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Affordable home sales in India down 23%: What's the reason?
Sales of affordable homes in India, priced under ₹50 lakh, have witnessed a massive decline of 23% year-on-year in the first quarter of this year.
Paytm Payments Bank begins winding up after RBI revokes licence
Paytm Payments Bank Limited (PPBL) has started the voluntary winding-up process after the Reserve Bank of India (RBI) revoked its banking license.
'Mann Ki Baat': Modi highlights India's clean energy push
In his latest Mann Ki Baat radio address, Prime Minister Narendra Modi emphasized the significance of India's recent strides in clean energy and nuclear power.
Adani Green to invest ₹15,000cr in battery energy storage expansion
Adani Green Energy Ltd (AGEL) has announced plans to invest around ₹15,000 crore in a major expansion of its battery energy storage capacity.
Amba Auto Sales and Services seeks ₹65.12cr in SME IPO
This week, the primary market will see no mainboard IPOs, but one new SME platform IPO and several listings are expected.
Government banks ordered to complete wage negotiations within 12 months
The Indian government has directed public sector banks (PSBs) to kick-start negotiations for the 13th Bi-partite settlement.
AI use will affect your salary growth by 2029
The adoption of artificial intelligence (AI) is set to have a major impact on salary growth in the coming years, according to Shantanu Rooj, founder and CEO of TeamLease Edtech.
Canara Bank: Gold loan fraud worth ₹7cr unearthed in Maharashtra
A major fraud of ₹7.31 crore has been unearthed at a Canara Bank branch in Jalna, Maharashtra.
Market cap of India's top 7 companies down ₹2L crore
The combined market capitalization of seven out of the top 10 most-valued companies in India has witnessed a major decline, eroding over ₹2 lakh crore last week.
Rajasthan: HPCL refinery restoration to be completed in 3-4 weeks
Hindustan Petroleum Corporation Limited (HPCL) has announced that restoration work at the HPCL Rajasthan Refinery Limited (HRRL) is in full swing and will be completed within three to four weeks.
70% Indian products to enter New Zealand duty-free under FTA
India and New Zealand are set to sign a major trade agreement tomorrow. The deal is aimed at boosting bilateral trade and enhancing market access for Indian products.
UCO Bank's Q4 net profit jumps 23% YoY to ₹801cr
State-owned UCO Bank has reported a massive 23% jump in its net profit for the fourth quarter (Q4) of FY26.
Indian stock market to remain closed on May 1
The Indian stock market will observe a holiday on May 1, in observance of Maharashtra Day.
Worrying: Customer deposits worth ₹800cr stuck in Paytm Payments Bank
Almost two years after operations were suspended, over ₹800 crore of customer deposits remain stuck in Paytm Payments Bank.
Guidelines for Startup India FoF 2.0 out: Why they matter
The Department for Promotion of Industry and Internal Trade (DPIIT) has unveiled the operational guidelines for the ₹10,000 crore Startup India Fund of Funds 2.0 (FoF 2.0).
India likely to receive $90B foreign direct investment in FY26
India's Chief Economic Adviser (CEA) V Anantha Nageswaran has projected that the country will attract over $90 billion in gross Foreign Direct Investment (FDI) during the fiscal year 2025-26.
Layoffs in tech sector nearing 900,000 mark since 2020
The tech industry is witnessing a major upheaval with more than 92,000 employees losing their jobs this year alone.
Salesforce to hire 1,000 graduates, interns amid AI job fears
Salesforce CEO Marc Benioff has announced plans to hire 1,000 graduates and interns.
India's financial system, external sector indicators resilient: RBI
The Reserve Bank of India (RBI) has said that despite global volatility and capital outflows due to the ongoing West Asia conflict, India's financial system and external sector indicators remain "favorable" and resilient.
India's wind energy capacity surpasses 56GW, PM Modi addresses milestone
India has achieved a major milestone in wind energy, with its generation capacity surpassing 56 gigawatts (GW).
Arundhati Bhattacharya says AI demands rapid reskilling at ET Awards
India's IT industry must quickly upskill its workforce as AI-driven changes disrupt the sector, warns Arundhati Bhattacharya, CEO of Salesforce India.
