Tesla ($TSLA) reported earnings per share (EPS) of $0.72, beating the forecast of $0.60. However, its revenue came in slightly below expectations at $25.18 billion, […]
Category: Stocks in News
Macquarie Predicts 5-7% Drop in Indian Markets Amid Rs 62,126 Crore Sell-off by Foreign Investors
Macquarie Capital, believes that Indian markets might drop by 5-7% soon. This decline is driven by foreign institutional investors (FIIs) selling off their shares to […]
New Protocols to Combat False Bomb Threats in Air Travel
Passengers will no longer face disruptions due to false bomb threats on flights. In light of the increasing number of bomb threats at airports and […]
Goldman Sachs and Bernstein Downgrade Indian Market, IMF Revises 2024 Forecasts: Growth Uplifts for U.S., Brazil, and UK, Downgrades for China, Japan, and Eurozone, Global GDP Steady at 3.2%, India at 7%
Goldman Sachs has downgraded Indian equities from Overweight to Neutral, citing decelerating economic growth and corporate profits. While India still holds strong long-term structural appeal, […]
Updated Federal Tax Brackets for 2025: A Simplified Breakdown
On Tuesday, the IRS announced inflation adjustments for the 2025 tax year, which could boost Americans’ take-home pay next year. Each year, the IRS updates […]
SEBI Implements New PIT Regulations for AMCs and Mutual Funds
The Securities and Exchange Board of India (SEBI) has introduced new regulations for Asset Management Companies (AMCs) aimed at improving transparency and accountability. Starting November […]
China’s Economy Grows 4.6% in Q3 2024: Key Stats on 4.6% GDP Growth, 5.4% Industrial Output, and 10.1% Drop in Property Investment
China’s economy grew at its slowest pace since early 2023 in the third quarter, but consumption and industrial production in September were better than expected. […]
IMF 2024 Growth Projections Revealed: U.S. at 2.8%, Brazil 3.0%, Germany 0%, China 4.8%, India 7.0% – What It Means
The International Monetary Fund (IMF) has updated its economic growth forecasts for 2024, raising expectations for the U.S., Brazil, and Britain, while lowering them for […]
DII Investment Surpasses ₹4 Lakh Crore in 2024; October Inflows Reach ₹63,981 Crore Amid ₹67,310 Crore FPI Outflows, with Mutual Funds Investing ₹23,300 Crore in Equities and LIC Committing ₹1.3 Lakh Crore for the Fiscal Year
Domestic institutional investors (DIIs) have aggressively bought shares in the stock market, investing over Rs 4,04,593 crore so far this year, hitting a record milestone […]
SEBI New Regulations: Enhanced Disclosure for Asset Management Companies, Restrictions on Investment Advisories, and Concerns Over F&O Trading
The Securities and Exchange Board of India (SEBI) has announced new rules for Asset Management Companies (AMCs). Starting November 1, AMCs will have to publicly […]
Defense Stocks Slide: Mazagon Dock (-8%), Garden Reach (-8%), and Bharat Dynamics (-7%) Face Valuation Concerns; Retail Interest in PSUs Grows Despite Correction
Shares of defense companies, which were once market favorites, experienced another decline on October 22 as broader selling hit the small and mid-cap sectors. Notable […]
Global Manufacturing PMI Signals Contraction for the Third Month in a Row
In September, the J.P. Morgan Global Manufacturing PMI fell to 48.8, indicating worsening operating conditions for the third consecutive month. This decline was the fastest […]