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IT SERVICES DEMAND REVIVAL
12 years of govt: Share of services sector in total exports jumps to 49% in FY26India's services exports saw a substantial rise, increasing their share in total exports. This growth was fueled by the IT sector and digit...- India's export outlook is challenging for FY27, but worst is over: Elara SecuritiesIndia's export outlook remains challenging in FY27 amid moderating global demand and elevated electronics imports, but the worst phase appe...
- Falling crude, stronger rupee could boost earnings outlook for India: Deepak ShenoyIndian stocks are poised for a favorable period. Falling crude oil prices and a strengthening rupee offer support. Macroeconomic conditions...
- ONGC's overseas arm set to revive Venezuela operationsONGC Videsh Ltd (OVL) had acquired assets overseas as part of increasing the state-run oil producer's crude output. The move to revive OVL ...
- India Inc gears up for Middle East rebound after peace dealIndian businesses are preparing for a surge in Middle East demand following a peace agreement. Companies are increasing production and secu...
- Gold jumps over 2% as US-Iran peace deal boosts bullion demandGold and silver prices surged over 2% on MCX after a US-Iran peace framework eased inflation fears and lowered rate-hike expectations. Fall...
- Indian IT firms step up Europe expansion as growth outpaces North AmericaIndian IT firms are increasingly focusing on Europe for growth, with a significant rise in new delivery centres and strategic investments. ...
- Afforestation, dolphin revival show life returning to Ganga under Namami Gange: NMCGThe Namami Gange program has brought ecological revival to the Ganga river. Large-scale afforestation efforts have led to forest cover alon...
- US ban on Anthropic's Fable 5 & Mythos 5 to put Indian IT services firms at competitive disadvantageUS restrictions on foreign access to Anthropic's advanced AI models, Mythos and Fable 5, are creating a significant competitive disadvantag...
- India's FTAs set stage for $1 trillion export target: ReportIndia's new generation of Free Trade Agreements can act as a catalyst for manufacturing expansion, private capex revival and supply-chain i...
- 2 TCS employees booked for abetment over colleague's ''suicide'', company says it is ascertaining factsPune police have filed a case of abetment to suicide against three individuals. This action follows the death of a 48-year-old employee of ...
- India bonds surge as oil nears 8-week low on US-Iran deal hopesIndian government bonds rallied early Friday as oil prices plunged, with Brent crude futures easing nearly 2% to $88.66 per barrel. This de...
- Bank credit grows 17.4% in May as rising yields push companies to loansBank loans are seeing a surge. Credit growth reached 17.4 percent by May 31, the highest in almost two years. This rise is driven by compan...
- Infosys, HCL Tech, other IT stocks tumble up to 3%. What's spooking investors?Indian IT stocks, led by Infosys, HCLTech and LTIMindtree, fell up to 3% as hotter-than-expected US inflation fuelled concerns over prolong...
- Gold price crash may revive wedding demand as buying season nearsGold and silver prices witnessed a sharp correction from recent highs, raising hopes of stronger jewellery demand. Industry experts expect ...
- AI not a threat, but opportunity for IT services: TCS chairman N ChandrasekaranAddressing the concerns that AI could reduce demand for traditional IT services, Chandrasekaran said the market has misunderstood the relat...
- India’s longest toy train services is back after 4 years. 164 km of Himalayan magic for just Rs 40 ticket price - 10 hours, 1,000 bridges, 484 curvesThe beloved Kangra Toy Train, a UNESCO tentative site, has resumed its scenic journey after a four-year hiatus due to bridge damage. This v...
- TCS renews 1.5 million sq ft Chennai office lease in Rs 1,420-cr rental dealTata Consultancy Services (TCS) has renewed its lease for nearly 15 lakh sq ft of office space in Chennai for 10 years, committing approxim...
- FlixBus revives Poland’s ‘Highway to Hel’ 666 bus serviceCoach operator FlixBus brings back the famous Route 666 to Poland's Hel Peninsula for summer 2026. The route, connecting Krakow to the Balt...
- Jobless growth in IT: Revenue grows, headcount stagnatesIndia's top IT companies are achieving revenue growth with stable employee numbers. This trend highlights a shift towards automation and im...
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