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US company slammed for rewarding vaping with Bitcoin
Puffpaw, a blockchain hardware manufacturer in the US, has come under fire for its controversial marketing strategy.
India's competition watchdog has a warning for Big Tech firms
The Competition Commission of India (CCI) has vowed to prevent Big Tech firms from creating a "winner-takes-all" environment in the country's rapidly growing digital economy.
SEBI proposes 3rd-party payments in mutual funds with AML safeguards
SEBI has proposed allowing third-party payments in mutual funds for specific scenarios, including salary deductions and distributor compensation, subject to stringent safeguards.
India's top finance committee meets Binance WazirX Zebpay on VDAs
India's Parliamentary Standing Committee on Finance met Binance, WazirX, and Zebpay to deliberate on crypto regulations, taxation, and investor protection.
AxisCades to invest ₹6,000cr in 200-acre Karnataka tech hub
AxisCades Aerospace plans a ₹6,000-crore integrated hub in Karnataka, creating 74,000 jobs and focusing on aerospace, defence, semiconductors, and AI innovation.
RBI proposes lenders disable phone features after 90-day loan default
The Reserve Bank of India plans to allow lenders to disable specific mobile phone functions for loan defaulters, with strict regulations effective October 2026.
Analog Devices forecasts $3.9 billion Q3 revenue on AI demand
Chipmaker Analog Devices anticipates third-quarter revenue of $3.9 billion, surpassing Wall Street estimates, driven by rising demand for AI-related semiconductors and components.
Telangana-based Merritronix to launch IPO June 1 to raise ₹70.03cr
Telangana-based Merritronix plans to raise Rs 70.03 crore through a fresh issue of 47 lakh shares, becoming the first IPO of June, opening for subscription on June 1.
Eighth Central Pay Commission seeks contract consultants to apply online
The 8th Central Pay Commission is hiring consultants on a contractual basis. Interested candidates can apply online through the official website; no physical submissions allowed.
KFin Technologies launches AEGIX AI platform to manage investor relations
KFin Technologies has introduced AEGIX, an AI-driven platform enabling listed companies to streamline shareholder tracking, market monitoring, and investor communication.
India to roll out RainMumbai, world's 1st exchange-traded rainfall index
India will debut the world’s first exchange-traded rainfall derivatives on 29 May via NCDEX, enabling sectors exposed to monsoon risks to hedge against rainfall variability.
India leather and footwear exports fall 1.6% despite rupee gains
India's leather exports fell 1.6% to $4.75 billion in FY26, impacted by higher US tariffs and the West Asia crisis disrupting global trade and supply chains.
Intuit to cut about 3,000 jobs to sharpen AI focus
Intuit plans to lay off 3,000 employees worldwide, aiming to simplify operations and prioritize AI integration, according to an internal memo shared by CEO Sasan Goodarzi.
Lam Research opens Salzburg lab amid rising AI chip demand
Lam Research has launched a Salzburg lab to pioneer panel-level packaging, enhancing chip density and reducing costs amid rising AI-driven processor demand.
EPFO to launch 24x7 WhatsApp support for members across languages
EPFO now offers round-the-clock support via WhatsApp, enabling members to check PF balances, track claims, resolve Aadhaar issues, and access key services seamlessly.
Bajaj Group launches Bajaj Integrated Health Systems and commits ₹2000-2500cr
Marking its 100th year, the Bajaj Group is venturing into healthcare with Bajaj Integrated Health Systems, a bold diversification led by fifth-generation scion Nirav Bajaj.
Meta lays off nearly 8,000 employees worldwide amid AI push
Meta is offering US-based laid-off employees 16 weeks of base pay, two additional weeks per service year, and 18 months of healthcare coverage. Benefits vary internationally.
SEBI proposes payroll SIPs, distributor unit payments and donations
SEBI has proposed payroll-linked mutual fund SIPs for employees and a framework for social donations via mutual funds, ensuring compliance with anti-money laundering norms.
