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AI euphoria to end? Chris Wood warns mega IPOs, bond pressures may trigger tech correction
Jefferies strategist Christopher Wood has warned that the AI-driven stock rally may face a near-term correction amid rising bond yields, crowded positioning and upcoming mega IPOs. While AI spending remains strong, concerns over valuations, liquidity shifts and uncertain returns suggest increased volatility in global technology stocks.
Andhra CM Chandrababu Naidu embarks on two-day visit to Singapore to boost investments
Andhra Pradesh Chief Minister N Chandrababu Naidu is in Singapore for a two-day visit. The trip focuses on attracting investments and strengthening economic ties. He will meet Singapore Prime Minister Lawrence Wong and interact with industrialists. Naidu will also address the World Cities Summit and attend a business roadshow. The visit aims to advance key development initiatives for Andhra Pradesh.
UK, Japan set to agree $24 billion investment, tech partnerships
Britain and Japan are set to sign deals worth over 18 billion pounds. These agreements will boost investment and technology. Tens of thousands of jobs are expected to be created. Japanese companies will invest in infrastructure and financial services. There are also plans for offshore wind projects. A new technology partnership will cover AI and semiconductors.
Indian staffing cos step up global reach to diversify revenues
Indian staffing companies are actively expanding their global reach. They are tapping into international talent shortages across sectors like healthcare, engineering, and technology. This strategic move aims to diversify revenue and enhance profit margins. Firms are focusing on regions like Southeast Asia, the US, and Europe. This expansion is driven by client demand and the growth of global capability centers.
Keir Starmer tells NATO's Mark Rutte UK will publish defence plan before summit
Prime Minister Keir Starmer informed NATO Secretary General Mark Rutte that the UK's defence investment plan will be published before the upcoming summit in Ankara. Both leaders agreed on the necessity for allies to bolster collective defence and accelerate responses to evolving threats. Rutte welcomed the UK's increased defence spending as a significant contribution to the alliance.
CLSA set to vanish as brand after 40 years in Asian brokerage: Report
Hong Kong-based CLSA will be rebranded under Citic Securities from 2027, ending a brokerage brand known for its distinctive culture and strong presence across Asian financial markets. The move reflects Citic's effort to integrate CLSA more closely into its institutional framework.
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Warburg Pincus to acquire Japan's J.S.B. in over $1 billion deal, source says
US private equity firm Warburg Pincus is preparing to buy Japanese student housing provider J.S.B. The deal is valued at over one billion dollars. Warburg Pincus has already secured agreements with J.S.B.'s major shareholders. This move marks Warburg Pincus' first take-private deal in Japan since establishing its Tokyo office. The acquisition is expected to be announced soon.
India sends measles vaccines, medical supplies to Maldives amid rising cases
India has provided 20,000 measles vaccine doses and three tonnes of medical supplies to the Maldives. This assistance aims to address increasing measles cases and boost immunisation coverage. The Maldives expressed gratitude for the timely support, highlighting strong bilateral ties. This action reinforces India's commitment as a regional first responder and its Neighbourhood First policy.
FCAS collapse opens door for India-France sixth-gen fighter jet programme
India and France are discussing a joint project for a sixth-generation fighter jet. This opportunity arises after a Franco-German plan for a similar aircraft ended. Discussions have already taken place at the defence minister level. India is also set to receive advanced fighter jet engine technology from France. This collaboration could be a significant step for India's future air capabilities.
Japanese investors are looking beyond China... India is key alternative: Tsutomu Takemura, Senior MD, Nomura
India is increasingly becoming a long-term structural investment destination rather than a short-term strategic bet. Global capital is moving toward markets that offer domestic demand, policy stability, and supply-chain relevance, and India offers all three, says Tsutomu Takemura, senior managing director and global head of investment banking at Nomura.
Tieups with higher per capita income nations beneficial to all: Piyush Goyal
India's partnerships with wealthier nations offer mutual benefits. This strategy leverages India's young talent and competitive costs with developed economies' capital and technology. Recent free trade agreements with 38 countries highlight this approach. These collaborations open new markets and foster integration into global value chains. India's growing economy and large consumer base attract significant investment, creating jobs and driving innovation.
Samosa, pani puri in Tokyo: Patna's 'Jaggu Dhaba' brings Bihari desi flavours to Japan. Watch video
A taste of home is now available in Tokyo! 'Jaggu Dhaba', a restaurant founded by a man from Patna, is delighting patrons with authentic North Indian and Bihari cuisine. Viral social media buzz highlights its popular samosa chaat, pani puri, and vegetarian thali, offering a comforting culinary journey for Indians abroad and introducing regional flavors to Japan.
LSEG slowly sheds 'AI risk' tag with drive to show growth
LSEG shares tumbled nearly 13% in one day in February as worries about the threat posed by large language artificial intelligence models like Anthropic's Claude triggered a sharp selloff in software stocks.
TCS and Anthropic launch global premier partnership to drive enterprise AI scaling
Under the deal, TCS becomes a Global Premier Partner in Anthropic's Claude Partner Network. The company will deploy Claude to 50,000 of its employees across functions like engineering, finance, legal, and sales. TCS said this internal rollout will help it build hands-on expertise before applying it to client work.
