After weeks of turbulence, Wall Street finally saw a much-needed rebound on Monday. The stock market rallied, snapping a four-week losing streak that had investors worried about the economy’s direction. The S&P 500 jumped 1.8%, the Dow Jones Industrial Average climbed 1.4%, and the tech-heavy Nasdaq Composite led the way with a 2.3% gain. The…
Irisity, an AI monitoring business, is investing heavily to ensure its survival. To handle short-term cash flow issues, the firm recently secured a SEK 15 million credit facility from Stockhorn Capital AB, its largest shareholder. In order to ensure it has the funds to continue expanding, Irisity is also issuing a fully secured rights issue…
The UK economy is at a crossroads, but Chancellor Rachel Reeves isn’t budging. Despite pressure to loosen the purse strings, she’s sticking to her fiscal rules, determined to keep government spending in check. With rising borrowing costs, a slowing economy, and global trade tensions, many are wondering: Is her plan the tough love the UK…
Iraq is aiming for a significant increase in oil output, with a target of 6 million barrels per day (bpd) by 2029. If the nation succeeds, it may receive a significant boost to its economy and gain more clout in international energy markets. The main question, however, is whether Iraq can actually succeed given the…
The government waives dues totaling ₹1,351 crore, causing small-cap stocks under ₹50 to reach a 20% high. Hindustan Organic Chemicals (HOCL), a state-owned company, saw a sharp rally in early morning trade on Monday, reaching the upper circuit limit of 20%. The Government of India waived dues amounting to ₹1,351.38, which is expected to impact…
RailTel’s share price increased by over 9% on Monday after an order worth over ₹25 crore from Hindustan Petroleum Corporation Limited. RailTel shares rose 9.20% to ₹338.25 on the BSE. RailTel Corporation of India Ltd has received a work order from Hindustan Petroleum Corporation Limited for ₹25,15,24,500/- (without tax), according to a stock market filing…
Power Mech Projects’ share price increased by 6% on Monday after receiving a ₹579 crore order from Bharat Heavy Electricals Ltd for civil structural and architectural works in Jharkhand. At 9:20 am, Power Mech stock traded at ₹2,304.50 per share on the National Stock Exchange (NSE). Order specifics: According to a stock market filing, the…
Larsen & Toubro’s (L&T) share price increased by over 2% in early trade on Monday after the engineering and construction major received board approval for borrowing plans of ₹12,000 crore. L&T shares rose 2.88% to ₹3,515.90 on the BSE. L&T’s Board of Directors approved long-term borrowings of up to ₹12,000 crore. “…we want to let…
Stocks to purchase for the short term: The Indian stock market benchmark Nifty 50 finished with a robust gain of more than 4% last week, the most significant weekly advance in more than four years, with shares of SBI Life Insurance, Shriram Finance, and HDFC Life Insurance up 9-11%. Comfortable values, evidence of foreign portfolio…
Lancer Container Share Price Target 2025:- Lancer Container’s share price target for 2025 will depend on various factors, including global trade growth, demand for container leasing, and economic conditions. As a company in the logistics and container industry, its performance is influenced by supply chain trends, shipping demand, and competitive pricing. If the company expands…