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Posted in Economy

RBI board gets three new part-time directors

New Delhi: The appointments committee of the cabinet, or ACC, has approved the proposal of the Department of Financial Services in the Finance Ministry for…

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Anthropic could reach a $2 trillion IPO valuation as revenue surges, raising questions about whether the AI company can be worth more than SpaceX. (REUTERS/ Representative)
Posted in Business

Anthropic $2 trillion IPO: Why investors think it could be worth more than SpaceX

Anthropic, the artificial intelligence company behind Claude, could be valued at $2 trillion when it goes public, according to some investors. That would put Anthropic…

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Posted in Economy

Sugar production hit by Red Rot disease, El Nino; govt taking measures: Pralhad Joshi

Union Minister Pralhad Joshi on Sunday said the Centre was taking several measures, including temporary imports of raw sugar, to address concerns over sugar availability…

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Posted in Economy

Commerce Minister Piyush Goyal leads 200-member business delegation to Japan, to push trade, investment

Tokyo: Commerce and industry minister Piyush Goyal is leading a 200-member business delegation to Japan for a four-day visit starting August 24, which is expected…

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The S&P 500 CAPE ratio hit 40 for only the second time in 155 years, raising concerns about valuations, future returns and a possible market correction. (Photographer: Michael Nagle/Bloomberg) (Bloomberg)
Posted in Business

S&P 500 just hit a level seen only once before in 155 years — could a market crash be next?

The S&P 500 has reached a very rare valuation level. The S&P 500 Shiller CAPE ratio hit 40 in June 2026, marking only the second…

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Bill Ackman is betting beyond AI with six new stock picks, while dumping Alphabet, Universal Music Group and Hertz. (Bloomberg)
Posted in Business

Bill Ackman buys 6 stocks and dumps 3 as he looks beyond the AI boom

Bill Ackman is making a big shift in his investment portfolio in 2026. The billionaire investor, who runs Pershing Square, has made several major changes…

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Posted in Economy

India-Japan business mission to focus on semiconductors, electronics; MoUs expected during visit: FICCI

Tokyo: India and Japan are set to step up cooperation in semiconductors and electronics, with MoU signings expected during the ongoing business mission, as the…

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Posted in Economy

India eyes critical minerals, bigger markets in South America trade push

New Delhi: India is enhancing its focus on South America as part of its trade diversification strategy, particularly Chile, Argentina, and Brazil, which present significant…

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Posted in Economy

US-India trade deal nearly final, Rubio to visit India in October: Sergio Gor

Almost everything” about the US-India trade deal is done “in principle,” said Sergio Gor. The US ambassador to India also sought to draw a distinction…

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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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