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IEA: Renewables saved India $100bn, could near $240bn by 2030
India's renewable energy growth has avoided over $100 billion in fuel imports since 2011, with projected savings reaching $240 billion by 2030, according to the IEA.
Unacademy leaders change: Gaurav Munjal executive chairman, Akhilendra Kumar CEO
Gaurav Munjal transitions from CEO to Executive Chairman of Unacademy, with Akhilendra Kumar stepping in as the new CEO following upGrad's acquisition.
Cupid Ltd posts FY2027 Q2 profit more-than-doubled to 56.2cr
Cupid Ltd's Q2 FY27 net profit more than doubled to ₹56.2 crore, while revenue from operations increased significantly to ₹188 crore compared to the previous year.
Saudi output up 26% to 10.56mbd, global oil down 21%
Saudi Arabia increased its crude oil production by 26% in October, reaching 10.56 million barrels per day, the highest level since the conflict began.
Bengaluru fintech reports suspected cyber fraud totaling 31.43cr, 68.48L returned
A Bengaluru-based fintech company has reported a cyber fraud involving 301 unauthorised transactions, resulting in a loss of ₹31.43 crore from its escrow account.
Japan and Andhra Pradesh to build 2nd Japanese industrial cluster
Japan's Ambassador to India, Keiichi Ono, expressed interest in establishing a second Japanese Industrial Cluster in Andhra Pradesh.
Air India trims H1 FY2026-27 losses by ₹2,013cr to ₹10,837cr
Air India's total losses decreased to an estimated ₹10,837 crore in the first half of FY2026-27, down from ₹12,850 crore a year earlier.
Xiaomi exploring Indian partnerships to locally manufacture Mijia home appliances
Xiaomi is seeking local partners to manufacture home appliances in India, while electronics firms are expanding into AI infrastructure to capitalize on growing global demand.
Amul increases pouch milk prices by ₹2-4 per liter
Amul has announced a 4–5% increase in milk prices across India, effective November 12, 2026, citing rising input costs and ensuring better returns for farmers.
Mortgage rate for 30-year fixed hits 7.3% after inflation report
Mortgage rates increased by 12 basis points to 7.30% on Tuesday, ending a four-week decline, following a hotter-than-expected inflation report.
Hwashin and Seoyon to invest ₹1,370cr in Tamil Nadu
Two South Korean automotive companies, Hwashin and Seoyon E-Hwa, plan to invest a combined ₹1,370 crore in Tamil Nadu over the next five years.
Tata Power Q2 PAT jumps 33% to 1,652cr
Tata Power reported a 33% year-on-year increase in profit after tax to Rs 1,652 crore, with revenue rising 26%, reflecting robust operational growth and strategic initiatives.
Kerala Chief Minister V.D. Satheesan to inaugurate Dhanlaxmi Bank centenary
Dhanlaxmi Bank will commence its year-long centenary celebrations on November 14 in Thrissur, with Keralam Chief Minister V.D. Satheesan inaugurating the event.
Baird cuts NVIDIA target to $200 and downgrades to neutral
Baird downgraded Nvidia to Neutral, cutting its price target by 60% to $200, citing potential AI spending slowdown and leadership uncertainty.
ITV to cut £30m this year amid falling ad revenues
ITV plans to reduce costs by £30m this year as it faces declining advertising sales and economic uncertainty, with ad revenues expected to fall significantly in the final quarter.
Moody's sees India outpacing China in GDP growth by 2028
Moody’s projects India’s economy to grow at 7% by 2028, outpacing China's projected 4%, driven by strong domestic consumption and improving investments.
Singapore Airlines announces more than S$2 billion long-haul cabin upgrades
Singapore Airlines is investing over S$2 billion to revamp its long-haul cabins, introducing features like double beds, sliding doors, and larger entertainment screens.
Markets reopen after Diwali, Sensex up 772.75 points Nifty 25,255.05
The Nifty 50 ended at 25,255.05, up 0.84%, after reaching an intraday high of 25,424 as US inflation concerns tempered early gains.
Smytten's PulseAI research shows brands how Indians shop, 200+ companies
AI-powered platforms like PulseAI Research help brands understand discrepancies between stated preferences and actual purchases by analyzing consumer behavior patterns in India.
Singapore Airlines 25.1% stake records S$361.7m loss and 29.5% drop
Air India reported an estimated net loss of ₹10,800 crore in the first half, leading Singapore Airlines to absorb a S$361.7 million equity-accounted loss.
SFO Technologies and Cochin Shipyard unveil India's automated HLAW system
SFO Technologies and Cochin Shipyard have launched India's first indigenously designed Hybrid Laser Arc Welding technology, enhancing domestic manufacturing capabilities.
India bans export of lithium-ion battery black mass for recycling
India has prohibited the export of lithium-ion battery black mass to enhance domestic recycling, aiming to process critical minerals like lithium and cobalt within the country.
