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Nigerian carriers weigh flight pause amid 270% jet fuel rise
Nigerian airlines may cease operations from April 20 due to a 270% increase in jet fuel prices since February, making their operations unsustainable.
Meta hires Joshua Gross from Mira Murati's Thinking Machines Lab
Meta has hired Joshua Gross, a veteran software engineer and fifth founding member from Mira Murati's Thinking Machines Lab, bolstering its AI development team.
Private equity investments in India more than double to $637 million
Private equity investment in India's real estate sector doubled to USD 637 million in Q1 2026, driven by domestic investors and a focus on the office segment.
EU plans CBAM expansion, Indian exporters could face higher costs
The European Union's proposed expansion of its Carbon Border Adjustment Mechanism (CBAM) could increase carbon tax costs for Indian exporters, warns think tank GTRI.
Amazon sale features up to 83% off and $10 deals
Discover amazing discounts on Amazon, featuring items like comfortable bras, cooling pillows and more starting from just $10.
Intellect Design Arena launches eMACH.ai Retail 6DX for OnCost
Intellect Design Arena has implemented its eMACH.ai Retail 6DX platform for Kuwait-based retailer, OnCost, transitioning the company to an AI-first, cloud-native retail model.
S&P Global Ratings: India can grow 6.3% with $130 oil
S&P Global Ratings predicts a 6.3% growth for India in FY27, even if crude oil averages $130 per barrel.
Commercial LPG shortage hits India's restaurants causing ₹79,000cr monthly losses
The ongoing Iran war has led to a commercial LPG shortage, causing the Indian restaurant industry a monthly loss of ₹79,000 crore.
China resumes imports of Indian broken rice after multi-year pause
Despite previous rejections due to alleged GMO presence, China has recommenced buying broken rice from India, even as shipment costs rise due to increased bunker fuel prices.
MIC Electronics shares rise 3% after ₹2.22cr Indian Railways contract
MIC Electronics shares saw a 3% increase after securing new orders from Indian Railways, amounting to approximately Rs 2.22 crore.
India's airlines face ₹18,000cr hit from West Asia conflict
The ongoing West Asia conflict has caused an estimated loss of ₹18,000 crore to India's aviation sector, with a significant drop in inbound tourist traffic.
Survey: Almost 80% white-collar employees quietly push back on AI
Nearly 80% of enterprise white-collar employees are rejecting or bypassing AI tools, preferring manual task completion, according to a recent survey.
SEBI extends Social Stock Exchange registration validity for NPOs
The Securities and Exchange Board of India (Sebi) has extended the registration validity for not-for-profit organisations (NPOs) on the Social Stock Exchange (SSE) to three years.
WEF forecasts $56 trillion global growth in 5 years
The World Economic Forum predicts a $56 trillion increase in global GDP over the next five years, driven by advancements in emerging technologies.
India US trade talks resume as court ruling shifts leverage
Recent US policy changes and emerging pressure points are complicating India-US trade talks, necessitating a negotiation reset.
MosChip to buy 73% stake in Vayavya Labs for ₹245.49cr
MosChip Technologies' shares rose by nearly 7% after its board approved a 73% stake acquisition in Vayavya Labs for Rs 245 crore.
Sensex falls over 1,000 points, Nifty slides nearly 300 points
After an early rise, Sensex plunged by 1,000 points due to profit booking by investors, highlighting the need for caution in a volatile market.
Taiwan market tops UK as TSMC expects over 30% growth
Taiwan's market capitalization has exceeded $4 trillion, driven by a surge in AI-related exports, surpassing the UK's market value.
Samsung asks South Korean court to block strike related activities
Samsung Electronics has approached a court to prevent its South Korean labour unions from conducting illegal activities during a planned strike over wage disputes.
India's unemployment rate rises to 5.1% in March
India's unemployment rate has increased to 5.1% in March, up from 4.9% in February, government data shows. The rise is mainly attributed to a surge in urban joblessness.
Tax treatment of employer-provided meals revised: What it means
In a major development, the Central Board of Direct Taxes (CBDT) has revised the tax treatment of meal card benefits under new income tax rules.
No relief for Anil Ambani as SC upholds 'fraud' tag
The Supreme Court of India has rejected a plea by Anil Ambani, challenging the classification of his loan accounts as "fraud" by a consortium of banks.
Intel wins NCLAT reprieve in ₹27.38cr CCI warranty penalty
The National Company Law Appellate Tribunal (NCLAT) has temporarily halted the ₹27.38 crore penalty imposed on Intel Corp by the Competition Commission of India (CCI).
