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Business News

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06 Mar 2026
TL;DR

Sensex falls over 500 points as geopolitical tensions rise

The Sensex and Nifty50 opened lower due to weak global cues and rising oil prices. IndiGo and ICICI Bank shares also fell by 2% each.

06 Mar 2026
TL;DR

Anthropic to sue US government over military AI contract ban

Anthropic PBC plans to legally challenge the US Defence Department's decision to label the AI company as a supply-chain risk, potentially leading to a court battle.

06 Mar 2026
TL;DR

Two chartered accountants arrested in ₹641 crore cyber fraud

The Enforcement Directorate (ED) has arrested two chartered accountants linked to a ₹641 crore cyber fraud and money laundering case.

06 Mar 2026
TL;DR

Diabetes, weight loss drug to become much cheaper in India

Over 50 Indian pharmaceutical companies are gearing up to launch their versions of semaglutide, as key patents for Ozempic and Wegovy expire next week.

06 Mar 2026
TL;DR

Telefonica, Mavenir launch AI innovation hub for telecom networks

US-based telecom software firm Mavenir is intensifying its AI-led strategy in India, following a financial restructuring and shift from hardware-led Open RAN ambitions.

06 Mar 2026
TL;DR

Oil prices drop over 2% after spike on Thursday

Oil prices experienced a significant drop of more than two percent in early Asian trade, following recent gains due to Middle East conflict.

06 Mar 2026
TL;DR

RBI's record bond purchases keep lending smooth amid massive borrowings

The Reserve Bank of India (RBI) is buying government bonds to offset liquidity drain and stabilize yields amidst geopolitical tensions.

06 Mar 2026
TL;DR

Sensex crosses 80,000 mark again

The Sensex reversed its downward trend, gaining 900 points due to improving geopolitical cues and positive developments in the US-Iran conflict.

06 Mar 2026
TL;DR

Unlisted Indian firms can directly list abroad: What's the impact

GIFT City is set to release a framework allowing companies to list shares directly without conducting an IPO, expanding access to global investors.

06 Mar 2026
TL;DR

War in West Asia pushes airfares to new heights

Insurance companies are raising war-risk premiums for airlines operating in West Asia, potentially leading to increased airfares as carriers pass on costs to passengers.

06 Mar 2026
TL;DR

Tech hiring in India picks up, but still way off

India's technology job openings rose by 9% in March, indicating a short-term increase in hiring demand despite AI disruption uncertainties.

06 Mar 2026
TL;DR

Lam Research to invest $1.2 billion in Karnataka

Semiconductor giant Lam Research is developing an Indian supplier base for global orders and planning a new systems engineering lab in Bengaluru, according to its India MD.

06 Mar 2026
TL;DR

Infosys mandates minimum office days for junior employees

Infosys has instructed employees at job level 6 plus (JL 6A) and above to work from the office four days a week, as part of its return-to-office strategy.

06 Mar 2026
TL;DR

Rozana raises ₹290cr to expand rural e-commerce platform

Rural e-commerce startup Rozana has raised ₹290 crore in a Series B funding round led by Bertelsmann India Investments, aiming to expand its rural storefront network.

06 Mar 2026
TL;DR

India, UAE to link digital currencies for faster cross-border payments

The central banks of India and the UAE are working to link their sovereign digital currencies, potentially enabling instant money transfers between the two countries.

06 Mar 2026
TL;DR

Explained: Why Indian rupee fell to record low against US dollar

The Indian rupee saw a significant boost, closing at 91.60/$1, following substantial interventions by the Reserve Bank of India (RBI) to prevent further weakening.

06 Mar 2026
TL;DR

US's AI chip export restrictions to China could impact NVIDIA

The Trump administration is reportedly drafting rules to regulate the export of AI chips, requiring U.S. government approval for international shipments.

06 Mar 2026
TL;DR

Trump's trust invested up to $2.25 million in Netflix bonds across December 2025 and January 2026

President Trump's trust purchased up to $1.25 million in Netflix bonds during the company's intense bidding war for Warner Bros. Discovery, recent government filings reveal.

06 Mar 2026
TL;DR

Nominal hits $1B valuation, eyes expansion beyond defense

Nominal, a startup offering software for hardware engineers' design testing, has raised $155 million in 10 months and reached a valuation of $1 billion.

