Business

Nvidia has lost $1.57 trillion in market value as shares plunged 26.6 per cent from their 52-week high. Investor concerns over AI spending, leadership scrutiny involving CEO Jensen Huang, and upcoming quarterly earnings have intensified pressure on the chipmaker

The rupee was reported to have gained 5 paise to close at 93.93 against the US dollar, supported by easing crude prices and foreign inflows. Traders also tracked West Asia developments, the dollar index and upcoming US inflation data

Nvidia's board can remove CEO Jensen Huang from his executive role through a majority vote of directors, but removing him as a board director requires shareholder approval. The report comes amid an investigation into allegations of a foreign intelligence operation targeting him.

Oil marketing companies BPCL and HPCL reaffirmed E20 petrol quality amid allegations of excessive ethanol blending in Karnataka. Tests on 56 samples found an average ethanol content of 19.3 per cent, with all samples meeting prescribed specifications

Elon Musk and billionaire investor Bill Ackman voiced support for NVIDIA CEO Jensen Huang amid controversy over his personal life and alleged Chinese espionage links. They acknowledged his mistakes but highlighted his importance to America's artificial intelligence leadership 

Indian equity benchmarks opened higher on Monday, with Sensex rising 328 points and Nifty gaining 90 points. Positive global cues, foreign investor buying, easing crude prices and strong banking stocks supported market sentiment, while IT stocks declined

NVIDIA’s board has launched an independent investigation into reports that CEO Jensen Huang was targeted by a Chinese espionage operation. Huang has pledged full cooperation, while apologising to his family and employees over his admission of infidelity

Gold sales during Dhanteras and Lakshmi Puja are expected to exceed Rs 62,000 crore across India, driven by strong festive demand, rising investor confidence and growing interest among younger buyers despite high gold prices.

A World Bank assessment highlighted by Gulf Today says nearly 496 million Indians moved above the poverty threshold between 2011-12 and 2023-24. Poverty levels declined sharply during the period, aided by economic growth and welfare initiatives, though millions still remain vulnerable and challenges related to jobs, healthcare, education and housing persist.

Indian equity benchmarks recorded their strongest weekly gains in over a year, with the Nifty rising 8.58 per cent and Sensex gaining 8.82 per cent. Strong foreign inflows, domestic fundamentals and easing global concerns supported the rally.

Gold surged nearly 4.5 per cent during the week, recording its strongest gain since August, while crude oil suffered its steepest weekly decline since April 2020. Strong US employment data, Federal Reserve expectations and Diwali buying influenced bullion prices.

Indian equity benchmarks recorded their longest winning streak in three years, rising for seven consecutive sessions on Friday. The Sensex gained 1,718 points, while the Nifty crossed 25,000, supported by banking stocks, earnings-driven buying and a broader improvement in sentiment

Global shares tumbled after a Wall Street sell-off triggered by concerns over artificial intelligence stock valuations. Japan's Nikkei and South Korea's Kospi plunged 6 per cent, while European markets also declined amid growing uncertainty over the technology sector

The rupee appreciated 52 paise to close at 93.89 against the US dollar on Friday, supported by a weaker greenback and positive domestic market sentiment. The Sensex surged 1,718 points, while the Nifty gained nearly 494 points

India needs to install nearly 2.5 lakh smart meters daily to meet its target of 25 crore by March 2028. CareEdge Ratings said 6.5 crore meters had been installed by April 2026, while low prepaid adoption remains a challenge

The NCLT has declared former Videocon promoter Venugopal Dhoot bankrupt after admitting SBI's petition to recover Rs 12,668 crore in dues linked to personal loan guarantees. The decision follows creditors rejecting his proposed Rs 600 crore repayment plan

India recorded 31.72 lakh vehicle retail sales in October, up 25.05 per cent month-on-month but down 23.80 per cent year-on-year. EV sales hit a record 3.55 lakh units, taking overall electric vehicle penetration to around 11.5 per cent

Indian stock markets rallied as Sensex approached the 80,000 mark and Nifty gained amid sustained foreign institutional buying. Strong corporate earnings and large-cap valuations supported sentiment, while IT and banking stocks advanced. Metals, chemicals and realty sectors witnessed selling pressure

Indian equity benchmarks declined in early trade on Friday, tracking losses in US and Asian markets. The Sensex fell nearly 300 points, while the Nifty shed 149 points. IT stocks bucked the trend, gaining around 2 per cent

Developing countries' external debt reached a record $9.4 trillion in 2025, with borrowing costs threatening development spending, the World Bank said. India's external debt rose 6.4 per cent to $763.5 billion, although its debt-service-to-exports ratio declined

Blinkit Ambulance will charge Rs 2,500 for non-emergency transfers, while emergency services will remain free, Zomato founder Deepinder Goyal said. The move aims to discourage routine hospital visits from using fully equipped ambulances meant for emergencies

The Indian rupee settled unchanged at 94.46 against the US dollar on Thursday as a firm greenback offset support from crude oil prices and domestic equities. The currency recovered from its intraday low of 94.57 during the closing session

Nestvest, a SEBI-registered goal-based investing app from Wealthdoor Group, has launched its investment advisory services across India to help parents build long-term financial security for their children through personalized portfolios, direct mutual funds and goal-based planning. Founded by Kunal Anand and co-founded by Akshima Anand, Nestvest enables goal-based investments into children’s future milestones.

CERT-In has warned banks, NBFCs and fintech companies about escalating cyberattacks under the 'Crafty Falcon' campaign, which uses AI-powered tools to exploit vulnerabilities and facilitate unauthorised fund transfers. Attackers are targeting financial systems through compromised credentials, APIs and cloud infrastructure