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India-SACU trade pact terms may be signed tomorrow
Posted in Economy

India-SACU trade pact terms may be signed tomorrow

New Delhi: India and the Southern African Customs Union (SACU) are likely to ink the terms of reference (ToRs) for a preferential trade pact on…

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Unemployment rate up at 5.4% on rise in rural joblessness in Q1
Posted in Economy

Unemployment rate up at 5.4% on rise in rural joblessness in Q1

New Delhi: India’s unemployment rate rose to 5.4% in the April-June period from 5% in the preceding quarter, driven primarily by an increase in the…

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Posted in Economy

Rice use for ethanol may rise as maize, sugarcane acreage falls this Kharif season

New Delhi: India may have to rely more heavily on rice for ethanol production this year as lower kharif acreage under maize and sugarcane raises…

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JPMorgan raises its S&P 500 target to 8,000 (Photo by Michael M. Santiago / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)
Posted in Business

S&P 500 to 8,000? Why JPMorgan is betting on earnings despite high valuations

JPMorgan is becoming more bullish on the US stock market. Strategists at JPMorgan Chase & Co. have raised their year-end target for the S&P 500…

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Boeing to divest tech ventures for stake in air-taxi startup
Posted in Startups

Boeing to divest tech ventures for stake in air-taxi startup

Boeing announced an agreement Monday to divest its air taxi and two other technology ventures to Archer Aviation for a stake in the startup. The…

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IIT Madras alumni’s Discovered Materials raises $9 million from Lightspeed, YC, Peak XV
Posted in Startups

IIT Madras alumni’s Discovered Materials raises $9 million from Lightspeed, YC, Peak XV

Discovered Materials, a startup building AI agents to discover new materials for semiconductor chips, has raised $9 million (Rs 85 crore) in a round led…

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Mortgage rates today: The 30-year rate falls to 6.823%. (Pexel/Representatative image) (Pexel)
Posted in Business

Mortgage rates today: 30-year rate falls to 6.823% as Fed, inflation and Iran war drive rates

30-year mortgage rates edged lower today. The average interest rate on a 30-year home purchase mortgage is 6.823%, down from 6.843% on Friday, according to…

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Posted in Economy

Indonesia-India discuss proposal to create Preferential Trade Agreement

Indonesian Trade Minister Budi Santoso met with Indian Minister of Commerce and Industry Piyush Goyal, and discussed steps to enhance bilateral trade relations by accelerating…

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US stocks stayed flat as Iran tensions pushed oil above $80, while Intel fell and investors weighed Fed rate bets, inflation data and key stock moves. (Photographer: Michael Nagle/Bloomberg) (Bloomberg)
Posted in Business

US markets today: Why did stocks struggle? Dow falls as Iran tensions push oil higher

US stocks opened mostly flat on Monday as investors remained worried about whether the US and Iran can reach a lasting deal over the Strait…

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Archer Aviation stock surged 22% after its Boeing deal (AP Photo/Richard Drew, File) (AP Photo/Richard Drew)
Posted in Business

Why Archer Aviation stock surged 22% as Boeing deal expands its defense and autonomous flight business

Archer Aviation shares jumped sharply after the company announced a major deal with Boeing. The stock surged 22.5% in pre-market trading on Monday, after Archer…

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