The Justice Department has concluded its investigation into Federal Reserve chair Jerome Powell. This decision removes a significant obstacle to the confirmation of Kevin Warsh, President Trump’s nominee. The probe focused on the Fed’s building renovations. Prosecutors found no evidence of criminal conduct. A judge had previously dismissed subpoenas. This development could lead to a...Read More
Indian markets fell sharply with BSE Sensex and Nifty 50 declining amid heavy IT selling. Stocks like Infosys dropped, while select firms including Himadri Speciality Chemical and Adani Energy Solutions gained on earnings and momentum.Read More
Despite a 999-point drop in the BSE Sensex, seven BSE 150 midcap stocks hit 52-week highs, signalling strong momentum in select sectors, with notable gains in power, finance, steel and pharmaceuticals over the past month.Read More
Indian government bonds were little changed on Friday, but posted their first weekly decline since April 3, as oil prices started climbing again, with market participants seeing no resolution to the U.S.-Iran conflict.Read More
Intel’s significant profit surge is propelling technology stocks higher, nearing an all-time high for the S&P 500. Meanwhile, oil prices remain volatile as markets await developments in the Iran conflict. Procter & Gamble also reported strong earnings, while Charter Communications saw a notable decline.Read More
GIFT Nifty surged 110 points on hopes of renewed Iran-US peace talks, boosting sentiment after weak markets. Positive global cues could help Nifty 50 reclaim 24,000 despite recent declines driven by IT-led selling pressure.Read More
Reliance Industries Q4 Results: Mukesh Ambani-owned Reliance Industries Ltd (RIL) on Friday reported a 13% year-on-year (YoY) decline in its consolidated net profit at Rs 16,971 crore in the fourth quarter of 2025-26.Read More
Sebi has allowed net settlement of funds for foreign portfolio investors in the cash market to reduce costs and improve efficiency. The move enables netting of outright transactions while retaining safeguards for others. It is expected to lower liquidity requirements, streamline operations, and enhance the appeal of Indian markets for global investors.Read More
Nithin Kamath warns wealth inequality, driven by asset inflation and concentrated ownership, risks social strain. Reflecting on his journey, he urges rethinking wealth’s purpose, noting idle financial gains benefit few and advocating redirecting capital toward societal impact amid AI-driven change.Read More
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