Month: August 2026

Meta settles a child safety case with 29 US states for up to $16.7 billion, with new daily limits and nighttime blocks for teenage Facebook and Instagram users. (REUTERS/Representational Image)
Posted in Business

Meta reaches $16.7 billion settlement with 29 US states over child safety case

Meta has settled a major child safety case in the US involving Facebook and Instagram. The company has reached a settlement with 29 US states…

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Zerodha FY26 profit, revenue stay flat due to slowdown in core broking business
Posted in Startups

Zerodha FY26 profit, revenue stay flat due to slowdown in core broking business

Stockbroking platform Zerodha’s net profit rose 1.2% to Rs 4,283 crore in the financial year ended March 2026, while revenue remained broadly unchanged from the…

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Posted in Economy

Hoping to work towards further expanding scope of India-Japan trade pact: Piyush Goyal

Ngoya: Commerce and Industry Minister Piyush Goyal on Wednesday said he discussed reviewing the current trade pact with his Japanese counterpart, and both hope to…

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Union finance ministr Nirmala Sitharaman delivers the keynote address during an interaction with business community members of the Indian diaspora, in Toronto, Canada (@FinMinIndia via PTI)
Posted in Business

India against economy’s weaponisation, says Sitharaman in Toronto; seeks investment

Global growth will be led by countries like India, which does not pose any concentration risk as it is against the weaponisation of the economy,…

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Posted in Economy

Government mobilises about Rs 3,000 crore from Hindustan Copper OFS

New Delhi: The government has realised nearly Rs 3,000 crore from share sale of Hindustan Copper with the closure of OFS on Wednesday. The offer…

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S&P 500 faces a 60-year concentration warning as Nvidia, Apple, Microsoft, Amazon and Alphabet drive the market amid rising AI bubble fears. (Pexel/Representative image) (Pexel)
Posted in Business

Stock market warning: S&P 500 repeats 60-year pattern as Nvidia, Apple and big tech raise market risk

The US stock market has continued to hit record levels in 2026. The S&P 500, Nasdaq Composite and Dow Jones Industrial Average have all gained…

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Posted in Economy

Sugar prices rise over Rs 1 per kg for second consecutive day to Rs 65 amid festive demand

Sugar prices rose for the second consecutive day on Wednesday, with the all-India average retail price increasing by more than Rs 1 per kg amid…

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Nvidia stock could see a $280 billion market value swing after earnings as options traders price a 5.4% move and investors watch AI demand. (Getty Images via AFP)
Posted in Business

Will Nvidia stock rise or fall after earnings? Options price $280b swing

Nvidia investors are preparing for a major stock move after the company reports its second-quarter earnings on Wednesday afternoon. Options traders are pricing in a…

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Posted in Economy

Tea industry seeks Rs 113 crore annual package to revive Darjeeling sector

Kolkata: The Indian Tea Association (ITA) has sought a package of financial, regulatory and structural interventions from the West Bengal government to revive the tea…

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Strategy's Bitcoin holdings swung from a $9.5 billion unrealized loss to a $4.7 billion profit as Bitcoin surged above $81,000 in a sharp crypto rally. (Bloomberg)
Posted in Business

How did bitcoin turn Strategy’s $9.5b loss into a $4.7b profit?

Strategy’s Bitcoin holdings have moved back into profit after Bitcoin’s sharp recovery pushed the cryptocurrency above the company’s average buying price. Strategy, formerly known as…

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