Nykaa asks Delhi HC to add Meta to Zee suit
Nykaa has requested a New Delhi court to include Meta in its copyright dispute with Zee, arguing that Meta's licensing terms are central to determining music usage on Instagram.
Ichnos Glenmark Innovation unveils ISB 2301 tri-targeting solid tumors
Ichnos Glenmark Innovation has introduced ISB 2301, a first-in-class multispecific antibody targeting solid tumours, leveraging its proprietary BEAT platform for immune activation.
FAO warns Strait of Hormuz closure risks global food supplies
The UN FAO warns that the Strait of Hormuz closure could trigger a global agrifood shock, causing severe price hikes within six to twelve months amid escalating supply disruptions.
India's infrastructure index edges up 1.7% in April 2026
India's infrastructure output rose by 1.7% in April 2026, driven by strong growth in cement, steel, and electricity, while five other core sectors registered contractions.
Dr. Reddy's launches India-approved Obeda tablet for type 2 diabetes
Dr Reddy’s Laboratories has launched Obeda, an oral semaglutide biosimilar in India, offering a once-daily treatment option for type 2 diabetes patients at affordable pricing.
Jubilant FoodWorks posts 66% quarterly profit jump to ₹79.8 cr
Jubilant FoodWorks posted a 66.2% year-on-year rise in Q4 net profit to ₹79.8 crore, with revenue from operations increasing 19.8% to ₹2,499 crore during the March quarter of FY26.
NCDEX launches RAINMUMBAI to hedge Mumbai monsoon rainfall risk
NCDEX has introduced India's first exchange-traded weather derivative, RAINMUMBAI, enabling stakeholders to hedge financial risks linked to Mumbai's monsoon rainfall deviations.
AI enables product innovation in India engineering hubs, Daimler says
AI is driving faster intellectual property creation in India's engineering hubs, with global firms like Daimler Truck leveraging it for innovation and supply chain resilience.
Experts advise filing ITR after June 15 to avoid errors
Tax experts recommend waiting until June 15 to file ITR, as key documents like Form 16, AIS, and Form 26AS are typically updated by mid-June for accuracy.
Redseer forecasts AI driven 79 million sqft India office demand
India's growing AI adoption could add 79 million sq ft of office space by 2030, with flexible workspaces becoming the default model to support collaboration and scalability.
Sensex recovers 790 points and Nifty ends marginally higher
Indian stock markets rebounded strongly as Sensex surged 790 points from intraday lows and Nifty closed above 23,650, driven by cooling oil prices and easing bond yields.
BHIM transactions surge 301% in FY26 to 21.6cr monthly
BHIM Payments App saw a 301% rise in transaction volumes during FY26, with monthly transactions jumping from 5.93 crore to 21.6 crore.
Modi's 'Melody' moment with Italian PM sparks Parle Industries rally
Shares of Parle Industries have hit the upper circuit after Prime Minister Narendra Modi's gesture of gifting Melody toffees to Italian Prime Minister Giorgia Meloni during his Rome visit.
India's rupee drops over 7% as Citigroup expects tighter rules
India may impose stricter currency controls, including curbs on overseas investments and faster export repatriation, as the rupee weakens over 7% against the dollar in 2026.
India's GDP to grow at 6.4% in 2026: UN
The United Nations (UN) has revised its economic growth forecast for India, projecting a rate of 6.4% for 2026. The new estimate is lower than the previous projection of 6.6%.
US Treasury bond yield hits 19-year high: What's the reason?
The yield on the 30-year US Treasury bond has surged to its highest level since 2007, hitting a peak of 5.2%.
Crude oil prices surge in India today: What's the reason?
Crude oil prices on the Multi Commodity Exchange (MCX) rose nearly 0.7% to ₹10,095 per barrel today.
