#Bitcoin jumps back above $90,000 after bruising selloff
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Moneycontrol
Bitcoin jumps back above $90,000 after bruising selloff
The original cryptocurrency rallied as much as 6.8% to $92,323, while its next biggest rival - Ether - rebounded by more than 8% to briefly push its price back above $3,000.
Oil prices fall on weak demand as markets await Ukraine peace effort for supply signs
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Moneycontrol
Oil prices fall on weak demand as markets await Ukraine peace effort for supply signs
Oil markets are awaiting the outcome of the Ukraine peace talks to see if a deal could lead to the removal of sanctions on Russian companies, including major oil companies Rosneft and Lukoil, that would free up restricted oil supply
Rupee falls to a new low, crosses 90-mark against US dollar
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Moneycontrol
Rupee at new low: INR closes below 90 for the first time against US Dollar
Stalled India-US trade talks and heavy FPI outflows continue to weigh on the rupee despite the weakening of the dollar index
🚨Meesho IPO opens: brokerages suggest ‘Subscribe’, but divided between scalable growth and profitability risks
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Moneycontrol
Meesho IPO opens: brokerages suggest ‘Subscribe’, but divided between scalable growth and profitability risks
Brokerages recommend subscribing to the Meesho IPO for long-term investors while noting meaningful risks -- profitability and competition. They cite Meesho’s dominant presence in value-driven e-commerce, strong network effects, improving contribution margins…
#MarketsWithMC | Wipro, TCS, Infosys, other IT stocks rise up to 2% as rupee hits fresh record low
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https://www.moneycontrol.com/news/business/markets/wipro-tcs-infosys-other-it-stocks-rise-up-to-2-as-rupee-hits-fresh-record-low-here-s-why-13708262.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Wipro, TCS, Infosys, other IT stocks rise up to 2% as rupee hits fresh record low: Here's why
IT firms will benefit from the weakening of rupee as most of their revenue is generated in US dollars.
🚨Microsoft outage hits check-in systems of IndiGo, SpiceJet, Akasa Air and Air India Express
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https://www.moneycontrol.com/technology/microsoft-outage-hits-check-in-systems-of-indigo-spicejet-akasa-air-and-air-india-express-article-13708330.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Outage hits check-in systems of IndiGo, SpiceJet, Akasa Air and Air India Express
A global outage disrupted airport check-in systems across India, causing delays for IndiGo, SpiceJet, Akasa Air and Air India Express. Airlines were forced to switch to manual processes as passengers faced long queues and slower boarding.
Sanchar Saathi mandate: No privacy risks; pre-install order has strong legal backing as app downloads jump 10x, say govt sources
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Moneycontrol
Sanchar Saathi mandate: No privacy risks; pre-install order has strong legal backing as app downloads jump 10x, say govt sources
Sources emphasised that Sanchar Saathi has only limited access to phone data — and only with explicit user consent during each "interaction of reporting fraud".
India loses top manufacturing spot as PMI falls to nine-month low
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Moneycontrol
India loses top manufacturing spot as PMI falls to nine-month low
Thailand edges ahead as India’s factory activity cools sharply; global manufacturing shows mixed but improving signals
WATCH 🎥 | "Effective cost is just ₹25/litre. The cost of ethanol is Rs 65 per litre, whereas petrol costs Rs 120 per litre." says Union MInister Nitin Gadkari.
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#WATCH 🎥 | “Effective cost is just ₹25/litre” 🚗🌱
Union Minister Nitin Gadkari showcases a flex-fuel car running on 100% bio-ethanol, highlighting how it cuts pollution, reduces fuel costs, and boosts farmer incomes.
"The cost of ethanol is Rs 65 per litre…
Union Minister Nitin Gadkari showcases a flex-fuel car running on 100% bio-ethanol, highlighting how it cuts pollution, reduces fuel costs, and boosts farmer incomes.