IIT Hyderabad launches AI hub with JICA to boost Indo–Japan AI collaboration
The AI Innovation Hub at IIT Hyderabad, with JICA and Japanese partners, strengthens Indo–Japan AI collaboration by focusing on practical solutions and global exposure for students, while advancing applied research and India’s role in the global AI ecosystem.
India's biggest trade bet comes with six red flags
India may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Research Initiative (GTRI) warns that while free trade agreements have become a cornerstone of India's trade strategy, the country is grappling with six persistent challenges ranging from widening trade deficits and low utilisation of tariff benefits to manufacturing shifts abroad and increasingly intrusive trade rules.
BHAVYA scheme to help attract huge investments, create jobs: Piyush Goyal
A new Rs 33,660 crore scheme, BHAVYA, will develop 100 industrial parks across India. This initiative aims to attract significant investments and create numerous jobs. Modern social infrastructure will be established in these parks. States will partner with the central government to develop world-class industrial facilities.
TCS signs multi-million euro AI deal with Canada Life
Under the partnership, TCS will use its artificial intelligence and digital capabilities to manage and modernise Canada Life's data centres, core infrastructure, end-user computing systems and software lifecycle management, TCS said in a statement on Monday.
Indian companies pitch products, seek partnerships at mega tech trade event in Taiwan
While the event witnessed significant participation from Indian buyers, a handful of Indian companies also exhibited at COMPUTEX 2026, which featured a record 6,000 booths from 1,500 exhibitors representing 33 countries.
Japanese PM Takaichi's proposed India trip in July to focus on energy supplies; critical minerals
Japanese Prime Minister Sanae Takaichi may visit India in July for the annual Summit. This visit aims to strengthen cooperation with India, particularly in security and economic matters. The trip is also intended to counter China's growing influence in Asia. Discussions are expected on energy supply and critical mineral supply chains. The Prime Minister's schedule will determine the final dates.
Sumitomo Corporation can invest ¥ 10 trillion in India over the next decade: S Jaishankar
External Affairs Minister S Jaishankar recently convened with Shingo Ueno, the CEO of Sumitomo Corporation, to explore collaborative investments. Minister Jaishankar expressed optimism about Sumitomo's ability to bolster India's goal of reaching a Y=10 trillion investment target in the coming decade. He commended the company's unwavering support for the 'Make in India' movement.
Global Markets: Japan's Nikkei eases further from record high as AI euphoria fades
Japan's Nikkei index saw a dip on Friday, pulling back from its record high. Technology stocks experienced a slowdown. However, positive data on real wage growth in Japan offered some support to the broader market. This wage increase is expected to boost consumption and corporate performance, contributing to the overall resilience of Japanese equities.
Indo-UK comprehensive ties in focus as EAM Jaishankar meets Yvette Cooper
UK Foreign Secretary Yvette Cooper met Prime Minister Narendra Modi and External Affairs Minister S Jaishankar. Discussions focused on strengthening the India-UK comprehensive strategic partnership. Key areas included trade, technology, supply chains, and defense. Both nations aim for early implementation of CETA. Educational ties are expanding with the University of Liverpool planning a campus in Bengaluru.
India, UK unveil new initiatives on critical minerals, maritime security
India and the UK are embarking on an exciting journey of collaboration. With the unveiling of a significant trade deal and a strategic defence framework, the nations are set to enhance their partnership.
India-UK FTA implementation stuck due to carbon tax on steel; Scotch duties may be rolled back to rebalance pact
India and the UK held "great conversations" to boost economic ties, with discussions focusing on the Comprehensive Economic and Trade Agreement. New Delhi is concerned about Britain's new steel safeguard measures and carbon border adjustment mechanism, potentially impacting tariff concessions on Scotch whisky. Both nations aim for swift implementation of the trade deal.
UK Foreign Secretary Yvette Cooper to visit India soon; FTA among key agenda items: MEA
UK Foreign Secretary Yvette Cooper is visiting India soon. Discussions will focus on the proposed Free Trade Agreement. Trade and investment ties will be strengthened. Security and defence cooperation is also on the agenda. UK Business and Trade Secretary Peter Kyle is also in India. He is meeting with Indian officials to advance the trade relationship.
Unilever opens AI-powered fragrance R&D centre at IIT Bombay under €100 million plan
Unilever is launching a new fragrance research center at IIT Bombay. This is part of a major global investment using artificial intelligence to create new scents. The company aims to innovate fragrances alongside product development. This move strengthens Unilever's internal capabilities and partnerships with fragrance houses. India will play a key role in this global network.
From Tata to tech giants, Indian companies tighten grip on UK economy
Indian businesses are significantly expanding their UK presence, with company numbers soaring by nearly 60% and combined revenues exceeding £105 billion. This surge, detailed in the India Meets Britain Tracker, highlights strengthening economic ties, boosted by the upcoming Comprehensive Economic and Trade Agreement (CETA).
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