India’s IT heavyweights dragged down the stock market today, tracking a 2% drop in Wall Street, on concerns that AI is set to disrupt their business model. The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Livemint) The 30-share BSE Sensex fell as much as 1.07%, or 903.17 points, to 82,771.75 points while the […]
India’s inflation rate has risen to the highest in eight months under the new CPI series to fall within the Reserve Bank of India’s tolerance band for the first time since August 2025. That indicates a status quo on repo rate in the longer term. India’s new inflation series cuts the weight of volatile items […]
New Delhi, Feb 8 (PTI) India’s housing market continues to be strong with steady growth in sales volume as well as pricing, Godrej Properties Executive Chairperson Pirojsha Godrej said, ruling out any concern on the demand side. India’s housing market remains robust, with steady growth in home sales and prices, and no demand-side concerns, Godrej […]
SkyHop aims to enhance regional connectivity, linking mainland India with islands and remote areas, while supporting tourism. Industrialist Avani Singh-led SkyHop Aviation has taken a significant step towards launching seaplane services in India, signing its first aircraft lease agreement with Japanese lessor AERL, industry sources told businessline. Accordingly, the development allows the upcoming operator to […]
Veteran investor Raamdeo Agrawal has described the government’s decision to offer a 100% tax holiday for data centres until 2047 as a transformational policy move that could reshape India’s position in the global artificial intelligence infrastructure race. Speaking to ET Now, Agrawal, Chairman & Co-Founder, MOFSL termed the incentive a “1000-pound gorilla” decision, arguing that […]
BVR Mohan Reddy, Founder Chairman, Cyient Ltd & Former Chairman, Nasscom | Photo Credit: BIJOY GHOSH They are often judged by what they announce; their deeper impact, however, lies in what they quietly enable. Seen through this lens, the Union Budget 2026 represents a meaningful step in India’s evolving technology journey. At a time of rapid technological […]
Total sales grew by 18.5 per cent to ₹5,643.5 crore. Domestic sales also grew by 18.3 per cent | Photo Credit: Pierre Albouy Nestle India’s net profit witnessed a 45.12 per cent surge in consolidated net profit at ₹998.42 crore for the quarter ended December 31 over ₹688.01 crore in the corresponding quarter in the […]
India’s medium-term growth trajectory can be lifted further through a new wave of structural reforms, Chief Economic Adviser V Anantha Nageswaran said, highlighting land, education, energy taxation and farm-sector changes as critical areas for pushing the economy towards a higher growth path. Speaking to ET Now following the release of the Economic Survey, Nageswaran said […]
India’s gold demand is likely to fall in 2026 following a drop of 11% last year, as a surge in prices dampens jewellery sales and offsets an uptick in investment buying, the World Gold Council said on Thursday. Higher gold prices have historically spurred Indians to sell jewellery and coins, but that hasn’t been the […]