S&P 500 Hits Record High at $678.46: Market Volatility Continues Amid Strong Economic Data** The stock market delivered a strong finish to the week, with the S&P 500 volatility reaching new heights as major indices climbed higher on Friday, October 24, 2025. The broad market index, represented by the SPY ETF, surged 0.82% to close … Read more
The Stock Market Disaster That Shook India The Geetanjali Gems scandal represents one of the most controversial investment decisions by a state-owned institution. On December 20, 2013, SEBI (Securities and Exchange Board of India) imposed a trading ban on Geetanjali Gems stock, citing serious concerns about Geetanjali Gems market manipulation. Yet, remarkably, LIC (Life Insurance … Read more
Porsche AG’s removal from Germany’s prestigious DAX index on September 22, 2025, marks a significant turning point for investors tracking European automotive stocks. The luxury sports car manufacturer’s exit from the 40-member blue-chip index reflects mounting pressures from US tariffs, declining China demand, and costly electric vehicle strategy reversals. Market Impact and Investor Implications Porsche’s … Read more
US Millionaire Population Soars to 23.8 Million: Stock Market Drives Unprecedented Wealth Growth The United States millionaire population reached a historic milestone in 2024, with approximately 23.8 million millionaires according to UBS Global Wealth Report data. This figure represents about 7% of the American population, highlighting significant wealth accumulation amid favorable economic conditions. The US millionaire population grew by 1.5% … Read more
CIO Bullish Outlook Sparks Hope for Indian Stock Market Rally Investment professionals are expressing optimism about Indian stock market prospects as the country’s economy demonstrates remarkable resilience. Chief Investment Officers across leading financial institutions project double-digit returns for Indian stocks over the next 12 months, driven by strong domestic fundamentals and improving corporate earnings. Market experts anticipate the Nifty 50 … Read more
Credit card debt is reaching unprecedented levels among Americans approaching retirement, creating a critical financial dilemma that demands immediate attention. Recent data reveals a concerning trend: 68% of retirees now carry outstanding credit card debt, representing a substantial increase from just 40% in 2022. This alarming surge has prompted many pre-retirees to consider a controversial … Read more
The Italian government’s crushing tax burden of 47.1% on worker wages represents one of the highest tax wedges in the developed world, effectively making Italian workers economic slaves of the state. According to the latest OECD Taxing Wages 2025 report, Italy’s tax wedge for average single workers increased to a staggering 47.1% in 2024, ranking among the highest globally … Read more
Hindustan Coca-Cola Hindustan Coca-Cola Beverages Ltd (HCCBL), the primary bottling arm of beverage giant Coca-Cola in India, has reported a significant 73% decline in net profit to Rs 756.64 crore for the fiscal year 2024-25, down from Rs 2,808.31 crore in the previous year. Financial Performance Overview The company’s revenue from operations declined by 9% … Read more
SBI Card Q2 Results: Profit Rises 10% to Rs 445 Crore in FY26 SBI Card has announced its Q2 results for FY26, delivering a strong 10% rise in net profit to Rs 445 crore—a positive signal for both investors and card users. This performance is powered by robust growth in the credit card segment, with … Read more
Wall Street celebrated a historic trading session on October 24, 2025, with all three major US stock indices surging to unprecedented highs following the release of better-than-expected inflation data. The encouraging numbers have reinforced market confidence that the Federal Reserve will proceed with additional interest rate cuts, providing a much-needed boost to investor sentiment during … Read more