Jefferies has a buy on L&T with a reduced target price of Rs 4,500 from Rs 4,715 earlier. Analysts said global engineering & construction companies with West Asia exposure, including L&T, are down between 10-24% since the Iran-US-Israel conflict began. 37% of L&T’s order book is from the region, with Saudi Arabia at a lion’s…
Microsoft CEO Satya Nadella speaks at the Microsoft AI Tour event in Munich, Germany, on Feb. 25, 2026 Sven Hoppe | Picture Alliance | Getty Images Microsoft said Thursday that it will keep startup Anthropic’s artificial intelligence technology embedded in its products for clients, excluding the U.S. Department of War. Earlier on Thursday, the federal…
Smoke rises from an Israeli strike targeting the southern suburbs on March 5, 2026 in Beirut, Lebanon. Daniel Carde | Getty Images Asia-Pacific markets were set to open lower Friday, tracking Wall Street losses overnight, as the Iran conflict sends energy prices higher. Overnight, oil prices broke through the $80 per barrel mark, with Brent…
It’s the second vote in as many days, after the Senate defeated a similar measure along party lines. Lawmakers are confronting the sudden reality of representing wary Americans in wartime and all that entails — with lives lost, dollars spent and alliances tested by a president’s unilateral decision to go to war with Iran. While the tally in the…
China has signaled continuity rather than change for its economy, setting a slightly lower target for growth this year in the midst of a property slump and other headwinds at home and growing uncertainty abroad. Premier Li Qiang announced a target of 4.5% to 5% annual growth in his report presented to the opening session of this year’s…
OpenAI CEO Sam Altman took subtle swipes at rival Anthropic on Thursday and said he thinks it’s “bad for society” if companies start abandoning their commitment to the democratic process because “some people don’t like the person or people currently in charge.” “The government is supposed to be more powerful than private companies,” Altman said…
There might also be a more direct impact on food. “Some elements of crude oil are used in fertiliser, and so there could be a cost implication in terms of food prices,” Benjamin Godwin, partner at investment advisory firm PRISM Strategic Intelligence told the BBC. Source link
According to people familiar with the development, the apex payments body is reviewing its brand architecture across the NPCI Group, including its subsidiaries, to bring greater harmonisation to its identity. The push comes at a time when India’s digital payments boom has created an unusual paradox: hundreds of millions of users rely on…
The average long-term US mortgage rate edged higher this week, ending a three-week decline as bond yields rose amid oil-price pressures linked to the war with Iran.The benchmark 30-year fixed mortgage rate increased to 6% from 5.98% last week, mortgage buyer Freddie Mac said on Thursday. A year ago, the average rate stood at 6.63%,…
Gold prices rose on Thursday, lifted by safe-haven demand amid an escalating war in West Asia, though a stronger dollar and concerns around the US Federal Reserve’s monetary policy capped gains. Spot gold was up 0.5 per cent at $5,166.3 per ounce as of 1800 ist, while US gold futures for April delivery…