Shares of health insurers tumbled on Tuesday after the Trump administration proposed a smaller-than-expected increase to next year’s Medicare Advantage plans.Read More
PC Jeweller Ltd on Tuesday reported a 28 per cent increase in its consolidated net profit at Rs 190.10 crore in the quarter ended December, mainly on festive demand.Read More
Boeing swung to a fourth-quarter profit on Tuesday, driven by the sale of its digital aviation services provider, as well as rising jet output and stronger deliveries.Read More
UnitedHealth Group on Tuesday said revenue this year would decline for the first time in decades, which follows Monday’s lower-than-expected 2027 Medicare reimbursement proposal from the government, and its shares tumbled 19% as investors reset profit expectations.Read More
Aerospace and defense giant RTX posted a higher fourth-quarter revenue and profit on Tuesday, driven by a rise in sales for its engines and a strong appetite for commercial aircraft maintenance and repair services. Shares of RTX rose 1.7% in early trading in New York.Read More
Indian benchmarks ended a shortened week higher after India and the EU sealed a landmark free trade deal. Sensex rose 320 points and Nifty gained 0.5%, buoyed by optimism despite cautious undertones ahead of the US Federal Reserve decision meeting.Read More
Consumer confidence in the United States plunged in January to its lowest level since 2014, survey data showed Tuesday, as American households continue to fret about inflation and elevated costs of living. She added that all five components of the index worsened, driving the overall level to its lowest since May 2014 — “surpassing its...Read More
The Reserve Bank of India and the European Securities and Markets Authority have signed a memorandum of understanding, resolving a two-year dispute over supervisory oversight of India’s central clearing agencies. This agreement facilitates cooperation and information exchange, paving the way for European recognition of Indian clearing houses and potentially enhancing European access to India’s financial...Read More
The gold-silver ratio has fallen to its lowest since 2011, suggesting silver may be overvalued after a significant rally. Analysts recommend gold as a safer bet, anticipating a potential pullback in silver prices despite its strong industrial demand. This dip could present a buying opportunity.Read More
Credit card usage in Mumbai saw an 8% rebound last month, reaching ₹2.05 lakh crore due to seasonal demand and year-end spending. Net new card additions hit a three-month high of over 900,000, boosting the total active cards to 115.7 million. Analysts anticipate steady spending momentum, supported by ongoing consumption trends and festive demand.Read More
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