Renewed trade tensions between the US and China pose new downside risks to the economic outlook, making it more important that the US central bank cuts interest rates, Federal Reserve Governor Stephen Miran said on Wednesday. “We have to recognize that there is some difference now from where we thought a week ago,” before China […]
The Indian market snapped a two-day losing streak on Wednesday, with the Sensex and Nifty advancing as risk appetite improved on growing expectations of a US Federal Reserve rate cut and optimism over an earnings recovery. The S&P BSE Sensex climbed 0.7%, or 575.45 points, to close at 82,605.43, while the NSE Nifty 50 added […]
Markets regulator Sebi chairman Tuhin Kanta Pandey on Wednesday called on public interest directors (PIDs) to ensure that the perspective of “public interest” remains central to all major decisions taken by the boards of directors of market infrastructure institutions (MIIs). Speaking at the Public Interest Directors Conclave 2025, Pandey emphasized that MIIs must ensure that […]
Wall Street’s major indexes rose on Wednesday after solid results from Bank of America and Morgan Stanley, while chipmakers rose after ASML reported strong quarterly results. Shares of Morgan Stanley hit a record high and were last up 7.2%, while Bank of America rose 4.4% after major lenders beat Wall Street estimates for third-quarter earnings […]
Eternal, the parent company of food delivery platform Zomato, is expected to post strong revenue growth in the September quarter, although profitability may decline on a year-on-year basis due to the expansion of its high-speed commerce business and challenges in the core food delivery segment. Higher costs, passenger incentives and higher marketing spend are likely […]
Welcome to ET MarketWatch. I am Neha Vashishth and I bring you the latest news from Dalal Street and global markets. Indian shares snapped a two-day losing streak on Wednesday, with the Sensex and Nifty rising as risk appetite improved on growing expectations of a US Federal Reserve rate cut and optimism over an earnings […]
HDB Financial on Wednesday reported a marginal 2% decline in net profit at Rs 581 crore in the July-September quarter. A year ago it was Rs 591 crore. Operating revenues rose 13% year-on-year (year-on-year) to Rs 4,545 crore. Net interest income (NII) showed an increase of 20% year-on-year to Rs 2,192 crore for the quarter, […]
Chalet Hotels on Wednesday announced the launch of ATHIVA Hotels & Resorts, which will debut across six properties with over 900 keys and a capex of around Rs 1,500 crore. The ATHIVA brand, positioned in the upper luxury category, will debut its first hotel with the opening of 147-key The Dukes Retreat in Khandala, Maharashtra, […]
What’s happening in the raw materials world? Will the gold price rise next? To find out, ET Markets spoke to Anand Rathi’s Naveen Mathur, who explains what’s driving the currency and bullion markets amid global uncertainty and rate tensions. He also analyzes the recent movements in the dollar and rupee and highlights the key support […]
Indian online delivery companies Eternal and Swiggy could see profit margins improve slightly in the second quarter, analysts said, after at least a year of mounting losses in their high-speed commerce businesses due to higher costs. Eternal’s Blinkit, Swiggy’s Instamart and start-up Zepto have emerged as the top players in India’s booming high-speed commerce sector, […]