Stock recommendations for 22 May from MarketSmith India

New Delhi, May 22 -- The Indian equity benchmarks experienced a highly volatile session, with early gains evaporating by the closing bell. Boosted by temporary relief in global geopolitical tensions a... Read More

Bandhan eyes new growth opportunity from 'double-engine' govt in Bengal

Mumbai, May 22 -- Kolkata-based Bandhan Group expects the new Bharatiya Janata Party (BJP)-led government in West Bengal to improve coordination with the Centre and revive investment and infrastructur... Read More

As OpenAI and Anthropic soar, where do India's AI startups stand?

New Delhi, May 22 -- US-based Anthropic and OpenAI, the world's two largest artificial intelligence (AI) startups and bitter rivals, are said to be eyeing IPOs at $1 trillion valuations each. India ha... Read More

After excise duty cut, BJP-ruled states may cut duty on VAT

New Delhi, May 22 -- States ruled by the Bharatiya Janata Party (BJP) may lower value-added taxes (VAT) on transport fuel following the Centre's excise duty cut, four people aware of the plans said. ... Read More

India's B2B AI startups see sales cycles shrink as deployments pick up

New Delhi, May 22 -- Sales cycles for India's business-to-business (B2B) artificial intelligence (AI) startups have started shrinking, as a growing number of companies move to rapidly embed the techno... Read More

RBI's surprise $5 bln swap seen cooling forward premiums, easing bank liquidity strain

MUMBAI, May 22 -- The Reserve Bank of India's surprise decision to conduct a $5 billion dollar-rupee buy/sell swap auction on 26 May is viewed as a move to ease stress in the forward currency market w... Read More

Shashi Tharoor backs Cockroach Janta Party, says youth need space for dissent: 'Opposition must seize this'

New Delhi, May 22 -- Senior Congress leader Shashi Tharoor has reacted to the rapid rise of the satirical online movement 'Cockroach Janta Party' (CJP), saying the phenomenon reflects growing frustrat... Read More

Anthropic in talks to use Microsoft's custom AI Chip after $5 Billion investment deal. Here is what we know

New Delhi, May 22 -- Microsoft is in active talks to supply Anthropic with its custom-built Maia artificial intelligence chip, CNBC has confirmed. No agreement has been finalised, according to a perso... Read More

Shashi Tharoor backs Cockroach Janta Party, says youth need space for dissent; 'Opposition must seize this'

New Delhi, May 22 -- Senior Congress leader Shashi Tharoor has reacted to the rapid rise of the satirical online movement 'Cockroach Janta Party' (CJP), saying the phenomenon reflects growing frustrat... Read More

Japanese proverb of the day on wisdom and humility: 'The skilled hawk hides...'

New Delhi, May 22 -- A well-known Japanese proverb, "The skilled hawk hides its claws", continues to offer an important lesson in today's competitive world. The saying suggests that truly talented peo... Read More

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