Asian markets today: Asian markets traded higher on Thursday, 21 May, following strong gains on Wall Street, as easing oil prices boosted sentiment amid rising optimism that the Middle East…
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Grasim Industries Q4 net up 28% on better margin
Grasim Industries, an Aditya Birla Group company, has reported 28 per cent increase in March quarter net profit at ₹3,802 crore against ₹2,973 crore in the year-ago period, on the…
Stellantis, JLR sign MoU to jointly develop products and tech for US market
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…
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…