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Bengaluru-based Zetwerk posts ₹4,599cr revenue and ₹88cr net loss
Zetwerk reported an 18.3% year-on-year increase in revenue, reaching Rs 4,599 crore in Q2 FY27, driven by growth across its manufacturing and ecosystem businesses.
RBI says India's foreign exchange reserves up $2.49 billion
India's foreign exchange reserves rose by $2.49 billion to reach $719.55 billion in the week ending November 6, reversing a two-week decline.
India's nonpetroleum exports rise 18.01% to $259.22bn April-Oct 2026
India's non-petroleum exports rose by 18% to $259.22 billion from April to October, showcasing the strength of its diversified export basket beyond energy products.
Amazon builds World Product Graph to challenge Google search power
Amazon is developing the World Product Graph to consolidate global product information, aiming to counter Google's search dominance and combat emerging AI shopping tools.
Godrej Industries posts profit up 131% to ₹559.6cr, revenue ₹7,302.98cr
Godrej Industries reported a significant increase in consolidated net profit to ₹559.6 crore for Q2 FY27, with revenue from operations rising 45.1% year-on-year to ₹7,302.98 crore.
CCPA fines Ola ₹10L for 'dark pattern' pre ride tipping
The Central Consumer Protection Authority fined Ola Rs 10 lakh for its misleading "pre-ride tip" feature, identifying it as a dark pattern and an unfair trade practice.
Paytm receives RBI's in-principle approval to resume wallet business
Paytm has received in-principle approval from the Reserve Bank of India (RBI) to restart its digital wallet business.
India and Canada push to finalize CEPA by December 2026
India and Canada have concluded discussions on three chapters of the Comprehensive Economic Partnership Agreement, aiming to finalize negotiations by December 2026.
India's handset inflation at 8.65% as phones and laptops rise
Mobile phones and laptops saw significant price hikes in October, with mobile handset inflation rising to 8.65% and broader price pressures affecting 296 out of 358 tracked items.
Burberry returns to profit on back of 'back-to-basics' strategy
Burberry, the British luxury brand, has reported a pre-tax profit of £19 million for the six months ending September 26. This marks a major turnaround from last year's loss of £48 million.
Motilal Oswal Financial Services projects Bharti Airtel shares at ₹2,400
Motilal Oswal Financial Services sets a ₹2,400 target for Bharti Airtel, driven by an anticipated 10-15% industry-wide tariff hike expected by December or January.
TRAI: Jio fewer spam complaints than Airtel and Vodafone Idea
Reliance Jio recorded fewer unsolicited commercial communication complaints than Airtel and Vodafone Idea during July-September 2026, despite having the largest subscriber base.
Razorpay announces Vulcan AI catching 8x more international card fraud
Razorpay's Vulcan AI model detects 8x more international card fraud, enhancing payment success and security for businesses like Blinkit and redBus.
Vodafone Idea adopts build-and-sell digital strategy, CEO Abhijit Kishore
Vodafone Idea is transitioning from traditional connectivity to digital solutions, while focusing on premiumisation strategies to enhance average revenue per user (ARPU).
Indian markets end 3-day rally as Sensex drops 318.56 points
Indian benchmark indices ended lower on November 13, with the Nifty falling below 25,150 and the Sensex dropping 319 points amid broad-based selling across sectors.
Simplify Alpha opens Hyderabad AI center uniting healthcare and tech
Simplify Alpha™ has inaugurated its AI Engineering and Innovation Center in Hyderabad, joined by Simplify Healthcare® and SimplifyX™, to enhance AI capabilities.
India's road fuel demand to exceed 2.5 million bpd in 2034
India's road fuel demand is projected to exceed 2.5 million barrels per day by 2034, driven by increased vehicle numbers and commercial transportation growth.
Vodafone Idea says service secure as spectrum renews next month
Vodafone Idea assures no service disruptions as spectrum holdings in eight circles are up for renewal in December, despite pending auction dates from the government.
Jensen Huang steps down as NVIDIA CEO, Colette Kress interim
Jensen Huang's departure as Nvidia CEO raises questions about the future of its investments and engagement with Indian AI startups like Sarvam AI and Simplismart.
