NEW DELHI: Sunil Bharti Mittal, Bharti Enterprises founder and chairman, has been named a Chevalier de l’Ordre national de la Légion d’Honneur (Knight of the National Order of the Legion of Honour) by French President Emmanuel Macron.Established in 1802 by Napoleon Bonaparte, the Légion d’Honneur is the highest civilian award bestowed by the French Republic….
The rupee has recovered sharply following the RBI’s announcement. RBI has record forex reserves, but why is rupee still not out of the woods?The rupee gained a stunning 1% at the start of trading on Monday after the Reserve Bank of India (RBI) eased pressure on the currency by shifting oil companies’ dollar purchases away…
Russian diesel supplies ease market concerns. Oil prices fell on Monday as expectations of additional Russian diesel supplies and a possible halt to attacks on energy facilities in the Russia-Ukraine conflict eased some concerns over supply. However, continued tensions in the Middle East kept Brent crude above $100 a barrel.Brent crude futures fell $1.54, or…
Top stocks to buy in the week starting October 12, 2026. Stock market recommendations: Bajaj Finance, Molbio Diagnostics – these are the top stocks to buy that Motilal Oswal Wealth Management Research Desk has picked for the week starting October 12, 2026. Below are the details: NAME CMP (Rs) TP (Rs) Upside (%) Bajaj Finance…
BENGALURU: TCS CEO K Krithivasan said green cards have never been a key part of the company’s workforce strategy, as it has significantly reduced permanent residency applications for H-1B employees and stepped up local hiring in US. The company said the US suspension of green card processing would not fundamentally alter its talent management approach.“In…
MUMBAI: Forex dealers expect a gap opening in the rupee-dollar exchange rate, with the domestic unit likely to record its sharpest gain in recent times. However, there is also a looming market freeze, with RBI’s aggressive anti-speculation measures risking paralysis of legitimate market-making, choking interbank liquidity and inadvertently penalising genuine corporate hedgers.Oil companies, normally the…
NEW DELHI: Foreign investors have withdrawn Rs 44,166 crore from Indian equities so far in Oct, bringing the total outflows this year to more than Rs 3 lakh crore as elevated crude oil prices, a firmer US dollar and higher US bond yields weigh on investor sentiment. Also, the AI-led rally in North Asian markets…
NEW DELHI: India’s smartphone market is expected to witness a 12% decline in sales (by volumes) this festive season, even as the overall market value is projected to grow 5%, reflecting a shift towards pricier devices and longer replacement cycles, according to Counterpoint Research.Rising memory costs have pushed up smartphone prices, prompting consumers to defer…
BENGALURU: Infosys said the US Department of Labor’s suspension of new and pending applications under the Permanent Labor Certification (PERM) programme for certain companies, including the IT services major, is unlikely to have a material impact on its operations.In a statement to the stock exchanges, the company said it was aware of the decision and…
Investors will track September CPI and WPI data, earnings from major IT firms and global cues amid persistent oil price and geopolitical risks. NEW DELHI: Indian stock markets are likely to remain volatile and consolidate this week as investors track September inflation data, quarterly earnings from major companies, crude oil prices and global economic cues….
