[ad_1] BENGALURU: Enterprise AI solutions company Fractal Analytics has filed draft papers with Sebi for an IPO of up to Rs 4,900 crore. The offer comprises a fresh issue of shares worth Rs 1,279 crore and an offer-for-sale of Rs 3,621 crore. Founded in 2000 by Srikanth Velamakanni and Pranay Agrawal, Fractal provides AI-driven decision-making…
[ad_1] NEW DELHI: While estimating that nearly 70% of India’s exports are exposed to Trump’s 50% tariffs, think tank Icrier has suggested govt support for hard-hit sectors, such as textiles and gems and jewellery, along with sharp duty cuts in non-sensitive farm goods and addressing US demands on genetically modified products.The recommendations on farm goods…
[ad_1] The US government’s gross national debt has crossed $37 trillion, setting a new record that underscores the growing strain on the country’s finances and adding to the cost pressures facing taxpayers, according to the latest Treasury Department report issued Tuesday.The milestone has arrived years earlier than pre-pandemic forecasts. In January 2020, the Congressional Budget…
[ad_1] The Reserve Bank of India (RBI) has allowed individuals to invest in Treasury bills (T-bills) through the systematic investment plan (SIP) route on its retail direct platform, aiming to boost retail participation in the bond market.An ET analysis shows that while bank fixed deposits (FDs) offer at least 68 basis points (bps) higher returns…
[ad_1] The rupee appreciated 16 paise to end at 87.47 against the US dollar on Wednesday, buoyed by a weak greenback and positive sentiment in domestic equity markets. Traders said easing crude oil prices and cooling inflation further supported the local currency, although uncertainties over trade tariffs and persistent foreign fund outflows capped sharper gains.At…
[ad_1] US stocks climbed on Wednesday, lifted by a global equity rally and growing expectations that the Federal Reserve will cut interest rates in September. The S&P 500 rose 0.4% to a new all-time high, the Dow Jones Industrial Average gained 259 points or 0.6%, and the Nasdaq Composite added 0.5% to extend its own…
[ad_1] Chinese internet giant Tencent on Wednesday posted its third straight quarter of double-digit revenue growth, beating market forecasts, as it accelerated the rollout of artificial intelligence (AI) features across its gaming portfolio and flagship WeChat app.Shenzhen-based Tencent, which operates the multi-functional WeChat platform and is a major global gaming player, also has significant operations…
[ad_1] Stock market update for August 15 (AI image) Stock market holiday on Independence Day: Stock markets will be closed on Friday, August 15, 2025 in observance of the Independence Day. This marks one of the 14 official trading holidays in the equity, equity derivative, and SLB segments, as per the Bombay Stock Exchange (BSE)…
[ad_1] The Reserve Bank of India (RBI) is likely to maintain current interest rates during its October policy review, according to an SBI report, as inflation in August 2025 is projected to rise above 2 per cent. The analysis, quoted in an ANI report, anticipates inflation could reach around 2.3 per cent, complicating any potential…
[ad_1] India, which leads global urea imports, is expected to receive approximately 300,000 tons. (AI image) Big sign of easing tensions! China has relaxed restrictions on urea exports to India, signalling an improvement in diplomatic relations between the two Asian countries, particularly as both face trade challenges from US President Donald Trump’s administration.India, which leads…