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Sushil Pal urges flexible semiconductor rules at Semicon India 2026
India aims to adopt a more agile, risk-based regulatory framework to accelerate semiconductor projects and reduce friction, as discussed at Semicon India 2026.
AI cloud provider Nscale files for US IPO
Nscale, a cloud provider that specializes in infrastructure for artificial intelligence (AI) models, has filed to go public on the New York Stock Exchange.
Ghaziabad traders weigh blocking UPI over ₹2,000 after NPCI MDR
Ghaziabad traders plan to stop accepting UPI payments from October 15 due to a new 0.4% Merchant Discount Rate on transactions over ₹2,000, impacting their costs.
Balaji Thirumalai: Semicon 2.0 aims to build semiconductor ecosystem
India's robust domestic demand and growing workforce provide a structural edge in the semiconductor industry, according to Bain & Company's Balaji Thirumalai.
FTAs are opening new markets for India's youth: PM Modi
Prime Minister Narendra Modi has emphasized the role of Free Trade Agreements (FTAs) in creating new markets and career opportunities for India's youth.
Anthropic pledges $40 million to influence Congress AI regulations
Anthropic has invested $40 million in lobbying efforts to influence AI regulations, as lawmakers accuse the tech giant of using safety concerns to stifle competition.
Sugar, onion prices stabilize after government intervention
The prices of essential commodities, sugar and onion, have stabilized over the past week.
Saudi oil output hits 1990 low after east-west pipeline attacks
Saudi Arabia's crude production has plummeted to its lowest level since 1990 amid the US-Iran conflict, while non-Gulf producers have increased output by 2.3 mb/d.
N Chandrasekaran tells Sai graduates AI will open fresh opportunities
Tata Sons Chairman N Chandrasekaran urged graduates to embrace continuous learning and adaptability, warning that failing to keep pace with change could lead to obsolescence.
Ashwini Vaishnaw pledges government help at SEMICON India 2026
Participants at SEMICON India 2026 raised issues about customs and transport, prompting government promises for swift action to address these challenges.
Samsung launches AI campus in Karnataka to train 2,000 youth
Samsung India has launched the Samsung Innovation Campus 2026 in Karnataka, aiming to train 2,000 youth in AI skills as part of its global education initiative.
US now accounts for 54% of India's software services exports
India's software services exports witnessed a growth of 8.2% to $221.4 billion in the fiscal year 2025-26 (FY26), excluding sales by overseas affiliates of Indian companies.
Eighth Pay Commission concludes Chandigarh consultations and schedules Bengaluru meetings
Pensioner groups have proposed changes to the Dearness Relief system, focusing on calculation frequency and merging with basic pay under the 8th Pay Commission's review.
Shopify's AI mandate produced messy 'slop grenades,' Tobias Lutke admits
Shopify CEO Tobias Lütke regrets pushing AI tools, as unchecked usage leads to low-quality output, causing workplace inefficiencies and negative sentiments among employees.
Anthropic targets November IPO at potential $2T valuation
Anthropic, the developer of Claude, is gearing up for its initial public offering (IPO) in November.
OpenAI expects $278B cash burn in next 5 years
OpenAI, the company behind ChatGPT, is expecting to burn through a massive $278 billion in cash between 2026 and 2030.
Oracle's $18B data center debt faces pressure amid local opposition
Oracle's $18 billion debt linked to a data center in New Mexico is facing pressure, the Financial Times reported.
Global Fintech Fest: Krishnakumar K T urges human-led AI oversight
AI is transforming financial services, but Krishnakumar K T, MD of Oleevia Grameen Credits, emphasizes that human accountability must remain central to decision-making processes.
Anthropic's annualised revenue may top $100B this year
Anthropic, the AI company behind Claude, is projected to surpass an annualized revenue of over $100 billion this year, as per a New York Times report.
N Chandrasekaran says India entering economic growth amid AI-led changes
India is poised for unprecedented economic growth, driven by AI and technological advancements, according to Tata Sons Chairman N Chandrasekaran.
