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According to Foram Chheda, the Nifty 50 has broken out of a symmetrical triangular formation, indicating that an upward rise is possible. Foram Chheda, the creator of ChartAnalytics and a CMT technical analyst, thinks Axis Bank and Bajaj Auto seem attractive from the standpoint of F&O expiration week. In an interview with Moneycontrol, she said, … Read more
In the third quarter, Elon Musk’s electric vehicle firm recorded $1.4 billion in earnings, a 37% decrease from the same time last year. Tesla announced a significant decline in earnings on Wednesday, stating that a boost from higher car sales was more than offset by a drag from tariffs and other costs. In the third … Read more
Industry executives from all around India hailed the nation’s record-breaking Diwali commerce this year on Wednesday, claiming that recent economic changes and Prime Minister Narendra Modi’s “Made in India” strategy are having a significant impact locally. India had its largest-ever Diwali trading, with total sales estimated at Rs 6.05 lakh crore, according to a countrywide … Read more
AU, Ujjivan, and Jana Small Finance Banks raise their proportion of secured assets in accordance with the RBI’s recommendations for voluntary universal bank conversion. In order to meet the transition standards for diverse portfolios, small financing banks (SFBs) that want to become universal banks have raised the proportion of secured assets in their lending portfolios. … Read more
During their Diwali conversation, US President Trump and Prime Minister Modi spoke about trade, India’s purchases of Russian oil, and regional challenges; the PM restates the US-India alliance and anti-terror posture. On Wednesday morning, US President Donald Trump called Prime Minister Narendra Modi to wish him a happy Diwali. He subsequently told reporters at the … Read more
According to sources familiar with the situation, Anthropic PBC is negotiating a contract with Google, a division of Alphabet Inc., that would give the artificial intelligence firm access to more processing capacity worth tens of billions of dollars. According to the persons, who requested not to be identified because the information is confidential, the not-yet-finalized … Read more
Before Friday’s CPI report, the US Dollar Index pauses above important Fibonacci support, slipping to 98.857 in the middle of the session. As traders wait for the inflation data to recalibrate rate expectations, the DXY stays rangebound between 98.714 and 99.139. As CPI becomes the only focus, traders price in a 97.3% likelihood of a … Read more
For customers worldwide, information technology giant Infosys has completed more than 2,500 Generative AI (Gen AI) and more than 200 Agentic AI projects. Chief Delivery Officer Satish HC said that customers are increasingly expanding AI technologies beyond experimental stages to provide measurable business results during the company’s Q2 FY26 earnings call on October 16. “We … Read more
Just the girl’s biological parents or legal guardians may administer the SSY account, according to the Department of Posts’ circular (dated August 21, 2024). Raising a kid in today’s society may be quite expensive, particularly when it comes to providing a girl with a good education and financial stability. The Indian government launched the Sukanya … Read more
In a regulatory statement on Wednesday, Infosys said that its promoters, including chairman Nandan Nilekani and founder Narayana Murthy, would not be offering their shares in the September repurchase process. At a time when equities of such companies have been under pressure owing to a bad macroeconomic environment and uncertainty emerging from tariffs, the second-biggest … Read more