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Posted in Economy

India, Greenland discuss possible areas of stronger cooperation

Nuuk: India’s Ambassador to Denmark, Manish Prabhat, on Tuesday called on Kim Marius Kielsen, Speaker of the Parliament of Greenland, in Nuuk, with the two…

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S&P Global Ratings raises India FY27 growth aim to 7% from 6.6%, estimates 25 bps RBI rate hike

S&P Global Ratings on Wednesday raised its forecast for India’s real GDP growth in the fiscal year ending March 31, 2027, to 7% from 6.6%…

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Carl Pei Nothing
Posted in Business

Experiencing Starlink on Emirates, Carl Pei’s letter, and power on the go

Opening thoughts. This week, Carl Pei, CEO of Nothing, wrote a letter on social media, in which he says “India is inevitable”, comparing a consumer…

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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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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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