Nomura has a buy rating on Bharti Airtel with the target price at Rs 2,300. Analysts attended Bharti Airtel’s investor call. Among the key takeaways were the company’s commitment of Rs 20,000 crore into Airtel Money that will be done gradually over the years with 10-15% to be invested in the first year. The company…
Beast Industries has acquired a banklike app for young people and could eventually offer a variety of financial services, including crypto. Source link
Aluminum jumped after Qatar’s state-owned energy producer said it would halt output of the metal as the Iran war throttles supply lines for smelters throughout the West Asia.Prices rallied as much as 3.8% in London before paring some gains. QatarEnergy halted the production of aluminum and some chemicals, as it grappled with the consequences of…
A huge number of Indians split their lives across the Arabian Sea — remitting $125 billion a year, supporting their families and the Indian economy. Source link
Gold slumped more than 5%, ending a four-day rally on Tuesday. The metal was weighed down by a stronger dollar and fading prospects of an interest rate cut as inflation concerns intensified against the backdrop of a potentially prolonged conflict in West Asia. Spot gold was down 5.6% at $5,029.59 an ounce whereas prices had…
Joichi Ito’s involvement in a publicly funded Japanese initiative had come under scrutiny after new details revealed his close relationship with Jeffrey Epstein. Source link
MUMABI: Investors on Dalal Street are expecting another session of strong selling on Wednesday when markets resume after a day’s trading break for Holi. Escalating war in West Asia pulled most global stocks deep into the red on Tuesday. In late trades on Tuesday in GIFT City, Nifty futures were down 3.3% or about 825…
Seeming to acknowledge critics’ complaints about the high cost of snow sports, the company is cutting the price of its 2026-2027 Epic Passes for younger skiers and snowboarders. Source link
Oil prices spiked sharply on Tuesday as the Iran war disrupted supplies, with the Strait of Hormuz effectively closed and key energy infrastructure hit, AFP reported.The Brent North Sea crude contract, the international benchmark, jumped more than eight per cent to $85.12 a barrel, its highest level since July 2024.The main US oil contract, West…
The administration told a court on Monday that it was abandoning its defense of executive orders targeting the firms. But on Tuesday, the Justice Department abruptly changed its position. Source link
