Experts are of the view that the stock market could see a year-end rally. (AI image) The story of Indian stock markets has been defined by the exodus of foreign investors in 2025. But in the last few sessions, foreign investors seem to be back on Dalal Street, with purchases of Indian equities seeing a…
The stock market is expected to hold firm at elevated levels and move within a narrow range, aided by supportive signals from global markets. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Wednesday. While Nifty50 was near 25,150, BSE Sensex was below 85,500. At 9:16…
A US federal judge upheld the Trump administration’s move to move ahead with President Donald Trump’s proposal to impose a $100,000 fee on new H-1B visas, dealing a setback to the American technology companies and business groups challenging the move.US District Judge Beryl Howell, in Washington, DC on Tuesday rejected a lawsuit filed by the…
Gold prices surged to fresh lifetime highs on Tuesday, extending their rally as investors sought the safety of precious metals amid heightened geopolitical uncertainty and growing bets on interest rate cuts by the US Federal Reserve next year. The renewed buying momentum pushed both metals to record levels across domestic and global markets. On the…
Ambuja Cements has moved to consolidate the Adani Group’s cement assets by approving schemes to merge ACC and Orient Cement into itself, creating a single listed platform aimed at sharper operating leverage and cost synergies.The transaction is entirely share-based, with no cash payout. ACC shareholders will receive 328 Ambuja shares of face value Rs 2…
It’s the fourth week of December. It is the last and final chance to look at your financial to-do list for 2025.A pension scheme you picked years ago pops up with a deadline. A tax return you meant to revise “next weekend” is now starting on December 31. And in the background, PAN-Aadhaar compliance still…
US consumer confidence weakened in December, sliding to its lowest level since President Donald Trump rolled out sweeping tariffs earlier this year, as households grew more anxious about high prices, trade levies and job prospects, according to a survey by the Conference Board.The Conference Board said its consumer confidence index fell 3.8 points to 89.1…
RBI deputy governor Poonam Gupta is upbeat on India’s growth prospects, especially due to a series of reforms. In her first interview since taking charge eight months ago, she tells TOI that the recent movement of the rupee is not a concern. Excerpts:What’s your overall assessment on growth and inflation, and are we nearing the…
The Reserve Bank of India on Tuesday announced a fresh liquidity infusion, unveiling plans to purchase government securities worth Rs 2 lakh crore and conduct a $10 billion dollar-rupee swap auction to ease conditions in the banking system.The central bank said the open market operations (OMO) purchases and the USD/INR buy-sell swap auctions will be…
Pakistan government on Tuesday sold its national airline, PIA, for Rs 135 billion to a consortium led by Arif Habib investment firm on Tuesday. The sale, organised through a bidding process in Islamabad, marks the largest transaction in Pakistan’s history. It aims to revive the once-prestigious carrier that had been struggling due to years of…