NVIDIA ships 260,000 GPUs South Korea despite Jensen Huang resignation
South Korea's Science and ICT Minister confirmed that Nvidia will fulfill its pledge to supply 260,000 GPUs, despite CEO Jensen Huang's recent resignation.
India becomes Asia's top foreign real estate market attracting $5.5bn
India has become the top destination for cross-border real estate investment in Asia, attracting $5.5 billion in foreign capital during the first nine months of 2026.
Senior government official says NVIDIA slump could boost Infosys, TCS
A senior government official suggests that the recent decline in Nvidia's market cap and reassessment of AI valuations could benefit Indian IT services firms.
RBI grants Paytm PPSL in principle approval pending cybersecurity audit
Paytm Payments Services Limited has secured in-principle authorisation from the Reserve Bank of India to issue and operate prepaid payment instruments, including digital wallets.
Sachin Tendulkar has invested in Recykal to promote recycling habits
Sachin Tendulkar has acquired a minority stake in Recykal, supporting its mission to enhance responsible waste management practices and drive behavioral change across India.
Kyndryl finds AI benefits rising, risk readiness falling in India
Sixty percent of Indian leaders report positive returns on AI investments, highlighting progress despite challenges in scaling and readiness to manage associated risks.
Howard Marks warns AI could raise global borrowing costs
Howard Marks warns that AI's escalating demand for capital, with debt issuance nearing $600 billion this year, could elevate borrowing costs and reshape credit markets.
Dish TV reports ₹295.74cr loss for July to September 2026
Dish TV India reported a consolidated net loss of ₹295.74 crore for the September quarter FY27, surpassing its revenue from operations of ₹292 crore due to increased expenses.
NVIDIA seeks new CEO after Jensen Huang stepped down
Three Indian-origin executives, Sanjay Mehrotra, Nikesh Arora, and Thomas Kurian, are top contenders to succeed Jensen Huang as Nvidia's CEO following his resignation.
NVIDIA CEO Jensen Huang resigns, global markets slip slightly
Global shares experienced modest declines as investors evaluated the implications of Nvidia CEO Jensen Huang's resignation on the artificial intelligence sector.
Standard Chartered launches Signature CIO Funds at GIFT City
Standard Chartered has launched its Signature CIO Funds from GIFT City, offering diversified international investment options to affluent clients in India.
India's October 2026 trade deficit jumps to $39.88 billion
India's merchandise trade deficit rose to $39.88 billion in October, driven by a sharp increase in imports amid global energy market uncertainties and high import costs.
Microsoft outage disrupts markets, forcing traders to rely on phones
Microsoft's recent outage has caused widespread disruption in the global trading community, affecting major players like UBS Group AG and Workhorse Group.
Indian investors drive NVIDIA trades nearly 400% on Vested Finance
Vested Finance reports a nearly 400% increase in trading activity of Nvidia shares, driven by recent controversies involving CEO Jensen Huang and broader market sell-offs.
Arihant Capital secures SEBI in principle approval for mutual funds
Arihant Capital Markets has received in-principle approval from SEBI to establish a mutual fund business, marking its strategic entry into the asset management industry.
Microsoft outage hits Outlook, Teams, Copilot, traders use phones, faxes
A major Microsoft outage disrupted global financial operations, forcing traders to revert to phone communications and alternative channels amid volatile market conditions.
India's jewelry exports jump 34% to nearly $3B in October
India's gem and jewelry sector has seen a massive jump of 34.01% year-on-year in October, hitting $2.92 billion.
Accenture offers bonuses up to 26%, freezes most salary hikes
Accenture, a global IT services company, has announced performance-linked bonuses of up to 26% for its top performers in India. The move comes as part of the November 2026 rewards cycle.
NSEIX offers Indian investors access to 7 European markets
NSE International Exchange has expanded its investment offerings to include seven European markets, enhancing Indian investors' access to over 11,500 securities and UCITS ETFs.
