Business updates

Business updates

Bitcoin falls below $90,000, down nearly 10% in two days

Bitcoin's value has plunged below the 90,000 dollar mark for the first time since January 9, driven by a selloff in global markets and geopolitical tensions.>

Gold tears past ₹1.5 lakh in India as trade war fears trigger a rush to safe havens

Silver prices have jumped nearly ₹17,700 kg in just two sessions, driven by a “perfect storm” of industrial demand and geopolitical convulsions.>

Sensex, Nifty 50 fall ~0.5% each as selloff deepens on Trump Greenland tantrums

A choppy earnings season led by Reliance Industries and ICICI Bank isn't helping matters either for India's stock market.>

Rupee-Dollar slips to all-time low on risk-aversion stoked by Greenland dispute

The rupee slipped past its previous record low of 91.0750/dollar at open, falling about 0.24% to 91.19 on the day.>

Sony’s TV spin-off: Can TCL sustain a venerable Bravia legacy?

Sony and TCL hope to leverage technology and manufacturing strengths, as a collective front amidst the competitive home entertainment device market.>

Netflix amends Warner Bros deal to all-cash offer to keep Paramount at bay

The new terms of Netflix-Warner Bros deal neutralise criticism by Paramount that the stock portion of the Netflix offer makes its bid inferior.>

IMF raises India’s FY26 growth forecast to 7.3%

India is projected to remain the fastest growing major economy, with growth rates of 7.3% for 2025-26 and 6.4% for 2026-27, says IMF.>

PhonePe IPO gets SEBI nod but needs to file an updated DRHP first

The PhonePe IPO is slated to be a pure offer for sale by existing shareholders, meaning the company won't be raising any additional funds for itself.>

AI PCs primarily for future-proofing, not immediate business value: Gartner

It is expected worldwide shipments will dip in 2026, on the back of potential price increases for consumers.>

Sensex, Nifty 50 tumble 1.5% each as trade war fears wipe out ₹10 lakh crore

Sensex plunges 1,065.71 points to 82,180.47, Nifty 50 dives 353 points to 25,232.50, as Donald Trump's Greenland tariff stokes fears of a trade war.>

Credits : HTimes