FSDC stresses on vigilance, reforms amid global uncertainty & AI boomFinance minister Nirmala Sitharaman led an important session of the Financial Stability and Development Council, focusing on maintaining fi...
23 Oct, 2026, 11.23 PM IST
Cognizant to buy Australia's DyFlex in its 3rd deal of 2026Cognizant Technology Solutions has signed an agreement to acquire DyFlex Solutions, enhancing its AI and SAP capabilities. This acquisition...
23 Oct, 2026, 12.07 PM IST
Westpac's latest job cuts not AI-driven, spokesperson saysWestpac is set to eliminate approximately 140 positions as part of a restructuring effort. The Finance Sector Union highlights that the ban...
22 Oct, 2026, 12.42 PM IST
India's AI financing demand to shift towards data centres, but GPU, regulatory risks persist: ReportAs India embraces the AI revolution, the sector's growth is bolstered by a surge in internet and smartphone users, alongside a wave of gene...
22 Oct, 2026, 12.17 PM IST
Singapore-based Ascertis Credit secures $700 million for Fund IVAscertis Credit Group has raised more than $700 million in commitments for its fourth private credit fund. The fund aims to reach a target ...
22 Oct, 2026, 07.21 AM IST
PSBs step up AI adoption, cyber resilience under EASE₹ise 8.0 reformsPublic sector banks in India are focusing on adopting artificial intelligence and enhancing cyber security measures. They are modernizing t...
21 Oct, 2026, 05.55 PM IST
Tech giants' AI spending to exceed $1 trillion in 2027, lift US growth: UBSMajor technology companies are projected to invest more than USD 1 trillion in artificial intelligence infrastructure by 2027. Reports indi...
21 Oct, 2026, 10.23 AM IST
AI debutant’s flameout stokes fears boom is endingElice, a data center and AI developer, faced a significant decline in its stock price during its debut. This situation exemplifies a broade...
21 Oct, 2026, 07.44 AM IST
Global Market Today: Asian shares, US futures rise on AI-trade revivalThe MSCI Asia Pacific Index climbed 0.6% with shares gaining in South Korea and Japan. The Kospi Index rose 1.9%, rebounding after one of t...
21 Oct, 2026, 06.30 AM IST
China flags APEC's role as key for a challenged global economyDuring the opening of the APEC Finance Ministers' meeting in Hong Kong, China's Finance Minister Lan Foan highlighted the importance of the...
20 Oct, 2026, 02.23 PM IST
Korea’s KOSPI crashes another 5% as AI rout deepens; AI bellwether down over 40% from peakChip heavyweight SK Hynix Inc. headed for its lowest close since April. Data-center infrastructure company Elice Inc. plunged as much as 32...
20 Oct, 2026, 09.38 AM IST
Asia’s resilience masks a growing jobs challenge as AI reshapes workThe Asia-Pacific region has shown resilience despite energy shocks and trade restrictions, with the IMF projecting 4.8% growth. While some ...
20 Oct, 2026, 12.34 AM IST
ISB programme explores AI’s growing role in the future of digital financeThe Executive Programme in Fintech and AI at ISB is crafted to equip finance professionals with cutting-edge skills in financial services. ...
19 Oct, 2026, 05.41 PM IST
China's AI data centre boom faces Return-on-Investment test as financing costs rise: Goldman SachsGoldman Sachs examined three business models in China's data centre sector: traditional powered-shell facilities, integrated AI data centre...
19 Oct, 2026, 12.43 PM IST
AI infra boom faces financing risks as data centre bond spreads widen: Goldman SachsThe report said high-yield bonds issued by data centre companies are facing pressure as investors assess the risks of financing the rapid e...
19 Oct, 2026, 10.49 AM IST
US Market: Wall Street’s AI rally faces test as Meta earnings loomWall Street’s AI-driven rally faces a crucial test as Meta, semiconductor makers and major companies report quarterly earnings. Investors w...
19 Oct, 2026, 09.45 AM IST
AI debt, municipal bonds offer opportunities amid market volatility: Goldman SachsAs we look ahead, credit markets are expected to present promising investment opportunities, especially in the realms of artificial intelli...
17 Oct, 2026, 11.48 AM IST