Usa Financial News
09.05 / 01:59
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orchestra
Amar Bose: the man who heard what others missed
Subscribe to enjoy similar stories.In 1954, conductor Herbert von Karajan and the Philharmonia Orchestra released what was considered a definitive recording of Ludwig van Beethoven’s Ninth Symphony. It was meant to capture the grandeur of the Ode to Joy for home listeners.But when Amar Bose, then a brilliant graduate student at Massachusetts Institute of Technology and an obsessive music lover, bought an expensive high-fidelity stereo to listen to it in 1956, he was deeply disappointed.The symphony, which should have felt like a tidal wave of sound, felt more like a trickle.
08.05 / 15:21
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Pulse of the Street: markets log modest weekly gains, but Iran tensions keep sentiment fragile
Subscribe to enjoy similar stories.Renewed hostilities near the Strait of Hormuz sparked a choppy retreat in domestic equities, even as favourable state-election outcomes provided a brief cushion to markets this week. Benchmark indices fell about 0.6% on Friday amid a global risk-off mood, as Iran accused the US of breaching their ceasefire agreement, citing attacks on its oil tankers and air strikes on coastal areas.But markets ultimately eked out marginal weekly gains, though the underlying sentiment remained fragile and directionless.
08.05 / 12:03
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Art
love
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Your guide to statement gifts for Mother's Day
Subscribe to enjoy similar stories.Originating in the US in 1908 as a day to honour the sacrifices mothers make—and officially recognised in 1914 by then US president Woodrow Wilson—Mother’s Day, celebrated every second Sunday in May, has since grown into a global commercial event embraced by brands across categories. Yet amid the flood of discounts, flowers and freebies, the sentiment at its core remains unchanged: celebrating mothers and their unconditional love. Keeping this in mind, Lounge’s compilation brings together gifts that feel both personal and enduring.
08.05 / 12:03
COST
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War
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Cable, telecom gear firms feel the US-Iran war squeeze
Subscribe to enjoy similar stories.India’s cable and internet gear makers are experiencing the effects of the US-Iran war, with companies citing higher raw material costs, export disruptions, and growing uncertainty across global markets.The geopolitical tensions have pushed up prices of key inputs such as polyvinyl chloride (PVC), copper, aluminium, preform, helium and polymers, while also affecting exports to West Asia, according to companies such as Havells India Ltd, Polycab India Ltd, R R Kabel Ltd, Sterlite Technologies Ltd (STL) and HFCL Ltd.“While US tariff headwinds have meaningfully moderated from peak levels, adding margins, we are seeing new near-term cost pressures from geopolitical disruption driven by the war in West Asia, particularly impacting helium and polymer inputs,” said Ajay Jhanjhari, chief financial officer at STL, during an analyst call on 29 April.Helium is mainly used in making optical fibre for telecom networks, so it matters more to companies such as STL and HFCL. Polymers are used in almost all wires and cables to cover and protect them, affecting the entire industry.To be sure, some telecom gear makers, impacted by the US reciprocal tariffs, saw an improvement in margins during the March quarter owing to the tariff being reduced from 50% to 15%.
08.05 / 12:03
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UPS
Platform
Research
wellness
patient
medicines
Quick commerce, stress and the rise of India’s pain economy
Subscribe to enjoy similar stories.Initially, Navin Israni, 36, didn’t treat his back pain as much as he furnished around it. A back-support cushion for his work chair, then a medicine ball he tried sitting on and returned for being too large—both ordered online. The cushion on his sofa moved up to act as back support, then a sheet of plywood affixed to provide a firm seat.
08.05 / 10:15
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Fighting
Department
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rowing
Anthropic’s boss apologises for bashing Pentagon—but still plans to sue
Subscribe to enjoy similar stories.DARIO AMODEI, the boss of Anthropic, says he is sorry. In his first interview since the Pentagon labelled the AI lab a supply-chain risk—the first American company to receive that designation—he offered a mea culpa for the way he handled a crisis that he described as one of the most “disorienting” in Anthropic’s history. Yet he also said he would challenge the Pentagon’s designation in court in order to avoid a “chilling” impact on Anthropic’s business.The Department of War’s designation has come as a heavy blow to Anthropic, one of America’s leading model-makers with a valuation of $380bn.
08.05 / 01:45
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Target
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trends
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Stocks to trade: Raja Venkatraman recommends three stocks for 8 May
Subscribe to enjoy similar stories.The Nifty generated a sense of confidence that we have been searching for the last few weeks. We had identified important zones, and this strong thrust seen yesterday could now fuel some trends ahead.Best stocks to buy today (All buy trades are rates of equity, and sell rates are based on F&O)Sun Pharma Advanced Research Co. Ltd: Buy above ₹169 | Stop ₹158 | Target ₹193 (multiday)Laxmi Organic Industries Ltd: Buy above ₹165 | Stop ₹157 | Target ₹181 (multiday)One 97 Communications Ltd (PayTM): Buy above ₹1,200 | Stop ₹1,150 | Target ₹1,290 (multiday)On 7 May 2026, Indian equity markets ended marginally lower after another volatile session, as profit booking erased early gains despite optimism over easing geopolitical tensions following reports of a possible US-Iran peace deal.
