- Is AI eating away IT jobs? Zoho's Sridhar Vembu blames ‘steep rise in server and memory prices’ for lack of jobs August 3, 2026Zoho's Sridhar Vembu sparked debate on impact of AI disruption on India's IT industry. Suggesting that AI is eating away IT jobs, he blamed ‘steep rise in server and memory prices’ for lack of jobs.
- NSE, Jio to launch mega listings in September; to lead India's second-half IPO revival August 3, 2026Mega IPOs from NSE and Jio Platforms are expected to revive India’s primary market, boosting investor sentiment and unlocking a packed pipeline of companies waiting to go public.
- How Satyaki Ghosh plans to restore Raymond Lifestyle to its former glory August 3, 2026Ghosh, who took the reins at Raymond Lifestyle in January, has earmarked FY27 as a year of consolidation, closing loss-making stores, streamlining operations and doubling down on premiumisation and casualisation before embarking on the company’s next phase of growth.
- Instant-help apps want to expand, but economics don't add up August 3, 2026Experts say Snabbit, Pronto and InstaHelp may need to raise prices to well above ₹200 an hour to make the instant-help model profitable beyond high-density neighbourhoods.
- AI disruption hits Wipro as Meta trims outsourcing engagement August 3, 2026In FY26, Wipro generated about $100 million in annual revenue from Meta, which is among the IT services company’s 20 largest accounts. Wipro is now expected to generate about $75 million in annual revenue from Meta after the social media company ended outsourcing for its digital marketing work.
- RBI MPC begins today as policymakers weigh inflation, crude risks August 3, 2026The Reserve Bank of India's Monetary Policy Committee begins its meeting this week. Market participants widely expect the benchmark repo rate to remain unchanged. Experts believe the central bank will focus on domestic inflation and growth. Global uncertainties and elevated crude oil prices are closely monitored. Future policy decisions will consider th […]
- Data centres draw 40% of institutional capital in the June quarter August 2, 2026Data centres are now the second-largest investment recipient, attracting substantial institutional capital. Rapid AI adoption and cloud expansion fuel investor interest in digital infrastructure assets. India's data centre capacity is projected to more than double by 2025. The current investment pipeline for data centres stands at approximately ninety b […]
- RBI special windows seen big enough to bring in $100B August 2, 2026India's new forex inflow programs may attract approximately one hundred billion dollars. These special drives have already mobilized over forty billion dollars in foreign exchange. Experts predict these initiatives could significantly exceed initial mobilization estimates. The Reserve Bank of India introduced these facilities to support the balance of p […]
- India, Canada aim to conclude CEPA trade pact by end-2026: MEA August 2, 2026India and Canada are working to finalize their economic partnership agreement. Negotiations for the Comprehensive Economic Partnership Agreement are progressing well. Both nations aim to conclude these important talks by the end of 2026. This agreement seeks to liberalize trade and strengthen economic cooperation between the two countries. Prime Minister Mod […]
- Govt's urban reset: Centre divides ministry of Housing and Urban Affairs into two specialised verticals August 2, 2026The Ministry of Housing and Urban Affairs has undergone a significant structural overhaul. Senior bureaucrats were replaced and new leadership appointed to spearhead its flagship missions. The ministry was split into two specialized departments, focusing on capital development and urban development. This administrative revamp aims to streamline service deliv […]
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