March 2, 2026
Headlines
US Stock

Global Tech Stocks Erase $1.8 Trillion in Days as US Stock Futures Rebound and AI Spending Fears Rattle Markets

Business News Desk03 mins mins

Global equity markets have witnessed a dramatic correction, with tech stocks losing $1.8 trillion in market value within days. Concerns over excessive spending on artificial intelligence (AI) infrastructure, coupled with fears of slowing demand, triggered a sharp sell-off. However, US stock futures showed signs of recovery, suggesting that investors may be reassessing the long-term outlook….

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Forex Reserves

India’s Forex Reserves Hit Fresh Record of $723.8 Billion After $14.4 Billion Weekly Surge

Business News Desk03 mins mins

India’s foreign exchange reserves have climbed to a new all-time high of $723.8 billion, following a sharp weekly surge of $14.4 billion, according to the Reserve Bank of India (RBI). This milestone underscores the resilience of India’s external sector and strengthens the country’s ability to withstand global financial volatility. Key Highlights Composition of Reserves Component…

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Hindustan Copper

Hindustan Copper Q3: Consolidated PAT and Income Up, Declares Interim Dividend of Re 1

Business News Desk04 mins mins

Hindustan Copper Limited (HCL) has announced its financial results for the third quarter (Q3) of FY26, reporting a significant rise in consolidated profit after tax (PAT) and total income. Alongside the strong performance, the company has declared an interim dividend of Re 1 per share, reinforcing its commitment to shareholder value. The results highlight HCL’s…

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IndianOil

IndianOil Reports Record Crude Throughput, Sales in First 9M of FY26

Business News Desk04 mins mins

India’s largest fuel retailer and refining company, IndianOil Corporation (IOC), has reported record crude throughput and sales volumes in the first nine months of the financial year 2025-26 (FY26). The performance underscores the company’s strong operational resilience, robust demand for petroleum products, and its ability to maintain leadership in India’s energy sector despite global volatility…

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Larry Ellison

Oracle’s Larry Ellison Has Lost Almost $50 Billion This Year in Less Than Forty Days

Business News Desk04 mins mins

The start of 2026 has been turbulent for global markets, and one of the most striking examples is the fortune of Larry Ellison, co-founder and chairman of Oracle Corporation. In less than forty days, Ellison’s net worth has reportedly dropped by nearly $50 billion, making it one of the steepest declines among global billionaires this…

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ABFRL

ABFRL’s Sales Grow, But Losses Deepen in Q3 Even as Stock Ends Higher

Business News Desk03 mins mins

Aditya Birla Fashion and Retail Limited (ABFRL) reported its financial results for the third quarter (Q3), showcasing a mixed performance. While the company recorded strong sales growth, its net losses deepened, raising concerns about profitability. Interestingly, despite the widening losses, ABFRL’s stock ended higher, reflecting investor confidence in its long-term strategy and market positioning. Revenue…

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RBI

RBI Keeps Repo Rate Unchanged at 5.25% in Policy Decision, EMIs to Remain Unchanged

Business News Desk04 mins mins

The Reserve Bank of India (RBI) has announced its latest monetary policy decision, keeping the repo rate unchanged at 5.25%. This move comes as part of the central bank’s cautious approach to balancing inflation control with economic growth. For millions of borrowers across India, this means Equated Monthly Installments (EMIs) will remain unchanged, offering relief…

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IndiGo

IndiGo Shares Fall 2.5% as CCI Orders Detailed Probe for Unfair Business Practices

Business News Desk03 mins mins

InterGlobe Aviation Ltd, the parent company of IndiGo Airlines, witnessed a decline of 2.5% in its share price after the Competition Commission of India (CCI) ordered a detailed investigation into alleged unfair business practices. The probe comes at a time when IndiGo, India’s largest airline by market share, has been expanding aggressively in both domestic…

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JSW Cement

JSW Cement Share Rallies Over 9% as Company Turns Profitable in Q3

Business News Desk03 mins mins

JSW Cement, one of India’s leading cement producers, witnessed a sharp rally in its stock price, surging over 9% in trading after the company reported profitability in the third quarter (Q3). This marks a significant turnaround for the company, which has been focusing on operational efficiency, cost management, and market expansion to strengthen its position…

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ElevenLabs

ElevenLabs Bags $500M at $11B Valuation; Eyes Global Expansion Including Bengaluru

Business News Desk04 mins mins

ElevenLabs, the fast-growing AI voice technology company, has secured $500 million in fresh funding, propelling its valuation to an impressive $11 billion. This milestone cements ElevenLabs’ position as one of the most valuable startups in the artificial intelligence sector. The company has announced ambitious plans for global expansion, with Bengaluru, India, identified as a key…

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