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Gold just smashed a new record—here's why it matters
Gold prices hit a historic high of over $5,200 an ounce due to geopolitical tensions and policy uncertainty, reflecting persistent global trade concerns.
Amazon's layoff email mix-up leaves employees anxious
Amazon mistakenly alerted its cloud-computing employees about impending layoffs through a premature internal email, causing confusion and uncertainty.
SoftBank wants a bigger slice of OpenAI with $30B investment
SoftBank Group Corp is reportedly discussing a potential additional investment of up to $30 billion in artificial intelligence firm OpenAI.
PFRDA launches 'NPS Swasthya Pension Scheme' to help with medical costs
The Pension Fund Regulatory and Development Authority (PFRDA) has launched the 'NPS Swasthya Pension Scheme', a voluntary program to cover subscribers' medical costs.
Over 80% of top execs upbeat about India's growth, survey finds
Over 80% of senior corporate leaders in India express confidence in the country's economic growth over the next year, according to a recent Moneycontrol-Deloitte survey.
Blackstone is betting big on Chennai's tech future
Blackstone Group is set to invest over Rs 10,000 crore in a hyperscale digital infrastructure hub in Tamil Nadu, expanding its data centre footprint in India.
Pinterest to lay off 15% of workforce amid AI push
Pinterest has announced plans to lay off less around 15% of its global workforce as part of a major restructuring effort.
Indian jewelers hit pause as gold price rockets, buyers flee
Gold and silver prices have hit a new all-time high in India, owing to rising geopolitical tensions and expectations of a rate cut by the US Federal Reserve.
Why Amazon is closing its Go and Fresh physical stores
Amazon has announced plans to close all of its physical Amazon Go and Amazon Fresh stores.
Amazon paying customers $309M to settle return policy lawsuit
Amazon has agreed to a settlement valued at more than $1 billion, which includes both monetary and non-monetary components, to resolve allegations of improper refunds for returned items.
Anthropic now wants to raise $20B at $350B valuation
Anthropic, the company behind popular AI models Claude and Claude Code, has doubled its venture capital (VC) funding target from $10 billion to a whopping $20 billion.
Over 100 Indian AI founders move to US chasing bigger opportunities
Over 100 founders of Indian AI startups are relocating to the US, attracted by better access to funding, talent, and a more advanced AI ecosystem.
RBI and Europe patch things up for smoother trading
The Reserve Bank of India (RBI) and the European Securities and Markets Authority (ESMA) have inked a memorandum of understanding, ending a two-year clearing house standoff.
Citigroup faces sexual harassment claims, pushes for arbitration
Citigroup has vehemently denied allegations of sexual harassment against wealth management chief, Andy Sieg, made by a former managing director.
US dollar hits 4-year low, Trump says 'value is great'
The US dollar has hit a four-year low, but President Donald Trump insists the currency's value is "great."
Flipkart gears up for IPO with fresh leadership moves
Flipkart Group has announced the hiring of Jason Chappel and Amer Hussain as Vice Presidents, bolstering its leadership team ahead of its upcoming IPO.
Anthropic doubles fundraising target to $20B as investors rush in
Anthropic, the AI company behind Claude and Claude Code, has reportedly increased its latest funding round target to $20 billion amid surging investor interest.
Ajit Pawar's tragic death puts Learjet aircraft, operator under scanner
Maharashtra Deputy Chief Minister Ajit Pawar died in a plane crash earlier today in Pune district.
Oil prices spike after US storm cuts production
Oil prices surged by 3% due to a severe winter storm that disrupted crude production and exports in the U.S. Gulf Coast.
Delhi government signs MoU for collateral-free loans to MSMEs
The Delhi government has partnered with CGTMSE to offer collateral-free loans up to ₹10 crore to micro and small enterprises.
Dabur picks Hershey's Herjit Bhalla as new India CEO
Herjit S Bhalla, currently Vice President at The Hershey Company, is expected to be appointed as the India CEO of packaged goods manufacturer Dabur India.
UPS to cut 30,000 jobs as it reduces Amazon deliveries
The world's largest package delivery company, United Parcel Service (UPS), has announced its plan to reduce its workforce by up to 30,000 employees this year.
India blocks China's WTO move over EV, auto incentives
India has rejected China's request at the World Trade Organization to establish a dispute panel regarding New Delhi's incentive schemes for auto and electric vehicles.
Pharma sector wants bigger R&D tax breaks in Budget 2026
India's pharmaceutical and healthcare industry is urging for increased support for research and development (R&D) in the forthcoming Union budget, as per an ET-PwC survey.
RBI's new rules put promoter holding firms under stricter watch
The Reserve Bank of India's reclassification of holding and strategic investment firms as Core Investment Companies has left many corporate entities in a regulatory bind.
