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NEW DELHI : President Donald Trump’s announcement of a deal

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Apple CEO Tim Cook attends the world premiere of “F1” at Times Square in New York on June 16, 2025. Angela Weiss | AFP | Getty Images Apple reports fiscal

NEW DELHI : President Donald Trump’s announcement of a deal to develop Pakistan’s “massive oil reserves” sounds more like a strategic manoeuvre on the South Asian chessboard to counter Islamabad’s

Exporters across sectors are worried after US President Donald Trump declared a 25 per cent tariff on Indian goods from August 1, along with an unspecified penalty linked to India’s

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India’s sugar production is expected to rise 18% to 34.90 million tonnes in the 2025-26 season starting October, with the industry projecting scope for exports of 2 million tonnes, according

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NEW DELHI : President Donald Trump’s announcement of a deal to develop Pakistan’s “massive oil reserves” sounds more like a strategic manoeuvre on the South Asian chessboard to counter Islamabad’s

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In a major step towards expanding satellite broadband access, Elon Musk’s Starlink has been granted a Unified Licence to provide satellite internet services in India, Union Telecom Minister Jyotiraditya Scindia

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File photo: US President Donald Trump and Mexican President Claudia Sheinbaum (Picture credit: AP) US President Donald Trump on Thursday announced a 90-day extension for trade negotiations with Mexico, allowing

Oil prices up 3%; gold soars 4%, biggest 1-day jump in 5 years

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Oil prices up 3%; gold soars 4%, biggest 1-day jump in 5 years

Oil prices climbed on Wednesday, bouncing back from four-year lows earlier in the session, after US President Donald Trump announced he would further increase tariffs on China but pause the tariff increases he announced last week for most other countries. Brent futures were up $1.8, or 3%, to $64.6 a barre – the contracts lost about 7% earlier in the session before the reversal.
Meanwhile, gold extended gains for the biggest intraday jump in five years as global markets gyrated and bonds sold off after Trump’s announcement and China and Europe hit back with levies of their own. Spot gold rose as much as 3.8% to as high as $3,095 an ounce on Wednesday, the biggest intraday increase since March 2020. “Gold is currently the ultimate safe haven,” said an analyst.Agencies





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