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Bitcoin holds near $86,000 despite Federal Reserve hike, dollar rise
The U.S. Dollar Index reached 102.5, its highest in 18 months, while bitcoin remains resilient around $86,000 despite fiscal concerns in Europe and rising bond yields.
Razorpay joins OpenAI to launch ChatGPT ads for Indian brands
Razorpay has teamed up with OpenAI to introduce ChatGPT Ads to Indian brands, enabling them to leverage conversational AI for innovative advertising and product discovery.
SEBI may move derivatives settlement to 30 minutes VWAP system
Sebi plans to halt the closing auction for derivatives settlement, opting for a 30-minute volume-weighted average price after receiving significant feedback on recent rule changes.
Flipkart invests in TravClan to boost Cleartrip and Flipkart Travel
Flipkart has acquired a minority stake in TravClan, a B2B travel technology platform, to enhance its international travel offerings through Cleartrip and Flipkart Travel.
China closed 670 small banks to merge into larger banks
China closed 670 banks in 2025 as part of a consolidation effort to strengthen its financial system amid concerns over economic slowdown and weaknesses in rural banking sectors.
PFRDA launches NPS Swasthya to cover medical costs in retirement
NPS Swasthya, launched by PFRDA, integrates a healthcare investment account with a super top-up health insurance policy to aid retirees in managing medical expenses efficiently.
GST Council to consider single GST registration for e-commerce sellers
The GST Council is considering a proposal to allow small businesses selling exclusively through e-commerce platforms to operate with a single GST registration.
OpenAI CEO Sam Altman backs Cerebras after NVIDIA chips decision
Cerebras shares rose 6% in premarket trading after OpenAI CEO Sam Altman reaffirmed the chipmaker as a "close partner," following concerns over their collaboration.
Why an expert is asking Modi to 'save Indian mica'
Raoul Prem Menon, a scientific mica expert associated with the Bureau of Indian Standards's ETD 02 committee, has sounded an alarm over India's mica exports.
This quarter 91 companies will unlock around $14B IPO shares
In the next three months, shares worth approximately $14 billion from 91 companies will become eligible for trading as lock-ins expire, impacting Dalal Street dynamics.
Shapoorji Pallonji halts realty IPO amid over ₹55,000 cr debt
The Shapoorji Pallonji Group has paused its plans to list its real estate business, focusing instead on alternative strategies to address its significant debt burden.
Amin Nasser says global oil inventories may take 2 years
Saudi Aramco CEO Amin Nasser cautions that rebuilding global oil inventories could take up to two years amid ongoing supply disruptions from the U.S.-Iran conflict.
India telecom sector may hike tariffs 12% to 15% soon
India's telecom operators are expected to implement a 12-15% tariff increase in the next four to five months, driven by a favorable pricing environment and market consolidation.
Honda partners with Tata Technologies to cut India costs 20%
Honda Motor is partnering with Tata Technologies to cut costs by 20% and halve development times, addressing internal disagreements over supplier strategies in the Indian market.
Saudi Aramco secures exports with new routes and storage plans
Saudi Aramco is developing new export routes and overseas storage to counteract vulnerabilities exposed by repeated attacks on its energy infrastructure and shipping network.
UBS forecasts India's online market tops $200B in 5 years
UBS forecasts a potential $6 billion-$10 billion profit pool in India's internet economy, driven by rapid growth in e-commerce and digital categories beyond major cities.
Blackstone leads $200 million for Neysa to deploy GPUs in India
Neysa, an Indian AI cloud platform, is set to raise $200 million led by Blackstone and OTPP to expand its data centre capabilities in India.
BMW to cut 20% of divisions and managers for AI
BMW plans to cut 20 percent of management roles by mid-2027 as it integrates AI across its operations, aiming for more efficient development and decision-making processes.
Narendra Modi announces India's 1st FTA with EFTA, $100B forecast
Prime Minister Narendra Modi announced that the India-European Free Trade Association agreement is set to create 1 million jobs and attract $100 billion in investment.
Foxconn's Q3 revenue jumps 47% on AI server demand
Foxconn has reported a massive 47% year-on-year (YoY) jump in its third-quarter revenue.
