New Delhi, Jan 29 (IANS) Prime Minister Narendra Modi on Thursday told top CEOs and experts working in the field of Artificial Intelligence that there should be no compromise on the ethical use of AI.The Prime Minister was interacting with the CEOs in a meeting held at his Lok Kalyan Marg residence, in the run-up to the IndiaAI Impact Summit in February. The session was aimed at fostering strategic collaborations, showcasing AI innovations, and accelerating India’s AI mission goals.PM Modi hig…
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Mumbai, Jan 29 (IANS) Indian equity markets ended higher for the third straight session on Thursday, overcoming early volatility as investor sentiment improved after the release of the annual Economic Survey. The survey’s positive outlook on economic growth and fiscal discipline helped markets recover from a cautious start and close in the green.The Economic Survey projected India’s GDP growth to be in the range of 6.8 to 7.2 per cent in the 2026–27 financial year.It also said the country …
Mumbai, Jan 20 (IANS) Early results from India Inc’s December quarter showed a muted earnings season as one‑time charges tied to the new labour code and other transitional costs weighed on profits, industry analysts said.About 10 Nifty 50 firms have reported their results so far, mostly IT companies and few banks. Analysts said there were no upside surprises in the results, with most companies delivering mixed results or falling short of expectations.A major drag on corporate earnings was th…
Mumbai, Jan 18 (IANS) Indian stock markets are likely to remain volatile in the coming week as investors track the progress of the December quarter earnings season, developments related to India-US trade ties, and key global economic data from the United States.The benchmark indices, Sensex and Nifty, snapped their two-session losing streak on Friday (January 16), supported by strong buying interest in IT and banking stocks.The Sensex rose 188 points, or 0.23 per cent, to close at 83,570.35, whi…
Mumbai, Jan 14 (IANS) Indian stock markets ended lower on Wednesday after a highly volatile trading session, as losses in IT and realty stocks weighed on investor sentiment. Rising geopolitical tensions and uncertainty surrounding the US-India trade deal also capped any meaningful recovery during the day.The Sensex slipped 0.29 per cent, or 244.98 points, to close at 83,382.71, while the Nifty ended 0.26 per cent, or 66.70 points, lower at 25,665.60.“From a derivatives perspective, Nifty optio…
Mumbai, Jan 12 (IANS) India’s largest IT services company, Tata Consultancy Services (TCS), on Monday reported a 13.9 per cent year-on-year (YoY) fall in its consolidated profit for the third quarter of the current financial year (Q3 FY26).The IT firm’s consolidated net profit declined to Rs 10,720 crore, compared to Rs 12,444 crore in the same quarter last financial year (Q3 FY25), according to an exchange filing.On a quarter-on-quarter basis, profit dropped 11.6 per cent from Rs 12,131 cro…
New Delhi, Jan 10 (IANS) The stock market focus in the coming week will shift firmly to third-quarter (Q3) earnings from India Inc, with heavyweight IT companies set to take centre stage and drive index-level direction, analysts said on Saturday.HCL Tech, TCS, Infosys, Tech Mahindra and Wipro— together accounting for nearly 13 per cent of the Nifty’s weight — are scheduled to report, making their results and management commentary critical for broader market sentiment.“Investor focus will…
Mumbai, Jan 8 (IANS) Indian equity markets witnessed their sharpest fall in a month on Thursday as benchmark indices extended losses for the fourth straight session, weighed down by rising concerns over India–US trade tensions.Investor sentiment turned cautious after reports suggested that the administration of US President Donald Trump could consider imposing steep tariffs of up to 500 per cent on Indian goods.The possibility of such harsh trade measures triggered widespread selling across se…
New Delhi, Jan 7 (IANS) Indian specialists accounted for roughly 34 per cent of specialist‑level talent moving to Finland in 2025, with tech and engineering professionals employed at firms including Nokia, Kone, Wärtsilä, HCL, Infosys and TCS, a report showed on Wednesday.The report from Finnish government organisation Business Finland said that the country issued about 300 first‑time specialist residence permits to Indian professionals between January and November 2025, adding to over 20,…
Amaravati, Jan 6 (IANS) Andhra Pradesh Chief Minister N. Chandrababu Naidu on Tuesday called for developing island tourism in the state on the lines of the Maldives.The Chief Minister directed the officials to promote tourism in a big way and prepare a master plan for beach tourism.Addressing the Pradesh State Investment Board meeting, the Chief Minister said that the Suryalanka beach should be developed over a stretch of 15 kilometres.He told officials that the Suryalanka beachfront should be a…