AI chip startup Rebellions, which is backed by Samsung and SK Hynix, aims to file for an IPO in South Korea next year, CEO Sunghyun Park said. He further said that the firm will go public in the first or second quarter of next year. Rebellions, which designs neural processing units, is headquartered in South Korea and operates in US.

Sensex fell over 1,900 points before recovering to end in red at 76,503.6 on Wednesday, its biggest one-day loss in three months, after US President Donald Trump said the Iran ceasefire was "over". Meanwhile, US also attacked Iran and revoked an Iranian oil sale waiver. AI sell-off in global markets and a surge in oil prices also affected markets.

China on Wednesday flagged a "backdoor" security risk in US-based AI startup Anthropic's Claude Code. The country's National Vulnerability Database (NVDB) said Claude Code contains an inbuilt monitoring system which can transmit sensitive information to remote servers without consent. The NVDB further asked users to uninstall or upgrade from affected Claude Code versions 2.1.91 through 2.1.196.

Ram Mandir trust received ₹398.24 crore in FY26, including ₹151.80 crore in interest income, ₹149.36 crore in donations and offerings, and the remaining from grants and other receipts, Moneycontrol reported. The trust's corpus stood at ₹1,876.30 crore at year-end. It acquired 2.57 acres of land and holds 323.31 kg of gold-like items and 1,518 kg of silver-like items, Moneycontrol added.

Indian investors lost ₹8.23 lakh crore in just six hours of trading on Wednesday as US President Donald Trump said the ceasefire with Iran had come to an end. Trump announced the US-Iran war's resumption after three tankers were hit by projectiles in the Strait of Hormuz. The investor wealth wipe-off came as Sensex tanked 1,677 points to 76,503.60.

Gold and silver prices crashed in the Indian futures market on Wednesday after US President Donald Trump said that the Iran ceasefire is over and called its leadership "scum". As per MCX data, gold futures with August expiry crashed 1.65% to ₹143000 per 10 gm, while silver futures with September expiry fell 3.17% to ₹2,23,548 per kg.

DBS Bank’s Radhika Rao said lower oil prices could lift India’s FY27 growth closer to 6.8-7% by easing pressure on inflation, the current account and the rupee. She said RBI’s non-rate measures should support capital inflows, while monsoon progress, energy security and supply-chain expansion remain important risks to watch.

Sensex fell over 1,600 points to end at 76,503.6 on Wednesday after US President Donald Trump said that the ceasefire with Iran was "over". Meanwhile, Nifty crashed over 2% to end below 23,890 levels. Oil prices jumped over 6% for both Brent crude and WTI futures to $78.8/barrel and $74.9/ barrel, respectively, as per the data from CNBC.

Vasundhara Oswal, daughter of billionaire Pankaj Oswal, faced racism in Switzerland. She shared a video showing her Swiss neighbour demanding that her family switch off their lawn mower, telling them, "You are not in India." "Racism...in Switzerland is...unspoken of. Targeted specifically towards different skin tones that are doing better than the average local population," she wrote.

Oil prices surged over 6% to hit a two-week high on Wednesday. This comes after US President Donald Trump said that the ceasefire with Iran is "over" and labelled the country's leadership as "sick" during a NATO summit in Turkey. While Brent crude with September delivery hit $78.8/barrel, WTI futures with August delivery peaked to $74.9/ barrel, as per CNBC.