Latest News, Updates & Breaking Headlines
Air India’s operational turnaround is showing early results, with fleet reliability improving and spare parts availability rising as the airline advances its transformation plan, CEO Campbell Wilson said on Thursday.Speaking during a town hall with employees, Wilson said operational resilience remains a key focus area for the Tata Group-owned carrier and that enhanced fleet reliability…
A drop in US mortgage rates is offering early encouragement to prospective homebuyers ahead of the crucial spring homebuying season, even as borrowing costs continue to hover near the 6% mark.The average rate on a 30-year fixed mortgage declined to 6.01% this week from 6.09% a week earlier, mortgage buyer Freddie Mac said Thursday, AP…
Global CEO and President Cristiano Amon In a big affirmation of India’s electronics manufacturing and AI ambitions, American semiconductor giant Qualcomm is all set to sign a deal to contract-manufacture and source automotive module products from India that will be exported across the world, apart from being sold in the domestic market, Global CEO and…
NEW DELHI: India will play a “central role” in shaping both the opportunities and safeguards around advanced artificial intelligence, Anthropic CEO Dario Amodei said on Thursday, as the company announced its India expansion.Anthropic has opened an office in Bengaluru and appointed Irina Ghose as managing director for India. The company also said it has entered…
Rising geopolitical tensions and renewed safe-haven buying pushed precious metals sharply higher on Thursday, sending silver soaring in the domestic market while gold extended its upward momentum.Silver prices in the national capital surged by Rs 18,000, or 7.32 per cent, to Rs 2,64,000 per kg (inclusive of all taxes), according to local marketmen, PTI reported….
Roshni Nadar (File photo-PTI) Artificial intelligence is forcing a structural rethink of India’s technology growth model, with HCL Technologies chairperson Roshni Nadar Malhotra on Thursday calling for a decisive transition from services-led expansion to intellectual property creation to remain globally competitive.Addressing the AI Impact Summit 2026, Malhotra said the next phase of economic value creation…
US stocks edged lower on Thursday as rising oil prices and renewed concerns over a potential US-Iran conflict weighed on investor sentiment, even as several companies reported mixed quarterly earnings, according to AP.The S&P 500 slipped 0.4% and was on track for its first decline in four sessions. The Dow Jones Industrial Average fell 257…
The US trade deficit in goods widened to a record level in 2025 even as overall trade flows expanded, underscoring persistent import strength despite tariffs imposed during President Donald Trump’s first year back in office, according to the US government data.Data released by the Commerce Department showed the US goods deficit reached $1.24 trillion in…
Foreign institutional investors (FIIs) are sharply reducing exposure to technology sector, amid rising concerns that advances in artificial intelligence could disrupt traditional software services business models that have long powered the country’s IT industry.FIIs pulled out Rs 10,956 crore from Indian IT stocks in the first fortnight of February alone, as the launch of new…
Stock market today: Benchmark equity indices snapped a three-day winning streak on Thursday, with the Sensex plunging over 1,200 points and the Nifty closing near the 25,450 mark amid a broad-based sell-off triggered by escalating geopolitical tensions between the US and Iran.The 30-share BSE Sensex tumbled 1,236.11 points, or 1.48 per cent, to settle at…
