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Citi accidentally credits client account with $81 trn instead of $ 280

The transfer was missed by two employees and detected by a third employee 90 minutes after it was posted

US can be 'fabulous economy' with tariffs: Trump' s chief WH economist

Miran offered some historical backup for Trump's attraction to the high-tariff policies of William McKinley, who was president at the turn of the last century, and some of his predecessors

Investors want new Sebi chief Tuhin Kanta Pandey to keep things simple

A career bureaucrat, Pandey is currently India's Finance Secretary, he oversees the revenue department

India's economic recovery likely clouded by global trade risks ahead

The Indian government has already lowered its GDP growth estimate for the current fiscal year through March to 6.4 per cent

Trump unveils more tariffs on China, raising risk of further retaliation

The tariffs will also likely raise prices of US imports, as companies in China will try to pass on the increased costs to US customers

AI chipmaker Nvidia gives 'underwhelming' report after 2 years of blowouts

The company also warned that gross profit margins would be tighter than anticipated as it rushes to roll out a new chip design called Blackwell

Amazon's cloud unit builds first quantum computing chip called 'Ocelot'

Amazon Web Services' new Ocelot chip, developed by a team working at the California Institute of Technology, comprises two tiny squares of silicon stacked on top of each other

'Gold cards' can help firms hire Ivy League, other US univ grads: Trump

The president, who unveiled the proposed programme on Tuesday alongside Commerce Secretary Howard Lutnick, predicted that it would be well received by businesses

'India, EU to discuss preventing banned goods from going to Russia'

Kimmo Lähdevirta, Finland's ambassador to New Delhi, said Indian cos should not circumvent sanctions on providing Russia with items such as electronics that have commercial and military applications

Govt considers tariff cuts on cars, chemicals as Trump duties loom

Officials in New Delhi are discussing reducing duties for automobiles, some agricultural products, chemicals, critical pharmaceuticals, as well as certain medical devices and electronics

Nissan prepares to replace CEO Uchida after Honda deal falls apart

Nissan directors are gauging interest in potential candidates to succeed Makoto Uchida, the 22-year company veteran who's been CEO since late 2019

Alphabet's Google cuts less than 100 employees in its cloud division

The retrenchment comes in the wake of slower growth from Google's cloud business, as well as massive spending aimed at supporting the tech giant's ambitions in AI

Judge extends order halting Trump from firing whistleblower agency head

US District Judge Amy Berman Jackson on Wednesday extended a temporary restraining order to block the firing of Hampton Dellinger, who leads the Office of Special Counsel

President Trump's team weighs pulling funds for Moderna bird flu vaccine

The bird flu shot contract was awarded to Moderna in the Biden administration's final days, sending the company's stock up 13 per cent in the two days following the Jan 17 announcement

Battle for scraps of China's collapsed developer Evergrande intensifies

Oaktree Capital Management LP, run by billionaire Howard Marks, is maneuvering for advantage by seeking claim to Evergrande assets outside the Hong Kong liquidation process

Trump's tariffs on China risk hurting US economy more than data suggests

There is little doubt that a harsher treatment of Chinese products under the first Trump administration, much of which was continued by the Biden White House, reduced China's share of US imports

US federal workers who ignore Musk risk their jobs, President Trump warns

The president suggested some agencies could see dramatic job reductions, saying Environmental Protection Agency Administrator Lee Zeldin was considering eliminating 65 per cent of his staff

Glance deepens pact with Google to add GenAI content in new apps

Glance will work with Google Cloud and use its tech such as Gemini AI and Imagen, a text-to-image model, to create content for customers who use its smartphone and TV screensavers

Adani Group to invest $18 billion in various projects across Assam, MP

Asia's second-richest person, on Tuesday, pledged spending Rs 50,000 crore in the northeastern state of Assam in areas including airports, city gas, transmission, cement and roads

YouTube top platform for podcasts with over 1 bn viewers a month, says exec

YouTube first identified podcasts as a popular content format during the pandemic. Before then the medium wasn't something YouTube had specifically supported