Category: Business

  • Gold, Silver Trade Volatile as Fed Rate Uncertainty Weighs on Sentiment

    New Delhi, June 25: Gold and silver prices witnessed volatile trading in global and domestic markets amid growing uncertainty over the U.S. Federal Reserve’s interest rate outlook, according to market analysts.

    Precious metals experienced fluctuations as investors reacted to mixed signals from the U.S. economy and evolving expectations around future rate cuts. Strength in the U.S. dollar at times weighed on bullion prices, while safe-haven demand provided intermittent support.

    Analysts said that gold and silver continue to respond sharply to macroeconomic cues, particularly inflation trends, bond yields, and central bank commentary. Expectations of prolonged higher interest rates have limited upside momentum in bullion markets.

    In the domestic market, traders reported range-bound movement with heightened volatility as global cues influenced sentiment. Investors remained cautious, awaiting clearer signals from the Federal Reserve regarding its monetary policy trajectory.

    Despite short-term fluctuations, experts believe that gold retains its appeal as a safe-haven asset amid global economic uncertainty, while silver continues to see demand driven by both industrial usage and investment interest.

    Market participants are expected to closely monitor upcoming U.S. economic data and central bank statements for further direction in precious metal prices.

    The outlook for bullion remains sensitive to interest rate expectations, inflation trends, and broader global financial stability.

  • India’s Real Estate Sector Sees Strong Dollar 4.3 Billion Institutional Inflows in H1 2026

    New Delhi, June 25: India’s real estate market has attracted institutional investments worth $4.3 billion in the first half (H1) of 2026, reflecting strong investor confidence and sustained growth momentum in the sector.

    According to industry data, the inflows were driven by robust demand across key segments, including commercial office spaces, residential developments, warehousing, and logistics infrastructure. The trend highlights India’s continued position as a preferred destination for global and domestic institutional investors.

    Experts noted that stable economic fundamentals, improved regulatory frameworks, and growing urbanisation have contributed to increased investor participation in the real estate sector. The rise in demand for quality office spaces and expansion of e-commerce-driven logistics networks have also supported investment activity.

    Analysts said the strong inflows indicate long-term confidence in India’s growth story, with both foreign and domestic investors actively participating in large-scale projects and development platforms.

    The residential segment also witnessed steady interest, supported by improving affordability conditions and rising demand in major metropolitan regions. Meanwhile, the warehousing and industrial segments continued to benefit from supply chain expansion and infrastructure development initiatives.

    Market observers believe that sustained institutional investments will further strengthen India’s real estate ecosystem, improve project execution, and enhance overall market stability in the coming years.

    With $4.3 billion already invested in H1 2026, the sector is expected to maintain its growth trajectory, supported by policy stability and increasing demand across asset classes.

  • Avery Dennison South Asia recognized for the advanced packaging material category at InnoPack Pharma Confex 2026, showcases smart pharmaceutical labeling solutions

    Avery Dennison South Asia recognized for the advanced packaging material category at InnoPack Pharma Confex 2026, showcases smart pharmaceutical labeling solutions

    Mumbai, June 25: Avery Dennison, a global leader in materials science and packaging solutions, showcased its latest pharmaceutical labeling and packaging innovations at the 15th Annual InnoPack Pharma Confex 2026, held on June 18–19 at the Sahara Star Hotel, Mumbai. As the pharmaceutical industry increasingly looks to packaging as a critical enabler of product integrity, traceability and patient safety, the company highlighted solutions designed to support greater transparency and trust across the healthcare value chain. 

    At the event, Avery Dennison presented a range of pharmaceutical labeling and packaging solutions designed to address some of the sector’s most important priorities, including product security, intelligent traceability and patient safety. The showcase brought together advanced functional materials, RFID-enabled technologies and authentication solutions that reflect how packaging is evolving from a basic identification layer into a more active part of the healthcare ecosystem.

    Recognizing its contributions to packaging innovation, Avery Dennison was awarded in the Advance Packaging Material Category at InnoPack Pharma Confex 2026. 

