Business News
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Adani Ports posts 10.5% profit rise to ₹3,329 cr
Adani Ports and SEZ, India's largest private port operator, reported a 10.5% increase in quarterly profit due to rising cargo volumes.
Bajaj Finance crosses ₹5tn AUM while net profit jumps 22%
Bajaj Finance has surpassed the ₹5 trillion assets under management (AUM) mark, indicating a potential for cleaner growth ahead.
Supreme Court decision could return over $150 million to Indian exporters
Skydo, in collaboration with Intoglo, is assisting Indian exporters to claim over $150 million in tariff refunds from the U.S. following a recent Supreme Court ruling.
Elon Musk returns to court over Microsoft $10B OpenAI investment
Elon Musk has questioned Microsoft's $10 billion investment in OpenAI, raising concerns about corporate influence on artificial general intelligence development.
Indiabulls shares rise 10% to ₹19.70 on real estate gains
Indiabulls shares soared 10% following robust Q4FY26 results, demonstrating investor faith in its shift to a real estate-centric model despite a broader market downturn.
Oracle's $300 billion OpenAI partnership announced last year strains finances
Oracle attempts to justify its $300 billion commitment to OpenAI, as it faces massive layoffs and a plummeting stock value.
Whitbread cuts 3,800 UK and Ireland jobs amid rising costs
Whitbread, the owner of Premier Inn and Beefeater, is cutting nearly 4,000 jobs due to increased business rates and National Insurance costs.
Pocket FM seeks up to $120 million, eyes near $2B valuation
Tencent-backed audio platform, Pocket FM, is renewing its efforts to raise between $100 million and $120 million in fresh capital at a valuation of up to $2 billion.
France's economy flatlines in Q1 2026 as INSEE cuts forecasts
France's economy experienced no growth in Q1 2026, largely due to sluggish domestic demand and a significant negative impact from foreign trade.
Bitcoin drops 1.7% after Fed rate hold, Ethereum near $2,200
Bitcoin trades near $75,600 following the US Federal Reserve's decision to maintain interest rates, amidst weakening ETF demand and a cautious crypto market.
NVIDIA B300 servers cost $1m in China amid AI demand
Nvidia's B300 servers, crucial for AI tasks, have seen their prices nearly double to around $1 million each in China due to stringent US export curbs and high demand.
Alphabet up 22% and Amazon AWS up 28% on AI
The latest earnings reports from Google, Microsoft, Meta, and Amazon reveal a competitive landscape in AI investment and cloud growth, with varying investor reactions.
Xbox hardware sales plunge 33% as Microsoft's consumer segment weakens
Microsoft has reported a massive 33% drop in its Xbox hardware revenue, according to the company's latest earnings report.
Infosys will hire 20,000 graduates in 2026, Salil Parekh says
Despite the rise of AI reshaping the IT sector, Infosys plans to hire 20,000 fresh graduates, betting on AI expanding job opportunities.
Hindustan Unilever posts 18% quarterly profit rise despite rising costs
Hindustan Unilever reported an 18% profit increase, using cost cuts and price hikes to manage Middle East war-induced volatility.
Infosys will open Visakhapatnam tech center for 7,000 employees
Infosys is setting up a new development centre with 7,000 seats in Visakhapatnam, following the Andhra Pradesh government's allocation of 20 acres to the company.
India's sugar output tops 275L tons, mills urge minimum-selling-price revision
India's sugar production reached 275.28 lakh tonnes by end-April 2026, marking a 7% increase from the previous year's output.
Roblox names Sunil Rao managing director for India starting May
Roblox has appointed former Amazon Web Services senior executive, Sunil Rao, as Managing Director for its India operations.
Indian rupee falls to record low of 95.33 per dollar
The Indian rupee's record drop, driven by rising crude oil prices and economic risks, has put the Reserve Bank of India (RBI) on the defensive.
CEAT posts record FY26 revenue ₹15,678cr and ₹697cr net profit
CEAT Limited reported a record net profit of ₹697 crore for FY26 and crossed the ₹15,000 crore revenue mark for the first time.
Amazon now orders rise 25% month on month in India
Amazon's quick commerce service, Amazon Now, is experiencing a 25% monthly growth in orders in India, according to CEO Andy Jassy.
