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Business News

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10 May 2026
TL;DR

Tech giants offer investments to secure SK Hynix chip supply

Global tech giants are making unprecedented investment offers to SK Hynix, aiming to secure vital memory chips amid surging demand driven by the artificial intelligence boom.

10 May 2026
Hindustan Unilever Limited

FMCG products might become costlier in India soon

Fast-moving consumer goods (FMCG) companies are preparing for another round of price increases in India.

10 May 2026
Uttar Pradesh

Why flights from Noida may not be cheaper than Delhi

Passengers eyeing cheaper flights from the Noida International Airport (NIA) may have to pay fares similar to or even higher than those from Indira Gandhi International Airport (IGIA).

10 May 2026
Saudi Aramco

Saudi Aramco's Q1 net profit jumps 25% to $32.5B

Saudi Aramco, the world's largest oil exporter, has reported a whopping 25% increase in its first-quarter net profit.

10 May 2026
Indian Government

Modi government is working on FTA utilization plan

The Indian government is working on a strategy to maximize the benefits of free trade agreements (FTAs) signed with developed countries, including the UK, EU, US, UAE and Australia.

10 May 2026
Asian Development Bank

Oil prices might touch $96 per barrel in 2026: ADB

The ongoing Middle East crisis is likely to keep crude oil prices elevated for a longer period of time.

10 May 2026
TL;DR

Saudi Aramco profits up 26% to $33.6bn amid U.S.-Iran tensions

Saudi Aramco reported a 26% profit increase in Q1 2026, leveraging its east-west pipeline to bypass Gulf disruptions caused by the US-Iran conflict.

10 May 2026
TL;DR

Air India dismisses over 1,000 staff for misconduct, CEO warns

Air India CEO Campbell Wilson revealed over 1,000 employees were terminated in three years for ethical violations, including misuse of leisure travel benefits and smuggling.

10 May 2026
TL;DR

India keeps fuel prices steady despite 50% global oil surge

State-owned oil firms in India are incurring daily losses of ₹1,600-1,700 crore to shield consumers from surging global energy prices amid the ongoing Middle East conflict.

10 May 2026
TL;DR

Vodafone Idea shares surge 22% amid government relief, leadership changes

Vodafone Idea shares have soared 22% in a month, driven by regulatory relief, fundraising optimism, and leadership changes boosting investor confidence and operational outlook.

10 May 2026
TL;DR

India launches 'Kapas Kanti' ₹5,659cr cotton mission to boost output

India’s ₹5,659 crore Cotton Productivity Mission aims to boost yields, improve fibre quality, and reduce import dependence, revitalizing the cotton-textile sector.

10 May 2026
TL;DR

Piyush Goyal to visit Canada May 27-29 for CEPA talks

Indian Commerce Minister Piyush Goyal's May 27-29 visit to Canada aims to advance CEPA discussions, with high-level meetings and business events planned in Ottawa and Toronto.

10 May 2026
TL;DR

Sony and TSMC building next generation image sensors in Japan

Sony's joint venture with TSMC merges cutting-edge sensor design and manufacturing expertise, aiming to secure dominance in next-gen imaging and physical AI markets.

10 May 2026
TL;DR

India's private investment up 67% to ₹7.7L/cr in H1 FY26

Private sector capital expenditure soared to ₹7.7 lakh crore in the first half of FY26, marking a 67% increase, with manufacturing and services leading the growth, CII reported.

10 May 2026
State Bank of India (SBI)

Market cap of India's top 4 companies down ₹1L crore

The combined market capitalization of four out of the top 10 most valued companies in India has fallen by over ₹1 lakh crore.

10 May 2026
TL;DR

Four major firms lose 1L cr, SBI nears 45,000 cr

The combined market valuation of four top-10 firms fell by ₹1 lakh crore last week, with State Bank of India suffering the steepest decline of ₹44,722.34 crore.

10 May 2026
India

Why Fevicol maker Pidilite plans to raise prices again

Pidilite Industries, the maker of popular brands like Fevicol and M-Seal, is considering another price hike in India.

10 May 2026
Africa

Why India won't sign FTAs with African countries for now

India has decided to focus on strengthening commercial ties with customs unions in Africa, instead of signing free trade agreements (FTAs) for now.

10 May 2026
KFC

China: You can now charge your EV at KFC, McDonald's 

Leading fast-food chains KFC and McDonald's are stepping up their game in China by adding electric vehicle (EV) charging stations and upgrading digital services.

