The Times of India - Business (19 minutes ago)
US stocks continued their record-setting rally, driven by strong earnings and AI optimism, pushing major indices higher. Despite inflation and geopolitical concerns, investor sentiment was buoyed by hopes of a US-Iran ceasefire extension, easing energy market pressures. Technology stocks, particularly Dell, led the gains as markets closed the week...
ReadThe Times of India - Business (19 minutes ago)
Over 40 lakh households have adopted rooftop solar under the PM Surya Ghar Yojana, significantly boosting India's clean energy transition. The scheme, launched in February 2024, is progressing at an unprecedented pace, with Gujarat leading installations. This initiative empowers citizens to become power producers, reducing electricity bills and...
ReadNDTV - Business (51 minutes ago)
Satellite imagery reviewed by Reuters shows China constructing a vast network of launch pads, bunkers and communications facilities near its Hami nuclear silo field, signalling a major push to strengthen its second-strike nuclear capability amid rising tensions with the US.
ReadThe Times of India - Business (3 hours ago)
India's largest airline, IndiGo, reported a consolidated net loss of Rs 2,536.9 crore for the March quarter, a significant shift from a profit of Rs 3,067.5 crore a year ago. The airline's performance was impacted by a sharp rupee depreciation and a challenging operating environment, despite a rise in total income.
ReadThe Times of India - Business (3 hours ago)
Ethanol-blended petrol is made by mixing ethanol with petrol. Ethanol is a biofuel that is derived from a wide variety of food crops and feed stocks like sugarcane and petrol. Under the Ethanol Blended Petrol Programme, the original target for achieving E20 petrol sales.
ReadThe Times of India - Business (3 hours ago)
US stocks continued their record-setting rally, driven by strong earnings and AI optimism, pushing major indices higher. Despite inflation and geopolitical concerns, investor sentiment was buoyed by hopes of a US-Iran ceasefire extension, easing energy market pressures. Technology stocks, particularly Dell, led the gains as markets closed the week...
ReadThe Times of India - Business (4 hours ago)
Indian stock markets experienced a significant downturn on Friday. Investor wealth saw a substantial decline of Rs 5.77 lakh crore. Benchmark indices, Sensex and Nifty50, plunged sharply in the final trading hour. Concerns over a weaker monsoon outlook and geopolitical uncertainty fueled the sell-off. Broad-based selling pressure was observed...
ReadThe Times of India - Business (6 hours ago)
India's foreign exchange reserves dropped by $7.511 billion to $681.384 billion in the week ending May 22, marking a second consecutive weekly decline. This decrease follows a significant fall in the previous week, with the reserves now under pressure due to the Middle East conflict and RBI's currency market interventions.
ReadThe Times of India - Business (10 hours ago)
Mediators are facilitating fresh US-Iran negotiations on a draft memorandum aimed at ending the ongoing conflict. The proposed agreement includes a multi-billion dollar reconstruction package for Iran's economy and a temporary non-aggression arrangement, with nuclear talks deferred to a later phase.
ReadNDTV - Business (12 hours ago)
Despite near-term headwinds from semiconductor and memory price inflation, ICICI Securities believes Aditya Infotech's localisation strategy, AI-led partnerships and expanding manufacturing footprint position it for strong earnings growth over the medium term, leading to a sharp upward revision in earnings estimates.
ReadNDTV - Business (13 hours ago)
HDFC Securitie, in its latest Q4 results review, has shared a mixed outlook on Vinati Organics, Astra Microwave, and Sudarshan Chemicals, with divergent rating actions driven by company-specific growth visibility, execution trends, and valuation comfort.
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