Sensex climbs 260 points on FII buying, hopes of India-US trade deal

BSE benchmark index Sensex ended 260 points higher on Friday amid optimism surrounding a potential India-US trade deal, record high GST collection in April, and continuous foreign fund inflows. Photograph: Savita Kirloskar/Reuters Moreover, a firm trend in global markets also

Cognizant Q1 net income rises 21.4%

Information-technology (IT) services major Cognizant has kept its full-year guidance on revenue growth unchanged at 3.5-6 per cent in constant currency even as the industry is becoming cautious about macro conditions because of tariff wars. Photograph: Chris Helgren/Reuters The Nasdaq-listed

GST revenue hits record high of Rs 2.37 lakh cr in April

Goods and Services Tax (GST) collection rose 12.6 per cent Y-o-Y to an all-time high of about Rs 2.37 lakh crore in April, which the government said shows resilience of the Indian economy and the effectiveness of cooperative federalism. Illustration:

Creativity, not software code, to be main driver of India’s economy: Adobe CEO

Global tech major Adobe Systems’ chief executive Shantanu Narayen on Thursday said creativity, and not software code, will be the main driver of India’s economy in the future. IMAGE: Shantanu Narayen, CEO, Adobe. Photograph: Kind courtesy, Brian Cummings Photography/Wikimedia.org Speaking

Wall Street indices open higher; Microsoft, Meta gain on earnings

US Stock Market Live: Futures on Wall Street are extending their recovery from Wednesday, surging sharply in the after-market session. The Dow futures are now up 180 points, the S&P 500 futures are up 50, while the Nasdaq futures are

Wall Street today: Nasdaq climbs 2%, S&P 500 gains 1%, on strong results FROM Meta Platforms, Microsoft

US stock indices jumped at the open on Thursday, lifted by shares of Meta Platforms and Microsoft after their strong quarterly results. At the opening bell, the Dow Jones Industrial Average rose 248.7 points, or 0.61%, to 40,918.04. The S&P

Mukesh Ambani’s ambitious vision for the next 10 years

India’s versatile media and entertainment industry can grow more than three-fold to $100 billion in the next decade, creating millions of jobs and a ripple effect across sectors, billionaire Mukesh Ambani said on Thursday. IMAGE: Reliance Industries chairman Mukesh Ambani

After CEO exit, RBI okays IndusInd executives’ panel to run the show

The Reserve Bank of India (RBI) has approved IndusInd Bank’s request to form an executive committee to discharge the duties and responsibilities of the chief executive officer (CEO) for a period of maximum three months or till a new CEO

From warehouses to local stores: Ola Electric shifts gear

Amid the ongoing controversy in Maharashtra over Ola Electric stores operating without a trade certificate, sources at the Bengaluru-based electric two-wheeler manufacturer said the company is currently transitioning from a centralised warehouse model to a retail-focused approach. Photograph: Courtesy, Ola

Indian airlines may face Rs 77 cr weekly addl expenses on airspace curbs

Indian airlines are likely to face additional weekly expenses of Rs 77 crore for international flights operated from north Indian cities as the airspace curbs result in increased fuel consumption and longer flight duration. Photograph: Air India Express on Facebook