Microsoft said that the latest commitment, spread across calendar years 2026 to 2029, would “advance the country’s cloud and AI infrastructure, skilling and ongoing operations” American tech giant Microsoft’s chief executive officer (CEO), Satya Nadella, on Tuesday announced the company’s plan to invest $17.5 billion in India’s artificial intelligence (AI) infrastructure over the course…
INR vs USD: Rupee slipped to an all-time low of ₹90.28 per dollar on December 3, 2025. With a 5.3% year-to-date (YTD) drop, the rupee is headed for its sharpest annual decline since 2022, making it Asia’s worst-performing currency so far this year. The Indian rupee fell past 90 per US dollar to a record…
Meesho has set the price band for its IPO in the range of ₹105 to ₹111 per cent, valuing it around ₹50,095.75 crore Meesho IPO:The much-awaited initial public offering (IPO) of e-commerce player Meesho is set to open for public subscription on Wednesday, December 3, 2025. The company plans to raise ₹5,421.2 crore through…
The reform represents a significant departure from the Atomic Energy Act of 1962, which restricted private participation in nuclear power generation and retained state monopoly under the Department of Atomic Energy (DAE). Prime Minister Narendra Modi on November 27 announced one of India’s most sweeping energy-sector reforms in decades, declaring that the country’s tightly controlled…
As Nifty 50 kicks off the December series with a 1.24% surge, analysts predict a potential breach of the 26,500 mark by year-end. Factors like an India-US trade deal, foreign investments, and falling crude prices could drive the index higher. Domestic market barometer Nifty 50 began the December futures and options (F&O) series with…
The fund, according to the AMC, is designed to deliver FD-plus returns with low volatility, combining equity, debt and derivatives. The fund’s derivative strategies will operate within a universe of the nearly 200 F&O stocks, primarily large- and mid-cap names, selected for strong fundamentals and liquidity. SBI Mutual Fund has launched Magnum Hybrid Long…
From April 2000-2025, India’s total overseas direct investment in Israel amounted to $443 mn, while Israel’s foreign direct investment in India reached $334.2 mn between April 2000 and March 2025 The investment treaty was signed between the Finance Minister Nirmala Sitharaman and her Israeli counterpart, Bezalel Smotrich. India and Israel on Monday signed a Bilateral…
The resolution has been considered as duly passed with the requisite majority, as mentioned in the postal ballot notice, a regulatory filing stated Adani Power on Friday (September 5, 2025) said it has received shareholders’ approval for a stock split in the ratio of 1:5 through a postal ballot notice issued on August 1,…
Spot gold was up 0.7% at $3,469.84 per ounce by 1049 GMT, its highest since April 22 when it touched a record-high of $3,500.05 The US dollar was trading near its lowest since July 28 against rivals, making greenback-priced bullion cheaper for overseas buyers. Gold hit a more than four-month high on Monday to…
According to analysts, Nifty’s breach of its medium-term support at the 100-day EMA around 24,600 signals that the bears could remain in charge of Dalal Street for some time ahead. Nifty 50 technical outlook: As the additional 25% tariff imposed by US President Donald Trump on India came into effect, the Indian stock market went…