Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey on Monday said the market regulator will soon come out with guidelines for AI-driven trading, while cautioning that artificial intelligence presents both opportunities and heightened cyber risks for the…
Read More
Gold prices stabilized as a weaker dollar and falling oil prices eased inflation worries, following President Trump’s decision to pause an attack on Iran. This move, aimed at fostering negotiations, has impacted the precious metal’s market dynamics. Meanwhile, other precious…
Read More
India’s information technology sector is drawing near-term earnings support from the sharp depreciation in the rupee despite mounting concerns over artificial intelligence-led disruption, weak discretionary spending and slowing global technology budgets.
Read More
Indian fuel retailers are facing steep under-recoveries despite a recent Rs 3 hike, with analysts estimating losses of Rs 25/litre and daily hits of Rs 1,380 crore for Indian Oil Corporation (IOCL), Bharat Petroleum (BPCL) and Hindustan Petroleum (HPCL). Brokerages…
Read More
The ongoing West Asia conflict has unexpectedly benefited India’s organized plywood sector by pressuring smaller, unorganized manufacturers. Greenply Industries, among others, has captured market share due to increased raw material costs and tightened credit. The company is also investing significantly…
Read More
India’s foreign exchange reserves have dropped significantly as the Reserve Bank of India intervenes to manage rupee volatility. Surging crude oil prices and foreign investor outflows are pressuring the currency. Analysts suggest the rupee’s slide may continue if global conditions…
Read More