Southwest Airlines opens 1st tech hub outside US in Hyderabad
Southwest Airlines has opened its first-ever Global Innovation Center outside the US in Hyderabad.
Qualcomm's Dino Bekis praises India's AI rise at Snapdragon event
India has transitioned from infrastructure-focused projects to global leadership in emerging technologies like personal AI, says Qualcomm Senior VP Dino Bekis.
HDFC AMC reports cybersecurity scare after intrusion claim, engages experts
HDFC Asset Management Company disclosed a cyber-security incident on May 16, with an anonymous source claiming partial access to its IT infrastructure.
China accepts US 21% tariffs while sides seek truce extension
China has agreed to accept increased US tariffs at levels set in last year’s negotiations, signaling efforts to stabilize ties and extend the ongoing trade truce.
Deccan Gold Mines surge 23% to ₹150 after nickel find
Deccan Gold Mines shares surged 23% after the company announced significant nickel, copper, and palladium discoveries at its Bhalukona Project in Chhattisgarh.
AI surge triples Kospi, lifts Taiwan to world's 6th-largest market
The AI boom has propelled South Korea's Kospi and Taiwan's stock market past several Western giants, marking a historic reshuffling in global equity-market capitalisation rankings.
India's CCI chair warns of AI data monopolies, seeks enforcement
The CCI must adapt to AI's rapid adoption, says Chairperson Ravneet Kaur, emphasizing the need to investigate AI's role in fostering anti-competitive practices and data monopolies.
India's gold loans surge over 50% to ₹18.6L/cr FY2026
Gold loans emerged as the fastest-growing retail credit segment in FY26, driven by rising gold prices and increasing demand for secured, quick-access borrowing solutions.
Pantomath's Wealth Company launches 10th large and mid cap fund
The Wealth Company Mutual Fund introduces its 10th fund, an open-ended equity scheme targeting long-term capital appreciation through investments in large and midcap stocks.
CCI pledges to curb tech giants' dominance in digital market
The Competition Commission of India (CCI) has vowed to prevent dominant tech firms from creating a "winner-takes-all" ecosystem, ensuring fair competition in digital markets.
Mahindra Group appoints Purnima Lamba as chief brand officer
Mahindra Group has appointed Purnima Lamba as Chief Brand Officer, effective September 1, 2026, to strengthen its unified brand narrative and communications strategy.
HCG Q4 profit drops 70% to ₹2.17cr, revenue ₹650.29cr up
Healthcare Global Enterprises Limited reported a 70% year-on-year decline in Q4FY26 PAT to ₹2.17 crore, while revenue rose 11.4% to ₹650.29 crore during the same period.
Why India Semiconductor Mission 2.0 might be extended to 12-years
The Indian government is mulling an extension of the second phase of the India Semiconductor Mission (ISM) to up to 12 years, senior officials have told Business Standard.
After Trump-Xi summit, China agrees to buy 200 Boeing jets
China has confirmed its decision to buy 200 Boeing jets, following a recent meeting between US President Donald Trump and Chinese President Xi Jinping in Beijing.
India to send oil tankers through Strait of Hormuz again
India is gearing up to send vessels through the Strait of Hormuz for energy cargoes from Middle East suppliers.
Sam Altman personally invests nearly $180 million in Retro Biosciences
Sam Altman has invested nearly $180 million in Retro Biosciences, a startup leveraging AI to explore partial cellular reprogramming aimed at slowing or reversing human ageing.
Nikkei falls 1.23% to lowest since May 1 on profit-taking
Japan's Nikkei share average fell 1.23% to a near three-week low, driven by profit-taking in AI-related stocks, with SoftBank Group and Fujikura leading the declines.
FulcrumQ targets India with Science of Talent to Value
FulcrumQ’s Shefali Salwan highlights their commitment to creating tailored talent frameworks for India's early-growth and scaling enterprises, addressing rapid scale challenges.
