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Former Cisco CEO John Chambers predicts $10 trillion AI-driven companies
Former Cisco CEO John Chambers predicts AI will fuel the rise of $10 trillion companies, accelerating innovation and reshaping industries at an unprecedented pace.
Kazakhstan's new $10B AI deal is supported by NVIDIA
Kazakhstan has signed a series of agreements with US-based start-up Firebird Inc. to develop artificial intelligence (AI) infrastructure.
India's unemployment rate rises to 5.5% in May
India's unemployment rate has increased to 5.5% in May, up from April's 5.2%, government data released on Monday showed.
United States and India launch Critical Minerals Security Task Force
The US-India Business Council has initiated a task force to enhance bilateral cooperation in critical mineral supply chains, focusing on mining, manufacturing, and innovation.
Norwegian offshore oil maintenance workers strike after pay talks collapse
Norwegian offshore oil maintenance workers began a strike on June 15, 2026, after wage negotiations failed. The action involves 154 workers initially, with more joining later.
Arun Misra to become Vedanta group CEO within 2 months
Arun Misra, Hindustan Zinc CEO, is poised to become Vedanta group CEO by July 2026, as the conglomerate advances its demerger plans into sector-focused entities.
Rupee rises 47 paise to ₹94.71 after US Iran accord
The Indian rupee gained 47 paise to settle at ₹94.71 against the US dollar, driven by falling crude oil prices and improved global risk sentiment following the US-Iran peace deal.
US and India meet June 23-24 to advance trade deal
A USTR delegation will visit India on June 23-24 to advance the proposed trade agreement, with discussions focusing on preferential tariff treatment and other key trade issues.
Karnataka updates data center policy for greener AI data centers
Karnataka is mapping water and energy resources for sustainable AI data centres while planning a Rs 1000 crore corpus to support startups, says ITBT Secretary Dr. Manjula.
India's unemployment rate rises to 5.5% in May, government reports
India's unemployment rate increased to 5.5% in May from 5.2% in April, reflecting a softening labour market as job opportunities contracted and participation rates declined.
IBBI requires operational creditors be observers from June 9
The IBBI's new regulations mandate operational creditor representation in CoC meetings, aiming to enhance transparency and potentially improve their debt recovery.
Asset management stocks surge after Sitharaman hints at more reforms
Shares of capital market-focused companies witnessed a major rally on Monday.
SBI raises FCNR(B) rates to 5.75% under $1 million, 6% 5-year
State Bank of India (SBI) has updated its FCNR(B) deposit rates, offering up to 6% interest annually for deposits exceeding $1 million under its SBI Advantage scheme.
Indian Sensex jumps 736 points after US Iran peace deal
Indian markets surged as easing US-Iran tensions lowered crude prices, boosting sentiment. Sensex jumped 736 points to 76,264, while Nifty closed at 23,850 with a 0.98% gain.
Reliance AGM on June 19: What to expect
Reliance Industries Limited (RIL) will hold its 49th Annual General Meeting (AGM) on June 19, at 2:00pm IST.
Vedanta eyes US relisting as it targets $100B India expansion
Anil Agarwal, the metals magnate, has announced plans to relist his holding company Vedanta Resources, possibly in the US.
Survey finds drone adoption rising 55% in India's logistics, cleantech
India's logistics and clean tech sectors are set to witness a 55% surge in drone usage by 2026, driven by digitalization, sustainability needs, and evolving supply chain models.
India and US to meet for trade talks June 23-24
India and the US will hold discussions on June 23-24 to finalize the first tranche of their trade deal, focusing on a broader bilateral trade agreement under negotiation.
Microsoft CEO Nadella urges company learning loops over frontier AI
As OpenAI and Anthropic prepare for historic IPOs, Microsoft CEO Satya Nadella argues that proprietary learning systems—not frontier models—will define the AI era.
Novartis India launches Pluvicto 1st radioligand therapy for prostate cancer
Novartis India has introduced Pluvicto, the nation's first approved radioligand therapy, offering a targeted treatment option for PSMA-positive metastatic prostate cancer patients.
