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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.
SpaceX records 1st net retail outflows since June 12 IPO
Retail investors turned net sellers of SpaceX shares on Friday, marking the first such instance since its June IPO, as profit-taking and risk reassessment drove the shift.
Mumbai's Shankesh Jewellers launching ₹370cr IPO on August 18
Shankesh Jewellers, a Mumbai-based gold jewellery manufacturer, will debut its Rs 370 crore IPO on August 18, featuring a mix of fresh issue and offer-for-sale shares.
Bengaluru SpiceJet staff threaten indefinite strike over unpaid salaries
SpiceJet employees at Bengaluru airport have warned of an indefinite strike over delayed salaries, with payments pending for three months and inconsistencies since October 2025.
Lupin gets FDA nod for hyperkalemia drug and reports profits
Lupin Ltd has secured US FDA approval for its Sodium Zirconium Cyclosilicate, a bioequivalent to AstraZeneca's Lokelma, targeting hyperkalemia treatment in adults.
TSMC posts 44.7% July revenue jump amid AI demand
TSMC's July revenue soared 44.7% year-on-year, driven by surging global demand for advanced AI chips as companies like Nvidia and Google invest heavily in AI infrastructure.
Crypto traders move to AI and hot tech stocks
As AI stocks surge, former crypto enthusiasts like Daniel Koss and Ryan Ho are abandoning bitcoin for artificial intelligence, chasing real-world applications and explosive growth.
Zostel withdraws application against PRISM, Delhi HC refuses SEBI intervention
Zostel has withdrawn its recent application before the Delhi High Court, continuing its long-standing legal battle with PRISM, OYO's parent company.
Sebi proposes ISIN limit hike to ease corporate repayments
Sebi suggests raising ISIN limits for debt securities, enabling companies to better manage cash flows and ease refinancing pressures through staggered repayment schedules.
US employers face $4,000 and $4,500 H-1B L-1 extension fees
The US will impose new fees of $4,000-$4,500 on H-1B and L-1 visa extensions starting September 9, significantly increasing costs for Indian IT firms with large onsite workforces.
Info Edge's Shiksha reports Q1 FY27 decline amid Google AI
Shiksha's Q1 FY27 billings dropped 23% year-on-year to Rs 35 crore, as AI-driven changes in Google search impacted referral traffic, a key acquisition channel for the platform.
Zee Entertainment profit falls nearly 47% despite 4.5% revenue growth
Zee Entertainment reported a 46.9% YoY drop in Q1 profit to ₹76.3 crore, despite a 4.5% rise in revenue, as advertising revenue declined significantly during the quarter.
Intel to sell $15 billion stock to meet AI demand
Intel Corp. plans a $15 billion stock offering to fund growth opportunities, leveraging investor optimism as its data center segment thrives amid the AI-driven market boom.
Parliament passes Taxation and Other Laws Bill, UPI remains free
Parliament passed the Taxation and other Laws (Amendment) Bill, ensuring UPI transactions remain free for consumers, as confirmed by Finance Minister Nirmala Sitharaman.
BSNL and Vodafone Idea discuss expanded tower sharing and technology
BSNL and Vodafone Idea are discussing expanded tower sharing for 4G and 5G services, while identifying data centres, AI, and cloud as potential collaboration areas.
Strategy (MSTR) sells 1,690 bitcoin averaging $64,262 per coin
Strategy sold 1,690 bitcoin for $108.6 million and raised $653.1 million through MSTR stock sales, allocating proceeds to repurchase shares and bolster its USD reserve.
Blackbaud opening 2nd Hyderabad office, boosting India team to 1,000
Blackbaud, a U.S.-based software provider for the nonprofit sector, is set to open a second office in Hyderabad's Financial District, aiming to grow its India headcount to 1,000.
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.
Five IPOs this week aim for ₹7,479cr, Dhoot Transmission leads
Five diverse IPOs are launching this week, led by Dhoot Transmission, marking a shift as fresh capital increasingly dominates fundraising for growth over shareholder exits.
