IPO market cools after shutdown: US listings slow as SEC backlog delays approvals; tech slump adds pressure

The strong run in US initial public offerings has lost momentum due to the government shutdown and increased investor caution, as the Securities and Exchange Commission (SEC) works through a backlog of regulatory filings, according to market participants.Many IPOs expected in late 2025 are likely to be pushed to 2026 as the SEC clears “hundreds…

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Iran continues shipping millions of barrels of oil via Strait of Hormuz to China despite escalating conflict

Iran shipped millions of barrels of crude oil, all to China, through the Strait of Hormuz despite escalating tensions in the region following the outbreak of the US-Israel war with Iran on February 28, which has disrupted broader maritime traffic through the key energy corridor.At least 11.7 million barrels of Iranian crude have passed through…

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Parliament face-off: Centre, oppn clash as debate on no-confidence motion against Birla begins | India News

NEW DELHI: Lok Sabha on Tuesday witnessed a fiery showdown between the opposition and the treasury benches as the House took up the resolution seeking the removal of Speaker Om Birla.BJP MP Jagdambika Pal, who was in the Chair, granted permission for a 10-hour debate after Congress MP Mohammad Jawed read out the notice. The…

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Indian commercial vehicle industry poised for upcycle as replacement demand builds: Nomura

The Indian medium and heavy commercial vehicle (M&HCV) industry appears to be entering the next upcycle, with industry volumes estimated to grow by around 8 per cent year-on-year in FY26 and 10 per cent in FY27, following a period of modest growth, according to a report by Nomura.The report highlighted that improving industry fundamentals are…

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8% Plunge as Ether ETFs Bleed $1.4B, Long-Term Holders Sell

Ethereum’s ether ETH$3,171.33 fell sharply from Thursday to Friday, plunging over 10% from peak to trough a broad-market crypto selloff accelerated with bitcoin breaking below the $100,000 level. The second largest cryptocurrency tumbled from $3,565 earlier on Thursday to $3,060 by early Friday, erasing all of past week’s rebound. It recently stabilized just below $3,200,…

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Govt taking steps to tackle GPS spoofing at airports: Naidu | India News

NEW DELHI: India is taking “new protective measures” to tackle the issue of GPS spoofing that has been witnessed at several airports in country. Union aviation minister Rammohan Naidu on Monday told Parliament that some flights had recently reported GPS spoofing in the vicinity of IGI Airport while approaching runway 10 using satellite-based landing procedures,…

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Satcom rollout: Services to start after security clearances and spectrum pricing; telecom minister Jyotiraditya Scindia gives this update

Satellite communication services in India will be rolled out only after operators meet security requirements and spectrum pricing is finalised, Union telecom minister Jyotiraditya Scindia said, adding that the government is also examining issues related to Vodafone Idea (Vi).In an interview to PTI, Scindia said players such as Elon Musk-owned Starlink, Eutelsat One and Jio…

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Evening news wrap: PM Modi speaks to Kuwait Crown Prince; Punjab to seek water royalty from Rajasthan; & more | India News

Trump hinted at “finishing off” Iran as US-Israel strikes hit a major Iranian gas facility and Israel warned of more escalation. PM Modi told Kuwait’s Crown Prince that safe navigation through the Strait of Hormuz is India’s top priority. The Centre offered states 10% extra commercial LPG if they support a long-term shift from LPG…

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J&J’s talc trouble continues: Johnson & Johnson ordered to pay $40 million in baby powder cancer case

A California jury ordered Johnson & Johnson to pay $40 million to two women who claimed its talc-based baby powder caused their ovarian cancer. The women testified that decades of use led to major surgeries and chemotherapy. Johnson & Johnson plans to appeal, stating the verdict is aberrant and lacks evidence. A California jury on…

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