Latest News, Updates & Breaking Headlines
Layoffs can be called as one of the ‘biggest’ words of 2025. Companies across sectors cut jobs. Some reasoned them on automation and some on restructuring or other factors. However, according to Goldman Sachs analysts, the era of Wall Street rewarding companies for cutting staff in the name of artificial intelligence may be coming to…
Elon Musk predicts a significant economic boom for the US, forecasting double-digit GDP growth within 18 months, driven by advancements in artificial intelligence. He believes AI will act as a productivity proxy, potentially leading to triple-digit growth in five years. This optimistic outlook contrasts with concerns about wealth disparity and economic risks. Tesla CEO Elon…
Amazon founder Jeff Bezos recently talked about the early gruelling days of Amazon. He revealed the challenges he faced while raising seed capital for his fledging online bookstore and admitted that his blunt honesty may have cost him potential backers. As reported by Fortune, speaking at the DealBook Summit with Andrew Ross Sorkin, Bezos revealed…
The National Highways Authority of India (NHAI) has received regulatory approval from the Securities and Exchange Board of India (Sebi) to register Raajmarg Infra Investment Trust (RIIT) as a Public Infrastructure Investment Trust (InvIT), paving the way for wider public participation in national highway assets. In a statement issued on Wednesday, NHAI said the Public…
Trading in Indian stock markets will be closed on Thursday, December 25, for Christmas, according to the exchanges’ holiday schedule.Both the BSE and the National Stock Exchange (NSE) will be shut for trading across segments on December 25. Normal trading activity will resume on Friday, December 26, 2025. This is the only stock market holiday…
Ambuja Cements has moved to consolidate the Adani Group’s cement assets by approving schemes to merge ACC and Orient Cement into itself, creating a single listed platform aimed at sharper operating leverage and cost synergies.The transaction is entirely share-based, with no cash payout. ACC shareholders will receive 328 Ambuja shares of face value Rs 2…
Understanding the tax treatment of financial products is critical for investors looking to optimise post-tax returns, and mutual funds are no exception. While there is no tax liability at the time of investing in or holding mutual fund units, tax comes into play when an investor sells, switches between schemes or redeems units. The tax…
IT electronics refurbishing company EPW India on Saturday said it has raised Rs 9.04 crore from anchor investors ahead of the launch of its initial share-sale for public subscription. The company has allotted over 9.32 lakh equity shares to Resonance Opportunities Fund, Universal Golden Fund and Getfive Opportunity Fund – I at an anchor investor…
Wall Street opened higher on Friday as gains in artificial intelligence-linked stocks helped lift investor sentiment, even as markets digested a widely expected interest rate hike by the Bank of Japan.In early trade, the S&P 500 rose 0.5%, extending gains from the previous session though the index remained lower for the week. The Dow Jones…
Gold February futures on MCX are trading near ₹1,34,100 after failing to sustain above recent intraday resistance levels. (AI image) Gold price prediction today: Gold is seeing selling pressure and the intraday bias is downward, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. He recommends selling on rise with resistance near…
