Business

Amodei to legally challenge Dept of War designation

Amodei stated that his concerns remain on domestic surveillance and fully autonomous weapons', but claimed to have had productive conversations with the Department of War recently.

2026-03-06T03:26:41.807424+00:00 IST

Generative AI cuts coding task time by up to 70%: Report

The adoption of Generative Artificial Intelligence (AI) tools in software development can significantly improve productivity and reduce task completion time, according to a report by Ness, a digital engineering services company, and Zinnov, a global management consulting firm.

2026-03-06T03:02:14.884047+00:00 IST

Japan PM Takaichi holds talks with Palantir’s Peter Thiel

Japanese Prime Minister Sanae Takaichi held discussions with Peter Thiel, Co-Founder and Chairman of Palantir Technologies, at the Prime Minister's Office, focusing on advanced technology developments and cooperation.

2026-03-06T03:00:24.983206+00:00 IST

NHSRCL refutes Congress’ claims of the Mumbai–Ahmedabad Bullet Tr

The National High-Speed Rail Corporation Limited (NHSRCL) has officially rejected claims regarding the financial status of the Mumbai-Ahmedabad Bullet Train project, stating, "The commentary circulating on the Mumbai-Ahmedabad High Speed Rail Project relies largely on conjecture and selective interpretation rather than verified facts. Several of the claims made are factually wrong."

2026-03-05T14:46:25.607602+00:00 IST

Nishant Pitti honored as ‘India’s Most Influential Entrepreneur’

EaseMyTrip on Thursday announced that its leadership has received significant national recognition for contributions to the travel technology sector. The company shared that its Founder, Chairman, and Managing Director, Nishant Pitti, was named "India's Most Influential Entrepreneur" at the National Leadership Summit & Awards 2026.

2026-03-05T14:16:05.781557+00:00 IST

Crude oil price hike can hit India's GDP growth: SMC’s Bharti

Every USD 10 per barrel increase in global crude oil prices could reduce India's GDP growth by about 0.5 per cent and add pressure on economic activity, inflation and currency stability, given the country's heavy reliance on imported crude, Vandana Bharti, Research Head - Commodity, SMC Global Securities, told ANI.

2026-03-05T14:04:41.717650+00:00 IST

India "paving the way" to democratise AI for developing world

IMF Managing Director Kristalina Georgieva stated that India is leading global efforts to make artificial intelligence accessible to developing nations. Speaking at the Asia in 2050 Conference, Georgieva highlighted India's role in the global technology landscape. She noted that the country is not just advancing its own interests but is helping others.

2026-03-05T13:42:12.858262+00:00 IST

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Business

No plans for rationing of petrol and diesel, say Govt sources ami

As per the sources, Gas Authority of India Limited (GAIL) will declare force majeure to ensure gas supply to priority sectors, as India navigates energy challenges stemming from the escalating West Asia conflict.

2026-03-05T12:37:43.434205+00:00 IST

Business

Adani named official partner for UNESCO's World Engineering Day

The Adani Group has been named as an official partner for the World Engineering Day for Sustainable Development (WED) 2026, an international day recognised by UNESCO and delivered by the World Federation of Engineering Organizations (WFEO). This marks the first time an Indian organisation has been selected by the WFEO to recognise the contributions of engineers on this global platform.

2026-03-05T12:29:49.810522+00:00 IST

Business

India poised to unlock ₹40 lakh crore in GDP: Lxme-EY Report

The Lxme - EY report estimates that enabling women's participation in long-term financial investments could unlock a cumulative Rs 40 lakh crore GDP-equivalent opportunity. This represents incremental national growth driven by deeper capital market participation, stronger domestic savings, and sustained long-term investment.

2026-03-05T11:50:01.543537+00:00 IST

Business

India looks at alternative markets; Oz, Canada offered to sell

Australia and Canada offered to sell gas to India as the country looks for other alternative sources amid the West Asia conflict, government sources said on Thursday. The government is scouting for alternative markets to buy gas, as India currently imports 195 MMSCMD of gas, of which Qatar supplies 60 MMSCMD.