United Nations trims India 2026 GDP forecast to 6.4%
The United Nations has lowered India's 2026 GDP growth projection to 6.4% from 6.6%, citing global uncertainties, yet India remains a top-growing major economy.
Samsung chip factories pause as 48,000 workers begin 18-day strike
Samsung faces a major setback as 48,000 workers begin an 18-day strike, threatening global semiconductor supply and potentially disrupting tech production and prices worldwide.
Over 48,000 Samsung workers set to strike tomorrow
Samsung Electronics' labor union has announced plans to strike on May 21, after wage negotiations with the tech giant failed.
Amagi reports ₹34.3cr Q4 profit, turns around from ₹10.6cr loss
Bengaluru-based SaaS firm Amagi reported Rs 34.3 crore profit and Rs 397 crore revenue in Q4 FY26, marking a 28.5% year-on-year growth after its January IPO debut.
Meta begins laying off 8,000 employees
Meta Platforms has started laying off around 8,000 employees worldwide as part of a restructuring process.
Southwest opens 1st overseas Global Innovation Center in Hyderabad today
Southwest Airlines inaugurated its first Global Innovation Centre outside the US in Hyderabad, aiming to create 1,000 jobs and boost technology-led transformation.
India's new labor code allows optional 4 day workweek
India's new labour code allows a four-day workweek option, keeping the 48-hour weekly cap intact but requiring longer daily shifts of up to 12 hours.
Mumbai-based Mythik led by Kothari raises $5 million, tops $50 million valuation
Mythik, an entertainment startup by ex-Freecharge CEO Jason Kothari, raised $5 million in fresh funding, boosting its valuation to over $50 million.
UK inflation eases to 2.8% as energy price cap lowers
UK inflation eased to 2.8% in April, driven by Ofgem’s reduced energy price cap, despite rising global oil prices due to the Iran war impacting fuel costs.
HT Digital CEO Puneet Jain warns AI consumes publishers' trust
Puneet Jain, CEO of HT Digital, cautioned that AI-generated content is eroding trust online by consuming credibility built by publishers and journalists over decades.
India considers longer ISM phase to strengthen chip supply chains
India plans a Rs 1.5 trillion push under ISM Phase 2, extending support to supply chain makers over 12 years, focusing on raw materials and chip design ecosystem development.
Kellton Tech unveils Phoenix. AI converting legacy systems into cloud microservices
Kellton Tech Solutions introduces Phoenix.AI, an AI-powered platform that accelerates legacy system transformation into cloud-native microservices, reducing timelines by up to 80%.
Sandeep Karwa appointed AJIO CEO, Vineeth Nair moves to strategy
Sandeep Karwa, ex-Coupang Taiwan head, has been appointed CEO of AJIO, succeeding Vineeth Nair, who transitions to a strategic role within Reliance Retail.
India's solar industry urges cap above ₹10 on power exchanges
India's solar sector urges regulators to raise electricity price caps, citing record power demand and profitability challenges that hinder investment in energy storage solutions.
Citigroup: Strait of Hormuz disruptions could push Brent to $120
Citigroup warns Brent crude may surge to $120, citing underestimated risks from prolonged supply disruptions in the Strait of Hormuz amid escalating US-Israeli tensions with Iran.
Tesla cancels India factory plans
Tesla has reportedly scrapped its plans to set up an electric vehicle (EV) factory in India.
Karbon Business launches AiAccountant for India's small and midsize businesses
Karbon Business has introduced AiAccountant, an AI-powered platform offering real-time bookkeeping, automated GST filings, and financial tools tailored for India’s 64 million SMEs.
LinkedIn will cut 606 jobs on July 13 amid restructuring
LinkedIn has announced layoffs affecting 606 employees, citing a shift in priorities, while Meta begins cutting over 8,000 jobs amid its AI-focused restructuring.