Michael Burry warns OpenAI and Anthropic IPOs could wipe trillions
Michael Burry, famed for predicting the 2008 housing crash, urges Wall Street to block OpenAI and Anthropic IPOs, warning they could destroy trillions in capital.
Nykaa parent shares rise over 5% after 30% sales growth
Nykaa shares rose over 5% following a robust Q2 business update, with NSV growth exceeding 30%. Goldman Sachs raised its price target despite maintaining a "Neutral" rating.
Gold falls to ₹1.49 lakh, silver gains on global cues
Gold prices fell nearly 1% on the MCX due to a stronger US dollar and elevated bond yields, while silver gained over 0.5%, tracking a firmer global trend.
Bharat Forge wins Pratt & Whitney Canada engine parts contract
Bharat Forge Ltd has announced a long-term contract with Pratt & Whitney Canada to supply mission-critical aerospace engine components, manufactured at its Indian facility.
Oman overtakes US as India's largest LNG supplier in September
In September, Oman became India's leading LNG supplier, accounting for 27% of imports, while Qatar's share dropped significantly to 4.3% amid regional conflicts.
83% of merchants unwilling to absorb new UPI-MDR charge: Survey
A recent survey by LocalCircles has revealed that a whopping 83% of merchants are not ready to absorb the new Merchant Discount Rate (MDR) for Unified Payments Interface (UPI) transactions.
Kotak Mahindra launches Nifty 500 index fund tracking 87% market
Kotak Mahindra Asset Management has introduced the Kotak Nifty 500 Index Fund, an open-ended fund tracking the Nifty 500 Index, offering broad-market equity exposure.
Proofpoint launches AI tools and doubles down on India
Proofpoint is expanding its presence in India, addressing the growing threat of AI agents as new insider risks amid accelerating AI adoption and sophisticated cyber threats.
Schneider Electric to buy PTC for $22.6 billion in cash
Schneider Electric SE is acquiring PTC Inc. for $22.6 billion, enhancing its industrial software portfolio with AI capabilities in a deal expected to close by Q3 2027.
Foxconn revenue rises 47% to T$3.03 trillion on AI demand
Foxconn, Nvidia's largest server manufacturer, reported a 47% increase in third-quarter revenue to $95.4 billion, driven by strong demand for AI servers.
UK may impose tariffs on Chinese EVs amid EU pressure
The United Kingdom is considering imposing tariffs on Chinese electric vehicles (EVs) as it struggles to balance the interests of its domestic car industry and access to the European Union (EU) market.
Flying IndiGo gets costlier from October 6
IndiGo has announced a hike in fuel charges for its domestic and international flights. The revised rates will come into effect from October 6.
Black Opal Consultants IPO priced 185-197 with 69-times oversubscription
Black Opal Consultants' IPO was subscribed 69 times, with strong interest across investor categories. The issue size was ₹55 crore, offered in a price band of ₹185-₹197 per share.
RBI MPC begins: Is first rate hike since 2023 coming?
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has begun a three-day meeting today.
Goldman Sachs: US data centers power AI despite community concerns
Goldman Sachs reports that political opposition has minimal impact on US data center expansion, with capacity forecasts adjusted for 2026 and 2027 indicating sustained demand.
Euro hits 17-month low
The euro has plummeted to a 17-month low, amid fears over France's fiscal health and a major sell-off in its bond market.
SEBI chief Pandey warns investors about finfluencers at Panjab University
SEBI Chairman Tuhin Kanta Pandey cautioned investors about relying on finfluencers and exaggerated return claims, emphasizing the importance of informed investment decisions.
Vi offers free roaming across 170-plus-countries on selected postpaid/prepaid plans
Vi has announced free international roaming in over 170 countries, integrated into select plans, eliminating surprise charges and enhancing the travel experience for its customers.
Indian merchants resist 0.4% UPI fee over ₹2,000
A report by LocalCircles reveals that 83% of merchants are unwilling to absorb the new 0.4% merchant discount rate (MDR) on UPI payments above Rs 2,000.
AWS CEO Matt Garman debunks data center environmental myths
AWS CEO Matt Garman challenges misconceptions about data centers, asserting they use less water than claimed and contribute significantly to local economies and infrastructure.
