Usa Financial News

Indian market is strong, said Raamdeo Agrawal, Chairman of Motilal Oswal Financial Services in an interview with the Economic Times (ET). "Right now, market trends are a lot dependent on the trends in FII behaviour. When FIIs were buying continuously for 15-20 days last month, it took the Nifty to nearly 20,000.

Russia's Luna 25 crashed into the Moon on Sunday, ending the country's dream of being the first to make a soft landing on the lunar south pole. Luna 25 was Russia's first lunar mission in 47 years, since the launch of the Soviet Union's Phobos 2 probe in 198 We take a look at some of the previous lunar missions that failed. According to The Planetary Society, the world's first lunar mission, led by the United States, failed just 77 seconds after lift-off owing to the rocket's first stage exploding.

India Day Parade’ outside India kicked off on Sunday afternoon in New York City, with the celebration witnessing huge floats and marching groups comprising members of the Indian-American community. Supporting the spectacle were several members of the diaspora including spiritual Guru Sri Sri Ravi Shankar, actors Samantha Ruth Prabhu, Jacqueline Fernandez and New York City Mayor Eric Adam. The parade began at 12 pm (local time) at 38th Street and Madison Avenue in New York.

Experts in Brazil think BRICS leaders will agree to launch a digital fiat for the bloc at a summit next week.

Vikas Khemani, Founder, Carnelian Capital Advisors, says: “I am fully convinced that India will see disproportionately large flows in times to come. In the last two years, we lost close to $40 billion as the interest rates were rising in US and emerging markets and so there was the outflow. But that is all set to reverse.

Adani Power shares gained 5% to the day's high of Rs 321.90 on the NSE in Monday's trade, maintaining a two-session winning streak, following an 8.1% stake sale to the US-based investment firm GQG, along with other investors in a $1.1 billion deal last week. The other nine stocks from the Adani Group stable were also up in the morning session, riding on the positive sentiments. In the Nifty pack, Adani Ports & Special Economic Zone was the top gainer, up 2.4% while Adani Enterprises was higher by 2%.

fundamentally strong companies that efficiently utilise their capital to generate profits. RoCE not only reflects a company's operational efficiency but also its ability to provide attractive returns to its shareholders. This article delves into the world of midcap stocks in India, specifically focusing on the top five high RoCE midcap stocks that have caught the attention of investors.

Donald Trump described India as a ‘tariff king’ and in May 2019, terminated India's preferential market access alleging that the country has not given the US equitable and reasonable access to its markets. In an interview with Fox Business News, Trump heavily came down on Indian tax rates which he said were ‘quite high’ to over 100 percent. “The other thing I want to have is a matching tax where, if India charges us -- India is very big with tariffs.

solar exports from Southeast Asia, saying the move will slow clean energy deployment and harm climate progress. “We’ve gone from toasting the anniversary of the Inflation Reduction Act and its positive impacts on America’s energy transition to lamenting the imposition of harmful solar tariffs that will severely constrict solar availability in the US,” Gregory Wetstone, president of the American Council on Renewable Energy, said Friday in an interview.

Australia’s largest steelmaker, BlueScope, will spend $1.15 billion relining a blast furnace at its Port Kembla steelworks in what chief executive Mark Vassella describes as a “bridge to the future”, with old-school steelmaking processes needed for at least 10 years.

rupee is within a whisker of a record low, but it’s still a favored emerging-market currency with some investors. A reserves stockpile of $600 billion, more than $16 billion worth of foreign inflows for stocks this year and economic growth forecast at 6.5% are among the reasons behind the optimism for Neuberger Berman Singapore and Columbia Threadneedle Investments. “The reserve number is very comfortable right now,” said Prashant Singh, senior portfolio manager for emerging-markets debt at Neuberger Berman Singapore, who favors the rupee.

lending rate by 10 basis points, lower than expected 15 bps reduction. The five-year lending rate was left unchanged.

British Prime Minister Rishi Sunak is set to spend $130 million (100 million pounds) to buy thousands of computer chips to power artificial intelligence, amid a global shortage and race for computing power.

Donald Trump, who is seeking his term, has once again raised the issue of high tax by India on certain American products in particular the iconic Harley-Davidson motorcycles, and has threatened to slap with reciprocal tax if voted to power in the 2024 presidential elections. During his first term as the US president, Trump described India as a «tariff king» and in May 2019, terminated India's preferential market access — Generalised System of Preferences (GSP) — to the United States alleging India has not given the United States «equitable and reasonable access to its markets.» In an interview to Larry Kudlow of Fox Business News, Trump said came down heavily on India tax rates, which he alleged was quite high. «The other thing I want to have is a matching tax where, if India charges us — India is very big with tariffs.

Australia will spend A$1.3 billion ($833 million) to boost its long-range strike capabilities as it finalised on Monday a deal to buy more than 200 Tomahawk cruise missiles from the United States, part of a wide-ranging defence shake-up. Australia will be only one of three nations to have Tomahawks along with the US and Britain, Defence Minister Richard Marles said.

Joe Biden plans to urge all Americans to get a Covid-19 booster shot this autumn to counter a new wave of infections reported by the Centers for Disease Control and Prevention, said a White House official on Sunday as quoted by the news agency Reuters. Moderna on Thursday said that initial data showed its updated COVID-19 vaccine is effective against the "Eris" and "Fornax" subvariants in humans. Moderna and other Covid-19 vaccine makers Novavax, Pfizer, and German partner BioNTech SE have created versions of their shots aimed at the XBB.1.5 subvariant.

Chandrayaan-3's lander module, the Indian spacecraft is expected to touch down on the surface of the Moon at 1804 hours on August 23. Speaking to ANI, PK Ghosh said, “One of the biggest things is that it has got to get the spacecraft from a horizontal position to a vertical position. That is difficult.

Former US President Donald Trump has officially announced his decision to skip the upcoming Republican primary debate, the first of the 2024 cycle. Trump has made his position clear on his social media platform, stating that he believes the public is already well-acquainted with his views and hence he won't be participating in the debate. While it remains unclear whether this decision will extend to future debates or just the present one, a Trump advisor told CNN that the former president might still consider taking part in subsequent primary debates despite his online announcement.

Indian stock market is expected to open on a flat note Monday following mixed global cues. The domestic benchmark equity indices ended lower for the fourth consecutive week, the longest stretch of weekly declines in over a year. A sharp spike in domestic retail inflation, weak industrial production for June, worries over likely another interest rate hike by the US Federal Reserve, depreciation in rupee against US dollar, FII outflow, rising US bond yields and slowing China’s economy weighed on investors sentiment.

The investor pushing to stop Whitehaven Coal’s acquisition of two major BHP mines in a multibillion-dollar deal is secretive London hedge fund Bell Rock Capital Management, The Australian Financial Review can reveal.

Washington | The two pharmaceutical giants behind the lion’s share of the world’s COVID-19 vaccines have sold more than $US117 billion ($183 billion) worth of the drugs since their first big deliveries in 2021, but face a revenue cliff as the pandemic fades into history.