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Deepinder Goyal: Eternal supports over 1% of Indians, 31L FY26
Zomato founder Deepinder Goyal claims Eternal supports the livelihoods of over 1% of Indians, with plans to increase this figure to 5% by 2030.
Zach Yadegari raises $10 million for Persona backed by Vine Ventures
Zach Yadegari, a 19-year-old entrepreneur from Long Island, New York, has raised $10 million for his AI startup Persona after being rejected by 15 universities.
GST registration updates autoapproved via Form GST REG-14, exceptions remain
The government has automated the approval process for amending business names and additional addresses in GST registrations, eliminating the need for officer approval.
RBI to auction up to ₹25,000cr government bonds October 13
The Reserve Bank of India will auction government securities worth Rs 25,000 crore on October 13 to manage surplus liquidity in the banking system.
RBI to sell 25,000cr bonds, raise daily CRR to 99%
The Reserve Bank of India will sell $2.6 billion in bonds and increase the cash reserve ratio to manage banking system liquidity effectively.
Dr SP Kochhar urges network upgrades amid India's AI boom
India's AI expansion demands increased telecom network capacity, but spectrum shortages pose challenges, says COAI chief Dr. SP Kochhar at IMC 2026.
Qubo adds on-device AI to make Indian smart homes affordable
Qubo is leveraging on-device AI to enhance smart-home accessibility in India, expanding its product range beyond security cameras, according to CEO Nikhil Rajpal.
Ambani siblings travel worldwide to pitch Jio Platforms's ₹30,000cr IPO
Akash and Isha Ambani are leading global investor outreach for Jio Platforms' Rs 30,000 crore IPO, with marquee investors like Meta and Google seeking to increase their stakes.
ED arrests Rakesh Kumar Gupta in Delhi over insolvency manipulation
The Enforcement Directorate arrested Rakesh Kumar Gupta, chairman of Sadhna Group, in a money laundering case linked to insolvency irregularities involving ₹168 crore.
RBI sells USD to government oil companies, tightens forex rules
The RBI announced direct dollar sales to oil companies and tightened forex derivative rules to reduce speculative bets against the rupee amid declining foreign exchange reserves.
Brent crude tops $100 amid Middle East supply worries
Brent crude remains above $100 per barrel, driven by geopolitical tensions and supply risks in the Middle East, sustaining its premium over WTI.
Diet Coke cans have become costlier in India
Some Coca-Cola bottlers and retailers in India have increased the price of Diet Coke by a whopping 40%.
EU strikes a preliminary trade deal with China
The European Union (EU) and China have struck a preliminary trade deal aimed at addressing trade imbalances between the two economic giants.
Why TCS is withholding quarterly bonuses of senior employees
Tata Consultancy Services (TCS), India's largest IT services company, has decided to withhold quarterly performance bonuses for its senior employees in the C3A grade and above.
Amazon just reshuffled its Alexa leadership
Amazon has announced a major leadership reshuffle in its Alexa division.
How RBI plans to meet dollar needs of oil companies
The Reserve Bank of India (RBI) has announced a special facility to meet the daily dollar requirements of three state-owned oil marketing companies.
RBI revises foreign exchange rules: How they affect you
The Reserve Bank of India (RBI) has announced new regulations for the foreign exchange market.
Sensex and Nifty50 end week higher despite RBI 5.5% hike
Indian equity markets ended an eight-week losing streak with modest gains, while the rupee continued to depreciate, nearing its all-time low against the US dollar.
Clio: AI adoption in UK and Ireland reshapes legal billing
Artificial intelligence is reshaping the legal profession, with nearly 90% of U.K. and Ireland legal professionals using AI, challenging the traditional billable hour model.
Rupee peaks at 96.51, closes 96.73 after RBI dollar sales
The Indian rupee briefly reached an intra-day high of 96.51 against the dollar before closing at 96.73, as strong dollar demand from companies offset central bank interventions.
