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India Soars as Pakistan Stumbles: A Tale of Two Stock Markets

1 week ago | startuptalky.com | Saksham Mishra

In the wake of the recent Pahalgam terror attack and heightened tensions between India and Pakistan, Indian stock markets have shown the most amazing resilience. The Nifty 50 and BSE Sensex have not only withstood the geopolitical storm but have managed to post gains. This is a very good sign for investor confidence. Even on May 7, when Indian forces executed Operation Sindoor targeting terrorist hubs across Pakistan and Pakistan-occupied Kashmir, Indian indices closed in positive territory.
Starlink Secures Approval to Launch Satellite Internet in India

1 week ago | startuptalky.com | Saksham Mishra

— 2 min read Elon Musk's satellite internet project has finally got a go-ahead from the Indian government to set up operations after nearly three years of wading through bureaucratic channels. Starlink now moves toward getting its Global Mobile Personal Communication by Satellite (GMPCS) license cleared.
Google Faces Market Jitters as Apple Points to AI-Driven Decline in Searches

1 week ago | startuptalky.com | Saksham Mishra

— 2 min read The threat to Google's long-standing dominance in search may be affecting its user base. Signals point to changing user behavior. At a federal antitrust trial, Apple executive Eddy Cue testified that for the first time ever, searches through Apple's Safari browser dropped last month. According to Cue, more and more people are now using AI tools to find information, rather than traditional search engines like Google's.
Doesn't affect doing our job at all: US Fed Chairman on Trump's criticism

1 week ago | startuptalky.com | Saksham Mishra

The benchmark interest rates of the US Federal Reserve were kept at between 4.25% and 4.50% in the most recent policy meeting held on May 7, 2025, under the direction of Chairman Jerome Powell. This meeting and its outcome were instead more about the steady and cautious approach the Fed is trying to telegraph to markets.
India’s Investment Outlook Holds Steady Despite Pakistan Conflict

1 week ago | startuptalky.com | Saksham Mishra

Concerns have been raised that the recent escalation between India and Pakistan could shake foreign investment sentiment. However, analysts suggest the actual impact may be muted. India’s economy, now valued at USD 4 trillion, has minimal direct trade with Pakistan, limiting immediate financial exposure. In fact, despite cross-border missile strikes grabbing headlines, local equity, currency, and bond markets showed almost no reaction.
IBM’s AI Strategy Shifts Jobs, Spurs Growth

1 week ago | startuptalky.com | Saksham Mishra

According to IBM Chief Executive Arvind Krishna, the company acknowledges that artificial intelligence has taken over the jobs of several hundred human resources workers. But Krishna doesn't want people to think of the shift as just another instance of downsizing. IBM, he argues, has actually seen net hiring in areas such as programming, sales, and marketing, fields that require interaction with and judgment by humans.
Govt Restricts Indian Satellite Internet Devices to Domestic Use Only

1 week ago | startuptalky.com | Saksham Mishra

The DoT (Department of Telecommunications) has laid down fresh guidelines for satellite internet companies, further detailing its regulatory framework. Companies such as SpaceX's Starlink still await final approval to beam down satellite internet to Indian customers. The fresh guidelines apply to two essential licenses, Unified License and Global Mobile Personal Communications by Satellite.
OpenAI Stays Nonprofit-First, Adjusts Growth Strategy

1 week ago | startuptalky.com | Saksham Mishra

OpenAI has reverted to its previous course of maintaining control of its business operations, revealing that its nonprofit side will retain the authority of the company. CEO Sam Altman conveyed these changes in a pitch to employees. The apparently morale-boosting news item for OpenAI is that Altman's side of the company is not supposed to take over control in any significant manner that would hamper the mission of realizing a safe and beneficial future with advanced AI.
Ather IPO Delivers Big Wins for Early Investors Despite Soft Market Debut

1 week ago | startuptalky.com | Saksham Mishra

Ather Energy, an electric two-wheeler company with considerable backing from investors, made its public market entry on Indian stock exchanges this week with an underwhelming response. The company’s IPO, available from April 28 to April 30, had set an offer amount of INR 2,981 crore, of which it had collected INR 1,340 crore from anchor investors just ahead of its opening. Despite some apparent early enthusiasm from investors, the company’s shares opened and then closed below their debut price.
Asia’s Currency Surge Signals Shift Away from Dollar Reliance

1 week ago | startuptalky.com | Saksham Mishra

U.S. dollar stability is coming under scrutiny as Asian currencies have made some impressive gains against it. Markets have been reacting, with some of the movement tracing back to a large wave of dollar selling triggered in Taiwan. What's notable is how sharp and widespread these gains are across not just one or two, but several currencies: the Singapore dollar, the Korean won, the Malaysian ringgit, and even the Hong Kong dollar are all areas where we can see this movement reflected.