
Alphabet Shares Crash: $500 Billion Wiped Out in Worst-Ever Single-Day Fall
Alphabet shares suffer their worst-ever single-day fall as investors worry over AI spending and slowing search ad growth.
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Alphabet shares suffer their worst-ever single-day fall as investors worry over AI spending and slowing search ad growth.

The Finance Ministry clarifies that the reserve price for the IDBI Bank sale remained unchanged while the second bidding round boosted the value.

Binance suspends deposits and withdrawals after a potential security breach. Over $3 billion in assets frozen as the exchange investigates a hack.

DoorDash announces a massive $17 billion deal to acquire Instacart, merging food delivery with grocery tech to challenge Amazon and Walmart.

India Post and UTI Mutual Fund extend partnership to provide doorstep KYC verification, boosting financial inclusion in remote areas.

Assam CM inaugurates a Rs 55 crore Green AAC Block plant in Tinsukia, replacing 10 crore red bricks annually and boosting regional employment.

ASSOCHAM and a German parliamentary delegation meet in New Delhi to boost trade in defence, railways, and technology partnerships.

Sadar Bazar traders seek postponement of the INDIA bloc rally on Nov 1 to protect Rs 25,000 crore in Diwali business turnover.

Coal India reports a 57% jump in Q2 net profit and announces an interim dividend of Rs 10.25 per share. Get the full financial breakdown here.

European space firm Open Cosmos plans to invest in India's space sector after CEO Rafel Jordà Siquier's high-level meetings with PM Modi.

IndiGo reports a net loss of Rs 1,879 crore for Q2 FY27, hit by soaring fuel costs and rupee depreciation despite a 25.9% rise in revenue.

SEBI reports a record-breaking September with mainboard IPOs raising Rs 40,355 crore, driving total primary market fundraising to Rs 1.68 lakh crore.

India's pharmaceutical exports grew 4.9% to USD 16.14 billion in H1 FY27, driven by a massive surge in European demand and emerging markets.

NCLT sets October 31 deadline for Supreme Infrastructure to resolve ₹2,200 crore debt with lenders including SBI and PNB.

MoSPI data shows retail trade surged by 19.9% in August 2026, while air transport and entertainment sectors saw a decline.

Commerce Minister Piyush Goyal outlines a vision for India to become a globally recognised manufacturing nation through innovation and trade.

BSE Sensex and Nifty 50 rally as US Federal Reserve holds interest rates steady, sparking institutional buying and a ₹5 lakh crore market cap boost.

Commerce Minister Piyush Goyal claims withdrawing from the RCEP trade bloc prevented a surge of Chinese goods and saved India's manufacturing sector.

EY predicts India's trade surplus with the US may nearly halve by 2031 if imports grow faster than exports, while total trade hits $500 billion.

Indian stock markets rally as the US Fed keeps rates unchanged. Sensex jumps 905 points while Nifty 50 closes higher amid institutional buying.

India's economy grew by 7.35% in the July-September quarter, driven by strong GST collections and auto sales, according to the Finance Ministry.

PwC's Ranen Banerjee explains why foreign investors are pulling money from Indian equities, citing AI trends, bond yields, and high valuations.

Hemang Gor of Axis Direct predicts a positive bias for auto stocks while warning of profit booking in IT counters like TCS and Infosys.

Festive demand may ease the decline in India's domestic air passenger traffic this October, according to a new report by Jefferies.