Uber to Pay $8.5M in Driver Sex Assault Trial
A US jury has ordered Uber to pay $8.5 million in damages to a woman who was sexually assaulted by a driver, marking a significant legal precedent for ride-hailing safety accountability.
Category : Business
Ellison Loses $50B as Oracle Stock Falls on AI Fears
Oracle cofounder Larry Ellison's fortune dropped by $50 billion in under 40 days, hitting $199 billion. The decline follows a 5% stock slump triggered by Anthropic's AI tools threatening software demand.
Silver Falls 6% on MCX: Dollar, Tech Rout Drive Decline
Silver rates dropped 6% on MCX to ₹2,29,187 per kg, marking a second consecutive session of losses due to a stronger US dollar and global tech stock selloff. Weekly decline nears 16%.
Stock Market Cautious Ahead of RBI Policy; Expert Outlook
Indian stock markets are expected to open flat to negative as investors await the RBI Monetary Policy announcement. Expert Vaishali Parekh provides Nifty and Bank Nifty support and resistance levels, along with three stock recommendations for intraday tra
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Gold Rate Crashes on MCX; RBI MPC Outcome in Focus
Gold prices on the Multi Commodity Exchange (MCX) witnessed a sharp decline as investors engaged in profit booking. Market attention is now firmly fixed on the upcoming Reserve Bank of India Monetary Policy Committee (RBI MPC) meeting outcome.
Anant Raj Stock: Sharp Fall vs. Long-Term Growth Potential
Anant Raj shares have dropped significantly from 52-week highs, but strong fundamentals in real estate and data centers offer a promising three-year outlook. Analysis of financials, expansion plans, and risks.
Bitcoin Tumbles 20% in 2026, Erases Trump-Election Gains
Bitcoin has crashed over 20% since January 2026, falling below $70,000 and erasing all gains since Donald Trump's election. The crypto market has lost $2 trillion since October's peak, with major firms like MicroStrategy's Strategy unit seeing shares plun
February Dividend Stocks: NHPC, RITES, Cummins India, Dalmia Bharat, RVNL
Investors eye dividend-paying stocks as NHPC, RITES, Cummins India, Dalmia Bharat, RVNL, BEML, PowerGrid, NMDC, MRF, PFC, and Honda announce ex-dates in February. This list provides key details for income-focused portfolios.
Mexico's Banxico Pauses Rate Cuts, Holds at 7%
Mexico's central bank, Banxico, ended a 12-cut streak, leaving its benchmark rate at 7.0% due to rising inflation risks from trade tensions and weak economic growth.
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Haryana Plans to Lift Industrial Building Height Cap
Haryana's industry minister proposes removing the 15-meter height cap on industrial buildings to allow vertical expansion, addressing land price challenges in Gurgaon and Faridabad.
Maharashtra Cab, Auto Strike on Feb 7 Over Policy Issues
Cab and autorickshaw drivers under Ola, Uber, and Rapido in Pune and across Maharashtra will strike on February 7, protesting the bike taxi ban and delayed aggregator policy implementation, causing commuter inconvenience.
Short-Term Stock Picks: IOC, Indus Towers, REC Recommended
Religare Broking's Ajit Mishra advises a selective buy-on-dips strategy for Nifty above 25,400, highlighting IOC, Indus Towers, and REC as short-term buys amid profit booking and mixed global cues.
Sensex, Nifty Set for Weak Start as RBI Policy Decision Looms
Indian benchmark indices Sensex and Nifty 50 are expected to open lower on Friday, influenced by global market downturns and US tech stock selling. Key earnings from Tata Steel, Bharti Airtel, and others will be in focus alongside RBI's monetary policy an
Q3 Results Today: Tata Steel, Kalyan Jewellers Among 200 Companies Reporting
Over 200 companies, including Tata Steel and Kalyan Jewellers, will release Q3 FY26 results today, February 6. Market experts predict earnings will drive stock movements after Thursday's sharp decline.
