The IMF praised India’s resilient economy, noting its Q1 FY27 real GDP growth of 7.8% surpassed expectations. Spokesperson Julie Kozack highlighted strong services and exports, calling India a key global growth engine despite energy price shocks. IMF Applauds India’s Resilient GDP Growth India’s economy has shown resilience despite the energy price shock, with the country’s … Read more
A routine Class 10 lesson at a Hyderabad school quickly turned into a terrifying evacuation after a cobra slithered into the classroom, sending frightened students rushing for the exit. A routine Class 10 lesson at a Hyderabad school quickly turned into a terrifying evacuation after a cobra slithered into the classroom, sending frightened students rushing … Read more
HSBC Mutual Fund says rising global bond yields could be a headwind for India’s monetary policy and may limit rate cuts. India’s interest rates will depend on the US rate cycle, even as the country’s economic growth remains resilient. Rising global bond yields could remain a key headwind for India’s monetary policy and may limit … Read more
A new hosting deal will add about $13 billion in ARR from Dec.1, boosting SpaceX’s confidence in its $100 billion year-end target. SpaceX plans to expand terrestrial AI compute capacity from just over 2 GW in 2026 to 5-10 GW in 2027. Johnsen said SpaceX has visibility into the power, facilities and permits needed for … Read more
Delhi Police held a top-level briefing to review security for the BRICS Summit. The Commissioner urged personnel to maintain professionalism and discipline, stressing the event’s national significance. A dedicated CCTV control room has also been set up. A high-level briefing was held at the Delhi Police Headquarters to review security preparedness and operational arrangements in … Read more
Despite international Brent crude prices surpassing $100 per barrel amid West Asian tensions, India’s retail fuel prices remain unchanged. Rates have been steady since a May revision, squeezing the marketing margins of oil companies. Petrol and diesel prices in India remained unchanged on September 11, even as international crude oil prices continued their sharp rally … Read more
Constellation Energy announced on Thursday that it would acquire 100% of the Rhode Island State Energy Center from Shell Energy North America for $715 million. The $715 million purchase price is equivalent to about $580 million net of expected first-year tax benefits. The 609-megawatt Rhode Island State Energy Center is a natural gas-fired combined-cycle plant … Read more
On Thursday, Robinhood reported selected August numbers, which were largely positive. Robinhood reported a strong increase in Funded Customers at the end of August, which came in at 28.6 million, up about 120 thousand from the end of July 2026, and 1.9 million from the year before. Total Platform Assets also grew 26% year-on-year to … Read more
PFRDA Chairman Sivasubramanian Ramann announced the formal launch of the NPS Swasthya pension product within 30 days. The product, which allows using retirement funds for healthcare, has shown encouraging results in its proof of concept. The Pension Fund Regulatory and Development Authority (PFRDA) is likely to formally launch its NPS Swasthya pension product within the … Read more
Tripura and Mizoram held a Home Secretary-level meeting in Agartala, agreeing to form separate teams to study inter-state boundary issues. These teams will collect documents and their findings will form the basis for future discussions. Tripura and Mizoram held a high-level Home Secretary-level meeting on Thursday to discuss various issues related to their inter-state boundary, … Read more