Tata Consultancy Services (TCS). File. | Photo Credit: Reuters IT major Tata Consultancy Services (TCS) stock fell 3.5% to ₹3,264.50 on Friday (July 11, 2025) following TCS missing quarterly net profit estimates and the bell weather company’s decision to defer hikes in salaries. Tata Consultancy Services (TCS)’s decision to defer hikes owing to an uncertain…
The forex traders said global market sentiments were dented as U.S. President Donald Trump imposed 35% tariffs on Canadian goods. Representational file image. | Photo Credit: Reuters The rupee depreciated 7 paise to close at 85.77 (provisional) against the U.S. dollar on Friday (July 10, 2025), on weak domestic markets and risk-off sentiments amid trade…
Stock markets mostly retreated as Trump ramped up his trade war. File | Photo Credit: Reuters Global stock markets mostly retreated on Friday (July 11, 2025) as U.S. President Donald Trump ramped up his trade war, threatening a higher blanket tariff and a 35% levy on Canada. Mr. Trump dampened earlier optimism by firing off more…
The story so far: India miner Vedanta Ltd.’s (VEDL) stock slumped nearly 8% on Wednesday (July 9, 2025) after Delaware-based Viceroy Research took a short on its UK-based parent Vedanta Resources (VRL)’s debt stack. In other words, wagering that the parent would default in repaying their debt. It held the holding company to be a…
Image for representational purposes only. | Photo Credit: Reuters The rupee fell 17 paise to 85.97 against the U.S. dollar in early trade on Monday (July 14, 2025) amid a strengthening greenback and FII outflows. Uncertainties over U.S. trade tariffs further pressured the rupee, according to forex experts. At the interbank foreign exchange, the local…
A screen displaying the Sensex is pictured at the Bombay Stock Exchange (BSE) building in Mumbai. | Photo Credit: Reuters Benchmark indices Sensex and Nifty dropped in early trade on Monday (July 14, 2025) amid selling pressure in IT stocks and foreign fund outflows. The 30-share BSE Sensex declined 232.93 points to 82,267.54 in early…
Jane Street has credited ₹4,843 crore to an escrow account with a lien marked in favour of SEBI. It has further stated this action had been undertaken by it without prejudice to its rights and remedies which remain available to them in law and equity. Jane Street has further requested SEBI that, following the creation…
Image used for representative purpose only. | Photo Credit: Reuters The rupee depreciated 22 paise and fell below 86 level to close at 86.02 (provisional) against the U.S. dollar on Monday (July 15, 2025) amid a rise in global crude oil prices and a strengthening greenback. Foreign fund outflows and delay in any breakthrough in…
The 30-share BSE Sensex dropped by 247.01 points or 0.30%, to settle at 82,253.46 and the 50-share NSE Nifty settled lower by 67.55 points or 0.27%, at 25,082.30. File | Photo Credit: Reuters Benchmark stock indices Sensex and Nifty declined on Monday (July 14, 2025), extending the losing run to the fourth day amid selling…
Image used for representative purpose only. | Photo Credit: Getty Images/iStockphoto Silver prices skyrocketed ₹5,000 to hit a fresh peak of ₹1,15,000 per kg in the national capital on Monday (July 15, 2025) as investors rushed to safe-haven assets following weakness in the U.S. Dollar amid uncertainties over U.S. tariff threats. According to the All…
