Industry Trends

Asian stocks today: Markets trade mostly in red; Nikkei sheds 1%, HSI remains flat

Asian markets opened lower Tuesday amid renewed trade tensions and political developments in Japan. Investors reacted to US President Trump's tariff threats and a potential parliamentary dissolution in Japan, which boosted government bond yields. Attention now shifts to US corporate earnings and inflation data ahead of the Federal Reserve's meeting.

Industry Trends

India bonds rise on bargain buying, state debt sale eyed

Indian government bonds saw a firming trend Tuesday, driven by bargain buying as the 10-year yield held below a crucial level. Reduced state debt supply for the week also bolstered sentiment. Traders anticipate limited market movement until the federal budget announcement on February 1, with focus shifting to a significant state debt sale later today.

Industry Trends

Delivery jobs should be seen as flexible employment, not gig work: Swiggy executive

Swiggy's Food Marketplace CEO Rohit Kapoor views delivery partners as a vital third pillar of the job market. He advocates for this work to be recognized as flexible employment, distinct from traditional formal jobs or entrepreneurship. Kapoor highlighted that millions have worked on the Swiggy platform, emphasizing the sector's significant scale and growth potential.

Industry Trends

OpenAI Reports Over $20 Billion Estimated Revenue for 2025 Amidst Wider AI Adoption

OpenAI's projected revenue has gone up from $2 billion in 2023 to over $20 billion in 2025, with compute capacity tripling each year as AI adoption entered the embedded stage from the experimentation stage. The post OpenAI Reports Over $20 Billion Estimated Revenue for 2025 Amidst Wider AI Adoption appeared first on MEDIANAMA .