India's trade deficit in May goes slightly down to $28.21B
India's merchandise trade deficit remained stable in May, despite an increase in both exports and imports, according to government data released today.
HDFC Bank is now searching for a new CFO
HDFC Bank has begun the search for a new Chief Financial Officer (CFO), as per Moneycontrol.
Why Indian pharma industry is relieved after US-Iran deal
The Indian pharmaceutical industry is looking at ways to stabilize its supply chain after the US and Iran reached a preliminary peace agreement.
Australia's richest person invests $1.4B in Elon Musk's SpaceX
Australia's richest person Gina Rinehart has made a major investment in Elon Musk's SpaceX.
Is the UK headed for deindustrialization?
UK's industrial sector is on the brink of collapse, with thousands of companies warning they could go bankrupt in the next year due to high energy prices.
Indian economy facing challenges, could impact growth: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has warned that the Indian economy is facing several challenges, including tariff shocks and supply chain disruptions.
Musk says becoming world's first quadrillionaire is 'not impossible'
Elon Musk, the CEO of SpaceX, has said that becoming the world's first quadrillionaire is "not impossible."
India's May trade deficit narrows to $28.2bn as exports surge
India's trade deficit in May 2026 remained nearly unchanged at $28.21 billion, as merchandise exports hit a record $45.20 billion while imports rose to $73.41 billion.
Reliance Industries readies June 19 AGM for Mukesh Ambani announcements
Reliance Industries' 49th AGM is scheduled for June 19, 2026, at 2:00 PM IST via video conferencing. Investors anticipate updates on Jio IPO, retail growth, and new energy plans.
Deccan Gold Mines shares jump 20% after Supreme Court verdict
Deccan Gold Mines shares soared 20% to a lifetime high after the Supreme Court upheld its pre-2015 mining lease rights for the Ganajur Gold Project in Karnataka.
These Indian stocks could benefit from US-Iran peace deal
The recent peace agreement between the United States and Iran has sparked a major rally in India's benchmark indices, Sensex and Nifty 50.
Hero FinCorp and Salesforce's Agentforce cut 2-wheeler approval time 72%
Hero FinCorp collaborates with Salesforce to enhance loan processing using Agentforce, achieving a 72% improvement in two-wheeler loan turnaround time through automation.
Finance Minister Nirmala Sitharaman warns India faces oil, trade risks
India's economy, despite strong fundamentals, remains vulnerable to tariff shocks, supply-chain disruptions, and global commodity price volatility, says FM Sitharaman.
Vedanta lists 4 spun off firms on BSE and NSE
Vedanta Group successfully listed four newly demerged companies on BSE and NSE, with a combined initial trading value exceeding Rs 930 per share.
Oracle to train 300,000 in Uttar Pradesh by 2029
Oracle partners with Uttar Pradesh State Skill Development Mission to provide free training in AI, cloud, cybersecurity, and data science to 300,000 individuals by 2029.
Soumya Kanti Ghosh says RBI unlikely to hike rates soon
SBI's Chief Economic Adviser Soumya Kanti Ghosh believes an early RBI rate hike is unlikely, citing India's strong macroeconomic performance and data-dependent policy approach.
Foodstories raises 50L/cr from Nikhil Kamath and Sekhsaria family office
Food-focused retail startup Foodstories has raised ₹50 crore from investor Nikhil Kamath, highlighting growing interest in India's premium and experience-driven food retail market.
Musk predicts $1 trillion revenue for SpaceX by 2030
Elon Musk has predicted that SpaceX could generate an annual revenue of around $1 trillion by 2030.
Vedanta splits into 5 companies as market value hits 3.52L/cr
Vedanta's demerger boosted combined market capitalisation by Rs 49,000 crore, with newly listed entities surpassing the conglomerate's pre-restructuring valuation on listing day.
