BSE Ltd, one of Asia’s oldest stock exchanges, released its June quarter numbers today post-market hours, reporting a consolidated net profit of ₹539 crore, marking a 103.4% increase from ₹264 crore reported in the year-ago quarter. The exchange also reported a sharp year-on-year increase in revenue by 59% to ₹958 crore for the quarter, driven…
India could lose as much as a full percentage point of GDP growth following US President Donald Trump’s latest move to double tariffs on Indian goods to 50%, analysts said. The new levies, imposed as punishment for India’s continued purchase of Russian oil, could severely dent exports and unsettle an already slowing economy. The tariffs…
Indian stocks fall in early trade Indian stocks fell in early trade Thursday following U.S. President Donald Trump’s additional 25% tariff. This brings the total levies against the South Asian giant to 50%. The 50-stock benchmark Nifty 50 fell 0.31%, while the BSE Sensex index lost 0.35% as of 9.25 a.m. Indian Standard time (11.55 p.m. ET…
State-run engineering firm Bharat Heavy Electricals Ltd (BHEL) on Wednesday (August 6) reported a net loss of ₹455.4 crore for the first quarter that ended June 30, 2025. In the corresponding quarter of the previous fiscal, BHEL posted a net loss of ₹211 crore, mainly due to higher expenses. The company’s revenue from operations increased…
IN A NUTSHELL 🔍 OpenAI removed a ChatGPT feature that allowed conversations to be shared, addressing significant privacy concerns. 💡 User interface issues led to accidental exposure of sensitive information, highlighting the need for clear communication. 🤝 OpenAI is collaborating with search engines to de-index previously shared chats, ensuring enhanced user protection. 🔐 The move…
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As organizations increasingly embrace agentic AI, they need a variety of models capable of executing complex tasks. OpenAI’s open weight models meet this need with a compelling performance-to-size ratio and advanced reasoning, including adjustable reasoning levels and chain-of-thought outputs that break down complex problems into logical steps. This makes them great for use cases like…
The US ISM Services PMI missed consensus in July. The US Dollar clings to its daily gains on Tuesday. Data from the Institute for Supply Management (ISM) showed the Services PMI receded to 50.1 in July, down from 50.8 in the previous month and falling behind analysts’ forecasts of 51.5. Meanwhile, the Prices Paid Index—which…
Gold price remains below a one-and-a-half-week top amid mixed fundamental cues. A modest USD strength and a positive risk tone cap the safe-haven precious metal. Rising September Fed rate cut bets support the XAU/USD pair amid trade jitters. Gold price (XAU/USD) extends its sideways consolidative price move through the first half of the European session…
Buy or sell stocks: On Monday, the Indian stock market registered a relief rally on broad-based buying. The Nifty 50 index went up 157 points and closed at 24,722, the BSE Sensex surged 418 points and finished at 81,018, while the Bank Nifty index ended marginally higher at 55,619. Hero Motocorp, Tata Steel and Adani…
