[ad_1] The US economy grew at a sluggish 0.5% annual pace in the October–December quarter, lower than earlier estimates, as a prolonged government shutdown weighed on activity, AP reported.The Commerce Department revised down its estimate of fourth-quarter GDP growth from 0.7% to 0.5%, marking a sharp slowdown from 4.4% growth in the July–September period and…
[ad_1] TOI correspondent from Washington: Iran has moved to reassert control over the Strait of Hormuz within hours of Israel’s continued strikes in Lebanon, putting a squeeze on shipping movement just 48 hours before talks are scheduled to commence in Islamabad. Tehran’s actions—ranging from enhanced inspections to outright halts of tankers—have contradicted US claims that…
[ad_1] US stock markets opened muted on Thursday while crude oil prices surged toward $100 per barrel, as doubts over the durability of the US-Iran ceasefire dampened investor sentiment, AP reported.The S&P 500 slipped 0.1%, while the Dow Jones Industrial Average fell 40 points, or 0.1%, and the Nasdaq Composite declined 0.2% in early trade…
[ad_1] Individuals should effectively apply tie breaker rules in case of possible dual residency under applicable tax treaty provisions. (AI image) In today’s globalised world, the ability to live in one country and work in another country for an employer in the third country is becoming a norm rather than an exception. Professionals are increasingly…
[ad_1] Applications for unemployment benefits in the US rose last week but remained within a stable range, indicating resilience in the labour market despite global economic uncertainties, AP reported.Initial jobless claims increased by 16,000 to 2,19,000 for the week ending April 4, up from 2,03,000 in the previous week and higher than analysts’ expectations of…
[ad_1] US inflation rose in line with expectations in February, with further upside risks emerging from the Iran war, a trend that could delay interest rate cuts by the Federal Reserve, Reuters reported.The personal consumption expenditures (PCE) price index –the Fed’s preferred inflation gauge– increased 0.4% in February after a 0.3% rise in January, data…
[ad_1] Equity benchmark indices closed lower on Thursday, with the Sensex tumbling 931 points after the previous session’s sharp rally, as renewed tensions in West Asia dented ceasefire-led optimism.The truce appeared at risk after Iran again shut the Strait of Hormuz following Israeli strikes in Lebanon, while rising crude prices, weak global cues and continued…
[ad_1] The United States has said it looks forward to hosting an Indian delegation in Washington later this month, indicating renewed momentum in bilateral trade engagement as both sides seek to advance the proposed trade agreement.“Highly Productive meeting with @USTradeRep Ambassador Greer to discuss advancing @POTUS trade priorities in South and Central Asia. The United…
[ad_1] Gold prices in India showed a mixed trend on Thursday with futures trading marginally higher while retail rates declined in several cities and rose in select markets.On the Multi Commodity Exchange (MCX), gold futures edged up, supported by global cues and steady investor interest. The June contract rose Rs 175 or 0.12% to Rs…
[ad_1] TCS Q4 FY26 results: Tata Consultancy Services (TCS), India’s largest IT services major, reported a profit after tax of Rs 13,718 crore for the fourth quarter of financial year 2025-26. This is a 12% year-on-year rise in net profit.Revenue from operations also rose 10 per cent compared to the previous year, reaching Rs 70,698…
