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File photo: The Bombay Stock Exchange (BSE) building, rear, in Mumbai (Bloomberg)
Posted in Business

Stock market today: Sensex, Nifty open higher after two straight session of losses, ‘flash crash’

Indian shares opened higher on Friday after two consecutive sessions of losses, and a “flash crash” on Thursday, although caution was expected to persist ahead…

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Startup block-deal rush puts private valuations to the cash test
Posted in Startups

Startup block-deal rush puts private valuations to the cash test

A rush of block deals in newly listed Indian startups is putting private-market valuations to a cash test and showing how little a headline valuation…

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Posted in Economy

India needs Rs 30 lakh crore to hit 500 GW clean-energy target: Pralhad Joshi

Mumbai: India will need more than ₹30 lakh crore of investment over the next five years to achieve its target of 500 GW of non-fossil…

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Posted in Economy

In Graphics: Kitchen basket inflation is back

One-third of all commodities for which the Department of Consumer Affairs compiles daily retail prices at markets across the country have seen an inflation of…

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Nvidia reportedly plans a $13 billion Hugging Face deal, gaining influence over open AI models, developers and the future of the AI chip market. (REUTERS)
Posted in Business

Nvidia-Hugging Face deal: Why the reported $13 billion AI acquisition matters

Nvidia is reportedly planning a $13 billion deal for Hugging Face. Nvidia Corp. has reportedly agreed to spend about $13 billion to acquire Hugging Face,…

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Posted in Economy

Faster KYC, nods key to boosting FDI flows: Piyush Goyal

Osaka: Faster and more efficient know-your-customer (KYC) norms, mutual recognition agreements (MRAs) with regulators in other countries and streamlined investment approvals can speed up foreign…

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Posted in Economy

India, Canada set $70 billion trade target, widen economic partnership

New Delhi: India and Canada aim to further deepen their economic partnership, moving beyond the traditional trade in goods and services to encompass investment, finance,…

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Posted in Economy

Onion prices likely to stay firm till November despite Centre’s Rs 35/kg push

Pune: Onion prices are likely to remain firm till November despite the Centre selling it at ₹35/kg in Delhi from Thursday onwards and prices falling…

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Posted in Economy

S&P retains India rating, keeps outlook stable on economic momentum

NEW DELHI: Global rating agency S&P on Thursday kept its long-term sovereign credit rating on India unchanged at the lowest investment grade of “BBB-“, with…

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Bitcoin could reach $500,000 by 2029 if ETF inflows, institutional demand, US debt concerns, liquidity, regulation and Bitcoin scarcity remain strong. (Pexel/Representative image) (Pexel)
Posted in Business

Bitcoin to $500,000 by 2029? How ETFs, US debt, institutional demand and halving could drive the price

Bitcoin at $500,000 by 2029 sounds ambitious, but experts say it is possible if institutional demand, ETF inflows, favourable financial conditions and Bitcoin’s scarcity continue…

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