Day: September 4, 2026

Gold holds near $4,500 as Waller cools Fed hike bets

Domestic equities closed mixed as the Nifty saw a slight decline. Elevated crude oil prices are keeping investor sentiment cautious in the market. Foreign portfolio investors were net sellers, while domestic investors bought shares. The Indian Rupee continued its gaining momentum against the US dollar. Several stocks are currently under the F&O ban period.

Volkswagen announces its plan to cut an additional fifty thousand jobs by 2030 as part of a major restructuring effort aimed at enhancing the company’s competitiveness and profitability. With declining sales and tougher competition from the electric vehicle market, Volkswagen is also exploring alternative uses for four of its German manufacturing plants, signaling a decisive…

Alipay+’s proposal to link with India’s payment system faces national security concerns. Concerns also exist regarding the storage and use of customer data. This proposal was the first from a China-linked entity in the financial sector. India and China are working to maintain peace at the border. Chinese President Xi Jinping’s visit is expected to…

Large-cap firms saw operating margins contract significantly year-on-year. Mid- and small-cap companies experienced lesser margin contractions amid rising costs. These smaller firms also achieved higher revenue and net profit growth rates. Large-cap companies reported modest net profit growth, the slowest in seven quarters. Overall, aggregate operating margins for India Inc. declined.

Trump slams critics over US ammunition shortage claims amid Iran war

An ongoing heat wave serves as a stark reminder of the rising temperatures impacting our oceans. In response, researchers recommend injecting sulfur dioxide into the stratosphere as a cooling strategy that could lessen both the intensity and duration of ocean heat waves. However, this approach does not mitigate ocean acidification, emphasizing the continued need for…

Happy Friday! A91 Partners is backing Sugar Cosmetics in a round that will see the beauty brand’s valuation fall sharply. This and more in today’s ETtech Morning Dispatch.

In 2009, the decision to remove sea dikes from the Nisqually River Delta paved the way for a remarkable transformation, rejuvenating 762 acres of marshland. Young Chinook salmon swiftly adapted to the new tidal channels, fostering their feeding and growth. This comprehensive restoration successfully re-established 21 miles of ancestral tidal channels with Puget Sound, showcasing…

Transforming a cherished family haven into a hub for environmental research, this 535-acre property in North Carolina has been generously donated to the National Park Service. Now known as the Appalachian Highlands Science Learning Center, it plays a crucial role in studying the impacts of climate change and preserving the unique biodiversity of high-elevation ecosystems….