NEW YORK, – U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer said on Sunday they reached a deal with China to cut the U.S. trade deficit, describing “substantial progress” in high-stakes talks with Chinese officials but offering no details as two days of negotiations concluded in Geneva. ERIC KUBY, CHIEF INVESTMENT OFFICER, NORTH…
Meta Platforms Inc.’s Chief Executive Officer (CEO), Mark Zuckerberg, is allegedly planning to add crypto support for the company’s three billion users, reported the news portal Forbes, citing some industry leaks on Sunday, May 11, 2025. This development of the leak and Zuckerberg‘s alleged plan will likely pump up the cryptocurrency market, as a big…
Wall Street investors in the week ahead will have a plenty of economic data to analyse such as consumer price inflation, retail sales, and Producer Price Index. Besides economic data, the spotlight will also be on the outcome of trade talks between the United States and China, a speech by Federal Reserve chair Jerome Powell…
The Indian stock market has delivered an impressive performance over the past month. Between April 7th and May 6th, the broader market posted a robust 9% gain on a closing basis, with an intraday swing from low to high reaching as much as 14%. This sharp rally was catalysed by a global market surge following…
Dividend Stocks: Shares of major companies, including State Bank of India (SBI), BEML, Great Eastern Shipping, Godrej Consumer Products, and Foseco India are among others that will trade ex-dividend in the week starting Monday, May 12, 2025. According to BSE data, many companies also announced other corporate actions, including a stock split. Also Read |…
New Delhi: India plans to increase the production of combat medicines, including drugs to treat burns, blood replenishers for treatment of trauma injuries such as gunshot wounds, and orthopedic implants. The Department of Pharmaceuticals has been tasked to come up with a list of such medicines and ensure an increase in their production to mitigate…
How can I effectively plan my father’s retirement, considering he is 57 years old and approaching retirement after a dedicated career?My parents own land valued at ₹2.5 crore (which they plan to sell), two properties worth about ₹90 lakh, an LIC policy with an expected maturity value of ₹35 lakh, mutual fund investments amounting to ₹12…
On 6 May, India and the UK took a monumental step in strengthening their economic ties by finalizing a landmark free trade agreement (FTA). It’s not just a trade pact; it represents a commitment to fostering deeper economic collaboration between two of the world’s largest democracies. Alongside the FTA, both nations have agreed to negotiate…
Leading urban centers, or first-tier cities, like Beijing, Shanghai, Shenzhen, and Guangzhou are showing signs of a revival after the downturn of previous years while smaller cities, or those in the lower tier, aren’t. The divergence is born from a mix of government policies, market dynamics, and regional economic conditions. In March 2025, Beijing saw…
Indian stock market: After a phase of consolidation, Indian stock markets saw a significant downturn as rising geopolitical tensions between India and Pakistan heightened market volatility and prompted a move toward safer assets. The Nifty 50 ended the week at 24,008.00, falling by 1.39%, while the BSE Sensex closed at 79,454.47, down 1.30%. “The Nifty…
