Union telecom minister Jyotiraditya Scindia on Tuesday said that investing in India today is a smart economic move for all original equipment manufacturers (OEMs). Speaking at the Bharat Telecom event, he pointed to Apple as an example, highlighting the US tech giant’s decision to manufacture most of the iPhones sold in the US from India.The…
DoorDash said on Tuesday that it had agreed to buy Deliveroo, a British food delivery service, in a roughly $3.9 billion deal, part of its effort to expand overseas. The deal would give DoorDash, the dominant food delivery app in the United States, a larger footprint in Europe and a presence in the Middle East,…
TCS leadership discussed postponing the yearly salary increase during April. (AI image) Tata Consultancy Services (TCS), India’s largest IT services firm, has distributed 100% quarterly variable compensation to 70% of its workforce. The remaining staff received variable payments at reduced levels, based on their business units’ performance outcomes.“We have paid out 100% QVA (Quarterly Variable…
People who question whether the Earth is round — a fact understood by the ancient Greeks and taught to American children in elementary school — might have been political pariahs a decade ago. Now, they’re running local Republican parties in Georgia and Minnesota and seeking public office in Alabama. A prominent far-right activist who has…
RBI gold reserves: Central banks acquire gold as a strategy to diversify their foreign exchange holding. (AI image) The Reserve Bank of India brought home only 1.53 tonnes of gold in the second half of the financial year ending March 2025. According to recent RBI data released on Monday, the central bank got home only…
Moody’s has maintained its growth prediction for India at 6.5% for 2026, following a projected 6.7% growth in 2024. (AI image) Moody’sRatings has reduced India’s GDP growth forecast for 2025 to 6.3% from 6.5%, attributing the revision to heightened global policy uncertainty and trade limitations. The agency has also highlighted that increasing geopolitical friction between…
Gold has support at $3335-3310 while resistance at $3382-3398. (AI image) Gold rate today: Gold prices jumped on Tuesday, driven by heightened safe-haven demand following the U.S. President Donald Trump’s tariff announcements, whilst traders awaited signals from the forthcoming Federal Reserve policy meeting.At 10:05 am, MCX June gold futures were valued at Rs 95,950 per…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Tuesday. While Nifty50 was near 24,450, BSE Sensex was above 80,700. At 9:18 AM, Nifty50 was trading at 24,455.90, down 5 points or 0.021%.BSE Sensex was at 80,788.22, down 9 points or 0.011%.Markets…
Gold price outlook: Market sentiment remains in favor of Gold despite US President Donald Trump having stated an intent to make a deal with China. (AI image) Gold price prediction: Gold is traditionally a safe haven investment and in times of global economic and political turmoil, focus on gold is but natural. Gold prices globally…
Automobile giant Ford hit a huge bump in its first quarter profits, reporting a sharp fall of 65% on Monday. The company also withdrew its forecast for 2025 amid tariff uncertainty as auto sales fell due to the launch of new vehicles.The company posted $471 million in profits for the quarter, a figure that exceeded…
