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Federal Reserve Chairman Kevin Warsh is reviewing interest rate policy and balance sheet management. The central bank is examining the ample-reserves regime and its bond holdings. Warsh indicated a full return to pre-crisis policies is unlikely for the Fed. He stated any changes to the balance sheet would be deliberated and public. The Fed’s balance…
Gold prices saw a slight increase on Wednesday as inflation data eased rate hike worries. Renewed Middle East conflict and rising oil prices, however, limited gains for the precious metal. Traders now anticipate a lower probability of a U.S. interest rate increase this year. Investors await China’s economic data, which could impact gold demand from…
Market participants estimate the Kusumgar IPO’s grey market premium at around Rs 162, or nearly 39% above the upper issue price of Rs 419 per share. This implies an estimated listing price of about Rs 581.
The 200 DMA is a key indicator traders use to determine the overall trend in a particular stock.
Life insurers anticipate slower premium growth amid economic uncertainty and geopolitical tensions. Health insurers are poised for strong performance, driven by sustained demand and improved affordability. General insurers will likely face continued pricing pressures in motor and commercial insurance lines. Axis Max Life and SBI Life are projected to lead retail APE growth among private…
South Korea’s AI stock boom is now a cautionary tale of leverage’s power. SK Hynix’s plunge triggered billions in stock sales, deepening the Kospi’s slide. Leveraged products and concentrated index weightings amplified market swings in both directions. This dynamic is now being watched globally as Korea is central to the AI hardware supply chain. Regulators…
Markets traded under pressure amid renewed geopolitical concerns on Tuesday. Several companies like Groww and Infosys will be in focus today. Anand Rathi Share reported a significant profit rise for the June quarter. IDBI Bank clarified reports regarding a potential Fairfax Financial offer. Tata Elxsi announced an 18.2% profit increase supported by strong tech spending.
Life insurers anticipate slower premium growth amid economic uncertainty and geopolitical tensions. Health insurers are poised for strong performance, driven by sustained demand and improved affordability. General insurers will likely face continued pricing pressures in motor and commercial insurance lines. Axis Max Life and SBI Life are projected to lead retail APE growth among private…
India’s net direct tax collections increased by 16.4 percent to ₹6.51 lakh crore. Corporate tax collections saw a significant 22 percent rise during this period. Non-corporate tax collections grew by 11.7 percent, showing broad-based growth. Refunds issued also increased by 14.6 percent compared to last year. These figures indicate robust revenue growth for the current…
Vedanta’s chairman sees five demerged entities reaching $100 billion valuations. The company plans significant production increases across aluminium, oil, and steel. Expansion targets are set for power generation and nuclear energy ventures. Vedanta also aims to boost zinc, lead, silver, and copper output significantly.