Stocks tumbled in morning trading on Wall Street Tuesday as a trade war between the U.S. and its key trading partners escalated, wiping out all the gains for the S&P 500 since Election Day. The tariffs between the U.S., China, Canada, and Mexico has helped to extend a recent slump for U.S. stocks that was
The alliance between US President Donald Trump and the tech world is showing signs of strain, and it’s largely due to cryptocurrency. Donald Trump relied on cryptocurrency executives and investors for a significant portion of his 2024 campaign funds. In return, he promised to reward them by reducing regulations and making the U.S. “the crypto
The Indian stock market has witnessed increased volatility in recent months, driven by global macroeconomic uncertainties, rising interest rates and geopolitical tensions. Amid this broader correction, the defence sector—once a market darling—has also seen a pullback. Despite strong order books and long-term growth potential, several defence stocks have come under pressure due to concerns over
The domestic key equity indices ended the day on a slightly lower note, paring its early hours’ losses. The NSE Nifty 50 settled the session 37 points or 0.17% lower at 22,082.65, while the BSE Sensex declined 96 points or 0.13% to finish at 72,990. The auto stocks remained the key losers during the session.
Indian travel-tech giant OYO is in a race against time. The company, once a rising star in the startup world, is now pushing hard to go public before October 2024, as per the Bloomberg report. The reason? A $383 million debt repayment deadline that founder Ritesh Agarwal must meet- unless the company lists on the
Gold has long been a cornerstone of investment and cultural significance in India. From weddings and religious rituals to financial security, the value of gold runs deep in the country’s history. As an investment asset, it has consistently been perceived as a hedge against inflation, a safe haven in times of economic instability, and a
The brokerage firm, Jefferies, is betting big on 3 pharmaceutical stocks. Lupin, Zydus Lifesciences, Biocon, on the back of changing market share dynamics in the US generic medicines and increased the sales of generic Revlimid against the previous quarter. The brokerage firm said that in the US generic market, Revlimid is picking up steam and
Go to Live UpdatesITC Share Price Today Live Updates, 04 Mar, 2025: The ITC share is in news and the counter closed trade on 03 Mar, 2025 at Rs 397.55. The shares touched intraday high of Rs 399.0 in the last trading session while the intraday low was at Rs 391.5. The company’s market capitalization
Corporate India is gearing up for a challenging trade environment in the wake of the 27% reciprocal tariffs imposed by the US on Thursday. While the Trump administration has described the move as its moment of liberation, India Inc leaders feel there are some pain as well as some gain. From India’s perspective, key sectors
Dusit International, a leading Thai hotel and property development company, on Thursday announced plans to expand its presence in India by launching its luxury and upper-midscale brands in key emerging markets. The strategic expansion plan builds on the momentum of Dusit’s recent foray into the Indian market with the soft-opening of the contemporary and upscale
The quarterly updates of fast-moving consumer goods (FMCG) companies, which has been released so far for the January-March 2025 period (Q4FY25), present a mixed picture of the sector at a time when urban demand has remained weak. Rural demand, in contrast, has been resilient and is expected to improve in the coming months. While Marico
The stock markets did not significantly react to US President Donald Trump’s imposition of 27% reciprocal tariff on the country’s exports. While both the benchmark indices opened sharply lower, they recouped more than half of their losses. The Sensex closed at 76,295.36, down 322.08 points, or 0.42%, while the Nifty fell by 82.25 points, or
OnEMI Technology, the parent company of digital lending platform Kissht, has grown its assets under management (AUM) by 55% in the financial year 2024-25, to more than Rs 4,200 crore, founder and executive director, Krishnan Vishwanathan, said. In FY24, their AUM had doubled to Rs 2,700 crore. He added that while the overall unsecured loan
