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Wednesday, December 17, 2025 News Archive

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1h ago

US Stock Market Diverges: Tesla Climbs to Record While Dow and S&P 500 Slide

US Stock Market Diverges: Tesla Climbs to Record While Dow and S&P 500 Slide
US stocks showed mixed performance on Tuesday, with Tesla (TSLA) hitting a new record, while the Dow Jones and S&P 500 slipped. The delayed November jobs report revealed that the US economy added 64,000 jobs, but the unemployment rate rose to 4.6%, reaching a 2021 high. The Nasdaq Composite rose 0.2%, fueled by Tesla’s advancements in robotaxi technology. Meanwhile, the Dow dropped 0.6%, and the S&P 500 fell 0.2%. 
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1h ago

EUR/USD Forecast: US Data Shows Dollar Weakness, Supports Bullish EUR

EUR/USD Forecast: US Data Shows Dollar Weakness, Supports Bullish EUR
The EUR/USD pair has maintained a bullish bias, despite weak economic data from the Eurozone. The pair briefly flirted with 1.1800 but retreated to 1.1773. European flash PMIs for December indicated a second consecutive month of slower business activity, with the services PMI at 52.6, down from 53.1. On the other hand, US data pointed to a weak labor market recovery, with nonfarm payrolls adding only 64K jobs in November, and a rise in the unemployment rate to 4.6%. 
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1h ago

NASA’s MAVEN Spacecraft Silent and Spinning in Mars Orbit

NASA’s MAVEN Spacecraft Silent and Spinning in Mars Orbit
NASA's MAVEN spacecraft, which has been orbiting Mars since 2014, has gone silent since December 4, despite numerous attempts to re-establish communication. A fragment of tracking data, recovered on December 6, revealed that the spacecraft might be rotating in an unexpected manner. The analysis also suggests that MAVEN's orbital trajectory may have shifted. 
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1h ago

NASA’s MAVEN Spacecraft Silent and Spinning in Mars Orbit

NASA’s MAVEN Spacecraft Silent and Spinning in Mars Orbit
NASA's MAVEN spacecraft, which has been orbiting Mars since 2014, has gone silent since December 4, despite numerous attempts to re-establish communication. A fragment of tracking data, recovered on December 6, revealed that the spacecraft might be rotating in an unexpected manner. The analysis also suggests that MAVEN's orbital trajectory may have shifted. 
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1h ago

OpenAI Discusses $10 Billion Investment and AI Chip Deal with Amazon

OpenAI Discusses $10 Billion Investment and AI Chip Deal with Amazon
OpenAI is in talks with Amazon regarding a potential investment exceeding $10 billion.The deal would also include the use of Amazon’s artificial intelligence chips, with discussions still ongoing and details subject to change. This comes after OpenAI's restructuring in October, which gave the company more freedom to raise capital and collaborate with third party companies. 
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1h ago

FTSE 100 Slides as Job Market Weakens and Oil Prices Drop Below $60

FTSE 100 Slides as Job Market Weakens and Oil Prices Drop Below $60
The FTSE 100 index declined by 0.3% to 9722.46 points on December 17, 2025, as BP and Shell's performance weighed down the index. BP fell 3.7p to 433.75p and Shell dropped 27.75p to 2670.5p, following a 1.5% fall in Brent Crude to $59.54 a barrel. Oversupply concerns and a potential Russia-Ukraine peace deal contributed to the drop. Additionally, UK unemployment rose to 5.1%, reinforcing expectations that the Bank of England will cut interest rates to 3.75% on Thursday.
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1h ago

FTSE 100 Slides as Job Market Weakens and Oil Prices Drop Below $60

FTSE 100 Slides as Job Market Weakens and Oil Prices Drop Below $60
The FTSE 100 index declined by 0.3% to 9722.46 points on December 17, 2025, as BP and Shell's performance weighed down the index. BP fell 3.7p to 433.75p and Shell dropped 27.75p to 2670.5p, following a 1.5% fall in Brent Crude to $59.54 a barrel. Oversupply concerns and a potential Russia-Ukraine peace deal contributed to the drop. Additionally, UK unemployment rose to 5.1%, reinforcing expectations that the Bank of England will cut interest rates to 3.75% on Thursday.
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1h ago

