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Sagar Adani says electrification crucial as India needs 2,000 GW
India must add nearly 2,000 GW of power capacity in two decades to meet rising demand and reduce fuel imports, says Adani Green Energy Executive Director Sagar Adani.
How Indian businesses can leverage benefits of UK trade deal
Union Minister of Commerce and Industry Piyush Goyal has announced a major initiative to help Indian businesses leverage the benefits of the India-UK Comprehensive Economic and Trade Agreement (CETA).
'Superfluous exercise': Ex-chairman of HDFC Bank slams legal review
Atanu Chakraborty, the former chairman of HDFC Bank, has criticized the bank's decision to appoint external law firms for a legal review.
IMF outgoing chief economist Pierre-Olivier Gourinchas says AI raises prices
The IMF warns that artificial intelligence is driving inflation by boosting consumer spending through rising household wealth and increasing costs in tech supply chains.
Anthropic discloses H-1B pay ₹1.27 cr to ₹13.06 cr pre-IPO
Anthropic's H-1B filings reveal its lowest-paid hire earns over ₹1 crore annually, while a top technical staff member receives a staggering ₹13.06 crore in base salary.
Musk gets FTC nod to acquire SpaceX alumni start-up
The US Federal Trade Commission (FTC) has expedited its antitrust review for Elon Musk's proposed acquisition of Mesh Optical Technologies, a start-up founded by three former SpaceX engineers.
CambrianEdge.ai report: 18% abandoned AI projects as collaboration fails
Nearly 18% of organisations have abandoned AI projects due to quality and adoption failures, with inadequate human-AI collaboration emerging as a key obstacle, a report reveals.
SpaceX to join NASDAQ-100 index on July 7
SpaceX will join the NASDAQ 100 index on July 7, NASDAQ confirmed on Friday.
Central government employees and pensioners seek ₹69,000 minimum pay
A central government employee body has proposed a 3.83 fitment factor and a minimum salary of Rs 69,000, potentially leading to significant pay hikes under the 8th Pay Commission.
Prime Day deals continue through June 27 starting at $10
Snag post-Prime Day deals on fashion, beauty, and home essentials starting at just $10. Highlights include a $14 maxi dress, $15 wireless bra, and $10 collagen cream.
JPMorgan Chase loses last women CEO contenders as co presidents
JPMorgan once positioned two women as potential successors to CEO Jamie Dimon, but recent management changes have left no female candidates in the running for the top role.
MrBeast facing legal issues from investors over his snack brand
Jimmy Donaldson, better known as MrBeast, is facing a legal dispute with some of his investors.
Tesla settles lawsuit over fatal crash involving Full Self-Driving
Tesla has settled a lawsuit related to a deadly 2023 crash involving its Full Self-Driving (FSD) system.
Amit Shah launches India's 1st driver-owned Bharat Taxi in Gujarat
Union Home Minister Amit Shah inaugurated Bharat Taxi, India's first driver-owned ride-hailing platform, in Gujarat, initially rolling out services across 14 major cities.
Auroactive Pharma completes FDA inspection, 2 observations in Andhra Pradesh
Aurobindo Pharma's subsidiary, Auroactive Pharma, completed a US FDA inspection at its Andhra Pradesh facility with two observations, which the company plans to address promptly.
Iran offers discounted crude to India after US sanctions waiver
After a recent sanctions waiver from Washington, multiple middlemen have started offering discounted Iranian oil to Indian refiners.
Airbus secures $9.3B order for 25 A330neo jets from China
Airbus has bagged a major deal with China Eastern Airlines, which is a partially state-owned carrier.
Steel imports from China, Japan, Russia facing anti-dumping investigation
India has launched an anti-dumping investigation into hot-rolled steel imports from China, Japan, and Russia.
Piyush Goyal unveils 1,000 advisors for CETA, targets £25.5 billion
Union Minister Piyush Goyal revealed plans to deploy 1,000 advisory personnel nationwide to help businesses leverage India-UK CETA advantages.
ITC chairman Sanjiv Puri earned ₹23.91cr in FY26 down 6.8%
Sanjiv Puri, ITC Chairman and Managing Director, saw his total remuneration drop by 6.8% to Rs 23.91 crore in FY26, driven by reduced performance bonuses and long-term incentives.
FSSAI puts SAJ food products on notice over atta labeling
FSSAI has issued a notice to SAJ Food Products over alleged misleading claims on its “Eat Fit Digestive Biscuits,” citing discrepancies in labeling and marketing practices.
