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Bloomberg Quint
15h
76
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Trump’s 50% Copper Import Tariff Said To Cover Refined Metal
- US President Donald Trump's proposed 50% copper tariffs are anticipated to cover refined copper, aiming to boost American production of the essential material.
- Including refined copper in the tariff list, which is a significant import category for the US, is expected to have broad implications due to its crucial role in various sectors such as electric grids, construction, automaking, and consumer electronics.
- The tariff measures have not been finalized yet and require an official announcement from Trump, as stated by a White House official after the recent announcement lacked detailed information.
- Industry representatives have engaged with the White House, suggesting a focus on restricting exports of ore and scrap metal instead of imposing tariffs on imports, in line with concerns from leading metals companies.
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Bloomberg Quint
16h
109
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Indian Residential Real Estate: Riding The Premiumisation Wave
- Demand for premium and luxury housing in the Indian residential real estate sector is expected to continue growing moderately, driven by sustained economic growth and increasing income levels.
- Residential property sales have shown significant growth, with demand increasing at a compound annual rate of 14%, supported by rising capital values and a higher share of premium and luxury properties in sales.
- Developers in India are focusing more on the premium and luxury segments, with the share of these properties in total launches expected to increase from 37% in 2024 to 38-40% in 2025 and 2026, while affordable and mid-segments are likely to see a decline in share.
- The real estate industry has seen strong equity inflows, contributing to developers deleveraging their balance sheets, leading to improved sector stability. The trend of demand growth for premium and luxury housing is anticipated to continue, albeit at a moderate pace.
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Bloomberg Quint
16h
131
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EPF Vs NPS: Best Investment Option To Build Your Retirement Corpus In FY26
- Deciding on the right investment scheme for your retirement should consider factors like risk appetite, investment horizon, and the desired corpus size.
- Two government-backed schemes popular for retirement planning are the Provident Fund (PF) and the National Pension System (NPS), each offering unique advantages.
- EPF (Employees Provident Fund) guarantees returns, tax benefits, and security, while NPS (National Pension System) offers market-linked gains, tax benefits, and flexibility in contributions.
- NPS may be preferable for building a larger retirement corpus with higher contributions and flexibility, while EPF suits those seeking secure returns and tax benefits. Evaluating financial needs and risk appetite is crucial before choosing between the two.
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Bloomberg Quint
16h
1.8k
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Q1 Results Next Week: HDFC Bank, RIL, HCLTech, ITC Hotels, Wipro Among 120+ Companies To Announce Earnings
- As many as 127 companies are set to announce their first quarter financial results next week, covering various sectors like finance, infrastructure, real estate, and hospitality.
- Investors and analysts will closely monitor the earnings of companies including HDB Financial Services, Ola Electric, HDFC Bank, Axis Bank, ICICI Bank, Tata Group firms, and Reliance Industries Ltd.
- Reliance Industries Ltd. is scheduled to declare its Q1 financial results on July 18, with companies like Wipro, HCLTech, and ITC Hotels also in the list of announcements from July 14-19.
- The upcoming wave of earnings announcements will provide insights into growth prospects, challenges, and trends within different industries, with HDB Financial Services holding its first quarterly results post IPO debut on July 2.
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Bloomberg Quint
16h
255
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Jane Street India Ban Threatens 900% Rally For Asia’s Oldest Stock Exchange
- Asia’s oldest stock exchange faces challenges after Jane Street ban in India.
- The BSE shares plunged amid fears of stricter regulations and competition from NSE.
- The fallout impacted BSE's revenue and earnings, signaling a potential shift in trading dynamics.
- Despite setbacks, BSE has historically adapted and innovated since its 1875 inception.
- Investors like Siddharth Balachandran remain optimistic about BSE as a proxy for India's growth.
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Bloomberg Quint
16h
470
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Google Is Said To Pay $2.4 Billion For Windsurf Assets, Talent
- Alphabet Inc.’s Google acquires Windsurf for about $2.4 billion, hiring top talent and licensing rights.
- Windsurf's deal with OpenAI fell through due to tension with Microsoft over intellectual property access.
- Google hires Windsurf CEO and co-founder to work at its DeepMind AI unit.
- Big tech companies are engaging in talent and technology acquisitions from AI startups to enhance their offerings.
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Medium
16h
584
✨ The GenAI Revolution: Why Upskilling Isn’t Optional Anymore
- The GenAI Revolution is changing the work landscape with AI capabilities like writing, designing, coding, and automating at an unprecedented scale.
- Upskilling has shifted from luxury to necessity in order to survive in the evolving job market influenced by AI.
- Key skills for staying ahead include prompt engineering, model customization, API integration, workflow automation, and ethics & responsible use of AI.
- AI integration is reshaping job markets, workflows, and the way businesses function, emphasizing the urgency for individuals to adapt and upskill.
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19 Likes
Bloomberg Quint
16h
359
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Bold And Bullish! Behind JPMorgan's Big Nifty Call — Earnings, Tax Cuts And More
- JPMorgan predicts Nifty could hit 30,000 in 6-9 months on earnings recovery.
