Rajesh Nambiar Nasscom president Nasscom President Rajesh Nambiar has strongly dismissed fears that AI tools will eliminate technology services jobs, despite market concerns wiping out $50 billion from Indian IT companies’ market value since 2025. He emphasizes that large enterprises’ complex technology needs and regulatory requirements make IT services essential, even as AI adoption grows.“Concerns…
IT stocks have taken a massive hit, losing over Rs 6 lakh crore in market value across eight sessions, with the Nifty IT index dropping more than 8 per cent. The sell-off stems from fears that AI could automate core IT services like application development, maintenance, and testing – the backbone of Indian IT companies’…
There are several changes in the draft income tax rules that impact the way you pay income tax. (AI image) Draft Income Tax Rules 2026: The Income Tax Department has released a new set of draft income tax rules, which once finalised, will be applicable for financial year 2026-27. There are several changes in the…
India plans to unveil a new “rail tech” policy in the coming weeks to boost domestic manufacturing of next-generation railway technology and equipment. Under the proposed framework, the Railway Board is expected to offer partial funding, technical support, and access to testing facilities to manufacturers. The policy is part of the government’s rail modernisation drive…
BENGALURU: India has emerged as the second-largest market for Claude, reflecting the country’s rapidly expanding AI ecosystem and technically sophisticated developer base. Nearly half of Claude usage in India centers on computer and mathematical tasks, including building applications, modernizing legacy systems, and deploying production-grade software—underscoring the depth of engineering engagement across the market.Anthropic has also…
India’s exports to the US also fell by 21.77% to $6.6 billion in January, largely due to the 50% tariffs imposed by the Donald Trump administration. (AI image) India’s merchandise exports grew marginally in January to $36.56 billion, up 0.61%. On the other hand, imports rose sharply by 19.2% to $71.24 billion, compared to $59.77…
Franklin Templeton India (Image/Website) Franklin Templeton India’s latest SIP performance factsheet for January 2026 highlights steady growth in its Systematic Investment Plan (SIP) book, alongside strong long-term performance across several equity mutual fund schemes.The fund house reported resilient SIP inflows during the month, with the number of active SIP accounts also rising, reflecting continued retail…
Almost ten years after the RERA Act, 2016 attention is increasingly moving from developers to the functioning of the regulator itself. (AI image) The Real Estate Regulatory Authority or RERA is in focus again. Recently, the Supreme Court made blunt observations about the role of RERA and its importance. The apex court remarked that the…
Indian real estate companies are rushing to raise around $3.3 billion through IPOs this year. This surge in public offerings comes as developers gain confidence in urban growth and housing demand, with more than half a dozen firms preparing to go public, as reported by Bloomberg.n comparison, the entire property sector, including developers and REITs,…
Gold prices eased by Rs 589 to Rs 1.55 lakh per 10 grams in the futures trade on Monday, tracking weakness in international markets.On the Multi Commodity Exchange (MCX), gold contracts for April delivery fell Rs 589, or 0.38 per cent, to Rs 1,55,306 per 10 grams in a business turnover of 7,695 lots.In global…