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EARLY TRADE
Rupee rises 16 paise to 95.73 against US dollar in early tradeThe rupee appreciated by sixteen paise against the US dollar during early trading today, a result of positive movements in local equity mar...- Rupee ends flat as RBI intervention, portfolio flows blunt Fed hike impactThe Indian rupee stayed stable against the dollar on Thursday, bolstered by anticipated central bank interventions and equity index rebalan...
- India’s billion-dollar trade juggernaut has an unwanted case of missing balanceIndia’s early FTAs promised a two-way trade highway, but 15 years later the traffic looks decidedly one-sided. Deficits with ASEAN, Japan a...
- Indian bonds dip as Fed move seen as final straw pushing RBI toward hikesThe rising interest rates announced by the US Federal Reserve have led to a dip in Indian government bonds, adding urgency for the Reserve ...
- Rupee slips below 96 per dollar level in early tradeIn a significant market shift, the rupee has dipped to 96 against the US dollar, marking a low not seen in over two months. This decline is...
- Global Market Today: Asian stocks tick higher as markets weigh further Fed hikesIn a strategic shift, the Federal Reserve raised interest rates by 0.25%, aiming to address ongoing inflation challenges. This decision led...
- Shriram Finance plans $500 million bond buybackThe company proposes to buy back bonds maturing in April 2027 and April 2028 in an attempt to reduce borrowing costs and the buyback will b...
- Tata stocks rally on RBI ruling, potential Tata Sons listingOn Tuesday, shares of Tata Group companies with minority interests in Tata Sons experienced a notable rise. This followed the Reserve Bank ...
- Global Market Today: Asian stocks steady as traders await Fed decisionMSCI’s Asian equities index advanced 0.1%. Contracts for Wall Street gauges also nudged up in early trading as OpenAI weighed a new funding...
- In 2015, Beyonce accepted about $6 million in Uber stock instead of cash for a performance; 4 years later, the company went public at an $82 billion valuationBeyoncé and Uber story remains a striking example of how celebrity culture, technology startups and equity compensation converged during Si...
- In 2013, rapper Nas invested in Coinbase when the crypto exchange was valued at $150 million; 8 years later, his stake was worth at least $40 millionRapper Nas' venture firm, QueensBridge, invested in Coinbase in 2013. This early bet occurred when Coinbase was valued at approximately $15...
- Quote of the day by Edwin Lefevre: "It is only fair to admit that the commonest and most expensive blunder that all exceptionally brilliant business men make is being right too soon"Edwin Lefevre’s quote highlights how being correct too early can prove costly in business and investing. Great ideas depend on timing, pati...
- Asian shares trade mostly lower after AI stocks sink on Wall StreetThe decline came after OpenAI Chief Executive Sam Altman said in an interview with Fortune published Saturday that the company behind ChatG...
- China urges more FX hedging to aid exportsChina's foreign exchange regulator is urging banks to implement currency hedging options for exporters. This strategy intends to protect bu...
- Global Market: Japan stocks fall as AI concerns hit tech shares; Nikkei down 1.6%Japan’s Nikkei fell 1.6% on Monday, dragged by technology and semiconductor stocks as concerns over the pace and risks of artificial intell...
- India-EU FTA progress: European Commission moves to get it signedThe European Commission has formally proposed signing a Free Trade Agreement with India. This proposal clears the path for early approval b...
- Oracle rises as AI-fueled backlog growth deflects spending worriesOracle shares rose 3% in early trading after a $26 billion increase in its revenue backlog eased concerns over its debt-funded AI spending....
- Rupee falls 27 paise to 95.79 against US dollar in early tradeThe rupee faced a decline against the US dollar in early Friday trading, greatly influenced by soaring crude oil prices and persistent fore...
- Rupee falls 25 paise to 95.33 against US dollar in early tradeThursday's early market saw the Indian rupee slip against the US dollar amid heightened crude oil prices and a consistent demand for the do...
- Oil jumps $1 in early trade after Iran launches missiles at JordanOil prices surged dramatically following Iran's aggressive missile strikes on U.S. military targets, claimed by the Revolutionary Guards. J...
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