Usa Financial News

03.03 / 06:23
markets Food Research Trade President Department Commerce Minister Piyush Goyal heads to US for trade talks as Trump tariffs loom, officials say
Piyush Goyal started on a trip to the United States on Monday to pursue trade talks, two government officials said, with weeks to go for President Donald Trump's planned reciprocal tariffs. Goyal's visit was sudden, as he departed after cancelling previously scheduled meetings until March 8, the officials said. He is also the minister for industry. India's trade ministry did not immediately respond to an e-mailed request for comment.
03.03 / 06:23
markets economy Bill RAI reports Department Elon Musk turns his attention back on US Federal Reserve, rallies behind the idea to 'end the Fed'
Donald Trump's adviser Elon Musk on Sunday (Eastern time) took to X to retweet a post demanding the closure of America's Central Bank, the Federal Reserve. The post, which showcased a graph, was shared with the caption 'End the Fed', to which Musk wrote 'The Fed is absurdly overstaffed'. This, however, is not the first time that the billionaire tech entreprenuer has rallied behind the idea of scrutinising the top independent body.
03.03 / 06:23
markets Digital XRP Sustainability Experts Bitcoin social Bitcoin breaks $93K: Trump declares ‘US will be crypto capital of the world’ with new Crypto Strategic Reserve
US Crypto Strategic Reserve. In a social media post on Sunday, he revealed that XRP, Solana, and Cardano would be included in the reserve, triggering a market rally. The move aligns with his broader plan to position the US as the global leader in digital assets.
03.03 / 06:23
markets security Strategy PwC Deloitte students Schools Consulting sector leads recruitment at IIM Calcutta's final placements for MBA Class of 2025, with 538 offers from 196 companies
consulting sector emerged the top recruiter with 201 offers — 37.3% of total offers – at the Indian Institute of Management, Calcutta, as the business school announced the completion of its final placements for its flagship MBA programme’s Class of 2025. Overall, 456 students participated in the final placement process, securing 538 offers rolled out by 196 companies despite challenging market conditions, the institute said. Boston Consulting Group (BCG) emerged as the top recruiter in the management consulting cohort while Accenture Strategy led in the strategy consulting cohort. Other consulting firms that participated were McKinsey, Kearney, Alvarez & Marsal, Arthur D Little, Auctus Advisors, EY-Parthenon, Monitor Deloitte, TCS, KPMG, PwC, and Vector Consulting, amongst others.
03.03 / 06:03
markets Provident ETF Strategy trends track blues What is core-satellite investment approach and how it helps grow your portfolio
Subscribe to enjoy similar stories. “In the short run, the market is a voting machine, but in the long run it is a weighing machine." This quote holds significance, especially in building a balanced portfolio that provides growth prospects along with stability in the long run. One way to achieve this is to utilise core satellite investing.
03.03 / 05:47
markets Election President War RAI Zelensky says 'will not be simple' to replace him as Ukraine's leader
US Republicans had suggested he may have to resign after US President Donald Trump dramatically turned against him during a contentious Oval Office meeting about the war with Russia on Friday. «If they replace me, given what is going on, given the support, simply replacing me will not be simple,» Zelensky told British media.
03.03 / 05:47
markets UPS security wellness President peace Europe has the money to save Ukraine. It needs the will
Ukraine’s war effort is fading fast, and Europe will need to pick up the slack. While Sunday’s gathering of European leaders in London included a commitment to keep military aid flowing and to formulate a peace plan, it’s the details that will matter. So far, the US peace strategy has seemed to rest on appeasing the Kremlin — promising territorial concessions, parroting Russian President Vladimir Putin’s talking points and trash-talking the transatlantic alliance. Zelenskiy, on the heels of the leaders of France and Britain, failed to elicit firm security guarantees from the White House last week. The rebuke he received after pressing the matter — “Have you said ‘thank you’ once?” exclaimed Vice President JD Vance — has left relations with the US uncertain. How exactly the White House intends to stop the fighting remains to be seen. But Europe ought to recognize the leverage it does have to shape the endgame, as well as the urgent need to develop more.
