Experts Financial News

The India VIX dropped by 7.78%, closing at 14.87 on Wednesday, signaling reduced market volatility and potentially increased investor confidence.

The global payments provider is working on "payment passkeys" as the next-generation authentication solution to reduce friction in e-commerce payments. Built on the FIDO (Fast Identity Online) standard, these passkeys will do away with the need for traditional passwords and one-time passcodes.

fitness products and nutritional supplements, raised Rs 110 crore (about $13 million) from venture capital firm Bessemer Venture Partners.

government is exploring the feasibility of providing dedicated, uninterrupted power to large data centre parks either through direct lines from power producers or by setting up small nuclear plants nearby, officials told ET.

NPS subscribers to invest 50% of their investments in equity funds for a longer period of up to 45 years, significantly higher than the current limit of 35 years offered in other schemes. Who should opt for the new NPS Balanced Life Cycle Fund? Will the Balanced Life Cycle Fund help you to build a bigger retirement corpus? ET Wealth Online decodes the new NPS Balanced Life Cycle Fund for NPS investors.

The Nifty gained 1.1% or 270.75 points to close at 24,484.05 while the Sensex advanced 1.1% or 901.5 points to close at 80,378.13.

Capillary Technologies, which provides customer engagement and loyalty software services to companies, is reviving plans for its initial public offering after having shelved its previous attempt in 2021, people aware of the matter said.

pro-growth policies that will boost Corporate America. A gauge of small caps rallied 4.6% amid speculation they will benefit from Trump's protectionist stance, while wagers on lower taxes and reduced regulation lifted banks. Insurers focused on the Medicare market jumped on expectations the government will pay higher rates to companies that provide private versions of the US health program for seniors. Trump Media & Technology Group Corp. gained 6%. Wall Street's «fear gauge» — the VIX — tumbled the most since August to around 16. Trading on stocks spiked, with the S&P 500 volume 110% above the average of the past month. The Dow Jones Transportation Average jumped to a fresh high after a three-year drought of records, finally confirming the strength of its industrial counterpart. The breakout is a bullish sign to followers of an investing framework known as Dow Theory that says synchronized gains in both gauges portend better times ahead for the broad market.

The Hosteller, a backpacker hostel chain, has raised Rs 48 crore in a funding round led by V3 Ventures in a mix of equity and debt. This includes a debt of Rs 16 crore from the venture debt platform Blacksoil.

Stock markets were broadly rising higher Wednesday amid certainty over Donald Trump’s victory in the United States’ presidential election, though experts warned there’s no guarantee a “Trump bump” will last.

The election of Donald Trump as president for a second time and the Republican takeback of the U.S. Senate could undo many of the national climate policies that are most reducing planet-warming greenhouse gas emissions, according to climate solutions e...

Trump Towers, the Trump Organization's luxury real estate brand operating in India, is set to benefit further from Donald Trump’s sweeping win in the United States elections. Tribeca, Trump’s India partner, has indicated that it has already finalized six new projects across India, totalling 8 million sq ft with a revenue potential of over Rs 15,000 crore.

In relative terms, however, the rupee’s 0.2% decline through the day was modest in comparison with competing Asian monetary units where the US holds a disproportionate share in their respective merchandise exports. Thai Baht depreciated the most at 1.8%, while the Chinese Yuan slumped 1.2%.

Donald Trump's US presidential election victory on Wednesday will essentially end the criminal cases brought against him, at least for the four years he occupies the White House, as per a Reuters report.

Shashi Tharoor on Wednesday said there will be basic continuation of the India-US relationship with Donald Trump staging a comeback and noted that his being tough on China «is good for us». Tharoor, the chairperson of the Parliamentary Standing Committee on External Affairs and former minister of state for external affairs, also flagged concerns on immigration and trade with Trump coming to power and noted that the US leader has a «transactional attitude» on many matters.

Finance on Wednesday reported a 15% year-on-year rise in net profit at Rs 228 crore, backed by a healthy business expansion. The net profit was Rs 197 crore in the year ago quarter.

quarter, on account of lower revenue. It had posted a net profit of Rs 1,390 crore for the period ended September 2023, the company said in a statement. Gross income fell to Rs 13,025 crore from Rs 14,128 crore in the July-September period of 2023-24.