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New Covid-19 wave in India? Here’s what the forecaster who saw nation’s covid peak has to say

Experts are concerned about complacency setting in as people resume social and business activity in the face of waning infections.

covid 19 third wave in india

US Stocks: Strong earnings boosting confidence in corporate recovery

This week’s China selloff added to investor worries about the threat to global growth from the delta variant and the potential for tighter policy.

US Stocks, earnings, U.S. Futures, Nasdaq 100 Index, S&P 500

Rakesh Jhunjhunwala heads for the sky; plans ultra-low-cost airline with 70 aircrafts

Billionaire investor Rakesh Jhunjhunwala is planning on having 70 aircraft within four years for a new airline he wants to set up in India on optimism more people will travel by air.

Rakesh Jhunjhunwala

India’s patchy monsoon rain raises economic recovery, inflation worries

The weather pattern, which usually begins its four-month journey from the southern state of Kerala on June 1, stalled for three weeks after bringing higher-than-average rains in the first half of last month.

monsoon in india

Flush with Unicorns, India’s tech moment arrives

Unlike China, where online usage is much more developed, many of India’s 625 million internet users are just dipping their toes into the world of video streaming, social networking and ecommerce

Bloomberg, technology startups in India, Food-delivery app Zomato Ltd., Flipkart, social networking and ecommerce, internet infrastructure

Record steel prices inject life into long-suffering industry

Roaring industrial demand is propelling those rallies, with plants straining to boost supply after lying dormant during the pandemic

steel industry, steel demand, Keybanc Capital Markets and Bank of America Corp, powerhouses China and Russia

U.S. inflation tops forecasts! Powell sticking to his guns that this is a transitory inflationary environment

The June U.S. inflation print on Tuesday topped all forecasts and pointed to higher costs associated with the reopening from the pandemic.

S&P 500 and Nasdaq 100, Powell, inflationary, American stock-index futures, June U.S. inflation

Tesla, Nvidia and Google pushes tech-heavy Nasdaq 100 into uncharted territory

Equities and bonds have rallied amid a decline in long-term interest rates and inflation expectations as central banks hold off on unwinding the support driving the recovery from the pandemic.

Tesla, Nvidia, Nasdaq 100, S&P 500, Google, Equities, bonds,

Current environment is supportive of further equity gains: UBS

There are strong economic reports adding fuel to the rotation into stocks that stand to benefit the most from a U.S. reopening.

US STOCK MARKET, S&P 500, technology companies, growth Stock, value Stock, Robinhood ipo

S&P 500 index may regain some momentum after a lull – Here’s why

Stocks rose with U.S. futures Thursday as traders weighed the outlook for recovery and policy support ahead of a slew of economic reports.

S&P 500 index, Yields, 10-year Treasuries, US Stocks, dollar, jobless claims

John McAfee, antivirus pioneer, dead in Spanish prison after US extradition approved

McAfee was discovered dead in his prison cell hours after Spain’s National Court approved his extradition to the U.S. over multiple tax fraud charges.

John McAfee

US Stocks climb after Powell’s inflation reassurance: Key events to watch this week

Stocks climbed after Federal Reserve Chair Jerome Powell reiterated his views that inflation pressures will be transitory even after a notable increase in recent months.

US Stocks, inflation, Federal Reserve, Jerome Powell, dollar, oil

गौतम अडाणी से क्यों छिना एशिया के दूसरे सबसे बड़े रईस का खिताब? इस हफ्ते क्यों गंवाई दुनिया में सबसे ज्यादा संपत्ति?

Bloomberg Billionaires Index के मुताबिक इस हफ्ते गौतम अडाणी की संपत्ति 1320 करोड़ डॉलर (97.9 हजार करोड़ रुपये)

Gautam Adani loses more money this week than anyone else in the world according to Bloomberg Billionaires Index

Modi govt plans Rs 50,000 crore credit incentives to boost health infrastructure, says source

The program will allow companies to access funds for ramping up hospital capacity or medical supplies with the government acting as a guarantor, said the people, who asked not to be identified citing rules.

narendra modi

Nasdaq 100, S&P 500 remains flat as inflation report is awaited

Traders are waiting to see if the upcoming U.S. inflation print changes perceptions of when the Fed might begin talks about tapering asset purchases.

Stocks, bonds, inflation, U.S. equity, 10-year Treasury yield, index

S&P 500 trading near record highs for three sessions as all eyes on inflation data

U.S. equities have traded in a relatively tight range around record highs in recent weeks as investors try to balance the economic recovery and a dovish Fed against inflation concerns.

S&P 500 trading, record highs, U.S. equities, CPI, Fed, stocks, Amazon., Apple, Alphabet

47 एनालिस्ट्स ने SBI को दी Buy की रेटिंग, 1 साल में सेंसेक्स गेन की तुलना में मिल सकता है दोगुना रिटर्न

देश के सबसे बड़े बैंक SBI को लेकर मार्केट वाचर्स पिछले दो दशकों में कभी भी इतने बुलिश नही

SBI

Bitcoin believers have nothing to worry about – Crypto is here to stay

Bitcoin enthusiasts are in the middle of an existential crisis. But a few other investments require even greater leaps of faith. There are more mysterious, opaque and worse assets out there.

Bitcoin, cryptocurrency, Elon Musk

SBI rating: 47 analysts say ‘Buy’; SBI share price returns may double Sensex gain in 1 year

The consensus 12-month price target calls for an 18% gain, nearly double that for the benchmark S&P BSE Sensex Index.

SBI

Global stocks starting the new month near record highs: Key events to watch this week

Global stocks are starting the new month near record highs, underpinned by the recovery from the health crisis and ample liquidity.

S&P 500, Nasdaq 100, U.S. equity, Commodities, dollar

Q4 GDP data due today: Economy faces resilience test; FY22 estimate cuts show don’t take recovery for granted

Economists say the relaxation of restrictions across states will determine the strength of the rebound, while the willingness of consumers to spend -- as they did last year when lockdown curbs were lifted -- will also be key.

india GDP

Paytm targets $3 billion IPO in what would be India’s largest debut

Paytm, led by founder and Chief Executive Officer Vijay Shekhar Sharma, has been focusing on ramping up revenue and monetizing its services over the past year.

paytm

Nasdaq 100 index jumps to a two-week high, with gains in Apple, Microsoft and Tesla

The latest jobs report comes after mounting concern that faster inflation will prompt authorities to ease back on stimulus has weighed on risk assets in recent sessions.

Nasdaq 100 index, U.S. equity, shares, stocks, Apple, Microsoft, Tesla

Pandemic’s second surge is different from the first; India Inc.’s profits won’t survive costs, Covid variants

The toothpaste maker’s results this week offer a fresh look at a puzzle: the Indian stock market’s apparent disregard for the country’s worst humanitarian disaster in almost 75 years.

colgate

Can digital cash make inflation worse? Fed, other central banks need to be cautious

Inflation is coming. Or wait, it’s already here. Bond investors are looking at the 4.2% annual rate that U.S. consumer prices jumped to in April and wondering if it’s all because of depressed levels from last year.

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