Why global insulin supply is at risk
The surge in demand for GLP-1 weight-loss medications like Novo Nordisk's Ozempic and Eli Lilly's Mounjaro is raising concerns over the potential impact on diabetes treatments such as insulin.
India's economy to grow 7% in FY27, says Moody's
Moody's has revised its growth forecast for the Indian economy, projecting a robust expansion of 7% in the current fiscal year.
Centre approves ₹62,370cr fertilizer subsidy for rabi season
The Union Cabinet has approved a massive ₹62,370 crore fertilizer subsidy for the ongoing rabi season.
Closing auction lifts Nifty over 2% to 25,250, Sensex rises
On November 11, the Closing Auction Session saw Nifty surge over 2% to 25,600 before closing at 25,250, while Sensex spiked by 375 points.
Eternal formerly Zomato hits record high after 375% IPO gain
Eternal's stock has surged 375% from its ₹76 IPO price to ₹361, driven by strong execution in quick-commerce and improved profitability despite competitive pressures.
Government clears over 9,000cr to keep Mudra, Stand-Up India running
The Union Cabinet has sanctioned over Rs 9,000 crore to extend the Pradhan Mantri Mudra Yojana and Stand-Up India schemes until March 31, 2031.
Brazil fines Meta over 'manipulation' in presidential election
Brazil's Superior Electoral Court (TSE) has slapped a fine of 7.5 million reais ($1.3 million) on Meta, the parent company of Facebook, WhatsApp, and Telegram.
IIM Bangalore, ET to host AI Business Masterclass Awards
The Economic Times, in collaboration with IIM Bangalore, will host the 2026 AI Business Transformation Masterclass to explore enterprise AI adoption and innovation on November 19.
Oil prices climb about 1% after Iran bars nuclear material
Oil prices increased by about 1% after Iran declared it would not allow any enriched nuclear material to leave the country, impacting market dynamics and geopolitical tensions.
Indian stocks rally as Sensex and Nifty hit 8-month highs
Sensex surged 772 points, closing at 81,979.40, while Nifty ended at 25,255.05 as easing crude oil prices and strong foreign fund inflows boosted the Indian stock markets.
AMFI: 59L SIPs stopped, 51L started in October 2026
In October, the SIP stoppage ratio reached 116%, as 5.9 million SIPs were discontinued or completed, surpassing the 5.1 million new registrations, according to Amfi data.
Indian Overseas Bank hikes 444-day deposit rates to 6.75%, 6.85%
Indian Overseas Bank has increased interest rates on 444-day term deposits by up to 15 basis points, effective November 10, 2026. Senior citizens receive additional benefits.
NCDEX launches India's 1st HMS 80:20 steel scrap futures contract
NCDEX has introduced India's first steel scrap futures contract, aiming to enhance market transparency and provide industry participants with a tool to hedge against price risks.
Piyush Goyal meets Maninder Sidhu to push CEPA talks
India and Canada are working to advance negotiations on a Comprehensive Economic Partnership Agreement, aiming to enhance bilateral commerce and investment opportunities.
Kyndryl: 60% Indian leaders report AI gains, 27% risk preparedness
Indian companies are experiencing positive returns from AI investments, but their readiness to manage associated risks is decreasing, according to a Kyndryl report.
NVIDIA shares rise 4.5% premarket amid Jensen Huang affair allegations
Nvidia's stock rose 4.5% in premarket trading Wednesday, rebounding after a two-day decline following revelations about CEO Jensen Huang's alleged affair with a Chinese spy.
Piyush Goyal meets Maninder Sidhu to accelerate CEPA talks
Union Commerce Minister Piyush Goyal met Canada's Trade Minister Maninder Sidhu to discuss advancing the India-Canada Comprehensive Economic Partnership Agreement negotiations.
ExxonMobil signs memorandum of understanding to explore Venezuelan oil
ExxonMobil is exploring new opportunities in Venezuela after signing a memorandum of understanding with the Venezuelan government, nearly two decades after exiting the country.
Global stocks climb as Taiex surges on TSMC AI investments
Global equity markets experienced an upward trend driven by strong AI chip demand, despite Wall Street's retreat following higher-than-expected US inflation data for October.
India inflation forecast 5.9%-6.2% to breach RBI limit October 2026
India's retail inflation is projected to reach 6% in October, breaching the Reserve Bank of India's upper tolerance limit and potentially prompting further interest rate hikes.
Redington's SSG to play bigger role after 39% jump
Redington anticipates significant growth from its Software Solutions Group over the next three to five years, while AI infrastructure demand remains robust.
Santa Clara startup Figure AI seeks overnight humanoid robot babysitters
A California-based robotics startup, Figure AI, is offering up to $45 an hour for a night-shift coordinator to supervise humanoid robots and ensure smooth operations overnight.
