Day: August 5, 2026

Happy Forgings Q1 FY27 slides: record profit, 31% EBITDA margin

DeepSeek founder Liang Wenfeng states his company avoids China’s 996 work culture. He believes research requires a relaxed environment and focused efforts. Employees are not assigned key performance indicators and have unallocated time. This approach contrasts with some Silicon Valley founders advocating longer workweeks. DeepSeek continues its AI business expansion with this flexible model.

Israeli Prime Minister Benjamin Netanyahu has openly recognized the existing rifts with U.S. President Donald Trump. He emphasized that for any reconstruction efforts in Gaza to commence, Hamas needs to be completely disarmed. Furthermore, the Board of Peace has declared that Israeli forces will maintain their position and not retreat beyond the Yellow Line until…

Gold price prediction today: Recent gold price trends suggest that the worst of the downside may be behind us, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers. Early this week, bullion has started on a firmer footing, supported by a weaker US dollar, easing crude oil prices following…

Indeed, RBI governor Sanjay Malhotra has acknowledged that the conflict in West Asia continues to weigh on the global economy by disrupting critical trade routes and supply chains, increasing market volatility and weakening business confidence. But the biggest factor for keeping repo rate unchanged was that while inflation has risen, the impact of cost pressures…

In an interview with the Economic Times, Gnani.ai CEO Ganesh Gopalan said the biggest challenge to enterprise AI adoption was not other AI companies, but the systems businesses already use.

On Wednesday morning, Russian airstrikes tragically claimed the lives of fourteen individuals in Ukraine’s capital, Kyiv. The city was under air raid alarms for more than an hour, as seven military targets were bombarded. This assault resulted in severe damage to buildings and warehouses, causing significant fires and an ammonia leak.

SoftBank-backed OfBusiness is reviving its IPO plans, aiming to raise up to $800 million through a mix of fresh issue and offer for sale amid improving Indian market conditions.

SpaceX shares fall on AI spending concerns; Musk says $1 trln revenue possible

Gold tops $4,200 as Hormuz deal hopes trim Fed hike bets, dollar slips