07.05 / 14:59
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UPS
security
FMC
cover
exclusive
innovations
FMC to sell India business to Crystal Crop for $252 million
Subscribe to enjoy similar stories.US-based FMC Corporation, a global agricultural sciences company, on Thursday said it has signed an agreement to sell its India commercial business to IPO-bound Crystal Crop Protection Ltd, a crop solutions company in New Delhi, for about $252 million.“FMC’s innovative portfolio, blockbuster brands and future pipeline give us an opportunity to provide Indian farmers access to innovative products,” Crystal’s chairman and managing director, Ankur Aggarwal, said in a statement. He added that the deal is aimed at accelerating innovation across both chemical and biological domains of crop protection.FMC will continue to receive all cash generated from the ongoing operation of the India business until closing, primarily through monetization of working capital.
07.05 / 10:47
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UPS
Chevron
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War
Updates
Not all oil giants are prospering from the Iran war
Subscribe to enjoy similar stories.The third gulf war should, in theory, be a huge blessing for big oil. In January most analysts had expected Brent crude, the global oil-price benchmark, to average $60 a barrel in 2026. It ended the first quarter at $118; refined products have risen faster still.
07.05 / 10:47
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COST
UPS
Discover
country
reports
rights
Unearth gold to lighten its import burden—there’s plenty of this metal waiting to be dug up in India
Subscribe to enjoy similar stories.India’s merchandise trade deficit was about $333 billion in 2025-26, 17.5% wider than the previous year’s. Reducing import dependence is critical and gold stands out as a major item in this context. As the world’s second-largest gold consumer, the country imported nearly 803 tonnes in 2024-25 but produced just 1.6 tonnes (0.2% of demand); last year’s figures would be comparable.
07.05 / 09:59
markets
COST
country
travelers
shock
Southeast Asia ought to bail out private budget airlines as fuel costs surge—here's why
Subscribe to enjoy similar stories.The global jet-fuel crunch is hitting Asia’s low-cost airlines harder than their full-service counterparts. Governments should prepare financial or operational support to avoid further flight cancellations during the busy summer travel season—as well as outright shutdowns like the collapse of America’s Spirit Airlines.Discount carriers like Malaysia’s AirAsia, Indonesia’s Lion Air and Cebu Air of the Philippines are already bearing the brunt of the energy shock. Policymakers must consider targeted measures in the form of loans, grants or fuel price relief.
07.05 / 09:59
markets
CEO
Food
wellness
country
reports
rights
Coke keeps beating Pepsi. Warren Buffett’s bet has paid off.
Subscribe to enjoy similar stories.One of the more surprising stock stories of 2026 has to be Coca-Cola’s year-to-date outpacing of the S&P 500 index and its ancient foe, PepsiCo—with the latter point being as significant as the former to well-versed investors.Of course, this is the shortest of short time periods, the very opposite of what Coke’s biggest champion, Warren Buffett, the recently retired CEO of Berkshire Hathaway, would consider prudent. In fact, over the past nine years—basically the tenure of Coke’s former CEO James Quincey, who stepped down on March 31—Coke’s stock performance has been decidedly meh versus the market, though again, superior to Pepsi’s, for those keeping score at home.Why, then, does Berkshire continue to hold 400 million shares of Coke, a stake that Buffett built in the late 1980s and now worth some $31 billion, accounting for 9.3% of that company and 9.6% of Berkshire’s investment portfolio? (Note that new Berkshire CEO Greg Abel has called Coke one of Berkshire’s “core four” investments, along with Apple, Moody’s, and American Express.)A look at the current state of Coke—“by America’s side for 140 years of its 250 years”—provides some compelling clues.First, let’s acknowledge the brisk headwinds Coke faces.
07.05 / 09:59
markets
UPS
Platform
Interface
Inside
Updates
Relationships
The ChatGPT-ification of American business
Subscribe to enjoy similar stories.For years, companies have been looking to replicate the smooth conversational experience of ChatGPT with artificial-intelligence agents and chatbots on their websites. Now some are finding there might be value in cozying up to ChatGPT itself.OpenAI in recent weeks has seen a surge in businesses publishing so-called ChatGPT apps, including rollouts from Starbucks, Little Caesars Pizza and Wyndham Hotels last month.These apps are a way for users to engage with brands directly inside the ChatGPT interface, getting answers and advice on products and services.
07.05 / 08:45
markets
FIVE
economy
Sustainability
Enterprise
Updates
Polycab’s outlook brightens after FY26 market share gains
Subscribe to enjoy similar stories.Shares of Polycab India jumped over 7% on Thursday, also hitting a 52-week high of ₹8,991.50 despite 160 basis points year-on-year drop in its March quarter (Q4FY26) Ebitda margin to 13.1%.While a sharp increase in input prices and higher logistics costs hurt margin, price hikes taken last quarter helped Polycab beat analysts’ estimates. Plus, the company’s market share improved by four percentage points in FY26 to about 30-31%, which should benefit Polycab as demand stabilizes.Despite the near-term disruption, the domestic demand outlook remains strong, primarily led by the power sector.
