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CXMT plans $4.35B Shanghai STAR Market IPO on July 27
China's top DRAM chipmaker, ChangXin Memory Technologies (CXMT), will debut on the Shanghai Stock Exchange on July 27, aiming to raise $4.35 billion in Asia's largest IPO of 2026.
RBI launches Ombudsman 2026 scheme with up to ₹33L relief
The RBI Ombudsman 2026 scheme offers a free, swift mechanism for resolving customer complaints against banks and regulated entities, with compensation of up to Rs 33 lakh.
Groww launches cement ETF to tap India's infrastructure and housing
Groww Mutual Fund is expanding its niche ETF offerings, positioning sectoral themes as a safer alternative to concentrated stock investments for retail investors.
Samsung mulls US ADRs sale amid chip market volatility
Samsung Electronics is reportedly in preliminary talks with lenders about a potential American depositary receipts sale, following SK Hynix's record-breaking US listing success.
Rupee falls more than 0.9% amid West Asia hostilities
The Indian rupee has weakened over 0.9% this week, marking its steepest fall since May, driven by geopolitical tensions and surging crude oil prices.
Apple sues OpenAI alleging poaching of more than 400 employees
Apple has filed a lawsuit against OpenAI, alleging the AI firm hired over 400 former Apple employees and misused trade secrets to develop competing hardware.
SBI raises $200 million via London branch tapping July 2029 bond
State Bank of India (SBI) has secured $200 million by tapping an existing bond issue maturing in July 2029, with issuance through its London branch on July 17.
Brent crude tops $86 amid US Strait of Hormuz blockade
Brent crude surged past $86 per barrel on July 14, driven by escalating geopolitical tensions in West Asia and renewed concerns over oil supply disruptions from the Persian Gulf.
India retail inflation hits 17-month high 4.38% in June
India's retail inflation soared from 2.74% to 4.38% in six months, driven by escalating food prices and rising crude oil costs amid geopolitical tensions.
Wealth Company mutual fund launches mid cap NFO July 15-29
The Wealth Company Mutual Fund has introduced the Mid Cap Fund, an open-ended equity scheme investing primarily in mid-cap stocks, with its NFO open from July 15 to July 29.
China repurposes state-owned spaces in Yueyang to boost local revenue
Facing fiscal strain from a property market slump, China is shifting towards revitalising under-used state assets to bolster local revenues and sustain economic growth.
Microsoft Work Trend Index finds employees outpacing workplaces on AI
While 19% of employees are AI-ready, most organisations lag behind, hindered by outdated systems and a lack of AI-friendly workplace transformation.
India's private banks cut over 7,700 jobs amid AI shift
India's top private banks have reduced over 7,700 jobs in FY26 as automation and AI streamline routine operations, shifting focus to customer-centric and technology-driven roles.
DeepSeek's Liang Wenfeng is now world's richest AI business founder
DeepSeek founder Liang Wenfeng has emerged as the world's richest artificial intelligence (AI) founder, according to the Bloomberg Billionaires Index.
Why India's competition watchdog fined laptop maker HP ₹14.3cr
The Competition Commission of India (CCI) has slapped a hefty fine of ₹14.28 crore on HP India and 16 of its resellers for colluding in the sale and supply of print hardware consumables.
Did JPMorgan boss had ties to Jeffrey Epstein?
Elizabeth Warren, a prominent Democratic senator and the ranking member of the US Senate Banking Committee, has written to Jamie Dimon, Chairman and CEO of JPMorgan Chase.
Why Paramount is being sued by 12 US states
A coalition of 12 US states led by California has filed a lawsuit against Paramount's proposed $110 billion acquisition of Warner Bros. Discovery (WBD).
IDBI Bank shares rise 3% today: Here we decode why
IDBI Bank's shares witnessed a spike of over 3% in early trade today, following reports of the government's approval for the lender's strategic disinvestment.
How NVIDIA will stop its AI chips from reaching China
NVIDIA has cut its list of approved AI chip customers in Asia by more than half, The Financial Times reported.
China's June oil imports touch decade low: What's the reason?
