European nations are reeling from US President Donald Trump's tariff threat. Eight countries face a 10 percent tariff for opposing American control of Greenland. Leaders warn of a dangerous downward spiral for transatlantic relations. China and Russia stand to benefit from these divisions. European Union envoys are holding emergency talks to determine a response.
Abandoned oil and gas wells pose environmental and public health risks. For three decades, the state has mismanaged funds earmarked for minimizing the threat.
Indian equities closed higher as a strong earnings surprise from Infosys boosted risk appetite and lifted IT stocks, helping Sensex and Nifty hit intraday highs. However, profit booking capped gains by the close. Analysts flagged mixed global cues, sector-specific strength and cautious technical signals.
The strong investor response to the initial public offering of Bharat Coking Coal Ltd has boosted confidence within CIL and provided positive momentum as the company evaluates the listing of its other subsidiaries, Chairman-cum-Managing Director B Sairam said.
The combined market valuation of three of the top-10 most valued firms jumped Rs 75,855.43 crore in a holiday-shortened last week, with State Bank of India and Infosys emerging as the biggest gainers, in an otherwise sluggish trend in equities.
Fresh tariff threats by U.S. President Donald Trump linked to Greenland have unsettled global markets, reviving demand for safe-haven assets like gold and silver. While near-term volatility risks loom for equities, analysts see potential longer-term opportunities for India through accelerated trade negotiations and shifting global supply dynamics
UCO Bank's net profit surged 16% to Rs 739 crore in the third quarter, driven by a 11% rise in net interest income. The bank also saw its non-performing assets ratio decline to 2.4% and gross advances grow 17%, supported by strong retail, agriculture, and MSME loan expansion.
Market participants have urged the government to ease capital market taxation, including a higher exemption limit on long-term capital gains, ahead of the Union Budget for 2026-27.
