Trade pain, stock gain: Nike shares jump 15% as it shifts production from China; braces for $1 bn tariff blow, price hikes ahead
Nike shares surged 15% at the opening bell Friday after the company announced a shift in production away from China,…
Category: personal Finance
ESIC expansion drive: SPREE scheme revived to widen ESI net; one-time amnesty aims to cut litigation, boost compliance
The Employees’ State Insurance Corporation (ESIC) on Friday relaunched the SPREE scheme to bring unregistered employers and left-out workers under…
Rupee recovers ground, rises 24 paise to 85.48 against dollar, FII inflows and equity gains support rally
The rupee appreciated 24 paise to settle at 85.48 against the US dollar on Friday, supported by strong foreign fund…
Power stock: Adani Power rallies 14% this week as volumes spike, technicals stay bullish
Shares of Adani Power climbed nearly 14% this week to hit Rs 605 on the BSE on Friday, riding on…
Gold shines bright! Several life insurers want IRDAI to allow gold ETF investments; 30% returns in 12-months
The performance of gold ETFs has been remarkable, generating over 30% returns in the previous 12-month period. (AI image) Multiple…
NBFC IPOs in focus: Non-bank lenders to rush initial public offerings; could raise above Rs 30,000 crore
Several NBFCs have already secured IPO approvals from SEBI. (AI image) Non-bank financial institutions are likely to accelerate their initial…
After suspending Indus Waters Treaty with Pakistan, India now eyes changing Ganges Water Sharing Treaty with Bangladesh
The water-sharing agreement of 1996 between India and Bangladesh was established to resolve disputes regarding the Farakka water allocation. (AI…
US-China trade deal: After Donald Trump, China says details of deal ‘confirmed’; adds America to ‘cancel series of restrictive measures’
Earlier in the day, Trump said that the United States and China have reached a trade agreement. (AI image) US-China…
YU7 debut frenzy: Xiaomi’s newly launched SUV receives nearly 300,000 orders in an hour; shares hit record high
File photo: Xiaomi founder Lei Jun shows the Xiaomi YU7 at a launch event held in Beijing (Picture credit: AP)…
Big corporate deal: JSW Paints to acquire AkzoNobel India; deal valued at Rs 8,986 crore
The acquisition requires approval from the Competition Commission of India and completion of a mandatory tender offer to ANIL’s public…