Business

IT stocks have taken a massive hit, losing over Rs 6 lakh crore in market value across eight sessions, with the Nifty IT index dropping more than 8 per cent. The sell-off stems from fears that AI could automate core IT services like application development, maintenance, and testing – the backbone of Indian IT companies’…

The Court emphasized that Section 7 does not prescribe a uniform ritual requirement but recognizes diversity of customary practices. (AI image) Restating the legal presumption in favor of the validity of marriage, the Delhi High Court has held that, in the absence of direct evidence showing performance of Saptapadi, the traditional taking of seven steps…

Rajesh Nambiar Nasscom president Nasscom President Rajesh Nambiar has strongly dismissed fears that AI tools will eliminate technology services jobs, despite market concerns wiping out $50 billion from Indian IT companies’ market value since 2025. He emphasizes that large enterprises’ complex technology needs and regulatory requirements make IT services essential, even as AI adoption grows.“Concerns…

Asian markets showed little movement on Monday as several trading floors closed for Lunar New Year celebrations. Japan’s disappointing economic growth of just 0.1 per cent in late 2025 added pressure on newly elected Prime Minister Sanae Takaichi. Meanwhile, US markets will stay shut for Presidents’ Day, and gold prices dipped slightly after reaching $5,000…

Technically, MCX Gold on the daily chart continues to maintain a broader bullish bias despite the recent pullback. (AI image) Gold price prediction today: Gold prices have pulled back from recent highs, but there is an underlying bullish bias, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. Below is his…

Stock market today (AI image) Stock market today: After deep cuts towards the end of last week, Nifty50 and BSE Sensex, opened in red on Monday. While Nifty50 was below 25,450, BSE Sensex dropped over 100 points in opening trade. At 9:16 AM, Nifty50 was trading at 25,434.35, down 37 points or 0.14%. BSE Sensex…

The United States is observing Presidents Day on Monday, Feb. 16, a federal holiday honouring the country’s presidents, especially George Washington. As Americans mark the occasion, one of the common question is what services, like Banking, etc., remain open and what’s shutdown.Since Presidents Day is one of the official federal holidays in the US, several…

du to invest in the subsea fibre optic network that will link six key locations, with landing points in Kalba in the UAE, Muscat in Oman, Mumbai and Chennai in India, Kedah in Malaysia and Singapore. In a major step for the UAE’s digital infrastructure ambitions, telecom provider du has announced a strategic partnership to…

“Gold prices have fallen in February 2026, with prices correcting from highs of Rs 1,80,000 per 10 grams to around Rs 1,53,800 per 10 grams as on February 13,” Prathamesh Mallya, DVP – Research, Non-Agri Commodities and Currencies at Angel One, said. He noted that better-than-anticipated employment data from the United States has tempered expectations…

NEW DELHI: The India-US trade deal goes some way to alleviate stress on Indian exports but there are “plenty of unknowns” and leaves questions unanswered, says an analysis by Moody’s Analytics, an arm of Moody’s.“The deal assumes that India will end its purchase of Russian oil, but there has been no confirmation from India,” said…