Indian startups raise $113.35 million in 28 deals led by DailyObjects
This week, 28 Indian startups raised $113.35 million, while the period also witnessed two significant mergers and acquisitions in the startup ecosystem.
RBI allows 3 oil firms forex access to steady rupee
The Reserve Bank of India has introduced measures to support the rupee, including opening a special dollar window for Indian Oil, Hindustan Petroleum, and Bharat Petroleum.
Elon Musk accuses Mukesh Ambani of blocking Starlink in India
Elon Musk escalated tensions over Starlink's India entry by sarcastically referring to Mukesh Ambani as "Prime Minister Ambani," accusing him of protecting a monopoly.
TypeSafe launches Jev and raises $870 million at $7.5B valuation
TypeSafe AI, creator of the Jev model, has achieved a $7.5 billion valuation just weeks after its launch, driven by rapid enterprise adoption and significant funding.
United States lifts Russian diesel sanctions through April 7, 2027
The U.S. has lifted sanctions on Russian diesel sales until April 2027, following a deal between Presidents Trump and Putin to address global fuel shortages.
Gold rebounds to 1-week high as traders eye Fed hikes
Gold rose for a second consecutive session, reaching a one-week high due to bargain-hunting after hitting a two-month low earlier this week.
Kerala Postal Circle launches assured next day Speed Post service
The Kerala Postal Circle has introduced an ‘Assured Next Day Delivery’ service, connecting six Municipal Corporations, enhancing postal efficiency across the state.
GST Council plans 2% TDS on B2B waste and scrap
The 57th GST Council meeting has proposed a 2% tax deducted at source on specified waste transactions, aiming to enhance tax compliance within the recycling sector.
McKinsey: Automation could affect 36 million and create 40 million+ US jobs
Automation could affect 36 million jobs by 2035, with office and administrative support roles facing the highest impact, according to a McKinsey Global Institute report.
OpenAI's Asia-Pacific public policy head departs after 6 months
Sanghyun Lee, OpenAI's top public policy executive for the Asia-Pacific region, is leaving his post after just six months, according to Bloomberg.
Jio Platforms sets price band for India's largest-ever IPO
Jio Platforms Ltd. the telecom and digital services arm of Reliance Industries, is set to price its shares at ₹1,065-1,119 apiece, Bloomberg reported.
India could be among first countries to launch 6G: Jio
Reliance Jio is preparing to introduce 6G connectivity, saying India could be among the first countries to launch commercial 6G services.
Netflix could lay off around 850 employees amid declining engagement
Netflix is planning to lay off around 850 employees as part of a restructuring effort, according to Puck News.
Airtel Money debuts on London Stock Exchange with $7B valuation
Airtel Money, the digital financial services arm operating across Africa, has made its debut on the London Stock Exchange (LSE) with a valuation of £5.3 billion (nearly $7 billion).
NVIDIA-backed data center firm cancels $5B IPO amid market volatility
Firmus, an artificial intelligence (AI) data center company backed by NVIDIA, has called off its initial public offering (IPO) plans on the Australian Securities Exchange (ASX).
Tribunal limits Chanda Kochhar's access to ICICI Bank's internal data
The Securities Appellate Tribunal (SAT) has partly accepted ICICI Bank's review plea, overturning a part of its earlier order in the case of former MD and CEO Chanda Kochhar.
Apple appoints new head for mergers and acquisitions
Apple CEO John Ternus is shaking up the company's leadership team, according to a Bloomberg report.
GitLab to open its 1st India office in Bengaluru
GitLab, a leading provider of AI-powered software development tools, has announced plans to open its first office in India.
SoftBank CEO seeks $100B from Gulf investors for AI investments
Masayoshi Son, CEO of SoftBank Group, is reportedly looking to raise up to $100 billion from Gulf investors.
SpaceX buys spectrum to make Starlink major US mobile carrier
SpaceX has announced a major development in its telecommunications strategy.
TCS to hire 15,000 people in US despite green-card curbs
Tata Consultancy Services (TCS) has announced its plan to hire 15,000 people in the US over the next five years to further strengthen its local workforce.
