Business

September 16, 2024 4:28 PM

Sale of fish affected in Howrah fish market due to protests in Bangladesh

Sales at Howrah's fish market have been severely impacted by ongoing violence and protests in Bangladesh. On Thursday, officials reported a significant decline in the quantity of fish arriving from Bangladesh, leading to substantial losses for fish traders in Kolkata. This has led to the halt of th...

August 7, 2024 6:07 PM

Indian stock markets retain gains, Sensex surges 900 points

The Indian stock market witnessed a rebound on Wednesday, recovering from Monday's historic downturn. The Sensex surged by 900 points, breaking a three-day losing streak. At the close of trading, the Sensex stood at 79,468.01, up by 874.94 points or 1.11%, while the Nifty ended at 24,297.50, gaining...

August 7, 2024 2:48 PM

Global stocks rebound continues, yen slumps after BOJ talks down rate hikes

European and Asian share markets rose on Wednesday, led by another bounce in the Nikkei, as the Bank of Japan unexpectedly turned cautious on rate hikes amidst market volatility, inducing a sharp fall in the yen. Europe's broad Stoxx 600 index rose 0.8% in early trading, and Nasdaq futures were up ...

August 7, 2024 2:16 PM

OPEC’s tightrope walk between oil price stability and climate goals

In recent days, the global oil market has experienced significant volatility, reflecting the complex interplay of geopolitical tensions in the Middle East, economic concerns, and production disruptions. This turmoil highlights the delicate balance OPEC must maintain in an increasingly uncertain worl...

August 7, 2024 2:22 PM

Google monopoly ruling could help Apple defense in antitrust case

Apple could be the winner after Alphabet's Google lost its fight with the U.S. antitrust enforcers earlier this week, with a ruling that supports the iPhone maker's defense in its own antitrust court battle with U.S. prosecutors, legal experts said. A federal judge mostly sided with state and feder...

August 6, 2024 8:58 PM

Wall Street opens higher after global selloff

Wall Street's main indexes opened higher on Tuesday (August 6) as investors hunted for bargains after a global stocks rout in the previous session, while dovish rate commentary from Federal Reserve officials also lifted the mood. The Dow Jones Industrial Average rose 1.16 points at the open to 38,7...

August 6, 2024 4:53 PM

Sensex and Nifty close in red after rebounding from Monday’s plunge

The Indian stock market closed in negative territory on Tuesday, following a brief recovery after Monday's losses. The Sensex declined by 166.33 points to settle at 78,593.07, while the Nifty dropped 63.05 points, closing at 23,992.55. Despite an initial gain of over 1% during Tuesday's opening, the...

August 6, 2024 3:14 PM

Bangladesh crisis: India-Bangladesh trade at risk amid political turmoil

Amid the ongoing political unrest in Bangladesh, the longstanding trade relationship between India and Bangladesh is facing challenges. Both countries have been major trading partners, engaging in a wide exchange of goods and services. In the fiscal year 2023-24, the total trade between India and B...

August 6, 2024 2:08 PM

Google has an illegal monopoly on search, US judge rules

A U.S. judge ruled on Monday that Google violated antitrust law, spending billions of dollars to create an illegal monopoly and become the world's default search engine, the first big win for federal authorities taking on Big Tech's market dominance. The ruling paves the way for a second trial to d...