China’s Blue-Chip Stocks Plummet to Five-Year Low Amid Yuan Depreciation and Moody’s Credit Downgrade Warning

On Wednesday, China’s leading stocks experienced a significant drop, reaching their lowest point in nearly five years. This decline was coupled with a continued depreciation […]

Citigroup’s Stock Surges 5% as CFO Announces $500M Share Buyback, most Since April 14

Citigroup’s stock witnessed a notable upswing, surging by 5%, subsequent to the disclosure by the Chief Financial Officer (CFO) regarding the company’s strategic move. The […]

Senate Rejects Biden’s $106 Billion Emergency Aid Bill, Casting Shadow on Support for Ukraine, Israel and Taiwan

The United States Senate recently faced a setback as President Joe Biden’s $106 billion emergency aid bill, aimed at providing support to Ukraine, Israel, and […]

Adani Ports in Advanced Talks with SP Group for Strategic Acquisition of Gopalpur Ports in Odisha

Adani Ports and Special Economic Zone, India’s leading maritime company, are in advanced discussions to acquire Gopalpur Ports in Odisha from Shapoorji Pallonji Group. The […]

AIIMS Delhi’s Respiratory Findings: Mycoplasma Pneumonia Unrelated to China’s Outbreak, Government Clarifies

AIIMS Delhi identified Mycoplasma pneumoniae in seven cases between April and September, causing respiratory issues in children. Initially tied to a China outbreak, the Ministry […]

India Considers Curtailing Ethanol Production Amidst Sugar Shortages

India is considering reducing ethanol production from sugar cane due to domestic sugar shortages. Authorities are reviewing a proposal to limit the use of sugarcane […]

RBI Maintains Status Quo: No Change in Key Rates Amid Global Economic Challenges

Reserve Bank of India’s monetary policy committee, led by Governor Shaktikanta Das, has decided to keep key interest rates unchanged at 6.50%. This announcement aligns […]

Apple Opposes India’s Push for Universal Charging Ports, Citing Production Challenges and Market Impact

Apple has informed India that its local production goals may be impacted if India adopts the European Union’s directive to mandate universal charging ports for […]

Government Stays Committed to Ethanol Blending Target Despite Temporary Ban on Sugarcane Juice

The government is committed to achieving a 20% ethanol blending target by 2025-26 despite a temporary ban on using sugarcane juice and sugar syrup due […]

December Witnesses Robust Investments from Foreign Players Amid BJP’s Victory in Three States, Boosting Confidence in Indian Markets

Foreign Portfolio Investors (FPIs) showed confidence in the Indian equity markets by injecting Rs 26,505 crore in the first six trading sessions of December. This […]

Goldman Sachs Revises Forecast: Anticipates US Federal Reserve Rate Cut in Q3 2024, Shifting from Previous Q4 Projection

Goldman Sachs has adjusted its outlook on the United States Federal Reserve’s monetary policy, now anticipating a rate cut in the third quarter of 2024. […]

Saudi Aramco to Supply Full Crude Oil to Some North Asian Refiners in January 2024: Sources

In January 2024, Saudi Aramco plans to provide the entire agreed-upon amount of crude oil to several North Asian refineries, according to sources cited by […]