Anthropic IPO could challenge SpaceX for the biggest IPO of 2026 as revenue nears $65 billion and its valuation reaches about $1 trillion. (REUTERS/Dado Ruvic/Illustration/File Photo) (REUTERS)
Posted in Business

Anthropic IPO could beat SpaceX for biggest IPO of 2026 as revenue nears $65 billion

Anthropic is not a public company yet, but investors are already betting on its IPO. Prediction markets show growing expectations that the AI company could…

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Posted in Economy

Rupee, price tailwinds for Indian exporters may fade in H2FY27: Nuvama

New Delhi [India]: Indian exporters could see some of the revenue tailwinds from rupee depreciation and elevated prices fade in the second half of FY27,…

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State Farm is sending a $5 billion dividend to eligible auto policyholders. (Pexel/Representative image) (Pexel)
Posted in Business

State Farm $5 billion dividend: Who is eligible to get up to 10% of 2025 premiums?

State Farm has started sending out a massive $5 billion cash dividend to eligible auto insurance customers. Millions of policyholders have already received the money,…

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Posted in Economy

El Nino impact on kharif production unlikely to be significant, says Union Agriculture Minister Shivraj Singh Chouhan

The impact of El Nino on kharif production is unlikely to be significant this year as the gap in sowing has narrowed and rainfall has…

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Swarup Mohanty, during a podcast, gave a reality check to professionals delaying their retirement and investment plans. (Representative Image/Unsplash )
Posted in Business

‘If not investing…’: Top investor Swarup Mohanty’s ‘scary’ reality check on post-retirement life

In India, a good chunk of working professionals are salaried, and for those hundreds, the monthly paycheck is what keeps the engine running. With it…

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Home Depot stock rises after Q2 earnings beat estimates, with strong sales, higher comparable sales, market share gains and a steady 2026 outlook. (REUTERS/Lucy Nicholson/File Photo) (REUTERS)
Posted in Business

Why is HD stock up? Home Depot rises after earnings beat estimates

Home Depot stock is rising after a strong quarterly earnings report. Home Depot shares climbed about 2.1% in premarket trading after the company reported better-than-expected…

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As AI chatbots become more lifelike, companies have touted their ability to serve as confidants, and users have begun to rely on them for emotional support. (REUTERS)
Posted in Business

OpenAI unveils ChatGPT for teens with stronger guardrails, parental controls

OpenAI introduced “ChatGPT for Teens” on Tuesday, tailored for minors with parental controls and enhanced security features in place, as platforms face fierce criticism over…

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Swiggy strengthens leadership across businesses as quick commerce competition heats up
Posted in Startups

Swiggy strengthens leadership across businesses as quick commerce competition heats up

Food and grocery delivery platform Swiggy has expanded its leadership team as it looks to scale operations across its businesses.Himavant Kurnala has been appointed chief…

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US Treasury yields hit multi-decade highs as the Iran war, higher oil prices and Strait of Hormuz risks fuel inflation and global bond market fears. (REUTERS/Eduardo Munoz/File Photo) (REUTERS)
Posted in Business

Global bond sell-off sends US treasury yields to multi-decade highs as Iran war drags on

Global government bonds came under heavy selling pressure on Tuesday, pushing borrowing costs higher across major economies. Investors are becoming increasingly worried that the war…

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The Nifty 50 index closed at 24,154.90, down 132.75 points or 0.55 per cent, while the BSE Sensex closed at 77,235.46, lower by 492.70 points or 0.63 per cent. (ANI Video Grab)
Posted in Business

Sensex down 493 points, Nifty too ends in red amid high crude prices, rising US bond yield

The equity markets extended their decline on Tuesday, with both benchmark indices closing in the red as elevated crude oil prices, rising US bond yields…

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