Global stocks slip as U.S. inflation hits 40-year high
The Hindu
‘U.S. price-rise is a story of overheating’
European stock indices fell on Friday and the U.S. 10-year yield held close to 2% after red-hot U.S. inflation led investors to expect tighter monetary policy from the Federal Reserve.
U.S. consumer prices rose 7.5% last month, the biggest annual increase in 40 years, data showed on Thursday. The news fuelled speculation that the Fed will raise rates by 50 basis points in March, rather than 25.
Wall Street stocks fell after the data and the weakness continued through the Asian and European sessions on Friday. Europe’s STOXX 600 was down 0.9%.
Bharat Coking Coal IPO saw 8.1 times subscription on Day 1, driven by strong retail and institutional investor demand.
India's forex reserves fell by $9.80 billion to $686.80 billion, following a previous increase of $3.29 billion.
Indian stock markets decline for the fifth consecutive day amid concerns over U.S. tariffs and foreign capital flight.
Rupee falls 26 paise to 90.16 against the U.S. dollar, pressured by a strong dollar and weak equity markets.
As devices from toys to cars get smarter at the Consumer Electronics Show, gadget makers are grappling with a shortage of memory and storage needed for them to work.
Benchmark indices Sensex and Nifty decline amid foreign fund outflows and renewed U.S. tariff hike concerns, impacting investor sentiment.
The rupee declines 7 paise to 89.97 against the U.S. dollar amid foreign fund outflows and rising crude prices.
India’s information technology firms are expected to report another muted quarter
Reliance Industries is considering purchasing Venezuelan oil if permitted for non-U.S. buyers, pending regulatory clarity.
BMW Group India achieves record sales of 18,001 units in 2025, driven by a 200% rise in electric vehicle sales.
India's economy is projected to grow 7.2% in 2025-26, offsetting U.S. tariff impacts with strong consumption and investment.
The source indicated, at present, India is dependent on Netherlands for such equipment.
Remmers Gruppe SE, an independent, family-owned German company into speciality construction chemicals and high-performance wood coatings, has announced to acquire 50.1% stake in Teknovace Wood Coatings Pvt. Ltd., one of India’s fastest-growing premium wood coatings companies in two trenches for ₹300 crore.