- Expert highlights double-digit growth in earnings as key driving force for market.
- Optimism in stock market despite US tariff concerns and cautiousness among players.
- Expected growth in specific sectors like healthcare, insurance, and building materials.
- Indices stumbled due to US trade deal uncertainty and weak IT earnings.
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21 Likes
Bloomberg Quint
17h
353
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Air India Crash Probe: 2018 FAA Advisory Was Not As Critical, Say Airline Officials | Profit Exclusive
- Air India officials have stated that the 2018 FAA Advisory mentioned in the preliminary report on the Air India AI 171 crash was not as critical.
- The US aviation regulator had issued a bulletin in 2018 warning of a fuel control switch malfunction in the Boeing 787, where the fuel supply to the engines could be cut off.
- One of the key findings of the report on the crash highlighted that the twin engines shut down moments after take-off as fuel supply was cut off, with the switches moving from 'RUN' to 'CUTOFF' position.
- Air India did not carry out inspections recommended by the FAA bulletin in 2018, as they were not mandatory, according to the report.
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Bloomberg Quint
17h
2k
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Delhi Building Collapse: Rescue Operations Underway, Several Feared Trapped
- A four-storey building collapsed in northeast Delhi, with some individuals feared to be trapped under the debris.
- Three people were rescued and taken to the hospital, while rescue operations involving multiple agencies are ongoing.
- Locals reported that a family of 10 resided in the collapsed building, and initial rescue efforts were carried out by residents before official teams arrived.
- The Delhi Fire Service chief mentioned that the building collapse occurred in Seelampur, and a search operation is still in progress.
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25 Likes
Bloomberg Quint
17h
235
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Air India Pilots Couldn’t Regain Thrust, Fuel Cut-Off Led To Crash That Killed 260: AAIB Report
- Air India jetliner crashed after fuel supply cut-off, pilots failed to regain thrust.
- Initial report reveals switches moved to cut-off position after takeoff, leading to tragedy.
- Investigation ongoing to determine cause; no evidence for actions against Boeing or engines.
- Pilots' experience being examined; crew actions under scrutiny in aftermath of crash.
- Boeing 787 bound for London crashes, investigation reveals critical details of fatal incident.
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Bloomberg Quint
18h
274
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Air India Plane Crash Report: Key Findings From AAIB Probe
- The Air India Flight AI171 crash in Ahmedabad resulted in the death of 260 individuals, with only one survivor reported.
- The Aircraft Accident Investigation Bureau's 15-page preliminary report revealed critical failures after takeoff, including sudden engine shutdown, cockpit confusion, and emergency systems deployment.
- Key findings highlighted the unsuccessful recovery attempt, thrust lever discrepancy, and normal takeoff configuration with no signs of sabotage but maintenance gaps noted.
- The investigation is ongoing to determine the cause, whether it was due to mechanical failure, human error, or unaddressed technical advisory.
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11 Likes
Bloomberg Quint
18h
365
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Air India Crash: Fuel Cut-Off Switch Movement Not Possible Without Manual Action, Says Senior Captain
- Senior Captain Saurabh Bhatnagar stated that it is not possible for the fuel cut-off switches in Boeing 787 Dreamliner to move on their own, requiring manual action.
- The Aircraft Accident Investigation Bureau revealed that the fuel cut-off switches of the crashed Air India flight moved from 'RUN' to 'CUTOFF' positions one second apart, leading to a loss of thrust.
- Cockpit voice recordings showed confusion among pilots after the inadvertent fuel cut-off, with one engine failing to recover sufficient power despite crew efforts.
- The investigation into the crash is ongoing to determine the root cause of the fuel cut-off, with industry experts analyzing potential technical malfunctions or inadvertent inputs.
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21 Likes
Bloomberg Quint
18h
64
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Mahanagar Gas Among Systematix' Top Stock Picks In Oil & Gas Sector; Q1 Results Preview
- Systematix Institutional Equities remains positive on GAIL India.
- In Q1 FY26E, the aggregate operating earnings for the gas sector coverage universe are expected to decline 25.9% YoY and -2.9% QoQ.
- CGDs are expected to outperform with just -2.1% YoY and +13.5% QoQ.
- Margin expansion is anticipated in CGDs due to lower gas costs, higher APM allocation, rupee appreciation, and CNG price hikes.
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2 Likes
Bloomberg Quint
18h
643
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Ahmedabad Plane Crash: Air India, Boeing Respond To AAIB Preliminary Report
- Air India and Boeing have responded to the preliminary investigation report following the crash of Air India Flight AI 171 in Ahmedabad.
- Air India expressed solidarity with the affected families and confirmed cooperation with regulatory authorities based on the AAIB's report.
- Boeing conveyed condolences and reaffirmed support for the investigation into the tragic accident.
- The AAIB's report indicated a sudden loss of thrust due to fuel cut-off, leading to the crash that resulted in the loss of 241 of the 242 people onboard.
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