US Treasury Buys Back Another $2 Billion in Debt, Bringing This Week’s Total to $6 Billion – What Does It Signal?
The US Treasury Department has conducted another round of debt buybacks worth $2 billion, bringing…
The US Treasury Department has conducted another round of debt buybacks worth $2 billion, bringing the total for the week to $6 billion. This move has sparked discussions among economists, investors, and policymakers about its implications for financial markets, liquidity management, and the broader economic outlook. Key Highlights Why the Treasury Is Buying Back Debt…
Shares of Transformer Ltd. surged by 7% in intraday trading after the company announced a massive 211% increase in its order book, signaling strong demand and robust growth prospects. The rally reflects investor confidence in the company’s ability to capitalize on infrastructure expansion, renewable energy projects, and industrial modernization. Key Highlights Order Book Expansion Metric…
Global equity markets have witnessed a dramatic correction, with tech stocks losing $1.8 trillion in market value within days. Concerns over excessive spending on artificial intelligence (AI) infrastructure, coupled with fears of slowing demand, triggered a sharp sell-off. However, US stock futures showed signs of recovery, suggesting that investors may be reassessing the long-term outlook….
India’s foreign exchange reserves have climbed to a new all-time high of $723.8 billion, following a sharp weekly surge of $14.4 billion, according to the Reserve Bank of India (RBI). This milestone underscores the resilience of India’s external sector and strengthens the country’s ability to withstand global financial volatility. Key Highlights Composition of Reserves Component…
Hindustan Copper Limited (HCL) has announced its financial results for the third quarter (Q3) of FY26, reporting a significant rise in consolidated profit after tax (PAT) and total income. Alongside the strong performance, the company has declared an interim dividend of Re 1 per share, reinforcing its commitment to shareholder value. The results highlight HCL’s…
India’s largest fuel retailer and refining company, IndianOil Corporation (IOC), has reported record crude throughput and sales volumes in the first nine months of the financial year 2025-26 (FY26). The performance underscores the company’s strong operational resilience, robust demand for petroleum products, and its ability to maintain leadership in India’s energy sector despite global volatility…
The start of 2026 has been turbulent for global markets, and one of the most striking examples is the fortune of Larry Ellison, co-founder and chairman of Oracle Corporation. In less than forty days, Ellison’s net worth has reportedly dropped by nearly $50 billion, making it one of the steepest declines among global billionaires this…
Aditya Birla Fashion and Retail Limited (ABFRL) reported its financial results for the third quarter (Q3), showcasing a mixed performance. While the company recorded strong sales growth, its net losses deepened, raising concerns about profitability. Interestingly, despite the widening losses, ABFRL’s stock ended higher, reflecting investor confidence in its long-term strategy and market positioning. Revenue…
The Reserve Bank of India (RBI) has announced its latest monetary policy decision, keeping the repo rate unchanged at 5.25%. This move comes as part of the central bank’s cautious approach to balancing inflation control with economic growth. For millions of borrowers across India, this means Equated Monthly Installments (EMIs) will remain unchanged, offering relief…
InterGlobe Aviation Ltd, the parent company of IndiGo Airlines, witnessed a decline of 2.5% in its share price after the Competition Commission of India (CCI) ordered a detailed investigation into alleged unfair business practices. The probe comes at a time when IndiGo, India’s largest airline by market share, has been expanding aggressively in both domestic…