Thursday, August 20, 2026

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Global AI capex nears $700 billion as investor appetite for tech IPOs stays strong: Citi

Global spending on artificial intelligence (AI) infrastructure is accelerating rapidly, with projected capex by the world’s largest hyperscalers jumping from about $400 billion earlier...

BofA sees FY27 earnings growth slowing to 8.5%; capex outlook stays strong

BofA Global Research expects India Inc’s earnings growth to remain much weaker than broader market expectations in 2026-27 (FY27), as companies face pressure from...

Trump tempers expectations of Iran deal as US blockade stays in place

US President Donald Trump tempered expectations of a Middle East deal by saying on Sunday he had told his negotiators not to "rush," even...

SC stays ₹890 crore GST demand against Tata Steel in ITC dispute

The Supreme Court of India has stayed further proceedings in a GST input tax credit (ITC) matter involving a tax demand of ₹890.52 crore...

Sanghvi Movers Q4 profit jumps 28% as demand for cranes and wind projects stays strong

Sanghvi Movers Ltdreported a 27.8% year-on-year rise in consolidated net profit for the fourth quarter ended March 2026 at ₹68.8 crore, compared with ₹53.8...

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ICICI Pru AMC’s Lalit Kumar bets on steel, textiles & manufacturing exporters; cautious on hospitals

Lalit Kumar, Senior Fund Manager at ICICI Prudential AMC,...

India’s income growth is lagging consumption, says CLSA; GDP seen easing to 6% in FY27

India's household income growth is not keeping pace with...

India’s new PNG incentive scheme from Sept 1: How will households benefit

The government has approved an incentive scheme to accelerate...

Piyush Goyal meets German delegation, eyes deeper ties in AI, clean energy and manufacturing

Commerce and Industry Minister Piyush Goyal met ministers and...

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