10 May 2026
TL;DR

ADB warns oil prices could cut India GDP growth 0.6%

Crude oil may average $96 per barrel in 2026 due to prolonged Middle East disruptions, shaving 0.6% off India's GDP growth and significantly raising inflation, says ADB.

10 May 2026
TL;DR

Foreign investors pull ₹14,231cr in May, 2026 outflows top ₹2Lcr

Foreign investors withdrew Rs 14,231 crore from Indian equities in May, driven by inflation concerns, geopolitical risks, and global interest rate uncertainties.

10 May 2026
TL;DR

Rajeev Thakkar and Sankaran Naren back Indian IT stocks

Rajeev Thakkar and Sankaran Naren see value in select Indian IT stocks, arguing the sector can adapt to AI disruptions and leverage productivity-driven demand growth.

10 May 2026
NVIDIA

NVIDIA commits $40B to equity AI deals in 2026

NVIDIA, the leading chipmaker, has invested over $40 billion in artificial intelligence (AI) companies this year.

10 May 2026
TL;DR

India's hospital industry to hit $364.6B by 2034, says report

India's hospital sector is set for transformative growth, driven by capacity expansion, rising insurance penetration, and AI adoption to enhance efficiency and care delivery.

10 May 2026
TL;DR

IndiaAI startups await funding as 159cr paused, IP unease persists

Formal agreements under the IndiaAI mission remain unsigned, delaying non-compute funding and raising IP concerns, as startups struggle with operational hurdles.

10 May 2026
TL;DR

Government requires platforms to register gig workforce on central portal

The labour ministry has directed aggregators to register gig workers on a central portal within 45 days, ensuring compliance with the Code on Social Security, 2020.

10 May 2026
TL;DR

IMF approves $1.32 billion package for Pakistan with climate funds

Pakistan has obtained $1.32 billion in fresh IMF funding, boosting total disbursements to $4.8 billion under ongoing programs aimed at economic stability and reforms.

09 May 2026
India

Why is the Indian stock market underperforming?

Motilal Oswal Financial Services has said in its latest strategy report that India's underperformance against major global markets is mainly due to the global artificial intelligence (AI) rally, and not a weakness in the domestic economy.

CBI raids 17 locations linked to Anil Ambani-led Reliance companies

The Central Bureau of Investigation (CBI) has raided 17 locations in Mumbai, linked to the Anil Ambani-led Reliance ADA Group.

09 May 2026
Zerodha

Why Nithin Kamath doesn't want you to invest in ULIPs

Zerodha co-founder Nithin Kamath has warned investors against the pitfalls of Unit Linked Insurance Plans (ULIPs) and endowment policies.

09 May 2026
India

India's mining sector can generate 25M jobs by 2047

India's mining sector could add $500 billion to the economy and generate up to 25 million jobs by 2047, a report has said.

09 May 2026
Vodafone Idea

Why Vodafone Idea has joined hands with PhysicsWallah in India

Vodafone Idea (Vi) has partnered with ed-tech company PhysicsWallah (PW) to offer integrated digital learning support for students in Rajasthan and UP East circle.

09 May 2026
Indian Government

4 new labor codes in India are now fully operational

The Indian government has fully implemented four new labor codes, aimed at ensuring a minimum wage and universal social security for all workers.

2 SME IPOs to open for subscription next week

India's primary market is gearing up for a busy week, with two small and medium-sized enterprises (SME) public issues.

09 May 2026
Foreign Investment

FII ownership in Indian equities hits 14-year-low: What's the reason?

Foreign institutional investor (FII) ownership in Indian equities has fallen to its lowest level since June 2012, according to a report by JM Financial's Fundamental Research.

09 May 2026
Ola Cabs

Ola Cabs' losses in FY25 surge to ₹662.4cr

Ola Cabs, one of India's leading ride-hailing services, has reported a massive increase in its consolidated losses for the financial year 2024-25.

09 May 2026
United States of America

Frontier flight aborts takeoff after engine fire at Denver airport

A Frontier Airlines flight was forced to abort its take-off from Denver International Airport late on Friday (local time) after suffering an engine fire and reportedly hitting a pedestrian on the runway.

09 May 2026
Bitcoin

Truth Social parent reports $400M loss amid crypto value decline

Donald Trump's social media platform, Truth Social, has been hit hard by a massive financial loss.

09 May 2026
India Post

India Post to let you send letters using digital IDs

India Post is gearing up to revolutionize its delivery system with a new digital address initiative.

