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Q4 Metals Preview: Axis Securities, in its report, indicated that in Q4FY25, the EBITDA for steel firms under its coverage, including Tata Steel and SAIL, is anticipated to show a quarter-on-quarter improvement primarily due to increased sales volumes and reduced coking consumption costs, although this will be slightly countered by a minor decline in steel…
Stock market today: The domestic indices, Nifty 50 and Sensex, experienced a slight increase in early trading on Friday following the US decision to suspend significant reciprocal tariffs, although the rise was tempered by ongoing US-China trade conflicts. As of 11:47 IST, the Nifty 50 climbed 2.09% to 22,872.65, while the Sensex advanced 2.03% to…
Stablecoin issuers and exchanges got a boost Friday from the Securities and Exchange Commission after the agency’s staff determined that the assets, generally, aren’t securities. That means they won’t have to be registered with the markets regulator. “The SEC just drew a clear line: stablecoins backed 1-for-1 with high quality liquid assets — like USDC…
