Category: Uncategorized

The merger could strengthen Musk’s push to build AI-powered data centres in space, reducing energy costs and boosting competitiveness against rivals like Google, Meta and OpenAI | Photo Credit: NEW YORK, Jan 29 (Reuters) – Elon Musk’s SpaceX and xAI are in discussions to merge ahead ‍of a blockbuster public offering planned for later this […]

The Indian capital markets helped finance economic growth by channelising savings to investments, but in order to finance sustained growth, the country must strengthen long-term capital markets, said the Economic Survey for FY26 tabled in Parliament. The Survey noted that the corporate bond markets were shallow and illiquid, securitisation was limited, municipal bonds were underdeveloped, […]

The scheme was filed post the receipt of a letter with “no adverse observations” from National Stock Exchange of India Limited and BSE Limited.  Chennai-based listed education enterprise Veranda Learning Solutions Limited has filed the scheme pertaining to the demerger of its commerce vertical with the National Company Law Tribunal (NCLT), Chennai. The scheme was […]

Improved global risk sentiment may encourage short-covering and fresh buying, though pressure on the rupee, continued foreign fund outflows and geopolitical tensions remain near-term headwinds. Indian equity markets are likely to stay firm at the opening on Thursday amid positive global cues. Trade Deal Boost Trideep Bhattacharya, President and CIO, Equities, Edelweiss MF, on the […]

Indian ‍oil-to-metals conglomerate Vedanta said ​on Tuesday it ‌will sell ​a 1.59 per cent stake in unit Hindustan Zinc, valued at ₹4,872 crore ($531.3 million), according to ​Reuters calculations. As ⁠of December 31, Vedanta held 61.84 per cent of ​the zinc ⁠and silver miner. The Indian government is Hindustan Zinc’s second-largest ‌shareholder, with a ‌27.92 […]

With gold prices surging, the Union Budget is likely to provide a higher allocation to the Gold Reserve Fund in both the revised estimates (RE) for FY26 and the budget estimates (BE) for FY27. The fund is primarily used to meet redemption payouts under the Sovereign Gold Bond (SGB) scheme. A key driver of the […]

India’s global energy engagement has undergone a quiet but decisive shift over the past three decades, evolving from a hydrocarbons-centric dialogue anchored by the Petrotech conference to a broader, integrated and transition-ready platform under India Energy Week. The fourth edition of India Energy Week (IEW) will take place from January 27-30, 2026, in Goa, bringing […]

Foreign institutional investors sold equities worth ₹22,530 crore in the first half of January, extending their selling streak | Photo Credit: VIVEK BENDRE Indian equity derivatives markets are signalling a range-bound near term for benchmark indices, with options positioning and foreign portfolio behaviour suggesting traders are more focused on risk management than fresh buys. The […]

Silver has been stealing the limelight in India, up more than 200 per cent in a year, while gold is up over 80 per cent. Two friends meet near a jewellery store window and decide to decode one number that quietly links both metals, the gold-silver ratio. Sonakshi: Look at this newspaper article. Silver (domestic […]

Among the top six major states that account for nearly 90% of the national coverage under wheat, the acreage in UP was 2% lower at 94.13 lh, Punjab 1% down at 34.89 lh and Bihar 13% lower at 19.92 lh. A marginal drop in wheat area this year in Uttar Pradesh, Punjab and Bihar has […]