Indifi Technologies posts fiscal 2026 profit after impairment drop
Indifi Technologies reported a revenue of Rs 371.1 crore in FY26, achieving profitability due to reduced impairment costs and controlled operating expenses.
Snapdeal parent AceVector lists at 11.5% discount
AceVector Ltd., the parent company of e-commerce platform Snapdeal, has made a lackluster debut on the Indian stock market.
GST Council to consider single application for multi-state GST registration
The GST Council is considering a proposal to allow businesses to apply for GST registration in multiple states through a single application process.
Razorpay and OpenAI launch ChatGPT Ads product search in India
Razorpay and OpenAI have partnered to enable Indian businesses to launch and manage advertising campaigns on ChatGPT, revolutionizing product discovery through conversational AI.
Orient Cables lists at ₹450, 65% above IPO price
Orient Cables made a strong debut on the National Stock Exchange(NSE) today, with its shares listing at ₹450 each. This is a 65.44% premium over its initial public offering (IPO) price of ₹272 per share.
Oil prices drop as Middle East crude exports rise
Oil prices fell on Monday, with Brent crude futures dropping by $0.7 to $101.60 a barrel and US West Texas Intermediate crude declining by $0.9 to $90.15 a barrel.
Adani Enterprises pours ₹8,379 cr, leading India's AI data centers
Adani Enterprises has invested ₹8,379 crore in its data centre venture since 2021, nearly double the combined investments of Bharti Airtel, Reliance Industries, and Tata Group.
Huawei signs multiyear patent deal with Qualcomm including 5G
Huawei Technologies has entered a multi-year patent licensing agreement with Qualcomm, covering AI, 5G, computing, and networking technologies.
Change.org invests $100M to revamp petitions platform with AI
Change.org, the popular online petition platform, has announced a major investment of around $100 million. The money will be used to revamp its core petitions platform using artificial intelligence (AI).
Nityas Gems and Jewellery IPO 1.08x subscribed and aims 108.42cr
Nityas Gems and Jewellery's IPO was fully subscribed at 1.08 times, with retail investors leading demand, as the issue closed on October 5.
Cambium Networks closes Bengaluru tech hub, about 200 jobs lost
Cambium Networks has closed its Bengaluru Global Capability Centre, impacting around 200 employees, as part of a global restructuring effort to streamline operations.
N Chandrasekaran: India economy steady on demand and services exports
N Chandrasekaran emphasizes energy security and manufacturing as crucial for sustaining India's economic growth, highlighting the need for advanced capabilities and job creation.
India-US trade talks have hit a plateau, says Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has said that the ongoing trade negotiations between India and the US have hit a plateau.
Motilal Oswal sets ₹1,800 target for Molbio Diagnostics citing Truenat
Motilal Oswal recommends a buy on Molbio Diagnostics, citing its innovative Truenat platform and strong growth potential, with a target price of Rs 1800.
Nykaa stock jumps 4.02% Monday after Q2 FY2027 revenue update
Nykaa shares rose over 4% after a strong Q2 FY2027 revenue update, with the fashion vertical leading growth through new customer acquisition and brand additions.
BSNL employees nationwide to strike November 20 over pay revision
BSNL employees are threatening a nationwide strike over a nine-year pay dispute, demanding salary revisions despite the company's ongoing financial losses.
Saudi Arabia cuts oil price for Asia to 6-year low
Saudi Arabia has announced a major cut in the price of its benchmark oil grade, Arab Light crude, to Asia.
RBI likely intervened Monday to steady rupee amid dollar strength
The Reserve Bank of India intervened in the forex market as the rupee faced pressure from a stronger dollar and volatile oil prices, traders reported.
Gold prices rise on reduced Fed rate hike expectations
Gold prices witnessed a slight uptick in early Asian trading on Monday as weak US job growth figures for September have significantly reduced the chances of an interest rate hike by the Federal Reserve in October.
Bajaj Finance, Petronet LNG boardroom moves lift Indian stocks Monday
Bajaj Finance shares climbed 4.6% following a fundraising plan approval, while Petronet LNG rose 2.4% after announcing Sanjay Kumar's appointment as MD & CEO.
