Market News
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U-Turn! MFs pull back from 12 smallcap stocks after two quarters of buying
MFs are typically considered informed investors, with allocation decisions driven by deep research and long-term fundamentals. While sustained buying often signals confidence, a reversal after consecutive quarters of accumulation is worth tracking closely.
Modi wants Indians to press pause on gold. But the $5.2 trillion obsession runs deep
India’s attempt to protect the rupee is now colliding with one of the country’s strongest cultural habits — buying gold. After Prime Minister Narendra Modi urged citizens to avoid gold purchases for a year, the government raised gold import duty from 6% to 15% to reduce pressure on foreign exchange reserves and the current account deficit.
Tepid earnings, rupee slide push FPI returns into deep red - Mint
Tepid earnings, rupee slide push FPI returns into deep redMint
Sula Warns Of 'Casualties' In India's Cheap Wine Market
The country's largest wine producer says deep discounts and buy-one-get-one offers are turning parts of India's wine industry unsustainable.
AI's Deep Dive: China Drops World's First 2,000-Server Data Centre Into The Ocean
China has officially launched the world's first commercial offshore wind-powered underwater AI data centre.
Deep under China's coal basins, PetroChina is unlocking gas from rocks
China is unlocking a new energy frontier with coal rock gas extracted from deep within its coal basins. This ambitious multi-billion-dollar initiative is set to bolster domestic natural gas production while easing its dependence on foreign imports. With PetroChina predicting vast output by 2035, this strategy could position China as a fortress against global energy volatility.
Deep Fission begins roadshow for planned $150 million public offering - Investing.com India
Deep Fission begins roadshow for planned $150 million public offeringInvesting.com India
Deep Fission files for 6M Nasdaq IPO at $24-$26/sh - Investing.com India
Deep Fission files for 6M Nasdaq IPO at $24-$26/shInvesting.com India
INR edges closer to a critical 97/$ threshold
The Indian rupee is seen in deep distress as the counter is moving towards breaking yet another key historic mark in opening trades on Wednesday. INR opened at Rs 96.89 per dollar and hit a low of 96.95 so far during the day. Yesterday, rupee slipped to a record low of 96.60 against the US dollar before settling at 96.52, weighed down by soaring crude oil prices, persistent foreign capital outflows, and a resilient dollar buoyed by global risk-aversion. The rupee is turning to be Asia's worst-performing currency in 2026. The currency has depreciated 1.5 per cent this month and more than 7 per cent so far this year. Rupee remains vulnerable to rising crude oil prices and the closure of the Strait of Hormuz. Meanwhile, the Indian equity benchmarks surrendered their early morning gains in a highly volatile trading session to settle marginally lower due to late profit-booking. The BSE Sensex declined 114.19 points (0.15%) to close at 75,200.85, while the NSE Nifty 50 slipped 31.95 points
At Samsung, the global AI boom spurred a looming strike and deep divisions
SAMSUNG-ELEC-DISPUTE:At Samsung, the global AI boom spurred a looming strike and deep divisions
FIFA World Cup 2026: Can Belgium's Golden Generation Deliver One Last Deep Run? — Full Squad, Key Records, History And Fixtures
Belgium qualified for the FIFA World Cup 2026 unbeaten from UEFA Group J, recording five wins and three draws in eight matches.
Hindustan Zinc to roll out AI-driven solutions across mining, manufacturing operations
Hindustan Zinc Limited is set to generate two thousand crore rupees in value. This will be achieved by implementing artificial intelligence solutions across its mining and manufacturing operations. The company is collaborating with deep tech startups to enhance production and optimize costs. This strategic move aims to drive smart manufacturing and solidify its position as a leader in the industry.