Market experts anticipate sideways movement whilst following international developments, particularly US trade negotiations with India and China. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Wednesday. While Nifty50 went above 24,700, BSE Sensex was up over 200 points. At 9:22 AM, Nifty50 was trading at…
China on Wednesday sharply rebuked the United States over its latest warnings against the use of Chinese-made artificial intelligence chips, calling Washington’s moves “unilateral bullying and protectionism” that threaten global tech supply chains.The condemnation came after the US government issued fresh guidelines cautioning firms that using Chinese high-tech semiconductors, particularly Huawei’s Ascend AI chips, could…
Nomura has a buy on Infosyswith the target price at Rs 1,720. Analysts said that at the meeting with the company’s CFO, it was clear that the IT major’s focus on cash flow generation will continue and it would be disciplined while going for mergers & acquisitions.The stock remains Nomura’s top pick.CLSA has an underperform…
NEW DELHI: Delays in regulatory clearances can lead to uncertainty and disrupt commercial timelines, finance minister Nirmala Sitharaman said on Tuesday as India negotiates trade deals with various countries, including the US.According to Sitharaman, also the corporate affairs minister, it is imperative that regulatory frameworks, while maintaining rigorous oversight, also facilitate swift and seamless approvals…
Several banks have recently reduced their fixed deposit interest rates, with numerous banks introducing specialised 444-day FD schemes featuring competitive rates. These time-limited offerings seek to draw depositors looking for enhanced returns in a fluctuating interest rate climate. Below is a comprehensive analysis of schemes from four major banks, as quoted by Economic Times.SBI’s “Amrit…
The Wall Street opened on Tuesday at a slight low as the recent rally momentum slowed. The S&P 500 declined 0.3% in early trading Tuesday, while the Dow Jones Industrial Average decreased by 22 points and the Nasdaq composite fell 0.4%. Treasury yields and the US dollar remained stable. Home Depot reported positive revenue exceeding…
NEW DELHI: Hindalco Industries, the metals flagship of the Aditya Birla Group, reported a 66 per cent year-on-year surge in consolidated net profit to Rs 5,284 crore for the quarter ended March 2025, up from Rs 3,174 crore a year ago. The robust performance was driven by strong Indian operations, aided by favourable macroeconomic conditions…
NEW DELHI: The Competition Commission of India (CCI) on Tuesday approved Bajaj Group’s plan to acquire a 26% stake each in Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance from its partner Allianz SE, valued at Rs 24,180 crore.“The proposed combination involves acquisition of 26 per cent paid-up equity share capital of Bajaj Allianz…
NEW DELHI: Elon Musk on Tuesday reaffirmed his commitment to lead Tesla for at least the next five years, addressing investor concerns and political backlash during a video appearance at the Qatar Economic Forum hosted by Bloomberg. His remarks followed a recent trip to Doha as part of US President Donald Trump’s Middle East delegation.When…
NEW DELHI: Reliance Industries Ltd (RIL) and its foreign partners have moved the Supreme Court against the Delhi High Court‘s February ruling quashing an arbitral award in their favour in the dispute with the Centre’s $1.7 billion claim over alleged siphoning of gas from a Krishan=Godavari field off the Andhra coast.RIL filed the lead petition…
