Business News

Business

HDFC Bank Launches Revolutionary GenAI Platform to Transform Digital Banking Experience

HDFC Bank introduces a groundbreaking GenAI platform, moving from experimentation to structured deployment with over 15 lighthouse programmes aimed at enhancing operations, product...

Business

Japan's E5 Shinkansen Trains to Pioneer Trial Runs for India's Ambitious Bullet Train Project by FY26-27

India's Ahmedabad-Mumbai bullet train project will see trial runs using Japan's E5 Shinkansen trains by FY26-27, with plans to introduce advanced E10 variants by 2030, marking a mi...

Business

India's Economic Boom: Goldman Sachs Predicts $10 Trillion GDP and $0.5 Trillion from GCCs in a Decade

Goldman Sachs predicts India's economy to reach $10 trillion in 10 years, with GCCs adding $0.5 trillion. The sector could employ 20-25 million, leveraging India's STEM talent and ...

Business

HCLTech Q1 FY26 Results: A 9.7% Drop in Net Profit Amid Rising Revenues and Strategic AI Investments

HCL Technologies reports a 9.7% drop in Q1 FY26 net profit to Rs 3,843 crore, with revenues up 8.1% to Rs 30,349 crore. The company is investing in AI and restructuring for future ...

Business

Rupee Dips to 85.92 Against Dollar Amid FPI Outflows and Rising Oil Prices

The Indian rupee weakened to 85.92 against the US dollar, impacted by rising oil prices, a stronger dollar, and foreign fund outflows. The RBI's intervention limited losses, while ...

Business

Nabard Forecasts Agricultural Credit to Exceed Rs 32 Lakh Crore in FY26, Signaling Rural Growth

Nabard projects a 14% increase in agricultural credit to over Rs 32 lakh crore in FY26, emphasizing productivity and value chain financing. Nabventures plans a new fund focusing on...

Business

India Achieves Landmark 50% Clean Energy Capacity, Leading Global Climate Efforts

India has reached a pivotal moment in its energy sector, with non-fossil fuel sources now accounting for 50% of its power generation capacity. This milestone, achieved five years a...

Business

India's Wealth Management Sector Poised for Explosive Growth Amid HNI Surge, Jefferies Reports

India's wealth management sector is set for over 20% annual growth, driven by a surge in high-net-worth individuals. Jefferies highlights opportunities and challenges, including th...