Hikal’s Q1 Loss Decreases as Revenue Soars 31%, Margin Grows to 9%
On Thursday (August 6), Hikal Ltd, a firm specializing in pharmaceuticals and crop protection, announced a consolidated net loss of ₹7.4 crore for the…
AI Update: Meta’s Cloud Strategies, Micron’s $200 Billion Investment, WhatsApp’s Challenges in India
Recent advancements in AI also feature KKR and SK initiating a $1.3 billion renewable energy initiative aimed at supporting AI data centers.…
Doha Negotiations Set to Restart Following Khamenei’s Funeral; Trump Remarks on Rapidly Falling Oil Prices
The US and Iran have agreed to resume indirect talks following the funeral of Iran’s former Supreme Leader Ali Khamenei, as President…
KOSPI Plummets More than 6% Amidst Declines in Asian Markets Due to AI Concerns
Following a selloff in US chipmakers that reignited concerns over whether the AI-fueled growth has outpaced fundamental values, Asian markets…
Wall Street Gains Ground as Fed’s Warsh Indicates Reduced Inflation Concerns and Omits Rate Guidance
US stocks closed mixed-to-higher on Wednesday as investors assessed remarks from Federal Reserve Chair Kevin Warsh, who indicated that…
Fed Chair Kevin Warsh aims to utilize real-time economic data within a year to enhance interest rate decisions.
Federal Reserve Chairman Kevin Warsh laid out an ambitious plan on Wednesday for the U.S. central bank to “uncover” and begin utilizing…
Government highlights cybercrime concerns over WhatsApp usernames, instructs Meta to halt launch in India.
The government has issued a notice to Meta regarding the planned rollout of the “usernames” feature on WhatsApp in India,…
Meta appoints Alex Schultz as its inaugural chief data officer.
Meta announced on Wednesday that Alex Schultz, the company’s chief marketing officer, will take on the role of its first chief data officer to…
Mbappé heads France’s formidable attacking quartet as Les Bleus rise as top contenders for the World Cup.
France’s dynamic quartet of Kylian Mbappé, Ousmane Dembélé, Michael Olise, and Bradley Barcola has opponents exclaiming: Sacré bleu! “Their…
10 Highlights at 10: From US-Iran Uncertainty to Nifty IT’s Toughest First Half in 26 Years, June Auto Sales, and More
Market Overview Dalal Street ended a two-day losing streak on Wednesday, driven by investments in major financials, Reliance Industries, and…
AI Chip Competition Creates Fresh Prospects for Indian Semiconductor Startups
Artificial intelligence is fueling a new wave of deep-tech innovation in India, with semiconductor startups increasingly poised to partner…