Industry Trends
Swiggy Q3 Results: Cons loss widens YoY to Rs 1,065 crore, but revenue jumps 54%
Food delivery giant Swiggy's consolidated net loss widened to Rs 1,065 crore in Q3FY26, an increase from the previous year's Rs 799 crore. Despite the higher loss, the company saw significant revenue growth, with operations generating Rs 6,148 crore, a 54% year-on-year increase.
Industry Trends
World will soon run short of copper amid rising AI data centres, power demand: Economic Survey
Economic Survey 2025-26 warns rising AI data centres and green energy will strain copper supplies, amid mine outages, trade barriers and volatile prices. Surging demand could keep copper elevated, reshaping metals markets, inflation trends, and India’s resilience through coming years.
Industry Trends
Market Wrap: Sensex adds 222 points, Nifty above 25,400 as D-St recovers from early dip
Indian markets reversed early losses to end higher on Thursday, with the Sensex and Nifty rebounding after a sharp morning selloff. Gains were supported by an upbeat economic survey and firm global cues, even as elevated crude, record gold prices and U.S.–Iran tensions kept investors cautious ahead of the Union Budget.
Industry Trends
Gold, silver prices to remain elevated amid global uncertainties: Economic Survey
The survey highlighted that both gold and silver touched lifetime highs during 2025, reflecting heightened global uncertainty and strong safe-haven demand
Industry Trends
Gold price rise hits jewellery demand in India, volumes fell 24% in 2025: World Gold Council
India’s gold jewellery demand by volume fell sharply in 2025 as record prices curbed buying, with consumption dropping 24% year-on-year to 430.5 tonnes, according to the World Gold Council. However, higher prices pushed the value of India’s jewellery demand to a record $49 billion.
Industry Trends
Economic Survey 2025-26: High, rising mobility costs evident; RRTS expansion offers hope
Cities need to prioritise the movement of people, not vehicles, notes Economic Survey 2025-2026
Industry Trends
FPIs flow remained volatile in FY26 on global uncertainty, capital shift towards AI-hubs: Economic Survey
As a result, there was a BOP deficit of $6.4 billion in H1 FY26 compared to a surplus of $23.8 billion in H1 FY25, which was funded by a decline in forex reserves
Industry Trends
Microsoft Reports Declining Gaming Revenue, Xbox Hardware Sales
Microsoft reported that its Gaming revenue fell 9 percent, while Xbox content and services revenue decreased 5 percent in the second quarter of FY 2026. Xbox hardware revenue fell 32 percent year-on-year, Microsoft said.
Industry Trends
WhatsApp Reportedly Working on Subscription Plan That Offers Exclusive Features, Customisation Options
WhatsApp is reportedly developing a new optional subscription that will unlock exclusive personalisation and productivity features, according to WABetaInfo. Spotted in the WhatsApp beta for Android version 2.26.4.8, the plan is not yet available to testers and may launch via a waitlist system. Expected features include premium stickers, themes, extra pinned chats, custom ringtones, and app icon options. The subscription will remain optional, keep core messaging free, and not affect user privacy. Pricing and launch details remain unconfirmed.
Industry Trends
China reportedly drops rules that sparked property crisis, developer shares surge
Chinese property developers are no longer required to report monthly data related to the country's "three red lines" policy, local media said on Thursday, an apparent end to rules which triggered a major debt crisis that continues to this day.
Industry Trends
Brent oil price tops $70 on Trump's Iran threats
Brent crude oil topped $70 per barrel Thursday for the first time since September as US President Donald Trump ramped up geopolitical tensions by threatening military strikes on Iran. In London morning deals, international benchmark oil contract Brent North Sea crude jumped 2.4 percent to $70.06 per barrel.