Tim Cook increases Nike stake with fresh $1M investment
Apple CEO Tim Cook, who also serves on Nike's board, has bought $1 million worth of the shoemaker's stock. The move is seen as a vote of confidence in the company.
Darpan Jain visits US April 20 to resolve legal details
Chief negotiator Darpan Jain and his team will visit the US from April 20 to advance bilateral trade talks under a revised framework.
Disney to cut about 1,000 jobs, Josh D'Amaro says
The Walt Disney Co is laying off nearly 1,000 employees, offering them severance packages based on their rank and tenure with the company.
Shoe brand pivots to AI, stock soars 600%
Allbirds, the sustainable footwear brand known for its popular Wool Runners, has announced a major shift in its business model.
Google backed venture raises $5.7B to fund Indiana AI centers
Data centers associated with Google are aiming to raise $5.7 billion through a junk bond sale, marking the largest deal of its kind to fund the AI expansion boom.
MCX silver up 0.82% to ₹253,800/kg amid US trade uncertainty
Silver futures experienced a significant 0.82% increase, reaching Rs 2,53,800 per kilogram due to uncertainties surrounding US trade policy.
Sam Altman challenges his sister's lawsuit claims
Sam Altman, the co-founder and CEO of OpenAI, has filed a counter-defamation lawsuit against his sister Annie.
India's push to move feature phone users meets rising costs
The AI-driven memory chip shortage and a strong dollar are expected to delay India's transition from feature phones to smartphones.
Ticketmaster ruled illegal monopoly in major antitrust verdict
A Manhattan jury has declared Live Nation-Ticketmaster an illegal monopoly, Bloomberg reported.
Tesco warns profits may dip amid Middle East conflict uncertainty
Tesco, the UK's largest supermarket, has cautioned that its profits may drop in the upcoming year due to increased uncertainty stemming from the conflict in the Middle East.
Google set for $100B gain from SpaceX IPO
Google is poised to rake in a massive windfall of over $100 billion from its early investment in Elon Musk's SpaceX.
Maruti Suzuki share drops to 39.26%, lowest in 13 years
Maruti Suzuki's dominance in India's car market is waning, with its share dropping to a 13-year low of 39.26% in FY26 amid rising competition and changing consumer preferences.
Alembic Pharmaceuticals wins FDA approval for generic methotrexate injections
Alembic Pharmaceuticals' shares rose after receiving USFDA approval for its generic cancer treatment drug, Methotrexate Injection.
TCS resumes regular salary hikes after 2% headcount cut
Tata Consultancy Services (TCS) has announced the end of its layoff cycle and a return to its standard salary increment process, following a year of workforce changes.
UK economy posts unexpected 0.5% growth before Middle East conflict
The UK economy unexpectedly grew by 0.5% in February, prior to the Middle East conflict that dampened growth expectations for 2026.
India's LPG crisis may take 4 years to ease: Report
India's Liquefied Petroleum Gas (LPG) supply chain disruption could take three to four years to normalize, according to a Moneycontrol report citing a senior government official.
Bitcoin near $75,000 amid U.S.-Iran tensions, spot ETFs $411 million
Bitcoin traded close to $75,000 on Thursday, bolstered by significant ETF inflows and institutional demand despite ongoing U.S.-Iran conflict uncertainties.
Pakistan receives $2B from Saudi Arabia ahead of repayments
Pakistan has received a $2 billion financial aid from Saudi Arabia to bolster its reserves as it grapples with repaying a $3 billion loan to the UAE.
White House denies seeking Iran ceasefire, Leavitt says talks possible
The US denies pushing for a ceasefire with Iran, while AI investments remain steady despite rising oil prices. Meanwhile, Tata Group reports another quarterly loss.
Bitcoin rises above $75,318 settles at $74,999 amid U.S.-Iran tensions
Bitcoin's value fluctuates, reaching $76,000 due to the West Asia crisis but faces a critical test as it struggles to maintain these gains.
Indian family offices move funds to US chasing AI growth
Indian family offices are increasingly investing in global markets, particularly the US, due to the expanding opportunities in artificial intelligence (AI).
Gold, silver prices jump on geopolitical tensions and currency fluctuations
Gold and silver prices witnessed a jump in Thursday's trade, owing to geopolitical uncertainties, currency fluctuations, and a general risk-on sentiment in global equities.
Flipkart eyes $2.5B pre-IPO funding round
Flipkart, the leading Indian e-commerce platform owned by Walmart, is looking to raise between $2 billion and $2.5 billion in a pre-IPO funding round, according to Moneycontrol.
