Page 138 - Reuters

Safe-haven gold hits record high amid trade war jitters, weakening dollar

The dollar index fell 0.4 per cent against its rivals, making gold more attractive for other currency holders

Govt offers cheap loans for arms, eyes Russia's traditional customers

New Delhi will also sharply increase the number of defense attaches in its foreign missions as part of a new programme that will see the government directly negotiate some arms deals

Nifty Auto rises 3.4% as Trump hints at tariff exemption for auto imports

After Trump announced sweeping tariffs on April 2, the Nifty Auto index had dropped over 10 per cent.

Apple airlifted iPhones worth $2 bn from India in Mar to beat Trump tariffs

Exports from Tata Electronics, another Apple supplier, stood at $612 million in March, around 63 per cent higher than the previous month

Trump warns Harvard may lose tax exempt status over political stance

President Donald Trump said on Tuesday that Harvard University could lose its tax exempt status and be taxed as a political entity after the school rejected demands from his administration

Wall Street edges higher as investors eye possible tariff exemptions

US President Donald Trump on Monday hinted at potential exemptions for the 25 per cent tariffs imposed on imports of autos and auto parts

US import prices unexpectedly fall in March on cheaper energy goods

Import prices dipped 0.1% last month after a downwardly revised 0.2% gain in February, the Labor Department's Bureau of Labor Statistics said on Tuesday

ICICI Prudential Life Q4 profit rises on strong group insurance demand

The insurer's standalone profit more than doubled to 3.86 billion rupees ($45 million) for the quarter ended March 31. Its quarterly net premium income grew 11% to 16.37 billion rupees

Citigroup Q1 results: Profit soars on 23% jump in stock trading revenue

Stock trading jumped in the first three months of the year as investors rejigged their portfolios during a period of heightened uncertainty over President Donald Trump's tariffs

J&J tops Q1 forecasts as cancer drugs drive growth; sales outlook raised

On an adjusted basis, the company earned $2.77 per share in the quarter, 2.2 per cent higher than the previous year and above analysts' estimates of $2.59 per share

Bank of America's Q1 profit rises on trading boost; stock gains 1.9%

Rivals JPMorgan Chase and Goldman Sachs have also reported stronger performance from their trading businesses

RBI's liquidity infusion plan pushes govt bonds to over 3-year highs

Reserve Bank of India will buy bonds worth ₹40,000 crore ($4.67 billion) and will also conduct 43-day repo for ₹1.50 trillion on Thursday

India moves to deepen junk debt market by allowing bad loan securitisation

Reserve Bank of India (RBI) said last week it would now permit market-determined securitisation of stressed assets, besides those loans where repayments were on track

Nissan to cut Japanese production of top-selling US model due to tariffs

US President Donald Trump's decision to slap a 25 per cent levy on cars built overseas has upended the global automotive supply chain

OpenAI's GPT-4.1 models boost coding skills, enhance long-context analysis

Improvements in instruction following and long context comprehension make the GPT-4.1 models more effective at powering AI agents

Asia shares rise on auto gains, bonds hold steady on some tariff reprieve

Trump said on Monday he was considering a modification to the 25 per cent tariffs imposed on foreign auto and auto parts imports from Mexico, Canada and other places

US shares rise as tariffs on smartphones, computers exempted; dollar dips

On the face of it, the exemption of 20 product types accounting for 23 per cent of US imports from China was a boon to manufacturers

Polished diamond exports hit two-decade low, says industry group

The slump dragged down overall gem and jewellery exports by 11.7% to $28.5 billion - a four-year low - from $32.28 billion the previous year

Apple takes top spot for first-quarter global smartphone sales, shows data

The data suggests iPhone demand remains strong in emerging markets, even as sales struggle in China due to competition from local players such as Huawei and a lack of AI features

Goldman Sachs Q1 profit up 15% as trading gains offset banking slump

The Wall Street lender joined rivals JPMorgan Chase and Morgan Stanley in reporting higher profits. But investors have shifted their focus on to economic projections, which are being clouded by tariff