The FinTech Hub
Source: Live Mint US stock indices declined at the open on Monday on worries over a full-blown trade war after President Donald Trump imposed steep tariffs on Mexico, Canada and China. Fears of a global trade war and its impact on the world economy also jolted the stock markets around the world. At the opening…
Source: Live Mint US stock indices declined at the open on Monday on worries over a full-blown trade war after President Donald Trump imposed steep tariffs on Mexico, Canada and China. At the opening bell, the Dow Jones Industrial Average fell 276.5 points, or 0.62%, to 44,268.15. The S&P 500 fell 70.9 points, or 1.17%,…
Source: Live Mint Alembic Pharmaceuticals posted its results for the quarter ended December 2024 (Q3FY25). Its consolidated net profit tumbled 23.29 percent to ₹138.42 crore in Q3 FY25, compared with ₹180.45 crore posted in Q3 FY24. However, revenue from operations was at ₹1,692.74 crore in the third quarter of FY25, up 3.81 percent year on…
Source: Live Mint Bajaj Broking stated that Finance Minister Nirmala Sitharaman created history on February 1, 2025, by presenting her eighth consecutive Union Budget, reinforcing the government’s commitment to economic growth. This budget plays a crucial role in laying out a roadmap for achieving Viksit Bharat (Developed India). The Finance Minister emphasised four key growth…
Source: Live Mint Wall Street investors will have a plenty of economic data to watch for in the week ahead. The major spotlight would be on jobs data for January, the University of Michigan’s preliminary consumer sentiment report, and manufacturing data for January. Besides economic data, the markets are likely to show some reactions to…
Source: Live Mint Budget 2025: The Indian stock market experienced high volatility on Saturday, February 1, following the FY26 Union Budget announcement by Finance Minister Nirmala Sitharaman. While the budget introduced major changes in income tax slabs, shifting more money into the hands of middle-class consumers, market sentiment remained mixed due to concerns over government…
Source: Live Mint Wall Street stocks surged on Friday, led by gains in Apple following its upbeat results and on an in-line Federal Reserve-preferred inflation. The Personal Consumption Expenditures (PCE) price index rose 2.6 per cent in December, up from 2.4 per cent in November but in line with analyst expectations. At 09:40 a.m. ET,…
Source: Live Mint Wall Street stocks opened higher on Friday, led by gains in Apple following its upbeat results and on an in-line Federal Reserve-preferred inflation. At the opening bell, the Dow Jones Industrial Average rose 172.2 points, or 0.38%, to 45054.36. The S&P 500 rose 25.6 points, or 0.42%, to 6096.79, while the Nasdaq…
Source: Live Mint PNB Q3 Results: Punjab National Bank (PNB) on Friday, January 31 posted strong results for the quarter ended December 2024 (Q3FY25). It reported a standalone net profit of ₹4,508.21 crore in the quarter ended December 2024, recording a substantial growth of 103 percent from ₹2,222.8 crore, in the year-ago quarter. Sequentially, it…
Source: Live Mint US stock indices advanced on Thursday, led by post-earnings gains in Meta Platforms and Tesla. At 10:01 am ET, the Dow Jones Industrial Average rose 102.06 points, or 0.23 per cent, to 44,815.58, the S&P 500 gained 28.19 points, or 0.47 per cent, to 6,067.50, and the Nasdaq Composite added 74.76 points,…
