IT stocks snapped a five-session winning streak on Friday, with investors booking profits after the sector’s sharp rally this month and global sentiment shifting back towards AI-linked chipmakers following a…
Category: Testing
PwC joins KPMG, EY and Deloitte in Big Four’s AI troubles
PwC has become the latest member of the Big Four consulting firms to come under scrutiny over the use of artificial intelligence (AI) in its research reports after an investigation…
Sensex, Nifty trade flat as Bajaj twins rally; IT stocks snap winning streak
Benchmark indices opened on a subdued note on Friday, with gains in financial stocks helping the market stay in positive territory despite a sharp decline in information technology shares after…
Johnson & Johnson ready to pay billions in US. Why doesn’t the same happen in India?
Every now and then, headlines emerge of global companies paying millions or even billions of dollars to compensate consumers overseas. tens of thousands of lawsuits in the US over claims…
RBI changes the rules on bank deposit rates: What it means for you from October 1
If you have ever wondered whether your bank gives a better fixed deposit rate to a large corporate client than it gives to you, the Reserve Bank of India has…
Indian rice export prices climb to 10-month high: What’s behind the rise?
Indian rice export prices have climbed to their highest level in nearly 10 months, Reuters reported. The increase comes at a time when India continues to remain one of the…
Indian jewellery demand fell 15% to 75 tonnes in June Quarter
Demand for Indian jewellery fell 15% YoY to 75 tonnes, while global demand also took a hit, falling to its worst in the second quarter since the Covid pandemic, as…
After mid-cap rally, it’s time for large-caps to shine, says Jefferies’ Chris Wood
India’s stock market could see a shift in leadership after the strong rally in mid-cap stocks. Chris Wood, Global Head of Equity Strategy at Jefferies, believes large-cap companies may now…
Markets end higher as auto stocks lift market despite Fed jitters
Benchmark indices ended higher on Thursday after a volatile session, with gains in automobile stocks, supported by upbeat quarterly earnings, helping the market overcome global uncertainty following the US Federal…
8th Pay Commission: When can central government employees expect a salary hike?
More than seven months after the 8th Central Pay Commission (CPC) was constituted, lakhs of central government employees are still waiting for clarity on when their salaries will be revised.…