Admin Switzerland’s decision to suspend India’s Most Favoured Nation (MFN) status marks a significant shift in trade and tax relations between the two nations. This development could bring financial and operational challenges for Indian companies in sectors such as IT, pharmaceuticals, financial services, and engineering goods, while also impacting the stock market. Here’s a detailed look … Read more
Asian stock markets faced widespread declines on Friday, tracking losses on Wall Street and reacting to regional political and economic uncertainties. South Korean equities were among the hardest hit, as the country grappled with a deepening political crisis, while investors remained cautious ahead of critical U.S. labor data. Asian Markets Under Pressure Most Asian indices … Read more
The U.S. stock market ended a mixed trading session on Friday, with major indices showing minimal movement. While the Nasdaq Composite recorded its fourth consecutive week of gains, the Dow Jones Industrial Average and S&P 500 posted slight declines. This divergence reflects shifting investor sentiments amid economic data and expectations for the Federal Reserve’s upcoming … Read more
Swan Energy, a leading player in multiple sectors such as textiles, real estate, and energy, saw its shares soar to new heights on December 11, 2024. The stock surged by 11.44% to a record-breaking ₹797.10 per share, reflecting the growing investor confidence and strong market demand. This rally marks an impressive rise of over 35% … Read more
The Central Warehousing Corporation (CWC) has officially announced the recruitment notification for the year 2024-25, offering a total of 179 vacancies across several departments. This recruitment drive is a great opportunity for individuals seeking government jobs in India, particularly in the warehousing and logistics sector. The detailed notification will be released soon, but the initial … Read more
In a heartfelt post on X (formerly Twitter), Maye Musk, the mother of tech billionaire Elon Musk, shared a personal story from the family’s past, shedding light on the difficult financial times they endured. In her post, Maye described how, during a challenging period, Elon Musk wore the same $99 suit every day while working … Read more
As the global demand for renewable energy intensifies due to climate change and shifting energy dynamics, Azerbaijan and Türkiye have increasingly turned their focus to expanding their cooperation in the green energy sector. The world’s efforts to mitigate the effects of climate change, coupled with Europe’s ongoing push to reduce its reliance on Russian gas, … Read more
Broadcom, the renowned semiconductor giant based in Palo Alto, California, has reported an optimistic outlook for its upcoming Q1 2025 performance, forecasting revenue that exceeds Wall Street expectations. This growth is largely attributed to the surging demand for artificial intelligence (AI) chips, with the company positioning itself to capitalize on the rapidly expanding AI market … Read more
Shares of Exxaro Tiles, a small-cap company known for producing vitrified tiles, experienced a significant drop of over 6% on December 13, 2024, following its stock split. This marks a notable shift for the company, as its shares are now categorized as penny stocks due to the recent market price adjustment. Stock Split Details and … Read more
In a significant achievement for Anil Ambani and his company, Reliance Power has secured India’s largest solar energy project to date. The project, which includes 930 MW of solar capacity and 1,860 MWh of battery energy storage, was awarded by Solar Energy Corporation of India (SECI) following an e-reverse auction. This victory underscores the growing … Read more