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Business News

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14 Apr 2026
TL;DR

IMF trims China's 2026 growth to 4.4% amid Iran conflict

The International Monetary Fund (IMF) has reduced China's 2026 growth forecast to 4.4% due to global economic disruption from the ongoing Iran war.

14 Apr 2026
TL;DR

AI promised smoother offices but created 'workslop' and more corrections

AI is hailed by executives as a productivity booster, but employees report an increase in flawed, AI-generated work, termed 'workslop', causing decreased efficiency and morale.

14 Apr 2026
TL;DR

Citigroup posts Q1 $3.06 EPS, $24.6B revenue at 10-year high

Citigroup's first-quarter earnings exceeded expectations, buoyed by robust trading and dealmaking activity. The bank's profit was $3.06 per share, surpassing the predicted $2.65.

14 Apr 2026
TL;DR

US producer prices rise 0.5% in March, below expectations

U.S. producer prices in March rose less than anticipated, with services costs remaining steady, despite escalating energy prices due to the Iran conflict.

14 Apr 2026
TL;DR

India's gems and jewelry exports fall 35% to $1.78 billion

India's gems and jewellery exports fell by 35% to $1.78 billion in March due to the Iran war and trade disruptions, while imports rose by 17%.

14 Apr 2026
TL;DR

GE Aerospace and HAL agree on F414 production in India

GE Aerospace and Hindustan Aeronautics Ltd (HAL) are nearing a deal to co-produce F414 jet engines for India's future combat jets.

14 Apr 2026
TL;DR

IMF slightly upgrades India 2026 growth forecast to 6.5%

Despite escalating Middle East conflict, India's growth outlook remains steady, says IMF Chief Economist Pierre-Olivier Gourinchas.

14 Apr 2026
TL;DR

IMF raises India GDP growth forecast to 7.6% for FY2026

The International Monetary Fund has upgraded India's GDP growth projection to 7.6% for FY26, citing strong momentum and easing external pressures.

14 Apr 2026
TL;DR

International Monetary Fund warns Iran conflict could spark global recession

The International Monetary Fund (IMF) warns that an escalation in the Iran war could potentially trigger a global recession and financial market backlash.

14 Apr 2026
TL;DR

IMF trims global growth to 3.1% and raises India 6.5%

The International Monetary Fund (IMF) has reduced its global growth forecast for 2026 due to the war in West Asia, while India's GDP growth prediction slightly increased to 6.5%.

14 Apr 2026
TL;DR

TBM claims CirculeX recycled plastic is stronger, less odorous

Japanese start-up TBM revolutionizes sustainability by creating paper from limestone. Their innovative product, LIMEX, is now widely used in various industries.

14 Apr 2026
TL;DR

Indian airports receive Israeli GPS protection from 63 moons

63SATS Cybertech, a unit of 63 Moons Technologies, is testing an anti-GPS-spoofing solution at two Indian airports. The initiative aims to enhance aviation security.

14 Apr 2026
TL;DR

American Bankers Association pushes back against White House stablecoin report

The American Bankers Association (ABA) has challenged a White House report suggesting that banning stablecoin yields would negatively impact banks.

14 Apr 2026
TL;DR

One 97 Communications majority Indian-owned at 50.3% in March 2026

Paytm, operated by One 97 Communications Ltd, has become a majority Indian-owned company as domestic investors raised their stake to 50.3% by March-end 2026.

14 Apr 2026
TL;DR

Lucid names Silvio Napoli CEO amid $500 million and $550 million investments

Lucid Motors has named Silvio Napoli as its new CEO and secured an additional $200 million investment from Uber and $550 million from the Saudi Arabian Public Investment Fund.

14 Apr 2026
TL;DR

US waiver lets India become 2nd-largest Russian fossil fuels buyer

India's crude oil purchases from Russia surged over three-fold to €5.3 billion in March, following a temporary US sanctions waiver.

14 Apr 2026
TL;DR

ASML may raise 2026 sales forecast on NVIDIA-led AI demand

Investors in Europe's leading chip-equipment maker, ASML, anticipate increased financial forecasts due to surging demand for artificial intelligence chips.

