AI Shock: IT valuations fall near levels seen during subprime crisisIndian IT exporters' valuations have plummeted to near 2008-09 subprime crisis levels, trading at 15-18 P/E multiples. This sharp decline, ...
Direct tax mop-up misses FY26 target; Collections rise 5%India's direct tax collections saw a modest rise in FY26. However, the total mop-up missed the revised target by ₹81,000 crore. Both corpor...
RBI Governor Malhotra calls for deeper, more efficient financial markets as India shows resilience amid global headwindsIndian financial markets are showing strength amid global challenges. RBI Governor Sanjay Malhotra highlighted that future growth hinges on...
Govt plans to stick to budgeted capex, exit non-strategic areasIndia plans to keep its capital spending high in FY27 to support economic growth. Officials stated the government will continue its planned...
IT cuts mid-tier, expands AI-smart entry level in new hiring playbookIndia's top IT companies are changing how they hire. They are bringing in more fresh graduates and giving them AI tools. Middle managers ar...
HUL margins hit by input costs despite volume growthHUL's volume growth exceeded expectations, driven by home care and beauty segments. However, rising input costs pressured margins, leading ...
Why Motilal Oswal’s BFSI fund is betting big on capital market ecosystem: Prateek Agarwal of Motilal Oswal AMCPrateek Agarwal of Motilal Oswal AMC highlights a shift in financial sector growth from traditional banking to capital markets like AMCs, b...
Egg Float Test, Explained: The Simple Bowl of Water Trick To Check Freshness And When To Toss ItThe egg float test, a simple kitchen method, indicates an egg's age by measuring its density, which changes as air enters the shell over ti...
Volkswagen group eyeing 5% market share in India before turn of decade: SAVWIPL MD & CEOVolkswagen Group aims for a 5 percent market share in India by 2030. Alternative fuel technologies will be crucial for this growth. The com...
Two Trades for Today: A private insurance major for a 7.85% rise, a large-cap NBFC stock for a gain of almost 6%Our technical analysts identify select stocks that may gain momentum even in volatile markets. Here are the technical calls for today.
GST states quo won't do: Post-GST revenue divide widens across IndiaNew CAG data reveals states are diverging in fiscal health post-GST. Some states are effectively building revenue capacity, while others ar...
India’s tech hiring opens FY27 on a cautious note with fresher roles under most pressure: ReportEntry-level openings, i.e. roles targeting candidates with up to two years of experience, are flat at 15,000 for the second consecutive mon...
Despite rate reset, GST collection rises on strong consumptionIndia's Goods and Services Tax collections ended the fiscal year strongly. March collections surpassed two lakh crore rupees for the third ...
Buoyant global rates to support domestic steel prices amid possible moderation in demand: ICRADomestic steel rates are likely to remain elevated on the back of favourable international price trends despite a possible moderation in de...
Eyeing top 50: Insolvency resolution, cross-border trade, contracts in focusStates might be facing a revenue gap of up to Rs 1.23 lakh crore after withdrawal of GST compensation.
Discom losses to have adverse impact on state government finances: RBIStates have to balance aspirational policy choices against two major operating constraints: generating adequate revenue within the Legislat...
Why wood floatsWood floats on water as per principle of buoyancy defined by Archimedes - that the water displaced equals the weight of the wood. This is t...