India labor force participation rate drops to 54.6% April-June 2026
India’s Labour Force Participation Rate (LFPR) dropped to 54.6% in Q1 2026, while the share of regular wage and salaried employment rose across both rural and urban areas.
Indian government bonds steady as 2036 yield dips to 6.7594%
Indian government bonds remained stable on Monday as softer U.S. jobs data eased rate hike concerns, while rising crude oil prices limited gains in the debt market.
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.
India records 2.8 million bpd Russian oil imports last month
India's imports of Russian crude oil surged to a record in July 2026, accounting for 55.5% of total crude imports, driven by increased shipments through smaller terminals.
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).
South Korea unveils 5 trillion won chip fund, trade finance
South Korea plans to launch a $3.5 billion semiconductor fund targeting materials, parts, and fabless firms while accelerating development of new manufacturing hubs nationwide.
Union Mutual Fund names Rajkamal Tiwari interim CEO August 11
Union Mutual Fund has named Rajkamal Tiwari as interim CEO, effective August 11, succeeding Madhukumar Nair. Tiwari brings over 26 years of financial services experience.
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.
RBI delays stricter loan recovery guidelines until January 2027
RBI's new loan recovery norms, effective January 2027, aim to curb harassment by recovery agents and ensure banks maintain strict oversight of their debt collection practices.
Sonata Software's AI order book jumps 27%, pipeline $340m
Sonata Software's AI-led order book grew 27% quarter-on-quarter, reaching $340 million, even as delayed decision-making on larger deals impacted the company's overall order book.
OpenAI hires Dean Ball, sparking Washington debate over Chinese AI
OpenAI’s decision to hire Dean Ball, a former Trump AI team member criticized as “irrelevant” by officials, risks straining its relationship with the White House, sources reveal.
DGFT waives physical challans for voluntary Advance Authorisation, EPCG payments
The DGFT has eliminated the need for physical duty payment challans from August 1, 2026, streamlining the EODC process under Advance Authorisation and EPCG schemes.
Bitcoin $65,242, US spot bitcoin and ether ETFs pull $1.1B
Bitcoin trades near $65,000 after a volatile week, buoyed by $1.1 billion in crypto ETF inflows, as markets await US CPI data to gauge the next price direction.
India among top global IPO markets after China raising 1.9L/cr
Indian companies raised ₹1.9 lakh crore through over 360 IPOs in FY26, maintaining a robust primary market despite cooling listing gains and heightened investor selectivity.
Info Edge posts ₹490cr Q1 FY27 profit while revenue ₹881cr
Info Edge reported a 43% year-on-year profit growth to Rs 490 crore and an 11% revenue increase to Rs 881 crore in Q1 FY27, driven by strong recruitment solutions performance.
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.
SEBI pulls exchange trading data over unusual closing auction trades
SEBI is scrutinizing trades from August 3-4's Closing Auction Session to assess if sharp index movements were influenced by manipulative practices, sources revealed.
American Express cuts Platinum Travel Card milestone rewards in India
American Express will reduce milestone rewards for its Platinum Travel Credit Card in India from September 10, 2026, sparking criticism among cardholders.
HDFC Bank trims MCLR 5bps, new rates 8% to 8.65%
HDFC Bank has reduced its Marginal Cost of Funds-based Lending Rate (MCLR) by 5 basis points across most tenures, effective August 7, 2026, following RBI's repo rate pause.
Perplexity CEO Aravind Srinivas credits Sam Altman's advice on strengths
Sam Altman advised Aravind Srinivas to pursue what feels easy for him but hard for others, a principle that helped Srinivas identify his strengths and build Perplexity AI.
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.
India and Chile near CEPA to improve India's mineral access
India and Chile are finalizing a Comprehensive Economic Partnership Agreement, with New Delhi prioritizing access to Chile's critical minerals like copper and lithium.
Revolut secures French banking license from ACPR, sets Paris hub
Revolut has obtained a French banking licence, marking a pivotal step in its European growth and plans to establish Paris as its Western Europe headquarters.
