India’s aviation sector received a significant boost on Wednesday as the price of Aviation Turbine Fuel (ATF), commonly known as jet fuel, was reduced by approximately ₹5 per litre following a decline in international crude oil prices. The move comes after weeks of volatility in global energy markets and is expected to ease operational cost...
The Indian rupee opened on a weaker note and declined in early trade, slipping by 7 paise to touch 94.58 against the US dollar. The domestic currency reflected subdued sentiment in the foreign exchange market as traders reacted to a mix of global and domestic economic cues. According to market trends observed during early session...
In a development that is reigniting debate over the role of artificial intelligence in the workplace, a leading technology company valued at approximately $55 billion has reportedly reversed part of its workforce strategy by rehiring engineers after discovering that AI-powered systems could not fully replicate the skills, judgment, and experience of human professionals. The decision...
Indian equity markets began the trading session on a weaker note as renewed geopolitical tensions across global regions dampened investor sentiment and triggered widespread selling pressure in early trade. Benchmark indices opened in the red, reflecting cautious risk appetite among domestic as well as foreign institutional investors. Market participants reacted to heightened uncertainty in global...
Shares of Kotak Mahindra Bank came under significant selling pressure on Monday, declining by more than 3% during early trading hours after the bank announced that its Managing Director and Chief Executive Officer, Ashok Vaswani, would not seek reappointment at the conclusion of his current tenure. The development sparked concerns among investors regarding the future...
Apple is reportedly pursuing regulatory approval from United States authorities to purchase advanced semiconductor components from a Chinese technology company that remains on a government blacklist, a move that underscores the intensifying global race for artificial intelligence capabilities and the growing complexity of international technology supply chains. The development highlights the challenges faced by major...
In a significant development for the artificial intelligence sector, United States authorities have approved limited access to Anthropic’s advanced Mythos AI model following an extensive review centered on national security considerations. The decision marks a carefully calibrated approach by policymakers seeking to balance technological innovation with concerns surrounding the potential risks associated with highly capable...
One of India’s most influential business conglomerates, Tata Sons, has once again found itself at the center of a significant regulatory and corporate governance discussion. The debate revolves around whether the holding company of the Tata Group may eventually be required to launch an Initial Public Offering (IPO) and list its shares on stock exchanges...
Artificial intelligence is poised to become one of the biggest growth drivers for the global technology services industry over the next decade, according to Infosys, which believes AI will complement rather than replace the role of IT services companies. The technology giant has projected that AI-related opportunities for the industry could reach as much as...
The Adani Group has announced plans to develop up to 10 gigawatts (GW) of nuclear power generation capacity by 2035, signaling one of the most ambitious moves yet by a private Indian conglomerate into the country’s emerging nuclear energy sector. The announcement reflects the group’s broader strategy to diversify its energy portfolio while supporting India’s...