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Microsoft urges US to ban Chinese optical transceivers over security
Microsoft has reportedly urged the Trump administration to halt imports of Chinese optical transceivers, citing national security risks and potential data surveillance concerns.
Gold below $4,100 and silver slip on December Fed bets
Gold prices fell below $4,100 per ounce and silver hovered at $52 as Brent crude dipped under $90, with rising expectations of a December Fed rate hike.
India unemployment rate drops to 5.1% in Q3 2026
India's unemployment rate decreased to 5.1% in July-September 2026, driven by a decline in rural joblessness, according to government data released on Tuesday.
Foreign investors pour $8.2 billion into Indian equities since mid-October
Foreign portfolio investors have reversed a two-year selling trend by injecting $8.2 billion into Indian equities since mid-October 2026, signaling renewed interest in the market.
Microsoft urges US to rethink ban on Chinese optical transceivers
Microsoft is lobbying the Trump administration to stop a proposed ban on Chinese optical transceivers, citing potential disruptions to US data center expansion.
SoftBank sells over ₹9300 cr, nets $400 million from Lenskart, Meesho
Lenskart and Meesho delivered nearly $400 million in returns for SoftBank's Vision funds during the September quarter, showcasing strong performance among its global investments.
Adani Group to invest more than $120B over 5 years
India's Adani Group plans to invest over $120 billion in the next five years, focusing on energy, transport, and logistics to double its asset base and boost earnings.
National Startup Awards return 6th year with ₹25L for startups
The DPIIT has launched the sixth edition of the National Startup Awards, offering a ₹25 lakh prize per category to innovative and impactful startups across India.
China's October 16 solar export controls threaten India's clean energy
India's clean energy ambitions face challenges due to heavy reliance on Chinese machinery, with recent export curbs prompting a search for alternative suppliers.
NC-JCM recommends raising central employees' basic pay to ₹69,000
The NC-JCM has recommended a minimum basic pay of ₹69,000, higher HRA rates, and an increased annual increment rate for central government employees.
Foreign portfolio investors pour ₹53,739 cr into Indian equities
Foreign investors infused Rs 53,739 crore into Indian equities in early November, reversing previous outflows driven by a global AI-led sell-off.
Cochin Shipyard profit halves to ₹53.77 cr as income rises
Cochin Shipyard Ltd reported a 50% decline in consolidated net profit to ₹53.77 crore for the September quarter, while total income rose to ₹1,331.81 crore.
Moneycontrol Advance Business Index 101.7 in October as manufacturing weakens
Moneycontrol’s Advance Business Index fell to 101.7 in October from 103 in September, indicating a slowdown in economic momentum due to weaker manufacturing activity.
Eurozone government bond yields fall as energy prices ease inflation
Eurozone bond yields dropped as lower oil and natural gas prices alleviated inflation worries, with French and Italian bonds showing significant improvement in market performance.
Axis Bank builds AI assistant to boost loan completion rates
Axis Bank is developing an AI assistant to improve online loan application completion rates, aiming to increase conversions from 8% to between 12% and 15%.
Brent crude below $90 after President Trump questions Iran action
Brent crude dropped below $90 a barrel as traders anticipate a potential resolution to the Middle East conflict following US President Trump's comments on Iran.
HDFC Bank raises MCLR up to 15bps from Nov 7
HDFC Bank has increased its MCLR by up to 15 basis points, affecting loan EMIs from November 7, 2026. New rates range from 7.85% to 8.70%.
STOXX 600 nears record as DAX rises on oil fall
European stocks surged as the STOXX 600 index approached its record high, driven by declining oil prices and easing geopolitical tensions, boosting investor confidence.
MRF declares ₹3 interim dividend as profit falls 28%
MRF Limited declared a ₹3 interim dividend per share for FY27, with a record date of November 17, 2026, amid a 21% stock decline over the past year.
Coinbase and Payward back CFTC in stock perpetual futures lawsuit
Coinbase, Kalshi, and Kraken's parent company have supported the CFTC in a legal dispute over its authority to regulate perpetual futures for individual stocks.