India-EU FTA: Your favorite European treats are about to get way cheaper
The impending India-European Union free trade agreement (FTA) is set to make Swiss, Belgian, and German chocolates and Italian pasta brands significantly cheaper in India.
India and EU strike major trade deal
The anticipated free trade agreement (FTA) between India and the European Union is set to enhance market access, digital trade, and skilled worker mobility.
UPS is cutting 30,000 jobs as it halves Amazon deliveries
UPS intends to eliminate up to 30,000 operational jobs this year as part of its ongoing restructuring efforts and reduction of Amazon-related shipments.
India taps into EU's $750B electronics market with trade deal
India's electronics sector is poised for a major expansion, thanks to a new trade deal with the European Union (EU).
Infosys and Cursor launch AI center to boost software engineering
Infosys has announced a strategic collaboration with AI development platform Cursor to enhance its software engineering capabilities and support AI adoption at scale.
Pinterest cuts 15% of jobs to double down on AI
Pinterest's announcement of a workforce reduction of less than 15% led to a nearly 10% plunge in its shares, as investors reacted negatively to the news.
Air India receives first bespoke Boeing 787-9 with new-generation cabins
Air India has taken delivery of its first custom-built Boeing 787-9 Dreamliner, a major milestone in the airline's fleet transformation program.
Amazon is closing all Fresh and Go stores in the US by Feb. 1, 2026
Amazon announced plans to shut down all Amazon Go and Fresh stores, shifting focus towards grocery delivery services and Whole Foods Market expansion.
Vodafone Idea shares jump as Q3 loss narrows, ARPU improves
Vodafone Idea has reported a narrower net loss of ₹5,286 crore for the December quarter.
India and EU finally seal free trade deal after years of negotiations
India and the European Union have struck a significant trade deal, promising to boost Indian exports, though some regulatory barriers persist.
Moody's calls India-EU trade deal a win for both sides
Moody’s Ratings predicts the recent India-EU Free Trade Agreement will bolster India's economic growth by reducing tariffs and enhancing export competitiveness.
Vodafone Idea trims losses, sees small wins in Q3
Vodafone Idea, India's third-largest telecom operator, reported a reduced Q3 loss, despite facing operational pressures including high spectrum debt and subscriber churn.
Asian Paints Q3 profit dips, but sales and volumes hold strong
Asian Paints reported a 5.2% drop in third quarter net profit to ₹1,045.6 crore, despite a 3.85% increase in operational revenue, due to exceptional expenses.
EU firms eye big India expansion after free trade agreement
European firms are planning significant expansion and investment in India, spurred by a new trade agreement, according to a survey by the Federation of European Business in India.
India and EU just sealed a major free trade agreement
The recently concluded India-EU Free Trade Agreement is set to boost exports and create growth opportunities across various Indian states.
Infosys tightens hybrid work policy: 10 office days mandatory
Infosys has reportedly revised its work-from-home policy, adding new conditions for employees to claim extra remote working days.
Adani and Embraer to build India's 1st regional jet assembly line
Brazilian aerospace company Embraer and India's Adani Group have announced a collaboration to establish India's first fixed-wing commercial aircraft final assembly line.
Swiggy now lets you order food, groceries via ChatGPT
Swiggy has unveiled a game-changing feature that will revolutionize the way Indians order food and groceries.
Adani and Embraer to make regional aircraft in India
Adani Group and Brazilian aerospace giant Embraer have announced a strategic partnership to establish a regional aircraft manufacturing facility in India.
2026 Budget: Indian jewelry industry seeks duty cuts, GST relief
The Indian bullion and jewelry sectors have urged the central government to introduce key policy reforms in the upcoming Budget.
Why India-EU trade deal is risky for Japan, UK, US
India's free trade agreement with the European Union (EU) is likely to up the ante for major exporters like Japan, the UK and US.
EU to provide €500M to help India cut greenhouse emissions
The European Union (EU) has announced plans to provide €500 million ($540 million) in financial support to India over the next two years.
Why agriculture, autos and steel stayed off India-EU trade deal
India and the European Union (EU) have signed their largest-ever trade agreement, a deal that will drastically reduce tariffs and open up markets on both sides.
Auto stocks slide as India-EU deal makes European cars cheaper
Shares of major Indian automobile manufacturers such as Mahindra & Mahindra (M&M), Maruti Suzuki India, and Tata Motors have taken a hit.
India-EU trade deal: KPR Mill, Welspun Living stocks surge
The India-Europe Union (EU) trade deal has sparked a rally in export-focused stocks, particularly in the textiles, pharmaceuticals, and chemicals sectors.
India-EU trade deal will become effective after these steps
India and the European Union (EU) have concluded negotiations on a historic trade agreement after nearly two decades of discussions.
