# Tags

Rupee Tumbles, Sensex Plunges 3% as India Reports Pakistan-Origin Drone Strike Near Border

The Indian rupee opened at a historic low of 86.50 against the U.S. dollar, while the Sensex plummeted 3% in early trading after India’s Defense Ministry confirmed a Pakistan-origin armed drone breached airspace near Jammu, sparking fears of escalating cross-border tensions. The drone, carrying advanced missile technology, was intercepted 20 km from the Line of […]

Oral Obesity Drug Breakthrough: Eli Lilly Soars 16% as Novo Nordisk Plunges 7% in Market Shakeup

The 100 billion obesity treatment market witnessed a seismic shift Thursday as Eli Lilly′s positive Phase 3 trial results for its oral GLP−1 drug orforglipron triggered a dramatic 728 billion evaporate from its market capitalization in a single trading session. Trial Results That Changed the Game: Orforglipron demonstrated 14.7% average weight loss vs placebo in […]

Dollar Hits One-Week High as Inflation Data Shocks Markets

Global stock markets are experiencing mixed signals as investors digest new economic data and geopolitical developments. U.S. inflation figures have surpassed expectations, sparking concerns about potential delays in Federal Reserve interest rate cuts. Meanwhile, diplomatic efforts and economic indicators are influencing trading patterns across Asia and Europe. The S&P 500 closed lower after U.S. inflation […]