RentoMojo posts Q2 FY 2027 revenue and PBT increases
RentoMojo reported a 52.69% year-on-year revenue growth in Q2 FY27, marking its first quarterly results since listing, with profit before tax rising by 54%.
Deutsche Bank launches custody service for institutional crypto in Europe
Deutsche Bank has introduced its digital asset custody service for paying clients, aiming to enhance digital market adoption among European banks, Reuters reported.
Jensen Huang urges US China cooperation on AI chips
Jensen Huang, CEO da Nvidia, afirmou à BBC que a tecnologia computacional não constitui uma preocupação de segurança nacional para os EUA.
Equity mutual fund inflows fall 14% to ₹32,994cr in October
India's mutual fund industry witnessed a turnaround in October 2026, with net inflows of ₹1.74 lakh crore. This is a stark contrast to the outflows of ₹1.33 lakh crore seen in September.
Brands warn 7.74% food inflation and rate rises squeeze consumers
Corporate leaders highlight concerns over discretionary spending due to rising food inflation, increasing interest rates, and AI-driven job losses impacting household budgets.
Mother Dairy milk to become costlier in India from tomorrow
Mother Dairy, one of India's leading dairy brands, has increased the prices of its liquid milk products by ₹2-4 per liter.
Larsen & Toubro wins up to ₹2,500cr Noida Metro contract
Larsen & Toubro (L&T) has received a 'significant' order, valued between ₹1,000-2,500 crore, to construct a 15.1-km elevated corridor for the Noida Metro Aqua Line Extension.
Krishna Rao keeps $703 million stake as Anthropic prepares IPO
Krishna Rao, Anthropic's first CFO, holds an equity stake valued at approximately $703 million based on the company's proposed IPO price range. He owns nearly 9.5 million shares.
Logitech gives 7,000 staff a day off for GTA VI
Logitech is granting its 7,000 employees a day off to play video games, aligning with the anticipated _GTA VI_ launch to promote work-life balance and productivity.
Hindalco stock hovers near ₹958 with active trading, positive sentiment
Shares of Hindalco Industries traded at ₹958, slightly down by 0.21% from the previous day, as analysts maintained bullish outlooks following a strong Q2FY27 performance.
Microsoft urges US to rethink possible Chinese-made optical transceiver ban
Microsoft has cautioned the US government that a proposed FCC ban on Chinese optical transceivers could severely disrupt data center operations across the country.
Foreign investors pour $7.5bn into India, favoring tech and telecom
Foreign institutional investors have injected $7.5 billion into Indian equities over 15 sessions, with significant inflows concentrated in the telecom and technology sectors.
Amex restores deducted reward points after customer backlash
American Express (Amex) has reversed its decision to deduct reward points from cardholders' accounts.
Google rolls out TPUs to cloud providers, boosting HBM demand
Google's growing AI chip business is creating new opportunities for Samsung and SK hynix, as demand for high-bandwidth memory extends beyond Nvidia's GPU ecosystem.
Michael Burry backs NVIDIA despite Jensen Huang affair, $430bn loss
Michael Burry sees a near-term trading opportunity in Nvidia despite CEO Jensen Huang's controversy, dismissing fears of long-term business impact.
Moody's raises India's FY27 growth to 7% citing energy diversification
Moody's has increased India's fiscal year 2027 growth estimate to 7%, citing broad-based economic momentum and resilience to energy supply shocks.
American Express restores points after mass November 9 balance drops
American Express has reversed its decision to deduct reward points from cardholders' accounts following widespread complaints and threats of escalation to regulatory authorities.
Sensex falls 550 points as Nifty slips below 25,300
Sensex dropped 550 points from its day's high, while Nifty slipped below 25,300 due to profit booking and sectoral declines in IT and real estate.
Bajaj Finance to raise ₹11,700cr via QIP to fund expansion
Bajaj Finance plans to raise Rs 11,700 crore through a qualified institutional placement to bolster its capital base and support business expansion, with shares trading higher.
Maninder Sidhu makes 3rd India visit for CII Partnership Summit
Canada’s Minister of International Trade, Maninder Sidhu, will visit India for the third time in three months to strengthen trade ties and advance CEPA negotiations.
OpenAI acquires an AI travel start-up called Odessia
OpenAI has acquired Odessia, an AI travel agent founded by Sonder founder Francis Davidson.
Morgan Stanley cuts SK hynix target 38% while Nomura optimistic
Morgan Stanley and Nomura present contrasting views on the sustainability of the AI-driven memory chip boom, with differing price targets for SK hynix and Samsung Electronics.
HDFC Bank shareholders approve Anup Bagchi as MD and CEO
HDFC Bank shares rose 1.70% to ₹811.70 after shareholders approved Anup Bagchi as MD and CEO, amid institutional optimism and a strong Bank Nifty performance.
