PSU Stocks Plummet: Cochin Shipyard Down 47%, Garden Reach Falls 45%, and IRCON Drops 42% from July Peaks

The Nifty PSE index has dropped 10% from its highest point on August 1. Out of the 20 companies in the index, 10 have fallen […]

FADA September Data: Slow Car Sales Before Festivals, High Inventory

FADA has pointed out that even though the festival season usually helps boost car sales, October is going to be key for dealers and manufacturers […]

Indian Passenger Vehicle Market Faces Slowdown Amid High Inventories

The Indian passenger vehicle (PV) market, which saw robust growth post-pandemic, is now experiencing a slowdown, with sales declining for two consecutive months in July […]

SEBI Study: 93% of Individual Traders in F&O Suffer Losses from FY22 to FY24

According to a recent study by the Securities and Exchange Board of India (SEBI), 93% of individual traders in the equity futures and options (F&O) […]

Indian Olympic Association Loses Rs 24 Crore in Deal with Reliance: CAG Report

In 2022, the Indian Olympic Association (IOA) made a deal with Reliance Industries Ltd (RIL). This deal allowed Reliance to be the main sponsor for […]

India’s Foreign Exchange Reserves Jump by $12.588 Billion to Reach $704.885 Billion, Marking First Time Over $700 Billion

India’s foreign exchange reserves have jumped by $12.588 billion, reaching a new record of $704.885 billion for the week ending September 27, according to the […]

U.S. Banks Face $512.9 Billion in Unrealized Losses in Q2 2024 Amid Rising Challenges

In the second quarter of 2024, U.S. banks reported $512.9 billion in unrealized losses on investment securities, marking the 11th consecutive quarter of such losses, […]

EU Approves New Tariffs on Chinese Electric Cars

The European Union (EU) has taken a significant step by approving new tariffs on electric vehicles (EVs) imported from China. This decision, made on Friday, […]

Southwest Airlines Shares Surge as Rakesh Gangwal Invests $107 Million

Southwest Airlines Co. shares have been rising after Rakesh Gangwal, a Indian billionaire co-founder of InterGlobe Aviation Ltd. and a member of Southwest’s board, purchased […]

Amazon to Hire 250,000 Workers for 2024 Holiday Season, Matching Last Year’s Effort

Amazon is set to hire 250,000 workers for the 2024 holiday season, focusing on roles in transportation and warehousing, just like it did last year. […]

Impact of SEBI New Regulations on India’s Futures and Options Trading Volumes: A 50% Drop Expected

Trading volumes in India’s futures and options market could see a significant decrease due to new regulations from the market regulator aimed at reducing excessive […]

China’s Economic Challenges: From Real Estate Woes to Stimulus Plans

In recent days, China has taken drastic measures to counteract a severe economic downturn, announcing a massive stimulus package as its economy shows signs of […]