Emcure Pharma Executive Director Namita Thapar reacted to Hotmail Co-founder Sabeer Bhatia's '99% Indian engineers give gyaan' comment, saying, "I lived in US for eight years and met many Indians...who loved bashing India." Addressing Bhatia, she said, "It's easy to move to another country and give gyaan...Real impact and challenge lies in staying in your own country and facilitating change!"

Zerodha Co-founder Nithin Kamath on Wednesday advised investors to "take a break from trading and recharge" as global markets witness widespread volatility over US' reciprocal tariffs. "Over the next 10 days, there are only four trading days...Good time to follow this advice," Kamath said. "Judging by what's happening, you're going to need it," he added.

Hotmail Co-founder Sabeer Bhatia said, "99% of people who graduate as engineers in India join management and start giving 'gyaan' (knowledge) to everybody." He asked, "Where is the work ethic where they really work with their hands and build some stuff?" Sabeer also said that India is lagging behind China because Indians focus on outsourcing technology over original software development.

Perplexity AI CEO Aravind Srinivas said venture capitalists (VCs) in India "are still very risk averse". "They like to invest in things that they wouldn't lose money on," he stated. "⁠The mindset should be like- 95% of my investments would fail, but 5%...would return me 100-1,000 times. That mindset doesn't exist in India VCs," he added.

Ather Energy is expected to reduce its IPO size from $400 million to $350 million, as per media reports. The decision comes amid uncertain market conditions and low investor confidence. The company is also likely to lower its post-money valuation to around ₹12,800 crore. Updated draft papers may soon be filed with SEBI, reflecting the changes.

Let’s Try has secured $2.5 million in funding led by Singapore’s SWC Global. Backed by investors like Wipro Consumer and Aman Gupta, the brand aims to scale operations and launch health-forward snacks. Founded by Nitin Kalra, Let’s Try offers premium, affordable snacks. The funds will boost distribution, marketing, and innovation as the brand targets ₹1,000 crore revenue by 2028.

Notion Calendar has introduced its new Scheduling feature, streamlining the process of sharing availability and booking meetings without the need for third-party tools. Announced on the official Notion Calendar X account, the company also shared a video showcasing the feature's convenience and versatility.

The Nifty Bank index slid by over 450 points to 50,055 on Wednesday, with banking stocks falling up to 2%, after RBI cut repo rate by 25 bps to 6%. Bank of Baroda emerged as the biggest loser, falling over 2%. Canara Bank, Punjab National Bank, SBI, ICICI Bank's stock also fell amid concerns over narrowing interest margins for banks.

Oil prices dropped to their lowest in more than four years, with Brent futures losing $2.38, or 3.79%, to $60.44 a barrel on Wednesday. Oil prices plummeted on looming demand concerns and potential supply surplus as the US' reciprocal tariffs came into effect. The US' 104% tariffs on China also took effect amid an escalating tariff war between the countries.

RBI Governor Sanjay Malhotra on Wednesday reduced the GDP growth estimate for the current financial year by 20 basis points to 6.5% due to policy and trade uncertainties. On a quarterly basis, real GDP is estimated to be 6.5% in Q1, 6.7% in Q2, 6.6% in Q3 and 6.3% in Q4. RBI expects inflation to be at 4% in FY26.