News that keep you updated
Asian stocks fell sharply on Thursday, tracking losses on Wall Street, as concerns mounted over the technology sector and the heavy spending on artificial intelligence cautioned investors.Hong Kong’s HSI was trading below 111 points or 0.44% at 25,357 at 10:38 AM IST. Nikkei also trimmed over 422 points to reach 49,089. Kospi also lost 1.39%…
MCX Gold has the potential to move toward the 137,000 level in the coming sessions. (AI image) Gold and silver price prediction today: Gold prices are reaching new highs and continue to trade with a bullish bias. Silver is also sending strong positive signals, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients…
Rupee on Thursday opened 6 paise up to 90.32 against the US dollar in early trade, continuing its tentative recovery after hitting historic lows earlier this week. The uptick comes a day after the currency staged a sharp rebound on Wednesday, when it snapped a five-day losing streak to recover from the losses, rising 55…
NEW DELHI: The United States on Wednesday said India was not excluded from its newly launched Pax Silica technology initiative due to political or trade tensions, asserting that New Delhi remains a “highly strategic potential partner” in supply chain security efforts.Under Secretary of State for Economic Affairs Jacob Helberg dismissed speculation linking India’s absence from…
According to market experts, the overall sentiment continues to be weak. (AI image) Stock market today: Indian equity benchmark indices, Nifty50 and BSE Sensex, opened in red in trade on Thursday. While Nifty50 was below 25,800, BSE Sensex was down around 150 points. At 9:16 AM, Nifty50 was trading at 25,784.80, down 34 points or…
New Delhi: Amid increasing delays, the select committee of Parliament examining the bill to amend the Insolvency & Bankruptcy Code has recommended that The National Company Law Appellate Tribunal (NCLAT) should dispose of appeals within three months of their receipt.“…IBC presently does not prescribe any statutory timelines for the disposal of appeals by NCLAT. This…
Top stocks to buy (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, the top buy calls for today are: ZF Commercial Vehicle Control Systems India, Glenmark Pharmaceuticals, and BPCL. Here’s his view on Nifty, Bank Nifty and the top stock picks for…
Bengaluru: TCS CEO K Krithivasan has said annualised revenue from AI services reached $1.5 billion, growing 16.3% quarter-on-quarter. Over 85% of clients with revenues above $20 million leverage TCS for AI work.“A massive internal transformation is underway, and we are encouraging all our associates to adopt an AI-first culture. Every time we take on a…
Bengaluru: Meesho’s shares closed at Rs 216.3 on Wednesday on the NSE, hitting the 20% upper circuit and nearly doubling their IPO price within days of debut. The e-commerce company’s stock has gained about 95% since it got listed on Dec 10 at Rs 111 per share. The surge, which has pushed the company’s market…
New Delhi: The International Monetary Fund (IMF) is likely to raise India’s GDP growth forecast for the current fiscal year closer to 7%, former IMF deputy managing director Gita Gopinath said on Wednesday.“This Oct, IMF revised up India’s growth for 2025 to 6.6%. But that came in before the second quarter growth numbers came out….
