Business News
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Indian retail investors lost ₹916.85bn in year-ended March F&O trading
Retail traders in India lost $9.6 billion in equity derivatives last year, as regulatory reforms curbed speculative activity and reduced trading volumes significantly.
Markets flat as Bitcoin nears $64,298.84 after Trump's Iran ask
Bitcoin remains under $65,000 after overnight declines, while XRP faces pressure near the $1 mark amid evaporating optimism over a Strait of Hormuz deal.
Intel raises $20B in share sale to expand chip production
Intel raised $20 billion in an upsized share sale, exceeding its initial $15 billion target, to fund expansion in chip production and capitalize on AI-driven growth opportunities.
L&T shifts data center, cloud business to Vyoma. AI for ₹1,400cr
Larsen & Toubro (L&T) has signed a ₹1,400 crore agreement to transfer its Data Center and Cloud Services Business to its subsidiary Vyoma.AI through a slump sale.
Twin 65-story Trump Towers to launch in Hyderabad priced ₹5.3cr-₹18cr
Trump Towers Hyderabad, a luxury residential project by Tribeca Developers and Ira Realty, will feature two 65-storey towers in Kokapet, targeting ₹4,200 crore in sales.
Siemens India posts 43% FY26 revenue surge, shares up 2.47%
Siemens shares climbed 2.47% to Rs 4,011 after reporting strong revenue and profit growth, driven by robust demand across its industrial and infrastructure-related businesses.
Indian rupee slips to 95.4350 per dollar as oil surges
The Indian rupee fell to a near two-week low at 95.43 per USD as rising oil prices, driven by fading hopes of a U.S.-Iran deal, pressured the currency on Tuesday.
India's August 3 closing auction increases end-of-session unpredictability for stocks
India's new closing auction system is causing sharp late-session price swings, increasing risks for options traders and raising concerns about liquidity and trading volumes.
IMF reports India 6th largest economy with $3.92 trillion GDP
India ranked as the world's sixth-largest economy in 2025-26, achieving a nominal GDP of $3.92 trillion, driven by government strategies enhancing growth across key sectors.
Philips has invested ₹1,750cr in India to strengthen AI healthcare
Philips India is leveraging its expanding R&D footprint and advancements in AI to drive growth, while capitalizing on India's rising healthcare infrastructure investments.
Zydus Lifesciences Q1 profit down 36% to ₹939.8cr, revenue ₹8,017cr
Zydus Lifesciences reported a 36% year-on-year drop in Q1 FY27 net profit to ₹939.8 crore, despite a 22% revenue growth driven by consumer wellness and international formulations.
India's June trade deficit rises to $30.4 billion, says government
India’s merchandise trade deficit rose to $30.4 billion in June 2026, driven by essential imports for economic growth, with the government ruling out structural concerns.
Indians can use UPI for PickMe rides in Sri Lanka
Indian tourists visiting Sri Lanka can now pay for PickMe rides using UPI-enabled apps, with a 20% discount capped at LKR 750 per eligible ride.
GLP-1 drugs spur bundled weight loss care services in India
India's rapid adoption of GLP-1 drugs is fueling a new healthcare industry, with ventures integrating diagnostics, consultations, and lifestyle management into patient care.
Krystal Integrated Services wins ₹296 cr EPC contracts in Maharashtra
Krystal Integrated Services secures a ₹296 crore share in two Maharashtra government contracts worth ₹740 crore, focusing on sewage treatment and urban infrastructure development.
Over 80% of Philips's global AI innovations come from India
Philips India highlights how 85% of its global AI innovations are developed in Bengaluru, significantly transforming healthcare with improved efficiency and error prevention.
Formula E names Sennheiser official sound provider for AMBEO audio
Sennheiser has been named the Official Sound Provider for Formula E, introducing immersive AMBEO audio technology to enhance the electric racing experience globally.
RBI Governor Malhotra says AI could transform banking like digitization
AI is poised to revolutionize banking in the 2020s, akin to digitization's impact in the 2010s, says RBI governor, emphasizing strategic adoption over speed for success.