    Speaking on the occasion, Jitesh Mehta, Senior Director – Marketing, South Asia, Avery Dennison said, “The pharmaceutical industry is increasingly looking at packaging as a strategic tool whether it is strengthening traceability, supporting patient safety or enabling greater visibility across the supply chain. InnoPack Pharma Confex is a valuable platform to connect with the industry on the changing expectations from pharmaceutical packaging. We are pleased that our work was recognized in the Advance Packaging Material Category, and we value the conversations we had with customers, partners and industry stakeholders during the event.”

    The event brought together pharmaceutical manufacturers, packaging companies, technology providers and industry experts to discuss advancements shaping the future of pharmaceutical packaging. Conversations throughout the conference highlighted the growing emphasis on digitalization, supply-chain transparency, sustainability and patient-centric packaging solutions.

    Avery Dennison engaged with industry stakeholders on how materials science and intelligent identification technologies can help address the evolving needs of the pharmaceutical sector while supporting greater safety, efficiency and trust across the healthcare value chain. Also engaging with customers on how innovation in materials can support the sector’s evolving needs.

  • Nutanix Healthcare ECI Report Finds AI Urgency Outpacing Infrastructure Readiness as Shadow AI Risks Mount

    Bengaluru, June 25: Nutanix  a leader in hybrid multicloud computing, today published findings from the healthcare vertical edition of its eighth annual Enterprise Cloud Index (ECI) survey. The report, which examines infrastructure readiness, AI adoption, and containerisation trends across healthcare organisations globally, reveals a sector under mounting pressure. AI deployment is being driven from the top, shadow AI is proliferating across clinical and administrative functions, and the infrastructure required to support secure, compliant AI workloads at the point of care is not yet in place.

    As AI moves from the data centre to the bedside, where up to 75% of healthcare data is expected to be generated, the stakes around infrastructure readiness, data sovereignty, and clinical governance have never been higher. The findings show that while healthcare IT leaders recognise the transformative potential of AI, including through autonomous agents and real-time clinical decision support, the organisational and infrastructure gaps required to realise that potential remain significant.

    “Healthcare organisations across APJ are under growing pressure to adopt AI, but clinician demand is colliding with the readiness of the infrastructure underneath it. The impact extends beyond IT; it can affect the availability of critical systems, access to data, and ultimately, the continuity of patient care. For healthcare leaders, the priority is shift from reactive management and build a unified, hybrid approach that bridges the gap between data sovereignty compliance and the real-time, low-latency insights required at the patient’s bedside,” said Daryush Ashjari, Chief Technology Officer and VP of Solution Engineering, APJ at Nutanix.

    Key findings from the 2026 Nutanix Healthcare ECI report include:

    • Shadow AI is widespread and largely unmanaged: Seventy-nine percent of healthcare organisations encounter AI applications or agents being implemented by employees in non-IT functions, and 83% believe that AI tools and agents operating outside official oversight create business risk. The same proportion, 83%, say silos between business units and IT make it difficult to effectively execute technology initiatives, deepening the governance challenge as AI adoption scales.
    • Infrastructure is not ready for AI at the point of care: Eighty-eight percent of healthcare IT leaders view their current infrastructure as not fully ready to support deploying AI workloads on-premises. This is a significant gap given that AI inference at the point of care, rather than via cloud-only processing, is increasingly seen as essential to eliminating latency risks in clinical settings. Single patient rooms can generate up to 7TB of data annually, and high-density device environments such as ICU beds can include 15 to 20 connected devices, requiring local, low-latency AI processing to maintain clinical continuity.
    • AI is accelerating container adoption as healthcare modernises its application strategy: Eighty-six percent of healthcare organisations say AI is meaningfully accelerating their adoption of containers, which enable AI models to be deployed locally at the bedside in secure, portable environments. Eighty-one percent expect the level of application containerisation to increase at their organisation, and 80% are already building new applications in containers. Containers allow hospitals to keep data where it is generated, within their own walls, while enabling real-time AI-driven insights without compromising network performance.
    • AI agents are seen as transformative for healthcare operations: Fifty-eight percent of healthcare IT leaders expect AI agents to improve productivity and efficiency, 57% anticipate agents will transform business processes and operations, and more than half (55%) see potential for AI agents to create new products, services, or revenue streams. Looking three years ahead, 57% of organisations anticipate using agentic AI or autonomous agents, alongside generative AI (62%) and predictive analytics or machine learning models (55%).
    • Data sovereignty is a must-have, not a nice-to-have: Seventy-two percent of healthcare organisations say data sovereignty is a high priority or a must-include when making infrastructure decisions. Fifty-four percent run containerised applications on-premises or on private clouds today, and 54% feel the need to run infrastructure within a single country due to customer or stakeholder expectations. This reflects the sensitivity of protected health information (PHI) and the compliance requirements governing where this data can be stored and processed.
    • AI adoption is being driven from the top, with scale coming fast: Fifty-five percent of healthcare organisations anticipate having more than five AI-enabled applications within three years, including 12% who expect to be running more than 10. Sixty-three percent currently run AI applications on managed service providers, with hybrid deployment models expected to remain the norm as organisations look to support AI centrally and at the point of care.