China to buy 200 Boeing planes with US parts guarantees
China has announced plans to purchase 200 Boeing jets following a summit between US President Donald Trump and Chinese President Xi Jinping, signaling strengthened trade ties.
United Nations cuts 2026 global growth forecast to 2.5%
The U.N. has reduced its 2026 global growth forecast to 2.5%, citing Middle East tensions driving inflation, disrupting supply chains, and dampening economic activity worldwide.
Bandhan Bank uses AI and data to promote financial empowerment
Bandhan Bank is leveraging AI and digital technologies to evolve from its microfinance roots into a universal bank, driving financial empowerment and innovation.
UBS: Mid tier Indian IT firms outperformed giants in FY26
UBS reports a mixed Q4FY26 performance for Indian IT, with mid-tier firms like Coforge outperforming large caps as AI-driven transformation reshapes client spending and priorities.
Acceldata launches autonomous data and AI platform for enterprises
Acceldata has unveiled an autonomous data and AI platform to address fragmented data architectures, positioning India's GCC ecosystem as a hub for enterprise AI innovation.
India plans $1B incentive for electric busses, trucks adoption
Indian government is mulling over an incentive program worth over $1 billion to promote the adoption of electric busses and trucks by private operators.
Indian rupee hits all-time low of ₹96.91 against US dollar
The Indian rupee has hit an all-time low of ₹96.91 against the US dollar, owing to rising US Treasury yields, high crude oil prices, and geopolitical tensions in West Asia.
Foreign investors cut holdings in HDFC Bank, Reliance, Infosys, TCS
Foreign institutional investors have nearly halved their allocation to India's top 10 blue-chip stocks over four years, driven by global capital reallocation trends.
Indian markets slip as Nifty, Sensex fall and rupee weakens
Markets opened lower as Nifty fell 163 points to 23,455, pressured by elevated crude prices above $110 and the rupee hitting a record low of 96.61.
Indian rupee hits 96.8650 per dollar amid US Iran tensions
The Indian rupee plunged to a record low of 96.8650 against the US dollar, while Sensex dropped 517 points and Nifty slipped below 23,500 amid global uncertainty.
ED detains 3 Gameskraft founders for alleged ₹250cr laundering
A Bengaluru court has sent Gameskraft founders to 14-day judicial custody in a money laundering case linked to alleged online gaming fraud, following an ED investigation.
Gold rises on US-Iran deal optimism
Gold prices saw a slight uptick on Wednesday, driven by hopes of a possible peace agreement between the United States and Iran.
Indian rupee drops to record 96.86 amid oil price surge
The rupee plunged to 96.86 per dollar as stalled U.S.-Iran peace talks drove oil prices higher, intensifying global inflation fears and straining India's economy.
Oil holds above $110 as U.S.-Iran tensions unsettle markets
Global oil prices remained above $110 a barrel on Wednesday as markets assessed mixed signals from US President Trump regarding the ongoing conflict with Iran.
Ecarx, May Mobility $750 million deal aims to halve robotaxi costs
Ecarx Holdings Inc., backed by Chinese billionaire Li Shufu, will supply thousands of self-driving cars to US startup May Mobility in a $750 million deal.
Wesco's Bejoy John: data quality, ownership undermine AI trust
As AI adoption accelerates, firms are realizing that poor data quality and fragmented systems, not algorithm sophistication, are the biggest barriers to successful deployments.
Gold $4,492.80, silver $74.545 barely budge amid Fed, U.S.-Iran tensions
Gold and silver prices held steady as investors monitored US-Iran tensions and anticipated signals from the Federal Reserve on interest rate policy amid inflation concerns.
Gold rises as US and Iran talks ease conflict fears
Gold prices climbed 0.4% as optimism over US-Iran peace talks eased inflation and interest rate concerns, while investors awaited Fed minutes for monetary policy insights.
Samsung and labor union hold talks to avert Thursday strike
Samsung Electronics and its union resumed urgent talks Wednesday, aiming to resolve bonus disputes before 48,000 workers initiate an 18-day strike threatening global supply chains.
