Articles for author: Market News

Market News

Inox Wind secures Rs 2,200 crore financing from an ICICI Bank-led consortium, marking a pivotal milestone in its financial independence.

Inox Wind secures Rs 2,200 crore financing from an ICICI Bank-led consortium, marking a pivotal milestone in its financial independence.

Inox Wind has successfully secured a financial agreement with a consortium of banks led by ICICI Bank, covering a credit facility of Rs 2,200 crore. This agreement may increase to Rs 2,400 crore based on an assessment of working capital by ICICI Bank. The financing, primarily non-fund based through bank guarantees and letters of credit, ...

Market News

Intel faces a tumultuous future as shares plummet, while Apollo and Qualcomm eye investments and potential takeover deals.

Intel faces a tumultuous future as shares plummet, while Apollo and Qualcomm eye investments and potential takeover deals.

Intel, once a dominant force in chip manufacturing, is facing significant challenges, with its share price plummeting nearly 60% since early 2024. In a bold move to revitalize the company, investment firm Apollo Global Management has proposed a $5 billion investment, which Intel executives are currently reviewing. This investment could be vital for Intel’s turnaround ...

Market News

The Nifty 50 Index shows a bullish trend but risks profit booking; the MidCap faces volatility after a failed breakout.

The Nifty 50 Index shows a bullish trend but risks profit booking; the MidCap faces volatility after a failed breakout.

The Nifty 50 Index is showing a bullish trend, with resistance expected at 26,000 and indicators suggesting an overbought condition. Traders are advised to book profits at higher levels and wait for a pullback to key support levels at 25,300, 25,100, and 24,800 before making new bullish positions. In contrast, the Nifty MidCap Select Index ...

Market News

Donald Trump hints at not running for president in 2028 if he loses in 2024, acknowledging his potential defeat for the first time.

Donald Trump hints at not running for president in 2028 if he loses in 2024, acknowledging his potential defeat for the first time.

Former President Donald Trump stated he is unlikely to run for president again in 2028 if he does not succeed in his 2024 campaign. During an interview with journalist Sharyl Attkisson, he confirmed, “No, I don’t,” when asked about a potential fourth run. This admission is significant as Trump typically refrains from acknowledging the possibility ...

Market News

Amid Jammu and Kashmir’s election buzz, shopkeepers lament internet shutdowns crippling their businesses, fearing economic collapse.

Amid Jammu and Kashmir’s election buzz, shopkeepers lament internet shutdowns crippling their businesses, fearing economic collapse.

Srinagar’s Lal Chowk is alive with political talk following the first round of Assembly elections in Jammu and Kashmir. As the focus shifts to the next phase on September 25, many are discussing candidates and their strategies. However, a group of local shopkeepers is raising concerns about the ongoing internet shutdowns, which they believe are ...

Market News

Airport or Airstrip? Patnaik’s Election Eve ‘Inauguration’ Raises Eyebrows and Doubts in Malkangiri’s Mismanaged Skies!

Malkangiri Airport’s recent inauguration by former Chief Minister Naveen Patnaik has raised serious concerns, as it reportedly lacked approval from the Directorate General of Civil Aviation (DGCA). An RTI inquiry revealed that no aerodrome license has even been applied for, prompting questions about whether it was an actual airport or just an airstrip. Criticism has ...

Market News

A devastating explosion caused by Hezbollah’s equipment in Lebanon exposes critical vulnerabilities in global supply chains, igniting national security concerns.

A devastating explosion caused by Hezbollah’s equipment in Lebanon exposes critical vulnerabilities in global supply chains, igniting national security concerns.

A recent explosion of a walkie-talkie in a Lebanese house, linked to Hezbollah militants, has highlighted serious vulnerabilities in the global supply chain. This incident raises concerns about the complexities and risks associated with international manufacturing. Experts suggest that the longer and more complicated the supply chain, the greater the risk for potential sabotage or ...

Market News

Rahul Gandhi’s Bold U.S. Remarks: A Sikh Community Spotlight on India’s Struggle for Religious Equality or Just Political Theater?

Rahul Gandhi, the leader of the Opposition, recently spoke about the significance of religious freedom in India during an event in Virginia, USA. He criticized the RSS, the ideological backbone of the BJP, for viewing some religions and communities as inferior. This statement sparked discussions about the ongoing fight for equality among different religious groups ...

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