J.P. Morgan Economist Warns of 40% U.S. Recession Risk and Threats to ‘Exorbitant Privilege’
Washington, D.C.: The U.S. economy faces a 40% chance of entering a recession this year, with the risk escalating if trade tensions intensify, according to J.P. Morgan’s chief global economist…
HDFC AMC Shares Extend Losses as Mutual Fund Inflows Decline in February
Mumbai: Shares of HDFC Asset Management Company Ltd (HDFC AMC) continued their downward trend on Thursday, declining up to 3% as February’s mutual fund inflows showed a significant drop. Data…
Blackstone’s Stephen Schwarzman Sees Strong Trade Foundation Between India and the US
Mumbai: Blackstone CEO and Chairman Stephen Schwarzman has expressed optimism about India’s trade relations with the United States, emphasizing that the recent meeting between Prime Minister Narendra Modi and former…
Momentum Funds Plunge Over 20% as Market Selloff Hits Hard
Once High-Flying Funds Now Among Worst Performers Amid Market Downturn Momentum funds, once star performers delivering double-digit gains, have suffered deep losses over the past three months. The recent market…
Sensex, Nifty Edge Higher as Softer US and India CPI Boost Rate Cut Hopes
Market Gains Driven by Cooling Inflation and Robust Industrial Growth Indian equity benchmarks Sensex and Nifty 50 opened higher on March 13, 2025, mirroring the optimism across global markets. The…
Bharti Airtel Transfers 69.94% Stake in Airtel Payments Bank to Airtel Limited
In a strategic internal reorganization, Bharti Airtel has transferred its 69.94% stake in Airtel Payments Bank to Airtel Limited, its wholly owned subsidiary. The telecom giant clarified in a regulatory…
How Markets Are Interpreting Trump’s Economic Policies: Key Insights for Investors
Former U.S. President Donald Trump’s economic policies are shaking up government regulations, taxation, tariffs, and spending in one of the biggest economic transformations in decades. With significant uncertainty around the…
Power Finance Corporation (PFC) Declares Interim Dividend of ₹3.50 Per Share
Power Finance Corporation Ltd. (PFC), India’s leading non-banking financial company (NBFC) in the power sector, has announced an interim dividend of ₹3.50 per share. The Board of Directors approved this…
Government Plans to Redevelop Idle Land of Closed Pharma PSUs for Healthcare & Education
In a strategic move to optimise underutilised public assets, the Indian government is charting out a redevelopment plan for the idle land holdings of closed pharmaceutical PSUs, including Indian Drugs…
Ola Electric Targets EBITDA Breakeven in Q1FY26, Shares Gain 2%
Cost-Cutting Initiative Delivers ₹90 Crore Monthly Savings Ola Electric Mobility Ltd announced on March 12, 2025, that it has successfully concluded its Network Transformation and Opex Reduction Program, a company-wide…