In recent years, salary increases have become less predictable in the IT sector. (AI image) The traditional April-June period for salary increases within many IT companies has shifted to the third quarter of the year, creating uncertainty as the process now depends on the demand outlook. In recent years, salary increases have become less predictable,…
Ola CEO Bhavish Aggarwal and Kunal Kamra’s Twitter war started after latter flagged Ola EV issue NEW DELHI: Ola Electric, India’s leading e-scooter manufacturer, witnessed a 9% drop in its stock price on Monday following a public dispute between the company’s founder Bhavish Aggarwal, and a well-known comedian Kunal Kamra. The controversy began when Indian…
CLSA believes that China presents the most significant self-help opportunity among emerging markets. (AI image) India vs China stock markets: The Chinese government’s aggressive measures to revive its markets and economy have captured the attention of foreign investors. Global brokerage firm CLSA has increased its exposure to China, reducing its overweight position in Indian equities…
HDFC Bank has increased lending rates by 5 bps on the 6-month and 3-year tenures. HDFC Bank Loan Rates: HDFC Bank has raised its marginal cost of funds-based lending rates (MCLR) on two tenures by a maximum of 5 basis points (bps). Following the adjustment, HDFC Bank’s MCLR interest rates will range from 9.10% to…
In the coming days, several significant data releases and events may impact market direction. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Monday. While BSE Sensex was near the 82,000 level, Nifty50 was close to 25,000. At 9:20 AM, BSE Sensex was trading at 81,968.13,…
NEW DELHI: Foreign investors have turned net sellers in Oct, offloading shares worth Rs 27,142 crore in just the first three days of the month due to intensifying conflict between Israel and Iran, a sharp rise in crude oil prices, and improved performance of Chinese stock markets.The outflow came after FPI investment reached a nine-month…
Asian Development Bank (ADB) chief economist Albert Park was in the Capital for the Kautilya Economic Conclave. In an interview, he told TOI that the agency is keeping close tabs on global crude prices to assess the impact of the escalating conflict in West Asia on the region and advocated that trade and investment channels…
BENGALURU: The timing of salary increases within many IT companies has shifted from the traditional April-June period to the third quarter of the year, introducing a level of uncertainty as the process is now influenced by the demand outlook. Salary increases have become more unpredictable in recent years, with the frequency and timing of these…
BENGALURU: Union minister for electronics and IT, Ashwini Vaishnaw, expressed confidence that technological innovation will continue to thrive despite the implementation of AI regulations. He emphasised that these regulations, which include appropriate safeguards, will not hinder the growth and development of AI (Artificial Intelligence) technologies.Vaishnaw’s statement underscores the govt’s commitment to foster a conducive environment…
MUMBAI: Indian farmers are getting only about one-third of the final selling price of fruits and vegetables, while a majority share is skimmed away by wholesalers and retailers, a series of research papers published by RBI on food inflation has showed. This is in contrast to other sectors, such as dairy, where farmers receive around…
