Rs 11,000 crore pulled out! FIIs exit IT stocks as AI threat rattles outlook

Foreign institutional investors (FIIs) are sharply reducing exposure to technology sector, amid rising concerns that advances in artificial intelligence could disrupt traditional software services business models that have long powered the country’s IT industry.FIIs pulled out Rs 10,956 crore from Indian IT stocks in the first fortnight of February alone, as the launch of new…

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Applying for PMAY-Urban? Check the complete list of required documents

The Pradhan Mantri Awas Yojana (PMAY) remains one of the government’s flagship housing schemes aimed at improving home ownership affordability across urban India. The programme provides interest subsidies and financial assistance to eligible beneficiaries, particularly those in the Economically Weaker Section (EWS), Low Income Group (LIG), and Middle Income Group (MIG) categories.For applicants, documentation plays…

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