14 Apr 2026
TL;DR

Founder of AI firm builds 24 automations after hiring issues

A startup founder, frustrated with his young staff's casual attitude, turned to artificial intelligence tools to replace multiple roles within his company.

14 Apr 2026
TL;DR

Jindal Supreme refiles SEBI IPO for 1.07cr and 26.86L shares

Jindal Supreme, a Haryana-based steel pipes and tubes manufacturer, has refiled its draft papers with the Securities and Exchange Board of India for an IPO aimed at debt reduction.

14 Apr 2026
TL;DR

ET Women Conclave 2026 in Gurugram emphasizes spaces for women

The ET Women Conclave 2026, hosted by Dalcore Projects Pvt. Ltd., spotlighted women's leadership and reinvention through powerful dialogues across various sectors.

14 Apr 2026
TL;DR

European stocks climb after reports of U.S.-Iran talks in Islamabad

European shares surged to a one-month high on Tuesday, buoyed by potential Middle East peace talks and despite warnings from companies like LVMH about war fallout.

14 Apr 2026
TL;DR

UPI handled 228.5 billion transactions in 2025, Worldline reports

In 2025, India's Unified Payments Interface (UPI) processed a record 228.5 billion transactions, marking a significant shift in the country's payment ecosystem.

14 Apr 2026
TL;DR

India poised to become 2nd largest solar market by 2026

India is predicted to become the world's second-largest solar market in terms of annual installation by 2026, according to the National Solar Energy Federation of India (NSEFI).

14 Apr 2026
Russia

Russia's fuel export revenues doubled to $19B in March

Russia's oil and fuel export revenues have almost doubled to $19.04 billion in March, a significant jump from February's $9.75 billion.

14 Apr 2026
Dubai

Akshaya Tritiya: Dubai shops see gold rush from Indian diaspora

The Dubai Gold Souk is witnessing a major rush this week, thanks to Dubai's large Indian diaspora celebrating Akshaya Tritiya.

14 Apr 2026
Amazon

Shocking! Amazon warehouse staff continue working as co-worker lies dead

In a shocking incident, an Amazon employee died at work in Troutdale, Oregon.

14 Apr 2026
Air India

Air India's upgraded Boeing Dreamliner returns: What has changed?

Air India's first retrofitted Boeing 787-8 Dreamliner, VT-ANT, has returned to India after a nine-month refurbishment process in California.

14 Apr 2026
TL;DR

Kaar Tech raises $11 million Series B to buy analytics firm

Chennai-based Kaar Tech, an AI-led enterprise transformation firm, is planning to acquire a data analytics company by the end of this fiscal year.

14 Apr 2026
TL;DR

Copper hits month high on possible U.S.-Iran dialogue hopes

Copper prices have surged to a one-month high, driven by renewed optimism for US-Iran talks and stronger Chinese demand.

14 Apr 2026
IndiGo

IndiGo's limited-run summer sale makes flights cheaper: Check deals

IndiGo has launched a special 'Summer Getaway' sale, offering discounts of up to 10% on domestic and international flight bookings.

14 Apr 2026
TL;DR

Wipro to report Q4 FY26 April 16 amid mixed outlook

Wipro Ltd is set to announce its Q4 FY26 results on April 16, with a key focus on the company's share buyback proposal.

14 Apr 2026
TL;DR

Lululemon faces Texas probe over PFAS in workout clothes

The Texas Attorney General is formally investigating Canadian activewear giant, Lululemon, over potential harmful synthetic chemicals in its clothing.

14 Apr 2026
TL;DR

Oracle secures Bloom Energy 2.8GW amid March 24 job cuts

Oracle is escalating its investment in AI infrastructure and expanding its partnership with Bloom Energy, following approximately 30,000 layoffs.

14 Apr 2026
BharatPe

BharatPe co-founder Shashvat Nakrani steps down as operating chief

BharatPe co-founder Shashvat Nakrani has announced his resignation as the company's Chief Operating Officer (COO).

Income tax might be scrapped in 5 years. Reason? AI

Tom Blomfield, the founder of UK-based online bank Monzo, has warned that income tax may be replaced by a levy on artificial intelligence (AI) infrastructure within the next five to six years.