BlackRock's IBIT loses $860 million as Bitcoin ETFs suffer $1.3B outflows
Bitcoin ETFs saw over $1.3 billion in withdrawals last week, contributing to a staggering $4.5 billion outflow this year as investors retreat amid a deepening crypto slump.
Income tax filing deadlines ITR-1/ITR-2 July 31 businesses August 31
The ITR filing deadlines for FY 2025-26 vary by taxpayer category, with salaried individuals due by July 31, 2026, and non-audit business cases extended to August 31, 2026.
Apple Vision Pro chief leaves for OpenAI
Paul Meade, Apple's Vice President and head of the Vision Pro headset and smart glasses division, is leaving the tech giant to join OpenAI, according to Bloomberg.
Why shelf-life rules for imported drugs might be relaxed
The Indian government has proposed a major change in the shelf-life requirement for imported medicines.
Novak Djokovic is now advisor to a private equity firm
Tennis legend Novak Djokovic has been appointed as a global strategic advisor by private equity firm General Atlantic.
US judge refuses to dismiss criminal case against Gautam Adani
A US judge has denied an immediate dismissal of the criminal case against Indian billionaire Gautam Adani.
OpenAI names Uber's Prabhjeet Singh as India MD
OpenAI has appointed Prabhjeet Singh, former President of Uber India and South Asia, as its new Managing Director for India.
China's industrial profits rise 21.1% in May amid weak demand
China's industrial profits rose 21.1% in May, driven by factory output and exports, despite slowing growth and weak domestic demand highlighting structural economic imbalances.
Persistent Systems to buy Nagarro SE for €81 per share
Persistent Systems will acquire German firm Nagarro SE for €81 per share, creating a $2.9-billion AI-led engineering services company with over 46,000 employees globally.
Apple seeks US approval to buy chips from blacklisted CXMT
Apple is lobbying the Trump administration to source memory chips from China's CXMT, despite Pentagon restrictions, aiming to mitigate financial strain from soaring chip costs.
ICAI launches advanced AICA Level 3 certification in New Delhi
ICAI inaugurated the AI Innovation Summit 2026 in New Delhi, unveiling the AICA Level 3 certification and signing an MoU with Sarvam AI to enhance AI training and research.
SpaceX set to join Nasdaq-100 July 7, $4.3B inflows possible
SpaceX's inclusion in the tech-heavy Nasdaq 100 index is expected to drive $4.3 billion in passive inflows, boosting its stock as ETFs replicate the index's performance.
President Trump threatens 100% tariffs on countries taxing American tech
A digital services tax is a levy on revenue earned by tech companies within a country. Trump opposes it, threatening 100% tariffs on nations implementing such taxes.
US judge asks DOJ why it dropped Adani fraud charges
A US judge has demanded further justification from the Justice Department for dropping criminal charges against Indian billionaire Gautam Adani, delaying an immediate dismissal.
India's biggest IT firms spent $6.8B, only $300 million on cybersecurity
Indian IT firms have invested just 4.4% of their acquisition spending on cybersecurity since 2020, while global rival Accenture aggressively expands its cyber defence portfolio.
S&P Global Ratings keeps US at AA+ citing steady growth
S&P Global Ratings maintained the US sovereign credit rating at AA+ with a stable outlook, citing economic resilience and stable fiscal deficits despite high debt levels.
FTC approves Elon Musk acquisition of Mesh Optical Technologies
The FTC has expedited its antitrust review, allowing Elon Musk to proceed with acquiring Mesh Optical, a startup founded by former SpaceX engineers.
West Asia conflict hits India's semiconductor timelines, experts warn
India's semiconductor projects, including Tata Electronics' Dholera fab, face potential delays as the West Asia conflict disrupts supply chains for critical materials and gases.
Power cuts and diesel limits squeeze India's small businesses
India's MSMEs face production disruptions due to frequent power cuts and restricted diesel purchases, exacerbated by the ongoing West Asia conflict and rising energy costs.
Tata Sons FY26 rebound: nearly ₹42,000cr income, around ₹32,000cr profit
Tata Sons reported a net profit of ₹32,000 crore in FY26, recovering from the previous year’s decline, while doubling its dividend payout to Tata Trusts to over ₹3,000 crore.
United States considers raising tariffs on Indian goods to 25%
The US Treasury has signaled a potential return to pre-adjusted tariff rates, as India negotiates for competitive advantages in a new trade deal with Washington.
