news

As Anthropic prepares for what could be one of the biggest IPOs on record, investors are looking far ahead to decide how much the AI company could be worth. Anthropic is expected to generate $190 billion to $200 billion in revenue in 2028, sources close to the development told Re

PhonePe retained its dominance in the Unified Payments Interface (UPI) ecosystem in July with 10.86 billion transactions against 10.48 billion in June, according to data released by the National Payments Corporation of India (NPCI). The Walmart backed digital payments platform ac

Independence Day 2026: While the whole nation is celebrating the 80th Independence Day today, gold investors will have some extra reason to celebrate. The gold rate in India has delivered more than 1,73,500% returns to gold investors in the last 79 years, as the gold price post-i

Dear SaaStr: What’s Your #1 Opener in Sales? The best opener is sharing how a very similar company or a competitor uses your product — and the exact specific ROI that customer gets. Everyone wants to know the playbooks of similar companies and competitors. How often does your

Catastrophic optical disc shattering blamed on cleaning chemicals and packing foam — another data preservation concern to add to bit rot and laser rot Polycarbonate substrate degradation can occur due to some polyurethane foam padding off-gassing. Discussions about the thorny top

Investors closely track the portfolios of prominent players on Dalal Street. In line with this interest, ETMarkets examined the investment holdings of renowned investor Madhusudan Kela. According to the latest data for the June 2026 quarter, Kela publicly disclosed holdings in ab

CRED-backed NBFC NewTap Finance reported a net profit of ₹2.4 Cr in the financial year ended March 31, 2026 (FY26), more than doubling from ₹1 Cr in the previous fiscal year, as the lender sharply expanded its managed loan portfolio. NewTap’s total income, excluding interest expe

In the past 24 hours, Bitcoin and Ethereum were down 0.7% and 0.3% respectively. Among the major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Cardano fell upto 1.1%. The global crypto market capitalisation edged down 0.4% to $2.24 trillion, according to Coingecko. Riya Sehgal R

Sensex fell around 71 points to close at 78,009, while Nifty 50 lost 30 points to end the session at 24,366. Broader markets slipped into the deep red, with Nifty Smallcap 100 and Nifty Midcap 100 indices falling around 0.7% each. Analyst Sudeep Shah, Vice President and Head of T

Online travel aggregator EaseMyTrip (EMT) slipped into the red in the June quarter of the financial year 2026-27 (Q1 FY27), posting a consolidated net loss of ₹11.7 Cr compared to a net profit of ₹44 Lakh in the year-ago period. On a quarter-on-quarter (QoQ) basis, the company ma

AI - ai and ml Anthropic says text watermarking scheme relies on inconsequential words'Shall I compare thee to a summer's afternoon' is the sort of thing this will make, and others look likely to adopt it -

The IPO market is set for a busy week ahead, with Dhoot Transmission and Molbio Diagnostics scheduled to list on Monday, 17 August, while Behari Lal Engineering and Shiprocket are set for their IPO allotment on the same day. Meanwhile, the Milky Mist Dairy Food IPO allotment was

Buy or sell stocks: Stock market benchmarks, the Sensex and Nifty 50, closed lower on Friday, August 14, ending their two-week winning run. Investor sentiment remained subdued amid uncertainty over a potential US-Iran peace agreement, fluctuations in crude oil prices, rising bond

Among them, Horizon Industrial Parks alone accounts for nearly 47% of the total fundraising planned through the five IPOs. Lalithaa Jewellery Mart is the second-largest issue, while the remaining three offerings together account for around Rs 1,199.32 crore. The fundraising will

Over the last five trading sessions ending August 14, the Sensex benchmark declined by 490 points to 78,009. The index recorded losses in three of these five sessions. During this period, around 23 stocks in the BSE 500 index posted declines in each of the five sessions. From thi

Sachin Bajaj, Executive Vice President and Chief Investment Officer at Axis Max Life, believes the market is entering a more favourable phase as the earnings recovery gains traction and FY27 growth visibility improves. In an interaction with Kshitij Anand of ETMarkets, Bajaj iden

Lalithaa Jewellery Mart IPO opens for subscription on Monday, 17 August. Lalithaa Jewellery Mart operates in the southern Indian jewellery market, offering gold, silver and diamond jewellery under the Lalithaa brand, with products tailored to regional preferences. The company has

In the run up to its initial public offering (IPO), contract manufacturer Zetwerk’s operating revenue for the fiscal jumped 40.4% to ₹15,913.3 Cr from ₹11,331.9 Cr in FY25. Including other income of ₹187.3 Cr, total income for the fiscal stood at ₹16,100.6 Cr, up 40.1% YoY. Zetwe

Mutual funds increased their holdings in several leading Indian companies during the June quarter, with the top 10 seeing a significant rise in holding value. The increase came alongside gains in the share prices of all the companies during the quarter. Here’s the full list. Mutu

Addressing the nation on the occasion of the country's 80th Independence day, Prime Minister Narendra Modi reiterated the country's ongoing push to promote AI in the country. Addressing the nation from Red Fort, Modi said that the Central government has decided to enable people t

After a strong Q1FY27, the company is banking on its Saudi Arabia expansion, the upcoming Dammam coating and double-jointing facility, and the Jammu stainless-steel seamless pipe plant to drive the next phase of growth. In this edition of ETMarkets Management Talk, Nikhil Mansukh

For the week ahead, De expects the 24,000 level to remain critical for the Nifty, while 24,700 could emerge as the next upside target if the market stages a recovery. He remains positive on the auto and PSU bank sectors, while FMCG and energy could stay under pressure. Among indi

