NEW DELHI: Indian companies should secure additional funding and strengthen supply chains, while govt should consider emergency financing for MSMEs and tax reforms to mitigate impact of the ongoing West Asia conflict, according to a Ficci report. “The ongoing disruption in West Asia carries far-reaching implications for import-dependent economies, such as India, with likely impact […]
Middle East war fallout: IMF chief warns of ‘unavoidable pain’, urges central banks to curb inflation
IMF chief Kristalina Georgieva on Thursday urged central banks to prioritise tackling inflation even at the cost of growth, warning that the global fallout of the US-Israel war on Iran will inevitably bring economic “pain”, PTI reported.“A word of caution upfront: this being a classic negative supply shock, demand adjustment is unavoidable. We cannot go […]
Middle East crisis: Govt reviews shipping, packaging issues with exporters; relief measures discussed
The commerce ministry on Thursday held consultations with exporters to address disruptions in shipping, port operations and packaging arising from the ongoing West Asia crisis, PTI reported.Commerce Secretary Rajesh Agrawal chaired two meetings attended by Shipping Secretary Vijay Kumar, export promotion councils (EPCs), commodity boards, shipping lines, ports and exporters.Officials said the discussions focused on […]
US economy grows 0.5% in Q4; shutdown, weak consumption weigh on pace
The US economy grew at a sluggish 0.5% annual pace in the October–December quarter, lower than earlier estimates, as a prolonged government shutdown weighed on activity, AP reported.The Commerce Department revised down its estimate of fourth-quarter GDP growth from 0.7% to 0.5%, marking a sharp slowdown from 4.4% growth in the July–September period and 3.8% […]
Gold price today (April 9, 2026): How much 18K, 22K and 24K gold costs in your city? Check prices in Delhi, Mumbai, Chennai & more
Gold prices in India showed a mixed trend on Thursday with futures trading marginally higher while retail rates declined in several cities and rose in select markets.On the Multi Commodity Exchange (MCX), gold futures edged up, supported by global cues and steady investor interest. The June contract rose Rs 175 or 0.12% to Rs 1,51,951 […]
US stock market today (April 9, 2026): Dow slips, S&P 500 dips; oil climbs toward $100 as ceasefire doubts weigh
US stock markets opened muted on Thursday while crude oil prices surged toward $100 per barrel, as doubts over the durability of the US-Iran ceasefire dampened investor sentiment, AP reported.The S&P 500 slipped 0.1%, while the Dow Jones Industrial Average fell 40 points, or 0.1%, and the Nasdaq Composite declined 0.2% in early trade after […]
US jobs data: Weekly jobless claims rise to 2.19 lakh; labour market steady despite global uncertainties
Applications for unemployment benefits in the US rose last week but remained within a stable range, indicating resilience in the labour market despite global economic uncertainties, AP reported.Initial jobless claims increased by 16,000 to 2,19,000 for the week ending April 4, up from 2,03,000 in the previous week and higher than analysts’ expectations of 2,10,000, […]
US inflation rises 0.4% in February; strong spending, oil shock may delay rate cuts
US inflation rose in line with expectations in February, with further upside risks emerging from the Iran war, a trend that could delay interest rate cuts by the Federal Reserve, Reuters reported.The personal consumption expenditures (PCE) price index –the Fed’s preferred inflation gauge– increased 0.4% in February after a 0.3% rise in January, data from […]
Stock market today (April 9, 2026): Which are the top gainers and losers in Nifty50 and BSE Sensex today? Check list
Equity benchmark indices closed lower on Thursday, with the Sensex tumbling 931 points after the previous session’s sharp rally, as renewed tensions in West Asia dented ceasefire-led optimism.The truce appeared at risk after Iran again shut the Strait of Hormuz following Israeli strikes in Lebanon, while rising crude prices, weak global cues and continued foreign […]
TCS Q4 FY26 results: Tata Consultancy Services reports 12% rise in net profit at Rs 13,718 crore; dividend declared
TCS Q4 FY26 results: Tata Consultancy Services (TCS), India’s largest IT services major, reported a profit after tax (PAT) of Rs 13,718 crore for the fourth quarter of financial year 2025-26. This is a 12% year-on-year rise in net profit.Revenue from operations also rose 10 per cent compared to the previous year, reaching Rs 70,698 […]