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Nasdaq futures drop after Anthropic CEO warns on AI risks
Nasdaq futures fell nearly 2% as AI stocks plunged following calls from OpenAI and Anthropic leaders to slow AI development, raising concerns about the sector's growth prospects.
Bitcoin hits $78,280 as Anthropic CEO suggested slowing AI development
Bitcoin surged to $78,280, rising 1.93% since midnight UTC, as global AI stocks declined following calls for a slowdown in AI development.
BRICS+ expands, opening local currency trade for India and partners
The expansion of BRICS could enable India to settle 40% of its trade with BRICS+ economies in local currencies, reducing transaction costs and currency fluctuation exposure.
RBI proposes 60-day cap on bank holds for suspicious transactions
The Reserve Bank of India proposes a 60-day limit on temporary debit holds in cyber fraud cases, ensuring customers have a defined timeline to address and resolve account freezes.
ByteDance secures $29.6bn loan from 28 banks, topped $20bn request
ByteDance Ltd. secured a $29.6 billion loan from 28 lenders, including major commitments from ICBC and HSBC, marking one of Asia's largest dollar-denominated deals this year.
Solar Industries India to buy Omnia Holdings for ₹12,951cr
Solar Industries' subsidiary is set to purchase South Africa-based Omnia Holdings for ₹12,951 crore in an all-cash deal, aiming to expand its global presence.
ECB may hike again as Iran conflict lifts energy costs
The European Central Bank may need to raise interest rates further as the Iran conflict heightens inflation risks, according to policymaker Martins Kazaks.
ABP Education, YoLearn.ai partner to target 250 million Indian K-12 students
ABP Education has invested in Noida-based AI tutoring startup YoLearn.ai, aiming to deliver personalized learning experiences to 250 million K12 students across India.
India and Canada resume CEPA talks to resolve trade barriers
India and Canada have started the fourth round of negotiations for a Comprehensive Economic Partnership Agreement, aiming to finalize discussions by the end of this year.
Info Edge to name Naresh Chand Gupta director, appoints CFO
Info Edge, the parent company of Naukri, has announced a leadership restructuring with Naresh Chand Gupta joining as an independent director and Himanshu Agarwal as the new CFO.
Goldman Sachs: AI demand outpaces supply, $760B expected by 2026
The global AI sector struggles to build infrastructure fast enough to meet rising demand, while the real economy presents a larger opportunity, according to Goldman Sachs.
COAI and British High Commission sign pact on AI, connectivity
COAI and the British High Commission have signed an MoU to enhance cooperation on AI, digital trust, and intelligent connectivity.
European markets steady as AI executives urge slowdown, oil surges
European shares remained subdued as technology stocks declined due to AI development concerns, while a sharp rise in oil prices dampened risk appetite.
Who will lead HDFC Bank next? Here are top contenders
HDFC Bank has nominated two candidates for its top job: Deputy Managing Director Kaizad Bharucha and an external candidate.
US futures slide as oil spikes, Fed and Japan watched
Nasdaq futures dropped 1.52% amid rising oil prices due to supply concerns, while AI stocks faced pressure following calls for a slowdown in AI development to address safety risks.
InsuranceDekho co-founders reportedly consider exit after board strategy clash
InsuranceDekho co-founders Ankit Agrawal and Ish Babbar are contemplating stepping down due to strategic differences with the board, as the company prepares for its IPO.
TRAI rethinks spam rules as legitimate AI calls increase
The Telecom Regulatory Authority of India (TRAI) is working on a new regulation to prevent legitimate AI business calls from being marked as spam.
Breakwave Tanker Shipping ETF up nearly 5,100% amid U.S.-Iran tensions
The Breakwave Tanker Shipping ETF (BWET) has skyrocketed nearly 5,100% over the past year due to disruptions in tanker traffic from the ongoing US-Iran conflict.
Bengaluru voice AI Arrowhead seeks Series A for global growth
Bengaluru-based Arrowhead plans to raise a Series A round to fuel its international expansion, targeting markets beyond India and Southeast Asia.
Australia's Firmus plans $5 billion IPO by late October
Firmus Technologies Pty is reportedly planning a $5 billion initial public offering in Australia, aiming for a listing by the end of October.
Anthropic signs $13.7B AI compute deal with RUM Group
Anthropic has signed a six-year compute agreement worth $13.7 billion with RUM Group, as reported by The Information.
Indian manufacturers lead manufacturing leasing with 34% CAGR 2020-2025
Indian manufacturers are outpacing global firms in industrial real estate demand, with a 34% CAGR in manufacturing-space leasing from 2020 to 2025, surpassing multinationals' 23%.
Bitcoin rebounds to $77,462 amid US inflation and Mideast tensions
Bitcoin rose 0.26% to $77,462, recovering from early losses despite hotter US inflation data and escalating Middle East tensions impacting broader risk assets.
SoftBank raises $11.87B loan for OpenAI investment
SoftBank Group has secured an $11.87 billion loan to fund its investment in US-based artificial intelligence (AI) firm OpenAI. The amount is higher than the initial target of $10 billion.
India's wholesale price inflation rises to nearly 10% in August
India's wholesale price inflation has seen a marginal rise, hitting 9.92% in August 2026 as compared to 9.78% in July.
Samsung Electronics and SK Hynix reject KEPCO $18.7B electricity prepayment
Samsung Electronics and SK Hynix have declined KEPCO's $18.7 billion upfront payment proposal for electricity infrastructure, citing concerns over uncertain semiconductor demand.
Anthropic picks Nasdaq for IPO
Anthropic, the AI company behind Claude chatbot, is gearing up for a major initial public offering (IPO) on Nasdaq.
Houthi forces seize Yemen's Mocha raising tanker rates to $250,000
Daily charter hire rates for tankers to India have surged by 150% due to escalating hostilities in the Red Sea and Strait of Hormuz, significantly increasing oil import costs.
US inflation persists and $100 oil pressures Fed for 25bp
Hotter-than-expected inflation data and rising oil prices have prompted markets to anticipate a Federal Reserve rate hike, with major banks adopting a more hawkish stance.
Gold falls as US inflation data fuels Fed rate-hike bets
The price of gold has witnessed a slight dip, following the release of hotter-than-expected US inflation data.
RBI tells Tata Sons to list, surprising Noel Tata
Noel Tata confronts a significant leadership test as the Reserve Bank of India mandates Tata Sons to pursue a public listing, threatening the group's traditional control structure.
Bank of Japan's Koji Nakamura warns of rising inflation risks
Japan's inflation is increasingly influenced by import costs and currency movements, prompting the Bank of Japan to consider further rate hikes amid persistent external shocks.
Shantanu Rooj: Pair domain expertise with AI for entry roles
The transition to an AI-driven world is irreversible, but regulation and cost will determine the speed and depth of its integration into businesses and daily life.
Emerging market stocks slump amid West Asia tensions, tech worries
Emerging-market stocks fell as tensions in West Asia increased, prompting investors to seek safer assets, while uncertainty over global interest rates added further pressure.
SoftBank plunges 13% as AI chiefs urge slower development
SoftBank Group's shares plummeted over 13% in Tokyo on Monday, marking their biggest fall since late June.
Brent nears $110 as US-Iran conflict drives oil higher
Oil prices witnessed a sharp spike on Monday, with Brent crude breaching the $107 per barrel mark. The surge is mainly due to rising tensions in the Middle East and fears of potential disruptions to global energy supplies.
Tata Sons could be valued ₹9-12.5L crore in an IPO
Tata Sons, the holding company of the Tata Group, could be valued between ₹9 lakh crore and ₹12.5 lakh crore in a potential initial public offering (IPO), as per the Economic Times.
Why Amazon has suspended work with 21 Air
Amazon has announced a temporary halt in its operations with 21 Air LLC, the owner of the cargo plane that crashed in Miami last week.
Vodafone Idea seeks ₹35,000cr loan to meet capex needs
Vodafone Idea (Vi), one of India's leading telecom service providers, is in the process of forming a consortium of eight to 10 lenders.
RBI liquidity surplus hits record: Will loans get cheaper?
India's banking system is witnessing an unprecedented cash surplus, with liquidity exceeding ₹11 lakh crore in early September. This is a record high, according to Bloomberg data.
Google ramps up AI talent hunt with Mechanize acquisition
Google has officially acquired San Francisco-based artificial intelligence (AI) start-up, Mechanize. The deal, which is said to be worth over $1.5 billion, was completed recently.
This Chennai-based port is planning ₹1,200cr IPO in India
Kamarajar Port Ltd, the first corporate major port in India, is gearing up for an initial public offering (IPO).
India's semiconductor sector has raised $1.4B in equity funding
India's semiconductor industry has witnessed a massive surge in equity funding, attracting $1.4 billion across 281 companies, according to data from Tracxn.
Why EVs, home appliances might soon become costlier in India
The recent surge in copper prices, which have now crossed $14,000 per ton, is likely to make electric vehicles (EVs) and consumer appliances more expensive.
