India gold reserves top $100 billion on surging bullion prices, forex down| Business News

India’s gold reserves crossed the $100 billion mark for the first time, according to the Reserve Bank of India’s latest forex reserves data, buoyed by a global gold price rally. The gold’s share in India’s forex reserves has almost doubled over the past decade—from below 7% to nearly 15%. (Bloomberg) RBI’s gold reserves rose by […]

IPL valuation shrinks for second year in a row to $8.8 billion, new report shows| Business News

The valuation of Indian Premier League has eroded for a second year in a row, after a bidding war for broadcasting rights made it the world’s most lucrative cricket tournament. Cricketer Virat Kohli’s Royal Challengers Bangalore is the latest winner of the Indian Premier League in 2025. (Representative Image/ANI) IPL’s valuation dropped nearly 11% to […]

Sundar Pichai calls Vizag AI hub a landmark as Google invests $15 billion| Business News

Google CEO Sundar Pichai on Monday announced plans to set up the first-ever Google AI hub in Visakhapatnam, calling it a “landmark development” that will combine gigawatt-scale compute capacity, a new international subsea gateway, and large-scale energy infrastructure. Prime Minister Narendra Modi with the CEO of Google and Alphabet Sundar Pichai during a meeting, at […]

Google to invest $10 billion in data centre and AI project in Andhra Pradesh| Business News

Alphabet Inc.’s Google will invest $10 billion to set up a massive data centre and artificial intelligence hub in Andhra Pradesh, officials from the southern Indian state said, marking its biggest such investment in the South Asian nation. Google and Andhra Pradesh are likely to sign a formal agreement on the AI project later today. […]