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TSMC approves USD 29.44 billion capital budget for capacity expansion amid AI demand

Taiwan Semiconductor Manufacturing Co. (TSMC) approved a capital budget of about USD 29.44 billion for expansion amid the ongoing artificial intelligence boom, according to a news report by Focus Taiwan.

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Business August 12, 2026 · 7:56 am

OpenAI COO Brad Lightcap departs after eight years “to start something new”

Brad Lightcap, Chief Operating Officer of OpenAI, announced his departure from the artificial intelligence company to start a new venture, on Tuesday.

Business August 11, 2026 · 10:15 pm

Manus to resume independent operations after Meta deal unravels amid regulatory hurdles

AI startup Manus has announced that it will soon resume operations as an independent company, with the firm asking some users to…

Business August 11, 2026 · 10:12 pm

Retail investors lose Rs 91,685 crore in equity F&O trading in FY26, losses down compared to FY25: Govt

In reply to a written question, Finance Ministry said the losses were recorded among individual/retail participants in the equity derivatives segment, based…

Business August 11, 2026 · 9:43 pm

SEBI proposes wider FPI participation in non-agri commodity derivatives

Foreign portfolio investors (FPIs) are set to get wider access to India's exchange-traded commodity derivatives market, a move that could deepen institutional…

Business August 11, 2026 · 8:59 pm

“Country of laws”: Lawyer Jim Walden defends US Court dismissal of criminal charges against Gautam Adani

Speaking with ANI, Walden emphasised that the court's compliance with the US Department of Justice (DOJ) motion to drop the indictment aligns…

Business August 11, 2026 · 8:19 pm

States face pressure to rein in deficits, boost revenue and increase capex: Crisil

Indian states will need to focus on sustainable spending, stronger revenue mobilisation and a revival in capital expenditure to contain fiscal pressures,…