Budget 2026: Rs 40,000 crore electronics component outlay lifts Dixon Tech, Kaynes, PG Electroplast, and other EMS stocks up to 7%

India’s electronics manufacturing services stocks surged up to 7% in Sunday trading after the government announced an expansion of its Electronics Component Manufacturing Scheme to Rs 40,000 crore, signalling a fresh push to localise production and accelerate semiconductor development. Shares of Indian EMS firms including Dixon Technologies, Kaynes Technology, PG Electroplast, Syrma SGS and Amber […]

CarTrade Tech shares slide 11% as investors look past Q3 revenue growth, margin expansion

Shares of CarTrade Tech slid as much as 10.7% on Wednesday to a low of Rs 2,270 on the BSE, even as the online auto classifieds firm posted double-digit revenue growth and a sharp expansion in margins for the December quarter, reflecting investor unease over a deceleration in topline momentum. The company reported its third-quarter […]

EU free trade to boost tech textile industry exports: MATEXIL

The India-EU free trade agreement will bring down tariffs to zero immediately after the agreement is officially implemented. Shaleen Toshniwal, Chairman, Manmade and Technical Textiles Export Promotion Council (MATEXIL) said the India-EU FTA, which is one of the most complex trade negotiations India has undertaken, comes at a crucial phase when there is global trade […]

S&P 500, Dow open slightly higher with big tech results, Fed decision on deck

The ‍S&P 500 and the ⁠Dow opened slightly higher on Monday, as ‌investors ‌braced for a heavyweight run ‌of earnings along with a closely watched Federal Reserve monetary policy decision later in the ‌week. At ‍09:30 ‍a.m. ET, the Dow Jones ‌Industrial Average rose 88.92 points, or 0.18%, to 49,187.63, the S&P 500 gained ‍8.82 […]

EU trade deal may give a big push to tech transfers, exports & more

Mumbai | New Delhi: Even as Europe has emerged as the largest export destination for Indian auto component makers ahead of the US, manufacturers expect the proposed free trade agreement with the European Union-set to be signed this week-to accelerate technology transfers, joint ventures and exports. The country’s largest-ever FTA is expected to boost shipments […]

Mike Rowe warns AI coming for coders, not welders as tech reshapes workforce

CEO of mikeroweWorks Foundation Mike Rowe joins ‘Varney & Co.’ to discuss people shifting from white collar to blue collar employment and the launching of an initiative in Texas to promote skilled trades. As artificial intelligence shakes up white-collar workplaces, Mike Rowe is warning of a quieter but significant blue-collar shift that could reshape how […]