India-EU trade deal: How will it impact various stocks, sectors?
After nearly two decades of negotiations, India and the European Union (EU) have reached a major trade agreement.
Starlink's direct-to-device internet service faces regulatory hurdles in India
Starlink, the satellite internet company owned by Elon Musk, has hit a major roadblock in its plans to offer Direct-to-Device (D2D) services in India.
Silver hits record high of ₹3.5L/kg: What's driving surge?
Silver prices have hit a record high of ₹3,54,780 per kg today, jumping by 6%. The spike is being attributed to a weaker US dollar and rising geopolitical tensions.
India-EU trade deal promises unlimited mobility for Indian students
India and the European Union (EU) have signed a mobility agreement, aimed at facilitating the movement of Indian students, workers, and professionals across EU countries.
India, EU sign trade deal: What's getting cheaper for you
India and the European Union (EU) have signed a major free trade agreement (FTA) today.
What does India's tourism sector want from Union Budget 2026?
The travel, tourism, and hospitality industry in India is looking for structural reforms in the Union Budget 2026.
YouTubers sue Snap for using their videos to train AI
A group of YouTube creators has sued Snap for allegedly using their videos without permission to train its artificial intelligence (AI) models.
Sensex plunges 4% in January: Buy the dip or wait?
India's leading stock indices, the Sensex and Nifty, have seen a decline of over 4% this month.
Chinese firm buys majority stake in Puma for $1.8B
In a major development, Chinese sportswear giant Anta Sports Products has announced its plan to acquire a 29.06% stake in German rival Puma.
Meet Piyush Pandey, India's adman posthumously awarded the Padma Bhushan
Piyush Pandey, the mastermind behind some of India's most iconic ad campaigns, has been posthumously awarded the Padma Bhushan.
From start-up banker to Padma Bhushan: Uday Kotak's inspiring journey
In a significant celebration of India's financial architects, veteran banker Uday Kotak (66) was conferred the Padma Bhushan on the eve of Republic Day 2026.
Trump to raise tariffs on South Korean goods to 25%
US President Donald Trump has announced plans to increase tariffs on a range of South Korean goods, including automobiles, lumber, and pharmaceuticals.
Nationwide bank strike today: Check affected banks and services
Public sector banking services are likely to be disrupted today due to a nationwide strike called by bank employee unions.
Gold price to hit $27,000? Robert Kiyosaki makes bold prediction
Robert Kiyosaki, the author of Rich Dad Poor Dad, has reiterated his bullish stance on gold prices.
Bank of Baroda to raise $500M via bond sale
Bank of Baroda, India's second-largest public sector lender, is gearing up to raise around $500 million through a US dollar bond issue.
AI to add $607B to India's economy by 2035: PwC
A recent report by PwC has predicted that artificial intelligence (AI) will contribute around $607 billion to India's economy by 2035.
China clarifies Canada trade deal isn't aimed at US
China has clarified that its new trade agreement with Canada is not targeted at any other country.
Axis Bank's Q3 net profit rises 3% to ₹6,490cr
Axis Bank has reported a marginal 3% rise in its standalone net profit for the December quarter at ₹6,490 crore.
Who was TT Jagannathan, 'Kitchen Mogul' awarded Padma Shri posthumously?
TT Jagannathan, the late chairman emeritus of TTK Prestige Group and a pioneer in the kitchenware industry, has been posthumously awarded the Padma Shri.
IndiGo flights to Tbilisi, Almaty, Baku canceled till January 28
In light of the current situation, IndiGo has announced the cancellation of its flights to and from Tbilisi (Georgia), Almaty (Kazakhstan), Tashkent (Uzbekistan), and also Baku (Azerbaijan) till January 28.
Reliance skips Russian oil as PSUs ramp up imports
Reliance Industries, India's largest importer of Russian crude oil, has not bought any barrels from Russia in January.
Gold surges past $5,000 as geopolitical tensions fuel demand
Gold has hit a record high of over $5,000 per ounce for the first time ever.
Budget 2026: Adventure tourism might be promoted as revenue model
The upcoming Union Budget is likely to promote adventure tourism as a new revenue model for states, according to HT Mint.
Who blocked the trade deal between India and US?
US Senator Ted Cruz has claimed that Vice President JD Vance and White House Economic Adviser Peter Navarro were behind blocking a proposed trade deal between the United States and India.
Budget 2026: Tax-exemptions for using CSR funds in skilling likely
The Indian government is considering tax exemptions for companies investing their Corporate Social Responsibility (CSR) funds into vocational training.
Luxury housing market in India to cool down in FY27
The demand and prices for luxury homes in major Indian cities are likely to cool down in the next fiscal year, a survey by property consultant India Sotheby's International Realty (ISIR) has revealed.
