Business

US stock market stayed volatile on Friday, extending the turbulence from the previous session as major AI-linked stocks swung sharply and triggered another day of unsettled trading across Wall Street.The S&P 500 slipped 0.5% after recovering part of an early 1.3% slide. The Dow Jones Industrial Average was down 485 points, or 1%, while the…

India has asked Russia to fast-track approvals for Indian exporters –including expedited listing of domestic establishments and quicker registration of marine and pharmaceutical products — as part of a broader push to expand two-way trade, the commerce ministry said on Thursday.Commerce secretary Rajesh Agrawal, currently in Moscow, stressed the need for “confidence-building measures to unlock…

India has slipped into the “reverse AI trade” category within emerging markets after an unusually weak year, even as strong domestic inflows prevented a sharper slide, ET reported, citing Chris Wood, global head of equity strategy at Jefferies.In his Greed & Fear note, Wood pointed out that India has lagged the MSCI Emerging Markets Index…

India’s foreign exchange reserves fell for the third consecutive week, slipping by $2.699 billion to $687.034 billion for the week ended November 7, according to data released by the Reserve Bank of India (RBI) on Friday.The forex kitty had already declined by $5.623 billion in the previous week to $689.733 billion, extending what has become…

Hiring activity across India’s private sector improved marginally in the first 10 months of 2025, supported by stronger demand, healthier order books and a steady revival in business sentiment. An ET analysis of HSBC and S&P Global Market Intelligence data shows that the jobs component of the seasonally adjusted HSBC India PMI rose to 53.8…

Andhra Pradesh is set to see another major AI boost, months after Google announced its AI data centre investment. This time, Reliance Industries has announced setting up a 1 GW AI-focused data centre in the south Indian state. The upcoming Reliance facility will be built as a modular unit equipped with graphic processing units, tensor…

China’s consumer spending lost further momentum in October, with official figures showing the weakest pace of retail growth in more than a year.The numbers, released on Friday highlight the difficulty authorities are facing as they try to lift confidence among households still reluctant to spend.According to the National Bureau of Statistics (NBS), retail sales were…

Analysts indicate favourable conditions for equities, citing reduced retail inflation, export policy support measures, and positive corporate earnings results. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Friday on weak global cues. While Nifty50 was below 25,800, BSE Sensex was down almost 300 points. At…

Commerce and industry minister Piyush Goyal on Friday outlined India’s ongoing plan to expand its free trade agreement network, saying that discussions are underway with the US, the European Union, New Zealand, Oman, Peru and Chile.Speaking at the CII Partnership Summit 2025, Goyal also highlighted the scope for infrastructure collaboration, stating that the India Trade…

South Korea and the US have reached an agreement, covering areas such as nuclear power, tariff concerns, AI and more.South Korean President Lee Jae Myung on Friday announced that the two nations have finalised a joint face sheet agreement on trade and security issues. The deal with bring down US import duties on South Korean…