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Business News

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30 Aug 2026
TL;DR

Climate change pressures Indian farmers as technology could streamline insurance

Agricultural insurance is vital for safeguarding Indian farmers against climate risks, but challenges in claim settlement and accessibility hinder its effectiveness.

30 Aug 2026
TL;DR

Minneapolis Fed says tariffs and AI lift US core inflation

Tariffs imposed during Trump's presidency and surging AI-driven hardware demand are now equally contributing to elevated core inflation, according to a Minneapolis Fed analysis.

30 Aug 2026
TL;DR

CAMS reports under-20 Indians's SIP accounts rose 92% in FY26

Young Indians are shifting from speculative crypto investments to disciplined Systematic Investment Plans (SIPs), driven by fintech platforms and evolving financial awareness.

30 Aug 2026
TL;DR

Kevin Warsh signals possible rate hike at Jackson Hole meeting

The Federal Reserve's annual Jackson Hole symposium highlighted inflation as a top priority, with Chair Kevin Warsh emphasizing the need for decisive monetary policy.

30 Aug 2026
TL;DR

NCLT allows Subhash Chandra to repay ₹6.5cr of ₹22,006.57cr debt

The NCLT's approval of Subhash Chandra's Rs 6.5 crore repayment plan against Rs 22,006.57 crore creditor claims has sparked objections and political criticism.

30 Aug 2026
TL;DR

NVIDIA doubles down on physical AI in China, $10B now

Nvidia is expanding into physical AI, targeting robots, cars, and drones. China, the world’s largest industrial-robot market, plays a key role in this growth strategy.

30 Aug 2026
TL;DR

Rain contract exploit drains $1.1 million from Solana card programs

A vulnerability in an outdated Rain card contract led to a $1.1 million theft, causing Avici’s AVICI token to plummet by 49% before partially recovering.

30 Aug 2026
TL;DR

Russia extends diesel export ban to September 30, 2026

Russia has extended its diesel export ban to September 30, citing domestic fuel shortages caused by refinery disruptions from Ukrainian drone attacks on energy infrastructure.

30 Aug 2026
TL;DR

GST Council meets September 12 in New Delhi for businesses

The GST Council will convene its 57th meeting on September 12 in New Delhi, focusing on simplifying compliance, input tax credit access, and corporate guarantee treatment.

29 Aug 2026
Piyush Goyal

Modi government urged to regulate exports of cotton yarn

The Apparel Export Promotion Council (AEPC) has urged Commerce Minister Piyush Goyal to regulate cotton yarn exports.

29 Aug 2026
Tata Sons

Tata Sons gets permission to hold AGM by December-end

Tata Sons has received a three-month extension from the Registrar of Companies (RoC) to conduct its Annual General Meeting (AGM) by the end of December.

SEBI clears IPOs of Jio Platforms, 6 other firms

The Securities and Exchange Board of India (SEBI) has approved the initial public offering (IPO) plans of seven companies, including Reliance-backed Jio Platforms.

29 Aug 2026
IndiGo

Why IndiGo has invested in Sarvam AI

IndiGo Ventures has invested in Sarvam AI, an Indian artificial intelligence (AI) company.

29 Aug 2026
Bharti Airtel

Airtel adds 27L subscribers in July, Jio follows closely

India's wireless market saw a growth of 55.38 lakh mobile subscribers in July 2026, according to data from the Telecom Regulatory Authority of India (TRAI).

29 Aug 2026
Apple

Stripe, Advent consortium drops $50B bid to acquire PayPal

A consortium of payment processing giant Stripe and buyout firm Advent has reportedly dropped its pursuit of acquiring fintech pioneer PayPal, according to Bloomberg.

29 Aug 2026
Mumbai

Milk about to become costlier in Mumbai from September 1

Mumbai is set to witness a hike in wholesale milk prices, effective September 1.

29 Aug 2026
Europe

Europe's gas reserves touch 13-year low: What's the reason?

Europe is facing a major energy crisis as its gas reserves hit a 13-year low.

29 Aug 2026
Reserve Bank Of India (RBI)

India's forex reserves hit record high of $730B

India's foreign exchange reserves have hit a new high of $729.33 billion, a jump of $12.42 billion from the previous week, according to the data released by the Reserve Bank of India (RBI).

29 Aug 2026
NVIDIA

Andreessen Horowitz launches $1.1B AI infrastructure fund focused on hardware

Leading venture capital firm, Andreessen Horowitz (a16z), has announced the launch of its latest artificial intelligence (AI) infrastructure fund, the "Machine Age Fund."

29 Aug 2026
Pentagon

CXMT sues Pentagon over 'Chinese military company' designation

ChangXin Memory Technologies (CXMT), China's leading memory chip manufacturer, has filed a lawsuit against the US Department of Defense.

