Business

The push to transform India into a major global manufacturing hub faces a challenge from the US and China. (AI image) Modi government’s push for ‘Make in India’ is facing resistance and criticism from US and China – the two largest world economies. India is currently the world’s fifth largest economy as per IMF’s World…

US stocks drifted lower on Thursday as a selloff in Nvidia weighed on the broader market, even as most shares posted gains.The S&P 500 fell 0.6 per cent, extending the week’s volatility driven by optimism and unease surrounding the artificial intelligence boom. The Dow Jones Industrial Average rose 77 points, or 0.2 per cent, while…

Prime Minister Narendra Modi will inaugurate US-based chipmaker Micron Technology’s semiconductor assembly and testing plant at Sanand in Gujarat on Saturday(February 28).The state-of-the-art ATMP (Assembly, Testing, Marking and Packaging) facility has been set up with an investment of Rs 22,516 crore. Located near Ahmedabad, the Sanand plant marks a major step in India’s semiconductor journey…

Gold’s long-term outlook remains bullish as global de-dollarisation, rising fiscal stress and escalating geopolitical tensions reshape the global financial order, according to a report by Motilal Oswal Financial Services Ltd (MOFSL).In its latest Precious Metals Quarterly Report, the brokerage said gold prices crossed the $5,000 per ounce mark in early 2026, marking one of the…

Commerce and Industry Minister Piyush Goyal on Thursday met with US Commerce Secretary Howard Lutnick and Ambassador Sergio Gor to discuss ways to expand the trade relationship between India and the United States.Goyal confirmed the talks in a statement on X, confirming discussions on trade expansion. “Hosted US Secretary of Commerce Howard Lutnick & US…

2 March Uttar Pradesh Holika Dahan 3 March Maharashtra, Madhya Pradesh, Uttarakhand, Assam, Telangana, Rajasthan, West Bengal, Goa, Bihar, Jharkhand, Kerala, Andhra Pradesh Holi (Second Day) / Dol Jatra / Dhulandi / Holika Dahan / Attukal Pongala 4 March Tripura, Gujarat, Mizoram, Odisha, Chandigarh, Uttarakhand, Manipur, Arunachal Pradesh, Jammu & Kashmir, Uttar Pradesh, Delhi, Bihar,…

Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex rose in opening trade on Thursday on the back of positive global cues. While Nifty50 was above 25,500, BSE Sensex rose around 200 points. At 9:18 AM, Nifty50 was trading at 25,547.25, up 65 points or 0.25%. BSE Sensex was at 82,467.65, up…

Mumbai: Calling GenAI a civilisational shift, TCS CEO K Krithivasan said the company is not afraid of the technology disrupting livelihoods and is prepared to cannibalise its own revenues if needed, leveraging AI to deliver client outcomes more effectively. “We are telling associates that if you find you can do something faster, better and cheaper…

MUMBAI: Indian startups have laid off more than 4,500 employees since July last year, data sourced from executive search firm Longhouse Consulting showed. The sudden ban on online real-money gaming which nudged many startups to shut overnight has pushed the numbers up but much of it also has to do with the selective flow of…

MUMBAI: Scheduled commercial banks have regained market share in financing the commercial sector in FY26 up to Jan 31 by expanding non-food credit faster than the overall resource pool, reversing a contraction seen in FY25 amid a surge in equity issuances and non-bank funding.Data for FY26 up to Jan 31, 2026 released in RBI’s bulletin…