Chinese drugmakers adopt AI medical chat apps amid marketing crackdown
Chinese pharmaceutical companies are leveraging AI-powered apps to connect with doctors, as traditional marketing channels face disruption due to a crackdown on graft.
Qualcomm begins India layoffs with 2 weeks severance and bonus
Qualcomm's layoffs in India include a severance package with base pay, tenure-based compensation, and benefits. The package varies by service length and individual agreements.
Motilal Oswal sets ₹850 IIFL target after ₹64.1 billion raise
Motilal Oswal recommends a buy on IIFL Finance, setting a target price of Rs 850, following a significant capital raise and strategic investment led by Blackstone.
How Jensen Huang handled his return to NVIDIA headquarters
NVIDIA CEO Jensen Huang returned to the company's Santa Clara, California headquarters on Monday. This was a day after he admitted to an extramarital affair.
Anthropic IPO, CoreWeave earnings boost AI and Indian tech stocks
AI-related stocks, including Netweb Technologies and E2E Networks, rose up to 9% on November 11, driven by Anthropic's blockbuster IPO and strong earnings from CoreWeave.
Brazil fines Meta $1.3 million Lula says it boosted Flavio Bolsonaro
Brazil's electoral court fined Meta $1.3 million for failing to comply with orders after allegations of algorithmic manipulation favoring Flavio Bolsonaro during the election.
Goldman Sachs sees US Fed raising rates again in March
Goldman Sachs anticipates a 25-basis-point rate hike by the US Federal Reserve in March, following stronger-than-expected October inflation data for the third consecutive month.
ICICI Securities rates Motilal Oswal buy, cites 66% recurring revenue
ICICI Securities recommends a buy on Motilal Oswal Financial Services, citing strong execution and a shift to sustainable recurring revenue, with a target price of Rs 1,326.
OpenAI revenue jumps 50% to record $10 billion in Q3
OpenAI, the company behind ChatGPT, has reported a record-breaking quarterly revenue of $10 billion for the three months ending September.
ICICI Securities gives Prestige Estates buy rating sets ₹1,864 target
ICICI Securities recommends a buy rating for Prestige Estates Projects, setting a target price of Rs 1,864 due to strong sales bookings and promising growth prospects.
AI shapes monthlong Singles Day shopping festival in China
China's Singles Day festival showcases AI's growing role in e-commerce, with chatbots and virtual try-ons enhancing consumer engagement amid fierce market competition.
Bata India aims to double turnover with 'Reignite India 2030'
Bata India plans to introduce new global product lines, focusing on sneakers and youth ranges, as part of its strategy to double its turnover by 2030.
Netweb stock rises amid NVIDIA FBI probe into Jensen Huang
Nvidia shares fell 5.5% amid an investigation, while Netweb Technologies surged nearly 8% due to strong Q2 FY27 earnings and a robust order book.
Microsoft employees write open letter over fast AI rollout concerns
Current and former Microsoft employees have penned an open letter questioning the company's AI-first strategy, highlighting issues related to workplace pressure and job security.
HDFC Bank, ICICI Bank and PNB raise FD rates early
Banks are increasing fixed deposit rates earlier than anticipated due to tighter liquidity conditions and rising competition for deposits amid sustained credit demand.
Diwali shopping mixes tradition with new-age trends on Instamart
Indian households balanced traditional gold investments with increased electronics purchases, while digital payments and flexible options gained popularity during Diwali 2026.
Mother Dairy raises Delhi NCR milk prices citing higher costs
Mother Dairy has increased milk prices by Rs 2-4 per litre in Delhi-NCR, effective November 12, due to rising input costs and higher procurement prices from farmers.
Nicobar aims ₹1,000 cr revenue over 5 to 6 years
Nicobar aims for 25-30% annual revenue growth, planning to expand its store network and corporate gifting business to achieve ₹1,000 crore in revenue within five to six years.
Motilal Oswal recommends Aarti Industries with ₹600 target per share
Motilal Oswal recommends a buy on Aarti Industries, setting a target price of Rs 600, citing strong growth prospects in its energy segment and expanding product portfolio.
Indian rupee rises 7 paise to 93.70 against US dollar
The rupee appreciated by 7 paise to 93.70 against the US dollar in early trade Wednesday, driven by sustained foreign fund inflows and easing crude oil prices.
South Korea's KOSPI dips on US inflation and AI hype
South Korean shares fell as concerns over AI valuations and stronger US inflation data impacted investor sentiment, with the KOSPI dropping 0.34% led by chipmaker losses.
Sichuan Neautus shares surge 119.2% in Hong Kong debut
Sichuan Neautus Traditional Chinese Medicine shares soared 119.2% in their Hong Kong debut, driven by strong retail investor demand despite a declining broader market.
Qualcomm begins India layoffs, around 1,000 jobs at risk
US-based chipmaker Qualcomm has started laying off employees in India as part of a global workforce restructuring.
