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OpenAI launches into its boring is beautiful phase
Financial Express Kochi
|October 08, 2025
LIKE HAVING THE hottest A-lister on your arm, being a company merely associated with the OpenAI hype machine can send your street cred soaring these days.
On Monday, Advanced Micro Devices shares surged 24% on the back of a deal to sell OpenAI chips, adding some $63.4 billion to its market value. But the gains didn't end with AMD, as Bloomberg News reported:
Figma climbed as much as 16%, HubSpot added 11%, and Salesforce gained 4.2%. Online travel firms also saw brief pops, with Expedia Group, and TripAdvisor, both advancing at least 7%. Even shares of toymaker Mattel jumped nearly 6%. What these companies had in common was their involvement in the keynote address at OpenAI's developer day in San Francisco-the "nerdapalooza" for those building products using AI.
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Financial Express Kochi'den DAHA FAZLA HİKAYE
Financial Express Kochi
Energy security, industry at core of India’s clean power push: Joshi
INDIA IS RECASTING its clean energy transition as a core industrial and manufacturing strategy, with non-fossil sources now accounting for 52% of installed power capacity and total non-fossil capacity reaching 267 GW, Union Minister for New and Renewable Energy Pralhad Joshi said at the World Economic Forum (WEF) Annual Meeting in Davos.
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Forex reserves jump $14 bn to $701 bn on Fx swap, gold rally
FOREIGN EXCHANGE RESERVES rose to $701.36 billion as of January 16, compared with $687.19 billion a week earlier, the Reserve Bank of India (RBI) said on Friday.
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‘Retail AUM may touch ₹1 lakh cr by March’
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ICCT20 World Cup: Scotland likely to replace Bangladesh
A DESPERATE BANGLADESH Cricket Board (BCB) has written to the Dispute Resolution Committee (DRC) of ICC requesting it to overturn the governing body’s decision to hold the national men’s team’s T20 World Cup games in India but its appeal won’t be heard as it is outside the remit of the subcommittee.
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Rupee sinks to all-time low, reports steepest weekly fall in 6 months
THE RUPEE FELL to a record low on Friday and posted its steepest weekly decline in six months, weighed by sustained foreign outflows and hedging by importers.
1 mins
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Financial Express Kochi
IPOs in Dec moderated from ’25 peak: Sebi bulletin
FUNDRAISING BY INDIAN companies through initial public offerings (IPOs) relatively moderated in December compared to the peak levels in 2025, though the number of new issuances was the highest and the issuance size was the third highest globally, a bulletin released on Friday by the Securities and Exchange Board of India (Sebi) showed.
1 min
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Financial Express Kochi
States' combined fiscal deficit rose to 3% in 2024-25: RBI report
STATES' CONSOLIDATED GROSS fiscal deficit rose to 3.3% of gross domestic product (GDP) in 2024-25, after staying below 3% for the previous three years, according to a Reserve Bank of India's (RBI) annual report on state finances released on Friday.
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January 24, 2026
Financial Express Kochi
Prepare orders for Nvidia chips: China to firms
CHINESE OFFICIALS HAVE told the country’s largest tech firms including Alibaba Group Holding they can prepare orders for Nvidia’s H200 AI chips, suggesting Beijing is close to formally approving imports of components essential to running artificial intelligence.
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January 24, 2026
Financial Express Kochi
Tata Power secures World Bank loan for its Bhutan project
THE WORLD BANK sanctioned long-term financing of $815 million for the 1,125 MW Dorjilung Hydropower Project (DHPL) in Bhutan.
1 min
January 24, 2026
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