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Microsoft plans huge deployment of its own AI chips, with an eye on saving costsThe Maia 300, as the chip is called, is the third generation of the company's custom chips designed to handle AI data crunching such as cod...
Elara initiates coverage on Adani Power, sees up to 17% upside as expansion plans gather paceElara Securities has initiated coverage on Adani Power with an Accumulate rating and a target price of Rs 220, implying 17% upside. The bro...
US bull market nears four-year milestone as AI boom fuels profits, growthThe US bull market is reaching its four-year milestone as AI infrastructure investments drive a 117% S&P 500 rally. However, market concent...
Premier Energies shares in focus after Q2 update reveals fresh orders worth Rs 4,000 crorePremier Energies received orders worth Rs 4,001 crore in the July–September quarter for solar cell and module supplies and EPC projects. It...
WEF urges leaders to treat cybersecurity as economic investment, not just a costDecision-makers are urged to develop a common vocabulary to address cybersecurity as an economic stabilizer. The World Economic Forum repor...
Statistics ministry proposes common framework to calculate state GDPThe statistics ministry has proposed a common framework for estimating state gross domestic product. This framework uses an expenditure app...
Why are US stocks rallying despite Fed rate shock? Aswath Damodaran explains in the context of AIUS stocks have defied a sharp rise in Treasury yields as AI-led earnings growth offsets pressure from higher interest rates, says valuation...
Data centers' 'flexible' power usage could save the grid billions. Can they scale?In light of rising electricity demands from data centers, technology firms and utility providers are exploring innovative strategies to inc...
Electricity subsidy for existing businesses is taxable, Supreme Court rulesThe Supreme Court recently ruled that electricity subsidies granted under the Income Tax Act are subject to taxation as revenue receipts. T...
India has a 1% GDP opportunity. It’s hiding in plain sightIndia could unlock a 1% GDP opportunity by reducing productivity losses from equipment breakdowns, unplanned downtime and inefficient asset...
Aragen Life Sciences begins operations at high-potency platform in HyderabadAragen Life Sciences has initiated operations at its new high-potency manufacturing platform in Hyderabad. The facility, measuring 15,000 s...
Cabinet approves Rs 10,000 crore SME Growth Fund for small and medium enterprisesThe Union Cabinet approved a Rs 10,000 crore SME Growth Fund to support micro, small, and medium enterprises. This fund is part of the gove...
GST 2.0: Council to consider sweeping reforms to unlock tax credit, ease complianceIndia is set to implement significant reforms to the goods and services tax system, which will ease compliance. Changes may include the rel...
AI earnings shield US stocks, but bond risks rise: Jefferies' WoodUS equities have largely remained strong, aided by robust earnings growth driven by the AI capital expenditure cycle. Rising bond yields an...
India growth may slow to 5.5-6% in H2FY27 as capex moderates: ReportIndia's economic growth is projected to slow to 5.5-6% in the second half of 2026-27. This slowdown follows a robust growth of 7-7.5% in th...
Roopa Screen, Peshwa Wheat shares to list today; Roopa Screen commands 66% GMPTwo SME IPOs, Roopa Screen and Peshwa Wheat, are set to list on the BSE SME platform on October 1. Roopa Screen's shares are commanding a G...
Fiscal path hinges on direct taxes as customs, excise revenues face pressure: ReportIndia's fiscal trajectory will increasingly depend on the strength of direct tax collections due to lower customs duties. Indirect tax reve...
April-August fiscal gap widens to ₹7.1 lakh crore on higher capex, subsidy outgoThe Centre’s fiscal deficit rose to ₹7.1 lakh crore, or 41.9% of the FY27 target, by August, up from ₹6 lakh crore a year earlier, official...
India's fiscal deficit for April-August at Rs 7.10 lakh crore, widens to 41.9% of FY27 aimAs FY27 progresses, India's fiscal deficit climbed to an alarming Rs 7.10 lakh crore within the first five months, representing 41.9% of th...
Adani Airport Holdings raises $120 million through local bond issueAdani Airport Holdings successfully conducted a bond sale, raising 10 billion rupees to support its operations. The three-year bonds have a...