Bitcoin tops $80,000 as Ethereum nears $2,620 amid regulatory uncertainty
Bitcoin surpassed $80,000 and Ethereum approached $2,620 as the crypto market rebounded despite a hawkish Federal Reserve stance and challenges surrounding the CLARITY Act.
Warren Buffett warns S&P 500 CAPE nears dot-com bubble peak
Warren Buffett warns of elevated stock market valuations as the S&P 500's CAPE ratio nears levels last seen during the dot-com bubble, signaling potential weaker long-term returns.
Festive season boosts India shopping as cars surge about 20%
Car sales in India have increased by 20% year-on-year, appliance sales are up 15%, and travel bookings have surged by 39% as consumers indulge this festive season.
AI could double US GDP growth by 2027: Elon Musk
Tesla chief executive Elon Musk has predicted that artificial intelligence (AI) could significantly boost the US economy.
SEMICON India 2026: Need process engineers and clean room technicians
Experts at SEMICON India 2026 emphasized the need for new skillsets, such as process engineering and clean room technology, crucial for India's burgeoning semiconductor ecosystem.
Key executives leading Berkshire Hathaway's $1 trillion+ empire
Warren Buffett has officially stepped down as the chairman of Berkshire Hathaway, a move that marks a major shift in the company's leadership.
Anthropic's Claude AI nears $100B run rate, readies Nov IPO
Anthropic PBC is projected to exceed $100 billion in annualised revenue this year, driven by increased adoption of its Claude AI software among business customers.
Carnelian Mutual Fund files small cap equity fund with SEBI
Carnelian Mutual Fund has submitted draft documents to SEBI for its first active equity mutual fund, the Carnelian Small Cap Fund, focusing on small-cap companies.
Karnataka SFAL announces 7 SEMICON India partnerships to boost chipmaking
Karnataka's SFAL announced seven strategic partnerships at SEMICON India 2026 to enhance the state's semiconductor ecosystem, according to Home Minister Priyank Kharge.
Fujifilm to invest ₹800cr in Dholera semiconductor materials plant
Fujifilm is investing Rs 800 crore to build a semiconductor materials plant in Gujarat and has partnered with Tata Electronics to enhance India's semiconductor ecosystem.
SEMICON India 2026 announces 25 partnerships to boost semiconductor ecosystem
Day 2 of SEMICON India 2026 featured 25 significant collaborations across semiconductor manufacturing, supply chains, advanced packaging, and workforce development.
Disney names Karandeep Anand chief technology officer, former Character. AI leader
Walt Disney Co. appointed Karandeep Anand, former CEO of Character.AI, as its first-ever chief technology officer to enhance technological innovation across the company.
OpenAI to burn $278B, Sam Altman delays IPO over safety
OpenAI anticipates a cash burn of $278 billion from 2026 to 2030, primarily due to increased spending on computing power and infrastructure, according to the Financial Times.
Gold hits 1-week high as oil eases inflation worries
Gold prices surged to a one-week high on Friday, driven by falling oil prices that eased inflation concerns, while a stronger US dollar limited further gains.
India and New Zealand to launch duty-free FTA next month
The India-New Zealand Free Trade Agreement is expected to become operational within a month, according to New Zealand Trade and Investment Minister Todd McClay.
Applied Materials unveils $5 billion India Vision 2035 investment plan
Applied Materials India president Avi Avula emphasizes that India's semiconductor growth faces ecosystem and infrastructure challenges, not demand issues, at SEMICON India 2026.
Nifty 50 slips 6th straight week closes below 23,600
The Nifty 50 index fell by 0.22%, marking its sixth consecutive week of losses, as global geopolitical tensions and economic concerns weighed heavily on investor sentiment.
Indian startups raise $61.8 million and Flam secures $40 million Series B
Seventeen Indian startups raised $61.8 million this week, with one growth-stage deal and 14 early-stage deals, alongside one merger and acquisition activity.
Harrods asks Mohamed Al Fayed estate repay alleged abuse payouts
Harrods aims to recoup compensation costs from Mohamed Al Fayed's estate, despite publicly accepting responsibility for alleged abuses linked to the late billionaire.
