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Wall Street’s Magnificent Seven pack sheds 15% YTD: Aswath Damodaran eyes tariff-crisis aftershock on US stock market

In early April 2025, global financial markets were jolted by a sharp and unexpected escalation in trade policy. US President Donald Trump announced sweeping reciprocal tariffs targeting nearly every major trading partner, a move that went beyond the tit-for-tat approach of previous years. US equities had the biggest decline in dollar value terms, losing $5.3...
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Oil hits 4% year low on US-China trade war, Brent, WTI slump 16% in one week: How to place bullish bets on MCX crude?

Oil prices plunged as much as 7% on Wednesday, hitting fresh four-year lows before recovering some ground, after China announced additional tariffs on U.S. goods in retaliation against President Donald Trump’s tariff policy. China will impose 84% tariffs on U.S. goods from Thursday, up from the previously announced 34%, the finance ministry said. Brent futures...
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Zerodha CEO Nithin Kamath’s subtle advice for investors amid ’debilitating’ conditions: ‘Take a break from trading…’

Zerodha co-founder and chief executive officer (CEO) Nithin Kamath has shared some subtle advice for D-Street investors amid the current heightened volatility in the Indian stock market due to global trade uncertainty. Kamath suggests that ‘it won’t be a bad idea’ for investors to ‘take a break from trading and recharge’. ‘Judging by what’s happening,...
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Sebi sets up panel to tighten conflict of interest norms for its own officials

The market regulator has set up a committee to review and strengthen the regulations governing conflict of interest and disclosures by members and officials of the Securities and Exchange Board of India (Sebi). The high-level committee’s mandate is to “comprehensively review and make recommendations for enhancing the existing framework for managing conflicts of interest, disclosures...
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Last call to volunteer at TC All Stage 2025

TechCrunch All Stage, our founder-focused summit, is gearing up to return to Boston on July 15! We’re doing a last call for exceptional volunteers to join us in bringing this event to life. If you’ve ever wondered about the inner workings of tech events, now’s your chance to get involved. Volunteer spots are limited, so...

Andhra Pradesh Approves Project Handover To Speed Up MSME Infrastructure Development

Amaravati, Jun 17 (KNN) The long-stalled construction of flatted factory complexes at the Vemavaram Jakkampudi Economic Township is poised to advance following state government approval for institutional restructuring and project handover. The Andhra Pradesh government has authorised the Andhra Pradesh Economic Development Board Corporation Limited to complete pending land alienation procedures and transfer project responsibilities...

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