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AI trading concept. 3D renderingBlackjack 3D | E+ | Getty ImagesThis report is from this week’s CNBC Inside India newsletter, delivering timely and insightful news and market commentary on emerging powers. Subscribe here.big storyIndian IT stocks are facing their steepest monthly decline since the 2008 global financial crisis, with the Nifty IT index set to fall 20% this month as concerns about AI-driven disruption weigh on software stocks globally. At the Mega India AI Summit held last week, leading technology companies announced partnerships with leading IT services companies in India to accelerate AI adoption across the enterprise. Tata Consultancy Services,…

Jonathan Ra | Null Photo | Getty Imagesshares of C3 AI Shares fell 17% on Thursday to trade at record lows after the company reported disappointing third-quarter results and announced layoffs of more than a quarter of its workforce.The enterprise artificial intelligence company behind the ticker AI reported third-quarter revenue of $53 million, far below LSEG’s estimate of $76 million.The company reported a loss of 40 cents per share, while analysts had expected a loss of 29 cents per share. “What I consistently hear is that every CEO has made AI a top strategic priority and wants to realize tangible…

Borge Brende announced on February 26th that he will step down as chairman of the World Economic Forum (WEF).Bloomberg | Bloomberg | Getty ImagesBorge Brende, chairman and CEO of the World Economic Forum, announced on Thursday that he will resign, weeks after the forum launched an independent investigation into its ties to sex offender Jeffrey Epstein.Brende, who took over as WEF chairman in 2017, announced his decision in a statement following revelations by the US Department of Justice that the Norwegian had three business dinners with Epstein and also corresponded with the disgraced investor via email and text messages.”After careful…

Benjamin Sesco has become Manchester United’s super-sub after scoring three crucial goals in his last four games, but the £74m striker is knocking on the door to make his first start under manager Michael Carrick on Sunday against Crystal Palace at Old Trafford.The 22-year-old had a disappointing start in the Premier League with just two goals in his first 16 games, but it made sense for Carrick to move him away from the spotlight when he took over, especially after his fluid front three led to big wins over Manchester City and Arsenal. But after the striker’s goals saved United…

Prime Minister Benjamin Netanyahu and Prime Minister Narendra Modi shared a particularly warm embrace on Wednesday as the Indian Prime Minister disembarked from Air India One at Israel’s Ben Gurion Airport, a moment that demonstrated the political closeness of the two leaders. During the prime minister’s two-day visit, the two countries signed several agreements that are expected to further strengthen the already deepening partnership between Israel and India.Prime Minister Modi has long been the driving force behind this closeness. His visit in 2017 was the first visit to Israel by an Indian prime minister and signaled a decisive shift in…

Figma integrates Codex, OpenAI’s AI coding tool, allowing users to create and adjust designs from within the coding environment. The move comes a week after the design firm formed a similar partnership with Anthropic to integrate Claude Code. This integration allows users to start working with designs in Figma or code in Codex and easily move between the two platforms using Figma’s MCP (Model Context Protocol) server. Previously, users could bring Figma design files, Figma Make, or FigJam details into Codex for codebase implementation. “This integration enables teams to build not just their first idea, but their best idea, by…

A new McKinsey report estimates that Black and other minority entrepreneurs will have $3 trillion in opportunities to become business owners as part of the “Great Business Transfer.””This is the largest ownership transition in modern U.S. history,” said Shelley Stewart, co-author of the report and senior partner and director of the McKinsey Institute for Economic Mobility. “This is a huge opportunity, but there are also challenges. The problem is that many viable businesses may not be able to successfully transfer because the market that connects buyers, sellers and capital is not built at scale.”Researchers predict that by 2035, 6 million…

Ranking Member Sen. Elizabeth Warren (D-Mass.) questions Treasury Secretary Scott Bessent during a Senate Banking, Housing, and Urban Affairs Committee hearing entitled “Financial Stability Oversight Council Annual Report to Congress” Thursday, February 5, 2026, in the Dirk Sen Building. Tom Williams | CQ-Roll Call Inc. | Getty ImagesDemocratic Sen. Elizabeth Warren has criticized President Donald Trump’s bluff after he claimed in his State of the Union address that he would “end” the affordability crisis and open a new front in a battle that could decide November’s midterm elections.”Your arguments are in direct conflict with the everyday experiences of American families…

Conor Benn will face Regis Prograis on the undercard of the Tyson Fury-Arslanbek Makhmudov fight at Tottenham Hotspur Stadium on April 11th.The announcement followed Benn’s industry-shaking decision to sever ties with Eddie Hearn’s Matchroom Boxing and join Zuffa, a new promotion run by UFC boss Dana White. Benn’s first fight under his new regime will see him return to his win over Chris Eubank Jr. and face two-time light welterweight world champion Prograis (30-3, 24 KOs). Ben said: “April 11th can’t come soon enough and it means everything to me to be back at the Tottenham Hotspur Stadium where we…

On June 9th, over 1,000 founders, investors, and decision makers will gather for TechCrunch Founder Summit 2026. This is more than just foot traffic. A concentrated flow of transactions continues throughout the day. The exhibition table turns that energy into visible growth. No further awareness is required. You need customers, capital, and strategic partners. Secure your exhibit table and put your startup at the center of the startup world. Image credit: Halo Creative Why trade shows drive real growth Direct access to buyers: Expo Hall is where founders and operators actively source tools and partners. Capture leads instantly through your…