Fintech firms Paytm, Pine Labs double down on adding sales employees

European gas rebounds above 2% as Hormuz uncertainty scuttles supply hopes

The decision to hold India’s policy rate steady in the face of inflation risks felt like a foregone conclusion. Now that RBI watchers appear to have assumed a hierarchy of policy goals, India’s central bank must mull over the potential consequences.

Global semiconductor stocks fell sharply as Micron and Intel dropped up to 8%, tracking weakness in Asian peers despite strong Samsung earnings. Investors are reassessing valuations after a strong AI-led rally, while concerns over custom chip development and future demand are making markets more selective towards AI-linked semiconductor companies.