    Together, these findings paint a clear picture: healthcare organisations are accelerating into AI without the infrastructure beneath them to support it safely. Closing the gap from the data centre to the bedside requires a fundamental rethink of how healthcare IT is architected, governed, and scaled.

    Where the data meets the bedside

    The findings point to a sector at critical stage in its innovation journey. AI is more than just a consideration for healthcare and is already running in containerised environments, across hybrid infrastructures, and increasingly at the point of care. But the picture underneath is messy as organisations are juggling workloads across on-premises systems, private clouds, and managed services simultaneously, often without the unified infrastructure strategy to support them consistently or safely.

    For healthcare IT leaders, this creates a clear mandate. AI workloads at the bedside demand infrastructure that can deliver performance, maintain regulatory compliance, and support clinical governance. Not just centrally, but locally, where latency and continuity directly affect patient outcomes. A cloud-only approach is no longer sufficient.

    Clinical continuity and patient outcomes depend on healthcare organisations fundamentally rethinking how they architect for AI by building secure data environments, scalable compute, and reliable application delivery across the entire business.

  • ‘Vande Bharatam’ Initiative Aims to Boost Rural Entrepreneurship: Gautam Adani

    Ahmedabad, June 25: Gautam Adani has launched a new initiative titled Vande Bharatam’, aimed at nurturing grassroots innovators and supporting emerging entrepreneurs across India, with a focus on inclusive growth and local talent development.

    The initiative is designed to identify and empower individuals from rural and semi-urban regions who demonstrate innovative thinking and entrepreneurial potential. It seeks to provide mentorship, access to resources, and industry exposure to help transform early-stage ideas into scalable ventures.

    Speaking on the launch, Adani emphasised the importance of unlocking India’s vast pool of untapped talent and creating pathways for sustainable economic participation at the grassroots level. He noted that innovation is no longer confined to urban centres and that India’s next wave of growth will be driven by ideas emerging from diverse regions of the country.

    The programme is expected to support innovation across sectors such as clean energy, logistics, agriculture, infrastructure, and digital services. It will also focus on skill development and capacity building, enabling participants to better navigate market challenges and adopt technology-driven solutions.

    Industry observers say the initiative aligns with broader national goals of promoting entrepreneurship, job creation, and self-reliance, while strengthening India’s innovation ecosystem. By connecting grassroots innovators with industry leaders and investors, Vande Bharatam aims to bridge the gap between ideas and implementation.

    The launch comes at a time when India is witnessing a surge in startup activity and increased focus on decentralised innovation, with both public and private stakeholders investing in programmes that support early-stage entrepreneurs.

    With this initiative, Adani Group aims to contribute to building a more inclusive and innovation-led economic landscape, encouraging participation from all sections of society in India’s growth story.

  • Equity Markets Open in Green Amid Stable Crude Oil Prices

    Mumbai, June 25: Indian equity markets opened on a positive note on Thursday, supported by easing concerns over global energy prices as crude oil hovered near the $70-per-barrel mark. Benchmark indices witnessed buying interest across key sectors, reflecting improved investor sentiment and optimism over economic stability.