India retail inflation could hit 6.3% in November 2026
India may face another rate hike as November's retail inflation is expected to reach 6.3%, driven by rising food prices and spreading inflationary pressures.
Haber posted ₹200cr revenue FY26 up 38.7% net loss ₹11.24cr
Haber's revenue surged to Rs 215 crore in FY26, reducing its net loss by over half, as expense growth lagged behind revenue increases.
Berkshire Hathaway to raise $1.14 billion via yen bonds
Berkshire Hathaway aims to raise 182.3 billion yen ($1.14 billion) through a five-part bond sale in Japan, offering maturities from three to 30 years with high credit ratings.
NVIDIA loses $1.6T as stock heads for sixth weekly decline
NVIDIA, once the world's most valuable company for most of this year, is facing a major market downturn.
SEBI proposal sends mistaken trade profits to Investor Protection Fund
Brokers oppose SEBI's proposal to divert profits from erroneous trades to the Investor Protection Fund while requiring brokers to bear all associated losses.
Airtel founder Mittal says India targets 6G launch by 2030
Sunil Bharti Mittal, founder of Bharti Airtel, announced that India plans to roll out 6G by 2030, featuring advanced sensing technologies and significantly faster communication.
Bharti Group rules out majority control of Eutelsat OneWeb
The Bharti Group is considering increasing its stake in Eutelsat OneWeb to around 30%, matching the French government's holding.
Dubai airport operator suspends SpiceJet check-in over ₹35.85 crore dues
Dubai Airports, which operates Dubai International Airport and Al Maktoum International Airport, has suspended check-in services for Indian airline SpiceJet due to non-payment of around 14 million UAE dirhams (approximately ₹35.85 crore).
SpiceJet jumps 5% to ₹8.67 on fund raising plans
SpiceJet shares hit a 5% upper circuit after announcing a board meeting to consider fresh capital raise, despite facing operational challenges and rising crude oil prices.
SpaceX-Tesla merger could be announced as early as next month
SpaceX and Tesla Inc are in advanced talks to merge their businesses, Bloomberg reported.
Accenture India awards November performance bonuses 8% to 26%
Accenture India has introduced performance-linked bonuses of up to 26% for top performers, while salary hikes remain largely on hold during the November 2026 rewards cycle.
Motilal Oswal maintains buy on GNG Electronics, sets ₹840 target
Motilal Oswal recommends buying GNG Electronics, setting a target price of Rs 840, citing strong fundamentals and growth potential despite recent market corrections.
NSE shares cross ₹2,000 for 1st time since IPO
NSE shares reached a new peak of ₹2007.60 on the BSE, surpassing the ₹2000 mark for the first time since their IPO listing.
Tech leaders react to Jensen Huang's ouster from NVIDIA
NVIDIA CEO Jensen Huang has stepped down from his position following allegations of two affairs, one with a suspected Chinese spy and another with a direct report.
Jensen Huang resigns and Colette Kress named interim NVIDIA CEO
Nvidia's search for a new CEO begins as Jensen Huang resigns amid controversy, with internal and external candidates being considered to lead the AI powerhouse.
IndiGo email support offline after Microsoft outage, use 6E Skai
IndiGo's email support was disrupted due to a global Microsoft outage, prompting the airline to advise passengers to use alternative support channels for assistance.
Bitcoin falls to 3-month low of $68,850
Bitcoin has plunged to a near three-month low of $68,850.76 in early trading today.
Mercedes-Benz pauses spending at German plants amid leaked shutdown warnings
Mercedes-Benz has halted all investment in its German plants due to high production costs and unresolved labor cost negotiations, potentially leading to site closures.
NVIDIA shares drop 29% wiping $1.6T as Jensen Huang resigns
Nvidia's stock is on track for its longest weekly losing streak since 2012, with a $1.6 trillion market value drop following CEO Jensen Huang's resignation.
'I'm a piece of sh--': Huang's final hours at NVIDIA
Jensen Huang, the co-founder and CEO of NVIDIA Corporation, has resigned from his position amid allegations of infidelity.
