New Delhi, May 24 (IANS) As artificial intelligence (AI) unfolds an exciting yet uncertain future at the global level, 45 per cent of organisations in India identify AI, digital, and data skills as their single largest workforce constraint, according to a new report.Around 54 per cent of organisations report moderate to low urgency on AI investment in the country.Green and ESG capabilities follow, with 41 per cent reporting a large gap. Only one in 14 organisations qualifies as advanced in ESG t…

New Delhi, May 24 (IANS) Stabilisation of the rupee and improvement in the prospects of earnings growth can bring foreign institutional investors (FIIs) back to Indian stock markets, analysts said on Sunday.The FII selling stood at Rs 30,374 crore (in May to date), taking the total FII selling in 2026, so far, to Rs 222,343 crore. This is higher than the total sell figure of Rs 166,283 crore for 2025. “The important question is: when will the FIIs turn buyers in India. It is important to under…

Seoul, May 24 (IANS) The combined balance of prepaid funds loaded onto Starbucks Korea cards stood at 420 billion won ($276 million) as of the end of 2025, data showed on Sunday, raising concerns over a regulatory blind spot and prompting calls for tighter supervision by financial authorities.According to Starbucks Korea’s audit report, the amount marked an 8.2 percent increase from 395 billion won a year earlier, reports Yonhap news agency.Despite holding a massive amount of customer funds load…

Seoul, May 24 (IANS) South Korea’s financial authorities are moving to allow foreign investors to trade domestic exchange-traded funds (ETFs) directly, a measure that could help draw more overseas money into Korean assets amid a record-setting rally in the benchmark KOSPI, sources said on Sunday.The KOSPI has been among the world’s best-performing stock indexes this year, rising 82 percent from 4,309.63 on the first trading day of the year to close at 7,847.71 on Friday, driven largely by strong…

Mumbai, May 23 (IANS): India’s fuel supply management has remained stable despite global disruptions, said former Chairman of Indraprastha Gas Limited (IGL) and former Director (HR) of Bharat Petroleum Corporation Limited (BPCL) Raj Kumar Dubey on Saturday.Speaking with IANS, Dubey said, “Supply management has been exemplary, otherwise you would have faced shortages like several other countries. But India never faced any shortages in terms of fuel, petrol and diesel. LPG is an area of concer…

New Delhi, May 23 (IANS) Despite public assertions of a no-limits strategic partnership, Russia-China trade has shown signs of slowing after years of strong post-2022 expansion, even as political ties between Moscow and Beijing remain close, a report has said.A report by The Moscow Times highlighted that during Russian President Vladimir Putin’s recent visit to China, both sides emphasised deepening cooperation and robust economic engagement.However, trade figures indicate emerging constraints…

New Delhi, May 23 (IANS) The Indian government has effectively managed the impact of global crude oil volatility, maintaining stable fuel availability backed by strong refining capacity and supply systems that have ensured uninterrupted access to petrol and diesel, KPMG International’s Global Head for Energy, Natural Resources and Chemicals (ENRC) Anish De said on Saturday.In an exclusive interview with IANS, De said recent fuel price increases in India reflect the lag between global crude oil…

New Delhi, May 23 (IANS) India and Boeing on Saturday held discussions on strengthening cooperation in aviation and aerospace manufacturing, focusing on opportunities in maintenance, repair and overhaul (MRO), skilling, supply chain development, innovation and expanding India’s role as a global manufacturing and engineering hub under the Make in India initiative.Taking to the social media platform X, Union Minister of Commerce and Industry Piyush Goyal, said that the deliberations took place b…

New Delhi, May 23 (IANS) State-owned energy services provider NTPC Limited on Saturday reported a strong financial performance for the fourth quarter and full financial year ended March 31, 2026, driven by operational gains, capacity additions and improved efficiencies.The public sector company reported a 75 per cent quarter-on-quarter (QoQ) growth in profit after tax (PAT) in the January-March quarter to Rs 8,747 crore from Rs 4,987 crore reported in the third quarter of FY2026.For the full fin…

New Delhi, May 23 (IANS) India has moved a significant step closer towards long-term energy self-sufficiency after its indigenously developed 500 MW Prototype Fast Breeder Reactor (PFBR) at Kalpakkam in Tamil Nadu achieved criticality — a stage at which a nuclear reactor attains a controlled and self-sustaining chain reaction for the first time, a report said.According to an analysis by Business Report, the milestone marks India’s entry into an elite group of nations possessing advanced fast …