The dollar weakened Tuesday following a criminal probe into Fed Chair Jerome Powell, sparking concerns over central bank independence and U.S. asset faith. Investors reacted […]
Author: nationalpillarnews
Minnesota sue Trump admin to stop immigration crackdown
The lawsuit accuses the Republican Trump administration of violating free speech rights by targeting a progressive state that favours Democrats and welcomes immigrants
Iranians tap Musk’s Starlink to skirt internet blackout: report
Alp Toker, founder of internet monitoring group NetBlocks, said he has heard from people in the region that there is still some Starlink access in […]
Fed’s Williams says monetary policy well positioned amid a favourable outlook
The move to lower short-term borrowing costs was driven by policymakers trying to balance a weakening job market against inflation that still remains above the […]
Oil prices gain on Iran supply disruption concerns
Oil prices saw a slight increase as concerns over Iran’s internal unrest and potential supply disruptions overshadowed anticipated crude supply from Venezuela. Heightened tensions with […]
Apollo Hospitals demerger is a biz call taken for shareholders, says Suneeta Reddy; rules out family rift
Apollo Hospitals MD Suneeta Reddy says the group’s restructuring is about business strategy, not family dynamics, aiming to unlock value by separating hospital and pharmacy-digital […]
Unsecured loans, concentration of biz a risk to Indian banking
A State Bank of India report reveals banking system risks. Unsecured loans have surged significantly. Deposits and credit remain concentrated in just ten districts. This […]
Shriram-MUFG deal may test rules on non-compete fee for promoters
The non-compete payment —amounting nearly 5% of the deal value—is intended to prevent Shriram Ownership Trust (SOT), the promoter entity, from launching a rival lending […]
NSE shares surge after IPO clouds seem to clear
National Stock Exchange shares climbed past ₹2,000. This surge followed SEBI chief’s comments on an upcoming IPO clearance. Investor interest has rekindled. NSE shares saw […]
IT Q3 earnings season begins on a strong note as TCS, HCL Tech top estimates
IT sector’s Q3 results show a positive start, with TCS and HCL Technologies exceeding revenue and profit expectations. HCL Tech recorded a nine-quarter high in […]