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India’s biggest equity fund makes contrarian bet on IT stocks
India’s largest actively managed equity fund, PPFAS Flexi Cap, is increasing exposure to beaten-down IT stocks, taking a contrarian view on AI disruption fears. CIO Rajeev Thakkar argues pessimism is overdone, betting on productivity gains and valuation comfort even as the Nifty IT index heads for its worst year since 2008.
Where Is Cape Verde? Meet The Tiny Island Nation Turning Heads At The FIFA World Cup
Cape Verde graduated from the United Nations' Least Developed Country category in 2007.
India-US Trade Deal: USTR Jamieson Greer Heads To India This Week To Discuss Interim Pact
Announcing the visit, the Office of the US Trade Representative said Greer would discuss the "historic US-India joint statement" and the interim agreement as part of negotiations for a wider US-India Bilateral Trade Agreement (BTA).
US-Iran War News Live Updates: Vance Heads For Key Talks With Iran, Trump Says No Hormuz Tolls For 60 Days
IRGC has announced closure of the Strait of Hormuz, but the US military says the waterway is open to all vessels.
Trump Envoy Heads To Switzerland For Potential US-Iran Talks After Lebanon Ceasefire: What To Expect?
US President Donald Trump said he had personally intervened to help secure the Lebanon ceasefire. Speaking to NBC News, Trump said he had urged Israel to agree to a halt in fighting. "You just gotta calm down sometimes and use your head," Trump was quoted as saying.
Gold moves towards third weekly decline as US Fed rate hikes loom
Gold heads for third weekly drop as hawkish Fed outlook and no rate cuts weigh on prices, despite US Iran interim peace deal and Hormuz reopening easing energy fears
As NSE Heads To IPO, Here's How It Compares To BSE Across Key Metrics
In FY26, NSE recorded equity index options turnover of Rs 1.25 lakh crore, compared with Rs 48,221 billion on BSE. The exchange also reported single-stock futures turnover of Rs 3.2 lakh crore, while BSE's turnover in the segment stood at Rs 9 billion.
Who wins from cheaper oil? These sectors could see the biggest earnings surprise
As West Asia heads for peace, after over 100 days of war, market participants expect a wide range of industries to gain from a return to normalcy, even as they keep a wary eye on the durability of a peace deal that is yet to be signed
Cipla appoints health chief Shivam Puri to lead One India business
Cipla has appointed Shivam Puri as the new Chief Executive Officer for its One India Business. This significant leadership change will take effect from July 1. Puri currently heads Cipla Health, a role he has held since 2019. His extensive experience in consumer goods and healthcare will now steer Cipla's domestic operations.
Indian LNG tanker heads toward Strait of Hormuz as US-Iran deal lifts reopening hopes
An LNG tanker is nearing the Strait of Hormuz as the US and Iran reportedly reach a deal to reopen the vital waterway. European natural gas and oil prices fell as traders anticipate the resumption of traffic, though monitoring challenges remain due to potential spoofing and transponder deactivations.
14 Indians aboard MSV Virat 1 successfully rescued, crew heads to Mumbai
All 14 Indian crew members from the Indian-registered MSV Virat 1 have been rescued safely following the vessel's sinking, approximately 80 nautical miles off Ras Al Hadd, Oman, due to a mechanical fault. Omani authorities, alongside the Indian Embassy, rapidly coordinated rescue efforts, leading to their safe evacuation to MV Jabal Ali 9, which is now sailing back to Mumbai.
Eurotex Industries and Exports Ltd leads losers in 'B' group
Heads UP Ventures Ltd, Grand Oak Canyons Distillery Ltd, TV Vision Ltd and Ambica Agarbathies Aroma & Industries Ltd are among the other losers in the BSE's 'B' group today, 12 June 2026.