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BIZARRE: 2 | Mind Blowing Facts

S&P affirms India ratings at 'BBB/A-2' with 'stable' outlook

S&P affirmed India's sovereign ratings at BBB/A-2 with a stable outlook. Strong economic fundamentals will help India withstand near-term pressures. Growth is expected to moderate this fiscal year due to shocks. However, diversification and investment will support future economic expansion. Fiscal consolidation is expected to gradually reduce government debt levels.

The Economic Times

Stocks Slip Ahead of Nvidia Earnings as Bond Yields Rise

The S&P 500 Index ($SPX ) (SPY ) is down by -0.02% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.10%. E-mini S&P futures (ESU26 ) are down -0.03%, and September E-mini...

Barchart

Stocks Slightly Higher on Mixed US Economic News

The S&P 500 Index ($SPX ) (SPY ) is up by +0.04% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.01%. E-mini S&P futures (ESU26 ) are up +0.03%, and September E-mini...

Barchart

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India’s flights may stay expensive even as fuel gets cheaper: S&P

Asia-Pacific airlines may maintain higher airfares as passenger demand remains strong. This strategy allows carriers to recover elevated operating costs and bolster financial buffers. Jet fuel prices surged earlier but have since eased, though volatility persists. Airlines expect margins to improve from the fourth quarter with seasonal demand increases. Growing…

The Economic Times

Stocks Rebound as Crude Oil Weakness Knocks Bond Yields Lower

The S&P 500 Index ($SPX ) (SPY ) is up by +0.40% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.94%. E-mini S&P futures (ESU26 ) are up +0.35%, and September E-mini...

Barchart

Sambhal temple-mosque row: Supreme Court postpones hearing to September 29

A court hearing for the Shahi Jama Masjid-Harihar temple dispute was postponed to September 29. This postponement occurred due to an interim stay imposed by the Supreme Court in November 2024. The legal dispute began when Hindu petitioners claimed the mosque was built over a temple. Following a court-ordered survey,…

The Economic Times

Heatwave health risks threaten insurer earnings, rating agency S&P warns

Rise in claims linked to heat-related deaths and illness, especially among older people, could drive up premiums

The Guardian - UK

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SK hynix Could Close Its Valuation Gap Soon, Says Wedbush. That’s Good News for SKHY Stock.

SK hynix’s share buyback could help its stock close the valuation gap, according to Wedbush.

Barchart

People will wipe out Samajwadi Party in next UP assembly polls: Yogi Adityanath

Uttar Pradesh Chief Minister Yogi Adityanath criticised the Samajwadi Party's agenda. He claimed the opposition party neglected the needs of the poor. Adityanath announced increased benefits for mid-day meal cooks in government schools. He stated his government prioritises the state's development and public safety. The Chief Minister vowed to permanently…

The Economic Times

'The fight is against BJP': Akhilesh Yadav says SP won't break alliances

Samajwadi Party chief Akhilesh Yadav affirmed his party's commitment to existing alliances. He accused the ruling Bharatiya Janata Party of pursuing policies that benefit large business groups. Yadav highlighted rising prices of essential commodities and questioned government claims on per capita income. He also alleged deliberate weakening of primary education…

The Economic Times

Stocks Settle Higher as Crude Oil Prices Stabilize

The S&P 500 Index ($SPX ) (SPY ) closed up by +0.43% on Friday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up by +0.98%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.33%. E-mini S&P futures (ESU26 ) rose +0.37%, and September E-mini...

Barchart

Dollar Ends Little Changed as Stocks Rally

The dollar index (DXY00 ) fell by -0.02% on Friday, holding just above Thursday’s 3.25-month low. Strength in stocks on Friday reduced demand for dollar liquidity. The dollar is still weighed down by negative carryover from Wednesday, when the US Treasury boosted liquidity and announced plans to increase buybacks of...

Barchart

Stocks Supported as Crude Oil Stabilizes

The S&P 500 Index ($SPX ) (SPY ) is up by +0.38% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.69%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.09%. E-mini S&P futures (ESU26 ) are up +0.37%, and September E-mini...

