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The US Federal Reserve kept interest rates unchanged, choosing caution as it evaluates easing inflation and a still-tight labour market. Despite repeated calls from President Donald Trump for sharp rate cuts, the Fed maintained its benchmark rate within the expected range, reinforcing its policy independence. Chair Jerome Powell’s stance reflects concerns over persistent inflation, political press
Nvidia has strengthened its AI infrastructure push with a $2 billion investment in CoreWeave, driving a sharp rally in the cloud firm’s stock. At the same time, Microsoft unveiled its in-house Maia 200 AI chip, signalling a strategic move to reduce reliance on Nvidia GPUs. The twin developments highlight intensifying competition in AI hardware, reshaping cloud dominance, investor sentiment, and th
Zoho Corporation is expanding its office in Kumbakonam, a rural town in Tamil Nadu’s Thanjavur district, with a new campus set to open later in 2026 that can house up to 2,000 employees. This move supports development of its new Zoho ERP platform and follows the company’s hub-and-spoke model, pioneered in Tenkasi since 2011.
In 2025, the RBI slashed its gold buying by 94%, reaching an 8-year low of just 4.02 tonnes. the hidden logic lies in portfolio rebalancing, as gold now occupies a record 16% of India’s total forex reserves.
The article examines whether NPS Vatsalya, a pension scheme for minors, suits education funding, highlighting its liberal exit norms at age 18 but underscoring withdrawal restrictions that reduce its utility for timely education needs. It notes options like shifting to regular NPS Tier-I or exiting with 20% lump sum and 80% annuitized, plus full withdrawal for small corpuses
Tesla has launched its first structured internship programme in India, hiring sales interns across eight major cities including Chennai, Bengaluru and Mumbai. The hands-on role focuses on customer engagement, product awareness and EV education. Seen as an early step before Tesla’s official retail and manufacturing plans, the move offers students and young professionals a rare chance to gain experi
CG Power and Industrial Solutions, part of the Murugappa Group, has secured its largest-ever single export order worth ₹900 crore from the US, entering the global data centre segment. The project involves supplying advanced power transformers for hyperscale data centres. This milestone strengthens CG Power’s global footprint and complements its recent strategic expansion into semiconductor manufac
China has reduced its holdings of US Treasury securities to the lowest level in 17 years, signalling a strategic shift in its foreign exchange reserve management. As tensions with Washington persist, Beijing is increasingly diversifying into gold, non-US currencies, and overseas equity investments. The move contrasts with rising US debt holdings by Japan and the UK, highlighting changing global re
Reliance Jio Platforms intends to launch a major IPO, offering about 2.5 percent of its shares to raise over USD 4 billion, supported by artificial intelligence initiatives and a robust market. The move could position India for its largest-ever public offering, pending regulatory approval and final pricing.
The article traces the Sensex’s four-decade journey from its 1986 start to recent levels, highlighting compounding power, sector shifts, and its status as a gauge of India’s economic evolution and wealth creation for investors.
