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Wednesday, February 05, 2025 | 02:29 PM ISTEN Hindi

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Bloomberg

Bloomberg

Bloomberg

Adani, Tata profit misses add to concern over stock market outlook

Citigroup Inc. and HSBC Holdings Plc are among banks that have cut profit forecasts as the latest earnings from some of India's top firms

Adani, Tata profit misses add to concern over stock market outlook
Updated On : 05 Feb 2025 | 10:19 AM IST

CIA offers staff buyouts as Donald Trump looks to shrink workforce

As part of the offer sent to the workforce on February 4, employees could receive pay and benefits through Sept 30, without having to work

CIA offers staff buyouts as Donald Trump looks to shrink workforce
Updated On : 05 Feb 2025 | 10:11 AM IST

BlackRock planning to hire 1,200 people to expand 2 support hubs in India

BlackRock is also inheriting a so-called global capabilities center with roughly 1,500 staff in Bangalore through its proposed purchase of data firm Preqin

BlackRock planning to hire 1,200 people to expand 2 support hubs in India
Updated On : 05 Feb 2025 | 10:08 AM IST

Donald Trump vows to close Department of Education, seeks Congress' help

Trump said that some of his advisers had said he could shutter the Education Department through an executive order, but that his preference was to work with Congress as well as teachers' unions

Donald Trump vows to close Department of Education, seeks Congress' help
Updated On : 05 Feb 2025 | 8:56 AM IST

Trump administration begins flying detained migrants to Guantanamo Bay

Last month, President Donald Trump signed an executive order directing the expansion of a migrant detention center at the military installation to full capacity

Trump administration begins flying detained migrants to Guantanamo Bay
Updated On : 05 Feb 2025 | 8:50 AM IST

Elon Musk's 'buyout' offer accepted by more than 20,000 US federal workers

But those numbers are increasing every day, according to an official familiar with the data, and the Trump administration expects a spike in resignations

Elon Musk's 'buyout' offer accepted by more than 20,000 US federal workers
Updated On : 05 Feb 2025 | 8:47 AM IST

Donald Trump's proposed tariffs risk $29,000 rise in US home building costs

Housing inflation has remained stubbornly high month after month amid a national shortage, becoming a major issue for voters in the recent election

Donald Trump's proposed tariffs risk $29,000 rise in US home building costs
Updated On : 05 Feb 2025 | 8:31 AM IST

Xi Jinping's careful reply to Trump tariffs shows China has more to lose

China is being restrained because it "has more to lose," due to its huge trade imbalance with the US, according to Larry Hu, head of China economics at Macquarie Group Ltd

Xi Jinping's careful reply to Trump tariffs shows China has more to lose
Updated On : 05 Feb 2025 | 8:24 AM IST

Australia bans China's DeepSeek from government tech over security

Home Affairs Minister Tony Burke said in a statement that all DeepSeek products, applications and services would be removed from government systems on national security concerns

Australia bans China's DeepSeek from government tech over security
Updated On : 05 Feb 2025 | 8:11 AM IST

Elon Musk faces long court battle over feud with OpenAI CEO Sam Altman

The injunction Musk asked for would freeze OpenAI's transformation to a more conventional, public benefit for-profit company, just as it's in talks to raise as much as $40 billion in a funding round

Elon Musk faces long court battle over feud with OpenAI CEO Sam Altman
Updated On : 05 Feb 2025 | 7:55 AM IST

Meta adds $235 bn of value in winning streak as investors cheer AI bets

The stock is up 1.1 per cent Tuesday. If the gains hold through end of the session, the owner of Facebook will have added more than $235 billion in market value during the streak

Meta adds $235 bn of value in winning streak as investors cheer AI bets
Updated On : 04 Feb 2025 | 10:59 PM IST

Tata Motors sees demand revival by June after tax cut of up to ₹12 lakhs

The tax changes will be implemented from April 1 and people will see more money in their pockets, P B Balaji, group chief finance officer at Tata Motors Ltd. said in an interview

Tata Motors sees demand revival by June after tax cut of up to ₹12 lakhs
Updated On : 04 Feb 2025 | 11:16 AM IST

Singapore's DBS finds seat on table as MNCs start to look away from China

DBS Group Holdings Ltd. may want to purchase 29 per cent of Alliance Bank Malaysia Bhd., one of the country's smallest publicly traded banks, from its top investor

Singapore's DBS finds seat on table as MNCs start to look away from China
Updated On : 04 Feb 2025 | 9:42 AM IST

President Trump's tariff plan risks upending trade, stoking food inflation

Mexico, Canada and China account for about half of all American agriculture exports, and the US has become increasingly reliant on its two neighbours for fruit and vegetables

President Trump's tariff plan risks upending trade, stoking food inflation
Updated On : 04 Feb 2025 | 8:59 AM IST

Salesforce to cut 1,000 roles while hiring salespeople for AI products

More than 1,000 roles will be affected, according to the person, who asked not to be identified because the information is private. Displaced workers will be able to apply for other jobs internally

Salesforce to cut 1,000 roles while hiring salespeople for AI products
Updated On : 04 Feb 2025 | 8:52 AM IST

Donald Trump's tariff reversal feeds reputation as paper tiger on trade

Trump's threats and the prospect of them becoming real dropped US stocks and the currencies of his targets, including the Canadian dollar, Mexican peso, euro

Donald Trump's tariff reversal feeds reputation as paper tiger on trade
Updated On : 04 Feb 2025 | 8:47 AM IST

Trump plans to speak with Xi Jinping as deadline for China tariffs looms

China's reaction to Trump's initial tariff announcement - coming in the middle of a weeklong Lunar New Year holiday - was relatively muted

Trump plans to speak with Xi Jinping as deadline for China tariffs looms
Updated On : 04 Feb 2025 | 8:31 AM IST

President Trump's Canada, Mexico border deals avert trade war for now

Trump and Canadian Prime Minister Justin Trudeau announced their agreement Monday in separate social media posts, just hours before the two countries were due to begin placing tariff

President Trump's Canada, Mexico border deals avert trade war for now
Updated On : 04 Feb 2025 | 7:57 AM IST

Will actively manage cash needs amid tight liquidity, says Ajay Seth

The government on Saturday projected a slightly higher-than-expected 14.82 trillion rupees ($171 billion) of bond sales in its budget

Will actively manage cash needs amid tight liquidity, says Ajay Seth
Updated On : 03 Feb 2025 | 11:53 PM IST

Panama offers concessions to US after Rubio meets President Mulino

The Panamanian leader played down the tensions but reiterated his country won't give up the canal, as his government offered other concessions to the US

Panama offers concessions to US after Rubio meets President Mulino
Updated On : 03 Feb 2025 | 11:31 PM IST