Vodafone Idea shares slump 12%: Supreme Court limit on AGR relief hits company stock; no mention of waiver on penalties or interest

NEW DELHI: Vodafone Idea’s shares tumbled 12.4 per cent to Rs 8.21 on the BSE on Thursday after the Supreme Court issued its written order on the company’s adjusted gross revenue (AGR) dues, curbing the extent of relief investors had anticipated. The clarification dented hopes of a broader reprieve for the debt-laden telecom operator.The written…

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Asian stocks today: Markets mostly tank after Donald Trump–Xi Jinping meet; China’s Shanghai Composite slips 0.3%

Asian markets were mixed on Thursday as investors assessed the outcome of US President Donald Trump’s meeting with Chinese President Xi Jinping, alongside cautious signals from the Federal Reserve and the Bank of Japan’s steady policy stance. Trump described his meeting with Xi as “amazing,” announcing tariff reductions on Chinese goods to 47 per cent…

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US government shutdown fallout: Data blackout poses threat to economic growth- explained by analysts

US government shutdown (AI image) The ongoing US government shutdown has created a significant data vacuum, impacting the release of vital federal economic statistics, from employment figures to national GDP measurements.The information gap is set to widen as authorities postpone releasing third-quarter GDP figures for the largest economy globally. Trump’s Nuclear Nightmare Amid Putin ‘Breakup’:…

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Gold & silver price prediction today: Will gold & silver rates start rallying again? Here’s what investors should know

In the coming week, gold prices are expected to move higher towards the ₹1,25,000 mark. (AI image) Gold and silver price prediction today: Gold and silver prices may start exhibiting some strength in the coming days, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. He shares his views on gold and…

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Cognizant Q3 revenue rises 7.4% to $5.4bn

BANGALURU: Cognizant reported revenue of $5.4 billion for the Sept quarter, marking a 7.4% year-on-year rise and a 3.2% sequential increase in dollar terms. In constant currency, revenue grew 6.5%, including a 2.5% contribution from inorganic growth. Sequential growth stood at 2.8%. Cognizant’s strong quarterly performance lifted its shares 6.6% in early Nasdaq trading following…

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Honda Motor to make India global mfg hub for new EV

TOKYO: Japanese carmaker Honda Motor will make India a global manufacturing hub for its upcoming electric, Honda 0 α (alpha), whose prototype was unveiled at the Japan Mobility Show.The car has been developed for the Indian and Japanese markets, apart from other Asian countries. Its India debut will be in fiscal 2026-27. Honda Motor Co…

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