India’s $360 billion stock trade raises the stakes for Modi’s Budget

Indian shares are on track for their worst start to a year in a decade, increasing pressure on Prime Minister Narendra Modi’s government to deliver new catalysts for economic growth in the upcoming budget.Attention is focused on whether the government will increase defense spending and accelerate stake sales in state-owned companies to boost revenues after […]

UnitedHealth predicts first revenue decline in four decades; stocks plummet

UnitedHealth Group said Tuesday that revenue would fall this year for the first time in decades, following Monday’s lower-than-expected government Medicare reimbursement proposal for 2027, and that shares tumbled 19% as investors trimmed their earnings expectations.CEO Steve Hemsley emphasized a return to financial accuracy and streamlined operations, despite what could be the company’s first revenue […]