Tata Sons faces legal fight as Trusts challenge Chandrasekaran's reappointment
The ongoing dispute between Tata Sons and Tata Trusts over N Chandrasekaran's reappointment as executive chairman could escalate into a long-drawn legal battle.
India will make 1st semiconductor wafer at Dholera by 2028
Electronics and IT minister Ashwini Vaishnaw anticipates the first wafer from India's inaugural semiconductor fabrication plant in Dholera to emerge in 2028.
Uday Kotak: India developed by 2047 needs fiscal reforms
Veteran banker Uday Kotak emphasizes the need for fiscal discipline and strategic reforms to help India achieve its goal of becoming a developed nation by 2047.
Elon Musk forecasts 4% US growth from AI by 2027
Elon Musk forecasts that artificial intelligence could boost US GDP growth to 4% in 2027, doubling the Federal Reserve's 2.4% projection amid ongoing scrutiny of AI investments.
Ryanair CEO apologises after comparing competitors to rapists
Ryanair's Chief Executive Officer (CEO) Michael O'Leary has apologized for his controversial remarks comparing rival airlines to "rapists."
Dow drops 114.74, Nasdaq gains 92.72 as inflation worries linger
US stocks experienced a mixed close as Treasury yields surpassed 5%, maintaining inflation concerns, while semiconductor gains supported the Nasdaq despite a Dow decline.
Warren Buffett, 96, steps down as Berkshire Hathaway chairman
As Warren Buffett steps down as Berkshire Hathaway chairman at 96, his enduring life advice—"write your obituary"—continues to inspire individuals to live purposefully.
Michael O'Leary apologizes after likening rival airline fares to 'rapists'
Michael O'Leary, Ryanair's CEO, apologised for comparing competitors to "rapists," acknowledging the considerable upset and offence caused to sexual violence survivors.
Centre to oversee UPI MDR charges daily from October 15
The Indian government has announced that it will start monitoring the Merchant Discount Rate (MDR) for Unified Payments Interface (UPI) transactions on a daily basis, starting October 15.
India's crude oil imports fall over 11% in August
India's crude oil imports last month fell by over 11% from July, amounting to 19.01 million metric tons, government data revealed today.
FSSAI takes legal action against Nestle India over infant products
The Food Safety and Standards Authority of India (FSSAI) has launched legal action against Nestle India for multiple violations of the Food Safety and Standards Act.
Incentives for BHIM-UPI, RuPay debit card transactions might be removed
The Indian government is planning to withdraw the existing incentive scheme for BHIM-UPI and RuPay debit card transactions.
Warren Buffett named chairman emeritus of Berkshire Hathaway
Warren Buffett, the legendary investor and Chairman of Berkshire Hathaway, has stepped down from his position.
TRAI's new rules will improve spam detection in India
The Telecom Regulatory Authority of India (TRAI) has updated its regulations to tackle unsolicited commercial communications (UCC).
India's net direct tax collection up 13% to ₹12.1L crore
India's net direct tax collections have increased by a whopping 12.96% year-on-year, reaching ₹12.12 lakh crore as of September 17, for the financial year 2026-27.
MuscleBlaze maker is planning ₹2,800-3,800cr IPO in India
HealthKart, a leading brand in fitness supplements, is mulling an initial public offering (IPO) to raise between $300 million and $400 million (₹2,800-3,800 crore), as per Mint.
FCC approves foreign investment in Paramount Warner merger with restrictions
The US Federal Communications Commission (FCC) has approved a request from Paramount and Skydance to allow foreign investors to participate in their $110 billion acquisition of Warner Bros. Discovery.
Chinese AI firms lag far behind OpenAI in revenue
China's leading artificial intelligence (AI) firms generate only about 10% of the revenue reported by OpenAI alone, a new analysis from Rhodium Group has revealed.
Shapoorji Group chairperson backs listing of Tata Sons
Shapoorji Pallonji Group Chairman, Shapoor Mistry, has welcomed the Reserve Bank of India's (RBI) listing decision on Tata Sons.
