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Fiscal deficit widens to 9.6% of FY27 target on higher spendingIndia's fiscal deficit surged to 9.6% of the annual target in the first two months of the financial year, a significant jump from last year...
The $1 trillion AI 'arms race' is fueling a hidden supercycle and it's not just chipsDBS Bank says the global AI arms race is driving a multi-year capex supercycle extending beyond semiconductors into energy, networking, inf...
Stainless steel industry seeks end to QCO relief from July 1India's stainless steel makers are urging the government to reinstate strict quality control norms from July 1, warning that a temporary re...
Sri Lanka reduces fuel prices after Middle East ceasefireSri Lanka on Tuesday cut fuel prices by up to six percent, the first such move since the Middle East war triggered a surge in energy prices...
Surprisingly quick oil price retreat eases urgency for European Central Bank to act, sources sayEuropean Central Bank policymakers are less pressured to raise interest rates next month due to a swift drop in oil prices. While a hike is...
'Higher-for-longer' aluminium cycle to lift producer stocksIndian aluminium giants Vedanta Aluminium and Hindalco Industries are poised for significant gains, with analysts predicting around 20% gro...
Carmakers pare discounts as GST cut revives small-car demandCar manufacturers are scaling back discounts on budget-friendly hatchbacks and entry-level models, indicating a robust recovery in mass-mar...
Government lifts curbs on petrol, diesel sales at pumps as global oil prices fallFuel stations can now freely sell petrol and diesel to all customers. The government has removed restrictions on bulk buyers purchasing fue...
Tomato, onion stoke fears of higher food inflationConsumers are encountering rising costs once more as tomato, onion, and potato prices escalate, heightening worries about food inflation. T...
Goldman backs India 30-year bonds as Iran war impact containedGoldman Sachs has recommended buying India's 30-year government bonds, citing easing inflation expectations, lower oil prices and reduced f...
Global Market: South Korean shares end flat as chipmakers cut losses on 'mega project' announcementSouth Korean markets saw a mixed close Monday as chipmakers recovered from initial sharp declines following a massive $576 billion AI and d...
India bonds edge up, supported by steady oil prices, halt to US-Iran strikesIndian government bonds saw an early rise on Monday, buoyed by strong foreign investment and stable oil prices, which helped offset geopoli...
Supply crunch lifts stablecoin premium above 8.5% in IndiaIndia is facing a significant shortage of stablecoins like USDT, causing its price to surge locally. This premium, usually modest, has ball...
ET Graphics: From budget to premium, gadget Prices RiseIndian consumers are facing a significant price hike on smartphones, laptops, and tablets, impacting both budget and premium devices. This ...
India’s GLP-1 boom loses steam as price war, weak retention hit generic weight-loss drug salesInitial excitement for India's generic weight-loss drugs is fading. Domestic manufacturers are lowering sales targets due to slower-than-ex...
US inflation tops 4% for first time in three years, keeping Fed hike in playUS inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve's interest rate hike plans on the table fo...
Government may ask airlines to review additional prices if crude stabilisesAirlines might be asked to reduce surge charges and extra fares if aviation fuel prices remain stable for an extended period. The Civil Avi...
Sterlite Technologies surges 5% on QIP launch, sets Rs 613.69 floor priceSterlite Technologies' stock climbed nearly 5% to Rs 613.35 as it officially launched its Qualified Institutions Placement (QIP) to bolster...
Global Market Today: Asian stocks jump with US futures on Micron outlookAsian markets surged, mirroring US futures, as Micron Technology's stellar sales forecast reignited AI trade confidence. The chipmaker's sh...
Capex boom, global sourcing tailwinds fuel textile stock rallyTextile exporter stocks witnessed a significant rally on Wednesday, boosted by positive initiation of coverage from Motilal Oswal Financial...