The Indian stock market is going through one of its worst phases in nearly three decades, with the Nifty 50 slipping 15% from its September peak. This marks its longest losing streak in 29 years, causing investor wealth to shrink by more than ₹90 lakh crore. On Friday, Nifty lost over 400 points, and the Sensex plunged by 1,400 points, sending shockwaves through Dalal Street.Investors are increasingly concerned about foreign institutional investor (FII) outflows, small- and mid-cap stock de

DBS Group, Southeast Asia’s largest bank, has announced plans to reduce its workforce by 4,000 employees over the next three years due to the increasing adoption of artificial intelligence (AI) and automation in banking operations. The move, confirmed by outgoing CEO Piyush Gupta, signals a major transformation in the financial sector, where AI-driven efficiencies are gradually replacing traditional job roles.   Speaking at an industry conference in Mumbai, Gupta r

Amazon has officially surpassed Walmart in quarterly revenue for the first time, marking a historic shift in the retail landscape. For over a decade, Walmart has consistently led the industry in revenue generation, but Amazon’s rapid expansion in eCommerce, cloud computing, and advertising has propelled it to the top. During the fourth quarter, Amazon reported a staggering $187.8 billion in revenue, surpassing Walmart’s $180.5 billion. While Wal

  The future of employment is shifting rapidly as artificial intelligence continues to revolutionize industries. Bill Gates, co-founder of Microsoft and renowned tech visionary, has predicted that only three sectors—energy, biology, and AI programming—will remain largely untouched by automation. His insights highlight the growing necessity for workers to adapt to the changing job landscape by acquiring skills that AI cannot easi

Indian stock markets witnessed a strong recovery as both Nifty and Sensex rebounded from their two-day losing streak. Nifty surged by 1.62%, gaining 378.20 points to close at 23,739.25, while Sensex saw a rise of 1.81%, adding 1,397.07 points and ending the session at 77,583.81. The market rebound was largely driven by strong performances in large-cap stocks, particularly in sectors such as finance and infrastructure. Despite the recovery in benchmark indices, the broader marke

On February 4, Indian stock markets experienced a strong rally as the Sensex and Nifty surged following positive global cues and optimism surrounding a potential rate cut by the Reserve Bank of India. The Sensex opened at 77,687.60 and gained over 700 points to reach 77,952, while the Nifty 50 opened at 23,509.90 and rose nearly 1% to 23,582. Mid-cap and small-cap stocks also posted gains, contributing to an overall bullish sentiment in the market. Investor confidence was boost

Summary: Indian stock market saw a sharp decline: Sensex fell over 700 points, Nifty down nearly 300 points. Decline triggered by global factors, including new US tariffs on Mexico, Canada, and China. Foreign investor selling pressure continues, with FPIs pulling out significant funds from Indian markets. Rupee hits a record low of Rs 87.07 against the US dollar. Despite post-Budget relief for some sectors, overall

The Securities and Exchange Board of India (SEBI) is exploring a new mechanism for regulating pre-IPO trading activities through a concept called 'when-listed' securities. This proposed measure would oversee the trading of stocks between an IPO's allotment and its official listing. According to SEBI's chief, Madhabi Puri Buch, the aim is to allow investors to engage in these trades in a regulated manner, as there is existing demand for such transactions. Currently, t

 Amitabh Bachchan’s Apartment Sale in Oshiwara Bollywood legend Amitabh Bachchan has recently sold his luxurious apartment in Oshiwara, Mumbai, for Rs 83 crore. The property is part of The Atlantis, a premium residential project located in the bustling Oshiwara area, known for its vibrant lifestyle and strategic location in western Mumbai. Pr

As the US tourism industry struggles to return to pre-pandemic levels, the hospitality sector has found hope in the rising number of Indian visitors. In 2024, nearly 1.9 million Indians traveled to the US, marking a 48% increase from 2019, driven by a rise in business and leisure visas. This influx is supporting the recovery of US tourism, with hotels and travel companies adjusting their offerings to cater to Indian tastes, such as providing chai and samosas in hotel lobbies and airing popula