From its humble beginnings in the 1800s, when five stockbrokers gathered under the sprawling canopy of a banyan tree outside Mumbai’s Town Hall, the Indian stock market has evolved into one of the world's most dynamic financial ecosystems. What started as informal street trading

Are fans now more invested in star names than clubs? - Published The golden ticket came gift-wrapped in flamingo pink. Instantly iconic. Nailed on to adorn bedroom walls from Buenos Aires to Barcelona and be splashed across billboards the world over. Lionel Messi's arrival at Int

After 25 years in equity research, I have seen that financial freedom rarely comes from one big investment decision. It is built gradually, through small but important shifts in how we think about money. Over the years, I have observed three milestones that often mark this journe

India’s AI story has grown beyond building an Indian equivalent of ChatGPT. The current phase is about building the infrastructure, data and applications that can make AI work for India and give Indian companies an edge in markets beyond the country. The government is already doi

Independence Day 2026: Amid celebrations of the 80th Independence Day across the nation, Indian stock market investors might be wondering whether selling pressure on Dalal Street will continue when trading resumes on Monday. Despite little change in domestic or international trig

Retail sales dropped 0.6% last month after an unrevised 0.2% gain in June. Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, edging up 0.1%. "We are clearly having signs of poor consumption," said Juan Perez, direct

Spot gold was up 0.7% at $4,379.95 per ounce by 1:40 p.m. EDT (1740 GMT). Prices declined 1.3% in the previous session on profit-taking after touching their highest level since June 5. Bullion is up around 0.9% for the week so far. U.S. gold futures settled 0.4% higher at $4,437.

Brent futures settled at $88.52 a barrel, up $1.45, or 1.67%. U.S. West Texas Intermediate crude futures finished at $82.40, up $1.15, or 1.42%. Brent and WTI were on track for weekly gains of 6.0% and 5.4%, respectively. "We're getting a rally going into the weekend after new at

Nifty's performance over the last year has been disappointing. The index has delivered a negative return of 2% since last year to Independence Day 2026, due to geopolitical uncertainties, foreign capital outflow, and earnings growth-valuation mismatch. Index components ITC, HDFC

BUFFETT CLAIMED CREDIT Berkshire bought $23.5 billion and sold $3.7 billion of stocks in the second quarter, ending a 14-quarter stretch when it sold more stocks than it bought. Chief Executive Greg Abel has begun reducing the enormous cash pile that his predecessor Warren Buffet

In a note to employees on Friday, executives at Jane Street said July was a "bad month" for the firm, blaming the drawdown at Situational for contributing to its poor performance during the month. "We have an investment in Situational Awareness, an externally managed AI-focused h

The STOXX 600 ended 0.2% lower at 657.86 and logged a 0.3% drop on a weekly basis. Still, the euro zone benchmark was within 1% of a record high, having rallied about 3% in the previous four weeks, underpinned by better-than-expected second-quarter earnings. Aggregate STOXX 600 e

Anthropic is projecting 2028 revenue of roughly $190 billion to $200 billion, according to two people familiar with the company's financials, a figure that has not previously been reported. The projection dwarfs the $47 billion revenue "run rate," reflecting the firm's current pa

A Reuters analysis of quarterly 13F filings from 6,371 pension funds, hedge funds, wealth managers and other institutional investors reveals a narrow gap between the number of investors increasing their positions and those reducing them, but in many cases the gap swung slightly n

The regulator on Wednesday submitted the proposal to the White House for review, a posting on the Office of Management and Budget website showed. It proposes changes to the SEC's "pay-to-play" rule for investment advisers. The posting said the reform was aimed at reducing identif

Faltering talks to end the Iran war left oil and gas prices poised for sizeable weekly gains. The U.S. threatened to ramp up economic pressure on Iran, including extending a naval blockade. U.S. consumer sentiment deteriorated in early August amid the rising cost of living becaus

Europe's scorched landscapes seen from space after summer heatwaves - Published The impact of this summer's extreme temperatures on western Europe can now be seen from space after successive heatwaves since May. Satellite images examined by BBC Verify show shrunken glaciers, scor

The Indian equity barometer, Nifty 50, has delivered negative returns since the last Independence Day, largely due to US tariff-related concerns, heightened geopolitical risks, weak earnings, and heavy foreign capital outflows. The benchmark index Nifty 50 is down 2% over the las

This week, 14 Indian startups raised $151.5 million across two growth-stage deals, 11 early-stage deals and one undisclosed round. The week also saw five key hires, one departure, five fund launches, two M&A deals and an ESOP buyback that turned a startup into a unicorn. In contr

'Row professor found dead' and 'barbecue ban' - Published Jason Arday is pictured on many of the front pages, as they report his death at the age of 41. The Financial Times focuses on Andy Burnham warning that Britain is a "tinderbox" , externalafter the summer heatwaves. The Sun

Sensex was launched in January, 1986, soon after which India faced a massive balance of payment crisis that almost pushed the country on the edge of bankruptcy. The then Finance Minister Manmohan Singh warned that the foreign exchange reserves had fallen to such low levels that i

Set up by Ananya Birla, daughter of billionaire businessman Kumar Mangalam Birla, the company has proposed a fresh issue of shares to raise ₹1,500 crore and an offer for sale (OFS) of another ₹1,500 crore by existing investors, according to a draft prospectus filed with Sebi. Exi

The country's current account deficit (CAD) widened in the first quarter to $3.1 billion from $2.9 billion in the year-ago period while the capital account turned into a deficit of $5 billion from a $7.4 billion surplus, data published by the Reserve Bank of India (RBI) Friday sh