14 Apr 2026
Abu Dhabi

How US-Iran war has hit luxury shopping in UAE

The ongoing US-Iran conflict is having a major impact on Dubai and Abu Dhabi's luxury retail sector.

14 Apr 2026
LinkedIn

LinkedIn now pays you ₹14,000/hour to train AI models

LinkedIn is venturing into the emerging field of AI training by testing an "AI labor marketplace."

14 Apr 2026
OpenAI

Why OpenAI investors are worried over its $852B valuation

OpenAI's staggering $852 billion valuation is under fire from some of its investors, the Financial Times reported.

14 Apr 2026
Bitcoin

Bitcoin hits 4-week high today: Here we decode why

Bitcoin, the world's largest cryptocurrency, has surged to a four-week high on the back of easing geopolitical tensions between the United States and Iran.

14 Apr 2026
China

Why China's export growth saw sharp decline in March

China's export growth has witnessed a sharp decline in March, reflecting the impact of the ongoing war in Iran on the world's second-largest economy.

14 Apr 2026
TL;DR

Pune startup Rechargion makes sodium-ion batteries to reduce lithium reliance

Rechargion, a Pune-based startup, is creating sodium-ion batteries using locally sourced materials, offering a safer and more sustainable alternative to lithium-ion batteries.

14 Apr 2026
TL;DR

S&P Global Ratings: $130 oil could cut India's FY27 growth

India's economic growth could decelerate by 0.8 percentage points in FY27 if crude oil prices average $130 per barrel in 2026, warns S&P Global Ratings.

Bankers flag concerns over RBI's plan to delay UPI transfers

The Reserve Bank of India's (RBI) proposal to introduce a one-hour delay in processing high-value transactions above ₹10,000 to new payees has drawn criticism from bankers and fintechs.

14 Apr 2026
TL;DR

Campus placements hit as firms rescind 2026 engineering offers

Artificial intelligence advancements and the West Asia war are causing companies to alter recruitment plans, leading to rescinded offers and delayed student onboarding.

14 Apr 2026
X

Perplexity AI's revenue skyrockets to $500M after agentic pivot

Perplexity has witnessed a massive fivefold increase in its revenue, hitting the $500 million mark.

14 Apr 2026
TL;DR

Yangtze Memory Technologies plans 3 Wuhan plants despite US restrictions

Chinese chipmaker Yangtze Memory Technologies (YMTC) plans to build two additional factories, potentially doubling its production capacity amidst increasing US-Sino trade tensions.

14 Apr 2026
Iran

Gold, silver prices gain amid easing US-Iran tensions

Gold and silver prices witnessed an uptick on Tuesday, mirroring global trends as investors kept a close watch on geopolitical developments and their potential impact on inflation and economic stability.

14 Apr 2026
TL;DR

India approves Tata Dholera SEZ to host 1st chip plant

The Indian government has officially notified a 66.166-hectare Special Economic Zone (SEZ) for Tata Semiconductor Manufacturing in Dholera, Gujarat.

14 Apr 2026
OpenAI

Novo Nordisk partners with OpenAI to find next breakthrough drug

Danish pharmaceutical giant Novo Nordisk has announced a strategic partnership with OpenAI, the leading artificial intelligence (AI) research lab.

14 Apr 2026
TL;DR

Indian startups nearly $220 million ESOP buybacks outpace 2024 and 2025

Indian startups have seen a significant increase in ESOP buybacks in Q1 2026, surpassing the total figures of 2024 and 2025, with a cumulative liquidity of $2 billion since 2020.

14 Apr 2026
TL;DR

Pakistan stock market rebounds almost 4,000 points amid U.S.-Iran negotiations

Pakistan's KSE-100 index jumped nearly 4,000 points on Tuesday, fueled by hopes of renewed US-Iran peace talks and easing crude prices.

14 Apr 2026
TL;DR

U.S.-Iran conflict nearly halves Dubai mall visits, luxury sales plunge

The ongoing US-Iran conflict is affecting luxury retail sales in Dubai and Abu Dhabi, with a significant drop in tourist footfall and spending.

