
At the CII Annual Business Summit 2026, Uday Kotak cautioned that India has not yet fully felt the impact of global oil price shocks. He warned that rising geopolitical tensions could push crude prices higher, fueling inflation, weakening the rupee, and increasing pressure on household budgets and the broader economy.
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At the CII Annual Business Summit 2026, Uday Kotak cautioned that India has not yet fully felt the impact of global oil price shocks. He warned that rising geopolitical tensions could push crude prices higher, fueling inflation, weakening the rupee, and increasing pressure on household budgets and the broader economy.

Anthropic has agreed to purchase 30 billion dollars worth of computing capacity from Microsoft Azure.

The Memorandum of Understanding (MoU) was signed during the World Food India 2025 event.

The campaign will continue until October 1, with fresh booking slots opening daily at special Muhurat times.

The contract, pegged at €4.22 million, will be spread over five years and covers cloud hosting, software licensing and implementation services.

Under the terms, Mastercard will incentivise Zaggle to drive adoption and usage of the co-branded cards.

The Indian stock market witnessed a sharp selloff on May 29, 2026, as weak monsoon forecasts, continued FII selling, geopolitical uncertainty surrounding the US-Iran peace deal, and late-session profit booking dragged benchmark indices sharply lower. Sensex fell over 1,092 points, while Nifty declined 1.5%, with IT emerging as the only sectoral gainer amid broad-based weakness across the market.

MSCI's latest index rebalancing is expected to drive significant passive fund flows across Indian equities. Federal Bank, MCX, NALCO and Indian Bank emerge as key beneficiaries, while Hyundai Motor India, Jubilant FoodWorks, Kalyan Jewellers and RVNL face selling pressure due to exclusions.

Benchmark indices ended range-bound on May 27, 2026, with Nifty and Sensex closing marginally lower amid profit booking, geopolitical concerns, and weakness in financial stocks led by HDFC Bank. Strong gains in metal, media, energy, and auto stocks helped limit market losses despite cautious investor sentiment.

Taiwan has surpassed India in stock market capitalization, driven by the AI-led surge in semiconductor giant TSMC. Investors are increasingly favoring chip manufacturing economies like Taiwan and South Korea over broader consumption-driven emerging markets.

The Indian stock market witnessed a sharp selloff on May 29, 2026, as weak monsoon forecasts, continued FII selling, geopolitical uncertainty surrounding the US-Iran peace deal, and late-session profit booking dragged benchmark indices sharply lower. Sensex fell over 1,092 points, while Nifty declined 1.5%, with IT emerging as the only sectoral gainer amid broad-based weakness across the market.

MSCI's latest index rebalancing is expected to drive significant passive fund flows across Indian equities. Federal Bank, MCX, NALCO and Indian Bank emerge as key beneficiaries, while Hyundai Motor India, Jubilant FoodWorks, Kalyan Jewellers and RVNL face selling pressure due to exclusions.

Benchmark indices ended range-bound on May 27, 2026, with Nifty and Sensex closing marginally lower amid profit booking, geopolitical concerns, and weakness in financial stocks led by HDFC Bank. Strong gains in metal, media, energy, and auto stocks helped limit market losses despite cautious investor sentiment.

Taiwan has surpassed India in stock market capitalization, driven by the AI-led surge in semiconductor giant TSMC. Investors are increasingly favoring chip manufacturing economies like Taiwan and South Korea over broader consumption-driven emerging markets.
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