Asian markets rose on Friday, mirroring a record-breaking session on Wall Street following the Federal Reserve’s recent interest rate cut. Investors appeared optimistic, even as concerns over high tech valuations lingered after earnings disappointments from Oracle and Broadcom.Hong Kong’s HSI added 379 points or 1.48% to 25,909. Nikkei was trading up 429 points or 0.86%,…
Gold’s intraday technical structure points toward a possible pullback from overbought levels. (AI image) Gold price prediction today: Gold prices are showing signs of exhaustion, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. He recommends selling if the gold prices slip below Rs 1,32,300:Gold futures on MCX witnessed a sharp rally…
Lululemon Athletica Inc on Thursday announced a major leadership transition as CEO Calvin McDonald will be stepping down on January 31. This comes as the athletic wear brand struggles with a challenging year for sales. McDonald, who has led the Vancouver-based company since 2018, will continue as a senior adviser until March 31 2026 to…
Tesla’s latest attempt to revive demand in the United States faltered in November, with the company posting its weakest monthly sales in nearly four years, despite rolling out cheaper versions of its most popular electric vehicles. Exclusive figures shared with Cox Automotive, cited by Reuters show that US sales fell to about 39,800 units, a…
Investors await crucial data releases including India’s CPI and figures today. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Friday. While Nifty50 was near the 26,000 mark, BSE Sensex was up over 300 points. At 9:16 AM, Nifty50 was trading at 25,976.75, up 78 points…
Wall Street closed on a split note on Thursday as the Dow Jones Industrial Average and S&P 500 seized spotlight with their new record highs while Nasdaq traded in red. The Dow Jones Industrial Average and the S&P 500 climbed to fresh milestones on Thursday, buoyed by investors still riding the momentum set off by…
Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, the top stock picks for December 12, 2025 are Eternal, and Divi’s Laboratories. Here’s its view on Nifty and Bank Nifty:Index View: NiftyBenchmark indices traded in a range with corrective bias and is currently placed around 25,900 levels as domestic markets…
White House press secretary Karoline Leavitt Americans, you can rejoice as your wallet just got good news, even before the world gets its hands on GTA 6. On Thursday, White House Press Secretary Karoline Leavitt said that Americans can expect an extra amount in their bank accounts in the months ahead, all because of Donald…
BENGALURU: The Delaware Bankruptcy Court in US reversed its earlier $1 billion default damages judgment against Byju Raveendran and ordered a fresh phase of proceedings to determine whether any damages are owed, according to an amended order issued after Raveendran filed a motion seeking correction. The court held that damages were not determined on the…
Microsoft CEO Satya Nadella emphasized cyber resilience as crucial for sovereignty, warning that isolation from global threat intelligence creates vulnerabilities. He highlighted AI’s role in evolving software development and announced significant AI partnerships in India, underscoring a new era of innovation driven by data and multi-model reasoning for enhanced decision-making. BENGALURU: Microsoft CEO Satya Nadella…
Indian mutual fund assets surged past Rs 80 lakh crore in November, fueled by robust equity and hybrid scheme inflows. Despite outflows from debt funds, particularly overnight and liquid categories, investor confidence remains strong. SIP contributions continue to grow, highlighting a commitment to long-term, disciplined investing, now accounting for over a fifth of total assets….
MUMBAI: Institutional investors usually dominate pre-IPO placement, but a host of star individual fund managers crowded ICICI Prudential Asset Management’s (I-Pru MF’s) pre-IPO book. The family offices of two of India’s software sector pioneers – Azim Premji of Wipro and Shiv Nadar of HCL Group – also invested in this round, merchant bankers said. They…
MUMBAI: A day after US Trade Representative Jamieson Greer’s comments on India giving its best offer for a trade deal, commerce & industry minister Piyush Goyal Thursday said Washington should move ahead and sign an agreement. “His happiness is very much welcome. And, I do believe that if they are very happy, they should be…
NEW YORK: After three consecutive interest rate cuts, investors now confront an uncertain US monetary policy outlook for the year ahead, clouded by persistent inflation, data gaps, and an impending leadership change at Federal Reserve.The US Federal Reserve cut interest rates by a quarter-percentage point on Wednesday in an uncommonly divided vote, but signaled it…
MUMBAI: Relentless rally in silver continued in global markets on Thursday that in turn, combined with the rupee’s recent weakness, pushed up domestic prices on the MCX to an all-time high level of over Rs 1.9 lakh/kg. In the international market, in mid-day trades, silver prices touched a new life-peak at $63.25/ounce. In the spot…
Rural India’s economic health is booming, with 80% of households reporting increased consumption and 67.3% of income now dedicated to spending. A significant 42.2% saw income growth, and optimism for the next year is at its highest since September. Capital investment has also surged, driven by strong consumer demand and income gains, not credit issues….
Businesses can now open current and overdraft accounts with more banks as the RBI has raised the loan threshold for restrictions to Rs 10 crore. This move offers greater flexibility, allowing companies to manage payments and collections across a wider banking network. The revised framework, effective April 1, 2026, aims to reduce dependence on single…
NEW DELHI: As it completes three decades of operations in India, Korean electronics giant Samsung has said that the company will shift gears and deepen its manufacturing, design, and innovation initiatives in the country.“The next decade will see more products built in India, designed in India, and innovated for the world,” the company said as…
The Reserve Bank on Thursday injected Rs 50,000 crore liquidity through Open Market Operation (OMO) purchases of government securities.Against the notified amount of Rs 50,000 crore, the total amount offered is Rs 1,11,615 crore, the RBI said in a statement.Earlier this month, the Reserve Bank announced OMO purchases of government securities of Rs 1,00,000 crore…
US applications for unemployment benefits rose sharply last week, although filings remain within the historically low range seen in recent years despite growing concerns over labour-market momentum.The Labor Department said on Thursday that jobless claims for the week ending December 6 increased by 44,000 to 236,000, up from 192,000 in the previous week and exceeding…