Accenture posts strong Q4 as AI lifts, Indian IT mixed
Accenture's strong Q4 results highlight growing AI demand, but pricing pressures pose challenges for Indian IT firms as they navigate subdued revenue growth.
HDFC Bank shares up nearly 2% on CEO announcement, results
HDFC Bank shares increased nearly 2% following the announcement of Anup Bagchi's appointment as CEO and a positive Q2 business update showing growth in advances and deposits.
AceVector, Snapdeal parent, opens shares more than 11% below IPO
Shares of AceVector Ltd., Snapdeal's parent company, opened nearly 12% below their IPO price on Dalal Street, listing at ₹28.32 on the NSE and ₹28.30 on the BSE.
India and US trade talks hit roadblock, Nirmala Sitharaman says
India and the US have hit a plateau in trade negotiations, with Finance Minister Nirmala Sitharaman indicating limited room for further concessions after rigorous discussions.
German Green Steel and Power lists, raises ₹303.9cr IPO proceeds
German Green Steel and Power shares opened at a modest premium on the BSE and NSE after being subscribed 30.42 times in their IPO.
Anthropic eyes November IPO at $2 trillion valuation
Anthropic, the artificial intelligence company behind Claude, is gearing up for its initial public offering (IPO) as early as the week of November 9. The move could see it trading before Thanksgiving.
Meta parts ways with Virtue AI citing working style differences
Meta has let go of Virtue AI co-founders and employees just four months after hiring them, citing differences in working styles, confirmed spokesperson Andy Stone.
Bitcoin passes $86,000, nears 8-month peak after US jobs data
Bitcoin surged to nearly $87,000, approaching an eight-month high, before reversing to just under $86,000 amid expectations of lower U.S. interest rates and global stock gains.
India's IT slows while Centrum sees $300-400bn AI services market
India's IT sector faces muted Q2 performance, but AI-related deals are expected to drive medium-term growth, with the market potentially reaching USD 300-400 billion by 2030.
Sensex, Nifty rebound after longest losing streak in 25 years
India's benchmark indices, the Sensex and Nifty, opened on a positive note today. The upward movement comes after their longest weekly losing streak in 25 years.
BOJ deputy Uchida says AI boom lifts demand, warns markets
The Bank of Japan notes that the global AI boom has eased financial conditions by boosting demand and asset prices, but warns of potential market risks if profits fall short.
Bond yields slip, Brent tops $101 and US jobs miss
The benchmark 10-year bond yield fell to 7.206 percent, influenced by a drop in Brent crude prices and reduced expectations of a Fed rate hike following weak US jobs data.
Sensex climbs 476 points as banks and metals lead gains
The domestic equity markets opened higher on October 5, 2026, with the Sensex rising 476 points and the Nifty surpassing 22,500, led by gains in PSU banks and metal stocks.
India's monsoon shortfall 12.6% hurts rural demand, 100-110cc down 3.2%
India's weak monsoon is impacting rural consumption, affecting entry-level motorcycles, FMCG products, and consumer appliances ahead of the festive season.
Indian markets open higher, Sensex up 413, Nifty above 22,500
The Indian stock market saw a positive start today, with Sensex rising by 413 points, despite ongoing tensions in the Middle East affecting global markets.
Runwal Enterprises lists on BSE and NSE after ₹500cr IPO
Runwal Enterprises shares are set to debut on the BSE and NSE with a zero grey market premium, indicating expectations of a flat listing around the IPO price of Rs 305.
Sensex and Nifty surge, snap 25-year weekly losing streak
Sensex and Nifty opened higher on Monday, ending their longest weekly losing streak in 25 years, aided by easing US monetary concerns and a drop in oil prices.
Japan's Nikkei jumps 2.53% to 3-month high on AI gains
Japan's Nikkei index surged over 2.5% to surpass 70,000 for the first time in three months, driven by gains in chip-related and AI stocks.
Japan 30-year bond yield hits 4.235% before Sanae Takaichi speech
Japan's 30-year government bond yield surged to a historic 4.235% as investors awaited Prime Minister Sanae Takaichi's address, amid concerns over her spending agenda.
