Business

IBM's stock took a hit after Anthropic, the company behind the AI model Claude, said its new tool can make fixing old COBOL software a lot easier.

Gems and jewellery exporters, whose outbound shipments are valued at nearly $10 billion, have also decided to pause consignments for at least a week as they assess the evolving trade situation and await clearer policy direction.

IDFC First Bank News: The issue came to light after a Haryana government department requested closure of its account and transfer of funds to another bank.

Coinbase posted a $667 million loss, the stock somehow rallied, analysts cut their fair value, and Cathie Wood decided that was the perfect moment to buy more. This either makes total sense or no sense at all, depending on where crypto goes next.

As artificial intelligence reshapes finance, investors must decide how much trust to place in algorithms managing their money.

When group health premiums look too good to be true, employees may ultimately pay the price.

RBI Governor Sanjay Malhotra said there is no plan to revisit new norms on bank funding for brokers and ruled out systemic risk from the Rs 590 crore IDFC First Bank fraud. He affirmed banks are well capitalised and inflation-targeting framework remains unchanged.

Luxury MPVs priced above Rs 60 lakh are emerging as one of India's fastest-growing premium car segments. Sales in the category have surged from 493 units in 2020 to 2,485 units in 2025, outpacing broader high-end vehicle growth.

Gold and silver funds experienced strong rallies and sharp corrections, creating opportunities for tax harvesting. Investors can strategically use capital losses to offset gains or leverage the LTCG exemption to retain more profits. Careful timing and adherence to tax rules can significantly improve post-tax returns without altering long-term allocations. Tax harvesting can help investors lock in gains, adjust losses, and step up acquisition costs-- without changing their long-term precious metals bet.

The Amending Protocol modifies the taxation of income from dividends by replacing a single rate of 10 percent of tax with a split rate of 5 percent for those holding at least ten percent of capital and 15 percent of tax for all other cases