Rescue Operation to Free Trapped Workers in Uttarkashi Tunnel to Conclude Today, ONGC Director Asserts As the operation to rescue 41 workers trapped in a collapsed portion of the Uttarkashi tunnel enters its 13th day, the director of Oil and Natural Gas Corporation (ONGC) present at the site has expressed confidence that the workers will…
India’s primary market is vibrant and continues to attract strong investor interest, even after raising ₹1.5 lakh crore this week. A diverse range of companies, including smaller niche players, are entering the primary markets, indicating a sustained appetite among the investing community in India’s growth story. The response to IPOs this week has been exceptional,…
New India Assurance and General Insurance Corporation have seen a significant surge in their stock prices, with New India Assurance up 17% at Rs 204 and General Insurance Corporation up more than 12% at Rs 297 on the BSE. Both stocks have reached 52-week highs. Additionally, Life Insurance Corporation of India has also seen an…
Chinese electric car company BYD announced the launch of its flagship Han sedan in the United Arab Emirates this week. The company also revealed plans to offer its ATTO 3 for sale in the UAE, although it’s unclear when deliveries will begin. This move represents a strategic push by Chinese businesses into the Middle East…
Mortgage Demand Rebounds as Interest Rates Slide In a sign that the housing market may be starting to pick up some momentum, mortgage demand rose last week as interest rates continued to decline. According to the Mortgage Bankers Association’s seasonally adjusted index, total application volume increased by 3% from the previous week. The average contract…
Stock Market Update: Important News for Investors Investors looking to start their trading day should take note of these important news items: 1. Market Rally Stalled After five consecutive winning days for the S&P 500 and the Nasdaq Composite, all three major indexes ended Tuesday lower, due to concerns about inflation and the Federal Reserve’s…
Stocks Experiencing Significant Pre-market Movement Investors and traders are closely monitoring the pre-market activity of several stocks as significant movements have been observed. The following stocks are currently experiencing the largest moves in pre-market trading: 1. Nvidia (NVDA): The stock of the multinational technology company is seeing a notable increase in pre-market trading. This uptick…
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Sam Altman, who is a US entrepreneur, investor, programmer, and founder and CEO of OpenAI, has returned as the CEO after several days of crisis and tumult. The previous leadership that ousted Altman has been replaced by three new board members, leaving the new board to be fully built. Negotiations are said to be underway…
Geert Wilders, the far-right political leader of the Party for Freedom (PVV), made headlines with his significant victory in the Dutch general elections held on November 22, 2023. After 25 years in politics, Wilders emerged as a powerful force in the Netherlands’ political landscape, causing concern for both the European Union and Ukraine. His anti-immigration…