After Vikram-1 success Skyroot Aerospace signs HEX20 launch deal
Skyroot Aerospace has signed a multi-launch agreement with HEX20 for three missions starting in 2027, following the successful maiden orbital flight of its Vikram-1 rocket.
RBI's Malhotra warns conflicts, trade and cyberattacks threaten India economy
RBI Governor Sanjay Malhotra highlighted geopolitical uncertainties and cyber threats as major risks to India's economy and banking sector at the FIBAC 2026 conference.
Ideaforge posts 435.34% June 2026 jump to ₹68.42cr yet unprofitable
Ideaforge Technology's standalone net sales soared to Rs 68.42 crore in June 2026, marking a remarkable 435.34% year-on-year growth from Rs 12.78 crore in June 2025.
Vi shares jump 3% as Q1 loss shrinks 43%
Vodafone Idea's shares jumped by 3% on Tuesday after the company reported a narrower loss for the June quarter.
SBI chairperson C.S. Setty warns AI could outpace banks' defenses
SBI chairperson C.S. Setty cautions that AI's rapid evolution introduces sophisticated fraud risks, outpacing conventional banking systems and demanding reimagined oversight.
SBI Chairman Challa Sreenivasulu Setty urges AI for rural banking
SBI Chairman Challa Sreenivasulu Setty emphasizes leveraging AI to transform Indian banking by addressing rural credit gaps, small business needs, and financial inclusion.
Fitch Ratings reaffirms India's rating at BBB- with stable outlook
Fitch Ratings has reaffirmed India’s long-term issuer default rating at 'BBB-' with a stable outlook, citing macroeconomic stability and improving policy credibility.
Fitch Group's BMI sees India growth cooling to 6.6% FY27
India's economic growth is projected to decelerate to 6.6% in FY27 from 7.7% in FY26, as GST reform benefits fade and inflation, averaging 5.4%, impacts household incomes.
Vecton AI raises ₹6cr pre seed to scale FDE model
Vecton AI raised Rs 6 crore in a pre-seed round led by Zeropearl VC to accelerate enterprise-ready AI solutions for financial institutions and drive real-world adoption.
RBI Governor Sanjay Malhotra urges banks use AI against fraud
RBI Governor Sanjay Malhotra emphasized at FIBAC 2026 that only AI-driven solutions can effectively combat evolving fraud tactics, surpassing traditional rules-based systems.
LEAP India's KKR-backed IPO closes 1.95 times as employees lead
LEAP India's ₹2,480-crore IPO was subscribed 1.95 times by the closing day, with the employee portion seeing the highest demand at 6.06 times subscription.
Leopold Aschenbrenner's $45B fund shrinks to $10B after AI selloff
Leopold Aschenbrenner’s AI-focused hedge fund, Situational Awareness, suffered a $35 billion collapse in weeks but is now seeking fresh capital despite the unprecedented losses.
Milky Mist IPO opens with 15% GMP: Apply or avoid?
Milky Mist Dairy Food Ltd, a prominent player in the packaged food sector, has launched its initial public offering (IPO) today.
IPO activity rises as 5 issues see steady investor demand
Grey market premiums (GMPs) reveal mixed investor sentiment across IPOs, with upward trends for Milky Mist and Technocraft Ventures, while LEAP India shows bearish signals.
Gold prices hit 10-week high: What's driving the rally?
Gold prices have continued their upward trend on Tuesday, marking a third consecutive session of gains.
Why NYC mayor Zohran Mamdani and Amazon are at odds
New York City Mayor Zohran Mamdani has endorsed the Delivery Protection Act, a controversial legislation that would require Amazon and other major delivery companies to directly employ thousands of drivers.
BRICS discuss linking payment systems and CBDCs before 2026 summit
BRICS countries are exploring linking fast payment systems and central bank digital currencies (CBDCs) to enhance cross-border payments, RBI Governor Sanjay Malhotra revealed.
Tata Trusts vice chairman Vijay Singh quits SRTT, stays SDTT
Vijay Singh, vice-chairman of Tata Trusts, has resigned as a trustee of the Sir Ratan Tata Trust ahead of his term's end, amid ongoing regulatory and internal challenges.
