Morgan Stanley Shares Drop Sharply, Lag Broader Market Amid Volatility Fears
Morgan Stanley (NYSE: MS) ended the most recent trading session at $129.49, reflecting a decline of 1.84%, a sharper fall than the S&P 500’s 1.13% drop. The Dow Jones Industrial…
Trump Reports Over $600 Million in Income from Crypto, Golf, and Licensing
In a comprehensive financial disclosure filed on June 13, former President Donald Trump reported more than $600 million in income during the 2024 calendar year, with significant earnings from cryptocurrency…
India May Ease EV Localization Rules Amid China’s Rare Earth Export Curbs
India is reportedly considering relaxing its 50% localization requirement for electric vehicle (EV) manufacturers and component suppliers under its flagship incentive schemes. This shift comes as China’s restrictions on rare…
Amazon Debuts ‘Now’ in Bengaluru, Ignites Quick Commerce Battle
Amazon has formally stepped into India’s fast-growing quick commerce market with the launch of ‘Amazon Now’ in Bengaluru, directly challenging the dominance of existing players such as Blinkit, Zepto, and…
Dow Plunges 750 Points as Israel Hits Iran; Oil Jumps, Airlines Sink on War Jitters
Wall Street plunged on Friday after Israel launched military strikes against Iranian nuclear facilities, triggering an immediate retaliatory response from Tehran and heightening fears of a broader conflict in the…
Trump Offers Conditional Nod to Nippon Steel’s $14.9B U.S. Steel Deal Amid Security Concerns
In a move that has stirred cautious optimism across financial and industrial sectors, U.S. President Donald Trump has issued an executive order suggesting that Nippon Steel’s $14.9 billion bid to…
White House Launches Sweeping Audit of SpaceX Contracts Amid Trump-Musk Clash
In an unprecedented move reflecting the sharp deterioration in relations between President Donald Trump and billionaire tech mogul Elon Musk, the White House has initiated a full-scale review of SpaceX’s…
India Halts Rare Earth Exports to Japan to Safeguard Domestic Supply
In a strategic move to boost self-reliance and reduce dependence on China, India has directed state-run miner IREL to suspend its rare earth exports to Japan, according to sources familiar…
RBI Grants 6-Month Extension to Yes Bank CEO Prashant Kumar Amid CEO Hunt
In a key development, the Reserve Bank of India (RBI) has approved a six-month extension for Prashant Kumar, the Managing Director and Chief Executive Officer of Yes Bank. This extension…
Defence Stocks Surge as Israel-Iran War Escalates; GRSE, BDL, BEL Lead the Rally
Defence stocks rallied sharply on June 13 as geopolitical tensions between Israel and Iran intensified, triggering fresh interest in companies linked to the defence and aerospace sectors. The Nifty India…
