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…
MUMBAI: More than half of young Indians, in the age group 24 to 34, who buy health insurance drop out within the first three years, exposing a structural weakness in policy retention.According to a Niva Bupa health insurance survey, 55% of policyholders in the age group who let policies lapse do so within three years…
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,…
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…
MUMBAI: The fragile nature of the West Asia peace talks took its toll on investor sentiment in the markets on Wednesday with a reversal of sensex’s three-session winning run, and the index closed 757 points lower at 78,516 points. Rising crude oil prices didn’t help, and the weakness of the rupee continued to weigh on…
MUMBAI: The minutes of the April meeting of the Monetary Policy Committee (MPC) reveal a panel that was deeply concerned about the downside risks to growth emanating from the West Asia conflict, even as it remained uniformly confident about the resilience of India’s macro fundamentals leading to the unanimous decision to hold rates.Governor Sanjay Malhotra…
If you’re planning a bank visit or tracking market activity on April 23, it’s worth checking what’s open and what’s not, as the states of Tamil Nadu and West Bengal go to polls. Being aware of banking and stock market holidays can help consumers and traders plan their financial activity in advance. In India, bank…
Oil prices slipped slightly on Thursday after strong gains in the previous session, as investors weighed stalled peace talks between Iran and the United States and ongoing restrictions on key shipping routes, including the Strait of Hormuz.Brent crude futures fell 15 cents to $101.76 a barrel, after crossing the $100 mark for the first time…
Top stocks to buy (AI image) Top stock market recommendations: AJAX Engineering, ELGI Equipments, and KFin Technologies have been picked as the top stocks to buy on April 23, 2026, by Aakash K Hindocha, Deputy Vice President – WM Research of Nuvama Professional Clients Group. The analyst has also shared his outlook for both Nifty,…
MUMBAI: Even as it contends with slow sales and stiff competition from rivals, Elon Musk’s Tesla is expanding into India with a new product launch and wider coverage of its service centres and charging stations in the country. On Wednesday, the electric vehicle (EV) giant launched its six seater Model Y L variant in India,…