AI likely to lift Indian salaries in tech, GCCs, finance
Artificial Intelligence (AI) skills could give employees an edge in salary increments within the next 2-3 years, according to TeamLease Edtech CEO Shantanu Rooj.
HPCL Rajasthan refinery fire postpones inauguration scheduled for April 21
A leak likely caused the recent fire at Hindustan Petroleum Corporation Limited’s (HPCL) Rajasthan refinery, with restoration work expected to take three to four weeks.
India on track to attract over $90 billion FDI 2025-26
India's Chief Economic Adviser, V. Anantha Nageswaran, predicts the country's gross Foreign Direct Investment (FDI) will surpass $90 billion in Fiscal Year 2025-26.
SEBI tightens broker net worth rules to reflect market risks
SEBI proposes a significant shift in calculating stock brokers' capital requirements, aiming to align broker net worth with their operational scale and risk management.
Pine Labs acquires Shopflo for ₹88cr to boost D2C offerings
Leading fintech firm Pine Labs has announced the acquisition of Shopflo Technologies, a direct-to-consumer (D2C) checkout platform.
Flipkart promotes Kunal Gupta to SVP amid quick commerce push
Walmart-owned Flipkart has promoted Kunal Gupta, the current head of Minutes and Grocery, to Senior Vice President (SVP).
India's top firms lose ₹205,343 cr as TCS, Reliance lead
Last week, seven of the top-10 most valued firms saw a combined market erosion of ₹2 lakh crore, with Tata Consultancy Services and Reliance Industries being the biggest losers.
Instant house help start-up Snabbit raising funds at $400M valuation
Indian start-up Snabbit, which provides on-demand household help for chores like cleaning and laundry, is in talks to raise fresh funding at a valuation of around $400 million, according to TechCrunch.
Maine governor vetoes bill pausing AI data center construction
Maine's Democratic Governor Janet Mills has vetoed a bill that would have imposed a moratorium on the construction of AI data centers.
Meta and Microsoft announce 20,000-plus job cuts amid AI shift
Meta and Microsoft's announcement of over 20,000 potential job cuts signals a larger shift in the tech industry towards artificial intelligence, according to a CNBC report.
Fed likely to hold interest rates as US-Iran war rages
The US Federal Reserve is likely to keep interest rates unchanged at its upcoming policy meeting, owing to the ongoing conflict in the Middle East.
India and New Zealand to sign FTA targeting $5bn trade
India and New Zealand are poised to sign a free trade agreement on April 27, aiming to double bilateral trade between the two nations.
BSE and NSE closed May 1 for Maharashtra Day holiday
The Indian stock market, including BSE and NSE, will remain closed on May 1, 2026, in observance of Maharashtra Day.
Trump administration dismisses entire board overseeing US science funding
The White House has dismissed all 24 members of the National Science Board (NSB).
Fed to hold rates at 3.50-3.75% amid Powell's likely exit
The Federal Reserve is expected to maintain interest rates between 3.50% and 3.75% due to the ongoing economic uncertainty caused by the war in Iran.
Justin Sun sues World Liberty Financial over $276 million token loss
Justin Sun, a billionaire crypto-mogul, alleges he was defrauded by World Liberty Financial, a crypto project affiliated with the Trump family.
Nirmala Sitharaman urges Indian firms to invest in AI domestically
Finance Minister Nirmala Sitharaman has committed to protecting vulnerable groups, such as farmers, from rising costs while encouraging Indian businesses to invest and expand.
Avataar Venture Partners leads $28.5m Series B for Ethereal Machines
Ethereal Machines, a deeptech manufacturing startup, is raising approximately $28.5 million in a Series B round, marking a fourfold increase in its valuation.
Bengaluru-based Snabbit nearing $50 million raise led by Susquehanna VC
Indian house-help startup, Snabbit, is reportedly raising about $50 million in a funding round led by Susquehanna Venture Capital, valuing the company at around $400 million.
India launches Startup India Fund of Funds 2.0 with ₹10,000cr
India's DPIIT has unveiled operational guidelines for a ₹10,000 crore Startup India Fund of Funds 2.0, targeting deep-tech and early-stage startups through AIFs.
