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Listen to this article in summarized format Berkshire said Buffett will become chairman emeritus, effective immediately. He will remain on the board and continue advising the company, bringing his judgment and perspective to the business. As part of Berkshire’s long-standing succ

Power Grid Corporation of India has approved a plan to raise up to ₹5,000 crore through the private placement of bonds, giving the power transmission company another fundraising route. The decision was taken by the company’s Committee of Directors for Bonds at a meeting held on S

US chip fabs face massive 157,000 worker shortfall, mere 3% of US engineering grads enter chipmaking — despite six-figure salaries, US chip manufacturers are in dire need of engineers and technicians The rush to build semiconductor plants in the U.S. is fueling the demand for eng

L’Oréal has selected 13 companies from eight countries for the second cohort of its sustainability focused innovation programme, L’AcceleratOR. The cohort includes two startups from India. Backed by a €100 million (around Rs 1,000 crore) fund, the programme identifies, pilots and

The News An energy price spike in Nigeria is renewing fears of an inflation rise and concerns that Africa’s top oil producer remains vulnerable to global shocks despite growing domestic refining capacity led by a giant facility owned by the continent’s richest man Aliko Dangote.

IPO GMP comparison: India’s primary market is buzzing with multiple initial public offerings (IPOs) including the National Stock Exchange, Hero Motors, SS Retail, and Jindal Supreme. Among these issues, Hero Motors IPO saw significant decline in its grey market premium (IPO GMP)

Expert view: Niharika Tripathi, the head of products and research at Wealthy.in, believes a sustained rise in real yields would justify some compression in valuation for companies whose cash flows lie far in the future. In an interview with Mint, Tripathi said Indian equities may

The US approved new investments in Africa aimed at challenging China’s preeminence on the continent. Washington’s bets include $414 million in financing for a uranium project in Niger — a country that expelled all US forces two years ago — and hundreds of millions for digital inf

German Chancellor Friedrich Merz faced growing pressure on his leadership ahead of state elections in which polls suggest his governing party will fare badly. In one region, his CDU party is barely above the threshold required to enter the state assembly, and it faces the prospec

Shipowners have this year commissioned more than twice the number of tankers than in all of 2025 as they look to keep up with soaring demand sparked by the Middle East conflict. The $20 billion buying spree, the biggest in at least a quarter century, comes as global conflicts red

Money markets were pricing the ECB's deposit rate at around 2.86% by December, compared with the current 2.50%, implying almost a 50% probability of a second rate hike before the end of the year. By November 2027, the expected rate had eased to 3.39% from 3.55% on Monday. Read mo

Researchers used Anthropic’s Claude technology to break into OpenAI’s ChatGPT systems, underlining the immediate dangers of AI even as regulators fret over its long-term risks. The effort, part of a bug-hunting program, was the latest in a series of cybersecurity breaches aided i

Discord reigned in the intensifying debate over AI safety regulation, with tech bosses taking opposing stances and government leaders sharing little common ground. Nvidia CEO Jensen Huang argued at an event in Scotland that AI should not be regulated like social media, Palantir’s

Welcome to Edition 9.11 of the Rocket Report! The most interesting story of the week, in our view, is a deep dive by Stephen Clark, linked below, into the dwindling fortunes of United Launch Alliance. As recently as a decade ago, the launch company, co-owned by Boeing and Lockhee

ASML snubs Elon Musk-backed particle accelerator chipmaking tech — firm doubles down on 1,000W laser-produced plasma systems for chipmaking tools While SpaceX and Tesla may lose rights to use Terafab brand. One of the key challenges with the development of extreme ultraviolet (EU

On the morning of June 9th, Laura Lin was working from her home in Lanesville, a rural southern Indiana town about 15 miles from the Kentucky border. She was on a Zoom call, unaware that the heavy rain outside was beginning to flood her yard. Flash floods can strike without warni

Identity and access management startup OTPless has elevated cofounders Satyam Nathani and Tanmay Sagar as CEO and COO, respectively, as incumbent CEO Bhavik Koladiya steps away. Koladiya told Inc42 that he plans to retire but did not comment further on his future plans. Under the

Save $300 on this 4K gaming PC with a 9800X3D and RTX 5070 Ti, now $2,599 — powerhouse ABS Stratos II rig ships with 32GB DDR5 and a 2TB SSD A seriously powerful 4K gaming machine with a discount There's a powerful gaming rig from Newegg with the power you'd need for 4K gaming wi

Proprietary traders’ share of equity options trading on the National Stock Exchange (NSE) fell to the lowest in 22 months in August, underscoring the impact of central bank's tighter bank funding norms and the closing auction session (CAS) introduced in the cash market. Their com

Gold prices continued their bullish trend for the third consecutive day on Friday, September 18, as a recent decline in crude oil prices supported the bullion rally, while limited gains in the US dollar and a drop in global bond yields also aided sentiment. MCX gold for October d

