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OpenAI & Anthropic battle for Wall Street dominance as losses mountOpenAI's ChatGPT achieved a record 1 billion users in just three years, outpacing major tech applications. However, the AI giant faces moun...
Sensex down over 10K points from Dec peak. Should MF investors buy the dip, hold positions, or wait on sidelines?The BSE Sensex has fallen over 10,000 points from its peak. Market experts suggest this presents a buying opportunity for long-term investo...
Attractive valuations, improving earnings: Why fund managers are now raising their exposure to small-cap stocksMidcap stocks have dominated performance for a decade, but a shift towards small caps is emerging. Flexi-cap funds are increasing small-cap...
Oil Price Prediction: Oil prices climb toward $100 as US stocks end record rallyOil price prediction remains a major topic for investors as oil prices moved closer to $100 per barrel following renewed tensions involving...
India's services growth hits six-month high on domestic demandIndia's service sector experienced its fastest expansion in six months in May, driven by robust demand and new business wins. Manufacturing...
US services activity heats up in May, beating expectations: SurveyUS services sector activity expanded in May, exceeding expectations with the ISM index at 54.5%. While business activity and new orders gre...
RBI's rate-setting panel starts deliberations, policy announcement on FridayThe RBI's Monetary Policy Committee (MPC) began its three-day meeting on Wednesday, with most economists expecting the central bank to keep...
Abu Dhabi imposes rent freeze amid conflict; experts rule out similar move in DubaiAbu Dhabi has frozen property rents for residential, commercial, and industrial spaces. This measure aims to provide relief during the ongo...
Global Market: China's services sector growth hits three-month high in May, demand improvesChina's services sector experienced its fastest growth in three months during May, driven by robust domestic demand and a rebound in overse...
India Inc sails past fourth-quarter estimates, but oil shock clouds outlookIndian companies achieved better-than-expected profits in the March quarter. Domestic activity was strong, supported by tax cuts and easy m...
Manufacturing activity at 3-month high in May despite cost woesIndia's manufacturing sector saw strong growth in May, reaching a three-month high. Demand remained steady, boosted by infrastructure proje...
US manufacturing activity scales four-year high in May, ISM saysAmerican manufacturing saw a significant boost in May, reaching its highest point in four years. Businesses are ordering ahead due to risin...
India's industrial output in April slows on year to 4.9% under new seriesIndia's industrial output for April reached 4.9% under a revised Index of Industrial Production (IIP) series with an updated base year of 2...
Rare earth, gas supply, aircraft parts: What’s inside the new IIP calculus as India revises base yearIndia is updating its Index of Industrial Production. The new series will use 2022-23 as the base year, replacing the old 2011-12 base. Thi...
India manufacturing activity rose in May despite cost pressures, PMI showsIndia's manufacturing sector saw its fastest growth in three months during May, fueled by robust domestic demand and a surge in new orders....
No easy contrarian sectoral bets left? SBI MF’s Dinesh Balachandran explains what investors should do nowDinesh Balachandran, Head–Investments, SBI Funds Management, runs some of SBI Mutual Fund’s (MF) largest schemes, including SBI Contra Fund...
Crypto exchange Coinbase to introduce INR rails in IndiaCoinbase has launched direct rupee deposits and withdrawals in India, a move that gives it a significant advantage over rivals like Binance...
More macro headwinds on the cards? Tackle them with core principles: 6 pharma stocks with upside potential of up to 28%There was a time when the Indian pharma story in the US was almost entirely about inspection risk. The US FDA would inspect a plant, a warn...
Smallcap valuations turn favourable as correction creates fresh opportunities: Bajaj Finserv AMCSmallcap stocks present a favorable entry point following a market correction, driven by improving fundamentals, healthier balance sheets, ...
Wall Street Week Ahead: Jobs report on tap for soaring US stocks as rate path, bond yields eyed as risksIndian markets are watching US economic indicators next week. Investors are concerned about rising inflation and potential interest rate hi...