TRADE TALKS UPDATE
Nvidia CEO Jensen Huang called by key Republicans over Chinese spy Alice Huang allegations
Top Republican lawmakers have requested Nvidia CEO Jensen Huang to provide a briefing on his connections to Alice Huang. This request follows allegations related to national security concerns involving advanced AI chips. Lawmakers emphasized the need to address the extent of risk posed to U.S. national security. Huang's discussions with numerous executives include ordinary business information, according to Nvidia's claims.
Key Republicans seek briefing from Nvidia CEO over Chinese spy allegations
The New York Times reported last month that US authorities were investigating Alice Huang, a former executive of Singpore-based company Megaspeed, which buys AI chips from Nvidia. US authorities have scrutinized Megaspeed over suspicionsit helped Beijing gain access to advanced AI chips that are barred from shipment to China.
US Vice President JD Vance says Iran war is 'the reason we lost' midterms 2026; Trump responds
Vice President JD Vance has blamed the Iran war for the Republicans' defeat in the recent midterm elections. Many Democrats have celebrated their victory, eager to implement changes for voters concerned about the economy. Iranians reacted positively to the election results but are cautious about potential impacts on the ongoing conflict. Ayatollah Mojtaba Khamenei dismissed hopes for a shift in the US approach towards Iran.
ETMarkets Smart Talk| FDs, G-Secs or debt funds? UTI AMC's Anurag Mittal explains what works in a rising-rate cycle
In this edition of ETMarkets Smart Talk, Anurag Mittal, President & Head–Fixed Income at UTI AMC, shares his views on the changing dynamics in India’s bond market, the outlook for interest rates and bond yields, and how investors can position their fixed-income portfolios in a rising-rate cycle.
From Iran to trade, how the US midterms impact the rest of the world
US Democrats' recent midterm election victories could influence global relations, especially concerning Iran and Israel. The potential for a peace deal with Iran seems viable as US voters oppose prolonged conflicts. In Ukraine, Democrats may propose increased financial and military aid, which could face delays. Additionally, Asian countries may reconsider investment pledges to avoid tariffs in light of these outcomes.
US stocks today: US stocks rise as oil tumbles on peace hopes, investors eye midterm election
US stocks opened higher on Monday as technology and AI related shares stabilised following October's selloff. Wall Street also drew support from a sharp decline in crude oil prices amid hopes of a US Iran peace deal. The Dow Jones, S&P 500 and Nasdaq Composite all advanced at the opening bell.
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Marvell to buy Lumentum in $115 billion deal in AI data-center bet
Marvell Technology is poised to acquire Lumentum in a groundbreaking all-stock transaction worth $115 billion. This strategic acquisition is intended to position Marvell more competitively against Broadcom in the rapidly growing AI sector. With this expansion, Marvell anticipates boosting its optical components production to satisfy the escalating demand in data transfer spurred by AI innovations in data centers.
Gold price prediction today: Gold down for 3rd consecutive day. Check outlook for November 2
Gold and silver prices experienced mixed movements on MCX ahead of Diwali due to inflation fears. Rising inflation triggered expectations for a potential US Federal Reserve interest rate hike later this year. Federal Reserve officials have suggested further interest rate increases are needed to address inflation. Silver futures gained while gold futures saw a decline in the domestic market.
Binance sees outflows stabilising as exchange returns online after $6.3 billion heist
Binance customers pulled $3.64 billion, or 2.1% of its assets, as the world's biggest cryptocurrency exchange resumed service after a security breach linked to North Korea saw $6.3 billion stolen from the platform last week.
Binance sees net outflows of $3.64 billion after resumption of withdrawals
On November 1, Binance reported net outflows of around $3.64 billion as withdrawals resumed after a pause. During this period, withdrawal volumes reached over $4.64 billion while deposits amounted to $1.01 billion. The exchange stated that the percentage of outflows represented 2.1% of its total assets. Despite the large outflows, Binance highlighted that deposit volumes remained substantial and withdrawal volumes began to stabilize.