Sensex jumps 1,200 points: What's driving today's rally?
The Indian stock market opened on a positive note today, with the BSE Sensex rising by 1.46% or 1,186.91 points to 82,293.56 and the Nifty 50 gaining 1.2% to trade at 25,344, at the time of writing.
IRDAI appoints 2 expert panels to design risk-based capital system
IRDAI has initiated the transition to a risk-based capital framework by establishing two expert panels to align with Indian Accounting Standards.
Indian rupee opens at ₹93.72 per dollar on cheaper oil
The Indian rupee appreciated by 21 paise to 93.72 per US dollar, driven by declining crude oil prices, though rising US Treasury yields may limit further gains.
Indian rupee opens 93.74 vs US dollar on oil cooling
The Indian rupee opened 19 paise higher at 93.74 against the US dollar, supported by a correction in crude oil prices and increased foreign portfolio investor (FPI) dollar sales.
David Jones to close 19 stores, risking over 6,000 jobs
David Jones, Australia's oldest department store, will close 19 of its 38 locations, leading to significant job losses as part of an urgent business restructure.
Sensex up 1,105, Nifty climbs 268, Bank Nifty crosses 60,600
The domestic equity markets opened sharply higher, with the Sensex jumping over 1,100 points and the Nifty opening above 25,300.
Sensex jumps 1,142 as Indian stock market rallies after Diwali
Indian shares surged on Wednesday, November 11, as the BSE Sensex gained 1.41% and Nifty 50 rose by 1.17%, following a Diwali closure.
Motilal Oswal recommends Equitas Small Finance Bank buy at ₹75
Motilal Oswal recommends a buy on Equitas Small Finance Bank, setting a target price of Rs 75, citing stable growth and improving asset quality despite leadership changes.
Nifty 50 at 8 month peak ahead of Diwali trading
Indian shares are set to open higher on Wednesday, buoyed by a sharp drop in crude oil prices and strong foreign fund inflows following the Diwali holiday break.
Claude chatbot maker Anthropic prepares IPO potentially valued near $1.5T
Anthropic's bankers are considering raising its IPO price, potentially boosting the AI company's valuation to $1.5 trillion due to strong investor demand.
NVIDIA loses $430 billion amid CEO Jensen Huang spy link
Nvidia's market value plunged amid allegations linking CEO Jensen Huang to espionage activities involving China, prompting an FBI investigation and internal company review.
Nifty expected to open over 300 points higher at 25,340
Indian stock markets are poised for a strong opening, with Gift Nifty indicating a 300-point rise, driven by cooling crude oil prices and renewed foreign portfolio investment.
Rising US inflation, Treasury yields push Bitcoin and Ethereum down
Crypto markets face pressure from rising US inflation and Treasury yields, with Bitcoin and Ethereum testing key support levels amid cautious institutional activity.
Donald Trump's Truth Social gains revenue from $60,000-$100,000 premium
Trump Media & Technology Group boasts a significant revenue increase, driven by a service charging over $60,000 monthly for early access to President Trump's posts on Truth Social.
India sugar production rises to 1.285 million metric tons
Despite a significant rise in sugar production, retail prices in India have surged to ₹60 per kg, reflecting a 36% increase from last year.
Anthropic launches Australia retail IPO seeking up to $64.4B
Anthropic launched its Australian retail IPO on Wednesday, offering shares ahead of a Nasdaq listing, as Australia tightens AI regulations following recent data breach incidents.
US dollar steadies as markets place 92% Fed hike odds
The US dollar strengthened following a stronger-than-expected inflation report, with Federal Reserve officials hinting at potential rate hikes to combat persistent inflation risks.
OpenAI posts $10B Q3 revenue up 50% but $10.9B loss
OpenAI's quarterly revenue surged by 50% to $10 billion, yet the company reported expanding operating losses of $10.9 billion, according to The Wall Street Journal.
Brent crude drops below $90, rebounds after Trump's pause hint
Brent crude steadied at $92 a barrel after a sharp selloff, driven by hopes of resolving the US-Iran conflict and easing supply disruptions.
MRF profits fall nearly 23% despite ₹8,660.19cr revenue rise
MRF Ltd reported a 22.8% decline in net profit for the July-September quarter, as rising raw material costs offset a 17.4% increase in revenue from operations.
Asian stocks climb after CoreWeave beats estimates easing AI fears
Asian stocks gained after CoreWeave's strong earnings eased AI trade concerns, while Australian and New Zealand bonds fell amid a US Treasury selloff.
Nearly 70% Indian firms plan AI investment, only 3% data-ready
Dun & Bradstreet identifies rising AI opportunities in India, with 70% of businesses planning increased spending, but highlights workforce readiness as a significant challenge.