Tablespace Technologies Ltd files ₹800cr IPO draft with OFS
Table Space Technologies Ltd has filed draft papers with SEBI for an IPO, aiming to raise ₹800 crore through a fresh issue and an Offer for Sale (OFS) of 6.55 crore shares.
Why license of Blinkit warehouse in Mumbai has been suspended
The Food and Drug Administration (FDA) has suspended the food license of Blinkit's Malad West warehouse in Mumbai.
Why Meta, Google, Snapchat are staring at thousands of lawsuits
A US appeals court has allowed thousands of lawsuits against social media giants Meta, Google, TikTok, and Snapchat to proceed.
Dhoot Transmission IPO: Does 30% GMP make it a buy?
The initial public offering (IPO) of Dhoot Transmission, worth ₹3,066.89 crore, has entered its second day of bidding today.
Economists' poll sees India's July retail inflation steady at 4.4%
India's retail inflation likely remained unchanged at 4.4% in July 2026, as per a Mint poll, with rising food prices offset by a favorable base effect from last year.
Bitcoin drops to $63,906 while Ethereum falls to $1,871
Bitcoin dipped below $64,000, while Ethereum fell under $1,900 as macroeconomic uncertainty and leveraged positions triggered heightened volatility in the crypto market.
Larsen & Toubro joins ₹7,280 cr government rare-earth magnets scheme
Larsen & Toubro aims to enter rare-earth magnet manufacturing in India, leveraging government incentives to reduce reliance on China, which dominates global production.
Ather Energy, Ola Electric stocks rise after PM e-drive extension
Shares of Ather Energy and Ola Electric rose up to 4% after the government extended benefits under the PM E-DRIVE scheme for registered electric two-wheelers.
ICICI Securities keeps 'buy' on Info Edge with ₹1,500 target
ICICI Securities recommends a BUY rating for Info Edge, citing strong recruitment and B2C billing growth alongside AI-driven offerings, with a revised target price of Rs 1,500.
Aluminum highest since late June after stalled US Iran talks
Aluminum prices climbed to their highest since June 23 as prolonged US-Iran negotiations over the Strait of Hormuz stoked fears of constrained Middle Eastern supply.
Will Centre raise minimum pension from ₹1,000 to ₹7,500?
The Employees's Pension Scheme (EPS) has been a major source of financial support for pensioners in India.
TCS, Google Cloud plan Gemini Experience Center in Mexico City
Tata Consultancy Services and Google Cloud are establishing a Gemini Experience Center in Mexico City to drive AI innovation and accelerate business transformation.
RBI Governor Sanjay Malhotra says AI could transform India's lending
AI could revolutionize lending decisions like UPI transformed payments, leveraging India's robust digital infrastructure to expand credit access and reduce operational costs.
How RBI is helping banks combat digital payment fraud
The Reserve Bank of India (RBI) has announced a new initiative to help banks combat digital payment fraud.
Why India's exports to US and Europe are becoming costlier
Indian exporters are facing a major spike in freight costs, with shipping charges on almost all major routes rising sharply.
Boeing has sold its electric air taxi business
Boeing has announced the sale of three of its electric vertical takeoff and landing (eVTOL) subsidiaries to Archer Aviation.
Google co-founder spends over $100M fighting California's billionaire tax proposal
Google co-founder Sergey Brin has spent over $100 million fighting California's proposed billionaire tax, according to a recent filing.
Top Indian private banks eye $3B in dollar loans
India's leading private banks, including HDFC Bank, are looking to raise up to $3 billion through dollar bonds or loans.
HDFC Bank to sell $1 billion in dollar bonds abroad
HDFC Bank plans to raise $1 billion via dollar bonds, spearheading Indian private lenders' efforts to secure up to $3 billion overseas amid RBI measures to boost capital inflows.
India bonds slide as Brent jumps and US yields spike
Indian government bonds declined as surging crude oil prices fueled inflation concerns, while a sell-off in US Treasuries added pressure ahead of key inflation data releases.
Flipkart expands in Tamil Nadu, connects nearly 70,000 sellers nationwide
Flipkart strengthens ties with Tamil Nadu, expanding digital commerce, technology infrastructure, and supply-chain operations to connect local businesses with nationwide customers.