Ferrari accelerates India push as 'market of the future', targets younger buyers while guarding exclusivity
Benedetto Vigna, CEO of Ferrari, who has been driving around Indian roads, talks about the need to be closer to the clients, how their Indian customer is younger than in the rest of the world and why Ferrari always makes one less car than what the market demands
Why did market fall today? Sensex falls 353 points, Nifty closes below 22,700 despite Jio’s solid debut; 4 triggers spooking D-Street
In a challenging session, the Indian stock market dipped into the red due to increased oil prices and a slump in IT stocks. Jio Platforms’ promising launch couldn't counter the broader fears stemming from escalating conflicts in the Middle East. Major indices dropped sharply, impacted by worries about inflation and fluctuating bond yields.
Piyush Goyal says India-Chile FTA talks ' quite ripe' for conclusion, Canada negotiations making progress
India is making progress on free trade agreements (FTAs) with several countries, with negotiations with Chile nearing conclusion and talks with Canada advancing, Commerce and Industry Minister Piyush Goyal has said. Discussions with the Southern African Customs Union have recently begun, while efforts to expand trade arrangements with Mercosur continue. Talks with the Gulf Cooperation Council and Israel remain slow amid the West Asia crisis.
'Tech debt coming due': AI-found flaw signals chaos ahead
The vulnerability to potential hackers was found by using a powerful model from OpenAI in one of the most high-profile demonstration of AI's cyber capabilities.
School assembly headlines October 23: Latest national, international, sports and business news
School assembly news headlines for October 23, 2026, cover major developments across India, international affairs, sports and business. Key updates include PM Modi’s diplomatic engagements, Sirpur’s UNESCO recognition, India’s medal-winning performances at the Asian Para Games, India’s T20 victory over New Zealand, and developments involving the Jio Platforms and OYO parent company IPOs. These concise headlines help students stay updated on current affairs and strengthen their general knowledge.
Anirudh Ravichander, Kavya Maran marriage confirmed: Kalanithi Maran invited Revanth Reddy for reception; when and where will the couple tie knot?
Anirudh Ravichander, Kavya Maran wedding news: Anirudh Ravichander and Kavya Maran's wedding buzz has gained momentum after Telangana CMO confirmed their Chennai reception is scheduled for November 21. Sun Group chairman Kalanithi Maran and his wife Kavery Maran invited Chief Minister A. Revanth Reddy. Reports of a November 11 wedding in Greece remain unconfirmed.
Bharat D2C Conclave 2026: From the ₹100 crore playbook to AI-led advertising and omnichannel strategies, founders on scaling India’s consumer brands
Inside the Bharat D2C Conclave 2026, which brought founders, investors and policymakers together to discuss the business decisions shaping India’s direct-to-consumer (D2C) ecosystem, from scaling revenues and expanding distribution to using customer data and navigating regulatory requirements.
AI stocks keep falling, but the rest of the market is supporting Wall Street
The S&P 500 was virtually unchanged in midday trading after erasing an early loss. The weakness for AI stocks dragged the Nasdaq composite down 0.4%, but the Dow Jones Industrial Average was up 440 points, or 0.9%, as of 11 a.m. Eastern time as the majority of U.S stocks climbed.
UPI MDR rollout pushed; India’s first quantum computer coming soon
Happy Wednesday! The implementation of MDR on select UPI payments has been deferred beyond Diwali. This and more in today’s ETtech Morning Dispatch.
School Assembly News Headlines, October 6, 2026: Check national, international, business, sports updates and thought of the day
School assembly news headlines October 6, 2026, cover major developments from India and around the world, including diplomatic ties, immigration, the Russia-Ukraine war, foreign worker visa rules, cricket updates and key business developments. The roundup also features a Thought of the Day by Nelson Mandela, giving students a concise mix of current affairs and inspiration for the morning assembly.
