‘The Big Money Show’ panel reacts to cooler-than-expected inflation data, falling energy prices and growing expectations for multiple Fed rate cuts in 2026. Americans are getting some relief from lower gasoline prices, which the latest inflation data from the Labor Department shows have declined substantially over the last year. The Bureau of Labor Statistics on Friday […]
Asian equities advanced for a fifth day, stretching their lead over US peers this year as relatively cheap valuations and firmer growth prospects lured buyers. Treasuries extended their losses after stronger US jobs data. The MSCI Asia Pacific Index rose 0.4% to a record. The gauge is up around 13% so far this year, its […]
Shares of Paytm parent, One97 Communications Ltd, slipped 4 per cent on Friday even after the company swung to profit in the December quarter, as investors weighed largely in-line results and near-term concerns around incentives from the RBI’s Payments Infrastructure Development Fund (PIDF) scheme. The stock declined as much as 4 per cent and was […]
Apple has reported its strongest-ever quarterly iPhone sales, helping to lift overall revenues despite weaker performance in other parts of the business. In results published on Thursday, the US technology giant said total revenue rose to $144bn (£82.5bn) in the final three months of last year, driven by record sales of the iPhone. Apple said […]
The Indian rupee hit a record low against the dollar on Thursday, pressured by dollar demand linked to the maturity of non-deliverable forward positions and corporate hedging, while the central bank likely intervened to hold it above the psychologically significant 92 level. The rupee ended the session at 91.9550 per dollar, down 0.2% from its […]
India’s gold demand is likely to fall in 2026 following a drop of 11% last year, as a surge in prices dampens jewellery sales and offsets an uptick in investment buying, the World Gold Council said on Thursday. Higher gold prices have historically spurred Indians to sell jewellery and coins, but that hasn’t been the […]
Mumbai: Auto stocks fell as much as 4.3% on Tuesday after reports said India may slash tariffs on vehicles imported from the European Union (EU) as part of the India-Europe free trade agreement, raising fears of increased competition from European carmakers. Analysts said the decline was largely sentiment-driven, with limited impact seen in the near […]