Brokerage Bernstein has warned Prime Minister Narendra Modi that India risks squandering recent economic gains unless it accelerates structural reforms, particularly in jobs, manufacturing and innovation.
Billionaire Mukesh Ambani's Reliance Industries Ltd may spend about $12-15 billion over the next few years on AI infrastructure that could include a giant 1GW data centre, Morgan Stanley said in a report. Ambani had at the company's annual shareholder meeting in August announced a major push into AI through a new subsidiary and strategic partnerships.
The rating agency has affirmed the company's National Long Term Rating at 'AAA' with a stable outlook.
Researchers at the University of Sheffield have developed a novel method for producing sustainable aviation fuel (SAF) using concentrated solar energy and captured CO2, potentially reducing reliance on used cooking oil.
Fall in oil and gas output has pulled down the overall profitability.
Analysts are increasingly optimistic about India's capital markets, with HDFC AMC, CAMS, and KFin Technologies identified as top investment picks. This optimism stems from a structural shift in household savings towards financial instruments and an expected multi-year earnings expansion for market infrastructure providers and asset management companies.
From the 30-Sensex firms, HDFC Bank, Infosys, HCL Tech, Bajaj Finance, Tata Consultancy Services and Reliance Industries were among the biggest laggards. In contrast, Bharat Electronics, Hindustan Unilever, Tata Steel and UltraTech Cement were among the gainers.
Experts at a discussion in Delhi emphasised the importance of ethical governance and indigenous capability in India's pursuit of becoming a global artificial intelligence power, ensuring technology serves the public good and maintains strategic autonomy.
Rising living expenses, fear of contract hiring cast shadow on real gains.
Indian stock market benchmarks Sensex and Nifty rebounded strongly after a two-day decline, driven by falling crude oil prices and positive global cues amid hopes of de-escalation in the Middle East.
Indian stock market benchmark indices Sensex and Nifty experienced a significant decline, driven by escalating tensions in the Middle East and rising crude oil prices.
The Iran conflict led to a sharp correction in Reliance Industries Ltd's (RIL's) share price, which has been partially reversed by a rebound.
Industry experts and the India Energy Storage Alliance (IESA) advocate for a unified framework to address the significant supply gap in domestic cell manufacturing, crucial for enhancing India's energy storage capabilities and reducing reliance on imports.
The Indian defence ministry has initiated a project to indigenously design and develop a 1000-kg aerial bomb for the Indian Air Force (IAF), aiming to enhance self-reliance in the defence sector.
Akshay Kumar sustained an injury while performing a stunt on the set of Bhooth Bangla, raising concerns about on-set safety and the actor's commitment to real action over VFX.
Investment Advisor, PN Vijay believes that is enjoying the high margins, which refining industries are getting all over the world but going forward, investors will be looking at Reliance's retail foray.
Indian realty developers are contemplating price increases for ongoing and upcoming projects to offset margin pressures caused by rising input costs and supply chain disruptions, exacerbated by the West Asia conflict. Input and labour costs have surged by 5-12%, directly impacting developer margins, especially for under-construction projects.
The 515 Army Base Workshop in Bengaluru has signed multiple strategic MoUs to bolster indigenous drone manufacturing and ecosystem resilience, marking a significant step towards modernisation and self-reliance in unmanned systems.
Indian equity markets experienced a significant downturn, with the Sensex and Nifty plummeting due to rising crude oil prices, geopolitical tensions in West Asia, and continuous foreign fund outflows.
Equity benchmark indices Sensex and Nifty rebounded sharply by nearly 1 per cent on Monday, driven by strong buying in power, banking, and financial stocks.
Benchmark Sensex tumbled 1,236 points or 1.5 per cent while Nifty closed near 25,450 on Thursday following an across-the-board sell-off amid escalating geopolitical tensions between the US and Iran.
Trading pattern in the stock market this week will largely depend on the ongoing Q3 earnings announcement from corporates, global trends, and foreign fund movement, analysts said. Moreover, geopolitical developments and any update on trade negotiations would also be keenly tracked by investors, experts noted.