Silver Prices Soar to Record High as Economic Uncertainty Drives Demand

Silver Prices Soar to Record High as Economic Uncertainty Drives Demand
Silver prices saw a sharp rise on December 17, 2025, reaching ₹2,080 per 10 grams and ₹2.08 lakh per kilogram, marking a steep increase of ₹8,900 per kilogram from the previous day. This surge is part of a broader trend over the last 10 days, with silver outperforming gold, doubling in value over the past 11 months. 
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1h ago

Bhavish Aggarwal Monetizes Stake to Release ₹260 Crore in Pledged Shares

Bhavish Aggarwal Monetizes Stake to Release ₹260 Crore in Pledged Shares
Ola Electric's founder Bhavish Aggarwal has fully monetized his personal shareholding to release ₹260 crore worth of promoter-level share pledges, as per a PTI report. The move is seen as a strategic effort to eliminate the volatility associated with pledged shares, strengthening the company's risk profile. This step will not dilute promoter control and is part of Ola Electric's long-term commitment to building a vertically integrated electric mobility and clean energy platform. 
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1h ago

Rupee Hits Record Low, Recovers After RBI Intervention

Rupee Hits Record Low, Recovers After RBI Intervention
The Indian Rupee opened at a record low of 91.07 against the US dollar on Wednesday, reflecting a 0.05% drop from its previous close. The currency had been under pressure due to sustained portfolio outflows and a deadlock in US-India trade talks. However, the rupee recovered sharply, likely supported by intervention from the Reserve Bank of India (RBI), which triggered its strongest intraday recovery in seven months. The rupee rebounded to an intraday high of 89.75.
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1h ago

Park Medi World Shares Debut at 4% Discount on BSE

Park Medi World Shares Debut at 4% Discount on BSE
Park Medi World’s shares made a weak debut on December 16, listing at ₹155.60 on the Bombay Stock Exchange (BSE), a 3.95% discount from its IPO price of ₹162 per share. The company, which operates a chain of hospitals under the Park Hospital brand, raised ₹920 crore through its IPO. Despite being subscribed over 8 times from December 10-12, the stock’s market debut showed a disappointing performance, with a market capitalization of ₹6,720.84 crore.
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1h ago

Indian Overseas Bank Shares Dip as Government Plans 3% Stake Divestment

Indian Overseas Bank Shares Dip as Government Plans 3% Stake Divestment
Indian Overseas Bank's shares slipped by 4% to ₹35.09 on December 17, following the government's decision to divest up to a 3% stake in the lender via an offer for sale (OFS). The sale, expected to raise approximately ₹2,100 crore, includes a base offer of 38.51 crore shares, with an option for an additional 19.25 crore shares. The offer will be conducted at a floor price of ₹34 per share, with retail investors eligible for a discount. Despite this, the bank's shares have fallen 32% since the start of 2025.
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1h ago

Shakti Pumps Shares Jump 45% in Four Sessions Following New Order Wins

Shakti Pumps Shares Jump 45% in Four Sessions Following New Order Wins
Shares of Shakti Pumps surged 45% in just four days after hitting a fresh 52 week low of ₹548.45 on December 10. The stock rebounded sharply on the announcement of a new order win with the Maharashtra State Electricity Distribution Company. The order, valued at ₹443.78 crore, involves supplying 16,025 off grid DC Solar Photovoltaic Water Pumping Systems across Maharashtra. Despite this recovery, the stock remains down 43% from its 52-week high and 85% lower than its all-time peak of ₹5,124.80 in October last year.
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1h ago

Mizuho and Other Japanese Firms Expand Presence in India’s Financial Sector

Mizuho and Other Japanese Firms Expand Presence in India’s Financial Sector
Mizuho Financial Group has announced its acquisition of a majority stake in Avendus Capital, marking another major deal as Japanese firms intensify their expansion in India. The total volume of deals targeting Indian companies has surged by 15% this year, reaching nearly $90 billion. Mitsubishi UFJ Financial Group is also reportedly set to invest over $3 billion in Shriram Finance Ltd., while Sumitomo Mitsui Financial Group has become the largest shareholder in Yes Bank.
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1h ago