China's crude oil imports have plummeted by a staggering 41.3% in June, hitting their lowest level in nearly a decade.
Baroda BNP Paribas Mutual Fund launches services fund priced ₹10
Baroda BNP Paribas Mutual Fund has introduced a thematic equity scheme, Baroda BNP Paribas Services Fund, focusing on India's expanding services sector across diverse industries.
Zepto launches 'Select' to take on Blinkit Gourmet, FirstClub
Zepto, a leading player in the quick-commerce space, is set to launch a new premium grocery service called 'Select,' as per a Moneycontrol report.
PC Jeweller to discuss QIP on July 16 for expansion
PC Jeweller's board will meet on July 16 to consider raising funds through a Qualified Institutions Placement (QIP), as shares traded slightly higher at Rs 9.93 on Tuesday.
India's wholesale inflation rises to 9.87% in June
India's wholesale inflation rate increased to 9.87% in June, up from May's 9.68%.
Package forwarding firms let Africans buy from Amazon and Walmart
Package-forwarding companies are enabling African shoppers to access global retailers like Amazon and Walmart, overcoming barriers like lack of bank accounts or formal addresses.
TCS to lead digital transformation at JFK's new Terminal One
Tata Consultancy Services (TCS) has been chosen as the technology partner for New Terminal One at JFK Airport, driving AI-powered operations and passenger experience enhancements.
India wholesale inflation 9.87% in June, commerce ministry reports uptick
India's wholesale inflation rose to 9.87% in June, driven by surging food prices, while fuel inflation eased slightly but remained elevated, according to government data.
India's wholesale inflation 9.87% in June, above experts' predictions
India's wholesale price inflation surged to 9.87% in June, surpassing economists' projections, driven by higher food and mineral oil prices, while fuel inflation eased slightly.
Morgan Stanley sees India's capex at $2.2T by FY2030
India's capital expenditure is projected to rise 1.8 times to $2.2 trillion by FY2030, driven by private investments and government focus on infrastructure and defence.
Caliber Mining launches IPO priced ₹402-₹424, applications July 17-21
Caliber Mining & Logistics has set its IPO price band at ₹402-424 per share, with subscription dates from 17 to 21 July. The issue includes both fresh equity and an offer for sale.
Zepto to launch select premium grocery section on its app
Zepto is introducing 'Select,' a curated premium grocery service, to compete with FirstClub and Blinkit Gourmet in India's growing high-end consumption market.
Indian rupee hits 2-month low, breaches 96 per dollar
The Indian rupee has breached the psychologically significant level of 96 against the US dollar, a first since May 2026.
Fresh Gulf strikes push Indian bonds down as crude surges
Indian government bonds fell Tuesday as Gulf tensions disrupted oil shipping, spiking Brent crude prices. Rising inflation and interest rate risks further pressured Indian assets.
Palantir CEO Alex Karp says AI widens America's wealth gap
Palantir CEO Alex Karp cautions that AI is exacerbating wealth disparities, with developers reaping disproportionate gains while the average person sees limited benefits.
Masayoshi Son predicts $5 trillion annual AI investment by 2040
SoftBank CEO Masayoshi Son forecasts annual AI investments of $5 trillion by 2040, dismissing concerns of a bubble and envisioning a transformative, agent-driven future society.
Chinese stocks hit 3 month low despite strong June trade
Chinese equities hit three-month lows as investors braced for slowing GDP growth and escalating Middle East tensions, dampening market sentiment despite robust June trade data.
Millworks Technologies IPO fully subscribed within 1st hour on Tuesday
Millworks Technologies' SME IPO was fully subscribed within an hour of opening on July 14, 2026, driven by robust demand from retail and non-institutional investors.
China's exports soar 27%, fastest since October 2021
China's trade growth in June was much stronger than expected, with exports rising by 27% year-on-year.
Indian rupee 96.16 lowest since May after 9% oil jump
The Indian rupee weakened past 96 to the US dollar, driven by geopolitical tensions, surging crude oil prices, and heightened demand for safe-haven assets like the US dollar.
