Tag: basis points

I-T refunds up 6x in 11 years at ₹4.8L crore

Economy
The income-tax department has issued ₹4.76 lakh crore in refunds in FY25, a staggering increase from ₹83,008 crore in FY14, officials said.This 474% surge in 11 years outpaces the 274% growth recorded in gross direct...

Relaxed emission norms for thermal generation to reduce power costs

Business
NEW DELHI: The mandatory retrofitting of coal-fired generation plants with mechanisms to reduce sulphur emission will apply to only units within 10 km of cities with population exceeding 10 lakh instead of all...

Stocks Fall Sharply as Nvidia’s Selloff Tops 8%: Markets Wrap

Market
(Bloomberg) -- A selloff in the stock market’s most-influential group drove the Nasdaq 100 to its lowest level since...

Stocks Get Hit as Economic Jitters Spur Bond Rally: Markets Wrap

Market
(Bloomberg) -- Stocks closed at a five-week low and bonds surged as another disappointing reading on the US consumer...

S&P 500 Hits Record High as AI Powers Tech Rally: Markets Wrap

Market
(Bloomberg) -- A rally in big tech and a batch of earnings from corporate heavyweights drove stocks toward a...

Stocks Fall as Traders Take Cover Before Payrolls: Markets Wrap

Market
(Bloomberg) -- Global stock markets retreated on Friday as traders adopted a cautious stance ahead of US jobs data...

Stocks Get Hit by Selloff in Technology Giants: Markets Wrap

Market
(Bloomberg) -- A selloff in the world’s largest technology companies hit stocks in the final stretch of a stellar...

Treasuries Gain as Key Fed Inflation Figures Trail Estimates

Market
(Bloomberg) -- US Treasuries were off their sessions highs late on Friday after a closely watched batch of inflation...

We want to finish the inflation fight

Market
Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. The market...

Dow, S&P 500, Nasdaq clobbered as Fed, Powell signal fewer rate cuts in 2025

Market
Stocks were clobbered Wednesday after the Federal Reserve, despite slashing interest rates by 25 basis points, signaled it would...

Stocks, Bonds Rise as Traders Cheer Treasury Pick: Markets Wrap

Market
(Bloomberg) -- Equities and Treasuries advanced, with traders embracing Donald Trump’s pick of Scott Bessent for Treasury Secretary as...

Stocks Drop as Traders Brace for Trump’s US Agenda: Markets Wrap

Market
(Bloomberg) -- Asian stocks fell to the lowest level in almost two months on concerns US President-elect Donald Trump’s...

US Futures Steady, Await Trump Cabinet Details: Markets Wrap

Market
(Bloomberg) -- A five-day rally in the S&P 500 looked set to stall amid unease over expensive equity valuations...

What to know this week

Market
All three major indexes pressed to record highs after Donald Trump won the 2024 presidential election.For the week, the S&P 500 (^GSPC) and...
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