Tata Steel reported a 15% year-on-year rise in Q1 consolidated net profit to Rs 2,318 crore, driven by higher revenue and stronger operating performance. Revenue grew 14%, while profit before tax increased despite higher expenses and exceptional restructuring-related charges during the quarter.Read More

Microsoft shares surged 16% after stronger-than-expected guidance, robust Azure cloud growth and rising Microsoft 365 Copilot adoption eased concerns over AI spending. The company also forecast healthy cash generation, reinforcing investor confidence in its long-term artificial intelligence strategy and cloud leadership.Read More

Ambuja Cements reported a profit drop, impacted by lower sales volume and higher costs. The company will now prioritize value over sales volume in its operations. Consolidated net profit decreased by thirty-seven percent year-on-year during the fiscal first quarter. Higher imported fuel prices and trade costs affected industry profitability significantly. Ambuja Cements remains confident of...Read More

US stocks opened higher on Thursday morning. Microsoft’s strong forecast eased investor concerns about AI spending. Major indices like the Dow and S&P 500 saw significant gains. The Nasdaq Composite also experienced a notable increase at the opening bell. Investors parsed fresh economic data after the Federal Reserve’s rate decision.Read More

Embassy Office Parks REIT posted 17% growth in Q1 revenue and net operating income, driven by robust leasing from Global Capability Centres and AI firms. The REIT declared a higher distribution, maintained strong occupancy and expanded its development and hospitality pipeline.Read More

Seven BSE 100 stocks, including TVS Motor, Divi’s Laboratories and Nestle India, touched fresh 52-week highs as Sensex gained 273 points. The milestone reflected sustained buying interest, improving investor confidence and strong upward momentum amid the broader market rally.Read More

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On Thursday, Indian government bonds faced a decline for the third consecutive day. The rise in U.S. Treasury yields dampened enthusiasm for Indian debt instruments, while escalating geopolitical tensions from the Gulf region further affected market dynamics. Additionally, concerns about the Federal Reserve’s ambiguous interest rate plans placed additional strain on bond prices. Nevertheless, measures...Read More

Legendary investor Marty Whitman advocated a bottom-up investing approach, urging investors to assume adverse macro conditions while focusing on strong businesses. He emphasised resilient balance sheets, capable management, competitive advantages and attractive valuations to generate long-term returns despite economic uncertainty.Read More

In a move consistent with expectations, the Bank of England has kept interest rates steady at 3.75 percent. They noted domestic conditions are helping to alleviate inflationary pressures. Following this update, there were minor decreases in UK bond yields and the pound. Inflation is anticipated to climb to 3.2 percent later this year while the...Read More