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Wall Street ‘s major indexes retreated slightly on Tuesday, as worries over valuations of artificial intelligence stocks lingered in the final days of 2025.Shortly after trading began, the Dow Jones Industrial Average lost 0.2 percent to 48,380.60 while the broad-based S&P 500 Index edged 0.1 percent lower to 6,901.00.The tech-focused Nasdaq Composite Index also pulled…
MUMBAI: The impact of restrictions on H-1B visas by the United States on remittances by overseas Indians would be within $5bn, according to a Barclays research report. The report also said that the rising trend of global capability centers (GCCs), which includes many US-headquartered firms, is here to stay and would strengthen further amid this…
MUMBAI: RBI has issued draft rules to tighten dividend payouts by banks by linking distributions to capital adequacy, asset and profit quality, setting a uniform prudential framework effective from FY27. In the previous financial year, banks paid over Rs 75,000 crore dividend after booking record profits.Under RBI’s draft rules, dividend payments by banks will be…
As the world’s third-largest oil supplier, Russia’s position is significant. (AI image) Taking Russian oil out of the global market would turn the price dynamic ‘upside down’, says S&P Global Commodity Insights co-president Dave Ernsberger. Geopolitical factors are expected to continue influencing oil markets in the coming year, with a complex relationship between policies and…