Why PwC India, US are creating a joint venture
PwC India and PwC US have announced a joint venture to combine their advisory capabilities in India and the US.
Why AI slowdown calls could hit chipmakers
The recent calls from tech leaders to slow down the development of artificial intelligence (AI) technology could have a short-term impact on chipmakers and supply-chain stocks.
Oracle plans more layoffs as AI data center costs soar
Oracle is gearing up for a larger round of layoffs as it tries to rein in costs and fund the expansion of its AI-focused data centers.
Jindal Steel bags a Guinness World Record for this reason
Jindal Steel, in partnership with the CSIR-Central Road Research Institute (CSIR-CRRI), has bagged a Guinness World Record for building the world's longest road made entirely of processed steel slag aggregates.
How a US-China economic decoupling could help other nations
A recent study has shown that a complete economic decoupling between the US and China could actually be beneficial for many other countries.
You can't use Indian Patent Office's official logo without permission
The DPIIT has issued a notice, warning against the unauthorized use of Indian Patent Office's official logo.
India's gem and jewelry exports rise 3.14% to $2.3B
India's gem and jewelry exports grew by 3.14% year-on-year in August, reaching $2.30 billion (approximately ₹21,945.87 crore).
FPIs pull out ₹13,138cr from Indian equities this September
Foreign portfolio investors (FPIs) have pulled out ₹13,138 crore from Indian equities in the first half of September.
Russia's fuel imports from India hit record high in August
Russia's fuel imports from India have hit a record high, with 172,000 metric tons of oil products imported in August alone.
Tata Sons board may ask chairman Chandrasekaran not to leave
The Nomination and Remuneration Committee (NRC) of Tata Sons' board, is set to oppose Chairman N Chandrasekaran's decision not to seek reappointment after his current term ends in February 2027.
OpenAI won't go public this year amid AI safety concerns
OpenAI CEO Sam Altman has ruled out the possibility of an initial public offering (IPO) this year.
Larry Ellison won't sell $7.5B worth of Oracle stock
Larry Ellison, the Executive Chairman of Oracle Corporation, has canceled his plan to sell 50 million shares of the company's stock.
India's insolvency regulator mulling tighter safeguards: How it affects you
The Insolvency and Bankruptcy Board of India (IBBI) is mulling stronger safeguards for insolvency proceedings involving personal guarantors of corporate debtors.
US imposes anti-dumping duties on solar imports from India, Indonesia
The US has imposed heavy anti-dumping and countervailing duties on imports of solar cells and panels from India, Indonesia, and Laos.
BRICS endorses India's proposals on sports technology and manufacturing
The New Delhi Declaration of BRICS has endorsed India's proposals to create a working group on sports technology and host a sports goods manufacturing conclave.
Former Google chief scientist's AI start-up is targeting $50B valuation
Jeff Dean, the former chief scientist at Google, is looking to raise funds for his new artificial intelligence (AI) start-up, Discovery Loop.
RBI rejects Tata Sons' bid, paving way for its IPO
The Reserve Bank of India (RBI) has rejected Tata Sons's application for voluntary surrender of its Certificate of Registration (CoR) to be classified as unregistered Core Investment Company (CIC).
HDFC Bank sends two names for MD post to RBI
HDFC Bank's board has proposed two candidates to the Reserve Bank of India (RBI) for the position of Managing Director and Chief Executive Officer (MD & CEO).
Ganesh Chaturthi: Indian stock market to remain closed next Monday
The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will remain closed on September 14, 2026, due to Ganesh Chaturthi.
CEO Matt Mullenweg regains control of Automattic days after ouster
Matt Mullenweg, the founder of WordPress and a prominent figure in the open-source community and the founder of Automattic, has claimed he was back in control of Automattic.
IPO-bound Nscale appoints ex-OpenAI executive Fidji Simo to board
UK-based AI data center start-up, Nscale, has announced the appointment of Fidji Simo to its board.
A robot now assists passengers at Cochin Airport
Cochin International Airport Ltd (CIAL) has launched a robotic assistance service at the airport, as part of its efforts to improve passenger convenience and travel experience.
WeWork India seeks NCLT nod to offset accumulated losses
WeWork India has filed an application with the National Company Law Tribunal (NCLT), Bengaluru Bench.
How SEBI's proposed changes to CAS will affect stock market
The Securities and Exchange Board of India (SEBI) has proposed a set of changes to the Closing Auction Session (CAS).