Business

[ad_1] IT firm LTIMindtree, achieved a major milestone in its history on Monday, signing a seven year deal valued at $450 million with a global agribusiness company. The company refrained from naming the client but described the agreement as its largest ever.Under the deal, LTIMindtree will utilise an AI-driven operating model to provide application management,…

[ad_1] India has gained the top spot for both manufacturing and services activity globally, according to JP Morgan’s latest purchasing Managers’ Index (PMI) report for April 2025.The manufacturing PMI stood at a strong 58.2, with an even higher services PMI even higher at 58.7, pulling the strongest readings across both developed and emerging markets.PMI trends…

[ad_1] The temporary suspension of operations, was earlier supposed to last until 05:29 hours of May 15. (AI image) India-Pakistan ceasefire impact on air travel: The government has decided to lift the Notices to Airmen (NOTAMs) for several airports across north and north-western India that had been temporarily closed for civilian flights till May 15.The…

[ad_1] Gold prices remained volatile throughout last week, influenced by a mix of economic signals. (AI image) Gold price prediction today: What’s the outlook for goldprices in the week starting May 12, 2025? Gold prices have experienced recent declines following their historic peak levels. Investors interested in gold should monitor international indicators and develop appropriate…

[ad_1] Nomura has maintained its buy rating on CG Powerbut has cut the target price to Rs 825 from Rs 900 earlier. Analysts said that while the company beat analysts’ estimates on inflows, its railway business dragged down its margin. They feel demand tailwinds are intact for power systems.However, the company is gaining market share…

[ad_1] Saudi Arabia’s oil giant, Aramco, has reported a 4.6% decline in its first-quarter profits, weighed down by falling global oil prices, which have pressurised the country’s ambitious multi-trillion-dollar development plans.The company posted $26 billion in net profit for the quarter ending March against the $27.2 billion earned during the same period last year. However,…

[ad_1] India’s GDP is projected to grow at 6.5 per cent in the current fiscal year, with the economy resilient enough to withstand short-term geopolitical disruptions, CII President Sanjiv Puri has said. Speaking to PTI, he emphasised the need for India to strengthen its trade position by pursuing bilateral agreements, especially amid the rising trend…

[ad_1] The Indian stock market is expected to take cues from recent geopolitical developments, macroeconomic data releases, and corporate earnings this week, analysts said on Saturday.A key factor influencing investor sentiment will be the recent agreement between India and Pakistan to halt all military actions across land, air, and sea following days of intense cross-border…

[ad_1] Sebi has observed that individuals’ activity in index options within the derivatives segment has not declined as much as expected and may take further action after a deeper review, sources told news agency PTI.The capital markets regulator examined activity between December 2024 and March 2025 and found that although there has been a year-on-year…

[ad_1] India and the European Union (EU) will begin the 11th round of negotiations on the proposed Free Trade Agreement (FTA) from Monday, aiming to conclude the first phase of the pact as early as possible, a government official told news agency PTI.The discussions, scheduled to continue until May 16 in New Delhi, mark the…