Trade Financial News

Subscribe to enjoy similar stories.It sounds like the investment opportunity of a lifetime: a chance to get in on one of the hottest names on Wall Street, before the company’s stock even starts trading.Financial advisers say buyer beware.It is technically possible for ordinary investors to get ahead of the coming oversize and high-profile public offerings expected in 2026—including SpaceX, OpenAI and Anthropic. Investors can get access through direct secondary marketplaces, exchange-traded funds that advertise private-company exposure and even crypto tokens that seek to mirror the performance of the company’s shares.But all those methods vary greatly in risk level and degree of actual ownership on offer, highlighted by Anthropic’s market-rattling warning this past week that it won’t recognize investments not approved by its board.

Subscribe to enjoy similar stories.NEW DELHI: Even as India braces for record electricity demand this summer, power prices on exchanges recently slumped to zero in multiple trading sessions. The sharp fall has highlighted a growing challenge for India’s power sector: managing rising solar generation in the absence of adequate storage capacity.The trend has implications for renewable energy developers, power distribution companies and grid managers.

Subscribe to enjoy similar stories.Bubbles are only dangerous if improperly managed.Stocks, indexes, and call-option implied volatility are advancing to ever-higher highs, despite innumerable risks that are almost too trite to mention. And yes, some are even calling it a bubble.Once more, we are at the tumultuous intersection of greed and hope.We recently suggested hedging in anticipation of a stock decline, but some investors will prefer to harness the wild-eyed enthusiasm of investor sentiment.We know of some very smart Wall Street pros who recently took profits and regret selling as stocks move higher.

Subscribe to enjoy similar stories.IT WAS A tale of two summits. Meeting in China for the first time since 2017, Donald Trump and Xi Jinping committed to stabilising relations and suggested that they had reached new agreements on trade and other areas.

Subscribe to enjoy similar stories.New Delhi: The government plans to convert remote forest villages into tourist destinations by building 500 tribal-run homestays in the financial year starting April 2026, as India seeks to spread the economic benefits of the travel market, two government officials said.The initiative, part of the Pradhan Mantri Janjatiya Unnat Gram Abhiyan scheme under the Swadesh Darshan programme, which has a ₹1,905 crore outlay for 2026-27, will offer tribal households financial assistance of up to ₹5 lakh each for constructing new rooms and up to ₹3 lakh for renovation of existing rooms, the two officials said on the condition of anonymity. Six projects are expected to be sanctioned under the scheme during the fiscal year, the first person mentioned above said.The plan was outlined by the expenditure department to the tourism ministry in a communication reviewed by Mint.The plan targets the 104 million tribal citizens, about 8.6% of the country’s population, concentrated in states like Madhya Pradesh, Maharashtra, Odisha, Rajasthan, Gujarat, and Jharkhand, as well as in the Northeast.

Subscribe to enjoy similar stories.U.S. stocks have been on a tear, with the S&P 500 rising nearly 20% from the lows of late March and plowing past risks linked to surging oil prices, rising inflation, and the Iran war.Tech stocks have been scorching, with the Nasdaq rising nearly 30% from its March 30 nadir, powered in part by an astonishing gain of nearly 70% for an index of chip stocks and a 25% surge in the value of the Magnificent Seven.But developments in the options market are starting to raise questions about the strength of the spring rally and its staying power into the summer months.Similar questions arose five years ago during the demise of meme stocks, which got that name because they rise and fall with social media buzz and not business fundamentals.Meme stocks often suffer from what’s called a “gamma squeeze,” triggered in part by the buying of call options.Call option buyers have the right, but not the obligation, to purchase underlying shares at a certain price in the future.

Subscribe to enjoy similar stories.New Delhi: India’s latest fuel price increase is expected to raise cultivation and transportation costs across the farm sector ahead of the crucial kharif sowing season, potentially adding fresh pressure on food inflation in the coming months, according to farmers, economists and agriculture experts.Oil marketing companies on Friday raised petrol and diesel prices by ₹3 per litre as a surge in global crude oil prices was hurting their margins. Following the hike, diesel prices in New Delhi rose to ₹90.67 a litre, while rates in Kolkata and Chennai increased to ₹95.13 and ₹95.25, respectively.The development assumes significance as the agriculture sector accounts for nearly two-fifths of India’s annual diesel consumption of around 92 million tonnes.