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Bengaluru Suburban Rail: Cantonment-Whitefield Link Explained
The 35.52-km Corridor 3, known as the Parijatha Line, is set to connect Kengeri and Whitefield via KSR Bengaluru and Cantonment, enhancing Bengaluru's suburban rail network.
Walmart Hikes Pharmacy Pay to $42/Hour for 3,000 Employees
Walmart elevates 3,000 pharmacy technicians to team lead roles, raising hourly pay from $22 to $28, with potential earnings up to $42. The move aims to strengthen local healthcare teams across 4,600 stores.
Indian Community Tops UK's Economically Successful Migrant Groups
A new report reveals the Indian community is the UK's most economically successful migrant group, significantly shaping the nation's economy through high employment and entrepreneurship.
Real Estate Boom Shifts to Non-Metro Cities in India
India's real estate market is expanding beyond metros like Mumbai and Delhi, driven by infrastructure, affordability, and policy support in Tier-2 and Tier-3 cities such as Nagpur and Lucknow.
RBI MPC 2026: Repo Rate Likely Unchanged, Focus on Inflation
The RBI's Monetary Policy Committee is set to announce its decision, with expectations for the repo rate to remain at 5.25%. Key factors include inflation trends, GDP growth, and global economic risks.
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Pune International Business Summit 2026 to Boost Global MSME Trade
The Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA) is organizing the seventh Pune International Business Summit (PIBS) 2026 on February 9-10, featuring over 32 countries, 60 international delegates, and 50 speakers. The event includes a
AI Market Turmoil: Protect Your Portfolio as Tech Stumbles
The AI-driven tech sell-off is rattling markets, but resilient sectors like energy and materials offer safety. Experts advise diversifying into banks, semiconductors, and small-caps to avoid the volatility.
SBI Q3 Preview: Profit Up 5%, Loan Growth Strong
State Bank of India is projected to report a 5% year-on-year increase in net profit to ₹17,810 crore for Q3FY26, with analysts anticipating robust loan growth and stable margins.
Noida Authority Opens Applications for Plot Schemes
The Noida Authority has launched plot schemes for corporate, commercial, hotel, group housing, and religious categories. Applications are open until February 26, with allotment primarily via e-auction.
Indian Stock Market Lower Opening Expected on Friday
Indian stock market indices Nifty 50 and Sensex are poised for a negative start on Friday, influenced by weak global cues and anticipation of the RBI monetary policy announcement. Gift Nifty trading at a discount signals bearish sentiment ahead of key cor
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Gold, Silver Rates Fall Sharply Amid US-Iran Negotiations
COMEX gold and silver rates dropped sharply on Friday, breaking key supports due to easing US-Iran tensions and a stronger US Dollar. MCX prices also saw significant declines from recent record highs.
Amazon Closes Fresh Stores, Thousands of Jobs Lost
Amazon announces closure of its Amazon Fresh supermarket chain, affecting thousands of employees. The company offers severance packages and internal transfer options to affected workers.
Surat Hosts Energy Power Expo 2026 with Green Energy Focus
The Southern Gujarat Chamber of Commerce and Industry inaugurates the three-day Energy Power Electrical Expo 2026 in Surat, featuring 60 exhibitors and focusing on green energy, smart infrastructure, and Atmanirbhar Bharat vision.
TII to Invest Rs 500-750 Cr More in EV Subsidiary TI Clean Mobility
Murugappa Group's Tube Investments of India plans additional Rs 500-750 crore investment in TI Clean Mobility to scale EV operations, target break-even despite current losses. Focus on cost competitiveness, distribution expansion, and product development.
Trump's Fed Nominee Lawsuit Threat Sparks Concerns
Treasury Secretary Scott Bessent says suing Fed nominee Kevin Warsh over rates is 'up to the president,' raising alarms about central bank independence amid DOJ probe into Chair Jerome Powell.
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Gold, Silver Prices Plunge on US-Iran Talks, Strong Dollar
COMEX gold and silver rates tumbled sharply as easing US-Iran tensions fueled US Dollar strength, eroding safe-haven demand. Gold broke below $4,750 support, silver fell over 10%.
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