Daily trending news …
The US military action in Venezuela leading to President Maduro’s capture is expected to have negligible effects on Indian oil refiners, already detached from Venezuelan crude due to longstanding sanctions. Venezuela contributes just 1% to global supply (900,000 bpd production), with exports mainly to China (76%). Disruptions would affect limited buyers, while abundant global supply and Brent trad
In a turbulent 2025 marked by global market swings and geopolitical tensions, HSBC Brazil Fund stood out with over 55.24% returns, making it the top performer for mutual fund investors. As an open-ended fund of funds investing in HSBC Global Investment Funds – Brazil Equity, it offered Indian investors exposure to Brazil’s booming equities.
In 2025, the global technology sector experienced unprecedented job losses, with more than 122,549 employees affected across 551 companies, according to Layoffs.fyi data. Major firms like Amazon (14,000 cuts), Microsoft (15,000), and TCS (12,000) led the wave, citing AI integration, cost optimization, and evolving business models. Other notable reductions came from Intel, Salesforce, HP, Meta, Goo
Indian households own approximately 34,600 tonnes of gold, valued at over $5 trillion amid record global prices exceeding $4,550 per ounce in 2025, surpassing India’s estimated $4.1 trillion GDP. This highlights gold’s enduring cultural and financial significance as the country aims for third-largest economy status. India accounts for 26% of global gold demand, with rising investment in bars and c
A severe global shortage of high-performance memory chips like HBM, DRAM, and eSSDs, driven by exploding AI hardware demand, has forced Google to dismiss senior procurement executives in Korea for failing to lock in long-term supply agreements with Samsung, SK Hynix, and Micron.
Global IT giant Accenture is boosting its Coimbatore operations with a massive 1,00,622 sq ft expansion in ELCOT SEZ, adding 1,500 new tech professionals to its existing 6,600-strong workforce. The move reinforces Coimbatore’s growing status as a Tier-2 IT hub, offering exciting career opportunities in digital, AI and cloud domains while driving economic growth and fresh employment in Tamil Nadu’s
Global gold prices have risen sharply in recent months, leading to increased demand for the precious metal. Throughout history, gold has captivated humanity as a symbol of wealth and prosperity, and it continues to play an important role today in both luxury and modern technology.
Heineken’s global CEO Dolf van den Brink highlights India’s pivot from multi-generational homes to nuclear setups as a cultural catalyst boosting beer adoption among freer urban youth and affluent middle-class. Speaking at the Capital Markets event, he positions warm, demographically young India as the globe’s emerging beer powerhouse.
Artificial Superintelligence (ASI) refers to a hypothetical future AI that would surpass human intelligence across all fields. Over 850 global leaders including tech pioneers (Geoffrey Hinton, Yoshua Bengio) and business figures (Steve Wozniak, Richard Branson, and Prince Harry) have signed an open letter urging a global ban on its development due to several risks.
Gold has been on an upward trajectory, reaching record prices as investors flock to it for safety amidst growing global uncertainties. The price of gold has nearly doubled in the past two years, averaging USD 3,665 per ounce in September 2025 and surpassing USD 4,000 in October. A recent report by CareEdge Global Ratings attributes this rise to increasing economic, currency, and geopolitical risks
