India’s markets regulator on Friday proposed changes to the country’s block deal framework, including raising the minimum order size for such trades. The Securities and Exchange Board of India proposed to increase the minimum block deal size to 250 million rupees from the current 100 million rupees, according to a consultation paper published on its […]
Jerome Powell says rates may need to be cut, but US Fed to proceed carefully
Federal Reserve Chair Jerome Powell on Friday pointed to a possible interest rate cut at the U.S. central bank’s meeting next month, but stopped short of committing to it, in remarks acknowledging both the growing risks to the job market and ongoing threat of higher inflation. “While the labor market appears to be in balance, […]
US Fed chair Jerome Powell’s nuance was lost on the markets, says Jonathan Levin
Speaking to a Senate Committee in 1987, then Federal Reserve Chairman Alan Greenspan said, “If I seem unduly clear to you, you must have misunderstood what I said.” I wonder if current Fed Chair Jerome Powell is thinking the same thing. In a widely-anticipated speech at the central bank’s annual retreat in Jackson Hole, Wyoming, […]
Trump says Intel has agreed to a deal for US to take 10% equity stake; Intel shares surge 6%
President Donald Trump said on Friday the U.S. would take a 10% stake in Intel under a deal with the struggling chipmaker and is planning more such moves, the latest extraordinary intervention by the White House in corporate America. An official announcement on the arrangement is expected later in the day, a source familiar with […]
US small caps, housing stocks rally as Powell opens door to rate cuts
Rate-sensitive stocks rallied on Friday after U.S. Federal Reserve Chair Jerome Powell hinted that an interest-rate cut could be on the table in September, citing a shifting balance of risks. Traders now see a 90% chance of a rate cut next month compared with about 75% before Powell’s remarks. After cutting rates by 50 basis […]
Apollo Hospitals’ Rs 1,489 crore block deal attracts marquee investors; T. Rowe Price, SocGen, Morgan Stanley lead buying
Apollo Hospitals Enterprise promoter Suneetha Reddy’s Rs 1,489 crore worth stake sale on Friday via block deals generated strong response from top foreign and domestic investors. Among the buyers were Abu Dhabi Investment Authority, BNP Paribas Financial Markets, Copthall Mauritius Investment Limited, Ghisallo Master Fund LP, Goldman Sachs (Singapore) Pte, Societe Generale, Morgan Stanley Asia […]
Fed’s Powell hints at early rate cut. Dow surges 870 points, Nasdaq 420; Cboe drops 12%
US stocks which surged higher on Friday ahead of Federal Reserve Chairman Jerome Powell’s Jackson Hole speech extended their leads following the address after the Central Bank chief hinted at a likely rate cut soon in the wake of a shaky US job market. All three major indices on Wall Street cheered the announcement, rising […]
Powell signals Fed may cut rates soon even as inflation risks remain
Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on the timing of a move and suggested the central bank will proceed cautiously as it continues to evaluate the impact of tariffs and other policies on the […]
Under Trump pressure, US Fed chief Jerome Powell to walk tightrope in Jackson Hole speech
US Federal Reserve chief Jerome Powell is expected to walk a fine line while delivering a closely watched speech at a central banking conference on Friday, as he faces down attacks from President Donald Trump alongside mixed economic data. The US central bank chair may have used his keynote speech at the Jackson Hole Economic […]
9 Midcap Stocks See Rising Insurance Shareholding in Q1FY26
Rising Insurance Stakes An increase in insurance shareholding indicates that insurance companies have raised their stakes in a company during the current quarter compared to the previous one. In the NSE midcap segment, we highlighted the top 9 stocks that saw a rise in insurance shareholding from the March ’25 quarter to the June ’25 […]