The revenue of India's data centre operators is likely to reach nearly Rs 20,000 crore annually by fiscal 2028, said a report by Crisil Ratings on Tuesday.
Generative Artificial Intelligence (Gen AI) can significantly transform the auto finance and leasing industry by cutting operating costs and improving efficiency, highlighted a report by McKinsey & Company.
"A low-pressure area over the Strait of Malacca and the adjoining Andaman region is expected to move west to northwest, with the possibility of depression formation over the South Andaman Sea on November 24. The (low-pressure) system will continue to move west-northwest. It is likely to i
According to the Chennai Regional Meteorological Department (RMC), isolated places over Kanyakumari, Tenkasi, Thoothukkudi, and Tirunelveli are likely to experience "moderate rain with thunderstorm and lightning likely," with chances of water logging, and slippery roads also affect traffi
The Indian Rupee may continue to weaken gradually and inch towards the psychological level of 90 per US dollar by March 2026, highlighted a report by Union Bank of India.
The Reserve Bank of India (RBI) should move away from its recent neutral policy stance and deliver an additional 50 basis points of rate cuts over the next 12 months, according to a report by Amundi, a French asset management company.
The report highlighted that its expectation is driven mainly by continued downside surprises in headline Consumer Price Index (CPI) inflation. "On monetary policy, we expect the RBI to ease rates 25bp in the Dec-25 policy meeting, with a terminal policy rate of 5.25 per cent".
The report forecasts real GDP growth of 6.8 per cent in FY26 and 6.5 per cent in FY27-28, driven primarily by an uptrend in household consumption, improving urban sentiment, and a broadening investment cycle.
Puducherry Education Minister A. Namachivayam on Tuesday announced the closure of all private and government schools and colleges in Puducherry and Karaikal due to the heavy rainfall warning.
Global equities are set to generate "solid long-term returns despite elevated valuations," Goldman Sachs has said in its latest Global Strategy Paper, forecasting a 10-year annualised return of 7.7 per cent in USD terms for global stock markets.
The eruption continued after the initial event, prompting the agency to issue an ashfall forecast for parts of Kagoshima, Kumamoto and Miyazaki prefectures. No injuries or damage to buildings have been reported.