The Times of India - Business (45 minutes ago)
A bold gamble on high-bandwidth memory (HBM) chips has propelled SK Hynix to the forefront of the AI revolution, briefly making it South Korea's most valuable company. This strategic pivot, once met with skepticism, proved crucial as demand for AI servers surged, allowing SK Hynix to outpace rivals like Samsung Electronics and reshape the global...
ReadThe Hindu - Business (45 minutes ago)
The rating agency assigned a stable outlook on APSEZ, reflecting the expectation that the company will sustain strong operating performance over the next 12-24 months and keep its net debt-to-EBITDA ratio at around 2.6 times despite elevated capital spending
ReadThe Times of India - Business (An hour ago)
The government has launched a new risk-based approach to simplify quality control compliance for industries. This allows eligible manufacturers to use a streamlined certification process, easing concerns over Bureau of Indian Standards (BIS) certification hurdles. The move aims to boost domestic manufacturing, encourage innovation, and strengthen...
ReadThe Times of India - Business (2 hours ago)
The Indian rupee saw a modest gain of 10 paise, closing at 94.45 against the US dollar on Thursday. This appreciation was fueled by falling global crude oil prices and a stronger domestic stock market. However, foreign fund outflows prevented a more significant rise. The currency is expected to trade within a narrow range, influenced by global...
ReadThe Times of India - Business (3 hours ago)
Indian markets saw a mixed trading session on Thursday, with AI chipmakers like Micron Technology leading gains, while Apple faced pressure due to product price hikes. Easing Treasury yields and moderating oil prices offered some support. Asian markets largely advanced, with South Korea's Kospi and Japan's Nikkei 225 showing significant rallies,...
ReadThe Times of India - Business (5 hours ago)
US inflation surged past 4% in May, primarily due to escalating energy costs linked to Middle East tensions. Despite rising living expenses, consumer spending showed resilience, buoyed by tax refunds and stock market gains. While economists anticipate persistent inflationary pressures, the Federal Reserve is considering interest rate hikes later...
ReadThe Times of India - Business (6 hours ago)
Middle Eastern fuel oil exports are poised for a significant rebound in June, reaching a four-month peak. This surge is attributed to Iraq and Saudi Arabia rerouting supplies via alternative ports, coupled with a gradual resumption of shipments through the Strait of Hormuz following a US-Iran interim peace agreement.
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