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A Buddha Air flight carrying 51 passengers and four crew members skidded off the runway while landing at Bhadrapur Airport in Nepal late Friday night. All individuals were safely rescued with no injuries reported. A technical team is being dispatched to assess the situation following the incident.
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News and Media
Major indexes like the Dow and S&P 500 closed higher on Friday, ending a four-day losing streak to begin 2026. Chip makers, industrials, and utilities fueled the gains, while tech giants and consumer discretionary stocks saw declines.
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News and Media
ITC shares plummeted to a three-year low following a government excise duty hike on tobacco products. Brokerages downgraded the stock, citing fears of dampened cigarette demand and significant impact on profitability. Investors are advised to wait for clarity on price hikes and volume trends before considering buying.
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News and Media
Sebi is developing an AI-powered tool to analyze the cyber safety preparedness of regulated entities, aiming to strengthen risk-based supervision. Additionally, a working group is being formed to create a technology roadmap for market infrastructure institutions, ensuring innovation enhances market integrity.
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News and Media
The Indian rupee depreciated by 22 paise to settle at 90.20 against the US dollar on Friday. This decline was attributed to disappointing macroeconomic data, foreign fund outflows, and strong dollar demand from importers. However, weak crude prices and a surge in domestic equities provided some support.
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News and Media
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