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Sarjapura is a small town lying at the very edge of the expanding Bengaluru metropolitan sprawl. It is geographically closer to the town of Hosur than to the centre of Bengaluru. Reaching it by car from Bengaluru airport can sometimes take close to three agonizing hours.

IT stocks were on a roll on Tuesday led by midcap counter Coforge which jumped 5.5% to hit its fresh 52 week high of Rs 6,849.50 on the NSE. However, Infosys led the way in terms of contribution to the index. The rally comes amid favourable views taken by domestic brokerages Motilal Oswal and Nuvama Institutional equities. Nifty IT index was the second best performing sector today (behind Media) in terms of percentage gains at 2.3% or 980 points with all 10 stocks trading in the green.

Coal India Ltd. is planning to invest about 670 billion rupees ($8 billion) to build coal-fired power plants close to its mines, signaling the fast-growing economy will remain reliant on the fossil fuel for decades to come.

wealth management in India to tackle the intensely competitive environment, ET has reported based on information from sources.

«Various companies are implementing massive projects across the country on green. So far as green is concerned, the discourse has actually changed to 24 by 7 green power, which means the conversations are now about storage,» says Vinayak Chatterjee, The Infravision Foundation. My next question is perhaps based on what you also flagged off right now, which is that new sectors are taking over. Old sectors or traditional sectors are taking a backseat. But the analyst in Bombay also focuses on two big sectors, which is steel and cement. Now, if the new sectors are taking over, old sectors from a private sector capex standpoint, they could take a backseat. So, do you think indirectly, it could have impact on steel and cement demand also, which should grow ideally when the economy is booming, but which may not grow because of new capex? Vinayak Chatterjee: Now, unfortunately, I have to agree with you again.

Oil prices rose about 1% on Monday on concerns that a hurricane forecast to hit Louisiana on Wednesday will disrupt production and refining along the U.S. Gulf Coast. Brent futures were up 78 cents, or 1.1%, to settle at $71.84 a barrel, while U.S. West Texas Intermediate (WTI) crude gained $1.04, or 1.5%, to settle at $68.71.

Federal Reserve interest rate cut next week. The greenback rose for the first time in five sessions versus the Japanese currency, while rising for a second straight day against the euro.

Morgan Stanley said the decline in oil prices would be a cause for concern for Indian equities if the oil market is right about its assessment of a global slowdown. The brokerage said while falling oil may seem good for India's economy, earnings and shares, in practice, the impact depends on the reasons and duration of the fall. «We think it is safe to say that the recent bearishness in the oil markets is being led by growing concerns about slowing demand, and to that extent, its positive impact on India's terms of trade is diluted greatly,» said Morgan Stanley's strategists, including Ridham Desai, in a client note.

Federal Reserve's next policy decision next week. Investors had fled from equities last week when Friday's weaker-than-expected August jobs data followed weak manufacturing data on Tuesday, driving the Nasdaq Composite's biggest weekly loss since January 2022, and the S&P 500's biggest weekly decline since March 2023.

₹1.52 trillion ($18.1 billion) under his watch. Going forward, a number of key announcements from the proposals on India’s table are further expected, as a three-day inaugural edition of ‘Semicon India’ gets underway in Uttar Pradesh’s Greater Noida. Ajit Manocha, president and chief executive of US-headquartered global industry body, Semiconductor Equipment and Materials International (Semi), added that the conference is expected to host “over 250 companies from the entire semiconductor ecosystem, from 24 different nations".

India remains an outlier among nations that encourage this stratagem. True, India has strategic compulsions in its neighbourhood, which make dual citizenship difficult for now. But it addresses the economic imperative by allowing permanent residency to the diaspora. Since this facility was introduced, India has plugged deeper into the global economy, and its workforce-and, indeed, culture and values-have become more mobile.

bank deposits has been a matter of concern, particularly as growth in private credit has outpaced deposits for the last two years. This has largely been attributed to a decline in household savings, a shift to physical savings, or even a shift to alternate financial savings like mutual funds.

A long-awaited report on how to rescue Europe’s economy from weak growth and red tape is in

U.S. Democratic presidential hopeful Kamala Harris has stirred controversy with a proposal to tax unrealizedcapital gains for the wealthiest Americans. The plan has come under fire for both political and practical reasons — and raised questions about whether the policy could make its way to Canada.

Donald Trump’s speech on the economy last week was as usual a jumble of good (deregulation and taxes), bad (tariffs), and incoherent (child care). But one new idea he floated is a very good one and deserves more attention: The former President said he’d ask Elon Musk to run a Government Efficiency Commission. Eyes understandably glaze over at the sound of “commission," which is usually intended to duck a hard issue.

The U.S. Federal Reserve can afford to make a jumbo 50 basis points rate cut next week without spooking markets, an analyst has suggested, as opinion on the central bank's forthcoming meeting remains hotly divided.

China deepened its push to further open up the economy, eliminating restrictions on the manufacturing sector and expanding opportunities for foreign investment in the health sector in an effort to revive growth. The Chinese government will reduce its list of industries off-limits to foreign investors to 29 from 31 and fulfill its pledge of zero restrictions on the manufacturing sector, the National Development and Reform Commission and the Commerce Ministry said in a joint statement on Sunday. The new list, set to take effect Nov.

Total nonfarm payrolls published by the US Bureau of Labor Statistics today (6 September) came in below economist expectations of 165,000 and exceeded the downwardly-revised 89,000 jobs created in July. The construction sector added 34,000 jobs in August, more than the average monthly figure of 19,000. Meanwhile, the healthcare sector reported an increase of only 31,000 jobs, half the 60,000 monthly average recorded over the last year. US economy adds 114,000 jobs in July but unemployment figures creep up The labour market data release will be closely watched by Federal Reserve pol...

Japan’s economy grew at an annual rate of 2.9%, slower than the earlier report for 3.1% growth, in the April-June period, boosted by better wages and spending

Asian stocks fell Monday after another rout hit Wall Street on Friday, as a highly anticipated update on the U.S. job market came in weak enough to add to worries about the economy

Wall Street's staunchest supporters, with hopes for a turnaround fading in the world's No. 2 economy. Over the past two weeks, long-standing China bulls UBS Global Wealth Management, Nomura Holdings Inc., and JPMorgan Chase & Co. have all downgraded the country's equities, citing concerns ranging from the property-led demand slump to piecemeal stimulus measures and geopolitical tensions ahead of the US elections.