To invest in precious metals from a diversification standpoint, gold and silver are two meaningful avenues. In recent times both these precious metals have made all-time highs. In Indian rupee terms, on April 22, 2025, the price per 10 grams of 24k gold crossed Rs 1 lakh amid geopolitical and macroeconomic uncertainty, along with weakening
Polycab India Ltd on Tuesday released its fiscal fourth quarter earnings report with profit at Rs 726.67 crore, surpassing estimates. This was 33.09 per cent higher in comparison to Rs 546.00 crore during the corresponding quarter of FY24. It posted revenue from operations at Rs 6985.80 crore, up 24.93 per cent as against Rs 5591.90
Tata Motors share price slipped nearly 2% to hit an intra-day low of Rs 645.50 as investor attention turned to the company’s crucial virtual shareholders’ meeting scheduled for later today. The meeting holds significance as stakeholders are set to vote on the much-anticipated demerger proposal, which aims to split the conglomerate’s operations into two standalone
The Central Government is planning to set up the Eighth Central Pay Commission (8th CPC) in advance of the current pay structure’s expiry in December 2025. The move, eagerly awaited by millions of central government employees and pensioners, comes amid reports that appointments to the new commission are expected soon, with a possible revision in
Tata Consultancy Services (TCS) and IBM are collaborating to advance the quantum industry in India through the Government of Andhra Pradesh’s new Quantum Valley Tech Park, which is under construction in Amaravati. The park will house an IBM Quantum System Two, equipped with a 156-qubit Heron quantum processor, making it the largest quantum computer in
US Stock markets may soon witness a sharp downturn, according to veteran technical analyst Tom DeMark, as per a report by Bloomberg. He cautions that the recent rally in the S&P 500 Index could be for a short duration and may give way to a bear market in the coming months. Warning signs indicating for
The Indian stock market witnessed a sharp decline in the last two quarters of FY2025, but now the market seems to be picking up some pace. In the last one month, frontline indices have shown signs of a revival in investor sentiment, especially after the lows hit post US President Trump’s tariff imposition announcements. This
India could allow foreign companies to take a stake of up to 49% in its nuclear power plants, three government sources said, as New Delhi draws up plans to open up its most-guarded sector to help achieve goals to cut carbon emissions. The government has considered changing its nuclear foreign investment framework since 2023. The
Tata Consultancy Services left people stunned at the end of July after announcing plans to lay off more than 12,000 employees. The move has left many IT sector workers unnerved and sparked growing concerns about similar cuts in other companies. A growing call for AI and automation has incidentally led to the loss of more
Beating analysts’ estimates by a narrow margin, Tata Power on Friday posted a 9.2% growth in profit at Rs 1,060 crore in Q1FY26 as compared to Rs 971 crore in Q1FY25. Sequentially, profits grew 1.6%. Analysts had predicted a profit of Rs 1022 crore. The company beat analysts’ estimates on the revenue front also, posting
Asset Reconstruction Company (India) Limited, pioneer in the asset reconstruction industry and the first ARC to be incorporated in India, has filed its Draft Red Herring Prospectus (DRHP) with market regulator Securities and Exchange Board of India (SEBI). The IPO comprises of an offer for sale of up to 105,463,892 Equity Shares of face value
New Income Tax Bill, 2025: The Centre has taken a big step towards making the tax system simple and transparent in the country. The Modi government introduced the ‘Income Tax Bill, 2025’ in Parliament during the budget session this year to replace the existing Income Tax Act, 1961. This Bill, after being introduced in the
ITC Ltd on Friday released its fiscal first quarter earnings report with a profit growth of 3.21 per cent to Rs 5,343.41 crore in comparison to Rs 5,176.99 crore recorded during the corresponding quarter of FY25. It posted revenue from operations at Rs 23,129.35 crore, reporting a growth of 19.53 per cent as against Rs