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Nifty IT Index Tanks 6.5%; Infosys, Mphasis, TCS Lead ₹IT Selloff Following Accenture Forecast Cut
Nifty IT witnessed one of its biggest single-day declines in 2026 after global consulting and technology giant Accenture lowered the upper end of its FY26 revenue growth guidance. The disappointing outlook sparked a broad-based selloff across Indian IT stocks as investors reassessed earnings expectations for the sector. Heavyweights including Infosys, TCS, HCLTech, Wipro, Tech Mahindra,…
NatWest Boss Warns AI Will Replace Some Banking Jobs, June 19
NatWest CEO Paul Thwaite warns AI will replace some banking jobs as the 60,000-strong workforce faces inevitable change.
Dobrindt Pushes Welfare Cuts as SPD Resists, June 18
Dobrindt calls for welfare cuts in Germany as coalition splits on Bürgergeld reform taking effect July 1.
Affirm Stock Falls 5.3% to $70.73 on Valuation Concerns, June 18
Affirm stock fell 5.3% to $70.73 on June 17 amid valuation concerns and sector headwinds affecting the buy-now-pay-later fintech lender.
Germany’s Interior Ministers Plan AI Fraud Detection, Bürgergeld Cuts, June 18
German interior ministers plan AI-powered welfare fraud detection and consider restricting Bürgergeld access for EU citizens.
Body Found in Search for Missing Personal Trainer Elena Moore, June 18
Body matching missing personal trainer Elena Moore found in Lexington, South Carolina. SLED investigating.
Georgia Republicans Reject Redistricting Plan, June 18
Georgia Republicans reject 2028 redistricting plans following Supreme Court ruling that weakens voting protections for minorities.
Lady Sarah Chatto Makes Rare Royal Ascot Appearance, June 18
Lady Sarah Chatto, Princess Margaret’s daughter, made a rare public appearance at Royal Ascot 2026, presenting trophies with King Charles.
Japan’s Summer Savings Push: 67.5% Plan Budget Cuts, June 18
67.5% of Japanese consumers plan to cut spending in July 2026 amid inflation, with bulk buying and discounts driving summer shopping habits.