2026-03-05T11:13:14.046266+00:00 IST

Business

IT, oil show caution amid AI disruptions, West Asia conflict

The IT services sector is facing challenges due to Artificial Intelligence (AI), with investors expressing concerns about job losses and the transition period. However, other sectors like real estate, autos, and domestic pharma companies showed more positive outlooks, with some showing steady growth, according to Pratik Gupta, CEO and Co- Head of Kotak Institutional Equities. Gupta expressed his views on the Indian economy and market outlook at a press conference on Kotak Securities Outlook held today in Mumbai.

2026-03-05T11:10:25.088833+00:00 IST

Business

India, Finland discuss expanding cooperation in skill development

"Both ministers discussed opportunities to deepen collaboration between institutions, industry and training systems to enhance vocational education and create pathways for skilled workforce mobility," the statement added.

2026-03-05T10:59:09.587242+00:00 IST

Business

Sensex, Nifty rebound over 1% after three-day decline amid coolin

Indian equity benchmarks ended a three-day losing streak on Thursday as the BSE Sensex and Nifty 50 recovered amid cooling volatility and technical relief. The BSE Sensex climbed 899.71 points, or 1.14 per cent, to close at 80,015.90, while the Nifty 50 rose by 285.40 points, or 1.17 per cent, to finish at 24,765.90.

2026-03-05T10:46:24.692700+00:00 IST

Business

India’s BoP outlook faces risks from West Asia crisis

India's external sector outlook remains broadly manageable but faces rising risks from geopolitical developments in West Asia that could push up crude oil prices and widen the current account deficit (CAD), according to a recent research note by Yes Bank. The report noted that India recorded a Balance of Payments (BoP) deficit of USD 24.4 billion in Q3 FY26, wider than the USD 10.9 billion deficit in the previous quarter, largely due to capital account outflows.

2026-03-05T10:30:47.804719+00:00 IST

Business

Maharashtra to grow at 7.9% in FY26, driven by services and indus

Maharashtra's economy is expected to grow at 7.9 per cent in 2025-26, up from 7.3 per cent in 2024-25, according to the Economic Survey of Maharashtra 2025-26 tabled in the State Assembly on Thursday. The survey projects steady expansion driven mainly by the services and industrial sectors, while the state continues to maintain its position as one of the country's largest economic contributors.

2026-03-05T10:23:47.690979+00:00 IST

Business

Crude linked sectors, basmati rice will be impacted: Crisil

Crude-linked sectors such as downstream oil refiners, tyres, paints, speciality chemicals, flexible packaging and synthetic textiles may also be affected if energy prices remain elevated. India imports around 85 per cent of its crude oil and half of its LNG requirement, with about 40-50 per cent of crude oil and 50-60 per cent of LNG shipments passing through the Strait of Hormuz.

2026-03-05T09:19:45.473552+00:00 IST

Business

Rupee recovers to 91.58/USD from all-time low

The Indian rupee recovered on Thursday after hitting an all-time low of 92.31 against USD, though currency experts believe the domestic currency is likely to remain under pressure due to ongoing geopolitical tensions and elevated crude oil prices.

2026-03-05T08:47:31.771439+00:00 IST

Business

TSMC targets 2028 completion for new Tainan fab amid AI-driven ex

Taiwan Semiconductor Manufacturing Co. (TSMC) aims to complete a new fabrication plant in Tainan by 2028 as part of an aggressive capacity expansion driven by global demand for artificial intelligence chips. According to a report by Focus Taiwan, the world's largest contract chipmaker submitted development proposals for public review on February 12 as part of the mandatory environmental impact assessment process.

2026-03-05T08:37:05.937767+00:00 IST

Business

IBM launches its first infrastructure innovation centre in India

IBM today announced the launch of its first Infrastructure Innovation Center, the Sangam Infrastructure Innovation Center, housed within its new India Systems Development Lab (ISDL) campus. This new center will drive co-creation and innovation for India and for the world. The center underscores IBM's continued investment in India as a strategic hub for advanced infrastructure engineering and AI innovation serving both domestic and global markets, according to the press release by IBM.

2026-03-05T08:04:25.095360+00:00 IST

Business

Paytm’s ESOP spends relatively low compared to other new-age tech

Noida-based payments major Paytm has one of the lowest employee stock ownership plan (or ESOP) costs in the industry and spends low proportion of its revenue on stock compensation among listed new-age technology companies, according to a report by BofA Global Research.

2026-03-05T07:56:09.651400+00:00 IST