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Asian stocks today: Markets trade in green after Wall Steet’s strong rally; Nikkei jumps over 2% to record highs

Asian stocks climbed, mirroring Wall Street’s gains driven by AI enthusiasm, with Japan’s Nikkei hitting a record high. Investors also monitored President Trump’s State of the Union address. Despite China’s export curbs on Japanese firms, a softer yen boosted export-oriented companies. US markets saw strong gains, led by Advanced Micro Devices’ surge on a chip

Asian stocks today: Markets trade in green after Wall Steet’s strong rally; Nikkei jumps over 2% to record highs Read More »

‘Tariffs will replace income tax’: Donald Trump defends trade deals after Supreme Court ruling

President Trump asserted that most trading partners wish to maintain existing trade deals despite a Supreme Court ruling invalidating some tariffs. He also suggested tariff revenue could eventually replace income taxes, claiming these duties fueled economic growth and generated billions. However, a New York Fed paper indicated US firms and consumers bore most tariff costs.

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Gold price prediction today: Will gold, silver be able to hold on to gains this week? Here’s the outlook

Gold price prediction today: Gold prices are moving up but the lack of any major positive catalyst may limit the upside this week, says Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and Stock Brokers.

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Money recovered, accused arrested — What’s happening in the IDFC First Bank Rs 590 crore scam case? Top developments

Haryana’s State Vigilance and Anti-Corruption Bureau has arrested four individuals, including two former IDFC First Bank employees and two private partners, in connection with a Rs 590 crore fraud. The bank disclosed the fraud involving its employees and external parties in accounts linked to the Haryana government.

Money recovered, accused arrested — What’s happening in the IDFC First Bank Rs 590 crore scam case? Top developments Read More »

IT stocks fall today: Infosys, TCS, HCL plunge sharply — what triggered the sell-off?

IT stocks experienced a sharp decline as Anthropic’s Claude Code tool showed potential to modernize legacy COBOL systems. This development triggered concerns about AI’s impact on traditional IT services, with major players seeing significant drops in their share prices. The news highlights a growing unease about AI fundamentally reshaping the industry’s competitive landscape and business

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Anthropic Claude Code tool impact: IBM share price crashes most in 25 years; may see biggest monthly fall in almost 60 years

Since the majority of mainframe computers running COBOL are produced by IBM, the development triggered heavy selling in the company’s stock. The stock dropped as much as 13% during intraday trading, marking its steepest single-day fall since March 2020.

Anthropic Claude Code tool impact: IBM share price crashes most in 25 years; may see biggest monthly fall in almost 60 years Read More »

Unmarried woman denied job on assumption of marriage in future: Gujarat High Court sets aside ‘appointment tainted by favoritism’

The Court reviewed the list of merit and especially the comments column, and discovered that the more qualified candidates were dismissed based on some flimsy and unreasonable reasons. One of the most striking reasons recorded was that an unmarried village woman might get married in future and relocate.

Unmarried woman denied job on assumption of marriage in future: Gujarat High Court sets aside ‘appointment tainted by favoritism’ Read More »