Russia has chosen to walk away from the Black Sea grain deal, hours before it was set to expire, threatening food security for millions. But not just tomatoes, prices of other vegetables such as green chillies and ginger have also shot up the roof. The concerns are spreading to Kharif sowing where the overall area under sowing is 49 percent v/s 52 percent year-on-year (YoY). Lionel Messi, the new face of Major League Soccer, was introduced to a packed stadium of adoring fans. He arrived on stage during a glitzy event called 'The Unveil' at Miami's home stadium. Watch this edition of Newspresso with Moneycontrol’s Stacy Pereira and get the latest updates on news across the world.
China's GDP for the second quarter grew by just 6.3 percent on a year-on-year (YoY) basis, a clear miss from estimates. The two day meeting of G20 finance ministers and central bank governors will begin today on July 17. Prime Minister Narendra Modi concludes his visit to France and the United Arab Emirates. Carlos Alcaraz wins Wimbledon after a neck-to-neck match with Novak Djokovic. Watch this edition of Newspresso with Stacy Pereira for your everyday shot of Newspresso.
US wholesale prices increased modestly in June. The producer price index (PPI) ticked up by 0.1 per cent last month, after the earlier contraction. Prime Minister Modi arrived in France yesterday for his two-day visit. He will be attending France’s Bastille Day Celebration. Chandrayaan-3 is set to launch today at 2:35pm. The spacecraft will be launched from Sri Hari Kota in Andra Pradesh. Chandrayaan3 is expected to soft land on the moon between 23 and 24 of August. Watch this edition of Newspresso with Stacy Pereira & get the latest updates on news across the world.
EU-US Data Privacy Framework, and aims to ensure that data can flow safely between the EU and U.S., without having to put in place additional data protection safeguards. In Earnings Corner TCS Has Reported a first quarter earnings largely in-line with muted estimates. Net profit Is up 16.8% (yoY) at Rs 11,074 crore. On the trends front find out about Kazuyoshi Miura a fifty-six year old Japenese football player who refuses to retire. He is the oldest football player in the world. Watch this edition of Newspresso with Stacy Pereira for your morning dose of news!
In a big win for Microsoft, the $69 billion deal with Activision may be closed ahead of the July 18 deadline. The Council has agreed to impose 28 percent GST on the full value of online gaming, horse racing and casinos. On the trends side we see Captain Rohit Sharma, take lead, as a reporter and posed questions to Ajinkya Rahane. Watch this edition of Newspresso with Moneycontrol’s Stacy Pereira and get the latest updates on news across the world.
Global Tech giant Microsoft will be eliminating additional jobs this fiscal according to a Geekwire report. The 50th Meeting of the GST Council, chaired by Finance Minister Nirmala Sitharaman, will take place in capital New Delhi today, on July 11. Four Indian-origin women, including Jayshree Ullal, Neerja Sethi, Neha Narkhede and Indra Nooyi were named by Forbes among America's 100 richest self-made women. Watch this edition of Newspresso with Moneycontrol’s Stacy Pereira and get the latest updates on news across the world.
Floods in North India kill over 18 people. Delhi experiences the highest rainfall since 1982. On the global front Mark Rutte-led Dutch government collapsed this weekend over differences among coalition parties. And on the trend front we have humanoid robot answering the question of the hour; will AI replace human jobs? Watch this edition of Newspresso with Moneycontrol’s Stacy Pereira and get the latest updates on news across the world.
We bring you the latest updates from global markets, D-Street & the emerging trends. Global rice prices which are already at an 11-year high are set to rise further. Billionaire Gautam Adani-led Adani Green announced that it intends to raise funds to the tune of Rs 12,300 crore. Meanwhile on the trends sector Elon Musk threatens Mark Zuckerberg over a lawsuit, says, competition & cheating is different. Watch this edition of Newspresso with Moneycontrol’s Stacy Pereira & get the latest updates on news across the world.
All Federal Reserve officials at their June FOMC meeting indicated that further policy tightening is likely. Policymakers decided against a rate increase amid concerns over economic growth. We bring you the latest from Auto, where Maruti Suzuki launched its most expensive car Invicto. While in the trends sector, tomato is being sold at record highs; surprisingly more expensive than petrol! Watch this edition of Newspresso with Stacy Pereira to get a kick start to your day.
