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Posted in Economy

RBI MPC member Nagesh Kumar flags import dependence, Gulf remittances, El Nino risks in minutes

India’s heavy reliance on imported oil and fertilisers routed through the Strait of Hormuz, its dependence on remittance inflows from the Gulf and the possibility…

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Posted in Economy

India’s forex reserves fall $9.99 billion to $671.63 billion as of June 12

India’s foreign exchange reserves fell by $9.99 billion to $671.63 billion in the week ended June 12, 2026, according to data released by the Reserve…

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Evening in Seoul’s high-end Apgujeong neighborhood.
Posted in Business

Crazy Rich Returns Lure Cabbies and Even Kids to Red-Hot Asian Markets

SEOUL—Na Se-bin has lost all sense of the value of money. Evening in Seoul’s high-end Apgujeong neighborhood. Since January, she has poured nearly all her…

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Alphabet Chief Executive Sundar Pichai
Posted in Business

Google Is Using Nvidia’s Playbook to Build a Rival AI Chip Business

Google is making an ambitious play for a bigger slice of the 21st century’s most important market: the chips that power artificial intelligence. Its financial…

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Posted in Economy

India initiates anti-dumping probe against a Chinese, Japanese chemical used in tyre, rubber items

New Delhi: India has initiated an anti-dumping probe against imports of a chemical, used in tyre and rubber products, from China and Japan, a commerce…

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Plans to list Jio Platforms Ltd had been in the works for some time now. (AFP)
Posted in Business

Jio IPO to be filed with SEBI today, says Mukesh Ambani

Reliance Industries Limited Chairman and Managing Director Mukesh Ambani has announced that the board of Jio Platforms has approved an IPO document and will be…

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Microsoft’s Fairwater AI datacenter in Atlanta (Official photo)
Posted in Business

The AI data centre paradox: Can India’s natural resources keep up?

There’s a recent thread that holds together San Francisco, Vancouver, Tucson, Santiago, Dublin, London, Johor, Batam and the Indian port city of Visakhapatnam, also called…

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Ericsson India underlines that 5G adoption is being accelerated not just by affordable smartphones but also a continued rollout of 5G FWA services. (AFP)
Posted in Business

Wired Wisdom: Ericsson’s 5G data, Apple’s AI agents, and foldable phone market

Opening thought. This week, the latest Ericsson Mobility Report arrived. The headline estimates are that India’s 5G subscriptions are expected to breach the 1.1 billion…

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Deepinder Goyal's Temple claims discovery of biomarker that calculates cost of being alive; here’s what it means
Posted in Startups

Deepinder Goyal’s Temple claims discovery of biomarker that calculates cost of being alive; here’s what it means

Deepinder Goyal on Thursday announced that his health and fitness wearables startup Temple has discovered a new biomarker called ‘Entropy’. “The Temple team has made…

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Posted in Economy

Ample world inventories may soften El Nino food supply shock

A super El Nino is likely to unsettle global weather and threaten food output in the coming months, but near record world inventories, expectations of…

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