Mint: nearly 45% of BSE 500 executives earn 100x median
Nearly 45% of top executives at BSE 500 companies earned over 100 times their median employee's salary in FY26, highlighting a growing pay disparity.
Cognizant redefines roles around AI with 'AI Builder Role Catalogue'
Cognizant is revamping job titles to reflect AI's impact on roles, marking a significant shift in India's tech services sector as part of its largest restructuring effort.
Jim Cramer backs Anthropic's $1.405 trillion valuation ahead of IPO
Jim Cramer highlights Anthropic's explosive revenue growth as a key factor justifying its $1 trillion-plus valuation ahead of a potentially record-breaking initial public offering.
Indian B-schools integrate AI into MBA to prepare future leaders
Business schools are revamping MBA programs by integrating AI, emphasizing ethical decision-making, and requiring students to build AI agents for hands-on learning.
Andhra Pradesh Cabinet led by Chandrababu Naidu approves investment policies
The Andhra Pradesh Cabinet, led by Chief Minister N. Chandrababu Naidu, approved policies to boost investments in AI, electronics, and renewable energy sectors on Tuesday.
CoreWeave posts $3.66B revenue, $709 million loss, expects up to $13.3B
CoreWeave reported better-than-expected quarterly revenue of $3.66 billion and increased its 2026 guidance, alleviating concerns about a potential AI market slowdown.
Sahir Raoof's Proximal Ventures raises $27.5 million for AI drug development
Proximal Ventures, led by Sahir Raoof, has raised $27.5 million to invest in startups using AI to revolutionize drug development services and infrastructure.
US regulators approve 4 SMRs for Dow Chemical Texas plant
X-energy received federal approval to build four Xe-100 small modular reactors at a Dow chemical plant in Texas, marking a milestone for advanced nuclear technology in the U.S.
Anthropic's IPO to give 7 founders about $250 million each
Each of Anthropic's seven co-founders plans to sell 3,378,378 shares during the company's IPO, potentially earning nearly $250 million each at a midrange price of $74 per share.
Bilt launches AI-powered Bilt Neighborhood OS for local businesses
New York-based startup Bilt unveiled Neighborhood OS, an AI-powered platform designed to connect local businesses with nearby customers without requiring infrastructure changes.
Joon Kim probes NVIDIA CEO's alleged affair with suspected spy
Nvidia has engaged Joon Kim, a prominent Wall Street lawyer, to investigate CEO Jensen Huang's affair with an alleged Chinese spy, amid scrutiny of the board's independence.
Oura buying Counsel Health for $625 million by end 2027
Oura announced its acquisition of AI-native primary care company Counsel Health for $625 million, aiming to expand its healthcare services and enhance user access to medical care.
NVIDIA probes Huang's admitted affair reportedly tied to Chinese intelligence
Nvidia's board has enlisted Wachtell, Lipton, Rosen & Katz to investigate CEO Jensen Huang following revelations of his affair linked to Chinese intelligence concerns.
US October CPI 0.4% pushes gold down almost 3%
Gold prices fell nearly 3% as US inflation data exceeded forecasts, boosting the dollar and Treasury yields while increasing expectations for a larger Fed rate hike.
Air India near naming Balagopal Kunduvara CFO amid ₹22,000cr-plus losses
Air India has shortlisted Balagopal Kunduvara, a former Singapore Airlines executive, for the CFO role as it seeks to enhance financial management amid significant losses.
Microsoft stock slips after Anthropic unveils tools challenging Microsoft Office
Microsoft shares fell 3% after Anthropic unveiled new workplace tools for Claude, posing a competitive threat to Microsoft's Office suite.
Nexperia at Munich fair warns AI demand strains chip supplies
Chipmakers are redirecting resources to high-margin AI data-centre products, causing shortages and bottlenecks in the automotive and industrial semiconductor supply chains.
Dallas Fed's Logan urges at least 2 small rate hikes
Dallas Fed President Lorie Logan advocates for at least two additional quarter-point rate increases to combat persistent inflation, potentially accelerating the pace this winter.
Scott Bright sues Kalshi alleging illegal gambling and seeking $580,000
A Bellevue resident is suing prediction market Kalshi to recover $580,000 after losing $308,000 on sports bets, challenging the platform's classification as non-gambling.
Anand Mahindra: India's AI edge is software talent and ecosystem
Anand Mahindra argues that India's software talent and systems integration expertise could position the country as a major beneficiary in the global AI boom.
India and US speed up BTA talks in New Delhi
US officials visited India to discuss customs and trade facilitation, aiming for an early conclusion of a bilateral trade agreement despite recent US midterm elections.
Probe into NVIDIA CEO hits stock, Microsoft becomes most valuable
Nvidia shares dropped over 6% due to AI outlook uncertainty and a probe into CEO Jensen Huang, while Microsoft surpassed Nvidia as the world's second-most valuable company.