Ola Electric Shares Fall 80% from Highs, Mutual Funds Increase Stake

Ola Electric Shares Fall 80% from Highs, Mutual Funds Increase Stake
Ola Electric's shares have been in a consistent decline since its listing, falling nearly 80% from its post-listing high of ₹157. The stock has also dropped 54% from its IPO price of ₹76 per share, showing negative returns in four out of the five quarters since listing. However, despite the stock's poor performance, India’s Domestic Mutual Funds raised their stake in the company during the September quarter.
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1h ago

Axis Bank Shares Fall 5% on Delayed Net Interest Margin Recovery

Axis Bank Shares Fall 5% on Delayed Net Interest Margin Recovery
Shares of Axis Bank closed 5.12% lower at ₹1,219 on December 16, 2025, after Citi Research indicated that the lender’s net interest margin (NIM) recovery would be pushed to FY27, causing a sharp sell off. The stock, which opened at ₹1,277.10, saw heavy selling pressure with over 11.5 crore shares changing hands, resulting in a turnover of ₹1,422.63 crore. The stock hit an intraday low of ₹1,216.90 before recovering slightly.
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1h ago

Jim Cramer Suggests Oracle’s Discipline Could Halt Reckless AI Spending

Jim Cramer Suggests Oracle’s Discipline Could Halt Reckless AI Spending
On Tuesday, CNBC’s Jim Cramer discussed the ongoing massive AI spending by tech giants like Amazon, Microsoft, Google, Meta, and OpenAI, and how Oracle’s actions could lead to a slowdown. Cramer argued that Oracle, already burdened with significant debt, might heed warnings from the bond market and curb its AI investments. This could set a precedent for other hyperscalers to follow, helping stabilize their valuations, which have plummeted due to imprudent spending on data centers.
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1h ago

SEPC Wins ₹269.7 Crore Subcontract for Ajmer-Chanderiya Railway Doubling Project

SEPC Wins ₹269.7 Crore Subcontract for Ajmer-Chanderiya Railway Doubling Project
SEPC has won a ₹269.7 crore subcontract for the Ajmer Chanderiya railway doubling project, part of the North Western Railway's capacity expansion initiative. The order includes civil works, track installation, and allied services. Additionally, SEPC will handle permanent way works, which involve the supply and transportation of materials. 
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1h ago

Dollar Nears 2-1/2-Month Low Amid Uncertainty Over U.S. Rate Hikes

Dollar Nears 2-1/2-Month Low Amid Uncertainty Over U.S. Rate Hikes
The U.S. dollar edged closer to a 2-1/2-month low on December 17, as recent labor market data left the future path of interest rates uncertain. The dollar's downward pressure was fueled by mixed employment reports, which raised doubts about the Federal Reserve's next move. Traders are now cautious, awaiting further economic data to gauge whether the Fed will proceed with its aggressive tightening or slow down in response to economic signals.
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1h ago

Vedanta Shares Surge 9% on NCLT Approval of Demerger Plan

Vedanta Shares Surge 9% on NCLT Approval of Demerger Plan
Vedanta Ltd. reached a new record high of ₹580.45 per share on December 17, following the Mumbai Bench of the NCLT’s approval of the company’s demerger plan. The company will split into five independent, sector specific businesses, including Vedanta Aluminium, Oil & Gas, Iron & Steel, Power, and Vedanta Limited. This demerger is aimed at enhancing operational focus and unlocking long term value for shareholders, with each entity having its own capital structure and strategic direction. 
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1h ago

Ola Electric's Founder Bhavish Aggarwal Releases ₹260 Crore Share Pledges

Ola Electric's Founder Bhavish Aggarwal Releases ₹260 Crore Share Pledges
Ola Electric’s founder, Bhavish Aggarwal, has monetised his personal shareholding to fully release ₹260 crore worth of promoter level share pledges, according to a PTI report. This move comes as part of Aggarwal’s strategy to remove any overhang of pledged shares, which could have posed risks related to margin and volatility. 
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1h ago

Jyoti Bansal: IIT Graduate to Billionaire Entrepreneur

Jyoti Bansal: IIT Graduate to Billionaire Entrepreneur
Indian born entrepreneur Jyoti Bansal has entered the ranks of billionaires by building two highly successful tech companies, including Harness, an AI-based software delivery platform. Bansal, an IIT Delhi graduate, relocated to the USA at 21 with just a few hundred dollars. He initially worked as an engineer under an H1-B visa, which restricted him from starting a company until he became a U.S. citizen in 2016. 
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2h ago

