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Investors gain ₹2.6L/cr despite Sensex dip on Diwali muhurat
In the special Diwali Muhurat trading session, both BSE Sensex and Nifty50 ended marginally lower, snapping a seven-day rally despite opening on a positive note.
Bill Gates urges higher taxes on billionaires amid AI disruption
Bill Gates argues that governments should increase taxes on billionaires as AI-driven economic growth risks widening the wealth gap, emphasizing public policy over philanthropy.
Gita Gopinath warns AI spending boom risks investor losses
Gita Gopinath warns that the nearly $1 trillion investment in AI for 2026 may not yield sufficient profits, posing a risk of market correction and potential US recession.
NSE adds AI tools to app and website for investors
NSE CEO Ashishkumar Chauhan announced AI-driven analytics and technological upgrades to improve retail investor experiences as the new Samvat year begins.
Indian markets end muhurat trading with Nifty above 25,000
Investors opted for caution during the Diwali Muhurat Trading session, with the Nifty 50 holding above the crucial 25,000 mark despite a marginal dip.
Reddit user fired for automating work refuses to train replacement
An employee who automated their 6-hour job into 1 hour was fired and asked to train their replacement, sparking a viral Reddit debate on workplace ethics and automation.
Binance CFO Kaiser Ng resigns after $6.3B hack, pursues venture
Kaiser Ng is leaving Binance after over five years, with Justin Yek, former Airwallex VP of finance, stepping in as the new CFO.
Tata Teleservices shares rally over 23% despite ₹25,000 DoT penalty
Tata Teleservices (Maharashtra) shares jumped over 6% during Muhurat Trading on 8 November, extending a four-day rally to 23%, despite a recent regulatory penalty.
Sensex rises 401.80 points to 81,406 in Diwali Muhurat trading
Sensex and Nifty surged during the special Muhurat trading session, with Sensex rising 401.80 points to 81,406 and Nifty climbing 79.15 points to 25,109.40.
Foreign investors return as Indian firms show 10%-12% dollar earnings
Samir Arora attributes the return of foreign investors to Indian equities to resumed double-digit corporate earnings growth in dollar terms and easing economic headwinds.
Global gold prices down 24% since January, India's drop 20%
Global gold prices have plummeted by 24% since January, but Indian buyers experienced only a 20% decline due to higher import duties and a weaker rupee.
KPMG report finds global disruption risk rising for businesses
A KPMG report reveals 56% of global business leaders foresee severe operational disruptions from geopolitical, technological, and economic challenges in the coming years.
Poundland at crossroads as Martin Property Group urges funds release
Martin Property Group is pressing Gordon Brothers to release funds immediately to restock Poundland, aiming to secure a rescue deal and save over 10,000 jobs.
Muhurat trading lifts Sensex 350 points as Nifty tops 23,100
Sensex surged by 350 points, surpassing 81,380, while Nifty climbed above 25,100 during the Muhurat Trading session on Diwali, reflecting strong investor enthusiasm.
Samsung Electronics hits 200 trillion won cash reserves semiconductor-driven
Samsung Electronics is poised to become South Korea's first company with cash assets exceeding 200 trillion won, driven by the AI-fueled semiconductor boom.
EY says adding AI alone will not fix customer service
Adopting AI tools alone is insufficient for transforming customer service; companies must redesign operating models and workforce capabilities, according to an EY report.
Reserve Bank of India says CTS checkbooks unchanged in 2027
The Reserve Bank of India has refuted social media claims about introducing new CTS cheque books with updated security features from January 1, 2027, labeling them as misleading.
IEA: India could save nearly $240bn via renewables by 2030
India's transition to renewable energy could save $240 billion on coal and natural gas imports by 2030, enhancing energy security and economic resilience, according to the IEA.
Adani Enterprises to spend ₹35,000-₹40,000cr yearly on airports data-centers PVC-complex
Adani Enterprises Ltd aims to invest ₹35,000-40,000 crore annually over the next two years, focusing on airports, data centres, and a PVC complex as key growth drivers.
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.
India leads ChatGPT usage, weekly users doubled since January 2026
India has emerged as ChatGPT's largest market by weekly active users, with its user base doubling since January 2026, according to OpenAI India managing director Prabhjeet Singh.
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.
Indian markets set for positive Muhurat session amid foreign inflows
Gift Nifty indicates a positive opening, trading 0.19% higher at 25,038.50, ahead of the special Diwali Muhurat trading session on Sunday.
EY India: AI lifts service up to 50% for achievers
Organizations achieving the highest value from AI in customer service reported over 50% improvements in key performance indicators, yet value realization remains uneven.
