New Delhi, July 28 (IANS) Cheaper artificial intelligence (AI) models from China could trigger massive capital destruction in the US stock market as investors begin to question the returns on the massive AI investments made by American technology giants, Jefferies' Global Head of Equity Strategy Christopher Wood has warned.
Ahmedabad, July 28 (IANS) Adani Group-backed Ambuja Cements Ltd on Tuesday reported a strong operational performance for the first quarter of FY27, driven by higher trade sales, premiumisation and cost optimisation, while reaffirming its plan to expand cement manufacturing capacity to 119 million tonnes per annum (MTPA) by the end of the fiscal.
New Delhi, July 28 (IANS) Finance Minister Nirmala Sitharaman honoured winners of the ‘NDTV Profit Business Leadership Awards 2026,’ who were selected through a rigorous evaluation process by a distinguished jury chaired by Sunil Bharti Mittal, Founder and Chairman, Bharti Enterprises.
New Delhi, July 28 (IANS) Pakistan's inflation challenge cannot be addressed through interest rate policy alone, as the underlying problem lies in the allocation of credit rather than the expansion of money supply, according to a recent economic analysis comparing the country's monetary system with China's.
New Delhi, July 28 (IANS) India’s textile and apparel exports, including handicrafts, increased from Rs 2,97,004 crore in 2023–24 to Rs 3,25,339 crore in 2025–26, registering a compound annual growth rate (CAGR) growth of 4.7 per cent during the period, the Parliament was informed on Tuesday.
New Delhi, July 28 (IANS) Electric vehicle (EV) maker Tesla on Tuesday said that it expanded its after-sales network in India by opening its first approved body shop in Pune, Maharashtra.
New Delhi, July 28 (IANS) China’s industrial profits climbed 15.1 per cent in June from the previous year, data from the National Bureau of Statistics (NBS) showed, pointing to a two‑month slowdown as easing energy costs trimmed the price gains that helped drive a rebound earlier this year, a new report has said.
New Delhi, July 28 (IANS) India's telecom sector continued to expand in June 2026, with the total telephone subscriber base increasing to 1.348 billion from 1.343 billion in May, registering a monthly growth rate of 0.37 per cent, according to the latest telecom subscription data released by the Telecom Regulatory Authority of India (TRAI) on Tuesday.
New Delhi, July 28 (IANS) The debate surrounding the China-Pakistan Economic Corridor (CPEC) has become trapped between two extremes. One side portrays it as a transformational success that modernised Pakistan’s infrastructure and the other treats it as the source of many of the country’s current economic difficulties. Both perspectives miss the larger lesson, according to a new report.
New Delhi, July 28 (IANS) India's private SpaceTech ecosystem has raised a record $871 million across 241 funding rounds through July 2026, driven by policy reforms that opened the sector to private participation and attracted institutional capital, according to a report released on Tuesday.
