Daily trending news …
Oracle is planning massive layoffs of 20,000 to 30,000 employees—its largest ever—to generate $8-10 billion in cash flow for escalating AI data center costs, including a $156 billion OpenAI deal requiring 3 million GPUs.
India’s GDP growth moderated to 7.8% in the October-December quarter of FY26 (down from 8.4% in Q2), though it improved from 7.4% a year ago, with full FY26 projection revised upward to 7.6% after rebasing to 2022-23. Forex reserves fell $2.11 billion to $723.608 billion in the week to February 20 after hitting a record $725.727 billion the prior week, reflecting short-term outflows despite overal
Anthropic, the fast-rising AI startup behind Claude chatbot, has skyrocketed to $380 billion valuation after a $30 billion funding round in February 2026, eclipsing the combined market cap of India’s top IT giants TCS, Infosys, Wipro, HCL Tech, and Tech Mahindra ($240 billion). 2021இல் தொடங்கிய Claude சாட்பாட் உருவாக்கிய அந்திரோபிக், பிப்ரவரி 2026இல் $30 பில்லியன் நிதி திரட்டி $380 பில்லியன் மதிப்
Dubai has unveiled the massive AED 100 billion ($27.2 billion) DIFC Zabeel District expansion, tripling the size of its premier financial hub to host over 42,000 companies and 125,000 professionals by 2040. Featuring the world’s largest innovation hub, first AI campus, luxury residences, and top education facilities, this project boosts jobs for Indians via strong UAE ties and positions Dubai to
Dubai has unveiled the massive AED 100 billion ($27.2 billion) DIFC Zabeel District expansion, tripling the size of its premier financial hub to host over 42,000 companies and 125,000 professionals by 2040. Featuring the world’s largest innovation hub, first AI campus, luxury residences, and top education facilities, this project boosts jobs for Indians via strong UAE ties and positions Dubai to
OpenAI has chosen Tata Consultancy Services (TCS) as its inaugural customer for India’s data centre business, starting with 100MW capacity as part of the $500 billion global Stargate AI infrastructure mega-project. This landmark deal supercharges TCS’s $7 billion data centre expansion plan and highlights India’s booming role in the worldwide AI boom alongside giants like Google, Amazon, Microsoft,
China’s People’s Bank of China (PBOC) added to its gold reserves in January 2026, marking the 15th consecutive month of purchases, with holdings rising to 74.19 million troy ounces from 74.15 million the prior month. The value of these reserves increased to $369.58 billion, up from $319.45 billion,
Mukesh Ambani urged Indian savers to move away from gold and silver, which India imported worth $60 billion and $10-15 billion last year respectively, noting these assets remain idle and fail to contribute to economic growth. Instead, he advocated investing in capital markets where returns can compound as businesses expand, speaking at a Jio BlackRock event amid rising bullion prices.
India’s gold imports rose 1.6% to $58.9 billion and silver imports surged 44% to $9.2 billion in 2025, despite record-high global prices, widening the trade deficit and pressuring the rupee. To overcome this finance minister may make announcement about gold and silver import duty. This may reduce the price or further increase the prices.
As Nvidia’s market cap hovers near $4.6 trillion in late 2025, the AI ecosystem reveals interconnected deals: potential $100 billion Nvidia investment in OpenAI, alongside massive cloud contracts like OpenAI’s reported $300 billion arrangement with Oracle, which in turn buys billions in Nvidia chips. This circular money flow—model builders funding cloud providers fueling Nvidia—mirrors the dot-com
