Morgan Stanley analysts, led by Ridham Desai, predict that the next phase of the Indian market rally will be primarily driven by the April-June quarter (Q1FY27) corporate earnings season and the performance of the monsoon.
The first 'Kanda Express', a dedicated rail rake carrying 453.65 tonnes of onion from Nashik, Maharashtra, has arrived in Delhi to boost supplies and help rein in soaring prices, with the onion to be sold at a subsidised rate of Rs 35 per kg.
Vice President CP Radhakrishnan launched Gnani Artha, an end-to-end sovereign AI stack for Indian enterprises and public institutions. He emphasised that new technologies, including AI, will enhance ease of work and create more jobs, drawing parallels with the IT industry's growth. The initiative, backed by the India AI Mission, aims for self-reliance and includes the Gnani Evon v3.3 language model and Gnani Plexus AI platform, offering cost-effective Indic language capabilities.
Vice President CP Radhakrishnan launched Gnani Artha, an end-to-end sovereign AI stack for Indian enterprises and public institutions. He emphasised that new technologies, including AI, will enhance ease of work and create more jobs, drawing parallels with the IT industry's growth. The initiative, backed by the India AI Mission, aims for self-reliance and includes the Gnani Evon v3.3 language model and Gnani Plexus AI platform, offering cost-effective Indic language capabilities.
The Indian stock market's trajectory this week will be significantly influenced by crude oil prices, global market trends, and the commencement of the corporate earnings season, with IT major TCS set to announce its June-quarter results on July 9.
Devastating flash floods in Nepal, triggered by an ice and rock collapse, have led to over 900 deaths and 4,000 missing. Rescue operations by security personnel are severely hampered by critical shortages of specialised equipment, including thermal cameras, body bags, ropes, and helicopters. International assistance from India and China is aiding the search for missing workers, highlighting Nepal's long-standing disaster management capacity issues and inadequate funding.
Today, many investors are less concerned about holding bullion physically. What matters more is gaining exposure to price movements. As a result, the new-age investment trend has shifted more towards ETFs.
Prime Minister Narendra Modi urged Russian President Vladimir Putin to move from 'endless war to the end of war' in Ukraine, emphasising that a peaceful resolution is humanity's shared priority.
Essel Group founder Subhash Chandra has called for an independent audit to examine the group's borrowings, defaults, and repayments, stating that approximately 43,000 crore of its 45,000 crore total debt has been repaid.
NeoGeoInfo Technologies, a spatial intelligence solutions provider, has secured a Series A investment of approximately USD 20 million from Neev II Fund and Aavishkaar Capital. This funding will fuel the company's R&D, expand its international presence in the Middle East and Americas, and strengthen its team for complex projects.
US President Donald Trump indicated that American military operations targeting Iran might not have concluded, while firmly rejecting immediate talks with Tehran. He asserted that Iran is facing severe military and economic difficulties and possesses limited capabilities, despite the reopening of the Strait of Hormuz.
The last major business daily to launch in India was Financial Chronicle in April 2008, preceded by Mint on February 1, 2007.
Sashidhar Jagdishan, the managing director and chief executive of HDFC Bank, has opted out of being considered for reappointment after his current term ends on October 26, choosing to retire after nearly three decades with the lender.
Indian benchmark indices Sensex and Nifty closed lower, with the Nifty recording its fourth consecutive day of decline, primarily due to elevated oil prices and ongoing geopolitical tensions between the US and Iran, which dampened investor sentiment.
Heavy rains lashed Delhi, triggering waterlogging and traffic disruptions across several parts of the national capital.
Indian benchmark indices, Sensex and Nifty, bounced back significantly after two days of losses, with the Sensex climbing 443.97 points to settle at 76,922.64, driven by positive global market trends and a drop in crude oil prices.
India's multi-format cricket tour of New Zealand has seen unprecedented early ticket sales, with 26,000 tickets sold in the first 48 hours of the pre-sale. The 12-match series, starting in October, is proving to be a major draw, particularly for white-ball matches, prompting New Zealand Cricket to urge fans to secure their seats quickly.
Indian benchmark stock indices, Sensex and Nifty, declined for a second consecutive day, primarily due to selling pressure in IT, oil & gas, and select banking shares. Concerns over the US-Iran negotiations and a sluggish monsoon further dampened market sentiment.
Shares of packaged food company Milky Mist Dairy Food Ltd listed with a premium of nearly 18 per cent against its issue price of Rs 140, reaching a market valuation of Rs 13,968.81 crore.
In many ways, 17th century India occupied a position in the global economy comparable to that of the United States today. Just as millions of people now look towards America because of its economic opportunities, merchants, adventurers and trading companies once looked towards India.
