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Posted in Economy

Centre hikes raw jute MSP to Rs 5,925 for 2026-27 season

New Delhi: The Union Cabinet on Tuesday approved a hike in the Minimum Support Price (MSP) of raw jute by Rs 275 to Rs 5,925…

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The Indian IT industry is expected to add 135,000 jobs on a net basis, taking the total headcount to 5.95 million in FY26, Nasscom says. (Reuters)
Posted in Business

Indian IT set clock high single-digit growth in FY26 despite AI threat| Business News

India’s IT sector is expected to grow in the high single digits in the ongoing fiscal and the next, even as AI threatens to structurally…

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Livspace CBO Lalit Mittal quits amid layoffs, cofounder exit
Posted in Startups

Livspace CBO Lalit Mittal quits amid layoffs, cofounder exit

Home decor startup Livspace’s chief business officer (CBO) Lalit Mittal has left the firm following cofounder Saurabh Jain’s exit. “We can confirm that Lalit Mittal,…

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The Bombay Stock Exchange building on Dalal Street in Mumbai. (Bloomberg/File)
Posted in Business

Why were IT stocks down today? Fears of AI-led disruption behind Sensex, Nifty drop| India News

IT stocks were among the laggards in the Sensex and Nifty drop on Tuesday, a slump of nearly one per cent in early trade that…

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In November, the International Monetary Fund raised concerns over weaknesses in India's national accounts methodology. (HT)
Posted in Business

India to overhaul GDP data for a clearer picture of the state of the economy| Business News

India is set to overhaul how it calculates real GDP growth under a revised national accounts series due to launch this week, the country’s top…

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Intel delivered a performance leap with its newest Core Ultra Series 3 chips, dubbed Panther Lake. (Official image)
Posted in Business

Panther Lake delivers Intel’s biggest generational chip leap in years| Business News

Stakes are high, not just for Intel, but also for every PC maker in the Windows ecosystem, as it battles not just a factual but…

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Indian textile exporter Gokaldas expects margin lift after US trade deal

Indian textile maker Gokaldas Exports , a supplier to Walmart, sees pressure on its core earnings margins easing in fiscal 2027 as lower U.S. tariffs…

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Graphics platform Canva acquires video ad startup Mango AI and animation company Cavalry
Posted in Startups

Graphics platform Canva acquires video ad startup Mango AI and animation company Cavalry

Canva, a graphic design and visual communication platform, on Tuesday announced the acquisition of UK-based 2D animation software company Cavalry and American video ad startup…

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Nidhi Chhibber takes additional charge as NITI Aayog CEO as BVR Subrahmanyam tenure ends today

Nidhi Chhibber, Director General of the Development Monitoring and Evaluation Office, has been given additional charge as Chief Executive Officer of NITI Aayog following the…

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Posted in Economy

India’s GDP growth likely at 8.1% in Q3FY26 amid domestic demand boost: SBI report

New Delhi: India’s economy is expected to maintain strong growth momentum, with GDP projected to expand by around 8.1 per cent in the third quarter…

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