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US stock market: Wall Street at record high after Trump says ‘Hormuz is open’; Dow jumps over 800 points, Nasdaq up 1.5%

Wall Street benchmarks closed at record highs on Friday, as easing geopolitical tensions in West Asia fuelled a broad risk rally across global markets, sending equities higher and oil lower.The S&P 500 and Nasdaq Composite notched their third straight record closes, while the Dow Jones Industrial Average posted its strongest finish since late February. Gains...
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Smartphone sales see weakest quarter in 6 years

NEW DELHI: India’s smartphones market has opened 2026 on a weak note, recording its slowest start in six years as shipments slipped 3% year-on-year in the March quarter, according to Counterpoint Research. The decline may appear modest, but the underlying pressures suggest a more persistent demand slowdown.As per the report, smartphones are getting pricier, and...
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Amid disputes, Singh skips Tata trust meeting

MUMBAI: Vijay Singh, a former Indian defence secretary whose eligibility as a trustee has come under legal challenge, absented himself from the board meeting of the Bai Hirabai Jamsetji Tata Navsari Charitable Institution on Friday, the latest sign of an intensifying governance dispute within India’s most powerful philanthropic network.The challenge was brought by Mehli Mistry,...
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To cut LPG transport via road, government plans new pipelines

New Delhi: Aiming to eliminate bulk transportation of liquefied petroleum gas (LPG) through roads by 2030, the Petroleum and Natural Gas Regulatory Board (PNGRB) has initiated the bidding process for new pipeline infrastructure connecting refineries, import terminals and bottling plants. The regulator Friday said that the proposed pipelines are designed to connect key supply sources,...
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