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Category: Business and Trade news

Meta Platforms begins layoffs affecting 8,000 employees amid AI restructuring

Meta Platforms begins layoffs affecting 8,000 employees amid AI restructuring

Business and Trade news May 20, 2026

New Delhi, May 20 (IANS) Meta Platforms on Wednesday began laying off nearly 8,000 employees as part of a sweeping restructuring exercise aimed at accelerating its shift toward artificial intelligence… Continue reading Meta Platforms begins layoffs affecting 8,000 employees amid AI restructuring

Sensex, Nifty open lower amid weak global cues, geopolitical tensions

Sensex, Nifty open lower amid weak global cues, geopolitical tensions

Business and Trade news May 20, 2026

Mumbai, May 20 (IANS) Indian stock markets opened lower on Wednesday, mirroring weak global cues from the US and Asian markets amid rising bond yields and geopolitical tensions in West… Continue reading Sensex, Nifty open lower amid weak global cues, geopolitical tensions

Samsung Electronics' union to proceed with strike

Samsung Electronics’ union to proceed with strike

Business and Trade news May 20, 2026

Seoul, May 20 (IANS) Samsung Electronics’ union said on Wednesday it will proceed with the strike scheduled for later this week, arguing management has rejected a government-mediated proposal. “We accepted… Continue reading Samsung Electronics’ union to proceed with strike

Rajasthan: Adequate petrol, diesel available; public urged to avoid panic buying

Rajasthan: Adequate petrol, diesel available; public urged to avoid panic buying

Business and Trade news May 20, 2026

Jaipur, May 19 (IANS) Public sector oil marketing companies, Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited, and Hindustan Petroleum Corporation Limited are ensuring an uninterrupted supply of petrol and… Continue reading Rajasthan: Adequate petrol, diesel available; public urged to avoid panic buying

PF withdrawals through UPI soon as EPFO tests direct bank transfer system

PF withdrawals through UPI soon as EPFO tests direct bank transfer system

Business and Trade news May 20, 2026

New Delhi, May 19 (IANS) The Employees’ Provident Fund Organisation (EPFO) has completed testing for a new facility that will allow subscribers to withdraw their provident fund savings directly into… Continue reading PF withdrawals through UPI soon as EPFO tests direct bank transfer system

India, Nordic countries elevate ties to Green Technology and Innovation Strategic Partnership

India, Nordic countries elevate ties to Green Technology and Innovation Strategic Partnership

Business and Trade news May 20, 2026

Oslo, May 19 (IANS) Prime Minister Narendra Modi announced on Tuesday that India and Nordic countries have decided to elevate ties to Green Technology and Innovation Strategic Partnership. Addressing a… Continue reading India, Nordic countries elevate ties to Green Technology and Innovation Strategic Partnership

SEBI proposes API-based overhaul of institutional trade processing system

SEBI proposes API-based overhaul of institutional trade processing system

Business and Trade news May 20, 2026

New Delhi, May 19 (IANS) India’s capital markets regulator Securities and Exchange Board of India on Tuesday proposed a major revamp of the trade-processing mechanism used for institutional stock market… Continue reading SEBI proposes API-based overhaul of institutional trade processing system

Trident’s Q4 net profit falls 24 pc to Rs 102 crore, board approves interim dividend

Trident’s Q4 net profit falls 24 pc to Rs 102 crore, board approves interim dividend

Business and Trade news May 20, 2026

Mumbai, May 19 (IANS) Textile and paper manufacturer Trident Limited on Tuesday reported a 23.5 per cent year-on-year (YoY) decline in consolidated net profit for the fourth quarter ended March… Continue reading Trident’s Q4 net profit falls 24 pc to Rs 102 crore, board approves interim dividend

PM Modi invites Danish pension funds to increase their investments in India

PM Modi invites Danish pension funds to increase their investments in India

Business and Trade news May 20, 2026

Oslo, May 19 (IANS) Prime Minister Narendra Modi on Tuesday held a meeting with his Danish counterpart Mette Frederiksen in Oslo, during which he invited Danish pension funds to increase… Continue reading PM Modi invites Danish pension funds to increase their investments in India

Global AI spending expected to surge 47 pc to .59 trillion in 2026

Global AI spending expected to surge 47 pc to $2.59 trillion in 2026

Business and Trade news May 20, 2026

New Delhi, May 19 (IANS) Worldwide spending on artificial intelligence is projected to jump 47 per cent year-on-year to $2.59 trillion in 2026, driven largely by rising investments in AI… Continue reading Global AI spending expected to surge 47 pc to $2.59 trillion in 2026

Nifty likely to touch 29,000 by FY27-end despite global uncertainties: Report

Nifty likely to touch 29,000 by FY27-end despite global uncertainties: Report

Business and Trade news May 19, 2026

New Delhi, May 19 (IANS) Despite ongoing geopolitical uncertainties and elevated crude oil prices, India’s market benchmark Nifty is expected to touch 29,000 level by March 2027, a report said… Continue reading Nifty likely to touch 29,000 by FY27-end despite global uncertainties: Report

India can emerge as global leader in advanced 5G capabilities: Industry

India can emerge as global leader in advanced 5G capabilities: Industry

Business and Trade news May 19, 2026

New Delhi, May 19 (IANS) India is not just catching up with the world’s leading digital economies but has the potential to emerge as a global leader in advanced 5G… Continue reading India can emerge as global leader in advanced 5G capabilities: Industry

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