Category: Business

The new Wholesale Price Index (WPI) shifted the base year from 2011-12 to 2022-23 and tweaked items in the fuel and food categories (Representational)
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India releases new wholesale price inflation index; tweaks fuel, food categories

India released a new Wholesale Price Index (WPI) on Monday that shifted the base year from 2011-12 to 2022-23. It was accompanied by a release…

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New Federal Reserve Chairman Kevin Warsh.
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Kevin Warsh Wants the Fed to Stop Explaining Everything

Kevin Warsh boiled down his advice for the Federal Reserve before an audience of investors last year. “Stop talking so much,” he said. “More thinking,…

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Hangzhou-based Alibaba is cheaper than comparable U.S. tech stocks, measured by forward price-to-earnings ratio.
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A Place Where Some AI Stocks Are Still Cheap: China

SINGAPORE—The frenzy over artificial intelligence is sending technology-company valuations through the roof in the U.S. and Asian markets. One country still offers some relative bargains:…

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A 40% surge in Corona Remedies' share price gave the company a market capitalisation of nearly  ₹9,000 crore. (HT)
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Sensex today surges over 1,100 points, Nifty nears 24,000 after US-Iran peace deal

Sensex today: Indian benchmark indices opened sharply higher on Monday, tracking a rally in global markets after the United States and Iran finalised a deal…

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People monitoring stock prices on their phones as SpaceX shares began trading Friday.
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SpaceX’s retail-powered debut helps steady shaky markets

For the first time in weeks, investors had jitters. About the war in the Middle East. About the runaway chip rally. About higher interest rates….

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The US government's directive came at a time when Anthropic has confidentially filed for an IPO. (Reuters)
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Supply chain risk to ‘jailbreak’ fears: The US-Anthropic feud before Claude’s top AI models were pulled

Open claude.ai and it reads, “Claude Fable 5 is currently unavailable.” Click on ‘Know More’ and the website redirects to its maker Anthropic’s statement explaining…

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The AI Price War Is Here, Piling Pressure on OpenAI and Anthropic
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The AI Price War Is Here, Piling Pressure on OpenAI and Anthropic

The AI price war has begun. The AI Price War Is Here, Piling Pressure on OpenAI and Anthropic Big companies and startups, chafing at rapidly…

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stock markets closed in green. (Representational image)
Posted in Business

Why Sensex today suddenly shoot up by nearly 1,700 points? Explained

Sensex and Nifty surged on Friday, ending the week on a strong note after reports of a possible US-Iran peace agreement raised hopes of easing…

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Can Mr Schumacher revitalise Barry Callebaut? (Reuters)
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Another new boss aims to fix the world’s biggest chocolate-maker

ITS products tempt you from supermarket shelves everywhere, but you may not know its name. Formed 30 years ago when Klaus Jacobs, a German-born billionaire,…

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MCX gold climbed above  ₹1.50 lakh per 10 grams on Friday. (REUTERS)
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Gold price today: Check Delhi, Mumbai, Bengaluru, Chennai gold rates

Gold prices traded higher in early deals on Friday. The gains came after US President Donald Trump claimed that the conflict involving Iran was “settled,…

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