The Nifty IT index plunged 19.5% in February, marking its steepest monthly decline in 17 years, as mounting fears of artificial intelligence-led disruption triggered heavy selling across technology services stocks.The fall is the sharpest since September 2008, when the index had dropped nearly 21% during the global financial crisis. The index declined in 12 of…
UAE Food Stock Update: Are Supermarkets Running Out Amid Iran–US-Israel Tensions? Amid escalating geopolitical tensions in West Asia, including recent missile exchanges involving Iran, the United States and Israel that rattled Gulf cities and triggered regional alerts, the United Arab Emirates has reassured the public that its markets remain stable and strategic food reserves are…
Photo credit- PTI Prime Minister Narendra Modi inaugurated Micron Technology’s semiconductor facility at Sanand in Gujarat, asserting that India is now expanding its global identity beyond software into hardware manufacturing as it seeks a larger role in the global semiconductor value chain.The US-based company’s ATMP (Assembly, Testing, Marking and Packaging) plant, the first such facility…
Indian exporters have flagged fresh concerns over logistics disruptions and rising costs after the US and Israel launched strikes on Iran, triggering retaliatory attacks and escalating tensions across the Middle East.Industry bodies said prolonged instability in the region could disrupt key shipping corridors, push up marine insurance premiums and increase transportation costs, affecting outbound shipments…
Pakistan were eliminated from the T20 World Cup on Saturday despite a five-run win over Sri Lanka in their Super Eights match, as New Zealand progressed to the semifinals on the basis of a superior net run rate.Pakistan needed to hold Sri Lanka to 147 or fewer to move ahead of New Zealand in Group…
South Africa’s Kagiso Rabada, second right, celebrates with teammate Marco Jansen (AP Photo/Ajit Solanki) TimesofIndia.com in New Delhi: South Africa are the team to beat in the ongoing T20 World Cup. Except a nervous and edge-of-the-seat double Super Over against Afghanistan, they have highlighted their credentials with win versus title favourites and defending champions India….
India’s role in the global semiconductor supply chain is “essential” as other countries in the neighbourhood seek to dominate legacy chip production, US Ambassador to India Sergio Gor said on Saturday at the inauguration of Micron Technology’s semiconductor facility in Sanand, Gujarat.Speaking at the event where Prime Minister Narendra Modi inaugurated the US-based company’s ATMP…
Photo credit: X/@dcciofficial The Union sports ministry has asked the Differently Abled Cricket Council of India (DCCI) to stop using the words “India” or “Indian” in its name and activities, stating that the body is not recognised as a National Sports Federation (NSF).In a communication to DCCI secretary Ravi Kant Chauhan, the ministry said that…
Auqib Nabi’s family members watch Ranji Trophy final (TOI Photo) BARAMULLA: Some 40 km west of Uri, close to the Line of Control, sits Sheeri village. Along the Jhelum Valley road, north west of Srinagar. There, a narrow lane off the main road takes you to the home of cricketer Auqib Nabi Dar. It is…
Global financial markets are preparing for heightened volatility after the United States and Israel carried out strikes on Iran, triggering fears of wider conflict in the Middle East and potential disruptions to global energy supplies, Reuters reported. Tehran retaliated by launching missiles towards Israel, intensifying concerns among investors and oil producers across the region.President Donald…