SBI economists halve December RBI rate hike forecast to 25 bps on easing rupee pressure, foreign inflows

'Spike proteins in tumor?': Chilling claim on 'mRNA COVID vaccines causing Cancer' at Senate hearing

Nebius beats quarterly revenue estimates on strong AI demand

In the latest quarterly report, Nebius achieved impressive revenue of $981 million, exceeding analyst projections of $907.5 million. The company is optimistic about future sales, forecasting between $12 billion and $13 billion by 2027. However, its revenue predictions for 2026 are slightly lower than the market's expectations. With customers opting for longer agreements at elevated prices, prepayments have significantly surpassed capital investments.

Brazil’s WEG to invest ₹2,000 crore in Tamil Nadu

Dharmapuri and its surrounding regions stand to benefit from a major industrial development initiative, with the potential to create approximately 3,000 employment opportunities

Broker’s Call: Mahindra & Mahindra (Buy)

SBI Securities

Nasdaq, S&P 500 futures fall as Nvidia turbulence unsettles AI stocks

Futures tracking the Nasdaq 100 fell significantly after Nvidia shares plummeted due to leadership concerns. Reports about CEO Jensen Huang led to a decline in investor sentiment towards AI-linked stocks. Additionally, the upcoming Producer Price Index data is raising inflation expectations among investors. Concerns over economic impacts and geopolitical risks remain prevalent, with a December rate hike by the Federal Reserve anticipated.

Clean Max Enviro Energy pledges Rs 50,000 crore investment in Andhra Pradesh

Clean Max Enviro Energy Solutions has signed an MoU to invest Rs 50,000 crore in Andhra Pradesh. This investment will focus on developing 3GW of integrated power generation facilities using wind and solar energy. The power generated will support a compute factory being established in Kurnool in collaboration with Neysa. Clean Max aims to integrate generation, storage, and distribution to meet rising clean energy demands.

Nvidia CEO Jensen Huang resigns; Collette Kress appointed Interim CEO: Stock Market Live Updates

Standard Chartered launches four global investment funds from GIFT City

The new offering, developed with Amundi Asset Management and SBI Funds International, caters to different investment objectives and risk appetites

In the 1920s, Utah’s Coal City was planned for 2,600 lots, but only about 200 were sold; the mining company dissolved in 1936

In the early 1920s, George A. Storrs aimed to create a unique mining town in Utah. The planned community was intended for miner-ownership with homes, farms, and essential services. Despite initial excitement, only a small portion of the lots were sold, and the project failed. The Great Western Coal Mines Company went bankrupt in 1936, leading to the town's decline.

Weather forecast, snow prediction for New York City, Boston, Philadelphia, Washington, D.C, other areas, flight delays expected from Thursday afternoon

Weather forecast: High altitude areas in Elkins, West Virginia; Mount Pocono, Pennsylvania; and Saranac Lake, New York, West Virginia, northern Pennsylvania, the Adirondacks will receive a few inches of snow.

PM Modi's light-hearted take on 'Breaking News'; thanks media for attending BJP’s Diwali Milan event

'Take the India Story to the world': PM Modi urges media to spotlight India's achievements

Prime Minister Narendra Modi outlined the goal of developing India by 2047 during a Diwali Milan event. He highlighted India's significant achievements in various sectors, including technology and poverty alleviation. Modi emphasized the need for media to showcase India’s successes to the world. He also called for increased awareness about drug abuse among youth. Modi concluded by noting the importance of unity in reaching India's developmental goals.