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Wall Street posts biggest daily drop in three months, Trump Greenland tariff threat triggers wide selloff

Economictimes.indiatimes.com 

Major Wall Street indexes experienced their largest one-day drops in three months, driven by renewed tariff threats from President Trump against Europe. This "risk-off" sentiment boosted gold to record highs and pressured U.S. Treasuries, while Bitcoin also declined. The selloff, triggered by Trump's proposed tariffs on European goods, raises concerns about market volatility.



Tax structure for MNCs with India biz may be reworked

Economictimes.indiatimes.com 

India is considering revamping its permanent establishment tax framework, including formula-based profit attribution, to protect taxing rights, offer clarity to MNCs and digital firms, and reduce long-running tax disputes.

Fabless startup Sensesemi raises Rs 25 crore to build edge-AI chips

Economictimes.indiatimes.com 

Bengaluru-based fabless semiconductor startup Sensesecmi Technologies has raised Rs 25 crore (about $2.75 million) in a seed round led by Piper Serica, with participation from LetsVenture Angel Fund, Sun Icon Ventures, MyAsiaVC, White Pine Investments, and Jain Oncor.

US-based voice AI startup Cartesia to launch operations in India: CEO Karan Goel

Economictimes.indiatimes.com 

San Francisco-based startup Cartesia, which builds real-time voice AI agents, is launching operations in Bengaluru with a $2.5 million investment. The India office will hire researchers and support clients, helping build solutions for Indian business needs. Cartesia’s platform powers enterprises and startups with low-latency, scalable voice AI infrastructure.

Hospitals, insurers rejig operations as DPDP kicks in next year

Economictimes.indiatimes.com 

India’s healthcare and health insurance sectors are ramping up data protection as the DPDP Act comes into force in May 2027. Hospitals and insurers are embedding privacy into operations, updating policies, and investing in compliance tools. The legislation is seen as both a regulatory mandate and an opportunity to build long-term trust in the space.

AI-native deals, services strengthening IT spends: LTIMindtree CEO Venu Lambu

Economictimes.indiatimes.com 

LTIMindtree is seeing rising demand for AI-led and AI-native services, even as discretionary enterprise spending remains uncertain. The company reported 6.1% year-on-year growth and is targeting double-digit growth by Q4. In a bid to expand its domain capabilities and geographical presence, the company is looking for acquisition opportunities, chief executive Venu Lambu said.

Regulatory clarity key for crypto adoption: Binance co-CEO Richard Teng

Economictimes.indiatimes.com 

Binance co-CEO Richard Teng says clearer crypto regulations are needed for wider adoption in India, even as the US leads the sector. He views crypto as complementary to UPI and sees AI and blockchain as mutually reinforcing technologies. Teng also explained why enthusiasm around central bank digital currencies is dying globally.


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