Chennai startup Dreamteam seeks $40 million Series A at $150 million-$200 million valuation
Dreamteam, an AI-powered CRM startup founded by former Freshworks executives, is reportedly in talks to raise around $40 million in a Series A round led by Accel and Together Fund.
Bajaj Auto may consider buyback at May 6 meeting
Bajaj Auto Ltd. is set to consider a buyback of equity shares on May 6, marking its first such move in nearly two years.
Mansukh Mandaviya announces EPFO linking old PF accounts to UAN
The Employees' Provident Fund Organisation (EPFO) is set to introduce a feature to help members manage their old provident fund accounts.
U.S.-Iran tensions lift Brent to $126, rupee 95.33 vs dollar
Brent crude oil's surge to $126 per barrel has led to the Indian rupee hitting a record low and a rise in 10-year bond yield.
Hindustan Unilever posts strong Q4 as shares slip over 3%
Hindustan Unilever (HUL) announced a 21% YoY increase in its Q4 consolidated net profit to Rs 2,992 crore. The company's revenue also rose by 8%.
Indian rupee weakens beyond ₹95/$ amid oil price surge
The Indian rupee has breached the 95 per US dollar mark for the first time since March 30.
US turns $8.9B Intel investment into over $30B value
US President Donald Trump announced that the government's investment in Intel has yielded over $30 billion in just 90 days.
India exports ₹2,00,000 cr of iPhones in FY26, a record
India's iPhone exports hit a record Rs 2 trillion in FY26, making it the country's largest branded export, according to a recent report.
Cognizant reportedly plans Project Leap layoffs of about 4,000 employees
Cognizant Technology Solutions is planning to lay off around 4,000 employees amid a shift towards automation and artificial intelligence, while launching Project Leap.
Samsung chip profits surge 49 times on AI memory demand
Samsung Electronics reported a nearly 50-fold increase in chip profit, but anticipates a deepening supply shortage that could impact its 2027 outlook.
Qualcomm stock jumps 15% after-hours on Cristiano Amon's optimism
Qualcomm's shares surged 15% following CEO Cristiano Amon's positive outlook on the smartphone market recovery and data center chip opportunities.
Parexel acquires Vitrana to add AI to patient safety monitoring
Parexel has purchased AI-enabled pharmacovigilance technology provider, Vitrana, to boost its patient safety solutions and streamline workflows.
Indians favor gold investments as jewellery demand drops 19%
In Q1 2026, soaring gold prices in India led to a significant shift from jewellery consumption to investment avenues like bars, coins and ETFs, as per the World Gold Council.
BSE and NSE to close May 1 for Maharashtra Day
The National Stock Exchange of India and BSE will remain closed on May 1 due to Maharashtra Day. This marks one of the 16 scheduled market holidays for 2026.
Renault asks NCLT to restructure India operations for €2bn exports
Renault Group India has sought approval from the National Company Law Tribunal (NCLT) to restructure its operations, aiming to support exports of up to €2 billion annually by 2030.
Indian rupee falls to record 95.23 against US dollar
The Indian rupee has hit a record low of 95.23 against the US dollar due to soaring energy prices and the US Federal Reserve's hawkish stance.
India invokes WTO peace clause, exceeds 10% rice subsidy cap
India has invoked the World Trade Organisation's peace clause for the seventh time, allowing it to exceed the 10% subsidy limit for rice farmers.
PayPal reportedly makes Venmo standalone business segment amid Stripe interest
PayPal's new CEO is reportedly making mobile payments app Venmo a separate business. This move comes amidst potential acquisition considerations by payments firm Stripe.
Supreme Court criticizes NCLT delays undermining India's 2016 insolvency law
The Supreme Court has taken notice of significant delays and inadequate infrastructure at National Company Law Tribunal (NCLT) benches, impacting insolvency proceedings.
Reserve Bank of India allows banks to aid disaster-hit borrowers
The Reserve Bank of India (RBI) has permitted banks to independently offer relief measures to borrowers affected by natural calamities, effective from July 1.