KSH International IPO: Subscription Status and Key Highlights on Day 1

KSH International IPO: Subscription Status and Key Highlights on Day 1
KSH International Ltd launched its IPO on December 16, 2025, with a ₹700 crore book-build issue. The IPO consists of a fresh issue of ₹420 crore and an Offer-for-Sale (OFS) of ₹290 crore. The subscription was at 0.07 times on Day 1, with retail investors subscribing 0.12 times. The price band for the issue is ₹365 to ₹384 per share, and the IPO will close on December 18, 2025. 
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2h ago

ICICI Prudential AMC IPO Allotment: How to Check Status Online

ICICI Prudential AMC IPO Allotment: How to Check Status Online
The allotment of ICICI Prudential AMC IPO will be finalized on Wednesday, December 17. Investors can check the status of their allotment on the NSE, BSE, or KFin Technologies websites. The IPO was an offer-for-sale of over 4.89 crore shares worth ₹10,602.65 crore by Prudential Corporation Holdings. The IPO saw a massive subscription of 39.17 times. Retail investors can follow simple steps to check their allotment status on the KFin and NSE websites.
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2h ago

Valour Solana ETP Debuts on Brazil’s B3 Exchange

Valour Solana ETP Debuts on Brazil’s B3 Exchange
Brazil’s B3 Exchange approved trading of the Valour Solana ETP beginning December 17 alongside existing Bitcoin, Ethereum, XRP and Sui products, marking a broadened crypto investment suite in Latin America. The new Solana ETP aims to offer institutional and retail investors a regulated exposure route to one of the largest layer 1 blockchain ecosystems. Market participants view this as a sign of continued crypto product innovation amidst persistent volatility and macroeconomic uncertainty.
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2h ago

Micron Stock Moves After Hours Ahead of U.S. Open

Micron Stock Moves After Hours Ahead of U.S. Open
Micron Technology shares saw after‑hours movement on December 16, with investors preparing for key developments ahead of the December 17 trading session. Analyst forecasts range from neutral to modestly positive as demand signals strengthen for memory chips tied to data center and AI workloads. With industry inventory levels improving, Micron’s near term outlook reflects stabilizing memory pricing and potential upside if end market consumption continues rising, though competition and cyclical headwinds remain risks.
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2h ago

Citi and LSEG Form Strategic Data Partnership

Citi and LSEG Form Strategic Data Partnership
Citi and the London Stock Exchange Group (LSEG) announced a data partnership on December 16, 2025, aiming to enhance comprehensive data services across markets, trading, investment banking, and risk analytics. The collaboration will offer Citi access to broader economic, pricing and risk intelligence datasets, improving execution and governance. Part of LSEG’s strategy to expand its data ecosystem, this deal complements other tech partnerships with Microsoft, OpenAI and Databricks, as the firm integrates AI into financial analytics.
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2h ago

OpenAI Eyes $10B Amazon Investment in AI Chip Push

OpenAI Eyes $10B Amazon Investment in AI Chip Push
OpenAI is in early discussions with Amazon for a potential investment of at least $10 billion, part of a strategic shift to use Amazon’s Trainium AI chips for expanded cloud‑based training capacity. This deal, if completed, could bolster Amazon’s hardware relevance against competitors like Nvidia. The investment reflects sustained external interest in AI infrastructure despite some investor concerns about OpenAI’s aggressive growth goals and the broader AI investment landscape.
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2h ago

Global Markets Waver After Jobs Data, Oil Rally Bolsters Prices

Global Markets Waver After Jobs Data, Oil Rally Bolsters Prices
Global markets showed muted movement on December 17 after mixed U.S. jobs data left investors uncertain about future interest rate cuts. Unemployment reached its highest level in years even as job growth resumed, clouding the labor picture. Crude oil prices climbed sharply after the U.S. imposed a blockade on Venezuelan oil tankers, lifting energy sentiment. Investors now eye upcoming inflation data and central bank moves from the BoE, ECB and BoJ.
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2h ago

