Officials at the Securities and Exchange Board of India SEBI have raised serious concerns about the toxic work culture under the leadership of chief Madhabi […]
Category: Short News
Foreign Investors Boost IT, Pharma, and Consumer Stocks in August Amid Fed Rate Cut Hopes
In August, foreign investors increased their stakes in India’s information technology (IT) and pharmaceutical sectors, expecting a potential rate cut by the U.S. Federal Reserve, […]
India’s Weight in MSCI EM IMI Index Surpasses China: Morgan Stanley Report
Morgan Stanley has revealed in a recent report that India has overtaken China in the MSCI Emerging Markets (EM) IMI Index. This week, India achieved […]
Nvidia Faces DOJ Antitrust Probe, Stock Plunges Over 9%, Erasing $360 Billion in Market Value
Nvidia, a leading chipmaker, has been hit with a subpoena from the U.S. Department of Justice (DOJ) as part of an antitrust investigation into the […]
US Trade Deficit Surges to $78.8 Billion in July as Imports Outpace Exports
In July, the U.S. trade deficit expanded to $78.8 billion, the largest since mid-2022, according to the Department of Commerce. This represents a 7.9% increase […]
Foreign Investors Turn Bearish on NSE: FPI Selloff Surges Amid Market Uncertainties
Foreign portfolio investors (FPIs) seem to be losing confidence in the National Stock Exchange (NSE), as recent data reveals that foreign investors have predominantly been […]
BHEL Wins ₹11,000 Crore Orders from Adani Power and Subsidiary
Bharat Heavy Electricals Ltd. (BHEL) has announced that it has signed a contract with Adani Power Ltd. and its subsidiary, Mahan Energen Ltd. This contract […]
Apple Set to Unveil New iPhones, Watches, and AirPods at Major September Event
Apple is planning its biggest product launch event of the year on September 10, where it will reveal the newest iPhones, Apple Watches, and AirPods. […]
Alibaba Upgrades to Primary Hong Kong Listing: Unlocks Billions in New Investments from Mainland China
Alibaba’s shareholders have approved an important change to the company’s Hong Kong stock listing, upgrading it from a secondary to a primary listing. This change, […]
Nvidia’s Path to $160: Strong LLM Training and Potential Upside Amid Blackwell Concerns
Melius notes that Nvidia’s stock could reach their $160 target fairly quickly. Initially, they were worried about issues with Nvidia’s new Blackwell chips, such as […]
Goldman Sachs Lowers India’s 2025 GDP Growth Forecast to 6.4% Amid Government Spending Cuts
Goldman Sachs recently revised its forecast for India’s real GDP growth in calendar year (CY) 2025, lowering it by 20 basis points to 6.4% year-over-year. […]
Adani Enterprises to Raise ₹800 Crore Through NCDs, Opens Subscription on September 4
Adani Enterprises, the flagship company of the Adani Group, plans to raise ₹800 crore through non-convertible debentures (NCDs), including a green shoe option of ₹400 […]