financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
Nov 29, 2023
The growth in revenues largely came from its existing merchants and payment processing stack Wibmo, as new merchant signups continued to be paused for the Indian entity after a Reserve Bank of India (RBI) order.
Trade Setup for November 30: Nifty set for best month of 2023 as record high in sight
Trade Setup for November 30: Nifty set for best month of 2023 as record high in sight
Nov 29, 2023
November has turned out to be the best month of the year so far for the Nifty, with the index gaining 5.5% so far ahead of Thursday's monthly F&O expiry.
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
Jan 15, 2024
  California's New Law: Turning Parking Lots into Affordable Housing   Introduction  In an effort to combat the ongoing homeless crisis, California has enacted a new law that allows religious institutions and nonprofit colleges to convert their parking lots and other properties into low-income housing.   The Law's Provisions  The law, signed by Governor Gavin Newsom, rezones land owned by religious institutions and nonprofit colleges...
Adobe’s CFO is helping steer the company’s path into generative AI
Adobe’s CFO is helping steer the company’s path into generative AI
Jan 15, 2024
  Generative AI: Adobe's Finance Organization Embraces Innovation   Introduction  Adobe, a leading software company, is charging full steam ahead towards a future powered by generative AI products, with finance playing a pivotal role in this transformative journey. Dan Durn, CFO and EVP of finance, technology services, and operations at Adobe, emphasizes the significance of the finance organization's involvement in strategic discussions, understanding...
World >
Market >
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Wednesday Amid Wave of Corporate Earnings
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Wednesday Amid Wave of Corporate Earnings
Aug 6, 2025
08:40 AM EDT, 08/06/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.3% and the actively traded Invesco QQQ Trust (QQQ) was 0.2% higher in Wednesday's premarket activity amid the continuing wave of corporate earnings. US stock futures were also higher, with S&P 500 Index futures up 0.2%, Dow Jones...
Emerson Electric bumps up profit view on lower cost risk from tariffs, firm demand
Emerson Electric bumps up profit view on lower cost risk from tariffs, firm demand
Aug 6, 2025
(Reuters) -Engineering solutions provider Emerson Electric slightly raised its annual profit forecast on Wednesday, banking on reduced cost exposure to tariffs and higher demand for its intelligent devices segment. However, its shares fell more than 7% in premarket trading. The company's intelligent devices business benefited from a rise in demand for its measurement and analytical components, as well as pressure-relief...
US Dollar Falls Early Wednesday Ahead of Weekly Oil Stocks Inventory Data, Fed Appearances
US Dollar Falls Early Wednesday Ahead of Weekly Oil Stocks Inventory Data, Fed Appearances
Aug 6, 2025
07:33 AM EDT, 08/06/2025 (MT Newswires) -- The US dollar fell against its major trading partners early Wednesday ahead of the release of weekly crude oil stocks inventory data at 10:30 am ET. An appearance by San Francisco Federal Reserve President Mary Daly is schedule for 12:45 pm ET, followed by Fed Governor Lisa Cook and Boston Fed President Susan...
Oil Prices Rise as a Report Shows a Larger Than Expected Drop in U.S. Inventories
Oil Prices Rise as a Report Shows a Larger Than Expected Drop in U.S. Inventories
Aug 6, 2025
08:52 AM EDT, 08/06/2025 (MT Newswires) -- Oil prices rose early on Wednesday, for the first time in five sessions, as a report showed a larger than expected drop in U.S. inventories amid strong summer demand. West Texas Intermediate crude oil for September delivery was last seen up US$0.95 to US$66.11 per barrel, while October Brent oil was up US$0.92...
Environment >
Technology >
Personal Finance >
Politics >
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Jul 11, 2023
Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.
Retail >
Business >
US jobless claim applications fall to lowest in 14 weeks
US jobless claim applications fall to lowest in 14 weeks
Jan 5, 2023
Applications for unemployment aid for the week ending Dec. 31 fell by 19,000 to 204,000, the Labor Department reported Thursday. Also Thursday morning, the payroll processing firm ADP reported that the U.S. economy gained 235,000 jobs, well above expectations.
WEF founder heaps praises on Prime Minister Narendra Modi as Davos comes to a close
WEF founder heaps praises on Prime Minister Narendra Modi as Davos comes to a close
Jan 20, 2023
"India is promoting a just and equitable growth for all in the world during its G20 presidency, while also making significant progress on the most pressing domestic challenges. India’s G20 presidency comes at a crucial time, Prime Minister Modi’s leadership is critical in this fractured world," World Economic Forum's Founder and Executive Chairman Klaus Schwab said.
After India, China gives financing assurances to Sri Lanka for IMF bailout package
After India, China gives financing assurances to Sri Lanka for IMF bailout package
Jan 22, 2023
China has given debtridden Sri Lanka the financing assurances required by the IMF to unlock a USD 2.9 billion bailout package for the country, days after India strongly backed the island nation's efforts to secure the loan from the global lender to recover from its worstever economic crisis.
Shell considers exiting UK, German, Dutch energy retail businesses
Shell considers exiting UK, German, Dutch energy retail businesses
Jan 26, 2023
Shell injected nearly $1.5 billion in cash and credit into its British energy retail business in 2022 to help it weather huge volatility in power prices that caused the collapse of several rival UK utilities. Shell Energy Retail, its UK business, has 1.4 million customers, while its German business has 110,000 and the Dutch business 15,000.
Economy >
Cryptocurrency >
Crypto Price Analysis April
Crypto Price Analysis April
Apr 4, 2025
This week, we examine Ethereum, Ripple, Cardano, Solana, and Shiba Inu in greater detail. Ethereum (ETH) Ethereum and most of the market closed March in red and April opened with a tariff war which crashed prices this week. ETH fell by 8% and made a new low against Bitcoin as well. The sentiment is bearish, and the price also made...
Here’s When Coinbase’s XRP Futures Are Expected to Go Live
Here’s When Coinbase’s XRP Futures Are Expected to Go Live
Apr 4, 2025
Coinbase has officially lodged a request with the U.S. Commodity Futures Trading Commission (CFTC) to launch XRP futures. The XRP futures contract is expected to go live on April 21, 2025, pending regulatory clearance. Coinbase’s Latest Offering “Were excited to announce that Coinbase Derivatives has filed with the CFTC to self-certify XRP futures,” the company said in a statement. The...
Crypto Options Traders Turn Bearish as $2.5B Expiry Event Looms
Crypto Options Traders Turn Bearish as $2.5B Expiry Event Looms
Apr 3, 2025
Around 26,000 Bitcoin options contracts will expire on Friday, April 4, and they have a notional value of roughly $2.1 billion. This week’s event is more modest than average and much smaller than last week’s massive end-of-month and end-of-quarter expiry event. The impact on spot markets is likely to be minimal as spot traders are still reeling from the Trump...
Here’s Why Ethereum (ETH) Continues to Bleed, According to CryptoQuant
Here’s Why Ethereum (ETH) Continues to Bleed, According to CryptoQuant
Apr 3, 2025
The past few months have been difficult for the Ethereum ecosystem, with ether (ETH) falling to levels not seen since 2020. ETH is significantly underperforming compared to bitcoin (BTC) and some major cap altcoins. Worse still, the bleeding does not appear to be stopping soon. According to a report by the market analytics platform CryptoQuant, diminished network activity is one...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved