Business News: Economy & Markets

AI firms invest 4 times more in core capabilities, leaders see 39 pc returns: Report

IANS | April 20, 2026 1:30 PM

New Delhi, April 20 (IANS) Technology companies with successful artificial intelligence (AI) initiatives invest up to four times more in core capabilities such as data quality, governance, AI-ready talent and change management, even as only 39 per cent of technology leaders are confident of seeing positive financial returns from their AI investments, a report said on Monday.

India’s retail deal volumes rise 21 pc in Q1; value at $1.5 bn: Report

IANS | April 20, 2026 1:10 PM

New Delhi, April 20 (IANS) The domestic retail industry witnessed 146 deals worth $1.5 billion in the first quarter of 2026, including one public market transaction, indicating a recovery in volumes alongside a sharp moderation in values, a report said on Monday.

BFSI GCCs in India offer up to 2.5-fold salary premiums due to AI, data skills gap: Report

IANS | April 20, 2026 12:13 PM

New Delhi, April 20 (IANS) Indian employees are offered 1.5-times to 2.5-times salary premiums in banking, financial services and insurance (BFSI) GCCs as they are grappling with a 42 per cent skill gap in AI and data roles, a report said on Monday.

RBI opens premature redemption window for sovereign gold bond 2020-21 series VII

IANS | April 20, 2026 11:45 AM

New Delhi, April 20 (IANS) The Reserve Bank of India has opened a premature redemption window for holders of Sovereign Gold Bond (SGB) 2020-21 Series VII, with Monday set as the exit date, offering investors returns exceeding 200 per cent on their original investment.

Rupee rises by 10 paise as crude rallies; precious metals fall nearly 2 pc

IANS | April 20, 2026 11:15 AM

Mumbai, April 20 (IANS) The Indian rupee gained 10 paise on Monday, opening at 92.83 against the US dollar, buoyed by a significant decline in crude oil prices, optimism around easing geopolitical tensions, and supportive measures from the Reserve Bank of India (RBI).

MCX plans up to Rs 100 crore investment in coal exchange venture after SEBI nod

IANS | April 20, 2026 10:40 AM

Mumbai, April 20 (IANS) The Multi Commodity Exchange of India Limited (MCX) on Monday said it has received approval from market regulator the Securities and Exchange Board of India (SEBI) to invest in a proposed coal exchange, marking its entry into the segment.

Office absorption in India up by 20 pc in Jan-March amid rapid GCC expansion

IANS | April 20, 2026 10:00 AM

New Delhi, April 20 (IANS) Despite a slowdown in new completions, office absorption increased by 20 per cent to 21.53 million square feet in Q1 2026 (January-March quarter) compared to the same period last year, highlighting sustained occupier demand amid the West Asia conflict and global macroeconomic challenges, a report showed on Monday.

Crude oil prices near $100 as Iran tightens Hormuz control, ceasefire doubts rise

IANS | April 20, 2026 9:57 AM

Mumbai, April 20 (IANS) Global crude oil prices rebounded on Monday towards the $100 per barrel mark amid fresh escalations in the West Asia conflict.

Sensex, Nifty slip in early trade amid fresh West Asia jitters

IANS | April 20, 2026 9:32 AM

Mumbai, April 20 (IANS) Domestic equity benchmarks traded in negative territory early on Monday over fresh US-Iran conflict in the Strait of Hormuz, despite positive cues from global markets and positive earnings from banking firms.

Lee pledges coordination with India on efforts to reopen Strait of Hormuz

IANS | April 20, 2026 9:07 AM

New Delhi, April 20 (IANS) President Lee Jae Myung stressed the need for South Korea and India to work together to ensure safe passage through the Strait of Hormuz in an interview published on Monday, also highlighting the need for joint efforts to stabilise global supply chains.

business

AI firms invest 4 times more in core capabilities, leaders see 39 pc returns: Report

India’s retail deal volumes rise 21 pc in Q1; value at $1.5 bn: Report

BFSI GCCs in India offer up to 2.5-fold salary premiums due to AI, data skills gap: Report

RBI opens premature redemption window for sovereign gold bond 2020-21 series VII

Rupee rises by 10 paise as crude rallies; precious metals fall nearly 2 pc

MCX plans up to Rs 100 crore investment in coal exchange venture after SEBI nod

Office absorption in India up by 20 pc in Jan-March amid rapid GCC expansion

Crude oil prices near $100 as Iran tightens Hormuz control, ceasefire doubts rise

Sensex, Nifty slip in early trade amid fresh West Asia jitters

Lee pledges coordination with India on efforts to reopen Strait of Hormuz

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