Business

With most major retailers across the US either closing early on Christmas Eve or remaining shut for the entire Christmas Day, shoppers planning last-minute errands are being advised to check store timings carefully before stepping out.According to an AP report, operating hours can vary widely by location, with some chains opting for limited or modified…

India and New Zealand have concluded negotiations on a free-trade agreement, but its immediate impact on merchandise trade is likely to be limited given bilateral flows of just $2.1 billion in FY2025, according to a Global Trade Research Initiative (GTRI) analysis.The agreement, finalised on December 22 following a phone call between Prime Minister Narendra Modi…

As Indian equities head into the final trading sessions of the year, the familiar question around the Santa Claus rally has resurfaced, with historical data and recent market signals pointing towards smaller stocks once again stealing the spotlight.Data from SAMCO Securities shows that smallcap stocks have delivered the strongest performance during the Santa Claus period…

US stock markets opened the holiday-shortened week on a positive note on Monday, with major indices posting modest gains amid light trading volumes and heightened moves in commodities.The S&P 500 rose 0.4% in early trade, hovering just below the all-time high it set earlier this month. The Dow Jones Industrial Average was up 170 points,…

Shares of several railway-linked companies surged in afternoon trade on December 22, as stock-specific triggers and rising pre-Budget expectations sparked fresh buying interest across the sector.Jupiter Wagons, IRCTC, RailTel and RVNL were among the top gainers, with some stocks rising as much as 15%, according to an ET report. The rally comes just over a…

India’s key macroeconomic indicators are set for a base-year reset early next year, with the government announcing timelines for releasing new series of retail inflation, national accounts and industrial production data, PTI reported.The Ministry of Statistics and Programme Implementation (MoSPI) said on Monday that a new series of Consumer Price Index (CPI) data, reflecting a…

Eight core infrastructure industries recorded a modest expansion in November 2025, with overall output rising 1.8% year-on-year, supported by strong growth in cement, steel, fertilisers and coal, official data released by the Ministry of Commerce & Industry showed.The combined Index of Eight Core Industries (ICI), which accounts for 40.27% of the Index of Industrial Production…

Understanding the tax treatment of financial products is critical for investors looking to optimise post-tax returns, and mutual funds are no exception. While there is no tax liability at the time of investing in or holding mutual fund units, tax comes into play when an investor sells, switches between schemes or redeems units. The tax…

Gold prices surged to record highs on Monday, driven by a weaker US dollar and anticipation of US Federal Reserve interest rate cuts. Both domestic and international markets saw significant gains, with MCX gold futures hitting Rs 1,35,824 per 10 grams and Comex gold reaching USD 4,429.3 per ounce. Source link

Crypto alone does not qualify for a UAE Golden Visa, but legally registered property worth AED 2 million may, even if funded using crypto/ AI illustrative Image In July 2025, the UAE government issued a blunt clarification that cut through months of online speculation: cryptocurrency investors do not qualify for the UAE Golden Visa. Holding…