hcltech shares drop 11 as weak outlook offsets ai gains

HCLTech Shares Plunge 11% Amid Weak Outlook Despite AI Growth | India Business News

NEW DELHI & BENGALURU: Shares of HCLTech fell nearly 11% on BSE on Wednesday after the company issued a softer-than-expected outlook following a muted March quarter performance.Responding to concerns around a 2–3% annual deflation driven by AI, CEO C Vijayakumar said the company has largely offset the impact of deflation in its traditional services business,…

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nse nears ipo as sebi panel clears 18k cr settlement

NSE IPO Moves Closer with ₹1,800 Crore Settlement Approved by Sebi | India Business News

MUMBAI: The long-drawn process for the listing of NSE, the country’s largest stock exchange by turnover and revenue, got a boost after a panel set up by markets regulator Sebi cleared the bourse’s settlement offer in long-pending issues popularly known as colocation and dark fibre cases. These cases, more than a decade old, related to…

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good news for travellers france scraps transit visa for indian passport holders

France Ends Airport Transit Visa Requirement for Indian Travellers | Business

Good news for travellers: France scraps transit visa for Indian passport holders France has lifted the airport transit visa requirement for Indian nationals with effect from April 10, the French Embassy in India announced on Thursday.Indian nationals holding ordinary passports are no longer required to obtain an airport transit visa when passing through the international…

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China Ai Computing Power: Explained: Why China’s AI computing power looks 6,000x bigger

China has reported a massive leap in its domestic artificial intelligence (AI) computing power, with official figures suggesting capacity far beyond what is reflected in global benchmarks, raising questions about a potential “dark pool” of hidden compute.According to China’s ministry of industry and information technology (MIIT), the country has reached 1,882 exaflops — or 1,882…

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1776939680 india us trade deal

India a ‘tough nut to crack’: US Trade Representative makes big statement as 3-day trade deal talks conclude

A ruling by the Supreme Court of the United States on February 20 struck down the reciprocal tariffs introduced by Donald Trump. (AI image) India-US trade deal: The Indian delegation’s visit to America for trade deal talks has concluded and US Trade Representative Jamieson Greer has called New Delhi a ‘tough nut to crack’. The…

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india oil output

High import dependence: India’s crude oil production falls for 11th consecutive year; gas also sees a dip

The sustained fall in domestic production has pushed up reliance on imports. (AI image) Highlighting import dependence, India’s crude oil output has declined for the eleventh year in a row in 2025–26. Natural gas production has also slipped for the second consecutive year. The decline in output was largely due to depletion in older fields…

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Petrol Price Hike: ‘Mischievous and misleading’: Government dismisses ‘fake news’ on petrol, diesel price hike

The ministry of petroleum and natural gas on Thursday dismissed reports of a possible hike in petrol and diesel prices, calling them “fake news” and aimed at creating unnecessary panic among citizens.In a post on X, the ministry said, “There are some news reports suggesting a price hike of petrol and diesel. It is hereby…

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Asian Markets: Asian stocks today: Markets retreat after record highs as oil surge, Iran tensions weigh on sentiment

File photo (Picture credit: AP) Asian markets slipped on Thursday after briefly hitting record highs, as rising oil prices and uncertainty over US-Iran peace talks dampened investor sentiment.Japan’s benchmark index surged past a historic milestone before reversing course. The Nikkei 225 briefly crossed the 60,000 mark for the first time, touching 60,013.98, but later fell…

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1776925032 gold price prediction

Gold, silver price prediction: Will gold head to Rs 1.63 lakh/10 grams & silver hit Rs 2.80 lakh/kg?

The area around the weekly low of 149,000 is expected to act as a key support zone, underscoring its technical importance. (AI image) Gold and silver price prediction today: Gold and silver prices are showing sideways-to-bullish momentum, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold Price Outlook On the…

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