HDFC Bank to replace CFO Srinivasan Vaidyanathan in October 2026
HDFC Bank has initiated a search for a new CFO as Srinivasan Vaidyanathan's tenure ends in October, with external candidates being considered over internal promotions.
India's Sensex jumps 898 points after possible US-Iran news
Sensex surged 898 points to 76,425.98 as realty, auto, and financial stocks led gains amid a global rally fueled by tumbling oil prices and easing geopolitical tensions.
BCG finds 53% of Indian CMOs expect AI revenue gains
India tops global charts with 53% of CMOs projecting 5–9% AI-driven revenue growth, surpassing the global average of 43%, according to BCG's Global CMO Survey.
Kazakhstan signs Firebird deal for $5B 'Data Center Valley' project
Kazakhstan partnered with Firebird Inc. on AI projects involving Nvidia, aiming to invest up to $10 billion and establish itself as a key Eurasian digital hub.
IndiGo shares up 10% in 2 days: Should you buy?
InterGlobe Aviation, the parent company of IndiGo, has witnessed a significant surge in its share price.
India's commercial vehicle stocks up 9% after US-Iran peace deal
Shares of commercial vehicle (CV) manufacturers such as Ashok Leyland, Tata Motors, Force Motors, Eicher Motors and SML Mahindra surged up to 9% today.
Trump threatens to impose 100% tariff on French wines
US President Donald Trump has threatened to impose a 100% tariff on French wines if France does not remove its digital tax on American tech giants.
India's 10-year bond yield hits 3-month low: What's the reason?
India's benchmark 10-year government bond yield fell to its lowest level since March 25 today.
Investing in Indian stocks is now easier for overseas investors
The Indian government has amended its foreign investment rules, allowing all individual Persons Resident Outside India (PROIs) to invest in shares of listed Indian companies through the Portfolio Investment Scheme (PIS).
Bitcoin prices hit 2-week high today: What's the reason?
Bitcoin, the world's largest cryptocurrency, has surged to its highest level in nearly two weeks.
INR jumps to highest level since May 8 at 94.68/$
The Indian rupee opened 43p stronger at ₹94.68 against the US dollars today.
BBC to lay off hundreds of employees
The British Broadcasting Corporation (BBC) is preparing to lay off hundreds of employees from its main news operation next week, according to Financial Times.
Sensex surges over 900 points on hopes of U.S.-Iran deal
Sensex and Nifty pared early gains on June 15, despite opening 1.5% higher, as geopolitical tensions and profit booking weighed on investor sentiment.
India's wholesale inflation jumps to 9.68% in May
India's wholesale inflation for May stood at a staggering 9.68%, according to a new series introduced by the government.
Bitcoin near $65,600 as markets focus on Fed meeting
Bitcoin hovers around $65,600 as weakening institutional demand limits price movement. Investors eye the upcoming US Federal Reserve policy meeting for potential market direction.
Meesho buys Kirana Club for ₹202cr expanding India grocery footprint
Meesho shares fell 1.09% to Rs 165.10 after announcing the Rs 202 crore acquisition of Kirana Club, aimed at strengthening its presence in India's $650 billion grocery market.
India's wholesale inflation 9.68% in May 2026 amid WPI expansion
India's wholesale inflation rose to 9.68% in May under a revamped WPI series, driven by soaring food and fuel prices amid US-Iran conflict-induced crude oil cost pressures.
Microsoft weighs Xbox spin off after nearly $500 million revenue loss
Microsoft is reportedly exploring options to spin off Xbox or restructure it as a subsidiary while increasing investments in major franchises like Fallout and The Elder Scrolls.
Rajesh Exports surges 5%, ending 7-day losing streak
Shares of Rajesh Exports witnessed a recovery on Monday, hitting the upper circuit limit of 5% at ₹80.23.
Zoho's Sridhar Vembu urges India to build foundational domestic tech
Sridhar Vembu emphasizes India's need to develop foundational technologies beyond AI, citing Japan's success in critical tech sectors supporting advanced systems like data centers.
