India’s third-largest private sector lender, Axis Bank, has reduced its workforce by more than 3,100 employees in FY26, signalling a structural shift driven by technology-led productivity gains.

A powerful new AI model, “Mythos,” developed by Anthropic, has sparked a global debate on the safety of financial systems.

Indian equity markets closed on a weak note on Friday, extending losses amid global uncertainty and sectoral pressure.

India’s highway construction momentum saw a noticeable slowdown in FY26, with total construction reaching 9,380 km—well below the government’s target of 10,000 km.

Vodafone Idea has clarified that it does not intend to implement a sharp, across-the-board increase in mobile tariffs at this stage.

The world is witnessing an extraordinary surge in wealth creation, with nearly 89 individuals joining the ultra-high-net-worth category every day over the past five years.

Shares of Mahindra Logistics declined sharply by nearly 9% in intraday trade, hitting a low of ₹402.85 on the NSE.

Shares of IDBI Bank surged up to 8.5% in intraday trade, emerging as a top gainer despite a weak broader market.

Shares of Infosys plunged over 7% in Friday’s trading session, hitting a 52-week low of ₹1,152.35 on the BSE.