Hangzhou-based Alibaba is cheaper than comparable U.S. tech stocks, measured by forward price-to-earnings ratio.
Posted in Business

A Place Where Some AI Stocks Are Still Cheap: China

SINGAPORE—The frenzy over artificial intelligence is sending technology-company valuations through the roof in the U.S. and Asian markets. One country still offers some relative bargains:…

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Posted in Economy

US Trade Representative Greer to visit India on June 23-24 for talks

New Delhi: ​June ​15 – U.S. ​Trade Representative Jamieson Greer is ‌scheduled ⁠to ⁠visit ​India on June 23-24, ​an Indian trade official ​said ⁠on Monday.His…

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Posted in Economy

India’s trade deficit narrows slightly to $28.21 billion in May as petroleum exports cushion energy import blow

India’s merchandise trade deficit narrowed marginally to $28.21 billion in May, as a windfall from higher petroleum exports helped offset the strain of elevated energy-driven…

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ET Startup Awards 2025: - The Economic Times
Posted in Startups

Gourmet retail startup Foodstories raises Rs 50 crore led by Nikhil Kamath

Gourmet retail startup Foodstories has raised Rs 50 crore in a round led by Zerodha cofounder Nikhil Kamath, with participation from the Narotam Sekhsaria Family…

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Posted in Economy

India’s wholesale inflation at 9.68% in May under revamped series as Iran war-driven oil costs bite

India’s wholesale inflation stood at 9.68% in May under a new series, while food and fuel prices stayed at elevated levels amid the continuing Middle…

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Posted in Economy

India’s fertiliser subsidy model is broken; direct income support is the only way forward: Ashok Gulati

India’s agriculture sector is heading into a challenging season. Concerns over a potentially weak monsoon, the possible impact of El Niño, geopolitical tensions in West…

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Alibaba bids $1.5 billion for China grocer Pupu in Meituan fight
Posted in Startups

Alibaba bids $1.5 billion for China grocer Pupu in Meituan fight

Alibaba Group Holding Ltd. is offering $1.5 billion to buy Chinese grocery delivery firm Pupu, initiating a bidding war as part of a broader campaign…

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Posted in Economy

Volatile crude prices, forex swings and poor rains pose challenge for India: FM Sitharaman

Union Finance Minister Nirmala Sitharaman on Monday said India faces a range of external and domestic challenges, including uncertainty over foreign exchange and crude oil…

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Posted in Economy

US-Iran peace deal may help boost India’s exports, stabilise rupee

New Delhi: The announcement that the US and Iran have finalised a deal to end their 107-day conflict and reopen the Strait of Hormuz is…

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A 40% surge in Corona Remedies' share price gave the company a market capitalisation of nearly  ₹9,000 crore. (HT)
Posted in Business

Sensex today surges over 1,100 points, Nifty nears 24,000 after US-Iran peace deal

Sensex today: Indian benchmark indices opened sharply higher on Monday, tracking a rally in global markets after the United States and Iran finalised a deal…

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