Indian rupee opens stronger at 96.22 as oil falls
The Indian rupee strengthened to 96.22 per dollar, supported by softer oil prices and reduced expectations of an October Federal Reserve rate hike.
Indian markets to open higher Monday as GIFT Nifty jumps
GIFT Nifty rose by 131 points to 22,622.5, indicating a positive start for Indian markets, driven by gains in Asian equities and softer US employment data.
Anthropic may market IPO week of Nov 9, targets $1.8-$2T
Anthropic plans a November IPO, targeting a $2 trillion valuation, while its filing highlights potential existential risks posed by advanced AI technology.
Orient Cables debuts on BSE and NSE after ₹552cr IPO
Orient Cables shares are listing today on BSE and NSE, with a grey market premium indicating a 45% premium over the issue price.
G-7 release helps oil prices ease amid Middle East tensions
Crude oil prices fell to $101 as increased Middle Eastern exports and planned releases by the Group of Seven nations added supply, despite ongoing Iran war tensions.
HDFC Bank names Anup Bagchi MD, CEO for 3 years
HDFC Bank, under new MD & CEO Anup Bagchi, plans a three-pronged strategy focusing on brand rebuilding, balance sheet optimization, and future readiness to enhance performance.
Gold rises after weak US jobs, investors expect no hike
Gold prices rose in early Asia trading on Monday, driven by weak US job growth data that reduced the likelihood of an October Federal Reserve rate hike.
Saudi Arabia cuts Arab Light Asia price with $5/bbl discount
Saudi Arabia has reduced the price of its Arab Light crude for Asian buyers to the lowest level in six years, amid increased flows through the Strait of Hormuz.
India posts highest private investment growth in over 3 years
Private investment in India is experiencing a strong revival, with capital formation in the first quarter growing at its fastest pace in over three years.
Sankaran Naren urges diversification as AI cools, India benefits
Sankaran Naren suggests that when the AI-led growth slows, India may experience renewed investor interest due to its strong domestic growth prospects.
Asian stocks rise after US jobs data eases Fed fears
Asian stocks climbed following softer US jobs data, reducing pressure on the Federal Reserve to raise interest rates, while Brent crude prices increased amid geopolitical tensions.
Accenture shares surge boosts confidence in Indian IT and AI
Accenture's strong financial performance boosts investor confidence, suggesting potential recovery in the Indian IT sector amid AI-driven challenges.
Accenture cuts shareholder returns to at least $9.5B, prioritizes acquisitions
Accenture plans to reduce shareholder returns this fiscal year, allocating more funds towards acquisitions, with a record $8 billion earmarked for strategic growth opportunities.
AM Intelligence backed by Greenko founders orders 20,000 NVIDIA GPUs
AM Intelligence, backed by Greenko founders, has placed a $4 billion order for 20,000 Nvidia Rubin GPUs to establish a 70MW capacity amid global chip shortages.
Ethiopian Airlines orders 10 Boeing freighters: 8 777-8s, 2 777s
Ethiopian Airlines has ordered eight 777-8 freighters and two 777 freighters, enhancing its fleet with the advanced capabilities of Boeing's next-generation aircraft.
Equip reports 65% of its AI hires are nontech roles
AI-powered recruitment is now mainstream, extending its reach from tech to non-tech sectors like manufacturing and retail, driven by dynamic assessment capabilities.
Tata Electronics to launch Assam semiconductor assembly plant December 2026
Tata Electronics' semiconductor assembly facility in Assam is set to begin operations by December, supported by a diversified supply chain that excludes China-based suppliers.
David Beckham's DRJB reports £84 million and nearly £50 million pre-tax profit
David Beckham's business empire generated £84 million in revenue and nearly £50 million in pre-tax profit in 2025, leveraging his name as a commercial asset.
AWS CEO Matt Garman defends AI centers amid 100+ moratoriums
Amazon Web Services CEO Matt Garman urged communities to support data centers, despite widespread opposition and concerns over environmental impact and rising energy costs.
India launched revamped GST September 2025 to simplify taxes
Next-generation GST, introduced under PM Modi's vision, aims to simplify compliance and rationalize rates, fostering enterprise growth across India.
