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Stock markets climb in early trade as steady US inflation data fuel global rally

Mumbai, Aug 13 (PTI) Equity benchmark indices Sensex and Nifty climbed in early trade on Wednesday as steady US inflation data propelled a sharp rally in global markets. Besides, retail inflation slowing to an 8-year low of 1.55 per cent in July also led to the positive trend in domestic equities. The 30-share BSE Sensex climbed 327.79 points to 80,563.38 in early trade. The 50-share NSE Nifty edged up by 112.15 points to 24,599.55. From the Sensex firms, Bharat Electronics, Tata Motors, Power Grid, Tata Steel, Eternal and Infosys were among the gainers. However, Maruti, Tech Mahindra, HCL Tech and

US Treasury’s Bessent says India has been ‘recalcitrant’ in trade talks

WASHINGTON, Aug 12 (Reuters) – U.S. Treasury Secretary Scott Bessent on Tuesday said several large trade agreements were still waiting to be completed, including with Switzerland and India, but the South Asian country had been “a bit recalcitrant” in talks with the United States. Bessent told Fox Business Network’s “Kudlow” he hoped the Trump administration could wrap up its trade negotiations by the end of October. “That’s aspirational, but I think we are in a good position,” he said, adding ” I think we can be, we will have agreed on substantial terms with all the substantial countries.” (This story

Why ‘super agers’ maintain ‘outstanding memory’ into their 80s: After 25 years of research scientists reveal

After 25 years of research, scientists at Northwestern University, USA, have discovered why some adults can live well into their 80s and beyond with near-perfect cognition. These ‘super-agers’, as the researchers call them, are aged 80 or older, but their memory is as good as that of adults in their 50s and 60s. Since 2000, scientists have studied 290 of these super-agers, and autopsied 77 of their brains, to understand what makes them so resistant to cognitive decline. The scientists discovered personality traits that are more common in super agers, compared to the general population. These individuals tend to be

Gold plunges Rs 1,000 amid sell-off in global markets

New Delhi, Aug 12 (PTI) Gold prices plunged Rs 1,000 to Rs 1,01,520 per 10 grams in the national capital on Tuesday in line with a sell-off in global markets, according to the All India Sarafa Association. On Monday, the precious metal of 99.9 per cent purity had settled at Rs 1,02,520 per 10 grams. In the local markets, gold of 99.5 per cent purity dipped Rs 1,000 to Rs 1,01,100 per 10 grams (inclusive of all taxes) on Tuesday. “Gold prices dipped after US President Donald Trump clarified on social media that there would be no tariffs on gold

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