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Posted in Economy

Data centres draw 40% of institutional capital in the June quarter

New Delhi: Data centres emerged as the second-largest recipient of institutional capital in the June quarter, accounting for 40% of total investments, as rapid AI…

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Forex Wall may Fall for SEZ Services Exports to DTA
Posted in Economy

Government plans to ease forex rule for SEZ services exports to domestic tariff areas

New Delhi: The commerce and industry ministry is working on a Cabinet note to redefine services by doing away with the condition that mandates service…

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Warren Buffett says most investors should choose a low-cost S&P 500 ETF.  (AP Photo/Nati Harnik, File) (AP Photo/Nati Harnik)
Posted in Business

Warren Buffett says most investors should buy an S&P 500 ETF. Here’s why he recommends it

If you are a new bee investor, pick a fund that tails the S&P 500 and put your money in it. At least that’s what…

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Amazon AI spending is paying off as strong cloud growth sends shares higher and adds $25 billion to Jeff Bezos’ net worth.  (REUTERS/Abdul Saboor) (REUTERS)
Posted in Business

Amazon’s AI bet pays off as Jeff Bezos gets $25 billion richer, replaces Brin

Amazon shares jumped about 14% shortly after trading opened on Friday. It was the company’s biggest one-day gain in more than 10 years. The last…

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Posted in Economy

Government aims to complete Mumbai’s Coastal Road project by Dec 2028: Union Minister Piyush Goyal

Mumbai: Union Minister and MP from Mumbai, Piyush Goyal, on Sunday said the government intends to complete the Bandra-Versova-Bhayander Coastal Road project by December 2028,…

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SpaceX earnings, US jobs report and AI spending will test Wall Street’s rally as investors look for signs of real returns from the AI boom.
(Photo by ANGELA WEISS / AFP) (AFP)
Posted in Business

Wall Street AI boom faces reality check as SpaceX earnings and US jobs data arrive

Wall Street is heading into another important week after a strong run for stocks. The coming week will bring several major events that could test…

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Posted in Economy

India clears only one Chinese FDI proposal worth Rs 1 crore in FY26; approves 13 Hong Kong investments

India approved just one foreign direct investment (FDI) proposal from China worth Rs 1 crore during FY26, while clearing 13 proposals from Hong Kong with…

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Urban Company’s InstaHelp, Snabbit cross 100,000 daily bookings mark
Posted in Startups

Urban Company’s InstaHelp, Snabbit cross 100,000 daily bookings mark

Snabbit and InstaHelp, Urban Company’s quick househelp vertical, on Sunday announced that the platforms have each crossed 100,000 completed bookings in a single day.According to…

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Germany's Agile Robots acquires majority stake in Bengaluru's XNG Automation to expand India footprint
Posted in Startups

Germany’s Agile Robots acquires majority stake in Bengaluru’s XNG Automation to expand India footprint

Germany-based artificial intelligence (AI) robotics company Agile Robots has acquired a majority stake in Bengaluru-based factory and intralogistics automation firm XNG Automation, as it looks…

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SpaceX investors ask about Starship, AI, Starlink and a pink rocket as Elon Musk prepares for the company’s first earnings call as a public company. (Pexel/Representative image) (Pexel)
Posted in Business

Why are SpaceX investors asking Elon Musk to paint Starship pink?

SpaceX is preparing for its first earnings call as a public company, with the call expected to take place on Tuesday, August 4. Investors would…

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