๐จ๐จ India's CPI to CAD in safe zone till Iran-Israel conflict remains contained, say experts
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Moneycontrol
India's CPI to CAD in safe zone till Iran-Israel conflict remains contained, say experts
While oil prices are rising in reaction to the escalating conflict between Israel and Iran, for India - a net importer of crude - the key to any macroeconomic fallout depends on how much the current skirmish expends across the middle east.
Air India plane crash impact: Boeing, GE Aerospace stocks extend losses, down up to 2% in pre-market๐
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Moneycontrol
Air India plane crash impact: Boeing, GE Aerospace stocks extend losses, down up to 2% in pre-market
While the exact cause of the crash is not known yet, several analysts have pointed out that the possibility of GE Aerospace's engine failure being the cause may have sent the stock for a spin.
IndusInd Bank proposes Borkar & Muzumdar as joint statutory auditor after RBI's approval
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Moneycontrol
IndusInd Bank proposes Borkar & Muzumdar as joint statutory auditor after RBI's approval
Borkar & Muzumdar is a firm of Chartered Accountants with over 75 years of experience in the field of Assurance, Taxation Consultancy and Financial Advisory Services.
Air India CEO Campbell Wilson assures full transparency and cooperation in Ahmedabad plane crash investigation
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Moneycontrol
Air India CEO Campbell Wilson assures full transparency and cooperation in Ahmedabad plane crash investigation
Campbell Wilson said he also met key stakeholders in the government and assured them that Air India is committed to full cooperation with those working on the ground and to the investigations
#MarketsWithMC | Stocks sink, oil jumps as Mideast tensions build
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Moneycontrol
Stocks sink, oil jumps as Mideast tensions build
The S&P 500 lost over 1%, wiping out this weekโs advance. Airline and travel companies tumbled, while energy producers and defense shares rose.
Delhi to roll out new excise policy, CM Rekha Gupta says social security to be topmost priority
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Moneycontrol
Delhi to roll out new excise policy, CM Rekha Gupta says social security to be topmost priority
The primary objective of this policy is to ensure the availability of quality liquor to the citizens of the capital and to make the sale and distribution system transparent, modern, and accountable.
๐จCovid-19 in India: Active cases at 7,131; Ludhiana logs 2 new infections
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Moneycontrol
Covid-19 in India: Active cases at 7,131; Ludhiana logs 2 new infections
Punjabโs Ludhiana district confirmed two fresh Covid cases on Friday, pushing the number of active cases to 31.
SpiceJet posts record Rs 319 crore Q4 profit, marks first full-year net gain since FY18๐
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https://www.moneycontrol.com/news/business/spicejet-posts-record-rs-319-crore-q4-profit-marks-first-full-year-net-gain-since-fy18-13121194.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
SpiceJet posts record Rs 319 crore Q4 profit, marks first full-year net gain since FY18
This marks the airlineโs second consecutive profitable quarter and, notably, its first full-year net profit since FY18.
Trump orders ICE to halt raids in agriculture, hospitality sectors amid LA protests: Report
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Moneycontrol
Trump orders ICE to halt raids in agriculture, hospitality sectors amid LA protests: Report
President Trump orders ICE to pause enforcement operations in agriculture, hotels, and restaurants, according to internal guidance cited by the New York Times.
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NBFC Hero FinCorp gets Rs 260 crore in pre-IPO round, reduces fresh issue size
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Moneycontrol
NBFC Hero FinCorp gets Rs 260 crore in pre-IPO round, reduces fresh issue size
Hero FinCorp IPO | Shahi Exports and RVG Jatropha Plantation are the largest investors amongst them, acquiring Rs 69 crore, and Rs 50 crore worth shares of Hero FinCorp in pre-IPO round, respectively. Further, Mohan Exports are allotted Rs 25 crore worthโฆ
Air India warns of possible delays on long-haul flights amid Boeing 787 safety checks
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Moneycontrol
Air India warns of possible delays on long-haul flights amid Boeing 787 safety checks
The aviation regulator on Friday ordered Air India to conduct additional maintenance checks on its Boeing 787-8/9 aircraft equipped with GEnx engines,
Nifty at 28,000 by year-end? This founder backs India as global tensions, FPI flows align in its favour๐
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https://www.moneycontrol.com/news/business/markets/daily-voice-nifty-at-28-000-by-year-end-this-founder-backs-india-as-global-tensions-fpi-flows-align-in-its-favour-13122517.html?utm_medium=social&utm_source=whatsapp&utm_campaign=regular-editorial
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Moneycontrol
Daily Voice: Nifty at 28,000 by year-end? This founder backs India as global tensions, FPI flows align in its favour
Abhishek Banerjee of LotusDew believes lot of macro factors are favouring markets. Geopolitical tensions wonโt ease anytime soon which makes India all the more attractive.
Trump earned $57.7 million from crypto venture, disclosure shows๐
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Moneycontrol
Trump earned $57.7 million from crypto venture, disclosure shows
The financial disclosure, released Friday by the Office of Government Ethics, provided details on his sprawling empire
๐จChinaโs biotech moment ignites a 60% stock rally that beats AI
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Moneycontrol
Chinaโs biotech moment ignites a 60% stock rally that beats AI
The surge in China-listed biotech firms is further evidence that the mainland is becoming a center for global innovation
China holds talks with Iran, condemns Israel's 'brutal' attacks against top officials
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https://www.moneycontrol.com/world/china-holds-talks-with-iran-condemns-israel-s-brutal-attacks-against-top-officials-article-13123287.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
China holds talks with Iran, Israel, condemns 'brutal' attacks against top Tehran officials
China's foreign minister Wang Yi condemned Israelโs attack on Iran and fully backed Tehran in protecting its sovereignty
๐จTurkey denies involvement in maintenance of crashed Air India Boeing 787-8 Dreamliner
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Moneycontrol
Turkey denies involvement in maintenance of crashed Air India Boeing 787-8 Dreamliner
The clarification comes after yoga guru Baba Ramdev made a public statement alleging that an agency from Turkiye used to take care of the maintenance and service of the Air India aircraft.
Dalal Street Week Ahead: FOMC meet, Israel-Iran tension, BoJ, BoE among 10 key factors to watch๐
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https://www.moneycontrol.com/news/business/markets/dalal-street-week-ahead-fomc-meet-israel-iran-tension-boj-boe-among-10-key-factors-to-watch-13123667.html?utm_medium=social&utm_source=whatsapp&utm_campaign=regular-editorial
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Moneycontrol
Dalal Street Week Ahead: FOMC meet, Israel-Iran tension, BoJ, BoE among 10 key factors to watch
The market is expected to continue with cautious mood in the coming week starting from June 16, due to geopolitical tensions and premium valuations, with focus on central banks meetings (Federal Reserve, Bank of England, and Bank of Japan), and monsoon progressโฆ
๐จ Iran launches 'new wave of missile' attack on Israel
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Moneycontrol
Iran launches 'new wave of missile' attack on Israel
The official IRNA news agency also announced the beginning of "a new wave of missiles" launched towards Israel.
Trade setup for June 16: Top 15 things to know before the opening bell๐
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Moneycontrol
Trade setup for June 16: Top 15 things to know before the opening bell
A decisive fall below 24,450 could drive the Nifty 50 down to 24,370โthe upper end of the gap-up opening on May 12. On the upside, immediate resistance is placed at the 24,850โ24,900 levels, followed by 25,000, according to experts.