Indian rupee hits 96.1725 per US dollar as oil rises
The Indian Rupee slipped past the critical 96 mark against the US Dollar as escalating US-Iran tensions under Trump’s policies pushed crude oil prices to $85 per barrel.
Oil prices surge as Trump announces shipping fees in Hormuz
Oil prices surged by over 2% on Tuesday, following US President Donald Trump's announcement of plans to impose shipping fees in the Strait of Hormuz and reinstate a blockade on Iranian ports.
TCS posts $2.6B annualized AI revenue with $800 million SKF deal
Tata Consultancy Services (TCS) reported a rise in annualised AI revenue to $2.6 billion for the June quarter, driven by steady growth and significant AI-led deals.
South Korea KOSPI drops 25% after 60% AI surge
South Korea's KOSPI has plunged into bear market territory, shedding 25% since June's AI-driven highs, as semiconductor reliance and leveraged retail trading amplify volatility.
India, Spain meet in New Delhi to boost economic ties
India and Spain are deepening economic collaboration, focusing on trade, investment, manufacturing, and innovation to unlock untapped potential and drive mutual growth.
HCLTech invests ₹3,500 cr in AI data centers, TCS joins
Indian IT firms are leveraging AI-driven data centres to combine infrastructure with intelligence, marking a structural technology shift and long-term growth opportunity.
Goldman Sachs bars staff prediction market bets on major events
Goldman Sachs now prohibits employees from trading event contracts tied to companies, elections, or financial markets, citing compliance risks with material non-public information.
NVIDIA tightens Asian AI chip sales under US export rules
Nvidia has cut its Asian AI chip customer base by over 50%, implementing stricter compliance checks to prevent advanced chips from reaching China, the Financial Times reported.
Anthropic STC sues San Francisco Anthropic PBC alleging trademark copying
Belagavi-based Anthropic STC utilized the Hague Convention mechanism to serve a legal notice to US-based Anthropic PBC, alleging trademark infringement and marketplace confusion.
Jio Platforms gets new CEO ahead of $4B IPO
Jio Platforms has appointed Pankaj Pawar as its new Chief Executive Officer (CEO), replacing Kiran Thomas.
South Korea forecasts 3% growth for 2026 on semiconductor demand
South Korea projects 3% economic growth for 2026, driven by booming AI investments and rising semiconductor exports, marking the highest forecast in five years.
India's Sensex drops over 300 points on oil price spike
Indian markets opened lower as West Asia tensions drove crude prices to a one-month high. IT stocks outperformed, while financials and broader indices declined.
Biocon stock jumps 4% after Mylan sells ₹3,680cr stake
Biocon shares rose 4% on Tuesday as ₹3,680 crore worth of equity, representing 5.64% of the company's outstanding stock, changed hands in a pre-open block window deal.
MCX gold ₹140,949/10g and silver ₹218,333/kg rise as investors buy
Gold prices on MCX rose 0.45% to ₹1,40,949 per 10 grams, while silver gained 0.28%, tracking global bullion recovery amid geopolitical tensions and inflation data anticipation.
China's exports jump 27% in June on AI and semiconductors
China's exports soared 27% in June, driven by robust global demand for AI technology and semiconductors, offering temporary relief to an economy grappling with domestic challenges.
Rupee falls to 95.94 per US dollar amid crude rise
The Indian rupee opened 32 paise lower at 95.94/$ on July 14, as rising crude prices driven by U.S.-Iran tensions weighed on the domestic currency.
OpenAI asks court to make xAI pay over $1 million
OpenAI is demanding over $1 million in legal fees from Elon Musk's xAI after its trade secrets lawsuit was dismissed, while also preparing to face Apple's similar claims.
Crypto exchanges offer SpaceX pre IPO futures before $75B listing
Crypto platforms like Binance and Coinbase are offering pre-IPO perpetual futures tied to SpaceX's valuation, attracting billions in trading volume despite high risks.
HCLTech plans up to ₹3,500cr for AI centers after layoffs
HCLTech plans to invest Rs 3,500 crore in AI data centres with up to 50 MW capacity, following the layoff of 3,300 employees in the last quarter.