Subscribe to enjoy similar stories.MUMBAI: In a move aimed at deepening India’s commodity derivatives market, the Securities and Exchange Board of India (Sebi) is holding early-stage discussions with market infrastructure institutions to allow foreign portfolio investors to trade bullion derivatives without participating in physical settlement, according to two people familiar with the matter.Foreign portfolio investors (FPIs) are currently allowed to trade only in non-agri commodity derivatives that are cash settled, such as crude oil and natural gas contracts. Sebi had opened up that segment to foreign investors in June 2022.

Subscribe to enjoy similar stories.In the decades since China joined the world economy, U.S. presidents have traveled to Beijing with a predictable list of demands: stop stealing American intellectual property, don’t force technology transfer, open your markets. Donald Trump followed the script on his previous visit in 2017.Whether he does so again this week, it would be pointless.

Subscribe to enjoy similar stories.MUMBAI: India’s consumer durables makers have begun the current fiscal with cautious optimism, betting on a stronger summer and early demand recovery after a bruising FY26 marked by erratic weather, raw material inflation, supply-chain disruptions and weak operating leverage.“We remain cautiously optimistic about the prospects for FY27,” Nikhil Sohoni, chief financial officer, Blue Star Ltd, said during the company’s Q4 earnings call, while cautioning that rising input costs and volatile exchange rates would make managing margins challenging.Expectations of a stronger summer have lifted sentiment, helped by a weak FY26 base and demand strength in March–May. March was one of Voltas’s highest-ever sales months, while April and May also saw strong dealer-level sales.The Indian Meteorological Department (IMD) has forecast a harsher summer and below-normal monsoon amid emerging El Niño conditions.

Subscribe to enjoy similar stories.As Donald Trump and Xi Jinping engage in high-stakes talks in Beijing, the underlying context is that global imbalances are widening again, with the US and China at the centre. But the central economic problem between the world’s two big economies is being misdiagnosed.The US–China imbalance is not fundamentally a trade policy problem. It is a structural macroeconomic imbalance rooted in savings, investment, fiscal choices and the architecture of the international monetary system.

Subscribe to enjoy similar stories.The launch of ChatGPT in 2022 ignited the artificial-intelligence boom—and elicited a chorus of warnings from AI bosses of an impending jobs apocalypse. Never mind that they have reason to talk up the disruptiveness of their products, or that rich-world employment is near all-time highs—the dark message has landed. Seven in ten Americans think AI will make it harder for people to find work; nearly a third fear for their own jobs.

Subscribe to enjoy similar stories.Stock market recap: The Indian equity markets witnessed healthy buying in almost all segments as investor sentiment was buoyed by ongoing US–China talks.The Sensex closed 790 points, or 1.06%, higher at 75,398.72, while the Nifty 50 ended at 23,689.60, up 277 points, or 1.18%.NAMINDIA (Cmp ₹1093) BERGEPAINT (Cmp ₹533.90) On 14 May 2026, investor sentiment was buoyed by ongoing US–China talks, with hopes that progress could ease global trade tensions. Oil prices edged higher amid persistent concerns over the Iran conflict, adding to volatility across sectors.

Subscribe to enjoy similar stories.Stock market recap: Indian equity markets showed resilience on 14 May, with the Nifty 50 rising 1.18% to close at 23,689.60 despite early volatility. Market breadth remained positive, with 1,725 gainers outpacing 1,540 decliners.Sectoral performance was largely bullish.

Subscribe to enjoy similar stories.Over the last few days, market intermediaries have launched regulated versions of digital gold that also allow individuals to take physical deliveries. On paper, these products promise the best of both worlds: access to high-purity gold at transparent prices without the hassle of storage.

