Securities and Exchange Board of India approved BSE to launch derivatives on its Focused IT Index, tracking 14 major IT firms. The move comes as the index records sharp declines, offering new hedging and trading opportunities for investors.Read More

Congress is investigating Polymarket after anonymous traders made huge bets on the U.S.-Iran ceasefire minutes before Trump announced it. Past wagers on geopolitical events suggest possible insider trading, with $143 million estimated in profits. Polymarket, banned in the U.S., continues offshore crypto operations while seeking domestic rollout, competing with Kalshi.Read More

Whitestone REIT will be acquired ​by funds managed by Ares Management Corp in an all-cash deal, valuing the U.S. shopping center owner at about $1.7 billion, the company said on Thursday.Read More

In a pivotal move, Paramount Skydance has secured financing for its acquisition of Warner Bros Discovery, aligning with a consortium of banks for permanent funding. This development paves the way for a major step towards finalizing the agreement, with the closure anticipated in the upcoming third quarter.Read More

Amazon’s cloud division has reached a remarkable milestone, raking in more than $15 billion each year from its AI offerings. This impressive figure highlights the success of Amazon’s heavy investments in technology. Additionally, the company’s custom chip sector is thriving, boasting annual revenues exceeding $20 billion. With plans to market these chips externally, Amazon is...Read More

American Airlines plans to resume daily flights between Miami and Caracas from April 30, 2026, after receiving U.S. Transportation Department approval. The service will be operated by its regional unit Envoy using Embraer 175 aircraft. This marks the first U.S. commercial airline restart of flights to Venezuela in more than six years.Read More

Carlyle’s ​flagship private-credit interval fund has been hit by ​a wave of redemptions, according to a shareholder letter seen by Reuters on Thursday, as an investor exodus over fears of a looming downturn in the sector ‌continues.Read More

NSE Indices on Thursday organised a press meet in Mumbai, where it elaborated on its outlook for passive investing in India. It stated that the total Assets Under Management (AUM) in passive investments surged from Rs 1.63 lakh crore in 2020 to approximately Rs 50 lakh crore in 2026.Read More

ADRs of Wipro and Infosys declined after Tata Consultancy Services reported steady Q4 results with strong deal wins and rising AI revenue. Despite stable performance, investor reaction signals cautious sentiment and a muted market opening for IT stocks.Read More

Oil prices surged back above $100 a barrel as market sentiment shifted from de-escalation optimism to caution. Despite a US-Iran ceasefire, shipping through the Strait of Hormuz remains subdued due to ongoing security concerns and uncertainty, keeping supply risks elevated and prices volatile.Read More