US equities posted their best monthly gain since 2020 in April as the S&P 500 set a closing record of 7,209 driven by a 10 percent surge in business investment.
Tag: Business
Nasdaq Composite Also Hit New Closing Record of Around 24892 in April 2026
The Nasdaq Composite joined the S&P 500 at all-time highs in April 2026 closing at approximately 24,892 as AI and technology investments drove the surge.
US Business Investment Rose Over 10% in Q1 2026 Driven by Equipment and Intellectual Property
Treasury data shows US business investment surged more than 10 percent in the first quarter of 2026 primarily in new equipment and intellectual property products.
Spirit Airlines Collapse and High Fuel Costs Test Summer Vacation Spending Limits
Spirit Airlines’ failure combined with elevated jet fuel costs are squeezing summer travel budgets and testing the resilience of US consumer discretionary spending.
India Startup Ecosystem Daily Roundup Sees Multiple Funding and Expansion Announcements
A busy day for India’s startup ecosystem featured new funding rounds product launches and international expansion plans
SEBI Tightens Regulations on Algorithmic Trading After Market Volatility Spike
India’s SEBI has issued new regulations capping the speed of high-frequency algorithmic trading following extreme intraday volatility in recent weeks.
UPI Transactions Cross 20 Billion Mark in April 2026 Setting New Monthly Record
India’s Unified Payments Interface processed more than 20 billion transactions in April 2026, a new all-time monthly high.
Byju’s Insolvency Proceedings Near Conclusion as NCLT Reviews Final Settlement Proposal
The National Company Law Tribunal is reviewing a final settlement proposal in the prolonged Byju’s insolvency case.
India Allows 100 Percent FDI in Space Sector Attracting SpaceX and Amazon Kuiper Partners
The government has opened the space sector to 100% foreign direct investment, drawing significant interest from global satellite and launch companies.
India’s Pharmaceutical Exports Reach Record $27 Billion in FY26
India’s drug exports crossed a record $27 billion in the fiscal year ending March 2026, driven by generic demand from the US and African markets.