The Indian rupee fell to a record low on Thursday, as ​investors fretted over the economic risks ​confronting India from a resurgence in crude oil prices to 2022 highs, ​threatening the inflation-economic growth balance for the net energy importer and sapping capital flows.Read More

OnEMI Technology Solutions’ Rs 926 crore IPO opened with muted demand, seeing just 2% subscription early on Day 1. A modest GMP signals mild listing gains. While margins and profitability have improved, high unsecured lending exposure and regulatory risks keep brokerages cautious, suggesting investors wait for clearer growth visibility.Read More

Global market expert Richard Harris anticipates minimal changes to U.S. monetary policy, emphasizing the Fed’s independence. He notes that Big Tech’s recent profitability stems more from cloud growth than AI, with Google leading the AI race but facing intense competition.Read More

Japanese government bond yields rose ​on Thursday, with the benchmark 10-year yield hitting a 29-year ​high, as reports of U.S. military action to end Iran stalemate drove oil to a four-year high and fuelled inflation concerns.Read More

Strong earnings from major US technology firms highlight the growing dominance of artificial intelligence in driving growth. While cloud and advertising segments remain robust, massive AI investments and rising costs are prompting caution. Investors remain divided, balancing optimism over long-term potential with concerns about valuations, returns and sustainability.Read More

French IT firm Capgemini saw its revenue climb seven percent year-on-year in the first quarter. This performance met the company’s expectations. Growth was boosted by strong results in North America, partly due to a recent acquisition. The company has confirmed its revenue growth target for the year. Headcount also saw a significant increase.Read More

The United States economy continues to demonstrate resilience despite the recent energy price shock linked to geopolitical tensions involving Iran, Federal Reserve Chair Jerome Powell said on Wednesday, as per a Reuters report.Read More

Samsung Electronics reported a dramatic surge in first-quarter earnings, driven by soaring memory chip prices amid a global artificial intelligence boom that has tightened supply across the semiconductor industry.Read More

Despite a struggling broader market, several penny stocks delivered exceptional returns, with some surging over 400% in just six months. These low-priced stocks significantly outperformed benchmark indices, driven by speculative interest and a shift towards higher-risk, higher-return segments by domestic investors seeking quick gains amidst global uncertainty.Read More

Investors should remain invested in US markets despite record highs, says Naveen Kulkarni of Axis Securities PMS, citing diversification benefits against currency and geopolitical risks. He warns about concentration in tech stocks and AI-driven rally risks, while recommending disciplined global allocation and up to 5% overseas exposure via ETFs HNIs.Read More