India’s trade deficit may turn volatile due to Red Sea danger: Nomura
New Delhi, Jan 16 - India's trade deficit may turn volatile in the coming months given the supply-side disruptions in the Red Sea due to the attacks on commercial ships by Houthi rebels in retaliation to Israel’s action in Gaza, according to a
Investors wonder if market euphoria is overdone: Experts
New Delhi, Jan 16 - Head of Research, Geojit Financial Services, Vinod Nair on Tuesday said that the investors are contemplating whether the current euphoria in markets is far-fetched, especially with elevated domestic valuations in mid and small caps.
Hindustan Copper, NALCO shares up after lithium mining pact with Argentina
New Delhi, Jan 16 - Shares of Hindustan Copper and NALCO were up on Tuesday after India’s KABIL and Argentina’s CAMYEN SE signed a landmark agreement for first-ever exploration and mining of Lithium.
Invest in Telangana campaign launched at WEF meet
Hyderabad, Jan 16 - The Telangana government has launched the 'Invest in Telangana' campaign at the World Economic Forum (WEF) meeting at Davos, Switzerland.
Apple snatches top slot in global smartphone market from Samsung in 2023
New Delhi, Jan 16 - Apple became the leader of the global smartphone industry in 2023 for the first time, driven by an all-time high, 20.1 per cent market share for the company, a new report said on Tuesday.
Sensex, Nifty reach new highs
New Delhi, Jan 15 - Founder and CEO SAS Online Shrey Jain on Monday said that the week has begun on a positive note as Sensex achieved a historic milestone -- surpassing 73,000 for the first time -- while Nifty has crossed 22,000
Wholesale price inflation rises to 9-month high in Dec
New Delhi, Jan 15 - India’s inflation rate based on the Wholesale Price Index (WPI) rose to a nine-month high of 0.73 per cent for December 2023 up from 0.26 in November, official data released on Monday showed.
Yes Bank makes biggest market cap gain among banks in Q4 2023
New Delhi, Jan 15 - Yes Bank posted the highest percentage increase in market capitalization among Indian banks in the quarter ended December 31, 2023. Market capitalization for the lender rose 24.4 per cent to Rs 616.94 billion from October to December, helping
In the coming week market will take cues from Q3 results
New Delhi, Jan 14 - In the near term, investors' trade positions will be more inclined towards the upcoming result season; the overall forecast for earnings growth remains optimistic, projecting double-digit figures, says Vinod Nair, Head of Research, Geojit Financial Services.
Crude oil prices rise after US, UK attack Houthis
London, Jan 12 - Crude oil prices were up more than 2.5 per cent on Friday after the US and the UK launched joint strikes on Houthi targets in Yemen, media reports said.
Need for increase in Standard Deduction for salaried taxpayers: Anand Rathi Advisors
New Delhi, Jan 12 - Salaried individuals have not received any additional relief in the form of a standard deduction, as it has remained unchanged for all individuals, regardless of their income levels.
FPI inflows of $ 10.1bn in Dec 2023 are highest ever recorded in a single month
New Delhi, Jan 12 - Inflows of US$ 10.1bn in December 2320 are the highest ever monthly inflows recorded in a single month, a research by Bank of Baroda said.
Markets at new highs in massive rally driven by IT heavyweights
New Delhi, Jan 12 - Indian markets soared to new heights in a powerful rally, driven by IT heavyweights, says Vinod Nair, Head of Research, Geojit Financial Services.
Digital Connexion’s Chennai Data Center goes on stream
Chennai, Jan 12 - Digital Connexion, a three-way joint venture between Brookfield Asset Management (Brookfield), Reliance Industries Limited and Digital Realty on Friday announced the launch of its first data centre campus here.
Disney-owned Pixar to undergo layoffs this year: Report
San Francisco, Jan 12 - Disney-owned animation studio Pixar is set to cut jobs this year, the media reported.
IT stocks index jumps 5% as Infosys, TCS power market gains
New Delhi, Jan 12 - IT stocks are the top gainers on BSE after Infosys and TCS announced their quarterly results.
BlackRock reduces Byju’s valuation to mere $1 billion
New Delhi, Jan 12 - US-based investment firm BlackRock has once again cut the value of its holding in Byju's, reducing the edtech major's valuation to a mere $1 billion from $22 billion in early 2022.
Infosys to acquire semiconductor design company InSemi for Rs 280 crore
Chennai, Jan 11 - Software major Infosys Ltd on Thursday said it will acquire InSemi, a semiconductor design and embedded services provider, for Rs 280 crore.
Polycab shares plunge 20% after reports of tax evasion
New Delhi, Jan 11 - Polycab India shares plunged 20 per cent on Thursday after reports of Income Tax evasion.
Global PC market down again in 2023, unparalleled in industry’s history
New Delhi, Jan 11 - Global PC shipments declined 13.9 per cent in 2023 compared to 2022, experiencing unprecedented consecutive declines and marking a stark departure from historical trends tracked since 1995.