29 Aug 2026
Donald Trump

White House teleprompter operator fined $172,000 over Kalshi insider bets

Gabriel Perez, a teleprompter operator at the White House, has been fined over $172,000 to settle an investigation by a federal regulator.

29 Aug 2026
Google

Lawyers awarded $147M in Google data privacy case

A US judge has awarded nearly $147 million in legal fees to the attorneys who represented plaintiffs in a data privacy trial against Google last year.

29 Aug 2026
Reserve Bank Of India (RBI)

RBI to buyback government securities worth ₹30,000cr on September 3

The Reserve Bank of India (RBI) has announced a buyback of government securities worth ₹30,000 crore on September 3.

29 Aug 2026
Infosys

Nepal floods: Infosys Public Services CEO Lax Gopisetty is unreachable

Infosys has confirmed that its subsidiary, Infosys Public Services's CEO, Lax Gopisetty, is currently unreachable.

29 Aug 2026
Stock Market

Why chip designer Marvell's shares faced a selloff yesterday

Chip designer Marvell Technology's shares fell over 8% to $221.6 during trading on Friday.

29 Aug 2026
Elon Musk

OpenAI decides to wind down Cursor contract

OpenAI has announced its decision to terminate the contract with Cursor, following its acquisition by SpaceX.

28 Aug 2026
Raghuram Rajan

US Fed should raise rates to tackle inflation: Raghuram Rajan

Former Reserve Bank of India (RBI) governor Raghuram Rajan has called on the US Federal Reserve to hike interest rates in order to tackle rising inflation.

28 Aug 2026
Apple

OpenAI asks court to dismiss Apple's trade secret lawsuit

OpenAI has filed a new petition, along with Chang Liu, Tang Tan, and io Products, asking the court to dismiss Apple's trade secret misappropriation complaint.

28 Aug 2026
Amazon

Amazon's new India unit targets counterfeiters, scam networks

Amazon has launched a new initiative called the Counterfeit Crimes Unit (CCU) to tackle e-commerce frauds in India.

28 Aug 2026
Meta

Sandhya Devanathan, Meta's India and Southeast Asia chief, joins OpenAI

Meta's Vice President and Head of India and Southeast Asia, Sandhya Devanathan, has announced her resignation from the company after a decade-long association.

28 Aug 2026
Japan

SoftBank seeks another $10B loan to fund OpenAI investment

SoftBank Group Corp. is looking for a $10 billion loan to finance its investment in US tech giant OpenAI, according to Bloomberg.

28 Aug 2026
Bombay Stock Exchange (BSE)

Tempsens Instruments doubles on debut, lists at 111% premium

Tempsens Instruments made a stellar debut on the stock market today, with its shares opening at a whopping 111% premium over the issue price.

TCS cuts bonuses to 60-70% as AI spending pressures margins

Tata Consultancy Services (TCS) has reportedly slashed the average quarterly variable pay for certain mid- and senior-level employees to 60-70% for the April-June quarter.

28 Aug 2026
NVIDIA

NVIDIA to launch employee-funded committee to influence US policy

NVIDIA, the leading tech giant, is all set to launch a new political action committee (PAC), NVPAC.

28 Aug 2026
Federal Reserve

Gold jumps 14%, heads for best month since 1999

Gold prices have stabilized around $4,600 per ounce as investors await US interest rate decisions.

28 Aug 2026
Ather Energy

Hero MotoCorp raises Ather stake to 32.8% with ₹1,758cr investment

Hero MotoCorp has announced its decision to invest up to ₹1,758 crore in electric scooter manufacturer Ather Energy.

28 Aug 2026
Anthropic

Anthropic to unveil IPO prospectus after September 7

Anthropic is preparing for an initial public offering (IPO) as investor enthusiasm for artificial intelligence start-ups continues to surge.

27 Aug 2026
Dream 11

Dream11 pivots from fantasy gaming to AI-first sports platform

Dream11, one of India's leading fantasy sports platforms, has announced a major shift in its business model.

27 Aug 2026
Goldman Sachs

HDFC Bank shares hit 52-week low after US lawsuit

Shares of HDFC Bank hit a new 52-week low on Thursday, falling over 2% to an intraday low of ₹710 per share.

27 Aug 2026
Deepinder Goyal

Deepinder Goyal's Temple buys longevity firm to boost wearable launch

Deepinder Goyal, the founder of health-tech start-up Temple, has announced the acquisition of London-based longevity medicine practice Longevous.

27 Aug 2026
Samsung

Samsung ordered to pay Swatch $11.6M over watch face designs

Samsung has been ordered by a UK court to pay $11.6 million to Swatch Group.

