Why the $15 Billion Bet Matters The announcement of a $15 billion investment to build a 1 GW data centre in Andhra Pradesh signals a major push into India’s cloud and AI infrastructure. Rising demand for digital services, cloud computing and high-performance workloads is driving large technology firms to expand capacity close to users. What’s … Read more
All 14 victims in Louisville cargo plane crash have been identified Officials have identified all 14 victims who died in the fiery cargo plane crash near Louisville. Families have been notified and authorities continue to work at the scene and with federal investigators to piece together what happened. What we know so far Casualties confirmed: … Read more
What is a Consolidated Account Statement (CAS)? A Consolidated Account Statement (CAS) is a single document that shows all your investment holdings and recent transactions in one place. It brings together details from your demat account and mutual fund investments that are linked to the same PAN, making it easier to track portfolio value, corporate … Read more
The Indian equity market ended the day largely unchanged, with the benchmark Sensex closing marginally higher and the broader Nifty holding steady. Trading remained cautious as investors weighed mixed domestic and global cues. Market snapshot Sensex (30-share): closed at 84,478.67, marginally up Nifty: closed almost flat at 25,879.15 Why the market was subdued The near-flat … Read more
Bill Holdings Weighs Strategic Options Amid Activist Pressure Bill Holdings Inc., a business-payments company, is exploring strategic options that could include a potential sale, people familiar with the matter said. The move follows pressure from activist investor Starboard Value LP, which has pushed for changes at the firm. What’s happening now The company is reviewing … Read more
Equity mutual fund inflows ease after September high Inflows into equity mutual funds fell to ₹24,690 crore, down from ₹30,421 crore in September, the latest data from the Association of Mutual Funds in India shows. This marks an approximate 18.8% decline in net fresh money compared with the previous month. What the numbers mean The … Read more
Forex traders say the Indian rupee is trading in a tight range as two key forces have kept a sharp fall in check: an overnight drop in crude oil prices and renewed optimism over U.S.-India trade talks. These developments have provided a steady anchor for the currency, reducing volatility in the near term. What’s keeping … Read more
Age doesn’t directly change your credit score, but it affects several pieces of the puzzle lenders and scoring models use. Time on your side — or the lack of it — often shows up in your credit history, account mix, income stability and borrowing patterns. Those things do influence the score. How age affects credit … Read more
Startups can now access financial assistance under the Credit Guarantee Scheme for Startups through a single, unified digital platform. The move aims to simplify applications, speed up approvals, and make guarantees more accessible for early-stage businesses. What the unified platform offers One-stop application: Submit requests for guarantee cover and loan consideration from a single portal. … Read more
Subscription Update: QIBs Pick Up After Slow Start Qualified institutional buyers (QIBs) showed limited interest in the first two days but have since picked up pace. So far, QIBs have subscribed 1.63 times their allotted quota. Retail Response The portion set aside for retail individual investors has not been fully taken up yet. Retail subscriptions … Read more