India's GDP to grow 7% in FY27, says Moody's
Credit ratings agency Moody's has revised India's real Gross Domestic Product (GDP) growth forecast for the current fiscal year from 6% to a more optimistic 7%.
IDFC FIRST Bank waives forex markup on its credit cards
In a major customer-friendly move, IDFC FIRST Bank has announced the removal of forex markup charges on all its existing and new credit cards.
Disney appoints Adam Smith as chief of streaming business
The Walt Disney Company has appointed insider Adam Smith as the chairman of its streaming business.
OpenAI hires former SpaceX executive as global sales chief
OpenAI has announced the appointment of Brian McCarthy as its Vice President of Global Sales.
You can use Apple Pay in India from October
Apple is all set to launch its payment service, Apple Pay, in India next month.
Why Japan has raised key interest rate to 31-year high
Japan's central bank, the Bank of Japan (BOJ), has raised its key interest rate to a 31-year high.
IndiGo hikes infant fee, baggage and priority service charges
IndiGo has announced a revision in its fare structure, affecting several services.
Barclays staff revolt against return-to-office mandate
Barclays is facing a major backlash over its return-to-office policy, with thousands of employees demanding compensation for travel expenses and an exemption for those living more than 40 minutes away.
Diwali orders from GCC countries push India's food exports higher
India's food exporters are witnessing a major surge in overseas orders, particularly ahead of the Diwali festival.
Insurance premiums won't get costlier despite new UPI fees
The National Payments Corporation of India (NPCI) has announced a 0.4% merchant discount rate (MDR) on select high-value person-to-merchant UPI transactions, with a cap of ₹300 per transaction.
TCS launches custom chip design services
Tata Consultancy Services (TCS) has launched its Custom System-on-Chip (SoC) Design Services.
Tata Sons board approves public listing proposal
Tata Sons' board has approved a proposal for the company's public listing.
Tim Cook, Sam Altman to attend Trump-Xi Jinping state dinner
Tim Cook, the Executive Chairman of Apple Inc. and Sam Altman, the CEO of OpenAI, will attend a state dinner hosted by US President Donald Trump for Chinese President Xi Jinping next week, according to Bloomberg.
How Fed's rate hike could trigger foreign investor exodus
The US Federal Reserve has raised its benchmark interest rate by 25 basis points, marking the first hike since 2023.
Applied Materials to invest $5B in India by 2035
US-based semiconductor equipment maker Applied Materials has announced plans to invest $5 billion in India by 2035.
Saudi Aramco has halted crude supplies to India, report says
Saudi Aramco has halted the supply of crude oil to Indian refiners until further notice, The Economic Times reported.
Tata Sons reappoints N Chandrasekaran as chairman for 5 years
Tata Sons, the holding company for Tata Group, has reappointed N Chandrasekaran as its executive chairman for another five-year term.
Applied Materials to invest $5B in India over next decade
US-based chip equipment giant Applied Materials has announced a massive $5 billion investment in India over the next decade.
Sweden's EQT Group to invest $50B in India by 2030
Swedish private equity firm EQT Group has announced plans to invest $50 billion in India by 2030.
Judge asks Musk's companies to reveal Apple settlement agreements
A federal judge has asked Elon Musk's companies, X Corp and SpaceXAI, to explain their decision to drop antitrust claims against Apple.
Musk's long-time backer transfers $8.5B SpaceX stake to investors
Valor Equity Partners, a venture capital firm founded by Antonio Gracias, a long-time Elon Musk backer and current board member at SpaceX, has decided to distribute a portion of its SpaceX stock among its limited partner investors.
AI start-up Manus seeks $4B valuation after Meta split
Chinese-founded artificial intelligence (AI) start-up Manus is looking to double its valuation to $4 billion.
NSE IPO opens as GMP plunges 43%: Apply or avoid?
The National Stock Exchange of India (NSE) has launched its long-awaited initial public offering (IPO) today.
