Kunal Shah is leaving the operating helm of CRED to run WhatsApp globally There are exits, and then there are the kind that look as though they were engineered by a founder who has spent his career thinking in second-order effects, and the departure of Kunal Shah from the chief executive’s chair at CRED belongs…
India and the United States might just be a month away from finalising a trade deal! The two sides entered fresh rounds of negotiations after Washington held high-level trade discussions in New Delhi on Tuesday aimed at revisiting and recalibrating the proposed bilateral agreement, following recent changes in US tariff policy that disrupted the earlier…
Iran hopes to make the most of the temporary reprieve that could allow it to restart exports. (AI image) With the Donald Trump administration announcing a 60-day waiver for Iran’s petroleum products, Tehran is reportedly rushing to sell oil to some of Asia’s biggest crude buyers, including India.For years, sanctions restrictions forced Iran to direct…
AI generated image, used only for representational purpose The Hormuz crisis, which disrupted global energy flows for more than 100 days, has raised questions over India’s ability to diversify fuel supplies beyond the Strait and the Middle East. India’s energy sector is closely monitoring the situation, with the Middle East continuing to remain the country’s…
Wall Street began the day on a weak note on Tuesday with benchmark indices plunging in red. The stocks came under heavy pressure as the broad sell-off in technology shares deepened, with the Nasdaq Composite falling more than 2% in early trading and futures signalling further declines ahead of the opening bell.Around 7:30 pm IST,…
The continued uncertainty over the US-Iran peace talks outcome also acted as an overhang on the benchmarks. (AI image) Stock market crash today: Nifty50 and BSE Sensex crashed in trade on Tuesday due to multiple factors including weak global cues and a renewed selloff in IT stocks. The continued uncertainty over the US-Iran peace talks…
AI generated image, used only for representational purpose The South Korean stock market went from record highs to a sharp sell-off, with the benchmark Kospi tumbling as low as 10% on Tuesday. The drop came as investors rushed to sell chip stocks over fears of excessive speculation. Kospi ended the day at 8,203.84, down 910.71…
The attraction of US equities extends well beyond a handful of technology companies. (AI image) A few weeks ago SpaceX’s listing on the US stock market made Elon Musk the world’s first trillionaire. The US stock market remains the biggest in the world, with several of its companies having over trillion dollar valuations. In fact,…
AI generated image, used only for representational purpose Weak stock market returns? Foreign investors continuing to sell? SIP investors have simply carried on, making their monthly investments without missing a beat.According to a recent JP Morgan report, Dalal Street having a sluggish run over the past two financial years, money has continued to flow steadily…
The US Treasury announced a sanctions waiver for Iran’s petroleum valid until August 21. (AI image) The United States on Monday granted Iran a 60-day sanctions waiver following the first round of discussions under a newly emerging peace arrangement. US Vice President JD Vance said meetings with Iranian representatives in Switzerland had created a solid…