Gold vs Nifty 50: Yellow metal emerges as best performing asset in FY25, but Indian equities outperform in long-term

Gold price increase has been supported by central bank acquisitions in recent years. (AI image) Gold, traditionally a safe have investment, was the best-performing asset class in financial year 2024-25, according to the latest edition of NSE’s ‘Market Pulse’ report. Gold recorded a 41% gain in USD terms and 33% in rupee terms, reaching unprecedented…

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Celebi shares crash 10% after India revokes security clearance for Turkey’s Celebi Airport Services ‘in interest of national security’

The company’s shares dropped by 222 points (10%) to TRY 2,002 on May 16, continuing a substantial downward trend. (AI image) Celebi share price crash after India ban: Celebi Hava Servisi AS shares plunged in trade on Thursday with a significant 10% decline on the Istanbul Stock Exchange following the Indian authorities’ withdrawal of security…

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India’s defence stocks surge post India-Pakistan ceasefire, China’s defence stocks nosedive

Investors are actively buying into Indian defence stocks following India’s Operation Sindoor. (AI image) India-Pakistan tensions: Defence stocks in India and China tell an interesting tale after the India-Pakistan ceasefire. Post the Pahalgam terror attack, India launched Operation Sindoor to target terrorist camps in Pakistan and Pakistan occupied Kashmir. The neighbouring country’s resulting drone attacks…

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Donald Trump’s dream to have Apple ‘Make in US’ may raise iPhone price to $3,000: Experts

A potential relocation of Apple’s manufacturing operations from India to the US would result in increased labour expenses. (AI image) US President Donald Trump’s dream to have Apple manufacture iPhones in America may end up pushing the smartphone’s price to thrice its current level! Market analysts indicate that manufacturing iPhones in the United States rather…

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Infosys staff gets bonus letters; most employees get just 50% payout, some receive 70%

Infosys reported an 11.7% year-on-year reduction in net profit to Rs 7,033 crore in the previous month. Infosys has distributed performance bonus letters to qualifying staff for the January-March (Q4FY2024-25) quarter on Thursday. A substantial portion of the workforce noted that the payout was considerably reduced compared to the previous quarter.Earlier this week, reports suggested…

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Goods exports up 9%, trade deficit widens | India News

NEW DELHI: India’s goods exports rose 9.1%, the fastest pace in six months, to $38.5 billion in April, while the trade deficit widened to $26.4 billion, the highest since last Nov. Latest data released by the commerce department pegged imports at $64.9 billion in April, which was 19% higher than the corresponding period last year.“We…

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Women hold 17% C-suite roles, 1 in 3 junior positions: Survey

NEW DELHI: India’s C-suite gender gap is stark, highlighting a significant disparity in leadership roles, with women holding just 17% of C-suite roles and 20% of board positions at India Inc.What’s more concerning is the low recruitment of women into entry-level private sector jobs, said McKinsey’s ‘Women in the Workplace’ report focused on India.Though women…

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