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Wall Street extends rally on tech strength; Middle East deal stays in focus
USA-STOCKS/ (UPDATE 5):US STOCKS-Wall Street extends rally on tech strength; Middle East deal stays in focus
Codelco Chair Signals Shift Toward Copper Profit Over Growth
Codelco’s new chairman signaled a shift toward profitability over production volume at his first board meeting leading the Chilean state-owned copper giant.
Fed officials mull raising rates to curb growing inflation risk
Federal Reserve officials signalled potential rate hikes if Middle East tensions drive a prolonged energy shock and keep inflation elevated. Policymakers, including Michelle Bowman, warned…
Rupee rout grounds IndiGo, airline slips to FY26 loss
IndiGo swung to a ₹2,393.6 crore loss in FY26, its first since FY23, as an 11% rupee depreciation inflated dollar-denominated lease costs. Weak demand, falling…
Asian Paints flags West Asia war as demand risk despite strong FY26 earnings
Asian Paints posted revenue and profit ahead of Street estimates in FY26, driven by cost efficiencies and price hikes. But the West Asia war, sticky…
Supreme Court provides relief to Reliance in 2007 securities market fraud case
Reliance Industries Ltd received relief from India's Supreme Court. The court overturned a lower court ruling and a 2020 order by the markets regulator. This…
EU's six biggest economies agree on capital markets supervision
Europe's six largest economies have agreed to back more centralized supervision of capital markets. This move is crucial for integrating Europe's financial markets. The goal…
Wall St regulator proposes to scrap Biden-era climate rule
The U.S. Securities and Exchange Commission is proposing to remove rules requiring companies to disclose climate-related risks and spending. These regulations, adopted in 2024, faced…
PB Fintech sees Rs 665 crore block deal as founders pare stake; Goldman among other top funds buy
PB Fintech founders Yashish Dahiya and Alok Bansal sold 38 lakh shares worth Rs 665 crore in a block deal. The shares were purchased by…
Sebi slaps ₹29 crore penalties on Suzlon Energy, former executives for financial misrepresentation
Sebi said Suzlon structured transactions between its subsidiaries in a manner that artificially inflated profits, net worth and investor perception, even though the dealings lacked…
Danish pension fund excludes SpaceX citing governance and valuation
Danish pension fund Akademikerpension has excluded SpaceX from its investments. The fund cited concerns over the company's governance structure and its high valuation. Akademikerpension believes…

