MoneyFint Desk
MoneyFint Desk is the editorial voice of MoneyFint, Covering global current affairs and market analysis with depth, precision, and perspective.
Singtel Completes ₹10,350 Crore Bharti Airtel Stake Sale at 3% Discount
Summary Singtel sold a 0.8% stake in Bharti Airtel for ₹10,350 crore ($1.24B) through block trades, reducing its holding to 28.3%. The sale is part....
Indian Markets Face Sustained Sell-Off Pressure as Tech Stocks Decline
SUMMARY * India’s tech stocks plunged this week, sending the Nifty IT index down 6.8% to 33,450 points.** Major firms like Infosys and Wipro....
Metal Sector Jumps 2% Led by Tata Steel and Hindalco on Global Demand
SUMMARY BY MONEYFINT THE NEWS: Indian metal stocks surged Tuesday; Nifty Metal index jumped 1.95% to 8,720.45 points, outperforming the Nifty 50 (0.72%). Tata Steel....
Global AI Optimism Rises to 55% But Regional Divide Widens: 2025 Report
SUMMARY * Global AI Optimism Surges: Global AI investment soared 28% to $195 billion in 2024, with public trust rising 12 percentage points....
Daylight Saving Time Ends November 2 Amid Trump’s Push to Abolish It
SUMMARY * Donald Trump’s plan to abolish Daylight Saving Time (DST) nationwide threatens unprecedented operational overhauls across U.S. aviation, rail, and trucking, disrupting vital....
India’s Manufacturing PMI Hits 58.4 as Economic Resilience Continues in Q2
SUMMARY * India’s October manufacturing and services PMIs surged to 58.5 (18-month high) and 62.1 (15-month high) respectively, signaling broad-based economic acceleration.....
Nvidia Becomes First Company to Cross $5 Trillion Market Valuation
summary • Nvidia’s market capitalization topped $5.05 trillion on November 3 after shares jumped 4.8% to $560.42, fueled by soaring AI chip sales and a....
Home Loan Rates Drop to 7.35% as Banks Launch Competitive Offers
• RBI kept the policy repo rate steady at 6.5% since February, leading public and private banks to stabilize home loan rates around 7.35%,....
Fed Cuts Rates 25 Basis Points But Powell Warns Against Further Reductions
SUMMARY • The Federal Reserve cut its benchmark interest rate by 25 basis points to a 5.00%-5.25% range on April 26, the first reduction since 2023,....
Russia Launches 70+ Drone Strikes on Kyiv, Sparks Nationwide Blackouts
SUMMARY• Russia launched a massive drone strike on Kyiv and suburbs on October 28, deploying over 70 drones targeting Ukraine’s power grid, killing at least....