Barchart

Dollar Little Changed as Stocks Climb and Crude Oil Stabilizes

The dollar index (DXY00 ) is down by -0.03% today, holding just above Thursday’s 3.25-month low. Strength in stocks today has reduced demand for dollar liquidity. The dollar is still weighed down by negative carryover from Wednesday, when the US Treasury boosted liquidity and announced plans to increase buybacks of...

Barchart

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The Economic Times

Akhilesh Yadav attacks Centre over E20 petrol, cites CEA's reported backing for E10

Samajwadi Party's Akhilesh Yadav questioned the government's stance on E20 petrol. He cited an economic adviser's reported concerns about potential vehicle damage. Yadav stated motorists face higher maintenance costs due to the new fuel blend. The government introduced E20 petrol to reduce emissions and oil imports.

The Economic Times

Maharashtra SIR: Over 2 crore voter forms uncollected; NCP (SP) MLA Rohit Pawar raises objections

More than two crore voter forms remain uncollected in Maharashtra during the ongoing revision process. Electors were either absent, deceased, or had shifted their residences, according to official data. NCP (SP) MLA Rohit Pawar raised objections regarding the exclusion of these voter names. He claimed that around 34 lakh voters…

The Economic Times

Cabinet reshuffle very soon, new BJP, NCP faces may be inducted: Ramdas Athawale

Union Minister Ramdas Athawale anticipates a cabinet reshuffle very soon. New faces from the BJP and ally NCP are expected to join the government. Athawale urged the Sharad Pawar-led NCP (SP) to join the ruling NDA. He also stressed the importance of upholding constitutional reservation rights. Abhijeet Dipke was also…

The Economic Times

Legitimate overseas donations for education, healthcare should not be obstructed: Supriya Sule

Supriya Sule urged that legitimate foreign donations for education should not be obstructed. She stated the government should not rush the proposed Foreign Contribution Regulation Bill. Concerns were also raised about the condition of Maharashtra's old ashram schools. An average of nearly one student died daily in these schools over…

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Tom’s Hardware

AMD borrows $4.75 billion for 'general corporate purposes' — company gives no insight into how it plans to spend cash injection

In a surprising move, AMD announces plans to raise $4.75 billion and does not give a clue how it plans to spend them.

The Economic Times

S&P assigns investment-grade rating to IDFC FIRST Bank. Can it lift the stock?

S&P Global Ratings has assigned IDFC FIRST Bank an inaugural investment-grade rating of BBB- for the long term, with a Stable Outlook. The rating is expected to strengthen the lender’s access to global funding markets and support international operations. S&P also highlighted strong capitalization, improving profitability, stable asset quality and…

The Economic Times

State Bank of India's successful dollar debt sale prompts Bank of Baroda to test waters, bankers say

Bank of Baroda is actively seeking dollar funding avenues to bolster its operations, inspired by the successful foreign-currency bond issuance led by State Bank of India. The bank is considering a dual-tranche bond sale with maturities of three and five years. Indian banks are keen on dollar borrowings as they…

The Economic Times

Mithilesh Desai: Viral mystery man talking to PM Narendra Modi is India’s ‘Jackfruit King’ who uses blockchain to cultivate 80+ varieties

Mithilesh Desai, a farmer and entrepreneur from Maharashtra, caught attention after a video showed him speaking with Prime Minister Narendra Modi at Revati Sule’s wedding reception in Delhi. Desai is known as India’s “Jackfruit King” for his work on jackfruit cultivation, research and processing.

The Economic Times

Tata Sons’ IPO can take a page from a Hong Kong titan

Tata Sons faces a mandatory stock market listing due to regulatory pressures. The company's holding structure creates shareholder tension and illiquidity issues. Jardine Matheson simplified its structure by buying out a subsidiary.

Barchart

Stocks Settle Lower Ahead of Wednesday’s CPI Report

The S&P 500 Index ($SPX ) (SPY ) closed down -0.32% on Tuesday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.33%. September E-mini S&P futures (ESU26 ) fell -0.35%, and September E-mini Nasdaq futures...

Barchart

Stocks Finish Lower as Soaring Crude Prices Spur Inflation Fears

The S&P 500 Index ($SPX ) (SPY ) closed down -0.06% on Monday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.34%. September E-mini S&P futures (ESU26 ) fell -0.07%, and September E-mini Nasdaq futures...

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