Kharif sowing near normal as rainfall deficit shrinks
New Delhi: The area planted with major kharif crops increased to 87.7% of the normal seasonal average by August 7, down only 1.8% year-on-year, as…
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…
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…
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…
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…
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…
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…
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…
Delhi State Cooperative Bank to venture into financing farmers, artisans
In a bid to strengthen the cooperative banking ecosystem in the National Capital Territory, NABARD’s New Delhi Regional Office organised its first Capacity Building Workshop…
CAG report flags fall in Delhi’s contribution to national GDP
New Delhi: Delhi’s economic growth has lagged the national economy over the past decade, with the national capital’s contribution to India’s GDP declining from 4%…