4G phones get a lifeline as entry-level 5G prices rise
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Govt: No policy stops airports from taking airline stakes
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West Asia war fallout: Oil product exports find many new markets
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SpaceX retail investors turn net sellers for first time since IPO; offload $4.5 million worth of shares
Retail investors turned into net sellers of SpaceX shares as of August 7, marking the end of a buying frenzy. This change coincided with a stock price recovery, indicating that individuals may be taking profits. The shares have struggled post-IPO, dropping beneath the initial offering price. Investors who were hopeful at the launch might now be looking to reduce their losses, even amidst a slight recovery in recent days. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/jdDkcO3
As demand shoots up, banks strengthen gold loan muscle
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Centre weighs 200% increase in foreign investment approval threshold
India's government is considering raising the foreign investment approval threshold significantly. This move aims to attract larger overseas investments and simplify the process. The current Rs 5,000 crore limit has been in place since 2015. Changes to downstream investment rules are also being explored to facilitate capital. These efforts are part of a broader strategy to boost economic growth. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/4uvVck2
Market recap: Four of top 10 firms add Rs 1.43 lakh crore; SBI bags biggest gains
Dalal Street wrapped up last week on a high note, showcasing impressive gains among leading firms. State Bank of India saw a remarkable surge in its market value, joining industry giants Reliance Industries and TCS, which also experienced robust growth. Conversely, several other major companies faced decreases in their market valuations. Despite some volatility, overall market indices noted steady gains as the week closed. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/ARumB9N