Business

China’s new supply chain control regime is emerging as a potential challenge to India’s ambitions of positioning itself as an alternative global electronics manufacturing hub, with industry players reaching out to the Centre seeking support, ET reported.According to people aware of the matter, Beijing introduced the curbs in April as part of efforts to strengthen…

The rupee ended higher on Thursday snapping a two-week losing streak after strong intervention by the Reserve Bank of India (RBI) helped support the domestic currency, though elevated oil prices and geopolitical risks continued to cloud the outlook, Reuters reported.The rupee settled at 96.20 against the US dollar, up 0.6 per cent from its previous…

Union commerce and industry minister Piyush Goyal on Thursday addressed concerns around the rupee’s decline, the widening current account deficit (CAD), and shared updates on the progress of the proposed US-India trade deal.Goyal said the Centre was actively considering several measures to contain further pressure on the CAD, while stressing that different arms of the…

Prime Minister Narendra Modi’s recent five-nation visit has helped India secure an investment pipeline worth nearly $40 billion, with several multinational firms committing fresh investments and expansion plans across key sectors.PM Modi held meetings with chief executives and senior representatives of over 50 global companies during the tour, covering sectors such as semiconductors, logistics, infrastructure,…

NVIDIA delivered record-breaking first-quarter FY27 results, with revenue soaring to $81.6 billion on the back of strong demand for its data centre business and AI-related offerings. The company reported an 85% jump in revenue from the same quarter last year, while quarterly revenue also grew 20% sequentially, driven largely by continued expansion in its data…

After hitting multiple record lows in past sessions, Rupee staged a comeback in early trading on Thursday, gaining 61 paise to trade at 96.25 against the US dollar. The rebound came as oil prices eased, a factor that had been dragging down the domestic currency in recent sessions.According to traders cited by Reuters, rupee was…

Top stocks to buy today (AI image) Top stock market recommendations: Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group has recommended Varun Beverages, Max Healthcare Institute, and Page Industries as the top buy calls for May 21, 2026. He also shares his outlook on Nifty, and Bank Nifty.Index View: NiftyNifty…

The world could soon get its first trillionaire!Elon Musk, already the richest person on the planet, is now inching closer to the unprecedented milestone as SpaceX gears up to go public. The initial public offering (IPO) is expected to be the biggest stock market debut in Wall Street history.Earlier on Wednesday, the rocket and satellite…

NEW DELHI: Amid the conflict in West Asia, output in India’s eight core infrastructure industries inched up to 1.7% in April from the upwardly revised 1.2% in March, latest official data released Wednesday showed. Notably, as many as four industries linked to energy sector and the fertiliser industry registered a decline in output during the…

Oil prices edged higher on Thursday as continuous supply disruptions due to the Iran conflict raised concerns over tightening fuel reserves across the globe. Benchmark oil prices traded marginally higher, with WTI Crude rising 0.58% to $98.83 a barrel and Brent Crude gaining 0.44% to $105.5 a barrel.The recovery comes after a sharp decline on…