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Cochin Shipyard shares tumble 8% as Q2 profit falls 50% YoY despite revenue growth
Cochin Shipyard shares fell sharply on Wednesday after the company reported a nearly 50% year-on-year decline in Q2 FY27 net profit to Rs 54 crore. Despite a 12% rise in revenue to Rs 1,249 crore, higher expenses weighed on profitability. The company also announced an interim dividend of Rs 3 per share.
Pakistan blames India's Diwali fireworks for Lahore's toxic air
The northern Pakistani city of Lahore topped Swiss group IQAir's ranking of the world's most polluted major cities for a second day on Tuesday, with an air quality index (AQI) of 263, categorised as "very unhealthy".
Disaster warning systems race to keep pace with galloping climate risks
Twice a day during the rainy season, Raquel Izarra climbs to the roof of her home in the eastern Lima suburb of Santa Ines Bajo and measures how much rain has fallen using a homemade gauge, before
Wells Fargo upgrades US AI infrastructure stocks to neutral after chip rout
Wells Fargo upgraded its outlook on US AI infrastructure stocks to neutral from negative, citing improved valuations after a steep semiconductor sell-off. However, it warned that slowing AI investment and rising depreciation costs could pressure earnings in 2028.
Manyavar maker Vedant Fashions struggles to revive growth as same-store sales drop 5.8% in Q2
Manyavar maker Vedant Fashions is facing mounting competition and slowing growth, with same-store sales declining 5.8% in the September quarter. Revenue grew at an annual rate of just 2.7% between 2022-23 and 2025-26. Industry experts say demand moderation and aggressive store expansion have added to the company's challenges.
When is Veterans Day 2026: Are US Stock Markets, bond markets open or close on Wednesday, November 11?
Veterans Day holiday began more than a century ago, albeit under a different name, as a celebration of the end of World War I. Are S&P 500, Nasdaq, Dow Jones are open on Wednesday, November 11.
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Nvidia is 7% of the S&P 500, so if you have an index fund or pension, the Jensen Huang scandal is in your portfolio too
Nvidia faces a notable stock decline following the announcement that CEO Jensen Huang is under investigation by foreign intelligence. This situation raises alarms for investors since Nvidia holds a prominent position in the S&P 500. Although the investigation centers around allegations, Nvidia insists that national security is intact. Analysts are apprehensive about how this may influence Nvidia's strategic direction and leadership.
Jefferies sees largecaps benefiting from FPI revival; Reliance, HDFC Bank, Axis Bank among potential beneficiaries
Jefferies expects largecap stocks to benefit more directly from a potential revival in foreign portfolio investor (FPI) flows into Indian equities. The brokerage has identified 12 potential beneficiaries, including Reliance Industries, HDFC Bank, Axis Bank and Kotak Mahindra Bank, amid improving foreign flows and relatively reasonable valuations in the segment.
India fallen way down list of nations deemed liberal democracies under Modi govt: Sonia
Sonia Gandhi, in her memoir, critiques the Modi government's impact on India's democratic institutions and social fabric. She highlights the growing wealth disparity and lack of transparency in governance under the current regime. Gandhi expresses concern over the media's loss of independence and the suppression of dissenting voices in society.
Nvidia's Jensen Huang under fire; Bernstein retains $400 target price on stock, but with key risks
Nvidia's CEO, Jensen Huang, is under fire after revealing a personal relationship tied to espionage suspicions. Although Wall Street's Bernstein holds a positive outlook, they cautioned about possible regulatory challenges. This issue may divert Nvidia's focus, despite not impacting product interest. Intel agencies are probing potential leaks of sensitive data, leaving Nvidia in a precarious situation as the inquiry's results remain unclear.
Google to introduce two variants of in-house chips: Bloomberg News
The search giant's shares were up more than 2% in premarket trading. Through last close, the stock has fallen 9% so far this year. Alphabet did not immediately respond to a Reuters request for comment. Reuters could not independently verify the report.
Eurozone bond yields edge lower as oil prices ease, investors await US inflation data
Eurozone government bond yields edged lower as easing crude oil prices and concerns over technology stocks supported demand for safer assets. Investors remained cautious ahead of US inflation data, which could influence Federal Reserve rate expectations and global bond market sentiment.
Keralam CM uses Ramayana movie to promote 'Jatayu paara', world's largest bird sculpture
Keralam Chief Minister V D Satheesan has promoted Jatayu Earth's Centre while the Ramayana film is being screened. This centre is home to the world's largest bird sculpture inspired by the epic fight between Jatayu and Ravana. Satheesan noted the film has renewed admiration for Jatayu across India as viewers learn about this legendary figure. He invites all to visit Jatayu paara and experience the legendary story firsthand.
SoftBank to face scrutiny of AI strategy at second-quarter earnings after selloff
SoftBank Group is on the brink of unveiling its quarterly earnings, navigating a turbulent landscape marked by challenges in the artificial intelligence sector and looming regulatory issues. The company's heavy investments in AI, alongside setbacks like a thwarted acquisition, have sparked skepticism among investors. Predictions indicate earnings could be highly unpredictable, with net profit estimates varying significantly, highlighting ongoing financial instability.
‘Have not spoken to him about it, I just know he… ’: Trump breaks silence on Nvidia CEO Jensen Huang’s affair and tech giant’s probe into China’s espionage
Nvidia is currently looking into CEO Jensen Huang amid reports of his personal misconduct and possible links to espionage activities. Huang has openly acknowledged his affair with a business executive who is under suspicion for spying on behalf of China. Trump has come out in support of Huang, describing him as an exemplary individual.