Motilal Oswal recommends buy on Page Industries with ₹40,000 target
Motilal Oswal recommends a buy rating for Page Industries, setting a target price of Rs 40,000 due to anticipated strong revenue and EBITDA growth over the coming years.
Motilal Oswal recommends Turtlemint, sets ₹75 target after strong growth
Motilal Oswal recommends a buy rating for Turtlemint, setting a target price of Rs 75, as the company shows strong revenue growth and improved EBITDA margins.
Motilal Oswal backs NMDC with ₹85 target after revenue beat
Motilal Oswal maintains a bullish stance on NMDC, recommending a buy with a target price of Rs 85, citing strong revenue performance and favorable valuation metrics.
Who's Krishna Rao, Anthropic CFO set for ₹7,000 crore windfall?
Anthropic, the company behind Claude AI, is gearing up for its initial public offering (IPO). The AI firm is eyeing a staggering valuation of up to $1.4 trillion.
Cognizant CFO Dalal: AI agents could handle 40% client projects
Cognizant CFO Jatin Dalal suggests AI agents could soon handle 40% of client work, influencing the size of its human workforce based on company growth.
Motilal Oswal sets ₹5,900 target for Hindustan Aeronautics Limited
Motilal Oswal maintains a bullish stance on Hindustan Aeronautics, setting a target price of Rs 5900, following strong performance and promising future project execution.
Anthropic Nasdaq IPO Nov 19 priced $70-$78 Indian tax implications
Indian investors in Anthropic's IPO face tax considerations, including 20% TCS on LRS remittances over ₹10 lakh and capital gains tax in both India and the US.
Jensen Huang agrees to testify before US Congress
Jensen Huang, the former CEO of NVIDIA, has agreed to testify before US Congress.
Nikkei surges 7.3% in biggest weekly gain in 5 months
Japan's Nikkei is poised for its largest weekly gain in five months, driven by upbeat corporate earnings and renewed optimism in AI stocks, despite concerns surrounding Nvidia.
Trump urged Huang to retain his position as NVIDIA CEO
US President Donald Trump personally called NVIDIA CEO Jensen Huang on Tuesday, urging him to fight for his position, The New York Times reported.
Sunil Bharti Mittal urges India to control satellite kill switch
Sunil Bharti Mittal emphasizes the importance of India maintaining control over its satellite "kill switch," cautioning against dependence on external entities.
Trump wants Tim Cook to take over as NVIDIA CEO
NVIDIA is on the lookout for a new CEO after Jensen Huang's resignation amid scandalous allegations, including one involving a suspected Chinese spy.
Jensen Huang often belittled the woman now leading NVIDIA
Before his sudden exit from NVIDIA, CEO Jensen Huang and CFO Colette Kress had a rocky relationship.
Sunil Mittal outlines Airtel AI cloud and data center expansion
Sunil Bharti Mittal identifies AI data centers, sovereign cloud, and financial services as key investment areas to transform Airtel’s business model over the next five years.
Sensex recovers to 81,726 as Nifty rises above 25,200
Sensex rebounded over 450 points from its intraday low, while Nifty climbed above 25,200, driven by firm global cues and sustained foreign institutional buying.
Bitcoin falls 6.64% to $68,850.76 amid US Bitcoin ETF outflows
Bitcoin dropped 6.6% to $68,850.76, its lowest in nearly three months, driven by institutional selling and concerns over tighter US monetary policy.
Houthi attacks on Saudi energy sites push oil above $95
Oil prices exceeded $95 per barrel as Houthi attacks on Saudi facilities intensified, with Brent and WTI futures showing significant gains amid escalating regional conflicts.
Jensen Huang reportedly had a 3rd extramarital affair
Jensen Huang, the former CEO of NVIDIA, was involved in an intimate relationship with a second employee at the company, Reuters reported
Costco expands Hyderabad tech hub for AI and cybersecurity operations
Costco plans to expand its technology presence in India, focusing on AI and cybersecurity, with its Hyderabad centre playing a crucial role in global operations.
Ashok Soota's Happiest Health to invest ₹500cr in tech
Happiest Health, led by Ashok Soota, plans a Rs 500-crore technology investment over five years, with nearly half allocated to expanding its digital healthcare business using AI.
