Business

Middle East conflict jitters are pushing oil prices higher, with Brent crude and WTI futures seeing gains. Ceasefire talks with Iran are reportedly “on life support” following Tehran’s response to a US proposal, which included broader regional demands. The Strait of Hormuz, a vital oil passage, remains a key flashpoint, with Iran asserting control, raising

India must urgently develop its own frontier-scale AI models to avoid becoming a passive consumer and to shape global technology rules, according to Sarvam AI co-founder Pratyush Kumar. The company is preparing to train a trillion-parameter AI model, emphasizing the need for strategic capability and ownership of foundational models to capture economic value and prevent

Indians are increasingly recycling and exchanging old gold jewelry for new pieces due to rising prices and volatility. This trend has significantly boosted exchange programs at retailers like P.N. Gadgil & Sons and Tanishq, with consumers opting for lower caratages and alternative jewelry to manage costs.

Despite volatile markets, investors continued to pour money into mutual funds in April, with equity funds seeing Rs 38,440 crore in net inflows and debt funds experiencing a significant Rs 2.47 lakh crore. This marks the 62nd consecutive month of equity inflows, indicating a balanced, allocation-focused approach by investors seeking diversified strategies to navigate market

The government remains committed to reforms and policy certainty, aiming for macroeconomic stability and global competitiveness, according to Principal Secretary Shaktikanta Das. He urged Indian businesses to build resilience by strengthening balance sheets, diversifying markets, and investing in R&D. Recent FTAs are expected to boost integration into global value chains.

LTM boosted fresher hiring by 40% and deployed over 1,500 AI agents in FY26 to enhance productivity. Simultaneously, the company increased reliance on overseas subcontractors, particularly in the US and Europe, while its permanent employee count grew overall, driven by India.

Four major investors, including Peak XV and Sequoia, are selling a 4.3% stake in fintech firm Groww, valued at approximately $500 million. This move comes as the lock-in period for pre-IPO shareholders is set to expire soon, potentially releasing shares worth over Rs 81,000 crore into the market.

RIL, Tata group exploring greater flexibility; move may affect IT companies return to office plans

Foreign funds net sell 8.4K crore stocks; investors poorer by 6 lakh crore