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AI boom heading for a dot-com-style bust? ‘Dean of Valuation’ Aswath Damodaran warns correction could be more painful than 2008Global finance expert Aswath Damodaran warns AI's massive infrastructure spending, funded by debt, poses a greater risk than the dot-com cr...
The crypto-treasury dream unravels after a 90% stock plungeReserveOne had agreed to combine with M3-Brigade Acquisition V Corp., a special-purpose acquisition company, or SPAC, whose sole purpose is...
Ambani says Reliance succession plan near completion as children take over day-to-day operationsMukesh Ambani announced the near-complete transfer of daily management at Reliance Industries to his children, Akash, Isha, and Anant. They...
RMZ to ramp up data center capacity with $35 billion push, exec saysThe Bengaluru-headquartered company, which currently has 250 megawatts of capacity, is in the final stages of discussions for three data ce...
Yuan or Dollar? Indian businesses explore alternatives as import costs climbIndian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise locali...
Will continue to support leveraging trade pact provisions, says UK India Business CouncilIndia and the UK are set to implement their Comprehensive Economic and Trade Agreement on July 15. The UK India Business Council will assis...
The onshore gateway to global capitalIndia's economy is set to grow significantly, but its global market presence lags. GIFT IFSC is building infrastructure to bridge this gap....
Steven Schwartz, Whop founder who sold water on China's streets, created 650 millionaires. Meet the 26-year-old grabbing headlinesSteven Schwartz, a 26-year-old entrepreneur, co-founded Whop, a social commerce platform now valued at $1.6 billion. He once sold water on ...
RIL AGM 2026 this week: Date, time, where to watch live and what to expectReliance Industries' 49th AGM on June 19 is expected to draw investor attention for updates on the much-awaited Jio IPO, Reliance Retail's ...
The Indian workers training AI robots to take their jobsWith a smartphone strapped to her head, Nagireddy Sriramyachandra films herself slicing mangoes in her kitchen in India to train AI-powered...
Snap bets on AR glasses in post-smartphone raceSnap, the parent company of social network Snapchat, on Tuesday launched its Specs augmented reality glasses, a major bet by a struggling c...
Pakistan sees room to improve FY27 outlook after Iran war ends, says Finance Minister AurangzebPakistan's Finance Minister Muhammad Aurangzeb sees potential economic upsides for fiscal year 2027 following the end of the Iran conflict....
Pakistan eyes more global bond issues, sees budget upside from Iran dealPakistan's Finance Minister Muhammad Aurangzeb stated it's too early to revise the budget despite potential economic improvements post-Iran...
You've probably used his code today, but the man behind YouTube, Netflix and TikTok isn't a billionaireFabrice Bellard, a quiet French engineer, has profoundly shaped the modern internet without seeking fame. His creation, FFmpeg, is a corner...
To drive up NRI investments, banks make FCNR deposits attractive with up to 7.1% return on dollar depositsIndia saw inflows topping $155 billion in 2025-26 via remittances. Add another estimated $50 billion from this scheme which will run until ...
RBI plans simpler cross-border payment approvals to boost MSMEs, exporters: EY reportThe Reserve Bank of India (RBI) is looking to simplify cross-border payment approvals and reduce regulatory friction for businesses and exp...
Bringing in US dollars: RBI flags off FCNR(B) chase, pushes banks to go all out for forex inflowsIn an ambitious bid to enhance India's foreign currency reserves, the Reserve Bank of India is urging banks to ramp up their efforts in att...
RBI pushes banks to bring more dollars homeThe push comes amid RBI measures to incentivise foreign currency inflows, including swap facilities and hedging cost support for FCNR(B) de...
Banks court wealthy Indian diaspora in $50 billion deposit driveIndian banks are launching a global campaign to attract over $50 billion in deposits from the diaspora. This initiative aims to strengthen ...
Ram Gopal Verma says ‘Obsession’ is a ‘wake-up call’ for Bollywood, not just for its Rs 2,279 crore box-office: ‘Obsession budget is less than a film star’s…’Filmmaker Ram Gopal Verma lauded the low-budget horror film Obsession. He stated its success challenges Indian cinema's focus on stars and ...