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Jotaro Tamura. | Photo Credit: Special Arrangement Despite the global headwinds, Mitsui OSK Lines is confident about making investments in India and the momentum has not changed, Jotaro Tamura, president and chief executive officer (CEO) of the company owning the world’s largest vessel fleet told The Hindu on Monday (May 11, 2026). Mr. Tamura underlined…
(L-R) Iranian Foreign Minister Abbas Araghchi; South Africa’s Foreign Minister Ronald Lamola; Russia’s Foreign Minister Sergey Lavrov; India’s Foreign Minister S Jaishankar; Brazil’s Foreign Minister Mauro Vieira; Egypt’s Foreign Minister Badr Abdelatty; and Ethiopia’s Foreign Minister Gedion Timothewos Hessebon at the BRICS Foreign Ministers’ Meeting at Bharat Mandapam, in New Delhi on Thursday, May 14,…
Following the recent import duty hike, the sharp jump in domestic prices triggered investor selling and delayed fresh purchases, further weakening already soft physical demand, he added. (Representational image) | Photo Credit: Getty Images/iStockphoto Gold price rose by ₹650 to ₹1.66 lakh per 10 grams in the national capital on Thursday (May 14, 2026) after…
Stock markets rose for the second consecutive day on Thursday (May 14, 2026) with the benchmark Sensex jumping by nearly 790 points in a volatile session, driven by value buying in telecom, pharma and private banking shares. The 30-share Bombay Stock Exchange (BSE) Sensex jumped 789.74 points, or 1.06%, to close at 75,398.72. The index…
Read More “Sensex jumps nearly 790 points on buying in telecom, banking shares” »
Rupee weakened further and fell to a record low against the U.S. dollar. File | Photo Credit: Reuters The rupee weakened further and fell to a record low of 95.73 (provisional) against the U.S. dollar on Thursday (May 14, 2026), amid a strong dollar and worries over inflation amid elevated energy prices. Forex traders said…
Read More “Rupee settles at record low of 95.73 against U.S. dollar” »
A goldsmith engrossed in jewellery making at a unit. | Photo Credit: S. Siva Saravanan About 30,000 jewellers in Tamil Nadu will stop selling gold coins and not promote gold savings schemes and other promotional schemes in the State, said Tamil Nadu Jewellers Federation president B. Sabarinath on Wednesday (May 13, 2026). Following the hike…
Read More “Tamil Nadu jewellers to stop sale of gold coins” »
The U.S. has cleared around 10 Chinese firms to buy Nvidia’s second-most powerful AI chip, the H200, but not a single delivery has been made so far, three people familiar with the matter said, leaving a major technology deal in limbo as CEO Jensen Huang seeks a breakthrough in China this week. Huang, who was…
Read More “U.S. clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough” »
Inflation in food articles was 1.98% in April, compared to 1.90% in March. In non-food articles, inflation rose to 12.18% during April, 11.5% in the previous month, data released by the commerce and industry ministry showed. File | Photo Credit: The Hindu Wholesale price inflation shot up to 8.30% in April, from 3.88% in March,…
Read More “Wholesale price inflation rises to 8.3% in April on sharp spike in fuel, power, crude” »
Sensex and Nifty rise on May 14, 2026. File | Photo Credit: Reuters Benchmark equity indices c, driven by buying in banking shares and positive cues from Asian markets amid optimism surrounding the ongoing U.S.-China Summit. The 30-share BSE Sensex jumped 450.51 points, or 0.60%, to 75,059.49 in early trade. The 50-share NSE Nifty advanced…
Read More “Sensex climbs 450 points on positive Asian peers” »
A man packs sugar for sale. File. | Photo Credit: Reuters India has banned the export of sugar till September 30 this year with immediate effect, a move which would help enhance domestic availability and contain prices. Earlier the exports were under a restricted category, under which a license was required for the outbound shipments….