Saturday Feeling by Lounge

1 day ago | livemint.com | Martin Baccardax

Broadcom shares traded lower Friday following a mixed set of fiscal second-quarter earnings that should still underscore the semiconductor and software company’s compelling position in the artificial-intelligence-investment race. Broadcom, a tech group valued at just $125 billion five years ago, is now one of three key AI suppliers. Broadcom, with a market cap of more than $1.2 trillion, trails Nvidia in terms of market value, which now has a market cap of $3.42 trillion.

2 days ago | livemint.com | Rituraj Baruah

New Delhi: Union minister for petroleum and natural gas, Hardeep Singh Puri, on Friday said state-run oil refiners have floated tenders for 42 kilotonne per annum of green hydrogen capacity, and tenders for another 128 kilotonne will be issued. Taking to social media platform X post a stakeholder consultation, the minister said these initiatives will be implemented at an estimated cost of ₹2 trillion.

2 days ago | livemint.com | Rituraj Baruah

Speaking to mediapersons in Delhi on the sidelines of a seminar on critical mineral processing, V.L. Kantha Rao, secretary to the ministry of mines, said that a scheme with an allocation of about ₹1,500 crore is in approval stage with the ministry and would also require the nod of the Union cabinet. “We have thought of incentivizing the recycling of critical minerals. Rare earths are part of critical minerals.

2 days ago | livemint.com | Gopika Gopakumar

Mumbai: In a move to invigorate India’s slowing economy and in the wake of consistently easing inflation, the rate-setting committee of India’s central bank slashed the repo rate by 50 basis points (bps) on Friday, twice the 25 bps that was widely expected. Further it complemented the policy rate cut with a 100 bps reduction in the cash reserve ratio (CRR). A basis point is one-hundredth of a percentage point.

2 days ago | livemint.com | Pooja Singh

Ayesha Kathuria, 19, is sizing up my “very millennial" outfit—oversized white shirt and printed black ankle-length skirt. Red-and-white crew socks would have made my outfit “pop", as would have a light blue bodysuit, is her verdict. We are meeting in a fast-fashion store in a south Delhi mall. Kathuria pulls a pair of cropped trousers from a rack, and says, “This lavender pink screams ‘me’.