New Delhi: Barring Vodafone Idea (Vi), no other telecom company is going to get any relief on their adjusted gross revenue (AGR) dues as govt will not step outside the Supreme Court’s mandate, telecom minister Jyotiraditya Scindia said Wednesday. “We are operating under an SC verdict. As far as AGR is concerned, it is based…
US Wall Street’s main indices opened higher on Wednesday, recovering after recent volatility as investors weighed concerns surrounding the AI trade and uncertainty over tariffs ahead of Nvidia’s earnings later in the day (local time).The Dow Jones Industrial Average rose 183.1 points, or 0.37%, to 49,357.63 at the open. The S&P 500 gained 25.1 points,…
More than a year into US President Donald Trump’s second term, his sweeping economic policy changes have produced a mixed outcome, with strong growth and a tech investment boom on one hand, but stalled job gains and persistent inflation concerns on the other.The uncertainty surrounding the US economic outlook has deepened further following last week’s…
Russian and Iranian oil producers are reportedly offering deeper discounts to compete for the same limited pool of Chinese buyers after India pulled back from purchases. Analysts say India’s imports from Russia could fall by 40 per cent from January levels, to around 600,000 barrels a day, according to a scenario from Rystad Energy, as…
In February 2026, the company secured $30 billion in its latest funding round, pushing the valuation of the Claude chatbot developer to $380 billion. (AI image) Anthropic – it’s a name that has taken the technology world by storm globally – and its impact on Indian IT stocks has been significant. Anthropic – now valued…
A 7,400 sq ft apartment at DLF The Camellias in Gurugram has been purchased by Berkshire Hathaway’s Ajit Jain. The vice-chairman overseeing insurance operations at Berkshire Hathaway, Ajit Jain, is regarded as one of Warren Buffett’s most trusted associates. The apartment has been bought for around Rs 85 crore, according to sources quoted in an…
TCS) CEO K Krithivasan (File photo) IT giant TCS encourages the use of artificial intelligence by its employees even if it affects their revenue streams, said its CEO, explaining the advantages of the firm’s approach. He described the adoption of AI as a ‘civilisational shift’.Speaking at the annual NTLF event in Mumbai, Managing Director and…
Benchmark equity indices Sensex and Nifty ended marginally higher on Wednesday after a volatile trading session, as profit-booking wiped out most of the sharp intra-day gains.The 30-share Sensex rose 50.15 points, or 0.06 per cent, to close at 82,276.07. During the day, the index had jumped 731.99 points, or 0.89 per cent, to hit 82,957.91….
Gold futures extended gains on Wednesday, with prices rising by Rs 1,322 to reach Rs 1,61,291 per 10 grams, largely driven by fresh buying interest from speculators and firm demand in the physical market. On the Multi Commodity Exchange, contracts for April delivery moved up 0.83 per cent, or Rs 1,322, to trade at Rs…
Sanjeev Sanyal (File photo) India’s heavy dependence on foreign-flagged vessels, which carry more than 90 per cent of the country’s trade by volume, poses a serious strategic vulnerability risk, according to Sanjeev Sanyal, Member of the Economic Advisory Council to the Prime Minister.Speaking to ANI, Sanyal argued that India’s limited merchant fleet constrains the nation’s…