SpaceX raised a record-breaking $75 billion through its IPO last week, and two more mega IPOs—OpenAI and Anthropic—are expected soon. Successful closure of all these three offers could mean it’s the global market’s top in the current bull phase, and a major slide could soon follow, one of the world’s leading fund managers has warned.“It…
NEW DELHI: With an eye on strengthening the labour market data, the statistics ministry has set up a high-powered experts committee to examine issues linked to the informal sector employment, moonlighting, seasonal migration, and the gig and platform work.The 22-member panel, constituted on June 9, will be headed by Institute for Human Development (IHD) professor…
Top stocks to buy today (AI image) Stock market recommendations: Privi Speciality Chemicals, and Cummins India have been selected as the top stocks to buy for the week starting June 15, 2026 by Motilal Oswal Wealth Management Research Desk: Stock Name CMP (Rs) Target (Rs) Upside (%) Privi Speciality Chemicals 3454 3900 13% Cummins India…
Gold prices advanced 2% on Monday after officials from the United States and Iran announced that they had reached an initial understanding aimed at ending hostilities between the two countries. The development triggered a decline in oil prices and reduced concerns about persistent inflation and elevated interest rates. Spot gold rose 2% to $4,304.11 an…
Indian equities may witness an uptrend as easing concerns surrounding the US-Iran conflict improve global risk sentiment. The sharp market recovery suggests that investors are beginning to price in a more favourable geopolitical outcome. While a formal agreement remains pending, the moderation in crude oil prices and appreciation in the rupee to 94.9 against the…
NEW DELHI: Most of the conversation around AI has been about the jobs it could disrupt. What the technology has also triggered, far less visibly, is an unprecedented surge in demand for certain skilled human talent. An analysis by talent firm Randstad of over 50 million job postings, shared exclusively with TOI, shows the demand…
MUMBAI: Global investment firm KKR has said that central banks globally will start tightening this year and it has expressed caution on long-duration govt bonds, over-levered 2021 vintage deals, lower-income consumer exposure, and assets dependent on a return to the old regime of low inflation, low rates, and abundant liquidity.In its mid-year outlook report ‘The…
NEW DELHI: Chief economic advisor (CEA) V Anantha Nageswaran has described the current valuations of AI-related companies as a “bubble”, saying fears about AI-driven job losses may be exaggerated amid intense investor enthusiasm around the technology.Nageswaran said, “The stock market, AI-related stocks and AI-related valuations are definitely a bubble. There is no question about it.”…
Commerce and Industry minister Piyush Goyal on Sunday invited French companies to invest in India’s manufacturing sector, pitching the country as a trusted partner offering scale, talent and innovation opportunities.Speaking at the ‘Bharat Innovates’ event in Nice in the presence of Prime Minister Narendra Modi and French President Emmanuel Macron, Goyal said India can provide…
Days after three Indian seafarers onboard MT Settebello were killed following a US military strike off the Oman coast, the Directorate General of Shipping (DGS) has advised maritime recruitment and placement agencies to restrict the deployment of Indian seafarers to conflict areas until further orders.In a circular, the shipping regulator also directed vessels operating in…