ShareChat cuts microdrama production costs by 40% using AI
ShareChat's CTO, Nitin Jain, reveals that the company is hiring creative directors as AI reduces microdrama production costs by 40%, enhancing accessibility for content creators.
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.
India's Union Cabinet clears ₹14,500cr 92 GWh energy storage plan
The Union Cabinet's approval of a ₹14,500 crore scheme aims to establish 92 GWh of energy storage, enhancing India's renewable energy reliability and grid stability.
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.
Mutual funds reduce Nifty 50 exposure to 49.4% this September
Domestic mutual funds' allocation to Nifty 50 stocks fell below 50% for the first time in over two decades, reaching a 21-year low in the September quarter.
TiE Hyderabad to host entrepreneurship summit on November 20
The Indus Entrepreneurs (TiE) Hyderabad will host the Hyderabad Entrepreneurship Summit 2026 on November 20, featuring keynotes from Telangana's IT Minister and Chief Secretary.
S&P Global Ratings flags AI bubble risk within 3 years
The intensifying AI competition between the US and China may lead to financial risks, including a potential "AI bubble burst" and mass layoffs within the next three years.
Investors shift to emerging markets as SK Hynix, TSMC slide
Investors are turning to emerging markets for opportunities as AI-related stocks face turbulence, with some regions offering low valuations and high dividend yields.
Infineon targets over 20% growth and €20 billion by 2027
Infineon projects over 20% revenue growth by 2027, driven by data-centre demand, with expected revenues of around €20 billion and a segment margin in the mid-20% range.
Hexaware drops quotas as AI reshapes midsize IT sales compensation
Mid-sized IT firms are revamping sales strategies, adopting commission-based incentives and AI-focused deals to boost growth amid evolving client demands and competitive pressures.
Vodafone raises profit outlook to €13.4bn core earnings by March
Vodafone Group Plc increased its full-year profit guidance following a strategic cost-cutting initiative, including over 3,000 job cuts in Europe, to boost growth.
NVIDIA faces succession questions after Jensen Huang affair, espionage probe
Nvidia's CEO Jensen Huang, amid controversy over an alleged affair with a suspected Chinese spy, faces scrutiny over the company's lack of a clear leadership succession plan.
SEBI plans margin checks for pre-open trading to prevent spoofing
SEBI is considering a uniform system to prevent spoofing and protect genuine investors by ensuring only margin-backed orders enter the order book during pre-open trading.
India's top companies: 181 doubled net profits, sectors rebound
India Inc saw a remarkable earnings recovery in Q2 FY27, with 181 companies more than doubling their net profits year-on-year, driven by strong demand and improved margins.
NPCI delays MDR for select P2M UPI payments over ₹2,000
With the festive season over, NPCI is set to implement a 0.4% Merchant Discount Rate (MDR) on person-to-merchant UPI transactions above ₹2,000.
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.
Whirlpool of India raises prices 5 percent amid rising costs
Whirlpool of India Limited will increase product prices by 5% starting November 1, 2026, to counteract cost pressures from commodity inflation and rising crude oil prices.
Eighth CPC to submit pay, allowances, pensions report May 2027
The 8th Central Pay Commission is expected to submit its recommendations by May 2027, with interim reports possible before the final deadline.
TSMC posts 59.7% October sales jump to $17.88 billion
Taiwan Semiconductor Manufacturing Co. reported October revenue of NT$586.89 billion, marking a 59.7% year-over-year increase, driven by strong demand for advanced semiconductors.
NVIDIA CEO Jensen Huang admits affair with suspected spy
The scandal involving Nvidia's CEO highlights the intense global competition over AI hardware, from Dutch EUV machines to illicit server diversions, amid US-China tensions.
McKinsey: AI could handle 70% of repetitive bank risk tasks
Artificial intelligence could eliminate 60-70% of manual risk tasks in banks, enabling a shift towards strategic roles and deeper analysis, according to a McKinsey report.
