Boeing reported a significant $5.4 billion third-quarter loss, largely due to an additional $4.9 billion charge for persistent certification delays on its 777X aircraft. Despite a 30% revenue increase driven by higher commercial jet deliveries, the company’s progress is hampered by the extended 777X certification process, pushing its launch to 2027.
US stocks hovered near record highs as investors awaited the Federal Reserve’s interest rate decision, with tech and industrial giants like Nvidia and Caterpillar driving gains. Corporate earnings reports, particularly from Teradyne and CVS Health, also boosted sentiment, while Asian markets closed higher. Investors are closely watching for hints on future rate cuts amid economic…
Sovereign Gold Bond investors are set for substantial gains as the RBI has fixed the premature redemption price for the 2020-21 Series-I at Rs 12,198 per gram. This represents a remarkable 166% surge from the original issue price. The redemption option, available five years after issuance, offers investors significant returns, enhanced by an annual 2.5%…
The Income Tax Department has extended the deadline for filing income tax returns for corporates and audit report assessees. The new due date for Assessment Year 2025-26 is December 10, 2025. This decision follows High Court directives. The specified date for furnishing audit reports for the previous year 2024-25 is now November 10, 2025. This…
Dalal Street presents new investment opportunities with mid-cap and large-cap stocks identified as top picks. Analysts are recommending companies based on themes of cyclical recovery and steady structural growth, with several stocks showing significant potential upside.
Starlink, led by Elon Musk, will conduct crucial demonstration runs in Mumbai on October 30-31. These trials aim to prove compliance with security and technical conditions for satellite broadband services before law enforcement agencies. This marks a significant step towards Starlink’s commercial launch in India, following government approval for its Unified License.
Gold prices have plummeted over Rs 12,000 from their peak, driven by easing US-China trade tensions. Analysts suggest continued volatility, with key support levels holding, presenting potential opportunities for long-term investors.
US President Donald Trump claimed he averted a war between India and Pakistan by threatening hefty tariffs, suggesting a trade deal with India is imminent. He stated his intervention, coupled with a refusal to proceed with trade, prompted de-escalation.
Asian markets climbed, mirroring Wall Street’s record highs, driven by AI stock enthusiasm and anticipated US interest rate cuts. Investors are optimistic about potential breakthroughs in US-China trade talks ahead of a meeting between Presidents Trump and Xi. Upcoming tech earnings from Microsoft and Meta are also keenly awaited, poised to further fuel the current…
