Representative image (AI-generated) HYDERABAD: Energy transition player AM Group, which recently inked a MoU with the Uttar Pradesh govt at WEF Davos for setting up a 1 GW high-performance compute hub in Greater Noida at an investment of $25 billion, on Monday said it commenced development of the mega project.The company said the Yamuna Expressway […]
US stocks today: Wall Street swings as AI jitters, weak consumer sentiment weigh on markets
File photo (Picture credit: AP) US stocks were mixed in uneasy trading on Tuesday as companies flagged weakening consumer confidence and investors continued reassessing the impact of artificial intelligence on corporate earnings.The S&P 500 was virtually unchanged after swinging between a modest gain and a drop of nearly 1%. The Dow Jones Industrial Average rose […]
Infosys-Anthropic pact reignites question: Turning AI risk into opportunity for Indian IT?
Shares of Infosys surged as much as 5 per cent to Rs 1,430.95 on the BSE on Tuesday after the IT major announced a strategic collaboration with Anthropic, offering relief to investors worried about the disruptive impact of artificial intelligence on traditional software services.The stock rally marks a sharp reversal for Infosys, which had been […]
RBI absorbs nearly half of FY26 government borrowing via OMOs to support liquidity
The Reserve Bank of India (RBI) has purchased government securities equivalent to 47 per cent of the Centre’s total bond issuances so far in FY26 to support liquidity in the banking system, according to public data.According to news agency PTI , the data compiled from RBI showed that the Centre raised Rs 13,65,000 crore between […]
‘Great place to find talent’: Reliance, Adani group scout for young engineers, data scientists at AI Summit
The hiring push comes amid a surge in investments by global companies looking to strengthen their AI presence in the country. (AI image) India’s first AI Summit is turning into a talent scouting ground for Mukesh Ambani-led Reliance Group and Gautam Adani-led Adani Group. The country’s two biggest business houses are actively looking for young […]
India tilts toward hybrid, storage power projects as solar prices remain low: Report
NEW DELHI: India’s power sector tendering pipeline is now shifting towards hybrid and storage-based projects, reflecting a growing focus on improving energy reliability and supporting renewable energy integration, according to a report by Nuvama Research.The report also noted that the country currently has an adequate solar power supply, with solar-hour electricity prices remaining low at […]
Silicon Valley-style fallout: Uber adds fuel to fire as Türkiye’s Getir founders sue Abu Dhabi’s Mubadala for $700M betrayal
Türkiye’s Getir Demands $700M From Abu Dhabi Investor Mubadala in Bitter Breakup In a major escalation of the ongoing dispute between a once-high-flying delivery start-up and its largest investor, the co-founders of Turkish food and grocery delivery startup Getir, Nazım Salur and Serkan Borançılı, have filed a $700 million lawsuit against Abu Dhabi’s Mubadala Investment […]
Draft Income Tax Rules 2026: How ITR forms are evolving – top changes explained
Draft Income Tax Rules 2026: Redesigned income tax return (ITR) forms, broader criterion for applicability of ITR forms, and more pre-filled details are some of the changes that income taxpayers can look forward to for the upcoming tax year 2026-2027 for which returns will be filed in 2027-28.The Income Tax Department has released the Draft […]
Auto wholesale growth to normalise at 3–6% in FY27 after strong H2 recovery: Report
Domestic passenger vehicle (PV) volumes are estimated to grow 4–6 per cent year-on-year in 2026–27, supported by sustained demand momentum.Srikumar Krishnamurthy, senior vice president & co-group head – corporate ratings at ICRA, said, “The current fiscal has unfolded as a tale of two halves for the Indian automotive industry, with the first half witnessing subdued […]
Gold price today: Yellow metal slips; check 24K, 22K city-wise rates in Delhi, Mumbai, Kolkata and more
Gold prices declined more than 1 per cent in the futures trade on Tuesday amid easing safe-haven demand, improving geopolitical sentiment and a firm US dollar.On the Multi Commodity Exchange (MCX), gold for April delivery fell by Rs 2,228, or 1.44 per cent, to Rs 1,52,532 per 10 grams in a business turnover of 7,553 […]