Denglin and Xinde raise HK$2.36 billion in Hong Kong IPOs
Chinese chipmakers Suzhou Denglin Technology and Jiangsu Xinde Semiconductor Technology made contrasting Hong Kong market debuts, raising HK$2.36 billion combined.
Mohalla Tech posts ₹672cr loss despite 40.5% FY2026 revenue jump
ShareChat's parent company, Mohalla Tech, achieved a revenue milestone of Rs 1,016 crore in FY26 but reported a net loss of Rs 672 crore.
Anthropic hosts Friday IPO chat with Dario Amodei, Jamie Dimon
Anthropic PBC is set to host a live-streamed event featuring CEO Dario Amodei and JPMorgan CEO Jamie Dimon, discussing the company's upcoming initial public offering.
NVIDIA CEO Jensen Huang loses $7.4 billion, stock slides
Nvidia CEO Jensen Huang's net worth fell by $7.4 billion in 30 minutes, dropping him two spots on Forbes' billionaire rankings amid an ongoing investigation.
Bitcoin dips to $74,443 as US inflation looms, tech weakens
Bitcoin fell below $74,500 after an initial surge near $75,231 as investors await crucial US inflation data amid broader market volatility.
Crude oil hits 3 month low after Trump suggests deescalation
Crude oil prices continued to decline on Tuesday, influenced by US political shifts and ongoing geopolitical tensions, with Brent trading below $92 and WTI nearing $86 per barrel.
China posts $1 trillion trade surplus for 2nd consecutive year
China's trade surplus exceeded $1 trillion for the second consecutive year, driven by a 35.2% surge in exports, according to official data.
Asian stocks surge after Wall Street rebound, KOSPI up 4.5%
Asian markets rose on Tuesday, led by South Korea's KOSPI with a 4.5% gain, as AI and semiconductor sectors attracted buyers and falling oil prices improved sentiment.
Japan's Nikkei climbs nearly 3% on AI and semiconductor rally
Japan's Nikkei index soared nearly 3% on Tuesday, driven by a strong recovery in AI and semiconductor stocks, with SoftBank Group leading the charge with a 14% jump.
Nearly 1 in 5 US employees lost to AI rehired
Research indicates that many US companies are rehiring employees they initially replaced with AI, resulting in higher costs as returning workers demand better terms.
NVIDIA drawn into US probe over megaspeed AI chip exports
Nvidia's general counsel intervened in a US investigation into Megaspeed International's alleged chip smuggling, raising questions about Nvidia's influence.
DOJ sues Lyft in California seeking $53 million for disability discrimination
The US Justice Department has filed a lawsuit against Lyft, claiming the company discriminated against passengers with disabilities, violating federal law.
Qantas cuts 850 Australian jobs for AI upgrade with Accenture
Qantas plans to cut 850 Australian jobs and outsource work to India as part of an AI-driven overhaul, amid significant technological disruption and rising operational costs.
Indian rupee among Asia's top performing currencies in fiscal 2027
The Indian rupee has strengthened in FY27, driven by increased foreign portfolio inflows and declining crude oil prices, positioning it as one of Asia's best-performing currencies.
Anthropic IPO targets Nasdaq October 19 and 20 at $1T-$1.25T
Anthropic intends to proceed with its initial public offering later this month, despite Wall Street's concerns about AI company valuations, according to the Wall Street Journal.
Shapoorji Pallonji unit Eqyizen considers ₹1,500cr raise to repay loans
Eqyizen Investment, the financing unit of Shapoorji Pallonji Group, aims to raise ₹1,500 crore through a tap issue of existing rupee bonds to enhance financial flexibility.
Gold slips 0.3% to $4,128.48 ahead of US inflation data
Gold prices fell 0.3% in early Asian trade on Tuesday as investors awaited US inflation data for insights into the Federal Reserve's future policy decisions.
Asian markets surge as US tech rallies and oil tumbles
Asian stocks rose as technology shares rallied in the US, with South Korea’s Kospi jumping over 5% and Japan’s Nikkei 225 climbing nearly 3%, while oil prices remained low.
