Saturday, August 15
The Indian stock market will remain closed for trading on January 15 following municipal corporation elections in Maharashtra. Both the BSE and NSE have issued revised circulars confirming that there will be no trading across segments tomorrow. In a circular, the BSE said trading in the equity segment, equity derivatives, commodity derivatives and electronic gold receipts will stay shut on January 15. It also clarified that equity derivatives contracts originally scheduled to expire on January 15, 2026 will now expire a day earlier on January 14, 2026, and that these changes will be reflected in the end-of-day contract master files. The NSE, too, has updated its earlier communication to declare January 15 a trading holiday in the capital market as well as the F&O segment.This marks a c
Shares of Hindustan Zinc jumped 2% to an intraday high of Rs 642 on the BSE on Wednesday, January 14, after silver prices soared 3% to fresh record high of $89.60 per troy ounce. With today’s move, the white metal is up 26% in 2026, continuing its splendid run from 2025.In the domestic market, silver hit its new peak at Rs 2,83,598/kg.Hindustan Zinc ranks among the world’s top five silver producers, with an annual capacity of around 800 tonnes. Silver is a key earnings driver for the company, contributing about 38% to its EBIT.Safe-haven demand has strengthened in recent sessions amid escalating tensions between the US and Iran, along with reports that Federal Reserve Chair Jerome Powell was threatened with criminal indictment by the Trump administration over his Congressional testimon
The Ministry of Electronics and IT has not mandated the sharing of source code, a part of software that controls the functioning of technology devices, IT hardware manufacturers' body MAIT said on Wednesday.It was recently reported that a draft document of the Manufacturers' Association for Information Technology (MAIT) has expressed views against the need for source code sharing by companies with testing labs as per the Indian Telecom Security Assurance Requirements (ITSAR)."MAIT wishes to categorically state that the Office Memorandum issued on June 18, 2025, by the Government of India overrules any prior interpretations suggesting mandatory sharing of source code. We hereby reiterate that MeitY has not mandated source code," the industry body said.MAIT members include Apple, Samsung, On
The U.S. current account deficit narrowed sharply in the third quarter as tariffs weighed on imports and primary income surged.The Commerce Department's Bureau of Economic Analysis said on Wednesday the current account deficit, which measures the flow of goods, services and investments into and out of the country, contracted by $22.8 billion, or 9.2%, to $226.4 billion, the lowest level since the third quarter of 2023.Economists polled by Reuters had forecast the current account deficit shrinking to $238.4 billion. The report was delayed by the 43-day shutdown of the government.The deficit represented 2.9% of gross domestic product, the smallest since the first quarter of 2020 and down from 3.3% in the second quarter. It peaked at 6.3% in the third quarter
A nurses' strike in New York City entered its second day Tuesday with some of the city's major hospitals targeted by the walkout, including NewYork-Presbyterian/Columbia, Montefiore Medical Center and the main campus of Mount Sinai Hospital, along with two other major hospitals within the Mount Sinai system. With nearly 15,000 workers involved, it is the largest job action by nurses in the city in decades.But Mount Sinai is claiming cracks are already appearing in the nurses' resolve. And union officials, for their part, claimed that one hospital illegally fired three nurses in the hours before the strike as an act of intimidation.Here's what to know about the Nurses' strike in NYC: What are the latest developments? On Monday night, Mount Sinai Hospital issued a statement that suggested fi
