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Consumer inflation in India is projected to ease to an average of 4% in the current financial year, down from 4.6% in FY25, according to the latest report by Crisil.

NEW DELHI: In a rare move, India has enhanced the flying rights of a Gulf nation when it raised weekly seats to 18,000 per week between India and Kuwait from

US stock indices rose on Wednesday after a better-than-expected wholesale inflation report lifted hopes that the Federal Reserve may resume rate cuts later this year.The S&P 500 inched up 0.2%

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CoreWeave shares soar 17% after $2 billion debt offering

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Michael Intrator, Founder & CEO of CoreWeave, Inc., Nvidia-backed cloud services provider, gestures during the company’s IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025. 

Brendan Mcdermid | Reuters

CoreWeave shares popped more than 18% after announcing a $2 billion debt offering.

The renter of artificial intelligence data centers said it had priced the notes at 9.25%, with a June 2030 maturity date. The deal represents a $500 million increase from its initial announcement.

CoreWeave said it plans to use the capital to pay off outstanding debt. The company confirmed to CNBC that CoreWeave was five times oversubscribed.

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