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Bitcoin (BTC) could make more headlines today as the leading cryptocurrency’s price hovers around a three-month high just below the closely watched $67,000 mark.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Infosys, India’s second-largest IT services company, added 2,456 employees during the second quarter of fiscal year 2025 (July-September). The total headcount at the end of September stood at 317,788, up from 315,332 in the previous quarter (April-June). In the June quarter, the headcount had dropped by 1,908 employees, marking six consecutive quarters of decline.

Wipro on Thursday reported a 21% jump in net profit to Rs 3,209 crore for the quarter ended September 2024 versus Rs 2,646 crore logged in the year-ago period. The figure was higher than ET Now poll estimates of Rs 3,050 crore.

Foreign Portfolio Investors (FPIs) Societe Generale, Tiger Pacific Master Fund and UBS Principal Capital Asia reduced their holdings in Paytm owner One 97 Communications below 1% in the September ended quarter. Societe Generale held a 1.98% stake in the Paytm parent in the April-June quarter while Tiger Pacific and UBS held 1.3% and 1.06% shares, respectively.

Canadian parents are set to receive the latest child benefits from the federal government on Friday.

Shriram Finance Ltd. fell 3.17 per cent to Rs 3281.0 at 01:38PM hours (IST) on Thursday. Earlier in the day, the stock saw a gap down start to the session. As per data available on BSE, total traded quantity on the counter stood at 6,321 shares with a turnover of Rs 2.09 crore till 01:38PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 16.02, while the price-to-book value ratio stood at 1.81.

Gurmeet Chadha, Co-Founder & CEO, Complete Circle Consultants, says it is a little too early to comment on the festive season because we are not even midway of it, but if the trend continues, then there could be a little bit of derating in auto stocks because none of them trade below 25-30 times. Chadha also says that amongst two-wheelers, we have TVS Holdings also which is the holding company which they bought and Sundaram Clayton is in the portfolio. So, among the stocks that they would buy on a correction like this, TVS would be the first, followed by Bajaj Auto. He is more interested in auto ancillaries, including names like Sandhar Technologies and Uno Minda.

Havells India Ltd. traded 1.89 per cent up at Rs 1902.7 at around 01:13PM (IST) on Thursday. The stock had closed at Rs 1939.55 in the previous session. Equity benchmark Sensex traded 436.62 points lower at 81064.74 around the same time.

imported inflation reached a 13-month high in September 2024, growing by 2 per cent, according to a report by the State Bank of India (SBI). The report highlighted that imported inflation is increasingly contributing to the country's overall inflation, as rising prices of gold, oils and fats, and chemical products drive the increase. Imported inflation is the increase in the price of goods and services in a country due to higher costs of imported products.

logistics sector is poised for a significant transformation and evolving supply chains are expected to drive a projected demand for around 1.2 billion sq ft of warehouse space by 2027 spanning across Grade A, B, and C facilities in cities across the country, showed a JLL India and Miebach Consulting, India study. This growth is not only about quantity but also quality, with a significant shift towards Grade A warehousing, where stock is expected to rise from 290 million sq ft in 2023 to 400 million sq ft by 2027. E-commerce, Third-Party Logistics (3PL), and omni-channel retail are emerging as the primary drivers of this warehousing boom, particularly for high-quality Grade A spaces. However, the landscape of growth is changing. While major cities have traditionally dominated the warehousing sector, tier II and III cities are now emerging as the next frontier. The study reveals a striking 41% increase in warehouse space absorption in Tier II plus markets from 2022 to 2023,

Tube Investments of India Ltd. dropped 1.87 per cent to Rs 4419.0 at 12:26PM (IST) in Thursday's trade. The scrip hit a high of Rs 4511.0 and low of Rs 4397.55 so far during the session. The stock had closed at Rs 4503.6 in the previous session. The counter had a total traded volume of 12:26PM shares so far with a turnover of Rs 0.48 crore on BSE. The stock traded at a price-to-earnings multiple of 70.63 and a price-to-book ratio of 14.15.

Colgate-Palmolive (India) Ltd. traded at Rs 3420.0 on BSE at 12:33PM (IST) on Thursday, down 2.15 per cent from previous close. The scrip quoted a 52-week low price of Rs 2003.65 and a high of Rs 3893.0.

Subscribe to enjoy similar stories. India’s financial sector has grown rapidly in recent years. According to a ministry of finance press release dated 22 July, India’s market-capitalization-to-GDP ratio ranks fifth globally and primary markets facilitated capital formation of ₹10.9 trillion in 2023-24, up from ₹9.3 trillion in 2022-23.

Cholamandalam Investment & Finance Company Ltd. traded at Rs 1490.9 on BSE at 10:49AM (IST) on Thursday, up 0.4 per cent from previous close. The scrip quoted a 52-week low price of Rs 1011.5 and a high of Rs 1650.0.

Fashion tech company ANNY announced that it has closed its seed funding round, led by FAAD Capital. The brand was founded in 2023 by Japjot Singh (Founder and CEO), Aveen Kaur (Co-Founder and COO), and Rahul Tanwar (Co-Founder and CTO). The company says that the seed funding will accelerate ANNY’s expansion, enabling investments in AI-driven technology for real-time trend adaptation, supply chain advancements, and top-tier talent acquisition. “With FAAD’s support, ANNY is poised to become the go-to fashion brand for women, offering stylish, accessible options for every occasion,” said Japjot Singh, Founder and CEO of ANNY, in a statement. “We’re excited to soon launch our mobile app and open our first physical store in early 2025, enhancing accessibility and convenience for our customers.”

Bitcoin has recently surged past $67,000, reaching new monthly highs and pushing its market cap to $1.33 trillion. Over the past year, it has delivered an impressive 142% increase, driven by significant developments and growing confidence in the crypto space. We are now at a time where adoption of crypto is rapidly scaling. Let’s dive into the key factors behind this price action and explore the events shaping its upward momentum.

Gold prices held below record levels on Thursday as investors looked forward to a slew of U.S. economic data that could offer more clues on the Federal Reserve's monetary easing path.

earnings season is underway and as many as 38 companies will announce their numbers for the July-September 2024 period today. Among them are 4 Nifty companies including Infosys, Wipro, Nestle and Axis Bank that will declare their results. Apart from the above, Havells, Polycab, LTIMindtree, Harshil Agrotech, IGC Industries, Indian Overseas Bank, Jindal Stainless, Dhanlaxmi Bank among others will report their quarterly results.

foreign fund outflows and weak trends in global markets Stocks that were in focus include names like Bajaj Auto, which gained 0.9%, LTTS, which jumped 0.12%, and BSE, whose shares declined nearly 5% on Wednesday.

Goldman Sachs said on Wednesday it expects the U.S. Federal Reserve to deliver consecutive 25-basis-point (bps) interest rate cuts from November 2024 through June 2025 to a terminal rate range of 3.25-3.5%. Last month, the U.S. central bank cut the overnight rate by half a percentage point, citing greater confidence that inflation will keep receding to its 2% annual target.