Author: V. Alure

Gold’s fragile hold on $5,000 an ounce gave way to selling on Tuesday. Source link #Gold #prices #tumble #China #holidays #dent #support

Image source: Getty Images The FTSE 100 has surged recently. Earlier this year, it hit 10,000 for the first time ever. Could the large-cap index go on to hit 11,000 this year? I think it’s possible – here’s why. The investment environment is changing For much of the last decade, the FTSE 100 has struggled. Because investors have been mainly focused on technology and growth stocks (particularly in the US). The Footsie mainly consists of ‘old economy’ companies like banks, insurers, oil companies, miners, and consumer goods businesses. So it has been ignored by a lot of investors. However recently,…

Joseph Anantharaju, Co-Chairman and CEO of Happiest Minds Technologies, said artificial intelligence (AI) adoption is pushing clients to reassess technology strategies and pricing structures, with IT firms also becoming open to flexible commercial models, including revenue sharing and outcome-based pricing.On AI partnerships and deal structures, Anantharaju said, “We would be willing to go down revenue sharing as well as outcome-based models with our customers, if the construct makes sense.” He said traditional IT pricing models include people-based billing, fixed price projects and outcome-based pricing, with outcome-based models currently forming a smaller share. However, he said AI-driven productivity gains could accelerate…

At the very moment India’s Adani Group was accused in 2023 of manipulating its public valuation to extreme highs, two of the conglomerate’s close associates secretly held billions of dollars’ worth of shares in its listed companies, bank documents indicate. A memo to executives at Italy’s largest bank, Intesa Sanpaolo, sets out the conclusions of an internal investigation into clients associated with Adani Group after US short seller Hindenburg Research accused the group of “brazen stock manipulation”.The memo and other bank documents shared with the FT by the Organized Crime and Corruption Reporting Project, a network of investigative journalists, shed new…

The recent collaboration between Infosys and US-based AI startup Anthropic has sparked excitement on the Street, but industry experts urge investors to separate hype from long-term fundamentals.Speaking on ET Now, Sumit Pokharna from Kotak Securities described the partnership as “a step in the right direction” and “the need of the hour.” He explained, “The goal of this partnership is to help companies in complex and regulated industries use AI safely. Industries like telecommunications, banking, insurance, manufacturing, and software development cannot experiment freely with AI. They need governance, transparency, compliance, reliability, and security.”On whether larger IT companies would have an advantage…

Bill Gates, chair of the Gates Foundation, will attend the India AI Impact Summit in New Delhi and deliver his keynote address as scheduled, a spokesperson for the foundation said on Tuesday (17 February), dismissing reports that he would skip the event.Bill Gates is listed among the technology executives, industry leaders, policymakers, founders and technologists on the summit’s official website, with the event set to run from February 16 to 20. However, his name was not visible on the website on Tuesday, fuelling speculation about his participation.Earlier in the day multiple media reports had claimed Bill Gates would not be…

Sensorion CEO Nawal Ouzren steps down for personal reasons Source link #Sensorion #CEO #Nawal #Ouzren #steps #personal #reasons

Kotak Institutional Securities believes Indian equities could see a gradual upward trend over the next few months after a prolonged period of stagnation, supported by an improving earnings outlook, though high valuations—especially in consumption-linked pockets—may limit the pace of gains. Kotak’s note said that the December quarter (Q3FY26) results were largely decent, with strong growth in revenues and earnings across consumption sectors, which bodes well for FY2027E. Earnings: Key accelerator for markets  The brokerage anticipates FY2027E and FY2028E net profits of the Nifty50 Index to grow 16 per cent and 15 per cent after a muted 8 per cent…

The recent surge in select public sector stocks has sparked fresh debate about whether the rally is sustainable or merely a short-term burst driven by liquidity. While defence and power continue to draw interest, experts remain cautious on oil and gas and structurally wary of long-term prospects in IT.A sharp move in Engineers India has been one of the talking points, with the stock posting strong gains over consecutive sessions. Market expert Dharmesh Kant from Cholamandalam Securities noted that the recent action appears more technical than fundamental.“This is just some MNC brokerage report and some buying. Small buying can spurt…

The way we teach students, from classroom structures to teaching methods and standardized instruction, has not changed much over human history. Despite schools, colleges and mass education becoming more important for social cohesion and economic development than ever, teaching has stayed remarkably consistent even as other sectors and institutions have been transformed by computers and smartphones. But now it’s the classroom’s turn to be revolutionized, driven by rapid advances in artificial intelligence. This transformation has the potential to reshape education as profoundly as the internet reshaped entire industries. If properly deployed, AI-powered education tools could deliver high-quality, personalized learning at…