Sensex, Nifty Open Mixed as Traders Weigh Global Cues

Sensex, Nifty Open Mixed as Traders Weigh Global Cues
Indian equity markets opened mixed on December 17, with Sensex and Nifty flat to slightly higher as global signals and local volatility influenced sentiment. Shriram Finance, Hindalco, SBI, and Axis Bank were among early gainers, while ICICI Bank and Tech Mahindra lagged. NSE Academy partnered with HCLTech to offer tech‑finance programs, and investors focused on technical levels around key support and resistance zones.
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2h ago

Databricks Secures New Funding at $134B Valuation

Databricks Secures New Funding at $134B Valuation
Databricks, a leading AI data analytics company, is raising over $4 billion in Series L funding at a valuation near $134 billion, supported by major investors including Insight Partners, Fidelity and J.P. Morgan. The capital will support product expansion and AI data‑services offerings. The company’s annual revenue run rate surpassed $4.8 billion, highlighting strong enterprise demand for AI analytics even as broader tech markets remain volatile.
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2h ago

Crypto Exchange HashKey Debuts on Hong Kong Market

Crypto Exchange HashKey Debuts on Hong Kong Market
HashKey Holdings, one of Hong Kong’s largest licensed cryptocurrency exchanges, debuted on the Hong Kong Stock Exchange on December 17, raising roughly $206 million in its IPO. Shares climbed as much as 6.6% before settling slightly below the offer price. The IPO saw strong demand with significant oversubscription, reflecting investor appetite for regulated digital asset firms despite recent crypto volatility and a 36% Bitcoin drop from October peaks.
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3h ago

OpenAI in Talks With Amazon for $10B AI Funding

OpenAI in Talks With Amazon for $10B AI Funding
OpenAI is reportedly engaged in preliminary discussions with Amazon to raise at least $10 billion in new funding, potentially valuing the AI pioneer above $500 billion. The deal may involve OpenAI adopting Amazon’s Trainium AI chips to expand cloud‑based training capacity and diversify hardware sources beyond dominant suppliers. 
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3h ago

Bitcoin Trades Around $87K Amid Volatility

Bitcoin Trades Around $87K Amid Volatility
Bitcoin hovered around $87,441 on December 17, rising about 2% in 24 hours amid continued crypto market swings. Other major tokens saw mixed gains: ETH, ADA, SOL, XRP and BNB moved up modestly. Despite broader volatility, market participants noted renewed interest after forced liquidations triggered earlier sell‑offs. Meanwhile, HashKey’s Hong Kong IPO debut lifted sentiment around institutional participation in digital assets.
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3h ago

Sensex, Nifty Open Mixed as Traders Weigh Global Cues

Sensex, Nifty Open Mixed as Traders Weigh Global Cues
Indian equity markets opened flat to slightly higher on December 17, with Sensex and Nifty trading near previous levels as mixed global signals and local volatility influenced sentiment. Shriram Finance, Hindalco, SBI and Axis Bank were among early gainers, while ICICI Bank and Tech Mahindra lagged. NSE Academy partnered with HCLTech to deliver tech finance programs, and investors monitored short‑term technical levels around key support and resistance zones.
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3h ago

Protean eGov Tech Acquires Stake in NSDL Payments Bank

Protean eGov Tech Acquires Stake in NSDL Payments Bank
Protean eGov Technologies has announced that it will acquire a 4.95% stake in NSDL Payments Bank for ₹30 crore. This strategic investment aligns with Protean's long-term vision to build trusted digital infrastructure, aiming to enhance future-ready banking technologies. The deal is expected to close within 60 days from the agreement's execution. 
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3h ago

Asia-Pacific Markets Trade Mixed Amid Japan’s Strong Export Growth

Asia-Pacific Markets Trade Mixed Amid Japan’s Strong Export Growth
Asia Pacific markets traded mixed on Wednesday as investors assessed global cues, including the delayed release of U.S. jobs data for November. Japan’s exports for November grew by 6.1% year-on-year, surpassing expectations of a 4.8% rise, which helped buoy investor sentiment in the region. The Nikkei 225 remained flat, while South Korea’s Kospi added 0.72%. 
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3h ago

