US stock indices started the week steady and near record highs on Monday, as investors braced for a series of potentially market-moving events, including Big Tech earnings, a key Federal Reserve meeting on interest rates, and further global trade negotiations.The benchmark S&P 500 rose 0.1%, extending a strong run that saw it hit record highs…
TCS layoffs: NITES has written a letter to Union labour minister Mansukh Mandaviya, voicing concerns regarding the mass sackings. (AI image) The news of TCS layoffs has led to Nascent Information Technology Employees Senate (NITES) writing to Labour Minister Mansukh Mandaviya. India’s biggest IT services firm, Tata Consultancy Services (TCS) on Sunday said it would…
The stock market downturn is being attributed to the persistent FII selloff. (AI image) Indian stock markets are at near two month lows – Nifty50 and BSE Sensex have dropped over 2% in the last few trading sessions. Foreign Institutional Investors (FIIs) are on a selling spree!On Monday, Nifty50 and BSE Sensex declined for the…
Gold prices declined by Rs 500 to Rs 98,020 per 10 grams in the national capital on Monday, marking the fourth straight day of losses, as investor demand weakened after a trade deal between the US and the European Union reduced safe-haven interest. The data was released by the All India Sarafa Association.On Saturday, gold…
India’s industrial output growth slipped to a 10-month low of 1.5% in June 2025, dragged down by contractions in mining and electricity production due to the early arrival of the monsoon, according to official data released by the National Statistical Office (NSO) on Monday.In comparison, factory output as measured by the Index of Industrial Production…
(AI-generated image for representation) The Prix Versailles awards has named six airports among the most beautiful in the world for 2025. Yantai Penglai International Airport in China has been declared the world’s most beautiful airport of 2025 by the Prix Versailles awards.The airport’s newly built Terminal 2 was picked as the global winner among the…
Top stocks to buy (AI image) Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, Shyam Metalics and Energy Ltd, and Cipla are the top stock picks for this week. Here’s his view on Nifty, Bank Nifty for the week starting July 28, 2025:Nifty View:The benchmark Nifty index has…
Gold price prediction: Gold prices edged lower last week after briefly touching the ₹1 lakh mark domestically. (AI image) Gold price prediction today: Gold prices are likely to trade sideways as the safe haven appeal of the yellow metal somewhat diminishes with the US sealing trade deals with many countries. Manav Modi, Senior Analyst, Commodity…
TCS is now facing opposition from IT sector employee organisations following their announcement of workforce reduction. (AI image) TCS layoffs are being opposed by IT sector employee unions, with the latter seeking withdrawal of the move. Tata Consultancy Services (TCS), India’s biggest IT services firm, on Sunday announced plans to lay off over 12,000 employees,…
TCS reported a global workforce of 613,069 employees at the close of June 2025. TCS share price today: Tata Consultancy Services (TCS) shares dropped by 1.7% to reach Rs 3,081.20 during intraday trading on BSE on Monday, after India’s largest IT services firm announced that it will be laying off over 12,000 employees this year.At…
