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BUSINESS

Indian IT sector's recruitment grows 10 pc annually
BUSINESS

Indian IT sector's recruitment grows 10 pc annually

New Delhi, Aug 6 — India’s technology hiring is diverging into two distinct trends as overall demand for tech work rose 10 per cent annually even as entry‑level IT roles eased, a report said on Thursday.The report from job site foundit said AI-led roles now account for 4 per cent of entry-level…

Govt raised Rs 31,552 crore via LIC OFS; shares trade lower
BUSINESS

Govt raised Rs 31,552 crore via LIC OFS; shares trade lower

New Delhi, Aug 6 — Shares of Life Insurance Corporation of India (LIC) traded lower on Thursday after the government raised Rs 31,552 crore through the Offer for Sale (OFS) by fully exercising the green shoe option and enabling the state-run insurer to achieve the mandatory 10 per cent minimum…

Meta’s AI model hacked external system during cybersecurity test
BUSINESS

Meta’s AI model hacked external system during cybersecurity test

New Delhi, Aug 6 — Technology giant Meta Platforms Inc. reported that one of its artificial intelligence models accessed the internet and hacked into an outside service's systems during cybersecurity testing following other recent incidents in the AI industry that have raised concerns about…

Indian markets open higher on hopes of US-Iran peace deal
BUSINESS

Indian markets open higher on hopes of US-Iran peace deal

Mumbai, Aug 6 — Domestic equity markets opened higher on Thursday amid hopes of US-Iran peace deal and a better-than-expected June earnings season so far.Sensex started the session at 78,782.43, up 0.25 per cent or 200 points, while Nifty opened at 24,632.65, an increase of 8 points or 0.03 per…

TN agriculture budget today; crop loan waiver, higher MSP in focus
BUSINESS

TN agriculture budget today; crop loan waiver, higher MSP in focus

Chennai, Aug 6 — Tamil Nadu Agriculture and Farmers’ Welfare Minister R. Vinoth will present the state’s separate Agriculture Budget for 2026-27 in the Legislative Assembly on Thursday, with farmers looking for major announcements on crop loan waivers, higher procurement prices and measures to…