BlackRock CEO Larry Fink warns oil could hit $150 amid Iran‑US war, sparking a ‘global recession’/ Image: BBC Amid an escalating conflict involving Iran‑Israel‑US tensions, now more than three weeks in, with Washington deploying more than 4,000 Marines to the region and weighing further troop movements even as talk of a ceasefire surfaces, oil markets…
The Wizarding world is set for a fresh retelling, with an all-new cast picking up their wands. HBO on Thursday released the first teaser trailer for its highly anticipated series titled ‘Harry Potter and the Philosopher’s Stone’. The teaser introduces a brand new cast, led by Dominic McLaughlin as Harry Potter, alongside Arabella Stanton as…
MUMBAI: With credit growth at 14.5% outpacing deposit growth at 11.9% as of Feb 28, banks have stepped up reliance on certificates of deposit, with their share rising to 2.6% of total deposits, the highest in a decade, reflecting a widening structural gap between asset creation and liability mobilisation.The Indian banking system is navigating a…
MUMBAI: Sammaan Capital (formerly Indiabulls) shares rose 6% after the RBI approved the acquisition of a controlling stake by UAE-based International Holding Company (IHC) through an initial investment of about Rs 8,850 crore. In a regulatory filing on March 24, Sammaan Capital said RBI had cleared applications related to the proposed transaction involving Avenir Investment,…
BENGALURU: OpenAI, the company behind ChatGPT, has hired former JioStar CEO Kiran Mani as managing director for Asia-Pacific, as the AI firm steps up its regional expansion amid strong user growth in markets including India. Mani is set to join in June. He will report to Jason Kwon and lead regional strategy and operations across…
NEW DELHI: The empowered group of officials to deal with the fallout of the West Asia conflict got down to business on Wednesday, and began mapping the demand and supply situation, and also started identifying potential sources to ensure that supply chains are not disrupted.Food and fuel availability are top priority and detailed reports have…
NEW DELHI: The Lok Sabha on Wednesday passed the Finance Bill, with 32 amendments moved by finance minister Nirmala Sitharaman, including specifying that in case of buyback of shares, additional income tax on capital gains made by promoters will face a 12% surcharge.The Finance Bill had proposed to replace dividend tax applicable to buybacks and…
White House press secretary Karoline Leavitt on Wednesday hit back at Philadelphia District Attorney Larry Krasner after he warned that immigration agents could face arrest, calling his remarks “disgraceful.”Responding during a press briefing, the White House press secretary questioned the basis of Krasner’s comments and criticised the tone of his warning. ‘Agents are helping, not…
NEW DELHI: With hopes of a resolution to the West Asia conflict rising, sensex rallied over 1,200 points in late session on Wednesday to close above the 75,000 mark again.As diplomatic initiatives to end the war between the US-Israel and Iran picked up pace, markets around the world rallied, crude oil prices slipped, and precious…
NEW DELHI: Govt on Wednesday named KVR Murty, a former Indian defence accounts service officer, as whole-time member of markets regulator Sebi, with a three-year tenure. Murty, who retired as additional controller general of defence accounts, has had a long stint in the ministry of corporate affairs. TNN Source link