Business

Nearly 90% of Indian organisations are preparing to hire specialised professionals over the next year to strengthen digital identity management, infrastructure and cyber security frameworks, according to a Rubrik Zero Labs report released on Sunday.The study says the rapid adoption of artificial intelligence is driving a surge in AI agents, leading to a sharp rise…

Indian travellers are powering a sharp rise in tourist numbers across several overseas destinations this year, with Moscow, Vietnam, Japan, South Korea and Georgia reporting strong double-digit growth. The upswing comes even as Azerbaijan and Turkey have fallen out of favour following their support for Pakistan during Operation Sindoor.Moscow has emerged as one of the…

Prime Minister Narendra Modi has asked engineers working on the Mumbai–Ahmedabad bullet train project to systematically document their technical and on-ground experiences, saying such a record would help India replicate high-speed rail projects across the country without “repeated experimentation.”Interacting with engineers and workers of the Mumbai–Ahmedabad High Speed Railway (MAHSR) corridor in Surat on Saturday,…

Gold prices are expected to stay choppy in the coming week as investors brace for a heavy line-up of US economic signals, including the jobs report, Federal Reserve meeting minutes and a speech by Fed Chair Jerome Powell. Analysts said the data flow and commentary from Fed officials will shape expectations around a potential December…

Indian companies are rapidly moving from AI experimentation to real-world deployment, but most remain cautious about writing big cheques for large-scale transformation, a new EY–CII study has found.According to the report, 47% of enterprises now run multiple Generative AI applications in their core workflows, a sharp shift from the pilot-heavy approach seen even a year…

India has shown that rapid economic expansion and social inclusion can progress in tandem, with its development approach now shaping global learning, UNDP’s Acting Administrator Haoliang Xu has said, according to PTI. Calling India’s growth story a mix of technology-driven delivery, participatory governance and resilient climate action, Xu said the country offers “a blueprint for…

Samsung has announced a sweeping $310-billion investment plan over five years, aimed largely at expanding semiconductor and AI-enabling infrastructure as the global artificial intelligence boom drives unprecedented demand. The package, unveiled on Sunday, strengthens South Korea’s position as one of the world’s leading chip and AI hubs and builds on the country’s broader strategy to…

Commerce Secretary Rajesh Agrawal held a series of high-level meetings in Moscow to review progress on the proposed India–Eurasian Economic Union (EAEU) Free Trade Agreement, the commerce ministry said on Sunday.During his visit, Agrawal met Andrey Slepnev, Minister in charge of Trade at the Eurasian Economic Commission, and Russian Deputy Minister of Industry and Trade…

India’s equity markets are expected to take their direction from a mix of domestic macro data, the US Federal Reserve’s latest meeting minutes and updates on the India-US trade deal in the days ahead. Analysts also said that foreign investor activity will continue to play a major role in shaping market sentiment.Vinod Nair, head of…

The Indian rupee may finally have found a floor after months of sustained depreciation, with Jefferies indicating that the currency has likely bottomed out following its sharp underperformance against major emerging market peers, ANI reported.In its latest GREED & fear note, Jefferies said the rupee has been “the worst performer year to date amongst major…

The government’s e-Jagriti digital consumer grievance platform has handled nearly 1.30 lakh cases since its launch in January, with more than 2 lakh users—including non-resident Indians—registering on the unified system. The consumer affairs ministry said in a statement that 1,27,058 cases had been disposed of as of 13 November, highlighting the platform’s efficiency in strengthening…

Chinese-owned automakers are emerging as major players in India’s electric passenger vehicle segment, challenging long-time leaders Tata Motors and Mahindra & Mahindra. In under two years, brands such as BYD, MG Motor and Volvo — all backed by Chinese companies — have overtaken several Korean and German rivals and now account for nearly a third…

Eight of India’s ten most valuable companies together added more than Rs 2.05 lakh crore in market capitalisation last week, with Bharti Airtel and Reliance Industries leading the upswing. The positive movement came alongside a steady recovery in the broader market, where the BSE Sensex rose 1.62 per cent and the NSE Nifty gained 1.64…

Yamaha Motor is aiming for a strong rise in exports from India this year, with the company expecting a 25 per cent jump. The Japanese two-wheeler maker plans to position its Chennai plant as the main export hub for global markets, particularly advanced economies.Yamaha Motor Co Ltd senior executive officer and Yamaha Motor India group…

Food inflation is expected to remain under control in the second half of FY26, supported by better monsoon rains and improved sowing conditions. However, ICICI Bank’s Global Markets sectoral update has warned that an “adverse base” could push food inflation higher in FY27. A base effect means inflation can look unusually high or low depending…

India’s consumption landscape is gearing up for a major shift over the coming decade, with the country’s retail market expected to reach $1 trillion by 2030. A new report by venture capital firm Fireside Ventures says this surge will be fuelled by rising disposable incomes, faster digital adoption and the growth of a large aspirational…

French department store Galeries Lafayette has officially entered India with a large five-floor store opened in Mumbai, hoping to tap into the country’s massive consumer base—but the road ahead is far from simple.Backed locally by the fashion division of the Aditya Birla Group, the retailer’s debut marks another attempt by global luxury brands to establish…

File photo: Ex-Fed governor Adriana Kugler (Picture credit: AP) Former Federal Reserve governor Adriana Kugler, who resigned abruptly in August, repeatedly broke the central bank’s strict trading rules before stepping down, according to new disclosures released by US ethics authorities.A report by the US Office of Government Ethics, reviewed after the Federal Reserve referred the…

The United States has told Serbia it will not lift sanctions on the country’s largest oil company, NIS, unless Belgrade ensures a complete withdrawal of Russian ownership, Serbian Energy Minister Dubravka Djedovic Handanovic said on Saturday, calling the weeks ahead “some of the most difficult decisions in our history”.NIS — the Petroleum Industry of Serbia…

Rajahmundry Railway station (File photo) New Delhi: Passengers may soon find popular food chains such as KFC, McDonald’s, Baskin Robbins, Pizza Hut, Haldiram’s and Bikanerwala at railway stations. The railway board has revised its catering policy to allow premium brand catering outlets to operate at stations across the country.The proposal to issue guidelines for premium…