US Stock Market LIVE Updates: All eyes on Jerome Powell as FOMC set to announce its rate cut decision tonight

US Stock Market Live Updates: Futures on Wall Street are on the edge ahead of the all important interest rate decision from the US Federal Reserve, which will be announced at 12:30 AM on Thursday, followed by a Press Conference

Nephrocare Health IPO off to slow start, subscribed 0.13x on opening day

The initial public offering (IPO) of dialysis services provider Nephrocare Health Services received a muted response from all segments of investors during its first day of bidding. The issue, which opened for subscription today, December 10, was booked just 0.13

When Satya Met Modi… – Rediff.com Business

Microsoft Chairman and CEO Satya Nadella met Prime Minister Narendra Modi for the second time this year. Satya’s visit was focused on India’s AI roadmap, backed by a $17.5 billion commitment for infrastructure and skill-building.   IMAGE: Satya meets Modi

Microsoft to invest $17.5 billion for India’s AI-first future

Microsoft CEO Satya Nadella on Tuesday announced plans to invest $17.5 billion in India to help build infrastructure and sovereign capabilities for the country’s AI-first future, marking the third major AI-driven investment in the country in the past two months.

Mehul Choksi’s appeal against India’s extradition request rejected by Belgian SC

Belgium’s supreme court — the Court of Cassation — on Tuesday rejected the appeal of fugitive diamond trader Mehul Choksi challenging the extradition request of India in connection with the Rs 13000-crore alleged bank fraud in Punjab National Bank, authorities

Near-term margins for cement companies to remain under pressure

The projections in the cement industry are mixed. Prices and demand remained muted in the third quarter (October & November) and short term uptick doesn’t seem likely. Image used for representative purpose only. Photograph: Jayanta Dey/Reuters However, the second quarter

IRB Infra reports double-digit growth in November toll revenue

IRB Infrastructure Developers Ltd and its sponsored InvITs — IRB Infrastructure Trust and IRB InvIT Fund — reported a 16% year-on-year rise in aggregate toll revenue for November 2025, delivering another month of steady growth. The three entities together collected

US Fed meeting: Can a 25 bps US Fed rate cut stabilise the Indian rupee?

As the Indian rupee hovers near record lows, currency traders are keenly awaiting the US Federal Reserve’s policy decision on Wednesday, December 10, with hope that a 25-basis-point rate cut, accompanied by a dovish tone from Chair Jerome Powell, will

CBI books Anil Ambani’s son, Reliance Home Finance in Rs 228 crore bank fraud case

The CBI has booked the son of industrialist Anil Ambani, Jai Anmol Anil Ambani, and Reliance Home Finance Ltd. (RHFL) in a case of alleged cheating in Union Bank of India that caused a loss of Rs 228 crore to

Sensex tanks 610 pts; Nifty slips below 26K

Equity benchmark indices Sensex and Nifty nosedived on Monday after two consecutive days of gains, as investors rushed to take profits amid the unabated selling of stocks by foreign investors. Photograph: Francis Mascarenhas/Reuters Analysts said investors turned defensive ahead of

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