Krystal Integrated Services shares rise 4.14% after ₹740cr government contracts
Krystal Integrated Services' shares rose 4.14% on Tuesday after securing two government contracts worth ₹740 crore for sewage treatment projects in Maharashtra.
Counterpoint finds more Indians choose 10 month EMIs for smartphones
India's smartphone financing system sees rising EMI tenures, with NBFCs averaging 10 months in Q2 2026, as consumers prioritize affordable monthly payments over upfront costs.
SBI chairman CS Setty backs banks' AI for farmers, SMEs
State Bank of India Chairman CS Setty emphasized leveraging AI to enhance credit access for farmers and MSMEs, aligning with India's 2047 developed economy goal.
RBI to provide banks digital payments intelligence platform using AI
The Reserve Bank of India will introduce a Digital Payment Intelligence Platform to help banks combat digital payment fraud using AI and machine learning technologies.
RBI Governor Sanjay Malhotra urges banks to understand AI risks
RBI Governor Sanjay Malhotra emphasized that success in the AI era hinges on strategic deployment and accountability, leveraging India's robust public digital infrastructure.
Adani Group shares rally after US court dismisses criminal charges
Adani Group stocks surged after a US court dismissed bribery charges against Gautam Adani, alleviating legal uncertainties and boosting investor confidence.
Ardee Industries lists Wednesday on BSE NSE, ₹425.87 cr IPO
Ardee Industries shares are set to debut on Indian bourses on 12 August, with a grey market premium indicating a potential listing at a 25.5% premium to the issue price.
Molbio Diagnostics IPO fully subscribed with strong non institutional demand
Molbio Diagnostics' Rs 940-crore IPO was fully subscribed by August 11, with strong demand from non-institutional and retail investors.
OpenAI completes $7B secondary share sale at $852B valuation
OpenAI has successfully completed a secondary share sale worth around $7 billion, granting past and present employees the opportunity to cash out equity based on an $852 billion valuation.
Singapore raises 2026 forecast to 4.5% to 5.5% on AI
Singapore upgraded its 2026 economic growth forecast to 4.5%-5.5%, driven by robust global AI investments and a milder-than-expected impact from the Middle East conflict.
GenAI could add $14-$17B to India real estate, report says
India's $650-billion real estate sector is embracing AI to revolutionize construction, boost efficiency, and reshape project execution for smarter, faster growth.
Aditya Birla Sun Life AMC launches 2 long-short equity funds
Aditya Birla Sun Life AMC introduces Apex Equity Long-Short Fund and Apex Equity Ex-Top 100 Long-Short Fund, offering dynamic equity exposure strategies.
Five Indian private banks seek $3B via RBI dollar window
HDFC Bank and four other private lenders plan to raise up to $3 billion via dollar bonds or loans, leveraging an RBI facility that lowers overseas borrowing costs.
Australia delays world's first work-from-home law
Australia's Victoria state has postponed the implementation of a landmark law that would have given eligible workers a legal right to work from home for two days a week.
India smartphone shipments fall 11.1% in Q2 2026, $315 average
India's smartphone market contracted 11.1% in Q2, with Chinese brands facing double-digit shipment declines, while Samsung and Apple maintained stability.
Info Edge expects strong FY2027 as Naukri AI drives growth
Info Edge anticipates a robust FY27, driven by the growing adoption of Naukri's AI-powered tools like AI-Rex and Talent Pulse, despite a modest overall hiring market.
Milky Mist Dairy launches IPO ₹133-₹140, seeks over ₹1,500cr
Milky Mist Dairy Food's ₹1,553 crore IPO opens today with a price band of ₹133-140 per share. Grey market premium suggests a potential 14% listing gain.
Oil slips amid US President Donald Trump Iran compensation dispute
Crude oil futures dipped on Tuesday morning, despite former US President Donald Trump's call for Iran to compensate victims of past conflicts.
