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The Latest Breaking News from SP

Akhilesh Yadav alleges "BJP conspiracy" behind land scam allegations against MP CM Mohan Yadav, says party wants leadership change

Samajwadi Party chief Akhilesh Yadav accused the BJP of plotting to replace Chief Ministers in Madhya Pradesh, Rajasthan, and Uttar Pradesh, citing land acquisition allegations against MP CM Mohan Yadav as a pretext. He drew parallels with UP CM Yogi Adityanath's alleged land dealings. Reacting, UP minister Om Prakash Rajbhar…

The Economic Times

Plunge in Chipmakers Drags Stock Indexes Sharply Lower

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -1.44%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -3.29%. September E-mini S&P futures (ESU26 ) fell -1.41%, and September E-mini Nasdaq futures...

Barchart

Dollar Moves Higher as Weak Stocks Boost Liquidity Demand

The dollar index (DXY00 ) climbed to a 13-month high on Tuesday and finished up by +0.36%. The dollar rallied on Tuesday's plunge in equity markets, boosting liquidity demand for the currency. The dollar also has carryover support from last Wednesday, when the FOMC projected higher interest rates later this...

Barchart

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Stocks Slide as Artificial Intelligence Frenzy Eases

The S&P 500 Index ($SPX ) (SPY ) today is down -1.04%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.01%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.67%. September E-mini S&P futures (ESU26 ) are down -1.00%, and September E-mini Nasdaq futures...

Barchart

Stocks Retreat as Tech Shares Plunge

The S&P 500 Index ($SPX ) (SPY ) today is down -1.26%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.69%. September E-mini S&P futures (ESU26 ) are down -1.14%, and September E-mini Nasdaq futures...

Barchart

Queensland’s economy teeters on edge of ratings downgrade despite coal royalty windfall

Earnings from mining the fossil fuel set to increase to $6.9bn over financial year, up from $4.8bn, with budget deficit to reach $6.2bn

The Guardian - AU

Stocks Mostly Lower on Weakness in Megacap Tech and Software Stocks

The S&P 500 Index ($SPX ) (SPY ) on Monday closed down -0.37%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.19%. September E-mini S&P futures (ESU26 ) fell -0.34%, and September E-mini Nasdaq futures...

Barchart

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Bank of Thailand set to hold firm on its policy rate

The Bank of Thailand (BoT) is widely expected to leave its benchmark policy rate unchanged at 1% at Wednesday's Monetary Policy Committee (MPC) meeting, with research houses noting that subdued inflationary pressures and heightened external uncertainties warrant a steady stance.

Bangkok Post

Stocks Erase Early Gains as Alphabet and Software Companies Fall

The S&P 500 Index ($SPX ) (SPY ) today is down -0.40%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.30%. September E-mini S&P futures (ESU26 ) are down -0.38%, and September E-mini Nasdaq futures...

Barchart

Maharashtra govt tables Rs 97,706 cr supplementary demands; Rs 20,552 cr for farm loan waiver

Maharashtra government tabled supplementary demands of over Rs 97,700 crore, with a significant Rs 20,552 crore earmarked for the farm loan waiver scheme. The net additional burden on the exchequer stands at Rs 74,817.66 crore. Other major allocations include funds for capital investment, MSEDCL debt repayment, and rural employment programs,…

The Economic Times

Oppn parties worried over BSP fielding Brahmin candidates for UP polls: Mayawati

BSP chief Mayawati asserts that opposition parties, particularly the Samajwadi Party, are showing anxiety over her party's strategy of fielding Brahmin candidates for the upcoming Uttar Pradesh Assembly elections. She believes this move, aimed at securing upper-caste support, could lead to a BSP majority government, reminiscent of 2007. Mayawati emphasized…

The Economic Times

SBI's improving performance warrants better valuation, chairman Setty says: Report

State Bank of India's chairman believes the bank is undervalued, citing improvements in financial strength, customer base, and earnings. He highlighted the success of the Yono digital platform, strengthened capital position, and the significant growth in value from its subsidiaries. SBI is also focusing on technology adoption, including AI, and…

The Economic Times

New committee seeks to create reform agenda

The government is preparing to establish a national reform agenda for the next four years, according to Finance Minister Ekniti Nitithanprapas.

