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Asian stock markets are trading on a mixed note on Friday, as upbeat earnings from Taiwan Semiconductor Manufacturing Company (TSMC) supported confidence in artificial intelligence-linked stocks, even while broader regional sentiment remained cautious.Taiwan was up 2.11% or 649 points to 31,459. In South Korea, Kospi was trading in green, with a gain of 30 points…
MUMBAI: Citi expects a repeat of, or potentially a new record, equity IPO issuance in India in 2026, with total fund-raising of $15-20 billion, while a sharp pickup in external commercial borrowings (ECBs) could follow if proposed regulatory changes are implemented. Net foreign portfolio investor (FPI) inflows into equities, however, are likely to turn decisively…
NEW DELHI: In a big relief to millions of its members who face difficulty in validating their past service records while filing advance or final settlement claims, Employees Provident Fund Organisation (EPFO) is set to deploy new-age technologies like artificial intelligence (AI), blockchain and machine learning (ML) to authenticate member records, reports Shiva Rajora.“People who…
Stock market today (AI image) Stock market today: Indian stock market benchmark indices, Nifty50 and BSE Sensex, opened in green on Friday. While Nifty50 was above 25,700, BSE Sensex was up over 200 points. At 9:16 AM, Nifty50 was trading at 25,712.30, up 47 points or 0.18%. BSE Sensex was at 83,611.83, up 229 points…
NEW DELHI: People with job cards assigned under Mahatma Gandhi National Rural Guarantee Scheme will be able to get work without disruption when transition takes place to new rural employment framework under Viksit Bharat-Guarantee for Rozgar and Aajeevika Mission (Gramin) Act.Even though exact timeframe is not known yet, rural development ministry officials said the VB-G…
NEW DELHI: Unemployment rate for those in the 15 years and above age group inched up marginally in Dec while the labour force participation rate (LFPR) maintained an upward momentum, the periodic labour force survey monthly showed ThursdayThe overall joblessness rate was estimated 4.8% in Dec compared to 4.7% in Nov. The survey results showed…
New Delhi: India’s trade deficit widened to $25 billion in Dec as imports grew 9% to $63.6 billion, driven by electronics, fertiliser and silver shipments. In contrast, exports went up 1.9% to $38.5 billion with the value of consignments to the US staying flat.Exports to the US, where Indian goods face a 50% tariff, were…
NEW DELHI: In a setback to private equity player Tiger Global, the Supreme Court Thursday ruled that its $1.6-billion stake sale in Flipkart to Walmart is subject to taxes in India, setting a precedent for investors that use tax treaties.Setting aside a Delhi high court order, a bench of Justices J B Pardiwala and R…
NEW DELHI: India and the European Union are “very close” to finalising a trade deal with negotiators from the two sides working hard to bridge the gaps before the leaders from the two sides meet here around Republic Day, commerce secretary Rajesh Agrawal said Thursday.“We have closed 20 out of 24 chapters completely. There are…
India’s merchandise exports to the US slipped 1.83% year-on-year to $6.88 billion in December 2025, weighed down by higher tariffs imposed by Washington, according to Commerce Ministry data released on Thursday, PTI reported.Exports to the US had stood at $7.01 billion in December 2024. The latest contraction follows declines in September and October last year,…
