US stocks were mixed in early trading on Wednesday, a day after key indices touched fresh record highs, as investors turned cautious ahead of crucial US jobs data and amid rising global uncertainty.The S&P 500 was hovering between gains and losses, while the Dow Jones Industrial Average edged up 28 points, or 0.1 per cent….
Warner Bros. Discovery has once again turned down a takeover offer from Paramount, telling shareholders that the rival bid does not serve their interests and reiterating its recommendation to support a proposed $72 billion transaction with Netflix.In a statement on Wednesday, the company said its board had reviewed Paramount’s latest proposal and concluded that it…
Equity indices extended their decline on Wednesday, with the Sensex and the Nifty ending lower for a third consecutive session as sustained selling in heavyweight stocks, rising geopolitical unease and weak global cues dented investor confidence. The BSE Sensex has shed over 1,144 points in the past three sessions, sliding from a close of 85,762.01…
SCSS accounts help earn interest payments on a quarterly basis. (AI image) Senior Citizens Savings Scheme or SCSS is a popular Post Office investment and savings scheme for senior citizens and retired individuals. The government-backed scheme is seen as a guaranteed cushion for regular interest income flow, especially for individuals who are looking for high…
Indian economy (AI image) India’s economy will grow at a robust 7.4% in the financial year 2025-26, according to the first advanced estimates of Gross Domestic Product released by the National Statistics Office (NSO). This is much higher than the 6.5% growth in the previous financial year. Nominal GDP is expected to rise by 8.0%…
File photo (Picture credit: ANI) NEW DELHI: Experience-led tourism is gaining momentum among India’s Gen Z, as a survey done by travel portal Airbnb reveals that over 62 per cent of the country’s Gen Z plans to travel for concerts and music festivals in 2026. According to an Airbnb press release, music is now a…
E-commerce platform Meesho’s shares dropped by 5 per cent to Rs 173.20 on Wednesday on the BSE after a one-month lock-in period ended. This made 110 million shares, representing 2 per cent of the company’s equity, available for trading. Despite this dip, major brokerages remain positive about Meesho’s future growth potential.The stock, which is still…
An FD gives you a fixed interest rate, a promise from the bank that you’ll get your money plus that interest back at maturity. (AI image) Over the long run, mutual funds usually outpace FDs—but only if you use each for the right goal, time frame and temperament.You talk about mutual funds and there’s always…
The rupee showed slight improvement against the US dollar on Wednesday, surging 26 paise to reach 89.92 in early trading. This came due to a weaker dollar globally and falling crude oil prices. The currency had already shown positive movement on Tuesday, ending its four-day decline.Starting the day at 90.20, the rupee kept getting stronger…
Asian markets had mixed performances in Wednesday’s sessions, tempering Wall Street’s recent historic records, while the interest rate trend in the global market, coupled with developments in Venezuela, caught the interest of most traders. Turning to foreign news, US troops reported the arrest of Venezuelan President Nicolas Maduro, while Trump claimed ownership of Greenland control.Japan’s…
