Business

Equity benchmarks Sensex and Nifty surged in early trade on Friday, led by a sharp rally in Infosys after the IT major raised its FY26 revenue growth guidance, boosting investor sentiment despite continued foreign fund outflows.

The rupee weakened for the third straight session on Friday, slipping 10 paise to 90.44 against the US dollar amid foreign fund outflows and a firm greenback. Lower crude prices and positive equities limited further losses.

Infosys shares jumped over 5 per cent after the IT major raised its FY26 revenue growth guidance to 3–3.5 per cent. Despite a decline in quarterly net profit, strong AI momentum and improved outlook boosted investor sentiment

Foxconn and HCL Group have named their semiconductor joint venture India Chip Private Limited, with Foxconn infusing Rs 312 crore for a 40 per cent stake. The JV will set up an OSAT facility in Uttar Pradesh

India’s banking system enters 2026 stronger than ever—lower NPAs, higher capital buffers, and RBI-backed liquidity. But tougher norms will test resilience

Geoeconomic confrontation has emerged as the biggest global risk in 2026, while cyber insecurity tops India’s risk list, according to the World Economic Forum’s Global Risks Report, which also warns of rising climate, misinformation and geopolitical threats

The IT company reported a 2.2 per cent decline in consolidated net profit to Rs 6,654 crore in the October-December quarter of FY26, as compared to Rs 6,806 crore in the year-ago period

Mercedes-Benz will locally produce the ultra-luxury GLS Maybach in India, becoming the only country outside the US to do so. Localisation will reduce its price, alongside plans for 12 new models and expanded EV infrastructure under the ‘MB.Charge Public’ initiative

Equity benchmark indices Sensex and Nifty remained volatile in early trade on Wednesday as investors stayed cautious amid persistent foreign fund outflows and tariff-related uncertainties. Mixed global cues and firm crude prices added to market nervousness.

The rupee rebounded from lower levels to gain 11 paise against the US dollar in early trade on Wednesday, supported by softer crude oil prices and a weaker dollar overseas, even as markets remained cautious ahead of key US inflation data.

Gold hovered near fresh record highs and silver reached new peaks as softer US inflation data fueled expectations of Federal Reserve rate cuts. Safe-haven demand amid geopolitical tensions further supported bullion, with both metals seeing strong buying in domestic and global markets

BRS working president KT Rama Rao has been invited to speak at Columbia Business School’s 21st Annual India Business Conference in New York on April 4. Organised by the South Asia Business Association, the event has been a premier platform for dialogue on India’s business, innovation, and policy for over two decades.

Ducati India plans 10 new and updated motorcycle launches in 2026, including the Panigale V4 Lamborghini, Monster V2, and Hypermotard V2. The Panigale V4R is already available, with bookings open at dealerships across major Indian cities.

Blinkit has removed its 10-minute delivery claim following concerns over gig worker safety. The move comes after Labour Ministry discussions with quick-commerce platforms, even as the company maintains that faster deliveries do not pressure riders or encourage unsafe driving.

India aims to expand its homegrown UPI digital payment system to more countries, especially in East Asia, Financial Services Secretary M Nagaraju said. UPI already operates in eight nations, facilitating digital transactions and supporting Indian tourists abroad

Andhra Pradesh CM N Chandrababu Naidu said governance has been restored after years of alleged dysfunction. Welfare schemes deposited over Rs 10,000 crore to mothers, Rs 6,310 crore to farmers, and investment approvals reached Rs 8.74 lakh crore in 2025

In the September quarter, TCS reported a net reduction of 19,755 employees, but indicated that only about 6,000 of these exits were involuntary and linked to restructuring

The Supreme Court disposed of Telangana’s writ petition against the Polavaram project but allowed it to file a fresh lawsuit under Article 131. Telangana alleges the project expansion diverts 200 TMC of water without approvals, while SC suggested mediation

India’s EV market reached 2.3 million units in 2025, accounting for 8 per cent of new vehicle registrations. Electric two‑wheelers led growth, while Delhi, Uttar Pradesh and Kerala recorded high EV-to-ICE ratios. EV funding exceeded 1.4 billion dollars

US President Donald Trump said he may keep ExxonMobil out of Venezuela after the company’s CEO termed conditions there uninvestable. Trump made the remarks after a White House meeting with oil executives to discuss plans for Venezuelan oil reserves

Benchmark indices Sensex and Nifty slipped in early trade on Monday amid sustained foreign fund outflows, concerns over fresh US tariffs on Indian exports and lingering geopolitical risks, even as Asian markets traded higher and investors remained cautious.

The rupee weakened by 5 paise to 90.23 against the US dollar in early trade on Monday amid rising crude oil prices, continued foreign fund outflows and global geopolitical concerns, while markets awaited key macroeconomic data later this week.

The debate on workplace well-being has largely focused on corporate employees, sidelining the informal sector that employs over 80% of the workforce

The Income Tax Act, 2025, will come into effect from April 1, replacing the 1961 law. The new legislation simplifies tax provisions, introduces a single 'tax year', and allows refunds even after delayed filings. The overhaul aims to reduce litigation and make tax compliance easier for individuals and corporates.