The Latest News

Coforge’s $2.36 Billion Bets Push India Inc Overseas Investments Higher

Coforge-led overseas investments pushed India Inc's ODI to $3.37 billion in April, according to RBI data released Thursday.

Vedanta Arm To Pay Rs 127-Crore Penalty As Supreme Court Rules In Favour Of Punjab State Power Corp

Supreme Court restores Punjab power regulator's order against Talwandi Sabo Power, with Vedanta disclosing a potential payout of about Rs 127 crore plus surcharge.

GAIL Q4 Results: Profit Sinks 21%, Revenue Sees Slight Uptick; Dividend Declared

GAIL's revenue was up 2% year-on-year to Rs 34,773 crore.

Q4 Results Live Updates: LG Electronics Margin Narrows; GAIL Profit Slumps 21%; LIC Profit Jumps 23%

LIC, ITC, LG Electronics India, GAIL India, Nykaa and JSW Cement among companies to report earnings today.

Samsung Shares Jump Nearly 8% After Last-Minute Deal Averts Massive Strike

The agreement with Samsung's South Korean union includes stock-linked bonuses for chip workers, though analysts warn of rising labour costs.

Maruti Suzuki To Pass On Rising Input Costs With Up To Rs 30,000 Price Hike

The exact quantum of change will vary from model to model, Maruti underlined.

LIC Dividend: Insurer Declares Rs 20/Share Dividend, But There’s A Bonus Issue Catch; Check Record Date

LIC's net premium income for the fourth quarter of fiscal 2026, saw a 11.6% uptick to Rs 1.65 lakh crore.

LIC Q4 Results: Net Profit Rises 23%, Asset Quality Improves; Dividend Declared

Solvency Ratio stood at 2.35% compared to 2.11% year-on-year and 2.19% quarter-on-quarter.

Mamaearth Q4 Results: Honasa Consumer Posts Nearly 3x Rise In Profit, Declares Final Dividend

Mama Earth's net profit was at Rs 24.9 crore in the year-ago period.

Large-Caps Or Mid-Caps? Kotak AMC’s Harsha Upadhyaya Shares Portfolio Strategy

Harsha Upadhyaya favours a mix of mid-caps and large-caps, whereas a couple of quarters ago the preference was largely restricted to large-caps.

Bitcoin, Ethereum, XRP In The Red, But One Altcoin Has Surged 15% In 24 Hours

Hyperliquid (CRYPTO: HYPE) surged 15% in the last 24 hours while Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and XRP (CRYPTO: XRP) traded flat.

Hyperliquid ETFs Pull 2.5X More Buying Pressure Than Buybacks

The first two Hyperliquid spot ETFs attracted market cap-adjusted inflows exceeding Bitcoin on three of the first six trading days and outpaced Ethereum on five out of six days, according to analyst Aletheia.

On the sixth trading day, Hyperliquid ETFs saw significantly higher inflows than any crypto peer. 

The ETFs bought 2.5 times the amount of HYPE that the Assistance Fund bought and burned during the same period, adding fuel to already …

Full story available on Benzinga.com

US Market News

SpaceX is heavily reliant on Starlink for growth and profit as it marches toward Nasdaq listing

SpaceX's IPO prospectus underscores the importance of Starlink to the company's operations.

Oil prices jump more than 2% after Iran supreme leader says uranium must remain in country

Iran's position on its enriched uranium will likely complicate peace talks with the U.S.

Bloom Energy rises 2% after partnering with European AI infrastructure upstart in $2.6 billion deal

Nebius said Wednesday that it would deploy Bloom's fuel-cell technology to generate electricity faster and more quickly at its data centers in Europe.

Oil market could enter ‘red zone’ by July as stocks dwindle ahead of summer travel season, IEA chief says

IEA Executive Director Fatih Birol said the single most important solution to the Iran war energy shock is the unconditional reopening of the Strait of Hormuz.

Workday’s Returning CEO Has a Plan to Survive the AI Era

The software company isn’t an AI native. But Aneel Bhusri has established an AI task force and is launching new agents for IT and corporate travel.

Stellantis unveils $70 billion turnaround plan, targets positive cash flow by 2028

Stellantis CEO Antonio Filosa unveiled a new five-year strategic plan Thursday worth 60 billion euros (US$69.7 billion).

Indian Market News

Apollo Tyres: Why Is It Spending ₹3,500 Cr Despite Rubber Price Hikes and Margin Shrinkage Concerns?

Apollo Tyres: Why Is It Spending ₹3,500 Cr Despite Rubber Price Hikes and Margin Shrinkage Concerns?