Muthoot Microfin raises it budget 40% to counter AI threats
Muthoot Microfin Ltd increases IT spending by 40% to enhance cybersecurity, responding to AI-driven threats and evolving rural consumption patterns.
Foreign investors invested ₹38,971 cr in Indian stocks
Foreign portfolio investors redirected Rs 38,971 crore into Indian equities in a week as global AI stock sell-offs highlighted India's earnings growth and attractive valuations.
Global investors shift from AI, pour $1.9 billion into India
Global investors are shifting focus to India due to its minimal AI exposure, as falling oil prices and easing trade tensions enhance the appeal of its consumer-focused sectors.
Investors move from AI to China and India after midterms
The slowdown in AI investments post-US midterms is redirecting global investor focus towards undervalued stocks in China and India, boosting interest in domestic growth sectors.
US midterms push investors from AI into India and China
The post-US midterm election shift away from AI investments is driving renewed interest in undervalued Indian and Chinese stocks, as investors seek markets with less AI exposure.
Intel shares drop 57% in Q4 2026, biggest S&P loser
Intel's stock plummeted by 57% in Q4, making it the worst-performing S&P 500 stock, amid weakening PC demand and rising memory prices impacting its client computing business.
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.
Why Noel Tata is stepping down as Titan vice-chairman
Noel Tata, the Vice-Chairman and non-executive non-independent director of Titan Company Ltd, will retire from his position on November 12.
Nasdaq enters correction territory
The Nasdaq Composite Index has entered correction territory, having fallen over 5% on Thursday.
Tesla, SpaceX lose over $420 billion after US midterm results
Elon Musk's companies, Tesla and SpaceX, have witnessed a massive dip in their combined market capitalization by over $420 billion.
China's 10-year bond yield hits record low
China's 10-year government bond yield has hit an all-time intraday low of 1.58%, according to Bloomberg.
Gaming software provider Unity in talks for takeover
Unity Software, a leading provider of gaming software, is in talks for a potential acquisition by a consortium of investors. according to Reuters.
Jack Dorsey's Block conducts 2nd round of layoffs this year
Twitter co-founder Jack Dorsey's fintech company Block has laid off employees for the second time this year.
Apple seeks $7 billion through bond sale
Apple is looking to raise around $7 billion through a US-dollar bond offering, Bloomberg reported on Thursday.
Foreign investors pump $1.6B into Indian stocks in one day
India has witnessed its biggest single-day foreign investment in nearly six years, with overseas investors buying Indian equities worth ₹14,796 crore on Thursday.
$2.5T wiped out as Nasdaq plunges 5.5% in one day
The Nasdaq Composite index nosedived by a staggering 5.52% on Thursday, marking its biggest single-day decline in 19 months.
Adani Ports acquires European storage giant Evos for €2.5B
Adani Ports and Special Economic Zone Limited (APSEZ) has announced its plan to acquire a 100% stake in Netherlands-based Evos B.V.
Bharti Airtel Q2 profit rises 31% to ₹8,888cr
Bharti Airtel has reported a 31% increase in its net profit for the quarter ending September 30, 2026. The telecom giant's net profit stood at ₹8,888 crore during this period.
Muhurat trading on November 8: Check NSE, BSE timings
The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will host a special Muhurat trading session on Sunday, November 8, 2026. The event is being held to celebrate Diwali Laxmi Pujan.
M&M Q2 profit jumps 25% to ₹4,588 crore
Mahindra & Mahindra has reported a robust 25% year-on-year increase in its consolidated net profit for the second quarter of FY27.
Blinkit to charge ₹2,500 for non-emergency ambulance rides
Blinkit has introduced a new fee structure for its ambulance services. The company now charges ₹2,500 for non-emergency patient transfers.
Shiprocket swings to profit as Q2 revenue jumps 35%
Shiprocket, a leading logistics and e-commerce enablement company based in New Delhi, has posted a net profit of ₹60 lakh for the second quarter of FY27.
Dubai Duty Free offers Indian travelers 10% UPI discount
Indian travelers can now enjoy a 10% discount at Dubai Duty Free by using India's Unified Payments Interface (UPI) for payments.
HDFC Bank hikes FD rates: Check new returns
HDFC Bank has revised its fixed deposit (FD) interest rates, effective from November 4, 2026.
Microsoft rejects multibillion-dollar deal with data center firm Nscale
Microsoft has rejected a multibillion-dollar agreement to more than double the size of its existing agreement with UK-based artificial intelligence (AI) company Nscale to rent computing power at a Texas data center.
Zomato now delivers food from restaurants up to 40km away
Zomato has launched a new feature called 'Limitless Delivery,' allowing customers to order food from their favorite restaurants even if they are far away.
