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The pan-European STOXX 600 index was up 0.1% at 657.34 as of 0703 GMT, with basic resources leading sectoral gains, rising 0.9%. The energy sector, however, declined 1.1% and was the weakest performer on the index. Oil prices extended their recent decline as expectations grew tha

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Gaja Alternative share price slipped sharply after making a strong stock market debut on Wednesday. Gaja Alternative Asset Management shares listed at a premium of nearly 16% over the IPO price of ₹160 apiece. On the BSE, the stock debuted at ₹185.20, representing a 15.75% gain o

Americans are more likely to believe that UFOs have an earthly explanation than to think they are spaceships from another planet, according to new polling from Gallup. Forty-nine percent of US adults believe sightings of UFOs are tied back to human activity or natural phenomena —

Lawyers are bracing for a ruling from the First Circuit Court of Appeals that could reshape the Trump administration’s third-country deportation program, just as the administration pushes ahead with a new deal to send migrants to Liberia. The appeals court heard oral arguments in

Democrats got some good news when the Fourth Circuit Court of Appeals ruled that political parties and joint fundraising committees do not qualify for the candidate rate for political spending, which is lower than what outside groups have to pay. If the ruling stands — still a bi

Vice President JD Vance’s allies are brushing off Texas Sen. Ted Cruz’s declaration that Republicans have not yet coalesced around a potential Vance candidacy. Cruz recently argued that the party will have “a full discussion about who we are and what we believe in” and said he wi

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AI - AI and ML Debian polls its developers on whether to burn the bots, tame the bots, or let 'em looseEight-way ballot on AI code puts the distro's fractious democracy through its paces -

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Minutes from the regional banks' discount rate meetings, released Tuesday, showed that directors at the Dallas, Cleveland, Minneapolis and Kansas City Federal Reserve banks recommended raising the primary credit rate by a quarter of a percentage point. The recommendations came ah

India’s equity markets have remained highly volatile for quite some time. While the benchmark NIFTY 50 is down nearly 8% from its 52-week high, the NIFTY Midcap 150 continues to trade close to record levels, suggesting resilience beneath the surface.Yet, a closer look reveals a v

The first close saw participation from a diverse group of investors, including ultra-high net worth individuals (UHNIs), high net worth individuals (HNIs), institutional investors, sponsors and their affiliates, highlighting investor confidence in Modulus Alternatives’ private cr

The owner of the retail brand Dmart is looking to raise around 10 billion rupees ($104.81 million) and has alerted merchant bankers to work on the issue, the bankers said requesting anonymity as they are not authorised to speak to media. "The company will not prefer anything abov

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The stock market benchmark Nifty 50 has been in a downtrend for two years now, largely due to weak earnings, heightened geopolitical and geoeconomic risks, foreign capital outflows, and currency weakness. Over the last two years, the index has lost 2%, while over the last year, i

Tata Consultancy Services (TCS) is stepping up on mergers and acquisitions as it braces to scale its artificial intelligence capabilities and geographical footprint. This week, it announced acquisition of German luxury carmaker Porsche AG’s fully-owned IT and consulting subsidiar

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According to Reuters, the issue of so-called fiscal dominance is expected to be among the key topics discussed by Federal Reserve officials, economists and central bankers at the Fed's annual gathering in Jackson Hole, Wyoming, this week. The debate comes as governments across ma

The international brokerage hiked its target price for Hindustan Zinc shares to Rs 750 apiece, while maintaining its ‘Buy’ call on the stock. The latest target price implies around 27% upside potential. The shares of the company jumped over 5% to trade at nearly Rs 624 apiece on

The United States has not faced another sovereign credit downgrade, inflation expectations implied by Treasury inflation-protected securities remain relatively contained, and the cost of insuring against a federal default has not surged. These indicators suggest that investors st

India's textile sector began FY27 on a stronger footing. The export-reliant sector saw an uptick in the June quarter (Q1FY27) earnings, with an aggregate Ebitda of 21 companies rising 34% year-on-year to ₹3,270 crore, and revenue increasing by 18% to ₹27,000 crore, aided by favou

The Madhur Knit Crafts initial public offering (IPO) began on Monday, 24 August, and will end on Thursday, 27 August. The Madhur Knit Crafts IPO price band is set at ₹95- ₹100 per equity share, with a face value of ₹10 per share. The Madhur Knit Crafts IPO lot size has been fixed

The News Bill Gates says it’s time to hit the AI panic button. The technology has crossed dangerous thresholds in biology, cybersecurity, white-collar work, and human relationships, Gates said in an interview with Semafor. His warning is a striking shift from three years ago, whe

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Premium turnover on the National Stock Exchange of India Ltd. declined to about 670 billion rupees ($7 billion) on Tuesday, the lowest since the bourse shifted its derivatives expiry from Thursday to Tuesday about a year ago, according to bourse data. Volumes in cash equities tra

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Dick’s Sporting Goods shares plunged after the retailer reported weaker-than-expected second-quarter results and cut its full-year outlook. The sharp sell-off reflected growing investor concerns about slowing demand and the challenges facing its recently acquired Foot Locker busi

Shopify merchants often rely on multiple applications to manage workflows ranging from loyalty programmes to GST reconciliation. However, finding software tailored to specific requirements can be difficult, and building a custom application can require significant time, cost, and

Consumer electronics brand boAt reported a 38% year-on-year increase in profit after tax (PAT) to Rs 84.5 Cr in the fiscal year ended March 2026, compared with Rs 61.1 Cr in FY25, while profit before tax (PBT) grew 53% YoY to Rs 114.3 Cr, according to the company’s press release.

Gujarat Pipavav shares rose about 3% to around Rs170 on Wednesday, while Adani Ports was little changed at Rs1,699.40. The market’s muted response to Adani Ports and stronger move in Pipavav reflect the different nature of the potential benefit: the extension is more immediately

Healthcare stock Park Medi World is witnessing healthy buying momentum, defying weak market sentiment. Park Medi World share price climbed 2.7% to hit an intraday high of ₹291.40 on the BSE on Wednesday, 26 August. The stock looked set to extend gains for the fifth consecutive se

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Purple Style Labs IPO price band: The Purple Style Labs Limited IPO price band has been fixed in the range of ₹546 to ₹575 per equity share of the face value of ₹10. The Purple Style Labs IPO date of subscription is scheduled for Monday, 31 August and will close on Wednesday, 2 S

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China’s blue-chip CSI300 index climbed 1.1% by the midday break, recovering from a near one-month low, while the Shanghai Composite gained 0.7%. In Hong Kong, the Hang Seng index rose 0.7%. Overnight gains on Wall Street provided additional support to Chinese technology and AI-re

The block deal was done at Rs 2,275.30 apiece, marking around a 3% discount to Welspun Corp’s previous closing price of Rs 2,345.50 apiece on NSE. The shares of the company dropped more than 6% after the block deal to Rs 2,203.70 apiece on Wednesday morning. Welspun Investments a