Nvidia in free fall: Share price tumles over 12% US stock futures slid on Thursday as Nvidia shares plunged over 12% after Jensen Huang stepped down as the chipmaker’s CEO, triggering a broader sell-off in artificial intelligence-linked stocks. The leadership shake-up at the $4 trillion company rattled investor sentiment, adding to concerns over an AI…
Sundar Pichai to Satya Nadella: Indian CEO-led companies top valuation charts From the AI race to the boardroom, Indian-origin business leaders are making their mark on the global corporate map. The top companies they head are now worth a combined $15 trillion, a 53% jump in just two years, with the artificial intelligence boom emerging…
One of the biggest challenges facing India’s labour market is the growing disconnect between available talent and the capabilities employers require. By Balasubramaniam AIndia’s employment landscape is undergoing a fundamental shift. The conversation is no longer limited to how many jobs the economy can create. It is increasingly about the nature of these jobs, the…
AI’s productivity promise comes with a job risk for India’s IT and BPO sectors: Moody’s NEW DELHI: AI may be making workplaces smarter, but it has also kept employees on their toes since its advent, leaving many wondering if their jobs are next on the chopping block.This could be a particular concern for countries such…
In the current fiscal year through September, gold sales by volume declined by nearly 50%. Gold prices falling from their record highs has led to Indian consumers increasing their purchases of precious metals during the Dhanteras-Diwali period. Gold demand rose 30% in volume terms and silver buying grew 10% compared with the corresponding period last…
India’s imports of Russian crude oil rose in October 2026, up 10% month-on-month. India’s imports of Russian fossil fuels climbed to a record EUR 6.4 billion in October, fuelled by a steep rise in crude oil purchases, according to a monthly analysis by the Centre for Research on Energy and Clean Air (CREA).The increase has…
When AI company Anthropic begins trading after its expected IPO next week, its share price in the initial weeks may depend as much on who is required to buy the stock as on who wants to own it.Investors are looking to Elon Musk’s SpaceX, which went public in June, for clues. Its listing changed the…
Elon Musk reacts to Nvidia CEO Jensen Huang controversy Tech billionaire Elon Musk on Thursday weighed in on the controversy surrounding Nvidia CEO Jensen Huang, whose extramarital relationship with Megaspeed International founder Alice Huang have triggered questions over possible links to Chinese intelligence.Tesla CEO Musk responded to a user on his social media platform X,…
Noel Tata passes baton to Bahram Vakil MUMBAI: Tata Investment Corporation has appointed Bahram Vakil as chairman, completing a boardroom handover that has seen Noel Tata step down from a string of Tata companies on reaching the group’s retirement age.The appointment is the second in quick succession for Vakil. He had already been named chairman…
The person’s counsel told ITAT Jaipur the assessee’s mother had sold her old gold jewellery and given her son Rs 16 lakh in cash. (Image for representative purpose only) You buy a property and also deposit cash in your bank account. The Income Tax department treats both as unexplained income and asks you to file…
