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Domestic stock markets remained closed on April 3 in observance of Good Friday, with trading set to resume on Monday, April 6. The closure applies to both major exchanges Bombay Stock Exchange and National Stock Exchange leading to an extended weekend break for market participants. Key Announcements / Highlights Trading Halt Across All Segments There…
Global equity markets showed signs of renewed weakness on April 2, as rising geopolitical uncertainty weighed heavily on investor sentiment. Fresh remarks by Donald Trump dampened hopes of a near-term ceasefire in West Asia, triggering widespread selling across Asian markets. Key Highlights Asian Markets See Broad-Based Decline Equity markets across Asia opened sharply lower, reflecting…
A fresh wave of job cuts across major global technology companies including Meta, Nokia, Flipkart, and Oracle has reignited a critical question within the industry: are layoffs being driven primarily by geopolitical uncertainty, or do they reflect a deeper structural shift toward artificial intelligence (AI)? While global tensions and economic volatility have been cited as…
In a major development reflecting the shifting priorities of the global technology industry, Oracle has begun a fresh round of layoffs in 2026, with reports indicating that thousands of employees are already being affected and broader estimates suggesting that job cuts could eventually reach tens of thousands. The layoffs come amid a sweeping restructuring effort as the…
India’s benchmark equity indices staged a strong comeback on Wednesday, with the BSE Sensex surging nearly 1,900 points and the Nifty 50 reclaiming the 22,900 mark, signalling a sharp recovery after recent bouts of volatility. The rally was broad-based but led prominently by gains in energy and information technology stocks, reflecting renewed investor confidence following…
Indian equity markets witnessed a sharp correction in March, with investors collectively losing an estimated ₹5.1 trillion in market value during the downturn. The sell-off, driven by a mix of global uncertainties and domestic valuation concerns, has unsettled retail and institutional participants alike, prompting questions about near-term strategy and long-term positioning. What Triggered the March…
Gold prices in India edged higher on March 31, with modest gains recorded across major bullion markets, while silver rates remained largely unchanged. The movement reflects cautious investor sentiment and steady global trends influencing domestic pricing. Key Highlights Gold Prices See Mild Uptick Gold rates registered a marginal increase in early trade across key cities….
Senior Congress leader Ramesh Chennithala has alleged large-scale irregularities in a proposed software project under Kerala’s Cooperative Department, claiming the issue could involve financial discrepancies amounting to ₹700 crore. The allegations were made during a media interaction in Thiruvananthapuram on Thursday, bringing the project under political scrutiny. Key Announcements / Highlights Official StatementChennithala alleged that…
Wall Street decline and European losses reflect caution, while Asian markets trade unevenly amid geopolitical concerns. IntroductionGlobal financial markets showed mixed trends on Thursday as investors reacted to ongoing uncertainty surrounding tensions involving the United States, Israel and Iran. While US and European markets closed lower in the previous session amid rising geopolitical concerns, Asian…
S&P Global Ratings has revised India’s GDP growth forecast upward to 7.1% for the financial year 2026–27, signalling continued economic resilience even as geopolitical tensions in West Asia pose potential risks. The updated projection, released on Wednesday, places India among the fastest-growing major economies globally, supported by steady domestic demand and improving investment activity. Key…
India’s long-running attempt to privatise IDBI Bank may be nearing an uncertain conclusion, with reports suggesting the five-year disinvestment process could end without a confirmed buyer. The planned strategic sale, led by the Government of India and Life Insurance Corporation of India, was expected to mark one of the country’s biggest banking privatisation efforts. However, delays, regulatory complexities, and…
Indian stock markets came under pressure as the benchmark BSE Sensex dropped more than 500 points, reacting to a sharp surge in global oil prices after reports of Iranian strikes targeting shipping routes in the Gulf region. The decline reflects growing investor concern about rising geopolitical tensions and the potential impact on global energy supply. Brent…