TCS shuts Nashik office amid probe into harassment, conversion allegations
Tata Consultancy Services (TCS) has shut operations at its Nashik office, halted fresh hiring, and asked employees to work from home.
Marc Andreessen, Ben Horowitz invest $25 million in Leading the Future
Marc Andreessen and Ben Horowitz have invested $25 million into a pro-AI super PAC, raising its total funds to over $51 million.
RailTel shares jump 25% to ₹354 after nearly ₹700cr contracts
RailTel's shares have surged by 25% following the acquisition of fresh orders worth over Rs 700 crore, boosting investor sentiment.
China's economy grows 5% in Q1, surpassing expectations
China's economy expanded by 5% year-on-year in the first quarter of 2026, beating expectations amid the ongoing US-Israel war with Iran.
Flipkart seeks up to $2.5B ahead of planned IPO
Flipkart, owned by Walmart, is reportedly exploring a pre-IPO fundraising round of $2-2.5 billion, meeting with investors globally to gauge interest.
Ford's EV and tech chief exits company
Doug Field, the executive who has been instrumental in shaping Ford's electric vehicle (EV) and technology strategies for the past five years, is leaving the company.
BBC to cut 2,000 jobs in major cost-saving effort
The British Broadcasting Corporation (BBC) has announced plans to cut up to 2,000 jobs as part of a major cost-saving effort.
Oil prices drop below $95 as US-Iran tensions ease
Oil prices fell on Thursday, amid hopes of a potential easing of US-Iran tensions and ongoing concerns over supply disruptions.
India eyes ₹2-2.5L cr credit guarantee amid Iran gas threat
The ongoing Iran war could disrupt India's economy as severely as the Covid pandemic did six years ago, with potential long-term effects.
Vinay Kwatra meets US officials to advance India-US trade pact
Indian Ambassador to the US, Vinay Mohan Kwatra, met with US Trade Representative Jamieson Greer to discuss the final stages of a bilateral trade agreement.
TSMC poised for record Q1 profit as AI demand surges
TSMC, the world's leading AI chip manufacturer, is set to report a 50% quarterly profit increase due to soaring demand for AI infrastructure.
Kotak Mahindra $3B defense bets lift large and midcap returns
Kotak Mahindra Asset Management Co.'s $3 billion fund is backing Indian defence stocks, outperforming 98% of its peers over the past five years.
Sam Altman seeks dismissal, files defamation counterclaim against Annie Altman
OpenAI CEO Sam Altman is seeking dismissal of punitive damages in a sexual abuse lawsuit filed by his sister, Annie Altman.
Oil slips as White House cautions Iran may face pressure
Crude oil prices softened, with Brent crude futures falling to $94.49 a barrel and West Texas Intermediate crude dropping to $90.59, amid hopes of easing US-Iran tensions.
Alphabet's SpaceX stake trimmed after xAI merger still $100 billion
Alphabet Inc. could see a $100 billion windfall from its early investment in SpaceX, following the space company's planned initial public offering (IPO).
Jewelry shares up 11%-23% as March sales rise 32%-124%
Jewellery companies are experiencing significant share growth due to strong wedding and festival demand, despite high gold prices.
Indian markets set to open higher, FIIs add ₹666 cr
Indian markets are expected to open stably on Thursday, buoyed by positive global cues and easing geopolitical tensions.
May Habib study finds some Gen Z resisting workplace AI
New research reveals that Gen-Z employees are subtly sabotaging AI adoption at workplaces, driven by job insecurity and lack of trust.
US ends waiver allowing oil purchases from Russia and Iran
The US has decided not to renew a temporary sanctions waiver allowing limited purchases of Russian and Iranian oil by countries including India, indicating stricter enforcement.
IMF chief Georgieva warns economy faces Middle East conflict strain
IMF chief Kristalina Georgieva warns of potential economic difficulties if the Middle East conflict persists and oil prices remain high.
OpenAI drops Stargate Norway deal, recommits to Azure $250B
OpenAI has scrapped plans for a data centre in Norway, instead opting to access computing resources through its existing partnership with Microsoft's Azure cloud division.
BankSathi, GoodScore and Credgenics use AI to reduce loan rejections
Fintech startups are employing artificial intelligence (AI) to help borrowers increase their creditworthiness and decrease loan application rejections.
AI firms buy startups to build all in 1 solutions
AI companies are actively seeking startups for acquisition to enhance their full-stack capabilities and strengthen their competitive positioning in the rapidly evolving market.
