The European Union’s decision to slash duty-free steel quotas and double tariffs on excess imports to 50% has triggered alarm among British steelmakers and European manufacturers alike. The move, designed to shield the EU’s domestic steel sector from global oversupply, could reshape Europe’s industrial trade links and expose the UK…
Last week, bids for Russian 12.5% protein wheat at deep-sea ports fell to 16,500–16,800 rubles per metric ton, down from 16,800–17,000 rub/mt the previous week, according to SovEcon’s price monitoring.This drop in prices was the first decline since late August, and SovEcon attributed it to a stronger ruble and weak…
Tata Motors stock continues its downward streak, dropping for the fourth straight session to ₹688.9 on the NSE, a fall of nearly 7% in under a week amid mounting investor concerns.This slide follows rising investor anxiety about Tata Motors’ upcoming demerger and JLR’s weak quarterly performance.To make matters worse, technical…
Platinum has witnessed a significant surge, climbing over $200 since mid-September to just over $1,600 per troy ounce. This remarkable 80% price increase makes it the sharpest riser not only among precious metals but across the entire commodities sector, potentially surpassing its 2009 record of a 56% annual increase.Source: Commerzbank ResearchHistorical…
UK Prime Minister Keir Starmer kicked off a two-day visit to India on Wednesday, bringing along a huge delegation of over 100 business, academic, and cultural leaders. The timing couldn’t be more significant, coming on the heels of the UK-India Comprehensive Economic and Trade Agreement (CETA), which was finalized in…
Meta and Apple are close to settling two high-profile antitrust cases with the European Commission, marking a potential de-escalation in the ongoing tension between US Big Tech companies and European regulators, reported Financial Times. According to officials cited in the report, who have been briefed on the discussions, both companies…
Tesla (NASDAQ: TSLA) unveiled lower-cost versions of its two best-selling vehicles — the Model 3 sedan and Model Y SUV — on Tuesday, as the electric vehicle maker works to reignite flagging sales and defend its market share. The new versions are priced at $36,990 for the Model 3 and…
Oracle Corp (NYSE: ORCL) closed notably lower on Tuesday after a report from tech publication – The Information – raised concerns about the company’s cloud margins.The aforementioned report suggested Oracle’s artificial intelligence (AI) infrastructure buildout – powered by Nvidia chips and new data centres – may be more capital-intensive than…
A fresh FBI probe into cyberattacks on prominent US law firms, an expanded funding drive for Elon Musk’s xAI, and UK Prime Minister Keir Starmer’s firm stance on visa restrictions dominated headlines overnight. Meanwhile, Washington’s government shutdown stretched into its seventh day, with lawmakers still deadlocked over health care subsidies.FBI…
The Nifty 50 Index rose for five consecutive days, reaching a high of ₹25,200, its highest level since September 23. It has jumped by over 15% from its lowest point this year. This article provides a technical analysis for the blue-chip Indian index and looks at its top gainers and…









