Check out the companies making the biggest moves premarket: Goldman Sachs — Shares fell more than 2% despite the bank reporting an earnings and revenue beat in its first quarter report, thanks to record equities trading and stronger investment banking revenues. Goldman reported $17.55 in earnings per share and $17.23 billion in revenue, better than…
A mix of global tensions, corporate earnings and key economic cues is set to shape stock market movement in the coming week, which will be shorter due to a market holiday on Friday for Maharashtra Day.Developments in the Middle East, particularly around the Strait of Hormuz, remain at the centre of investor attention, with their…
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LUCKNOW: Even as the state level coordinator (SLC) of oil marketing companies (OMCs) continues to maintain that the supply of petroleum products in Uttar Pradesh is “completely normal and under control”, a comparison of two official statements issued on April 6 and April 27, points to emerging pressure in the system—particularly in LPG logistics—alongside a…
A promise made at the 2023 COP28 climate summit to move away from fossil fuels had raised hopes that the world will now be shifting in another direction. Some even saw it as the beginning of the end for using oil as a fuel. However, even years later, the promise seems far from being fulfilled….
Indian equity markets are set for an event-heavy week ahead, with investors closely tracking the onset of the December quarter earnings season, key domestic and global inflation data, and developments on the global macro and geopolitical front, analysts said, PTI reported.Quarterly results from several heavyweight companies across information technology, banking, financial services and energy sectors,…
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US President Trump indicated on Monday that he plans to lower tariffs on India in the future. (AI image) With US President Donald Trump hinting at a trade deal soon, Global Trade Research Initiative (GTRI) founder Ajay Srivastava says that India should push for rollback of 25% tariffs on account of Russian crude oil. Srivastava…
Benchmark equity indices Sensex and Nifty ended higher on Thursday after recovering from sharp early losses, supported by buying in heavyweight Larsen & Toubro and optimism following the Economic Survey’s growth outlook for the next financial year.The 30-share BSE Sensex rose 221.69 points, or 0.27 per cent, to close at 82,566.37. The index had slipped…
India is projected to record high economic growth despite a volatile and unfavourable external environment, supported by strong domestic consumption and investment, Reserve Bank of India Governor Sanjay Malhotra said on Wednesday, PTI reported.“Maintaining financial stability and strengthening the financial system remains our north star,” Malhotra said in the foreword to the latest Financial Stability…
