Bloomberg/reuters

Fairfax Financial buys IDBI for $5.6 billion in India's biggest bank deal

Fairfax joins a wave of foreign firms expanding in India, drawn by the burgeoning wealth class and the world's fastest-growing major economy

Family office to billionaire Narayana Murthy to double exposure in India

It is targeting annual returns of 16% to 18%, Deepak Padaki, president of Catamaran Ventures LLP said on the sidelines of Bloomberg's New Economy Forum

Open-source AI models carry more cybersecurity risks: Anthropic executive

Ahead of its expected public listing, Anthropic is facing increasing competition in countries that are growing more concerned about a reliance on American AI technology

AI demand for chipmaking tools may outpace supply in next 2 years: ASML

ASML said its current supply plans mean it won't be able to fully meet demand in 2027 and 2028

India found itself 'let down miserably' during Covid, says Piyush Goyal

Goyal said India was left without essential equipment during the pandemic, prompting the push for self-sufficiency

Houthis hit Saudi Aramco headquarters with missiles as conflict escalates

The strike on an office complex in Dhahran caused a limited fire and no injuries, according to Saudi Arabia's energy ministry

Jaishankar outlines key foreign policy objectives on US, China, Russia ties

From advancing trade ties with the US and Europe to managing the China border dispute and preserving Russia ties, Jaishankar outlined India's priorities on major global relationships

Orbital data centres risk military attacks as AI drives computing demand

Tech companies are pursuing orbital data centres to power AI, but experts warn that military attacks could create debris that renders crucial areas of space unusable

Alibaba unveils $450 Qwen AI glasses in expanding push into gadgets

Alibaba's new Qwen Glasses N1 series starts at $450 and features improved cameras, AI integration and eye-tracking capabilities as the company expands its consumer hardware portfolio

Apple needs new iPhones and smart-home push to revive pricey stock

The iPhone maker is holding a smart-home products event on Tuesday featuring an Apple doorbell and Apple thermostat

Piramal Pharma cuts exposure to Chinese raw materials to reduce supply risk

Piramal is among global drugmakers increasingly seeking to reduce their reliance on China for pharmaceutical ingredients and manufacturing, amid rising geopolitical tensions

AI job-loss fears are 'hogwash', says Infosys Chairman Nandan Nilekani

While tasks such as coding can increasingly be handled by artificial intelligence, other roles will emerge to manage the technology's deployment and its risks, Nilekani said

Visa gets approval to prepare for domestic payments business in China

The approval marks an 'important milestone' toward the company serving China's domestic payments market, Visa said in a statement

Govt's free trade push could lead to $140 billion GDP gain for India

The surge in US tariffs since President Donald Trump returned to the White House in January 2025 is redrawing global trade links

FSSAI plans tighter rules for qcom platforms amid food safety crackdown

Ecommerce is the next big focus area for the Food Safety and Standards Authority of India, its Chief Executive Officer Rajit Punhani said

Global economy nears limits of resilience as energy squeeze persists: IMF

Growth will accelerate to 3.4% in 2027, the fund said Tuesday in its World Economic Outlook

Meta says new Muse model reaches AI frontier after aggressive push

Known as Muse Wonder, the new model is the company's most capable since Meta CEO Mark Zuckerberg overhauled his AI operation through an aggressive hiring push that put new talent at the helm

Trump's diesel deal with Russia irks allies, unlikely to reduce prices

The decisions and the ceasefire are all a bet that lowering fuel prices will be the best way to win more votes next month despite the risk of a backlash from political friends and foes alike

Elon Musk's bigger test after airwaves is building costly network

SpaceX's spectrum acquisition could help it challenge major US carriers, but building a nationwide mobile network will require billions of dollars and more Starship launches

Wall Street bosses look past India's pain points to ramp up investment bets

Wall Street bosses are still looking at the economy's long-term prospects. Many are betting on a series of measures taken by the Modi administration to jumpstart a vast digital payments ecosystem