India recorded a surge in remittances and services exports in the first quarter of the current fiscal, helping narrow the current account deficit (CAD), according to a report by Crisil.The report stated that remittances climbed to $33.2 billion in Q1 of FY26, compared with $28.6 billion a year earlier. Services exports also grew to $97.4…
Broader bullish trend can take gold prices to witness new highs in coming weeks. (AI image) Gold price prediction today: Gold is expected to trade in a sideways range with a bullish bias, while silver is likely to continue its bull run, says Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and Stock…
India’s current account deficit (CAD) could almost double in the ongoing financial year to 1.2 per cent of gross domestic product (GDP), compared with 0.6 per cent in FY25, amid rising trade and geopolitical tensions, according to a report by Union Bank of India.As per news agency ANI, the report pointed out that India’s merchandise…
The upcoming GST Council meeting could influence market sentiment. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Wednesday. While Nifty50 was near 24,600, BSE Sensex was up over 50 points. At 9:16 AM, Nifty50 was trading at 24,592.05, up 12 points or 0.051%. BSE Sensex…
Top stocks to buy (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, the top stocks to buy today are Amara Raja Energy, Jindal Stainless, and Jubilant Pharmova:Amara Raja Energy – Cup & Handle Breakout + Volume AccumulationBuy near: ₹1,017–₹1,000 | SL: ₹920 | Target:…
MUMBAI: Markets regulator Sebi has increased intraday net positions limits for each trading entity in index options to Rs 5,000 crore, but has left the gross position limit unchanged at Rs 10,000 crore. To control excessive volatility and speculation, Sebi has increased surveillance measures in the derivatives segment. It has also allowed higher position limits…
NEW DELHI: Almost three-and-a-half years after govt embarked on a plan to kick-start semiconductor manufacturing and supplier ecosystem in India, the country got its first commercially-made chip, which was presented to Prime Minister Narendra Modi by IT minister Ashwini Vaishnaw on Tuesday at Semicon India.The QFP (quad flat package) chip will be used across industries…
NEW DELHI: Global CEOs from the semiconductor world on Tuesday praised India’s work in the high-technology industry and promised new investments and hirings to grow their engagements in the country for worldwide projects.As most of the top CEOs said the country is increasingly playing a major role in their research and engineering work and this…
Anthropic has closed a deal to raise $13 billion from investors in a new funding round that nearly triples its valuation to $183 billion, including dollars raised – a larger-than-expected haul that makes the AI company one of the most valuable startups in the world. The financing, one of the largest to date for an…
NEW DELHI: India had moved the World Trade Organisation, questioning the 50% tariff imposed by the Trump administration on certain copper products imported into the US.“India considers that the measure, although claimed to be taken for security interests, are, in essence, a safeguard measure,” it said in a communication to the Geneva-based global trade watchdog…