Investors drive Dalal Street after June quarter earnings, corporate moves
Dilip Buildcon fell 3% as Q1 profit plunged 50.7%, while L&T Technology gained nearly 3% after unveiling its AgenticIQ AI platform for engineering and manufacturing sectors.
Greg Abel's moves push Berkshire Hathaway highest since May 2025
Berkshire Hathaway shares surged to record highs as Greg Abel's leadership boosted capital deployment, with Q2 profits rising 16% and revenue growing 10%.
Bitcoin slips to $63,754 then rebounds amid economic uncertainty
Bitcoin's price dropped 1.38% in 24 hours, trading at $64,072.81 as macro uncertainty and leveraged positions fueled fresh market volatility, according to crypto analysts.
ASSOCHAM KPMG report: AI set to power Indian fintech
AI is transforming India's fintech sector, evolving from a tool to a core intelligence layer, powered by robust Digital Public Infrastructure.
Hero MotoCorp Q1 FY27 profit up 33%, revenue ₹13,000 cr
Hero MotoCorp's Q1 FY27 profit surged nearly 33%, fueled by robust demand for premium motorcycles and electric scooters, with revenues rising 36% YoY to ₹13,000 crore.
Vietnam's VinSpace to launch satellites on SpaceX Transporter in 2027
VinSpace, a subsidiary of Vingroup, has secured a contract with SpaceX to launch its satellites on a Transporter rideshare mission scheduled for 2027.
Government stops short of raising EPS from ₹1,000 to ₹7,500
EPS pensioners are demanding a hike in the minimum pension from Rs 1,000 to Rs 7,500. The government has yet to confirm any immediate plans for an increase.
Lalithaa Jewellery Mart IPO open Aug 17-19, price band ₹190-₹201
Lalithaa Jewellery Mart has announced its IPO price band at ₹190-201 per share, with subscription open from 17 to 19 August and listing expected on 24 August.
State Bank of India plans $500m 5-year dollar bond sale
State Bank of India plans to raise at least $500 million through a five-year dollar bond issue, with pricing set at 120 basis points over US Treasuries.
Sunshine Pictures IPO priced ₹342-₹360, subscription opens August 18
Sunshine Pictures Limited has set its IPO price band at ₹342-₹360 per share, with the subscription window open from August 18 to August 20. The offering size is ₹282 crore.
Air India, IndiGo appoint Tewolde Gebremariam and Willie Walsh CEOs
Willie Walsh and Tewolde Gebremariam take charge at IndiGo and Air India, steering their airlines through operational challenges and strategic growth in a turbulent industry.
Meta CEO Mark Zuckerberg says AI will not end work
Mark Zuckerberg predicts AI will create abundant jobs, even as Meta invests $145 billion in AI development following layoffs of 8,000 workers to streamline operations.
Brent $88 and US crude $83.50 rise on Hormuz tensions
Crude oil climbed to $88 as US President Trump's compensation demand complicated efforts to reopen the Strait of Hormuz, intensifying supply concerns and geopolitical risks.
SEC settles fraud case with Adit Ventures Management, Eric Munson
The SEC settled fraud charges with Adit Ventures and its executives over alleged misuse of client funds and false claims tied to pre-IPO investments in SpaceX and Klarna.
Gold hits $4,484.30 as weak US jobs dampen Fed bets
Gold prices climbed for the third consecutive session, rising 1.46%, while silver outperformed with a 2.03% gain, as investors anticipate potential US interest rate adjustments.
Anthropic locks $9.1B, 20-year Texas compute deal with Riot Platforms
Anthropic has secured a $9.1 billion, 20-year agreement with Riot Platforms for 191 megawatts of computing power to meet growing demand for its AI tools.
JPMorgan Chase to expand Asia-Pacific corporate banking hiring through 2027
JPMorgan Chase plans to sustain its hiring momentum in Asia Pacific through 2027, driven by surging AI investments, data-centre development, and cross-border trade growth.
DIAL to raise ₹3,550cr via 15-year bonds to refinance $522.6m
Delhi International Airport plans to issue ₹3,550 crore in 15-year bonds to refinance $522.6 million dollar debt, aiming for long-term rupee funding and flexible repayment terms.
