Tesla CEO Elon Musk celebrated shareholder approval of his record-breaking $1 trillion compensation package with a flurry of ambitious promises, from humanoid robots performing surgery to building vehicles for missions to the Moon and Mars.The vote, which saw over 75% of investors back the deal, clears the path for Musk to expand his stake in…
NEW DELHI: Zerodha co-founder Nikhil Kamath has questioned the value of traditional higher education, especially MBA programs, saying that, “colleges are dead.”Speaking during Zerodha’s 15th anniversary discussion, co-founder Nithin Kamath said that formal education is being rapidly outpaced by open and digital learning platforms.“Colleges are dead. If you’re 25 and still going to an MBA…
US stocks slipped in morning trade on Friday, with major indexes on track for their first weekly loss in four weeks as technology shares continued to weigh on sentiment.The S&P 500 dropped 0.7%, the Dow Jones Industrial Average fell 143 points (0.3%), and the Nasdaq Composite slid 1.2% as of 9:51 am ET.Big tech stocks…
The Trump administration has recently hiked the application fee for the much sought after H-1B visa to a mind numbing $100,000! Indian students in the US who were looking at bagging lucrative jobs are facing a big shock – Donald Trump’s H-1B visa fee hike has left them in a lurch as companies automatically reject…
US stock futures edged lower on Friday, setting the stage for a rough weekly finish as worries about economic slowdown and stretched valuations in the technology sector dampened investor sentiment.The three major indexes — the Dow Jones Industrial Average, S&P 500, and Nasdaq, are all on track for steep weekly declines. The Nasdaq, which tumbled…
FSN E-Commerce, the parent company of fashion and beauty retailer Nykaa, on Friday reported a multifold rise in consolidated net profit to Rs 34.4 crore for the September quarter, up from Rs 10.04 crore in the same period last year.Revenue from operations rose 25.1% year-on-year to Rs 2,345.98 crore, compared to Rs 1,874.74 crore a…
India is emerging as a potential key player in the global rare-earth supply chain, as the recent Donald Trump–Xi Jinping summit has given the world a one-year reprieve from China’s export controls, opening a strategic window for New Delhi to expand its refining and manufacturing capabilities, according to an analysis.“With strong political will and a…
In a shift from his long maintained approach over US tariffs, US President Donald Trump on Thursday acknowledged that consumers are actually paying higher prices for goods. This marks a switch in his stance, as he has long maintained that US citizens have benefited from the tariffs overall. During a discussion with journalists in the…
NEW DELHI: Chief economic advisor V Anantha Nageswaran on Friday expressed confidence that India’s economic growth for FY26 will exceed 6.8%, supported by stronger consumption driven by GST rate cuts and income tax relief.Speaking at CNBC-TV18’s Global Leadership Summit 2025, Nageswaran said, “I am comfortable looking at a number north of 6.8 per cent now….
US Government shutdown affects air travellers. John Denver once sang, “I’m leaving on a jet plane.” In 2025, it’s more like, “I’m staying home because the FAA said no planes.” As the longest government shutdown in US history stretches into its second month, the Federal Aviation Administration (FAA) has ordered airlines to cut 10% of…
