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7 mins read

SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how of it

Indian equity futures and options trading has become exceedingly risky, with 91% of individual trad…

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3 mins read

Why has Bernstein called India’s EV sector 'irrelevant'?

Even with hefty incentives, incumbent OEMs are still unprofitable, the report stated.

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6 mins read

Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers

If you're an aspiring homebuyer, now is not the time. And if you're already paying home loan EMIs, …

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2 mins read

External borrowings to meet capital needs putting pressure on bank's net interest margins, says a report by SBI Securities

The banks in the country are facing challenges due to a slowdown in deposit growth, according to a …

ANI   


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2 mins read

India's services sector activity slips to 10-month low in Sep as new orders, international sales decline

The seasonally adjusted HSBC India Services Business Activity Index fell from 60.9 in August to 57.…

PTI   


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18 mins read

Unprotected at the margins of the rental market

An affordable housing crisis has left millions living in motels, trailers, or doubled up. They are …

Cecilia Reyes   


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4 mins read

'Let chaos reign': AI inference costs are about to plummet

Inference is becoming the commodity of the AI age.

Emma Cosgrove   


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1 min read

Amazon stock jumps most in 9 months as cost cuts, cloud spark earnings beat

Amazon shares jumped as much as 7.6% on Friday, putting them on pace to close near all-time highs.

Filip De Mott   


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1 min read

Ford is stalling F-150 Lightning production and slashing manager bonuses as it races to cut costs

Ford is making two big cost cutting moves as it struggles to turn a profit on EVs.

Nora Naughton   


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3 mins read

Wall Street is bullish on Amazon earnings despite uncertainty around consumer spending, rising investment costs

Wall Street analysts are mostly bullish heading into Amazon's earnings report. AWS is a bright spot…

Filip De Mott   


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4 mins read

JetBlue founder and low-cost airline veteran explains how struggling airlines need to adapt to survive right now

Low-cost guru David Neeleman, who has founded five budget carriers since 1984, told BI some airline…

Taylor Rains   


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2 mins read

Vedanta Q1 profit surges 37% to ₹3,606 crore on improved margins

Income rose to Rs 36,698 crore over Rs 34,279 crore in the year-ago period, according to an exc…

PTI   


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1 min read

Exide Q1 PAT rises 16% to Rs 280 cr

The company had reported a profit after tax of Rs 242 crore in the April-June quarter of the preced…

PTI   


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4 mins read

Mark Robinson's scandal could cost Trump North Carolina's electoral votes — and the election

Former President Trump is depending on North Carolina to help him win in November. But Mark Robinso…

John L. Dorman   


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1 min read

SBI raises lending rates by 5 to 10 basis points; New loans to cost more

The State Bank of India (SBI) on Monday announced an increase in its Marginal Cost of Funds Based L…

ANI   


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2 mins read

Gaining market share in automation and cost optimisation deals: Infy CEO

After beating street expectations in the second quarter, IT Infosys sounded cautious and guided for…

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2 mins read

Credit and profitability of banks to moderate in FY25, says ICRA

The Indian banking sector’s rating has been revised to stable from positive by rating agency ICRA o…

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4 mins read

JD Vance's plan to lower childcare costs: have grandma and grandpa 'help a little bit more'

Trump's VP pick JD Vance said there should be more options for older family members to assist with …

Eliza Relman,Juliana Kaplan,A…   


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2 mins read

A Kroger exec reportedly testified that the supermarket giant raised prices of milk and eggs beyond inflation costs

Kroger's senior director for pricing was questioned in court about an internal email he sent regard…

Natalie Musumeci   


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2 mins read

Indian IT sector staring at 2nd straight year of muted revenue growth: Crisil

The overall industry size is pegged at USD 250 billion and it creates over 50 lakh direct jobs.…

PTI