Ai image.jpg

Asian stocks today: Markets trade in red as tech stocks tumble; Kospi falls 4%, Nikkei down 600 points

Asian markets opened lower on Thursday, after fresh losses in US technology stocks that weakened investor confidence across the region. Overnight losses on Wall Street weighed down sentiment, even as US stock futures showed modest gains. Hong Kong’s HSI was down 1.2% or 340 points to 26,506. In Japan, Nikkei shed 604 points to reach…

Read More
Sebi pan india outreach programme.jpg

Crypto awareness outscoring bonds disappoints Sebi chief

SEBI chief Tuhin Kanta Pandey (PTI photo) MUMBAI: Sebi chairman Tuhin Kanta Pandey Wednesday expressed his disappointment at the fact that more Indians know about cryptocurrency than about corporate bonds. “Sebi’s investor survey shows awareness of corporate bonds as an investment product is only about 10%, well below deposits, insurance, and small savings. Even cryptocurrency…

Read More
Swiggy.jpg

‘Budget move to accelerate urbanisation’: Swiggy MD

Sriharsha Majety, group CEO, Swiggy Swiggy MD & group CEO Sriharsha Majety has said that budget’s announcement to introduce City Economic Regions, will accelerate urbanisation and formalisation beyond the metros, while expansion of organised economic activity into Tier-II and Tier-III centres will be a key driver of incremental GDP creation over medium term.“Targeted investments in…

Read More
Bse.jpg

Techs sell-off on Dalal Street as Anthropic’s AI-app takes on Indian IT majors’ business

MUMBAI: A tech sell-off on Dalal Street on Wednesday—that came on the back of Anthropic’s launch of a new AI-led app that could potentially challenge existing business models of Indian software exporters—wiped off about Rs 1.75 lakh crore worth of market value. The sharp slide in sector leaders like TCS, Infosys and Wipro, also left…

Read More