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May 23, 2025

What Harvard's ban means for int'l students

The US government, on Thursday, revoked Harvard University’s ability to enroll international students, marking a significant escalation in its ongoing standoff with the Ivy League school. The decision, announced by the Department of Homeland Security (DHS) on Thursday, directly impacts nearly 6,800 foreign students and intensifies scrutiny over the university’s campus policies.Harvard’s official website states that between 500 to 800 Indian students and scholars are enrolled at the university each year. At present, the number stands at 788.What happens to students already on campus?International students currently enrolled at Harvard must transfer to another SEVP-certified university or risk losing their legal status in the US. Homeland Security Secretary Kristi Noem said in a letter

May 23, 2025

Gold price prediction: Yellow metal at 2-week high amid bond trouble. Breakout coming?

After witnessing some profit booking due to volatility in global bond markets and a rally in Bitcoin prices, Gold June futures contracts at MCX opened flat with a positive bias at Rs 95,600/10 grams, at their 2-week high. The prices were higher by 0.07% or Rs 64.Additionally, silver July futures contracts also echoed a similar sentiment, opening slightly higher by Rs 255 or 0.26% at Rs 98,051/kg.On Thursday, gold and silver settled on a weaker note in the domestic and international markets. Gold June futures contract settled at Rs 95,536 per 10 grams with a loss of 0.07%, and silver July futures contract settled at Rs 97,796 per kilogram with a loss of 0.46%.Gold and silver showed very high volatility and gained in the early trading session but were unable to hold their gains amid profit t

May 23, 2025

HFCL shares rise 3% after Q4 results; expects 25–30% revenue growth in FY26

HFCL shares rose 3% to Rs 87 in intraday trade on Friday on the BSE after the telecom and defence equipment maker reported its Q4FY25 earnings. The company posted a net loss of Rs 81.4 crore, compared to a profit of Rs 110 crore in the same quarter last year, mainly due to weak demand for optical fibre cables (OFC).Revenue for the quarter declined 39.6% year-on-year to Rs 800.7 crore, from Rs 1,326 crore a year ago. EBITDA turned negative at Rs 36 crore, against a positive EBITDA of Rs 195.5 crore in the year-ago period.The board has approved a 10% dividend of Rs 0.10 per equity share for FY25, subject to shareholder approval at the upcoming annual general meeting.Despite financial challenges, HFCL Managing Director, Mahendra Nahata remained optimistic, "FY25 was a year of both strategic a

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