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Bound for Mars, Elon Musk’s SpaceX unveils filing for blockbuster IPO
SpaceX has filed for its initial public offering. The company aims for a trillion-dollar market debut. This listing could set a precedent for future IPOs
US stocks today: Dow soars 600 pts, Nasdaq 1.5% as chip stocks rally eyeing Nvidia results, Iran peace deal hopes
Wall Street indexes jumped over 1% led by tech and semiconductor rally ahead of Nvidia earnings. Target fell on weak outlook. Airlines gained as oil
Sebi proposes to permit third-party payment in MFs in certain scenarios
The current regulatory framework mandates that all payments for investments in mutual funds must originate directly from the investor’s own bank account and be routed
RBI to infuse liquidity via $5 billion dollar rupee swap auction on May 26
The RBI will conduct a $5 billion USD/INR buy-sell swap auction on May 26 to inject long-term liquidity into the banking system and strengthen forex
AI boom: Global stock market order shuffles as Taiwan, South Korea overtake Western giants
Asian markets are making waves. South Korea’s Kospi and Taiwan’s stock market have surged, driven by the AI boom. These markets are now outperforming many
FIIs won’t return in a hurry; need 3 triggers: Amar K Ambani
Foreign institutional investors (FIIs) are unlikely to return to Indian equities soon due to structural and cyclical forces, including modest dollar returns and the AI