Vijay Sankar named next Ficci president
https://timesofindia.indiatimes.com/business/india-business/vijay-sankar-named-next-ficci-president/articleshow/135338742.cms

Amazon shares sink 7% as AI spending fuels cash-burn concerns, overshadow cloud growth
https://timesofindia.indiatimes.com/business/international-business/amazon-shares-sink-7-as-ai-spending-fuels-cash-burn-concerns-overshadow-cloud-growth/articleshow/135347356.cms

Amazon's shares dropped significantly in after-hours trading following disappointing earnings and substantial investments in artificial intelligence. The company reported a net income decline and lower-than-expected forecasting for the holiday season. Its cloud computing unit, Amazon Web Services, saw robust growth but raised concerns over cash burn from high capital expenditure. Additionally, Amazon's advertising revenue growth missed analysts' expectations for the first time in seven quarters.

Trent shares jump 7% after strong Q2 results, Zudio's 1,000-store milestone
https://timesofindia.indiatimes.com/business/india-business/trent-shares-jump-7-after-strong-q2-results-zudios-1000-store-milestone/articleshow/135350714.cms

Trent's shares increased by 7% on the stock market after reporting a 25% increase in net profit. Revenue from operations also rose by 22%, contributing to significant financial growth. The company opened its 1,000th Zudio store as part of its ongoing expansion strategy. Trent's food and grocery segment, Star, also showed robust growth despite market competition. The chairman expressed optimism about the company's future potential and business trajectory.

Are banks cyber-ready? RBI seeks proof of compliance amid rising attacks
https://timesofindia.indiatimes.com/business/india-business/are-banks-cyber-ready-rbi-seeks-proof-of-compliance-amid-rising-attacks/articleshow/135353767.cms

In light of increasing cyberattacks on financial institutions, the Reserve Bank of India has shifted its focus to enhancing cybersecurity protocols. Banks are now mandated to fortify their application programming interfaces to avert potential security breaches. Alarming recent incidents, such as data leaks and unauthorized transactions affecting leading banks, have raised concerns.

Global LNG prices jump 6%: Is India's gas affordability under pressure
https://timesofindia.indiatimes.com/business/india-business/global-lng-prices-jump-6-is-indias-gas-affordability-under-pressure/articleshow/135358416.cms

The global energy sector is currently undergoing major upheavals that have pushed LNG prices and transport expenses to new heights. Indian oil marketing firms are suffering marked losses on petrol and diesel due to the surge in crude procurement costs. Though there has been a rebound in Middle Eastern crude exports, lingering supply chain challenges remain.

Rupee Ends Session Strong: gains 33 paise to 94.93 vs dollar; IMF backs FX flexibility
https://timesofindia.indiatimes.com/business/india-business/rupee-gains-33-paise-as-dollar-weakens-sensex-and-nifty-end-higher/articleshow/135359965.cms

Closing at 94.93 against the US dollar, the rupee gained 33 paise in trading, buoyed by a soft dollar and positive domestic bond market conditions. Yet, high crude oil prices and escalating tensions in the Middle East limited its gains. Analysts caution that geopolitical factors may create hurdles ahead. The selling trend by foreign institutional investors also continues to shape the overall market environment.

Gold hits one-year low, silver slips below $50 as inflation fears bite
https://timesofindia.indiatimes.com/business/india-business/gold-hits-one-year-low-silver-slips-below-50-as-inflation-fears-bite/articleshow/135367179.cms

Gold and silver prices have plummeted to their lowest in a year as energy costs surge and inflation remains a pressing concern. The decline in precious metals mirrors waning investor confidence, driven by fears over persistently high interest rates set by the US Federal Reserve. Furthermore, weak demand from major Asian markets is further stifling gold sales, contributing to the downturn seen in platinum and palladium as well.