US Trade Representative Greer jokes Piyush Goyal is 'trade minister for life' as G20 trade talks open in Milwaukee
US Trade Representative Jamieson Greer opened a two-day G20 trade ministers' meeting in Milwaukee addressing key issues. During the event, Greer emphasized the need to rethink global trade governance and identified four pressing priorities. Union Commerce and Industry Minister Piyush Goyal participated actively, promoting India's position on trade agreements alongside his counterparts. The discussions included initiatives concerning steel overcapacity, forced labour, and the Most-Favoured-Nation principle.
Why is market falling today? Sensex slumps 700 points, Nifty below 22,600. 8 key factors rattling D-Street
Stock market Down Today: On Tuesday, the Indian stock market faced a substantial downturn. This sharp decline came after a previous drop exceeding 1.5% the day before. A staggering Rs 4 lakh crore was wiped off in market capitalisation, as investors reacted to rising oil prices and climbing bond yields.
Horoscope Today, September 29, 2026: Cancer Steps Into Leadership, Leo Explores Foreign Opportunities and Virgo Resolves Complex Matters With Care
Public standing, long-term asset growth, and joint problem-solving take center stage under today’s Aries Moon alignment. This planetary setup gives Cancer the authority to step into executive leadership roles, inspires Leo to pursue foreign trade opportunities and long-term asset planning, and encourages Virgo to resolve complex background audits through careful, vulnerability-based trust.
Gold rate today (September 28, 2026): Check 24k, 22k, 20k and 18k gold jewellery prices from Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers, Tanishq & IBJA in Delhi, Mumbai, Hyderabad & more cities
Gold rate today: Gold prices fell across major jewellery brands on Monday, September 28, 2026. Meanwhile, gold prices in the international and domestic markets have also come under pressure, with analysts pointing to rising bond yields, interest-rate expectations and continued uncertainty around the Strait of Hormuz.
Gold prices dip Rs 3,200/10 gram; silver falls Rs 6,700/kg as high oil prices raise rate hike bets. Time to sell?
Gold and silver prices fell sharply on MCX as rising oil prices fuelled inflation concerns and boosted expectations of further US rate hikes. Gold futures dropped Rs 3,214 per 10 grams, while silver declined Rs 6,661 per kg. Experts expect volatility amid crude prices, the dollar, geopolitical tensions and US-Iran developments.
ETMarkets Smart Talk | The next 12 months may be about capital saved, not returns made: Praveen Jagwani
Praveen Jagwani advises investors to prioritize capital preservation over chasing high returns. Highlighting the need for extensive diversification among asset classes, he warns that a forthcoming Federal Reserve rate hike may influence Indian markets, impacting the rupee and foreign investments. He recommends focusing on quality equities, high-grade debt, and resilient assets to ensure portfolio sturdiness, especially amid a fluctuating global economic landscape.
US hiring appetite is healthy as economy powers ahead
The labor market in the US is poised for notable growth as nonfarm payrolls are anticipated to climb in September. Economists foresee the unemployment rate holding steady at a low 4.1%. Promising economic data highlights strong consumer spending and substantial capital investments, painting a picture of economic resilience.
Trump gives Xi rare planeside welcome with 30m red carpet; trade truce extended
Chinese President Xi Jinping is visiting Washington to meet US President Donald Trump as part of a three-day event. During the visit, they are extending their trade truce until January 10 to allow further negotiations. The leaders will discuss a variety of topics, including trade, artificial intelligence, and tensions over Taiwan. A formal arrival ceremony at the White House is scheduled, along with a state dinner.
China, Hong Kong stocks decline as Trump-Xi talks face investor scepticism
China and Hong Kong stocks dropped on Thursday as investors doubted a meeting between US President Donald Trump and Chinese President Xi Jinping would yield key breakthroughs. Despite a two-month trade truce extension, market sentiment was dampened by tariff uncertainties, chip export curbs, and Wall Street weakness.
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