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GEOPOLITICAL DEVELOPMENTS
US economy grows faster than expected at 3.4% in Q3 on consumer spending, AI boomThe US economy grew at a faster-than-expected 3.4% annualised rate in the third quarter, driven by resilient consumer spending and AI-relat...- Indian gold buyers get 'breathing room' from Fed before Diwali, but conditions applyThe US Federal Reserve’s decision to keep interest rates unchanged at 3.75%-4.00% could give Indian gold buyers some breathing room, but pr...
- AI can perform the work of 10 people, says Zoho’s Sridhar Vembu, warns of headcount impactSridhar Vembu, the visionary behind Zoho, raises alarms regarding the transformative role of AI on computer-related jobs. He posits that on...
- India's deeptech dream remains import dependent for critical componentsThe founder of a spacetech startup developing rockets said geopolitical tensions, including the Russia-Ukraine war, disrupted the supply of...
- Union Minister Hardeep Puri nominated for third Rajya Sabha termParty leaders said Puri's diplomatic experience has proved valuable in handling the petroleum portfolio at a time when global conflicts and...
- Global Market: Japan’s Nikkei jumps over 1% as tech rally on Wall Street lifts sentimentJapan’s Nikkei rose 1.34%, tracking Wall Street’s technology-led rally, as semiconductor stocks gained. Investors remain cautious ahead of ...
- L&T flags inflation, geopolitical risks, leans on its capabilities to navigate global uncertaintyLarsen & Toubro reported a 33% profit increase for the second quarter, driven by strong order inflows. Infrastructure spending and reconstr...
- BRICS parliamentary forum condemns Pahalgam attack, calls for UN reformsThe 12th BRICS Parliamentary Forum took place in New Delhi, gathering legislative leaders from various member nations. Delegates emphasized...
- Anthropic IPO: Firm uses ‘catastrophic’ word 10 times in document to highlight ‘humanitarian’ AI risksAnthropic’s IPO filing highlights an unusual risk for investors, warning that its AI technology could pose “catastrophic or existential ris...
- Global Market: European shares flat as investors assess earnings, France turmoilEuropean shares traded flat as investors weighed corporate earnings and political uncertainty in France. Falling oil prices, driven by hope...
- FCNR(B) scheme has bought India 3-5 years, but $170 billion repayment cliff looms: Uday KotakUday Kotak has described India’s $130-billion-plus FCNR(B) mobilisation as a “strong insurance policy” against global shocks, but warned th...
- India must bolster tech, economic resilience: Dean Grandy, KPMG's global head for government and public sectorIndia is encouraged to boost its domestic technology capabilities and economic resilience to face geopolitical tensions. Strengthening self...
- Closely monitoring developments in Indo-Pacific; focusing on extended-range operational reach: IAF Chief AP SinghThe Indian Air Force is focusing on enhancing operational capabilities to protect national security interests in the Indo-Pacific region. A...
- FIIs dump Indian stocks for 10th straight week as markets slide: Is the worst over or more pain ahead?The Nifty 50 declined in all four sessions of the holiday-shortened week, hitting an intraweek low of 22,372 on Friday before closing 2.4% ...
- FSDC stresses on vigilance, reforms amid global uncertainty & AI boomFinance minister Nirmala Sitharaman led an important session of the Financial Stability and Development Council, focusing on maintaining fi...
- China's DeepSeek, MiniMax win approval for AI global use, state media-affiliated entity saysIn a separate social media post on Friday, the social media account, Yuyuan Tantian, said overseas internet users had also urged other Chin...
- Nuvoco Vistas Corp Q2 profit jumps 78% to Rs 65 crore on strong revenueNuvoco Vistas Corp achieved a consolidated profit growth of 78% year-on-year to Rs 65 crore. Revenue also increased by over 13% to Rs 2,790...
- Global Market: Japanese bond yields fall to multiweek lows ahead of BOJ meetingJapanese government bond yields fell to multiweek lows on Thursday as geopolitical tensions and inflation concerns boosted safe-haven deman...
- Cheaper air tickets may remain a distant dream for Indian flyersIndian flyers may have to wait longer for airfare relief after the festive season as elevated aviation turbine fuel prices, rupee depreciat...
- China flags APEC's role as key for a challenged global economyDuring the opening of the APEC Finance Ministers' meeting in Hong Kong, China's Finance Minister Lan Foan highlighted the importance of the...
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