The rupee bounced back on Friday morning, gaining 9 paise to trade at 91.90 against the US dollar. This recovery was helped by falling global oil prices but was limited by a strong dollar and foreign investors pulling money out of Indian stock markets.The currency started trading at 91.89 and briefly touched 91.87 before settling…
Asian markets are mostly down on Friday as concerns about AI investments grow. Tech stocks took a hit, while gold and silver prices dropped from their record highs. Oil prices also fell as tensions between the US and Iran showed signs of easing. The market’s ups and downs this week were influenced by various factors,…
Bengaluru: One size doesn’t fit all in the return-to-office push. Work-from-home, once the defining perk of the pandemic era, is quietly being phased out across India’s IT sector as companies tighten hybrid work norms and make in-office presence the new default.TCS has mandated five days of office attendance and linking compliance to variable pay and…
Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, the top stock picks for January 30, 2026 are State Bank of India (SBI), and Jayaswal Neco Industries. Here’s its view on Nifty and Bank Nifty:Index View: NIFTYIndian benchmark indices witnessed a rebound during current week, with the Nifty extending its…
Bhubaneswar: Praising India and the European Union (EU) for signing the trade agreement, World Bank Group president Ajay Banga Thursday said emerging markets like India are extremely crucial to world trade. “I think all trade deals are important. In the last 20 years, global trade quadrupled, but the share of the emerging markets also doubled…
Mumbai: The rupee ended Thursday at 91.96 to the dollar, down 18 paise from its previous close of 91.78, after slipping to a record low near the 92 level before recovering marginally on dollar sales by public sector banks on behalf of RBI. The dollar index edged up about 0.12% to around 96.27, adding to…
London: Brent oil futures prices jumped on Thursday, hitting a near six-month high on rising concerns about a possible US military attack on Iran, Opec’s fourth-largest producer with output of 3.2 million barrels per day.“The immediate concern … is the collateral damage done if Iran takes a swing at its neighbours or possibly even more…
Govt may consider reducing its stakes in PSUs from the currently mandatory 51% to 26% and yet keep effective control of management of the company, says the Survey. This could be done through an amendment to the Companies Act, which stipulates that to mark a company as a ‘govt company’, govt must have a 51%…
US stocks were largely directionless on Thursday, trading close to record highs as investors sifted through mixed earnings from some of Wall Street’s most influential companies, while gold surged further in an extraordinary safe-haven rally.The S&P 500 edged up by less than 0.1% and hovered near its all-time high set earlier this week. The Dow…
The Economic Survey has cautioned that India’s entry into the artificial intelligence era comes with “looming uncertainties” and structural asymmetries that could reshape labour markets and pose fundamental questions for the future of the Indian IT sector, even as the country seeks to harness AI-driven productivity gains.The Survey flagged the growing concentration of market power…