Vinay Subramanyam named Mondelez India vice president of marketing
Vinay Subramanyam joins Mondelez India as Vice President – Marketing, succeeding Nitin Saini, who transitions to a regional leadership role in South-East Asia.
Pune-based Bharat Forge plans to raise ₹2,500cr for growth
Bharat Forge's board has approved raising up to ₹2,500 crore through equity or debt instruments, subject to shareholder and regulatory approvals, as part of its expansion strategy.
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.
India GCCs shift to AI and product engineering, Nasscom forecasts
India's Global Capability Centres (GCCs) are shifting focus from large-scale operations to smaller, AI-driven teams prioritising specialised expertise and innovation.
SBI Mutual Fund launches 'SBI Balanced Hybrid Fund' NFO
SBI Mutual Fund introduced the SBI Balanced Hybrid Fund on August 10, blending equity and debt investments. The New Fund Offer (NFO) is open until August 24.
Blue Dart Express Q1 sales ₹1,657.72cr up 15% profit ₹86.68cr
Blue Dart Express posted standalone net sales of Rs 1,657.72 crore in June 2026, marking a 14.97% year-on-year growth from Rs 1,441.92 crore in June 2025.
To avoid Strait of Hormuz, ADNOC Gas mulls LNG plant
ADNOC Gas is exploring plans for a new LNG export facility on the UAE’s east coast, aiming to bypass the disrupted Strait of Hormuz amid regional tensions.
Fujiyama Power Systems stock jumps after 2GW Ratlam plant opening
Fujiyama Power Systems shares surged 5.35% after commissioning a 2 GW power electronics manufacturing facility in Ratlam, boosting its rooftop solar production capacity.
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.
Nuvama Research sees $300-$400B AI market, automation trims revenues
Nuvama Research dismisses existential threats from generative AI, projecting a $300-400 billion market expansion for Indian IT services by 2030 amid rising AI-led transformations.
Shein likely to land $22 to $25 billion IPO valuation
Shein's valuation is projected at $22-$25 billion by Bloomberg Intelligence, falling short of the $30 billion target amid slowing growth and regulatory pressures.
PMJDY has opened more than 58.84cr accounts, women hold 32.79cr
Over 58.84 crore Jan Dhan accounts have been opened as of July 2026, with women holding more than half, significantly boosting financial inclusion in rural and semi-urban areas.
BSNL plans ₹77,000cr 5 year investment for 2L 4G sites
BSNL has announced a ₹77,000 crore capital investment over five years to add 200,000 4G sites, strengthen its network infrastructure, and roll out 5G in high-traffic areas.
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.
Kalyan Jewellers Q1 FY2027 sales up 46.94% profit up 25.28%
Kalyan Jewellers India achieved standalone net sales of Rs 9,025.52 crore in June 2026, marking a remarkable 46.94% year-on-year growth from Rs 6,142.24 crore in June 2025.
Mahindra Group names Amit Sinha CEO of Holidays and Lifespaces
Mahindra Group has named Amit Sinha as CEO of its Holidays and Lifespaces sector, emphasizing strategic growth and operational synergies across these 'Growth Gems.'
Axis Mutual Fund launches Nifty Energy Index Fund and ETF
Axis Mutual Fund introduces the Axis Nifty Energy Index Fund and ETF, tracking the Nifty Energy TRI. The NFOs open in August, offering exposure to India’s energy sector.
Indian firms should fund AI use and security, Swapna Bapat
Indian enterprises are allocating dedicated budgets for AI security as awareness grows about risks from unsecured AI, says Swapna Bapat of Palo Alto Networks.
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.
Palantir CEO Alex Karp warns AI firms create customer dependence
Palantir CEO Alex Karp accused AI firms like Anthropic and OpenAI of fostering dependency, urging businesses to prioritize control over data and intellectual property.
Biocon net sales ₹4,336cr up 10% profits ₹141.1cr up 349.36%
Biocon's consolidated net sales for June 2026 rose 10% year-on-year to Rs. 4,336.00 crore, with net profit surging 349.36% to Rs. 141.10 crore.