Anil Agarwal says Vedanta split could create $100 billion businesses
Vedanta Chairman Anil Agarwal envisions each of the company's five newly demerged businesses surpassing $100 billion in enterprise value, driven by global demand-supply gaps.
OpenAI's Sam Altman postpones Seoul visit citing unavoidable personal reasons
OpenAI CEO Sam Altman has postponed his South Korea trip, affecting planned meetings with tech giants Samsung, Naver, and Kakao due to unavoidable personal reasons.
SpaceX options expected Tuesday after Nasdaq debut and IPO surge
SpaceX options trading is set to launch Tuesday, following the company's Nasdaq debut that saw its valuation soar past $2 trillion amid a 25% stock surge.
Four new Vedanta stocks debut on Dalal Street after demerger
Shares of four Vedanta Group companies—Vedanta Aluminium, Vedanta Power, Vedanta Oil & Gas, and Vedanta Iron & Steel—made their debut on the Indian stock market today.
Asia focused hedge funds surge in 2026 on AI rally
Asia-focused hedge funds achieved triple-digit returns in early 2026, leveraging the AI boom across semiconductors and technology, with regional markets reaching record highs.
Razorpay files for ₹5,700cr IPO
Razorpay, a leading player in the fintech sector, has taken a major step toward its public market debut.
Capgemini completes $3.3B WNS takeover, partnership plans AI-driven BPM services
India's robust investment in AI skilling positions it as a global leader, says WNS CEO Keshav Murugesh, emphasizing talent as the key to unlocking AI's transformative potential.
China's growth falters as May retail sales expected down 0.2%
China's economy faces deceleration as weak domestic demand and rising inflation hinder consumption, with retail sales declining and fixed-asset investment extending its slump.
Rajesh Exports gains 5% to ₹80.23 after SEBI trading ban
Shares of Rajesh Exports surged 5% on Monday, breaking a seven-session losing streak triggered by SEBI's interim order alleging revenue overstatement between FY21 and FY25.
Vedanta lists 4 companies on NSE and BSE after demerger
Vedanta Aluminium, Vedanta Power, and other group firms listed on Dalal Street after the demerger, with shares trading on NSE and BSE at varied opening prices.
Gold, silver prices jump 4% as US-Iran reach peace deal
Gold and silver prices witnessed a spike today after the US and Iran reached a deal to end their ongoing conflict.
India's 10-year bond yield hits March low after U.S.-Iran deal
India's 10-year bond yield fell to its lowest since March 25, driven by easing crude oil prices after a US-Iran peace deal and expectations of increased foreign inflows.
AI hiring startup Orbio raises $21 million led by Dawn Capital
Orbio, an AI-powered enterprise startup, secured $21 million in Series A funding led by Dawn Capital to automate hiring and onboarding for frontline workers.
SpaceX may generate $1 trillion per year by 2030: Musk
Elon Musk has predicted that SpaceX could rake in annual revenues of around $1 trillion by 2030.
June 14 US ceasefire reopens Strait of Hormuz for India
The reopening of the Strait of Hormuz promises relief for India by stabilizing crude oil supplies, reducing freight costs, and easing inflationary pressures on the economy.
Sensex gains over 1,100 points on US-Iran peace deal
Indian stock markets witnessed a major surge in early trade on Monday, with the Sensex gaining over 1,100 points and the Nifty nearing the 24,000 mark.
ByteDance in talks to buy iLuvatar CoreX chips for Doubao
ByteDance is negotiating with Iluvatar CoreX to acquire AI chips for inference tasks, potentially making the Shanghai-based firm its third major domestic GPU supplier.
ByteDance seeks Iluvatar, Baidu AI chips amid US export controls
ByteDance is in talks with Iluvatar CoreX and Baidu to procure domestic AI chips, as Chinese firms pivot from Nvidia amid U.S. export controls on advanced semiconductors.
Oil prices crash 5% on US-Iran peace deal
Oil prices witnessed a sharp decline on Monday, following President Donald Trump's announcement of a US-Iran agreement to end the naval blockade in West Asia.
