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Bank of England Warns UK Faces Debt Crisis, June 04
Andrew Bailey warns UK faces rising debt costs on £3 trillion national debt, threatening fiscal stability and government spending.
Physicswallah’s share price rises 18% on NBFC tie-up aimed at reducing credit risk and scaling growth
The Physicswallah share witnessed a sharp jump of nearly 18% in a single trading session, catching strong attention from investors and market watchers. The surge came after the company announced a strategic shift in its lending and financing model through an NBFC tie-up aimed at reducing credit risk and supporting scalable growth. According to market…
TSMC CEO Sees Continued AI Boom Driving Chipmaker Growth in Coming Years
The global semiconductor industry is entering a new phase of growth, and TSMC is positioned at the center of this transformation. The world’s largest contract chipmaker expects the artificial intelligence revolution to continue driving demand for advanced semiconductors for many years. Recent comments from CEO C.C. Wei highlight the company’s confidence in the future of…
Asia FX Holds Steady Following Selloff Triggered by Dollar Strength and Middle East Risks
Asia FX markets steadied on June 4, 2026, after a bruising stretch driven by dollar strength and renewed Middle East escalation. The US Dollar Index (DXY) traded near 99.00 heading into the June 3–4 session, after hotter-than-expected JOLTs job openings data cemented a higher-for-longer rate outlook at the Federal Reserve. That macro backdrop kept pressure…
Mitsubishi Mahindra Exits Farm Equipment, Morooka Takes Tractor Line
Mitsubishi Mahindra exits farm equipment business. Morooka receives tractor asset transfer. About 900 employees face job losses by September 2026.
TSMC Limited Sees Stake Increase: Avestar Capital LLC Adds 1,164 Shares, Up 10.5% in Q4
Institutional investors continue to show strong confidence in Taiwan Semiconductor Manufacturing Company (TSMC), one of the world’s most important chipmakers. During the fourth quarter of 2025, Avestar Capital LLC increased its stake in the company by 10.5%, adding 1,164 shares to its portfolio. The move comes as demand for AI-powered technologies and advanced semiconductors keeps…
Nifty 50 EPS Cuts: Cipla, L&T, Adani Enterprises & Adani Ports Among 31 Downgraded Stocks in FY27 Forecast
Earnings expectations for India’s top companies are facing fresh pressure. In May 2026, analysts lowered FY27 earnings-per-share (EPS) forecasts for 31 of the 50 companies in the Nifty 50 index, highlighting growing concerns about profit growth across key sectors. Major names such as Cipla, L&T, Adani Enterprises, and Adani Ports were among those affected. The…
Partners Group Shares Plunge 17% on Fund Redemption Cap, June 04
Partners Group caps redemptions at $8.6B fund after 9.8% withdrawal requests, triggering 5% quarterly limit and 17% share decline.
Market Live: Sensex 74,351.45 (+5.28) Flat at 0.0071% Amid Weak Global Signals, Nifty Opening Pressure Expected
India’s stock market opened on a cautious note as the Sensex hovered near 74,351 on June 4, 2026, while the Nifty faced pressure from weak global cues. Investors remained watchful ahead of key economic developments, including the RBI’s policy outlook and foreign fund activity. Rising crude oil prices and global uncertainty also added to market…