US stocks drifted lower on Thursday as a selloff in Nvidia weighed on the broader market, even as most shares posted gains.The S&P 500 fell 0.6 per cent, extending the week’s volatility driven by optimism and unease surrounding the artificial intelligence boom. The Dow Jones Industrial Average rose 77 points, or 0.2 per cent, while…
PM Modi’s push to transform India into a major global manufacturing hub faces a challenge from the US and China. (AI image) PM Narendra Modi’s push for ‘Make in India’ is facing resistance and criticism from US and China – the two largest world economies. India is currently the world’s fifth largest economy, on its…
Statistics and programme implementation secretary Saurabh Garg has spent the last couple of years addressing data gaps and working on revamping critical macro-economic indicators – GDP, retail inflation and industrial sector activity. Ahead of new GDP series launch on Friday, he discusses the changes with TOI. Excerpts:New GDP series will be launched on Feb 27….
Chipmaker Nvidia reported stronger-than-expected results for the January quarter on Wednesday. The company also projected current-quarter revenue above market estimates, fueled by strong spending on artificial-intelligence processors by Big Tech companies.The company posted sales of $68.13 billion for the quarter, up 94% from a year ago, exceeding analysts’ estimate of $66.21 billion. Adjusted earnings came…
To understand the magnitude of the change, it is useful to revisit how salaries have typically been paid in India. (AI image) India’s wage and compensation landscape is entering a new and progressive phase. The implementation of the four labour codes, effective 21 November 2025, together with the new Income‑tax Act and Rules coming into…
The requirement to blend ethanol with petrol has been introduced to lower dependence on imported crude oil and curb emissions. (AI image) The sale of ethanol blended petrol has been made compulsory effective April 1, 2026. The government has made it mandatory to market petrol blended with ethanol at levels of up to 20% and…
CHENNAI: India’s solar exporters face a severe jolt after the US commerce department proposed countervailing duties of 125.9% on crystalline silicon photovoltaic cells from India, citing alleged subsidies. The preliminary finding covers shipments to the US, which absorbs more than 95% of India’s solar cell and module exports.The duty is likely to wipe out the…
Gold appears set to continue its advance toward the 170,000 level in the coming sessions. (AI image) Gold and silver price prediction: Gold prices are exhibiting a bullish bias, while silver prices face resistance, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold Price Outlook On the weekly chart, MCX…
2 March Uttar Pradesh Holika Dahan 3 March Maharashtra, Madhya Pradesh, Uttarakhand, Assam, Telangana, Rajasthan, West Bengal, Goa, Bihar, Jharkhand, Kerala, Andhra Pradesh Holi (Second Day) / Dol Jatra / Dhulandi / Holika Dahan / Attukal Pongala 4 March Tripura, Gujarat, Mizoram, Odisha, Chandigarh, Uttarakhand, Manipur, Arunachal Pradesh, Jammu & Kashmir, Uttar Pradesh, Delhi, Bihar,…
Nomura initiated its coverage of Lloyd Metals with the target price at Rs 1,600. Analysts said that supported by low-cost iron ore assets to 2057, vertical integration into steel, predictable (MDO) earnings, and diversification into copper, LMEL is transitioning from a pure-play miner to a more stable, diversified and less cyclical business model. They estimate…