[ad_1] The United States on Wednesday launched a fresh attack on China’s economic approach, calling its export driven model “unsustainable,” which harms not only China but also the rest of the world. Speaking at the IIF Global Outlook Forum in Washington, US treasury secretary Scott Bessent stressed rising concerns around trade imbalances that US President…
[ad_1] The Institute of Chartered Accountants of India (ICAI) has decided to review the financial statements of Gensol Engineering Ltd and BluSmart Mobility Pvt Ltd for the financial year 2023–24, following serious allegations of financial misconduct and governance lapses involving the two companies.The move was confirmed by ICAI president Charanjot Singh Nanda, who said the…
[ad_1] Boeing on Wednesday said that China has “stopped taking delivery” of its aircraft, as tensions between Washington and Beijing over tariffs continue to disrupt the global aviation market.The company will now begin marketing the planes to other airlines after Chinese carriers returned the planes, Aerospace giant CEO Kelly Ortberg said in an interview with…
[ad_1] US stocks kicked off Wednesday’s trading session with a powerful rally, fuelled by renewed investor optimism after key political developments helped ease recent market tensions.Following weeks of volatility driven by concerns over interest rates, central bank independence, and global trade, Wall Street welcomed signs of stability from Washington.Markets surged after President Donald Trump backed…
[ad_1] Savings bank account for children: Know the latest RBI rules Early age savings and financial independence empower your child to become money-wise. RBI has issued fresh guidelines for banks regarding the opening and operation of deposit accounts by minors. The revised guidelines are aimed at harmonising existing regulations to ensure greater clarity and appropriate…
[ad_1] China on Wednesday signaled a renewed willingness to engage in trade negotiations with the United States, declaring that “the door for talks is wide open” amid ongoing tariff tensions.The statement follows recent comments by US President Donald Trump, who hinted that the sweeping tariffs on Chinese imports—some as high as 145 percent—could be significantly…
[ad_1] The cryptocurrency has seen a remarkable rally in the past few days. (AI image) Bitcoin has achieved a significant milestone by overtaking Amazon to become the sixth-largest asset globally by market capitalisation. Data from CompaniesMarketCap.com reveals Bitcoin’s market value has reached $1.857 trillion, exceeding Amazon’s $1.837 trillion.The cryptocurrency has seen a remarkable rally in…
[ad_1] AI-generated representative image Asian markets rose on Wednesday, encouraged by US President Donald Trump’s reassurance that Federal Reserve Chair Jerome Powell will remain in his position.The Indian equity benchmarks opened on a positive note on Wednesday, with the BSE Sensexcrossing 80,200 and trading at 80,140.02, up 544 points or 0.68 percent, as of 9.21…
[ad_1] New Delhi: Air India MD & CEO Campbell Wilson has stepped down as chairman of the AI Express and Nipun Aggarwal will take over that role. Aggarwal, who is on the board of the budget airline, will continue in his role as AI’s chief commercial officer.AI’s chief operating officer Captain Basil Kwauk will replace…
[ad_1] NEW DELHI: Puttting an end to his ‘big plans’ in the telecom business, Adani Group chairman Gautam Adani decided to move out of the competitive and capital-heavy sector. And, he has decided to sell the airwaves, acquired in 2022 auctions, to Bharti Airtel.Adani Data Networks acquired 400 MHz spectrum in 26GHz band for about…
