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Posted in Economy

India gets $72.8 billion in dollar inflows under RBI swap facility

India has received dollar inflows of $72.8 billon under special swap facility foreign currency non resident (bank) FCNR (B), external commercial borrowings (ECBs) and overseas…

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Posted in Economy

India’s sugar stockpile set to shrink as output estimate falls: Govt

India’s sugar production in the current season is now estimated at around 306 lakh tonnes, about 11% below the initial estimate of 343 lakh tonnes…

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It wants more cash for its data—and more of people’s time (AP Photo)
Posted in Business

Can Reddit survive in the AI era?

Earlier this summer “Backrooms”, a horror flick, became one of the most successful independent films ever made, grossing $393m from a $10m budget. Its source…

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Posted in Economy

Ahead of Vibrant Summit 2027: Gujarat CM meets global business leaders in New York to drive investments in AI, fintech, and nuclear energy

Gandhinagar: Gujarat Chief Minister Bhupendra Patel held one-to-one meetings with leaders from various sectors in New York on the fifth day of his US visit…

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Posted in Economy

‘I didn’t say which Diwali’: Boris Johnson on India-UK FTA deadline; hails scotch whisky tariff cut from 150% to 75%

Former UK Prime Minister Boris Johnson had a cheeky response when asked about his earlier promise to conclude the India-UK Free Trade Agreement by Diwali,…

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Posted in Economy

Chhattisgarh steps up geospatial, logistics planning with two PM GatiShakti pacts

Raipur: The Chhattisgarh government has signed two memoranda of understanding with BISAG-N and National Logistics Data Services Ltd (NLDSL) to boost the use of geospatial…

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Nvidia stock faces high expectations ahead of August 26 earnings as Wall Street watches AI growth, valuation, open-source models. (REUTERS)
Posted in Business

What’s next for Nvidia after the AI chip boom? Wall Street wants more—here’s what investors need to know

Nvidia is set to report its latest earnings on August 26, but Wall Street is not simply waiting to see whether the chip giant beats…

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Walmart adds Apple Pay and Google Pay Tap to Pay from August 24. (Bloomberg)
Posted in Business

Walmart stock falls 9% as retailer finally brings Apple Pay, Google Pay

Walmart stock fell sharply after the retail giant reported its latest earnings. Shares dropped around 9%, falling from $114.30 to $103.84. Walmart also saw its…

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Robinhood stock rises nearly 5% as Trump backs the Clarity Act, boosting hopes for clearer US crypto rules and stronger growth for HOOD. (AP)
Posted in Business

Why is Robinhood stock rising today? Trump’s crypto push sends HOOD up nearly 5%

Robinhood shares jumped nearly 4.9% in pre-market trading on Friday. The rise came as investors became more optimistic about the future of cryptocurrency regulation in…

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Vijay Shekhar Sharma's Rs 4 crore pay found 'materially below' peer median; Board recommends revision
Posted in Startups

Vijay Shekhar Sharma’s Rs 4 crore pay found ‘materially below’ peer median; Board recommends revision

After an independent benchmarking exercise found that the remuneration of Paytm founder and chief executive officer (CEO) Vijay Shekhar Sharma was materially below the benchmarks…

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