Andhra Pradesh cotton farmers hope prices hit ₹9,000-₹10,000/quintal amid El Niño crop-loss fears, as traders buy early and CCI readies MSP procurement.

Former Google CEO Eric Schmidt is set for one of the biggest personal paydays from Anthropic’s upcoming IPO.

New York City comptroller Mark Levine has called on artificial intelligence (AI) company Anthropic to delay its highly anticipated public market debut in

COIMBATORE: Unchecked copper price rises have triggered fresh turbulence for Coimbatore’s micro, small and medium enterprises (MSMEs), where the metal

High gold prices are pushing middle-class Indian buyers to shift to silver during the festive season, lifting silver’s revenue share for jewellers to 25-30% from 10% two years ago. The industry expects Diwali-season silver purchases to rise 17-18% year on year, while August import value jumped 127% to over $1 billion. Some investors are also betting that silver prices could double from around Rs 2.3 lakh per kg.

After a monthly drop of more than 6%, physical gold demand is picking up across key Asian markets. In India, dealer discounts narrowed sharply to as much as $14 an ounce from up to $43 an ounce previously, while in China bullion traded at premiums of $5 to $10 an ounce over the global benchmark, signalling firmer end-user buying. Singapore, Hong Kong and Japan traded in relatively tight ranges, reflecting bargain-hunting after the pullback.

AI company Anthropic is preparing what it says could be the largest IPO in history, targeting a $2 trillion valuation. The prospectus shows the company lost more than $50 billion in the two years ending in 2025 and has more than $500 billion in spending commitments in the coming years. It also says 47% of 2025 revenue came from big-tech partners that also provide computing power. Nearly one-third of the filing is devoted to risk factors, outweighing the space used to describe the business, according to Reuters.

Maharashtra’s sugar commissioner has allowed sugar mills to start crushing sugarcane before Oct 15 in an effort to increase supply and curb elevated sugar prices. The state advanced the start of the crushing season to Oct 15 from Nov 1, the date allowed last year, following a meeting chaired by Chief Minister Devendra Fadnavis. Retail sugar prices have eased to Rs 50-55 per kg from recent highs but remain above pre-Aug levels. India’s central government had approved imports of 10 lakh tonnes of sugar, though only about 2.5 lakh tonnes is expected to arrive.

Anthropic disclosed in its IPO prospectus that it posted a $42 billion net loss in 2025, including a $34 billion accounting charge tied to financing liabilities, while operating losses topped $8 billion. Revenue jumped 12-fold to nearly $4.6 billion, but compute and infrastructure spending reached $7.33 billion, more than half of $12.65 billion in operating expenses. The company said it has $518 billion in future cloud and infrastructure commitments and is seeking a public valuation of more than $2 trillion, about double its estimated $965 billion private valuation in May.