7929 వార్తలు
The meeting between the leaders of Australia's key trading partners is seen as a test for risk appetite in the resource-heavy bourse, with any thaw in relations likely to buoy miners, while renewed friction could deepen concerns over tariffs, inflation and global growth.
Indian IT stocks extended their decline for a fourth straight session as investors trimmed exposure amid weak growth visibility, muted client spending and rising concerns over AI-driven disruption. The Nifty IT index fell sharply, with major names including Infosys and Tata Consultancy Services sliding on cautious guidance and deflationary headwinds.
Metropolis Healthcare reported a strong Q4 with significant growth in revenue, patient volumes, and profitability, driven by a shift towards specialized and preventive diagnostics. The company anticipates a steady medium-term growth of 14-15% CAGR, supported by successful integration of acquisitions and operational efficiencies.


A man shared tips and tricks to work from Bengaluru mall without spending money. He claimed that anyone can use free WiFi, AC and charging ports in different corners of the mall. Check out how.

US efforts to end the war with Iran were dealt a setback after a commercial vessel was apparently seized by unauthorized personnel near the United Arab Emirates, increasing uncertainty over control of the critical Strait of Hormuz.

Tech shares helped Wall Street indexes notch record closing levels overnight, and gains by Japanese companies linked to the artificial intelligence boom were enough to give the Nikkei an early advance.
Investors had very low expectations from the summit, but hoped for at least reassurances about an extension of a Sino-U.S. trade tariff truce, and no surprise blowups.
China's yuan reached a three-year high against the dollar as investors awaited outcomes from the Xi-Trump summit. While stock markets saw profit-taking, the focus shifted to AI advancements, with expectations low for major trade breakthroughs. Both leaders aimed to project stability, with potential for a managed trade mechanism on non-sensitive goods.

The matter pertains to a public interest litigation filed by advocate Shirshanya Bandyopadhyay on behalf of the Trinamool, alleging attacks on party offices and violence against its workers.

In the viral video, Maharashtra Chief Minister Fadnavis is seen arriving at the Vidhan Bhavan in South Mumbai on a motorbike from his residence 'Varsha', with BJP leader and minister Ashish Shelar accompanying him.
India is reportedly considering a significant reduction in taxes for foreign investors on its bonds. This move, recommended by the Reserve Bank of India and seriously considered by the Finance Ministry, aims to align with global norms, attract inflows, and curb the rupee's depreciation. The rupee recently hit a record low against the U.S. dollar.

Copper prices are surging, driven by a confluence of factors including geopolitical tensions, structural supply shortages, and booming AI-driven demand. The metal is increasingly viewed as a strategic commodity for the AI era, with markets anticipating a prolonged supply crunch due to underinvestment and long lead times for new mining projects.

All 10 accused, including the main perpetrator, Dr Umer Un Nabi (deceased), were linked to Ansar Ghazwat-ul-Hind (AGuH), an offshoot of the Al-Qaida in the Indian Subcontinent (AQIS), as per the chargesheet filed before the NIA special court at Patiala House Courts here.
Indian stock markets are becoming cautious. Geopolitical tensions and rising crude prices are impacting earnings outlook. Investors are in a 'wait and watch' mode. Higher commodity prices are starting to build pressure. Companies may raise prices, affecting demand and profits. Valuations are not yet attractive for aggressive buying. Largecaps are preferred amid uncertainty. Financials, telecom, and healthcare sectors show promise.
Indian corporate profits are currently strong. However, rising input costs present a significant challenge ahead. Investors should remain patient and selective. Sectors like defence, affordable housing finance, and healthcare offer relative stability. Telecom's Bharti Airtel is a key pick. Real estate faces headwinds, except for the affordable segment. The road ahead involves margin pressure and divergence.
Zydus Lifesciences shares witnessed a spike on Thursday after the company said its board will meet on May 19 to consider a share buyback. The stock also gained momentum as Zydus announced a $166 million acquisition of US-based Assertio. Investor sentiment improved on expectations of capital return and strategic business expansion.

As markets grow volatile, the Economic Times' Alpha Wealth Summit in Mumbai will gather experts to discuss future wealth creation. Sessions will cover finding alpha, building a Rs 100 crore portfolio in a lower-return environment, and navigating India's next decade amidst AI's rise.

Bitcoin slipped near the $79,600 mark as the broader crypto market weakened amid inflation concerns and cautious investor sentiment. Analysts said traders are closely tracking US macroeconomic data and geopolitical developments, while continued profit-booking and fading momentum kept pressure on major cryptocurrencies and altcoins.