Samsung eyes $6B company that keeps AI data centers cool
Samsung Electronics is said to be in talks to acquire Modine Manufacturing Company, a US-based specialist in data center cooling systems.
NVIDIA commits $10B to Anthropic after Jensen Huang resignation
Nvidia's $10 billion pledge to Anthropic highlights its strategic role in AI financing, as chip guarantees bolster the industry's borrowing capabilities.
NVIDIA P/E at 12 after Jensen Huang resignation and scandals
Nvidia's stock valuation has hit its lowest point since 2012, following CEO Jensen Huang's resignation and concerns over a potential slowdown in AI data center growth.
Flowers and candle at NVIDIA sign after Jensen Huang exit
Bouquets and a candle appeared outside Nvidia's headquarters after CEO Jensen Huang resigned, creating a scene reminiscent of a memorial amid leadership turmoil.
Carlsberg India plans $600 million January 2027 IPO seeking $4B valuation
Carlsberg India plans to launch a $600 million IPO in January 2027, seeking a $4 billion valuation as its Danish parent prepares to sell a 15% stake.
Drew Pettit says NVIDIA strong but future depends on talent
Roundhill's Drew Pettit suggests Nvidia's leadership change may diversify AI investments, while India emerges as a promising hedge within emerging markets for global investors.
Sachin Bansal investing $20-$30 million in Manav Garg's agentic commerce startup
Sachin Bansal is set to invest $20-30 million in Manav Garg's new agentic commerce startup, following Garg's departure from his role as executive chairman at Emergent.
Sensex slips 400 points, Nifty holds above 25,100 amid profit-taking
The domestic equity market experienced a downturn as the Sensex fell over 400 points, with HDFC Bank and Mahindra & Mahindra leading the declines.
Indian markets open flat as Nifty eyes 3rd weekly rise
Sensex and Nifty opened flat on Friday after recent gains, as stable foreign inflows supported markets while rising Brent crude prices and domestic inflation weighed on sentiment.
Bitcoin falls below $70,000 and $1.3bn futures wiped out
Bitcoin fell below $70,000 early Friday, triggering large liquidations in the futures market as geopolitical tensions in the Middle East intensified.
RBI could raise rates in fiscal 2027 amid weather risks
Uneven monsoons and potential El Nino conditions could increase food inflation risks in FY27, prompting the RBI to consider another interest rate hike.
India's deep tech exits remain lengthy, Kris Gopalakrishnan urges acquisitions
India's deep-tech startups are attracting more capital, but Kris Gopalakrishnan emphasizes the need for increased mergers and acquisitions to provide earlier investor exits.
Sensex and Nifty to open flat as $8B foreign inflows
Indian markets are poised for a flat opening as rising oil prices and inflation concerns counterbalance sustained foreign fund inflows, while Asian markets show mixed performance.
Fourteen-session foreign inflows lift Indian markets despite dip risk
Indian equity benchmarks are likely to open in the red as foreign inflows face pressure from potential dollar-demand surges, challenging the recent rally's momentum.
Claude maker Anthropic IPO excludes India from global retail offering
Indian investors face challenges accessing Anthropic's IPO, as India is excluded from the company's international retail offering, but post-listing purchases remain an option.
Jensen Huang resigns after affair admission, Colette Kress interim CEO
Jensen Huang's sudden resignation leaves Colette Kress as interim CEO, facing the daunting task of maintaining Nvidia's growth amid supply chain issues and geopolitical tensions.
Sunil Bharti Mittal says Bharti open to 30% OneWeb stake
Sunil Bharti Mittal reveals plans for Bharti Group to increase its stake in Eutelsat OneWeb to 30%, while maintaining the company's European identity and avoiding majority control.
Fed's John Williams says US inflation must return to 2%
Federal Reserve Bank of New York President John Williams emphasized that US inflation remains excessively high, necessitating further policy actions to achieve the 2% target.
