Category: Business

Alphabet views its AI spending—from data centres and custom AI chips to research and talent—as critical for Google Cloud to compete against Amazon Web Services and Microsoft Azure. (Bloomberg)
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Google clocks first $100-billion quarter amid ‘full-stack approach to AI’| Business News

Google parent Alphabet Inc. has clocked its first $100-billion quarter as the company fired on all cylinders—Google Search, Google Cloud, YouTube and Google Gemini—underscoring the…

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Alphabet CEO Sundar Pichai. Google Search ads brought in $56.6 billion in sales in July-September, as “search instance share losses to ChatGPT have moderated”. (Bloomberg)
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Google Cloud, Gemini power Alphabet earnings as ‘AI now driving real business’| Business News

Alphabet Inc. sales topped quarterly Wall Street estimates, fueled by a surge in demand for its cloud and AI services. Shares rose as much as…

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Higher interest-rates tend to pose a headwind for non-yielding gold. (AFP)
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Gold price rises amid conflicting views on more US Fed rate cuts in 2025| Business News

Gold staged a partial recovery following a run of losses as traders weighed conflicting views from the US Federal Reserve on chances of more rate…

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Louise Pentland, Chief Legal Officer and Executive Vice President for Legal and Government Relations, Adobe. (Official image)
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Adobe’s Louise Pentland| Business News

Artificial intelligence may be rewriting the rules of creativity, but Adobe’s legal compass still points toward one constant — trust. At a time when “AI-generated”…

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Microsoft Azure’s quarterly results show that businesses are still splurging on artificial intelligence services despite fears of a bubble. (REUTERS/ Representative)
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Microsoft’s Azure posts blockbuster growth amid massive outage, beats Wall Street estimates| Business News

Microsoft reported blockbuster growth in its Azure business on Wednesday, pushing its quarterly revenue past Wall Street estimates. This was on a day when the…

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CBDT has decided to extend the due date of furnishing of Return of Income for the AY 2025–26. (Reuters)
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Income tax audit deadline extended: Corporates, taxpayers get relief till December 10 | Details

The Income Tax Department on Wednesday extended the deadline for filing income tax returns (ITRs) for corporates and assessees requiring an audit for the assessment…

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Nvidia CEO Jensen Huang has dismissed concerns about an AI bubble. (Reuters)
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Jensen Huang net worth tops $180 billion as Nvidia becomes $5-trillion company| Business News

The surge in the stock of Nvidia Corp. has not only made it the first $5-trillion company in the world, but also propelled Jensen Huang’s…

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Russia currently supplies nearly a third of India's crude imports, averaging around 1.7 million barrels per day in 2025, of which approximately 1.2 mbd came directly from Rosneft and Lukoil. (Reuters)
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Lakshmi Mittal’s JV HPCL-Mittal Energy stops buying Russian crude amid US sanctions| Business News

HPCL-Mittal Energy Ltd., a joint venture of Lakshmi Mittal’s Mittal Energy and Hindustan Petroleum Corp. Ltd., has stopped buying Russian crude oil. The ships used…

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Nvidia has taken just three months to go from a market capitalisation of $4 trillion to $5 trillion. (Getty Images via AFP)
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Nvidia becomes first $5-trillion company as AI boom powers meteoric rise| Business News

Nvidia Corp. has become the first company to achieve a market capitalisation of $5 trillion, powered by a stunning stock rally that has cemented its…

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Microsoft CEO Satya Nadella. (File Photo)
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Satya Nadella plans second India visit in less than a year amid Microsoft’s AI overdrive| Business News

Satya Nadella is set to visit India for a second time in less than a year, as Microsoft Corp. eyes an AI play in a…

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