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Bitcoin rises above $80,000 for first time on optimism over Trump's victory

The cryptocurrency climbed as much as 4.7% to an unprecedented $80,092 on Sunday

Bitcoin rises above $80,000 for first time on optimism over Trump's victory
Updated On : 10 Nov 2024 | 10:34 PM IST

America First: Here's who Donald Trump may tap for national security

Besides national security, Trump will be looking to build out the heads of financial regulatory agencies, which are expected to take a more light-handed approach than Biden's administratration

America First: Here's who Donald Trump may tap for national security
Updated On : 10 Nov 2024 | 10:15 AM IST

Power Finance Corp not to sanction $2.4 bn debt to Shapoorji Pallonji Group

The group, controlled by Indian billionaire Shapoor Mistry, had earlier reached out to Power Finance for the loan

Power Finance Corp not to sanction $2.4 bn debt to Shapoorji Pallonji Group
Updated On : 09 Nov 2024 | 3:59 PM IST

Taj Hotels' parent co IHC to add 120 properties to tap travel, wedding boom

Indian Hotels will open the 1952-built Hessischer Hof in Frankfurt in the next 10 months marking its first foray into continent Europe

Taj Hotels' parent co IHC to add 120 properties to tap travel, wedding boom
Updated On : 08 Nov 2024 | 11:42 PM IST

India moves green bonds worth $1.2 billion to index-tracking menu

The announcement comes just three months after India imposed controls on foreign ownership of some newly issued bonds with 14-year and 30-year tenors

India moves green bonds worth $1.2 billion to index-tracking menu
Updated On : 08 Nov 2024 | 9:44 AM IST

Jerome Powell signals readiness to defy Trump in Federal Reserve's defence

The comments, just two days after Trump's re-election, portend the power struggle that may lie ahead between the central bank and a president who insists he should have a say on interest-rate policy

Jerome Powell signals readiness to defy Trump in Federal Reserve's defence
Updated On : 08 Nov 2024 | 8:22 AM IST

Education: The secret sauce that helped China in beating India at growth

Thanks to a 50-year head-start in exposure to Western learning, India had a student population that was eight times bigger than China's at the turn of the 20th century

Education: The secret sauce that helped China in beating India at growth
Updated On : 08 Nov 2024 | 7:45 AM IST

Federal Reserve cuts key interest rate by 25 bps to support economy

Officials voted unanimously to lower the federal funds rate to a range of 4.5% to 4.75%. The adjustment follows a larger, half-point cut in September

Federal Reserve cuts key interest rate by 25 bps to support economy
Updated On : 08 Nov 2024 | 1:03 AM IST

Indians highlight Usha Vance's south Asian roots after Harris loses polls

Usha Chilukuri Vance is the wife of JD Vance, running mate of Donald Trump, who won a second term in Tuesday's US presidential election

Indians highlight Usha Vance's south Asian roots after Harris loses polls
Updated On : 07 Nov 2024 | 11:44 AM IST

Trump's win in US elections wreaks havoc on global rate-cut expectations

The election tremors were felt in Europe, too - particularly in the east, which fears reduced US support for Ukraine as it tries to fend of Russian forces

Trump's win in US elections wreaks havoc on global rate-cut expectations
Updated On : 07 Nov 2024 | 11:32 AM IST

US tech giants brace for AI revamp, antitrust pullback in Trump 2.0

On artificial intelligence, Trump has vowed to rip up an executive order from President Joe Biden aimed at putting safety guardrails on the emerging technology

US tech giants brace for AI revamp, antitrust pullback in Trump 2.0
Updated On : 07 Nov 2024 | 10:20 AM IST

Here's why Harris' defeat keeps 248-year barrier for American women intact

The result means that 248 years into its history as an independent nation, the US has only elected male heads of state, upholding a barrier that has been demolished from Mexico to Italy

Here's why Harris' defeat keeps 248-year barrier for American women intact
Updated On : 07 Nov 2024 | 10:07 AM IST

Saudi Arabia plans $100 billion AI powerhouse to rival UAE tech hub

The state-backed entity will invest in data centers, startups and other infrastructure to develop AI, the people said, asking not to be identified discussing plans that aren't yet public

Saudi Arabia plans $100 billion AI powerhouse to rival UAE tech hub
Updated On : 07 Nov 2024 | 9:51 AM IST

US elections: Trump's ability to move past legal woes faces New York test

Trump's lawyers are expected to move to call off his sentencing in the so-called hush-money case, set for Nov. 26, and toss out the verdict now that he is president-elect

US elections: Trump's ability to move past legal woes faces New York test
Updated On : 07 Nov 2024 | 9:36 AM IST

Australia set to impose ban on social media for children under 16, says PM

The long-anticipated age limits for social media are part of a suite of measures from Albanese's center-left Labor government to crack down on technology giants

Australia set to impose ban on social media for children under 16, says PM
Updated On : 07 Nov 2024 | 9:28 AM IST

Trump's US presidential election victory casts shadow over Federal Reserve

In his campaign, Trump promised to wield tariffs more aggressively against US trading partners, deport millions of undocumented immigrants and extend his 2017 tax cuts

Trump's US presidential election victory casts shadow over Federal Reserve
Updated On : 06 Nov 2024 | 10:10 PM IST

Global CEOs confront new era with Donald Trump win, risk of tariffs

CEO Harald Fotland answered with a warning: "We will see more protectionism, and that might be an issue for exports out of the US."

Global CEOs confront new era with Donald Trump win, risk of tariffs
Updated On : 06 Nov 2024 | 9:55 PM IST

Elon Musk is about to find out what $130 million for Donald Trump gets him

"He's a character. He's a special guy. He's a super genius," Trump said of Musk while addressing his supporters overnight. "We have to protect our geniuses. We don't have that many of them."

Elon Musk is about to find out what $130 million for Donald Trump gets him
Updated On : 06 Nov 2024 | 8:58 PM IST

Apple to face first fine under EU's Digital Markets Act for Big Tech

Watchdogs are readying the penalty after the iPhone maker failed to allow app developers to steer users to cheaper deals and offers outside of the App Store

Apple to face first fine under EU's Digital Markets Act for Big Tech
Updated On : 06 Nov 2024 | 8:12 AM IST

Nvidia rides AI wave to surpass Apple, becomes world's largest company

Microsoft Corp., which Nvidia passed last month, has a market cap of $3.06 trillion. Nvidia has soared more than 850 per cent since the end of 2022

Nvidia rides AI wave to surpass Apple, becomes world's largest company
Updated On : 06 Nov 2024 | 7:59 AM IST