Marico posts June 2026 sales ₹3,957 cr profit ₹630 cr
Marico's consolidated net sales surged 21.42% year-on-year to Rs 3,957 crore in June 2026, with net profit rising 25% to Rs 630 crore.
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.
Tata Trusts meets August 13 aligning governance with Tata Sons
Tata Trusts will convene on August 13 to address governance concerns, share ownership disputes, and strategic alignment ahead of Tata Sons' AGM scheduled for August 18.
Arvind Panagariya says India's permission raj impedes investment and growth
India's "Permission Raj" hampers businesses and investors, says Arvind Panagariya, urging regulatory reforms to match technological advancements and boost investment opportunities.
Dabur sues FSSAI over '100%' ban, ₹150cr products at risk
Dabur has alleged that FSSAI's ban on "100%" claims unfairly favors competitors, risking Rs 150 crore in inventory and disrupting its retail supply chain without due process.
E-verified ITR refunds often credited within 2 to 6 weeks
Tax refunds are typically processed within two to six weeks if returns are filed accurately, e-verified promptly, and free from discrepancies, though timelines may vary.
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.
Emami April-June sales jump 14.95% to ₹1,039.21 cr, profits fall
Emami's consolidated net sales surged 14.95% year-on-year to Rs. 1,039.21 crore in June 2026, showcasing robust operational performance despite a decline in net profit by 16.38%.
Paytm parent One97 shares climb 4.5% after Bernstein upgrade
Paytm shares rose nearly 5% after Bernstein set a target price of Rs 2,200, surpassing its IPO price for the first time, citing potential UPI MDR monetisation from FY28.
ZEEL and Punit Goenka seek SAT relief over SEBI ban
Zee Entertainment and CEO Punit Goenka have approached the Securities Appellate Tribunal, seeking urgent relief against SEBI's market-access restrictions imposed on them.
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.
Blue Cloud Softech stock jumps 11% after $150 million SpaceX contract
Blue Cloud Softech shares jumped 11% on Monday following its US subsidiary's $150 million contract with SpaceX International for AI infrastructure and cybersecurity solutions.
Warren Buffett's Berkshire Hathaway posts nearly $20B net stock purchases
Berkshire Hathaway increased share buybacks and invested $10 billion in Alphabet stock in Q2, reducing its cash reserves while reporting a 16% rise in operating profit.
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.
SFO Technologies pairs with Smart IOPS for Kochi AI SSDs
SFO Technologies collaborates with US-based Smart IOPS to manufacture advanced AI-grade SSDs in Kochi, marking a milestone in India's high-tech manufacturing capabilities.
Government confirms P2P UPI transfers remain free for regular users
The government confirmed that UPI services for consumers will remain free, with most merchant transactions also exempt from charges under a threshold-based framework.
Income Tax Department reminds taxpayers: AY 2026-27 deadline August 31
Taxpayers with business or professional income not requiring audits must file their income tax returns by August 31, 2026, using the appropriate ITR form.
Tech leaders tout shorter workweeks but staff face 90-hour sprints
Despite claims that AI will reduce workloads, employees at leading tech firms report working up to 90 hours a week, driven by intense deadlines and expanded responsibilities.
Gold ₹1.52L/10g silver ₹2.34L/kg on MCX as global gold slips
Gold futures on MCX rose 0.28% to ₹1.52 lakh per 10 grams, while silver gained 1.14%, driven by US rate expectations and geopolitical tensions.
Sensex rises 94.84 points, Nifty nears 24,600 on foreign buying
Sensex rose 300 points from the day's low, while Nifty hovered near the crucial 24,600-mark on August 10, driven by weaker US jobs data and sustained FII buying.
Indian firms scale agentic AI into production, says Venkat Sitaram
Indian enterprises are transitioning from AI pilots to large-scale deployments, driven by agentic AI and infrastructure advancements, says Dell Technologies' Venkat Sitaram.
BSE Index Services launches BSE REITs Index tracking Indian REITs
BSE Index Services has introduced the BSE REITs Index, a benchmark designed to track the performance of six listed Real Estate Investment Trusts in India.
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.
