Business

US market today: Wall Street slips as Walmart drags S&P 500 toward fifth straight loss, Jerome Powell speech in focus

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US stocks experienced another decline on Thursday, with the S&P 500, Dow, and Nasdaq all posting losses. Walmart’s disappointing profit forecast significantly impacted the market. ...

Climate finance challenge: India needs $467 billion by 2030, here’s what new study reveals

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A new study indicates India requires $467 billion in climate finance by 2030 to decarbonize its power, steel, cement, and transport sectors. Steel and cement ...

Sebi plans pre-IPO trading platform; mulls longer tenure for equity derivatives, aims to curb grey market risks

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Sebi is considering a regulated platform for pre-IPO trading to replace the unregulated grey market, aiming for transparency between allotment and listing. The regulator is ...

China stablecoin shift: Beijing mulls yuan-backed tokens to push global adoption; plans major policy reversal

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China might permit yuan-backed stablecoins. This move aims to enhance the yuan’s global presence. The State Council will review a plan to compete with US ...

Donald Trump’s investments: Where is the US President putting over $100 million? Family not ‘directly involved’

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Financial disclosures reveal that since assuming office in January 2025, President Donald Trump has invested heavily in bonds, exceeding $100 million. These investments, spanning from ...

GST revamp on track: GoM backs Centre’s two-slab plan; accepts scrapping 2% and 28% rates

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A Group of Ministers (GoM) has accepted a proposal to streamline the GST rate structure, reducing it from four slabs to two. The existing 12% ...

‘Looking for a fresh pair of eyes’: Target CEO Brian Cornell to step down; COO Michael Fiddelke named successor

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Target’s CEO, Brian Cornell, will step down in February, succeeded by COO Michael Fiddelke amidst company challenges. The leadership shift occurs as the retailer grapples ...

India’s economic growth at 6.8–7.0% in FY26 Q1; beats RBI estimate: SBI report

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State Bank of India (SBI) analysis projects India’s economy to grow robustly between 6.8% and 7% in the first quarter of fiscal year 2026, exceeding ...

India’s shifting oil map: How did Russia change the trade game? Middle East holds steady; smaller suppliers lose ground

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Russia’s dominance in India’s oil imports has reshaped trading dynamics, impacting smaller suppliers while Iraq, Saudi Arabia, and the UAE maintain significant positions. Despite pressure ...

Gold prices to touch record $3,600 in global markets; economic headwinds, strong investment demand to fuel surge: Report

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Ventura Securities predicts gold prices could reach $3,600 per ounce by year-end. This rally is due to economic issues and investment demand. Comex gold futures ...