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Rupee depreciated by 7 paise to 85.45 against the US dollar in early trade on Thursday, tracking a stronger American currency after a US federal court blocked President Donald Trump’s sweeping reciprocal tariff order. The court’s decision raised hopes of reducing global trade uncertainty, supporting dollar strength globally. At the interbank foreign exchange, the…
Tesla CEO Elon Musk has stepped down as a ‘Special Government Employee’ and top adviser to US President Donald Trump after spearheading efforts to cut wasteful government spending through the Department of Government Efficiency (DOGE). His exit, confirmed on Wednesday evening, follows months of upheaval and political resistance. Musk, who thanked Trump for the opportunity,…
UN Office on Drugs and Crime says ‘explosive growth’ in synthetic drug trade led to record seizures of methamphetamine in East and Southeast Asia in 2024. Drug production and trafficking has surged in the infamous “Golden Triangle“, where the borders of Myanmar, Laos and Thailand meet, the United Nations Office on Drugs and Crime (UNODC)…
A federal court on Wednesday blocked US President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law, throwing into doubt one of his most aggressive economic tools. The decision marks a major legal setback for Trump’s administration, which had relied on the tariffs as a core part of its trade strategy during…
Shares of Tat Motors, Samvardhana Motherson and pharma companies will gain traction in Thursday’s trade (May 29, 2025) as the US Court as a big step has blocked US President Donald Trump’s ‘Liberation Day’ tariffs. This is as the US Federal court hails ‘Liberation Day’ tariffs as illegal and prevented his plan of levying sweeping tariffs…
Indian equities on the weekly expiry day opened higher tracking positive global cues. At the open, Nifty50 moved higher by 0.4 per cent or 100 points at 24,852.55, while the Sensex added 329.85 points or 0.41 per cent to 81,642.17. Broader markets, meanwhile, also traded with gains, with the smallcap index outperforming the midcaps. Bank…
Q4 Results Today May 29, 2025, live updates: Find all the latest Q4 results 2025 updates for Bajaj Auto, Suzlon Energy, Prestige Estates Projects, Alkem Laboratories, SJVN, NBCC (India), Jubilant Agri and Consumer Products, Welspun Living, Lemon Tree Hotels, ICRA, Coffee Day Enterprises, Wockhardt, Amara Raja Energy & Mobility, Century Plyboards, Concord Biotech, Embassy Developments,…
Gold and Silver Price Today, 29 May 2025: Gold prices dipped on the Multi Commodity Exchange (MCX) on Thusday, reaching Rs 94,765 per 10 grams however, gained slightly to Rs 97607 per kilogram. In the international market, spot gold held steady at $3,299.95 per ounce, while US gold futures closed 0.2 per cent lower at $3,294.90. Analysts attribute the stability to the release…
Christal Hayes and Brandon Drenon BBC News Watch: Elon Musk says he is “disappointed” with Trump’s “big, beautiful bill”, in interview with CBS Sunday Morning Elon Musk has said he is leaving the Trump administration after helping lead a tumultuous drive to shrink size of US government that saw thousands of federal jobs axed. In…
Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi expects support for the headline Nifty50 index at 24,600-24,700 levels and a strong buy zone at 24,475-24,575 levels on Thursday, May 29. For the Nifty Bank, the market wizard expects support at 55,025-55,225 levels and a strong buy zone at 54,800-55,000 levels. How market guru Anil Singhvi sums up trade setup: …
