Surging bond yields wreak havoc on Dalal Street, but IMF sees more pain ahead. Why AI is one of the culprits

'Power to empower': Modi emphasises wider social reach of technology at Bloomberg New Economy Forum

'Power to empower': Modi emphasises wider social reach of technology at Bloomberg New Economy Forum

As momentum builds for F1's India return, Pranav Adani makes ''personal'' visit to Singapore GP

Pranav Adani visited the Singapore Grand Prix in a personal capacity, attracting attention for India's Formula 1 prospects. The Adani Group has acquired Jaypee Group's assets, including the Buddh International Circuit, which previously hosted races. Karan Adani has expressed interest in reviving Formula 1 in India, with government support evident in task force formation. Significant financial and logistical challenges must be addressed for the return of the sport to India.

Gold prices rise to Rs 1.50 lakh/10g; silver gains ahead of US economic data. Key levels to track

Gold and silver prices opened higher on MCX as investors awaited US inflation data for clues on the Federal Reserve’s rate outlook, while a firm dollar and geopolitical tensions kept precious metals volatile.

SpaceX Stock: Why Wall Street sees more upside ahead

SpaceX’s 2027 outlook hinges on Starlink expansion, AI chip financing, Starship progress and launch growth. Investors are weighing bullish prospects against high valuations, borrowing costs, execution risks and profitability concerns.

Ircon International shares jump 7% on Rs 862 crore railway EPC contract win

Ircon International shares surged after the company secured an EPC contract worth Rs 862.46 crore from East Central Railway. The project involves track-related works, including laying and linking railway tracks and supplying materials for the third and fourth lines under the Son Nagar–Andal project.

India bonds rise as investors see value after 10-year yield nears 7.40%

The Indian bond market experienced a surge as value investors jumped in, increasing demand significantly. After hitting a three-year peak, the benchmark 6.94% 2036 bond yield took a slight dip. Anticipation is mounting among investors for substantial debt issuance from the Reserve Bank of India and various states later this week.

Bandhan Bank shares jump 7% as Abu Dhabi’s IHC explores stake in promoter Bandhan Financial Services

Bandhan Bank shares jumped nearly 7% after reports that Abu Dhabi-based IHC was in early-stage discussions to acquire a promoter stake in Bandhan Financial Services, potentially giving existing investors an exit opportunity.

'India is the mother of democracy': PM Modi pitches 'power to empower' vision

In a key address at the Bloomberg New Economy Forum, Prime Minister Narendra Modi stressed the importance of empowering people while addressing concerns of equitable technological access. He championed India’s strong democratic values and the critical role of public engagement in governance. Highlighting India's vibrant digital landscape, particularly with YouTube, Modi showcased India's potential as a prime location for forthcoming innovations and economic prospects.

'India is the mother of democracy': PM Modi pitches 'power to empower' vision

In a key address at the Bloomberg New Economy Forum, Prime Minister Narendra Modi stressed the importance of empowering people while addressing concerns of equitable technological access. He championed India’s strong democratic values and the critical role of public engagement in governance. Highlighting India's vibrant digital landscape, particularly with YouTube, Modi showcased India's potential as a prime location for forthcoming innovations and economic prospects.

Rs 26,340 crore added in minutes! Why HCL Tech, TCS and other IT stocks rallied up to 7%

Indian IT stocks rallied up to 7%, with the Nifty IT index gaining 3.3%, as concerns over rising AI investment costs and uncertain returns rattled global technology stocks. Broadcom and Intel executives flagged capital constraints, prompting investors to reassess the AI boom. Separately, OpenAI told investors its September annualised revenue was nearly $50 billion, below its earlier indicated figure of $70 billion.

Govt not only 'stealing' votes but also savings: Congress on rise in inflation

Congress leader Jairam Ramesh pointed out that inflation is rising, impacting essential goods and public savings. Food inflation surged to 7.74 percent, with significant increases in prices of onions, garlic, and ginger. The Reserve Bank of India has raised the repo rate in response to these inflationary pressures. The party accuses the Modi government of failing to address the economic struggles faced by the people.