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US vs Iran over Strait of Hormuz: Who controls the world's vital waterway nearly half a year into war?

New Delhi, Aug. 13 -- With traffic through the strategically vital Strait of Hormuz still largely stalled, global oil stockpiles are rapidly dwindling nearly six months into the US-Iran war. The two ... Read More


Gold hallmarking to get 'sold' tag to protect buyers

New Delhi, Aug. 13 -- The government is planning a system to stop the sale of stolen gold jewellery, using a unique six-digit code assigned to each piece, two people directly involved in the process s... Read More


Two US soldiers killed after Apache military helicopter attached to Fort Hood base crashes in Texas

New Delhi, Aug. 13 -- Two US Army soldiers died when an Apache military helicopter attached to the service's Fort Hood base crashed into a field in Texas on Wednesday. "An AH-64E Apache attack helico... Read More


'Shoulder-fired missile' threat: Why Trump was made to secretly switch planes after Nato summit in Turkey

New Delhi, Aug. 13 -- US President Donald Trump confirmed he secretly switched planes when leaving the NATO summit in Turkey last month. "It's only up to the Secret Service. I just follow what they'd... Read More


Raja Venkatraman recommends three stocks for 13 August

New Delhi, Aug. 13 -- Key support levels were put to the test on Wednesday as bullish enthusiasm hit a wall of hesitation, failing to break out and extend gains. Even so, the market's underlying resil... Read More


Stock recommendations for 13 August from MarketSmith India

Stock market update, Aug. 13 -- Indian equities closed lower for a third consecutive session on Wednesday, weighed down by a sudden leadership shake-up at the Tata group and persistently elevated crud... Read More


Govt views Chandra's exit as internal Tata Sons issue, sees no reason to step in

New Delhi, Aug. 13 -- The Centre is unlikely to intervene in the leadership turmoil at Tata Sons following the resignation of its chairman, viewing the matter as an internal issue of the conglomerate ... Read More


Chinese carmakers' global ambitions may spell business for Indian suppliers

Mumbai, Aug. 13 -- India's largest auto parts maker, Samvardhana Motherson International Ltd (SAMIL), sees a fresh growth opportunity in the expansion of Chinese automakers beyond mainland China, afte... Read More


Buyout funds look beyond India IPOs as vintage assets mature

New Delhi, Aug. 13 -- Private equity firms in India with mature, older-vintage assets are broadening their search for exit routes beyond the stock market, as a soft initial public offering (IPO) run p... Read More


Big brands go small as micro-markets offer more bang for the buck

New Delhi, Aug. 13 -- British cookie brand Ben's Cookies could have chosen Khan Market, Delhi's best-known and busiest retail destination, for its first city store. Instead, it opened in June at Meher... Read More