Business

China overtakes US as Germany’s top trade partner as Merz seeks fair reset in Beijing

Bilateral trade with China hits €251 billion in 2025 even as Germany flags a widening €90 billion deficit

Washington Post losses top $100 million in 2025; 30% staff cuts follow years of overspending: Report

Mounting losses at The Washington Post deepen financial strain as management moves to reset strategy. The Post lost roughly $100 million in 2024 and $77 million in 2023

DeepSeek sidelines Nvidia, AMD in latest AI model rollout, Huawei gets early access: Report

Breaking from industry practice ahead of a major release, DeepSeek did not share pre-release versions of its next model, V4, with Nvidia and Advanced Micro Devices (AMD) for performance optimisation. Instead, it granted early access to domestic suppliers

Nvidia beats estimates, but cash return question caps market reaction

For the January quarter, Nvidia reported revenue of $68.13 billion, up 94 per cent year-on-year and ahead of analysts’ estimates of $66.21 billion

Sensex rises 215 pts to 82,490; Nifty tops 25,538 as IT heavyweights power early gains

The 30-share BSE Sensex was trading at 82,490.75 at 9:17, up 214.68 points or 0.26 per cent from its previous close of 82,276.07. The broader Nifty 50 advanced 55.75 points, or 0.22 per cent, to 25,538.25

‘I quit after watching news on TV': Bangladesh Bank governor resigns days after Tarique Rahman took office

Sudden exit of Ahsan H. Mansur follows political transition as Tarique Rahman-led administration assumes office

Stock market today: Sensex ends flat after volatile session, Nifty holds 25,480

The Sensex ended up 57.69 points, or 0.07 per cent, at 82,283.61, after swinging between an intraday high of 82,957.91 and a low of 82,132.63. The Nifty 50 settled 57.85 points, or 0.23 per cent, higher at 25,482.50.

How a Rs 590-crore fraud unfolded at IDFC FIRST Bank

IDFC FIRST Bank is in trouble after a Rs 590-crore scam was discovered at its Chandigarh branch in Haryana. Investigations reveal that bank officials and external parties perpetrated the fraud through deceitful cheque-debit transactions. Now, four people have been arrested — the bank’s former manager and three others

Germany’s Merz leads corporate heavyweights to China, pushes for trade reset

Merz signals ‘de-risking, not decoupling’ as Germany seeks balanced economic partnership with China

IDFC First Bank Fraud Case: Lender refunds '100%' to govt departments as probe continues

IDFC First Bank has repaid Rs 583 crore to Haryana government departments in a Rs 590-crore fraud case at its Chandigarh branch as a criminal probe continues

Asian currencies scale 16-month peak as weak dollar, firm yuan lift region

Broad-based rally lifts regional FX to strongest level since October 2024 as investors reassess US fiscal risks and pivot to Asia

Australia core inflation hits 16-month high, May rate hike odds jump to 80%

Sticky domestic price pressures push trimmed mean to 3.4%, keeping inflation above the Reserve Bank of Australia’s target band and sharpening expectations of further policy tightening

US consumer confidence ticks up in February after cratering the first month of 2026

The American consumer’s confidence in the US economy improved slightly in February after cratering a month earlier

Sensex jumps 446 pts in early trade; Nifty tops 25,550 as IT stocks power rally

The 30-share BSE Sensex rose 445.75 points, or 0.54 per cent, to 82,671.67 at 9:17 am, after opening at 82,530.12 against a previous close of 82,225.92. The broader Nifty 50 advanced 129.70 points, or 0.51 per cent, to 25,554.35