business news
Former Twitter CEO Parag Agrawal’s new AI startup, Parallel Web Systems, launches with $30M funding to build a cloud platform for real-time AI web research, outperforming GPT-5 benchmarks. At a Glance: Parallel Web Systems A New Chapter for Parag Agrawal Parag Agrawal, best known for leading Twitter between November 2021 and October 2022, has returned … Read more
Google Chrome Payments Integration adds remittances, BNPL, and secure autofill to boost convenience and challenge AI browser rivals. Google Chrome Payments Integration is redefining the way people experience financial transactions within their browsers. As the internet grows more dynamic and e-commerce surges globally, the demand for seamless, secure, and intuitive payment solutions has never been higher. … Read more
SEBI proposes sweeping reforms to Algo Trading Rules after a ₹4,843 crore Jane Street probe exposed vulnerabilities in India’s derivatives market, aiming to protect retail investors. India’s financial markets are bracing for sweeping regulatory changes as the Securities and Exchange Board of India (SEBI) moves to tighten controls on algorithmic and proprietary trading. The crackdown … Read more
Paytm secures RBI’s in-principle approval as an online payment aggregator, ending the merchant ban and setting up strong growth prospects in 2025. Paytm Payments Services RBI Approval Marks a New Era for India’s Fintech Leader Paytm Payments Services Limited (PPSL), a wholly-owned subsidiary of One 97 Communications, has received the much-awaited in-principle approval from the Reserve Bank … Read more
India increases foreign direct investment (FDI) in the insurance sector from 74% to 100%, aiming to boost competition, innovation, and insurance penetration. Explore key benefits, market potential, regulatory framework, and industry impact of this landmark reform. In a transformative policy shift announced on August 12, 2025, India’s government has raised the foreign direct investment (FDI) … Read more
At the NVIDIA AI Summit in Mumbai, CEO Jensen Huang delivered a compelling vision for artificial intelligence—one that champions AI as humanity’s partner, not its replacement. Speaking before over 5,000 attendees at the Jio World Convention Centre from October 23-25, 2024, Huang offered both technological insights and personal philosophies that resonate deeply in an era … Read more
Explore the full list of US Brands in India in 2025, their sector-wise presence, major investments, and the ongoing boycott debate shaping consumer sentiment. New Delhi — From trillion-dollar technology firms to global consumer giants, US Brands in India have become an integral part of the country’s economy. These American brands operate in technology, e-commerce, … Read more
Google Finance gets a major AI upgrade with a research chatbot, smarter charts, live news, and expanded market data. Here’s what’s new and when it’s coming to you. New Delhi – Google has unveiled a major artificial intelligence (AI) upgrade to its Google Finance platform, introducing a powerful research chatbot, advanced charting tools, and real-time … Read more
ICICI Bank has increased the minimum average balance for new savings accounts to ₹50,000 in metros from Aug 2025. Check rules, penalties, and alternatives. Big Change in ICICI Bank Savings Account Rules Starting August 1, 2025, ICICI Bank has raised the minimum average monthly balance (MAB) requirement for new, non-salary savings accounts.The most significant change … Read more
RBI hints at future UPI charges in India, sparking a national debate on the future of digital payments. Explore impact, public reaction, and expert views. The Reserve Bank of India (RBI) has indicated that Unified Payments Interface (UPI) transactions—currently free for users—may not remain so in the long term. RBI Governor Sanjay Malhotra, addressing a … Read more
Discover how the xAI Kalshi partnership integrates Grok’s AI insights into prediction markets, transforming trading with real-time analysis. Learn about this collaboration, announced July 24, 2025, and its impact on AI-driven finance. Introduction to the xAI Kalshi Partnership Elon Musk’s xAI has forged a transformative alliance with Kalshi, the leading U.S.-regulated prediction market platform, through … Read more
Dow Inc. shares plummet 9.9% after a 50% dividend cut to $0.35 per share and a Q2 2025 loss of $0.42 per share. Explore the chemical giant’s financial struggles, cost-cutting measures, and what lies ahead for investors. MIDLAND, Mich. — Dow Inc. (NYSE: DOW), a global leader in materials science, saw its shares drop 9.9% … Read more
Discover why Karnataka vendors are striking over GST notices, halting tea, coffee, and milk sales. Explore the impact on India’s digital economy and the ongoing tax controversy. Bengaluru, July 23, 2025 – Karnataka’s vibrant markets have turned tense as small traders and street vendors launch a Karnataka vendors strike, suspending sales of tea, coffee, milk, … Read more
Discover $100 Billion India-EFTA Trade Deal, effective October 1, 2025. Learn how this landmark agreement with Switzerland, Norway, Iceland, and Liechtenstein will drive $100B in investments, create 1M jobs, and boost India’s economy. New Delhi, July 20, 2025 – India’s transformative $100 billion trade deal with the European Free Trade Association (EFTA), comprising Switzerland, Norway, … Read more
Discover how Asian nations like Japan, South Korea, and Vietnam are boosting U.S. LNG imports to dodge Trump’s 2025 tariffs. Explore the trade strategy, economic risks, and environmental concerns in this in-depth analysis. Asian nations are boosting U.S. LNG imports to navigate President Donald Trump’s tariff policies and reduce trade surpluses. Countries like Japan, South … Read more
Meta Platforms settles massive $8 billion Meta shareholder lawsuit tied to the Cambridge Analytica scandal, halting a Delaware trial. Learn about the privacy violations, Mark Zuckerberg’s role, and what this means for Meta’s future. SAN FRANCISCO — Meta Platforms, the parent company of Facebook, has settled a $8 billion Meta shareholder lawsuit against CEO Mark … Read more
Discover how Michigan is turning the SanDisk chip plant cancellation into new economic opportunities. Learn about the Mundy Township megasite’s potential and the state’s resilient response to create jobs and attract innovative industries. On July 16, 2025, SanDisk, a leading semiconductor manufacturer under Western Digital, announced the cancellation of its $55 billion chip plant in … Read more
Former OpenAI CTO Mira Murati’s AI startup, Thinking Machines Lab, secures $2B in funding at a $12B valuation. Learn how her open-source, multimodal AI is set to reshape the tech world.San Francisco – Mira Murati, the former Chief Technology Officer of OpenAI, has made headlines once again. Her new startup, Thinking Machines Lab, has raised … Read more
Apple invests $500 million in MP Materials to produce rare earth magnets in Texas and California, strengthening U.S. supply chains and boosting sustainable manufacturing. In a significant boost to American manufacturing, Apple Inc. has announced a $500 million investment in MP Materials, a leading U.S. rare earths producer. The strategic partnership aims to secure a … Read more
Jensen Huang Net Worth 2025 hits $143.7B, overtaking Warren Buffett. Nvidia’s $4T rise highlights AI’s dominance in billionaire wealth creation. Jensen Huang Net Worth 2025 Tops Buffett in AI Boom In a landmark shift within the global financial elite, Jensen Huang net worth in 2025 has surpassed that of legendary investor Warren Buffett — signaling … Read more