Global Headlines

Software shares rose on Wednesday after Guggenheim upgraded a trio of companies, saying fears that artificial intelligence poses a mortal threat to the sector are overdone.

European Central Bank Governing Council member Ulo Kaasik said further moentary tightening may be needed to ensure inflation returns to target after the Iran war.

Raw sugar futures rose to the highest price in more than a month as fears over El Niño prompt traders to cover short positions.

Signs of economic strength alongside easing price pressures spurred a bounce in stocks from session lows, with Federal Reserve Chair Kevin Warsh saying inflation risks have come down.

C. Joseph Vijay said the VB-G RAM G scheme, implemented from July 1, imposes an additional financial burden of over ₹5,000 crore under the new sharing pattern and restrictive operational implications on the State Government.