Latest Updates Around The World
Mumbai: Markets regulator Securities and Exchange Board of India (Sebi) on Friday proposed revising the base price and price bands for exchange-traded funds (ETFs). Currently, stock exchanges have a fixed price band of 20% on the base price of ETFs, except for a 5% price band for overnight ETFs that invest only in TREPs (Tri-Party […]
Mumbai: The Reserve Bank of India (RBI) on Friday said banks should provide acquisition financing only in cases where the acquiring company already has control of the target and is seeking financing to increase its stake and cross material thresholds from 26% to 90%.The regulator said banks may refinance a target company’s existing debt where […]
Infosys’ American Depositary Receipts (ADRs) reversed Thursday’s losses on Friday, rising 4% in early trade to hit a day’s high of $14.77, while Wipro’s ADRs rose 2.2% to $2.33 despite selling pressure on the Nasdaq Composite and weak trading in domestic IT stocks for yet another session today.Major indices on Wall Street were trading lower […]
Wall Street is gripped by concerns about AI disruption. It first started with investors dumping shares of software companies, but quickly spread to sectors seen as vulnerable to automation, leading to sharp losses in US stocks this week.The AI fear trade did not even spare sectors such as private credit, real estate agents, data analytics, […]
US interest rate futures on Friday increased the likelihood of Federal Reserve rate cuts in June, following a report showing that inflation rose less than expected in January.Federal funds rate futures, which measure the cost of unsecured lending between banks, estimate a nearly 70% chance that the Fed will resume interest rates at its June […]
Rivian’s forecast that its cheaper models would attract more buyers this year sent the stock soaring nearly 20% on Friday, the latest sign that electric car makers are betting on affordable cars to revive sales after a key federal subsidy expired.The company plans to roll out a new R2 model in the second quarter starting […]
U.S. consumer inflation cooled slightly more than expected in January, government data showed Friday, as energy prices fell.The consumer price index (CPI) rose 2.4 percent year-on-year, the Labor Ministry said, down from 2.7 percent in December and slightly below the average analyst forecast. This was also the lowest level since May 2025.Concerns about affordability have […]
To facilitate ease of doing business, markets regulator Sebi on Friday proposed additional relaxations in reporting norms for stock brokers, including exempting certain demat accounts of brokers who are also primary dealers from tagging requirements.Further, brokers who are banks or primary dealers will be required to report only those bank accounts used for stock broking […]
Fortis Healthcare on Friday reported a 22 per cent year-on-year decline in consolidated profit after tax at Rs 197 crore in the third quarter ended December 2025.The company posted a profit after tax (PAT) of Rs 254 crore in the same period a year ago. Revenue rose to Rs 2,265 crore from Rs 1,928 crore […]
NCDEX has entered into a long-term strategic technology partnership with Tata Consultancy Services (TCS) to fuel its planned foray into the equity and equity derivatives segments. “Under a ten-year commitment, TCS will deploy a scalable, enterprise-grade trading and monitoring platform designed to meet evolving market and regulatory needs,” said a press release.“Guided by our ‘Bharat […]
