In a surprising strategic move, China, the world’s foremost graphite producer, has announced its decision to enforce export permits for select graphite products. This action is aimed at safeguarding national security and marks another bold step by China to assert control over the supply of critical minerals, particularly those essential for its dominant global manufacturing…
Tesla Stock Tanks as Trump Threatens to Pull Federal Contracts from Elon Musk’s Companies Tesla shares took a huge hit on Thursday after a public clash between Elon Musk and former President Donald Trump escalated. Trump hinted that Musk’s companies could lose their federal contracts, and investors didn’t take it well. The stock fell as…
HCLTech Anticipates Q2FY25 Rebound Despite Q1 Challenges Tata Consultancy Services (TCS) and HCL Technologies (HCLTech) emerged as the top upgraded IT stocks in July, securing positions in the top 10 Nifty stocks with the highest analyst upgrades over the last quarter. Despite a challenging macroeconomic environment, brokerages are optimistic about the long-term prospects of these…
The Market Rollercoaster: A Test of Investor Patience The Indian stock market has been nothing short of a wild ride. After a volatile 2024, February 2025 continued to test investors’ patience with sharp fluctuations and bearish trends. The big question now is: will Nifty break a 29-year record with its fifth consecutive monthly decline? Let’s…
U.S. Customs agents began collecting a new 10% tariff on imports from numerous countries starting Saturday, marking a dramatic shift in American trade policy under President Donald Trump. These baseline tariffs took effect at ports, airports, and customs warehouses at 12:01 a.m. ET, representing a full departure from the post-World War II model of mutually…
Washington, DC – In a notable development, US mortgage rates have experienced a sharp increase, reaching their highest point in over two decades. The Surge in Mortgage Rates According to recent data released by Freddie Mac, the average rate for a 30-year fixed-rate mortgage climbed to 7.09% during the week ending August 17. This marked…
Meta’s acquisition of AI startup Manus is a major bet on autonomous AI agents that can act like digital employees for millions of businesses worldwide. It signals a shift from pure AI research to aggressively monetizing AI through subscription-based, task-executing agents integrated across Meta’s apps. What Is Manus? Why Meta Bought Manus Autonomous Agents At Scale What…
Zee Business analyst Kushal Gupta recommends investors consider buying Zydus Lifesciences for a one-year period. As of Monday, May 27, the stock closed at Rs 1,058.6 per share on the BSE, reflecting a 1.6 percent increase, or Rs 17.35 per share. Market Overview On May 27, the domestic equity benchmarks, Nifty 50 and Sensex, closed…
India’s leading private sector bank, HDFC Bank, is scheduled to unveil its fourth-quarter results for FY26 on April 18, 2025. Ahead of the announcement, the bank released its quarterly business update, offering a glimpse into its operational performance. Business Performance at a Glance The lender posted a robust 12% year-on-year expansion in gross advances, reaching…
The Reserve Bank of India (RBI) has taken a significant stride in shaping the landscape of dividend declarations by banks. In a recent development on January 2, the RBI released draft norms, offering a comprehensive framework outlining the eligibility criteria and guidelines for board oversight in the process. Evolution of Guidelines Previously, banks declared dividends…
