ENIL EBITDA rises 42% in Q1, digital business grows
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Profit by knowlytics
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Gold prices found stability on Friday, approaching their most significant weekly increase since January. Soothing concerns over inflation, a drop in oil prices has influenced interest rate expectations. Investors are focused on the upcoming US nonfarm payrolls data for insights into economic conditions. Other precious metals, like silver and platinum, faced slight declines, while central…
Public infrastructure attracts capital if users are ready to pay fair and transparent usage charges. In the case of NPCI’s UPI too, the user-pays principle should apply. Let the Reserve Bank of India’s e-rupee serve as the country’s digital cash.
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Indian stock market indices Sensex and Nifty 50 are expected to open lower on 7 August due to rising crude oil prices and Middle East tensions. Brent crude has surged, raising concerns over energy supplies and inflation. The Gift Nifty suggests a cautious start for domestic equities.
The Indian stock market is set to open lower on August 7, influenced by rising crude oil prices. The Nifty 50 and Sensex indices show weak trends, with analysts suggesting key support and resistance levels for trading.
Like last month’s blockbuster model release from Chinese AI startup Moonshot, Alibaba’s Qwen3.8-Max model is an open-source, open-weight model, meaning that the underlying learned settings that allow developers to run or adapt the system are available for download. By contrast, U.S. developers OpenAI, Anthropic and Alphabet’s Google have closed-source models.
LEAP India IPO opens for subscription from 7 to 11 August, with a price band of ₹151–159. The company raised ₹743.62 crore from anchor investors and aims for a listing price of ₹178.5, indicating positive market sentiment.
The ride-hailing services provider has stepped up spending on incentives and loyalty programs to attract and retain customers and sustain growth.