IT services major Infosys on Wednesday reported a 2.2 per cent decline in consolidated net profit to Rs 6,654 crore for the October–December quarter of FY26, even as revenue from operations rose nearly 9 per cent year-on-year.The Bengaluru-headquartered company had posted a net profit attributable to owners of the company of Rs 6,806 crore in…
The government has increasingly been nudging taxpayers to opt for the new income tax regime. (AI image) Budget 2026 income tax expectations: Will FM Nirmala Sitharaman provide more reason to cheer for salaried and middle class taxpayers two years in a row? 2025 was a year of tax reforms – massive overhaul of the new…
Walmart-owned Flipkart, Swiggy and IPO-bound Zepto have stopped promoting their grocery businesses as “10-minute” delivery services following a government intervention prompted by road safety concerns, according to a Reuters report.The move comes after the labour ministry, at a private meeting on Saturday, asked some companies to discontinue the “10-minute” branding amid concerns over rash driving…
Reliance Industries Ltd had a weak start to 2026, losing nearly Rs 1.4 lakh crore in market capitalisation. The stock is down about 7% so far this year, dragged by concerns over exposure to Russian crude and slowing growth in organised retail. The fall comes after a strong 2025, when the Mukesh Ambani led company’s…
Wholesale prices increased in December, with inflation measured by the Wholesale Price Index (WPI) rising to 0.83%. This marks the second consecutive month of upward movement after two months of deflation, official data released on Wednesday showed. The return to positive inflation came after wholesale prices contracted in October and November, when WPI inflation stood…
Indian equity benchmarks opened Wednesday’s session on an uncertain note, swinging between gains and losses as investors remained cautious amid continued foreign fund selling and ongoing global tariff concerns.At 12:00 BSE Sensex gained 161 points or 0.19% to 83,789. At the same time, Nifty50 rose 55 points or 0.22%. Several heavyweight stocks weighed on the…
Gold price prediction today: Maneesh Sharma of Anand Rathi Shares and Stock Brokers sees the gold and silver price rally continuing amidst ongoing global economic and geopolitical uncertainty. Source link
Asian markets mostly rose on Wednesday as Japanese stocks continued to outperform, extending a record-setting rally while yen weakened further. Hong Kong’s HSI traded at 27,037, up 188 points or 0.7%. Nikkei also inched higher, jumping 864 points or 1.6% to 54,413. Shenghai and Shenzhen also traded in green, up 1.11% or 1.83%. Meanwhile, in…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the equity benchmark indices, started Wednesday on a negative note, slipping in trade. While Nifty50 was near 25,650, BSE Sensex was down over 120 points. At 9:16 AM, Nifty50 was trading at 25,679.65, down 53 points or 0.20%. BSE Sensex was at 83,500.40,…
Nvidia has received the green signal to export advanced artificial intelligence chips to China! The US commerce department on Tuesday, signalled a policy shift, approving the tech giant to sell its H200 chips to Beijing, under certain restrictions.The development follows an announcement by US President Donald Trump last month permitting exports of the H200, provided…