Mumbai, Feb 20 (IANS) The Indian equity markets opened the last trading session of the week in red on Friday, extending sharp losses seen the previous day.As of 9.26 a.m., Sensex lost 154 points, or 0.19 per cent, to reach 82,343, and Nifty dipped 31 points, or 0.12 per cent, to settle at 25,423.Main broad-cap indices moved in opposite directions as the Nifty Midcap 100 lost 0.13 per cent, while the Nifty Smallcap 100 gained 0.13 per cent.Sectoral indices traded mostly in the green except Nifty …
Latest Banking News & Updates
New Delhi, Feb 17 (IANS) Artificial intelligence is set to redefine what work means across almost every role, especially for knowledge workers, and the shift is happening much faster than the industrial age, Mihir Shukla, Co-Founder, CEO and Chairman of US-based Automation Anywhere said on Tuesday.In an interview with IANS, Shukla said AI will reshape what work means across nearly every function, particularly for knowledge workers.“Unlike the industrial age that evolved over decades, the AI tr…
New Delhi, Feb 16 (IANS) Deal activity in India marked “a measured start” to 2026 as the market recorded 207 deals worth $7.2 billion in January, even as the private equity (PE) activity remained resilient, a report said on Monday.The report from Grant Thornton Bharat said India’s deal ecosystem saw moderation in activity amid the absence of large-ticket transactions with volumes and value easing 11 per cent and 60 per cent respectively on a month-on-month basis.The private equity landscape …
Ahmedabad/Surat, Feb 3 (IANS) The Indian share market surged on Tuesday after the announcement of a trade agreement between India and the United States, which lowered tariffs on Indian exports. The deal, finalised after discussions between Prime Minister Narendra Modi and US President Donald Trump, cuts tariffs from 50 per cent to 18 per cent, ending months of uncertainty that had been weighing on investor sentiment.The reduction in tariffs has had a notable impact on key sectors, partic…
New Delhi, Jan 29 (IANS) Marking a significant milestone in strengthening bilateral economic and strategic cooperation, India and the European Union (EU) have concluded negotiations on financial services in the Free Trade Agreement (FTA).Among the key achievements of Financial Services Annex, India and EU have committed to collaborate on enabling greater interoperability and interlinkages and development of electronic payment infrastructure and convenience of cross-border payments to promote rea…
New Delhi, Jan 28 (IANS) India’s strategic mergers and acquisitions (M&A) deal value rose 42 per cent (year-on-year) to $113 billion in 2025, a new report showed on Wednesday.The growth was driven primarily by robust domestic dealmaking, which accounted for 60 per cent of total deal value, alongside a sharp increase in inbound activity, up more than 300 per cent year on year. Foreign investors continued to target financial services and technology assets, according to Bain & Company in …
New Delhi, Jan 26 (IANS) Veteran banker and industrialist Uday Kotak on Monday said he was “humbled and honoured” to be conferred the Padma Bhushan.The government on Sunday announced the Padma Awards on the eve of Republic Day, with Kotak being conferred the Padma Bhushan for his exceptional contribution to the financial sector.“The India of today is unrecognisable from the one I was born in. The journey has been exhilarating. On this Republic Day, we stand at the fork of many roads,” Ko…
New Delhi, Jan 21 (IANS) India’s deal ecosystem recorded 2,658 transactions worth $133 billion in 2025, marking a 21 per cent year‑on‑year rise in deal volumes and a 13 per cent increase in values, a report said on Wednesday.The report from Grant Thornton Bharat said India’s deal ecosystem reflected the market’s resilience and depth amid a volatile global environment.The country attracted sustained capital flows, supported by strong economic growth and improving investor confidence.The…
New Delhi, Jan 16 (IANS) US-based AI safety and research company Anthropic on Friday announced to hire Irina Ghose as Managing Director for India market, as it prepares to open its first office in the country.Ghose, who most recently served as Managing Director, Microsoft India, brings more than three decades of experience in scaling technology businesses.“India has a real opportunity to shape how AI is built and deployed at scale,” she said.Indian organisations are moving beyond experimenta…
Mumbai, Jan 1 (IANS) Indian equity markets ended the first trading session of the calendar year 2026 on a flat note, as investors stayed cautious in the absence of strong domestic or global triggers.At the close of trade, the Sensex slipped marginally by 32 points, or 0.04 per cent, to settle at 85,188.6.The Nifty, meanwhile, edged higher by 16.95 points, or 0.06 per cent, to close at 26,146.55.“For the Nifty, 26,000–26,050 continues to act as an immediate support zone; as long as this area …