Tata Sons Listing: After the board of directors gave the nod to go public on Thursday, some Tata Group stocks have become highly volatile. Highly volatile Tata Group stocks include Tata Chemicals, Tata Steel, Tata Motors PV, and Tata Power. After rising over 6% on Thursday, the T

Broader markets outperformed the benchmarks as the the Nifty Midcap 100 and Nifty Smallcap 100 indices closing higher by over 1% each. On the sectoral front, Nifty Realty and Nifty Metal gained more than 1% each, while Nifty IT fell over 1%. The India VIX fell nearly 7% to 11.39,

A newly-listed stock has more than doubled investors' money in less than two months, and according to brokerage firm HDFC Securities, it can still rise further by more than 30% from the current levels. The stock- Indo-MIM - debuted on the Indian bourses on 30 July this year. On 1

AI - Microsoft agentically ports Copilot runtime to Rust for $120KThe Rust compiler remains unperturbed by the antics of the LLM - Virginia governor wakes up to fact datace

Huawei details AI accelerator roadmap, pulls in next-generation Ascend NPUs by several quarters — FP4 performance of the Ascend 960PR doubles expectations Huawei accelerates AI roadmap. Huawei has updated its AI hardware roadmap by adding new accelerators and supporting processor

Hacker turns 25 cents into 46 billion fake Bitcoins to steal $770,000 — Symbiosis DeFi exchange bit by lack of basic bounds checking in smart contract I, too, would love for my bank to charge me negative fees. Symbiosis is one of the many useful DeFi networks that let users trade

SIFs are designed for investors who want access to differentiated strategies but may not necessarily want to enter the relatively complex world of AIFs. With a higher minimum investment threshold than conventional mutual funds, SIFs are positioned towards investors with greater i

Adani Total Gas emerged as the top gainer in the pack, rising more than 12%. Adani Energy Solutions, Adani Ports & SEZ, Adani Green Energy, Adani Power and Adani Enterprises also gained in the range of 1-3%. The move came as Jefferies retained a positive view on several Adani gro

The rupee ended at 95.8750 per dollar, up modestly on the day but logged a 0.3% week-on-week fall. The US Federal Reserve and the Bank of Japan raised interest rates this week, joining other central banks in hiking rates as the Iran war fans inflationary risks. Higher benchmark b

Listen to this article in summarized format Sensex and Nifty both traded in the green before the CAS began at 3.20 pm. The indicative prices of both the benchmark indices sharply tumbled, with Sensex plunging nearly 1,000 points within a few seconds, before making a sharp recover

On Friday, the benchmark Sensex closed 20 points lower at 74,294. Despite the slight weakness in the broader market, six stocks from the BSE Commodities Index touched fresh 52-week highs, marking their highest price levels in the past year. A 52-week high refers to the highest pr

— Fred C. Kelly Market Distress Can Test Investor Discipline Market downturns often test investors not just financially but psychologically. When stock prices fall sharply, the instinct to protect capital can lead investors to make decisions that may not necessarily serve their l

Foreign investors recorded net sales of $457 million across bonds in South Korea, Malaysia, India, Indonesia and Thailand, according to data from regulators and bond market associations cited by Reuters. The outflows marked the first monthly net selling since March. Read more: Gl

Adani Energy, Coal India, Tata Power, NTPC or Power Grid: Upcoming commissioning and capitalisation through power transmission infrastructure projects are likely to boost the prospects of companies in the power generation, transmission and infrastructure sector.PL Capital sees up

Man arrested for selling $50 3D-printed machine gun conversion kits to undercover cops — ‘Glock switches’ turn pistols into fully-automatic weapons This tiny little part is considered a machine gun, and possessing it carries a penalty of up to 10 years in prison. Bureau of Alcoho

AI has the potential to revolutionize economies by opening up new avenues for innovation, production, education, and problem solving. It also has the potential to increase current disparities and inequalities, and exacerbate environmental issues if it is not addressed critically.

Asiana Fund, the investment platform of the Dani Family Office, and Taiwan-based VC firm JC Capital have launched the ₹1,000 Cr Asiana-JCC Advanced Manufacturing & Innovation Fund. The fund comprises a primary corpus of ₹600 Cr and a greenshoe option of ₹400 Cr. Sponsors from Asi

Anthropic and OpenAI are hunting for smaller AI data center deals, sources told CNBC, as the race to access the infrastructure needed to deploy workloads ramps up. The two AI labs have both inked huge deals for AI data centers in the past year for facilities of multi-hundred-mega

How Huawei plans to bypass US chip curbs with its new UnifiedBus technology The Chinese tech giant is leveraging its UnifiedBus technology to link hundreds or thousands of chips into single computing unit Huawei Technologies on Thursday unveiled a new computing architecture that

Arm Holdings CEO Rene Haas told CNBC's Jim Cramer on Wednesday he is increasingly confident the company can meet Wall Street's loftier revenue expectations for its new data center chip, dubbed the AGI CPU. "We're feeling good about it. We're feeling really good about it," Haas sa