Bangkok Post

IMD ranking boost sparks reform drive

Thailand's rise in the latest IMD World Competitiveness Ranking has prompted the government to build on its strengths and address structural weaknesses to support long-term economic growth.

Bangkok Post

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Bangkok Post

Joe versus Big Wings

Wingstop has 3,000 restaurants across 18 countries, approximately US$5 billion (162.5 billion baht) in system-wide sales in 2024, and 21 consecutive years of same-store sales growth. It is, by any measure, big in the business of wings. Its first Thai branch opened at MBK Center earlier this year, operated by…

The Economic Times

"Shivpal once said SP has become party of thieves, mafias": OP Rajbhar doubles down attack on Samajwadi Party

"Shivpal ji was betrayed. After Mulayam Singh ji, Shivpal Yadav should have been the CM, but instead, he was pushed out of the party. Shivpal ji once said the Samajwadi Party has become a party of thieves and mafias. He had warned that such a party cannot survive," Rajbhar, the…

The Economic Times

Aswath Damodaran's warning on trillion-dollar fight over SpaceX and OpenAI in world's most powerful stock index

NYU professor Aswath Damodaran has cautioned that the rush to include newly listed giants such as SpaceX, OpenAI and Anthropic in the S&P 500 could reshape passive investing. While these firms may quickly become some of the market’s largest companies, Damodaran argues they could still be loss-making, have evolving business…

Barchart

Stocks Sharply Higher as US-Iran Peace Deal Eases Inflation Risks

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +1.08%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +2.48%. September E-mini S&P futures (ESU26 ) rose +1.15%, and September E-mini Nasdaq futures...

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Barchart

Stocks Rally as President Trump Signs a Preliminary Deal to End the US-Iran War

The S&P 500 Index ($SPX ) (SPY ) today is up +0.73%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.53%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.62%. June E-mini S&P futures (ESM26 ) are up +0.80%, and June E-mini Nasdaq futures...

Bangkok Post

S&P keeps Thai sovereign credit rating intact at BBB+

S&P Global Ratings has maintained Thailand’s sovereign credit rating at BBB+ with a stable outlook, reflecting confidence in the country’s economic fundamentals, policy direction and ability to withstand external shocks.

The Economic Times

Action will be taken against Shiv Sena (UBT) MPs who violate whip, says Arvind Sawant

Shiv Sena (UBT) has issued a whip to its MPs ahead of a crucial meeting in New Delhi. Party leaders have stated that action will be taken against those who defy the whip. Rebel MPs have reportedly met with the Lok Sabha Speaker, claiming support from six out of nine…

The Economic Times

25-26 MPs of Samajwadi Party ready to break away, says Keshav Prasad Maurya amid OP Rajbhar's split claims

Uttar Pradesh Deputy Chief Minister Keshav Prasad Maurya states many Samajwadi Party MPs are ready to leave. SBSP chief Om Prakash Rajbhar predicts a significant realignment within the Samajwadi Party. He advises party chief Akhilesh Yadav to focus on retaining his MPs. These claims fuel speculation about opposition party unrest…

Ballotpedia

Federal prosecutors subpoena banks over alleged closure of accounts

In this week’s edition of Economy and Society:

The Economic Times

Ram temple donation row: Akhilesh intensifies attack on BJP, adds 'land grab' charge

Samajwadi Party chief Akhilesh Yadav has intensified his criticism of the BJP regarding the Ram temple donation controversy. He has raised concerns about the transparency of donation management and alleged land-related irregularities in Ayodhya. A Special Investigation Team is currently probing these allegations. The trust has denied any wrongdoing.

The Economic Times

Dana aur gana kab tak chalega yeh afsana: SP Chief Akhilesh Yadav takes swipe at OP Rajbhar's claims

"During the BJP's ten-year tenure, primary schools have been systematically shut down in Gorakhpur, with the highest number of closures occurring in that region. The Chief Minister has closed 500 primary schools in Gorakhpur alone and has been responsible for snatching away 1,500 government jobs. While there were over 2,000…

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