AITrends25

  Alibaba leads Asian stocks higher after earnings Equities in Hong Kong and a gauge of Asian shares advanced after Alibaba surged as much as 11% on the back of its earnings  Bloomberg   February 21, 2025  / 08:13 IST Asian stocks are in line to notch a sixth straight weekly gain, the longest winning streak in almost a year Chinese technology shares led gains in Asian stocks after Alibaba Group Holding Ltd. reporting its fastest pace of revenue growth in more than a year boosted optimism toward the sector. The yen weakened past 150 per dollar. Equities in Hong Kong and a gauge of Asian shares advanced after Alibaba surged as much as 11% on the back of its earnings. Japanese stocks were flat. Gold held near a record and Treasuries were little changed after US equities dropped from a record. Asian stocks are in line to notch a sixth straight weekly gain, the longest winning streak in almost a year. While investors remain nervous about rising geopolitical tensions and a...

  Who is former USAID India chief Veena Reddy? Know why BJP is demanding an investigation Veena Reddy, the former USAID India chief, faced scrutiny over a USD 21 million voter turnout funding controversy. As BJP and Congress clash over foreign funding allegations, questions arise about USAID's role in India's electoral process. A new political maelstrom broke out between the Congress and Bharatiya Janata Party (BJP) over a comment by former US President Donald Trump on a USD 21 million USAID contribution for India's voter turnout. The BJP has accused the Congress of seeking foreign interference in Indian elections, linking Trump’s claims to Rahul Gandhi's 2023 remarks about democracy concerns abroad. Meanwhile, the Congress has hit back, demanding that the Indian government release a white paper on USAID's historical funding to both governmental and non-governmental organisations in India. BJP links Trump's remarks to Rahul Gandhi's 2023 speecH. BJP senior l...

Atishi's ‘breaking promises’ allegation after Delhi CM Rekha Gupta's first Cabinet meeting.   AAP leader Atishi criticised the BJP-led Delhi government for not fulfilling its promise of providing ₹2,500 monthly financial assistance to women. ₹2,500 monthly financial assistance to women. Aam Aadmi Party (AAP) leader Atishi on Thursday accused Delhi's new, Bharatiya Janata Party (BJP)-led government of ‘breaking its promise’ after chief minister Rekha Gupta-led cabinet, in its first meeting, passed two agenda items, which did not include the proposal to provide financial assistance of ₹ 2,500 per month , a pre-poll promise from the saffron party for Delhi's women. Former Delhi Chief Minister Atishi addresses a press conference (File Photo) The BJP has “made up its mind” to “cheat” the people, Atishi, CM Rekha Gupta's predecessor, claimed. “The BJP had promised that in the first cabinet meeting itself, they would pass the scheme in which the women of Delhi would be get...

ITC Hotels shares to be removed from Sensex and other BSE indices today ITC. Hotels shares were temporarily included in the Sensex and other indices for portfolio rebalancing by passive funds. ITC Hotels stock was listed on Indian stock exchanges on January 29. ITC Hotels share price will be in focus on Wednesday as the stock will be removed from Sensex and other BSE indices before trading begins on today, February 5, 2025. ITC Hotels is the demerged entity of ITC Ltd and was listed separately last month. ITC Hotels shares were temporarily included in the Sensex and other indices for portfolio rebalancing by passive funds. The stock was listed on Indian stock exchanges on January 29. As the ITC Hotels shares did not hit lower circuit till the cut-off time on Tuesday, February 04, 2 pm, it will be removed from the BSE indices. “As ITCHOTELS did not hit the lower circuit till the cut-off time, the company will be dropped from all the BSE Indices effective prior to the open of trading...

Delhi exit polls later today: What the surveys predicted in 2015, 20 While the average of exit polls correctly predicted a hung Assembly in 2013, they predicted much closer contests in 2015 and 2020, two elections in which the AAP nearly swept Delhi’s 70 Assembly seats. (Express photo by Tashi Tobgyal) The exit poll findings for the Delhi Assembly elections will be out later in the day after voting concludes. Surveys since the Aam Aadmi Party (AAP) made its debut in 2013 have failed to capture the extent of the Arvind Kejriwal-led party’s dominance. While the average of exit polls correctly predicted a hung Assembly in 2013, they predicted much closer contests in 2015 and 2020, two elections in which the AAP nearly swept Delhi’s 70 Assembly seats. 2013 An average of four exit polls in 2013 put the BJP in a commanding position with 35 seats, just shy of the 36-seat majority mark while predicting that the AAP and the Congress would each finish with 17 seats. Ultimately, the BJP man...