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NPCI outlines 1 billion UPI daily target, CEO highlights AI
India's UPI ecosystem, processing over 750 million daily transactions, is set to leverage AI for user growth, fraud prevention, and credit distribution, says NPCI CEO Dilip Asbe.
Australia's mid-2026 inflation forecast trimmed to 4.25% says Jim Chalmers
Treasurer Jim Chalmers announced that Australia’s headline inflation is expected to peak at 4.25% mid-year, aided by falling oil prices and easing Middle East tensions.
Eighth Pay Commission to meet in July on pay, pensions
The 8th Pay Commission is actively engaging with employee groups and stakeholders through state visits, with meetings scheduled in Bhubaneswar on July 6-7 and Kolkata on July 9-10.
Hong Kong posts $44 billion 5-year share-sale high on AI
Hong Kong's share sales soared to a five-year peak in H1 2026, driven by investor enthusiasm for AI-related companies despite a sluggish equity market and regulatory challenges.
Court denies Sudhir Valia bail in 1000cr Yes Bank fraud
The Mumbai police's Economic Offences Wing has issued a Look Out Circular against businessman Sudhir Valia in connection with a ₹1,000-crore Yes Bank-linked loan fraud case.
India to save ₹40,000cr yearly from local PCB production
India plans to cut reliance on imported PCBs, saving ₹40,000 crore annually, as Jewar emerges as a major electronics manufacturing hub under new initiatives.
Kotak Mahindra Bank's CEO Ashok Vaswani is stepping down
Ashok Vaswani, the Managing Director and Chief Executive Officer (CEO) of Kotak Mahindra Bank, has announced his decision not to seek re-appointment after his current term ends on December 31.
You can now ride a 'Bharat Taxi' in Gujarat
Union Home Minister Amit Shah has launched 'Bharat Taxi,' India's first driver-owned ride-hailing platform.
How Indian businesses can leverage benefits of UK trade deal
Union Minister of Commerce and Industry Piyush Goyal has announced a major initiative to help Indian businesses leverage the benefits of the India-UK Comprehensive Economic and Trade Agreement (CETA).
'Superfluous exercise': Ex-chairman of HDFC Bank slams legal review
Atanu Chakraborty, the former chairman of HDFC Bank, has criticized the bank's decision to appoint external law firms for a legal review.
Musk gets FTC nod to acquire SpaceX alumni start-up
The US Federal Trade Commission (FTC) has expedited its antitrust review for Elon Musk's proposed acquisition of Mesh Optical Technologies, a start-up founded by three former SpaceX engineers.
SpaceX to join NASDAQ-100 index on July 7
SpaceX will join the NASDAQ 100 index on July 7, NASDAQ confirmed on Friday.
MrBeast facing legal issues from investors over his snack brand
Jimmy Donaldson, better known as MrBeast, is facing a legal dispute with some of his investors.
Tesla settles lawsuit over fatal crash involving Full Self-Driving
Tesla has settled a lawsuit related to a deadly 2023 crash involving its Full Self-Driving (FSD) system.
Iran offers discounted crude to India after US sanctions waiver
After a recent sanctions waiver from Washington, multiple middlemen have started offering discounted Iranian oil to Indian refiners.
Airbus secures $9.3B order for 25 A330neo jets from China
Airbus has bagged a major deal with China Eastern Airlines, which is a partially state-owned carrier.
Steel imports from China, Japan, Russia facing anti-dumping investigation
India has launched an anti-dumping investigation into hot-rolled steel imports from China, Japan, and Russia.
Apple Vision Pro chief leaves for OpenAI
Paul Meade, Apple's Vice President and head of the Vision Pro headset and smart glasses division, is leaving the tech giant to join OpenAI, according to Bloomberg.
Why shelf-life rules for imported drugs might be relaxed
The Indian government has proposed a major change in the shelf-life requirement for imported medicines.
Novak Djokovic is now advisor to a private equity firm
Tennis legend Novak Djokovic has been appointed as a global strategic advisor by private equity firm General Atlantic.
US judge refuses to dismiss criminal case against Gautam Adani
A US judge has denied an immediate dismissal of the criminal case against Indian billionaire Gautam Adani.