Jeetu Patel: AI to create more jobs over 5 years
Cisco president Jeetu Patel reaffirms that artificial intelligence will generate more jobs than it replaces, as early data begins to validate his optimistic outlook.
Akasa Air raising ₹1050cr to offset jet fuel, Iran disruptions
Akasa Air plans to raise 10.5 billion rupees through equity and debt as soaring jet-fuel costs and disruptions from the Iran war strain the aviation industry.
Spot gold falls to $3,993.83 as US CPI data looms
Gold prices fell 0.2% to $3,993.83 per ounce as oil surged on U.S.-Iran tensions, fueling inflation concerns and heightening expectations of a Federal Reserve interest rate hike.
Brent hits $85.64 as President Trump reimposes Iran ship restrictions
Asian shares showed mixed performance amid a tech stock sell-off, while Brent crude surged above $85 as escalating US-Iran tensions fueled supply disruption concerns.
HCLTech June quarter beats estimates despite slight revenue dip
HCLTech reported $2.4 billion in deal bookings for Q1, yet maintained its cautious full-year revenue and margin guidance amid weak discretionary client spending trends.
Supreme Court ruling triggers $81B tariff refunds and $1.367T deficit
The US government refunded $81bn in tariffs after the supreme court deemed them illegal, significantly impacting federal revenue and widening the budget deficit this fiscal year.
Elevation Capital closes $500 million Fund IX for Indian AI startups
Elevation Capital has closed its $500 million Fund IX, focusing on early-stage startups and betting on AI-driven innovation to fuel India's next wave of global tech leaders.
HCL Technologies investing 3500cr in up to 50MW data centers
HCL Technologies will invest ₹3,500 crore ($365 million) to build 50MW data centres, marking a strategic pivot to bolster its role in the AI infrastructure value chain.
Goldman Sachs predicts Nifty will rise about 9.5% to 26,500
Goldman Sachs projects a 9.5% rally in Nifty to 26,500, driven by lower commodity prices, a stabilized currency, and robust second-quarter earnings expectations.
Oil prices climb as US airstrikes and Iranian port blockade
Crude oil prices continue to climb, with Brent nearing $85 a barrel, following escalating US-Iran tensions and a renewed blockade on Iranian ports by the US.
US strikes on Iran push oil over 8%, Brent $80
Oil prices spiked over 8% as escalating US-Iran conflict raised fears of Middle East supply disruptions, with Brent crude surpassing $80 per barrel.
SpiceJet's fleet largely grounded after lessor reclaims 737 MAX jets
Aircraft lessors have initiated repossession of SpiceJet planes after the airline defaulted on lease payments, with 80% of its fleet grounded amid severe financial struggles.
Judge Kathleen Williams calls Donald Trump's IRS suit an abuse
A federal judge slammed Donald Trump's $10 billion lawsuit against the IRS, calling it an abuse of the judicial system and referring one attorney for possible disciplinary action.
India retail inflation 4.4% in June above RBI 4% target
India's retail inflation rose to 4.4% in June, driven by costlier food and transport, marking the highest level under the revised CPI series with 2024 as the base year.
Russia's top INNOPROM expo to be held in India September
Russia's flagship industrial trade fair, INNOPROM, will be held in India for the first time from September 9-11, focusing on expanding bilateral industrial cooperation.
Nand Kishore Goenka, longtime social worker, dies aged 96
Nand Kishore Goenka, father of Essel Group Chairman Subhash Chandra and a dedicated social worker, passed away at 96, leaving behind a legacy of humility and community service.
Why Asian Paints has hiked prices in India by 12%
Asian Paints, India's largest paint manufacturer, has announced a price hike of around 12%.
HCL Tech's Q1 profit jumps 20% YoY to ₹4,624cr
HCL Technologies has reported a 20% year-on-year rise in its consolidated net profit for the June quarter.
Indian exporters receive over $1B in tariff refunds from US
Indian exporters have started receiving refunds of duties paid during Donald Trump's presidency, with over $1 billion already reimbursed.
