Business

Shares of Infosys surged as much as 5 per cent to Rs 1,430.95 on the BSE on Tuesday after the IT major announced a strategic collaboration with Anthropic, offering relief to investors worried about the disruptive impact of artificial intelligence on traditional software services.The stock rally marks a sharp reversal for Infosys, which had been…

Precious metal prices declined up to 2 per cent in the national capital on Tuesday, with silver slipping to Rs 2.45 lakh per kilogram and gold dropping to Rs 1.57 lakh per 10 grams amid subdued demand and weak global cues.According to the All India Sarafa Association, silver prices fell Rs 5,000, or 2 per…

The hiring push comes amid a surge in investments by global companies looking to strengthen their AI presence in the country. (AI image) India’s first AI Summit is turning into a talent scouting ground for Mukesh Ambani-led Reliance Group and Gautam Adani-led Adani Group. The country’s two biggest business houses are actively looking for young…

NEW DELHI: India’s power sector tendering pipeline is now shifting towards hybrid and storage-based projects, reflecting a growing focus on improving energy reliability and supporting renewable energy integration, according to a report by Nuvama Research.The report also noted that the country currently has an adequate solar power supply, with solar-hour electricity prices remaining low at…

Equity benchmark indices ended higher for the second consecutive session on Tuesday, supported by gains in banking, IT and capital goods stocks.The 30-share BSE Sensex climbed 173.81 points, or 0.21 per cent, to close at 83,450.96. During the session, it touched a high of 83,598 and a low of 82,987.43.The 50-share NSE Nifty advanced 42.65…

Draft Income Tax Rules 2026: Redesigned income tax return (ITR) forms, broader criterion for applicability of ITR forms, and more pre-filled details are some of the changes that income taxpayers can look forward to for the upcoming tax year 2026-2027 for which returns will be filed in 2027-28.The Income Tax Department has released the Draft…

The National Green Tribunal gave a green light to Centre’s Rs 90,000-crore-plus Great Nicobar infrastructure project on Monday, concluding that the environmental clearance granted in 2022 was backed by sufficient safeguards and there was no “good ground to interfere.“ A bench of the tribunal dismissed a series of petitions that had questioned the validity of…

India’s mutual fund industry began 2026 on an optimistic note, with total assets under management (AUM) rising to Rs 81.01 lakh crore in January, up 20.5% from Rs 67.25 lakh crore a year earlier. Over the past 12 months alone, the industry has added more than Rs 13.8 lakh crore to its asset base.The long-term…

Infosys shares inched higher on Tuesday after the IT giant announced collaborating with Anthropic to develop enterprise-focused artificial intelligence solutions. The stock gained more than 4% during the session, touching a day’s high of Rs 1,430 on the BSE. At 1:24 pm, Infosys was trading at 1,417 on the NSE, up 51 points or 3.77%….

Representative image (AI) Financial experts are urging investors to cash out their profits from gold and silver investments following unprecedented gains over the past 18 months. Both precious metals have more than doubled in value, with gold rising over 100 per cent and silver surging nearly 200 per cent in rupee terms. However, wealth managers…