Business

Sensex surges 1022 points, nears all-time high

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The Bulls are Back: Sensex Soars, Brushing Against Record Highs The Indian stock market has been on a rollercoaster this year, but lately, it feels ...

Holiday guide: What’s open, what’s closed on Thanksgiving Day; major retailers shut as Black Friday prep begins

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Americans are gearing up for Thanksgiving with family meals and early holiday shopping as most major retailers close on Thursday, reopening for Black Friday. This ...

Rupee regime gets a shift: IMF tags India’s framework as ‘crawl-like’; calls for more currency flexibility

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The IMF has reclassified India’s exchange rate regime to a “crawl-like arrangement,” indicating increased flexibility after previously labeling it “stabilised.” This shift follows a review ...

US labour market holds firm: Jobless claims fall to 216,000; layoffs stay low despite corporate cuts

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Jobless claims fell last week, indicating a stable labor market despite some company layoffs. While hiring slowed and the unemployment rate ticked up, the overall ...

US markets today: Wall Street extends gains as rate-cut hopes rise; tech stocks lead early rally

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US stocks climbed on Wednesday, with the S&P 500, Dow Jones, and Nasdaq all seeing gains. Traders are anticipating an 83% chance of a Federal ...

Byju’s rise and fall: One edtech giant’s unravelling – A lesson for many

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The Byju’s Saga: A Cautionary Tale in EdTech The meteoric ascent and subsequent turbulence of Byju’s, once the poster child of the Indian EdTech revolution, ...

‘Growth remains robust’: IMF backs India’s outlook; lauds strong fundamentals & contained inflation

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India’s economy is on a strong footing, according to the IMF, thanks to sound policies and structural reforms. Robust growth, well-managed inflation, and rising living ...

‘There is a Cisco’: Why ‘Big Short’ investor Michael Burry is betting against Nvidia and Palantir

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Michael Burry, famous for his housing market bet, is now shorting AI giants Nvidia and Palantir. He criticizes their accounting practices, particularly how cloud companies ...

Reliance leads rally: Shares touch 52-week high; market cap tops Rs 21 lakh crore

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Reliance Industries surged on Wednesday, crossing the Rs 21 lakh crore market valuation mark and hitting a 52-week high. The stock’s impressive 29% gain in ...

Explained: How China gained rare earths dominance — and what it means for the US

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China’s decades-long dominance in rare earth elements, crucial for defense and technology, stems from extensive investment across the entire supply chain. Recent export curbs have ...