After an early move to the downside, stocks have regained ground over the course of the trading session on Monday. The major averages have bounced well off their lows of the session and into positive […]
U.S. Pending Home Sales Unexpectedly Rebound In September
The National Association of Realtors released a report on Thursday showing an unexpected rebound in pending home sales in the U.S. in the month of September. NAR said its pending home sales index jumped by […]
Sebi bars finfluencer from securities market, asks to disgorge Rs 17 cr
‘Baap of Chart’ gave trade recommendations in the garb of education courses, mislead clients, alleges Sebi. The Securities and Exchange Board of India (Sebi) on Wednesday barred financial influencer Mohammad Nasiruddin Ansari, operating with the handle […]
Goldman Sachs Q3 Results Down, Yet Beat Market View
Banking major Goldman Sachs Group Inc. announced Tuesday weak earnings in its third quarter, mainly reflecting higher expenses and significantly lower net revenues in Asset & Wealth Management. Earnings and topline, however, beat market estimates. […]
Crisis Brews In Darjeeling’s Tea Gardens
In the last three years, 20 gardens have changed hands, and 90 per cent of the buyers are from non-tea background. In 2015, Prime Minister Narendra D Modi presented Queen Elizabeth an award-winning variety from […]
Output of a third of manufacturing segments in Aug less than base year
Despite high headline numbers, the output of one-third of the segments in the manufacturing sector in August stood below even that in the same month in 2011-12, when the new index of industrial production (IIP) […]
European Shares Subdued As Yields Jump On Inflation Concerns
European stocks were subdued on Monday as investors fretted about escalating tensions in the Middle East and rising Treasury yields. Israel’s Ambassador to the UN, Gilad Erdan said his country “has no interest” in occupying […]
Asian Shares Decline On Concerns Over Middle East Tensions
Asian stocks fell in cautious trading on Monday amid fears that the Israel-Hamas war could spark a wider conflict in the oil-rich region. Israeli Prime Minister Benjamin Netanyahu’s office today denied reports of a ceasefire […]
Near-term positives priced in for HDFC Asset Management Company stock
HDFC Asset Management Company (HDFC AMC) reported a healthy profit after tax (PAT) of Rs 430 crore for the July-September quarter (Q2) of financial year 2023-24 (FY24). It rose 20.2 per cent year-on-year (Y-o-Y) and […]
Over half of young adults worry about being left behind in the job market
Over half of young adults fear they are being left behind in the job market, research has revealed. A study of 4,000 people, aged 16 to 25, found 65 percent believe there is not enough […]