Spike in US bond yields impacting capital flows to emerging markets like India

New Delhi (IANS) A sharp spike in US bond yields is impacting capital flows to emerging markets like India, says V. K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

There are two dominant factors influencing equity…

Global uncertainty, domestic disruptions to keep inflation high for coming months: Economic review

New Delhi (IANS) Alhough domestic consumption and investment demand are expected to continue driving growth, global uncertainty and domestic disruptions may keep inflationary pressures elevated for the coming months, warranting greater vigilance by…

99% of Indian B2B SaaS firms embrace DeepTech innovations: Report

New Delhi, (IANS) Around 99 per cent of Indian B2B software-as-a-service (SaaS) companies have embraced DeepTech innovations as a strategic approach to address their clients' needs and challenges, a report showed on Tuesday.

Artificial…

BOB withdraws auctioning of Sunny Deol’s property, union alleges 'BJP style of phone banking'

Chennai (IANS) After the Central government-owned mortgage lender, Bank of Baroda (BOB) decided to withdraw its decision to auction BJP MP and actor Sunny Deol’s Mumbai property, the major banking sector union has criticised the move.

The bank,…

India sees over 120% growth in EVs, hybrid vehicles surge 400%

New Delhi (IANS) India saw 120 per cent growth in electric vehicles (EVs) in the second quarter of this year, driven by a 400 per cent surge in hybrid vehicles, a report showed on Monday.

Assistance systems (ADAS) rapidly expanded by 350 per…

Brightcom Group shares fall over 50% from 52-week high

New Delhi (IANS) Brightcom Group stock is more than 50 per cent down from its 52 week high. As per Trendlyne data, Brightcom Group stock has fallen 50.51 per cent from 52 week high of Rs 48.8.

Brightcom Group shares ended down by 5 per cent…

Urge India to reconsider PC import restrictions: Top industry groups ask US govt

San Francisco/New Delhi (IANS) Top industry groups and tech giants, including Apple and Intel, have sent a letter to the US Department of Commerce, protesting against India's recent import restrictions on PCs, laptops and servers. 

In the…

Domestic as well as global markets expected to remain under pressure for week

New Delhi (IANS) Investor sentiment remains subdued due to the high volatility of the global currency market, leading to a high depreciation of EM currencies, which affects the performance of equities, says Vinod Nair, Head of Research at Geojit Financial…

Powered by govt push, UPI transactions shot up to Rs 83.2L cr in 2022

New Delhi, (IANS) Unified payments interface (UPI) transactions rose manifolds between 2018 and 2022 in terms of value as well as volume, by 1,320 per cent and 1,876 per cent respectively.

In 2018, UPI transactions in terms of volume stood…

Titan hikes stake in CaratLane for Rs 4,621 cr

New Delhi (IANS) The Titan company has entered into a share purchase agreement today to acquire the entire 91,90,327 equity shares held by the founder of CaratLane Trading Private Limited (CaratLane) and his family members representing 27.18 per cent…