Daily trending news …
Russia has pushed back against US President Donald Trump’s claim that India agreed to stop buying Russian oil. The Kremlin clarified that India has always diversified its crude imports and remains free to purchase oil from any supplier. With no official confirmation from New Delhi, experts say Indian refiners cannot fully replace Russian crude, highlighting India’s strategic focus on energy securi
China’s domestic RAM market is diverging sharply from global trends as CXMT offers low-priced DDR4 memory despite worldwide price hikes. While AI and data-center demand push global DRAM costs higher through 2026, China is filling the legacy memory gap by focusing on mature technologies. This split highlights a region-driven memory market shaped by geopolitics, supply chains, and AI-centric manufac
Indian IT stocks listed in the US faced sharp selling pressure for the second straight day as fears of AI-led disruption rattled investors. Infosys and Wipro ADRs fell sharply after US-based Anthropic launched advanced AI automation tools that could reduce demand for traditional IT services. The sell-off mirrored weakness in Nasdaq, highlighting growing concerns over AI replacing labour-intensive
Bengaluru Metro users are set to face another fare hike from February 9, with ticket prices expected to rise by ₹1–₹5 under an automatic annual revision rule. Despite strong public backlash over last year’s steep 71% increase, BMRCL says it is bound by Fare Fixation Committee guidelines. The hike could raise daily travel costs, strain household budgets, and push commuters back to roads, worsening
Entrepreneur Varun Mayya offers a practical, age-wise framework on careers and earnings in today’s technology-driven world. Rather than chasing money early, he stresses learning, experimentation, and calculated risk-taking at the right stages of life. From avoiding narrow job roles to prioritising trust and reputation after 30, his insights redefine success beyond salary, helping young professiona
BIG Bank: India is preparing a major overhaul of its banking sector as the government considers raising foreign direct investment in public sector banks from 20% to 49%. Backed by a new High-Level Banking Committee under the “Viksit Bharat 2047” vision, the move aims to create fewer but stronger global-scale banks. Increased foreign capital could boost balance sheets, improve competitiveness, and
Elon Musk has shaken the global tech ecosystem by merging SpaceX and xAI into a single $1.25 trillion powerhouse, blending rockets, satellites and artificial intelligence. By absorbing xAI’s heavy losses into SpaceX’s profitable, government-backed infrastructure, Musk has reshaped the AI investment narrative. The move puts pressure on rivals like OpenAI and signals a future where AI is powered by
BJP leader Annamalai’s decision to step down from key election responsibilities has stirred political speculation. While family health reasons were cited, discussions suggest possible strategic or political motives, including future electoral plans, may be behind his unexpected move.
Zoho co-founder Sridhar Vembu has warned that the SaaS business model faces serious disruption in the AI-assisted coding era. He said excessive spending on sales over product innovation made many SaaS firms unsustainable, with AI now accelerating consolidation. His comments come amid a sharp sell-off in Indian IT stocks after new AI tools raised fears of shrinking demand for traditional software a
Indian IT stocks witnessed a sharp selloff after US-based AI firm Anthropic launched advanced automation tools, reigniting fears of structural disruption in the software services industry. The Nifty IT index plunged over 7%, erasing nearly ₹2 lakh crore in market value. While investors worry about AI replacing labour-intensive IT workflows, experts say firms adapting to AI-led platforms could emer
