Meta’s CEO Mark Zuckerberg addressed the recent layoffs alongside substantial investments in artificial intelligence. Despite reporting impressive revenue growth, the surge in expenses, particularly from severance and legal fees, negatively influenced the second quarter’s operating income. The company is committed to advancing its AI infrastructure to pave the way for future innovations and anticipates a…

LIC increased its holdings in several major stocks during Q1FY27, with Bharti Airtel, Maruti Suzuki and ITC among the biggest buys, based on Prime Database data.

Union minister Kiren Rijiju has called upon Rahul Gandhi to lend his ‘unconditional’ support to the Women’s Reservation Bill. This appeal came after Gandhi’s comments highlighting the necessity of women’s freedom of expression for India’s comprehensive development. While the opposition has shown its backing for the bill, they contest its connection to delimitation. The Nari…

Kaynes Q1 FY27 slides: 40% revenue growth, margin pressure mounts

Ardee Industries IPO GMP today: According to Investorgain, the company shares are available at a premium of ₹15 in the grey market today

Legendary investor Peter Lynch’s investing philosophy emphasises understanding what you own, conducting thorough research and focusing on a few potential “tenbaggers.” He advises investors to ignore market noise, avoid emotional decisions and resist predicting market movements. Lynch’s lessons highlight patience, conviction and disciplined stock selection as keys to long-term investing success.

Dhoot Transmission has raised Rs 918 crore from 72 anchor investors ahead of its Rs 3,067-crore IPO, with domestic mutual funds accounting for 61.27% of the anchor allocation. The company will use the proceeds to repay debt, fund expansion and pursue acquisitions.

India’s MTF book has surged nearly five-fold to over Rs 1.3 lakh crore, reflecting rising retail participation and deeper cash-market activity. Unlike leverage-driven volatility overseas, India’s regulatory safeguards, margin requirements, position limits and broker-level controls keep leverage collateralised and dispersed. These measures reduce systemic risks and support market resilience.

DSP Mutual Fund’s Preethi R S remains constructive on India’s financial sector, favouring lenders with strong deposit franchises, disciplined underwriting and execution. She sees healthy retail and SME credit demand, early corporate lending recovery and opportunities across banks, NBFCs and non-lending financials amid India’s long-term financialisation.

Highest FCNR (B) FD interest rates for NRIs: PNB offers 6.50%, compare SBI, HDFC Bank, ICICI Bank, Axis Bank and Kotak Mahindra Bank rates