Fed holds rates amid split vote as tech earnings loom
US stocks, including S&P and Nasdaq, ended flat as the Federal Reserve decided to maintain steady interest rates amidst rising crude prices and geopolitical tensions.
India plans strategic mineral reserve to secure 6 months' supply
India plans to establish a six-month reserve of critical minerals, aiming to protect its green energy and manufacturing sectors from global supply disruptions and price volatility.
Microsoft cloud posts strong March quarter revenue amid AI spending
Microsoft's cloud revenue saw a significant boost in the March quarter, while its expenditure growth remained lower than anticipated, bolstering investor confidence.
Meta plans up to $145bn in AI spending despite layoffs
Meta Platforms has raised its 2026 capital expenditure forecast to $125-$145 billion, focusing on artificial intelligence infrastructure despite impending layoffs.
Alphabet reports 63% cloud revenue surge to $20B in Q1
Alphabet's cloud division reported a 63% revenue surge to $20 billion, surpassing estimates due to robust enterprise spending on artificial intelligence infrastructure.
Maruti Suzuki hits ₹4.16L cr market value after FY26 profit
Maruti Suzuki's market valuation soared by ₹11,422 crore due to a surge in small car sales, following a GST rate reduction in 2025.
India's Sensex posts nearly 1,000-point fall to 76,505 on Thursday
The Sensex and Nifty experienced significant drops due to escalating crude oil prices and continued foreign selling, negatively impacting investor sentiment.
Kissht raises ₹278cr from 22 anchor investors ahead of IPO
Digital lending platform Kissht has secured Rs 278 crore ($30 million) from 22 anchor investors, a day before its IPO opening.
Meta to invest $145B in 2026 for AI amid scrutiny
Meta Platforms escalates its capital expenditure for AI, despite facing regulatory scrutiny and user concerns, leading to a dip in the company's shares.
Infosys CEO Salil Parekh: AI to reshape India's IT industry
Infosys CEO, Salil Parekh, anticipates artificial intelligence (AI) to significantly alter the traditional pyramid talent model in India's IT sector.
Elections and harvest season hit Urban Company, Snabbit and Pronto
Instant domestic help platforms like Urban Company, Snabbit, and Pronto are facing a worker shortage amid increasing demand and rapid scaling.
Biocon falls 1% after FDA raises 5 Bengaluru facility issues
Biocon Ltd. shares fell after the US Food and Drug Administration issued a Form 483 with five observations for its Bengaluru biosimilars site.
Rupee weakens to 95.02 per US dollar after Fed holds
The rupee crossed the 95 per dollar mark on April 30 due to a hawkish stance from the US Federal Reserve and high Brent crude prices, impacting investor sentiment.
Cognizant Q1 revenue climbs 5.8% to $5.4B, launches Project Leap
Cognizant reported a marginal 0.1% decline in Q1 net profit of 2026, while also announcing potential layoffs amid tepid demand.
Sensex drops nearly 950 points as Nifty falls below 24,000
Indian stock market indices opened lower on Thursday due to a sharp increase in crude oil prices. The rupee also weakened, adding further pressure on the market.
Oil hits $122 a barrel as US prepares Iran blockade
Brent crude oil prices have surged above $120 a barrel, reaching their highest since 2022, following reports of the US preparing for an extended blockade of Iran.
Meta shares fall 7% as revenue rises, daily users lag
Meta Platforms Inc. saw a 7% decrease in shares due to concerns over increased spending plans and disappointing user growth figures.
Microsoft raises 2026 spending forecast to $190B, Azure up 39%
Microsoft Corp. has increased its 2026 capital expenditure guidance to $190 billion, despite its cloud business growth trailing behind competitors.
US stock futures climb after big tech earnings, Meta worries
US stock futures rose due to strong tech earnings, while Asian shares fell amid escalating Iran war uncertainty and surging oil prices.
SpaceX IPO filing prevents Musk's removal as CEO or chairman
Elon Musk cannot be removed from his roles as CEO and chairman of SpaceX without his own consent, according to the company's IPO filing.
Microsoft expects nearly 40% Azure revenue growth, plans $190B investment
Microsoft predicts strong sales for its Azure cloud services and plans a record $190 billion capital expenditure for 2026 amid intensifying AI competition.
