Category: Business News & Economy

The Dow Jones Industrial Average rose 0.14%, the S&P 500 fell 0.13%, the Nasdaq Composite dropped 0.36%

Chairman Tuhin Kanta Pandey outlined Sebi’s FY27 priorities, including regulatory simplification, faster approvals, technology-driven supervision and deeper capital markets.

The S&P 500 gained 0.2%, remaining close to the record high it reached on Tuesday. By 9:53 a.m. Eastern time, the Dow Jones Industrial Average was down 21 points, or less than 0.1%, while also trading near its all-time high. The Nasdaq composite advanced 0.2%.

Yardeni explains why the Fed should be turning more hawkish

The government has identified 20 indigenous foundation model proposals for support under the IndiaAI Mission and approved 237 projects for subsidised AI compute support, as it continues to strengthen India’s domestic artificial intelligence ecosystem and technological self-reliance, according to a reply in the Lok Sabha.

Indian equities have lagged global markets due to AI-led capital flows, valuation pressures and global uncertainties. However, strong domestic demand, policy continuity, infrastructure growth and healthy fundamentals continue to support India’s long-term outlook.

Microsoft launched its largest India data center in Hyderabad on Thursday. This new facility brings Microsoft’s cloud regions in India to four. Adani Group and HDFC Bank are among the early users of this new center. Microsoft has committed $20.5 billion to expand its India operations. Rivals Alphabet and Amazon are also investing in India’s…

A new study by Northwestern University has found that neighbourhoods in Chicago that lost more tree canopy over 11 years also recorded higher mortality rates, particularly in hotter areas. The researchers say protecting mature trees, along with planting new ones, could help reduce heat-related health risks and improve public health in cities.

Conagra launches Marigold frozen Indian meals in Canada

Phillip Island has undergone a remarkable environmental turnaround following an extensive pest eradication initiative. The island is witnessing a resurgence of native flora and is nurturing thriving colonies of migratory seabirds. Each year, it becomes a safe haven for thousands of seabirds to breed. Ongoing restoration efforts aim to safeguard native wildlife and reinforce vulnerable…