06 Mar 2026
TL;DR

French cops nab contractor who stole $46 million in crypto heist

John Daghita, accused of stealing $46 million in cryptocurrency from the U.S. government, has been arrested by French law enforcement and the FBI on Saint Martin Island.

06 Mar 2026
TL;DR

Oracle to lay off thousands as AI centers cost billions

Oracle Corp. is reportedly planning to cut thousands of jobs as it grapples with a cash crunch caused by a significant expansion into AI data centers.

06 Mar 2026
TL;DR

Fractal's Q3 FY26: Healthcare, banking drive 21% revenue growth

Enterprise AI firm Fractal Analytics reported a consolidated profit of Rs 100.1 crore in its first quarterly results after listing on Indian stock exchanges.

06 Mar 2026
TL;DR

Trump orders US agencies to stop using AI tool

President Donald Trump has taken credit for the current predicament of AI company, Anthropic, stating he fired them "like dogs".

05 Mar 2026
Bengaluru

Grocery start-up FirstClub in talks to raise $60M

FirstClub, a Bengaluru-based premium retail grocery start-up, is in advanced talks to raise $50-60 million (around ₹450-550 crore) from Peak XV Partners and Sofina Ventures, according to Moneycontrol.

05 Mar 2026
Anthropic

Palantir faces tough task of severing ties with Anthropic

Palantir, a leading tech company, is facing the tough task of severing its ties with Anthropic. This comes after a dispute between the AI lab and the Pentagon over safety protocols.

05 Mar 2026
Anthropic

OpenAI's annualized revenue surpasses $25B mark

OpenAI has crossed the $25 billion mark in annualized revenue, The Information reported on Wednesday.

05 Mar 2026
Google

Sergey Brin joins Bezos, Zuckerberg in Miami with $51M mansion

Google co-founder Sergey Brin is reportedly the new owner of a $51 million waterfront mansion in Miami.

05 Mar 2026
Inflation

US-Iran war: Why investors are dumping silver and buying gold

The ongoing conflict in the Middle East, pitting the US and Israel against Iran, has triggered a global risk-off sentiment.

05 Mar 2026
China

China sets lowest GDP growth target in 35 years

China has set its annual economic growth target for 2026 at a range of 4.5% to 5%, the lowest since 1991.

05 Mar 2026
Morgan Stanley

Morgan Stanley cuts 2,500 jobs globally despite strong financial performance

Morgan Stanley has laid off around 2,500 employees worldwide, according to The Wall Street Journal.

05 Mar 2026
US Dollars

Gold, silver ETFs soar amid escalating US-Iran war

Gold and silver exchange-traded funds (ETFs) witnessed a sharp spike on Thursday.

05 Mar 2026
Reliance Industries

Why Reliance shares are rising amid US-Iran war

Reliance Industries Limited (RIL) witnessed a sharp surge in its share price on Thursday, gaining up to 3%.

05 Mar 2026
New Delhi

Estee Lauder fully acquires Forest Essentials

Estee Lauder Companies has announced its plan to acquire an additional 51% stake in Indian luxury beauty brand, Forest Essentials.

05 Mar 2026
NVIDIA

Why NVIDIA may pull back from investing in OpenAI, Anthropic

NVIDIA CEO Jensen Huang has hinted at a possible reduction in his company's investments in OpenAI and Anthropic.

05 Mar 2026
Sensex

Sensex gains 500 points: What's behind today's rally?

The Indian stock market opened on a positive note today, with the S&P BSE Sensex gaining nearly 500 points to trade at 79,603 and the Nifty50 rising by 175 points to reach 24,656.

05 Mar 2026
State Bank of India (SBI)

SBI hires 5,800 Junior Associates to strengthen customer service

The State Bank of India (SBI), the country's largest lender, has hired 5,783 Junior Associates across various states and union territories.

05 Mar 2026
Iran

Oil prices soar as US-Iran war disrupts global supply routes

Oil prices have soared on Thursday, owing to fears of supply disruptions from the ongoing US-Iran conflict. The prolonged closure of the Strait of Hormuz has also contributed to this spike.

05 Mar 2026
Donald Trump

US court orders refunds for Trump tariffs

In a major blow to President Donald Trump's administration, a federal judge in New York has ordered companies that paid certain tariffs during his tenure to be refunded.

