Nifty Faces Worst Losing Streak in 29 Years as Market Falls 15% From Peak, Investor Wealth Shrinks
The Indian stock market is going through one of its worst phases in nearly three decades, with the Nifty 50 slipping 15% from its September peak. This marks its longest losing streak in 29 years, causing investor wealth to shrink by more than ₹90 lakh crore. On Friday, Nifty lost over 400 points, and the Sensex plunged by 1,400 points, sending shockwaves through Dalal Street.Investors are increasingly concerned about foreign institutional investor (FII) outflows, small- and mid-cap stock de
Nifty Faces Worst Losing Streak in 29 Years as Market Falls 15% From Peak, Investor Wealth Shrinks
The Indian stock market is going through one of its worst phases in nearly three decades, with the Nifty 50 slipping 15% from its September peak. This marks its longest losing streak in 29 years, causing investor wealth to shrink by more than ₹90 lakh crore. On Friday, Nifty lost over 400 points, and the Sensex plunged by 1,400 points, sending shockwaves through Dalal Street.Investors are increasingly concerned about foreign institutional investor (FII) outflows, small- and mid-cap stock de
Bill Gates Rejected Job Offers From GE, DEC & Honeywell Before Co-Founding Microsoft
As an 18-year-old Harvard freshman, Bill Gates had multiple job offers from major tech companies like General Electric, Digital Equipment Corporation (DEC), and Honeywell. While these offers boosted his confidence, Gates acknowledges that accepting any of them could have altered the course of his life—potentially delaying or even preventing the creation of Microsoft, which is now a $3 trillion tech giant.Gates details this pivotal phase of his life in his new memoir, Source Code, publis
Bill Gates Rejected Job Offers From GE, DEC & Honeywell Before Co-Founding Microsoft
As an 18-year-old Harvard freshman, Bill Gates had multiple job offers from major tech companies like General Electric, Digital Equipment Corporation (DEC), and Honeywell. While these offers boosted his confidence, Gates acknowledges that accepting any of them could have altered the course of his life—potentially delaying or even preventing the creation of Microsoft, which is now a $3 trillion tech giant.Gates details this pivotal phase of his life in his new memoir, Source Code, publis
Elon Musk Defends Foreign Tech Workers Amid U.S. Job Market Debate
Tesla CEO Elon Musk recently responded to a discussion about foreign-born tech workers in the U.S., defending their contribution to the industry. The conversation began when Amjad Masad, CEO of Replit, questioned whether foreign workers were truly displacing qualified Americans in the tech sector. Masad pointed out the large number of unfilled tech jobs, expressing skepticism about claims that foreign workers were taking opportunities from native-born Americans. Musk, who is origina
Elon Musk Defends Foreign Tech Workers Amid U.S. Job Market Debate
Tesla CEO Elon Musk recently responded to a discussion about foreign-born tech workers in the U.S., defending their contribution to the industry. The conversation began when Amjad Masad, CEO of Replit, questioned whether foreign workers were truly displacing qualified Americans in the tech sector. Masad pointed out the large number of unfilled tech jobs, expressing skepticism about claims that foreign workers were taking opportunities from native-born Americans. Musk, who is origina
Australia to Force Big Tech to Pay for News
Australia is introducing new rules to compel large tech companies, including Google, Meta, and TikTok, to pay local publishers for news content. These companies, whose annual Australian revenue exceeds $250 million, will need to negotiate commercial deals with media organizations or face increased taxes. This move builds on the world-first law passed in 2021, which forced tech giants like Meta and Google to pay for news content shared on their platforms. The new rules aim to pressur
Australia to Force Big Tech to Pay for News
Australia is introducing new rules to compel large tech companies, including Google, Meta, and TikTok, to pay local publishers for news content. These companies, whose annual Australian revenue exceeds $250 million, will need to negotiate commercial deals with media organizations or face increased taxes. This move builds on the world-first law passed in 2021, which forced tech giants like Meta and Google to pay for news content shared on their platforms. The new rules aim to pressur
