A weaker quarter from Accenture and a cut in growth guidance have raised concerns about delayed client spending and slower deal momentum for Indian IT companies heading into FY27.
The Nifty IT index slumped over 6 per cent after Accenture lowered its FY26 growth forecast and reported weaker bookings, triggering a broad-based sell-off in Indian technology stocks led by Infosys and TCS.
The National Stock Exchange (NSE) filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Wednesday, June 17, according to official documents.
The Memorandum of Understanding (MoU) under the Government of India's scheme for replacement of old trucks and buses in the Delhi–NCR region was signed on Thursday between the Ministry of Road Transport and Highways (MoRTH) and Tata Motors.
The Government of India has assured citizens that fuel availability remains stable amid the evolving situation in West Asia, with refineries operating at high capacity and adequate stocks of petrol, diesel and LPG maintained across the country.
US President Donald Trump’s recent executive order imposing a 50 per cent tariff on Indian imports for India’s purchase of Russian oil threatens to unravel decades of carefully nurtured US-India strategic ties with this punitive approach risking alienating India, a democratic powerhouse and key ally in countering terrorism and balancing China’s influence in the Indo-Pacific, according to an article.
Reserve Bank of India (RBI) Governor Sanjay Malhotra described the global environment as uncertain, citing trade disruptions and geopolitical tensions, and said, “We are now at a critical juncture”.
As per the statement released by company’s spokesperson, the action by Bank of India to classify the loan account of Reliance Communications Limited (RCom) along with Anil Ambani, pertains to matters dating back more than 10 years, as per disclosures and records available in the public domain.
Buyers of gold and silver got some relief this week as prices edged lower in the domestic market.
The Confederation of Indian Industry (CII) released a landmark policy report titled “Policies for a Competitive India”, outlining more than 250 reform recommendations across 14 critical areas aimed at accelerating India’s transformation into a globally competitive economy.
