Nvidia's stock surged 2.4%, closing at $138.07, as it approaches Apple's market value. The company is a leader in AI technology, with a current market cap of $3.39 trillion, just below Apple's $3.52 trillion.(Reuters)
Posted in Business

Nvidia could be world’s most valuable company soon, unseating Apple

Oct 15, 2024 08:15 AM IST Nvidia shares reached a record high, nearing Apple’s market value. Investors are optimistic about Nvidia’s AI processors, driving stock…

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Brent crude and West Texas Intermediate futures fell 3% as Israel's non-targeting of Iranian oil eased supply fears. OPEC's lowered demand growth forecasts for 2024 and 2025 contributed to this decline, alongside reduced crude shipments to China and deflationary pressures.(Representational Image/Unsplash)
Posted in Business

Oil prices fall 3% as concerns ease on potential Iran supply disruption

Oct 15, 2024 08:04 AM IST Oil prices dropped 3% in early Asian trade as Israel reportedly refrained from targeting Iranian oil, alleviating supply concerns….

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Latest news on October 15, 2024: Wealthy Chinese are facing a new tax on overseas investment gains, with potential levies up to 20%. This initiative supports President Xi's campaign for wealth equality and is part of efforts to enhance government revenue as economic growth slows.
Posted in Business

Business News LIVE Updates Today October 15, 2024: China moves to tax the ultra-rich for overseas investment gains

Business News LIVE Updates Today: Get real-time updates on the biggest news from the world of business, stock market and more. Latest news on October…

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Wealthy Chinese are facing a new tax on overseas investment gains, with potential levies up to 20%. This initiative supports President Xi's campaign for wealth equality and is part of efforts to enhance government revenue as economic growth slows.
Posted in Business

China moves to tax the ultra-rich for overseas investment gains

China has begun enforcing a long-overlooked tax on overseas investment gains by the country’s ultra-rich, according to people familiar with the matter. Wealthy Chinese are…

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King Charles pauses cancer treatment for Australian tour
Posted in UK News

Royal Family: King Charles pauses cancer treatment for Australian tour

King Charles (Picture Credit: Reuters) King Charles has decided to temporarily pause his cancer treatment as he and Queen Camilla prepare for an 11-day tour…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Zomato: Zomato Xtreme is coming back in a different avatar

After having suspended its hyperlocal logistics service Xtreme in July, food delivery company Zomato is working on bringing back the offering – albeit in a…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Yoho: Footwear startup Yoho bags Rs 27 crore, eyes offline and international expansion

Direct-to-consumer (D2C) footwear startup Yoho has raised Rs 27 crore in a funding round led by Gulf Islamic Investments (GII), a global alternative investment firm,…

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Posted in Economy

Inflation: Food on boil, retail inflation hits nine-month high of 5.5%

India’s retail inflation surged to a nine-month high of 5.5% in September, driven by higher food inflation and an unfavourable base effect, official data released…

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'Meghan Markle was paranoid, always followed by drones, vehicles'
Posted in UK News

Meghan Markle News: ‘Meghan Markle was paranoid, always followed by drones, vehicles’

Meghan Markle’s ex-bodyguard said he felt sorry for Meghan as she was always under surveillance. Meghan Markle‘s former bodyguard Steve Davies has now revealed that…

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Govt pushing all levers to sustain high economic growth: FM Sitharaman
Posted in Economy

Govt pushing all levers to sustain high economic growth: FM Sitharaman

Finance minister Nirmala Sitharaman on Monday said the government is simultaneously “pushing all levers” to sustain the current high growth rate, and the country’s economic…

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