Bengaluru startup Intellithink raises ₹17cr and expands into Middle East
Bengaluru-based industrial AI startup, Intellithink, has raised Rs 17 crore in a funding round led by Pentathlon Ventures.
Asian investors poured nearly $25B into AI startups since 2025
High-net-worth individuals and family offices from Asia invested $24.3 billion in global AI startups in 2025, nearly tripling the previous year's figures.
India posts $860.1 billion total exports in 2025-26, up 4%
Despite global challenges, India achieved a record high in goods exports at $442 billion during the fiscal year 2025-26.
Wall Street hits records on earnings and U.S.-Iran optimism
US stocks, particularly the S&P 500 and Nasdaq, hit record closing highs driven by strong corporate earnings and optimism over potential progress in US-Iran negotiations.
Arjun Singh of Gradescope receives UC Berkeley Mark Bingham Award
Arjun Singh, an Indian-origin entrepreneur and co-founder of Gradescope, has been awarded the prestigious Mark Bingham Award for his contributions to education technology.
India plans NCLT bench for cross-border insolvency under U.N. model
India is planning a special National Company Law Tribunal (NCLT) bench to expedite cross-border insolvency cases, following new bankruptcy rule amendments.
India steelmakers likely to post March quarter profit surge
Steelmakers are set for a significant profit increase in the March quarter, driven by new protectionist measures and seasonal demand.
RBI: Banks' credit rose 16% to ₹219L/cr deposits ₹267.8L/cr
Bank credit in India witnessed a robust 16% growth in FY26, outstripping the 13.4% rise in deposits, according to data from the Reserve Bank of India.
Gulf conflicts squeeze India's LPG as imports fall, production drops
India's monthly LPG imports have halved this month, while domestic production has also seen a 10% decrease, leading to a tight supply situation.
Dr Reddy's Laboratories secures India's approval for generic semaglutide tablets
Dr Reddy's Labs has secured regulatory approval in India to manufacture and sell generic versions of the anti-diabetes drug, semaglutide.
Noida clothing exporters on edge after Uttar Pradesh wage hike
Noida apparel exporters warn that increased minimum wages and labour unrest may disrupt shipments, potentially pushing global buyers towards competing markets.
Hightouch hits $100 million ARR after AI tools add $70 million
Hightouch, a startup specializing in AI-powered marketing tools, has achieved $100 million in annualized recurring revenue.
LinkedIn says higher interest rates caused 20% hiring drop
LinkedIn's Chief Global Affairs and Legal Officer, Blake Lawit, denies AI's impact on the 20% hiring decline since 2022, attributing it instead to rising interest rates.
San Francisco startup Glydways raises $170 million to launch pods
San Francisco-based startup Glydways has secured $170 million in a Series C funding round for its personal autonomous pods, with plans to raise an additional $250 million.
Foreign bonds: All about this investment option
Investing in foreign bonds can be an attractive option for Indian investors looking to diversify their portfolios and hedge against currency fluctuations.
PPF v/s FD: Which allows partial withdrawals?
Public Provident Fund (PPF) and Fixed Deposits (FD) are two popular investment options in India.
IT industry mulls reforms after TCS sexual harassment case
The recent incident at Tata Consultancy Services (TCS) has raised questions about the effectiveness of workplace harassment protocols in the IT industry.
Trump threatens to revise UK trade deal amid Iran tensions
US President Donald Trump has hinted that the trade deal between America and the UK could be modified.
India's unemployment rate surges to 5.1% in March
India's unemployment rate has hit a five-month high of 5.1% in March, up from 4.9% in February, according to the Periodic Labor Force Survey (PLFS).
Akshaya Tritiya 2026: Amazon, BharatPe, JioFinance launch digital gold offers
Ahead of Akshaya Tritiya, a major festival for gold purchases in India, various financial platforms and jewelry retailers have announced lucrative offers.
Sensex, Nifty rally 8.5% in April: Hold or book profit?
Indian stock markets have witnessed a major recovery in April, with the BSE Sensex and Nifty 50 both surging by 8.5% each.
Google hit with fresh monopoly lawsuit from app store rival
Aptoide, a Portugal-based Android app store, has filed an antitrust lawsuit against Google.
India's trade deficit in March shrinks to $20.98B
India's merchandise trade deficit narrowed to $20.98 billion in March, according to Reuters calculations based on government data.
Air New Zealand will let you sleep in bunk beds
Air New Zealand is set to revolutionize long-haul travel with its new Economy Skynest sleeping pods.
Air India seeks funds from shareholders after ₹22,000cr loss
Air India has reported a massive annual loss of over ₹22,000 crore ($2.4 billion).