India AI startups see funding talks for MStack, Simplismart
India's AI startup ecosystem sees renewed investor interest, with MStack AI eyeing $30M+ from Alpha Wave, Lightspeed, Prosperity7 and Simplismart targeting $50M with Peak XV.
Indian markets open lower as rising Brent crude unnerves investors
Sensex dropped 300 points from its day's high, while Nifty slipped below 24,550 as rising Brent crude prices and a weaker rupee weighed on investor sentiment.
Sensex 78,502 as Nifty holds above 24,580 after Q1 earnings
Indian stock markets opened flat on Monday as robust Q1 earnings offset concerns over rising oil prices and geopolitical tensions, with Nifty crossing the critical 24,580 mark.
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.
Cupid nearly triples April-June profit to 44.1cr as revenue doubles
Cupid reported a nearly threefold surge in Q1 net profit to Rs 44.1 crore, driven by strong revenue growth and robust international B2B healthcare demand.
White House adviser Kratsios says firms blame AI for layoffs
White House adviser Michael Kratsios suggests companies may overstate AI's role in workforce reductions, using it as a media-friendly narrative for broader restructuring.
Kosdaq surges over 30% after leveraged ETF access rules change
South Korea’s Kosdaq index has soared over 30% since late July, driven by a shift from leveraged ETFs tied to major chipmakers amid tightened regulatory measures.
Indian rupee opens stronger at 95.17 against US dollar
The Indian rupee opened 4 paise higher at 95.17 against the US dollar, while Asian currencies showed mixed performance amid global economic and geopolitical developments.
Sony and TSMC plan $6.4 billion Kumamoto image sensor factory
Sony and TSMC are discussing a ¥1 trillion investment to build a next-gen image sensor factory in Kumamoto, Japan, targeting production for cars and robots by 2029.
Anawil Wire & Engineering debuts with 21% NSE SME premium
Anawil Wire & Engineering shares debut on the NSE SME platform today, with a 21% grey market premium indicating strong investor interest and potential listing gains.
Japan's Nikkei rises 2% on AI and semiconductor gains
Japan's Nikkei index climbed 2%, driven by gains in AI and semiconductor stocks, while Middle East uncertainties and cautious trading during Obon holidays limited further growth.
Unitree aiming to raise $904 million in Shanghai IPO
Unitree, founded in 2016, is a Chinese robotics company known for affordable quadruped and humanoid robots like G1, H1, and R1.
NPCI to expand UPI to 15 to 20 countries
India's NPCI plans to expand its UPI platform to 15-20 international markets within a decade, targeting countries with large Indian diasporas and significant remittance flows.
SEBI uses AI to monitor finfluencers influencing 62% of investors
Sebi's Project SUDARSAN leverages advanced AI to monitor misleading financial content on social media, addressing concerns as 62% of investors are influenced by finfluencers.
IFSC survey finds AI seen as upskilling tool by 32%
Around 32% of surveyed entities anticipate AI will prioritize re-skilling and job transformation, while only a minority foresee significant job reductions.
Oil climbs after delays reopening Strait of Hormuz route
Oil prices climbed amid uncertainty over the Strait of Hormuz reopening, while gold steadied following its strongest weekly gain since January, driven by U.S. jobs market concerns.
Dhoot Transmission Ltd launches ₹3,066.89cr IPO to list August 17
Dhoot Transmission Ltd. launches its Rs 3,066.89-crore IPO today, with a grey market premium indicating a potential 30% listing gain over the upper price band of Rs 871.
Meta CTO Andrew Bosworth: Use AI time to build products
Meta's CTO Andrew Bosworth stated that AI-driven productivity gains should be used to create more products and perform higher-value tasks, not to increase employee vacation time.
On Monday gold slips $16.70 to $4,383.30 and silver rises
Gold prices dipped while silver edged higher as investors assessed US interest rate expectations, dollar movements, inflation data, and geopolitical developments.
India's EV sector to create 30-40 million jobs by 2030
India's EV sector is set to generate 30-40 million jobs by 2030, with specialized roles commanding salary premiums of up to 45%, according to Adecco India.