Global economy to slow down in 2026, says WEF report
The World Economic Forum (WEF) has released its latest Chief Economists' Outlook, predicting a tough year for the global economy in 2026.
India-EU FTA to boost trade, not harm domestic industry: GTRI
The Global Trade Research Initiative (GTRI) has said that the India-EU free trade agreement (FTA), which will be announced on January 27, is likely to lower costs and expand trade.
Modi government just gave a breather to the beverage industry
The Indian government has extended the deadline for compulsory Bureau of Indian Standards (BIS) certification on aluminum cans.
What do postal employees seek from 8th Pay Commission?
The Federation of National Postal Organisations (FNPO) has proposed fitment factors ranging from 3.0 to 3.25, depending on the level of the employee, and an annual increment of 5% for the 8th Central Pay Commission.
Upcoming IPOs: 5 SME issues to subscribe this week
The primary market is set for a quiet period ahead of the Union Budget 2026, with no mainboard initial public offerings (IPOs) scheduled.
This precious metals refiner will start silver recycling by April
MMTC-PAMP, a leading precious metals refiner, will start silver recycling at its existing stores on a pilot basis within three months.
Why JioStar has moved Supreme Court against a CCI probe
Reliance Industries-owned JioStar has challenged the Competition Commission of India's (CCI) investigation into alleged abuse of dominance and discriminatory pricing in Kerala's television distribution market.
Pichai sells Alphabet shares for $10.6M: What's his stake now?
Sundar Pichai, the CEO of Alphabet, has sold 30,521 shares in a series of transactions last week.
Market cap of India's top 9 companies plunges ₹2.5L crore
The combined market capitalization of nine out of the 10 most valuable companies in India plummeted by a staggering ₹2.51 lakh crore last week.
Not party to legal proceedings in US, says Adani Enterprises
Adani Enterprises has clarified that it is not involved in any of the legal proceedings mentioned in recent media reports.
Budget 2026: Vedanta seeks incentives for low-grade iron ore processing
Vedanta's iron ore mining division, Sesa Goa, has urged the Indian government to incentivize low-grade iron ore beneficiation in Union Budget 2026.
$95M Siri lawsuit: Apple begins sending payouts over unlawful recordings
Apple has begun distributing payouts from a $95 million class action lawsuit settlement over alleged unlawful and intentional recording of conversations with its voice assistant, Siri.
Tamil Nadu hikes pension for noon meal organizers, Anganwadi workers
Tamil Nadu Chief Minister MK Stalin has announced a major increase in the pension and retirement benefits for noon meal organizers, Anganwadi workers, and panchayat secretaries.
PM Modi urges Indian start-ups to focus on quality manufacturing
In his latest "Mann Ki Baat" address, Prime Minister Narendra Modi has called for a greater emphasis on quality in manufacturing.
GST cut pushes Indians toward bigger screen TVs
The recent reduction in Goods and Services Tax (GST) on large-screen televisions has led to a major shift in consumer preferences.
Adani Ports to invest ₹16,000cr in Vizhinjam port expansion
Adani Ports and Special Economic Zone Ltd (APSEZ) has announced a massive ₹16,000 crore investment for the second phase of development at the Vizhinjam International Seaport in Kerala.
Who will be the next US Federal Reserve chair?
The search for a new chairperson of the US Federal Reserve is nearing its conclusion, with President Donald Trump likely to announce his pick in the coming weeks.
India's maritime sector to attract ₹80L crore investment: Sonowal
India's maritime sector is set to witness a major boost with an expected investment of over ₹80 lakh crore in the coming years.
You should buy these defense stocks before Budget 2026
Ahead of the Union Budget on February 1, market experts are recommending investors to consider defense stocks.
WhatsApp chats not private? Meta sued over 'false' encryption claims
An international group of plaintiffs has filed a lawsuit against Meta Platforms, Inc., alleging that the tech giant has misled billions of WhatsApp users about the privacy and security of their messages.
3 bank holidays coming next week: Check dates
Next week, banks across India will observe at least three holidays. The first one is on January 26 (Monday), when the country will celebrate its Republic Day.
FPIs sell Indian equities worth ₹33,600cr so far in January
Foreign portfolio investors (FPIs) have been aggressively selling off Indian equities, with a massive outflow of ₹33,598 crore so far in January.
Trump admin secures 10% stake in US miner for $1.6B
The Trump administration is involved in a $1.6 billion debt-and-equity investment package in USA Rare Earth, a strategic move to secure a 10% stake in the company, according to Financial Times.
Why SEC has dropped lawsuit against Gemini cryptocurrency exchange
The US Securities and Exchange Commission (SEC) has terminated its lawsuit against Gemini, a cryptocurrency exchange founded by billionaire twins Cameron and Tyler Winklevoss.