Business

Top stocks to buy (AI image) JP Morgan has an overweight rating on Bajaj Finance with the target price at Rs 1,080. Analysts attended the management meet and came out with three important takeaways. For one, the company’s growth momentum on the ground remains strong despite macro concerns on higher global oil prices and supply…

Federal Reserve Chairman Kevin Warsh’s strong focus on inflation during last week’s press conference, without offering additional guidance on what conditions could trigger a rate increase, led investors to increasingly expect a future rate hike and pushed bond yields higher. Many major global brokerage firms now expect the Federal Reserve to keep interest rates unchanged…

NEW DELHI: Amid the West Asia conflict, goods exports rose nearly 15% during the first two-and-a-half months of the current financial year, sustaining the momentum seen during April.“Even now, if we see April, May and 14 days of June. I have data until June 14, it (exports growth) is 15%,” commerce and industry minister Piyush…

NEW DELHI: The much-hyped weight-loss and semaglutide therapy market has hit an early speed bump. Sluggish sales of semaglutide therapies in May have raised fears of inventory-led losses, with industry estimates pegging the value of excess stock in the trade channel at around Rs 100 crore, sources told TOI.At present, stockists and wholesalers are holding…

BENGALURU: As enterprises race to deploy GenAI, a new challenge is emerging for IT firms: token maxxing. Tokens-the units consumed whenever large language models process information-have become the fundamental currency of AI. But after an initial wave of experimentation, IT services companies are increasingly warning that relentless token consumption without measurable business outcomes could become…

India’s digital connectivity industry is expected to remain a major growth engine, but companies operating in the sector will have to navigate intensifying competition, evolving regulations, cybersecurity threats and rapid technological change, India’s digital connectivity industry is expected to remain a major growth engine, but companies operating in the sector will have to navigate intensifying…

Glasgow: Brexit supporters celebrate at George Square in Glasgow, England, as Britain left the European Union on Friday, Jan. 31, 2020. Britain officially leaves the European Union on Friday after a debilitating political period that has bitterly divided the nation since the 2016 Brexit referendum. (AP/PTI) Ten years after Britain voted to leave the European…

India and the US are set to hold ministerial-level negotiations this week to push forward the first phase of their proposed bilateral trade agreement (BTA), with US Trade Representative Jamieson Greer arriving in New Delhi for two days of talks with Commerce and Industry Minister Piyush Goyal.“For the US trade deal talks, tomorrow my counterpart…

Analysts said the outcome of the talks could influence global risk sentiment and energy markets, with a direct bearing on bullion prices. Gold and silver prices are expected to remain driven by developments in US-Iran negotiations, movements in crude oil prices and a packed global macroeconomic calendar in the coming week, analysts told news agency…

India imported an average 2.66 million barrels per day (bpd) of crude oil from Russia in June through June 19, up from 1.91 million bpd in May. India increased crude oil purchases from Russia and maintained near-record imports from the UAE in June as refiners moved to secure supplies while waiting for a full recovery…