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S&P 500 Drops More Than 1% As Weak Jobs Data Shatters Calm

S&P 500 Drops More Than 1% As Weak Jobs Data Shatters Calm

by NDTV Profits | August 2, 2025 10:09 am | Latest Posts, Market, Trending News

US stocks sank Friday in a grim start to August trading after data showed a marked slowdown in job growth and the unemployment rate rose, and President Donald Trump unveiled a slew of new tariffs.The S&P 500 Index slid 1.6%, extending its retreat into a fourth...

Trump Says Powell ‘Should Resign’ Like Fed Governor Kugler

by NDTV Profits | August 2, 2025 10:08 am | Latest Posts, Market, Trending News

President Donald Trump said Jerome Powell should follow in the footsteps of Federal Reserve Governor Adriana Kugler and resign from the central bank, ratcheting up his feud with the central bank chair.“‘Too Late’ Powell should resign, just like Adriana Kugler, a Biden...

PM Modi To Launch Several Development Projects In Varanasi On Saturday

by NDTV Profits | August 2, 2025 10:07 am | Latest Posts, Market, Trending News

Prime Minister Narendra Modi will visit his parliamentary constituency Varanasi on Saturday, and launch and lay the foundation for several development projects worth around Rs 2,200 crore.’For my family members in Kashi, tomorrow, August 2, is a very special...

Enough Nuclear Submarines To Control Two Deployed By Trump, Says Russian Lawmaker

by NDTV Profits | August 2, 2025 10:07 am | Latest Posts, Market, Trending News

There are enough Russian nuclear submarines in the high seas to tackle two American subs dispatched by US President Donald Trump to counter Russia, a member of the Russian Parliament Duma has said.”The number of Russian nuclear submarines in the world’s...

US Tariffs Can Severely Impact India’s Exports, Says GTRI

by NDTV Profits | August 2, 2025 10:06 am | Latest Posts, Market, Trending News

The US’s decision to impose a 25% tariff on all Indian-origin goods effective Aug. 7 could severely hit the country’s exports to America, think tank GTRI said on Friday.According to an analysis of the White House’s executive order by the Global Trade...

Trump Says He ‘Heard’ India Is No Longer Going To Buy Oil From Russia, Calls It ‘Good Step’

by NDTV Profits | August 2, 2025 10:06 am | Latest Posts, Market, Trending News

US President Donald Trump on Saturday said he has heard that India is no longer going to buy oil from Russia, which he hailed as a ‘good step,’ but added that he wasn’t sure about the development. “Well, I understand India no longer is going to be...

Elon Musk’s Tesla fined over ₹1,996 crore in Florida autopilot crash case; jury flags ‘responsibility’ amid tech failure

by Live mint | August 2, 2025 10:06 am | Indian Stocks, Market, News

The jury’s decision comes at a time when Elon Musk is trying to convince Americans that Tesla’s cars are safe to be self-driven, as he seeks to roll out a driverless taxi firm in several cities shortly.

No Iron Don to protect D-Street, indices slump 1% under US fire

by ET Markets | August 2, 2025 10:05 am | Indian Stocks, Market, News

Indian equity indices closed nearly 1% lower on Friday, marking their fifth consecutive week of losses due to concerns over potential US tariffs on Indian exports. The NSE Nifty ended at 24,565.35, while the BSE Sensex closed at 80,599.91. Pharma stocks were among the...

Delhivery Q1 Results: Net Profit surges 68% YoY to Rs 91 crore

by ET Markets | August 2, 2025 10:05 am | Indian Stocks, Market, News

Delhivery reported a significant 68.5% year-on-year increase in net profit for the first quarter, reaching ₹91 crore, driven by efficient operations and consistent revenue. The company’s express parcel shipments experienced a 14% volume growth, reaching 208...

Tata Power Q1 profit rises 6% to Rs 1,262 crore

by ET Markets | August 2, 2025 10:05 am | Indian Stocks, Market, News

Tata Power’s consolidated net profit increased by over 6% year-on-year, reaching ₹1,262 crore in the June quarter, driven by strong revenue growth in its renewable energy and transmission & distribution sectors. CEO Praveer Sinha highlighted the...