14 Apr 2026
OpenAI

OpenAI's latest deal hints ChatGPT may soon manage your money

OpenAI has acquired personal finance start-up Hiro Finance, founder Ethan Bloch announced on LinkedIn. However, the terms of the deal were not disclosed.

14 Apr 2026
TL;DR

Revature launches FDE Accelerator to train AI-native Forward Deployed Engineers

Revature has launched the FDE Accelerator Program, aimed at transforming enterprise talent into AI-native Forward Deployed Engineers.

14 Apr 2026
TL;DR

LinkedIn tests paid platform for professionals to train AI systems

LinkedIn is testing an "AI labor marketplace" where professionals can earn up to Rs 14,000 per hour for training artificial intelligence systems.

14 Apr 2026
TL;DR

Gold, silver climb on U.S.-Iran talks hopes, Asian stocks lifted

Gold and silver prices increased on April 14, influenced by global trends and investor sentiment towards geopolitical developments.

14 Apr 2026
TL;DR

China's March exports rise 2.5% as imports jump nearly 28%

China experienced a significant slowdown in export growth in March, the first month of the Iran war, as global energy supplies were disrupted.

14 Apr 2026
TL;DR

Shares worth over ₹76,000cr unlock as lock-in ends April 15

Shares of Rubicon Research, LG Electronics India, and Bharat Coking Coal will become tradeable on April 15th, freeing up equity worth nearly ₹76,415 crore.

14 Apr 2026
TL;DR

Adani Power hits highest-ever BSE price, closes at ₹181.40

Adani Power's shares have hit an all-time high due to favorable demand outlook, stable coal supply, and improving operational performance.

14 Apr 2026
France

Oil prices drop as US-Iran dialogue hopes rise

Oil prices have dropped below the $100 per barrel mark, amid hopes of renewed US-Iran dialogue.

14 Apr 2026
TL;DR

GIFT Nifty up 1.1% hints Nifty 50 reclaiming 24,000

GIFT Nifty surged over 1.1%, crossing the 24,100 mark, indicating a potential strong rebound for Indian equities when markets reopen after the Ambedkar Jayanti holiday.

14 Apr 2026
TL;DR

Gold rises 0.6% to $4,768.19 amid oil falling below $100

Gold prices rebounded on Tuesday as falling oil prices eased inflation fears, making the precious metal an attractive hedge.

14 Apr 2026
TL;DR

Gallup: 30% of US workers frequently use AI, feel uneasy

Despite increasing use of artificial intelligence (AI) in the workplace, many employees still opt not to use it due to various concerns, according to a recent Gallup poll.

14 Apr 2026
TL;DR

Intel stock jumps 51% in 8-session rally after $14.2B buyback

Intel's stock has seen a dramatic rise, adding over $100 billion to its market value in just ten days, following several positive developments.

14 Apr 2026
TL;DR

Bitcoin rises to $74,901 after Trump says Iran sought talks

Bitcoin's value has risen to a four-week high, driven by optimism over potential US-Iran peace talks. The largest cryptocurrency reached $74,901 before settling around $74,400.

14 Apr 2026
TL;DR

Asian stocks rally after Trump says Iran sought ceasefire talks

Asian markets, including Japan's Nikkei 225 and South Korea's Kospi, saw up to a 2% rise on Tuesday due to optimism over potential US-Iran war ceasefire talks.

14 Apr 2026
TL;DR

Gold and silver fall in India ahead of Akshaya Tritiya

As gold and silver prices plummet following failed US-Iran ceasefire talks, Indians are hastily booking gold for the auspicious Akshaya Tritiya and upcoming wedding season.

14 Apr 2026
TL;DR

RBI keeps Tata Sons as upper layer CIC pending review

The Reserve Bank of India (RBI) continues to categorize Tata Sons as a core investment company (CIC), indicating potential listing requirements for the firm.

14 Apr 2026
TL;DR

NVIDIA gives 25% RSU boost to most India-based employees

Nvidia's CEO, Jensen Huang, has granted a one-time special stock award to the majority of its 10,000 India-based employees, with payouts ranging from Rs 5 lakh to Rs 1 crore.

