FM Nirmala Sitharaman will announce the last full-year budget before Prime Minister Narendra Modi seeks a third term in elections in 2024. US stocks got a boost on Tuesday ahead of Fed’s rate hike decision. The market expects a hike of 0.25% which will be the smallest hike since March 2022. 01 Feb 2023, 07:24:55 … Read more
The US Justice Department is poised to sue Alphabet Inc.’s Google as soon as Tuesday regarding the search giant’s dominance over the digital advertising market, according to people familiar with the matter. The case is expected to be filed in federal court before the end of the week, said the people, who asked not to … Read more
Humira, the injectable biologic treatment for rheumatoid arthritis, now faces its first competition from one of several copycat “biosimilar” drugs expected to come to market this year. Some patients spend $70,000 a year on Humira. JB Reed/Bloomberg via Getty Images hide caption toggle caption JB Reed/Bloomberg via Getty Images Humira, the injectable biologic treatment for … Read more
Adani stocks continued to bleed on Monday despite a lengthy rebuttal released by the group. Globally, investors remain cautious ahead of Fed’s interest-rate decision and earnings from big-tech companies including Apple and Alphabet. 31 Jan 2023, 07:42:44 AM IST Banks wary of giving new loans to Adani group even as RBI takes stock Local lenders … Read more
Bitcoin is set for its best January since 2013 on bets that monetary tightening and the crypto-sector crisis are both ebbing. The largest token is up 39% since the turn of the year, a first-month gain bettered only twice before when crypto was in its infancy. Smaller coins like Solana, Axie Infinity and Decentraland have … Read more
Indian shares opened higher on Monday and ended in green in a volatile session ahead of the Union budget as Adani Group extended a decline after the Hindenburg report last week triggered a sell-off over the previous two sessions. The Indian equities opened higher on Monday as Sensex gained 170 points while Nifty 50 nears … Read more
One NFL team has apparently dropped out of the Tom Brady sweepstakes. The Dolphins are not expected to pursue the Buccaneers quarterback if he decides to return for a 24th season, according to ESPN’s Adam Schefter, who reported that Miami is committed to Tua Tagovailoa as their starter in 2023. Brady, who turns 46 in … Read more
Adani stocks lead the market surge with Adani Enterprises and Adani Ports gaining 10%. Bajaj Finance and Bajaj Finserv have also gained in early trade. SBI Life, Power Grid and HUL are among the major laggards 30 Jan 2023, 09:42:51 AM IST PSU Bank index jump after remaining under pressure in the previous sessions; all … Read more
Indian market touched a new milestone on January 27 by fully transitioning to the ‘T+1’ settlement option. Simply put, all trades in the equity segment will be settled within 24 hours. With that, the Indian stock market has emerged as a trend setter for developed countries. This shorter settlement cycle is likely to improve market … Read more
Millions of men in their prime working age are leaving the labor force, creating a hole in the market – CBS News Watch CBS News Around seven million men in their prime working age neither have jobs nor are looking for one, creating a huge hole in the labor market and costing businesses in male-dominated … Read more