Samsung posts record Q1 profits as AI memory chips surge
Samsung Electronics reported a nearly 50-fold increase in chip profit, driven by AI demand, but warns of a worsening supply shortage by 2027.
Dhan launches gold vault combining exchange prices and delivery option
Trading platform Dhan has introduced 'Gold Vault', a unique product allowing retail investors to buy gold and silver at exchange-linked prices and opt for physical delivery.
Japan factory output down 0.5% amid Iran war energy disruptions
Japan's factory production fell for a second consecutive month in March due to energy supply disruptions caused by the Iran war.
China manufacturing at 50.3 in April, construction and services contract
Despite supply chain disruptions and rising costs due to the Iran war, China's factory activity continues to expand, albeit at a slower pace.
SoftBank to take Roze public in US aiming $100B valuation
Japan's SoftBank Group plans to list its AI and robotics company, Roze, in the US with a targeted valuation of $100 billion.
Gold rises as US dollar weakens amid oil inflation fears
Gold prices saw a rebound on Thursday due to a softer U.S. dollar, despite ongoing inflation fears fueled by high oil prices.
Supreme Court ruling prompts Trump administration to refund IEEPA tariffs
The Trump administration is set to issue its first tariff refunds from May 11, following a Supreme Court ruling deeming the tariffs illegal.
Indian rupee opens at 95.02 as US Fed signals hawkishness
The Indian rupee fell beyond the 95-per-dollar mark for the first time since March 30, influenced by a stronger US dollar and rising global crude oil prices.
Bengaluru fintech Oolka raises $14 million led by Accel
Bengaluru-based fintech startup, Oolka, has raised $14 million in a funding round led by Accel to expand its AI-driven creditworthiness solutions and bank partnerships.
Alphabet posts $109.9B revenue as Google Cloud outpaces expectations
Alphabet Inc. exceeded Q1 2026 expectations with a revenue of $109.9 billion, and announced plans to increase AI capital expenditure to $190 billion.
Vedanta splits into 5 firms, shareholders receive 4 per share
Vedanta Ltd is finalizing its demerger process, with plans to file for listing approvals of four new companies next week, aiming for a mid-June trading commencement.
Alphabet revenue rises 22% to $109.9B on AI investments
Alphabet reports a robust Q1 2026 with $109.9B revenue, attributing the 22% year-on-year growth to its AI investments, particularly in Google Search and Gemini.
Meta posts $55.9B Family of Apps revenue amid costly AI
Meta's soaring AI development costs, projected to rise by $30 billion this year, are causing investor unease despite record-high growth in Q1 2026.
Indian rupee hits record low of 94.85 per US dollar
The rupee plummeted to a record closing low of 94.85 per dollar due to rising oil prices and stalled West Asia peace talks.
RBI introduces 'calamity chapter' for accounts not overdue 30 days
The Reserve Bank of India (RBI) has launched a 'calamity chapter' in its guidelines, providing disaster-related relief specifically to sound accounts.
Fed keeps rates unchanged with Powell remaining on Fed board
The Federal Reserve has decided to keep its benchmark interest rate unchanged, while Jerome Powell announces his intention to stay on the board post his chair term.
Kissht opens IPO to raise ₹926cr with shares priced ₹162-₹171
OnEMI Technology Solutions, also known as Kissht, is opening its ₹926-crore initial public offering (IPO) today with a price band of ₹162-171.
US stocks barely moved amid oil spike and Fed clarity
Despite a significant rise in oil prices, US stocks continue to hover near record levels, buoyed by robust profit reports from major companies.
China's factories are still growing despite global risks
China's factory activity has exceeded analysts' expectations for April, although the growth rate has slowed compared to last month.
Cognizant to cut 4,000 jobs amid AI push, slowing demand
Cognizant Technology Solutions has announced plans to lay off around 4,000 employees, or nearly 1% of its workforce. The decision comes as the company faces slowing demand and shifts toward automation.
Sensex crashes 1,200 points: Key reasons markets are falling today
The Indian stock market witnessed a major crash on Thursday, with the BSE Sensex plummeting by nearly 1,200 points. The Nifty50 also fell below the 23,800 mark.
