Blue-blooded fund manager Schroders is set to be sold to American rival Nuveen in a £9.9bn deal that will end more than two centuries of independence and deliver another setback to the London Stock Exchange. Nuveen, part of the Teachers Insurance and Annuity Association of America (TIAA), has agreed to acquire Schroders for 612p per […]
The White House has revised its fact sheet on the India-US trade deal, removing a reference to pulses and adjusting language around New Delhi’s offer to buy more American goods. Prime Minister Narendra Modi and US President Donald Trump at the White House in Washington D.C. (Reuters File) In a previous version of the India-US […]
Dhaka has secured a reduced 19% tariff under a US-Bangladesh trade deal signed on Monday, with exemptions on textiles and garments made using raw material imported from the US. Muhammad Yunus, chief advisor heading Bangladesh’s interim government. (ANI) Muhammad Yunus, chief advisor heading Bangladesh’s interim government, said Washington D.C. had “committed to establishing a mechanism […]
Netflix chief global affairs officer Clete Willems discusses the company’s planned acquisition of Warner Bros. Discovery and the Department of Justice’s antitrust probe into the deal on ‘The Claman Countdown.’ Netflix chief global affairs officer Clete Willems addressed a newly launched federal probe into the company’s proposed acquisition of Warner Bros. Discovery Monday on “The […]
Sensex and Nifty 50 opened in the green on Monday, February 9, tracking positive global cues and optimism around the interim India–US trade framework announced last week. The Sensex was trading at 84,177 , up 597 points, while the Nifty 50 hovered around 25,800, gaining 150 points in early trade. A man walks past the […]
The successful conclusion of an interim trade framework agreement between India and the US will boost investor confidence, strengthen the foundation for capital flows, and deepen market participation as India integrates further with the world economy–directly advancing the vision of Viksit Bharat, said Sundararaman Ramamurthy, MD and CEO, Bombay Stock Exchange (BSE). “The successful conclusion […]
We recently published 10 Easy Double-Digit Gainers. Corning Incorporated (NYSE:GLW) was one of the best performers last week. Corning grew its share prices by 18.3 percent week-on-week to hit a new all-time high, as investors cheered its stellar earnings performance and new billion-dollar partnership with Meta Platforms Inc. On Friday alone, the stock jumped to […]
The Automotive Component Manufacturers Association of India (ACMA) welcomes the announcement of the Interim Trade Agreement framework between India and the United States, reflecting a shared commitment to strengthen bilateral trade, manufacturing cooperation and resilient supply chains between the two economies. The US and India announced in a joint statement that they have reached a […]
India Index founder and CEO Samir Kapadia discusses the benefits of President Donald Trump’s trade deal with India on ‘Mornings with Maria.’ The U.S. and India have reached an interim trade deal that would lower tariffs on both countries, a joint statement Friday revealed. “The Interim Agreement between the United States and India will represent […]
Motilal Oswal Private Wealth is advising investors to adopt a balanced allocation strategy — anchoring portfolios with large-cap or hybrid funds, and complementing them with staggered exposure to midand small-caps — with sentiment improving following the finalisation of the India-US trade deal. “Investors could allocate 50% to large caps and hybrids, 40% to mid and […]