Business updates

Business updates

Divided US Fed delivers third rate cut of 2025 amid signals of a future pause

US Federal Reserve led by Jerome Powell has cut its interest rate by 25 bps to 3.50-3.75%, while maintaining its outlook for just one rate cut in 2026.>

Citi projects 10% rise in Nifty 50 by 2026-end amid a ‘Goldilocks’ economy

Improving consumption, sustained rural demand and early signs of an urban recovery are likely to aid Nifty 50 earnings in FY26, Citi analysts say.>

Silver rates surge to near ₹2 lakh per kg in India, ETFs see record inflows

Silver ETFs are also witnessing record inflows, adding 324 tonnes of the white precious metal in the past one week alone.>

Ather Energy has a ‘Middle-India’ pivot for a ‘Pan-India’ play

Ather Energy has adopted a product-led expansion strategy to grow its market share first in South India and then Middle India. But what about North India?>

Microsoft makes $17.5 billion AI commitment: What does it means for India? | 6 key facts

Microsoft CEO Satya Nadella announced a USD 17.5 billion investment to boost India’s AI and cloud ecosystem, the largest commitment in Asia.>

Amazon doubles down on its India investment plans amid an AI rush

Amazon had previously said it would invest an additional $15 billion in India by 2030, including $12.7 billion by cloud division Amazon Web Services.>

Meesho shares surge as much as 55% over IPO price on debut

Meesho's share price rose as much as 54.95% over the IPO price of ₹111 apiece on the BSE even as the benchmark Sensex traded up to 0.25% higher.>

SpaceX eyes world's largest IPO in 2026 for a valuation of $1.5 trillion

If SpaceX sold 5% stake at that valuation, it would have to sell $40 billion of stock—making it the biggest IPO of all time, well above Saudi Aramco’s in 2019.>

IndiGo told to cut flights amid cancellations. What does that mean for the passenger?

Fewer flights does mean higher ticket prices, especially during the year-end holiday season. But the reality is more nuanced.>

Warner Bros fight heats up with Paramount's $108 billion hostile bid

Paramount's latest attempt means the jockeying for Warner Bros. and its prized HBO and DC Comics assets will not come to a swift conclusion.>

Credits : HTimes