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Signage on a fence at the Nscale data center project in Barstow, Texas, US. (Bloomberg)
Posted in Business

Nvidia-backed Nscale considers delaying $35 billion IPO: Report

Nscale, a British cloud provider backed by chip giant Nvidia, is considering delaying a $35 billion stock market listing, the Telegraph reported on Tuesday. Signage…

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Anthropic's blockbuster IPO will value the Claude chatbot creator at up to $1.4 trillion. (REUTERS)
Posted in Business

Anthropic eyes $1.4 trillion IPO valuation in major test of AI investor appetite

Anthropic’s blockbuster IPO will value the Claude chatbot creator at up to $1.4 trillion, slightly short of some investors’ expectations, setting up a key test…

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Posted in Economy

India well on track to achieve $1 trillion exports target for FY27: Piyush Goyal

India‘s goods and services exports are registering healthy growth, and the country is well on track to achieve the USD 1-trillion target for the current…

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Posted in Economy

India-US hold bilateral talks in New Delhi on Customs and trade facilitation: Govt sources

New Delhi: A two-member delegation of trade and customs officials from the United States held bilateral discussions with officials from the Commerce Ministry in New…

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Posted in Economy

Easing global headwinds, lower crude oil prices may further lift rupee in coming months: Economists

The Indian rupee may appreciate further against the US dollar over the next couple of months, supported by easing global headwinds, declining crude oil prices,…

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Lightroom gets finer precision control with the Open Eyes feature, in public beta, for fixing untimely blinks by subjects in a frame (Official Photo)
Posted in Business

Adobe turns to agentic AI and popular chatbots to give creatives more control

After a period of sustained efforts in integrating artificial intelligence (AI) into creative apps for consumers and enterprises, Adobe is now marking a sharper pivot…

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Posted in Economy

India may get a better trade deal: Samir Saran on renegotiating with the US

Following shifts in the domestic political landscape in Washington and the aftermath of the US midterm elections, Samir Saran (President of the Observer Research Foundation)…

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Posted in Economy

Budget 2027-28: PHDCCI urges govt to scrap LTCG tax on equities, cut STCG tax to 10%

New Delhi: The PHD Chamber of Commerce and Industry (PHDCCI) has urged the government to abolish long-term capital gains (LTCG) tax on equity investments and…

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Posted in Economy

India’s unemployment rate falls to 5.1% in July-September as rural joblessness declines

New Delhi: India’s unemployment rate declined to 5.1 per cent during July-September 2026 from 5.4 per cent in the previous quarter, mainly due to a…

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Lenskart, Meesho deliver gains of nearly $400 million for SoftBank Vision funds
Posted in Startups

Lenskart, Meesho deliver gains of nearly $400 million for SoftBank Vision funds

Japanese technology investor SoftBank’s Vision funds saw gains of nearly $400 from its investments in Lenskart and Meesho during the September quarter, as the two…

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