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François Bayrou ousted as France's Prime Minister after losing vote of confidence
French Prime Minister François Bayrou's government was toppled on Monday as he lost the vote of confidence in the Parliament. Bayrou, who ascended to power nine months ago, is the third Prime Minister to be unseated from power in France in the last 12 months.
Nepal lifts social media ban, PM Oli orders investigation in protest rally claiming at least 19 lives
Nepal lifted the ban on social media platforms on Tuesday (September 9), a day after violent protests left at least 19 people killed. A massive protest rally was witnessed in Kathmandu after Facebook, X, and YouTube, among others, were blocked last week.
Nasdaq hits another record high on hopes of more Fed cuts, resilient economy
Benchmark indices on Wall Street ended higher in a rangebound trading session devoid of any major directional triggers as hopes of more rate cuts by the US Federal Reserve after last Friday's jobs report kept prices higher.
Stock on Wall Street jumps 60% after $20 billion AI cloud deal with Microsoft
Shares of Nebius Group NV surged as much as 60% in extended trading on Monday, September 8, after it announced that it has signed a multi-billon-dollar agreement to provide Microsoft with Artificial Intelligence-related infrastructure. The Amsterdam, Netherlands-based company said that this is the first instance of the company signing a long-term contract with a large tech company and that there are "more likely to come".
US Supreme Court backs Donald Trump on aggressive immigration raids
The US Supreme Court again backed President Donald Trump's hardline immigration approach on Monday, letting agents proceed with Southern California raids targeting people for deportation based on their race or language in a ruling its liberal justices said makes Latinos "fair game to be seized at any time."
President Xi calls for united response by BRICS countries to face Trump's trade challenges
Chinese President Xi Jinping on Monday called for a unified response by the BRICS countries to trade challenges posed by the US, saying that Washington's tariff wars severely disrupted the world economy and undermined international trade rules.
Infosys shares gain over 3% after first buyback in three years; Other IT stocks edge higher
Shares of Infosys, and other IT peers will be in focus on Tuesday, September 9, after the company announced that it will be considering a buyback of its shares on September 11. This will be the first buyback that Infosys will be considering a buyback of equity shares after 2022.
Experts see upside in Adani Ports, Devyani International, Bharat Forge, Adani Energy, and others
Vinay Rajani, Senior Technical & Derivative Analyst at HDFC Securities, shared his trading ideas for the short term, recommending selective buys in ports and quick-service restaurant plays. Rajani remains bullish on Adani Ports, suggesting a buy with a target price of ₹1,400 and a stop loss at ₹1,348.
Users will soon be able to send money globally through post offices using UPI platform
Sending money across countries may soon become faster and more affordable for millions of users, with the launch of the UPI–UPU Integration project in Dubai. The initiative, unveiled by Union Minister for Communication Jyotiraditya M Scindia at the 28th Universal Postal Congress, connects India’s Unified Payments Interface (UPI) with the Universal Postal Union’s Interconnection Platform.
Voltamp Transformers shares fall after equity worth ₹618 crore changes hands in block deals
Shares of Voltamp Transformers Ltd. fell as much as 2% on Tuesday, September 9, after a large trade took place in the stock. As many as 8.12 lakh shares of Voltamp Transformers changed hands in the transaction that took place in the early minutes of the trading session on Tuesday.
FundsIndia crosses ₹20,000 crore AUM, eyes wider expansion
Digital wealth management platform FundsIndia has crossed ₹20,000 crore in Assets Under Management (AUM), the company announced on Monday (September 8). The platform said the growth reflects expansion across retail investors, partner networks and private wealth clients.