OpenAI names Uber's Prabhjeet Singh as India MD
OpenAI has appointed Prabhjeet Singh, former President of Uber India and South Asia, as its new Managing Director for India.
Swatch seeks $170M from Samsung in smartwatch design dispute
Swiss watchmaker Swatch has filed a lawsuit against South Korean tech giant Samsung, seeking $170 million in damages.
Volkswagen eyes 100,000 job cuts, factory closures
Volkswagen AG, the parent company of Porsche and Audi, is planning a major restructuring.
Why fuel prices in India are unlikely to drop soon
State-run oil marketing companies (OMCs) are not expected to reduce retail fuel prices anytime soon.
Ex-Meta employee sues company over bid to silence her
Former Meta employee Sarah Wynn-Williams is suing the tech giant for its attempts to "silence" her.
South Korea's Kospi index tumbles 8% as AI-driven sell-off deepens
South Korea's stock market has become a prime example of how the artificial intelligence (AI) boom is reshaping global equities.
Goldman Sachs raises India's growth forecast to 6.8%
Goldman Sachs has raised its real GDP growth forecast for India to 6.8% for the calendar year 2026, up from its previous estimate of 6.5%.
Noida International Airport to triple flight operations from July
Noida International Airport (NIA) will nearly triple its flight operations from July 1.
Chip maker Micron briefly surpasses Meta, Tesla in market value
Micron Technology, the leading US memory-chip manufacturer, has briefly surpassed tech giants Meta Platforms and Tesla in market capitalization.
'It seemed absurd': BigBasket co-founder on early doubts about quick-commerce
BigBasket co-founder Hari Menon has admitted that he was initially skeptical about the concept of quick commerce.
Crude oil prices fall nearly 2% on easing supply concerns
Crude oil prices witnessed a nearly 2% decline on Friday, heading for a sharp weekly loss.
Parliamentary panel to meet RBI on crypto regulations in India
India's Parliamentary Standing Committee on Finance will meet with officials from the Reserve Bank of India (RBI) on July 2, 2026.
Pocket FM CEO breaks silence on microdrama app shutdown
Pocket FM, a leading audio entertainment company, recently announced the shutdown of its microdrama vertical, Pocket TV.
AI won't cause job apocalypse, but disruption expected: Goldman Sachs
A recent report by Goldman Sachs has downplayed fears of an impending "AI job apocalypse," despite the rapid development of artificial intelligence (AI) technology.
GIFT Nifty drops 150+ points amid global AI stock sell-off
The GIFT Nifty, an early indicator of Indian equity market performance, has witnessed a sharp decline of over 150 points.
Delhi HC orders Meesho to remove fake Jockey listings
The Delhi High Court has ordered e-commerce giant Meesho to remove product listings that allegedly violate the trademark of American innerwear and apparel brand Jockey, according to Bar & Bench.
Why OpenAI is delaying its IPO to 2027
OpenAI, the company behind the popular AI chatbot ChatGPT, is considering delaying its initial public offering (IPO) until 2027, according to The New York Times.
CRED introduces AI coach to help users understand credit scores
Fintech platform CRED has launched an innovative artificial intelligence (AI)-powered credit coaching feature.
JPMorgan promotes two veterans in race to succeed Jamie Dimon
JPMorgan Chase has announced a major management overhaul, promoting two of its long-serving executives, Troy Rohrbaugh and Doug Petno, as co-presidents.
SoftBank shares slide 13% amid reports of OpenAI IPO delay
SoftBank Group Corp's shares fell by as much as 13% on Friday.
Om Malik, a legendary tech journalist, passes away at 59
Om Malik, the founder of technology-focused analyst firm and media company Gigaom, has died at the age of 59. He breathed his last on June 24 at Stanford Hospital.
Government lifts all curbs on commercial LPG supply
The Ministry of Petroleum and Natural Gas has announced the removal of all sectoral restrictions on the supply of non-domestic packed LPG and restored supplies to the levels prevailing prior to the West Asia crisis.
EU approves tariff measures to implement trade deal with US
The European Union (EU) has approved two regulations to implement tariff commitments under the EU-US Joint Statement of August 21, 2025.