Meta faces $1.4 trillion trial over alleged harm to minors
Meta is set to face a federal trial in Oakland, California, over allegations of designing addictive platforms for children, with potential penalties reaching $1.4 trillion.
Oil prices climb over 1% amid Strait of Hormuz uncertainty
Brent crude rose 1.32% to $84.65 a barrel as uncertainty over reopening the Strait of Hormuz persists, while geopolitical tensions continue to impact global oil markets.
Gold steady amid market focus on US inflation reports
Gold prices remained stable in early Asian trade Monday, following a 7% weekly gain, as investors awaited key U.S. inflation data for potential interest rate clues.
Oil rises as Strait of Hormuz reopening remains uncertain
Brent crude nears $94 as uncertainty over US-Iran peace talks and Strait of Hormuz reopening fuels market volatility, following last week's 7% price drop.
Indian banks ramp up gold loans to win NBFC customers
Banks are enhancing gold loan services by deploying appraisers, digitising processes, and reducing approval times as demand surges, challenging NBFC dominance in the market.
Deepak Poduval accuses Rishabh Telang of forging 2016 signature
Rishabh Telang, co-founder of Cult Fitness, faces allegations of forging signatures and criminal conspiracy in a 2016 transaction, as per an FIR filed by Deepak Poduval.
US dollar steady near 2-month low as markets watch
The U.S. dollar lingered near a two-month low on Monday as investors anticipated inflation data, which could provide insights into the Federal Reserve's future rate decisions.
E-commerce surges in India's 'Urban Bharat' cities matching metro connectivity
Urban Bharat's online shopping has surged, with nearly one-third of consumers adopting e-commerce by 2025, driven by convenience despite trust levels lagging behind metro cities.
Asian markets rise on weak US jobs easing interest-rate fears
Asian stocks gained on Monday, tracking Wall Street's rally after soft U.S. jobs data eased rate hike fears, while Gulf tensions pushed Brent crude up 0.9% to $84.32 a barrel.
Jungle Ventures makes India top priority with $200-$300 million biennial pledge
Jungle Ventures plans to invest $200-300 million in India every two years, focusing on artificial intelligence and advanced manufacturing as the country becomes its largest market.
Eternal-owned District expands offline retail while dining aims $3 billion
Zomato-owned District aims to diversify beyond dining, targeting offline shopping as its second-largest vertical within three years, driven by rapid growth in the retail segment.
Molbio Diagnostics IPO opens Aug 10 with ₹200cr fresh issue
Goa-based Molbio Diagnostics, backed by Temasek, launches its ₹930.7-crore IPO from August 10-12, offering shares at ₹768-807 each with a focus on long-term growth potential.
Brent crude near $85 amid Iran Oman Hormuz talks
Brent crude approaches $85 as traders monitor stalled Iran-Oman talks on the Strait of Hormuz, while regional tensions escalate with Houthi and tanker attacks.
Situational Awareness invests $400 million in Source Foundry to speed chipmaking
Situational Awareness, an AI-focused hedge fund, invested $400M in Source Foundry despite recent financial setbacks and a major portfolio sell-off to Citadel last month.
India hosts PSB Manthan in New Delhi to attract FDI
The government has convened a two-day meeting with public sector banks to devise strategies for attracting foreign investments and addressing the widening current-account deficit.
HAL resumes Su-30MKI production at Nashik after 11,000cr order
Hindustan Aeronautics Ltd is restarting Su-30MKI fighter jet production at its Nashik facility, with 12 new aircraft featuring over 50% indigenous content to be delivered by 2029.
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.
OpenAI acquires presentation start-up NextSlide to enhance ChatGPT
OpenAI has acquired presentation start-up NextSlide, a move that will bolster the capabilities of ChatGPT.
India's data center boom could boost housing demand by 2030
India's burgeoning data center ecosystem is poised to significantly impact the country's residential real estate sector, a new report from proptech company Square Yards has revealed.
Delhi government's new drone policy might create over 1,000 jobs
The Delhi government is ready to approve a new drone policy that aims to create over 1,000 jobs in the capital.
