At a time when many technology companies are cutting jobs, slowing recruitment and reducing sponsorship of foreign workers, Nvidia appears to be moving in the opposite direction. The artificial intelligence chip giant has continued to aggressively hire overseas talent through the H-1B visa programme.Federal filings show Nvidia secured certification for around 1,200 H-1B positions during…
“Indian equity markets are expected to open on a negative note, with Gift Nifty trading at 23,260, down by 180 points. Asia-Pacific equities traded mixed in early trade following a volatile session on Wall Street, as strength in technology stocks was offset by persistent geopolitical uncertainties. In the previous session, The Nifty 50 remained under…
South Korea’s stock market has overtaken India to become the world’s sixth-largest equity market by value. (AI image) In yet another setback, South Korea’s stock market has overtaken India to become the world’s sixth-largest equity market by value. Last week, India was overtaken by Taiwan to become the fifth largest stock market. Within a week,…
Morgan Stanley maintained its overweight rating on Reliance Industries with the target price at Rs 1,803. Analysts said RIL is deploying $15 billion annual operating cash flows with shorter monetisation cycles now the new norm. New energy and AI infrastructure flagged as key value drivers funded by existing businesses. Kutch land assets of 550,000 acres…
NEW DELHI: India and Oman rolled out a free trade agreement on Monday, with first set of consignments being shipped at concessional or zero rates, as New Delhi offered a food security pact to further cement ties with the Gulf Nation.Amid the West Asia conflict, which has disrupted supplies, Oman’s foreign trade advisor Pankaj Khimji…
NEW DELHI: Growth in GST collections slowed to 3.2% in May with the mop-up at Rs 1,94,184 crore on account of fall in revenue from domestic transactions. According to latest available data in May — based on transactions in April — GST from domestic sources was down 2.6% to Rs 1,34,530 crore.Govt, however, attributed it…
NEW DELHI: Industrial production growth slowed to 4.9% in April 2026 from 5.7% a year earlier on account of a contraction in mining and quarrying and slowdown in other sectors. The statistics ministry Monday released the new IIP series, with 2022-23 as the base year (from 2011-12), updating the methodology and broadening the coverage of…
Artificial intelligence company Anthropic has taken a major step towards a public market debut, announcing that it has confidentially filed paperwork with the US Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO), AP reported.The company said the filing gives it the option to go public after the SEC completes its review…
Market regulator Sebi on Monday proposed allowing Infrastructure Investment Trusts (InvITs) in the roads sector to add back certain major maintenance expenses funded through external debt while calculating Net Distributable Cash Flow (NDCF), a move aimed at addressing industry concerns over lower distributable cash.The proposal follows representations from the Bharat InvITs Association (BIA), which sought…
India should recast its growth strategy to cope with unanticipated economic shocks and cover India’s strategic vulnerabilities. (AI image) Led by a growing domestic demand and a favourable demographic dividend, the Indian economy and its growth story have been called fundamentally strong by economists. But short-term global economic shocks, like the ongoing Middle East conflict,…