Category: Business News & Economy

United Utilities Water Finance issues €100m notes due 2035

Oppenheimer reiterates Oracle stock rating on cloud demand outlook

Lucid Capital Markets initiates Tvardi stock with buy rating

Lucid Capital Markets initiates Adlai Nortye stock with buy rating

Chinas exports rose 25% annually to USD 401.4 billion in August, accelerating from 23.9% growth in July. Imports also increased sharply by 28.2% to USD 282.4 billion, marking the eighth consecutive month of double-digit growth. The trade surplus widened to USD 119.1 billion from USD 101.1 billion a year earlier.

The stronger yen weighed on export-focused stocks as it can reduce overseas earnings when converted into yen. Markets also remained cautious ahead of an expected Bank of Japan rate hike, supported by stronger economic data. July wages recorded their fastest growth since 1997, while second-quarter GDP growth was revised higher.

As insurers move more processes to human-in, human-on and human-out-of-the-loop models, AI is changing not just how insurance works but the roles and skills its workforce needs.

Agentic AI engineer demand in India has surged 260 percent in 2026. Other AI roles like GenAI solutions architects also saw significant growth. AI now handles up to 70 percent of routine technology workloads. Organizations are focusing on workforce transition and reskilling initiatives. Talent development in AI, cloud, and cybersecurity is becoming crucial.

Tata Consultancy Services (TCS) said that it has won a Rs 122.6 crore contract from the Government of Odisha to implement the next phase of the Odisha State Workflow Automation System (OSWAS 3.0).

The Sensex declined 555 points, or about 0.73%, to close at 75,577.58, while the NSE counterpart Nifty 50 declined 144 points, or 0.61%, to settle at 23,635.10.