Stock Market Live Updates Today: BSE Sensex, Nifty50 may see positive start to day as US-Iran sign MoU; crude oil prices drop further

Sensex Today Live: ‘Markets likely to maintain positive momentum’ “Indian equities are expected to continue their gradual upmove. The sharp decline in crude oil prices has improved sentiment, reducing concerns around inflation and external sector pressures. Domestic equities traded positively during yesterday’s session, although the Sensex and Nifty pared early gains amid profit booking at…

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Canada’s CPP to invest Rs 7k cr in Hyderabad-based CtrlS

HYDERABAD: Canada Pension Plan Investment Board (CPP Investments) has committed an investment of up to ₹7,000 crore (C$1 billion) in Hyderabad-based CtrlS Datacenters Ltd as demand for cloud, hyperscale and artificial intelligence-ready datacentre capacity accelerates in India’s digital infrastructure sector.As part of this, CPP Investments already picked up an 8.2% stake in CtrlS for 4,000…

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India-UK FTA clears steel hurdle; 85% of Indian exports shielded from British curbs

India has secured protection for a majority of its steel exports to the UK under the India-UK free trade agreement, with 85% of outbound shipments remaining outside Britain’s upcoming steel safeguard measures, according to an official statement issued on Wednesday, PTI reported.The announcement comes as India and the UK prepare to operationalise their Comprehensive Economic…

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US Federal Reserve policy meet: Kevin Warsh-led FOMC keeps interest rates unchanged; projects hike by year-end, raises inflation forecast

Kevin Warsh (AP file photo) US Federal Reserve chairman Kevin Warsh-led FOMC on Wednesday kept the key interest rate unchanged in the 3.5% to 3.75% range. This is Kevin Warsh’s first policy review after taking over from Jerome Powell as US Federal Reserve chair.“The Committee decided to maintain the target range for the federal funds…

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Critical Minerals: ‘Harmonised, interoperable mechanisms’: G7 takes on China’s critical minerals dominance, sets 2030 target to cut dependence

G7 leaders on Wednesday agreed to strengthen cooperation to reduce their dependence on China for critical minerals, unveiling plans to coordinate stockpiling, boost recycling and create a new platform with an expanded role for the International Energy Agency (IEA).The move comes as Western nations seek to secure supplies of minerals crucial for defence, artificial intelligence,…

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PNGRB asks oil, gas firms to strengthen compensation for accident victims

New Delhi: Petroleum and Natural Gas Regulatory Board (PNGRB) has urged oil and gas companies to review and strengthen their compensation policies beyond statutory requirements to ensure adequate support for families of workers killed or permanently disabled in accidents.While several companies have already enhanced their voluntary compensation packages following its interventions and continued follow-up, the…

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