Infosys’ American Depositary Receipts (ADRs) slumped more than 7% on Thursday, touching an intraday low of $14.59 in early trade, while Wipro’s ADRs fell 5.4% to $2.26. The sharp decline follows a steep sell-off in IT stocks on Indian exchanges, with weakness spilling over to Wall Street. The broader US tech rout added to the […]
Shares of legal software firms and other data service companies plunged on Tuesday after Anthropic released a new AI automation tool that investors worry could eat into much of their core businesses. RELX Plc and Wolters Kluwer NV, both providers of professional analytics, fell more than 10%. Other software companies dropped, credit-reporting firm Experian Plc […]
Gold prices fell, following its biggest plunge in more than a decade, and silver whipsawed in choppy trading after a dramatic pullback from record highs. A one kilogram gold bar at a Goldenmark bullion dealer arranged in Warsaw, Poland. (Bloomberg) Spot gold fell as much as 6.3% on Monday. Silver swung sharply, dropping to around […]
Stocks dropped and precious metals deepened their losses on Monday, underscoring the fragile sentiment in markets after a choppy end to the week on Wall Street. The yen weakened. Asian shares fell 0.5% and Nasdaq 100 Index futures tumbled as much as 1%. The dollar strengthened against most of its Group-of-10 peers, especially against the […]
The under-pressure Indian rupee is poised to open higher on Tuesday after the dollar slumped to a four-month low, hit by the rally in the Japanese yen and unease over President Donald Trump’s erratic policymaking. The 1-month non-deliverable forward indicated the rupee will open in the 91.68-91.72 range versus the US dollar, having settled at […]
Shares of India’s largest cigarette maker ITC Ltd. fell the most in six years after the government imposed higher tax on tobacco products. ITC is India’s largest cigarette maker, drawing 40% revenue from the product category. (Reuters) From 1 February 2026, cigarettes will be charged an excise duty of ₹2,050-8,500 per 1,000 sticks, according to […]
(Bloomberg) — China’s property market is bracing for a worsening crisis at state-backed China Vanke Co., as the builder struggles to convince investors it can avoid default in the months ahead without clearer signs of government support. China’s property market is bracing for a worsening crisis at state-backed China Vanke Co., as the builder struggles […]
Gold prices slid below $4,000 an ounce, extending losses from the worst rout in over a decade as progress on a US-China trade deal sapped haven demand. $3,500 an ounce is a level that “would be healthy for the gold market, because it still would be a ridiculously high price”. (Reuters) The spot gold prices […]
India’s exports to the US fell in the first full month since 50% US tariffs on Indian goods came into effect, underscoring the country’s reliance on its biggest export market. Imports increased. Nearly 55% of India’s exports to the US were affected by the tariffs. (Reuters) India’s US exports fell 11.93% year-on-year to $5.46 billion […]
Updated on: Oct 15, 2025 08:53 am IST Tata Motors shares fell nearly 40% in early trade on October 14, 2025, after the company completed its demerger into two separate entities Tata Motors shares fell nearly 40% in early trade on October 14, 2025, after the company completed its demerger into two separate entities — […]