SpaceX announces $74B supercomputing campuses at Starbase Texas, proposed Arizona
SpaceX plans to invest over $74 billion in AI supercomputing campuses at its Starbase site in Texas and a new location in Cochise County, Arizona.
NVIDIA shares hit 7 month low after Jensen Huang resignation
Retail investors purchased $111 million in Nvidia shares during the first 30 minutes of trading, following CEO Jensen Huang's resignation amid a scandal.
NVIDIA shares fall 6.04% after CEO Jensen Huang stepped down
Nvidia shares fell 6.04% amid CEO Jensen Huang's resignation, affecting 13 Indian mutual fund schemes with exposure up to 12.12%, raising concerns about portfolio volatility.
Survey: Most NVIDIA employees were millionaires before Jensen Huang resigned
Nvidia's AI-driven success turned many employees into millionaires, but Jensen Huang's sudden exit and market volatility now cast uncertainty over their fortunes.
NVIDIA drops over $1 trillion amid leadership and AI worries
Nvidia has lost over $1 trillion in market value within a month following CEO Jensen Huang's resignation amid scandal, causing him to drop to 13th on Forbes' rich list.
MeitY probes apps' use of worker footage for AI training
MeitY is scrutinizing home services platforms' data practices, while investor concerns over US data centre regulations could shift focus to India's tech-friendly environment.
RBI approves Pratap Singh as Fino Payments Bank MD CEO
Fino Payments Bank has received RBI approval for Pratap Singh's appointment as MD & CEO, effective November 27, 2026. The bank's stock rose 1.21% on Thursday.
Samsung reportedly seeks to buy Modine Manufacturing amid AI demand
Samsung Electronics is in discussions to acquire Modine Manufacturing, a US data center cooling specialist, driving Modine's shares up 28% amid rising AI infrastructure demand.
Gold falls to about $3,880, lowest in over a year
Gold prices hovered near a 13-month low at $3,880 an ounce as rising US inflation bolstered expectations of Federal Reserve rate hikes, while oil surged towards $96 a barrel.
Senate panel seeks answers from Jensen Huang and Howard Lutnick
The US Senate Banking Committee has requested testimony from Jensen Huang and Howard Lutnick regarding national security concerns and alleged Chinese espionage.
Asian markets rise after NVIDIA CEO Jensen Huang resigns
Asian markets edged higher as investors assessed the impact of Nvidia CEO Jensen Huang's resignation, with South Korea's Kospi climbing 2% and Japan's Nikkei advancing 1.48%.
Japanese yen dips past 160 per dollar amid intervention speculation
The yen rebounded after briefly breaching the 160-per-dollar level, amid speculation of potential intervention by Japanese authorities to defend the currency.
AI assistants buy with credit cards, Stripe backs, JPMorgan cautious
AI bots are now making purchases with credit cards, prompting banks to address potential fraud risks and adapt to evolving consumer payment technologies.
Jensen Huang suddenly resigns November 12 as chip stocks react
Shares of AMD and Broadcom surged up to 5% following Nvidia CEO Jensen Huang's resignation, as investors anticipated opportunities for competitors in the AI semiconductor market.
Blackstone arranges $200 million loan to refinance ASK Investment Managers' debt
Blackstone is securing a $200 million loan to refinance ASK Investment Managers' existing credit line, maturing in 2027, with four banks leading the transaction.
Jensen Huang to forfeit $108 million unvested RSUs under NVIDIA policy
Jensen Huang, ousted from Nvidia, relinquishes $108 million in unvested equity, a mere 0.08% of his $138.4 billion net worth according to Bloomberg's Billionaires Index.
Kalyan Jewellers stock hits yearly high after 64% profit surge
Kalyan Jewellers India achieved a 64% net profit increase, driving its stock to a 52-week high, fueled by robust festive demand and market-share gains from unorganized competitors.
NVIDIA's $500B AI funding plan falters after Jensen Huang ouster
Nvidia faced increasing pressure to enhance its 25% residual value support for AI financing deals before CEO Jensen Huang's unexpected departure added further uncertainty.