Why are markets rallying despite US green-card restrictions?
The Indian stock market witnessed a major recovery on Friday, with the BSE Sensex jumping over 800 points and the Nifty nearing the 22,500 mark.
IRDAI may cap insurance commissions to lower costs for policyholders
The Insurance Regulatory and Development Authority of India (IRDAI) is planning to implement major reforms in insurance distribution.
Flock Safety to cut 18% of workforce amid surveillance backlash
Flock Safety, a leading provider of AI-powered surveillance cameras and license-plate readers, is planning to lay off around 18% of its workforce, according to Reuters.
Why OpenAI's annualized revenue is $20B lower than previously reported
OpenAI's annualized revenue has been revised to $50 billion, a figure that is about $20 billion lower than previously reported.
Trump suspends Microsoft, Adobe from green card program
The Trump administration has suspended tech giants Microsoft and Adobe, along with others from a program that facilitates permanent residency for skilled foreign workers in the US.
GST Council's new goods rules: Who can stop, check consignments?
The Goods and Services Tax (GST) Council has proposed stricter regulations for the inspection of goods in transit.
GST officers can no longer arrest taxpayers
The Goods and Services Tax (GST) Council has decided to revoke the arrest powers of GST officers. The decision was taken during a meeting on Thursday.
GST process reforms to be implemented from April 2027: FM
Union Finance Minister Nirmala Sitharaman has announced that all process reforms approved by the Goods and Services Tax (GST) Council on October 8 will come into effect from April 1, 2027.
GST Council limits rate changes to once a year
The Goods and Services Tax (GST) Council will now consider tax rate changes only once a year, Finance Minister Nirmala Sitharaman announced on Thursday.
GST Council approves reforms for registration, returns, refunds, and enforcement
The 57th Goods and Services Tax (GST) Council has approved a series of process reforms aimed at simplifying registration, returns, refunds, and enforcement.
OpenAI hires another SpaceX executive to lead sales
OpenAI has appointed Ismail Elmas to lead sales across Europe, the Middle East, and Africa as a vice president. The move comes as part of a broader strategy to strengthen its presence in these regions.
Musk lost $21B in hours: What hit his trillion-dollar fortune?
Elon Musk, the world's richest trillionaire, saw his net worth plummet by over $21 billion on Wednesday.
Tencent considers $5B bond sale to fund AI spending
Chinese tech giant Tencent is considering raising up to $5 billion through an offshore bond sale, Bloomberg reported.
Nifty hits 52-week low, Sensex crashes over 1,000 points
The Indian stock market witnessed a major downturn today, with the Nifty 50 index hitting its lowest point in 2026.
TCS Q2 profit rises 4% to ₹13,884 crore
Tata Consultancy Services (TCS), India's leading IT services firm, has reported a 4% sequential rise in its consolidated net profit for the second quarter of FY27.
Paytm, MobiKwik shares fall amid potential UPI MDR postponement
Shares of One97 Communications (Paytm's parent company) and One MobiKwik Systems fell sharply on Thursday, amid uncertainty over the potential postponement of the UPI Merchant Discount Rate (MDR).
Jio building indigenous satellite technology for India: Akash Ambani
Reliance Jio is working on an indigenous satellite technology stack and has filed patents for the same.
Air India to offer physical SIM, eSIM to international travelers
Air India has launched a new service called EasyRoam, specially designed for international travelers.
HDFC's Bagchi to become India's highest-paid bank CEO at ₹35.9cr
HDFC Bank has proposed an annual remuneration package of up to ₹35.9 crore for its incoming MD and CEO, Anup Bagchi.
US 30-year yield hits 24-year high
The US 30-year Treasury bond yield has hit its highest level in nearly a quarter of a century. The benchmark long-term yield touched 5.7041%, the highest level in 24 years.
JioHotstar brings Indian shows and films to Middle East
JioHotstar is expanding its global presence by partnering with STARZPLAY, a leading regional streaming platform.