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US stock markets rallied on Wednesday, with the Nasdaq taking the lead in gains. Encouraging earnings reports from AI infrastructure companies provided a notable boost to technology stocks. Inflation data matched expectations, fostering confidence that the Federal Reserve may opt to maintain current interest rates. Meanwhile, the fluctuating situation in the Middle East continued to…
Shein’s upcoming IPO faces skepticism from investors due to a notable decline in growth rates. The fast-fashion giant is grappling with rising costs and evolving market dynamics that challenge its established business model. Concerns are mounting regarding whether Shein can replicate its previous growth trajectory that initially drew investor interest.
Reaction roundup: Experts, analysts weigh in on in-line July CPI report
The mission has awarded electrolyser capacity of 3,000 MW annually and green hydrogen production capacity of 756,100 tonnes per annum to participating companies
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The block deal comes as investors step up secondary-market exits, while UltraTech enters FY27 with strong demand and double-digit volume growth.
Artificial intelligence is set to reshape India’s banking sector over the next decade, but banks, regulators and the government will need to strengthen governance, cybersecurity capabilities and shared infrastructure to ensure responsible and secure adoption of the technology, said Hardik Shah, Managing Director and Partner at Boston Consulting Group (BCG).
Bharti Airtel has discontinued several popular prepaid recharge plans nationwide. This move effectively increases Airtel’s tariffs by three to four percent. The Rs 299 plan’s discontinuation is expected to have the biggest impact. Following this revision, Rs 349 becomes the cheapest unlimited prepaid plan. This rationalisation aims to encourage subscribers towards higher-value recharge packs.