US stocks drifted on Friday as falling oil prices supported sentiment, while investors turned their attention to the highly anticipated stock market debut of SpaceX, a closely watched test of appetite for artificial intelligence-related investments, according to AP.The S&P 500 rose 0.1%, while the Dow Jones Industrial Average gained 270 points, or 0.5%, as of…
India’s foreign exchange reserves declined by $711 million to $681.610 billion in the week ended June 5, dragged down by a sharp fall in foreign currency assets, according to data released by the Reserve Bank of India (RBI) on Friday, PTI reported.The decline follows an increase of $938 million in the previous reporting week, when…
Pakistan is looking to expand exports of donkey meat and other donkey-derived products to China, where demand is being driven by the perceived “nutritional and medicinal properties” of such products, according to the Pakistan Economic Survey 2025-26 as reported news agency PTI.The survey, released on Thursday by finance minister Muhammad Aurangzeb, identified donkey meat exports…
Retail inflation, measured by the Consumer Price Index (CPI), rose to 3.93% in May 2026 from 3.48% in April, according to data released by the government on Friday.Food inflation also increased during the month, with the Consumer Food Price Index (CFPI)-based inflation rate rising to 4.78% from 4.20% in April, the government data showed.The CPI…
Stock market rally today (AI image) Stock market today: Nifty50 and BSE Sensex rallied strongly in trade on Friday on hopes that the US and Iran will be able strike a peace deal. The Sensex soared more than 1,500 points, while the Nifty50 reclaimed the 23,500 mark. The sharp rally boosted the cumulative market capitalisation…
The US, country that once refused to export its fuel, has now climbed to the top spot in the global oil export rankings, overtaking crude heavyweights such as Saudi Arabia and Russia. As the world continues to feel the ripples of the ongoing Middle East crisis, US exports of crude and fuel reached around 10.5…
“Indian equity markets are expected to open on a strong positive note, with Gift Nifty trading around 23,456, up by 255 points, indicating robust opening cues for domestic indices. Global sentiment remains supportive amid easing concerns over major geopolitical developments and improving risk appetite across international markets. Positive global cues, coupled with stability in key…
Gold and silver prices continued their upward momentum on Friday, posting gains for a second consecutive session on the Multi Commodity Exchange (MCX). The rally came after crude oil prices dropped to their lowest level in two months amid growing optimism over progress towards a potential peace agreement between the US and Iran. In domestic…
Rupee began Friday on a strong note, rising 65 paise to 95.20 against the US dollar in early trade, supported by falling global crude oil prices and indications from US President Donald Trump that a deal with Iran could be reached soon.According to forex traders, the currency also drew support from a weaker US dollar…
SpaceX is set for a rare and historic Wall Street debut, raising $75 billion in what could become the largest IPO ever. The listing is expected to value Elon Musk‘s rocket and satellite company at nearly $1.8 trillion.The listing marks a new chapter for the company that began more than two decades ago with ambitions…