Volkswagen is planning to cut another 50,000 jobs globally
Volkswagen's CEO Oliver Blume has hinted at the possibility of an additional 50,000 job cuts.
CBI files chargesheet in Anil Ambani RCom loan fraud case
The Central Bureau of Investigation (CBI) has filed a chargesheet in the alleged banking fraud case involving Anil Ambani, Reliance Communications (RCom) and other related entities.
Piyush Goyal dismisses report of deadlock in India-US trade talks
Commerce and Industry Minister Piyush Goyal has rejected reports suggesting a deadlock in the ongoing India-US trade talks.
Spanish firm Submer to invest $2B in MP's semiconductor sector
Spain's Submer Group has announced a massive investment of $2 billion (approximately ₹19,000 crore) in Madhya Pradesh's semiconductor industry.
India's retail inflation breaches RBI target, spikes to 4.38%
India's retail inflation surged to 4.38% in June, breaching the Reserve Bank of India's (RBI) medium-term target of 4%.
India's trade deficit widens to $30.4B in June
India's merchandise trade deficit widened to $30.43 billion in June, up from $28.21 billion in May.
Will Paramount move out of California?
Paramount is reportedly contemplating a move from California, as the state prepares to sue over its proposed $111 billion acquisition of Warner Bros. Discovery.
You can soon fly non-stop from India to New Zealand
Air India and Air New Zealand are in talks to form a joint venture for non-stop flights between the two countries.
India to export defense equipment worth ₹50,000cr by FY29: Report
India's defense exports are likely to touch ₹50,000 crore by the end of financial year 2028-29 (FY29), a report by Kotak Institutional Equities has said.
Jeff Bezos's ex-wife donates $20M to mental health non-profit
MacKenzie Scott, the ex-wife of Amazon founder Jeff Bezos, has made a historic donation of $20 million to Active Minds.
'VISHWAS': EPFO introduces one-time dispute settlement scheme for employers
The Employees' Provident Fund Organisation (EPFO) has launched the VISHWAS, 2026 scheme.
HDFC Bank trimmed workforce by over 3,300 in FY26
HDFC Bank has reduced its workforce in the last financial year as part of a larger shift toward technology and automation.
TSMC posts record Q2 revenue as AI chip demand surges
Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chipmaker, has reported a record high revenue for the second quarter of this year.
Jet Airways suspended operations in 2019. Now, it's auctioning assets
Jet Airways, once India's largest private airline, is set to auction its remaining assets.
47% gains in 4 days: What's driving Kalyan Jewellers shares?
Kalyan Jewellers' shares continued their upward trajectory on Monday, rising another 10% to ₹522 on the NSE. The stock has gained 47% over the last four trading sessions.
South Korea announces record $530B budget, driven by AI boom
South Korea has announced a record-breaking budget of over 800 trillion won ($530.97 billion) for the fiscal year 2027.
NSE's latest index lets you invest in companies following ahimsa
NSE Indices Limited, the index services subsidiary of the National Stock Exchange (NSE), has launched the Nifty500 Ahimsa Index.
India's inflation likely to cross 4% mark
India's consumer price index (CPI) inflation is expected to breach the crucial 4% mark for the first time in 16 months.
Why TCS shares are soaring today
Tata Consultancy Services (TCS) has witnessed a massive surge in its shares today, rising by over 5% to 2,181.5 at the time of writing.
India-UK trade deal begins on July 15: What's getting cheaper?
India and the United Kingdom have signed a Comprehensive Economic and Trade Agreement (CETA), which will come into effect from July 15.
India rejects rushed US trade deal over unmet tariff demands
India has turned down the prospect of a hasty trade deal with the US, according to Reuters.
Indian rupee hits 1-month low against dollar: What's the reason?
The Indian rupee fell to its lowest level in over a month today, trading at 95.76 per US dollar.
Emerging markets saw equity outflow worth $46B in June
Emerging markets witnessed a massive exodus of foreign capital in June, with net outflows from equities hitting $46.1 billion.
Indian government bonds see a decline today: What's the reason?
Indian government bonds fell in early trade today, mirroring a selloff in US Treasuries.
