Shares of Indian banks rose more than 1% on Tuesday after the central bank released details of its forex swap facility for overseas borrowings by lenders. Banks can avail concessional…
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India bonds to extend gains as easing oil boosts sentiment
Indian government bonds are likely to extend gains in early deals on Tuesday, tracking a pullback in oil prices, with sentiment also supported by a slate of central bank measures…
Tata Steel and Tata Projects plan bond sales after year-long gap, bankers say
Two of the Tata Group’s infrastructure units are set to return to the corporate bond market in the coming days, after more than 15 months, two merchant bankers said on…
Vodafone Idea, Bharti Airtel trade flat after early gains on Bombay HC relief in spectrum dues case
Shares of Vodafone Idea and Bharti Airtel turned flat in trade on Tuesday after rising in early deals following the Bombay High Court’s decision to set aside the Centre’s retrospective…
NLC India falls over 4% after Govt launches OFS at discount
Shares of NLC India fell 4.6 per cent in early trade on Tuesday after the government announced an offer-for-sale (OFS) to divest up to a 3 per cent stake in…
Crude oil futures decline after Iran, Israel agree to stop attacks
Crude oil futures traded lower on Tuesday morning after Iran and Israel agreed to stop attacks on each other. At 9.57 am on Tuesday, August Brent oil futures were at…
Govt’s 3% share sale in NLC India opens for subscription
The government’s offer for sale of up to 3 per cent stake in NLC India got off to a smooth start on Tuesday, with strong participation from non-retail investors. Non-retail…
Perplexity plans IPO in 2028, ‘agnostic’ of OpenAI, Anthropic’s listings, says CEO Aravind Srinivas: Report
Artificial intelligence (AI) player Perplexity is aiming to finalise its initial public offering in 2028 regardless of how rivals Anthropic and OpenAI fare with their own IPOs, CEO Aravind Srinivas…
India’s growth silver linings face war and drought clouds
India’s economy ended FY26 on a strong note, with GDP growth accelerating to at least a 12-quarter high of 7.7%. The growth print was much higher than economists’ expectations of…
I run a fast-food stall: I asked ChatGPT how to scale intelligently to take home ₹1.5 lakh every month
I run a fast-food stall in Kolkata in an office area. My monthly turnover is around ₹3 lakh, which sounds decent, but my profit is only about 20%. I have…