India VIX up 68% despite over 7% Sensex Nifty rally
India VIX, an index measuring market volatility, jumped 68% in three weeks as benchmark indices Sensex and Nifty rose over 7%, indicating increased market swings.
UPI logs 975.8 million transactions peak during Diwali and ₹1.37L/cr Dhanteras
UPI transactions soared during the Diwali weekend, with volumes reaching 3.75 billion and values hitting Rs 4.99 lakh crore, driven by festive spending.
Paras Semiconductors partners with BroadPak on advanced packaging in India
Paras Semiconductors has teamed up with US-based BroadPak Corporation to establish an advanced semiconductor packaging facility in India, focusing on cutting-edge technologies.
Lawsuit alleges NVIDIA hid Jensen Huang's link to Alice Huang
Nvidia and CEO Jensen Huang face a class-action lawsuit for allegedly defrauding shareholders by hiding Huang's purported connections to a suspected Chinese spy.
Skydance plans $6 billion savings through streaming and studio consolidation
Skydance plans to save $6 billion over three years by consolidating operations and reducing marketing spend, as detailed in their recent earnings report.
Fervo Energy hits $11.9B contracted revenue, lands Google 396MW plant
Fervo has increased its contracted revenue to $11.9 billion, up from $7.2 billion last quarter, driven by timely project completions and rising demand for geothermal energy.
Nominal raises $240 million with Lightspeed and Insight, reaches $3B valuation
Nominal, an Austin-based AI platform for engineering complex hardware, raised $240 million in Series C funding, tripling its valuation to $3 billion in just eight months.
PepsiCo cuts about 1,000 North American employees amid falling sales
PepsiCo plans to eliminate about 1,000 jobs in North America as it seeks to streamline operations and address declining sales in its home market.
New Street: NVIDIA may have 10% China revenue by 2027
New Street Research estimates that 10% of Nvidia's expected fiscal year 2027 revenue, amounting to $37-$47 billion, is linked to China.
Citigroup shifts US stock view to neutral citing regulatory risk
Citigroup strategists have downgraded US equities to neutral, citing market volatility and regulatory concerns following a $3 trillion sell-off in S&P 500 companies.
Trader places $57 million NVIDIA call spread for Feb 2027
An options trader placed a $57 million bet on Nvidia's stock rallying by February, marking the largest options trade on Monday and targeting a return to all-time highs.
David Solomon says Goldman Sachs sees strong AI infrastructure demand
Goldman Sachs CEO David Solomon stated that demand for AI infrastructure financing remains robust, despite recent market jitters and investor recalibration.
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.
RBI dismisses rumours of new cheque books from January 2027
The Reserve Bank of India (RBI) has debunked rumors about new Cheque Truncation System (CTS) cheque books with enhanced security features.
Muhurat trading today: Check trading schedule, timings, and settlement rules
The Indian stock market will host a special one-hour Diwali Muhurat trading session today.
Binance CFO exits after $6.3B crypto hack
Kaiser Ng, the Chief Financial Officer (CFO) of cryptocurrency exchange Binance, is leaving his position.
Foreign investors pour ₹46,000cr into Indian equities in one week
Foreign institutional investors (FIIs) have made a massive investment in Indian equities, pouring in a net amount of ₹45,960 crore over the last week.
Berkshire buys back $9.6B in shares as earnings fall 5.8%
Berkshire Hathaway, led by CEO Greg Abel, reported a 5.8% decline in its third-quarter operating earnings to $12.7 billion.
SEBI's revised settlement rules introduce new fees and faster procedures
The Securities and Exchange Board of India (SEBI) has implemented its new Settlement of Administrative and Civil Proceedings Regulations, 2026.
Long-time Google exec resigns from SpaceX board
Donald Harrison, a long-time Google executive, has resigned from the board of directors at SpaceX.
Amazon agrees to $310M refund lawsuit settlement: Who is eligible
Amazon has agreed to a massive $309.5 million settlement over allegations of failing to properly issue refunds to customers.
SBI expands international presence, opens new branch in Texas
The State Bank of India (SBI) has expanded its international presence by opening a new branch in Frisco, North Dallas, Texas.
