SpaceX shares came below listing price for the 1st time since market debut NEW DELHI: SpaceX shares fell below their initial public offering (IPO) price for the first time on Wednesday, marking a sharp reversal for the Elon Musk-led company after its blockbuster market debut just over a month ago.The stock declined 1.9 per cent…
US Stocks today: Markets open in green despite Iran tensions, oil price swings (Image/AP) US stock markets edged higher on Wednesday after strong quarterly earnings from major companies, while investors also reacted to fresh inflation data and rising tensions in the Middle East.The S&P 500 rose 0.2 per cent, putting it on track for its…
US issues fresh sanctions again Iranian and Russian entities and individuals The United States on Wednesday imposed fresh non-proliferation sanctions on seven individuals and entities across Iran, Russia, Italy and Nigeria for allegedly supporting weapons procurement on behalf of Iran’s Islamic Revolutionary Guard Corps (IRGC). The action, announced by the US treasury department‘s office of…
JPMorgan Chase could become the first bank with $1 trillion valuation JPMorgan Chase could become the world’s first bank to touch the market valuation of $1 trillion.The lender’s shares surged to a record high after it reported the highest quarterly profit ever posted by a US bank, lifting its market capitalisation to around $919 billion….
Kia India has unveiled the much-anticipated Syros EV. The company has also opened pre-bookings for the electric SUV at Rs 25,000 through its official website and dealerships across the country. The Syros EV is being offered with two battery pack options and claims an ARAI-certified driving range of up to 526 km.The bigger 51.4 kWh…
Royal Enfield has debuted the limited-edition Shotgun 650 x Rough Crafts in India at an ex-showroom price of Rs 5.75 lakh. Developed in collaboration with custom motorcycle builder Rough Crafts, the special edition is based on the custom-built ‘Caliber Royale’ showcased at EICMA 2025 and later displayed at Motoverse 2025.The motorcycle will be produced in…
MUMBAI: HDB Financial Services reported net profit of Rs 785.2 crore for the June 2026 quarter, up 38.3% from Rs 567.7 crore in the year-ago period, driven by steady growth in net interest income and a moderate rise in non-interest income alongside stable credit costs.Net interest income rose to about Rs 2,508.7 crore from Rs…
A common mistake investors make is replacing mutual funds solely because they underperformed over a short period. (AI image) The author is CEO of PaisabazaarFor many salaried individuals, a new financial year begins with bigger paychecks and bonuses. With higher income, the immediate instinct may be to invest in a new mutual fund scheme, increase…
Cabinet approved 43.218 km Link/Connector Corridor connecting NH-31 and Varanasi Ring Road along the River Varuna . NEW DELHI: The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved two highway projects to further strengthen infrastructure in Varanasi (Kashi) by constructing a 43.2-km, predominantly 6/4-lane elevated corridor along the Varuna riverbank and a 46.04-km, predominantly…
Just as global energy supplies were beginning to stabilise after nearly four months of disruption, Iran has issued a fresh warning over the Strait of Hormuz. This time, however, the threat could extend far beyond the waterway.As tensions in the Middle East intensify again, Iran has warned that it could expand efforts to disrupt regional…