07.05 / 07:13
markets
Analysis
Sustainability
trends
Trade
show
reports
Smallcaps, midcaps are running too hot after April rally
Subscribe to enjoy similar stories.MUMBAI: Caution is returning to small-, and mid-cap stocks after last month’s sharp rally, with experts warning that stretched valuations could leave the segment vulnerable to even minor macroeconomic and earnings shocksThe BSE Smallcap index rose nearly 20% in April, while the BSE Midcap index gained almost 14%, their strongest monthly performances since May 2014. In comparison, the Sensex rose 7%.But the rebound has been uneven.
07.05 / 02:27
markets
Waves
Micron
wellness
country
electronic
Updates
Silicon froth: AI chips are riding a massive global wave that could turn without warning
Subscribe to enjoy similar stories.The surging shares of US chipmakers such as Intel and Micron point to a deeper shift in artificial intelligence (AI). First, the narrative is moving from a speculative buzz around AI models to hard spending on the infrastructure that powers them. Second, big money is flowing into computing power and memory, the choke points of the AI economy.
07.05 / 02:27
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UPS
Trade
President
country
Courts
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Trump’s latest tariff threat is a wake-up call for US trade partners
Subscribe to enjoy similar stories.President Trump’s threat to raise tariffs on European cars is a warning for investors and U.S. trading partners that the Iran war hasn’t dissuaded him from his trade agenda or his willingness to strong-arm allies through economic pressure.Trump said Friday that the U.S. would increase tariffs on European cars and trucks to 25% from the 15% level that was agreed to as part of a preliminary trade deal last summer.
06.05 / 16:23
markets
wellness
Trade
War
country
cover
reports
The cargo is moving, says India as it taps options to beat Hormuz choke
Subscribe to enjoy similar stories.New Delhi: India is tapping alternate trade routes to facilitate movement of cargoes—exports as well as energy imports—moving shipping lines at some of the West Asian ports not affected by the Strait of Hormuz blockade amid the ongoing US-Iran war, said a government official on Wednesday.Speaking to reporters, Opesh Kumar Sharma, director in the ministry of ports, shipping and waterways, said India and West Asian countries are taking these options to ensure least interruption in trade between the Gulf region and India, including fuel shipments, at a time when the Strait of Hormuz, a key channel for 20% of global oil and gas trade, remains largely closed.Alternate shipping services have been operationalized in the backdrop of the West Asia crisis, he said, with shipping lines including CMA CGM (Compagnie Maritime d'Affrètement - Compagnie Générale Maritime), Unifeeder and AP Moller-Maersk connecting Indian ports such as Jawaharlal Nehru Port Authority, Mundra and Hazira to Sohar (Oman), Fujairah (UAE), and Khorfakkan (UAE) in West Asia."So, there are many places which have been activated. The cargo is moving,” he said.The industry and the government have noted issues related to trade routes, and the reduction in congestion at the ports indicated “normalization”, Sharma said.West Asia and North Africa (Wana) is a key region for India for energy imports and non-oil exports.
06.05 / 12:51
markets
UPS
SUN
wellness
reports
International
Pharmaceuticals
Son rise at Sun: Decoding the architecture of Dilip Shanghvi’s global empire
Subscribe to enjoy similar stories.Mumbai: When Dilip Shanghvi walked into the press conference to announce Sun Pharmaceutical’s acquisition of Organon & Co.—an $11.75 billion deal that will effectively double the company’s revenue to $12.4 billion—he offered a rare admission.“I’m happy, excited, also a little bit anxious,” he told journalists, adding that the sheer size of the transaction reminded him of announcing the Ranbaxy Laboratories deal a decade ago.Back then, Sun was a fraction of its current size. This time, it is acquiring a company roughly equal in size, paying for it with cash and borrowed money rather than stock, and doing so at what Shanghvi described as “less than 25% of Sun’s own value.”At the surface, the Organon deal is a story about scale—a large Indian generics company buying an even larger portfolio of established branded drugs and biosimilars from a spun-off Merck subsidiary.
06.05 / 08:55
UPS
Digital
Action
Healthcare
information
reports
Courts
Mphasis sues Coforge in US court over employee hiring, client exposure claims
Subscribe to enjoy similar stories.BENGALURU/MUMBAI: Blackstone-owned Mphasis Ltd has filed a lawsuit in a US court against rival Coforge Ltd, accusing the Noida-based IT services firm of hiring its employees in violation of contractual restrictions and gaining access to confidential client information.The Bengaluru-based company, which reported $1.8 billion in revenue last year, has also named its former vice president Brijesh Khergamker as a party in the case filed in a Colorado court.
06.05 / 06:45
markets
FIVE
Manufacturing
security
economy
Research
wellness
Devina Mehra: China's long game is clearly working and it has left even the mighty US exposed
Subscribe to enjoy similar stories.Recently, I attended a lecture on ‘Long-term missions in a short-term world’ by S. Gurumurthy. To me, the biggest example has been China.
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