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Gold hits 2-week low as trade optimism, China holiday weigh on prices

Federal Reserve policymakers indicated interest rates would remain unchanged until there were clear signs of lowering inflation to the 2% goal or potential job market deterioration

Microsoft forecasts strong growth for Azure cloud business, shares surge 8%

Microsoft said revenue at its Azure cloud division rose 33 per cent in the third quarter ended March 31, exceeding estimates of 29.7 per cent

Tesla chair denies report that EV maker seeks new CEO to replace Musk

Musk said on X the report was a 'deliberately false article'. Activist investors have long accused Tesla's board of lacking independence and failing to rein in Musk

Trump admin sues Hawaii, Michigan to block planned climate change lawsuits

Neither state has sued yet. Hawaii Governor Josh Green told a local TV station that his state plans to sue fossil fuel companies as soon as Thursday

SaaS major Zoho suspends its $700 million chip manufacturing plan

Zoho struggled to find the right technology partner required to advise on the complex chipmaking processes, one of the sources said

JSW Steel likely facing hurdles in coking coal imports from Mongolia

The company had aimed to import 2,500 metric tons from Mongolia, while the Steel Authority of India was looking to bring in 75,000 metric tons

Google hopes to reach Gemini AI deal with Apple this year: Sundar Pichai

During an antitrust trial in the US, Pichai said that while Google does not yet have an agreement with Apple, he spoke with Apple CEO Tim Cook about the possibility last year

Meta beats Q1 revenue estimates on ad strength, meets Q2 forecast

The Facebook and Instagram parent also increased planned capital expenditures this year as it speeds up construction of data centers that can support artificial intelligence

ITER nuclear fusion project crosses milestone with world's strongest magnet

ITER said late on Wednesday that the final component of the system the central solenoid had been completed and tested by the United State

S&P 500, Dow reverse to end higher despite GDP decline, crude prices sink

All three major US stock indexes recovered from a sharp selloff earlier in the day, with the S&P 500 and the Dow flipping positive just minutes ahead of the closing bell

Adani group's settlement pleas delayed by Sebi's review of processes

The review could take three months after which the Adani pleas will be taken up under new processes, said the second source, with direct knowledge of the matter

US economy shrinks 0.3% in Q1 as tariff-driven imports hit GDP growth

Gross domestic product decreased at a 0.3% annualized rate last quarter, the Commerce Department's Bureau of Economic Analysis said in its advance estimate of first-quarter GDP on Wednesday

Indian Oil inks five-year deal with Trafigura to import US-linked LNG

Supplies under the deal would begin from the second half of this year, he said, adding that the price of the LNG is linked to the US Henry Hub benchmark

Ather's $352 million IPO subscribed fully on final day of bidding

Analysts are viewing Ather Energy's share sale as a litmus test for India's IPO market, where momentum has slowed down amid a broader market decline

Coromandel International Q4 results: Net profit rises 73% to Rs 384 crore

The fertiliser maker's consolidated pre-tax profit rose to Rs 384 crore ($45.38 million) in the quarter ended March 31, from Rs 222 crore a year earlier

Exide Industries Q4 results: PAT falls 10% to Rs 255 cr on higher costs

The company's standalone profit after tax fell 10.3% year-on-year to Rs 255 crore ($30.1 million) for the three months ended March 31

Japan's Rakuten to invest $100 mn in India, increase hiring: India unit CEO

Rakuten currently employs 4,000 people in India - 90 per cent of whom are tech staff - and plans to recruit people who it considers "power users" of AI

Rupee hits 2025 peak, boosted by portfolio inflows, exporter hedging

The rupee rose 0.5 per cent to a high of 84.78 per dollar, tracking gains in Asian currencies, which were up by as much as 0.8 per cent on the day

Gold rally to dent India's jewellery purchases, boost investment: WGC

Domestic gold prices hit a record high of ₹99,358 per 10 grams earlier this month

ArcelorMittal warns of trade disruption despite strong quarterly profit

ArcelorMittal shipped about 13.6 million tons of steel in the first quarter, slightly up from the year-ago period