AI Will Reshape Jobs, Not Replace Them: Microsoft

By BPN News Desk December 14, 2025

Business

Microsoft India and South Asia President Puneet Chandok has said artificial intelligence will transform how jobs are performed rather than eliminate them, pushing back against fears of large-scale job losses due to automation. Speaking on the impact of AI on the workforce, Chandok said

Business

Shiprocket Files Updated DRHP for ₹2,342 Crore IPO

By BPN News Desk December 14, 2025

E-commerce logistics platform Shiprocket has filed an updated draft red herring prospectus with the Securities and Exchange Board of India for its proposed initial public offering worth ₹2,342.3 crore. The filing brings the Gurugram-based company closer to a public listing, as it seeks to tap capital markets amid continued growth in India’s digital commerce ecosystem. […]

Business Finance

PF Contribution on Wages Above ₹15,000 Remains Voluntary

By BPN News Desk December 13, 2025

The Labour Ministry has clarified that provident fund contributions on wages exceeding ₹15,000 per month will continue to be voluntary and are not mandatory under existing or proposed labour regulations. The clarification was issued amid concerns among salaried employees that changes in labour laws could lead to higher compulsory PF deductions and reduced take-home pay.

Business Finance

Cabinet Approves Bill to Raise Insurance FDI to 100%

By BPN News Desk December 13, 2025

The Union Cabinet has approved a bill to raise the foreign direct investment limit in the insurance sector to 100 percent, marking a significant shift in India’s policy framework for the industry. The proposal seeks to amend existing insurance laws to allow complete foreign ownership of insurance companies operating in India, subject to regulatory safeguards. […]

Business Markets

Sensex, Nifty End Higher on Broad Market Gains

By BPN News Desk December 12, 2025

Indian equity markets closed higher on December 12 as buying interest returned across key sectors. The BSE Sensex ended the session with solid gains, while the Nifty 50 comfortably held above the 26,000 level. The recovery came after recent volatility, with investors responding positively to supportive global cues and improved domestic sentiment. Sectoral Stocks Lead […]

Business Markets

Equity Mutual Fund Inflows Jump 21% in November

By BPN News Desk December 11, 2025

mutual funds in India attracted net inflows of ₹29,911 crore in November 2025, marking a 21 percent increase compared with October. This growth reflects continued investor interest in equities amid strong market performance and positive economic indicators. Data Shows Broad-Based Demand According to industry figures released by the Association of Mutual Funds in India

Business Markets

Sensex, Nifty Slip on Weak Global Cues

By BPN News Desk December 11, 2025

Indian markets turned negative on Thursday as the Sensex fell around 150 points from its intraday high and the Nifty slipped below 25,900. Both indices, which opened on a stronger note, lost momentum through the session amid broad-based selling pressure. Global Factors Weigh on Sentiment Weak trends across major Asian markets and mixed signals from […]

Business

Indian IT Giants to Deploy 200,000 Microsoft Copilot Licences

By BPN News Desk December 11, 2025

Microsoft CEO Satya Nadella has announced that Cognizant, Infosys, TCS and Wipro will collectively deploy over 200,000 Microsoft Copilot licences across their global operations. Each firm is set to roll out more than 50,000 licences, marking one of the largest enterprise AI deployments worldwide. Expanding AI Partnerships The deployment is part of strengthened partnerships

Business

Microsoft Announces 20 Million AI Skilling Drive in India

By BPN News Desk December 11, 2025

Microsoft CEO Satya Nadella has announced a major nationwide initiative to train 20 million Indians in artificial intelligence (AI) by 2030. Speaking during his India visit, Nadella said the country has the potential to become a global leader in the AI era and highlighted the need for large-scale talent development. Part of Microsoft’s Larger India […]

Business Finance

Rupee Falls to Record Low of 90.46 Against Dollar

By BPN News Desk December 11, 2025

The Indian rupee touched a new record low of 90.46 against the US dollar on Thursday, reflecting continued pressure on the currency from both global and domestic factors. The decline marks the weakest level ever recorded for the rupee. Market Factors Driving the Fall Traders attributed the depreciation to strong dollar demand from corporates, foreign […]