Bitcoin and ether tumbled to multi-month lows on Friday as investors pulled back from riskier assets amid concerns over stretched tech valuations and fading expectations of near-term US rate cuts, Reuters reported. Bitcoin, the world’s largest cryptocurrency, dropped 5.5% to a seven-month low of $81,668, while ether slid more than 6% to $2,661.37, hitting a…
Tata Power has signed commercial agreements with Druk Green Power Corporation to acquire a 40 per cent stake in a special purpose vehicle (SPV) to develop the 1,125 MW Dorjilung Hydroelectric Power Project in Bhutan, the company said on Friday. The equity commitment is valued at approximately Rs 1,572 crore and will be infused in…
The US government will not publish consumer inflation data for October after a 43-day federal shutdown disrupted data collection, intensifying uncertainty ahead of the Federal Reserve’s December policy meeting.The Bureau of Labor Statistics (BLS) said it “is unable to retroactively collect” consumer price data for October and will not release the report originally scheduled for…
Kotak Mahindra Bank on Friday said its board has approved a sub-division of equity shares in a 1:5 ratio to make the stock more affordable and enhance market liquidity. The decision was taken on the lender’s 40th foundation day and is subject to statutory and regulatory approvals, the private sector bank said in a regulatory…
Sebi has barred mutual fund schemes from investing in pre-IPO share placements but will allow participation in anchor rounds of public issues, a source told PTI citing the move is intended to improve liquidity and ensure clearer valuation of companies ahead of listing.“We have asked mutual fund schemes not to invest in pre-IPO placement of…
The Congressional Budget Office has lowered its projection of how much President Donald Trump’s tariff increases will reduce US budget deficits over the next decade. The non-partisan agency now expects the duties to cut deficits by $3 trillion through 2035, down from the $4 trillion estimated in August, as per news agency Reuters.According to the…
The International Monetary Fund (IMF) highlighted persistent corruption challenges in Pakistan, warning that systemic weaknesses across state institutions could limit economic growth unless urgent reforms are undertaken, Dawn reported.The IMF’s Governance and Corruption Diagnostic Assessment (GCDA) is a prerequisite for its executive board to approve a $1.2 billion disbursement, expected next month. The report, as…
Top stocks to buy (AI image) Stock market recommendations:According to Bajaj Broking Research, the top stock picks for November 21, 2025 are Fortis Healthcare, and Jio Financial Services. Here’s its view on Nifty and Bank Nifty:Index View: NIFTYBenchmark indices snapped its two weeks losing streak supported by record low India CPI data and as U.S….
BENAGALURU: As TCS begins executing its multi-billion-dollar AI data centre blueprint, the company is positioning HyperVault at the heart of its ambition to become the largest AI-led technology services provider. In an interview to TOI, TCS CEO K Krithivasan and its chief strategy officer Mangesh Sathe outline India’s rising digital footprint makes AI compute capacity…
MUMBAI: Strong gains in index heavyweights Reliance Industries and HDFC Bank on Thursday propelled sensex to within half a percentage point of its all-time high peak of 85,978 points, recorded nearly 14 months ago. Sensex closed the session 446 points up at 85,633 points, its fourth consecutive day of gains. At Thursday’s close, while sensex…