Trump Praises Elon Musk's Starlink, Sparks Buzz About Satellite Internet in India
In his victory speech after the 2024 US presidential election, Donald Trump showered praise on SpaceX CEO and X (formerly Twitter) boss Elon Musk, calling him an "amazing guy" and a "super genius." Trump highlighted how Musk's Starlink satellite internet service had been a lifesaver in the aftermath of Hurricane Helene, illustrating its potential to provide reliable internet connectivity to the remotest areas of the globe. This endorsement has sparked a renew
Trump Praises Elon Musk's Starlink, Sparks Buzz About Satellite Internet in India
In his victory speech after the 2024 US presidential election, Donald Trump showered praise on SpaceX CEO and X (formerly Twitter) boss Elon Musk, calling him an "amazing guy" and a "super genius." Trump highlighted how Musk's Starlink satellite internet service had been a lifesaver in the aftermath of Hurricane Helene, illustrating its potential to provide reliable internet connectivity to the remotest areas of the globe. This endorsement has sparked a renew
Nifty 50 and Sensex Rally Over 1% Amid Trump Victory: IT Stocks Lead the Charge
On Wednesday, the Indian stock markets showed a strong upward movement, with the Nifty 50 closing 1.12% higher at 24,484.05 and the BSE Sensex ending 1.13% up at 80,378.13. The rally was largely fueled by a significant surge in information technology (IT) stocks, including Infosys Ltd., Tata Consultancy Services Ltd. (TCS), and other major players in the sector. The rally was
Nifty 50 and Sensex Rally Over 1% Amid Trump Victory: IT Stocks Lead the Charge
On Wednesday, the Indian stock markets showed a strong upward movement, with the Nifty 50 closing 1.12% higher at 24,484.05 and the BSE Sensex ending 1.13% up at 80,378.13. The rally was largely fueled by a significant surge in information technology (IT) stocks, including Infosys Ltd., Tata Consultancy Services Ltd. (TCS), and other major players in the sector. The rally was
US Stocks Open Lower as Investors Pause After Fed Rate Cut
US stocks experienced a lower opening on Friday as investors took a moment to reassess following a robust rally spurred by the Federal Reserve's significant interest rate cut earlier this week. The Dow Jones Industrial Average fell by 120 points, or 0.3%, landing at 41,906.55. Meanwhile, the tech-heavy Nasdaq Composite decreased by 0.2%, settling at 17,950.7. The S&P 500 also saw a dip, declining by as much as 0.26% to 5,698.93. Despite the overall market downturn, nine of t
US Stocks Open Lower as Investors Pause After Fed Rate Cut
US stocks experienced a lower opening on Friday as investors took a moment to reassess following a robust rally spurred by the Federal Reserve's significant interest rate cut earlier this week. The Dow Jones Industrial Average fell by 120 points, or 0.3%, landing at 41,906.55. Meanwhile, the tech-heavy Nasdaq Composite decreased by 0.2%, settling at 17,950.7. The S&P 500 also saw a dip, declining by as much as 0.26% to 5,698.93. Despite the overall market downturn, nine of t
Kumari Aunty: The Beloved Street Food Vendor Meets CM Revanth Reddy
Kumari Aunty, known for serving delicious home-cooked food at affordable prices on the streets of Hi-Tech City, has garnered immense popularity across the Telugu states. Her culinary skills and warm demeanor have made her a favorite among locals. However, her business faced a setback when the Cyberabad police shut it down on one occasion. Fortunately, CM Revanth Reddy stepped in, directing officials to allow her to continue serving her community. On Wednesday, Kumari Aunty finally h
Kumari Aunty: The Beloved Street Food Vendor Meets CM Revanth Reddy
Kumari Aunty, known for serving delicious home-cooked food at affordable prices on the streets of Hi-Tech City, has garnered immense popularity across the Telugu states. Her culinary skills and warm demeanor have made her a favorite among locals. However, her business faced a setback when the Cyberabad police shut it down on one occasion. Fortunately, CM Revanth Reddy stepped in, directing officials to allow her to continue serving her community. On Wednesday, Kumari Aunty finally h









