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US stocks fall as oil prices cross $100 and Fed rate hike bets rise. (Photo by Michael M. Santiago / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)
Posted in Business

US stock market: Dow, Nasdaq, S&P 500 fall as oil tops $100, Fed rate hike bets rise

US stocks turned lower at Wednesday’s opening bell as rising oil prices and changing expectations around the Federal Reserve’s September interest-rate decision put pressure on…

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Posted in Economy

India economy to regain its mojo, return to current account surplus: NITI Aayog’s Lahiri

New Delhi: NITI Aayog Vice Chairman Ashok Kumar Lahiri on Wednesday said the Indian economy has been doing reasonably well and that Asia’s third-largest economy…

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Crypto firms and banks battle over the Clarity Act ahead of the Senate vote. (Pexel/Representative image) (Pexel)
Posted in Business

Will the Clarity Act pass? Crypto firms and banks battle ahead of Senate vote

Crypto and banking groups are stepping up their fight over a major cryptocurrency bill ahead of a key Senate vote. The battle over the Clarity…

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The joint Russian-Indian Industrial Exhibition “INNOPROM.India”, is being held on September 9-11 in New Delhi (X/RusEmbIndia)
Posted in Business

Russian hi-tech firms to join trade fair ahead of Brics Summit

Russia’s top hi-tech companies will showcase products in areas such as medical equipment, robots, and transport digitalisation solutions at an event in New Delhi ahead…

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Posted in Economy

India seeks payment-system links in every FTA, Commerce Secy says: Report

India is seeking to link its payment systems with those of its trading partners as part of every free trade agreement it negotiates, as New…

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Hylenr Technologies: Hyderabad startup Hylenr reports rare-earth signatures in reactor tests, may open new route to critical materials
Posted in Startups

Hylenr Technologies: Hyderabad startup Hylenr reports rare-earth signatures in reactor tests, may open new route to critical materials

Hyderabad-based energy technology startup Hylenr Technologies has reported experimental findings from its hydrogen-based reactor research that show signatures associated with rare-earth and other elements, potentially…

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Posted in Economy

UPI still has ‘lot of scope’ to grow, rural and offline access key challenges: NPCI CTO

Mumbai: The Unified Payments Interface (UPI) still has significant room to expand, particularly in reaching rural populations and developing offline payment solutions, National Payments Corporation…

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Mortgage rates rise as more homebuyers turn to adjustable-rate mortgages. (Pexel/Representative image) (Pexel)
Posted in Business

Mortgage rates rise as 30-year rates hit 6.85%, pushing more homebuyers toward ARMs as demand falls 2.7%

Mortgage rates moved higher last week, pushing some borrowers toward adjustable-rate mortgages (ARMs) as they looked for cheaper loan options. The rise in rates also…

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Brent crude oil prices cross $100 as Middle East conflict raises supply concerns. (Reuters)
Posted in Business

Brent oil price crosses $100: Why Middle East conflict is driving crude prices higher

Brent crude oil futures crossed $100 a barrel on Wednesday, reaching their highest level in more than six weeks. The price touched $100.19 a barrel…

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Posted in Economy

Refiners to sell 2.5 lakh tonnes of white sugar in domestic market: Shree Renuka Sugars MD & CEO

New Delhi: Indian sugar refiners plan to sell around 2.5 lakh tonnes of white sugar in the domestic market, Shree Renuka Sugars Managing Director and…

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