Global Markets

Anthropic has raised $65 billion in a Series H funding round at a post-money valuation of $965 billion, surpassing rival OpenAI's $852 billion valuation for the first time. The company's run-rate revenue has crossed $47 billion and it is on pace for its first profitable quarter. Read ahead to know more.

Taiwan has overtaken India to become the world's fifth-largest stock market by market capitalisation, powered almost entirely by a 49% rally in chipmaker TSMC amid the global AI boom. India has slipped to sixth place as foreign outflows, high energy costs, and the absence of AI-linked stocks weigh on its markets. Read ahead to know more.

RBI Governor Sanjay Malhotra has said the Indian rupee is not overvalued and may in fact be undervalued following its recent depreciation, as the currency approaches the 100-per-dollar mark amid the ongoing US-Iran war. Read ahead to know more.

Marco Rubio’s India visit sharpened focus on energy security, trade tensions, and defence ties. Indian refiners, LNG firms, and exporters are closely watching possible shifts in US energy supplies and bilateral trade policy.

Capital Group invested over $2 billion in Adani firms while steadily reducing Reliance holdings amid shifting investor confidence trends.

Venezuela has emerged as India's third-largest crude oil supplier in May, overtaking Saudi Arabia and the US, as Indian refiners stepped up purchases of cheaper Venezuelan crude amid ongoing West Asia conflict disruptions. Read ahead to know more.

NSE IX plans to expand its Global Access Platform to 30 overseas markets by FY27, simplifying global investing for Indians.