Category: Business

Business

More than half of Indian enterprises faced ransomware attacks: survey

November 3, 2025 admin

Representational image only. File More than half of Indian enterprises faced ransomware attacks in the past year, with more than 7 in 10 (71%) reporting a surge in AI-driven phishing or deepfake attempts, making India one of the most targeted and AI-exposed markets globally according to findings of a Global Ransomware Survey conducted by OpenText, which…

Business

Strong demand lifts manufacturing PMI to 59.2 in October, nearly a 17-year high

November 3, 2025 admin

Manufacturers cited demand strength, efficiency improvements, new clients and technology investments as factors driving higher production. Representational file image | Photo Credit: SHIV KUMAR PUSHPAKAR Manufacturing activity accelerated to 59.2 in October, nearly a 17-year high, driven by strong demand and the Goods and Services Tax rate reductions, according to a private sector survey. The…

Business

Stock markets decline in early trade

November 3, 2025 admin

Benchmark indices Sensex and Nifty both declined in early trade on Monday (November 3, 2025). Image for representational purposes only. | Photo Credit: PTI Benchmark indices Sensex and Nifty declined in early trade on Monday (November 3, 2025), amid profit-taking and foreign fund outflows. The 30-share BSE Sensex declined 261.39 points to 83,677.32 in early…

Business

Rupee falls 7 paise to 88.77 against U.S. dollar in early trade

November 3, 2025 admin

Representative image. | Photo Credit: Getty Images/iStockphoto The rupee fell 7 paise to 88.77 against the dollar in early trade on Monday (November 3, 2025), weighed down by higher crude oil prices and continuous outflow of foreign capital amid uncertainties over global trade. According to forex traders, negative sentiment in domestic equities also pressured the…

Business

Nexperia’s Dutch headquarters says it welcomes announcements lifting block on shipping chips

November 3, 2025 admin

Nexperia said its focus is now on ensuring the stability of supply to customers [File] | Photo Credit: REUTERS Nexperia BV, the Dutch chipmaker, said on Sunday it welcomed recent statements by the U.S. and Chinese governments removing barriers to the company shipping its chips, but it declined to comment on statements made by its…

Business

ED provisionally attaches ₹7,500 crore assets allegedly linked to Reliance Anil Ambani Group

November 3, 2025 admin

The Enforcement Directorate (ED) has attached assets worth about ₹7,500 crore allegedly linked to the Reliance Anil Ambani Group in connection with investigations under the Prevention of Money Laundering Act (PMLA), the agency said on Monday (November 3, 2025). The assets include more than 132 acres of land of the Dhirubhai Ambani Knowledge City in…

Business

AI song generator Udio offers brief window for downloads after Universal settlement upsets users

November 3, 2025 admin

Artificial intelligence song generation platform Udio said it would give its frustrated users 48 hours starting Monday to download their songs before the company shifts to a new business model to comply with a legal settlement. The short reprieve comes after Udio on Wednesday said it had settled copyright infringement claims brought by Universal Music,…

Business

Trump says Nvidia’s Blackwell AI chip not for ‘other people’

November 3, 2025 admin

Nvidia, the world’s most valuable company, dominates the market for AI chips [File] | Photo Credit: REUTERS Nvidia’s advanced Blackwell chip for artificial intelligence would not be available to “other people,” U.S. President Donald Trump said Sunday. Nvidia, the world’s most valuable company, dominates the market for AI chips. Questions have swirled about whether Trump…

Business

Gold, silver retreat before a likely rally

November 3, 2025 admin

Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto Precious metals continued their upward journey in the first half of October, with both gold and silver reaching fresh all-time highs. The prices cooled off subsequent to the U.S. Federal Reserve’s interest rate decision being announced. The firming up of the U.S. dollar too played…

Business

Let’s talk FIRE: should you really retire at 40 in India?

November 2, 2025 admin

While debates are galore about raising the bar of the retirement age to 60, 62, or even 65, a new breed of professionals dreams of quitting the rat race at 40 or in their early 40s. These chill professionals underpin an idea that gained traction in the United States – FIRE. Soon, the FIRE movement…

Business