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Global Market: UK stocks rise after services PMI signals economic recoveryBritain's services sector returned to growth in July, with the S&P Global Services PMI rising to 52.1 as stronger domestic demand and easin...- The AI competition paradoxChina's open-source AI models are challenging US dominance, driving intense competition. Chinese firms are gaining market share through low...
- Global Market: China's services growth slows to 10-month low in July; weak demand weighs on outlookChina's services sector expanded at its weakest pace in 10 months in July as softer domestic demand slowed business activity, reinforcing c...
- IMF flags rising financial stability risks as BigTech expands deeper into payments, lending and financial servicesThe International Monetary Fund (IMF) has warned that the growing role of large technology companies in financial services could pose risks...
- AI data-centre race builds $1 trillion lease burden for Big TechThe commitments show that a substantial part of Big Tech's AI spending spree has already been locked in, without yet appearing as debt-like...
- H-1B visa extensions could soon come with a hefty new price tag under new Trump planThe Trump administration is preparing to expand an existing fee on H-1B and L-1 visas by applying it to extension petitions, not just new a...
- IT hiring in India revived in July: Naukri JobSpeak IndexIT hiring returned to growth with a 6% rise in July after June's decline, while AI jobs jumped 33%. Overall white-collar hiring grew 5%, le...
- Jio Financial Services shares rise 2% after firm sets record date for dividend. What to expect?Jio Financial Services shares rose, extending their weekly gains beyond 10%, after the company fixed August 10 as the record date for its R...
- Paytm App and Paytm UPI payments working normallyPaytm confirms its app and UPI services are operating without any issues. The company reported its highest quarterly EBITDA in Q1 FY27. Ope...
- Chris Wood warns AI capex binge may burn billions as markets turn against Big Tech spendingWood’s long-standing view is that the “hyperscalers will end up blowing a lot of money on their capex binge” and that AI could resemble the...
- Jio Financial Services sets record date for dividend. Check detailsJio Financial Services set August 10 as the record date for its final dividend. The company reported significant year-on-year profit and re...
- Amazon soars as cloud revenue surge allays fears over ballooning AI betsAmazon shares surged after robust cloud sales growth validated AI investments. The company posted its strongest cloud growth in over four y...
- Amazon shares surge 13% as cloud growth eases AI spending fearsAmazon shares rose sharply on Fridat after stronger-than-expected growth at its cloud business reinforced investor confidence in the compan...
- Govt extends IFSC Authority Chairman K Rajaraman's tenure till Oct 2028K Rajaraman's term as IFSCA Chairman has been extended by 27 months. He will continue in this role until July 31, 2026, or his 65th birthda...
- Amazon soars as cloud revenue surge allays fears over ballooning AI betsAmazon shares surged significantly after reporting robust cloud sales growth. This performance reinforced investor confidence in the compan...
- What are open weight AI models and why are they dividing Big Tech?AI models learn by adjusting billions of numerical parameters during training. These parameters, called weights, help the model understand ...
- US stocks: Amazon beats estimates for quarterly cloud revenue growthAmazon Web Services cloud revenue surged significantly, surpassing market forecasts. This strong performance was fueled by increased enterp...
- Majority of stakeholders oppose bringing cloud services under Digital Competition Bill: StudyCUTS International (Consumer Unity & Trust Society) released two reports examining the competitive dynamics of India's cloud services marke...
- Patanjali insurance? IRDAI approves Patanjali, DS Group's acquisition of Magma General InsurancePatanjali Ayurved and Dharampal Satyapal Group secured IRDAI approval for Magma General Insurance. This acquisition marks Patanjali's signi...
- Accommodation and realty top services growth in MayIndia's services sector expanded broadly in May, with sixteen of nineteen tracked sectors showing growth. Accommodation and food services, ...
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