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Internet Stocks Tumble 23% in Q1 as Macro Worries Shake Tech Sector, Says BofA
Global technology markets faced a sharp correction in the first quarter of 2026 as Internet stocks recorded one of their steepest declines in recent years. According to a new research note by Bank of America (BofA), the sector dropped nearly 23 percent during Q1, significantly underperforming broader equity markets. The fall highlights how macroeconomic uncertainty,…

Goldman Sachs completes $2B Innovator deal, ETF assets jump to $90 billion
The global investment giant Goldman Sachs has completed its $2 billion acquisition of Innovator Capital Management, a move that significantly expands its exchange-traded fund business and lifts its ETF assets to about $90 billion. The deal reflects the growing demand for active and structured ETFs among institutional and retail investors worldwide. By integrating Innovator’s product…

Rediff IPO Alert: Company Files Confidential Papers with SEBI, Eyes ₹600–800 Crore Issue
India’s primary market has received fresh momentum as the Rediff IPO moves closer to reality. Rediff.com India Ltd has officially filed confidential preliminary papers with the Securities and Exchange Board of India (SEBI), signaling its intention to launch a public issue in the near future. The proposed offering is expected to raise between ₹600 crore…

India’s defence exports hit a record $4.1 billion in FY26, up 62% YoY
India’s defence sector has achieved a historic milestone as the country’s defence exports surged to ₹38,424 crore, about $4.1 billion, in FY26, recording a strong 62.66 percent year-on-year growth compared with ₹23,622 crore in FY25. The sharp rise highlights growing global confidence in India’s indigenous defence manufacturing capabilities and reflects the government’s strategy to turn…

FTSE 100 LIVE: Index falls 0.7% as Trump warns Iran will be hit ‘extremely hard.’
The FTSE 100 moved lower in early London trading after geopolitical tension increased following strong comments from former US President Donald Trump regarding Iran. The benchmark index dropped about 0.7 percent as investors reacted cautiously to the warning that Iran could face extremely hard consequences if tensions escalate. Market participants often respond quickly to geopolitical…

Silver Rate Today (April 2): 100g at ₹26,700, 1kg at ₹2.67 Lakh. Check 999 and 925 Prices
The Silver rate in India on April 2 shows notable market activity as precious metal prices respond to global economic signals and currency movements. Investors, jewelry buyers, and commodity traders are closely tracking silver prices as volatility continues across international markets. According to the latest market updates, silver is trading near ₹26,700 per 100 grams…

Bitcoin slides to $66.5K as Trump warns Iran will be hit ‘extremely hard.’
The price of Bitcoin fell sharply to around $66,500 after geopolitical tensions increased following strong warnings from Donald Trump about potential military action against Iran. Global investors quickly reacted to the news, pulling money from risky assets such as cryptocurrencies and moving toward safer options like gold and the US dollar. The sudden drop also…

ChatGPT, Anthropic May Route Extremist Users to Third-Party Tool for Deradicalisation: Report
Artificial intelligence companies are expanding safety systems as online risks evolve. A recent report suggests that ChatGPT and rival AI platforms developed by Anthropic may soon direct users showing extremist tendencies toward specialized third-party deradicalisation tools. The initiative reflects growing global pressure on AI developers to prevent misuse while maintaining open access to technology. The…

Aurobindo Pharma, Biocon, Glenmark Shares Plunge Over 5% as Nifty Pharma Drops 3.5%
The Indian stock market witnessed heavy selling in pharmaceutical companies as sectoral weakness dragged major stocks lower. Shares of Aurobindo Pharma, Biocon, and Glenmark Pharmaceuticals declined more than 5%, while the Nifty Pharma index dropped nearly 3.5%, emerging as one of the worst-performing sectoral indices of the session. The broad-based fall reflected global concerns, tariff…