Meta offers voluntary exits to employees in France
Meta, the tech giant led by Mark Zuckerberg, has joined the likes of Microsoft and Google in offering voluntary exits to select employees.
Tonbo Imaging shares double in just 10 trading sessions
Tonbo Imaging's shares jumped by 14% on Thursday, following the company's September quarter results.
OpenAI plans market debut in 2027 as enterprise sales surge
OpenAI President Greg Brockman has revealed that the company now earns most of its revenue from enterprise sales.
Lenskart jumps 10% after strong Q2 earnings
Lenskart's shares jumped over 10% on Thursday after the eyewear retailer reported a massive 122.1% year-on-year (YoY) jump in its consolidated profit for the September quarter.
Crude oil slips below $94 as US-Iran war fears ease
Oil prices have been on a downward trend for four consecutive days, with Brent crude futures dropping by 1.03% to $93.65 per barrel and US West Texas Intermediate crude futures falling by 1.29% to $86.98 per barrel on Thursday.
Sensex jumps 1,400 points, Nifty crosses 24,300
India's stock market opened on a high note today, extending its winning streak for the sixth consecutive session.
Sequoia raises $10B while scaling back global operations
Sequoia Capital, a leading global venture capital firm, has announced a major restructuring of its operations. The company has raised around $10 billion in new funds as part of this initiative.
Who is Emma Walmsley, HP's newly appointed CEO?
HP Inc. has appointed Emma Walmsley as its new Chief Executive Officer (CEO).
Google extends buyout offers to staff in 5 more countries
Google has extended its voluntary employee buyout program to five new countries. The move comes as part of a cost-cutting strategy amid the company's heavy investments in artificial intelligence (AI).
Lenskart's Q2 profit more than doubles to ₹232.5cr
Lenskart, India's leading eyewear retailer, has reported a massive year-on-year (YoY) growth in its net profit for the September quarter.
Cabinet clears ₹14,500cr scheme for 92GWh energy storage
The Union Cabinet has approved a massive ₹14,500 crore funding scheme aimed at developing 92GWh of new grid-scale energy storage capacity across India.
3,000 points in 3 days: What's driving the Sensex rally?
The Indian stock market has witnessed a massive turnaround in the last few sessions, with the Sensex surging by nearly 3,000 points.
AMD books $1B charge tied to OpenAI, Meta deals
Advanced Micro Devices (AMD) is witnessing a major impact on its profits due to its strategy of giving away stakes in its future success.
India's services growth hits 4-month high
India's services sector, a key driver of the economy, has witnessed its fastest growth in four months.
Canva's biggest restructuring affects 22% of its workforce
Canva, one of Australia's most valuable tech start-ups, has announced a major restructuring plan that will see over 1,200 employees laid off or relocated.
Amul hikes butter, ghee prices ahead of Diwali
Amul has increased the prices of ghee and butter ahead of Diwali. The company has increased the cost of a 1kg carton of ghee by ₹50 to ₹680.
How Indian investors allegedly lost ₹100cr in Stockal trading scam
Nearly 30 retail investors have reported unauthorized access to their Stockal accounts and liquidation of their US stock holdings.
Mukesh Ambani reclaims top spot among Asia's richest billionaires
Reliance Industries chairman and MD Mukesh Ambani has reclaimed the title of Asia's richest person, according to Forbes's Real-Time Billionaires list.
Foreign investors pump $2.3B into Indian stocks in 10 days
Foreign portfolio investors (FPIs) have invested $2.28 billion in Indian equities over the last 10 days.
India's gold demand to hit 6-year low in 2026
India's gold demand is projected to hit a six-year low in 2026, driven by high prices and weakening rural demand, as per the World Gold Council (WGC).
Microsoft to raise $25B through bond sale
Microsoft has announced plans to raise $25 billion through a bond sale.
SBI Q2 profit rises 14% to ₹23,038 crore
State Bank of India (SBI), the country's largest lender, has reported a net profit of ₹23,038 crore for the second quarter of FY27.
GIFT Nifty extends trading hours to 23.5 hours a day
The NSE International Exchange (NSEIX) has announced extended trading hours for the NSE IFSC Nifty 50 Index Futures, popularly known as GIFT Nifty.
Anthropic's Q3 $17B revenue comes with $567M loss
Anthropic, the AI firm behind Claude, has reported an operating loss of $567 million for the third quarter.
Disney plans to lay off thousands: Report
Walt Disney is reportedly planning to lay off thousands of employees as part of a major restructuring effort.
Sensex gains over 900 points: What's driving today's rally?
The benchmark equity indices, Sensex and Nifty, continued their winning streak on Tuesday.
Website builder Squarespace cuts 19% of workforce
Website-building platform Squarespace has announced a major downsizing, laying off 19% of its workforce.