Want to Know Where the Market Is Going? Don’t Trust This, or Any, Forecast.
Wall Street stock gurus are making predictions again. Our columnist got into the game with a number he doesn’t believe. Source link
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India’s delayed $5-trillion dream: What IMF’s new timeline means for your wallet
When senior ministers began promising a $5-trillion Indian economy by 2024–25, it was sold as a near-term milestone that would change everyday life — more jobs, better infrastructure, bigger pay packets. In late 2022, home minister Amit Shah even declared that “India will become a 5 trillion dollar economy by 2025.”Three years on, the goalpost…
F.D.A. Turmoil Keeps Spotlight on Its Commissioner
The agency’s high-level turnover and conflicting policy decisions on drug oversight have fueled concerns about the leadership of Dr. Marty Makary. Source link
Piramal Finance exit: Firm to sell 14.72% stake in Shriram Life to Sanlam; Rs 600 crore deal
Piramal Finance on Friday said it has decided to exit Shriram Life Insurance Company by selling its entire 14.72% stake to South Africa-based Sanlam Group for Rs 600 crore, as part of its strategy to monetise non-core assets.The company said it has signed a share purchase agreement with Sanlam Emerging Markets (Mauritius) Limited (SEMM), the…
When Did Everything Become ‘K-Shaped’?
What started as a term to describe the pandemic recovery has become a catchall in these anxious economic times. Source link
Gold price today: How much gold costs today in Delhi, Mumbai & other cities; check rates for 22K and 24K gold
Gold prices began the day on a softer note on the Multi Commodity Exchange (MCX), with the yellow metal opening at Rs 1,34,027 per 10 grams, a decline of Rs 494 or 0.37%. Despite the dip, gold has managed to stay above the key Rs 1.34 lakh level, a zone closely watched by market participants…
What is SHANTI Bill 2025? Top things to know about the new nuclear energy bill & what it means
The Lok Sabha on Wednesday passed the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Bill (SHANTI), 2025, clearing the way for a major overhaul of India’s civil nuclear framework. The Bill was approved by voice vote during the ongoing Winter Session amid a walkout by most opposition members. Introduced earlier this week…
US immigration crackdown: Donald Trump suspends green card lottery; what led to the step?
File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump has suspended the diversity green card lottery programme, saying it allowed the suspect in the deadly Brown University and MIT shootings to enter the United States, as his administration moved to tighten legal immigration channels following the attacks.Homeland security secretary Kristi Noem…
Asian stocks today: Markets inch higher as US inflation remains low; Nikkei adds over 1%, HSI trades flat
Asian equities inched higher on Friday after as investors relieved after softer reading of US inflation, expecting another interest rate cut as early as next month. Optimism was further supported by strong earnings from US chipmaker Micron Technology, which eased fears that the rally in technology stocks may be overstretched.Hong Kong’s HSI is trading at…
ICICI Prudential AMC listing: Stock lists at 20% premium on Dalal Street; check price, outlook & more
ICICI Prudential Asset Management Company (AMC) made a strong debut at the stock market on Friday, with a premium of 20%. The share is available for trading at both benchmark indices, Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). On NSE, ICICI Prudential AMC stock was trading at 2,605.10, up 5.10 points or…