Anthropic IPO could deliver up to $411B to Amazon, Google
Amazon and Google could see their stakes in Anthropic soar to a combined $411 billion if the AI company hits the top of its proposed IPO range.
ED provisionally attaches 18.33cr assets linked to K Peri Reddy
The Directorate of Enforcement provisionally attached assets worth ₹18.33 crore linked to K. Peri Reddy and associates, involved in a loan fraud with Kallam Modern Rice Mills.
NTPC Ltd sole bidder for India's coal gasification chemical projects
NTPC Ltd was the only participant in the second round of applications for the coal gasification scheme, contrasting with five companies' involvement in the first round.
India nears $1 trillion exports this fiscal year, Piyush Goyal
Union Commerce and Industry Minister Piyush Goyal announced that India is set to achieve its $1 trillion export target this fiscal year.
US team visits New Delhi to ease customs for trade
A US team visited New Delhi to advance technical discussions on the India-US bilateral trade agreement, focusing on customs and trade facilitation amid ongoing negotiations.
Patna Municipal Corporation lists Bihar's 1st municipal bond NSE 199.99cr
Patna Municipal Corporation has successfully listed Bihar’s first municipal bond on the National Stock Exchange, raising ₹199.99 crore for urban infrastructure projects.
IBM stops H-1B and green card sponsorships for consulting roles
IBM is ending H-1B visa and green card sponsorship for most roles in its consulting division, amid the Trump administration's crackdown on the visa program.
TSMC to invest up to $1B evenly in OpenAI Anthropic
TSMC plans to invest up to $1 billion in leading AI developers Anthropic and OpenAI, signaling confidence in the long-term demand for AI technology.
SpiceJet cancels 25-30 flights daily, passengers stranded at airports
SpiceJet is cancelling 25–30 flights daily, operating only half its scheduled flights as its fleet shrinks and financial woes deepen.
Chip stocks rally despite Jensen Huang scandal, NVIDIA down 4.3%
AI stocks rebounded after adverse headlines, with the Nasdaq-100 jumping 3.4% and the Philadelphia Semiconductor Index surging 7%, despite Nvidia's scandal-induced decline.
Bitcoin falls to $73,000 after hotter than expected US inflation
Bitcoin's price fell near $73,000 after a stronger-than-expected US inflation report, raising concerns about potential Federal Reserve interest rate hikes in December.
Kalyan Jewellers Q2 FY27 net profit jumps 64% to ₹427cr
Kalyan Jewellers reported a 64% year-on-year increase in consolidated profit after tax, reaching Rs 427 crore for the September quarter of FY27.
Global banks grapple with soaring AI costs, create spending teams
Banks globally are striving to manage the escalating costs of AI agents, which could account for up to 20% of total labor expenses, according to McKinsey's report.
Anthropic to launch IPO next week at $1.4 trillion valuation
Anthropic aims for a $1.4 trillion market cap in its upcoming public offering, down from the previously reported $2 trillion valuation.
Canada, China sign economic agreements in Vancouver amid U.S.-Canada tensions
Canada has signed new economic agreements with China to enhance trade relations, as U.S. President Trump eases trade-related demands on Ottawa.
US stocks fall after hotter October inflation raises rate fears
The Dow Jones dropped over 200 points as higher-than-expected inflation data renewed fears of interest rate hikes, while Nvidia shares declined due to leadership uncertainties.
Seven technology companies agree to buy $26B of Anthropic shares
Nvidia, Google, Microsoft, and AMD are investing billions in Anthropic's IPO to secure commercial advantages and strengthen their positions in the rapidly evolving AI market.
Blackstone leads ₹6,414cr private equity investment in IIFL Finance
IIFL Finance has approved a Rs 6,414 crore primary capital raise, with Blackstone leading the round by investing Rs 5,000 crore in convertible preference shares.
India's unemployment rate in July-September quarter falls to 5.1%
India's unemployment rate has witnessed a decline in the July-September 2026 period, according to government data.
Blackstone to acquire 16% stake in IIFL Finance for ₹5,000cr
IIFL Finance has announced a major capital raise of ₹6,414 crore ($686 million), led by global investment firm Blackstone.
Your HDFC Bank loan EMIs are about to go up
HDFC Bank has announced an increase in its Marginal Cost of Funds-based Lending Rates (MCLR) across all tenures.
What changed for cancer drug prices from November 9
The government on Monday announced a massive reduction in the Maximum Retail Prices (MRP) of anti-cancer medicines.
Why NVIDIA and Jensen Huang have been sued by shareholders
NVIDIA and its CEO, Jensen Huang, are facing a lawsuit from shareholders over an alleged affair with Alice Huang, a former executive of Singapore-based Megaspeed.
SoftBank Group just posted a quarterly loss of $7.1B
SoftBank Group, a major investor in tech companies, has reported its first net loss in nearly two years.