Jensen Huang exits NVIDIA CEO role over Beijing businesswoman ties
US President Donald Trump reportedly called Jensen Huang, urging him to fight for his position as Nvidia's CEO amid controversies surrounding his personal relationships.
Democrats probe Trump administration profit from NVIDIA H200 China sales
Democrats have initiated an inquiry into Nvidia's chip sales to China, questioning the legality of a revenue-sharing deal with Trump and CEO Jensen Huang's alleged misconduct.
Foreign inflows of ₹75,000cr drive 2 week Indian market rally
Indian equity benchmarks extended their winning streak as Foreign Portfolio Investors injected over ₹75,000 crore in November, despite domestic investors booking profits.
Blue tsunami raises investor fears over US data center moratoriums
The recent "Blue Tsunami" in US midterms has sparked investor concerns over potential data centre moratoriums, prompting some to consider alternatives like India.
MSCI to add 4 Indian companies to Emerging Markets index
MSCI will include Life Insurance Corporation of India, Coforge, Adani Green Energy, and Meesho in its Emerging Markets Standard Index effective November 30.
Tata Sons declines Noel Tata's recording request for Chandrasekaran reappointment
Tata Sons has refused Noel Tata's request for a recording of the September 17 board meeting where N Chandrasekaran was reappointed as chairman.
Binance fully reimburses users after $6.34 billion October 29 hack
Binance has replaced the $6.3 billion in cryptocurrency stolen during a historic hack, using company funds to cover the losses and restore customer assets.
Yen drops to 160 per dollar after record government intervention
After a year of volatility, the yen's unpredictable movements and conflicting economic signals have made it increasingly difficult for investors to trade confidently.
Nebius plans $40B 2027 spending via prepayments and contract loans
Nebius plans to invest $40 billion in 2027, leveraging customer pre-payments and loans, despite facing project delays and potential financial risks.
Cisco posts Q1 beat with $18.5B revenue, $9B AI forecast
Cisco exceeded earnings expectations with a 24% revenue increase and forecasts its AI infrastructure revenue to double this fiscal year, driven by demand from hyperscalers.
US stocks dip as NVIDIA plunge fuels tech selloff
US stocks fell as Nvidia's shares dropped following CEO Jensen Huang's departure, overshadowing gains in the energy sector.
Cerebras Systems stock rises 13% after Microsoft partnership, Q3 $230.9 million
Cerebras Systems' stock jumped 13% after surpassing revenue expectations and announcing a new partnership with Microsoft, boosting investor confidence in its growth prospects.
US 10-year Treasury yield hits 5.125%
The 10-year U.S. Treasury yield climbed above 5% as oil prices increased, driven by geopolitical tensions and expectations of further Federal Reserve interest rate hikes.
Federal Reserve reduces 2027 rate-setting meetings to 7 from 8
The Federal Reserve will hold seven rate-setting meetings in 2027, with an October session dedicated to broader monetary-policy strategy, as announced by Chairman Kevin Warsh.
Donald Trump Jr. exits Kalshi after 1789 Capital $300 million investment
Kalshi announced it is severing ties with Donald Trump Jr. after his firm, 1789 Capital, invested $300 million in rival Polymarket during a major funding round.
Delhivery to scale intracity fleet to nearly 20,000 EVs, ₹80-₹100cr
Delhivery plans to expand its intracity fleet to 20,000 vehicles within five years, focusing exclusively on electric vehicles to reduce transportation costs and fuel dependency.
Gold plunges 2.7% to $3,880.93, lowest since Oct 2025
Gold prices fell 3% to a more-than-one-year low as rising oil prices and fading Middle East peace hopes fueled inflation fears, impacting interest rate expectations.
India issues rules to protect bar decisions for foreign companies
The Central Board of Direct Taxes (CBDT) has issued revised guidelines, allowing foreign companies to seek international resolution of tax disputes even after a BAR decision.
Rajan Anandan: India boosts AI with 10x GPUs, affordable models
Peak XV's Rajan Anandan emphasizes that affordability is crucial for AI success in India, as the country focuses on developing cost-effective models with smaller parameters.
