Cipla Q1 Profit Falls 39%, Targets $1B US Sales in FY27

Cipla reported a 39% decline in net profit for the June quarter, attributed to weaker sales…

Motilal Oswal Sets Buy Targets for Multiple Stocks

Motilal Oswal has issued buy recommendations for several stocks, setting target prices of Rs 700 for…

Passive Funds in India Account for 16% of Mutual Fund Assets

Passive investment funds, including index funds and exchange-traded funds (ETFs), represented 16.11% of India's mutual fund…

Senate’s Clarity Act Faces Scrutiny Over Ethics Provisions

Senator Cynthia Lummis announced on Wednesday that the updated draft of the Digital Asset Market Clarity…

SpaceX Stock Rebounds 3% After Seven-Day Decline; Earnings

SpaceX shares rose 3.08% on Tuesday, ending a seven-session losing streak that had seen the stock…

EU Approves Paramount’s $110B Warner Bros. Deal Amid US

The European Union granted conditional approval on Wednesday for Paramount Skydance's $110 billion acquisition of Warner…

Oracle Stock Declines 49% Amid Cost Overruns, AI Concerns

Oracle Corporation's stock (NYSE: ORCL) fell significantly on Wednesday, trading down 49% from its highs earlier…

Chinese Auto Brands Surpass Japanese in Western Europe Sales

Chinese sedan and SUV brands outperformed Japanese brands in Western Europe during the second quarter, marking…

Pakistan Seeks $10 Billion US Facility to Boost Reserves

Pakistan has requested a $10 billion exchange stabilization facility from the United States to bolster its…

Japan’s Power Prices Reach 3.5-Year High Amid Oil Surge

Japan's day-ahead spot electricity prices surged to $0.15 (24.78 Japanese yen) per kilowatt-hour (kWh) on Wednesday,…