Sify Infinit Spaces targets up to $4 billion expansion funding
Sify Infinit plans to raise $4 billion over four years to expand its data centre capacity, while its IPO timeline remains uncertain amid market challenges and industry competition.
Gold hits 2-month high above $4,400 ahead of US inflation
Gold surged to a two-month high of $4,410.92 an ounce, driven by technical buying and increased ETF inflows, as traders await US inflation data for clues on Federal Reserve policy.
Rupee weakens 11 paise to ₹95.28 versus US dollar
The Indian rupee fell by 11 paise to ₹95.28 against the US dollar, impacted by rising crude oil prices and geopolitical tensions in West Asia.
Indian companies adopt hybrid AI after Moonshot's Kimi K3 showing
Indian enterprises are adopting hybrid AI strategies, balancing cost and control as open-weight models like Kimi K3 rival proprietary options in performance.
Indian AI startups draw larger early funding, changing VC strategies
AI startups in India attract higher seed and Series A investments, prompting venture capitalists to adjust strategies for securing significant stakes in this competitive sector.
OpenAI completes $7B buyback, values company at $852B, eyes IPO
OpenAI has executed a $7 billion share buyback from employees, valuing the company at $852 billion, as it explores liquidity options ahead of a potential IPO.
Trump Media posts $238 million Q2 loss, refocuses on Truth Social
Trump Media reported a $238 million Q2 loss, over 10 times last year’s figure, prompting a strategic shift back to its Truth Social platform and key initiatives.
Sergey Brin spends over $100 million to oppose California's Prop 40
Google co-founder Sergey Brin has contributed over $100 million to oppose California’s Prop 40, a proposed one-time 5% tax on billionaires’ net worths.
Rippling and Runlayer locked in legal battle over AI patents
HR software giant Rippling has filed a countersuit against NYC AI startup Runlayer, alleging patent infringement and intellectual property theft amid an escalating legal dispute.
Trump Media and Technology Group says $360.6 million H1 crypto loss
Trump Media and Technology Group reported a $360.6 million loss in H1 2026, with its bitcoin holdings dropping by 65 BTC amid falling cryptocurrency prices.
European gas prices jump over 10% after Hormuz talks falter
European natural gas prices spiked over 10% as failed Iran-Oman talks on reopening the Strait of Hormuz fueled doubts about a swift resumption of global LNG flows.
Piyush Goyal urges local bodies to adopt GeM for purchases
Commerce Minister Piyush Goyal urged onboarding more state agencies, municipalities, and panchayats to India's GeM platform to boost procurement volumes and competitiveness.
India's unemployment rate hits 5.4% between April and June 2025
India's unemployment rate climbed to 5.4% in Q1 FY27, driven by rising rural joblessness, while youth unemployment hit a concerning 15.9%, particularly among young women.
Oil surges 5% as U.S.-Iran tensions make Hormuz reopening unlikely
Oil prices surged 5% as Iran and the U.S. exchanged compensation demands, while prospects for reopening the Strait of Hormuz dimmed, threatening global energy supply stability.
Hindustan Copper posts Q1 consolidated net profit ₹352.61cr, income ₹953.60cr
Hindustan Copper Limited reported a consolidated net profit of Rs 352.61 crore in Q1 FY24, more than double the Rs 134.28 crore achieved in the same period last year.
Lightstorm secures ₹2,500cr IndusInd Bank loan for AI fiber
Lightstorm has raised ₹2,500 crore from IndusInd Bank to develop AI-focused fibre infrastructure, connecting major data centre hubs in India and international AI zones.
US Treasury yields climb on inflation and Middle East worries
U.S. bond yields rose Monday as investors anticipated key inflation data and monitored geopolitical tensions in the Middle East, impacting oil prices and market sentiment.
Utilities, courier, logistics providers can now use 1601 number series
India's telecom regulatory authority, TRAI, has expanded the use of the 1600-number series beyond banking and financial services.
Parliament clears taxation amendment bill: How it affects you?
Finance Minister Nirmala Sitharaman has clarified that the Unified Payments Interface (UPI) will continue to remain free for consumers.