Surf Excel, Rin, and Wheel detergents now costlier in India
Hindustan Unilever Limited (HUL) has increased the maximum retail prices (MRPs) of several products in its home care portfolio, including popular detergent brands Surf Excel, Rin, and Wheel.
How NVIDIA CEO Jensen Huang lost $7.4B in 30 minutes
NVIDIA CEO Jensen Huang's net worth took a massive hit on Monday, plunging by $7.4 billion within just half an hour of trading.
American Express removing reward points linked to cancelled credit cards
American Express (Amex) cardholders in India have been losing their Membership Rewards points after closing individual credit cards.
China now has a trade surplus of over $1T
China has recorded a trade surplus of over $1 trillion for the second consecutive year, official data released today showed.
Qantas to slash 850 jobs and outsource them to India
Australian airline Qantas has announced plans to cut 850 local jobs as part of an AI-driven overhaul.
Uber now lets you reserve and pay for parking
Uber has launched a new service allowing users to reserve and pay for parking in major US cities.
Google parent Alphabet eyes $3 billion bond sale in Asia
Google's parent company, Alphabet Inc, is reportedly considering a bond sale in Hong Kong and Singapore. The proposed deal could be worth around $3 billion.
HSBC upgrades Indian equities to 'overweight': What it means?
HSBC, the global financial services firm, has upgraded its rating on Indian equities from 'neutral' to 'overweight.'
NVIDIA-linked Megaspeed says probes found no illegal chip transfers
Megaspeed International, a data center operator from Southeast Asia, has strongly denied allegations of illegal chip transfers.
Who is Lori Mills, NVIDIA CEO's wife of 40 years
Jensen Huang, the co-founder and CEO of NVIDIA, is at the center of a major scandal after he admitted to cheating on his wife, Lori Mills, with alleged Chinese spy Alice Huang.
Blackstone eyes 15% stake in IIFL Finance in $600M deal
Blackstone is leading the race to acquire a 15% stake in IIFL Finance, a non-banking financial company (NBFC), through a proposed equity investment of $500-600 million, as per a Moneycontrol report.
Nifty could hit 40,000 in long term, says CLSA
Laurence Balanco, a technical analyst at capital markets and investment group CLSA, has predicted a major bullish breakout in Indian equities.
NVIDIA CEO's old love story resurfaces amid affair admission
An old video of NVIDIA CEO Jensen Huang has resurfaced, showing him narrating the story of how he won over his wife, Lori Mills.
Jio offers 5 months of free internet with this plan
Reliance Jio has launched a special Diwali offer for its JioHome customers. The deal is aimed at making the festive season more enjoyable for existing users of JioHome (Fiber/AirFiber).
Can NVIDIA fire Jensen Huang amid China spy probe?
NVIDIA's board has initiated an independent investigation into claims that CEO Jensen Huang was the target of a foreign intelligence operation.
Coca-Cola's India bottling arm files draft papers for IPO
Hindustan Coca-Cola Holdings, the parent company of Coca-Cola's bottling operations in India, has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).
Traders to approach courts, government over losses caused by protests
The Confederation of All India Traders (CAIT) has announced plans to approach the governments and judiciary over business disruptions caused by political protests.
NVIDIA stock drops 4% as Jensen Huang scandal rattles investors
NVIDIA's shares fell by some 3.7% on Robinhood's trading platform after the company's board initiated an investigation into CEO Jensen Huang.
Oil slips below $98 as Trump signals restraint on Iran
Oil prices continued their downward trend on Monday after witnessing the biggest weekly drop since April 2020.
China extends suspension of 24% tariffs on US goods
China has announced an extension of the suspension on additional 24% tariffs on US goods by two months.
Trump backs NVIDIA CEO Jensen Huang amid China spy probe
US President Donald Trump has expressed his support for NVIDIA CEO Jensen Huang, who is currently under investigation over possible foreign intelligence targeting.
Indian rupee hits 7-month high, rises to 93.70 against dollar
The Indian rupee hit a seven-month high in the early trading session on Monday, November 9.
Who's Alice Huang, the woman linked to NVIDIA CEO's affair?
Alice Huang, a Chinese national, has been implicated in an alleged affair with NVIDIA CEO Jensen Huang.
NVIDIA probes CEO Jensen Huang's affair with Chinese spy
NVIDIA, one of the world's most valuable companies, has launched an independent investigation into its CEO Jensen Huang's alleged relationship with a suspected Chinese spy named Alice Huang.
Apple saves $2.7B in taxes by shifting profits to Singapore
Apple has saved a whopping $2.7 billion in taxes by shifting its profits to Singapore, a move that has come under fire and raised questions about corporate tax practices.
Employee automates job, gets fired, then asked to train replacement
An employee has sparked a major debate after claiming that their employer laid them off after they automated most of their daily tasks.