Global automotive major Stellantis and Tata Motors-owned Jaguar Land Rover on Wednesday announced that they will explore opportunities to collaborate on product development in the US. The two firms have…
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Lenskart to invest ₹53 crore to increase stake in Owndays and Singapore arm
Eyewear firm Lenskart will invest approximately Rs 53 crore to increase its stake in overseas arms, Owndays and Lenskart Singapore, a company filing said on Wednesday. The company will acquire…
Mark Zuckerberg ‘feeling weight of’ mass layoffs at Meta, says ‘success isn’t a given’ in memo
Meta on Wednesday – about 10 per cent of its global workforce – as the company shifts its resources towards its artificial intelligence ambitions. As the axe fell on Meta…
From Saudi Aramco to Alibaba: 7 biggest IPOs before Elon Musk’s SpaceX market debut
As Elon Musk’s for what could become the largest in history, investors are revisiting the blockbuster public offerings that previously dominated global markets. Reports suggest SpaceX may seek a valuation…
Jeff Bezos pitches major US tax overhaul: ‘Bottom half should pay 0%, not 3%’
on Wednesday called for eliminating federal income taxes for the bottom half of earners, noting that he would “advocate” for the proposal, but did not outline how such a sweeping…
US Social Security COLA forecast for 2027 rises after fresh inflation data — here’s how much more retirees could get
Following the latest inflation data, expectations are rising for a slightly higher increase in the Social Security cost-of-living adjustment (COLA) in 2027. Mary Johnson, an independent Social Security and Medicare…
Federal Reserve proposes new payment accounts for fintechs: What’s allowed, what’s not
The Federal Reserve has proposed creating a new category of payment account that some financial institutions could use to clear and settle transactions. The long-awaited proposal is seen as a…
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 21 May 2026
Buy or sell stocks: Indian benchmark indices, the Sensex and Nifty 50, closed marginally higher on Wednesday, May 20, driven largely by gains in Reliance Industries shares. The rose 118…
Stocks to buy today: Choice Broking, Anand Rathi, PL Capital pick 8 shares for today
As markets remain volatile amid global uncertainties and rising geopolitical tensions, market experts have recommended several stocks for the May 21 trading session based on technical indicators and chart patterns.…
SEBI’s revised savings formula lifts India’s FY25 savings ratio by 47 basis points
A revised methodology adopted by the Securities and Exchange Board of India for calculating household savings through securities markets has increased India’s gross savings-to-GDP ratio for FY25 to 34.94 per…