As 2025 approaches, bridal hairstyles will feature a stunning blend of glamour and effortless chic. We will see a resurgence of voluminous, tousled waves, textured buns, and soft face-framing tendrils, inspired by vintage glam but with a modern twist. These styles, which balance sophistication with a playful edge, will make their mark not only on red carpets but also on bridal looks. Expect to see a ris

In 2024, the wedding industry in India has seen a resurgence in spending after the lull caused by the pandemic, with metropolitan cities driving a significant increase in demand for wedding services. Wedding budgets have grown by 6.7%, with the average expenditure reaching Rs 35.6 lakh. As wedding costs rise, so has the demand for gold and jewelry, especially due to the soaring prices of gold, which have increased from Rs 63,500 to Rs 80,000 per 10 grams. Destination weddings, which

In 2024, immunity-boosting drinks became a popular choice for people seeking natural remedies to strengthen their immune systems amidst health challenges and environmental concerns. These drinks, rich in herbs, fruits, and other natural ingredients, have gained prominence for their health benefits. Here's a look at the top immunity-boosting drinks of the year, one for each month, providing a seasonal and holistic approach to wellness. January: Golden Turmer

On Thursday, the Indian Rupee weakened to a record low of 84.88 against the US Dollar, following a series of declines this week. The rupee had opened flat at 84.85 for the second consecutive day, and this followed a similar trend on Wednesday when it closed at 84.84 after opening at 84.85. Earlier in the week, the rupee had weakened by 12 paise on Tuesday to close at 84.85, marking a new low. The domestic currency dipped to 84.73 on Monday, continuing its downward trajectory. Expert

Indian stock markets saw a strong rally this morning, buoyed by the BJP-led NDA's massive victory in the Maharashtra assembly elections, which is home to Mumbai, the financial capital of India. The BSE Sensex opened at 80,193.47 points and surged by about 1,300 points by 11 am, while the Nifty 50 gained more than 346.30 points to open at 24,253.55 points. This follows a strong session on Friday where both indices saw their best performance since early June. All 13 major sectors

In just two days, equity investors faced a staggering loss of ₹13 lakh crore in market valuation as the BSE benchmark Sensex saw a sharp 2.27% drop. The benchmark index shed 1,805.2 points, with a 984.23-point decline on Wednesday, November 13, 2024, ending at 77,690.95. Experts cited soaring retail inflation, which hit a 14-month high of 6.21% in October, persistent foreign fund outflows, and muted corporate earnings as the primary reasons behind the significant market correction

On Wednesday, the Indian stock markets showed a strong upward movement, with the Nifty 50 closing 1.12% higher at 24,484.05 and the BSE Sensex ending 1.13% up at 80,378.13. The rally was largely fueled by a significant surge in information technology (IT) stocks, including Infosys Ltd., Tata Consultancy Services Ltd. (TCS), and other major players in the sector. The rally was

On Tuesday, gold prices saw a significant rise, increasing by ₹300 to reach ₹81,400 per 10 grams in the national capital. This surge is attributed to the heavy demand from jewellers and retailers ahead of Dhanteras, a festival known for its traditional gold purchases, as reported by the All India Sarafa Association. Silver also experienced a boost, climbing by ₹200 to ₹99,700 per kg, driven by rising demand from industrial units and coin makers. The previous day, silver was

India's benchmark equity indices closed lower for a second consecutive week on Friday, as market sentiment was dampened by losses in major stocks such as Titan Co. and Tata Steel Ltd. On Friday, the Nifty index slipped by 0.10%, or 24.15 points, finishing at 24,974.3, while the Sensex declined by 0.22%, or 176.01 points, closing at 81,435.40. The decline was attributed to the performance of banking stocks and Tata Consultancy Services Ltd., which contributed significantly to the

The current market sentiment is subdued, with the potential for a fresh selloff if certain technical thresholds are breached. Analysts suggest that for the Nifty and Sensex to experience a significant decline, the indices would need to drop below their respective 20-day simple moving averages or fall beneath the 24,900 and 81,400 marks. If these levels are breached, the Nifty could slip to the 24,775-24,725 range, while the Sensex might drop to 81,000-80,800. On the other hand, for