Australia’s central bank held its official cash rate steady at 4.10 percent. China will restrict exports of two metals essential to manufacturing of semiconductors. Indian football team beats Kuwait to win the SAFF. While, tech giant Mark Zuckerberg is all set to announce Meta’s Twitter rival app ‘Threads’. From global markets to top trends this new edition of Newspresso is all you need to kick start your day!
Moneycontrol’s Stacy Pereira brings you the top stories that you need to know to kick start this week.
We bring you the latest from Global Markets & the D-Street. SGX Nifty rebranded as GIFT Nifty what does it mean for Indian markets? Two IPOs hit D-Street this week. We take a look at June Auto sales data & also bring you the latest trends. Twitter CEO Musk has imposed restrictions on the number of posts that users see every day. BCCI announces Dream 11 as the lead sponsor for Team India for three years. Dream 11 replaces the ed-tech firm Byju’s. Moneycontrol’s Stacy Periera brings you the top stories that you need to know to kick start this week.
There is positive handover from global markets as Indian equities are poised to kick-start the July series on a high. After climbing new record high, benchmarks are ready to ride the Bull Run. How will the SEBI Board’s decision impact firms looking to IPO? Why has WHO decided to label Aspartame as a carcinogenic? And details of Virgin Galactic’s first commercial space flight. Stacy Pereira brings you the top stories on this episode of Newspresso
Bullish cues from global markets. S&P and NASDAQ rising 1 percent each. SGX Nifty signalling a higher start for Indian equities. All eyes will be on central bankers as they convene in Portugal at the bankers’ forum. Back home market regulator SEBI’s Board will meet today on June 28, we tell you what’s on their agenda. More details on the HDFC-HDFC Bank Merger. We also bring you details of the ICC World cup fixtures that were announced recently. Stacy Pereira discusses all this and more on Newspresso.
It's the final trading week in June and markets across the globe are consolidating. While Tech stocks on Wall Street took a beating on June 26 pushing the NASDAQ lower by 1 percent, markets in Europe and Asia trade slightly lower. Cyient DLM IPO opens today. Among stocks to watch, Lupin, Bharti Airtel and HUL will be in focus. Google has also appealed against NCLAT order upholding Rs 1,338 crore anti-trust penalty. SAT to hear Zee's Subhash Chandra, Punit Goenka’s plea today. We also tell you about the fuss surrounding Youtube’s Advocacy Ads and what the latest WhatsApp Pink Scam is all about. Stacy Pereira gives you a lowdown on all the news making headlines.
After an eventful week where the Sensex touched a record high, seems like Indian equity markets are poised for more volatility this week. In a truncated trading week along with the monthly F&O expiry scheduled on June 29, markets will consolidate further. A lot of action among primary markets as well with 7 IPOs opening this week. GoFirst gets a fresh lease of life as CoC agrees to fresh funding. While we tell you more about Indian billionaires Mukesh Ambani & Anand Mahindra’s ‘Washington Moment’. Catch all these stories and more with StacyPereira89 only on Newspresso. Tune in.
Hawkish commentary from Fed chairman & hot inflation data from UK meant that global markets start June 22nd on a wobbly note. Markets across Asian trade lower. Indian market saw the sensex touch all-time highs intrade on Wednesday. ON day 2 of PM Modi in US, he met with the president and first lady and will be addressing congress later in the day. Among stocks to watch out for #TCS has won a $1 Billion deal, while Delhivery is likely to see its shares trade hands in block deals. We also get you the look and feel of what a Metasuit feels like.That's all the stories with Moneycontrol's Stacy Pereira to keep you ahead in the game today.
A round up of all the action across markets around the globe, Which are trading slightly lower, taking cues from indices on wall street which closed on a muted note. Alibaba announced a new succession plan naming a new CEO and Chairman. ON day 1 of Modi's US visit. The Prime Minister has met with top CEO's including Elon Musk who says he is a fan of the PM. On the policy front, the transport minister says all trucks will have to install AC in their cabins from 2025. And we get you a sneak peak into what Mercedes Vision one eleven concept car looks like. That's all the stories with Moneycontrol's Stacy Pereira to keep you ahead in the game today.