Synopsis: India’s tyre industry is entering another difficult raw material cycle as natural rubber prices surge sharply. Yet Apollo Tyres is moving ahead with one of its largest capex plans while simultaneously restructuring Europe, signalling that management believes the long-term demand opportunity matters more than short-term margin pressure. The tyre industry in India is once […]

The post Apollo Tyres: Why Is It Spending ₹3,500 Cr Despite Rubber Price Hikes and Margin Shrinkage Concerns? appeared first on Trade Brains.

Crypto Market News

Bitcoin, Ethereum, XRP In The Red, But One Altcoin Has Surged 15% In 24 Hours

Hyperliquid (CRYPTO: HYPE) surged 15% in the last 24 hours while Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and XRP (CRYPTO: XRP) traded flat. Hyperliquid ETFs Pull 2.5X More Buying Pressure Than Buybacks The first two Hyperliquid spot ETFs attracted market...

Hyperliquid whale won’t close HYPE short despite $22M unrealized loss

HYPE’s rally is flashing exhaustion near its record-high resistance, raising the risk of a 20% pullback toward the $51.5–$45 support zone.

Kraken moves closer to UAE launch after Dubai regulatory approval

Kraken’s parent company, Payward, received preliminary approval from Dubai's VARA, paving the way for UAE dirham funding, margin and OTC trading and institutional access via Kraken Prime.

US sanctions Sinaloa cartel-linked Ethereum addresses

OFAC sanctioned six Ethereum addresses linked to a Sinaloa Cartel money laundering network allegedly converting drug proceeds into crypto.

MoonPay expands into tokenized assets and DeFi markets with new platform for banks

With MoonPay Trade, the crypto payments firm is building infrastructure for banks, fintechs to access stablecoins, tokenized funds and yield in a one-stop shop.

Peer-to-peer trading startup Variational raises $50 million for real-world perps in funding round led by Dragonfly

The company is initially offering perpetual futures on real-world assets including oil, silver, copper and gold.

Bitcoin’s ‘less aggressive demand’ may lead to months of consolidation: Analysis

Bitcoin demand and ETF flows weaken as BTC struggles below $80,000, raising risks of prolonged consolidation or a drop toward $65,000.

Jane Street accused of using Terra Telegram backchannel before UST crash

The private Telegram backchannel allegedly allowed Jane Street to unwind hundreds of millions in potential exposure “mere hours before” the Terra ecosystem’s $40 billion collapse.

Boerse Stuttgart taps SocGen, flatexDEGIRO for EU blockchain settlement push

Boerse Stuttgart’s Seturion has partnered with Societe Generale, SG-FORGE and flatexDEGIRO to build a pan-European blockchain securities settlement system.

Live markets: Bitcoin’s flat action continues as SpaceX IPO, Nvidia earnings capture news cycle

Hyperliquid's HYPE is the outlier in crypto, rising 16.5% over the past 24 hours to a new record high.

Blockchain.com files with SEC for U.S. IPO

The crypto financial services firm submitted a draft S-1 to the SEC as it explores a public listing amid renewed momentum in digital asset markets.

Bitcoin’s long-term holder supply approaches record high, breaking multi-year downtrend

Long-term holder supply has surged by more than 2 million coins to 16.3 million BTC during the current bear market.

CoinDesk 20 performance update: Internet Computer drops 1.6%, leading index lower

Hedera (HBAR), down 1.3% from Wednesday, joined Internet Computer (ICP) as an underperformer.

This XRP Whale Bet $224,000 On Sideways Trading For The Next Month—The Chart Says ‘You’re Wrong’

A crypto whale has made a $224,000 bet that XRP (CRYPTO: XRP) stays pinned near $1.40 through June 26 by selling both call and put options in a short strangle strategy on Deribit. Whale Collected $224,000 Premium Betting On Low Volatility The trader sold 1.5 million...

Fed seeks input on limited payment accounts after Trump order

The US Federal Reserve proposed a limited “skinny” payment account framework for fintech and crypto firms and called for a temporary pause on Tier 3 applications.

Stablecoins retain the edge over tokenized money market funds, JPMorgan says

The bank said tokenized money market funds account for only about 5% of the broader stablecoin universe despite offering yield.

OSL Strengthens Asia’s Digital Asset Ecosystem with Listing of State-Supervised Gold-Backed Stablecoin USDKG

OSL Group (863.HK) (OSL), a global stablecoin payment and trading platform, today announced that its Hong Kong-licensed digital asset exchange OSL HK has officially listed USDKG, the gold-backed stablecoin issued by the Kyrgyz Republic.

The $6 billion expiration countdown: Traders pile into $82,000 bitcoin calls ahead of May 29 expiry

Deribit’s bitcoin open interest has overtaken BlackRock’s IBIT as traders brace for a showdown between $75K max pain and $80K call positioning.

HYPE leads crypto rebound as traders position for volatility breakout

Bitcoin and ether stabilized as derivatives activity rebounded, HYPE rose for a fifth straight day and options traders positioned for a breakout.