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…
BoFA Securities has a buy rating on Varun Beverages with the target price at Rs 550. Analysts said that VBL has acquired Twizza, the no 4 player in South Africa, enhancing production capacity with its three backward integrated facilities. This complements the company’s manufacturing footprint and strengthens VBL’s market position. The deal was done at…
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…
OYO’s parent company PRISM has secured shareholder approval to raise up to Rs 6,650 crore through a fresh issue of equity shares as part of its proposed initial public offering, signalling steady progress towards a public market debut, according to PTI.The approval was granted at an extraordinary general meeting held on December 20, where shareholders…
Indians continued to turn to familiar comfort food in 2025, with biryani retaining its position as the most ordered dish on Swiggy, even as burgers, pizzas and dosas dominated the rest of users’ carts, the food delivery platform said in its annual report, PTI reported.According to the 10th edition of Swiggy’s How India Swiggy’d report,…
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…
US President Donald Trump on Tuesday seized on stronger-than-expected third-quarter growth to claim an “economic golden age,” arguing that tariffs and his tax policies were driving a sharp acceleration in activity even as official data pointed to lingering inflation pressures and a softening labour market.In a post on Truth Social, Trump said the US economy’s…
After nearly four years of underperformance, India’s information technology stocks are entering 2026 with expectations shaped more by realism than hype, as investors assess whether artificial intelligence can finally revive growth after a prolonged slowdown.The Nifty IT index is trading close to a four-year low, a sharp reversal from the pandemic-era boom that once made…
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…