Flight bookings for Halwara airport in Punjab are scheduled to begin in April, with the first commercial flight expected between May 10 and 15. The airport's opening is anticipated to significantly enhance air connectivity and boost economic growth in the region.
Among Sensex firms, Bajaj Finserv, ICICI Bank, Reliance Industries, Bajaj Finance, Larsen & Toubro and Bharat Electronics were the major gainers. However, Power Grid, Eternal, Hindustan Unilever and Adani Ports were among the laggards.
Market sentiment is likely to remain cautious as investors position themselves for the upcoming Union Budget and the US Fed's interest rate decision, where expectations are muted.
The Indian Air Force is set to procure a compact, indigenous unmanned aerial vehicle (UAV) system for its elite Special Forces unit, designed to operate in extreme conditions and high altitudes.
Benchmark equity indices Sensex and Nifty extended their gains for the third straight session on Wednesday, driven by last-hour buying in bank, metal, and FMCG shares.
Reliance Industries cracked 4.42 per cent, while ITC, Kotak Mahindra Bank, InterGlobe Aviation, and HDFC Bank were also among the laggards. However, ICICI Bank, Sun Pharma, Hindustan Unilever, and State Bank of India were among the gainers.
The 515 Army Base Workshop (ABW) in Bengaluru has signed multiple MoUs to strengthen indigenous drone manufacturing and ecosystem resilience, marking a significant step towards modernisation and self-reliance in unmanned systems.
Two more Indian-flagged LPG tankers have begun their journey from the Persian Gulf, navigating the Strait of Hormuz amidst regional conflict, following disruptions caused by recent tensions in the Middle East.
Among Sensex firms, Axis Bank, HDFC Bank, Reliance Industries, ICICI Bank, Bharat Electronics and Larsen & Toubro were the biggest laggards. However, Asian Paints, Maruti, Bharti Airtel and Bajaj Finance were among the gainers.
Whether it's made-to-order fashion, reduced waste or tech-driven showcases, designers are being forced to slow down and think smarter.
Benchmark stock indices Sensex and Nifty closed higher in a range-bound trade on Tuesday following gains in Reliance Industries and HDFC Bank. The 30-share BSE Sensex rose by 90.83 points or 0.11 per cent to settle at 83,697.29 with 13 of its constituents closing higher and 17 in the red.
A senior government official confirms that Indian vessels do not require permission to navigate the Strait of Hormuz, despite regional tensions. Several Indian ships, including LPG tankers, have safely crossed the strait, ensuring continued supply of essential commodities to India.
Defence Minister Rajnath Singh has emphasised the need for India to develop a robust drone manufacturing ecosystem to enhance its defence capabilities, drawing lessons from recent global conflicts.
Ending months of speculation, Reliance Industries today said it is considering merging group firm Indian Petrochemicals Corporation Ltd with itself.
RIL holds 45.43 per cent stake in RIIL as its promoter.
Reliance Industries Ltd has withdrawn its trademark application for the term 'Operation Sindoor' -- the codename for India's military strikes in Pakistan -- stating that it was inadvertently filed by a junior employee without authorisation.
Prime Minister Narendra Modi is set to inaugurate a semiconductor plant in Sanand, Gujarat, and launch multiple development projects worth over Rs 20,000 crore, marking a significant boost to India's semiconductor industry and infrastructure.
Benchmark stock indices Sensex and Nifty dived sharply by nearly 2 per cent on Sunday after Finance Minister Nirmala Sitharaman proposed a hike in the Securities Transaction Tax (STT) on derivatives. Reversing the early gains, the 30-share BSE Sensex plunged sharply by 2,370.36 points or 2.88 per cent to slide below the 80,000-mark at 79,899.42 in afternoon trade as the finance minister announced a hike in STT on futures contracts to 0.05 per cent from the current 0.02 per cent.