Anthropic launches Claude Corps fellowship for US nonprofits, paying $85,000
Anthropic's Claude Corps program offers 1,000 early-career professionals a $85,000 salary to apply AI to nonprofit missions. Applications are due by July 17 for the October cohort.
IBM and Red Hat launch $5B Project Lightwell securing open-source
IBM and Red Hat are investing $5 billion and deploying 20,000 engineers to enhance open-source software security through their new AI-powered initiative, Project Lightwell.
Upwork reports 109% increase in AI skills demand last year
Demand for AI-related skills grew by over 100% in 2025, according to Upwork, as businesses increasingly seek professionals to integrate AI tools into existing workflows.
Titan Nykaa and Amazon shift focus to smaller Indian towns
Consumer brands are increasingly targeting tier-2 and smaller cities for festive growth, as urban consumption weakens and demand rises in these emerging markets.
OPEC+ likely to keep production quotas unchanged for November
The Organization of the Petroleum Exporting Countries (OPEC) and its allies are likely to keep oil production quotas unchanged for November.
YES Bank's Q2 update: Loans up 24% to ₹3L crore
Private lender YES Bank has reported a significant growth in its loan book and deposits for the second quarter of FY2026.
Will RBI hike repo rate on October 7?
The Reserve Bank of India's (RBI) six-member Monetary Policy Committee (MPC) will meet from October 5 to 7.
India, Canada to begin 5th round of CEPA talks tomorrow
India and Canada will start the fifth round of negotiations for their proposed Comprehensive Economic Partnership Agreement (CEPA) in Ottawa from tomorrow.
Lockheed Martin might expand Indian operations but there's a catch
Lockheed Martin, the aerospace giant, has expressed its intention to expand production capabilities in India.
Nestle's low-fat dairy whitener is 'unsafe' and 'substandard': FSSAI
The Food Safety and Standards Authority of India (FSSAI) has flagged a sample of Nestle's low-fat dairy whitener as "unsafe" and "substandard."
How Canon plans to help chip manufacturers in India
Japanese imaging and optical major Canon is planning to establish technology and service centers in India.
AWS won't use NDAs while dealing with government agencies anymore
Amazon Web Services (AWS) CEO Matt Garman has announced that the company will no longer use nondisclosure agreements (NDAs) in its negotiations with government agencies for new data centers.
IPO-bound Nscale appoints Meta veteran as operations chief
Nscale, an artificial intelligence (AI) infrastructure firm, has appointed Justin Osofsky as its new Chief Operating Officer (COO).
Foreign investors pull out ₹35,000cr from Indian equities in September
Foreign portfolio investors (FPIs) have pulled out over ₹35,000 crore from Indian equities in September.
Nayara Energy hikes petrol price by ₹5, diesel by ₹3
India's leading private fuel retailer, Nayara Energy, has announced a hike in the prices of petrol and diesel.
Jio Platforms IPO may launch on October 21
Jio Platforms, the digital arm of Reliance Industries, is gearing up for its much-anticipated initial public offering (IPO).
AI valuation correction may redirect more capital toward India: RBI
Sanjay Malhotra, the Reserve Bank of India (RBI) governor, has warned that a slowdown in the global artificial intelligence (AI) investment cycle could lead to sharp asset repricing and volatility in financial markets.
ICICI Life Insurance appoints new CEO
ICICI Life Insurance Company has announced the appointment of Sidharatha Mishra as its new Managing Director and Chief Executive Officer (CEO).
UPI transactions soar to 145B in H1 FY27
The National Payments Corporation of India (NPCI) has reported a massive jump in Unified Payments Interface (UPI) transactions.
OpenAI's head of safety systems resigns
David Robinson, the head of Safety Systems at OpenAI, has resigned from his position.
Jensen Huang becomes world's 7th-richest person as NVIDIA hits record-high
Jensen Huang, the co-founder and CEO of NVIDIA Corp. has seen his net worth surpass the $200 billion mark.
NVIDIA nears historic $6 trillion market valuation milestone
NVIDIA Corporation's shares reached an intraday high for the first time since May, before paring those gains and closing just shy of a record.
