IndiGo disruption pain: InterGlobe shares drop nearly 17% in 8 days; which MFs had highest exposure?
Shares of InterGlobe Aviation, the parent of IndiGo, have come under sharp pressure after large-scale flight disruptions linked to revised pilot duty norms, with the stock falling nearly 17% in just over a week.InterGlobe Aviation shares slipped from Rs 5,917 on November 27 to around Rs 4,913 on Tuesday, as the airline struggled with operational…
Asian stocks today: Markets slip as Fed anxiety builds; HSI slips 1%, Nikkei sheds 16 points
Asian equities struggled on Tuesday, weighed down by a dip on Wall Street and caution ahead of major economic decisions. Hong Kong’s HSI dipped 1.1% to 25,481, shedding 284 points. Nikkei also traded at 50,550, down 0.06% or 31 points. Shanghai and Shenzhen joined the downward rally, trimming 0.27% and 0.37% respectively, at 11:20 AM…
Boost for Nvidia! Trump allows tech giant to ship H200 chips to China; but will Beijing look to reduce dependence?
Trump indicated he had discussed this decision with Chinese President Xi Jinping. (AI image) US President Donald Trump has given the green signal to tech giant Nvidia to sell its H200 processors to China. The Trump administration has decided to permit exports of Nvidia’s H200 processors, their second-best AI chips, to China whilst implementing a…
Trump threatens more tariffs on Indian rice! Why India has little to worry – and US consumers may bear the brunt
According to GTRI, Trump’s threat to impose new tariffs on Indian rice looks driven more by domestic politics than by trade logic. (AI image) US President Donald Trump has warned that more tariffs could be imposed on Indian rice, saying that India should not be ‘dumping’ its rice into America. Trump said he will ‘take…