27 Aug 2026
Zepto

Blinkit, Instamart, Zepto cap sugar purchases as prices surge

Quick-commerce platforms such as Blinkit, Zepto, and Swiggy Instamart as well as retail chains like DMart and Reliance Retail have reportedly capped purchases of sugar to manage existing stocks and avoid shortages.

27 Aug 2026
China

SHEIN to raise $1.7B in Hong Kong IPO

SHEIN, the popular online fast-fashion retailer, is gearing up for its Hong Kong initial public offering (IPO).

Hy-Tech Engineers IPO closes today as GMP surges to 85%

The final day of bidding for the Hy-Tech Engineers IPO has arrived, with investor interest remaining strong.

27 Aug 2026
Argentina

Wheat prices hit 3-year high as Russia-Ukraine war escalates

Wheat prices have hit a three-year high, as fears of an escalation in the Russia-Ukraine war continue to grow.

27 Aug 2026
HDFC Bank

₹22,000cr dues, ₹6.5cr payout: NCLT approves Subhash Chandra's plan

The National Company Law Tribunal (NCLT) has approved a repayment plan by media baron Subhash Chandra in his personal insolvency resolution process.

27 Aug 2026
Amazon

NVIDIA's revenue doubles to $96B as AI demand surges

NVIDIA has reported a massive surge in sales due to the global demand for artificial intelligence (AI) systems.

27 Aug 2026
Google

Thinking Machines Lab co-founder to join Google

Barret Zoph, the co-founder of artificial intelligence start-up Thinking Machines Lab, is set to join Google DeepMind as its Vice President of Research.

Lumino Industries IPO opens with 61% GMP: Apply or avoid?

The ₹700 crore initial public offering (IPO) from Lumino Industries, a leading player in India's power transmission and distribution sector, has opened for subscription today.

27 Aug 2026
Norway

SoftBank may acquire 1X, an OpenAI-backed robotics start-up

SoftBank is in negotiations to buy a majority stake in 1X Technologies, a humanoid robot start-up backed by OpenAI, according to The Information.

27 Aug 2026
Amazon

NVIDIA to acquire Hugging Face for $12.9B

NVIDIA has agreed to acquire AI platform Hugging Face for a whopping $12.9 billion, according to The Information.

27 Aug 2026
Instagram

Meta agrees to $18B settlement over child safety

Meta has agreed to pay $18 billion in a settlement with 29 US states over claims that it endangered children on its platforms, particularly Instagram and Facebook.

26 Aug 2026
Microsoft

Microsoft paid CEO Satya Nadella $96.5M in FY25

Microsoft has announced a record-breaking compensation package of $96.5 million for its CEO, Satya Nadella, for the fiscal year 2025.

26 Aug 2026
Indian Government

Modi government may slash gold and silver import duties

The Indian government is considering a reduction in the import duties on gold and silver, as per Moneycontrol.

26 Aug 2026
Meta

Meta settles social media addiction lawsuit in US for $16.68B

Meta Platforms, the parent company of Facebook and Instagram, has agreed to a massive settlement in a social media addiction lawsuit.

26 Aug 2026
Nifty

Is India's IPO boom sucking liquidity from stock market?

The Indian stock market has been on a downward trend for two years, with the Nifty 50 index declining by 2% over the last two years and 2.5% in the last year.

26 Aug 2026
Qatar

Qatar's LNG exports are down 96%. Reason? US-Iran war

The ongoing US-Iran conflict has taken a heavy toll on Qatar's economy, one of the world's top liquefied natural gas (LNG) exporters.

26 Aug 2026
Flipkart

Flipkart Minutes overtakes Instamart's dark-store count in top 10 cities

Flipkart's quick commerce service, Minutes, has outpaced Swiggy's Instamart in terms of dark-store count and pincode coverage across India's top 10 cities.

26 Aug 2026
Airbnb

Airbnb not a lucrative earning source for Indians anymore

Airbnb, once a lucrative platform for Indian homeowners to earn extra income, is witnessing a shift in its dynamics.

26 Aug 2026
Volkswagen

Volkswagen CEO booed by workers over mass layoffs, factory closures

Volkswagen's CEO Oliver Blume was met with boos and whistles at the company's headquarters.

26 Aug 2026
India

Why flights in India are unlikely to become cheaper

Airfares in India and the Asia-Pacific region are likely to remain high, even with a decline in jet fuel prices.

26 Aug 2026
Anthropic

Forget SpaceX, Anthropic sees more than $30T in potential revenue

Artificial intelligence (AI) company Anthropic is gearing up for its initial public offering (IPO) by pitching a whopping total addressable market (TAM) of over $30 trillion, as per the Wall Street Journal.