Shipments of personal computers grew 3.8 per cent on a year-on-year basis to 14.4 million driven by demand for gaming and AI-powered PCs, market research firm IDC said on Monday. IDC India, South Asia and ANZ, associate vice president for
Falling for the fifth day in a row on Monday, equity benchmark BSE Sensex tumbled over 1 per cent to drop below the crucial 75,000 level, tracking a US market trend and unabated foreign fund outflows amid concerns over US
Tesla needs to either sell the same models with reduced features to lower the cost for Indian market, or incur losses. IMAGE: A Tesla showroom. Photograph: Florence Lo/Reuters As the buzz around US electric vehicle (EV) major Tesla’s potential India
Global trends, trading activity of foreign investors and news flow on tariffs are expected to influence movement in the equity market in a holiday-shortened week ahead, analysts said. Equity markets would remain closed on Wednesday for ‘Mahashivratri’. “This week, we
Kotak Mahindra Bank’s net interest margin is likely to swell after the Reserve Bank of India (RBI) lifted its restrictions on the private lender that barred it from issuing fresh credit cards and onboarding new customers through digital mode, brokerages
‘It may take some time for them to get down to the details, such as the location and capacity.’ Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy Sanket Mishra/Pexels.com ChatGPT maker OpenAI has
Using the debt-to-GDP ratio as a fiscal anchor aligns with efforts to promote fiscal transparency through proper disclosure of off-budget borrowings. In 2018, the central government amended the Fiscal Responsibility and Budget Management (FRBM) Act, 2003, targeting to reduce the
‘The pain can be more in the days ahead.’ A man stands in front of a screen displaying news of markets updates inside the Bombay Stock Exchange building in Mumbai. Photograph: Francis Mascarenhas/Reuters The market correction in India since
Equity benchmark indices Sensex and Nifty ended lower on Friday, dragged by auto stocks and relentless foreign fund outflows. Photograph: Shailesh Andrade/Reuters Weak US markets and tariff threats also dented investor sentiment. The 30-share BSE benchmark Sensex dropped 424.90 points
Risks emerging from the US have left automotive investors worried. US President Donald Trump has announced 25 per cent tariffs on automotive imports, while global electric carmaker Tesla has taken its first steps towards entering India. Photograph: Eduardo Munoz/Reuters While
