Adani Group stocks rally up to 9% after Hindenburg Research announces shut down
Adani Group stocks rallied after the US investment firm Hindenburg Research announced its closure. Hindenburg shuts down: Adani Group shares experienced significant gains of up to 9% on Thursday, January 16, with Adani Power leading the surge at Rs 599.90 on BSE. Adani Green Energy saw an 8.8% increase to
Meet Japan’s Original Decluttering Guru (No, Not That One)
Before Marie Kondo captured the world’s attention with her exhortations to rid ourselves of items that did not “spark joy,” there was another Japanese guru of decluttering. Her name is Hideko Yamashita. And while Ms. Yamashita, 70, has never reached Ms. Kondo’s level of Netflix-induced fame, she is widely credited
Stock market today: BSE Sensex rises 450 points; Nifty50 above 23,300
Market experts indicate that upcoming US CPI and retail sales data, alongside Q3 earnings reports, will influence market direction. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Thursday. While BSE Sensex rose 450 points, Nifty50 was above 23,300. At 9:25 AM,
Economic Toll of Los Angeles Fires Goes Far Beyond Destroyed Homes
After decades of mounting damage from climate-fueled natural disasters, researchers have compiled many misery-filled data sets that trace the economic fallout over weeks, months and years. The fires still burning in Los Angeles are sure to rank among America’s most expensive — but there is no perfect analogue for them,
Stocks to buy: Top stock recommendations for January 16, 2025
Top Stock Picks For Today (AI image) Stock market recommendations: According to Sagar Doshi, Senior Vice President- Research, Nuvama Professional Clients Group, ICICI Lombard General Insurance, Eicher Motors, and Navin Fluorine are the top stock picks for today. Here’s his view on Nifty, Bank Nifty and the top stock picks
Jeffrey Epstein’s Associates Could Reap Benefit of a Big Tax Refund
Jeffrey Epstein’s once vast estate — art, jewelry, lavish properties and investments — was meant to be drained by settlements to his many sexual abuse victims and payments to resolve other legal claims. But now it appears that two of his most loyal business associates, who are serving as executors
FMCG companies woo rural market as urban slows
MUMBAI: All roads lead to hinterlands for FMCG companies as consumption in rural India has been growing faster than in urban in recent quarters, helped in parts by bountiful monsoons which boosted household incomes. Fast-moving consumer goods companies are widening their rural distribution network, launching affordable pack sizes and pushing
JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big Profits
Worried about the economy? You must not run a major bank. A swath of the nation’s largest lenders, including JPMorgan Chase, Wells Fargo and Goldman Sachs, reported quarterly and annual financial results on Wednesday that beat analysts’ expectations, and largely expressed a go-go attitude about what’s ahead after President-elect Donald
CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled
Consumer prices rose more quickly in December, the latest sign that the Federal Reserve’s fight against inflation may have stalled. The Consumer Price Index rose 0.4 percent from November, and was up 2.9 percent from a year earlier, the Labor Department said on Wednesday. It was the fastest one-month increase
Re up 27p, logs best single-day gain in 7 months
MUMBAI: The rupee rebounded on Wed, recovering from its all-time low in the previous session to log its best single-day gain in over seven months. It closed at Rs 86.36 against the US dollar, gaining 27 paise from Rs 86.63. This marked its strongest percentage rise since Jun 3, 2024.The