Microsoft's AI research head resigns, calls situation a 'train wreck'
John Langford, the mind behind Microsoft's AI research group, AI Frontiers, has resigned from the tech giant.
Coca-Cola's Indian bottler files draft papers for $1B IPO
Hindustan Coca-Cola Holdings (HCCH), the parent of Hindustan Coca-Cola Beverages (HCCB) and The Coca-Cola Company's largest bottling partner in India, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI).
Sequoia shuts London office, ends scout program in major restructuring
Sequoia Capital, one of the world's leading venture capital firms, has announced a major restructuring.
ED raids CoinDCX, Delta offices over alleged exchange violations
The Enforcement Directorate (ED) has raided the offices of cryptocurrency platforms CoinDCX and Delta Exchange in Bengaluru.
Voltas appoints Noel Tata as Chairman Emeritus
Leading cooling products manufacturer Voltas has announced the appointment of Noel N Tata, Chairman and Director of the company, as its new Chairman Emeritus.
OpenAI hits $1.25 trillion valuation on $11B funding round
OpenAI has reportedly raised $11 billion in a new funding round, valuing the artificial intelligence (AI) lab at a whopping $1.25 trillion.
PNB fraud: Court issues non-bailable warrant against Jayesh Shah
A special Central Bureau of Investigation (CBI) court has issued an open-ended, non-bailable warrant against Jayesh Shah, a Hong Kong-based accused in the Punjab National Bank (PNB) fraud case.
MobiKwik gets RBI nod to start NBFC operations
MobiKwik Financial Services Private Limited (MFSPL), a wholly-owned subsidiary of One MobiKwik Systems, has received the Reserve Bank of India's (RBI) Certificate of Registration to operate as a Non-Banking Financial Company (NBFC).
BSNL, Vodafone Idea in talks to share network infrastructure: Report
State-owned telecom giant Bharat Sanchar Nigam (BSNL) and private operator Vodafone Idea are reportedly in discussions to share network infrastructure.
Mamaearth parent Honasa's Q2 profit jumps 87% to ₹73 crore
Honasa Consumer Limited, the parent company of Mamaearth, has reported stellar financial results for the September quarter (Q2FY27).
Dhanteras to generate over ₹1 lakh crore in business: CAIT
The Confederation of All India Traders (CAIT) has predicted that Dhanteras will generate over ₹1 lakh crore in business across India today.
Centre clears 12 electronics projects worth ₹7,500 crore
The Indian government has approved 12 projects under the Electronics Component Manufacturing Scheme (ECMS), with a combined investment of over ₹7,500 crore.
Gujarat Energy signs 10-year LNG deal with ADNOC
Gujarat Energy has signed a long-term Sales and Purchase Agreement (SPA) with Abu Dhabi National Oil Company (ADNOC) to procure up to four million tons of Liquefied Natural Gas (LNG).
Sensex rallies 1,000 points as global markets tumble
The Indian stock market has shown remarkable resilience on November 6, defying weak global cues and continuing its upward trajectory.
Indian rupee hits 6-month high against US dollar
The Indian rupee has hit a six-month high of 94.08 against the US dollar on Friday, its strongest intraday level since May 7.
Oil tops $100 amid tanker attacks in Strait of Hormuz
Crude oil prices have surged in response to reports of fresh attacks on tankers in the Strait of Hormuz.
NCLT declares Videocon promoter Venugopal Dhoot bankrupt
The National Company Law Tribunal (NCLT), Mumbai bench, has declared Venugopal Dhoot, the promoter of Videocon Industries, as bankrupt. The ruling comes after a ₹12,668 crore claim by the State Bank of India (SBI).
KLM to cut 1,000 jobs
Dutch airline KLM has announced plans to cut around 1,000 jobs in the coming years. The decision comes as a response to rising fuel prices and higher operating costs.
Why Anthropic's $1.5T IPO is facing pushback from investors
Anthropic's proposed $1.5 trillion valuation for its IPO is facing resistance from major investors, The Wall Street Journal reported.