Meta begins global layoffs, cuts roughly 8,000 roles worldwide
Meta has initiated layoffs of 8,000 employees globally, starting in Singapore, as part of a restructuring to improve efficiency and prioritize AI investments.
India developing law-to-code privacy enforcement amid AI risk talks
India explores automating legal compliance through a ‘law-to-code’ framework as AI-driven cyber threats rise, while consultations on advanced AI risks gain momentum.
India plans 10-year $1B+ push for electric busses and trucks
India plans over $1 billion in incentives to boost private adoption of electric buses and trucks, aiming to reduce fossil-fuel reliance and enhance energy security.
HSBC CEO Georges Elhedery: AI reshaping jobs, bank retrains staff
HSBC CEO Georges Elhedery revealed AI will eliminate certain jobs while creating new ones, urging employees to embrace the technology as the bank prioritizes workforce retraining.
Singapore overtakes Indonesia as region's largest stock market, valued $645bn
Singapore surpasses Indonesia in stock market capitalization, reaching $645 billion, as Indonesia faces investor concerns and economic challenges.
UpGrad valued at ₹15,980cr as it awaits ₹2,055cr Unacademy acquisition
UpGrad's valuation reached $1.7 billion, as the edtech firm eyes aggressive growth through acquisitions, including a Rs 2,055 crore deal for Unacademy awaiting CCI approval.
AI skills sought in 14% of Indian tech job listings
India's tech job market is witnessing a surge in demand for AI skills, with nearly 14% of January postings requiring expertise, reshaping hiring priorities.
India to rethink nonessential import rules after $28.4bn trade deficit
India is evaluating restrictions on non-essential imports to reduce its trade deficit, support the rupee, and promote domestic manufacturing amid external economic pressures.
AI financial tied to Trump family warns of possible collapse
AI Financial, a major holder of WLFI tokens tied to Trump-affiliated World Liberty Financial, reported significant losses and warned of potential insolvency within the next year.
Indian rupee falls to record 96.53 as Brent hits $100
The Indian Rupee hit a record low of 96.53/$ on Tuesday, driven by elevated crude oil prices and concerns over India's rising import bill, prompting mild RBI intervention.
Indian companies increase confidential IPO filings with SEBI amid volatility
Amid West Asia conflict-induced uncertainty, firms increasingly prefer confidential IPO filings with Sebi to safeguard business details and gain an extended launch window.
IRS drops all pending tax claims against President Donald Trump
The IRS will not pursue Donald Trump, his family, or businesses for back taxes under a Justice Department settlement that also establishes a $1.7 billion compensation fund.
Shay Shwartz's Ocean raises $28 million from Lightspeed and Picture Capital
Shay Shwartz, once a teenage hacker, leveraged his elite cybersecurity expertise to launch Ocean, an AI-powered email security startup that recently secured $28M in funding.
Jury dismisses Musk suit against Sam Altman and Greg Brockman
Elon Musk accused Sam Altman of misusing OpenAI’s non-profit resources, but the trial revealed Musk himself redirected those same resources to benefit Tesla’s self-driving project.
Gold falls to $4,486.63 amid inflation and interest rate fears
Gold prices dropped 1.8% as inflation fears, driven by elevated energy costs and the Iran war, raised expectations of prolonged interest rate hikes by global central banks.
ICRA forecasts India GDP growth at 7% in Q4 FY26
India's Q4FY26 GDP growth is projected at 7%, a three-quarter low, as weaker industrial and services sector performance offsets slight agricultural improvement, according to ICRA.
RBI proposes standardized capital reporting for all banks in India
The Reserve Bank of India has proposed standardized capital adequacy disclosure rules for all banks, including foreign ones, to enhance transparency and comparability.
