Business

Equity markets extended their losing streak for a third consecutive session on Monday, with benchmark indices witnessing sharp declines as crude oil prices surged after the United States and Iran failed to secure a peace agreement aimed at ending the ongoing conflict in West Asia. The BSE Sensex, comprising 30 shares, plunged 1,312.91 points or … Read more

NEW DELHI: India cannot afford to remain a passive consumer in the AI era and must urgently build its own frontier-scale artificial intelligence models if it wants to shape global technology rules, according to Pratyush Kumar, co-founder of Sarvam AI.Speaking at the CII Business Summit, Kumar said Sarvam is now preparing to train its first … Read more

MUMBAI: Investors continued to invest in equities, debt and gold through the mutual fund route despite volatile markets due to geopolitical tensions. In April, net inflows in equity funds were at Rs 38,440 crore, down marginally from Rs 40,450 crore in March while the corresponding figure in debt funds showed a huge reversal with a … Read more

BENGALURU: LTM (formerly LTIMindtree) increased fresher hiring by 40% in FY26 and expanded the deployment of AI agents across its workforce. At the same time, the company relied more on subcontractors in overseas markets and adopted a calibrated salary hike strategy amid macroeconomic uncertainty The IT firm onboarded more than 6,700 freshers during 2025-26, strengthening … Read more

Jewellery industry body All India Jewellers & Goldsmith Federation (AIJGF) on Monday urged the government to focus on domestic gold mobilisation and recycling instead of discouraging gold purchases, warning that any sharp fall in demand could hurt livelihoods linked to the sector, PTI reported.The federation’s comments came a day after Prime Minister Narendra Modi appealed … Read more

Wall Street’s main indices traded cautiously on Monday after last week’s record-setting rally as renewed concerns over stalled US-Iran peace talks and rising oil prices weighed on investor sentiment, Reuters reported.The Dow Jones Industrial Average was nearly flat in early trade, slipping 3.54 points, or 0.01 per cent, to 49,605.62.The S&P 500 rose 11.38 points, … Read more

India has sufficient fuel inventories and there is no plan to ration petrol, diesel or LPG supplies despite continuing disruptions in global energy markets, Oil Secretary Neeraj Mittal said on Monday, PTI reported.Addressing the CII Annual Business Summit, Mittal said the country has maintained adequate fuel and LPG stocks during the ongoing West Asia crisis … Read more

India expects a US delegation to visit the country for the next round of bilateral trade talks, though dates for the meetings are yet to be finalised, an official told news agency PTI on Monday.The development comes after Indian officials travelled to Washington DC in April for in-person discussions with their US counterparts to advance … Read more

The Centre on Monday said India has “ample” fertiliser stocks to meet demand for the upcoming Kharif sowing season and appealed to farmers not to resort to panic buying amid concerns triggered by the Middle East situation, PTI reported.Addressing an inter-ministerial briefing on recent developments in Middle East, Aparna S Sharma, Additional Secretary in the … Read more

Net inflows into equity-oriented mutual fund schemes declined 5 per cent month-on-month to Rs 38,440 crore in April, while contributions through Systematic Investment Plans (SIPs) also moderated, according to data released by industry body AMFI on Monday, PTI reported.Equity mutual funds had attracted net inflows of Rs 40,450 crore in March.Monthly SIP contributions slipped to … Read more