US stock markets opened the holiday-shortened week on a positive note on Monday, with major indices posting modest gains amid light trading volumes and heightened moves in commodities.The S&P 500 rose 0.4% in early trade, hovering just below the all-time high it set earlier this month. The Dow Jones Industrial Average was up 170 points,…
Shares of several railway-linked companies surged in afternoon trade on December 22, as stock-specific triggers and rising pre-Budget expectations sparked fresh buying interest across the sector.Jupiter Wagons, IRCTC, RailTel and RVNL were among the top gainers, with some stocks rising as much as 15%, according to an ET report. The rally comes just over a…
India’s key macroeconomic indicators are set for a base-year reset early next year, with the government announcing timelines for releasing new series of retail inflation, national accounts and industrial production data, PTI reported.The Ministry of Statistics and Programme Implementation (MoSPI) said on Monday that a new series of Consumer Price Index (CPI) data, reflecting a…
With just days left before the year-end compliance window closes, the Income Tax department has begun reaching out directly to multinational companies, asking them to alert Indian employees about undisclosed foreign assets and income, according to multiple tax advisors.Several large multinationals — including a global consumer healthcare firm, a wireless technology major and a US-based…
Foxconn has rapidly scaled up its newest iPhone manufacturing facility near Bengaluru, hiring close to 30,000 workers within eight to nine months, marking the fastest workforce expansion by any factory in India to date. The swift ramp-up at the Devanahalli plant underscores Apple’s push to diversify its supply chain beyond China, according to people familiar…
Gold prices surged to record highs on Monday, driven by a weaker US dollar and anticipation of US Federal Reserve interest rate cuts. Both domestic and international markets saw significant gains, with MCX gold futures hitting Rs 1,35,824 per 10 grams and Comex gold reaching USD 4,429.3 per ounce. Source link
Your job is not to constantly fiddle with the portfolio, but to give your chosen businesses enough time and space to prove themselves. (AI image) The biggest rewards in equities come to those who endure the dull years and survive the scary ones.One of the most common questions we get is, “How long should I…
Silver delivered a glittering rally on Monday, scaling a life time high, lifted by strong demand for the precious metal and global rally. Silver futures touched record high of Rs 2,14,534 per kilogram on the Multi-Commodity Exchange (MCX) in what is being seen as one of its strongest annual performances in recent years. Spot silver…
India and New Zealand struck a free trade agreement (FTA) on Monday, marking the end of negotiations that began back in March this year. The agreement was unveiled after a telephone conversation between PM Modi and New Zealand’s PM, Christopher Luxon. During the call, the two leaders described the India–New Zealand Free Trade Agreement as…
Domestic stock market fund raising remains strong in FY26; 83 companies raise Rs 1.3 lakh crore till Nov: NSE report Fund mobilisation in the domestic stock market remained strong in the current financial year, with 83 companies raising Rs 1.3 lakh crore as of November in FY26, according to a report released by the National…
