BoFA Securities has a buy rating on Varun Beverages with the target price at Rs 550. Analysts said that VBL has acquired Twizza, the no 4 player in South Africa, enhancing production capacity with its three backward integrated facilities. This complements the company’s manufacturing footprint and strengthens VBL’s market position. The deal was done at…
Crypto markets are often explained through narratives. Political developments, regulatory headlines, institutional adoption and cycle-based expectations dominate the price action during volatile periods. These narratives influence positioning and sentiment, but over the past year, price sustainability has been dictated more by measurable capital flows, liquidity conditions and onchain behavior than by headlines themselves. Key takeaways:…
India crude oil imports (AI image) With supply of Russian crude hit due to US President Donald Trump’s sanctions, Indian refiners are looking at other sources of oil to fill the gap. Refiners are swiftly reshaping their crude sourcing strategy to offset reduced availability of Russian oil affected by US sanctions.While a more complete assessment…
One trader went against the current trend of low chances for a strike tonight by placing the new $40,000 bet. Source link
NEW DELHI: India faces a lower risk of AI-driven disruption to cognitive jobs compared to Western economies, IT secretary S Krishnan has said, citing the country’s relatively lower proportion of white-collar roles in the overall workforce, and highlighted that the dominance of Stem-based employment can yield newer opportunities.Krishnan said AI’s real impact will come from…
National Economic Council Director Kevin Hassett said Friday the White House could deploy alternative measures if the Supreme Court rules against President Donald Trump’s use of emergency powers to impose sweeping levies. “There was a big call last night with all the principals to talk about if the Supreme Court were to rule against this…
Check out the companies making the biggest moves before the bell: Nebius Group — The artificial intelligence infrastructure company rallied 14% after announcing a deal with Meta. As part of the agreement, Nebius will “provide $12 billion of dedicated capacity across multiple locations,” it said in a statement. This comes after the firm announced another…
NEW DELHI: Govt “categorically” rejected as motivated and biased the characterisation of India in the latest US Commission on International Religious Freedom (USCIRF) report that alleged deterioration of religious freedom in India and sought its designation as a country of particular concern. The report had also called for sanctions on Research & Analysis Wing and…
Court Rejects Bhushan’s Idea On Illegals New Delhi: Supreme Court on Thursday asked the Election Commission to implement in Tamil Nadu the court directed procedure for submission of documents by voters flagged under ‘logical discrepancy’ category during Special Intensive Revision of West Bengal electoral rolls, prompting the EC to request the SC to extend it…
Your job is not to constantly fiddle with the portfolio, but to give your chosen businesses enough time and space to prove themselves. (AI image) The biggest rewards in equities come to those who endure the dull years and survive the scary ones.One of the most common questions we get is, “How long should I…
