Daily trending news …
EIL reports robust half-year results with a notable ROE and revenue growth, alongside expansion plans including potential mergers to strengthen market position and long-term profitability. The company plans to broaden its tobacco product portfolio and extend its international footprint, supported by increased debt capacity approvals.
HCL is set to expand its presence at the Ilandaikulam ELCOT IT Park. Additional 2.41 acres allocated to build Around 1.5 lakh sq.ft workspace, 1,500+ employment opportunities expected over the next 3 years.
Cognizant Technology Solutions has announced a 100% bonus payout for 2025 after achieving its internal “Winner’s Circle” benchmark two years ahead of schedule. The milestone reflects strong revenue growth, margin performance, and execution despite cautious client spending. With its AI investments beginning to deliver results, Cognizant has outperformed major global and Indian IT peers, offering ra
JP Morgan has reaffirmed its bullish outlook on gold, projecting prices to reach $6,300 per ounce by end-2026, driven by aggressive central bank buying and a global shift toward real assets. Despite extreme volatility and a historic sell-off, gold rebounded sharply on renewed safe-haven demand and a weaker dollar. Silver also staged a strong comeback, though analysts remain more cautious on its lo
The US Federal Reserve kept interest rates unchanged, choosing caution as it evaluates easing inflation and a still-tight labour market. Despite repeated calls from President Donald Trump for sharp rate cuts, the Fed maintained its benchmark rate within the expected range, reinforcing its policy independence. Chair Jerome Powell’s stance reflects concerns over persistent inflation, political press
Nvidia has strengthened its AI infrastructure push with a $2 billion investment in CoreWeave, driving a sharp rally in the cloud firm’s stock. At the same time, Microsoft unveiled its in-house Maia 200 AI chip, signalling a strategic move to reduce reliance on Nvidia GPUs. The twin developments highlight intensifying competition in AI hardware, reshaping cloud dominance, investor sentiment, and th
Zoho Corporation is expanding its office in Kumbakonam, a rural town in Tamil Nadu’s Thanjavur district, with a new campus set to open later in 2026 that can house up to 2,000 employees. This move supports development of its new Zoho ERP platform and follows the company’s hub-and-spoke model, pioneered in Tenkasi since 2011.
In 2025, the RBI slashed its gold buying by 94%, reaching an 8-year low of just 4.02 tonnes. the hidden logic lies in portfolio rebalancing, as gold now occupies a record 16% of India’s total forex reserves.
The article examines whether NPS Vatsalya, a pension scheme for minors, suits education funding, highlighting its liberal exit norms at age 18 but underscoring withdrawal restrictions that reduce its utility for timely education needs. It notes options like shifting to regular NPS Tier-I or exiting with 20% lump sum and 80% annuitized, plus full withdrawal for small corpuses
Tesla has launched its first structured internship programme in India, hiring sales interns across eight major cities including Chennai, Bengaluru and Mumbai. The hands-on role focuses on customer engagement, product awareness and EV education. Seen as an early step before Tesla’s official retail and manufacturing plans, the move offers students and young professionals a rare chance to gain experi