PhonePe says UPI payments will remain free for you
PhonePe co-founder and CEO Sameer Nigam has clarified that Unified Payments Interface (UPI) payments will continue to be free for consumers.
Why India's premium and luxury homes going unsold?
According to a report by Knight Frank India, unsold residential inventory across eight major Indian markets has increased by 4% year-on-year.
FPIs invest ₹12,290cr in first week of August
Foreign Portfolio Investors (FPIs) have made a major investment in the Indian market during the first week of August.
5 mainboard IPOs to hit India's primary market next week
Five mainboard initial public offerings (IPOs) are set to debut on the Indian primary market next week.
LIC explores investments in fintech, health insurance sectors
Life Insurance Corporation of India (LIC) is considering investments in health insurance and financial technology (fintech) sectors.
Trump Media terminates crypto deal with Crypto.com
Trump Media & Technology Group Corp. has terminated its partnership with cryptocurrency exchange Crypto.com.
UK issued over 500,000 visas to Indians in last year
The UK has issued more than 500,000 visas to Indian nationals in the year ending March 2026.
US unemployment rate drops amid job cuts
The US economy witnessed an unexpected job loss in July, with nonfarm payrolls declining by 23,000 jobs, contrary to economists' expectations of growth.
Parliamentary panel urges DRDO to finalize measurable performance targets
A parliamentary panel has urged the Defense Research and Development Organization (DRDO) to "expeditiously" finalize and notify clear, measurable Key Performance Indicators (KPIs).
Natural gas prices facing downward trend: Is recovery possible?
Natural gas prices have been on a downward trend in recent months, despite heightened geopolitical tensions in the Middle East.
Solar, wind projects within 1km of Indian borders banned
The Ministry of Home Affairs (MHA) has issued new guidelines.
Akasa Air, AI Express say fleets unaffected by FAA directive
Akasa Air and Air India Express have confirmed that their fleets of Boeing 737 aircraft are not affected by a recent directive from the US Federal Aviation Administration (FAA).
Paper Boat maker reports 96% decline in profit
Hector Beverages, the maker of beverage brand Paper Boat, has reported a massive decline in profitability for the fiscal year ending March 2026.
Blackstone-backed AGS Health seeks ₹4,800cr via IPO
Blackstone Group-owned AGS Health has filed an updated draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI).
NVIDIA to invest $3B in power infrastructure developer Lancium
NVIDIA will invest up to $3 billion in Lancium, a power infrastructure developer and the company behind the Stargate data centre campus in Texas.
Apple dominates premium smartphone market with 65% global share
Apple has captured a whopping 65% of the global premium smartphone market in the first half of 2026, according to Counterpoint Research's Handset Model Sales Tracker.
Why Indian electronics, automobile makers are turning to air freight
Indian electronics and automobile manufacturers are increasingly turning to air freight for transporting raw materials and components.
Air India hikes salaries of pilots by up to 15%
Air India has announced a significant salary hike for its pilots, with an increase ranging from 8% to 15%.
Why Accenture wants its staff to delay vacations
Accenture has announced a temporary policy change, allowing employees to carry over their unused vacation days into the next fiscal year.
Airbnb is shipping new features faster thanks to AI
Airbnb co-founder and CEO Brian Chesky has revealed that artificial intelligence (AI) is playing a major role in accelerating the company's product development.
Trump spent nearly $4B to cancel offshore wind lease
The Trump administration is paying German utility company RWE a whopping $1.2 billion to cancel an offshore wind lease.
US now supplies 67% of India's LPG imports: Hardeep Puri
The United States has emerged as India's biggest supplier of liquefied petroleum gas (LPG).
SK Hynix to invest $38B in AI memory chip expansion
SK Hynix, a leading South Korean semiconductor manufacturer, has announced a massive investment of 54 trillion Korean won ($38.1 billion) to set up two new memory chip production facilities.
Titan Q1 profit jumps 65% to ₹1,699cr
Titan Company has posted a robust growth in its first-quarter earnings for the fiscal year.