Author: V. Alure

Image source: Getty Images BAE Systems (LSE:BA.) shares remain red hot right now. Further strong gains today (18 February) mean the defence giant’s risen an impressive 57% in value over a 12-month horizon. To put that into context, someone who bought 101 shares in the FTSE 100 business a year ago would now be sitting on a £766 capital gain. The value of that number of shares is now worth £2,116, up from £1,350 12 months ago. That’s not all — with dividends added in, our investor would have realised an £811 total return. Past performance isn’t always a reliable…

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Ian Bremmer, founder and president of Eurasia Group, said on Wednesday that Chinese imports of Russian oil have climbed to a record high of two million barrels per day, but the “United States is unprepared to sanction the Chinese.” He said this was the result of India cutting off its purchases of Russian oil.   “Chinese imports of Russian oil now at a record high of two million barrels a day. Result of India cutting off their purchases, Russia offering discounts, and the United States unprepared to sanction the Chinese,” he wrote on X.  According to Kpler, which tracks the…

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It was a celebration with a difference as HiLITE Group marked 30 years of its journey by gifting 47 cars worth Rs 20 crore to its employees, calling it a tribute to the people behind its growth. The cars—ranging from luxury models such as Range Rover, Audi Q8 and Land Rover Defender to popular SUVs including the Tata Harrier, Kia Seltos, Hyundai Creta and Skoda Kylaq—were handed over as part of the anniversary celebrations. At the same event, the Group unveiled an ambitious 50 million square feet expansion plan across Kerala by 2030. The company said the expansion is expected…

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Market ended in green for the third straight session on Wednesday, with benchmark equity indices rising on the back of last-hour buying in banking, metal and FMCG stocks.The 30-share BSE Sensex jumped 283.29 points, or 0.34 per cent, to settle at 83,734.25 in a volatile trade. The 50-share NSE Nifty gained 93.95 points, or 0.37 per cent, to close at 25,819.35.Among the Sensex constituents, Tata Steel, ITC and Kwality Walls were the major gainers. On the other hand, Eternal, Tech Mahindra and Infosys were the laggards.“Indian markets witnessed a late surge driven by broad-based buying after a cautious start, as…

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If you talk to Americans abroad these days, those who’ve been out of the U.S. for a decade or more, you might hear a quiet confession slip out sooner or later: “I’ve thought about renouncing.” Not always said proudly, not always said lightly, but said with a strange mix of exhaustion and relief. Renunciation used to sound extreme, almost unthinkable. In 2025, it’s starting to feel… understandable. There’s no single dramatic policy shift driving this. Instead, it’s a stack of small pressures that, over time, push people toward a decision they once swore they would never make. 1. Filing From…

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Zydus Lifesciences Ltd has received final approval from the United States Food and Drug Administration (FDA) for bosentan tablets for oral suspension, 32 mg, the company said on Wednesday, February 18.The approved product is the generic version of Tracleer® tablets for oral suspension, 32 mg, and is indicated for the treatment of pulmonary arterial hypertension (PAH). It is specifically prescribed to improve exercise ability and reduce clinical worsening in children aged three years and above suffering from idiopathic or congenital PAH.According to the exchange filing, bosentan is a dual endothelin receptor antagonist that helps lower high blood pressure in the…

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Walmart CEO John Furner, left, and Target CEO Michael Fiddelke.Walmart (L) | Getty Images (R)When Walmart and Target report holiday earnings this quarter, investors may quickly brush off those results. Instead, they will likely focus more on the two big-box retailers’ futures under new CEOs and the outlook for U.S. consumers in 2026. Both companies had leadership changes this month: Walmart CEO John Furner and Target CEO Michael Fiddelke, both longtime company insiders, took on their roles on Feb. 1.The rival retailers have contended with the same economic challenges. U.S. consumers are still spending, but buying selectively, as inflation and…

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In an aerial view, two-story single family homes line the streets on Jan. 14, 2026 in Thousand Oaks, California. Kevin Carter | Getty ImagesMortgage interest rates dropped last week to the lowest level in a month, prompting more current borrowers to seek savings in a refinance. While lower rates didn’t give potential buyers much incentive, the run on refinances was enough to push total mortgage demand 2.8% higher compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $832,750 or less, decreased to…

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The declaration came about nine months after the JSW Group had entered the automobile business after forming a joint venture with China-based SAIC Motor, which now owns the British-origin MG brand of vehicles. Jindal’s intention of doubling down on the automobile business will culminate in India getting its first new homegrown carmaker this millennium. But why does a legacy group, whose cash cow is the steel business, want to get into the intensely competitive automobile sector given the risks? India’s car market is one of the most consolidated in the world. According to data from government portal Vahan, the top…

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