New Delhi, March 17 (IANS) The disruption in the global oil market triggered by the ongoing Iran war, which has engulfed the entire Middle East, is poised to have a greater impact on products such as jet fuel and diesel than on crude, according to a Goldman Sachs Group report.
New Delhi, March 17 (IANS) IT stocks came under selling pressure on Tuesday, emerging as the top dragger among sectoral indices amid rising concerns over the impact of generative artificial intelligence on traditional revenue streams.
New Delhi, March 17 (IANS) India’s services sector, now contributing about $2.2 trillion to gross domestic product (GDP), is expected to grow to about $6 trillion by 2035, implying a compound annual growth rate (CAGR) of about 10.6 per cent, a report said on Tuesday.
New Delhi, March 17 (IANS) India is emerging as one of the most proactive markets globally in adopting artificial intelligence (AI) into payroll processes, with 34 per cent of Indian organisations planning near‑term AI implementation, a report said on Tuesday.
New Delhi, March 17 (IANS) Major chipmaker Nvidia made a series of announcements at its annual GTC event, with CEO Jensen Huang saying that the company could generate up to $1 trillion in revenue from AI chips alone by 2027 amid the ongoing rapid growth in artificial intelligence industry.
New Delhi, March 17 (IANS) Gold and silver prices rose on Tuesday ahead of the US Federal Reserve’s policy meeting, with both precious metals gaining in early trade amid cautious investor sentiment.
Bengaluru, March 17 (IANS) India’s office market is poised to sustain its growth trajectory this year, with Grade A demand projected at 70-75 million square feet and new supply at 60-65 million square feet, a report showed on Tuesday.
New Delhi, March 17 (IANS) Crude oil prices climbed nearly 3 per cent on Tuesday, rebounding from the previous session’s losses as renewed concerns over supply emerged amid disruptions in the Strait of Hormuz.
Mumbai, March 17 (IANS) Domestic equity benchmarks opened higher for the second consecutive session on Tuesday, tracking positive cues from the Asian and US markets, but soon turned volatile amid ongoing West Asia tensions.
Seoul, March 17 (IANS) The US government has confirmed that global electric vehicle (EV) giant Tesla was the customer in a battery supply deal secured by LG Energy Solution in July, industry sources said.
