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2025-10-23 03:56:21| The Economic Times

Trump announced an upcoming diplomatic trip to Malaysia, South Korea, and Japan, including a significant meeting with Chinese President Xi Jinping. Trump also cancelled a planned summit with Russian President Vladimir Putin, citing a lack of progress and expressing optimism that Xi could influence Putin to end the Russia-Ukraine war.

Category: News and Media

2025-10-23 02:52:58| The Economic Times

Asian markets opened lower after a volatile session on Wall Street. Japan and South Korea saw significant drops. Tech stocks faced pressure from company outlooks and earnings. Trade tensions between the US and China resurfaced. Oil prices jumped on new US sanctions. Retail momentum trades experienced sharp losses. US companies are showing strong earnings this quarter.

Category: News and Media

2025-10-23 02:43:31| The Economic Times

President Trump announced the cancellation of a planned summit with Russian President Vladimir Putin, citing a lack of progress in diplomatic efforts and a feeling that the timing was not right. Trump expressed frustration that discussions with Putin, though positive, have not yielded tangible results. This decision coincided with the White House imposing new sanctions on Russian oil exports.

Category: News and Media

2025-10-22 20:23:21| The Economic Times

Infosys promoters, including co-founders like Narayan Murthy and Nandan Nilekani, will not participate in the company's Rs 18,000 crore share buyback. This decision will lead to a slight increase in their shareholding percentage and could impact their voting rights. The buyback aims to return surplus funds to shareholders and enhance long-term value by reducing the equity base.

Category: News and Media

2025-10-22 19:58:56| The Economic Times

Small finance banks have approached the Reserve Bank of India with key requests. They want the regulator to ease a rule requiring half their loans to be under 25 lakh. They also seek permission to participate in co-lending arrangements. These changes aim to help SFBs expand their reach and serve more businesses, particularly MSMEs.

Category: News and Media

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