    The positive market opening comes amid relatively stable crude oil prices, which have remained close to the $70 level following recent fluctuations in global commodity markets. For India, one of the world’s largest crude oil importers, softer energy prices are generally viewed as beneficial for controlling inflationary pressures and reducing import costs.

    Market participants noted that stable crude prices could provide support to corporate earnings, particularly for sectors heavily dependent on fuel and transportation costs. Banking, automobile, and consumer-focused stocks were among the early gainers as investors responded positively to the global cues.

    Analysts believe that the moderation in crude oil prices may help sustain market momentum in the near term, while investors continue to monitor global economic developments, central bank policies, and geopolitical factors that could influence commodity markets.

    The broader market sentiment remained constructive, with traders expecting continued volatility but maintaining a cautiously optimistic outlook for Indian equities.

  • Dubai civility initiative demands new design thinking from developers

    Keturah founder says citywide focus on behaviour, design and daily experience raises the bar across real estate sector

    Keturah founder says citywide focus on behaviour, design and daily experience raises the bar across real estate sector

     

    Dubai, UAE, June 25: Luxury developer Keturah says Dubai’s new civility initiatives will reinforce the emirate’s position as a global leader in how a city can improve everyday life for residents.

    The Dubai Civility Committee has confirmed plans to introduce a Civility Guidebook and new guidelines for celebrating different occasions, as part of a wider drive to improve public behaviour, the city’s appearance and its overall standard of civility.

    The programme also includes work on an integrated city lighting plan and a wider review of the city experience to set standards and systems required to design the world’s most civilised urban experience.

    Talal M. Al Gaddah, CEO and Founder of the Keturah luxury brand, says the initiative reflects a more practical way of thinking about cities, where roads, public spaces and homes all work together.

    “Dubai is now defining not only how a city should function, but how it should feel,” said Al Gaddah. “That means developers have to think differently about the spaces they create, and ensure their communities reflect the same principles being applied across the city.

    “The way communities and homes are designed plays a big part in civility. How spaces are lit, the way communities flow, how people move through shared environments, and the balance of comfort and privacy all shape behaviour and interaction.”

    Keturah has two luxury residential communities under development in Dubai designed around principles that support how people actually live and interact.

    The Ritz-Carlton Residences at Keturah Resort, on the shores of Dubai Creek adjacent to the Ras Al Khor Wildlife Sanctuary, combines branded residences, hospitality and a dedicated wellness centre, creating spaces where residents naturally encounter and engage with each other.

    Keturah Reserve, the AED5.7 billion bio-living community in Mohammed Bin Rashid City’s District 7, is designed at scale to support quality of life through thoughtful planning, from air quality to how spaces flow and connect, all of which shape daily behaviour and interaction.

    The Dubai Civility announcement earlier this week follows the new Public Safety laws which came into effect on June 1, to improve safety standards across public spaces, buildings, events, and facilities.

    Al Gaddah says such frameworks strengthen the link between how cities are governed and how they are designed, and reinforce the importance of aligning private development with Dubai’s long-term direction on safety, quality and liveability.

     

  • Uttar Pradesh Global Growth Dialogue 2026: UP receives investment proposals worth over INR 50,000 crore at Bengaluru roadshow

    Uttar Pradesh Global Growth Dialogue 2026: UP receives investment proposals worth over INR 50,000 crore at Bengaluru roadshow

    Bengaluru/New Delhi, June 24: The Yogi government’s efforts to position Uttar Pradesh as a preferred investment destination received another major boost as the state secured investment proposals worth over ₹50,000 crore during the Uttar Pradesh Global Growth Dialogue 2026 in Bengaluru.

    Chief Minister Yogi Adityanath, who visited Bengaluru with the vision of attracting investors and transforming Uttar Pradesh into a one-trillion-dollar economy, engaged with leading global companies, Global Capability Center (GCC) operators, technology firms, infrastructure developers, and investors during the event.

    As part of a series of roundtable discussions, Uttar Pradesh received investment proposals worth more than ₹50,000 crore from over 15 companies. MoUs were signed between the state government and various companies. These investments are expected to create new opportunities in industrial development, Global Capability Centers (GCCs), electronics manufacturing, logistics, and other key sectors.

