The Hindu - Business (2 hours ago)
Accenture recently narrowed its full-year 2026 revenue growth guidance to 3-4%, down from 3-5% earlier, triggering an immediate plunge in its own stock prices and throwing the rest of the global tech services industry, which is already hit by global uncertainties, into a new tizzy.
ReadThe Hindu - Business (2 hours ago)
Anand Deshpande, Founder, Chairman and Managing Director, Persistent Systems said, "AI is reshaping our industry at an unprecedented pace. Success will belong to companies that combine deep technical capability with global reach, while continuing to attract, develop and inspire exceptional people.”
ReadThe Times of India - Business (3 hours ago)
Jewar is set to become a major electronics manufacturing hub with two new projects worth Rs 6,750 crore, expected to create 3,000 jobs. Union Minister Ashwini Vaishnaw announced the foundation stones were laid for facilities producing advanced printed circuit boards and HVAC components. This move signifies India's shift from assembly to deep...
ReadThe Hindu - Business (3 hours ago)
Meta has made a major leadership move that could redefine the future of WhatsApp. The company appointed CRED founder Kunal Shah as WhatsApp's new global head, alongside a $900 million investment in CRED. But why is this appointment so significant? We look back at the history of Whatsapp's acquisition by Meta, what worked, what didn't, Meta's...
ReadThe Times of India - Business (4 hours ago)
Iran's inflation has skyrocketed to 88.6%, its highest in months, as the Middle East conflict intensifies economic woes. Food prices have more than doubled, with bread, grains, and meat seeing staggering year-on-year increases. This surge compounds existing challenges of sanctions and hyperinflation, severely impacting household purchasing power...
ReadThe Times of India - Business (6 hours ago)
Businesses relocating their primary operations to a new GST jurisdiction will now find that ongoing tax proceedings will seamlessly transfer. The Central Board of Indirect Taxes and Customs (CBIC) has clarified that the new tax authority will pick up cases from where they were left off, ensuring continuity. This move aims to prevent procedural...
ReadThe Times of India - Business (7 hours ago)
China's industrial profit growth saw a dip in May, despite robust exports and rising factory prices. This slowdown, the first in six months, highlights persistent weak domestic demand and sluggish investment. While global AI trends and energy market disruptions offered some support, they weren't enough to overcome internal economic pressures....
ReadThe Times of India - Business (7 hours ago)
Kotak Mahindra Bank's CEO, Ashok Vaswani, will not seek reappointment after his term ends December 31, 2026, citing personal reasons. The bank has initiated the process to find a successor. Vaswani, who took charge in January 2024, aims to elevate the bank's standing amidst a period of regulatory review and growth acceleration. The bank recently...
ReadThe Times of India - Business (8 hours ago)
Artificial intelligence is now a new driver of inflation, according to IMF Chief Economist Pierre-Olivier Gourinchas. He explains that AI is increasing costs for technology hardware and simultaneously making consumers wealthier through booming stock markets, leading to higher spending. This dual impact on both supply and demand channels is creating...
ReadThe Times of India - Business (9 hours ago)
India has joined 34 nations in a US-led effort to foster robust AI supply chains, signing the Joint Statement on AI Opportunity. This move champions a pro-growth, pro-innovation regulatory path for artificial intelligence. The initiative emphasizes trusted supply chains, private sector involvement, and critical infrastructure development for the...
ReadNDTV - Business (9 hours ago)
The brokerage noted that AI servers use multiple times more DRAM than conventional servers, with high-bandwidth memory emerging as a critical component for advanced graphics processing units (GPUs) powering large language models. As AI adoption accelerates globally, demand for premium memory products is expected to remain strong.
ReadThe Times of India - Business (10 hours ago)
Despite India's advanced digital payments, millions of small businesses struggle for formal finance, with only 14% accessing institutional credit. A significant credit gap, potentially exceeding Rs 50 lakh crore, hinders economic growth. While financial account ownership is high, formal credit access and insurance penetration lag global averages,...
ReadNDTV - Business (10 hours ago)
Speaking at the inaugural Adani Green Energy Dialogue at London's Science Museum during London Climate Action Week, Adani said countries could no longer view electrification as optional if they wanted resilient economic growth and greater energy independence.
ReadThe Times of India - Business (11 hours ago)
New Zealand's Foreign Minister Winston Peters has accused the government of covertly introducing discriminatory immigration rules targeting Indian citizens under the new Free Trade Agreement. He claims these changes, including stricter visa tests and residency requirements, were deliberately kept from public view to avoid Indian backlash. The...
ReadCBC - Business (11 hours ago)
A facility near Cobalt, Ont., has been tapped to be the home of North America's first battery-grade cobalt refinery. Projected to be fully operational by late 2027, the plant will import and process mined cobalt — experts say it could bring Canada into an industry dominated by China.
ReadNDTV - Business (13 hours ago)
Beyond geopolitics, he believes artificial intelligence remains another major theme shaping global capital flows. Massive investments are currently being made in AI infrastructure, data centres and semiconductor manufacturing, but Freeman cautioned that returns on those investments could take several years to materialise.
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