On Friday, Indian stock exchanges experienced a downturn as investors opted to trim their portfolios ahead of the weekend break. Meanwhile, bullion markets thrived, with gold and silver prices hitting unprecedented levels, marking a continued upward trend. Global trading activity remained lukewarm, reflecting the seasonal slowdown due to year-end festivities.
AI to expand opportunities for Indian IT; luxury housing demand strong: BofA Sec
AI presents significant new revenue streams for Indian IT services, despite job displacement concerns. Experts believe AI will expand beyond coding into business processes, creating