Shares of Wall Street investment bank major Morgan Stanley have risen 13 per cent in the last five sessions over robust sentiment of its quarterly earnings performance. Morgan Stanley beat first-quarter profit estimates on Friday, helped by record equity trading
Inflows into equity mutual fund (MF) schemes declined for the third month in a row in March even though the equity market recovered sharply. Equity MF schemes raked in a net Rs 25,082 crore in March, down 14 per cent
The fast-moving consumer goods (FMCG) sector is likely to report muted results in the fourth quarter of 2024-25 (Q4FY25) due to weakness in urban consumption. The weakness may persist through the first half of 2025-26 (H1FY26). Image used for representation
India’s industrial production growth decelerated to a six-month low of 2.9 per cent in February 2025, mainly due to poor performance of the manufacturing, mining and power sectors, according to official data released on Friday. Photograph: Praveen Paramasivam/Reuters The government
India’s forex reserves jumped $10.87 billion to $676.27 billion during the week ended April 4, the Reserve Bank of India (RBI) said on Friday. Photograph: Lisa Marie David/Reuters The overall kitty had jumped $6.6 billion to $665.4 billion in the
US Stock Markets LIVE: US futures are seeing wild swings after China has announced that it will increase tariffs on US goods to 125% from April 12. China said If US Insists On Continuing To Substantially Infringe Upon China’s Rights,
(Bloomberg) — Individual investors are trying to dump Banco Master SA bonds, pushing yields higher and making it tougher for the struggling lender to raise cash needed for short-term obligations. A total of more than 10 billion reais ($1.7 billion)
Benchmark Sensex surged by 1,310 points while Nifty closed above 22,900 level on Friday after the US announced suspension of additional tariffs on India for 90 days until July 9 this year. Photograph: PTI Photo from the Rediff Archives Defying
Finance Minister Nirmala Sitharaman is in London for the 13th India-UK Economic and Financial Dialogue with her counterpart, Chancellor of the Exchequer Rachel Reeves. Source link
Electronics manufacturing services firm Dixon Technologies is setting up a Rs 1,000-crore facility near Chennai and signed a Memorandum of Understanding with the Tamil Nadu government on Wednesday. Photograph: Kind courtesy, Dixon Technologies The factory, which will come up at
