This is an AI generated image (credit: Bing image creator) US stocks are witnessing mixed investor sentiments on Tuesday, with the Dow Jones Industrial Average inching up by 66.28 points, or 0.16%, to 40,293.87. In contrast, the Nasdaq Composite slipped 90.44 points, or 0.52%, to 17,275.69, while the S&P 500 fell 18.94 points, or 0.34%,…
Tata Group’s retail arm, Trent Ltd, on Tuesday reported a sharp 56.24% drop in its consolidated net profit for the quarter ended March 31, 2025, despite a healthy jump in revenue. The company posted a net profit of Rs 311.60 crore in Q4 FY25, down from Rs 712.09 crore in the same quarter last year,…
British pharmaceutical giant AstraZeneca announced Tuesday that it has begun moving some of its European production to the United States, ahead of President Donald Trump’s possible tariffs on the sector.“Our company is firmly committed to investing and growing in the US,” chief executive Pascal Soriot said in an earnings statement, which also reported that first-quarter…
Ambuja Cements, part of the Adani Group, posted its highest-ever annual profit after tax (PAT) of Rs 5,158 crore, marking a 9% year-on-year rise. The cement maker also clocked in a record annual revenue of Rs 35,045 crore for the financial year ended March 31, 2025, up 6% from the previous year.Ambuja’s quarterly performance was…
Silver offers a viable alternative for those who missed the recent gold surge. (AI image) Time for silver after the gold price rally? Silver may be ready for a significant price increase to match gold’s performance. The current gold-to-silver ratio of 100, calculated by dividing gold prices by silver, has reached its highest point since…
File photo: Maharashtra CM Devendra Fadnavis (Picture credit: PTI) NEW DELHI: The much-awaited Mumbai-Ahmedabad bullet train project will be ready for operations by 2028, Maharashtra chief minister Devendra Fadnavis announced on Monday, while also revealing that the state aims to raise $50 billion from international investors to accelerate infrastructure development.“By 2028, we will be able…
FPIs invested approximately $4.11 billion in Indian stocks across nine consecutive sessions. (AI image) Foreign investorsmaintained their longest purchasing streak since July 2023 on Monday, driven by optimistic prospects regarding US trade agreements, attractive company valuations, and India’s stability amidst global uncertainties.This trend persisted despite tensions between India and Pakistan.Foreign portfolio investors (FPIs) invested approximately…
Infosys has established partnerships with NIIT and UpGrad for complimentary upskilling programmes available to trainees who departed since February. (AI image) Infosys has dismissed an additional 195 trainees who did not pass their internal assessment examinations. The number of trainees who have not passed the assessment test since February has now exceeded 800.Sources familiar with…
VTP Realty CEO Sachin Bhandari The RBI has reduced the repo rate further, raising hopes that the reduction will get transmitted to banks and other lenders. Will a cut in home loan rates boost demand for homes? VTP Realty CEO Sachin Bhandari believes a reduction in home loan rates will not impact demand too much….
MUMBAI: Regulators and policymakers need to perform a “delicate balancing act” to successfully navigate the dual challenges of promoting green finance while managing heightened credit risks arising out of the transition to green technology that could threaten financial stability, M Rajeshwar Rao, deputy governor of RBI said, while speaking on green finance.“The fact that the…
