Japan’s Nikkei slipped 1% and South Korea’s Kospi fell nearly 2%, pulling MSCI’s broadest Asia-Pacific share index down 0.4%. Futures pointed to a firmer opening for Wall Street, with S&P 500 and Nasdaq futures rising 0.4%, while European futures gained 0.2%. Asian equities traded cautiously on Monday as lingering uncertainty over the Middle East ceasefire…
NY judge’s query procedural, unlikely to derail DoJ bid to drop charges, says US lawyer in Adani case (Image credit: AP) NEW YORK: A US federal judge’s decision to seek a fuller explanation from prosecutors before approving the dismissal of criminal charges against billionaire Gautam Adani is a procedural requirement and does not signal that…
Which are the top stocks investors can look to buy today? Motilal Oswal Wealth Management Research Desk shares recommendations: (AI image) Stock market recommendations: Gokaldas Exports, and Reliance Industries (RIL) are the top stocks that Motilal Oswal Wealth Management Research Desk has chosen as ‘buy’ recommendations for the week starting June 29, 2026. Stock Name…
MUMBAI: Delayed payments are putting working capital stress on MSMEs, with average overdue receivables beyond 360 days at around Rs 3.8 crore per firm and a national invoice payment cycle of 73 days, even as 82.6% of invoices are issued with credit periods of 0 to 30 days, a report noted. The Indian SME Receivables…
AI enters cost-conscious era as enterprises chase returns NEW DELHI: The enterprise AI gold rush is giving way to a more disciplined phase. After two years of racing to deploy the biggest models and consume more compute, companies are asking a simpler question: is every AI rupee generating measurable business returns? Uber recently acknowledged that…
BENGALURU: The story of Nagarro cofounder Manas Human spans an unlikely arc — from the tea town of Dibrugarh in Assam and the classrooms of Delhi to the trading floor of the Frankfurt Stock Exchange, where he helped build one of the world’s largest digital engineering companies. Born in Dibrugarh, Human spent part of his…
Persistent bids to buy German company for $1.3 billion BENGALURU: In one of the largest cross-border acquisitions by an Indian IT services company, Persistent Systems has launched an all-cash bid to acquire Germany’s Nagarro for about $1.3 billion, reports Shilpa Phadnis. This transaction could create a $2.9-billion digital engineering and AI powerhouse with more than…
Electric passenger vehicle sales may cross 3 lakhs in 2026 CHENNAI: India’s electric passenger vehicle (EPV) market is expected to maintain strong growth momentum in 2026, with annual sales likely to exceed 3 lakh units for the first time, compared with just under 2 lakh last year. So far in 2026, registrations are closing in…
Monsoon uncertainty weighs on gains from lower oil prices MUMBAI: Oil prices have tumbled enough for some analysts to lower India’s headline inflation forecast for the fiscal year, but uncertainty over the trajectory of monsoons is nudging consumer firms to temper their growth expectations. Companies with a wide footprint are hoping that a diversified product…
Commerce and Industry minister Piyush Goyal is leading a business delegation to Greece as India seeks to deepen bilateral trade, investment and startup collaboration between the two countries. Commerce minister Piyush Goyal is leading a business delegation to Greece as India seeks to deepen bilateral trade, investment and startup collaboration between the two countries, PTI…