Subscribe to enjoy similar stories.Mumbai: The Indian rupee’s slide to fresh record lows amid the ongoing West Asia war is prompting calls for deeper structural reforms instead of short-term liquidity measures to stabilize the currency, five market participants told Mint.While the US-Iran conflict has intensified pressure on the rupee, experts said the currency’s weakness predates the war and reflects broader concerns over slowing capital inflows at a time when India’s current account deficit is expected to widen.Since the war began on 28 February, the rupee has declined by 4.6%, according to Bloomberg data. After clocking fresh lows for three consecutive trading sessions, the currency hit a fresh record low of 95.96 per US dollar on Thursday, before trimming losses and ended at 95.64 compared with 95.66 on Wednesday.

Subscribe to enjoy similar stories.President Donald Trump and Chinese leader Xi Jinping spent their first day of bilateral talks on Thursday showing an eagerness to manage the economic rivalry between their countries.Trump talked about the possibility of increased economic ties, and Xi held out the possibility of U.S. companies enjoying “even broader prospects in China.”Even the most glaring point of friction in the talks – a warning from Xi that differences over Taiwan could lead to conflict and jeopardize the relationship – could be an opportunity to dial down the tensions if the two economic powerhouses find ways to navigate their complicated relationship.“Trump and Xi are staking out their positions on geopolitical issues that are of particular importance to each of them, while signaling some openness to being more accommodative on other subjects like trade, technology, and market opening,” says Eswar Prasad, a Cornell economics professor and former head of the China division for the International Monetary Fund.China greeted Trump and a delegation of more than a dozen chief executives from U.S.

Subscribe to enjoy similar stories.India's gold imports from the United Arab Emirates (UAE) under the 2022 trade agreement are drawing fresh attention amid India's push to curb bullion imports to conserve foreign reserves.Gems and jewellery imports from the UAE, dominated by gold, have surged to one-third of India's total shipments in 2025-26, according to commerce ministry data reviewed by Mint.Even as India’s gems and jewellery imports hit a record $71.98 billion in 2025-26, imports from the UAE rose from $14.79 billion in 2022-23 to $27.09 billion in 2024-25, and stood at $24.08 billion during April-February 2025-26.Total gems and jewellery imports from the UAE stood at $15.93 billion in 2021-22, according to the Gem & Jewellery Export Promotion Council.At the same time, utilization of the tariff rate quota (TRQ), which allows a limited quantity of gold imports from the UAE at a duty rate one percentage point lower than the standard rate, has remained modest at about 140 tonnes in 2024-25 and just 8.58 tonnes so far in 2025-26.The trend has raised concerns that higher inflows under the concessional route could dilute the impact of 15% customs duty on gold and silver, as traders may increasingly route imports through the lower-duty quota, weakening efforts to curb imports and manage the trade deficit.It also assumes significance as Prime Minister Narendra Modi has appealed to citizens to avoid buying gold for at least a year, urging them to invest in productive assets instead to help reduce the country’s import burden and strengthen the economy.“The trade agreement does offer some price advantage due to differential duty and would hence need to be monitored.

Subscribe to enjoy similar stories.The Street keenly awaited Bharti Airtel’s board meeting outcome on Wednesday, more for its agenda of Africa telecom business ownership restructuring rather than the March quarter (Q4FY26) results announcement. Investors heaved a sigh of relief as the exercise simplifies the holding structure of Africa telecom business.

Subscribe to enjoy similar stories.India on Wednesday banned exports of raw, white and refined sugar till 30 September 2026, marking a sharp shift from the earlier “restricted” export regime to a “prohibited” category. However, the government has exempted exports to the US and the European Union under existing quota arrangements. Also, certain consignments already in the shipment pipeline are exempt, including cargo already loaded, shipments cleared by customs and exports under specific tariff-rate quotas.

Subscribe to enjoy similar stories.Tesla’s stock rose early, then fell, then rose again on Wednesday as CEO Elon Musk heads to China.Shares of the electric-vehicle maker traded up early, then dropped to as low as $430.21 before rising to $445.27, up 2.7% on the day, while the S&P 500 gained 0.6% and the Dow Jones Industrial Average fell 0.1%Tesla shares fell 2.6% on Tuesday, snapping a four-day winning streak that raised Tesla stock more than 14%. One thing sending shares higher was the hope that Tesla was close to receiving approval to sell its Full Self Driving, or FSD, driver-assistance product in China.Americans can pay $99 a month for FSD.