Federal Reserve chair’s warnings send US stocks tumbling; Asian markets show mixed reactions
Wall Street experienced a sell-off triggered by Jerome Powell’s remarks on potential tariff impacts and Nvidia’s export concerns. Powell’s warning about tariffs causing inflation and complicating economic management fueled market…
Sensex rebounds over 500 points after early dip; Nifty near 23,590
Indian markets experienced a downturn on Thursday, ending a week-long upward trend, with Sensex and Nifty plunging in early trade. This decline occurred despite positive closes on Wednesday. The downturn…
‘Victim of current scenario’: Ashneer Grover defends Rs 1.5 crore Blusmart investment amid Sebi crackdown
Ashneer Grover, BharatPe’s co-founder, claims to be a ‘victim’ after SEBI’s action against Gensol Engineering and BluSmart’s operational halt. Grover invested ₹1.5 crore in BluSmart and ₹25 lakh in Matrix.…
ArcelorMittal Nippon Steel to invest Rs 2.6L cr to up capacity
ArcelorMittal Nippon Steel (AM-NS) plans to invest $30 billion in India over the next decade, aiming to increase its steel production capacity to 40 MTPA. The company sees significant growth…
India’s FY25 trade surplus with US grows, deficit with China widens
India’s trade dynamics reveal a shifting landscape, with the US emerging as a key partner, marked by increased exports and a growing trade surplus. Conversely, the trade deficit with China…
Top stocks to buy today: Stock recommendations for April 17, 2025 – IRCTC, Jubilant FoodWorks and Shree Cement
Top stock market recommendations: Nuvama Professional Clients Group’s Aakash K Hindocha recommends buying IRCTC, Jubilant FoodWorks, and Shree Cement. Nifty is poised for a buy-on-dip strategy targeting 24000, while Bank…
Trump tariffs: Fed chief Jerome Powell delivers stark warning
Federal Reserve Chair Jerome Powell cautioned that President Trump’s tariffs could fuel inflation and hinder economic growth, creating a dilemma for the Fed’s dual mandate. Markets reacted negatively, with stocks…
Wipro’s revenue drops 1.2% in Q4 on client caution
Wipro’s performance was impacted by market uncertainties, leading to a cautious approach from clients despite a strong demand for transformation projects. The company’s Q4 results disappointed investors, causing a stock…