Southern Petrochemicals Industries Corporation Ltd has reported a consolidated net profit after tax of Rs 54.07 crore for the October-December 2025 quarter, the company said on Saturday.The city-based agri-food and fertilizer company had posted a net profit of Rs 38.50 crore during the corresponding quarter of the last fiscal. Net profit after tax for the […]
Domestic benchmark indices closed sharply lower on Friday due to broad selling, with losses most pronounced in consumer, IT and energy stocks. The Nifty settled at 25,471.10, down 336 points or 1.30%, while the BSE Sensex tumbled 1,048.16 points or 1.25% to end at 82,626.76.After a successive correction, the setup for Nifty has turned relatively […]
The Reserve Bank of India’s amendment, which will come into effect on April 1, 2026, heralds sweeping changes to the financing structures, collateral standards and exposure rules across the capital markets ecosystem – a move that could reshape the operational landscape for stockbrokers.A key change under the amendment is the shift to fully secured financing […]
Veteran investor Howard Marks has long argued that successful investing is less about predicting exact turning points and more about understanding where the markets stand in the broader cycle. His core message in his book ‘Mastering the Market Cycle’ has taken on renewed importance in today’s complex and rapidly changing market environment, where optimism around […]
Gold and silver futures rallied on bargain hunting after weaker-than-expected US inflation data revived hopes for Federal Reserve rate cuts this year, offsetting concerns from stronger-than-expected employment data earlier this week.On Friday, MCX silver futures for March 5, 2026 rose 3.62%, up from Rs 8,564 to Rs 2,44,999 per kg. Gold futures for April also […]
After a brutal two-day sell-off that saw Infosys and Wipro ADRs fall as much as 14.5%, Friday’s session brought a much-needed breather. The bargain hunt started at lower levels, leading to a sharp rebound as Infosys rose 4% while Wipro rose 3%, helping both stocks end the week on a much stronger note.A whopping Rs […]
Artificial intelligence is no longer a distant promise; it is quickly becoming a competitive necessity. Sir Martin Sorrell, Founder and Executive Chairman of S4 Capital, on the sidelines of ET Now GBS, spoke about the changing global landscape and highlighted why external pressures, and not just technological curiosity, are pushing industries towards faster adoption, and […]
Bitcoin and Ethereum are hovering around the $68,000 and $2,054 levels respectively. Experts note that while BTC and ETH remain stable as global macro factors begin to align, technical indicators and on-chain data point to a cautious near-term outlook.In the past 24 hours, Bitcoin and Ethereum have risen 3.73% and 5.51% respectively. Among the major […]
As Bitcoin struggles to climb out of its current funk, several indicators suggest that any breakout of the $60,000 level would unleash a new bout of extreme turbulence. The largest cluster of bets in Bitcoin’s options market are contracts that pay off if the price falls below $60,000, according to Deribit data. Just below that […]
ET Intelligence Group: Will Indian software companies rise to the challenge posed by new models of artificial intelligence (AI) that are transforming the way business solutions are implemented and delivered to customers? While the jury is still out, one thing is clear: domestic software exporters are far from unprepared. Both large and mid-sized IT companies […]