April 2, 2026

soaring

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Microsoft-IREN deal: Tech giant inks $9.7 billion AI cloud pact for Nvidia chips; aims to bolster data centre capacity amid soaring AI demand

contact@dailyupdatesindia.com02 mins

Microsoft has entered into a $9.7 billion cloud services agreement with Australian artificial intelligence infrastructure provider IREN, a deal that will give the tech major access to Nvidia chips as it scales its AI and cloud operations, AP reported.The five-year agreement includes a 20% prepayment and is aimed at supporting Microsoft’s efforts to meet the…

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Indian students rethink America: Visa hurdles, soaring costs, job worries and safety fears bite

contact@dailyupdatesindia.com05 mins

In recent years, the United States has been a beacon for ambitious Indian students seeking world-class education, especially in science, technology, engineering, and mathematics (STEM) fields. According to In Genius Prep, India overtook China as the largest source of international students in the US during the 2023-24 academic year, with a record 331,833 enrolments —…

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Gold rally: Soaring prices cool festive demand; experts see short-term correction but back annual SIP buying

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Gold may be synonymous with festivals and weddings in India, but this season the metal’s dazzling rise has kept many buyers away. Even as shopfronts sparkle with festive offers, record-high prices have dulled demand for the yellow metal.On October 7, gold futures on the Multi Commodity Exchange (MCX) scaled Rs 1,21,111 per 10 g, marking…

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Gold loans surge as small borrowers shun MFIs: 122% jump in June, shows RBI data; soaring prices, lower rates fuel shift

contact@dailyupdatesindia.com02 mins

Lower-income borrowers with limited income are increasingly turning to gold loans instead of microfinance institutions (MFIs) to meet urgent financial needs. Rising gold prices, lower gold-loan interest rates and stricter MFI lending norms are driving the trend. RBI data show gold-backed loans jumped 122 per cent year-on-year until June, while the Microfinance Industry Network reported…

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