[ad_1] AI-generated image (Credit: Bing image creator) The US services sector showed signs of improvement in April, with the Institute for Supply Management’s (ISM) services index rising to 51.6 per cent from 50.8 per cent in March. The reading slightly exceeded market expectations of 50.2 per cent and remained above the 50 per cent threshold…
[ad_1] AI-generated image (Credit: Bing image creator) The US administration’s April 2 tariff announcement (later paused for 90 days) is part of a broader strategy aimed at compelling foreign governments to reduce trade barriers to American goods.Moving beyond traditional tariffs, the policy targetsnon-tariff barriers such as agricultural regulations, taxation systems, currency practices, product standards, legal…
[ad_1] Warren Buffett (File photo) Billionaire investor Warren Buffett will remain chairman of Berkshire Hathaway even after Vice Chairman Greg Abel assumes the role of CEO at the start of 2026. The board of directors at the cash-rich conglomerate voted Sunday to retain the 94-year-old as chairman, offering reassurance to investors concerned about Berkshire’s stability…
[ad_1] Whilst immediate impact on Pakistan’s water supply might be limited, future effects could materialise. As India-Pakistan tensions escalate, the Narendra Modi government is taking steps to enhance the storage capacity at two hydroelectric facilities in Kashmir‘s Himalayan region, according to sources familiar with the situation who spoke to Reuters. This action follows India’s decision…
[ad_1] India’s economy remains largely unaffected by the reduced Pakistani imports. (AI image) India’s import ban on Pakistan: In a major economic retaliation following the Pahalgam attack, the Narendra Modi government has implemented sweeping restrictions, prohibiting all imports from Pakistan, whether direct or through intermediary nations, along with postal services and parcel deliveries from the…
[ad_1] Gold rate today: Focus this week shifts to Services PMI data from major economies and Fed policy meeting. (AI image) Gold price prediction: What’s the outlook for gold prices in the week starting May 5, 2025? After touching record highs recently, gold has seen dips in recent days. What are the global cues that…
[ad_1] Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting May 5, 2025) are Varun Beverages and JSW Infrastructure. Let’s take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) VBL 524 665 27% JSW Infra 290 370 28%…
[ad_1] Markets regulator Sebi is actively working with the Ministry of Finance and other financial regulators to set up a centralised Know Your Customer (KYC) system, Sebi Chairman Tuhin Kanta Pandey has said. The central KYC is an online database designed to streamline compliance by maintaining KYC records of customers in one place for use…
[ad_1] The State Bank of India (SBI) will maintain a return on assets (RoA) of over 1 per cent in FY26 despite expected margin pressure due to the softening interest rate cycle, Chairman C S Setty said on Saturday.RoA is a key profitability ratio that reflects how efficiently a company generates profit from its assets….
[ad_1] Donald Trump and Jerome Powell US President Donald Trump is taking credit for any signs of economic strength in the US while blaming President Joe Biden for recent weaknesses, including the first-quarter contraction in GDP. In a wide-ranging interview on NBC News’ “Meet the Press,” Trump also lobbed fresh criticism at Federal Reserve Chair…
