Category: Finance

Drivers in Georgia are enjoying lower costs at the pump this week, with the average price for regular unleaded gasoline falling to $2.78 per gallon. This drop stems from a surge in global oil production that has boosted supply and eased demand pressures, according to recent reports from energy experts. Reasons for the Price Decline Increased oil production from major players like the United States and OPEC+ countries has flooded…

Community organizations across Georgia are ramping up efforts to feed families as uncertainty lingers over November SNAP benefits during the ongoing federal government shutdown. With 1.4 million residents relying on this aid, local nonprofits and food banks face surging demand while state officials await federal guidance. Federal Shutdown Sparks SNAP Crisis The federal government shutdown, now in its second month as of November 2025, has thrown food assistance into chaos.…

The NIFTY50 index starts Monday trading under pressure, with experts watching if it can hold the key support level at 25,700 amid mixed global signals. Recent sessions saw the index pull back from gains, failing to break above 26,000, as heavy selling hit major stocks last week. Market Overview and Recent Performance The NIFTY50 closed the previous week on a weak note, giving up most of its early gains due…

Fintech giant Pine Labs has set its IPO price band at 210 to 221 rupees per share, aiming for a valuation over 25,300 crore rupees. The offering opens on November 7, 2025, and highlights big wins for early investors while late ones face discounts from grey market peaks. Key Details of Pine Labs IPO Launch Pine Labs, a leading player in digital payments and merchant services, plans to raise about…

India’s Enforcement Directorate has taken strong action against Anil Ambani’s Reliance Group by attaching over 40 properties valued at ₹3,084 crore. This move, part of a money laundering probe, targets assets including Ambani’s Mumbai home and sites across major cities, issued on October 31, 2025. The attachment focuses on alleged fund diversion from companies like Reliance Home Finance and Reliance Commercial Finance. Officials say public money was misused, leading to…

Georgia families are reeling from a sudden halt in SNAP benefits due to the ongoing federal government shutdown. As of November 1, 2025, more than 1.4 million residents, including over 600,000 children, lost access to this vital food aid, forcing many to turn to overwhelmed food pantries in places like Macon. Families Face Hunger Amid Uncertainty Travis Barnhill, a full-time nursing assistant in Macon, checked his SNAP card on Saturday…

India’s government is weighing a massive $12 billion bailout to rescue debt-strapped state power distribution companies. This move, set for possible reveal in the February 2025 budget, pushes states toward privatization to fix long-standing inefficiencies in the energy sector. Background on India’s Power Sector Challenges State-run power distributors in India have piled up huge debts over years, hurting the nation’s energy supply chain. These companies often lose money due to…

ITC, a major Indian conglomerate, reported its second quarter results for fiscal year 2026 on October 30, 2025, showing modest growth in revenue and net profit. The company faced mixed demand trends and GST impacts, but steady cigarette sales and FMCG performance helped drive the numbers. Key Financial Highlights ITC posted a standalone revenue of about 19,200 crore rupees for the quarter, up around 5 percent from the same period…

Indian stock markets are gearing up for a positive start on October 29, 2025, fueled by strong global cues and investor optimism. With the Gift Nifty trading higher and Asian indices showing gains, traders are closely watching the Federal Reserve’s rate decision and upcoming big tech earnings for further direction. Global Cues Drive Market Sentiment Markets across Asia opened on a firm note today, reflecting overnight gains in the US.…

India’s market regulator, the Securities and Exchange Board of India, has proposed major changes to mutual fund rules that aim to cut costs for investors and boost transparency. This move, announced on October 29, 2025, caused shares of top asset management companies like HDFC AMC and Nippon Life India to drop up to 10 percent in early trading, shaking the capital markets. Key Proposals from SEBI The proposals focus on…