OpenAI ‘on track’ to unveil first AI device in 2026, Axios reports
OpenAI CEO Sam Altman has teased a future AI device designed by legendary Apple iPhone designer Jony Ive, without disclosing a concrete timeline for launch.
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OpenAI CEO Sam Altman has teased a future AI device designed by legendary Apple iPhone designer Jony Ive, without disclosing a concrete timeline for launch.
Indian markets open cautiously amid mixed earnings, with banking strength offsetting IT weakness. Market expert Nischal Maheshwari sees improving outlook for banks, near-term momentum in PSU and smaller lenders, continued but cautious optimism on metals, steady real estate demand, and growing opportunities in NBFCs and select infrastructure stocks despite valuation concerns.
Domestic gold hits record Rs 1,45,500 on MCX as Trump threatens EU with tariffs over Greenland. Strong bullish trend persists with technical support at Rs 1,43,000–1,43,500. Experts suggest buy-on-dip strategy with targets near Rs 1,46,000–1,47,000.
Mukesh Ambani's Reliance Industries Limited (RIL) is moving closer to the long-awaited public listing of Jio Platforms, as the conglomerate waits for a final government notification on revised IPO norms before filing its draft red herring prospectus (DRHP). The regulatory changes are seen as critical for a transaction of this scale and complexity. The proposed Jio Platforms IPO is expected to be the largest ever in Indian capital markets, with estimates suggesting it could raise $4–4.5 billion, or roughly Rs 33,000-37,000 crore. Investment banks have valued Jio Platforms at around $180 billion, nearly Rs 15 lakh crore. At that valuation, selling just 2.5% of the company, the minimum threshold under the SEBI revised framework for companies valued above Rs 5 lakh crore, could raise about $4.5 billion, according to Jefferies estimates from November 2025. The government has already approved a reduction in the minimum IPO float for large companies to 2.5% from the earlier 5%, a move aime...
CII’s Business Confidence Index in the third quarter of the current financial year (Q3FY26) rose for the third consecutive quarter to 66.5 from 66.0 in Q2FY26
India-EU FTA: India and the EU are on the verge of sealing a landmark trade deal, marking India’s ninth trade pact in four years as both sides accelerate deal-making amid rising global protectionism. The agreement promises market access gains for Indian goods and services.
Most first-time founders walk into a pitch believing they are selling a story. In reality, fundraising is not theatre. It…
The global economy is demonstrating unexpected resilience, projected to grow at 3.3% this year, unchanged from 2025, according to the IMF. This strength is partly attributed to a surge in AI investment across North America and Asia, helping to offset trade disruptions. The US economy is forecast to expand by 2.4% this year, an upgrade from previous predictions.
Alchemy Capital Management has launched Alchemy Long Term Ventures Fund – Series 3, a close-ended Category III AIF with a four-year tenure, extendable by up to one year. The
Silver prices surged sharply, with MCX silver futures crossing Rs 3 lakh per kg after a 5% jump, driven by safe-haven demand amid geopolitical tensions sparked by US President Trump’s Greenland bid and tariff threats on Europe. Silver is up about 30% so far in 2026.
The IMF has upgraded India's 2025 growth outlook to 7.3%, citing strong corporate earnings and economic momentum. Global growth is projected to hold steady at 3.3% this year, with resilience driven by AI investment and easing trade tensions. However, risks remain from AI sector valuations and escalating geopolitical uncertainties.
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