BizTrendWire Your quick daily dose of business trends
Your Go-To Hub for Business Trends, Market Insights, and Growth Strategies
Latest India business, market, economy, technology and company news from trusted global and local sources.
Source: Reuters (via feed) U.S. President Donald Trump said on Friday that Chinese President Xi Jinping was "very happy" about the status of the Strait of Hormuz. Trump mentioned the Strait of Hormuz while referring…
Source: Reuters (via feed) Meta plans to begin companywide layoffs on May 20. The initial round will cut 8,000 jobs. This action is linked to increased spending on artificial intelligence. The layoffs cover the entire…
In a significant escalation of its enforcement drive, the International Financial Services Centres Authority (IFSCA) has cancelled the broker-dealer registration of String AI IFSC Private Limited, marking the first such licence revocation in GIFT City.…
India’s banking sector ended FY26 on a robust note, with systemic credit growth accelerating to 16.1% year-on-year as of March-end. The final fortnight of the fiscal saw a sharp pickup, with incremental credit addition of…
Akshaya Tritiya, occurring on the third tithi of the bright fortnight of Vaishakha, is a significant date in the Vedic tradition. It is described as swayam siddha, self-auspicious, and does not require additional muhurta verification.…
Source: Reuters (via feed) An Indian government bill to expand assemblies and reserve a third of the seats for women did not get enough votes to pass parliament on Friday. The bill's failure marked a…
Gold and silver have both shown strong returns since last Akshaya Tritiya, but silver has significantly outperformed gold, delivering a remarkable 160% return compared to gold's nearly 58.7%. Gold remains a reliable store of value,…
The markets traded with a recovery bias through the week, witnessing a rebound after early weakness and eventually closing on a positive note. Nifty oscillated in an 845-point range before settling near the higher end…
Gold demand and consumer sentiment remain firm ahead of Akshaya Tritiya on Sunday, April 19, as retail investors look to bullion as a preferred avenue for wealth creation. Experts indicated that while the volume of…
Financial markets are in a buoyant mood as U.S. President Donald Trump signals confidence that the war in Iran will end soon, with talks probably on the cards again this weekend. Investors will learn more…
The Bombay High Court has directed social media platforms and domain registrars to remove fake accounts and websites impersonating the National Stock Exchange (NSE). The court granted ad interim relief to NSE in a trademark…
If you’re new to commodity markets, focus on crude oil, copper, and gold. These commodities influence global markets, affecting inflation and stock prices. Crude oil impacts fuel costs, aviation, transportation, manufacturing, and food prices. OPEC…
Akshaya Tritiya symbolizes continuity, prosperity, and enduring choices. This year, gold prices in India have risen over 30%. Factors include geopolitical tension, aggressive buying by global central banks, and a renewed investor preference for stable…
Source: Reuters (via feed) Iran requires ships crossing the Strait of Hormuz to coordinate with its Islamic Revolutionary Guard Corps (IRGC), a senior Iranian official told Reuters. The official said all ships can sail through…
Berkshire Hathaway Chief Executive Greg Abel has sold stocks previously managed by Todd Combs, one of Warren Buffett's former investment managers, according to the Wall Street Journal. Abel is unlikely to hire anyone to help…
Iran has reopened the Strait of Hormuz, leading to a significant drop in crude oil prices. The S&P 500 reached an all-time high this week, and the CBOE VIX is back to pre-Middle East war…
Source: Reuters (via feed) India's government will not proceed with a proposal to require smartphone makers to pre-install the biometric identification app Aadhaar on their devices. A state body confirmed the decision on Friday. The…
Mumbai: Indian equity gauges, battered in March due to the Iran war, eked out gains for the second straight week Friday on expectations the recent overtures of peace by both Iran and the US would…
The benchmark S&P 500 and the tech-heavy Nasdaq each rallied to their third record close in a row on Friday. The blue-chip Dow marked its highest finish since late February. Investors reacted positively to Iran's…
The benchmark S&P 500 and the tech-heavy Nasdaq each rallied to their third record close in a row on Friday, while the blue-chip Dow marked its highest finish since late February. Investors reacted positively to…
Mumbai: Wipro led the losers on the Nifty on Friday, coming under selling pressure after its March-quarter earnings missed expectations, with even a ₹15,000 crore buyback failing to lift sentiment. Brokerages said that the effective…
Prachi Deuskar, Co-Founder of Lotusdew, anticipates a downward revision in corporate earnings estimates, aligning with GDP growth forecasts. She stated that Q1FY27 will experience squeezed margins due to higher input costs and supply chain disruptions,…
Source: Reuters (via feed) Stocks and bond prices jumped on Friday. Oil and the dollar fell sharply. Iran's foreign minister said passage for all commercial vessels through the Strait of Hormuz was declared completely open.…
Source: Reuters (via feed) Regions Financial reported a 14% increase in profit for the first quarter. The company attributed the rise to strong loan growth following U.S. Federal Reserve rate cuts. Interest income increased during…
Lloyds Group companies have acquired more than 5 percent equity stake in Bharat Wire Ropes through open market transactions on April 17. Bharat Wire Ropes shares were locked in a 20 percent upper circuit at…