Alphabet joining Dow Jones June 29 in S&P Global shakeup
Alphabet, Google's parent company, will replace Verizon in the Dow Jones Industrial Average on June 29, reflecting the index's shift toward technology and digital businesses.
Swatch seeks $170M from Samsung in smartwatch design dispute
Swiss watchmaker Swatch has filed a lawsuit against South Korean tech giant Samsung, seeking $170 million in damages.
Volkswagen eyes 100,000 job cuts, factory closures
Volkswagen AG, the parent company of Porsche and Audi, is planning a major restructuring.
Why fuel prices in India are unlikely to drop soon
State-run oil marketing companies (OMCs) are not expected to reduce retail fuel prices anytime soon.
Ex-Meta employee sues company over bid to silence her
Former Meta employee Sarah Wynn-Williams is suing the tech giant for its attempts to "silence" her.
South Korea's Kospi index tumbles 8% as AI-driven sell-off deepens
South Korea's stock market has become a prime example of how the artificial intelligence (AI) boom is reshaping global equities.
Goldman Sachs raises India's growth forecast to 6.8%
Goldman Sachs has raised its real GDP growth forecast for India to 6.8% for the calendar year 2026, up from its previous estimate of 6.5%.
Noida International Airport to triple flight operations from July
Noida International Airport (NIA) will nearly triple its flight operations from July 1.
Chip maker Micron briefly surpasses Meta, Tesla in market value
Micron Technology, the leading US memory-chip manufacturer, has briefly surpassed tech giants Meta Platforms and Tesla in market capitalization.
'It seemed absurd': BigBasket co-founder on early doubts about quick-commerce
BigBasket co-founder Hari Menon has admitted that he was initially skeptical about the concept of quick commerce.
Crude oil prices fall nearly 2% on easing supply concerns
Crude oil prices witnessed a nearly 2% decline on Friday, heading for a sharp weekly loss.
Parliamentary panel to meet RBI on crypto regulations in India
India's Parliamentary Standing Committee on Finance will meet with officials from the Reserve Bank of India (RBI) on July 2, 2026.
Pocket FM CEO breaks silence on microdrama app shutdown
Pocket FM, a leading audio entertainment company, recently announced the shutdown of its microdrama vertical, Pocket TV.
AI won't cause job apocalypse, but disruption expected: Goldman Sachs
A recent report by Goldman Sachs has downplayed fears of an impending "AI job apocalypse," despite the rapid development of artificial intelligence (AI) technology.
GIFT Nifty drops 150+ points amid global AI stock sell-off
The GIFT Nifty, an early indicator of Indian equity market performance, has witnessed a sharp decline of over 150 points.
Delhi HC orders Meesho to remove fake Jockey listings
The Delhi High Court has ordered e-commerce giant Meesho to remove product listings that allegedly violate the trademark of American innerwear and apparel brand Jockey, according to Bar & Bench.
Why OpenAI is delaying its IPO to 2027
OpenAI, the company behind the popular AI chatbot ChatGPT, is considering delaying its initial public offering (IPO) until 2027, according to The New York Times.
CRED introduces AI coach to help users understand credit scores
Fintech platform CRED has launched an innovative artificial intelligence (AI)-powered credit coaching feature.
JPMorgan promotes two veterans in race to succeed Jamie Dimon
JPMorgan Chase has announced a major management overhaul, promoting two of its long-serving executives, Troy Rohrbaugh and Doug Petno, as co-presidents.
SoftBank shares slide 13% amid reports of OpenAI IPO delay
SoftBank Group Corp's shares fell by as much as 13% on Friday.
Om Malik, a legendary tech journalist, passes away at 59
Om Malik, the founder of technology-focused analyst firm and media company Gigaom, has died at the age of 59. He breathed his last on June 24 at Stanford Hospital.
Government lifts all curbs on commercial LPG supply
The Ministry of Petroleum and Natural Gas has announced the removal of all sectoral restrictions on the supply of non-domestic packed LPG and restored supplies to the levels prevailing prior to the West Asia crisis.
EU approves tariff measures to implement trade deal with US
The European Union (EU) has approved two regulations to implement tariff commitments under the EU-US Joint Statement of August 21, 2025.
Disney pays $50M to settle claims it inflated streaming costs
The Walt Disney Company has agreed to a $50 million settlement with subscribers of YouTube TV and DirecTV's live TV streaming services.
Ferrari's marketing chief leaves amid Luce controversy
Ferrari's Chief Marketing and Commercial Officer Enrico Galliera has decided to leave the company after 16 years of service.