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US stock market today: Wall Street futures remain flat amid oil, yield concerns

US stock futures indicated a cautious start as major indices turned negative due to rising crude oil prices and bond yields. The Dow lost 246…

Sebi unlocks digital POAs for FPIs, waives notarisation & apostillisation

SEBI now permits Foreign Portfolio Investors (FPIs) to submit digitally signed Power of Attorney documents, complying with the Information Technology Act, 2000. This initiative eliminates…

US dollar at 3-month low as Treasury moves to soothe bond jitters

The U.S. dollar weakened near three-month lows as Treasury bond buybacks calmed markets. Long-term Treasury yields retreated from recent nineteen-year highs after the Treasury's announcement.…

India bond yield curve flattens on central bank unpredictability, demand for long-term debt

Indian bond yields are experiencing a flattening trend as the central bank's policy adjustments begin to influence borrowing costs. The Reserve Bank of India has…

Investors dump India bonds after hawkish RBI minutes

Domestic bonds experienced mounting pressure after the Reserve Bank of India's recent policy minutes conveyed a hawkish tone. The escalation in oil prices further compounded…

Sebi eases FPI onboarding by allowing digitally signed Power of Attorney

Sebi has streamlined the onboarding process for foreign portfolio investors by permitting the use of digitally signed power of attorney documents. This change eliminates the…

Dow Jones| Nasdaq | US Stock Market Today | Live: US futures subdued as bond yields rebound; Walmart slides after results

Taxing the tokens? Raghuram Rajan flags AI job loss risks, moots strategy to level field for human workers

According to Raghuram Rajan, the biggest obstacle to wider adoption at present is not AI's capabilities but the difficulty of integrating them into existing workflows.…

IndiGo’s new CEO Willie Walsh flags A350 induction as vital for international growth

IndiGo has firm orders for 60 Airbus A350-900 aircraft, with deliveries scheduled from next year.

China's humanoid industry chasing ‘ChatGPT moment’ by 2028 — Unitree CEO says AI robots 80% successful at tasks

Unitree CEO Wang Xingxing said, “We are marching towards a 'ChatGPT moment' in embodied intelligence.”

Alibaba’s profit dives 75% after amping up AI spending, shares fell 3%

Alibaba Group Holding Ltd.’s profit plunged more than 75% after China’s e-commerce leader ratcheted up AI spending while grappling with a broad Chinese consumption slowdown.