Business Markets
Asian stock markets fell on Friday as uncertainty over the Iran conflict kept investors cautious, although some indexes recovered part of their earlier losses as oil prices eased slightly and hopes of de-escalation improved later in the session. South Korea remained under the most pressure, with semiconductor stocks leading the decline. Asian Stocks Fall Amid […]
Business Markets
The Indian rupee fell sharply to a new all-time low of 93.49 against the US dollar on Friday, extending pressure on the domestic currency as the West Asia conflict pushed crude oil concerns higher and foreign investor outflows continued. Rupee Hits Fresh Record Low At the interbank foreign exchange market, the rupee opened at 92.92 […]
Business Markets
Meta is preparing another round of workforce reductions as the company increases investment in artificial intelligence infrastructure and technology. The move reflects a broader shift in the global technology sector, where companies are restructuring operations and reallocating resources to support rapid AI development. Meta Layoffs Linked To AI Investment Meta is
Business Markets
Asian Stocks Fall As Oil Jumps On Crisis Asian equities came under heavy pressure on Monday as oil prices surged sharply amid the worsening West Asia crisis, with investors reacting to fears of supply disruption, shipping risks and a broader economic shock across the region. The selloff reflected growing concern that the conflict could hit […]
Business Markets
Sensex Falls 1,600 Points, Nifty Below 24,700 Indian equity markets witnessed a sharp sell-off, with the Sensex plunging more than 1,600 points and the Nifty 50 slipping below the 24,700 mark during intraday trade. Broad-based losses were seen across sectors as investors reacted to global cues and profit-booking pressure. Sensex Tanks Over 1,600 Points The […]
Business Markets
Foreign Portfolio Investors (FPIs) turned net buyers in the Indian stock market in February, marking a notable shift after months of outflows, with inflows reaching their highest level in over a year. Despite this return of foreign capital, broader market sentiment remained cautious amid persistent volatility. FPIs Turn Net Buyers In February Data from market […]