    The largest investment commitments came in the industrial and business park segment. Horizon (Blackstone) proposed an investment of ₹10,000 crore, Embassy ₹5,000 crore, Raheja Mindspace REIT ₹5,000 crore, Prestige ₹15,000 crore, and Sattva Developers ₹4,000 crore. Shriram Properties also signed an MoU to develop private industrial and business parks in Uttar Pradesh. These projects are expected to strengthen the state’s modern industrial infrastructure and generate large-scale employment opportunities.

    Uttar Pradesh also received major investment proposals in the Global Capability Center (GCC) sector. Companies including LG, Aon, MetLife, and Table Space signed MoUs with the state. In addition, TeamLease signed a non-financial MoU in the presence of Chief Minister Yogi Adityanath to support GCC talent development in Uttar Pradesh.

    The partnership aims to strengthen the pipeline of skilled professionals in the state, ensuring businesses have access to future-ready talent. It is also expected to reinforce Uttar Pradesh’s position as a preferred destination for Global Capability Centers and knowledge-based industries. Several other prominent companies also expressed interest in investing in the state.

    Chief Minister Yogi Adityanath held strategic discussions with senior executives of leading companies across three roundtable sessions. The first session, Future of Urban Infrastructure, focused on the future of urban development. The second session, The Next Tech Frontier: Global Capability Centers, IT and IT-Enabled Services, explored emerging technologies and innovation. The third session, UP Growth Journey: Rising FDI, deliberated on the role of foreign direct investment in the state’s development trajectory.

    During these interactions, the Chief Minister invited industry leaders to become part of Uttar Pradesh’s rapidly evolving investment ecosystem. Highlighting progressive policies, robust infrastructure, transparent and responsive governance, and one of India’s most competitive incentive frameworks, he encouraged businesses to invest in the state.

    Chief Minister Yogi Adityanath also presented the state’s roadmap to establish Uttar Pradesh as a leading GCC hub. He stated that the government aims to develop 40 million square feet of Grade-A office space and establish 500 GCC units by 2031.

    The state is producing a talent pool of nearly 200,000 STEM graduates annually. The government’s focus is on skill development in emerging technologies such as Artificial Intelligence (AI), Machine Learning, Cybersecurity, and Cloud Computing.

    Uttar Pradesh is also working towards becoming one of India’s top three destinations for foreign direct investment (FDI).

    With its emphasis on transparency, ease of doing business, security, policy stability, and investor-friendly governance, the state is emerging as one of India’s most attractive destinations for technology-driven growth and global business expansion.

  • 84 percent of Banking Leaders in India Report Rising Fraud Losses, Up from 57 percent Last Year, BioCatch Survey Finds

    Chennai, June 24: Financial institutions around the world appear very concerned about the present and future of AI-driven fraud. In a new survey of 1,440 fraud-management, anti-money laundering (AML), and risk and compliance leaders at banks in 25 countries on five continents, 84% of respondents recognize AI agents as the industry’s greatest exploitable vulnerability in the next year, 88% say AI has already increased the sophistication of fraud, 60% expect AI-mediated banking to reduce the effectiveness of traditional fraud defenses, and 72% believe it will be very difficult to distinguish between legitimate AI-assisted actions and malicious or manipulated AI activity in a future where AI agents commonly initiate transactions.
     
    “AI is starting to reshape how customers interact with e-commerce sites and financial institutions and will change how criminals execute fraud and other financial crimes,” BioCatch CEO Gadi Mazor said. “As digital interactions continue to grow faster, more automated, and increasingly driven by agents, we must move beyond static identity checks and toward a deeper and immediate understanding of behavior, intent, and trust.”
     