03.03 / 01:59
markets economy Election trends Universities show rights America faces a Trumpian economic slowdown
Subscribe to enjoy similar stories. “The golden age of America begins right now." So declared Donald Trump on January 20th in his inaugural address. In the six weeks since that chilly day, investors and economists have started to grapple with a less upbeat possibility: that his arrival in the White House is both causing and coinciding with a period of weakness for America’s economy.
03.03 / 01:31
UPS security President War testing peace Mint Quick Edit | White House quarrel: US power is at stake
Subscribe to enjoy similar stories. Bluntly speaking, power is defined as the ability to bend others to one’s will. The limits of America’s are being tested, as evident in Friday’s showdown at the White House between Ukraine’s Volodymyr Zelensky and US President Donald Trump (along with Vice-President J.D.
03.03 / 01:31
markets Gap trends Trade President War Stocks to buy today: MarketSmith India’s top stock picks for 3 March
Subscribe to enjoy similar stories. The Nifty 50, India's benchmark index, declined by 420 points after US President Donald Trump announced an additional 10% tariff on China and a 25% duty on Canada and Mexico, triggering global trade war concerns among investors. After trading within a narrow range of 22,500–22,800 during a holiday-shortened week, the index fell sharply on Friday, closing around 22,125.
03.03 / 01:07
markets COST FIVE Healthcare hospital reports patient This stock is benefiting from India's growing pediatric healthcare market. Why is this stock is the analyst pick of the week?
perinatal care hospital chain reported good performance in the December 2024 quarter with 18% and 11% year-on-year growth in revenue and PAT respectively. The numbers surpassed Reuters-Refinitiv estimates by 3% and 6% respectively. While revenue growth was supported by increased patient volumes and average revenue per patient (ARPP), a significant jump in other income aided the bottom line. Operational efficiencies aided EBITDA,which grew by 14% year-on-year while the overall occupancy also improved. However, average revenue per occupied bed (ARPOB) declined amid an increase in average length of stay (ALOS) and new bed additions. The company operates 19 hospitals (and five outpatient clinics) across six cities. It has a bed capacity of 1,935 with over 835 doctors. It is benefitting from the growing paediatric healthcare market. Also, India’s low spending on childcare products and services, high birth rate compared to China and the United States, increasing maternity age, increased focus on preventive healthcare, and expansion of medical tourism are some of the tailwinds. Rainbow is distinctive from its peers as it offers the highest number of beds in paediatric intensive care units and neonatal intensive care units. It operates on a hub-and-spoke model (the central hospital delivers comprehensive outpatient and inpatient care whereas the satellite facilities provide emergency care) that helps in lowering costs.
02.03 / 22:35
CEO Tesla President show performer Features Headlines SNL's satirical jibe at Trump-Zelenskyy Oval Office clash sparks heated debate among netizens. 'Where's the respect?'
Saturday Night Live (SNL) has once again found itself at the center of a heated debate after delivering a bold satirical take on the fiery Oval Office exchange between US President Donald Trump and Ukrainian President Volodymyr Zelenskyy. The skit, aired on the show's latest episode, parodied the chaotic White House meeting that left political circles buzzing — but not everyone is laughing.
02.03 / 19:11
markets Citi War reports rights Israel suspends aid, strikes Gaza as Hamas sees 'coup' against truce
The health ministry in Hamas-run Gaza reported at least four killed and six wounded in Israeli attacks. As the 42-day first phase of the ceasefire drew to a close with negotiations inconclusive, Israel early Sunday approved a truce extension it said US Middle East envoy Steve Witkoff proposed.
02.03 / 15:31
markets Provident Platform awards Experts Oscar reports Oscars 2025 Date and Time: How to watch the 97th Academy Awards in USA, UK, UAE for free
For the first time, the Oscars will be streaming live on Hulu, alongside traditional broadcasting on ABC. Cord-cutters in the U.S., U.K., and UAE have several options to watch the 2025 Oscars online for free.
