Business

HYDERABAD: Prime Minister on Thursday virtually inaugurated Hyderabad-based spacetech startup Skyroot Aerospace’s Infinity campus on the outskirts of Hyderabad and also unveiled Skyroot’s first commercial orbital rocket, Vikram-I, that will ferry satellites to into low Earth orbit (LEO).The state-of-the-art facility is spread over 2 lakh sq ft for designing, developing, integrating and testing multiple launch…

Top stocks to buy (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, the top buy calls for today are: Samvardhana Motherson International, Adani Ports and Special Economic Zone, and Max Financial Services Ltd. Here’s his view on Nifty, Bank Nifty and the…

Asian stocks rose for a second straight session on Thursday, extending this week’s global rally as investors grow increasingly confident that the US Federal Reserve will deliver a third consecutive interest rate cut next month.The renewed optimism has pushed concerns over stretched valuations into the background for now, allowing risk appetite to strengthen across global…

Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, rallied in trade on Thursday with the broader index hitting a lifetime high. While Nifty50 was above 26,250, BSE Sensex was up over 250 points. Nifty50 crossed its lifetime high of 26,277 hit last year in September to…

Kotak Institutional Equities has a reduce rating on Kaynes Technology with the target price at Rs 6,180. Analysts said the company’s management was confident of achieving its revenue guidance of Rs 4,500 crore despite a weak Apr-Sept half year (H1FY26) on the back of a strong order book. The company also believes that ongoing working…

File photo (Picture credit: ANI) Union minister Ashwini Vaishnaw announced on Wednesday that the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved two key railway multitracking projects worth around Rs 2,781 crore. The decision will add nearly 224 kilometres to the existing Indian Railways network across four districts in Maharashtra…

For a country that once launched a revolution over the price of tea, America gets remarkably sentimental about the cost of turkey. Every November, economists, politicians and supermarket executives gather around a metaphorical table to debate the national poultry index, as if the fate of the republic depends on whether a 16-pound bird costs twenty…

MUMBAI: A strong closing in the US market on Tuesday night, slide in crude oil prices and expectations of a rate cut in the US and in India combined to lift investor sentiment on Dalal Street that in turn led to a 1,022-point rally in sensex, which closed at 85,610 points on Wednesday.At close, the…

China’s control over rare earth elements did not happen overnight. It is the result of decades of investment across every stage of the chain — from mining and reserves to processing and technology — giving Beijing significant influence in its trade dispute with Washington. These 17 minerals are essential for defence equipment such as fighter…

Michael Burry, the investor famed for betting against the US housing market in “The Big Short,” is now shorting Nvidia and Palantir-two flagbearers of the AI rally. In a blistering Substack post, Burry dismissed Nvidia’s internal memo rebutting his concerns as “disingenuous on the face, and disappointing.”He accused the world’s most valuable company of deflecting…