Business

Representative image (Picture credit: AP) Asian stocks opened with modest gains on Tuesday, supported by a rebound in technology and artificial intelligence shares, while oil prices advanced amid growing concerns over supply disruptions linked to the Russia-Ukraine conflict.In equity markets, shares in Japan and South Korea recovered after Monday’s losses, though Australian stocks slipped. US…

MUMBAI: The country’s current account recorded a deficit of $2.4 billion (0.2% of GDP) in April-June 2025, narrower than the $8.6 billion shortfall a year earlier but a sharp reversal from the $13.5 billion surplus in the previous quarter. The merchandise trade gap widened to $68.5 billion in Q1 from $63.8 billion last year, though…

NEW DELHI: Amid trade uncertainty, govt has heightened its engagement with countries – from the UAE to Qatar, South Africa and Australia – as it seeks to push Indian goods into markets other than the US.Commerce and industry minister Piyush Goyal met his counterparts from South Africa and Qatar last week, countries with which India…

Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, Coforge, and BlueStar are the top stocks to buy today:Coforge – Buy in the range between Rs 1760 & Rs 1770; Stop Loss: Rs 1710; Target: Rs 1880Coforge has broken out of…

NEW DELHI: In a rare case, dispatches by the the car industry to dealerships have declined in the festive season as buyers are postponing taking deliveries on hopes of price cuts due to an expected reduction in GST rates in an upcoming review.Total car wholesales in Aug are estimated at around 3.3 lakh units against…

CHENNAI: Private Equity- Venture Capital (PE-VC) investments fell by 55% in Aug to $1.2 billion this year against $2.8 billion in the same month of CY2024. Interestingly, US-headquartered investors handling large size PE deals (more than $100 million) were absent during the month.Data released by research firm Venture Intelligence on Monday shows that the YTD…

MUMBAI: India’s rapid economic growth is sustained by domestic resources rather than foreign capital, former RBI deputy governor Michael Patra said amid external challenges, including tariffs imposed by US President Donald Trump.“India self-finances its growth and doesn’t depend on foreign capital for its investment,” Patra said at an event here on Monday. “This is a…

MUMBAI: Flipkart has acquired a majority stake in digital infotainment platform Pinkvilla to tap into a wider set of Gen Z consumers who are influencing consumption patterns and shopping baskets of households. The company did not disclose the deal specifics but said it will leverage Pinkvilla’s reach to expand content footprint and enhance engagement with…

MUMBAI/NEW DELHI: You have read about it in history books and several decades later, you are seeing it play out in the form of hashtags on social media and witty brand campaigns-call for swadeshi is back, thanks to Trump tariffs. Only this time, brands are leading the charge. From homegrown companies taking jibes at American…

Infosys staff members continue their work duties from home, both online and offline, after leaving the office. Bengaluru’s persistent and infamous traffic woes seem to have forced Infosys, India’s second largest IT services firm, to reschedule its bus service timings for employees. Infosys has modified the evening bus departure times from its Electronic City facility…