Indian markets saw a strong rebound as tech stocks, particularly those in AI, led the charge. Investors embraced a ‘buy on the dip’ strategy, shrugging off concerns about AI’s disruptive potential. Major indexes posted solid gains, with semiconductor firms and companies like Advanced Micro Devices and Keysight Technologies seeing significant boosts.Read More

Gold prices remained steady on Wednesday. This followed a dip in the previous session. The US dollar’s strength made gold more expensive for international buyers. US gold futures saw a slight decrease. Global shares rose on AI enthusiasm. Iran and the US are set for nuclear talks. Silver dipped, while platinum and palladium saw minor...Read More

The Japanese yen weakened near a two-week low after Prime Minister Takaichi reportedly expressed reservations about future rate hikes to the central bank chief. Meanwhile, a rising Chinese yuan pressured the dollar, while the Australian dollar saw gains on inflation data. Traders watched President Trump’s State of the Union address.Read More

Standard Chartered’s India operations saw a 15% rise in profit before tax to $542 million in 2025, driven by lower expenses and provisions, despite a 3% drop in operating income. India climbed to the fourth position in profit contribution, aided by a 24% decline in China profits. Total loans fell 5% to $12.28 billion, while...Read More

A founder’s dystopian AI scenario published on Sunday triggered a stock market meltdown on Monday, with major indexes and specific company shares plummeting. The report, “The 2028 Global Intelligence Crisis,” detailed mass white-collar layoffs and a deflationary cascade, sparking investor anxiety already heightened by AI-related selloffs.Read More

India’s SME stock platforms, designed as a launchpad to the mainboard, are seeing a significant slowdown in company migrations. Stricter listing norms and increased tenure requirements implemented by exchanges have effectively filtered out smaller players, leading to a sharp decline in the number of companies successfully transitioning to the mainboard in recent years.Read More

IDFC First Bank has settled ₹583 crore with the Haryana government despite an ongoing financial fraud investigation. The bank confirmed full payment of principal and interest, emphasizing its commitment to customer-first principles and cooperation with authorities to apprehend those responsible. This proactive payment was made without waiting for the investigation’s conclusion.Read More

The Indian rupee closed at 90.95/$1 on Tuesday, pressured by maturing non-deliverable forwards and equity sales. The Reserve Bank of India intervened to prevent the currency from breaching the 91/$1 mark. A stronger dollar index and rising crude oil prices also contributed to the rupee’s weakness.Read More

The government is divesting up to a 4% stake in Indian Railway Finance Corporation (IRFC) through an offer for sale. The divestment begins with a 2% stake sale, with an additional 2% green shoe option available. The offer opens for non-retail investors on Wednesday and retail investors on Thursday, with a floor price of ₹104...Read More

Markets declined sharply on Tuesday due to weak global cues, with the Nifty retesting crucial support near 25,400. Several stocks like IRFC, Voltas, IDFC First Bank, Alembic Pharma, and Lupin are in focus today due to significant news developments, including government stake sales, price hike expectations, and USFDA approvals.Read More