Since the outbreak of the conflict in the Middle East about a month ago, analysts have focused primarily on energy market data. On March 2, Iran announced the closure of the Strait of Hormuz, a waterway responsible for transporting about one-fifth of global oil and gas supplies. Since then, oil prices have surged sharply. Prices jumped to more than $110...

The Australian dollar fell in Asian trading on Wednesday against a basket of global currencies, extending its losses for the fourth consecutive day against its US counterpart and moving lower toward a seven-week low, following the release of key inflation data in Australia. The data showed an unexpected slowdown in Australian inflation in February, easing inflationary pressures on policymakers at...

The Japanese yen rose in Asian trading on Thursday against a basket of major and minor currencies, beginning to recover after two days of losses against the US dollar, benefiting from a slowdown in the US currency, as traders assess the likelihood of a halt in the Iran war. As inflationary pressures on policymakers at the Bank of Japan ease,...

The British pound held steady during Wednesdays trading, as traders remained cautious about efforts to end the war between the United States and Israel on one side and Iran on the other, while assessing the potential economic implications of the conflict. Sterling recorded little change against the US dollar, trading at $1.3402. This came as Israel and Iran exchanged airstrikes,...

Housing Development Finance Corp (HDFC) reported a strong performance in the December quarter with better than expected net interest income.

Brookfield India Real Estate Investment Trust (Brookfield REIT) on Tuesday raised Rs 1,710 crore from 39 anchor investors ahead of its initial public offer (IPO).

Budget 2021 strengthens our case of recovery in India, said Adrian Lim, Investment Director-Asian Equities, Aberdeen Standard Investments on Tuesday. The investment firm has maintained an overweight stance on India and Lim added that the budget was supportive of the current difficult environment.

The shares of Home First Finance Company listed at a premium of 19.45 percent at Rs 618.80 per share as against the issue price of Rs 518 on the NSE. The shares were listed at Rs 612.15 on the BSE.

TikTok, owned by China's ByteDance, has 125 million active monthly users in Indonesia, a country of more than 270 million people. It has been looking to translate the large user base into a major e-commerce revenue source.

Karnataka Chief Minister Siddaramaiah, this policy revision reflects the Karnataka government's commitment to staying ahead of all and fostering growth in this critical sector.

According to a press release, clusters economically viable for drone use will be identified, with 15,000 women SHGs in selected states receiving Central Financial Assistance covering 80% of drone costs, up to ₹8 lakh.

The initiative, conducted in collaboration with IIT Bombay and the Department of Consumer Affairs (DoCA), aims to assess the application of large language models (LLM) in enhancing the efficiency of India's consumer grievance redressal system.

Rahul Gandhi earlier rode an autorickshaw in Telangana as he campaigned for the party ahead of the polling. He also interacted with auto drivers, gig workers, and sanitary workers in Jubilee Hills. Priyanka Gandhi and Rahul Gandhi also addressed the public today. 

They were accused of damaging a police vehicle, shouting slogans and rioting while being taken to a stadium under detention for organising a protest at the Income Tax crossroads in the city to support the cause of sanitation workers of the Ahmedabad Municipal Corporation in September 2016.

Modi led the show for the BJP with 42 public rallies and four big road shows between November 2 and November 27. Shah did an aggressive campaign in the four states as well, notching up 62 rallies and road shows this month.

The state education department made it clear that the total number of holidays proposed for 2024 was 60, the same as the preceding years, which was in accordance with the Right To Education (RTE) Act that postulates a minimum of 220 working days at schools.

10:12 AM EDT, 05/29/2024 (MT Newswires) -- PayPal Holdings ( PYPL ) said Wednesday that PayPal USD, or PYUSD, is now available on the Solana blockchain. The availability of PYUSD on Solana will offer clients the option of multiple blockchains, the company added. In addition to the PayPal ( PYPL ) and Venmo wallets, PYUSD can be purchased on Crypto.com,...

Chewy Inc ( CHWY ) shares gained on Wednesday after the e-commerce retailer for pet supplies reported better-than-expected first-quarter 2024 results. The pet care company reported adjusted EPS of $0.31 compared to the consensus of $0.07 and $0.20 a year ago. The company reported sales of $2.88 billion, up 3.1% Y/Y, marginally above the consensus of $2.85 billion. “Fiscal year...

10:15 AM EDT, 05/29/2024 (MT Newswires) -- Warner Bros. Discovery ( WBD ) unit Warner Bros. Discovery International and Soudah Development, a real estate development firm owned by Saudi Arabia's Public Investment Fund, said Wednesday that they have signed a partnership deal to promote a planned luxury resort in the country. The one-year partnership will focus on promoting Soudah Peaks,...

10:12 AM EDT, 05/29/2024 (MT Newswires) -- Treasure Global ( TGL ) said Wednesday it secured a $2 million contract from ELMU Education Group to implement its Smart Campus Management System. The smart learning systems market is estimated to reach $103.08 billion by 2026, with a compound annual growth rate of 22.5%, the company said, citing Mordor Intelligence. Shares of...

XRP has been trading all high and mighty over the past week, adding more than 32.5% to its price in the interim. It achieved a brand new all-time high and it appears that its riding on the momentum of becoming the 3rd-largest cryptocurrency by means of total market cap, at least at the time of this writing. But while these...

On Monday, Cramer posted an idea for a new acronym that encapsulates two crypto stocks and one with strong ties to the blockchain industry and cryptocurrency markets. New meme acronym: PARC Palantir, Applovin, Robinhood and Coinbase (PARC)v Coinbase, Applovin, Robinhood, Palantir (CARP) which should it be?? @SquawkStreet . Cramer was the one who coined the FAANG acronym back during the...

TL;DR The cryptocurrency market revival in the past ten days or so has benefited certain assets more than others, with the leading meme coin being a prime example. Dogecoins price rocketed to a two-month peak, while whales have started accumulating en masse, and large traders are opening sizeable longs. Whales bought 1.08 billion Dogecoin $DOGE in the last 48 hours!...

Bitcoins price ascent to $120,000 came to a halt yesterday as the asset was rejected once again at that resistance and pushed south by a couple of grand. The altcoins, which were flying high yesterday, have seen even bigger price declines over the past 24 hours, with SUI leading the adverse trend. BTC Stopped at $120K Bitcoin had a spectacular...