Show Financial News

Firefly Aerospace’s Blue Ghost lander touched down on the Moon on 2 March 2025, making it the first commercial spacecraft to achieve a soft landing on the lunar surface. It landed in Mare Crisium, a dark basaltic plain formed by an ancient asteroid impact. NASA describes the region as a “large, dark, basaltic plain on the Moon that filled an ancient asteroid impact.” The milestone highlights the increasing role of private companies in space exploration.

“Post-pandemic investors faced their first correction. The current market presents selective opportunities, with a shift towards bottom-up stock picking rather than broad, top-down strategies,” says Achin Goel, PMS Fund Manager at Bonanza Group. In an interview with ETMarkets, Goel said: “The critical factor for a sustained recovery hinges on the resurgence of earnings growth, which is expected to materialize within the next 1-2 quarters,” Edited excerpts: The month of February started on a volatile note with Budget 2025; since then, we have been on a losing streak. The index fell nearly 6% in February – the worst monthly decline since Covid 2020 rout. What is your take on markets?

Infosys director Mohandas Pai shared an image sarcastically promoting a «4-day, 3-night Bangalore Tourism» experience, featuring the city’s worst traffic hotspots—Outer Ring Road, Silk Board Junction, Marathahalli, and HSR Layout—as key destinations. Frustrated by the ongoing congestion, Pai called it “a sad joke on Bengaluru,” adding that while residents may laugh at their misery, the government remains indifferent. Sharing a text reading, “Bangalore Tourism is organising a 4 day 3 nights trip to the following four destinations — Outer Ring Road, Silkboard Junction, Marathalli & HSR layout. Its called 'Chaar Jam Yatra'”, he called it a “sad joke on Bengaluru”. He further mentioned about having a sense of humour about the suffering and “an uncaring government.”

The CPI inflation report overshadowed the latest 'tit for tat' twist in the global trade war — U.S. President Donald Trump said he would slap further tariffs on European Union goods after the EU and other U.S. trading partners said they would retaliate for trade barriers already erected by the U.S. president.

Gold prices edged higher on Thursday as uncertainty over tariffs persisted, driving safe-haven demand, while a cooler-than-expected U.S. inflation print also supported bullion by strengthening expectations of rate cuts.

Stocks that were in focus include names like Swiggy, which fell 1.2% and RVNL, which gained 0.8% and TVS Motor, whose shares declined 1.5% on Wednesday.

Oil prices eased on Thursday after surging the day before as worries about the impact of intensifying tariff wars on global economic growth and energy demand outweighed the positive sentiment from a larger-than-expected draw in U.S. gasoline stocks. Brent futures fell 7 cents, or 0.1%, to $70.88 a barrel by 0107 GMT, while U.S. West Texas Intermediate crude futures shed 11 cents, or 0.2%, to $67.57 a barrel.

dollar rebounded slightly on Thursday thanks to a rise in U.S. Treasury yields, though currencies traded in tight ranges as investors struggled to determine the impact of an escalating global trade war on U.S. inflation and growth. U.S. President Donald Trump on Wednesday threatened further tariffs on European Union goods, as major U.S. trading partners said they would retaliate for trade barriers already erected by him.

Subscribe to enjoy similar stories. Retail inflation in February eased to under the Reserve Bank of India’s (RBI) 4% target for the first time in six months, government data released on Wednesday showed. The consumer price index was up only 3.6% from the same month in 2024.

Home First Finance is likely to launch a qualified institutional placement (QIP) next week to raise up to ₹1,250 crore, according to people familiar with the development. The development follows Hitachi Energy's successful ₹2,000 crore fundraising earlier this week, breaking a one-month dry spell in QIPs. Home First Finance plans to use the proceeds to expand its loan portfolio and strengthen its asset base. The company had announced in January that additional capital was required to meet its future business goals. Its assets under management, which stood at ₹11,949 crore at the end of December 2024, are targeted to grow to ₹20,000 crore by the end of March 2027.