U.S.-Iran ceasefire lifts rupee to ₹94.68 against US dollar
The rupee surged to Rs 94.68/$ on June 15, its highest since May 8, following a US-Iran ceasefire and reopening of the Strait of Hormuz, easing global energy concerns.
Banks worldwide rush to hire chief AI officers, IBM reports
Global banks are rapidly appointing chief AI officers, with salaries reaching $3.5 million, as competition for scarce talent intensifies amid rising AI integration challenges.
Bank of Baroda launches 555-day FD offering up to 7.4%
Bank of Baroda has introduced the 'bob Golden Goal Deposit Scheme,' offering interest rates up to 7.40% annually for a 555-day tenure, targeting retail deposits under ₹3 crore.
India allows all foreign individuals to invest in listed companies
The Indian government has amended FEMA rules, allowing broader participation by overseas individual investors and raising investment limits in listed Indian companies.
Elon Musk predicts SpaceX could earn $1T annually by 2030
Elon Musk predicts SpaceX could generate $1 trillion in annual revenue by 2030, tripling Morgan Stanley's $330 billion estimate for the newly public rocket and AI company.
Indian markets likely to open higher after U.S.-Iran peace deal
Indian markets are poised for a strong gap-up opening today as GIFT Nifty jumps over 350 points, following the US-Iran peace deal and reopening of the Strait of Hormuz.
Bitcoin jumps nearly 3% to $65,400 after US Iran deal
Bitcoin surged nearly 3% to $65,400 after the US and Iran reached a peace agreement, easing tensions and reopening the critical Strait of Hormuz.
Gold, silver surge after U.S.-Iran agreement eases West Asia tensions
Gold prices rose over 2% and silver gained 3.5% on June 15, driven by a weaker US dollar, falling oil prices, and easing inflation expectations.
Disney tells engineers to avoid tokenmaxxing on Claude and Cursor
Disney, nearly a year after granting engineers access to AI tools like Claude and Cursor, is urging them to prioritize efficiency while reducing failures in AI-coded products.
RITES launches Abhikalp AI center across 13 transport sectors
RITES leverages AI tools like VISTAR to enhance rail inspections, improve service quality, and boost revenue across its 13 verticals, driving innovation through its Abhikalp hub.
Noida International Airport to start commercial flights, offers redBus connections
Noida International Airport begins commercial flights today, partnering with redBus to offer seamless intercity bus services to over 20 North Indian destinations.
Cognizant's India listing exploratory amid 39% slide and AI-driven volatility
Cognizant's India listing plans remain in early stages, hindered by market volatility and AI-driven shifts in the IT sector, as its Nasdaq shares drop 39% in six months.
Indian banks offer 7.1% to attract $50bn in NRI deposits
Indian banks are offering up to 7.1% returns on dollar-denominated FCNR deposits, leveraging global campaigns and social media to attract over $50 billion from the diaspora.
Randstad India says AI boom drives blue collar job surge
The rise of AI has fueled a 93% surge in India's blue-collar job volumes, with demand for skilled trades like electricians and robotics technicians skyrocketing.
Asian stocks rally as Shehbaz Sharif reports US Iran deal
Asian markets rallied as a tentative US-Iran peace deal eased inflation concerns, while oil prices dropped sharply, signaling potential relief for global central banks.
Kevin Warsh plans clearer Fed messaging and balance sheet shrinkage
Kevin Warsh presides over his first FOMC meeting, prioritizing communication reforms to address forward guidance issues and restore the Fed's credibility and independence.
Indian IT firms boost Europe delivery center share to 35%
Indian IT companies are intensifying their focus on Europe, driven by faster revenue growth and rising AI adoption, as the region outpaces North America in technology investments.
Indian firms adopt Red Hat open source for AI cloud
Indian businesses are increasingly adopting Red Hat's open-source solutions to address concerns over data sovereignty, vendor lock-in, and control of AI and cloud infrastructure.
