Nifty IT Slides 3.54% Today; Weekly Decline Crosses 8% As IT Heavyweights Crack

The Nifty IT has witnessed a steep correction, emerging as one of the weakest-performing sectoral indices in recent sessions.In the latest trading session, the index fell around 3.54% intraday, while on a weekly basis, it has declined over 8%. Thus, translating into a drop of nea Read More

US Markets Tumble as Dow Jones Down by 821 Points Amid Tariff Uncertainty And Iran Tensions

Washington: US stock markets declined sharply as tariff-related uncertainty and rising geopolitical tensions between the United States and Iran made investors cautious, leading to increased selling pressure across major indices.The Dow Jones Industrial Average on Monday fell by 8 Read More

US Stocks Plummet As Trump’s 15% Tariff Rocks Markets, Dow Drops 666 Points

New York: U.S. stocks are falling Monday after President Donald Trump took little time to ramp up his newest tariffs, but Wall Street is remaining much more calm than it did last year when his trade wars created chaos for financial markets.The S&P 500 fell 0.8% after Trump said o Read More

Tata Sons Likely To Extend N Chandrasekaran’s Term Extension

During the board of meet of India’s top business empire, Tata Sons Chairman N Chandrasekaran, 64, is likely to backed for yet another 5-year term, marking his chairmanship extension till 2032.After the ouster of Cyrus Mistry in 2017, Chandrasekaran took over the reins, enhancing Read More

Brewery Major Carlsberg Eyes $700 Million IPO Listing For India Arm

Brewery major Carlsberg Group has initiated preparation for a potential listing of its India arm, which is likely to raise $700 million.The Denmark-headquartered company has picked Kotak Mahindra Capital Co. and the local units of JPMorgan Chase & Co. and Citigroup Inc as adviser Read More

Airtel to Infuse ₹20,000 Crore Into NBFC Arm to Build Digital Lending Platform

Bharti Airtel announced a major expansion of its financial services business, unveiling plans to capitalise its Non-Banking Financial Company (NBFC) arm, Airtel Money Limited, with ₹20,000 crore over the next few years. The move comes days after Airtel Money received its NBFC lic Read More

US To Make Tariff Decision On Solar Panels From India, Indonesia and Laos

The US Commerce Department on Monday will reveal a preliminary decision on whether to impose anti-subsidy duties on solar cells and panels imported from India, Laos and Indonesia.The announcement is the first of two expected by the agency in the coming weeks in a trade case broug Read More

Amit Shah Explains Bharat Taxi’s ₹500 Investment and 80% Profit-Sharing Cooperative Model

Union Home and Cooperation Minister Amit Shah on Monday outlined how Bharat Taxi, India’s cooperative ride-hailing platform, aims to turn drivers into stakeholders by allowing them to invest a small amount and share in the platform’s long-term profits.Speaking at an interaction w Read More

‘We’re Figuring Out Where Money Has Gone’, Says IDFC First Bank After Rs 590 Cr Employee Fraud

After the IDFC First Bank detected an ’employee’ fraud involving accounts linked to the Haryana government, the lender’s top management noted that they’re tracking where the money has gone.”We’re figuring out where the money has gone, and to the extent that money is lying the acc Read More

Gold Price Not Crossed “Certain Limits”, Govt Closely Monitoring: Finance Minister Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman on Monday said that the government is closely monitoring gold prices, noting that the yellow metal traditionally sees seasonal spikes during festival periods but has not crossed “certain limits.”Addressing a press conference, post its cus Read More