Business

Jefferies in its latest report has revised downward its earnings estimates for the IT sector, citing structural changes driven by artificial intelligence (AI), which may significantly alter the traditional business mix of IT companies.

Speaking to ANI in Singapore, Nanda emphasised that Singapore remains the primary gateway for foreign capital into India. "If you look at the data from the last 10 years, Singapore is the largest investor in India, and all foreign investment comes through Singapore. Singapore has been the number one investor," Nanda stated.

While addressing the media, after the customary post-Budget meeting with finance minister, RBI governor on the issue said, "As a policy, we do not comment on any individual bank or regulated entity. We are watching the development. There is no systemic kind of issue." IDFC FIRST Bank has suspended four employees after it discovered fraudulent activity involving approximately Rs 590 crore in certain Haryana government accounts at its Chandigarh branch, the bank said in its official stock exchange filing.

India's corporate landscape is reported to moderate with overall salary increments projected at 9.1 per cent in 2026. This follows a marginal softening from the 9.3 per cent recorded in 2025, according to the EY Future of Pay report.

Diamond Dreams Academy (DDA) and TIDA Sports, are proud to announce the formalisation of a high-performance corridor designed to place India's most gifted athletes into the elite tier of American collegiate and professional sports.

During a press conference after the customary post-Budget meeting with finance minister, RBI governor responded to a query on whether the inflation targeting range would be revised following the CPI base year update, he said the matter is under examination. "The RBI had earlier published a discussion paper and submitted its recommendations to the government. The decision on the target would be announced by the authorities," he said.