Business

Wall Street stocks slipped in early trading on Tuesday as trade tensions with China resurfaced, putting pressure on major indices. The S&P 500 fell 1 per cent, the Dow Jones Industrial Average slipped 383 points or 0.8 per cent, and the Nasdaq composite shed 1.5 per cent as of 9:57 a.m. Eastern time, AP reported.The…

The Employees’ Provident Fund Organisation (EPFO) has extended the period for final settlement or full withdrawal of funds from provident fund and pension accounts for unemployed members. Under the revised rules, members can now withdraw their provident fund after 12 months of unemployment and their pension after 36 months, PTI reported.The change was approved by…

Silver prices soared Rs 6,000 on Tuesday to touch a lifetime high of Rs 1,85,000 per kilogram (inclusive of all taxes), extending their winning streak to the fifth straight session, according to trade data.The white metal had closed at Rs 1,79,000 per kg in the previous session. Traders attributed the sharp rally to strong festive…

India, the world’s largest importer of cooking oil, needs a predictable and transparent multi-year tariff framework for edible oils to end a decade of policy volatility that has distorted prices and discouraged investment, a new study has found.The research titled “Tariff Volatility and Stakeholder Dynamics in India’s Edible Oil Sector” — jointly conducted by the…

JPMorgan is hiring as part of its ambitious $1.5 trillion US “resiliency” plan, CEO Jamie Dimon announced on Monday.The bank is looking for financial specialists in defence, energy, artificial intelligence, and advanced manufacturing to help build an investment team. This team will deploy $10 billion in capital before the bank involves its bankers.“If you think…

Wholesale price inflation (WPI) eased to 0.13% in September, driven by lower prices of food articles and manufactured goods, according to government data released on Tuesday. The reading compares with 0.52% in August and 1.91% in the same month last year.“The positive rate of inflation in September 2025 is primarily due to an increase in…

Gold reached a new record high on Tuesday, surpassing $4,100 levels, as investors bet on the US Federal Reserve rate cuts and react to renewed US-China trade tensions. Silver also hit life-time high, benefiting from the same safe-haven demand.Spot gold was up 0.2% at $4,117.72 per ounce at 07:16 GMT, after earlier touching $4,179.48, according…

Doug Lebda, the 55-year-old founder and CEO of LendingTree, has died in a tragic all-terrain vehicle accident at his family’s farm in North Carolina. The online lending platform confirmed his death on Sunday and said the company was mourning the sudden loss of its leader.“Doug was a visionary leader whose relentless drive, innovation and passion…

LG Electronics India Ltd made it a solid debut on the BSE and NSE today after a strong IPO. The shares listed at a premium of 50%. The stock opened at 1715.00 on BSE and 1710 on NSE.LG Electronics India’s IPO became the second most heavily subscribed issue ever, oversubscribed 54.02 times, after only Reliance…

The company will adopt the name Tata Motors Passenger Vehicles Ltd (TMPV), comprising passenger vehicles, electric vehicles and Jaguar Land Rover (JLR) units. (AI image) Tata Motors demerger: Tata Motors shares dropped by 40% during early trading on Tuesday, with shares opening at Rs 399 on the Bombay Stock Exchange, compared to Monday’s closing price…