Richest Australian Gina Rinehart ordered to share mining fortunes
Gina Rinehart, Australia's wealthiest person with an estimated net worth of A$38 billion ($27 billion), has been ordered by a court to share some of her riches.
You can soon buy insurance from Muthoot Finance
Muthoot Finance, a leading player in the financial services sector, is planning to expand its business operations by venturing into the insurance distribution space.
Snap might lay off 20% of its workforce
Snap Inc, the parent company of Snapchat, is gearing up for major layoffs, according to tech reporter Alex Heath.
Your Lufthansa flight tomorrow might get canceled
Lufthansa passengers may face disruptions this week as the airline's pilots have announced another two-day strike in Germany.
How Anthropic's new AI model will affect Indian IT stocks
The Indian IT sector is facing a downturn, with Nifty IT index falling by 17% in 2026.
Tech Mahindra denies allegations of religious discrimination at workplace
Tech Mahindra has strongly denied allegations of religious discrimination within its offices.
Did Zoho fire 300 freshers? Here's what the company said
A viral post on X has claimed that Zoho, a leading Indian tech company, has laid off nearly 300 freshers without notice.
India's wholesale inflation rises to 12-month high
India's wholesale price inflation (WPI) surged to a 12-month high of 3.88% in March, up from February's 2.13%, government data released today showed.
India's gems and jewelry exports fall 35% in March
India's gems and jewelry exports have witnessed a sharp decline of 35.23% year-on-year to $1,783.67 million (₹16,597.20 crore) in March 2026.
Why is Elon Musk facing heat over X Money?
Senator Elizabeth Warren has raised concerns over Elon Musk's upcoming payments platform, X Money.
LIC shares up almost 5% today: Here we decode why
Shares of the Life Insurance Corporation of India (LIC) surged nearly 5% today to ₹835.55 apiece after the company announced its first-ever bonus issue.
8th Pay Commission: Staff body seeks ₹69,000 basic, 6% hike
The staff side of the National Council-Joint Consultative Machinery (NC-JCM) has submitted a 51-page memorandum to the proposed 8th Central Pay Commission.
Disney begins layoffs, plans to cut 1,000 jobs
The Walt Disney Company has initiated its latest layoff round expected to cut 1,000 jobs across the company.
Sensex jumps 1,300 points on falling crude prices, US-Iran talks
India's benchmark stock indices, the Sensex and Nifty, opened sharply higher on Wednesday. The surge comes after a decline in crude oil prices and renewed hopes of US-Iran talks.
Amazon buys Globalstar for $11.6B to rival Musk's Starlink
Amazon has announced its plan to acquire satellite company Globalstar in a deal worth $11.57 billion.
Oil prices dip below $95 as US-Iran war fears ease
Oil prices have declined for the second consecutive day, amid hopes of renewed US-Iran negotiations.
India's GDP to grow at 6.5% in FY27, says IMF
The International Monetary Fund (IMF) has revised India's GDP growth forecast for the current fiscal year to 6.5%.
Planning to take a home loan? Keep reading
Navigating the world of home loans can be tricky, especially for first-time buyers in India.
Business loans v/s personal loans: Key facts and differences
In India, both personal and business loans are crucial financial tools. However, they serve different purposes and come with different terms.
Billionaire Evergrande boss Hui Ka Yan pleads guilty to fraud
Hui Ka Yan, the billionaire founder of Evergrande Group and one of China's richest men, has pleaded guilty to fraud charges in a Chinese court.
Russia's fuel export revenues doubled to $19B in March
Russia's oil and fuel export revenues have almost doubled to $19.04 billion in March, a significant jump from February's $9.75 billion.
Akshaya Tritiya: Dubai shops see gold rush from Indian diaspora
The Dubai Gold Souk is witnessing a major rush this week, thanks to Dubai's large Indian diaspora celebrating Akshaya Tritiya.
Shocking! Amazon warehouse staff continue working as co-worker lies dead
In a shocking incident, an Amazon employee died at work in Troutdale, Oregon.
Air India's upgraded Boeing Dreamliner returns: What has changed?
Air India's first retrofitted Boeing 787-8 Dreamliner, VT-ANT, has returned to India after a nine-month refurbishment process in California.
IndiGo's limited-run summer sale makes flights cheaper: Check deals
IndiGo has launched a special 'Summer Getaway' sale, offering discounts of up to 10% on domestic and international flight bookings.
BharatPe co-founder Shashvat Nakrani steps down as operating chief
BharatPe co-founder Shashvat Nakrani has announced his resignation as the company's Chief Operating Officer (COO).