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  • newUS stocks: S&P 500 notches record-high close as rate-hike worries ease
    The S&P 500 has hit a historic peak, largely influenced by a surge in technology stocks. With producer price inflation showing stability, expectations of a Federal Reserve rate hike have diminished. Memory chip giants Sandisk and Micron Technology reported impressive increases in their stock prices, alongside positive movements for other major firms like Broadcom and Meta Platforms.
    - 3 hours ago 14 Aug 26, 1:39am -
  • newAverage pay of CEOs of S&P 500 companies rose to record $22.8 million following Elon Musk's nearly $1 trillion compensation, AFL-CIO finds
    Elon Musk's compensation is setting new benchmarks for S&P 500 executive pay. Average CEO pay rose significantly, even as employee wages are facing pressure from artificial intelligence and labor board policies. Shareholder support for special executive awards is showing signs of decline.
    - 3 hours ago 14 Aug 26, 1:27am -
  • newBirkenstock raises revenue forecast on strong demand, shares jump 18%
    Birkenstock has raised its annual sales growth forecast after surpassing quarterly revenue expectations. The company's robust performance was largely driven by strong full-price demand for its premium sandals. Sales through the direct-to-consumer channel surged by fourteen percent, accounting for nearly thirty-nine percent of total revenue. The Asia-Pacific region led the way in growth, while EMEA and the Americas also enjoyed robust double-digit increases.
    - 9 hours ago 13 Aug 26, 7:39pm -
  • newUS stocks: Cerebras slumps 18% as mixed quarterly results test AI growth narrative
    Cerebras Systems experienced a notable drop in its shares after falling short of key financial projections. Although its cloud revenue saw a remarkable increase, hardware sales faced a downturn, sparking concerns regarding the competitive edge of its AI chip sector. Analysts pointed out difficulties in scaling operations effectively to satisfy demand. Similarly, Cisco Systems' stock also took a hit due to an outlook that did not meet expectations.
    - 9 hours ago 13 Aug 26, 7:31pm -
  • newLG Electronics India Q1 Results: PAT rises marginally YoY to Rs 653 crore; revenue up 15%
    LG Electronics India Q1 Results: Household appliances maker LG Electronics India reported a 27.2 % year-on-year rise in profit after tax (PAT) at Rs 653 crore for the first quarter of FY27 (Q1FY27), compared with Rs 513 crore reported in the same quarter of the previous fiscal year.
    - 10 hours ago 13 Aug 26, 6:23pm -
  • newEarnings growth to play larger role in determining portfolio returns than valuation re-rating: Nilesh Shah
    Earnings growth is likely to play a larger role in determining portfolio returns than valuation re-rating in the near term, as valuations of Indian equities remain neither cheap nor expensive, according to Nilesh Shah, Managing Director, Kotak Mahindra Asset Management Company.
    - 10 hours ago 13 Aug 26, 5:51pm -
  • Mcap of four of top-10 most valued firms jumps Rs 1.43 lakh cr; State Bank biggest winner
    In a notable surge, four leading Indian corporations experienced an impressive rise in market valuations, totaling Rs 1.43 lakh crore. The State Bank of India led the charge, boosting its valuation by Rs 63,922 crore. Other notable gainers included Reliance Industries, TCS, and Larsen & Toubro, while LIC, Bajaj Finance, and HDFC Bank suffered significant losses in their valuations.
    - 5 days ago 9 Aug 26, 10:21am -
  • Foreign investors continue buying spree; pour Rs 12,921 cr in first week of Aug
    In early August, Foreign Portfolio Investors poured Rs 12,921 crore into Indian equities, building on their notable investments from July. This surge indicates improved investor sentiment and favorable macroeconomic conditions. Furthermore, foreign investors have displayed interest in India's debt market, resulting in additional inflows. However, it’s worth noting that despite these recent inflows, they have been net sellers in the Indian equity market throughout the year.
    - 5 days ago 9 Aug 26, 10:18am -
  • RBI special windows seen big enough to bring in $100B
    India's new forex inflow programs may attract approximately one hundred billion dollars. These special drives have already mobilized over forty billion dollars in foreign exchange. Experts predict these initiatives could significantly exceed initial mobilization estimates. The Reserve Bank of India introduced these facilities to support the balance of payments. These programs aim to cushion the rupee and contain imported inflation.
    - 11 days ago 3 Aug 26, 12:43am -
  • India, Canada aim to conclude CEPA trade pact by end-2026: MEA
    India and Canada are working to finalize their economic partnership agreement. Negotiations for the Comprehensive Economic Partnership Agreement are progressing well. Both nations aim to conclude these important talks by the end of 2026. This agreement seeks to liberalize trade and strengthen economic cooperation between the two countries. Prime Minister Modi plans a visit later this year to boost bilateral ties.
    - 11 days ago 3 Aug 26, 12:18am -
  • Govt's urban reset: Centre divides ministry of Housing and Urban Affairs into two specialised verticals
    The Ministry of Housing and Urban Affairs has undergone a significant structural overhaul. Senior bureaucrats were replaced and new leadership appointed to spearhead its flagship missions. The ministry was split into two specialized departments, focusing on capital development and urban development. This administrative revamp aims to streamline service delivery and accelerate infrastructure projects. Personnel shifts occurred rapidly after the government's decision to divide the ministry.
    - 11 days ago 3 Aug 26, 12:05am -
  • Trump announces a deal for Hamas to disarm in Gaza, but many hurdles and uncertainty remain
    US President Donald Trump announced a deal for Hamas disarmament and Israeli withdrawal from Gaza. This agreement involves carefully structured phases for winding down the conflict. Israeli forces will withdraw as disarmament is completed by Hamas. A new Palestinian police force will work with an international stabilization force. Reconstruction of Gaza is envisioned after the war concludes.
    - 14 days ago 31 Jul 26, 6:33am -
  • In 1943, US built an entire city, and it didn't exist on a single map
    Oak Ridge, Tennessee, was a secret city of 75,000 people during World War II. This hidden community was established for the Manhattan Project's atomic bomb development. Residents worked on crucial tasks without knowing the overall purpose of their efforts. The city remained invisible to the public until the atomic bombs were deployed. Today, Oak Ridge is a mapped city and a historical park.
    - 17 days ago 27 Jul 26, 4:34pm -
  • Humans have a 'third eye' in the brain: Study links it to a 600-million-year-old Cyclops ancestor
    Humans cyclops connection: Scientists claim our eyes and even a hormone-regulating gland in our brain trace back to a bizarre, one-eyed sea creature that lived 600 million years ago.
    - 18 days ago 27 Jul 26, 2:20pm -
  • 1,500 ships trapped in Gulf of Hormuz is quietly multiplying an underwater army that could unleash World's biggest bioinvasion event
    Gulf of Hormuz underwater army: Nearly fifteen hundred ships stuck in the Persian Gulf after fighting closed the Strait of Hormuz. These idle vessels are now becoming breeding grounds for marine invasive species, whose build-up of organisms on ship hulls increases fuel consumption significantly. Scientists urge stricter rules to prevent a major bioinvasion event.
    - 21 days ago 24 Jul 26, 9:04am -

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