Latest News, Updates & Breaking Headlines
MUMBAI: India Inc is likely to continue to build on the relatively better showing of the July-Sept quarter (Q2FY26) as it starts announcing quarterly numbers for the Oct-Dec quarter (Q3FY26). Nifty 50 companies are expected to report net profit growth of up to 8.8% for Q3FY26 while sensex stocks could report net profit growth of…
Federal Reserve Chair Jerome Powell said Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimony this summer about the Fed’s building renovations. The move represents an unprecedented escalation in President Donald Trump’s battle with the Fed, an independent agency he has repeatedly…
NEW DELHI: Union minister Pralhad Joshi on Sunday called for international cooperation to support developing countries in scaling up renewable energy capacity without compromising development aspirations. The minister for New and Renewable Energy (MNRE) made the remarks at the 16th IRENA Assembly in Abu Dhabi, UAE, an official statement said. He noted that the global…
European Commission head Ursula von der Leyen will sign the Mercosur trade deal in Paraguay on January 17, Brussels said Sunday. The EU gave a long-delayed go-ahead Friday to the huge trade pact with the South American bloc — overriding opposition led by key power France.More than 25 years in the making, supporters see the…
NEW DELHI: In an effort to eliminate illegal activity in the digital asset market, India’s Financial Intelligence Unit (FIU) has unveiled stringent new anti-money laundering (AML) and know your customer (KYC) protocols for cryptocurrency exchanges, including mandatory liveness detection and geographical tracking during the onboarding process. The updated guidelines, issued on Jan 8, classify crypto…
BENGALURU: Cognizant is learnt to have secured a deal worth over $1 billion from Swiss pharma major Novartis as part of a consolidation contract that includes renewals as well as new scope spanning application services, infrastructure, data and AI-led offerings, people in the know told TOI. This marks the second consecutive billion-dollar deal for Cognizant…
CHENNAI: In a significant boost to its India strategy, Vietnamese electric vehicle maker VinFast has crossed the 1,000-unit mark in cumulative electric car sales in the country-an impressive milestone for a new entrant achieved in just about four months. The growth comes as the company steadily expands its sales and service footprint while strengthening its…
To beat the market in recent years, many investors applied a simple strategy: Load up on the biggest US technology stocks. It paid handsomely for a long time. But last year, it didn’t. For the first time since 2022, when the Federal Reserve started raising interest rates, the majority of the Magnificent 7 tech giants-Nvidia,…
RAJKOT: Reliance Industries will double its investment in Gujarat to Rs 7 lakh crore, focussing on clean energy, a bold push in artificial intelligence (AI) and digital inclusion, sports infrastructure and social development. RIL CMD Mukesh Ambani announced Sunday that the group will pioneer India’s AI push by setting up the country’s largest AI-ready data…