14 Apr 2026
TL;DR

Oil slips under $100 on US and Iran dialogue hopes

Oil prices fell below $100 a barrel as potential US-Iran negotiations eased supply concerns, despite the ongoing Strait of Hormuz blockade.

14 Apr 2026
TL;DR

Optimism over US and Iran cease-fire boosts gold and silver

Gold and silver prices rose up to 1% on April 14, buoyed by renewed optimism over potential resolution of the US-Iran conflict.

14 Apr 2026
TL;DR

BSE, NSE closed Tuesday for Ambedkar Jayanti, trading resumes Wednesday

The Indian stock market, including BSE and NSE, is closed today in observance of Dr Baba Saheb Ambedkar Jayanti. Trading activity will resume on April 15.

14 Apr 2026
TL;DR

Amazon worker collapsed and died at PDX9, Amazon offers condolences

An Amazon employee tragically died on the job at the PDX9 warehouse in Troutdale, Oregon, sparking concerns about working conditions.

14 Apr 2026
TL;DR

Amazon Data Services India plans nearly ₹4,000cr Taloja data center

Amazon Data Services India plans to invest ₹4,000 crore for a new data centre near Taloja, pending environmental clearance from the State Environmental Impact Assessment Authority.

14 Apr 2026
TL;DR

Indian midsize firms outsource SOC amid cybersecurity skills shortage

Indian companies are increasingly outsourcing cybersecurity operations due to talent shortages and complex cyber threats, with mid-sized firms leading the demand.

14 Apr 2026
TL;DR

TCS probes Nashik harassment complaints, 7 arrested, Aarthi Subramanian leads

Tata Consultancy Services (TCS) COO Aarthi Subramanian is leading an investigation into a sexual harassment case at its Nashik unit.

14 Apr 2026
TL;DR

Bajaj Group launches Bajaj Integrated Health Systems with ₹2,500cr investment

The Bajaj Group is investing Rs 2,000-2,500 crore to establish Bajaj Integrated Health Systems (BIHS), marking its entry into the healthcare sector.

14 Apr 2026
TL;DR

Indian consumer companies pause West Asia expansion amid U.S.-Israel-Iran escalation

Indian consumer companies are reducing their operations in West Asia due to significant losses and increased container costs, triggered by the US-Israel-Iran conflict.

14 Apr 2026
TL;DR

Goldman Sachs posts strong Q1 but shares fall nearly 2%

Despite reporting a robust first-quarter profit, Goldman Sachs' shares fell by approximately 2%, as investors focused on the company's underperforming sectors.

14 Apr 2026
TL;DR

S&P 500, Nasdaq climb after tech surge, Trump Iran optimism

US stocks ended higher on Monday as investors remained hopeful for a resolution in the US-Iran conflict, despite geopolitical uncertainties and mixed corporate earnings.

14 Apr 2026
TL;DR

California man Russel George sues Costco over 15-45 day notice

A class-action lawsuit has been filed against Costco by Russel George, a California resident, alleging the company unlawfully renewed memberships without proper notice.

14 Apr 2026
TL;DR

Adani Green Energy Limited tops CareEdge-ESG with 87.3 CARE rating

Adani Green Energy Limited (AGEL) has achieved the highest ESG score among Indian companies, as rated by CARE ESG Ratings Limited.

13 Apr 2026
Finance

ULIP v/s ELSS v/s NSC: All about these investment choices

Unit-linked insurance plans (ULIPs), equity-linked savings schemes (ELSS), and national savings certificates (NSCs) are popular investment choices in India.

13 Apr 2026
Inflation

Retail inflation in India surges to 3.4% in March

India's retail inflation has risen to 3.4% in March, up from 3.2% in February, according to data released today.

13 Apr 2026
Finance

PPF v/s FD: Which gives you better earnings?

Public Provident Fund (PPF) and Fixed Deposits (FDs) are two popular investment options in India.

13 Apr 2026
Labor Codes

How new labor codes are impacting employee salaries

The new labor codes, which came into effect on November 21, 2025, are already impacting salary structures.