BofA survey shows fund managers worry about AI data-center debt
AI-driven data center financing has surged, with over $300 billion borrowed since last year, sparking fears of a potential systemic credit event.
Bayer aims to reach 100 million Indian households with Alka-Seltzer
Bayer is expanding its consumer healthcare presence in India, targeting the ₹40,000 crore self-care market with new products like Alka-Seltzer and ambitious distribution plans.
Delhi HC orders Reddy Pharmaceuticals to drop 'Reddy' over trademark
The Delhi High Court barred Reddy Pharmaceuticals from using 'Reddy' in its name, citing similarity to the 'Dr. Reddy's' trademark of Dr. Reddy's Laboratories.
Adani Enterprises gains after US DOJ drops bribery charges ₹2,725
Adani Enterprises shares gained 1.3% to close at ₹2,725 after the U.S. Department of Justice dropped bribery charges against the group and its promoters following a settlement.
SpaceX $75 billion IPO reshapes Brownsville Texas economy and housing
SpaceX's $75 billion IPO is set to create local millionaires in Brownsville, Texas, a historically poor border town now grappling with rapid economic and social changes.
Michael Burry warns AI investment mirrors 1999 dot-com bubble
Michael Burry cautions that the current AI investment frenzy mirrors the dot-com bubble, citing excessive venture capital funding and junk-bond debt in the sector.
Google DeepMind's Demis Hassabis was an early Anthropic investor
Demis Hassabis, the co-founder of Google's DeepMind, was an early investor in the artificial intelligence start-up Anthropic, according to a report by Financial Times.
Why founders of Groww have sold shares worth ₹260cr
The promoters and promoter group of wealth-tech firm Groww have sold a combined 0.23% stake in the company for ₹250-260 crore.
SpiceJet can seek Delhi HC's relief from ₹144cr deposit order
The Supreme Court of India has allowed budget carrier SpiceJet to approach the Delhi High Court for relief from a ₹144.5 crore deposit order.
Nayara Energy restarts operations at its Gujarat refinery
Indo-Russian oil refining and marketing company Nayara Energy has resumed operations at its 400,000 barrels-per-day Vadinar refinery after a maintenance shutdown.
Could dog nannies earn up to $1,34,000 in a year?
The United States is witnessing a surge in demand for a new breed of premium pet care professionals known as "dog nannies" or "dog governesses."
Centre may receive record ₹3 trillion dividend from RBI
India's fiscal position is set for a major boost this week, with the Reserve Bank of India (RBI) likely to transfer a record surplus of nearly ₹3 trillion ($31.2 billion) to the government, according to a Bloomberg report.
After 80 days, you can now trade in Iranian stocks
Iran's stock market has reopened today, after an unprecedented 80-day closure due to the conflict with US and Israel.
Indian start-up database in the works: What will it cover?
The Ministry of Electronics and Information Technology (MeitY) is planning to create a comprehensive national start-up database.
Adani Group shares surge as US drops criminal charges
Shares of the Adani Group, including Adani Enterprises and Adani Ports, witnessed a jump of up to 3.5% on Tuesday.
Indian rupee hits all-time low of 96.47 against USD
The Indian rupee has hit a new all-time low, falling to 96.47 against the US dollar. The fall comes amid persistently high crude oil prices and weaker Asian currencies.
Ahead of upGrad merger, Unacademy's test-prep chief Sumit Jain resigns
Sumit Jain, the CEO of Unacademy's test-prep business, has resigned from his full-time role. The decision comes ahead of a potential merger between Unacademy and upGrad Education.
Why Starbucks Korea has fired its CEO
Starbucks Korea's CEO Son Jung-hyun has been fired over a controversial marketing campaign.
Google and Blackstone plan to launch an AI cloud company
Tech giant Google and investment firm Blackstone are teaming up to launch a new artificial intelligence (AI) cloud company.