India's credit growth surges to ₹44.6L crore in FY26
India's formal loan systems have witnessed a massive surge in the fiscal year 2025-26 (FY26), with credit expansion hitting ₹44.6 lakh crore.
SEBI proposes changes to improve liquidity in client unpaid securities
The Securities and Exchange Board of India (SEBI) has proposed amendments to its regulations on how brokers handle clients' unpaid securities.
IDFC First Bank's Q4 profit up 5% YoY to ₹319cr
IDFC First Bank has reported a 5% year-on-year increase in its standalone net profit for the March quarter of FY26.
IndiGo denies banning employees from wearing sindoor, tilak, mangalsutra
IndiGo has refuted allegations that it prohibits its employees from wearing religious symbols like sindoor and tilak.
Axis Bank's Q4 results: Net profit dips 0.64% to ₹7,071cr
Axis Bank has reported a marginal decline of 0.64% in its standalone net profit for the fourth quarter of FY26.
RBL Bank's Q4 net profit jumps 233% to ₹230cr
RBL Bank has reported a whopping 233% year-on-year jump in its net profit for the fourth quarter of FY25-26.
Samsung labor protests could worsen RAM shortage
Samsung Electronics is facing a major labor protest at its Pyeongtaek campus in South Korea.
TCS deepens Google Cloud tie-up to help businesses adopt AI
Tata Consultancy Services (TCS) has announced the expansion of its strategic partnership with Google Cloud. The collaboration aims at helping enterprises transition to AI-native, autonomous operating models.
Over 25% smartphones made in India come from local firms
Domestic companies are now manufacturing more than one-fourth of the smartphones made in India, a major shift in the country's electronics ecosystem.
India's textile, garment exports down in FY26: What's the reason?
India's textile and garment exports witnessed a 2.2% decline in the fiscal year 2025-26, according to the Global Trade Research Initiative (GTRI).
FIIs withdraw ₹1.75L crore from Indian markets in 2026
Foreign institutional investors (FIIs) have continued to pull out money from Indian markets in April 2026, with net outflows of ₹43,967 crore so far.
NVIDIA becomes first company to hit $5 trillion market value
NVIDIA has made history by becoming the first company ever to reach a market capitalization of $5 trillion.
India's top 5 IT companies slashed 7,000 jobs in FY26
India's top five IT companies: Tata Consultancy Services (TCS), Infosys, Wipro, HCLTech, and Tech Mahindra, cut nearly 7,000 jobs in the financial year 2026 (FY26).
How AI is helping Taiwan, South Korea climb global-equity rankings
Taiwan and South Korea have surpassed several European nations in global equity rankings, thanks to the artificial intelligence (AI) boom.
Your British Airways flight might become costlier soon
British Airways' parent company, International Airlines Group (IAG), has warned of possible ticket price hikes due to rising oil prices.
Why EU plans to help with Middle East energy infrastructure
The European Union is considering funding alternative energy routes in the Middle East to avoid conflict zones like the Strait of Hormuz.
Reliance Retail's Q4 results: Revenue up 10.8% to ₹98,232cr
Reliance Retail Ventures Ltd has posted a strong financial performance for the fourth quarter of FY25-26.
Why privatization of ATC services is being opposed in India
The Air Traffic Safety Electronic Personnel Association (India), a body of electronic engineers at the Airports Authority of India (AAI), has strongly opposed the proposed privatization of air traffic control (ATC) services.
Musk has dropped fraud claims against OpenAI and its co-founders
Elon Musk has dropped his fraud claims against OpenAI and its co-founders Sam Altman and Greg Brockman.
IndusInd Bank swings back to profit in Q4 FY26
IndusInd Bank has reported a net profit of ₹594.2 crore for the fourth quarter of FY26, significantly higher than the net loss of ₹2,329 crore in the same period last year.
Reliance Industries Q4 results: Net profit down 12.5% to ₹16,971cr
Mukesh Ambani-led Reliance Industries has reported a 12.5% decline in its consolidated net profit for the fourth quarter of FY26.
JioStar posts net profit of ₹3,200cr in FY26
JioStar, the entertainment division of Reliance Industries, has posted a net profit of ₹3,210 crore for the fiscal year ending March 31. The company's financials were revealed in Reliance's quarterly filings.