OpenAI’s revenue has grown nearly tenfold since 2023 with enterprise clients now accounting for over 40 percent of income
Category: Business
Elon Musk xAI Acquires SpaceX to Launch Data Centers into Orbit Bypassing Earth Constraints
Musk’s plan to launch orbital data centres represents his most ambitious attempt to dominate the AI infrastructure market
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
India Gross Fixed Capital Formation Could Improve as Private Capex Expected From 2027 Onward
Analysts project a revival in private sector investment from 2027 as capacity utilization rises and income tax relief boosts demand
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
Nifty 50 Annual Return Target of 12 to 15 Percent Set for FY26 to FY27 Say Brokerages
Consensus forecasts indicate a meaningful rebound in Indian corporate earnings growth in the upcoming fiscal years
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
India Remains Fifth Largest Market Globally After Surpassing 1 Trillion in Gains Since March
Indian listed companies have added nearly one trillion dollars in market cap since early March 2025 driven by a broad rally
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
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