Asian markets rallied on Thursday, with the Australian dollar reaching an eight-month high as upbeat earnings and fresh trade deals lifted investor appetite for riskier assets.Japan’s Topix index touched a record high, tracking Wall Street’s overnight gains, after a new trade agreement between Japan and the US fueled hopes of more deals to avoid sweeping…
Infosys Q1 earnings: Net profits jump 9%, revenues 8% BENGALURU: Infosys delivered a resilient performance in a challenging environment, outperforming other tier-1 players and raising the lower end of its guidance. The company reported a 3.8% year-on-year revenue growth in constant currency for the June quarter, along with a sequential growth of 2.6%. Its operating…
MUMBAI: Indians are sending less money abroad. Under the liberalised remittance scheme (LRS), overseas remittances by resident individuals fell to $2.3 billion in May 2025 from $2.5 billion in April. This marks a further decline from the average monthly outflow of $2.5 billion in FY25 and $2.8 billion in FY24.While sending money abroad for education…
MUMBAI: Tilaknagar Industries, maker of Mansion House brandy is acquiring the Imperial Blue business from the Indian unit of French liquor giant Pernod Ricard in a Rs 4,150-crore all-cash deal to “fast-track” its foray into the whisky segment. The transaction includes deferred payment of Rs 282 crore, to be paid four years after the deal,…
Top stocks to buy today (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, Balkrishna Industries, Sona BLW Precision Forgings, and Hindalco are the top buy calls for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for July…
India’s ambitions in electronics, electric vehicles (EVs), and clean energy may face critical challenges due to its limited domestic production of rare earth elements (REEs), despite holding sizable reserves. China continues to dominate the global REE supply chain, controlling over 90 per cent of the world’s processing and magnet-making capacity, reported ET.Rare earths, 17 elements…
India’s efforts to strengthen its global trade ties, including the upcoming free trade agreement (FTA) with the UK, present a timely strategic opportunity amid rising global uncertainties, the Reserve Bank of India (RBI) has said. In its July bulletin released on Wednesday, the central bank noted that building resilient trade partnerships could help India deepen…
This is an AI-generated image, used for representational purposes only. India and the UK are set to sign a wide-ranging free trade agreement on Thursday during Prime Minister Narendra Modi’s London visit, unlocking major tariff cuts and service sector benefits after three years of negotiations. The pact promises gains for exporters, professionals and businesses on…
File photo: Personal finance author Robert Kiyosaki (Picture credit: X/@theRealKiyosaki) Personal finance author Robert Kiyosaki has once again raised alarm over the state of the global financial system, urging investors to abandon fiat currencies and instead turn to real assets like gold, silver, and Bitcoin. In a fresh social media post on X, the Rich…
Representative image (ANI) The irregular distribution of rainfall across different states in the country is expected to cause some supply distress in terms of prices of key crops, according to a recent report by ICICI bank, quoted by ANI.The report points out that the low rainfall in some regions could lead to crop damage, creating…
