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The Latest Breaking News from SP

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

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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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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…

Bangkok Post

"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…

The Economic Times

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...

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...

Barchart

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.

Bangkok Post

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

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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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The Economic Times

UP minister Om Prakash Rajbhar claims major split in Samajwadi Party

Om Prakash Rajbhar, an ally of the BJP, has claimed a significant split is imminent within the Samajwadi Party. He alleges that several Samajwadi Party leaders are preparing to join the BJP. Rajbhar also stated that Samajwadi Party leader Ram Gopal Yadav has submitted a letter to Union Home Minister…

AAP

Wall Street ends mixed ahead of Federal Reserve meeting

US stocks have closed mostly lower as investors monitored developments ahead of a planned US-Iran peace deal ceremony.

The Economic Times

US stocks: Dow hits record high as oil slides; SpaceX shares soar

The Dow Jones Industrial Average reached a new record high on Tuesday, driven by falling oil prices amid optimism for a U.S.-Iran peace deal. Meanwhile, SpaceX's market value surged past Amazon's, positioning it as the fifth most valuable U.S. company. The S&P 500 saw a slight gain, while the Nasdaq…

The Economic Times

The Next Frontier: LG's future is not just the TV and fridge in your home

LG Electronics is accelerating its transformation: LG Electronics is transforming from a home appliance maker to a technology powerhouse. The company is expanding into recurring services and business-to-business solutions. LG is also investing heavily in AI infrastructure and robotics. This strategic shift aims to build stable, high-margin businesses. The vision…

Barchart

Stocks Settle Sharply Higher as US-Iran Peace Deal Spurs Optimism

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +1.65%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.92%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +3.06%. June E-mini S&P futures (ESM26 ) rose +1.68%, and June E-mini Nasdaq futures...

Barchart

Stocks Rally as US-Iran Peace Deal Sinks Oil and Bond Yields

The S&P 500 Index ($SPX ) (SPY ) today is up +1.67%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.24%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.79%. June E-mini S&P futures (ESM26 ) are up +1.72%, and June E-mini Nasdaq futures...

Barchart

Stocks Soar on US-Iran Peace Agreement

The S&P 500 Index ($SPX ) (SPY ) today is up +1.62%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.73%. June E-mini S&P futures (ESM26 ) are up +1.61%, and June E-mini Nasdaq futures...

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