India is planning to build three more strategic oil storage facilities to boost its energy security. These new reserves, including facilities in Bikaner, Mangalore, and Bina, will add to the existing capacity of 5.33 million tonnes.
Oracle’s stock surged to a record high following the announcement of a major cloud computing agreement projected to generate over $30 billion in annual revenue starting in fiscal year 2028. This deal, potentially linked to OpenAI and SoftBank’s Stargate project, underscores Oracle’s growing influence in AI infrastructure and cloud services.
HDB Financial Services share price today: HDB Financial Services debuted on the stock market at Rs 835, a premium over its IPO price. The IPO garnered significant investor interest, especially from institutions. It became the eighth largest NBFC in India by market value.
India’s IT sector anticipates a subdued first-quarter performance, with top firms like TCS and Wipro facing flat or declining revenue. Infosys and LTIMindtree expect modest growth, while mid-tier companies may outperform. BFSI shows recovery signs, but deal activity is slow. Companies are managing margins through cost controls, and GenAI offers a positive outlook despite varied…
The Goods and Services Tax slabs may be revamped soon, according to media reports. The government is planning to lower GST rates for household items, the reports claim. Gross GST collections reached a record high in fiscal year 2024-25.
Bank of Japan interest rate: The Central Bank of Japan has made the biggest interest rate borrowing in 17 years. A 3% increase in consumers and global trade tensions have influenced this decision. Bank of Japan interest rate: The Central Bank of Japan (Bank of Japan) has increased the interest rate hike by 0.5% after…
Hours before President-elect Donald Trump second inauguration, incoming first lady Melania Trump announced the launch of her own cryptocurrency. “The official Melania meme is live! You can now buy $MELANIA,” he shared on X. The release of $MELANIA came shortly after Mr. Trump introduced his meme coin, which briefly affected the value of $TRUMP, but…
