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US SERVICE SECTOR CONTRACTION
India's private sector growth slows to three-month low in June as demand weakens, costs rise: HSBC PMIIndia's private sector experienced a slowdown in June, reaching a three-month low as rising costs and softening demand impacted business. T...- AI will amplify, not replace companies that adapt fast: Nandan NilekaniInfosys is aggressively pursuing the AI-first services market, projecting a $300-400 billion opportunity by 2030. Chairman Nandan Nilekani ...
- REITs' leasable area to rise 30% by FY28, credit profiles to remain healthyIndia's listed office REITs are poised for significant expansion, with leasable space projected to grow by 40-45 million sq ft by 2027-28. ...
- US manufacturing soars on front-loading of orders; factory employment tanks to six-year lowUS manufacturing activity surged in June as businesses stocked up anticipating shortages and price hikes, driven by Middle East conflict im...
- A new bunch of AI spin-offs ripe for the pickingIndian tech unicorns are transforming their internal AI tools into independent businesses, mirroring successes like Amazon Web Services and...
- Kalshi bars India users after govt bans prediction marketsUS-based prediction market Kalshi has now officially restricted Indian users from trading, following government action against such platfor...
- Gold steady as investors focus on US-Iran peace talksGold prices held steady as U.S.-Iran peace talks progressed, offering a glimmer of regional stability. However, escalating expectations of ...
- US curbs on AI spur European firms to spread the riskEuropean companies are diversifying AI providers due to US access limits, highlighting a need for domestic alternatives. Major firms like S...
- Core sector output slows to seven-month low of 0.5% in MayIndia's core sector growth hit a seven-month low of 0.5% in May, primarily due to a significant slump in energy-related industries. Petrole...
- India set to seal $230 million M777 howitzer support deal with US: Sergio GorIndia is set to receive a significant boost to its defence capabilities with a proposed $230 million US sustainment package for its M777 ul...
- US curbs on AI spur European firms to spread the riskEuropean firms are diversifying AI providers due to U.S. access limits, highlighting a need for domestic alternatives. Companies like Sieme...
- IPO-bound Laxyo expands operations in Africa; bags Rs 200-crore order in ZambiaIndore-based Laxyo Ltd has significantly expanded its global footprint by securing a substantial Rs 200-crore raise-boring contract in Zamb...
- China hits back at US sanctions on tech giants, restricting its exports to 10 American defense firmsChina has retaliated against US sanctions by imposing its own restrictions on 10 American military-linked companies. Beijing's Commerce Min...
- China hits back at US sanctions on tech giants, restricts exports to 10 American defense firmsChina imposed export controls on 10 US companies involved in defence and rare earths mining in response to Washington's blacklist, and bann...
- New labour code: Appointment letters must mention job role, workplace, and other key conditions; here's how employees benefitNew labour code rules mandate employers to issue detailed appointment letters, ensuring clarity on job roles, wages, and social security be...
- Betting on India’s travel boom? Motilal Oswal sees TBO Tek and Ixigo as key beneficiariesThe industry has evolved significantly over the past two decades—from a fragmented, offline agent-driven market to a digitally enabled ecos...
- Natural gas prices rebound as inventories tighten, LNG exports rise: Motilal OswalNatural gas prices are climbing back up. This recovery is driven by lower stored gas, increased power sector use, and more US liquefied nat...
- Sodexo in talks to buy Shashi CateringGlobal food services giant Sodexo is reportedly in discussions to acquire Shashi Catering Services. This potential deal could be the larges...
- French spies drop AI giant Palantir over US overreliance fearsFrance is moving away from American AI technology for its intelligence services. The government announced it will stop using Palantir's dat...
- India bonds muted as sparse US-Iran deal details cap oil-led gainsTuesday saw Indian government bonds holding firm amidst a backdrop of market anticipation surrounding a possible U.S.-Iran peace negotiatio...
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