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…
(AP) President Donald Trump on Tuesday claimed that most of the US’ trading partners want to continue trade arrangements negotiated under his tariffs despite the recent ruling by the Supreme Court striking down many of them.Speaking at the joint session of Congress during his 2026 State of the Union address, Trump also reiterated that tariff…
Asian stocks traded in green on Wednesday, mirroring Wall Street’s gains and sustained enthusiasm around the artificial intelligence boom. Investors also kept close eye on US President Donald Trump’s State of the Union address, delivered during Asian trading hours. In Japan, Nikkei benchmark index touched a fresh record, leading the positive mood across the region.Nikkei…
MUMBAI: Navigating twin disruptions – intensifying geopolitical uncertainty and the rapid rise of AI-native competitors – India’s technology industry is leaning on its strengths of scale, engineering depth and delivery resilience. Despite AI-led disruption that rattled stock prices, India’s tech sector is on track to grow 6.1% to $315 billion in FY26, according to Nasscom.The…
MUMBAI: Growth has accelerated in recent years and the Indian economy is assured of a continuously improving economic trajectory, deputy governor Poonam Gupta said.Delivering the 14th Foundation Day Lecture at the Centre for Development Studies, Gupta said India’s expansion has become more durable and predictable. “High, stable and accelerating growth, and more predictable economic outcomes…
NEW DELHI: The Centre aims to raise nearly Rs 1.8 lakh crore through equity divestment in state run firms led by initial public offers (IPOs) over the next four years as part of the second phase of the national monetisation plan, data released by govt’s policy think tank Niti Aayog showed.The National Monetisation Pipeline (NMP)…