Rental yield can indicate whether a property is undervalued, overvalued or fairly valued.
Indian benchmark equity indices, Sensex and Nifty, extended their decline for a second consecutive day, primarily due to elevated crude oil prices and selling pressure on Tata Group stocks following Tata Sons Chairman N Chandrasekaran's announcement that he will not seek reappointment.
Maruti Suzuki, India's leading passenger vehicle manufacturer, is experiencing robust growth in the June quarter, driven by a recovery in the entry-level segment, easing supply constraints, and significant market share gains. Despite potential headwinds from El Nio, analysts remain optimistic about the company's future performance.
Massive flash floods in Nepal, triggered by an ice-rock avalanche, have devastated the border town of Timure and other central districts, leaving a rising death toll and hundreds missing. The disaster, described by witnesses as feeling like an earthquake, has claimed entire families and caused widespread destruction to infrastructure. Rescue efforts are underway, with a significant number of missing individuals identified as tourists, including nearly 300 Indian nationals.
Indian benchmark indices, Sensex and Nifty, rebounded in early trade after two days of decline, driven by positive global market trends and strong buying in auto stocks. This recovery follows a robust performance in US markets and a rally in Asian markets, particularly Japan's Nikkei, fueled by AI-driven technology optimism. Track Sensex, Nifty on July 1.
N Chandrasekaran not only faces muted financial performance from the group's listed companies, but also mounting losses at Tata Sons' unlisted subsidiaries, many of which have been set up by him in the last decade.
From Ajnabee to 2.0, Akshay Kumar has had plenty of fun playing the bad guy, but which of his villainous turns is truly khatarnaak?
Upcoming Mahindra Scorpio Lifestyler 2027: Expected Price & Features!
The United States has sanctioned four India-based companies, including a customs broker and three other firms, for their involvement in importing petroleum and petrochemical products from Iran. This action is part of "Operation Economic Outcast," a broader US campaign to sever Iran's financial lifelines and prevent funding for its destabilising activities.
Commercial vehicle manufacturer Tata Motors Ltd reported an impressive 83 per cent increase in consolidated net profit, reaching Rs 2,556 crore for the first quarter ending June 30, primarily boosted by a significant mark-to-market gain on investments in Tata Capital Ltd.
New dematerialised (demat) account additions in India reached a six-month high in July, with 2.89 million new accounts opened, driven by a buoyant initial public offering (IPO) market and a broad-based rally in equities.
Madhya Pradesh Minister Kailash Vijayvargiya has ignited a political firestorm with his controversial remarks suggesting sugar should be "very expensive" and avoided by those over 40, drawing sharp criticism from the opposition amidst rising inflation concerns.
The Mumbai civic body has initiated demolition of unauthorised constructions in a posh Prabhadevi high-rise, Rustomjee Crown, following complaints from an RTI activist. The action targets illegal alterations, amalgamation of flats, and conversion of common spaces into habitable areas, with the drive expected to continue over several days.
Tottenham Hotspur have significantly boosted their squad by signing Brazil winger Savinho from Manchester City, pushing their close-season spending beyond 300 million under manager Roberto De Zerbi, following a narrow escape from relegation last season.
When a student asks AI to explore an idea, challenges its response, asks for alternatives, improves the output and decides what is worth retaining, the student is practising behaviours that are central to leadership, says Jaspreet Bindra, co-founder and CEO of AI & Beyond, an organisation promoting AI literacy.
Penguin Random House India has clarified that it is not the publisher of Sonia Gandhi's memoir, "Belonging: A Journey of Love," in India. This statement follows reports suggesting the publisher backed out due to Gandhi's refusal of editorial changes. The company maintains it was willing to publish but has a prerogative to fact-check authors. The book's India distribution remains uncertain, though an e-book version is available for pre-order from another publisher.
Gold and silver prices are anticipated to maintain a positive trajectory in the coming week, with market volatility expected to remain high due to ongoing developments in West Asia and upcoming global economic data, particularly the Federal Reserve's FOMC meeting minutes.
'I wanted to make an out-and-out entertainer, a film where people could come into the theatre, laugh, have fun, and walk out feeling entertained. That was my thought when I took up Korean Kanakaraju.'
Foreign Portfolio Investors (FPIs) have injected Rs 16,621 crore into Indian equities during the first half of August, continuing a buying spree driven by improving relative valuations, resilient corporate earnings, and expectations of softer US interest rates.
The report notes that equities had faced pressure from elevated valuation premiums, subdued nominal gross domestic product (GDP) and earnings growth, sustained foreign portfolio investor (FPI) selling, artificial intelligence (AI) infrastructure euphoria, and external shocks including US tariffs and a spike in crude oil prices due to geopolitical tensions in West Asia. However, several of these factors are now reversing.
