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Spread the loveThe rupee recorded its sharpest single-day fall in two weeks, closing at 87.33 against the dollar, driven by dollar bids and weakness in the Chinese yuan. Despite support … Read More
Spread the loveSun Pharma, India’s largest pharmaceutical company, is set to acquire Checkpoint Therapeutics for $355 million. This strategic acquisition will enhance Sun Pharma’s specialty portfolio, including UNLOXCYT, an FDA-approved … Read More
Spread the loveIn 2024, funds raised for Indian startups fell to $2.7 billion, the lowest in four years. SoftBank and Tiger Global issued smaller follow-on checks and remained cautious. With … Read More
Spread the loveIndusInd Bank has identified valuation losses in its forex derivative contracts that could impact its net worth by up to 2.4%, or around Rs 1,530 crore. The bank … Read More
Spread the loveUS stocks experienced a significant decline on Monday, driven by ongoing tariff disputes and the potential for a federal government shutdown. Key factors include high stock valuations, economic … Read More
Spread the loveSomil Mehta from Mirae Asset Sharekhan recommends buying HUL and SBI Card stocks today. HUL shows a positive trend with a target of Rs 2420, while SBI Card … Read More
Spread the loveJim Walker forecasts a 10% decline in the U.S. dollar by 2025 and expects an economic slowdown, though manageable. He is optimistic about copper’s long-term prospects due to … Read More
Spread the loveIndusInd Bank’s shares plummeted 20% to a 52-week low of Rs 720.50 due to discovered accounting irregularities in its forex derivatives portfolio. Several brokerages downgraded their ratings, highlighting … Read More
Spread the loveElon Musk faced significant setbacks on March 10, with Tesla’s stock plummeting by over 15% and his social media platform X experiencing major outages. The twin crises coincided … Read More