The International Monetary Fund hit Pakistan with 11 fresh conditions, linked to its $7-billion bailout programme. The latest directives, revealed in the Fund’s staff-level report for the second review released on Thursday, push the total number of conditions to 64 across the span of 18 months, according to the Express Tribune.The new measures target long-standing…
Lululemon Athletica Inc on Thursday announced a major leadership transition as CEO Calvin McDonald will be stepping down on January 31. This comes as the athletic wear brand struggles with a challenging year for sales. McDonald, who has led the Vancouver-based company since 2018, will continue as a senior adviser until March 31 2026 to…
Rupee slipped to a record low of 90.52 against the US dollar, in early trade on Friday, extending its sharp decline this year amid ongoing challenges in the India-US trade talks.This comes after the currency fell 90.46 against the dollar on Thursday, breaching its previous record of 90.42, which was set on December 4.Experts have…
Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, the top stock picks for December 12, 2025 are Eternal, and Divi’s Laboratories. Here’s its view on Nifty and Bank Nifty:Index View: NiftyBenchmark indices traded in a range with corrective bias and is currently placed around 25,900 levels as domestic markets…
White House press secretary Karoline Leavitt Americans, you can rejoice as your wallet just got good news, even before the world gets its hands on GTA 6. On Thursday, White House Press Secretary Karoline Leavitt said that Americans can expect an extra amount in their bank accounts in the months ahead, all because of Donald…
NEW YORK: After three consecutive interest rate cuts, investors now confront an uncertain US monetary policy outlook for the year ahead, clouded by persistent inflation, data gaps, and an impending leadership change at Federal Reserve.The US Federal Reserve cut interest rates by a quarter-percentage point on Wednesday in an uncommonly divided vote, but signaled it…
MUMBAI: Relentless rally in silver continued in global markets on Thursday that in turn, combined with the rupee’s recent weakness, pushed up domestic prices on the MCX to an all-time high level of over Rs 1.9 lakh/kg. In the international market, in mid-day trades, silver prices touched a new life-peak at $63.25/ounce. In the spot…
Mexico’s Senate approved a bill imposing 5-50% tariffs on over 1,400 Asian products, including India’s, starting next year. This move, targeting China’s massive output, could significantly impact India’s automotive and auto parts exports, valued at $1.1 billion. The tariffs aim to boost Mexican revenue and potentially ease US trade pressure. Mexico’s Senate Wednesday voted in…
NEW DELHI: As it completes three decades of operations in India, Korean electronics giant Samsung has said that the company will shift gears and deepen its manufacturing, design, and innovation initiatives in the country.“The next decade will see more products built in India, designed in India, and innovated for the world,” the company said as…
US applications for unemployment benefits rose sharply last week, although filings remain within the historically low range seen in recent years despite growing concerns over labour-market momentum.The Labor Department said on Thursday that jobless claims for the week ending December 6 increased by 44,000 to 236,000, up from 192,000 in the previous week and exceeding…