Two congressional committees probe Airbnb's Qwen use for customer service
Airbnb is under scrutiny by Republican-led House committees for using a Chinese AI model, Alibaba’s Qwen, which CEO Brian Chesky praised as 'fast and cheap'.
US appeals court rejects Apple delay in Epic Games case
Epic Games has secured a significant legal victory against Apple as a U.S. appeals court rejects the tech giant's request to delay changes to its App Store fee structure.
Cognizant rolls out AI pricing for IT services, rewarding outcomes
Cognizant is integrating artificial intelligence into its pricing and workforce metrics, moving away from traditional models. The company has also implemented an 'AI fluency meter' to assess employee proficiency in AI.
Oil hits $120 amid Hormuz Strait tensions, Trump pushes blockade
Brent oil prices surge to $120 a barrel as Donald Trump hints at continued Hormuz blockade, while Bajaj Finance and HUL are set to announce their results today.
Silver in India up 1% to ₹2,35,102 per kg
Silver prices in India rose to ₹2.35 lakh/kg, rebounding from a one-month low, as the U.S. dollar weakened following the Federal Reserve's rate decision.
Indian rupee opens at 95.02 per dollar, 3rd weekly loss
The Indian rupee opened at 95.02 against the US dollar, marking a 0.2% drop due to rising crude oil prices and hawkish signals from the US Federal Reserve.
Samsung posts record $38B profit on AI chip demand
Samsung Electronics has reported a record-breaking first-quarter operating profit, beating analysts' expectations.
Meta's revenue rises 33% but investors worry over $145B AI
Meta plans to spend a staggering $145 billion this year, primarily driven by increased costs in the AI sector and global memory chip shortage.
Epic wins as court blocks Apple's delay in fees battle
Epic Games has won a major legal battle against Apple, as a US appeals court has denied Apple's request for a delay in the ongoing dispute over App Store fees.
US Fed keeps rates unchanged as inflation, oil risks linger
The US Federal Reserve has decided to keep its key interest rate unchanged, amid surging oil prices, growing inflation risks, and leadership transition at the central bank.
Uber partners with Expedia Group for 700,000 in-app hotel bookings
Uber is venturing into the hotel business through a partnership with Expedia, and introducing AI voice booking, as it aims to become a 'super app'.
Google Cloud posts $20B Q1 2026 revenue from AI demand
Google Cloud's Q1 2026 revenue surpassed $20 billion, marking a 63% increase from last year, despite facing capacity constraints that limited growth.
Oil prices cross $126 as Strait of Hormuz remains shut
Oil prices have continued to rise, with West Texas Intermediate jumping 2.6% to $109.64 a barrel, gaining for the fourth day. Brent surged 7%, crossing the $126 a barrel mark.
Elon Musk sues OpenAI alleging it abandoned nonprofit mission
Elon Musk, Tesla CEO, faced a challenging day in court over his lawsuit against OpenAI co-founders, with his past tweets contradicting his current claims.
Eighth Pay Commission extends deadline to 31/05/2026 for central employees
The 8th Pay Commission extends the deadline for employee demands to May 31, 2026, with significant implications for salaries, pensions, and working conditions.
Amazon Q1: AWS $37.6B sales jump 28% driven by AI
Amazon Web Services (AWS) reported a 28% increase in net sales, reaching $37.6 billion, as the company continues to invest heavily in its cloud infrastructure.
Amazon, Meta to seek fairer UPI rules from NPCI
Amazon and Meta are lobbying India's payments body to address the dominance of Google Pay and PhonePe in the country's instant payments network.
Amazon, Meta to lobby NPCI over PhonePe, Google Pay's dominance
Amazon and Meta are set to challenge the dominance of PhonePe and Google Pay in India's instant payments network.
Anthropic mulls $50B funding round at $900B valuation
Anthropic, the company behind the popular Claude AI assistant, is considering a new funding round.
Trump tariff refunds worth $166B may begin by May 11
The Trump administration is gearing up to issue its first round of tariff refunds, starting around May 11.
Cognizant to buy Astreya for around $600 million, boosting AI infrastructure
Cognizant is set to acquire AI services firm Astreya for $600 million, aiming to enhance its data centre and AI infrastructure capabilities.
