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AI-related layoffs a boost for stocks? Not necessarily

Artificial intelligence has ushered in a bull run in stocks that has taken the broader market to new heights. Companies that have tied workforce reductions to the new technology, however, haven’t always fared so well.  CNBC compiled a list of 23 S&P 500 firms across multiple sectors and industries to see how their stocks fared...
officials said that the merger is targeted to take effect from april 1 2027 subject to govt and regulatory approvals

PFC, REC boards clear merger, seek approval from President

NEW DELHI: The boards of state-run power sector financiers Power Finance Corporation and REC Limited on Saturday decided to move ahead with the proposal to merge the two entities.In separate stock exchan-ge filings, both companies said their boards had cleared reserving the merger proposal for approval of President of India, as required under their Articles...
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Why the government is identifying 100 products to cut import dependence

India is preparing a fresh manufacturing push centred on identifying nearly 100 products that are either not produced domestically or are inadequately manufactured despite existing capability, signalling a sharper industrial policy focus amid shifting global supply chains, geopolitical tensions and the country’s ambition to emerge as a global manufacturing hub.The initiative, outlined by Department for...
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