Meta moves 7,000 employees to AI roles ahead of layoffs
Meta is gearing up for a major layoff round tomorrow, May 20. The tech giant is expected to cut around 8,000 jobs or about 10% of its global workforce.
NextEra buys Dominion for $67B as AI power demand surges
US power giants NextEra Energy and Dominion Energy have announced a merger deal worth $66.8 billion.
Standard Chartered to cut over 7,000 jobs by 2030
Standard Chartered has announced plans to cut over 7,000 jobs globally by 2030.
Musk slams OpenAI lawsuit verdict, says legal fight isn't over
A US jury has ruled against Elon Musk in his lawsuit against OpenAI, the artificial intelligence company led by Sam Altman.
Oil prices fall below $110 as Trump pauses Iran attack
Oil prices fell sharply in early Asian trade on Tuesday, after US President Donald Trump announced a pause in military action against Iran.
Fuel prices raised by 90p; second hike in 4 days
Petrol and diesel prices have witnessed another hike across major Indian cities, marking the second increase in a week.
Musk loses lawsuit against OpenAI and Sam Altman
A jury in Oakland, California has ruled against Elon Musk in his high-profile lawsuit against Sam Altman and OpenAI.
PwC sued by liquidators of China Evergrande for $8.4B
The liquidators of China Evergrande, a major Chinese property developer that went bankrupt, are suing accounting firm PricewaterhouseCoopers (PwC) for CNY 57 billion ($8.4 billion).
How India's LPG shortage is having an effect on California
India, world's most populous country, relies heavily on LPG for cooking.
Why Apple Pay's launch in India has been delayed
Apple's plans to launch its payment service, Apple Pay, in India have hit a snag over commission negotiations with major banks, Moneycontrol has reported.
ICICI Bank to retain majority stake in ICICI Prudential Life
ICICI Bank has announced its decision to maintain a majority stake in the ICICI Prudential Life Insurance Company.
How NPS plans to make your retirement easier
The Pension Fund Regulatory and Development Authority (PFRDA) has announced a major change in the National Pension System (NPS).
Kalshi, Polymarket onboarding Indian users despite ban on online betting
Despite India's ban on online betting platforms, Kalshi and Polymarket are still allowing Indian users to sign up and trade on their prediction markets.
Why SEBI has summoned company secretary of IndusInd Bank
The Securities and Exchange Board of India (SEBI) has summoned IndusInd Bank's Company Secretary Anand Das in connection with an alleged insider trading case, Moneycontrol has reported.
OPPO wants to form a manufacturing JV in India
Chinese smartphone giant OPPO is in talks with Indian electronics makers Amber Group and Bhagwati Products to form a manufacturing joint venture (JV) in India, as per Moneycontrol.
India-Oman FTA might be effective from June 1: Piyush Goyal
India's free trade agreement (FTA) with Oman should come into effect from June 1, Commerce Minister Piyush Goyal announced today.
Bank of India has revised interest rates for these FDs
Bank of India has revised its interest rates on medium and long-term fixed deposits (FDs) of less than ₹3 crore.
SEBI plans rules for AI-based trading
The Securities and Exchange Board of India (SEBI) is working on a framework to regulate artificial intelligence (AI)-driven trading.
Sensex rebounds over 1,100 points from day's low
The benchmark indices, Sensex and Nifty, have staged a partial recovery on May 18. The recovery comes after a sharp decline of up to 1.3% in intra-day trading.
Anthropic, OpenAI dominate paid AI app market with 89% share
Anthropic and OpenAI together account for the majority of the paid artificial intelligence (AI) app market, a new survey has revealed.
Centre reviews IDBI Bank stake sale
The Indian government is looking for ways to revive the stalled sale of a majority stake in IDBI Bank. The move comes after bids earlier this year fell short of expectations.
Apple must cooperate with India's antitrust probe: Delhi High Court
The Delhi High Court has ordered Apple to fully cooperate with the ongoing antitrust investigation into its iPhone app market practices.