South Korea announces $3.5B fund to boost its chip industry
South Korea has announced a massive 5 trillion won ($3.52 billion) semiconductor fund to boost its chip industry.
Jeff Bezos is buying a stake in Liverpool FC
Amazon founder Jeff Bezos is close to finalizing a deal to acquire a one-third stake in Liverpool Football Club.
DLF sells Gurugram penthouse to Manav Sardana for ₹271cr
Real estate giant DLF has sold a penthouse at its luxury housing project 'The Dahlias' in Gurugram for ₹271 crore.
Why Tukaram Mundhe-led Maharashtra FDA is digitizing milk supply chain
Maharashtra's Food and Drug Administration (FDA), under Commissioner Tukaram Mundhe, is spearheading a major digitization initiative to trace milk from farms to consumers.
US sanctions bill unlikely to sway India's Russian crude purchases
India is unlikely to reduce its crude oil imports from Russia in the near future, despite the recent US Senate sanctions bill.
This investor's ₹360cr Paytm bet is now worth ₹1,225cr
Ace investor Akash Bhansali has made a killing with his investment in fintech company Paytm.
India, Chile near trade deal with critical minerals in focus
India and Chile are nearing the final stages of a trade agreement, with commerce secretary Rajesh Agrawal likely to visit the South American nation this month.
Taiwan to boost defense spending amid rising Chinese military threats
Taiwan is gearing up to increase its defense budget by 16% next year, taking the total expenditure above T$1.1 trillion (around $31 billion).
Apple Pay to launch in India by October
Apple is gearing up to launch its digital payments service, Apple Pay, in India by October, as per a Business Standard report.
Modi government says airport operators can invest in airlines
The Indian government has clarified that there is no policy preventing major airport operators from holding significant equity in or running scheduled airlines.
Modi government raises ₹45,306cr via disinvestment, asset monetization in FY26
The Indian government has raised a whopping ₹45,306 crore through disinvestment and asset monetization in the fiscal year 2025-26.
Why Australia is probing China-linked rare earth investors
Australia's Economy Minister Jim Chalmers has intensified scrutiny on China-linked investors in a critical minerals project.
5 global oil giants post $48B profit amid US-Iran war
Five of the world's largest oil companies, Exxon Mobil, Chevron, BP, Shell and TotalEnergies, have reported a combined profit of $48 billion in the second quarter.
Meet Aswin K, new India GM of Singapore Airlines
Singapore Airlines has appointed Aswin K as its new General Manager for India, effective this month.
BSNL proposes ₹77,000cr capex for 4G, 5G expansion
Bharat Sanchar Nigam Limited (BSNL) has proposed a massive ₹77,000 crore capital expenditure plan over the next five years.
Sony, TSMC in talks to set up $6.4B chip factory
Sony Group Corp and Taiwan Semiconductor Manufacturing Company (TSMC) are in talks to set up a joint factory in Japan, according to Bloomberg.
Waiting for your ITR refund? Here's when it may arrive
After filing your Income Tax Return (ITR), the next big question is when the refund will be credited to your bank account.
Zee, Punit Goenka challenge SEBI's market ban
Zee Entertainment Enterprises Limited (ZEEL) and its CEO Punit Goenka have challenged a Securities and Exchange Board of India (SEBI) order barring them from accessing the securities market.
Why Dabur has accused FSSAI of helping its rivals
Dabur has accused the Food Safety and Standards Authority of India (FSSAI) of favoring certain manufacturers with its ban on "100%" claims.
Your grocery bills in India are about to go up
Leading fast-moving consumer goods (FMCG) companies in India are planning to raise prices in the September quarter.
US dollar near 2-month low: Here we decode why
The US dollar has fallen against major currencies, as investors await key inflation data.
Mahindra Group appoints Shveta Arya as Group Chief Strategy Officer
Mahindra Group has announced the appointment of Shveta Arya as its new Group Chief Strategy Officer.
AI engineering jobs in India growing 51% annually: LinkedIn CEO
India is witnessing a massive boom in the artificial intelligence (AI) job market, with AI engineering roles growing by an impressive 51% every year.
