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Posted in Economy

Maharashtra drought deepens, crop output crisis mounts

PUNE: Maharashtra is facing a worsening drought situation, posing concerns over food and cash crop output as the state is either the top or the…

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Posted in Economy

Look beyond premiumisation: FM Nirmala Sitharaman to India Inc

NEW DELHI: Finance minister Nirmala Sitharaman cautioned India Inc against focusing on premium consumers, saying that if companies pursue premiumisation for the urban tier alone,…

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GameStop CEO Ryan Cohen buys 1.15 million GME shares (REUTERS/Dado Ruvic/Illustration/File Photo) (REUTERS)
Posted in Business

Why is GameStop stock rising? Ryan Cohen’s $26M share buy puts GME in focus

GameStop stock is rising after CEO Ryan Cohen made a major purchase of the company’s shares. Cohen bought 1.15 million GameStop Class A shares, putting…

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Image for Accelevation targets up to $5.4 billion valuation in US IPO
Posted in Startups

Accelevation targets up to $5.4 billion valuation in US IPO

Synopsis The Miamisburg, Ohio-based Accelevation and some selling shareholders are aiming to raise up to $720 million by offering 30 million shares priced between $20…

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Nasdaq hits record high as oil prices fall and US-Iran talks lift market sentiment.
Posted in Business

Nasdaq hits record high as oil prices fall: Can US-Iran talks lift stocks?

The tech-heavy Nasdaq Composite hit an intraday record high on Tuesday, its first such record since early June. The index was helped by strong gains…

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SoFi stock rises as SoFiUSD stablecoin payments expand through Mastercard. (AP Photo/Seth Wenig) (AP Photo/Seth Wenig)
Posted in Business

SoFi stock jumps 5%: How its stablecoin payments plan could drive growth

SoFi Technologies shares jumped 5% on Tuesday after the company announced that stablecoin settlement is now live across SoFi Bank’s debit and credit card program….

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Cred alumni’s Sol raises $4 million from GC, Nexus Venture Partners, Kunal Shah
Posted in Startups

Cred alumni’s Sol raises $4 million from GC, Nexus Venture Partners, Kunal Shah

Agentic AI startup Sol, founded by former Cred executives Anish Karan, Ranjith Nair, and Prateek Srivastava, has raised $4 million from General Catalyst, Nexus Venture…

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Posted in Economy

Govt’s subsidised supply fails to stop India’s onion tears

The humble onion is refusing to soften the strain on India’s household budgets, with retail prices staying elevated across major cities despite the Centre stepping…

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Posted in Economy

India scores high on latest WEF standings: Growth outlook strongest, but some ground lost with MNCs

India’s growth story is gathering momentum even as its appeal to global businesses shows signs of losing some ground, showing a divergence between expectations for…

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(From left) multi-track timeline for edits, generative AI features and effects in the new Adobe Premiere mobile on Android app (Official Photo)
Posted in Business

Adobe Premiere mobile lands on Android, with Instagram Edits and CapCut in sight

Almost a year after Adobe released the broad-spectrum Premiere mobile video editing app for the Apple iPhone, there is now an Android version too. Much…

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