BENGALURU/NEW DELHI: HCLTech’s results presented a mixed picture, weighed down by client-specific headwinds, delayed procurement decisions and persistent market volatility, even as the company continued to lean into artificial intelligence as a long-term growth driver.Revenue for the March quarter declined 3.3% sequentially in constant currency (which excludes currency impact) and grew 2.4% year-on-year. In dollar…
MUMBAI: With Brent crude sliding below the $90/barrel mark and WTI close to $85 on the back of the likely second round of peace talks between US and Iran, sensex rallied 753 points (1%) on Tuesday to close over the 79K mark, a level not seen for over six weeks. Market players, however, are cautious…
Gold and silver prices began Wednesday’s session on a firmer note on the Multi Commodity Exchange of India, following the United States’ decision to prolong its ceasefire with Iran. The move helped calm fears of a sharp rise in inflation and reduced expectations that interest rates would remain elevated for an extended period. On Tuesday,…
MUMBAI: RBI has come out with a Digital Payments – Emandate Framework, 2026 which seeks to make recurring digital payments simpler, safer and more user-centric by reducing friction while retaining safeguards, marking a shift towards a consent-driven autopay ecosystem.The guidelines mandate a 24-hour pre-debit notification, requiring issuers to inform users in advance about the merchant…
NEW DELHI: With the US opening a refund window, exporters are hoping to recover some of the discounts they had offered during the period, when the Trump administration levied a hefty 50% tariff on Indian goods.In a large number of cases the discount was to the tune of 15-18% to compensate for the 30% gap…
“Indian equity markets are expected to open on a cautious to mildly negative note on Wednesday (22nd April 2026), tracking weak early signals from GIFT Nifty amid broadly stable yet cautious global cues, as investors await further clarity on geopolitical developments—particularly the ongoing US–Iran talks. GIFT Nifty is currently trading around 24,455, down by 120…
MUMBAI: The life insurance industry recorded a 15.7% expansion in new business premiums during FY26, as the sector navigated a landscape defined by diverging growth strategies across individual and group segments. Total premiums across the industry climbed to Rs 4.6 lakh crore from close to Rs 4 lakh crore in FY25. This momentum highlights a…
Donald Trump, left, and Kevin Warsh US President Donald Trump on Tuesday said he would be disappointed if his nominee for Federal Reserve chair, Kevin Warsh, does not cut interest rates right away after taking office if confirmed by the Senate. Trump, during an interview with CNBC’s “Squawk Box,” also said “we have to find…
NEW DELHI: Nestle India reported a 26% increase in net profit to Rs 1114 crore on its highest ever domestic sales of Rs 6,445 crore for the fourth quarter ended March 31, 2026, led by premiumisation, penetration and higher ad spends.“This performance was powered by double-digit volume growth, driven by over 50% increase in advertising…
Fresh negotiations between India and the United States are underway in Washington, DC this week, with officials indicating that a long-running effort to seal a bilateral trade agreement is nearing completion.A senior US official, responding to queries on the progress of the talks, said, “The Trump administration and India continue to have positive and productive…
Apple shares edged lower on Tuesday, slipping 1%, as the company confirmed a leadership transition that will see Tim Cook step down as chief executive on September 1. After stepping down as the CEO, Cook is set to move into the role of executive chairman, handing over the reins to John Ternus, a long-time company…
US stocks moved higher on Tuesday, as investors remained optimistic over a possible extension of the US-Iran ceasefire. Markets showed early strength, with the Dow Jones Industrial Average rising 0.56% or 279 points to 49,721.56 around 8 pm IST. The S&P 500 inched up 0.2% to 7,129, while the Nasdaq Composite gained 96 points or…
