British fashion giant Burberry announced plans to slash almost one fifth of its global workforce, laying off 1,700 employees. The move comes as a major cost saving move to revive the company’s performance.The cuts come as part of a broader shake-up under chief executive officer Joshua Schulman, who joined the company last year to reverse…
India’s wholesale price inflation eased to a 13-month low of 0.85% in April 2025, helped by a decline in the prices of food items, fuel, and manufactured goods. Experts predict that rate could further decline in the coming month.This marked a significant drop from the 1.19% inflation rate recorded over the same period last year…
Jaguar Land Rover (JLR) is facing a slow down in its sales in the Indian market amid uncertainty over the India-UK free trade agreement (FTA). The automaker’s top executives met at Bombay House on Monday to discuss the developments, a day ahead of the company’s quarterly results, ET reported quoting sources.Despite the recent slowdown, JLR…
Nvidia CEO Jensen Huang’s net worth soared to near $120 billion, up from $80 billion just a year ago, driven by surging demand for the company’s artificial intelligence chips.This boost lifts him higher up the ranks of the world’s wealthiest individuals on Forbes’ real-time billionaires list, according to a Reuters report.The chipmaker’s market value hit…
Nvidia CEO Jensen Huang’s net worth soared to near $120 billion, up from $80 billion just a year ago, driven by surging demand for the company’s artificial intelligence chips.This boost lifts him higher up the ranks of the world’s wealthiest individuals on Forbes’ real-time billionaires list, according to a Reuters report.The chipmaker’s market value hit…
Experts advise that if the policy is going to mature in 3-4 years, it is better to continue paying the premium. (AI image) Most taxpayers are shifting to the new tax regime. They will not only pay less tax but also be free from the maze of deductions and exemptions. Taxpayers who made the mistake…
Gold’s support levels are at Rs 93,150-92,660, with resistance at Rs 94,000-94,450. (AI image) Gold rate today: Following profit booking, Gold June futures at MCX declined to Rs 93,195/10 grams, showing a decrease of Rs 452 or 0.48%, despite an initial upward movement in precious metals driven by reduced inflation.Similarly, Silver July futures contracts experienced…
Gold price predication: What are the key events that will shape the direction of gold prices going ahead? (AI image) Gold price prediction: Global gold prices have been fluctuating – from hitting new highs, to giving up those gains – as trade uncertainties are weighing on the yellow metal’s outlook. Domestically, the India-Pakistan conflict has…
Market watchers continue to monitor geopolitical developments, institutional investment patterns, and forthcoming economic indicators. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Wednesday. While Nifty50 was above 24,600, BSE Sensex crossed 81,300. At 9:16 AM, Nifty50 was trading at 24,621.50, up 43 points or 0.18%.BSE…
BENGALURU: India’s tech startup ecosystem saw 45 M&A transactionsin the March quarter of the current calendar year, marking a 61% jump year-on-year from 28 deals in the corresponding period last year, according to data from market intelligence platform Tracxn.Sequentially, the transaction volume rose from 33 to 45.This is the highest number of startup acquisitions reported…
