Business
Adani Defence and Aerospace and Brazilian aircraft maker Embraer have signed a memorandum of understanding to explore aircraft manufacturing opportunities in India. The partnership aims to develop a domestic ecosystem for regional aircraft production in line with India’s push to strengthen its aviation manufacturing capabilities. Scope of the Collaboration Under the MoU,
Business Markets
Indian equity markets ended higher as investor sentiment improved during the session. The BSE Sensex and the Nifty 50 both closed with gains, supported by buying interest in banking, metal, and select infrastructure stocks. Market participants cited optimism around recent trade developments and steady global cues as key drivers. Sectoral Performance and Key Movers Banking
Business
International Monetary Fund Managing Director Kristalina Georgieva warned that artificial intelligence (AI) is poised to significantly disrupt the global labour market, comparing its impact to a “tsunami” at the World Economic Forum in Davos. She said AI could affect around 40 % of jobs worldwide, reshaping roles or leading to elimination and transformation of work […]
Markets
Indian equity markets saw a sharp sell-off, with the BSE Sensex and NSE Nifty 50 falling steeply and erasing around ₹16 lakh crore in investor wealth. The decline came amid broad-based selling across sectors, dragging key indices lower through the trading session. Adani Group Stocks Hit Hard Shares of several Adani Group companies were among […]
Business Finance
The Indian rupee fell to a fresh record low against the US dollar, weakening past previous lows amid strong dollar demand and ongoing selling pressure from foreign investors. The depreciation reflects continued stress in the foreign exchange markets and cautious investor sentiment. Foreign Outflows and Market Impact Sustained foreign portfolio outflows from Indian equities