This commentary first appeared on Forbes Great Speculations, where Schaeffer’s Investment Research is a regular contributor. Though Synchrony Financial (NYSE:SYF) stock sports a 50.6% nine-month lead, it has struggled so far in 2026, last seen carrying a 6.3% deficit for January. Shares gapped lower after hitting a Jan. 9, record high of $88.77, though newly formed resistance-turned-support at […]
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 […]
California law enforcement reported seizing and destroying a record 377,010 pounds of illicit cannabis worth $609 million in 2025, Gov. Gavin Newsom’s office said Tuesday. But with illegal cultivation outpacing the regulated market by nearly a factor of 10, more drastic action than further tax cuts might be needed to rescue beleaguered small cannabis farmers. […]
TVS Motor Co. Ltd. has reported its highest ever quarterly earnings, on the back of sales which too are at a record. TVS Apache RTX 300 is the first adventure tourer from the brand. (HT) Standalone net profit of the Chennai-based automaker rose 52% over the year-ago period to ₹940 crore in the three months […]
The Indian rupee plunged to a fresh all-time low today, as dollar demand from corporates and importers outweighed early moves and compounded existing pressure on the currency. The rupee has fallen 5.3% against the US dollar so far this year, putting it on track for its steepest annual decline since 2022. (Reuters) The rupee slipped […]
Air India Ltd. is set to report a record annual loss after last year’s deadly crash and airspace shutdowns wiped out progress toward a turnaround, according to people familiar with the matter. FILE PHOTO: Branding for Air India is seen on an Airbus A350-900 at the Farnborough International Airshow, in Farnborough, Britain, July 24, 2024. […]
Gold and silver prices jumped to record highs as US President Donald Trump’s intensifying push to take over Greenland spurred fears of a damaging trade war between the US and Europe. Citigroup has forecast that gold would reach $5,000 an ounce within three months, and silver would get to $100. (Reuters) Spot gold traded near […]
NEW DELHI: India’s aviation regulator on Saturday imposed a record ₹22.2 crore penalty on IndiGo and issued warnings to six senior executives, including the chief operating officer, after its inquiry found the airline’s “overriding focus on maximising utilisation” of crew and aircraft through aggressive cost-cutting drove December’s operational meltdown that stranded over 300,000 passengers. Stranded […]
Institutional investments in Indian real estate surged 68% year-on-year to a record $3.73 billion during the October–December quarter of 2025. Commercial assets continued to attract the largest share of investments during the quarter, driven by strong demand from global capability centres (GCCs). The segment accounted for 63% of total inflows, valued at $2.3 billion, according […]