Latest business news
US ISM services sector data shows prices paid at two-year high US yield curve steepens post-ISM services data Treasury’s three-year note sale comes in better than expected Bessent says 17 trading partners have very good proposals (Adds comment, Bessent remarks, results of three-year note auction, graphic; updates prices) By Gertrude Chavez-Dreyfuss NEW YORK, May 5…
The relationship between the Indian and US stock markets has evolved significantly, reflecting the distinct economic landscapes and market dynamics of each country. Recently the rolling 1years correlation equation of India to the US stock market has reduced to 0.10 after peaking at 0.96 in Sept 2024. Over the past six months in particular, the…
New Delhi: Payments from state-run companies to the exchequer are likely to cross ₹80,000 crore in FY26, an all-time high, two people familiar with the matter said, citing strong contributions from oil and gas, power, and mining. Robust earnings in these sectors, along with a focus on boosting returns from public sector investments, is expected…
IDFC First Bank Dividend: The private sector lender’s board recommends dividend of ₹0.25 per share, subject to the approval of shareholders. The record date of the dividend is not fixed yet. “We wish to inform that the Board of Directors of the Bank at its meeting held today has inter-alia considered and recommended dividend of…
Major Indian IT players—TCS, Infosys, and Wipro—have reported disappointing Q4FY25 earnings, against the backdrop of major headwinds such as global growth slowdown, persistent demand uncertainty, and concerns over US trade policies. While Indian IT companies’ Q4FY25 results reveal mixed performance on key numbers, the cautious tone of their management for FY26 amid global uncertainties is…
US stock indices edged higher on Tuesday after President Donald Trump hinted at potential exemptions for the 25% tariffs imposed on imports of autos and auto parts. But, worries overnew tariffs on pharma and semiconductor imports kept investors on edge. According to Federal Register filings, the Trump administration was proceeding with probes into imports of…
JD Sports gains on forecasting in line annual profitability UK 30-year gilt yields surge FTSE 100 down 2.9%, FTSE 250 fell 2.5% British stocks ended lower on Wednesday, dragged by heavyweight pharmaceutical stocks, while markets remained focused on tariff escalations between the U.S. and China. The blue-chip FTSE 100 slipped 2.9%, after recording its strongest…