Business

IT giant, Tata Consultancy Services (TCS) on Thursday said it has acquired US-based ListEngage for $72.80 million (about Rs 646 crore), marking a strategic move to enhance its Salesforce and AI advisory capabilities globally.Headquartered in Framingham, Massachusetts, ListEngage is a full-stack Salesforce partner specialising in marketing cloud, CRM, data cloud, Agentforce, and AI advisory services…

Alexander Stubb (left), Donald Trump (@RapidResponse47) The United States will purchase 11 icebreaking vessels from Finland in a move aimed at bolstering its Arctic maritime capabilities, President Donald Trump announced on Thursday during a meeting with Finnish President Alexander Stubb at the White House.Under the agreement, four vessels will be built in Finland, while seven…

The average long-term mortgage rate in the US fell to 6.3% this week, returning to its lowest level in about a year, mortgage buyer Freddie Mac said on Thursday. The rate on a 30-year fixed loan edged down from 6.34% last week, while a year ago it averaged 6.32%.Rates on 15-year fixed mortgages, often used…

Once dominated by jewellery, coins and bars, gold investment in India is rapidly moving into the digital and market-linked space, offering investors high returns without the need to hold physical gold.With the festival season of Dhanteras and Diwali approaching, investors looking for pure returns rather than physical ownership now have multiple options, including digital gold,…

The Reserve Bank of India (RBI) on Thursday announced a reshuffle of portfolios among its four deputy governors, redistributing oversight of its 32 departments.Shirish Chandra Murmu, who assumed charge as deputy governor following the retirement of M Rajeshwar Rao, has been assigned key divisions, including the departments of communication, government and bank accounts, regulation, and…

MUMBAI: UK prime minister Keir Starmer, on his maiden visit to Mumbai as head of state, sought to reposition his country as a key economic ally, showcase the UK’s renewed economic confidence, and call for deeper fintech and technology linkages.Starmer said that the India-UK trade deal was a huge win for both nations and a…

MUMBAI: Prime Minister Narendra Modi said that India has made the democratic spirit a pillar of governance and extended it to technology, making the country one of the most digitally inclusive societies.Addressing the Global Fintech Fest in Mumbai on Thursday jointly with UK Prime Minister Keir Starmer, Modi said that the India Stack has become…

Wall Street took a breather on Thursday, with US stocks making only modest moves near record levels while gold edged higher and Treasury yields remained largely unchanged. The S&P 500 inched up 0.1%, coming off its latest all-time high and marking eight gains in the past nine sessions. The Dow Jones Industrial Average rose 21…

The all-India House Price Index (HPI), compiled by the Reserve Bank of India (RBI) using transaction-level data from 18 major cities, rose 3.6 per cent year-on-year in the first quarter of the current fiscal, the central bank said on Thursday.The RBI said the growth moderated compared with the 7.6 per cent increase in the same…

US federal workers have begun to feel the heat of government shutdown as it enters its second week, as many have resorted to even taking loans to cover everyday expenses. Since October 1, hundreds of thousands of federal employees have been furloughed, while others deemed essential, including some military personnel, must work without pay.All work…