Indian equities extended gains for a second day, with the Nifty 50 rising 141.75 points (0.55%) to 25,713 and the Sensex advancing 479.95 points (0.58%) to 83,294.66. The Nifty MidCap fell 0.43%, while the NSE SmallCap edged up 0.29%, reflecting mixed broader market performance. The indices closed higher after Donald Trump’s reciprocal tariffs were ruled […]
Gold and silver prices witnessed a sharp rise in the Hyderabad bullion market today, with 10 grams of 24-carat gold surging ₹2,070 to ₹1,61,350, and 10 grams of 22-carat gold rising ₹1,900 to ₹1,47,900. Meanwhile, silver increased by ₹10,000 per kilogram to ₹3 lakh. Similar price trends were observed across the two Telugu states.
The Indian domestic stock market opened on a positive note today, Feb 23rd. The BSE Sensex rose 92.12 points (0.11%) to 82,906.83 and the NSE Nifty-50 climbed 107.15 points (0.42%) to 25,678.40. The Indian rupee strengthened 18 paise to 90.76 against the US dollar. Market analysts also expect the bullish momentum to continue throughout the […]
Stock market investors and traders should keep a close eye on key stocks today, Feb 23, as Indian Domestic market movements are expected to be high active. Key stocks to watch today: ICICI, HDFC, IDFC First Bank, State Bank of India, Bharti Airtel, Adani Ports and SEZ, NHAI, HUL, UPL, RailTel Corporation of India, Allcargo […]
The draft Income Tax Rules 2026 proposes several updates that strengthen the old tax regime for some salaried taxpayers. It expands cities eligible for higher HRA exemptions, raises children’s education and hostel allowances, and increases meal voucher tax-exempt value. These enhance tax savings for those with high rent and multiple deductions.
Swiss pharmaceutical giant Novartis AG is exiting India by selling its 70.68% stake in Novartis India to ChrysCapital for ₹1,446 crore. Additionally, an open offer has been announced for an extra 26% stake, valued at ₹552 crore, at a price of ₹860.64 per share. The deal is expected to conclude by year-end, marking its complete exit.
Accenture announced that senior leadership promotions now require regular AI tool use. The decision follows 11,000 layoffs and $2 billion in severance. Employees’ AI activity will be tracked via internal platforms. Entry-level staff are exempt for now, but the move signals that AI proficiency is rapidly becoming essential across the IT industry.
Bitcoin has fallen over 45% since its October peak of $126,198. Analyst Peter Schiff warns on X that if it drops below $50,000, it could plunge to $20,000, an 84% fall. Schiff predicts a major US economic crisis, affecting crypto and dollars, while geopolitical tensions and ETF outflows add further pressure.
Piyush Goyal announced that an interim India-US trade agreement may be signed in March and implemented in April. The pact will cut US tariffs on Indian goods to 18%, boost exports in sectors like apparel, leather, gems, and spices, and secure high-tech imports, protecting sensitive industries while creating business opportunities.
Bloomberg reports that Amazon has become the world’s largest company, achieving $717 billion in sales in FY 2025 and surpassing Walmart at $713.2 billion. Growing ten times faster than Walmart over the past decade, Amazon has firmly established its dominant position in the global retail and e-commerce markets.
Indian markets rebounded Friday despite US-Iran tensions. The BSE Sensex rose 317 points to 82,814.71, while Nifty 50 gained 116 points to 25,571. PSU banks and metals led gains. Midcaps advanced, smallcaps slipped, and IT stocks lagged as investors returned after the previous session’s sharp sell-off.
Meta has reduced its annual stock option distribution by about 5% for most employees, as CEO Mark Zuckerberg invests billions in artificial intelligence initiatives. The social media giant, part of Silicon Valley’s competitive AI race, projects 2026 capital expenditures between $115 billion and $135 billion, declining further comment.