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Global Market: AI trade faces biggest test yet as chip stocks tumble across AsiaAsian AI stocks tumbled as rising bond yields, higher financing costs, and concerns over excessive infrastructure spending weakened investo...
Elara initiates coverage on Adani Power, sees up to 17% upside as expansion plans gather paceElara Securities has initiated coverage on Adani Power with an Accumulate rating and a target price of Rs 220, implying 17% upside. The bro...
US bull market nears four-year milestone as AI boom fuels profits, growthThe US bull market is reaching its four-year milestone as AI infrastructure investments drive a 117% S&P 500 rally. However, market concent...
RBI to meet daily dollar needs of 3 state-run oil firms to ease rupee pressureThe Reserve Bank of India has stepped in to support three prominent oil firms: Indian Oil, Bharat Petroleum, and Hindustan Petroleum, as th...
Congress differs on Special Intesive Revision in Keralam, national level: BJP state chiefBJP Keralam president Rajeev Chandrasekhar has criticised the Congress for having differing views on the Special Intensive Revision of elec...
WEF urges leaders to treat cybersecurity as economic investment, not just a costDecision-makers are urged to develop a common vocabulary to address cybersecurity as an economic stabilizer. The World Economic Forum repor...
Statistics ministry proposes common framework to calculate state GDPThe statistics ministry has proposed a common framework for estimating state gross domestic product. This framework uses an expenditure app...
India needs level playing field where every business has fair chance to compete: Rahul GandhiRahul Gandhi underscored the importance of a level playing field for businesses in India while addressing crony capitalism. His remarks fol...
Why are US stocks rallying despite Fed rate shock? Aswath Damodaran explains in the context of AIUS stocks have defied a sharp rise in Treasury yields as AI-led earnings growth offsets pressure from higher interest rates, says valuation...
Electricity subsidy for existing businesses is taxable, Supreme Court rulesThe Supreme Court recently ruled that electricity subsidies granted under the Income Tax Act are subject to taxation as revenue receipts. T...
Aragen Life Sciences begins operations at high-potency platform in HyderabadAragen Life Sciences has initiated operations at its new high-potency manufacturing platform in Hyderabad. The facility, measuring 15,000 s...
Cabinet approves Rs 10,000 crore SME Growth Fund for small and medium enterprisesThe Union Cabinet approved a Rs 10,000 crore SME Growth Fund to support micro, small, and medium enterprises. This fund is part of the gove...
Edtech firm ByteXL raises $9 million in Series B round led by Elevar EquityExisting investors Kalaari Capital and the Michael & Susan Dell Foundation also participated in the round
India to widen services production index to include education, health and defenceThe statistics ministry plans to expand the monthly Index of Services Production to cover education, healthcare, public administration and ...
AI earnings shield US stocks, but bond risks rise: Jefferies' WoodUS equities have largely remained strong, aided by robust earnings growth driven by the AI capital expenditure cycle. Rising bond yields an...
India growth may slow to 5.5-6% in H2FY27 as capex moderates: ReportIndia's economic growth is projected to slow to 5.5-6% in the second half of 2026-27. This slowdown follows a robust growth of 7-7.5% in th...
April-August fiscal gap widens to ₹7.1 lakh crore on higher capex, subsidy outgoThe Centre’s fiscal deficit rose to ₹7.1 lakh crore, or 41.9% of the FY27 target, by August, up from ₹6 lakh crore a year earlier, official...