Business

Japan’s Nikkei slipped 1% and South Korea’s Kospi fell nearly 2%, pulling MSCI’s broadest Asia-Pacific share index down 0.4%. Futures pointed to a firmer opening for Wall Street, with S&P 500 and Nasdaq futures rising 0.4%, while European futures gained 0.2%. Asian equities traded cautiously on Monday as lingering uncertainty over the Middle East ceasefire…

NY judge’s query procedural, unlikely to derail DoJ bid to drop charges, says US lawyer in Adani case (Image credit: AP) NEW YORK: A US federal judge’s decision to seek a fuller explanation from prosecutors before approving the dismissal of criminal charges against billionaire Gautam Adani is a procedural requirement and does not signal that…

Which are the top stocks investors can look to buy today? Motilal Oswal Wealth Management Research Desk shares recommendations: (AI image) Stock market recommendations: Gokaldas Exports, and Reliance Industries (RIL) are the top stocks that Motilal Oswal Wealth Management Research Desk has chosen as ‘buy’ recommendations for the week starting June 29, 2026. Stock Name…

MUMBAI: Delayed payments are putting working capital stress on MSMEs, with average overdue receivables beyond 360 days at around Rs 3.8 crore per firm and a national invoice payment cycle of 73 days, even as 82.6% of invoices are issued with credit periods of 0 to 30 days, a report noted. The Indian SME Receivables…

AI enters cost-conscious era as enterprises chase returns NEW DELHI: The enterprise AI gold rush is giving way to a more disciplined phase. After two years of racing to deploy the biggest models and consume more compute, companies are asking a simpler question: is every AI rupee generating measurable business returns? Uber recently acknowledged that…

BENGALURU: The story of Nagarro cofounder Manas Human spans an unlikely arc — from the tea town of Dibrugarh in Assam and the classrooms of Delhi to the trading floor of the Frankfurt Stock Exchange, where he helped build one of the world’s largest digital engineering companies. Born in Dibrugarh, Human spent part of his…

Monsoon uncertainty weighs on gains from lower oil prices MUMBAI: Oil prices have tumbled enough for some analysts to lower India’s headline inflation forecast for the fiscal year, but uncertainty over the trajectory of monsoons is nudging consumer firms to temper their growth expectations. Companies with a wide footprint are hoping that a diversified product…

Commerce and Industry minister Piyush Goyal is leading a business delegation to Greece as India seeks to deepen bilateral trade, investment and startup collaboration between the two countries. Commerce minister Piyush Goyal is leading a business delegation to Greece as India seeks to deepen bilateral trade, investment and startup collaboration between the two countries, PTI…

Wall Street heads into the second half of 2026 with investors bracing for a closely watched US jobs report that could reshape expectations for Federal Reserve interest rates, even as sharp swings in artificial intelligence (AI) and semiconductor stocks continue to keep markets on edge. Wall Street heads into the second half of 2026 with…

The IT services industry “has been stuck at 2-3% revenue growth over the last three years” and, with “AI deflation still only in Year 2,” JPMorgan expects “further headwinds to growth over the next two years.” India’s information technology (IT) services sector faces an uncertain demand environment as generative artificial intelligence (GenAI)-led productivity gains, geopolitical…