Satya Nadella warns few companies controlling AI could hurt competition
Microsoft CEO Satya Nadella cautions that if AI's benefits remain concentrated among a few companies, entire industries risk losing value, expertise, and long-term competitiveness.
Airtel and Jio standoff over 26GHz 5G spectrum for Wi-Fi
Bharti Airtel has challenged Reliance Jio's plan to repurpose the 26GHz 5G spectrum for Wi-Fi, citing interference risks and non-compliance with global telecom standards.
US dollar hits 10 day low after possible U.S.-Iran deal
The US dollar hit a 10-day low as news of a potential US-Iran peace deal lowered oil prices and boosted demand for riskier assets.
Global investors pull $770 million from India, chase AI opportunities
India witnessed $770 million in outflows last week as global investors shifted portfolios toward select AI-linked opportunities, signaling a slowdown in broader AI investments.
Vikram Misri announces UPI acceptance at Eiffel Tower and airports
India's Unified Payments Interface (UPI) is now operational at the Eiffel Tower and major French airports, marking a significant milestone in India-France digital collaboration.
AI, global uncertainty slow office leasing in Indian cities
Geopolitical uncertainty and AI-driven workforce disruptions are extending decision timelines for large office leasing deals, as companies reassess expansion strategies cautiously.
Satya Nadella: AI prompts human machine dialogue reshaping global economy
Microsoft CEO Satya Nadella highlights the shift to an AI-driven economy, emphasizing a "cognitive loop" between humans and digital systems alongside "human" and "token capital."
Embraer plans India factory with Brazilian training pending IAF deal
Brazilian aerospace giant Embraer plans to set up its first overseas military aircraft production unit in India if it secures the KC-390 Millennium order.
India telecoms and banks clash over consent ownership and costs
Telecom operators and businesses are clashing over India's digital consent framework, with telcos seeking control while banks oppose due to cost concerns.
Air New Zealand might soon offer direct flights to India
Air New Zealand is considering the feasibility of launching direct flights to Indian cities.
Jio enters top 20 rankings of global patent law treaty
Reliance Industries' Jio Platforms has made it to the top 20 of the Patent Cooperation Treaty (PCT) rankings for 2026, released by the World Intellectual Property Organization.
This Goa-based brewery plans to go public
Latambarcem Brewers (LB Brewers), the Goa-based company behind popular craft beer brand MakaDi and functional beverage Borecha, is targeting ₹500 crore in revenue over the next 4-5 years.
UK to ink investment deal worth $24B with Japan
The United Kingdom and Japan are on the verge of signing an £18 billion ($24.1 billion) investment deal.
Wall Street turns to war-risk models as conflicts shake economies
As wars continue to disrupt the financial industry, Wall Street is turning to new catastrophe models for predicting military conflicts.
Bharat Innovates 2026: Modi meets top global investors in France
Prime Minister Narendra Modi met leading venture capitalists, global investors, and innovation ecosystem leaders in Nice, France, on Sunday.
Meet Pranjali Awasthi, the 15-year-old who founded ₹100cr AI start-up
Pranjali Awasthi, a young Indian entrepreneur, has taken the tech world by storm with her artificial intelligence (AI) start-up Delv. AI. The company is now valued at nearly ₹100 crore.
Amazon to invest $35B in India by 2030
Amazon has announced its most aggressive expansion phase in India, with a planned investment of $35 billion by 2030.
LIC eyes stronger market leadership as it nears platinum jubilee
Life Insurance Corporation of India (LIC) is gearing up to strengthen its market leadership in the life insurance sector as it approaches its platinum jubilee.
Uday Kotak calls SpaceX's market listing 'true test of capitalism'
Billionaire banker Uday Kotak has weighed in on the historic stock market debut of SpaceX, calling it a "true test for capitalism."
FSSAI issues notices to 8 firms over misleading product claims
The Food Safety and Standards Authority of India (FSSAI) has issued notices to eight food companies over misleading brand names, trade names, and product claims.