BENGALURU: IT infrastructure services provider Kyndryl said on Thursday it will invest $2.25 billion (around Rs 18,900 crore) in India over the next three years, expanding its operations and building an AI Innovation Lab in Bengaluru.The company said the commitment will support modernisation of technology infrastructure for enterprises, develop future-ready talent and contribute to the…
US stocks slipped again on Thursday, extending a run of modest losses that began after last week’s record high. The S&P 500 eased 0.3%, putting it on track for a fifth straight decline. The Dow Jones Industrial Average shed 236 points, or 0.5%, while the Nasdaq composite was down 0.1% in early New York trading,…
Markets regulator Sebi chief Tuhin Kanta Pandey on Thursday said the watchdog is exploring a regulated platform for pre-IPO (initial public offering) trading, which could eventually replace unregulated grey market deals. The move, if implemented, may allow investors to trade shares in a transparent environment during the three-day gap between allotment and listing.Speaking at the…
PM to launch new metro services in Kolkata NEW DELHI: Prime Minister Narendra Modi will inaugurate multiple metro projects in Kolkata on Friday (August 22).The PM, during his visit to West Bengal, will flag off a newly built 13.61-km metro corridor with services to be launched on these route.His schedule also includes green-lighting a new…
Gold price prediction: MCX Gold has declined by 1.60% this week, indicating a continuation of the ongoing correction phase. (AI image) Gold and silver price prediction today: Gold prices have been dipping and a key support level is seen to be Rs 97,000. MCX Silver is also witnessing selling pressure. Abhilash Koikkara, Head – Forex…
MUMBAI: Indian cricket’s latest blue-eyed boy, Shubman Gill, is the new favourite with brands. His stellar performance in the India-England Test series, both as captain and batsman, had already bolstered his brand value. Now, Gill’s selection for the Asia Cup as vice-captain will only give further impetus to his brand equity. A Gen Z with…
Gold rate today: Gold prices fell Rs 400 to Rs 1,00,020 per 10 grams in the national capital on Wednesday amid sustained selling by stockists, the All India Sarafa Association said. The yellow metal of 99.9 per cent purity had ended at Rs 1,00,420 per 10 grams in the previous session.In line with the weakness,…
The Centre has proposed exempting individual life and health insurance policies from GST, Bihar Deputy Chief Minister and convenor of the Group of Ministers (GoM) on insurance Samrat Choudhary said on Wednesday. At present, insurance premiums attract 18% GST.“The Centre’s proposal is clear that the individual insurance policies should be exempt from GST. This has…
China’s exports of rare earth magnets bounced back strongly in July, climbing to a six-month high and signalling that trade flows of the critical minerals essential for electric vehicles have returned to levels seen before Beijing tightened export controls.Data released by the General Administration of Customs on Wednesday showed that exports from the world’s largest…
India intends to secure approximately 10% share of worldwide green hydrogen demand, projected to surpass 100 million metric tonnes by 2030, according to Shripad Naik, minister of state for power and new and renewable energy, speaking on Tuesday. Under the National Green Hydrogen Mission, Substantial progress has been achieved towards production goals, with 19 companies…
