China’s new supply chain control regime, enacted in April, poses a challenge to India’s electronics manufacturing ambitions. New decrees grant Chinese regulators broad powers to scrutinize and intervene in supply chain decisions, potentially impacting global brands and domestic firms looking to diversify away from China. Industry players are seeking government assistance to navigate these fresh
Union Minister Piyush Goyal addressed concerns over the rupee’s decline and widening current account deficit, stating the government is considering measures to manage the situation. He also highlighted significant US investment commitments and confirmed ongoing trade deal discussions are proceeding as scheduled.
NVIDIA has achieved record-breaking first quarter results for fiscal year 2027. Revenue surged significantly, fueled by strong demand for its data center and AI offerings. The company is also updating its business segment reporting structure. NVIDIA anticipates continued strong performance in the upcoming quarter.
Prime Minister Modi’s five-nation tour secured nearly $40 billion in investment, with over 50 global firms pledging fresh capital and expansion. Key sectors like semiconductors, defence, and energy saw significant commitments. India elevated ties with the UAE, Netherlands, Sweden, and Italy, fostering strategic partnerships and boosting economic cooperation.
Gold and silver price prediction today: While MCX Silver is consolidating on the weekly chart, gold is eyeing its next meaningful target of Rs 1.7 lakh, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group.
Top stock market recommendations: Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group has recommended Varun Beverages, Max Healthcare Institute, and Page Industries as the top buy calls for May 21, 2026. He also shares his outlook on Nifty, and Bank Nifty.
The Indian Rupee saw a welcome rebound, gaining 61 paise to trade at 96.25 against the US dollar, driven by easing oil prices. Despite this recovery, the currency remains under pressure, marking a nine-session losing streak. The Reserve Bank of India announced a $5 billion dollar-rupee swap auction to bolster banking system liquidity amidst global
Elon Musk is on the cusp of becoming the world’s first trillionaire as SpaceX prepares for a monumental IPO, potentially the largest in Wall Street history. The company’s $1.25 trillion valuation could significantly boost Musk’s net worth, fueled by his majority stake and ambitious plans for AI, Starlink, and Mars colonization.
Oil prices edged higher as supply disruption fears from the Iran conflict and falling US crude stockpiles emerged. Brent crude reached $105.83 and WTI $99.23, recovering from a sharp decline after US-Iran negotiation reports. Tensions around the Strait of Hormuz persist, impacting global shipments and forcing nations to tap reserves.
