World Updates

As investors increasingly anticipate that the US Federal Reserve will announce a rate drop following the end of its FOMC meeting later today, the shares of metal businesses increased in trade on December 10. A US rate decrease would lower borrowing rates for international investors, enticing them to put money into India’s faster-growing markets. Metal … Read more

According to Karthikraj Lakshmanan, Senior Vice President and Fund Manager-Equity at UTI AMC, who spoke with Moneycontrol, private banks will continue to increase their market share in the long run since they have been investing in technology more quickly and their profitability indicators have improved. As long as this concept is valid, private banks could … Read more

TechCrunch has learnt that Rivian has been developing its own AI helper for almost two years; this endeavor is distinct from its multibillion-dollar technological joint venture with Volkswagen. Rivian has not disclosed when customers would be able to use the AI helper. However, Rivian’s software director Wassym Bensaid told TechCrunch earlier this year that the … Read more

TechCrunch has verified and confirmed with B Capital that Kabir Narang, a founding general partner and early funder of many Indian startups, has departed the international venture firm. According to a memo shared with founders and examined by TechCrunch, Narang is setting the stage for a new investment platform that will launch in 2026 and … Read more

Although domestic demand has been holding up following the recent GST rate reduction and income tax relief provided in the Budget, geopolitical developments have put pressure on equities markets. A bubble in the value of AI stocks is another hotly debated topic. Businessline discussed the AI factor and other matters with Nilesh Shah, MD of … Read more