US House passes bill allowing 100% tariffs on India
The US House of Representatives has passed a bill allowing President Donald Trump to impose tariffs of up to 100% on countries buying Russian oil and gas.
US raises interest rate for first time in 3 years
The US Federal Reserve has raised its key interest rate by 25 basis points, the first hike in over three years.
Centre reduces windfall tax on petrol, diesel, ATF exports
The Indian government has reduced the windfall tax on petrol exports from ₹1.5 to ₹0.5 per liter for the next fortnight, starting September 16.
Cab aggregators can't demand tips before booking rides in India
The Indian government has ordered cab aggregators to stop the practice of advance tipping before booking a ride.
Home prices in NCR up 193% in a decade
The National Capital Region (NCR) has witnessed a staggering 193% increase in home prices over the past decade, according to a new report by industry body ASSOCHAM and Knight Frank Research.
How EU plans to cut trade deficit with China
European Commission President Ursula von der Leyen has vowed to use all possible means to tackle the "unsustainable" trade deficit with China.
Nobel laureate Michael Kremer becomes World Bank's chief economist
The World Bank has appointed Nobel laureate Michael Kremer as its new chief economist.
How did restricted Pakistan-made 'Goree,' 'Chandni' creams enter Indian market
The Central Drugs Standard Control Organisation (CDSCO) has issued a public health warning against two Pakistani cosmetic products, Goree Beauty Cream and Chandni Whitening Cream.
RBI may raise repo rate by 50bps this year: JPMorgan
JPMorgan has predicted that the Reserve Bank of India (RBI) could raise interest rates by a total of 50 basis points (bps) by December.
Indians earning up to ₹25,000/month can now get PF benefits
The Union Cabinet has approved a significant hike in the wage ceiling for Employees' Provident Fund Organisation (EPFO) subscribers.
Flipkart's Big Billion Days sale starts October 9: Check deals
Flipkart has announced the dates for its highly-anticipated Big Billion Days sale 2026.
India-Canada trade deal negotiations might be done by 2026-end
India and Canada are in the final stages of negotiating a Comprehensive Economic Partnership Agreement (CEPA), with hopes to conclude it by the end of this year.
NSE IPO: Selling shareholders eye ₹16,500cr profit
The selling shareholders of the National Stock Exchange (NSE) are poised to make huge profits from its much-anticipated initial public offering (IPO).
Why Tata stocks fell up to 7% today
Tata Group stocks witnessed a major fall today, with losses of as much as 7%.
TikTok founder becomes Asia's richest, overtaking Gautam Adani
Zhang Yiming, the founder of ByteDance, has surpassed Indian billionaire Gautam Adani to become Asia's richest person.
Nithin Kamath says UPI MDR could raise costs for brokers
Zerodha co-founder Nithin Kamath has raised concerns over the proposed Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions.
OpenAI seeks fresh funding at $1.2T valuation
OpenAI, the artificial intelligence (AI) company behind ChatGPT, is in early-stage talks for a new funding round.
New Zealand ratifies landmark free trade deal with India
New Zealand's parliament has approved a landmark free trade agreement with India.
ATM-related shares up by 5% today: What's the reason?
Shares of cash management companies Radiant Cash Management and CMS Info Systems surged up to 5.4% and 5%, respectively, today.
Just 17% merchants willing to bear 0.4% UPI charges: Survey
A survey conducted by LocalCircles has revealed that only 17% of merchants are willing to bear a Merchant Discount Rate (MDR) of 0.4% on Unified Payments Interface (UPI) transactions over ₹2,000.
Jindal Supreme IPO fully subscribed in 30 minutes
The Initial Public Offering (IPO) of Jindal Supreme has been fully subscribed within just 30 minutes of its opening on the first day.
Paytm, MobiKwik rally as UPI fees open new revenue stream
Shares of One97 Communications (Paytm's parent company), CMS Info Systems, One Mobikwik, Yes Bank, and others have surged in trade today.
US advances bill that could hit India with 100% tariffs
The United States House of Representatives has advanced a Russia sanctions bill that could impose tariffs as high as 100% on Indian goods.