This is Apple’s first such evaluation of having specific chips assembled and packaged within India. (AI image) Apple iPhone chips may soon be assembled in India with the tech giant in early discussions with Indian chip manufacturers regarding the assembly and packaging of components for the iPhone. This development could represent a significant advancement for…
The proposed $100,000 fee for fresh H-1B workers by Trump could severely impact IT outsourcing and staffing sectors. (AI image) US President Donald Trump’s crackdown on immigration and H-1B visas will hit Indian IT firms, particularly Tata Consultancy Services (TCS) and Infosys, analysis suggests. According to a Bloomberg News study, the impact would be particularly…
Asian shares traded mixed on Wednesday, with strong buying in technology stocks supporting some benchmarks, while oil prices surged more than 1% after US President Donald Trump ordered a blockade of all “sanctioned oil tankers” entering and leaving Venezuela.Trump’s move followed last week’s seizure of an oil tanker off Venezuela’s coast by US forces, an…
Market experts anticipate sideways trading in Indian markets due to the lack of significant short-term catalysts. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Wednesday. While Nifty50 was above 25,850, BSE Sensex was near 84,700. At 9:16 AM, Nifty50 was trading at 25,864.25, up…
Capital outflow due to FII activity has been driven by geopolitical uncertainty. Rupee stayed under pressure on Wednesday, opening at a record low of 91.07 against the US dollar, down 0.05% from its previous close, before clawing back part of its losses, likely supported by intervention from the Reserve Bank of India (RBI), Reuters reported.The…
The Trump administration announced Tuesday it was expanding travel restrictions to an additional 20 countries and the Palestinian Authority, doubling the number of nations affected by sweeping limits announced earlier this year on who can travel and emigrate to the US The Trump administration included five more countries as well as people traveling on documents…
Top stocks to buy (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, the top stocks to buy today are CG Power, Marico, and Britannia:CG Power – Reversal from Trendline SupportBuy near: ₹670–₹660 | Stop Loss: ₹634 | Target: ₹730 | Time Frame: 30–60 DaysCG…
New Delhi: Virtually denouncing the World Trade Organisation (WTO), the US has blamed the Geneva-based body for creating global imbalances and said that it cannot be the forum to solve existing and future problems of the trading system.“The US has serious concerns with the trading system embodied by the WTO, given that the system has…
Image made with help of AI The Reserve Bank of India (RBI) has already moved from monthly to 15-day credit reporting from January 1, 2025. Now, it has issued draft rules that push the system further: by July 1, 2026, banks and NBFCs will have to update your credit data with bureaus every week.Here’s what…
The European Union has expanded its sanctions list on entities connected to Russia’s oil trade, with a new round of measures aimed at traders and shipping networks accused of enabling Moscow to continue crude exports despite Western restrictions.The new sanctions name oil traders Murtaza Lakhani and Etibar Eyyub, who, according to EU, were involved in…