Nvidia probes CEO Jensen Huang’s affair with alleged Chinese spy: Here’s the lowdown
Nvidia has initiated an inquiry regarding CEO Jensen Huang's alleged involvement with businesswoman Alice Huang, who is reportedly associated with potential espionage activities linked to China. She, however, refutes these claims. An independent committee will manage the investigation, focusing on any implications for national security. Huang has acknowledged his infidelity and issued an apology to both his family and the organization. U.S.
“No excuse for what I did”: Read Jensen Huang’s full letter to Nvidia staff on his affair with alleged Chinese spy
In a message to company employees released Sunday, Huang acknowledged having an affair and apologized to both his family and company staff. "I was unfaithful to my wife," he said. "My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry."
Intel is the worst-performing S&P 500 stock in Q4, down 57%, what exactly happened?
The recent development about Intel's latest quarterly results have raised concerns among investors. According to media reports, Intel's client computing business has faced pressure from a weakening demand of PC. The price of the memory is also rising. This factor is making computers more expensive and hence affecting the demand.
Why is Bitcoin price crashing today? BTC USD falls toward $76,000 amid stock market sell-off and $370 million in crypto liquidations
Bitcoin (BTC USD) price crash today: Bitcoin has fallen back toward $76,000 after failing to hold its recovery above $80,000. A sell-off in technology stocks added to the pressure, while nearly $370 million in leveraged crypto positions were liquidated in about an hour. Traders are now watching the $75,000 level.
Trump holds call with mediator Qatar about Iran de-escalation
Qatar is acting as the chief mediator between Washington and Tehran amid intense diplomatic efforts to end the war, which is now in its ninth month. Qatari officials have been shuttling between Doha and the Iranian capital to firm up a potential deal ahead of Tuesday's US midterm elections, in which the Democrats secured a sweeping victory over Trump's Republican Party and took control of Congress.
US stock market today: Why is the Nasdaq up 1% while the Dow Jones falls? S&P 500 turns green amid tech stock volatility and Fed rate hike fears over strong October jobs report
US stock market today: Wall Street is seeing a split recovery on Friday after Thursday's AI-led sell-off. The Nasdaq has jumped 1.02%, while the Dow Jones has fallen 0.90% and the S&P 500 gained 0.29%. Nvidia, AMD, Intel, Broadcom and Micron were among the chipmakers recording gains in early trading. Nvidia's rebound has been particularly important because of its large weight in the broader market.
India's forex reserves fall $2.6 billion to $717 billion as of October 30
India's foreign exchange reserves fell by $2.691 billion to $717.056 billion in the week ended October 30, extending a decline from their September peak. Experts attribute the drawdown partly to the deployment of FCNR(B) funds and RBI's dollar sales to support the rupee, while foreign currency and gold assets declined.
AI meltdown: Kospi crashes 9%, hits 9-month low as Wall Street bloodbath after midterm elections spills to Asia; circuit breaker triggered
The sell-off followed a global market rout on Thursday, which saw the Nasdaq 100 plunge 6.4%, wiping out a record $2.3 trillion in market value. The weakness extended across Asia on Friday, with chip-heavy indices coming under pressure. Japan's Nikkei 225 Stock Average and Taiwan's Taiex were also on course to enter technical bear market territory, having fallen 20% from their respective peaks.
Japan's Nikkei slumps more than 5% as market rout deepens on AI worries
Japan's Nikkei share average plummeted over 5% amid escalating market fears tied to regulatory scrutiny and a slowdown in artificial intelligence advancements. This drop followed the Democratic wins in the US midterm elections, sparking substantial sell-offs in traditional tech stocks. Both S&P 500 and Nasdaq indices recorded significant losses in earlier sessions, signaling a prevailing cautious mood in the global tech stock landscape.
Union Minister Hardeep Singh Puri elected unopposed to Rajya Sabha from Madhya Pradesh
Bharatiya Janata Party (BJP) state president, Hemant Khandelwal received Hardeep Puri’s certificate of election from the Returning Officer, Umesh Kumar Sharma, at the state Legislative Assembly on Thursday.were present on the occasion.
Why is gold price up today? Precious metal rises by 1.6% to $4,124.89 per ounce after US midterm election results
The price of gold is on the rise again. The precious metal has reached to its highest level in over two weeks on Thursday. The jump in the bullion prices has been witnessed after the US midterm election results. The spot gold has increased by 1.6% to $4,124.89 per ounce by 0752 GMT.
Union Minister Hardeep Singh Puri elected unopposed to Rajya Sabha from Madhya Pradesh
Hardeep Singh Puri has been elected unopposed to the Rajya Sabha from Madhya Pradesh after other candidates were rejected. The nominations of Rajkumar Lohand Kante Sayanna were invalidated due to signature requirements. Another candidate, Rajkumar Lohani, failed to submit a necessary affidavit by the deadline. Puri's election certificate was received by Bharatiya Janata Party state president Hemant Khandelwal. The seat became vacant after the resignation of Union Minister L Murugan.
15 stocks to bet on as Indian markets look to rebound in Samvat 2083
Investors are entering the new Hindu calendar year with renewed optimism for Indian equities. Easing valuations, steady earnings growth, and improving foreign inflows are contributing to this positive outlook. The Nifty and Sensex have declined by about 8% in the previous year. Brokerages have compiled 15 stock ideas expected to outperform in the upcoming Samvat 2083. This presents potential opportunities for investors looking to regain momentum.
Why are oil prices down today? Brent Crude futures drop by 5.9%. Here's the latest price
Oil prices have fallen by 5.9% due to diplomatic talks between Iranian and Qatari officials. The hopes of a deal to end the US-Israeli war against Iran have increased. Brent Crude futures have fallen by 5.9% to $106.76 per barrel after increasing in the earlier session. However, there was also some sentiment around the possible reopening of the Strait of Hormuz in the next two days.
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