This is an AI-generated image, used for representational purposes only. India’s $280 billion IT services industry is set to post a lacklustre first-quarter performance for FY25, with top-tier firms likely to report flat to marginal revenue growth amid prolonged decision cycles and cautious tech spending by global clients, reported ET, citing analysts.Among the top six…
Paramount, the parent company of CBS, has agreed to pay $16 million to settle a lawsuit filed by US President Donald Trump over the contents of a “60 Minutes” interview with former vice president Kamala Harris during the 2024 presidential campaign.The settlement resolves Trump’s $20 billion lawsuit, which alleged that CBS edited the interview to…
The transformation in India’s oil import strategy has been remarkable, with Russian oil’s share increasing from less than 1 per cent to roughly 40-44%. (AI image) India, a large importer of crude oil from Russia, may have to watch out for a new US bill which proposes imposing a 500% tariff on countries that import…
HDB Financial Services made a strong debut on the stock exchanges on Wednesday, with its shares listing at Rs 835- a 12.84 per cent premium over the issue price of Rs 740. The stock opened higher by Rs 95 on both the NSE and BSE, reflecting solid investor interest following a heavily subscribed IPO. As…
This is an AI-generated image, used for representational purposes only. Kharif sowing is off to a robust start this year, registering an 11.3 per cent year-on-year (YoY) increase as of June-end, driven by a sharp jump in rice and pulses acreage, according to a recent report by ICICI Bank. The surge in sowing is expected…
Representative image (Picture credit: AP) Asian equities edged lower on Wednesday while the dollar hovered near multi-year lows, as investor focus turned to the likelihood of US interest rate cuts and President Donald Trump’s looming July 9 deadline for new trade tariffs. Meanwhile, oil prices held steady ahead of a key OPEC+ meeting this week.According…
Top stocks to buy today (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, Blue Star, CESC, and DXC India are the top stocks to buy today:BLUE STAR – Range Breakout with Strong VolumesBuy near ₹1680 | Stop Loss: ₹1620 | Target: ₹1800After a prolonged…
NEW DELHI: The government on Tuesday gave more headroom to vehicle aggregators such as Uber, Ola, inDrive and Rapido on surge pricing. In a set of guidelines on ride-hailing services, the road transport ministry allowed aggregators to charge up to twice the base fare, as against 1.5 times earlier, while leaving the non-peak hour charges…
The Reserve Bank of India (RBI) has appointed Kesavan Ramachandran as Executive Director (ED) with effect from July 1, 2025, the central bank said in an official release on Tuesday.Before his promotion, Ramachandran was serving as Principal Chief General Manager in the Risk Monitoring Department. As Executive Director, he will now look after the Department…
US President Donald Trump’s reciprocal tariffs suspension deadline approaches on July 9. (AI image) India-US trade deal update: Intense trade discussions between India and the US continue for the sixth consecutive day on Tuesday in Washington, as negotiations reach a critical phase with New Delhi seeking improved market accessibility for its workforce-intensive products, according to…