05 Mar 2026
Google

Google settles with Epic, cuts Play Store commission to 20%

Google has agreed to a settlement with Epic Games, the developer of Fortnite, over antitrust concerns.

04 Mar 2026
Tamil Nadu

MRF to invest ₹5,300cr in new tire manufacturing plant

Leading tire manufacturer MRF has announced plans to set up a greenfield manufacturing facility in Tamil Nadu.

04 Mar 2026
Personal Finance

Gold, silver ETFs down 7% today: Here we decode why

Gold and silver exchange-traded funds (ETFs) witnessed a major drop today. The decline came as investors booked profits after a recent rally in precious metals.

04 Mar 2026
Accenture

Ookla, Downdetector, and Speedtest sold to Accenture for $1.2B

Accenture has acquired the connectivity division of Ziff Davis for a whopping $1.2 billion in cash.

This fintech unicorn wants to raise ₹1,500cr via IPO

Fintech unicorn Moneyview Limited has filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).

04 Mar 2026
PhonePe

PhonePe eyes $10.5B valuation for its IPO in India

Walmart-backed Indian fintech giant PhonePe is gearing up for an initial public offering (IPO) at a valuation between $9 billion and $10.5 billion, according to Reuters.

04 Mar 2026
OpenAI

After Pentagon, OpenAI might sign a contract with NATO

OpenAI is considering a contract to deploy its artificial intelligence (AI) technology on the North Atlantic Treaty Organization's (NATO) "unclassified" networks, as per Reuters.

04 Mar 2026
Wipro

Wipro stocks hit 52-week low today: Here we decode why

Wipro's shares hit a 52-week low of ₹195.10 this morning, down 1.74% from the previous close.

04 Mar 2026
India

Services PMI falls to 58.1 in February: What's the reason?

India's services sector growth has slowed down in February, with the Purchasing Managers' Index (PMI) slipping to a two-month low of 58.1 from January's 58.5.

04 Mar 2026
Intel

Who is Frank Yeary, Intel board chair departing after 17-years

Frank Yeary, the long-serving board Chair of Intel, has announced his retirement.

04 Mar 2026
HDFC Bank

HDFC Bank to increase locker rentals: Check new rates

HDFC Bank is set to revise its safe deposit locker rental charges from April 1, 2026.

04 Mar 2026
Indian Rupee (INR)

Indian rupee hits all-time low of ₹92.17 against US dollar

The Indian rupee has hit a new low against the US dollar, breaching the ₹92 mark for the first time ever.

03 Mar 2026
Finance

PPF or FD: Which investment suits rural population?

In rural India, where financial literacy is low, saving schemes like Public Provident Fund (PPF) and Fixed Deposits (FDs) are popular.

03 Mar 2026
Finance

Real estate investment trusts (REITs): All about the investment option

Real Estate Investment Trusts (REITs) are becoming popular as an easy way to invest in real estate without having to buy property.

03 Mar 2026
United Arab Emirates

Iran conflict: JSW first Indian company to be directly affected

JSW Infrastructure Ltd, a leading Indian company, has been directly impacted by the ongoing US-Israel-Iran conflict.

03 Mar 2026
Disney+

HBO Max and Paramount+ are merging to rival Netflix

In a major move that could reshape the global streaming landscape, HBO Max and Paramount+ are set to merge.

03 Mar 2026
Finance

5 overlooked but useful loans you need to know about

India's financial landscape is dotted with a plethora of loan options, some of which are not as well-known but can be quite useful.

03 Mar 2026
Saudi Arabia

India's Saudi oil imports hit record high: What's the reason?

India's crude oil imports from Saudi Arabia reached a record high of 1.05 million barrels per day (bpd) in February, according to data from analytics firm Kpler.

03 Mar 2026
Japan

Japan is interested in rare earth deposits in Rajasthan

Japan is in talks with India to jointly explore rare earth deposits in Rajasthan, according to Reuters.

03 Mar 2026
Tata Sons

Tata Sons to invest ₹11,000cr in Jamshedpur

Tata Sons Chairman N Chandrasekaran has announced a massive investment of ₹11,000 crore in advanced technology for Jamshedpur.

03 Mar 2026
Boat

Meet Offbeat Studios, Boat founder Aman Gupta's new venture 

Aman Gupta, the co-founder of consumer electronics brand Boat, has announced his new venture, Offbeat Studios.