Wed, Feb 14, 2024 9:09 AM
Oil prices fall on sticky inflation, bigger-than-expected crude stock build
A Flip by Shubhangi Gupta
Indian IT companies saw their stocks surge following Donald Trump's presidential election victory. The rally was fueled by optimism surrounding Trump's pro-business policies, which are expected to boost IT spending. However, potential protectionist measures under a Trump administration pose a risk for Indian software exporters, potentially hindering the sector's growth.
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Visa is rolling out a series of new tools to change the payment experience with a focus on smoother guest checkout processes, advanced fraud prevention, and improved cross-border functionality. The global payments provider is working on payment passkeys as the next-generation authentication solution to reduce friction in e-commerce payments.
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Adani Enterprises will spend around ₹67,000 crore on capital expenditure in the current fiscal year, as against the Rs 80,000 crore it had guided for at the start of the current fiscal, because of an extended monsoon period affecting project schedules. This is the second time in 2024 that the company is cutting its capital expenditure guidance.
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