Union cabinet has approved the development of a new civil enclave at Srinagar International Airport at an estimated cost of Rs 1,677 crore, a move aimed at strengthening aviation infrastructure and connectivity in Jammu & Kashmir, according to an official statement.The project, cleared by the CCEA chaired by Prime Minister Narendra Modi, will involve construction…
Equity benchmark indices Sensex and Nifty ended sharply lower, falling more than 1 per cent, as heavy selling in information technology stocks combined with global trade uncertainties and rising geopolitical tensions to weigh on investor sentiment.The NSE Nifty declined 288.35 points, or 1.12 per cent, to close at 25,424.65 after touching an intraday low of…
The Union cabinet has approved three railway multitracking projects worth Rs 9,072 crore aimed at expanding network capacity and easing congestion across Maharashtra, Madhya Pradesh, Bihar and Jharkhand, according to an official statement.The projects includes, Gondia–Jabalpur doubling, Punarakh–Kiul third and fourth line, and Gamharia–Chandil third and fourth line, will together add about 307 km to…
A sharp selloff in technology stocks has pushed the Nifty IT index into its steepest monthly decline since the 2008 global financial crisis, as fears around artificial intelligence disruption rattled investor confidence.With Tuesday’s 6% decline, the Nifty IT index has plunged over 21% in February alone, marking its worst monthly fall since the 2008 global…
Gold edged eased on Tuesday, with April futures slipping 0.31% to Rs 1,61,102 per 10 grams amid ongoing global uncertainty over US tariffs. On the Multi Commodity Exchange, the yellow metal fell by Rs 496 in a turnover of 7,587 lots. In the international market, Comex gold futures for April fell $28.16, or 0.54%, to…
FedEx has approached the US Court of International Trade seeking a refund of tariffs imposed under President Donald Trump’s emergency measures. This follows last week’s 6-3 Supreme Court verdict which ruled that Trump overstepped his authority by using the International Emergency Economic Powers Act (IEEPA), a sanctions law, to impose tariffs on imported goods. In…
The story of AI in business is not one of universal acceleration. (AI image) Two stories from the past few weeks capture something essential about where we are with AI.The first concerns Salesforce, the enterprise software giant that aggressively embraced AI for customer service. CEO Marc Benioff proudly announced that AI deployment had allowed the…
The petitioner approached the High Court seeking quashing of the appointment order and her own appointment based on merit. (AI image) In a strongly worded decision that upheld the constitutional right to equality in the public employment, the Gujarat High Court ruled that refusal to employ an unmarried woman on the assumption that she might…
IT stocks are once again in focus, but for all the red reasons. The sector is once again suffering sharp losses after Anthropic highlighted the potential of its Claude Code tool to modernise legacy systems built on COBOL, triggering fresh concerns across the sector. Infosys slipped over 3% while shares of HCL Technologies, Mphasis and…
IDFC First Bank share price today (AI image) IDFC First Bank share price today: IDFC First Bank stock opened in green on Tuesday a day after its shares recorded the worst crash since March 2020. At 9:18 AM, IDFC First Bank shares were trading at Rs 70.37, up 0.47%. The steep fall came on IDFC…
