Wafer-scale chip startup Cerebras filed for an IPO reflecting renewed investor appetite for pure-play AI infrastructure companies
Month: May 2026
India Consumption Expected to Rise Significantly With Budget Income Tax Relief Boosting Demand
Economists project a meaningful rise in consumer spending driven by income tax cuts announced in India’s latest union budget
GST 2.0 Momentum Expected to Partially Offset US Tariff Impact in Coming Quarters
JP Morgan analysts say India’s reformed GST framework will provide some cushion against the adverse effect of US tariffs
Congress Alleges Great Nicobar Project Will Cause Environmental Disaster
Congress general secretary Jairam Ramesh attacked the government over the controversial Great Nicobar development project
India Rupee Under Pressure Amid Iran Conflict and Rising Global Bond Yields
The Indian rupee continued its weak run facing twin headwinds of geopolitical tensions and higher US treasury yields
Hindalco Among Top Gainers Helping Indian Markets Recover from Intraday Lows
Metals giant Hindalco contributed significantly to the benchmark recovery alongside Reliance on May 20
Nifty Next 50 Outperforms Benchmark with 0.54 Percent Gain on Broad Market Buying
The broader Nifty Next 50 index beat frontline benchmarks as mid-cap and small-cap picks attracted institutional interest
Bond Market Yields Spike as Iran Conflict Inflation and Economic Toll Weigh on Investors
The usually quiet bond market is making noise with yields rising sharply amid multiple economic and geopolitical headwinds
Lime Electric Scooter Startup Files for IPO After Years of Delay
Lime the Uber-backed electric scooter rental company officially filed for an initial public offering in May 2026
OpenAI Hits 25 Billion in Annualized Revenue in 2026 With Enterprise Segment Growing Fast
OpenAI’s revenue has grown nearly tenfold since 2023 with enterprise clients now accounting for over 40 percent of income