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Top News Podcast: Nomura warns of slowdown in IT sector, ‘inevitable’ wheat price rise to Navjot Singh Sidhu’s work-from-jail
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Top News Podcast: Nomura warns of slowdown in IT sector, ‘inevitable’ wheat price rise to Navjot Singh Sidhu’s work-from-jail
May 26, 2022 11:24 AM

While benchmark indices Sensex and Nifty made a comeback on Thursday after a three-day losing streak, global brokerage Nomura revised its stance on the tech sector as it sees a slowdown in the offing.

In this edition of the Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on stock markets, a ransomware attack on Spicejet, Navjot Singh Sidhu’s term in the jail, the rise in wheat prices and more.

NITI Aayog has said wheat price rise in India is unavoidable when the international prices of the commodity are on the rise as the domestic economy cannot be insulated from global developments. The public policy think tank said that one cannot attribute the wheat price rise in India to lower production.

Meanwhile, Spicejet on Wednesday said it thwarted a ransomware attack attempt, which hobbled the airline's systems and delayed multiple flights by several hours.

While the fallout was, at worst, frayed passenger tempers and tangled logistics, the incident has shifted the spotlight to the menace of ransomware attacks, which gained prominence in 2017.

Tune in to Top News Podcast for more

In case you have any queries or suggestions, please write to us at [email protected]

Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!

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