Bitcoin drops below $71,000 after NVIDIA CEO Jensen Huang resigns
Bitcoin's price dropped to around $71,000 following Nvidia CEO Jensen Huang's resignation and significant ETF outflows totaling $1.44 billion over five days.
Karnataka aims 24 GW, needs over 3L/cr, prioritizes renewables
Karnataka aims to achieve a 24 GW installed power capacity within five years, necessitating over ₹3 lakh crore investment, focusing on renewable energy and sustainable development.
Federal Reserve to skip October 2027 rate vote, Chair Warsh
The Federal Reserve announced that its October 2027 meeting will focus on strategic discussions, foregoing the usual interest-rate vote to reduce its market footprint.
Who is Colette Kress, NVIDIA's new CEO?
NVIDIA has appointed Colette Kress as its interim CEO after Jensen Huang's sudden resignation today.
NVIDIA shares plunge 12% as Jensen Huang resigns
NVIDIA's shares have taken a major hit, falling by 12% in pre-market trading, after CEO Jensen Huang announced his resignation.
Jensen Huang resigns as NVIDIA CEO amid scandals
NVIDIA has announced a major leadership change with the resignation of its long-time President and CEO, Jensen Huang. The decision is effective immediately.
Haldiram's kicks off $1B IPO preparations, eyes $10B valuation
Haldiram Snacks Food, a leading manufacturer of traditional Indian sweets and snacks, has kicked off the process for its initial public offering (IPO).
Noel Tata steps down from Tata Investment
Noel Tata has stepped down as the chairman of Tata Investment Corporation, a position he held for 16 years.
Kia's $2B investment in Andhra plant to create 12,000 jobs
Kia has announced its plan to invest around $2 billion in a new manufacturing facility in Andhra Pradesh.
India's stock market becomes 5th-largest, surpasses Taiwan
India's stock market has reclaimed its position as the world's fifth-largest, surpassing Taiwan.
Why replacing Jensen Huang as NVIDIA CEO won't be easy
NVIDIA, the world's most valuable company until recently, is facing a leadership crisis.
India's inflation jumps to 6.09%, breaches RBI's upper limit
India's retail inflation surged to 6.09% in October, up from September's 5.54%.
Adani seeks $2.5B loan to refinance Ambuja, ACC acquisition debt
The Adani Group is in talks with a consortium of international banks, including MUFG, Barclays Bank, and Sumitomo Mitsui Banking Corporation (SMBC), to raise a $2.5 billion loan facility.
Andhra Pradesh to sign 303 MoUs worth ₹9.89 lakh crore
Andhra Pradesh Chief Minister N Chandrababu Naidu has announced that the state will sign 303 memoranda of understanding (MoUs) worth ₹9.89 lakh crore at the CII Partnership Summit.
Paytm's UPI market share rises just 1% in 2 years
Paytm has witnessed a one percentage point increase in its market share over the last two years.
Ola Electric's revenue falls by 39% in Q2
Ola Electric, one of India's leading electric vehicle manufacturers, has reported a 39% year-on-year decline in its revenue for the second quarter of FY27.
AI will create more jobs than it displaces: Gartner
A recent report by Gartner has predicted that artificial intelligence (AI) will create more jobs than it displaces by 2030.
NVIDIA shares are down 29%: Is it time to buy?
NVIDIA, the leading AI chipmaker, has been hit by a storm of market conditions.
NVIDIA's biggest server maker beats estimates with 34% profit jump
Foxconn, the world's largest contract electronics manufacturer, has reported a 34% increase in its third-quarter profit.
Amazon, Google could make over $400 billion from Anthropic IPO
Anthropic, the company behind Claude AI, is gearing up for a massive initial public offering (IPO) that could raise $64 billion.
ITC hikes Gold Flake cigarette prices by ₹10
ITC Ltd has hiked the price of its Gold Flake Premium cigarettes by ₹10 per pack.
Alice Huang back in Beijing as Jensen Huang scandal deepens
Alice Huang, a former executive at a Singapore-based data center company and the woman at the center of NVIDIA CEO Jensen Huang's cheating scandal, is believed to have returned to China.