Adani Power goes for a 1:5 stock split, Q1 net profit dips 15%

by ET Markets | August 2, 2025 10:05 am | Indian Stocks, Market, News

Adani Power’s board has approved a stock split, dividing each share of ₹10 into five shares of ₹2, aiming to broaden retail investor participation. The company reported a 15.5% drop in its Q1 consolidated net profit to ₹3,305 crore, with revenue declining 5.9%...

Listing or blitzing?! Figma stock soars 250% higher on Day 1 on Wall Street

by ET Markets | August 2, 2025 10:04 am | Indian Stocks, Market, News

Figma Inc. witnessed a remarkable 250% surge on its IPO debut, marking the largest first-day increase for a US-traded company exceeding $1 billion in three decades. Despite subsequent volatility, its market value soared to $61.5 billion, surpassing expectations from...

Wall Street Week Ahead: AI gains, strong earnings support US stocks as tariff woes linger

by ET Markets | August 2, 2025 10:04 am | Indian Stocks, Market, News

Strong second-quarter earnings, particularly from AI-related companies like Microsoft and Meta, have boosted investor confidence, pushing stocks near record highs. Despite earlier concerns about competition and tariffs, the AI trade is thriving, reassuring investors....

Central banks are building a haven of bullion assets

by ET Markets | August 2, 2025 10:04 am | Indian Stocks, Market, News

Central banks net bought 166 tonnes of gold in three months to June, 33% lower quarter-on-quarter, World Gold Council (WGC) data showed. While this is the lowest quarterly number since June 2022, it is 41% higher than the average quarterly level seen between 2010 and...

How You Choose To Mess Up Your Financial Life — Without Even Realising It

by NDTV Profits | August 2, 2025 9:07 am | Latest Posts, Market, Trending News

Do you really ‘make decisions’ in your financial life—or are you simply making choices by default?Many people assume that because they haven’t done anything wrong financially, they’re on the right track. But ‘inaction is also a decision’....

Weekly Tech Wrap: iPhone 17 Price Hike, Vivo T4R Launch, ChatGPT ‘Study Mode’, Pixel 10 Price Leak, More

by NDTV Profits | August 2, 2025 9:06 am | Latest Posts, Market, Trending News

This week saw launches of Redmi Note 14 SE, Moto G86 Power, and Vivo T4R, along with the release of ChatGPT’s ‘Study Mode’ and Apple’s iOS 18.6 update. While Google Pixel 10’s US prices were leaked, analysts indicated at the possible price hike for iPhone 17...

Dr Lal PathLabs Banks On Volume Growth To Achieve 11-12% Revenue Growth In FY26

by NDTV Profits | August 2, 2025 9:06 am | Latest Posts, Market, Trending News

Healthcare diagnostic service provider Dr Lal PathLabs Ltd. is confident of achieving its FY26 revenue growth guidance of 11–12%, according to CEO Shankha Banerjee.The top executive explained that the current guidance will be achieved primarily through volume growth,...

Fixed Deposit Rates In August 2025: Top Banks Offer Up To 7.5% Returns, Check Details

by NDTV Profits | August 2, 2025 9:06 am | Latest Posts, Market, Trending News

Fixed Deposit (FD) rates in August 2025 continue to vary across top banks and financial institutions. This comes after the Reserve Bank of India (RBI) reduced the repo rate by 25 basis points on June 6, 2025, bringing it down to 5.5%. Following the rate cut, borrowing...

JSW Energy Confident Of Maintaining Ebitda Growth Momentum In FY26 After 93% Surge In Q1

by NDTV Profits | August 2, 2025 9:06 am | Latest Posts, Market, Trending News

JSW Energy expects to maintain its strong performance in Q1FY26 in the remaining quarters of the current financial year, according to its Joint MD and CEO, Sharad Mahendra. The company is confident of maintaining the significant rise in Q1 Ebitda and margins in the...

M&B Engineering IPO Allotment: Steps To Check Status, Latest GMP, Listing Date And More

by NDTV Profits | August 2, 2025 9:05 am | Latest Posts, Market, Trending News

The share allotment status for the M&B Engineering IPO is scheduled to be finalised on Aug. 4, following the successful subscription.The mainboard initial public offering of M&B Engineering Ltd. closed with a strong subscription on the last day of bidding on...
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