"The cost of ethanol is Rs 65 per litre…
Exclusive 🚨 | India-led growth powers smartphone maker Nothing’s IPO push as it steps up challenge to Apple, Samsung: Co-founders
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https://moneycontrol.com/news/business/companies/india-led-growth-powers-smartphone-maker-nothing-s-ipo-push-as-it-steps-up-challenge-to-apple-samsung-co-founders-13709139.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
India-led growth powers smartphone maker Nothing’s IPO push as it steps up challenge to Apple, Samsung: Co-founders
Nothing has raised more than $450 million to date from investors such as Tiger Global, GV, Highland Europe, EQT, and Qualcomm Ventures
Ola pauses food delivery business, pulls Foods from app 🔴
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Moneycontrol
Ola pauses food delivery business, pulls Foods from app
Over the past two years, Ola has wound down or shrunk several experiments outside its mobility business, including used cars and quick commerce pilots Ola Cars and Ola Dash
Cigarettes ‘must not become affordable’, says FM as Centre restores excise duty after GST cess sunset
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Reliance Industries and Surrey announce partnership in Oval Invincibles franchise in The Hundred
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Moneycontrol
Reliance Industries and Surrey announce partnership in Oval Invincibles franchise in The Hundred
The partnership follows completion of a deal, which gives the organisations 49% and 51% stakes in the franchise, respectively. Owing to this, the ownership has now been transferred from England and Wales Cricket Board.
#MarketsWithMC | Asian stocks track US peers higher on Fed cut bets
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Moneycontrol
Asian stocks track US gains on rising Fed cut bets
The dollar’s drop overnight puts focus on weaker Asian currencies like the Indian rupee, which slipped past the key psychological level of 90 per dollar on Wednesday.
Mixed signals ahead of monetary policy: Kotak Mahindra AMC sees a 50% probability of a 25 bps rate cut
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Moneycontrol
Mixed signals ahead of monetary policy: Kotak Mahindra AMC sees a 50% probability of a 25 bps rate cut
Deepak Agrawal of Kotak Mahindra AMC expects the RBI to revise its FY26 GDP growth forecast above 6.8 percent.
#MarketsWithMC | HDFC Bank, ICICI Bank may face short-term selling as Bank Nifty, FinNifty shift toward diversification
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Moneycontrol
HDFC Bank, ICICI Bank may face short-term selling as Bank Nifty, FinNifty shift towards diversification
Bank Nifty and FinNifty have historically been dominated by HDFC Bank and ICICI Bank, which will see their weightage in the indices reduce going ahead.
🚨📉IndiGo shares fall 3% as DGCA launches probe into airline's massive flight cancellations
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Moneycontrol
IndiGo shares fall 3% as DGCA launches probe into airline's massive flight cancellations
IndiGo share price: The shares dropped to Rs 5,405 apiece in the morning, the lowest level seen by the stock in more than five months.
New shift seen towards smaller loans for lifestyle needs: More applications observe travel and tech purpose by urban users.
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#MarketsWithMC | Putin to visit India today: Defence stocks in green; analysts say HAL, BDL, BEL likely to benefit
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https://www.moneycontrol.com/news/business/markets/defence-stocks-in-green-amid-putin-s-india-visit-analysts-say-hal-bdl-bel-likely-to-benefit-13709109.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
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Moneycontrol
Putin to visit India today: Defence stocks in green; analysts say HAL, BDL, BEL likely to benefit
'Putin's trip is anticipated to speed up defence agreements centered around air defense systems, fighter aircraft, and missile technologies,' an analyst said.
Crypto exchange Bitget eyes broader investment platform in India post FIU clearance in 2026, says CMO
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Moneycontrol
Crypto exchange Bitget eyes broader investment platform in India post FIU clearance in 2026, says CMO
Bitget’s investment platform will have use cases across centralised finance (CeFi), decentralised finance (DeFi) and traditional finance (TradFi)
#MarketsWithMC | Sensex falls 300 pts from day's high, Nifty below 26,000: 5 key reasons behind market decline
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Moneycontrol
Sensex settles 200 pts lower from day's high, Nifty ends below 26,050: 5 key reasons behind market decline
Stock Market Today: Sensex, Nifty snapped the previous four sessions of decline to settle marginally higher.