Subscribe to enjoy similar stories. • Kolte Patil: Buy above ₹341, stop ₹332; target ₹360-366 This real estate counter, after undergoing a lot of volatility, is showing signs of bottoming out. The last few days have been displaying long-body bullish candles in this uncertain market, which has pushed the prices above the bands.

Subscribe to enjoy similar stories. Trading started on Wednesday with some apprehension but the strong resurgence by the bulls surprised the bearish camp. Taking some strength from the sharp upward traction for the entire last week, there's a bullish resurgence.

Disney will not provide entry to most media outlets for the premiere of the Snow White live-action remake. Media access to the upcoming film premiere has been restricted to only photographers and an in-house crew, as per Variety. This comes after the movie's casting choices stirred conflicts. The political views of the lead star Rachel Zegler have also drawn criticism.

social care providers will have to prioritise hiring foreign care workers already in the country before recruiting from overseas, the government said on Wednesday, as it cracks down on worker abuse in a sector heavily reliant on immigration. The move follows the introduction in November of stronger sanctions for rogue employers who recruit foreign workers but failed to provide them with work, leaving some unemployed and close to destitution. ALSO READ:What is UK’s Skilled Worker visa?

retaliatory tariffs because President Donald Trump had implemented steel and aluminum import restrictions. The ongoing trade war has made economists predict economic slowdown and heightened consumer prices due to recently available inflation data, which shows a mild February increase.

New Govt, New School Dress: N Chandrababu Naidu dispensation has changed the colour of uniforms in Andhra Pradesh government-run schools. On the face of it, it seems like any administrative decision, but the reason is purely political. Under the previous YS Jagan Mohan Reddy-led YSRCP government, uniforms were blue and purple — colours associated with the party.

With shows like White Lotus, The Traitors, and Love Is Blind dominating the streaming space, fans of Landman are curious if a new episode is set to drop — and whether Landman Season 2 is on the horizon.

Inflation showed signs of cooling in February, offering some signs of relief for Americans who were squeezed by rising costs. The Consumer Price Index (CPI), a key measure of living costs, climbed 2.8 per cent compared to last year, with monthly growth slowing to 0.2 per cent down from January’s sharper 0.5 per cent jump and beating economists’ forecasts. Even the “core” inflation rate, which ignores food and energy prices, eased slightly to 3.1 per cent annually. While progress toward the Fed’s 2 per cent target remains uneven, the dip suggests some pressure is lifting, as per NY Times.

Donald Trump’s administration are watching Canada to get a preview of what happens when you hit back. Canadian officials have gone hostile in their responses to Trump’s trade war. Ontario Premier Doug Ford slapped a 25% charge on electricity exports to make power more expensive for people in New York and two other states — earning the president’s ire. Mark Carney, the incoming prime minister, called the US “a country we can no longer trust,” and said his new government will keep its retaliatory tariffs in place “until the Americans show us respect.” On Tuesday, the brinkmanship seemed to pay off: Trump started the day threatening to double tariffs on Canadian steel and aluminum to 50%, but by day’s end both sides had pulled back. Ford suspended the electricity tax, prompting Trump to say “I respect that” and drop the metals levy back to 25%. Trump’s tariffs on steel and aluminum — which came into force on US imports on Wednesday — drew a swift response from Canada and the European Union. The government in Ottawa announced new 25% counter-tariffs on about C$30 billion ($20.8 billion) of US-made items, while Brussels laid out countermeasures against US goods worth as much as €26 billion ($28.3 billion). But other metals-exporting countries including Japan and South Korea held off on any immediate retaliation. Even before that widening of the trade war, Mélanie Joly, Canada’s foreign minister, had issued a warning to other nations. Watch what Trump is doing to Canada, she said. “You’re next.”

Daredevil: Born Again continues its run with Episode 3 set to release on March 11, 2025. The series follows Matt Murdock, a blind lawyer with enhanced abilities, as he fights for justice while Wilson Fisk aims for political power.