BUISNESS

“Indian equity markets are expected to open on a strong positive note, with Gift Nifty trading around 23,456, up by 255 points, indicating robust opening cues for domestic indices. Global sentiment remains supportive amid easing concerns over major geopolitical developments and improving risk appetite across international markets. Positive global cues, coupled with stability in key…

SpaceX is set for a rare and historic Wall Street debut, raising $75 billion in what could become the largest IPO ever. The listing is expected to value Elon Musk‘s rocket and satellite company at nearly $1.8 trillion.The listing marks a new chapter for the company that began more than two decades ago with ambitions…

Top stocks to buy today (AI image) Stock market recommendations: HDFC Bank, and NBCC are the stocks that Bajaj Broking Research recommends buying on June 12, 2026. The brokerage also shares views on Nifty and Bank Nifty:HDFC BankBuy in the range of ₹ 730-750 Target Return Stoploss Time Period ₹ 820 11% 690 6 Months…

Data released during the week showed that US producer prices rose more than anticipated in May, resulting in the strongest annual increase in three-and-a-half years. Higher energy costs linked to the conflict in the Middle East contributed significantly to the rise. According to CME Group’s FedWatch Tool, traders are currently assigning a 60% probability to…

Union Minister of Commerce & Industry Piyush Goyal and EY (Ernst & Young) Global Chair and CEO Janet Truncale during a meeting to exchange views on India’s consistently growing role in global supply chains. BENGALURU: Janet Truncale, global chair and CEO of EY, said the professional services firm’s India operations are increasingly becoming central to…

Oil prices tumbled below the $90 per barrel mark on Friday on hopes of a deal to restore global crude flows after signs of easing tensions in the Middle East. US President Donald Trump said Washington had reached a framework agreement with Iran and that the “war has ended today.”Around 7 am IST, WTI Crude…

NEW DELHI: The Centre has exempted petrol blended with higher levels of ethanol from excise duty as it seeks to make fuel beyond E20 more attractive for consumers and push voluntary use.The Central Board of Indirect Taxes and Customs (CBIC) issued notifications on Wednesday, exempting ethanol blended petrol (EBP) grades E22, E25, E27 and E30,…

CHENNAI: Home services startup Pronto’s admission recently that it was piloting in-home video recordings to train physical AI systems shines light on a fast-growing and loosely regulated industry of AI data capture and labelling for the global robotics supply chain.Pronto is not alone. Startups such as Human Archive, Humyn Labs, Egolab AI and Neocambrian are…

MUMBAI: Pine Labs has launched India’s first agent-to-agent payment capability, enabling autonomous transactions through artificial intelligence by extending UPI’s standing mandate framework to machines.The company on Thursday introduced the Pine Labs Payment Protocol (P3P), allowing users to authorise a onetime mandate that can be delegated to an AI agent, which can then independently decide when…

Strong domestic travel has again saved the day for Indian hospitality, although the West Asia war has impacted inbound traffic to the country, like many others globally.“Over 40% of people flying to India (and other parts of Asia from the west) do so via the Middle East (West Asia). That has slowed down inbound. The…