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ECB's role isn't funding military, says Lagarde amid EU spending shift

The monetary chief told reporters in Frankfurt on Thursday that a huge increase military spending is likely to boost the economy

ECB's role isn't funding military, says Lagarde amid EU spending shift
Updated On : 06 Mar 2025 | 11:36 PM IST

Worst German bond rout since 1990 triggers global selloff as yields surge

German bonds held their declines after the European Central Bank cut rates as predicted and indicated its easing phase is drawing to a close

Worst German bond rout since 1990 triggers global selloff as yields surge
Updated On : 06 Mar 2025 | 11:20 PM IST

Trump's tariffs put Starlink's future in Canada in uncertain waters

Starlink flies more than 7,000 satellites in low-Earth orbit (LEO) serving some 5 million subscribers, and Canada is the company's largest market outside of the US

Trump's tariffs put Starlink's future in Canada in uncertain waters
Updated On : 06 Mar 2025 | 7:24 PM IST

RBI Guv Sanjay Malhotra vows consultative approach with fintech firms

Malhotra's latest comments will likely provide relief to the industry hit hard by a crackdown on errant firms under his predecessor Shaktikanta Das

RBI Guv Sanjay Malhotra vows consultative approach with fintech firms
Updated On : 06 Mar 2025 | 11:38 AM IST

Why Honda could lose out to local rivals in India's scooter market

With rising incomes across India and Southeast Asia, the sector is booming: McKinsey & Co reckons sales will grow at 8.7 per cent a year through 2029

Why Honda could lose out to local rivals in India's scooter market
Updated On : 06 Mar 2025 | 9:01 AM IST

Oyo speeds up IPO plans as Ritesh Agarwal's debt repayment date looms

Creditors, including Mizuho Financial Group Inc insist that founder Ritesh Agarwal pay off the dues for $383 million he borrowed

Oyo speeds up IPO plans as Ritesh Agarwal's debt repayment date looms
Updated On : 06 Mar 2025 | 8:58 AM IST

How India's rising music star Diljit Dosanjh is breaking the Bollywood mold

Moving away from traditional film soundtracks with his hip-hop and rap-infused rhythms and high-profile collaborations with pop icons like Ed Sheeran and Sia, Dosanjh is breaking boundaries

How India's rising music star Diljit Dosanjh is breaking the Bollywood mold
Updated On : 06 Mar 2025 | 8:02 AM IST

DBS' outgoing CEO Piyush Gupta gets $13 million in 'Another Banner Year'

Gupta received a cash bonus of S$6.6 million, which took his pay package to S$17.6 million ($13.2 million), from S$11.2 million a year ago when he took a pay cut due to digital banking glitches

DBS' outgoing CEO Piyush Gupta gets $13 million in 'Another Banner Year'
Updated On : 06 Mar 2025 | 8:08 AM IST

Trump considers exempting some agri products from Canada, Mexico tariffs

Lawmakers from states with strong agriculture interests have pleaded with the administration to carve out tariff exemptions for fertilizers and other products that are critical for growing US crops

Trump considers exempting some agri products from Canada, Mexico tariffs
Updated On : 06 Mar 2025 | 7:43 AM IST

Stock market: Nifty Metal index logs biggest jump in nine months

The Nifty Metal index rose 4.04 per cent - most since June 5 - to end at 8,685, with all of its 15 components ending with gains

Stock market: Nifty Metal index logs biggest jump in nine months
Updated On : 05 Mar 2025 | 10:56 PM IST

US service sector growth picks up in February on strong demand, job growth

A spike in imports accounts for a large share of the setback, reflecting a scramble by companies to secure goods from overseas ahead of tariffs from the Trump administration

US service sector growth picks up in February on strong demand, job growth
Updated On : 05 Mar 2025 | 10:15 PM IST

Elissa Slotkin slams Trump over tariffs, Musk in Democratic response

Slotkin, who won her Senate seat despite Michigan voting for Trump in the presidential election, largely focused her message on the economic headwinds facing the nation

Elissa Slotkin slams Trump over tariffs, Musk in Democratic response
Updated On : 05 Mar 2025 | 12:55 PM IST

Donald Trump's latest trade-war salvo to likely put the brakes on US growth

There's also Elon Musk's cuts to the federal workforce, the clampdown on immigration, and a potential drag on business investment amid so much policy uncertainty

Donald Trump's latest trade-war salvo to likely put the brakes on US growth
Updated On : 05 Mar 2025 | 8:29 AM IST

Elon Musk fails to block OpenAI restructuring plans in court fight

US District Judge Yvonne Gonzalez Rogers denied Musk's request for an injunction that would immediately pause the ChatGPT maker's transformation from a nonprofit to public benefit for-profit company

Elon Musk fails to block OpenAI restructuring plans in court fight
Updated On : 05 Mar 2025 | 8:16 AM IST

Carlyle Group hunts for wealth assets in India amid rising competition

The New-York based firm that counts PNB Housing Finance Ltd. and Yes Bank Ltd. in its India portfolio, is keen to acquire wealth and asset management companies

Carlyle Group hunts for wealth assets in India amid rising competition
Updated On : 05 Mar 2025 | 8:11 AM IST

Adani's new $2.1 billion Navi Mumbai airport draws low-cost carriers

Tata Group's low-cost carrier Air India Express and smaller rivals SpiceJet and Akasa are also in discussions to eventually relocate all of their operations

Adani's new $2.1 billion Navi Mumbai airport draws low-cost carriers
Updated On : 05 Mar 2025 | 6:49 AM IST

Why India's tax office needs to win over taxpayers, and not tyrannise them

For investment and growth to take off, taxes need to be reliable, uniform and predictable

Why India's tax office needs to win over taxpayers, and not tyrannise them
Updated On : 05 Mar 2025 | 6:45 AM IST

CK Hutchison sells Panama Canal ports to BlackRock amid Trump pressure

The consortium will also acquire 90% of Panama Ports Co., which operates the two ports in Balboa and Cristobal

CK Hutchison sells Panama Canal ports to BlackRock amid Trump pressure
Updated On : 04 Mar 2025 | 9:35 PM IST

Putin agrees to help Trump broker high-stakes nuclear talks with Iran

White House officials did not immediately respond to a request for comment. Neither Russia nor Iran have publicly confirmed or denied the request

Putin agrees to help Trump broker high-stakes nuclear talks with Iran
Updated On : 04 Mar 2025 | 7:37 PM IST

Japanese firefighters struggle to contain biggest wildfire in 50 years

Residents have been instructed to evacuate, as more than 2,000 firefighters use helicopters and hoses to douse the flames

Japanese firefighters struggle to contain biggest wildfire in 50 years
Updated On : 04 Mar 2025 | 9:25 AM IST