The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to extend rally and open higher on Friday amid mixed global market cues. The trends on Gift Nifty also signal a positive opening for the Indian stock market today. On Thursday, the domestic equity market witnessed a sharp rally, with the benchmark Nifty…
Indian stock market: The domestic equity market benchmark indices, Sensex and Nifty 50, are expected to open higher on Friday, following mixed global market cues. Asian markets traded mixed, while the US market ended mostly higher overnight, after the retail sales and inflation data. On Thursday, the Indian stock market ended with stellar gains led…
Dollar eases but on track for slight weekly gain South Korean won still choppy after sharp rises this week Japan’s economy shrinks as U.S. tariff hit looms SINGORE, – The dollar fell in tandem with U.S. Treasury yields on Friday after downside surprises on U.S. economic data this week cemented bets of more Federal Reserve…
New Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT) has approved 187 startups for income tax exemption under the revamped Section 80-IAC of the Income Tax Act. The move aims to provide crucial fiscal relief to emerging businesses, encouraging innovation and supporting job creation across the country. Also Read | Republican Tax…
The government has withdrawn the security clearance of Turkish firm Ăelebi’s Indian airport services arm, citing national security risks and halting its operations at nine airports, including Delhi and Mumbai. In a statement on Thursday, the government said that the Bureau of Civil Aviation Security (BCAS) has revoked with immediate effect security clearance of Ăelebi…
Shares of UnitedHealth Group plunged to a five-year low on Thursday on the New York Stock Exchange after reports of a probe against the company. The shares of UnitedHealth Group plunged over 19 per cent to hit the low of $248.88 per share. Here is why UnitedHealth Group stock is falling today. Why are UnitedHealth…
US stocks declined on Thursday following mixed economic data as UnitedHealth Group dove on a report of a US criminal inquiry against it. Data showed US retail sales were near-flat in April, while wholesale inflation PCE unexpectedly dropped last month. At 09:42 a.m., the Dow Jones Industrial Average fell 128.62 points, or 0.31%, to 41,922.44,…
Indiaâs benchmark Nifty 50 index surged past the key 25,000 mark on Thursday, notching its highest close in seven months amid signs of easing geopolitical tensions. The rally coincided with the weekly derivatives expiry, pushing volume turnover on the National Stock Exchange to âš1.28 trillionâthe highest since 27 Marchâs âš1.5 trillion mark. Besides, potential short…
Burton Malkielâs, âA Random Walk Down Wall Streetâ remains an enduring and must read book for both seasoned investors and new investors. First published in 1973, the book provides timeless insights and words of wisdom that still remain highly significant in todayâs dynamic global markets. Here are seven lessons from this book every smart investor…
Amid global economic uncertainty, there are emerging bright spots. Inflation has eased significantly in both the US and India, fueling hopes of interest rate cuts by the US Federal Reserve and the Reserve Bank of India, which could boost demand, improve liquidity, and support broader economic growth. Indiaâs retail inflation eased in April to its…