Paramount-Warner Bros. Discovery merger to create Skydance
Paramount and Warner Bros. Discovery will operate as Skydance after their merger is finalized, Paramount CEO David Ellison has announced.
Eurozone inflation jumps to 3-year high
Eurozone's inflation rate has hit a three-year high of 3.8% in September, sharply rising from August's 3.2%.
Boeing averts strike as workers approve 32% pay hike
Boeing has successfully averted a potential labor disruption after its unionized white-collar workers ratified a new contract.
Oil falls as Europe considers releasing emergency diesel stocks
Oil prices witnessed a sharp decline on Friday morning, extending losses from earlier in the session.
Bitcoin crosses $86,000 mark
Bitcoin's price has surged past the $86,000 mark, marking a three-week-long recovery.
Trade measures against forced labor must be evidence-based: Piyush Goyal
India has called for trade measures against goods produced using forced labor to be backed by specific and verifiable evidence.
Sensex hits 52-week low: Why India's market rout is deepening
The Indian stock market is witnessing a major downturn, with the Sensex hitting a 52-week low of 71,293 on Thursday. This is lower than levels seen when crude prices had surged past $120 a barrel.
Adani Group to invest over ₹6 lakh crore in Maharashtra
The Adani Group has announced a massive investment plan of over ₹6 lakh crore in Maharashtra.
Nike's market value has plunged $230B from its peak
Nike's shares crashed by a staggering 8.5% in after-hours trading on Thursday to $32.20. The fall was triggered by the company's disappointing fiscal first-quarter results and an even bleaker outlook for the future.
FAA to hold safety review over Boeing 737 MAX software
The US Federal Aviation Administration (FAA) will hold a safety review on Friday over a software issue affecting Boeing's 737 MAX aircraft.
Broadcom seeks $60B financing to support Anthropic, other AI firms
Broadcom Inc. is reportedly seeking $60 billion in new financing for artificial intelligence (AI) chips.
New Mexico seeks $40B penalty against Meta over privacy violations
New Mexico has demanded that a judge impose penalties of between $35 billion and $40 billion on Meta Platforms.
US-India trade deal not 'imminent': US trade chief
The United States and India are still working on the details of a long-awaited trade agreement, US Trade Representative Jamieson Greer said on Thursday.
Musk warns Delta CEO over choosing Amazon's Leo over Starlink
Elon Musk has expressed his displeasure at Delta Air Lines for opting Amazon's Leo over SpaceX's Starlink for in-flight Wi-Fi.
Microsoft's Office and Teams chief departs
Ryan Roslansky, the former CEO of LinkedIn and current head of Microsoft Office and Teams, is leaving the tech giant.
Who is Anup Bagchi, HDFC Bank's new CEO?
HDFC Bank, India's leading private lender, has appointed Anup Bagchi as its new Managing Director and Chief Executive Officer (CEO) for a three-year term.
These BSNL plans now come with free insurance
Bharat Sanchar Nigam Limited (BSNL) has introduced free insurance benefits with two prepaid plans.
Oil prices surge over 2% as China halts fuel exports
Oil prices surged by over 2% on Thursday, with Brent crude crossing the $100 per barrel mark.
India's GST collections cross ₹2 lakh crore in September
India's gross Goods and Services Tax (GST) collection for September stood at ₹2,03,521 crore, a year-on-year increase of 14.7%.
Airtel Money sets IPO price, targets $7B valuation
Airtel Africa's mobile payments business, Airtel Money, has announced the price for its upcoming initial public offering (IPO) in London.
Nifty suffers longest losing streak in 25 years
India's benchmark index, the Nifty50, is on its longest losing streak in 25 years.
California bans AI from making layoff decisions
California has passed a groundbreaking law, the 'No Robo Bosses Act,' that prohibits employers from using artificial intelligence (AI) as the sole basis for firing or disciplining employees.
UPI crosses 800M daily transactions for first time
India's Unified Payments Interface (UPI) has hit a major milestone, processing 24.07 billion transactions worth ₹29.37 lakh crore in September.
Paramount names Ynon Kreiz co-CEO ahead of Warner merger
Paramount has announced the appointment of Ynon Kreiz as its new co-CEO, ahead of the completion of its $110 billion merger with Warner Bros. Discovery.