PhysicsWallah, the edtech giant, is set to make its stock market debut, having submitted updated draft papers to Sebi to raise Rs 3,820 crore through an initial public offering (IPO) aimed at expansion and growth initiatives.The IPO structure includes a fresh issue of shares worth Rs 3,100 crore and an offer for sale of Rs…
South Korea struck a deal with the United States, on Sunday, securing the release of its nationals detained during an immigration raid at a Hyundai plant in Georgia.Presidential chief of staff, Kang Hoon-sik, declared that the two nations had completed negotiations and only administrative formalities were pending. He further added that Seoul would arrange a…
Finance minister Nirmala Sitharaman expressed confidence that higher consumption will generate enough revenue to cover the estimated Rs 48,000 crore shortfall in Goods and Services Tax (GST) collections after the latest rate cuts. Hence, she stressed, public finances will remain unaffected and the move would rather boost GDP growth.She added that the consumption lift from…
Sentiment in the Indian stock market this week will be shaped by global trends, foreign investor activity, and key inflation readings, according to analysts. Markets ended last week on a firm note, with benchmark indices rising over one per cent, supported by strong macroeconomic data and recent policy reforms.“This week will be data-heavy both domestically…
Internet services across parts of Asia and the Middle East faced disruptions after undersea cables in the Red Sea were cut, experts said on Sunday. While concerns were raised over possible sabotage amid ongoing conflict in the region, it was not immediately clear what caused the incident, according to the news agency Associated Press.Microsoft said…
Two-wheeler sales are expected to grow by 5-6 per cent this fiscal, aided by the GST Council’s recent tax rationalisation, according to a report by Crisil Ratings. Passenger vehicles (PVs) are forecast to see a modest 2-3 per cent rise.As per news agency ANI, Crisil said the rate reduction would lift demand in the auto…
The Indian technology services outsourcing sector, valued at $283 billion, derives over 60% of its earnings from US. (AI image) India’s IT sector is worried about the possible imposition of tariffs on software exports to the US by the Donald Trump administration. The IT sector is already experiencing challenges due to worldwide economic uncertainties and…
Elon Musk’s firm in talks with data centres, telcos; groundwork begins for broadband rollout Elon Musk-owned Starlink has begun groundwork to set up terrestrial infrastructure in India, holding advanced talks with data centre operators, internet exchange providers, fibre players and telecom majors, as the satellite broadband firm prepares to launch services in a potentially high-growth…
Top stocks to buy (AI image) Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, the top stock picks for this week are Swiggy, and Goldiam International Ltd. Here’s his view on Nifty, Bank Nifty for the week starting September 8, 2025:Nifty ViewThe benchmark index Nifty experienced notable volatility…
NEW DELHI: Commerce and industry minister Piyush Goyal on Friday said any potential losses from GST rate rationalisation were accounted for and higher consumption would offset such losses.“With such a big reduction in the tax rate, imagine how much the market will increase and due to that increase, the tax will also increase,” he said….
