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WC assists top-end as smart TVs shrink

NEW DELHI: India’s smart TV market may have slipped into reverse in the first quarter of 2026, but the ongoing FIFA World Cup is emerging as an important catalyst for premium television sales. Brands are reporting a sharp surge in demand for larger screens, despite broader consumer caution.According to Counterpoint Research, India’s smart TV shipments...
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Debt’s the way for Indian IT acquisition funding

BENGALURU: Persistent Systems’ $1.5-billion bridge financing from Barclays for its proposed acquisition of German IT firm Nagarro is the latest sign that Indian IT companies are increasingly comfortable using debt to fund transformative acquisitions. This marks a departure from the industry’s long-standing preference for cash-rich, debt-free balance sheets.The financing, backed by a corporate guarantee of...
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Hero Moto to invest 3,200 crore in Andhra Pradesh

NEW DELHI: Hero MotoCorp is set to invest Rs 3,200 crore in Andhra Pradesh over the next three to five years as India’s largest two-wheeler maker ramps up manufacturing, strengthens its global supply chain and expands beyond vehicle production into higher-margin businesses such as accessories and merchandising.The investment includes Rs 750 crore for the company’s...
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FPIs’ $5bn bond purchase offsets steady equity sales

MUMBAI: Foreign portfolio investors turned net buyers in June after months of sustained outflows, as a surge in sovereign debt inflows offset continued equity selling and pushed overall flows into positive territory.According to data, June recorded net inflows of $531 million, marking the first positive monthly print after a prolonged phase of withdrawals. This was...
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UPI volumes up 1.2%, rise to 76 crore

MUMBAI: Average daily UPI volumes rose to 75.7 crore in June from 74.8 crore in May, up 1.2% month-on-month, while average daily value held steady at Rs 96,405 crore against Rs 96,465 crore, down 0.1%. According to National Payments Corporation of India, this stability in daily run rates came even as headline monthly numbers softened...
us stocks

Us Stocks Today: US stocks today: Wall Street under pressure as Nvidia, AMD and Micron lead AI stock sell-off

Wall Street falls as AI giants slide; investors track Iran tensions and Fed outlook US stocks traded under pressure on Wednesday as declines in major artificial intelligence-related companies weighed on the broader market, despite gains across most other sectors.Investors also remained cautious over US-Iran tensions, interest rate uncertainty and the outlook for inflation.The S&P 500...
trump crypto gain

Donald Trump Finances: ‘Everybody’s profiting’: Donald Trump reacts to $1.4 billion income disclosure, says stock market driving gains

File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump on Wednesday said he is not involved in managing his personal finances, a day after financial disclosures revealed he reported more than $1.4 billion in income from his family’s cryptocurrency ventures.Speaking to reporters at Joint Base Andrews before departing for North Dakota,...
stock market

Stock Market Gains July 1 2026: Stock market today: Which are top gainers and losers on NSE & BSE on July 1? Check list

Benchmark equity indices rebounded on Wednesday after two consecutive sessions of losses Benchmark equity indices rebounded on Wednesday after two consecutive sessions of losses, supported by positive global market trends and a decline in crude oil prices.The BSE Sensex climbed 443.97 points, or 0.58 per cent, to close at 76,922.64 after rising as much as...
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