Bank of America expects the rupee to strengthen to 88.60–89.00 by March-end after a landmark U.S.–India trade deal triggered its sharpest gain in seven years. The Rupee’s rebound follows months of pressure from foreign outflows, though BofA says RBI is unlikely to resume aggressive dollar-buying even if inflows return.Read More

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Over the past 15 years, the worst single-day crash in the Nifty IT index was recorded on April 12, 2013, when it plunged a staggering 12%, according to ACE Equity data. The closest comparable selloff came in 2022, when the index fell 6% in a single session, making today’s plunge the steepest in six years.Read More

Nvidia CEO Jensen Huang dismissed fears that artificial intelligence ‍will replace software and ​related tools, calling the idea “illogical”, after a significant ⁠selloff in global software stocks on Tuesday.Read More

Finance Minister Nirmala Sitharaman defended the STT hike on F&O trading, citing heavy retail losses and aiming to curb speculation. She highlighted increased spending on health and education, not cuts, and outlined a target of 50% debt-to-GDP by 2030-31. The budget also includes significant rural employment funding and infrastructure projects for election-bound states, incorporating youth...Read More

The Kyoto-based gaming company on Tuesday reported robust sales for the Switch 2 during the year-end shopping season, though ‌the ‌system is viewed as lacking high-profile game titles to drive demand.Read More

Global software and IT stocks suffered a sharp selloff after Anthropic unveiled new AI tools capable of automating legal, sales, marketing and data analysis tasks. Fears that AI may replace—rather than support—software firms triggered what analysts call a “SaaSpocalypse,” wiping out billions in market value across the US, Europe and India.Read More

Finance Minister Nirmala Sitharaman has strongly defended the new India-US trade agreement. She assured that Indian interests, especially in agriculture and dairy, are protected. Tariffs on Indian exports to the US have seen a significant reduction. Opposition parties have raised concerns about transparency and potential impacts. Full details are expected to be shared through parliamentary...Read More

The uptake was also ‌lower, with ‌38% of the bonds on offer sold, compared with ‌58% last week, according to a Hanoi Stock Exchange filing.The auction took total government bond sales so far this year to 30 trillion dong, ​according to exchange data.Read More

Pradeep Aggarwal, Founder and Chairman of Signature Global (India) Ltd, said the company has continued to deliver steady performance during the first nine months of this fiscal.Read More