Business

As the year draws to a close, signs are emerging that the dominance of Big Tech in driving the US equity bull market may be starting to fade, with major Wall Street firms urging investors to broaden their exposure beyond the so-called Magnificent Seven. As per Bloomberg reports, strategists at Bank of America Corp. and…

India is experiencing a rare economic phase with near-zero inflation and robust growth exceeding 8%. While this ‘Goldilocks’ moment benefits borrowers and large corporations, farmers face significant losses due to falling food prices. Savers might see reduced returns as interest rates decline, highlighting a complex economic landscape where benefits are unevenly distributed. India is in…

CARACAS: Venezuela’s oil exports have plummeted since the US seized an oil tanker off the country’s coast this week and imposed new sanctions on shipping companies doing business with the embattled Latin American country, Al Jazeera reported.Oil tanker movements into and out of Venezuelan waters have almost come to a standstill, Al Jazeera’s sources stated,…

The Nifty experienced a mild correction this week, trading in a downward consolidation pattern and closing negative. The trading range spanned 485 points, from 26,178.70 to 25,693.25.Despite the Federal Reserve’s supportive 0.25% rate reduction and a pause in breadth deterioration, the index encountered resistance near recent peaks. The India VIX dropped by -2.01% to 10.11,…

GST reforms could lower retail inflation by up to 35 basis points in 2025-26, with the impact already visible in recent months, according to a report by SBI Research.The report, cited by news agency ANI, estimated that Consumer Price Index (CPI) or retail inflation declined by around 25 basis points during the September–November 2025 period…

Image used for representative purposes NEW DELHI: The Income Tax Department has issued a public advisory cautioning taxpayers, especially senior citizens, against fraudulent emails, SMS messages, and websites impersonating the Department to steal personal and financial information.In an official awareness message shared by the Income Tax Department, Government of India, on X, taxpayers have been…

India’s IPO street is set to be crowded next weel, with fresh offerings opening for subscription and a long list of companies preparing to ring the opening bell on the stock exchanges. The primary market will see four new public issues with a combined size of about Rs 830 crore opening in the third week…

After the Reserve Bank of India (RBI) reduced the repo rate by 25 basis points last week, several major banks have moved to pass on the benefit to borrowers. Latest addition to the wave is the State Bank of India (SBI), which announced cuts across its lending rate benchmarks, in a move aimed at easing…

Copper markets are witnessing a sharp rally as the red metal edges closer to the $12,000-a-metric-ton level, driven by rising demand from AI-led data infrastructure and growing concerns over supply constraints beyond the United States. So far this year, prices have surged 35%, putting the metal on course for its strongest annual performance since 2009….

In a major push for India’s makhana sector, Union government approved a multi-year development programme with an outlay of Rs 476.03 crore for the six-year period from 2025-26 to 2030-31. The scheme, rolled out on Friday, aims to mordernise and expand the ecosystem. Ministry of agriculture and farmers welfare, said in an official release, that…