The Reserve Bank of India has intensified its crackdown on rupee speculation, targeting corporate arbitrage after earlier measures on banks failed. New rules bar rebooking of forward contracts and FX derivatives with related parties. While speculation is curbed, the currency’s weakness persists amid Iran war concerns and elevated oil prices.Read More

Morgan Stanley’s E*Trade is reportedly in talks to lead SpaceX’s upcoming IPO share sales to everyday U.S. investors, potentially sidelining rivals Robinhood and SoFi. This move would allow E*Trade to capture a significant portion of retail allocations, a strategy Morgan Stanley has employed before. SpaceX is considering reserving up to 30% of shares for retail...Read More

Elon Musk’s SpaceX has moved closer to going public with its ​confidential filing, Bloomberg News reported ​on Wednesday, as the billionaire’s rocket-and-satellite company looks to ​beat OpenAI and Anthropic to the new listings market.Read More

Indian markets rebounded on Wednesday after US President Donald Trump hinted at easing Iran tensions, with Nifty gaining 348 points to 22,679. Key support and RSI divergence suggest short-term recovery, while traders watch crude oil, the rupee, and market breadth. Active stocks included HDFC Bank, Reliance, Vodafone Idea, and SpiceJet.Read More

SpaceX, led by Elon Musk, has filed for a US initial public offering. This move could lead to the largest stock market listing ever. The company’s growth is fueled by reusable rockets and its Starlink satellite internet. A public listing would signal space exploration as a mainstream investment. Investors are showing strong interest in exposure...Read More

NLC India and Engineers India are poised for short-term gains on breakout signals and bullish momentum.Read More

Silver prices surged by Rs 9,000 to Rs 2.46 lakh per kg, while gold jumped by Rs 3,500 to Rs 1.55 lakh per 10 grams on Wednesday, following firm global trends.Read More

The ​halting of oil exports through the Strait of Hormuz has left the Dubai Middle East benchmark, the price used to value nearly a fifth of global crude ​supply, in a perilous position.Read More

​The Reserve ​Bank of ‌India ⁠on Wednesday ⁠directed authorised ​dealers ​to stop ​offering non-deliverable ⁠derivative ‌contracts ​involving ​the Indian ⁠rupee to both ​resident and ​non-resident ‌entities, which ​would ​include local ⁠companies.Read More

Nike’s months-long turnaround under CEO Elliott Hill faces fresh pressure as the Middle East conflict adds to the sportswear maker’s struggles in key market China.Read More