TRILLION DOLLAR INDUSTRY

Portfolio recalibration began at the end of last week after Biden's contentious debate with Trump sparked concerns about the 81-year-old Democrat's suitability for another term.

The Tamil Nadu government plans to establish an international airport on 2,000 acres in Hosur, capable of handling 30 million passengers annually, to support the industrial growth in Krishnagiri and Dharmapuri districts. Chief Minister M K Stalin an...

The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, gained 0.31% at 106.00, with the euro down 0.25% at $1.0686.

The Adani Group, he said, will invest over $100 billion (around ₹8.35 lakh crore) over the next decade in energy transition projects and in manufacturing every major component required for green energy generation. Adani Green Energy is building sola...

Indian policymakers discussed the impact of the proposed Digital Competition Bill on data and digital markets at the MEITY meeting with industry representatives. Stakeholders had differing opinions on the regulations, with some supporting its provis...

The dollar remains strong as the euro nears a one-month low amid concerns in Europe. China's economic data suggests an uneven recovery. Political turmoil in Europe affects the euro, benefiting the dollar indirectly.

Despite a challenging economic environment, HCLTech has achieved remarkable annual growth and outpaced larger competitors. The third-largest software services firm, with annual revenues of $13.27 billion, reported growth that outpaced Tata Consultan...

BJP responds to Rahul Gandhi's stock market scam allegations against PM Modi and Amit Shah. Piyush Goyal accuses Rahul of creating fear in investors, highlights India's economic growth and market cap increase.

S&P 500 and Nasdaq hit record highs on Wednesday fueled by tech stocks amid expectations of Fed's easing cycle, impacting various sectors and economic indicators.

The trillion-dollar market-cap addition to $5 trillion happened in less than six months, in 117 sessions. The market value of BSE-listed companies crossed $4 trillion for the first time on Nov 29, 2023.

Although money typically doesn't require publicity, Zimbabwe's sixth national currency in 15 years needs all the help it can get. Desperate to halt a money crisis underlining the country's economic troubles, the government launched the gold-backed Z...

Spot gold rose on Friday despite US inflation data, anticipating rate cuts amid a weakening US economy. US CPI and PPI Final demand were below forecasts. US Fed Chair Powell remains optimistic about inflation. US Philadelphia Fed business outlook wa...

Americans are not alone in their complaints about China's new tide of exports. European leaders have raised similar concerns.

Anil Rego foresees the semiconductor industry becoming a trillion-dollar sector by 2030, driven by automotive, data storage, and wireless industries. He recommends focusing on high-quality stocks in banking, auto & ancillaries, and building material...

Ruben Lubowski, an environmental economist, discusses economic strategies for tackling climate change, protecting forests, and restoring natural ecosystems. He highlights the success of the Brazilian government in reducing deforestation and the impo...

The Indian stock market is on the verge of hitting the coveted $5 trillion market capitalisation mark following an unprecedented amount of wealth creation. India joined the $4 trillion club on 29 November 2023 and is now the fourth largest stock mar...

But inside the annual Exchange conference, industry insiders were obsessing over an event that could prove a far bigger deal for the $8.4 trillion business than the long-awaited launch of spot Bitcoin ETFs: Regulatory approval of new share-class str...

India aims to become a 5-trillion-dollar economy by increasing the manufacturing sector's contribution to GDP. The 'India Inc On The Move 2024' event focuses on smart and sustainable practices, addressing policy changes, investments, and the converg...