Check out the companies making headlines before the bell: Walt Disney Company — The media giant fell more than 4% on mixed fiscal fourth-quarter results . The company earned an adjusted $1.11 per share, beating an LSEG estimate of $1.05 per share. Revenue, however, came in at $22.46 billion, below a consensus forecast of $22.75…
The International Monetary Fund (IMF) praised El Salvador’s stronger-than-expected economic growth in a statement on Monday. The update notably did not include previous IMF suggestions that El Salvador would be putting on hold its strategy of accumulating bitcoin BTC$87,916.40, something that country — under the leadership of President Nayib Bukele — has continued to do…
NEW DELHI: The road transport and highways has given its “in-principle” approval for the Atal Progress-way, also known as the Chambal Expressway. The project will connect the Delhi–Mumbai Expressway with the Bundelkhand Expressway and will pass through parts of Rajasthan, Uttar Pradesh, and Madhya Pradesh.The 420-km expressway, a mix of expansion of existing highway stretches…
Dhruv Gadh, Partner- Transport, Logistics and Infrastructure PwC India lists the top expectations for maritime sector: This budget presents an opportunity to transform the maritime sector by focusing on three key areas: 1. Capital allocation for Maritime Amrit Kaal VisionAlign investments to support the long-term Maritime Amrit Kaal Vision by scaling up the Sagarmala Programme….
UAE Corporate Tax Exemption for Non-Commercial Sports Entities Announced In a significant fiscal and policy shift this week, the United Arab Emirates Ministry of Finance announced a new corporate tax exemption for non-commercial sports entities under Cabinet Decision No. (1) of 2026, marking a major development in how the UAE supports and positions its sporting…
MUMBAI: A penalty of Rs 91 lakh has been imposed on HDFC Bank for violating certain provisions of the Banking Regulation Act, RBI said on Friday. The penalty has been imposed on the private sector lender for deficiencies in statutory and regulatory compliance, including those related to Know Your Customer (KYC). RBI said a statutory…
NEW DELHI: The Red Fort complex in the heart of the capital will be the venue of the 20th session of the Intergovernmental Committee for Safeguarding of Intangible Cultural Heritage from Dec 8-13 with over 1,000 delegates from more than 185 countries expected to participate. The inauguration will be held on Sunday.Undeterred by the blast…
Bitcoin miner Cango (CANG) completed the sale 4,451 BTC over the weekend, raising roughly $305 million in USDT as it looks to reduce leverage and reposition its business around artificial intelligence infrastructure. The company said it raised $305 million from the sale, suggesting an average sale price of about $68,524 per coin, or not far…
Salil Parekh, CEO and MD, Infosys (File photo) New Delhi: Infosys CEO Salil Parekh suggested that stock market investors may be misreading the impact of AI tools from companies like Anthropic, arguing that rather than shrinking opportunities for IT services firms, such technologies are likely to expand and reshape the demand for their capabilities. He…
DEHRADUN: Uttarakhand chief minister Pushkar Singh Dhami on Wednesday conducted a detailed review of preparations for the “Jan-Jan Ki Sarkar, Jan-Jan Ke Dwar” programme at the chief minister’s residence. He emphasised the need to ensure that welfare scheme benefits reach every eligible citizen under the “Administration Towards the Village” campaign.The chief minister directed officials to…
