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13.03.26 - 13:57
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Futures At Session Highs After Oil Drops Below $100 On India Hormuz Transit Hopes (ZeroHedge)
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Futures At Session Highs After Oil Drops Below $100 On India Hormuz Transit Hopes
US stock futures rebounded from their overnight selloff, and were trading near session highs after three days of losses on Wall Street as Brent slipped below $100 a barrel and investors waited to see if the war in the Middle East would escalate further. The catalyst for the bounce was news that India asked Iran to allow its tanker armada through Hormuz, which would lead to a substantial easing of the global oil shipping blockade. And while it remains to be seen if this will pave the way for other flows through the strait, for now futures have rebounded with Emini S&P futures up 0.3% at 6700 and Nasdaq futures rising 0.4%; in premarket trading Mag 7 stocks are flattish except for the -1.4% decline in META after it delayed the rollout of its new frontier model “Avocado.” Bond yields reverse an earlier rise and were flat higher this morning while the USD is 0.4% higher, with DXY now reaching above 100. Oil pr...
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02.03.26 - 23:06
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Why Big AI Is Obsessed With India (Bloomberg)
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US tech giants like Open AI, Microsoft and Google are pouring billions of dollars into developing AI in India. But can the world's most populous nation create its own sovereign AI champion? (Source: Bloomberg)...
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24.02.26 - 22:00
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Accelerating growth, India on upward trajectory: RBI (Times of India)
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India's economy is experiencing accelerated and more predictable growth, with deputy governor Poonam Gupta highlighting a continuously improving trajectory. Driven by favorable demographics and policy continuity, per capita income growth is also surging. Anticipated trade deals with the US and EU are expected to further bolster the current account, reinforcing the nation's economic expansion....
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19.02.26 - 14:24
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Accenture: India Is ′Taking the Lead′ in AI Adoption (Bloomberg)
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India has been innovative in adopting AI through its regulation, AI infrastructure, and its use of AI in the education sector says Julie Sweet, Accenture CEO. The company has been expanding its presence in the country in recent years, and now has over 350,000 employees in India. Julie spoke to Bloomberg TV's Haslinda Amin on the sidelines of the AI Impact Summit in New Delhi. (Source: Bloomberg)...
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19.02.26 - 03:06
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Google Executives Hail India′s AI Potential (Bloomberg)
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Demis Hassabis, Google DeepMind CEO says that India has huge potential in AI, backed up the research and talent building up in the country. James Manyika, Google and Alphabet's Senior Vice President India's AI participation can be a template for the global south. (Source: Bloomberg)...
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04.02.26 - 08:18
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January PMI figures: India′s services sector growth hits two-month high (Times of India)
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India's services sector kicked off 2025 with robust growth, reaching a two-month high in January. Buoyant demand, driven by increasing new orders and technological investments, fueled this expansion. Businesses reported a quicker rise in activity and responded by adding staff, while future outlook sentiment also improved significantly across the broader private sector....
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