Business

CERT-In reported that AI models undergoing testing accessed an unnamed Indian company’s confidential data and live systems without authorization NEW DELHI: Artificial intelligence (AI) agents are emerging as a serious cybersecurity threat to Indian organisations, accessing sensitive corporate data without authorisation and exploiting existing security gaps at speeds that leave companies with little time to … Read more

Earning and simply investing money are not enough without understanding how to manage it wisely. NEW DELHI: “Understand before you invest.” Many must have received a message from the Securities and Exchange Board of India (Sebi) through its awareness initiative, “Samajh Se Investing Simple”.But how much do you really need to know about money and … Read more

Bull market may regain momentum Global markets could see risk assets regain momentum as strong economic growth, rising corporate earnings and AI-led productivity support returns despite higher bond yields, according to a Morgan Stanley report.The firm now favours global stocks over bonds, saying rising bond yields reflect a strong economy rather than a worsening economic … Read more

He oversaw the turnaround, which included govt pumping in around Rs 25,000 crore between 2010 and 2020, as well insolvency law-driven clean-up NEW DELHI: Rakesh Sharma, the low-profile managing director and CEO of IDBI Bank, who will lead the transition at the once formidable development financial institution, will go down as one of the longest … Read more

On Amazon, for example, purchases using no-cost EMIs have jumped to 50% from about 30% last year (Representative image) MUMBAI: India’s online festive sales seem to be missing their fiery spark this year. Price hikes have weighed on smartphone sales volumes, typically the biggest driver of the season with final prices in many cases higher … Read more

India will also become a larger global manufacturing and export hub, with Stellantis planning to produce left-hand-drive vehicles locally for overseas markets, expanding its reach to more than 50 countries. NEW DELHI: Automaker Stellantis plans to invest another Rs 4,000 crore in India over three years, starting 2027 as it looks to revive the fortunes … Read more

Starlink says it is ready to bring high-speed internet to India, after Reliance welcomed competition in satellite communications amid Elon Musk’s allegations of obstruction. NEW DELHI: Starlink has said it is ready to connect India with high-speed internet, responding to Reliance Industries’ statement that it welcomes competition in satellite communications, provided all players follow Indian … Read more

US annual budget gap touches $2 trillion The US government spent nearly $2 trillion more than it collected in the 2026 fiscal year, widening its budget deficit to the higest in five years. Higher debt payments, tariff refunds and increased spending on social benefits and defence contributed to the rise.The shortfall increased by $217 billion … Read more

Trump announced the waiver just days before several provisions of the legislation were due to take effect. In what is being seen as a big relief for India and China, US President Donald Trump has waived sanctions, restrictions and duties provided for under the Sanctioning Russia and Iran Act, citing the national interest of the … Read more

She, however, insisted that dialogue is the best way to address these issues NEW DELHI: Finance minister Nirmala Sitharaman Friday flagged her concerns over the large — and exponentially growing — trade imbalance with China and said Beijing has not addressed India’s concerns for nearly a decade and continued to deploy non-tariff barriers.“The trade imbalance … Read more

At Reliance, we have never feared competition, the company said New Delhi: Ahead of its Rs 30,213-crore Jio IPO, Mukesh Ambani’s Reliance Industries has rebutted Elon Musk’s tirade on X and said it welcomed competition.Last Wednesday, Musk had accused “certain oligarchs” of “blocking” Starlink’s entry into India before naming Ambani over the next two days … Read more

Oil prices hold near $105 per barrel Oil prices fell slightly on Friday as investors weighed rising tensions in the Middle East against the possibility of the US easing restrictions on ships carrying oil from sanctioned countries. Brent crude stood at $105.40, a decline of 0.52% while WTI crude was trading at $97.31, down 66 … Read more

Top stocks to buy or sell today on October 16, 2026 Stock market recommendations: Aarti Industries, and Blue Star are the top stocks to buy today on October 16, 2026 as picked by Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One. The analyst has also identified Craftsman Automation as a sell call. Below … Read more

Tech Mahindra shares raced ahead of the BSE Sensex pack on Friday, sprinting over 8%, to add around Rs 11,000 crore to its market value. The blockbuster gains came after the IT firm reported a 32.74% jump in consolidated net profit for the September quarter. Tech Mahindra, along with other IT stocks helped domestic equity … Read more

Mistry responded with a submission on Thursday, asking Bai Hirabai to file an affidavit stating that Noel Tata met the eligibility criteria. MUMBAI: Mehli Mistry has no standing to challenge how two Tata trusts are run, the trusts told the charity commissioner’s office on Thursday. Sir Dorabji Tata Trust (SDTT) and Bai Hirabai Jamestji Tata … Read more

In the case of gold jewellery, CBDT Instruction No. 1916 sets out indicative quantities that may be considered while deciding whether jewellery should be seized. How much gold and silver can you legally keep at home? Is there a legal limit? There is no legally prescribed upper limit on the quantity of gold or silver … Read more

Jefferies estimates marketing losses of Rs 26 per litre on petrol and Rs 30 on diesel NEW DELHI: Selling petrol and diesel has become increasingly costly for India’s oil marketing companies (OMCs). A Jefferies report estimated that they are losing Rs 26 on every litre of petrol and Rs 30 on diesel as the Middle … Read more

The US Department of Energy has invited bids for an exchange of up to 17 million barrels as Washington seeks to ease pressure on oil supplies amid the Iran war. The United States is preparing to offer up to 17 million barrels of crude oil from its Strategic Petroleum Reserve (SPR) as Washington steps up … Read more

Beijing offers to address trade concerns with India after Sitharaman’s criticism China on Friday said it was ready to work with India to address their respective economic and trade concerns after finance minister Nirmala Sitharaman criticised Beijing’s restrictions on market access for Indian products, citing them as a major factor behind the widening trade deficit.“What … Read more

Export volumes exceeded pre-war levels on 14 days during September. (Image for representative purpose only) When the US-Iran war began at the end of February, it unleashed an energy crisis on the world and one not seen in recent years. Oil shipments through the Strait of Hormuz, de facto controlled by Iran, came to a … Read more

The Income Tax Department restricted her exemption to Rs 3 lakh and sought to tax the balance of Rs 6.04 lakh. (Image for representative purpose only) How much of your leave encashment is exempt from income tax? That depends on whether you are a government employee or a private sector employee. The limit for private … Read more

Rupee gains 20 paise against US dollar NEW DELHI: Rupee began Friday on a strong note, gaining 20 paise from its previous close to 94.79 against the US dollar. The rise came as American currency weakened and the impact of the Reserve Bank of India’s structural forex interventions supported the unit.The gains, however, remained limited … Read more

India could face inflation risks: IMF warns India could face fresh inflationary pressures if the Middle East conflict keeps energy prices high for longer, the International Monetary Fund (IMF) has warned. While India has kept its oil pipelines running by sourcing from alternative markets, the agency has predicted that prolonged high energy prices could raise … Read more

According to the allegations, a director of the construction company refused to hand over the property and demanded an additional Rs 20 lakh. (Image for representative purpose only) Buying a home and getting its possession can be two different things, and in many cases the latter is delayed, causing grievance to the homebuyer. In one … Read more

India, Canada sign fresh business deals Indian and Canada signed a series of commercial agreements and memoranda of understanding (MoUs) on Friday, as companies from both nations explore opportunities for collaboration. The agreements were signed during the Canada-India Business Ceremony in Karnataka on Friday, attended by Canada’s minister of international trade, Maninder Sidhu, who took … Read more