13 Apr 2026
Dubai

Head-mounted cameras on Indian garment workers fuel AI automation fears

Viral videos showing garment workers in India with head-mounted cameras have sparked a major debate online.

13 Apr 2026
Airbnb

Y Combinator's 1st-ever start-up school in India begins this week

Y Combinator, one of the world's leading start-up accelerators, will hold its first-ever Startup School in India.

13 Apr 2026
Stock Market

AC, power utility stocks surge today: What's the reason?

Shares of air-conditioning (AC) and power utility companies witnessed a significant rise today.

13 Apr 2026
ITC Limited

Why cigarette sales have gone down in India

A recent hike in excise duty on cigarettes and tobacco products has impacted the sales of ITC and Godfrey Phillips.

13 Apr 2026
France

India tightens digital payments safety with new BIS guidelines

The Bureau of Indian Standards (BIS) has launched new guidelines to boost the security of India's digital payments system.

13 Apr 2026
India

India's smartphone market sees steepest decline in 5 years

India's smartphone market has witnessed its weakest start to a calendar year in five years, with a 12% drop in volume and a 6% decline in value.

13 Apr 2026
Myntra

Meet Sharon Pais, new CEO of e-commerce giant Myntra

Myntra, India's largest fashion e-commerce platform and a key player in the Flipkart group owned by Walmart, has announced a major leadership change.

13 Apr 2026
India

Why India's palm oil imports are down by 19%

India's palm oil imports fell by nearly 19% month-on-month in March, hitting a three-month low of 689,462 tons.

Start-ups face I-T department probe for misusing tax breaks

India's Income Tax Department is investigating several start-ups over alleged misuse of tax exemptions.

13 Apr 2026
Finance

Aluminium prices touch 4-year high today: Here we decode why

Aluminium prices have hit a four-year high, surging by as much as 2% in London.

13 Apr 2026
Tejas

Tejas fighter jet's engines will now be repaired in India

GE Aerospace has announced plans to set up a facility in India for the repair of F404-IN20 engines used in Tejas fighter planes.

13 Apr 2026
International Monetary Fund

Are IMF's tax recommendations harming India?

India has received the highest number of regressive tax recommendations from the International Monetary Fund (IMF) between 2022 and 2024, a report by Oxfam has revealed.

How AI has affected customer support roles at Salesforce

Salesforce has announced that artificial intelligence (AI) is reducing the amount of customer support work.

13 Apr 2026
India

Mounjaro maker to launch its oral weight-loss pill in India

Eli Lilly, a leading US pharmaceutical company, is planning to introduce its oral weight-loss drug, orforglipron, in India.

13 Apr 2026
Finance

Gold could touch $6,000 by 2026-end, says Swiss bank

Union Bancaire Privee (UBP), a prominent Swiss private bank, is re-entering the gold market after a major position cut due to the Iran war.

13 Apr 2026
Apple

Apple's AI chief to exit after 8 years

Apple's Artificial Intelligence (AI) head, John Giannandrea, is set to leave the company after nearly eight years.

13 Apr 2026
Donald Trump

Government bonds weaken after US-Iran talks fail

India's government bonds witnessed a major slump on Monday.

13 Apr 2026
Ola Electric

Ola Electric falls 7% after sharp 3-day surge

Ola Electric Mobility's shares fell by as much as 7% on Monday, hitting an intraday low of ₹37.96.

13 Apr 2026
Donald Trump

Crude oil futures are rising today: Here we decode why

Crude oil futures rose sharply today after the US announced a blockade on all maritime traffic to and from Iranian ports.

13 Apr 2026
Indian Rupee (INR)

Indian rupee falls for 3rd consecutive session: What's the reason?

The Indian rupee has weakened for the third consecutive session today. The fall comes in line with losses in global equities and a stronger US dollar.

13 Apr 2026
OpenAI

Sam Altman's home attacked again, 2 arrested for shooting

OpenAI CEO Sam Altman's residence in San Francisco was attacked again on April 12 (local time). The incident occurred just two days after an earlier attack.

13 Apr 2026
Ahmedabad

Banks to remain closed on April 14

Banks in several parts of India will remain closed on April 14, 2026, due to various regional and national holidays.