China cuts tariffs on US farm goods China is offering Washington a little tariff relief — but the door is far from fully open.Beijing plans to cut tariffs on several US agricultural goods, while keeping an additional 10% tariff on soybeans, one of the biggest US farm exports to China.The Chinese commerce ministry’s tariff-reduction list…
The case took a significant turn in 2007, when the landlady borrowed Rs 25 lakh from the tenant. (Image for representative purpose only) You rent out your property and the rent agreement expires, and the tenant does not vacate it, but continues to pay you higher rent. Are you entitled to claim mesne profits, which…
For the week ahead, crude oil, Treasury yields, Fed communication and US-Iran negotiations are likely to remain the principal drivers. Gold price prediction today: Gold prices are falling and multiple global factors are likely to continue adding pressure, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. Let’s take a look:Gold…
Gold remains under pressure as both bond yields and crude oil prices moved higher. Gold price crash today: The start of the week saw both the precious metals, MCX Gold and MCX Silver, crash on Monday as the rise in oil prices fuelled inflation worries and increased expectations that the US Federal Reserve could raise…
Both indices crashed over 1% amid the intensifying Iran-US conflict. Stock market crash today: BSE Sensex and Nifty50, the Indian equity benchmarks tanked in morning trade on Monday as persistently high crude oil prices and a spike in US bond yields added to investors’ woes. Both indices crashed over 1% amid the intensifying Iran-US conflict.While…
Rupee falls 20 paise against US dollar Rupee began Monday in red, slipping 20 paise to 95.95 against the US dollar in early trade. The decline came as a strengthening greenback, continued foreign fund outflows and elevated crude oil prices added pressure on the domestic currency amid the ongoing Middle East conflict.The currency began the…
Gold prices fell sharply on Monday, extending losses to more than 2%, as a surge in oil prices stoked inflation concerns and strengthened expectations that the US Federal Reserve could keep interest rates higher for longer.Spot gold fell 2.1% to $4,198.10 an ounce as of 9:35 am IST, putting it on track for its biggest…
Dalal Street began the week on a negative note, with BSE Sensex declining 700 points and NSE Nifty50 opening below the 23,000 mark. The sharp fall came as investors assessed rising crude oil prices, geopolitical cues and continued foreign selling.BSE Sensex fell 696.56 points, or 0.94%, to 73,199.18, while Nifty 50 declined to 22,915.90, down…
Oil remains elevated as Trump rejects Iran proposal Oil prices rose on Monday as Middle East tensions kept markets on edge after US President Donald Trump rejected Iran’s proposal to end the conflict and reopen the Strait of Hormuz. With this, oil markets have continued to remain volatile for seven months now, since US and…
The UFBU agreed to defer the agitation programmes and strike actions that had been planned, its statement said. Bank customers dreading a delay in transactions due to the proposed three-day bank strike have reason to cheer as the United Forum of Bank Unions (UFBU) has decided to defer the move.This means that all banks across…
