The equity markets are set for a closely watched trading session on Friday, with the Sensex and Nifty expected to react to global cues and comments from US Federal Reserve Chair Kevin Warsh at the Jackson Hole symposium. GIFT Nifty signalled a positive start, trading 65.5 points, or 0.27%, higher at 24,263.50, pointing to gains … Read more
Sudden movement in closing period triggers outcry online. MUMBAI: In the first monthly expiry of derivatives contracts on BSE after the introduction of Closing Auction Session, popularly known as CAS, sensex and Bankex, BSE’s banking index, witnessed wild swings, triggering social media outcry. The sharp movement in indices and some of their constituents also gave … Read more
The estimated cost of the Ahmedabad-Mumbai bullet train project has been raised. India’s first bullet train project has seen its cost escalate to nearly double of the original estimate in a span of nine years. Prime Minister Narendra Modi laid the foundation stone for the first high-speed rail project of Indian Railways in September 2017, … Read more
Can GCCs absorb talent across levels that are not finding jobs in traditional IT sector firms? The Indian IT sector is undergoing a tectonic shift with artificial intelligence rendering many traditional roles redundant and requiring an unprecedented skill upgradation to stay employable. Even as the traditional IT firms continue to hire and fire, one branch … Read more
The average annual pay at the top 10 B-schools stood at 27.4 lakh. If you thought that your good old MBA (Master of Business Administration) degree was losing relevance, think again! According to Deloitte India’s Campus Workforce Trends 2026 report, MBA degrees continue to command a premium over engineering positions.In fact, an MBA is emerging … Read more
Since the tax payable through an updated return could be higher, an assessee may potentially save Rs 30-40 lakh. Income tax alert! If you have foreign assets then you need to be mindful of the negative impact on your tax outgo that the recent decline in rupee’s value versus the US dollar could have had.The … Read more
The breakout level of 156,000 level from the formation and last week’s key support, remains the crucial floor to watch. Gold and silver price prediction today: Gold prices are showing encouraging signs and the near-term trend remains bullish, while the base trend for silver also remains positive, says Abhilash Koikkara, Head – Forex & Commodities, … Read more
Brent crude fell 0.5% to $87.43 a barrel Oil prices extended their decline on Thursday as hopes of renewed Middle East diplomacy raised expectations that the Strait of Hormuz could reopen, easing concerns over prolonged supply disruptions.Brent crude fell 0.5 per cent to $87.43 a barrel, heading for a fourth straight session of losses, while … Read more
Indian shares were set for a stronger session on Thursday as softer oil prices and gains in global technology stocks lifted investor sentiment. The Sensex opened 103.82 points higher at 77,576.76, while the Nifty began trading at 24,277.60, a gain of 69.85 points. Brent crude extended losses amid hopes that diplomatic efforts involving Iran could … Read more
JSW MG Motor India has launched Hector Tomahawk as an EV and plug-in hybrid electric vehicle. MUMBAI: JSW Group and China’s SAIC are discussing additional capital for MG Motor India to eventually scale the company’s Halol plant capacity to 1 million vehicles annually from the current 2,20,000. The JV, owned 35% by JSW and 49% … Read more