Indian banks to remain closed for 4 days this week
Public and private sector banks across India will observe a four-day closure between today and July 19, 2026.
You can soon get a gold loan from Tata Capital
Tata Capital, a leading financial services provider and part of the Tata Group, has announced its entry into the gold loan sector.
SK Hynix Korean shares sink 15% after stellar NASDAQ debut
SK Hynix's shares fell more than 15% on the Korean stock exchange today, making it the company's biggest one-day decline on record.
SBI Funds Management's ₹11,693cr IPO opens tomorrow
SBI Funds Management Ltd, India's largest asset management company, will launch its initial public offering (IPO) tomorrow. The issue is expected to raise ₹11,692.91 crore.
TCS announces major leadership reshuffle to revive growth
Tata Consultancy Services (TCS), India's largest IT services company, has announced a major leadership reshuffle, according to internal emails seen by Moneycontrol.
Hyundai workers begin 3-day partial strike over bonuses, job security
Workers at Hyundai Motor Co. have started a three-day partial strike, demanding higher bonuses and job security against automation.
FSSAI urges citizens to report unhygienic kitchens, unsafe food
The Food Safety and Standards Authority of India (FSSAI) has launched a public awareness campaign, urging citizens to report unsafe food, unhygienic kitchens, and poor handling practices through its Food Safety Connect App.
Airtel eyes growth in fintech, cloud, and data centers
Bharti Airtel is gearing up for its next growth phase by focusing on financial services, data centers, and cloud computing.
Mark Zuckerberg becomes world's 5th-richest person
Meta CEO Mark Zuckerberg has become the fifth-richest person in the world, according to the Bloomberg Billionaires Index.
Ather Energy board to consider fresh fundraise proposal
Ather Energy, a leading electric two-wheeler manufacturer, has announced its upcoming board meeting on July 15.
Flipkart to sell part stake in Shadowfax for ₹700cr
Walmart-backed e-commerce giant Flipkart is planning to sell a part of its stake in logistics start-up Shadowfax Technologies, according to Moneycontrol.
Sensex crashes 700 points: What's behind today's decline?
The Indian stock market witnessed a major downturn today, with the benchmark indices Sensex and Nifty plummeting by as much as 0.9%.
Kusumgar IPO allotment today: How to check status online
The allotment of shares for Kusumgar's ₹650 crore IPO will be finalized today. Investors who applied for the issue can check their application status online.
Oil jumps over 4% as Iran declares Hormuz closed
Oil prices have witnessed a sharp spike, rising over 4% on Monday. The surge comes as Iran has expanded its military operations to Gulf states in response to recent US attacks.
Indian households barely invest in financial assets: UBS report
The 2026 UBS Global Wealth Report has revealed a major difference in the composition of wealth between India and other countries.
'Super' El Nino could raise global food prices until 2028
A "super" El Nino weather cycle this year could lead to a major shock in global food prices, lasting until 2028, economists have warned.
EPFO members can now access services online from anywhere
The Employees's Provident Fund Organisation (EPFO) has successfully migrated its member database to a centralized platform under the Centralized IT Enabled Services (CITES) project.
Indian professionals in UK to save 25% on social security
Union Minister Piyush Goyal has announced that Indian professionals working in the UK on temporary assignments of up to five years will no longer lose nearly 25% of their salary to the UK's social security system.
Trump administration subpoenas NYT reporters over presidential plane leak
The US Department of Justice has issued subpoenas to four journalists from The New York Times.
3 IPOs to open next week
The primary market is gearing up for a busy week, with three initial public offerings (IPOs) worth over ₹10,100 crore opening for subscription from July 14.
TCS plans expansion of forward-deployed engineers amid AI disruption fears
Tata Consultancy Services (TCS) is gearing up to build a massive team of forward-deployed engineers (FDEs).
How Apple avoided semiconductor tariffs through Intel partnership
Apple managed to dodge semiconductor tariffs last year, thanks to a strategic deal with Intel.
India, Canada finish 3rd round of talks for trade deal
India and Canada have successfully concluded the third round of negotiations for their proposed Comprehensive Economic Partnership Agreement (CEPA).