BSE launches REITs Index: What investors need to know
The Bombay Stock Exchange (BSE) has launched the BSE REITs Index, a new tool to track the performance of listed Real Estate Investment Trusts (REITs) in India.
Indian diaspora could help UPI expand globally
The National Payments Corporation of India (NPCI), the body behind India's popular mobile payments system, is eyeing global expansion.
Foreign investors return to IT stocks after months of selling
In a major development, foreign portfolio investors (FPIs) have shown interest in Indian information technology (IT) stocks for the first time this year.
HAL restarts Su-30MKI fighter jet production at Nashik
Hindustan Aeronautics Limited (HAL) has announced the revival of production for Su-30MKI fighter jets at its Nashik facility.
UPI growth slows amid debate over payment fees
The growth rate of Unified Payments Interface (UPI) transactions has slowed down by 10 percentage points in the first four months of FY27, compared to the same period last year.
Dhoot Transmission IPO opens with 30% GMP: Should you bid?
Dhoot Transmission Ltd. has opened its ₹3,066.89 crore initial public offering (IPO) today.
Oil prices climb to $85 as uncertainty clouds Hormuz reopening
Oil prices have witnessed an uptick on Monday due to the uncertainty surrounding the reopening of the Strait of Hormuz, a key transit route for global oil shipments.
Why ED filed fresh chargesheets against Anil Ambani group firms
The Enforcement Directorate (ED) has filed chargesheets against two companies of the Reliance Anil Ambani Group (RAAG) in separate money laundering cases.
889 serious technical defects found in flights in 2025: DGCA
The Directorate General of Civil Aviation (DGCA) has reported a significant increase in the number of serious technical defects in flights in 2025.
Modi government might raise CCEA approval threshold for FDI proposals
The Indian government is mulling a proposal to increase the threshold for foreign direct investment (FDI) proposals that need Cabinet Committee on Economic Affairs (CCEA) approval.
Berkshire Hathaway buys back $4.5B in shares, biggest since 2021
Berkshire Hathaway has spent around $4.5 billion to repurchase its own shares in the second quarter, the company's biggest quarterly buyback since 2021.
66% AI workers in India expect layoffs in few months
A recent survey by Blind, an anonymous community app for professionals, has revealed that 66% of employees in artificial intelligence (AI) and machine learning (ML) roles expect layoffs or significant headcount reductions within the next three to six months.
AI push is putting banks at risk, says Moody's
Moody's, a credit rating agency, has warned that the financial industry's rush to adopt artificial intelligence (AI) is making major banks overly reliant on a handful of Silicon Valley companies.
India Energy Week 2027 moves from Goa to Kolkata
India Energy Week (IEW) 2027 will take place from January 28 to January 31 at the Biswa Bangla Convention Centre in New Town, Kolkata.
India can save $5B thanks to GOBARdhan scheme
The Indian Biogas Association (IBA) has projected that the GOBARdhan Scheme will help reduce India's gas import bill by $5 billion.
Market cap of India's top 4 firms up ₹1.43L crore
The combined market capitalization of four of India's top 10 most valued companies rose by a whopping ₹1.43 lakh crore last week.
Snap co-founder erases $550M medical debt for Californians
Snap co-founder Evan Spiegel and his wife, supermodel Miranda Kerr, have donated millions to wipe out $550 million in medical debt for over 261,000 Californians.
SBI's AI-driven lending generates ₹22,000cr business in Q1
The State Bank of India (SBI) has reported a major boost from artificial intelligence (AI) in its lending business.
PhonePe, Razorpay back UPI charges on bigger merchants
Leading Indian fintechs, PhonePe and Razorpay, have supported the industry's push for merchant charges on larger businesses.
Delhivery's Q1 net profit falls 65% YoY to ₹32cr
Leading logistics company Delhivery has reported a 65% year-on-year drop in its net profit for the first quarter of FY27.
China's producer price inflation hits 3-month low: What's the reason?
China's producer price index (PPI) has witnessed a significant slowdown, rising only 3.5% year-on-year in July.
Milk in Maharashtra will become costlier from August 11
From August 11, the cost of cow and buffalo milk in Maharashtra will go up by ₹2 per liter.