The US stock market opened Wednesday’s session on February 4 mixed, as investors looked for direction following a tech rout on Tuesday that wiped out billions of investors’ wealth on Wall Street. After a 1.55% decline in the previous session,
The Budget reframes healthcare as a strategic national capability, backing biopharma innovation, workforce expansion and technology-led governance to power India’s next growth phase, says Sangita Reddy. Kindly note this illustration was generated using ChatGPT and is only used for representational
The general hiring environment remained challenging, with global capability centres being the only bright spot. IMAGE: Info Edge Founder Sanjeev Bikhchandani. Illustration: Dominic Xavier/Rediff Key Points Realisations in the segment may remain under pressure Uncertainty in the US is affecting
The commitment to halt Russian oil purchases removes the additional 25 per cent punitive tariff earlier imposed, effectively lowering the applied US tariff on Indian exports to 18 per cent from 50 per cent. Image used only for representation. Photograph: Richard
Reduction of US tariffs on Indian goods from 50 per cent to 18 per cent enhances India’s competitive position among emerging markets. Photograph: Amit Dave/Reuters Key Points From the 30 Sensex firms, Adani Ports surged 9.12 per cent Prominent winners
QSR chain Burger King parent Restaurant Brands Asia reported a narrower loss for the December quarter, supported by double-digit revenue growth and a sharp improvement in operating profitability. The Burger King India operator posted a net loss of ₹43.5 crore
MUMBAI: Bain Capital-backed auto components maker Dhoot Transmission Ltd has filed draft papers with the Securities and Exchange Board of India (Sebi) under the confidential pre-filing route, according to a public announcement in local newspapers on Tuesday. The Aurangabad-based company
Companies like Anant Raj, Lodha, L&T Realty, DLF, Panchshil Realty, Rustomjee, the Hiranandani group, Mindspace Reit, and Adani Realty have entered the segment in recent years. Photograph: Kind courtesy CtrlSDatacenters/facebook.com Key Points Developers will view data centres as long-term, stable-yield assets
Utility vehicles — consisting Grand Vitara, Brezza, Ertiga, and XL6 — however, rose to 75,609 units last month as against 65,093 units a year ago. Photograph: Hamad I Mohammed/Reuters Key Points SUV Victoris achieved a milestone of 50,000 units in
This continued selling pressure by FPIs reflects a combination of global and domestic drivers impacting foreign investor sentiment. Illustration: Dominic Xavier/Rediff Key Points The weakening rupee has also magnified the impact of outflows The key reasons for the FPIs sell-off
