RAJKOT: Reliance Industries will double its investment in Gujarat to Rs 7 lakh crore, focussing on clean energy, a bold push in artificial intelligence (AI) and digital inclusion, sports infrastructure and social development. RIL CMD Mukesh Ambani announced Sunday that the group will pioneer India’s AI push by setting up the country’s largest AI-ready data…
NEW DELHI: The government is likely to achieve the fiscal deficit target of 4.4 per cent of the GDP in FY26, and it could even better it, a positive signal to global investors about India’s commitment to fiscal management, PwC Partner and Economic Advisory Services leader Ranen Banerjee said.The revision in the nominal GDP growth…
The combined market capitalisation of seven of India’s 10 most valued companies fell by Rs 3,63,412.18 crore last week, with Reliance Industries emerging as the biggest laggard amid a broader sell-off in equities, PTI reported.The benchmark BSE Sensex declined 2,185.77 points, or 2.54 per cent, during the week, reflecting weak investor sentiment.“Indian equity markets ended…
Gold and silver prices are expected to remain firm next week as traders brace for heightened geopolitical risks and uncertainty around the US Supreme Court’s impending verdict on President Donald Trump’s tariff policy, analysts said.Market participants will also track inflation data from major economies including the US, India and Germany, alongside trade and investment numbers…
Indian equity markets are set for an event-heavy week ahead, with investors closely tracking the onset of the December quarter earnings season, key domestic and global inflation data, and developments on the global macro and geopolitical front, analysts said, PTI reported.Quarterly results from several heavyweight companies across information technology, banking, financial services and energy sectors,…
BENGALURU: Background verification firms and corporate forensic teams are flagging cases of location spoofing, particularly among hybrid employees and gig workers. In several instances, employees have been pulled up after allegedly misrepresenting their actual work location, with such discrepancies surfacing during random audits, compliance checks, or client reviews. Investigations found that some used travel routers…
Google has expanded the shopping capabilities of its Gemini AI chatbot by partnering with major retailers including Walmart, Shopify and Wayfair, enabling users to browse and buy products directly within the chatbot, the company said on Sunday, AP reported.The move, announced on the opening day of the National Retail Federation’s annual convention in New York,…
The National Highways Authority of India (NHAI) on Sunday said it has set four Guinness World Records during construction of the Bengaluru–Kadapa–Vijayawada Economic Corridor on NH-544G, marking a major execution milestone on the under-implementation project, according to a statement reported PTI.On January 6, NHAI created two Guinness World Records near Puttaparthi in Andhra Pradesh. The…
PM Modi (Photo credit- PTI) Prime Minister Narendra Modi on Sunday pitched India as a stable and predictable investment destination at a time of global flux, telling investors that the country is witnessing an era of “unprecedented certainty” even as the world faces widespread uncertainty.“Amidst great global uncertainty, we are witnessing an era of unprecedented…
India’s Financial Intelligence Unit (FIU) has rolled out stringent new Anti-Money Laundering (AML) and Know Your Customer (KYC) norms for cryptocurrency exchanges, making live selfie verification and geographical tracking mandatory during user onboarding, according to guidelines issued on January 8, PTI reported. Under the updated framework, crypto exchanges are classified as Virtual Digital Asset (VDA)…