Indian rupee ends ₹94.82 per USD near record low
The Indian rupee fell 14 paise to close near its all-time low of 94.82 against the U.S. dollar, influenced by rising Brent crude oil prices and ongoing foreign capital outflows.
Flipkart names legal and corporate development VPs ahead IPO
Flipkart has named Sharayu Jadhav as Vice President of Legal and Varun Gupta as Vice President of Corporate Development, bolstering its leadership team.
Maharashtra unveils AI policy 2026 for 1.5L jobs and ₹10,000cr
Maharashtra's cabinet has approved a new Artificial Intelligence Policy 2026, aiming for a Rs 10,000 crore investment and the creation of 1.5 lakh jobs.
Blue Cloud Softech Solutions signs MOU with GCIB for Africa
Blue Cloud Softech Solutions signs a memorandum of understanding with GCIB for Africa Ltd., leading to profit booking in shares.
MakeMyTrip considering Mumbai listing 1st quarter 2027 to raise funds
Nasdaq-listed travel platform, MakeMyTrip, is contemplating a Mumbai listing to potentially tap into domestic investors.
Sterlite Technologies posts March 2026 quarter profit of 59 cr
Sterlite Technologies reported a consolidated net profit of ₹59 crore for Q4 FY26, rebounding from a ₹40 crore loss the previous year.
Adani Power Q4 net profit jumps 52% to ₹4,017 cr
Adani Power Ltd reported a 52% year-on-year increase in its consolidated net profit for Q4 FY26, reaching ₹4,017 crore, largely due to reduced tax expenses.
Oil nears $115 as Iran tensions threaten Strait of Hormuz
Crude oil prices have surged to nearly $115 per barrel, the highest since June 2022, due to escalating tensions and supply risks associated with the ongoing Iran conflict.
Brokerage: AI spending shift squeezes India's IT growth until FY2027
The Indian IT sector is predicted to experience a prolonged slowdown and margin pressure due to the shift in budget allocation towards AI infrastructure, causing pricing erosion.
AI Instagram influencer Vrutika Patel tops 100,000 followers, earns ₹119,700
An AI-generated influencer, Vrutika Patel, is making waves by earning Rs 1.19 lakh monthly from just 300 Instagram subscribers, causing a divide in internet opinions.
Hyderabad BRICS Business Summit advances MSMEs access to global markets
The recent India BRICS Business Summit in Hyderabad aimed to globally connect India's MSME sector, marking a significant start for the BRICS Entrepreneurs Alliance (BEA) India.
Vedanta net profit up 92% to ₹6,698cr in March quarter
Vedanta's consolidated net profit surged 92% YoY to Rs 6,698 crore in Q4, while total revenues increased by a substantial 47%.
Sensex jumps over 1,000 points as Nifty crosses 24,300
The Sensex experienced a significant surge of over 1,000 points, driven by broad-based gains across multiple sectors including auto, banking, and IT.
Dr. Reddy's wins Canada approval for Ozempic generic, G-7 1st
Indian pharmaceutical giant, Dr Reddy's Laboratories, has gained Health Canada approval to sell the first generic version of diabetes and weight-loss drug, Ozempic.
Samsung's Lee family wealth hits $45.5 billion after AI surge
The Lee family, behind Samsung Electronics, saw their combined wealth double to $45.5 billion within a year, solidifying their control over the conglomerate.
Green bonds: Key insights on this investment option
Indian green bonds are becoming an increasingly popular option for investors looking to contribute to sustainable development.
Educational loans: All about this funding system
In India, education loans are a popular way to fund higher studies.
PPF v/s FD: Key facts and differences
Public Provident Fund (PPF) and Fixed Deposits (FDs) are two of the most popular investment options in India.
How much are oil companies losing on petrol, diesel sales?
Oil marketing companies in India are incurring significant losses on the sale of petrol and diesel.
These 25 companies in India can turbocharge your career
LinkedIn has released its annual list of the top 25 companies for career growth in India. The list features industry giants such as Infosys, Amazon, and Google.
Vedanta Q4 profit jumps 89% to record high of ₹9,352cr
Vedanta has announced a massive jump in its fiscal fourth-quarter earnings.
