Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark Indies, opened in red on Friday on lacklustre global and domestic cues. While Nifty50 was just above 26,100, BSE Sensex was down over 140 points. At 9:16 AM, Nifty50 was trading at 26,101.30, down 41 points or 0.16%. BSE…
The Japanese government on Friday approved a record budget for the upcoming fiscal year, to pay for everything from bigger defence spending to ballooning social security costs as inflation persists.The 122.3-trillion-yen ($782 billion) budget for the fiscal year from April 2026 will include some nine trillion yen for defence spending, as Prime Minister Sanae Takaichi…
Goldman Sachs initiated its coverage of PhysicsWallah with a neutral rating and a target price of Rs 135. Analysts said the company is one of India’s largest edtech platforms, with a broadly equal mix of revenues from online and offline segments. They forecast a 24% compounded annual growth rate (CAGR) of revenue for FY25-FY30 (vs…
MUMBAI: With nearly Rs 2 lakh crore collected from 365 IPOs in 2025, the year set a new record in terms of mobilisation through the primary market. In comparison, in 2024, through 336 IPOs, companies had collected about Rs 1.9 lakh crore. What’s more, total funds mobilised in 2025 was nearly four times that of…
NEW DELHI: India would soon establish itself in the semiconductor industry by starting exports, even though it’s entry was late, said Union home minister Amit Shah.“We have made a strong entry into the semiconductor industry, although a bit late. In no time, we will not only become self-reliant in the semiconductor sector, but will also…
The Confederation of Indian Industry (CII) urged the government to focus on institutional reforms and fiscal consolidation in the upcoming 2026-27 budget to maintain India’s growth momentum. The industry body presented these recommendations on Thursday, emphasising debt sustainability, fiscal transparency, revenue collection, and spending efficiency as key areas for improvement.“India has achieved a rare convergence…
H-1B visas have long been the sought after route to the US for Indians. (AI image) New H-1B visa rules decoded: US President Donald Trump believes that America doesn’t have enough talented people – yet he is cracking down on immigration and introducing stricter controls on the people who can study and work in the…
NEW DELHI: The government is set to launch SWAMIH-2 Fund, a Rs 15,000-crore initiative aimed at helping nearly 100,000 middle-class homebuyers complete their stalled housing projects. This follows the success of SWAMIH-1, which has already completed 55,000 dwelling units. The government has allocated Rs 1,500 crore as seed capital in Budget 2025-26 for this purpose.The…
The RBI has revised its full year growth estimate upwards to 7.3%. (AI image) By DK SrivastavaThe first and second quarter 2025-26 real GDP growth rates at 7.8% and 8.2% respectively provide a post-Covid robust growth performance. The full year growth is expected to be more than 7%. The RBI has revised its full year…
The Russian currency Ruble emerged as the top-performing major currency against the US dollar this year, surging 45% since January. This unexpected strength caught Russian officials off guard and poses challenges for the country’s war-affected economy. The currency is now trading around 78 per dollar, similar to levels before Russia’s Ukraine invasion, as reported by…
