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Updated: 3 hours 23 min ago
What does Chris Wood think about stock markets, defence stocks, US dollar?
The most likely bloc to enjoy long-term appreciation against the USD remains Asian currencies in what amounts to a reversal of the dynamic triggered by the Asian Crisis nearly 30 yrs ago, Wood said
India's car-centric growth is driving the middle class to frustration
At 6 million-plus kilometers (4 million miles), India's road network is now the second largest in the world after the US, according to official data from New Delhi.
Stock Market LIVE: GIFT Nifty signals positive open for Sensex, Nifty; Asia climbs; US ends mixed
Sensex Today | Stock Market LIVE on Friday, May 23, 2025: at 6:40 AM, GIFT Nifty futures were trading 45 points higher at 24,697, suggesting a higher start for the markets.
Trump admin revokes Harvard's eligibility to enrol international students
Homeland Security Secretary Kristi Noem ordered the Department of Homeland Security (DHS) to terminate the Harvard University's Student and Exchange Visitor Program (SEVP) certification.
RBI sells $34.5 bn in FY25, highest since global financial crisis
RBI sold $34.5 billion in FY25 to stabilise the rupee amid US dollar strength, with forex reserves dipping and experts predicting record surplus transfer to government
Govt to have a say in new payments regulatory board with a significant role
RBI governor, as chair of the board, will have casting vote
Tata Steel completes 5MT Kalinganagar expansion; capacity crosses 26MT
Tata Steel aims to target supply advanced high-strength steels for sectors like automotive, infrastructure, power, shipbuilding, and defence with the expansion
TMRW, LiteStore partner to add 25,000 sq ft in retail over 18 months
The expansion includes exclusive brand outlets, multi-brand stores and premium centres, with brands like Wrogn, Bewakoof and Nobero entering offline retail presence
Grasim Q4FY25 profit increases 9.2%; gains 10% share in paints market
Grasim Industries posts strong Q4 with 9.2% rise in profit and 17.3% revenue growth led by cement, paints and financial services while FY profit dips on higher costs
President Murmu awards 6 Kirti, 33 Shaurya Chakras for gallantry
President Droupadi Murmu conferred 6 Kirti Chakras and 33 Shaurya Chakras to brave personnel from the Army, Air Force, Navy, CRPF, and J&K Police for gallantry in anti-terror operations
Biocon Biologics gets six-month extension of insulin supply in Malaysia
Biocon Biologics to continue insulin supply in Malaysia through October 2025 as MoH extends existing contract under partnership with Duopharma and Biocon Sdn. Bhd.
IndusInd Bank, Nestle India dropped from BSE Sensex in index rejig
IndusInd Bank and Nestle India will be removed from the BSE Sensex as part of the index rebalancing effective June 23, 2025, with Trent and Bharat Electronics set to join the benchmark index
Sun Pharma Q4 results: Profit down 19% at Rs 2,149.8 cr, revenue up 8%
Sun Pharma attributed the lower growth in the quarter partly to softer sales in January and February in the US, which is a typical trend
Mutual trust, respect and sensitivity key to India-China ties: MEA
MEA reiterates that China's military support to Pakistan threatens mutual trust and respect as India presses Beijing and Turkiye to act on cross-border terrorism
ITC Q4FY25 results: Adjusted profit rises 3% to Rs 5,155.27 crore
ITC reports Rs 5,155 crore adjusted PAT in Q4FY25, with one-time hotel demerger gain pushing reported profit to Rs 19,727 crore amid rising input costs and weak demand
NTPC Green Energy wins 80MW battery storage project in Kerala auction
NTPC Green Energy Ltd (NGEL) emerged as the winning bidder in the e-reverse auction conducted by NHPC on May 21, 2025, a regulatory filing said
Centre justifies revoking Celebi clearance, cites national security risk
The Indian government defended revoking Celebi's security clearance in court, citing national security concerns. Celebi claims the move was sudden, vague, and impacts jobs and investor confidence
Vishal Fabrics profit rises 13% in FY25 despite industry headwinds'
Despite global challenges and industry headwinds, our focus on efficiency, quality, and customer satisfaction has enabled us to achieve consistent growth- CFO said
Fitch upgrades India's medium-term growth outlook to 6.4% till FY26
Fitch Ratings raises India's medium-term growth forecast to 6.4% citing higher labour force participation, even as it trims projections for most emerging markets
Aakash accuses EY of conflict of interest, seeks Byju's-linked records
AESL has accused EY of conflict of interest for advising both AESL and Byju's during their failed acquisition and demanded disclosure of all related documents and communications