US stocks hovered close to record levels on Monday as investors stayed cautious ahead of a key Federal Reserve decision, even as select stocks moved sharply on takeover news and index reshuffles.The S&P 500 was largely flat in early trade and sat about 0.3% below its all-time high set in October, while the Nasdaq Composite…
Meesho’s shares are trading at a grey market premium (GMP) of Rs 40–41 apiece ahead of their stock market debut on Wednesday, December 10, signalling an expected upside of about 36% over the issue price.The initial public offering, which opened on December 3 and closed on December 5, has entered the allotment stage, with the…
Banks across the Asia–Pacific region are displaying stronger capital health than lenders in the United States and Western Europe, Moody’s said in its latest survey. The agency’s comparison of the largest banking institutions across major markets shows Asia–Pacific banks have accumulated strong capital levels under what it describes as tighter and more cautious regulatory oversight.The…
US President Donald Trump is once again floating the idea that tariffs could one day replace federal income taxes in the United States, reviving a proposal that has been the focus of his economic approach since the 2024 presidential campaign.Trump claims that the revenue generated from tariffs is rising fast enough to eventually eliminate the…
India’s defence aviation is set for a major boost, as Tata Advanced Systems and Lockheed Martin begin a dedicated Maintenance, Repair and Overhaul (MRO) facility for the C-130J Super Hercules aircraft. The groundbreaking, that took place in Bengaluru on Monday, marks the latest expansion in the two companies’ long-running industrial ties.The ceremony was attended by…
Flight disruptions continued on Monday (PTI image) NEW DELHI: IndiGo’s operational crisis entered its seventh consecutive day on Monday, with more than 400 large-scale flight cancellations continuing across major airports, leaving thousands of passengers stranded nationwide.Meanwhile, the Supreme Court has declined to hear a plea seeking judicial intervention in the cancellation of hundreds of flights,…
Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting December 8, 2025) are Safari Industries, and JSW Steel. Let’s take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) Safari Industries 2362 2700 14 JSW Steel 1149 1350 17…
US President Donald Trump on Sunday raised concerns about the recent Hollywood deal that shook up the media landscape, Netflix acquisition of Warner Bros. The US president, speaking to the media while arriving for the Kennedy Center Honors awards ceremony on Sunday, said that the proposed multi-billion-dollar acquisition raised concerns about market dominance. The streaming…
NEW DELHI: The online money gaming industry may be crippled after the govt’s ban on their operations, but Korean esports major Krafton — the maker of the popular Battlegrounds Mobile India (BGMI) game — is doubling down on India. The company is lining up investments of around $200 million (around Rs 1,800 crore) for the…
A visiting European Union delegation will meet commerce and industry minister Piyush Goyal on Monday to review progress in negotiations on the proposed India-EU free trade agreement (FTA), as both sides push to conclude talks within a year-end deadline, an official told PTI. The meeting comes amid efforts to narrow differences in critical areas covering…