A Skeptical Supreme Court Puts Trump’s Tariffs and Economic Agenda in Question
President Trump has used his sweeping global tariffs as an economic tool and a political cudgel. A decision invalidating them could hamper his power. Source link
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Groww IPO: Billionbrains Garage Ventures offering fully subscribed on Day 2; check details
The company’s Rs 6,632 crore initial public offering is scheduled to close on Friday. (AI image) Groww IPO: Billionbrains Garage Ventures, the parent organisation of Groww stock broking firm, saw its initial public offering (IPO) being fully subscribed on Thursday, the second day of its share sale.According to National Stock Exchange data, the IPO attracted…
AI to steal your job? JPMorgan’s Jamie Dimon makes this important statement amid layoff fears; hails Nvidia as ‘unbelievable company’
File photo: JPMorgan Chase & Co chief executive Jamie Dimon (Picture credit: AP) JPMorgan Chase & Co chief executive Jamie Dimon has said the bank’s workforce is likely to remain steady or even grow as artificial intelligence becomes more deeply embedded in its operations. His comments counter the widespread concern that automation will cause massive…
Mahindra & Mahindra exits RBL Bank after Emirates NBD entry
MUMBAI: Mahindra & Mahindra has sold its entire 3.5% stake in RBL Bank for Rs 678 crore, booking a 62.5% gain on its treasury investment made in Jul 2023 for Rs 417 crore. The sale comes weeks before Emirates NBD launches an open offer on Dec 12 to buy shares from public investors at Rs…
Ramping up security: India starts blocking use of China-linked satellites by homegrown broadcasters; here’s what the shift is about
The Indian National Space Promotion and Authorization Centre (IN-SPACe) has denied applications from Chinasat and Hong Kong-based operators ApStar and AsiaSat. (AI image) India has started the process of restricting satellite usage linked to Chinese entities for domestic broadcasters and teleporters, as part of its strategy to strengthen security measures against its northern neighbour during…
Gold & silver price prediction today: Will gold prices continue to drop? Top things to watch out for
MCX Gold has shown signs of exhaustion after its recent rally and appears to have some room for a corrective move on the downside. (AI image) Gold and silver price prediction today: Gold prices are showing signs of exhaustion, and traders should adopt a cautious approach, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama…
Would Elon Musk Work Harder for $1 Trillion Than $1 Billion?
Economists and psychologists say that compensation may not provide as powerful an incentive as is often assumed. Source link
Stock market today: Nifty50 above 25,650; BSE Sensex up over 300 points
Market experts indicate that the short-term market trajectory will be influenced by second-quarter financial results and global economic indicators. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Thursday. While Nifty50 went above 25,650, BSE Sensex was up over 300 points. At 9:20 AM, Nifty50 was…
Shutdown fallout: FAA slashes air traffic by 10% across 40 US hubs; safety risk prompts drastic step
The Federal Aviation Administration (FAA) will reduce air traffic by 10% across 40 of America’s busiest markets from Friday, an unprecedented move to ensure flight safety as the ongoing government shutdown strains air traffic controllers. The announcement, made Wednesday, could affect thousands of flights daily, as the FAA manages more than 44,000 aircraft movements each…
Big test for Donald Trump: US Supreme Court raises doubts on legality of reciprocal tariffs – but will they be struck down?
Trump employed the International Emergency Economic Powers Act (IEEPA) to implement tariffs on virtually all US trading partners. (AI image) US President Donald Trump’s reciprocal tariffs, that have shaken the world economy, are facing their final test with the Supreme Court hearing cases that question the measure’s legality.Trump has sought the Supreme Court’s support to…