02.03 / 15:27
markets Gap Trade President RAI country Piyush Goyal's US visit for trade talks to start on Monday
bilateral trade agreement, Commerce and Industry Minister Piyush Goyal's Washington visit will begin on Monday, according to an official. Goyal is likely to hold talks with US Trade Representative (USTR) Jamieson Greer and US Commerce Secretary Howard Lutnick, the official said. During the recent visit of Prime Minister Narendra Modi to Washington, India and the US announced their commitment to more than double the two-way commerce to USD 500 billion by 2030 and negotiate the first tranche of a mutually beneficial, multi-sector Bilateral Trade Agreement (BTA) by fall of 2025. Last month, the minister stated that India and the US are committed to increasing bilateral trade to USD 500 billion and negotiating a «strong» trade agreement within the next 6-8 months.
02.03 / 15:27
markets Research Experts show track reports Features China is building a massive nuclear-powered aircraft carrier that could rival the US Navy’s largest, says report
NBC News, new satellite imagery from China’s Dalian shipbuilding facility suggests that the country is developing a massive nuclear-powered aircraft carrier that could rival the United States’ largest vessels. Analysts, after reviewing images provided by Maxar Technologies, noted that this new ship will feature a design unlike any currently in China’s fleet, potentially signalling a major shift in the balance of naval power. A leap in carrier technology
02.03 / 13:09
markets Digital Action economy Trade country Headlines India’s tariffs WTO-compliant, exports to US have low local value add: GTRI
local value addition and this must be considered when assessing trade balances between the two countries, think tank GTRI said Sunday. iPhones, solar panels, diamonds and petrochemicals are sectors where local value addition in exported goods and contribute far less to India's economy than their headline figures suggest, it said and urged the government to convey to the US administration that India’s import duties are in compliance with the global trade rules. India has the option to retaliate to the US’ proposed reciprocal tariffs by raising duties on certain American goods, taxing their digital firms or issuing compulsory licenses for patented drugs, GTRI said but cautioned that such countermeasures would provoke further action by Washington, escalating into a trade war that could significantly hurt India.
02.03 / 13:09
markets Fighting security President War US State Secretary Rubio announces $4 billion military aid to Israel, reversing Joe Biden's arms hold
This move reverses the Biden Administration's partial arms embargo, which had withheld certain weapons and ammunition from Israel. «I have signed a declaration to use emergency authorities to expedite the delivery of approximately $4 billion in military assistance to Israel. The decision to reverse the Biden Administration's partial arms embargo, which wrongly withheld a number of weapons and ammunition from Israel, is yet another sign that Israel has no greater ally in the White House than President Trump,» said Rubio.
02.03 / 13:09
markets President War country peace New US administration 'largely coincides with our vision', says Kremlin
Donald Trump administration «largely coincides» with that of Russia, a Kremlin spokesperson said, as reported by Al Jazeera. In an interview to state television aired on Sunday, Kremlin spokesman Dmitry Peskov said, «The new administration is rapidly changing all foreign policy configurations.» «This largely coincides with our vision,» he added.
02.03 / 12:39
UPS Waters Manufacturing country Courts Chhattisgarh in talks with US, Russian defence firms to set up manufacturing, says chief minister Sai
Subscribe to enjoy similar stories. New Delhi: Chhattisgarh is courting defence firms from Russia and the US to set up manufacturing units in the state under its new Industrial Development Policy 2024-30, as it looks to position itself as a key player in India’s defence supply chain. "Numerous companies from Russia, the US, and other countries participated in our investment summit in Mumbai, and these investments will come to Chhattisgarh," chief minister Vishnu Deo Sai told Mint in an interview.
02.03 / 12:03
markets UPS President War country Russia praises Trump and scolds Europe for being the crucible of war
Donald Trump's «common sense» aim to end the war in Ukraine, but accused the European powers which have rallied around Kyiv of seeking to prolong the conflict. Lavrov said the United States still wanted to be the world's most powerful country and that Washington and Moscow would never see eye to eye on everything, but that they had agreed to be pragmatic when interests coincided. «Donald Trump is a pragmatist,» Lavrov told the Russian military newspaper Krasnaya Zvezda, according to a transcript released by the Foreign Ministry. «His slogan is common sense. It means, as everyone can see, a shift to a different way of doing things.»

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