Sensex closes 600 points up: Key factors behind today's rally
The Indian stock market witnessed a strong rally on Wednesday, with the benchmark indices Sensex and Nifty closing significantly higher.
ICICI Bank's new feature lets you skip UPI PIN
ICICI Bank has launched biometric authentication for Unified Payments Interface (UPI) transactions on its mobile banking app, iMobile.
Maruti Suzuki shares jump 5% as Q4 revenue crosses ₹52,000cr
Maruti Suzuki India's shares jumped over 5% on Wednesday, recovering from yesterday's loss. The rise comes after the automaker posted a mixed financial performance for the fourth quarter (Q4).
ITC, Godfrey Phillips shares up by 7%: What's the reason?
Shares of ITC and Godfrey Phillips surged today after reports suggested a possible 17% hike in cigarette prices from May.
Can UAE's exit from oil cartel OPEC benefit India?
The United Arab Emirates (UAE) has announced its decision to exit the Organization of the Petroleum Exporting Countries (OPEC), effective May 1.
Why Firozabad's glass industry is facing risk of closure
The ongoing conflict in the Middle East is affecting India's "glass city," Firozabad, in Uttar Pradesh.
What Elon Musk said while testifying in OpenAI trial
Elon Musk took the stand on Tuesday in the high-profile trial against Sam Altman and OpenAI.
RBI's new credit card regulations: What changes for you?
The Reserve Bank of India (RBI) has introduced a major amendment in credit card regulations.
Bandhan Bank shares hit 52-week high today: What's the reason?
Shares of Bandhan Bank surged by a whopping 12% today, hitting a 52-week high of ₹200.30.
India prepares legal challenge to US trade probe
The Indian government and industry representatives from textiles, auto parts, plastics, and solar sectors are set to challenge the US Trade Representative's (USTR) Section 301 investigations.
Adani monopoly concerns push Modi government to rethink airport auctions
The Indian government is mulling a cap on bids by a single entity for the privatization of 11 airports.
Musk's SpaceX pay tied to Mars colonization, space data centers
SpaceX has revealed a unique compensation plan for its founder, Elon Musk.
Why Saudi Aramco has halted LPG deliveries until May-end
Saudi Aramco, the state-owned oil giant, has announced a suspension of liquefied petroleum gas (LPG) shipments through May.
Airtel plans $2B IPO for Airtel Money in London
Airtel Africa Plc is said to be considering an initial public offering (IPO) for its mobile money business, Airtel Money.
Oil prices hit $112 as US considers extending Hormuz blockade
Oil prices have witnessed a sharp rise on Wednesday, extending a multi-day rally.
UAE quits oil cartel OPEC after 6 decades
The United Arab Emirates (UAE) has quit the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, ending a nearly six-decade-long membership.
Maker of Parle-G biscuits is planning an IPO in India
Parle Products, the Mumbai-based company behind the iconic Parle-G biscuits, is said to be considering an initial public offering (IPO).
Worrying: OpenAI has missed its user and revenue targets
OpenAI, the company behind ChatGPT, has missed its user and revenue targets in recent months.
Credit guarantee scheme worth ₹2.5L crore will support these sectors
The Indian government is working on a massive ₹2.5 lakh crore credit guarantee scheme to support sectors like aviation and micro, small, and medium enterprises (MSMEs).
Love traveling? This job at Anthropic might be for you
Anthropic, a leading artificial intelligence (AI) company, is offering a whopping salary of up to $400,000 for a new position.
AU Small Finance Bank will become a full-fledged bank soon
AU Small Finance Bank has filed its final application for a universal banking license with the Reserve Bank of India (RBI).
What are the most common loan types in India?
Navigating the world of loans can be tricky, especially in a diverse economy like India.
PPF or FD: Which has a lower minimum contribution?
Public Provident Fund (PPF) and Fixed Deposits (FDs) are two popular investment options in India.
Debt mutual funds: What they are actually
Investing in debt mutual funds can be a smart way to diversify your portfolio and manage risk.
Aviation stocks slip 5% as rising fuel prices hit margins
Shares of InterGlobe Aviation (IndiGo) and SpiceJet witnessed a steep fall on Tuesday.