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Indian Rupee Poised for Best Weekly Gain in Two Years Amid Strong US Dollar Inflows

Indian Rupee Poised for Best Weekly Gain in Two Years Amid Strong US Dollar Inflows

The Indian rupee posted a modest gain on Friday, capping off a week of notable appreciation. Sustained dollar inflows and strategic repositioning by traders contributed to the domestic currency’s strength, even as regional peers in Asia faced downward pressure. Weekly Performance and Key Drivers At 12:16 p.m. IST, the rupee stood at 86.1475 against the […]

UK March CBI trends total orders -29 vs -28 prior

UK March CBI trends total orders -29 vs -28 prior

Prior -28 UK factories continue to report a downturn in the order book balance for March, with the outlook for the coming months also softening. The monthly balance for output expectations over the next three months fell back to -2 after touching a three-month high of +8 in February. CBI notes that “conditions in the […]

Disney shoots down HRC Equality Index shareholder proposal

Disney shoots down HRC Equality Index shareholder proposal

MDB Capital president and chief marketing strategist Lou Basenese joins ‘Cavuto: Coast to Coast’ to discuss Disney’s recent turnaround.  An activist investor vowed to fight another day after Disney shareholders roundly rejected his proposal to reconsider its participation in the Human Rights Campaign’s (HRC) corporate equality index.  Enterprise Project Executive Director Stefan Padfield said he’s […]

SEBI Mandates Online Filing of Shareholding Reports, Allows Dual Submission Until May 14

SEBI Mandates Online Filing of Shareholding Reports, Allows Dual Submission Until May 14

On Thursday, the Securities and Exchange Board of India (SEBI) announced that, effective immediately, reports concerning certain exemptions in share acquisitions under the ‘Takeover Regulations’ can now be filed both via email and through its newly launched intermediary portal. This dual submission mechanism will remain in effect until May 14, 2025, after which all such […]