Business updates

Business updates

RBI keeps repo rate at 5.25% after India US, EU trade deals boost outlook

A majority of the 39 economists surveyed by Bloomberg expected the RBI to keep its repo rate unchanged at 5.25%.>

Mukesh Ambani and Larry Fink reveal how a 5-minute car ride led to a $300 million joint venture

Reliance Industries Chairman Mukesh Ambani and BlackRock CEO Larry Fink were in a conversation during JioBlackRock's 'Investing for a New Era' event.>

Spotify, a Major Audiobook Provider, Will Soon Offer Physical Books

The streaming service is joining with Bookshop.org to appeal to readers who read in multiple formats.>

Health data must be objective, not an illusion: RightLife’s Adit Mukherjee

Mukherjee believes the health industry saw a market fit in preaching an approach, but that must change for a holistic one.>

Who is Indian-origin Balaji Krishnamurthy? Uber appoints MDI Gurgaon alum as CFO

Balaji Krishnamurthy, Uber’s current Vice President of Strategic Finance, will assume the role of its Chief Financial Officer on February 16.>

Boeing to cut around 300 defense supply chain jobs

Boeing Co is eliminating about 300 supply chain jobs from its defense division, and is notifying affected workers this week.>

Wired Wisdom: Telecom’s NUF debate, Stuffcool ChargeCube 65, and a near miss

Beyond the regular noise, a closer look. 5 February 2026.>

Elon Musk’s companies plan to build AI data centres, in space

Musk and combined synergies of SpaceX and xAI believe orbital data centres begins the process towards becoming a Kardashev II-level civilisation.>

Silver down 16%, gold drops 3.5% as volatility grips precious metals

Silver plunged 12.7% to $76.9495 an ounce as of 11:18 am in Singapore. Spot gold was 2.1% lower at $4,859.20 an ounce.>

RBI may pivot to buying dollars to build forex reserves, analysts say

The rupee’s biggest rally in seven years on the back of the India-US trade deal gives RBI scope to rebuild forex reserves using US dollars.>

Credits : HTimes