    Commissioned by BioCatch, which prevents fraud and financial crime by recognizing patterns in human behavior, the survey highlights how the global fraud challenge is manifesting across different markets — with India emerging as one of the most concerned and heavily impacted countries. The survey interviewed 100 fraud management, financial crime prevention, and risk and compliance leaders from Indian financial institutions. Ninety percent of Indian banking leaders surveyed say they’ve observed an increase in fraud attempts over the past year, significantly higher than the global average of 81%. Additionally, 84% reported rising fraud losses, compared to 76% globally. Both figures also represent a significant uptick from last year’s survey, in which 70% of those surveyed in India reported increasing fraud attempts and only 57% reported increasing fraud losses.
     
    All respondents were manager-level or above, 62% were director-level or above, and 31% identified as members of their bank’s C-suite. Nearly all (98%) work at institutions with more than $10 million under management, 64% say their bank holds more than $100 million in assets, 49% more than $1 billion, and 22% more than $10 billion.
     
    Indian banking leaders also appear particularly convinced that AI-powered fraud — both in the present and the future — represents a serious threat. Among the 25 countries surveyed in 2026, India emerged as the country most concerned about the accelerating speed of fraud.
     
    Rising fraud: 
    • 90% say fraud attempts at their institution are increasing (vs. 81% globally). In 2025, only 70% of Indian respondents reported increasing attempts. 
    • 84% say fraud losses at their institution are increasing (vs. 76% globally). Last year, only 57% of Indian respondents reported increasing fraud losses.
    • 95% are very concerned about an increase in the speed of fraudulent activity (vs. 76% globally). 
    • 48% say their institution loses more than $10 million to fraud every year, 32% more than $25 million, 16% more than $50 million, and 6% more than $100 million. 
    • 58% say their customers lose more than $5 million to authorized fraud/scams every year, 44% more than $10 million, 19% more than $25 million, 7% more than $50 million, and 2% more than $100 million.
      Interbank intelligence sharing:
    • 94% think interbank intelligence sharing could have a significant positive impact on their ability to stop fraud and financial crime (vs. 85% globally).
    • 93% believe gaining real-time intelligence on the receiving account involved in a transaction would have a significant impact on their ability to recognize and stop scams (vs. 86% globally).
    AI impact:
     
    • 93% believe AI has increased the sophistication of fraud and scam schemes (vs. 88% globally).
    • 83% believe AI agents could be the industry’s next largest exploitable vulnerability by fraudsters in the next year (vs. 84% globally).
    • 90% believe that it will be very challenging to distinguish between legitimate AI-assisted actions and malicious or manipulated activity (vs. 72% globally).  
    Other notable takeaways: 
    • A full two-thirds (66%) of Indian banking leaders cite scam attempts via instant payment platforms as the main driver of fraud in the country, compared to the 59% global average of respondents naming instant payments as the primary driver of increased fraud attempts in their geographies. India’s rapid UPI adoption is likely creating new attack opportunities for fraudsters.
    • 60% of Indian banks actively measure and report customer attrition from fraud, compared to just 47% globally. This signals a mature approach to understanding the business impact of fraud on its customer base.
    • 64% of Indian respondents say they’ve observed scammers employing deepfakes to improve social engineering and impersonation scams in the last year (vs. 50% globally)
     View the complete interactive report or download a static .pdf to see the complete results.
  • Carysil Celebrates the Beauty of Seamless Design with Its Latest Creative Campaign

    Carysil Celebrates the Beauty of Seamless Design with Its Latest Creative Campaign

    In a world where appliances often demand attention, Craysil is championing a different philosophy, one where exceptional design blends effortlessly into modern living.

    Through its latest campaign creative, headlined “This Refrigerator Doesn’t Stand Out. That’s What Makes It Outstanding,” CARYSIL spotlights its premium Slot-In Refrigerator, designed to seamlessly integrate into contemporary kitchens. The campaign underscores a growing consumer preference for minimalist aesthetics, where functionality and sophistication coexist
    without visual clutter.

    The creative highlights how thoughtful design isn’t always about standing apart sometimes, it’s about fitting in perfectly. By blending harmoniously with surrounding cabinetry, the Carysil Slot In Refrigerator elevates the overall kitchen experience while maintaining a clean, refined look. 

    With this campaign, Carysil continues to reinforce its commitment to innovation-led design, delivering appliances that complement modern lifestyles and spaces.