Nasdaq led a selloff among Wall Street's main indexes on Monday, slumping over 3% to a near six-month low. The Dow Jones Industrial Average dropped over 378.81 points, or 0.89%, to 42,422.91. The 500-stock S&P dropped to its lowest levels since September 2024. The fall came after US President Donald Trump refused to rule out recession following his tariff actions.

In a recent report, JPMorgan Chase & Co stated that it'll take 134 years for the world to reach gender equality. "This means that a girl born today would've to wait until her 97th birthday...to experience...truly equal society," the report stated. Only about 10% of the most powerful roles such as CEO and CFO, are held by women, it added.

Sumon K Chakrabarti, Co-founder and CEO of advertising agency Buffalo Soldiers, said influencers "are not even being considered" by brands in some instances after the controversy over comedian Samay Raina's show 'India's Got Latent'. "The drop is significant, with rates falling by over 50% in some cases," he added. "Influencers have become very sensitive about their content," a marketer said.

IndusInd Bank on Monday informed the stock exchanges that during internal review of processes relating to Other Asset and Other Liability accounts of the derivative portfolio, the bank noted some discrepancies in these account balances. "Bank's detailed internal review has estimated an adverse impact of approximately 2.35% of the bank's net worth as of December 2024," the bank said.

IT employees in Bengaluru burnt effigies of Infosys Founder Narayana Murthy and L&T Chairman SN Subrahmanyan during a protest by KITU, an IT employees' union in Karnataka, against exploitive work practices. Earlier, Murthy proposed 70-hour workweeks, while Subrahmanyan suggested employees should work 90 hours a week. Despite Bengaluru Police's attempts to stop them, employees burnt the effigies.

Roshni Nadar Malhotra becomes India’s richest woman after Shiv Nadar transfers 47% of his HCL shares to her. With control over 44.34% of HCL Technologies, Roshni is set to lead the IT giant with a focus on innovation and social impact, marking a significant power shift in one of India’s top business empires.

ServiceNow has signed an agreement to acquire AI-powered workplace assistant provider Moveworks for $2.85 billion. The deal, expected to close in the second half of 2025, will strengthen ServiceNow's AI-driven automation capabilities. Moveworks' AI assistants help businesses streamline workflows across HR, IT, and customer service.

Union Minister Nitin Gadkari said the industry shouldn't demand a reduction in taxes as the government needs funds to implement welfare schemes. "Don't ask for reducing...GST and taxes, it's a continuous process which is going on. If we reduce...tax, you'll ask for more, because this is human psychology," Gadkari said. "The government has also got its own limits," he added.

Vikas Purohit, an industry veteran with over 20 years of leadership experience, has been appointed CEO of New Business Ventures at BCCL. With a strong background in e-commerce and digital strategy from Amazon, Tata CLiQ, and Meta India, Purohit is set to drive innovation and growth in new business areas for the company.

India's agricultural sector reached new heights with record foodgrain production of 3,309.18 LMT for 2024-25. Key crops like rice, wheat, and soybeans saw significant growth. The success is attributed to government support and advanced forecasting methods. The Ministry's third advance estimates will provide a complete picture of this achievement.