Sarvam AI has announced the launch of its new vertical, ‘Chanakya’, designed specifically to address secure, mission-critical artificial intelligence applications. This strategic move highlights the company’s vision of building AI systems that can be trusted in sensitive environments such as defense, finance, healthcare, and government operations. Background of Sarvam AI’s Vision Sarvam AI has consistently…
Legendary investor Warren Buffett has once again shared timeless wisdom on the pitfalls that investors often encounter when chasing wealth. Speaking about the psychology of investing, Buffett cautioned against the “terrible mistake to think” that quick riches can be achieved through speculation or shortcuts. His insights serve as a reminder that patience, discipline, and rational…
Reliance Power shares fell sharply on March 27, 2026, closing nearly 6% lower at ₹21.35. The decline marks one of the steepest single-day drops in recent weeks, with analysts warning that the stock could face further downside amid weak fundamentals, high volatility, and sustained selling pressure. Reliance Power Share Price Performance Key Reasons for the…
The Indian rupee has plunged to a record low of ₹94.83 against the US dollar, marking its worst fiscal year decline in more than a decade. The currency has depreciated by nearly 11% in FY26, driven by surging crude oil prices, foreign fund outflows, and escalating Middle East tensions. Key Highlights Pivot Analysis: Stakeholder Narratives…
India has imposed an export tax on petrol and diesel to prioritize domestic supply amid surging global crude oil prices. The move, announced on March 27, 2026, comes alongside excise duty cuts for domestic consumers, ensuring affordability at home while discouraging excessive overseas shipments. Refineries exporting fuel will now face new levies, reviewed fortnightly by…
Emiac Technologies’ ₹31.75 crore SME IPO opened on March 27, 2026, with a price band of ₹93–₹98 per share. The issue saw tepid subscription interest on Day 1, while the grey market premium (GMP) reflected muted demand. The company had already raised ₹8.7 crore from anchor investors before launch. 10 Key Points About Emiac Technologies…
Stable Money, a fast-growing fintech platform focused on fixed-income investments, has announced plans to raise $15 million from its existing investors. This fresh round of funding underscores investor confidence in the company’s business model, growth trajectory, and ability to capture India’s expanding wealth management market. Background of Stable Money Founded with the mission to simplify…
Global oil markets witnessed a notable correction as both crude and Brent benchmarks fell by more than 1% in the latest trading session. The decline reflects a combination of easing demand concerns, geopolitical developments, and profit-booking by investors after recent rallies. Analysts suggest that while short-term volatility may persist, the fundamentals of energy demand remain…
Former Bank of England chief economist Andy Haldane has cautioned policymakers against further interest rate hikes, warning that the UK economy is already under significant strain. Haldane, who now serves as chief executive of the Royal Society of Arts, argued that raising rates could worsen the challenges faced by households and businesses, particularly amid global…
The Nifty Metal index has witnessed a sharp decline of more than 8% over the past month, weighed down by escalating geopolitical tensions between the United States and Iran. Concerns over global demand, supply chain disruptions, and rising energy costs have triggered volatility across the metals sector. Despite the correction, analysts remain optimistic about the…
