Markets

Gold Prices Fall As Dollar Gains Strength

By BPN News Desk April 23, 2026

Gold prices fell further on Thursday as investors shifted toward the U.S. dollar amid uncertainty over Iran talks and expectations that U.S. interest rates could stay higher for longer. The decline came as rising oil prices added to inflation concerns, reducing the appeal of non-yielding assets such as gold. Gold Prices Fall On Stronger Dollar […]

Business

HCLTech Shares Slide After Weak FY27 Outlook

By BPN News Desk April 22, 2026

HCLTech shares came under pressure after the company reported a softer-than-expected March quarter and issued a cautious FY27 outlook, triggering a negative market reaction. The stock fell sharply as investors focused on weaker guidance, slower client spending and delayed project ramp-ups across parts of the business. HCLTech Share Price Falls After Q4 Results HCLTech

Business

Adobe Announces $25 Billion Share Buyback

By BPN News Desk April 22, 2026

Adobe has announced a new stock repurchase programme worth $25 billion, giving the software giant fresh authority to buy back its own shares through April 30, 2030. The move signals confidence in the company’s cash generation and long-term business outlook as Adobe continues to invest heavily in artificial intelligence, creativity tools and digital experience products.

Business

ASML To Cut 1,700 Jobs In Restructuring

By BPN News Desk April 22, 2026

Dutch chip equipment giant ASML, now regarded as Europe’s most valuable company, is moving ahead with plans to cut around 1,700 jobs as part of a major internal restructuring despite strong business growth. The layoffs amount to roughly 4 percent of its global workforce and have drawn attention because they come even as the company […]

Business

Meta To Install Tracking Software On US Staff PCs

By BPN News Desk April 22, 2026

Meta has told its US-based employees that it is installing new monitoring software on company machines to collect workplace interaction data for artificial intelligence training. According to a Reuters report cited by Times of India, the tool will track how employees use work-related apps and websites as Meta pushes to build AI agents that can […]

Business Finance

RBI Partially Rolls Back Rupee Derivative Curbs

By BPN News Desk April 21, 2026

The Reserve Bank of India has partially rolled back its recent emergency restrictions on rupee derivative trading after volatility in the currency market eased. The move signals a shift from crisis control toward restoring normal market activity, although some safeguards remain in place to prevent speculative pressure and distorted trades. RBI Partially Eases Rupee

Business

Tim Cook To Step Down As Apple CEO

By BPN News Desk April 21, 2026

Apple has announced a major leadership transition, with Tim Cook set to step down as chief executive officer on September 1, 2026, and John Ternus named as his successor. Cook will remain with the company as executive chairman, marking the biggest change at the top of Apple since he took over from Steve Jobs in […]

Business Finance

ICICI Bank Q4 Profit Rises To Rs 14,755 Crore

By BPN News Desk April 20, 2026

ICICI Bank reported a rise in profit for the March quarter of FY26, with consolidated net profit increasing 9.28% year-on-year to Rs 14,755 crore. The quarterly performance was supported by lower provisions, steady credit growth and continued strength in core banking operations. On a standalone basis, net profit came in lower than the consolidated figure, […]

Business

Meta Plans Layoffs Affecting 8000 Jobs

By BPN News Desk April 18, 2026

Meta is preparing for another major round of job cuts, with about 8,000 roles, roughly 10% of its global workforce, expected to be affected in the first phase beginning in May 2026. The move comes as the company reorganises around artificial intelligence and broader efficiency goals, despite remaining financially strong. Meta Layoffs 2026 Plan The […]

Business

Wipro Falls Despite Rs 15,000 Crore Buyback

By BPN News Desk April 17, 2026

Wipro Falls Despite Rs 15,000 Crore Buyback Wipro shares fell sharply after the company announced its March quarter results and unveiled a Rs 15,000 crore buyback plan. The stock dropped as investors looked beyond the buyback and focused on weaker profit growth, soft near-term guidance and continuing concerns over demand in the IT services business. […]