‘The outcome of the state polls may lead to some strategy-related permutations and combinations and the markets may extrapolate it to the likely outcome in the general elections.’ The assembly elections across five states — Chhattisgarh, Madhya Pradesh, Rajasthan, Telangana and Mizoram — that begin on November 7 and are […]
European stocks were flat to slightly lower on Tuesday as China reported mixed trade data and investors looked ahead to Fed Chair Jerome Powell’s speech due on Wednesday and Thursday for additional clarity on the U.S. rate outlook. Meanwhile, data showed German industrial output registered a monthly fall of 1.4 […]
The government’s target of hitting $52 billion to $58 billion in mobile phone exports in FY26 has been faltering; an Indian corporate group with financial muscle will help. A year of hectic parleys went by before it could be announced, on October 27, that a Tata Group company would acquire […]
41 U.S. ports will be improved under the Port Infrastructure Development Program (PIDP) to strengthen the nation’s supply chains. The U.S. Department of Transportation’s Maritime Administration (MARAD) announced $653 million funding to help grow capacity and increase efficiency at coastal seaports, Great Lakes ports, and inland river ports. A significant […]
After moving notably higher to start the week, stocks have shown another strong move to the upside in morning trading on Thursday. The major averages have all climbed firmly into positive territory, bouncing further off last week’s multi-month lows. Currently, the major averages are off their highs of the session […]
Asian stocks posted strong gains on Thursday, while the dollar weakened and bond yields eased after comments from Fed Chair Jerome Powell suggested that the U.S. central bank is hitting pause again on its rate-hiking campaign. After leaving interest rates unchanged at a two-decade high for the second straight policy […]
Asian stocks rose sharply on Thursday as a hawkish interest-rate hold by the Federal Reserve fueled hopes that the U.S. central bank is done with rate hikes. The Fed acknowledged the U.S. economy‘s surprising strength, but also nodded to the tighter financial conditions faced by businesses and households – alleviating […]
The following are some of the stocks making big moves in Wednesday’s pre-market trading (as of 06.20 A.M. ET). In the Green GAN Limited (GAN) is up over 96% at $1.75.Lumos Pharma, Inc. (LUMO) is up over 58% at $5.77.Upwork Inc. (UPWK) is up over 21% at $14.55.American Public Education, […]
‘We are focused on playing on our strengths, which are technology, and building a large profitable business by working with banks as well as non-banks and NBFCs for loans.’ MobiKwik co-founder and chief executive officer Bipin Preet Singh says the Reserve Bank of India’s recent approval of a merger proposal […]
The unexpected contraction in the euro area economy during the third quarter as well as inflation slowing to a more than two-year low in November reflects the impact of the aggressive monetary policy tightening stance adopted by the European Central Bank so far but the stage is still not set […]
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