09 May 2026
Google

Truecaller to cut 15% workforce after revenue and profit decline

Truecaller, the Sweden-based caller ID company, has announced plans to lay off 70 employees or about 15% of its workforce.

09 May 2026
Aditya Birla Group

Vodafone explores partial stake transfer in India unit

Vodafone Group Plc, the UK-based telecom giant, is mulling a plan to bolster the capital of its Indian subsidiary, according to Bloomberg.

09 May 2026
Air India

IndiGo, Air India plan 200+ aircraft leases through GIFT City

Major Indian airlines, including IndiGo, Air India, Akasa Air, and Star Air, have announced plans to lease over 200 additional aircraft through their respective leasing arms in Gujarat's GIFT City.

09 May 2026
Airbus

India might become an aerospace manufacturing hub, says Airbus

Airbus has expressed its belief that the proposed India-European Union (EU) trade deal could significantly boost aerospace manufacturing, supply chains, and technology investments in the country.

Why liquor-giant Pernod Ricard is facing antitrust probe in India

Competition Commission of India (CCI) has launched an investigation into French liquor giant Pernod Ricard.

09 May 2026
Blinkit

SEBI clears IPOs of Zepto, 5 other firms

The Securities and Exchange Board of India (SEBI) has approved the initial public offerings (IPOs) of six companies, including popular quick commerce player Zepto.

09 May 2026
Air India

Air India may suspend routes, defer salary hikes

Air India, one of the leading airlines in the country, is considering reducing flight frequencies or even suspending services on certain routes.

09 May 2026
India

Citi downgrades India to 'underweight' amid macro challenges

Citi has downgraded India's stock market rating to 'underweight,' citing persistent macroeconomic and geopolitical challenges.

09 May 2026
Bitcoin

BlackRock deepens crypto ambitions with 2 new stablecoin-linked funds

BlackRock is set to launch two new money-market funds.

09 May 2026
Donald Trump

US government nears $400M TikTok settlement over child privacy violations

The US government is close to finalizing a $400 million settlement with TikTok, according to ABC News.

09 May 2026
Google

Google's Isomorphic Labs plans to raise more than $2B

Isomorphic Labs, the artificial intelligence (AI) drug discovery start-up spun out of Alphabet Inc's Google DeepMind, is in advanced talks to raise over $2 billion in a new funding round.

09 May 2026
Uber

This Uber-backed bike rental company has filed for an IPO

Lime, the electric bike and scooter rental company backed by Uber Technologies, has filed for a US initial public offering (IPO).

09 May 2026
Oracle

Oracle just rebuffed negotiation of severance terms by ex-employees

Oracle recently laid off 20,000-30,000 employees via email on March 31. The abrupt termination left many workers shocked and confused.

08 May 2026
Mutual Funds

Bharat Bond ETFs: All about this innovative investment option

Bharat Bond ETFs are an innovative investment option introduced by the Indian government to provide retail investors with an opportunity to invest in bonds through exchange-traded funds.

08 May 2026
Finance

PPF v/s FD: How to open and operate

Public Provident Fund (PPF) and Fixed Deposits (FDs) are two popular investment options in India.

Zepto receives SEBI approval for $1B IPO

Zepto, the quick commerce start-up known for lightning-fast grocery deliveries, has received the green light from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO), according to The Economic Times.

08 May 2026
National Stock Exchange

Britannia to raise prices, cut packaging amid rising input costs

Britannia Industries, India's leading biscuit manufacturer, has announced plans for selective price hikes and grammage cuts this quarter.

08 May 2026
Aadhaar

PF withdrawals via ATMs, UPI likely from this month

The Employees' Provident Fund Organization (EPFO) is gearing up to introduce a new feature for its subscribers.

08 May 2026
Bengaluru

IndiGo becomes 1st airline to operate from Noida International Airport

IndiGo, India's leading domestic airline, has announced its decision to start operations from the newly inaugurated Noida International Airport in Jewar, Uttar Pradesh.

08 May 2026
Amazon

NVIDIA's market cap surpasses India's entire equity market

NVIDIA, a company once known for its gaming chips, has now surpassed the entire Indian equity market in terms of market capitalization.

08 May 2026
Swiggy

Swiggy's Q4 loss narrows to ₹800cr, revenue jumps 45%

Swiggy has reported a narrower net loss of ₹800 crore for the quarter ending March 31, 2026. The figure is an improvement from the ₹1,081 crore loss in the same period last year.