business

Zuckerberg’s Wealth Jumps $25 Billion in a Day as Meta Shares Soar 12%

Mark Zuckerberg’s net worth surged by an estimated $25 billion in a single day after Meta shares climbed nearly 12%. Forbes estimated his fortune at $253.6 billion as Meta prepares to showcase its latest AI developments at Meta Connect 2026.

Over 1 Lakh Engineers Join ChipIN Centre to Boost India’s Semiconductor Ecosystem

RBI May Hike Rates Twice in 2026 Amid Sticky Inflation: Nomura

FM Sitharaman Meets JPMorgan CEO Jamie Dimon at Investor Conference in Mumbai

CM Mohan Yadav, Scindia to Lead Telecom Investor Outreach for Gwalior in Bengaluru

CM Mohan Yadav and Jyotiraditya Scindia will lead a Bengaluru investor outreach on September 22 to attract telecom investments for Gwalior’s Telecom Manufacturing Zone. The Gwalior TMZ is being developed as India’s first integrated Telecom Manufacturing Zone; recent government information says 24 companies have initiated the application process, with proposed investments of about Rs 5,500 crore.

Defence Ministry Signs Rs 586 Crore Deal for APUs for T-72, T-90 Tanks

Defence Ministry signs Rs 586 crore contract with Accurate Industrial Controls for indigenous APUs for T-72 and T-90 tanks, boosting operational readiness and defence self-reliance.

Asia REIT Market Grows 18% to $279.4 Billion, India Emerges as Key Growth Engine: Report

Asia’s REIT market expanded 18% to $279.4 billion by the end of FY26, while India’s market value surged 62% to $17.7 billion, according to Cushman & Wakefield. Strong office occupancy, new listings and demand from multinational companies and GCCs are supporting India’s REIT growth.

RBI Eases KYC Certification Rules for Foreign Portfolio Investors

The RBI has eased KYC compliance for foreign portfolio investors, allowing Indian banks to accept original certified copies of specified documents authenticated by recognised overseas authorities, including eligible bank officials, notaries and Indian diplomatic missions.

Sensex, Nifty Rise in Early Trade as Crude Prices Ease; Realty, Auto Stocks Gain

Indian equity markets opened higher on Monday, with the Sensex gaining 411 points and Nifty rising 33 points amid easing crude prices. Realty and auto stocks led sectoral gains, while IT and PSU banks traded lower.

Global Firms Race to Defend Against AI Cyber Threats With ‘Tsunami of Patching’

Global companies are racing to strengthen cybersecurity defences amid growing concerns over AI-driven cyber attacks. Citigroup CEO Jane Fraser described the effort as a “tsunami of patching” as firms prepare for increasingly capable AI models.