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Subscribe to enjoy similar stories. DeepSeek’s dramatic rise exposes the greatest risk facing Nvidia: that the intense demand for its advanced chips could wane. Nvidia’s success as the computational arms dealer for the artificial-intelligence boom has made it a target for a host of rivals seeking to diminish its dominance.

Maha Kumbh in Prayagraj, where a stampede was reported on Wednesday.

Coldplay recently concluded their performances in India, with their final concert taking place in Ahmedabad over the weekend. During the show, lead singer Chris Martin playfully claimed to be from Telangana, a remark that quickly caught the attention of actor Vijay Deverakonda.

Sensex and Nifty 50, opened higher for the second consecutive session on Wednesday, led by IT and financial stocks, ahead of the U.S. Federal Reserve's rate decision later in the day and the Union Budget this weekend. As of 9:18 am, the BSE Sensex was up by 295 points, or 0.39%, at 76,182, while the Nifty 50 gained 77 points, or 0.33%, trading at 23,034.

DeepSeek, an AI startup that has startled markets with its capacity to compete with industry leaders like OpenAI, kept a low profile as he built up a hedge fund and then refined its quantitative models to branch into artificial intelligence.

GMR Airports Ltd (GAL) reported a net profit of Rs 202.1 crore for the October-December quarter of FY25, reversing the Rs 486.4 crore loss recorded in the same period last year. This recovery was driven by growth in passenger traffic at major airports, including Delhi, Hyderabad, and Mopa in Goa, as well as improved operational performance. Revenue from operations increased by 19.2% to Rs 2,653.2 crore, compared to Rs 2,226.7 crore in Q3 FY24. The increase was primarily due to higher passenger traffic and tariff adjustments, with expenses rising slightly to Rs 1,661.5 crore from Rs 1,558.1 crore due to ongoing expansion projects.

«We maintain our sell on rise stance for the index and emphasize the importance of robust risk management, particularly in broader market segments like midcaps and small caps, while awaiting clearer signals,» said Ajit Mishra – SVP, Research, Religare Broking.

Mahakumbh Stampede Live Updates: A number of devotees are are feared dead and many others injured after a stampede broke out at Sangam in Uttar Pradesh's Prayagraj as thousands turned up for a holy dip in the Ganga river on the occasion of ‘Mauni Amavasya’ during the on going Mahakumbh in the wee hours of January 29.The official number of causalities could not be ascertained even as administration scrambled to control crowd that thronged the ghats and the Triveni Sangam on Mauni Amavasya, the day of 'second Shahi snan' at the Mahakumbh Mela.Administration said that ambulances have been rushed to the ghat and injured persons were taken to the central hospital inside the Mela ground for treatment. Several people injured in the stampede were brought dead to the hospital, unconfirmed the reports said.

Subscribe to enjoy similar stories. India needs sustained long-term growth to pull people out of poverty, create jobs for the young, and boost incomes to widen the consumption base. I have long considered India’s potential real GDP growth rate to be 6% to 6.5% (6.2% is the average since 1980).

Subscribe to enjoy similar stories. As the world order shifts from globalization towards protectionism, the Indian government too has shown persistent focus on Atmanirbhar Bharat, or self-reliant India, with initiatives like production-linked incentives (PLI) schemes to encourage local manufacturing. Electronics manufacturer Dixon Technologies Ltd was among the earliest to answer the government’s call to manufacturers to ‘make in India’.

dollar index strengthened after comments about trade tariffs from US President Donald Trump. Intervention by the Reserve Bank of India helped contain excess losses, traders said The dollar index strengthened to 107.87 on Tuesday, after it had fallen to 106.96 the previous day, hurt by the selloff in US technology stocks.

Tata Electronics, which is on an expansion drive — is snagging senior professionals from companies like Intel. The company has onboarded Intel's global construction vice-president Reda Masarwa as its senior VP — construction and facility.

digital payments landscape with global fintechs aspiring for the licence, new domestic firms entering the space, and green shoots of recovery in transaction volumes.

Subscribe to enjoy similar stories. The Reserve Bank of India (RBI) has announced a set of forex and money market measures that will collectively infuse ₹1.5 trillion over time, amid a clamour for liquidity from multiple bankers and money market participants. Mint explains the implications of the move.

Subscribe to enjoy similar stories. On 28 January, the market opened with a gap-up, with bulls dominating the session throughout the day. The Nifty closed up by 128 points at 22,957 (+0.56%), while the Bank Nifty closed 802 points higher at 48,855 (+1.67%).

Subscribe to enjoy similar stories. The Indian steel industry will be looking for two key announcements from finance minister Nirmala Sitharaman in the upcoming Union budget – continued investment in infrastructure and a safeguard duty on the import of the alloy. Steelmakers will also be looking for budgetary announcements around green steel, including incentives and enabling measures that nudge the industry towards higher sustainability.

Subscribe to enjoy similar stories. New Delhi: Private fuel retailers are cutting prices and eating into the market share of their public sector peers, passing on the benefit of cheaper Russian crude oil to their customers. While government-owned oil marketing companies (OMCs) that dominate fuel retailing in India have not touched prices since March 2024, Jio-BP and Nayara, which together control 97% of private fuel retail, have cut prices by as much as ₹5 in some regions.

Subscribe to enjoy similar stories. After two consecutive days in the red, Sensex and Nifty rebounded, with Nifty Bank surging nearly 2%. The optimism was driven by the Reserve Bank of India's liquidity-boosting measures, which kindled hopes of a potential rate cut in February.

It is interacting with potential underwriters for the share offering in London, where Hero Future's chairman, Rahul Munjal, has been spending considerable time to help expand the global footprint of the renewable energy generator, said the sources cited above.