New Delhi, April 23 (IANS) Gross FDI (equity) flows to India accelerated to $90.8 billion (2.3 per cent of GDP) in January 2026 on a on a 12-month trailing basis, up by a healthy 13 per cent from $80.3 billion in January 2025 (2.1 per cent of GDP), a Morgan Stanley report showed on Thursday.Gross FDI (ex repatriation) improved to a three-year high of $36.3 billion in January 26, rising 38.4 per cent on-year. The trend in gross FDI has recovered steadily since January 2024, underpinned by strong …
Latest IT sector News & Updates
Mumbai, April 20 (IANS) Indian equity markets ended Tuesday’s session on a flat note, with benchmark indices giving up most of their intra-day gains amid rising geopolitical concerns in West Asia that dampened investor sentiment.The Nifty closed marginally higher by 11.30 points, or 0.05 per cent, at 24,364.85, while the Sensex inched up 27 points, or 0.03 per cent, to settle at 78,520.30.Commenting on Nifty technical outlook, experts said that going forward, the 24,400–24,500 zone remains a…
New Delhi, April 16 (IANS) Radicalisation has become one of the biggest threats facing India. The agencies warn that radicalisation camps can come up at unassuming locations as they largely remain off the radar. The TCS case is one such example where the police found that professional seniority was used as a leverage to allegedly radicalise and also convert vulnerable junior employees between 2021 and 2026.While the probe is ongoing, the agencies are set to look into a larger pattern. More such …
New Delhi, April 12 (IANS) Women’s participation in contractual and flexible roles in India’s IT and ITeS sector has seen a steady rise, reaching 40 per cent in FY26, a new report said on Sunday.The report, titled “Women in IT/ITeS: Trends in Contractual/Flexi Roles” by Careernet, showed that women’s placements have grown by 10 percentage points, from around 30 per cent in FY22 to 40 per cent in FY26.The study is based on an annual sample of around 3,000 contractual placements and indi…
Mumbai, April 7 (IANS) Indian equity markets extended their winning streak for a fourth straight session, supported by late buying interest that lifted benchmark indices higher by the close.The Nifty ended the day up 0.68 per cent, gaining 155.40 points to settle at 23,123.65. Meanwhile, the Sensex rose 0.69 per cent, or 507.73 points, to close at 74,616.58.“Going ahead, continuation of this momentum may push the index towards the 23500-23600 resistance band, which remains a critical hurdle du…
New Delhi, April 7 (IANS) The Reserve Bank of India (RBI) is likely to keep policy rates on pause as liquidity tools will take centre-stage in 2026, even as crude prices sit about 50 per cent above the central bank’s $70 per barrel assumption, a report said on Tuesday.”Current oil prices are 50 per cent above RBI’s assumption of $70/bbl. Despite this, we continue to see a high bar for monetary tightening,” the report from SBI Mutual Funds said.The AMC firm noted metals and mining as sectoral…
New Delhi, April 3 (IANS) Sentiment towards India’s IT services sector has turned more bearish amid rising global uncertainties, although investors remain hesitant to take strong directional bets, a report said on Friday.BNP Paribas India said in its report that while uncertainty has increased, investors — particularly hedge funds — are avoiding clear market calls and are instead reducing exposure by trimming factor-based positions.The report noted that recent volatility, including rapid rev…
New Delhi, April 2 (IANS) CPI-MLL MP Raja Ram Singh on Thursday condemned the reported mass layoffs by Oracle Corporation, asserting that “workers cannot be treated as expendable” and urging the government to take immediate action to protect employees’ rights and ensure accountability in the IT sector.In his letter addressed to Union Labour Minister Mansukh Mandaviya, Singh, who represents Bihar’s Karakat seat in the Lok Sabha, expressed “deep concern and outrage” over reports that the mul…
Mumbai, March 27 (IANS) Indian stock markets ended sharply lower on Friday, snapping a two-day winning streak, as uncertainty around ongoing talks between the United States, Israel and Iran unsettled investor sentiment.The benchmark indices saw heavy selling pressure throughout the session. The Nifty fell 2.09 per cent, or 486.85 points, to close at 22,819.60. Similarly, the Sensex dropped 2.25 per cent, or 1,690.25 points, to settle at 73,583.22.Commenting on Nifty outlook, experts said that te…
Mumbai, March 25 (IANS) Indian stock markets ended higher for the second straight session on Wednesday, supported by easing oil prices and positive global cues. Investor sentiment improved after US President Donald Trump reiterated that talks are ongoing to bring an end to the conflict in the Middle East.The benchmark indices saw strong gains, with the Nifty rising 1.72 per cent, or 392.70 points, to close at 23,306.45.The Sensex also advanced 1.63 per cent, or 1,205 points, to settle at 75,273….