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BusinessSpending on data centers in the US has exceeded investments in canals, railroads, and the electrical grid combined. This massive AI-related build-out is creating jobs and boosting stock-market wealth. However, it is also contributing to inflation and reducing housing availability, marking it as the largest economic bet in US history.
Mint·16h ago
BusinessAt 9:16 am, the BSE Sensex fell by 551.60 points (0.74%) to 74,276.65, while the Nifty declined 207.65 points (0.89%) to 23,239.15. The market drop is attributed to rising global bond yields and crude oil prices, which weighed on investor sentiment.
News 18·13h ago
BusinessOn September 24, insurance stocks such as HDFC Life, SBI Life, ICICI Prudential, PB Fintech, and Turtlemint dropped sharply following IRDAI's proposal to reform management expense limits and commission structures. The regulator aims to curb mis-selling and promote transparent, digital insurance purchases through these changes.
Mint·13h ago
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PoliticsDonald Trump’s Board of Peace has announced a six-month recovery plan for Gaza worth $2.45 billion, involving 66 projects. However, the plan faces significant challenges as only a small portion of pledged donor funds have been transferred and key security issues remain unresolved, delaying the start of the work.
Wion·14h ago
PoliticsThe Bharatiya Janata Party has appointed former Tripura Chief Minister and MP Biplab Kumar Deb as the new party in-charge for Madhya Pradesh. He replaces Dr. Mahendra Singh in this role. This change reflects BJP's organizational reshuffle in the state leadership.
Agniban·13h ago·Bhopal
PoliticsFormer West Bengal CM Mamata Banerjee has demanded the arrest of the Chief Election Commissioner and called for fresh elections in the state. Meanwhile, current CM Suvendu Adhikari has issued directives to ministers and announced new investments. Additionally, Kolkata has received relief in onion supply today.
Latestly·13h ago·Kolkata
Mint·16h ago
Spending on data centers in the US has exceeded investments in canals, railroads, and the electrical grid combined. This massive AI-related build-out is creating jobs and boosting stock-market wealth. However, it is also contributing to inflation and reducing housing availability, marking it as the largest economic bet in US history.
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