2025 has been tough for the Indian stock market, given the persistent selling, leading to a severe correction. This has been fueled by several factors, starting with the rupee depreciation, high market valuations, and a slowdown in earnings. Moreover, foreign investors (FIIs) have been selling persistently due to the strong dollar, high bond yields, and
U.S. stocks tumbled on Friday, extending their selloff in the wake of dour economic reports and closing the book on a holiday-shortened week fraught with new tariff threats and worries of softening consumer demand. All three major U.S. stock indexes moved decisively lower on the heels of the data, and continued their slide into afternoon
The Indian equity market is ranked the second-last in the Asia-Pacific region, according to Bank of America’s latest fund manager survey (FMS), which also revealed that allocation in Indian equities has fallen to a two-year low, while that of China has rebounded. The survey revealed that 19% of the total 205 panellists managing $482 billion
The stock market remains in a panic mode, with the Sensex tanking nearly 2,300 points or 2.83% while Nifty losing 712 points or 3.03% in February alone. In a massive selloff, investors’ wealth has eroded by `21.8 lakh crore this month alone as concerns over reciprocal tariffs continued to weigh on global and domestic equity markets.
In the Budget of 2025, the finance minister proposed an amendment to Section 158B of the Income Tax Act, 1961 (ITA) to include virtual digital assets in the definition of undisclosed income. This means that if, during a search proceeding, an individual’s income from cryptocurrencies is unearthed and found to be unreported, such income will
The stock market has been on a rollercoaster ride this week. While some stocks managed to hold their ground, others came under pressure. Amidst this volatility, global brokerage firm Nomura has given a ‘Buy’ recommendation on select stocks. Here’s a look at the top stocks the brokerage is betting on this week. Nomura has Buy
The real estate sector has long been recognised for its volatility in the stock market. Realty stocks tend to move aggressively in either direction—rallying or falling by 20-30% in a single move when in trend. However, the same level of intensity can be expected in reversal moves, with stocks bouncing back in a similar manner
Gold prices retreated from the record high level in the national capital on Friday, declining by Rs 700 to Rs 88,750 per 10 grams due to weak demand from jewellers and stockists, according to the All India Sarafa Association. ALSO READIndia is second-least favoured stock market in Asia, says BofA survey The precious metal of
The Indian real estate sector continues to be a crucial pillar of economic growth. While the 2025 Union Budget didn’t introduce major overhauls, the reforms announced are set to provide much-needed support to the industry. With a strong emphasis on infrastructure development, tax relief measures, and investment-friendly reforms, the industry is set to benefit across
Using a credit card for large purchases is common. But paying off big bills later can be stressful. In such cases, converting your credit card balance into EMIs is a good option. Credit cards make shopping easy. With just a swipe, you can complete transactions instantly. Most banks offer credit cards with minimal paperwork. Plus
Cryptocurrency exchange Bybit announced that one of its Ethereum cold wallets was compromised. An attacker managed to transfer approximately $1.5 billion worth of assets to an unidentified address, triggering widespread concern in the crypto community. Bybit confirms breach Bybit CEO Ben Zhou confirmed the security breach on Friday, stating that only one ether wallet was
Stocks tumbled on Friday following weaker-than-expected economic reports, signalling potential adverse effects of President Donald Trump’s policies on US business activity. The S&P 500 and Dow Jones Industrial Average both fell by 1.7%, their steepest one-day declines since December 18, 2023. Meanwhile, the Nasdaq composite dropped by 2.2%. Business activity nears stall speed A report
The process to modernise Semi-Conductor Laboratory (SCL), country’s first chip fabrication unit, has finally started. The company has invited bids to improve the existing 180 nanometre (nm) fabrication line at an estimated cost of around Rs 4,000 crore, officials said.The augmentation and enhancement of the existing 8 inch fab, which uses 180 nm technology node