Mutual Funds AUM Hits Record High Amid Global Uncertainty

Mutual Funds AUM Hits Record High Amid Global Uncertainty
India's mutual fund industry saw an impressive surge in assets under management (AUM) in October, climbing by 5.2% to Rs 13.67 lakh crore. This growth was driven by inflows of Rs 16,668 crore, with gold ETFs taking the lead, attracting Rs 7,743 crore amid global economic uncertainty. Over the past decade, India's mutual fund assets have increased six fold to $635.3 billion, contributing to the growth of the capital markets and providing funding for startups.
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3h ago

US Markets Face Downward Pressure Amid Economic Concerns

US Markets Face Downward Pressure Amid Economic Concerns
The S&P 500 continued its downward trend for a third consecutive day after the release of the November jobs report, which showed an uptick in unemployment, sparking fears of a potential recession. Both the Dow and Nasdaq also fell, with a significant selloff in AI stocks. Broadcom's stock took a hit, while gold prices saw a slight rally. Bitcoin, however, dropped 3.1%, falling to $85,806, as market sentiment turned cautious post jobs data.
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3h ago

Sensex and Nifty Drop Amid Global Volatility

Sensex and Nifty Drop Amid Global Volatility
Indian stock markets experienced a sharp decline on December 16, with the Sensex dropping 533.50 points (0.63%) to 84,679.86 and Nifty falling 167.20 points (0.64%) to 25,860.10. This downtrend was primarily driven by volatility in global oil prices and the impact of the US job growth slowdown. Traders are also cautious about the Federal Reserve's tight policy stance amid persistent inflation concerns, adding pressure on investor sentiment.
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3h ago

Crypto Startups Raise $201.4M, Focus Shifts to Infrastructure

Crypto Startups Raise $201.4M, Focus Shifts to Infrastructure
Crypto startups raised $201.4 million last week, with a significant portion directed towards infrastructure, including Futureverse's metaverse and RISC Zero’s ZK tools. Michael Moro, former CEO of Genesis, now leads Ankex derivatives exchange. Google Cloud is further supporting Web3 initiatives by providing funding to builders. Despite this, Bitcoin experienced a 3.1% drop amid a broader risk off sentiment following recent jobs data.
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3h ago

Fractal Analytics Plans India’s First AI-Driven IPO

Fractal Analytics Plans India’s First AI-Driven IPO
Fractal Analytics is set to launch India’s first AI-focused IPO, aiming to raise Rs 4,900 crore, including Rs 1,279 crore in fresh issuance and Rs 3,620 crore via offer for sale (OFS). The funds will be used for US debt repayment and R&D, with strong ties to the Nvidia Tesla ecosystem. The IPO reflects growing demand for AI solutions, fueled by global market trends.
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3h ago

Mutual Funds AUM Hits Record High Amid Global Uncertainty

Mutual Funds AUM Hits Record High Amid Global Uncertainty
India's passive funds saw a surge in assets under management (AUM), rising by 5.2% to Rs 13.67 lakh crore in October. This growth was driven by Rs 16,668 crore in inflows, with gold ETFs accounting for Rs 7,743 crore amid ongoing global uncertainty. Over the last decade, India's mutual fund assets have skyrocketed six fold to $635.3 billion, boosting capital markets and providing growth capital to startups.
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3h ago

US Markets Face Downward Pressure Amid Economic Concerns

US Markets Face Downward Pressure Amid Economic Concerns
The S&P 500 fell for the third consecutive day after the November jobs report showed a rise in unemployment, sparking recession fears. The Dow and Nasdaq also saw declines, especially amid a selloff in AI stocks. Broadcom took a hit, while gold rallied slightly. Bitcoin dropped by 3.1%, settling at $85,806 as investors turned cautious following the jobs data.
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3h ago

Sensex and Nifty Drop Amid Global Volatility

Sensex and Nifty Drop Amid Global Volatility
Indian markets saw a decline on December 16, with Sensex falling 533.50 points (0.63%) to 84,679.86, and Nifty down by 167.20 points (0.64%) to 25,860.10. The drop was triggered by volatility in global oil prices and the impact of a slowing US job growth report. Traders are also keeping an eye on the Federal Reserve's tight policy stance amid persistent inflation concerns.
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3h ago

Gold Prices in Pune as of December 17, 2025 (Morning Trade)

Gold Prices in Pune as of December 17, 2025 (Morning Trade)
The morning trade on December 17, 2025, the price of gold in Pune is ₹13,386 per gram for 24-carat gold and ₹12,270 per gram for 22-carat gold. The 24-carat gold is priced at ₹1,33,860 per 10 grams, while the 22-carat gold is priced at ₹1,22,700 per 10 grams. Both rates reflect a decrease from the previous day's prices, with a drop of ₹870 for 24-carat and ₹800 for 22-carat gold. 
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3h ago

Gold Prices in Delhi as of December 17, 2025 (Morning Trade)

Gold Prices in Delhi as of December 17, 2025 (Morning Trade)
The morning trade on December 17, 2025, the gold price in Delhi is ₹13,401 per gram for 24-carat gold and ₹12,285 per gram for 22-carat gold. These rates reflect a slight decrease compared to yesterday's prices, influenced by global market trends and local demand. The 24-carat gold price is ₹1,34,010 for 10 grams, while 22-carat gold is priced at ₹1,22,850 for 10 grams. 
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3h ago

Gold Prices in Mumbai as of December 17, 2025 (Morning Trade)

Gold Prices in Mumbai as of December 17, 2025 (Morning Trade)
As of the morning of December 17, 2025, the gold prices in Mumbai stand at ₹1,33,850 per 10 grams for 24-carat gold and ₹1,22,690 per 10 grams for 22-carat gold. These prices reflect a slight decrease compared to the previous day's closing rates. The 18-carat gold is priced at ₹1,00,380 for 10 grams. These price fluctuations are typical in the bullion market, with slight adjustments based on global and domestic economic conditions.
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5h ago

SBI Holdings and Startale Group partner to launch regulated JPY stablecoin

SBI Holdings and Startale Group partner to launch regulated JPY stablecoin
SBI Holdings and Startale Group signed a Memorandum of Understanding today to co-develop a fully regulated Japanese yen-denominated stablecoin. The initiative aims to capture a share of the $300 billion global market by offering enterprise-grade cross-border settlements that bypass traditional banking delays. Scheduled for a Q2 2026 launch pending FSA approval, the token will operate as a 'Type 3 Electronic Payment Instrument,' enabling limitless transfers for institutional clients.
Companies:
  • SBI Holdings
  • Startale Group
Tags:
  • Stablecoin
  • Japan
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5h ago

BlackRock expands tokenized treasury fund to Arbitrum as TVL tops $2 billion

BlackRock expands tokenized treasury fund to Arbitrum as TVL tops $2 billion
BlackRock announced the expansion of its BUIDL fund to the Arbitrum network today, aiming to capture deeper liquidity in the Layer 2 ecosystem. The tokenized treasury fund, now boasting over $2 billion in Total Value Locked, offers qualified investors yield derived from short-term US Treasury bills. Analysts view this move as a critical bridge between traditional finance and DeFi, expecting it to accelerate institutional adoption of public Blockchains for high-value asset settlement Throughout 2026.
Companies:
  • BlackRock
  • Securitize
Tags:
  • RWA
  • BlackRock
Theblock• By
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neutral
6h ago

CME Bitcoin options volume hits record high as institutions hedge Q4 risks

CME Bitcoin options volume hits record high as institutions hedge Q4 risks
CME Group reported a record $4.5 billion in daily Bitcoin options volume this week, reflecting heightened institutional hedging activity ahead of the December expiry. Analysts note that while spot prices remain consolidated near $98,000, the rising put-call ratio indicates traders are actively protecting gains against potential year-end volatility. Market observers attribute this caution to pending regulatory clarifications in the US and liquidity tightening in global bond markets, which historically correlate with crypto asset repricing events.
Companies:
  • CME Group
Tags:
  • Bitcoin
  • Derivatives
Bloomberg• By
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positive
6h ago

Solana withstands record 6 Tbps DDoS attack without downtime

Solana withstands record 6 Tbps DDoS attack without downtime
The Solana network successfully repelled a massive distributed denial-of-service attack peaking at 6 terabits per second this week. Despite being one of the largest attacks in history, the network maintained 100% uptime with stable slot latency. Developers credited recent client diversity updates and Quality of Service improvements for the robust defense. While SOL prices drifted lower to $126 amidst general market fear, this technical resilience has bolstered confidence in the chain's long-term enterprise Readiness.
Companies:
  • Solana Labs
  • Anza
Tags:
  • Solana
  • studds accessories
Solanafloor• By
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