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Which Schengen countries rejected most visa applications from India (2025)
In 2025, over 181,000 Schengen visa applications from India were rejected, according to data released by the European Commission. This translates to a non-issuance rate of 15.8%.
One firm hit by $500 million Claude AI bill
Companies like Microsoft and Uber face mounting challenges as soaring Claude AI costs prompt scrutiny over whether the investments deliver measurable business value.
Bitcoin cools from May peak as Ethereum slips under $2,000
Bitcoin slipped to $73,000 despite ETF inflows and declining exchange reserves, while long-term holder accumulation and market fundamentals continue to support a positive outlook.
Zara India posts 1st sales drop since COVID-19, profits fall
Zara's India revenue declined 1% to Rs2,749 crore in FY26, marking its weakest performance since the pandemic amid intensifying competition in the country's apparel market.
Foreign investors pull ₹20,637cr from Indian equities in MSCI selloff
Foreign portfolio investors (FPIs) recorded a sharp single-day selloff of Rs 20,637 crore, driven by MSCI index rebalancing and amplified by high-frequency trading.
Foreign investors pull out ₹33,000cr from Indian equities in May
Foreign Portfolio Investors (FPIs) continued their selling spree in Indian equities throughout May 2026, with net outflows of ₹32,963 crore.
Infosys CEO's annual pay rises 2.5% to $8.7M
Infosys CEO Salil Parekh's annual compensation has increased by 2.5% to ₹826 million ($8.69 million) for the fiscal year 2026, as per the company's annual report.
CBI files first chargesheet against Reliance Communications, 15 others
The Central Bureau of Investigation (CBI) has filed its first chargesheet against Reliance Communications Limited and 15 other accused.
IndiGo to raise ticket prices as jet fuel costs soar
IndiGo has announced that it will pass the recent increase in jet fuel prices on to its customers.
Finance Ministry: Rupee REER hits decade low, boosting India exports
India's rupee depreciation has lowered the Real Effective Exchange Rate (REER) to its lowest in over a decade, enhancing export competitiveness, the Finance Ministry stated.
Sridhar Vembu agrees with Larry Ellison that AI is commoditizing
Zoho founder Sridhar Vembu shared Oracle co-founder Larry Ellison's insights, highlighting that AI is rapidly commoditizing as most models rely on similar public internet data.
India trusts AI for fair hiring, Gen Z most confident
India's workforce is rapidly adopting AI for hiring and work, with confidence levels surpassing global averages, but experts stress the need for human oversight to mitigate biases.
Foxconn to pay record $0.22 per share dividend for 2025
Foxconn shareholders approved a record-high cash dividend of $0.22 per share for 2025, reflecting a 52.9% payout ratio based on its earnings per share of $0.42.
Circulate Capital to invest $150 million in India's recycling sector
Circulate Capital has allocated $150 million from its second $300 million fund to invest in India's recycling sector, focusing on SMEs with proven track records and profitability.
BEML Limited posts record FY26 revenue and highest production value
BEML achieved its highest-ever annual revenue of ₹4,351 crore in FY 2025-26, driven by strategic investments, indigenous innovation, and robust order inflows.
India hosts BRICS SME meeting to widen MSME digital access
India, under its 2026 BRICS Chairship, hosted the second SME Working Group Meeting, emphasizing technology access and innovation to strengthen MSMEs across BRICS economies.
India mandates Indian-made solar cells for projects effective June 1
India's mandate for domestic solar cell usage aims to boost local manufacturing but raises concerns over supply shortages, cost pressures, and market consolidation risks.
Yum Brands explores sale of Pizza Hut to LongRange Capital
Yum Brands is reportedly negotiating exclusively with LongRange Capital to sell its struggling Pizza Hut chain, amid declining sales and challenges in the fast-food industry.
SpaceX lands $6.5B in defense contracts as IPO nears
SpaceX has been awarded two major contracts by the US Space Force.
Lumen Technologies LinkedIn post names Richard Evans for finance role
A LinkedIn job listing by Lumen Technologies went viral after mistakenly revealing an internal candidate, Richard Evans, was pre-selected for the advertised role.
Mark Cuban criticizes OpenAI infrastructure spending on 'Big Technology' podcast
Mark Cuban criticizes OpenAI's massive fundraising, warning its economic model may falter as AI infrastructure spending outpaces potential returns.
Government backed Sagarmala Finance to launch India's 1st blue bonds
Sagarmala Finance Corporation plans to issue India's first blue bonds this fiscal, aiming to raise ₹1,000 crore to fund maritime projects and address asset-liability mismatches.
OpenAI and Anthropic declare India central at Mumbai Tech Week
Anthropic and OpenAI executives highlighted India's pivotal role in their growth, focusing on accessibility, adoption, and innovation during Mumbai's annual Tech Week event.
Andrew Bailey says US delaying Mythos trial for UK banks
British banks remain unable to access Anthropic's Mythos AI model for cybersecurity checks, six weeks after concerns were raised, says Andrew Bailey.
Sensex falls 1,097 points as dry monsoon fears hit markets
Sensex plunged 1,097 points to 74,776 as investor sentiment soured over India's driest monsoon forecast in a decade and fears of rising food inflation.
Delhi HC orders Google to pay 30L over Hindware trademark
Indian entrepreneurs reignited criticism of Google’s ad practices after a Delhi High Court ruling found the company liable for trademark infringement in a case involving Hindware.
Rupee closes at 95.00 per US dollar after RBI action
The rupee closed at 95.00 to the dollar on Friday, bolstered by central bank intervention, a reported Iran-US peace deal, and easing global crude oil prices.
IndiGo raises domestic and international fares after ₹2,537cr loss
IndiGo announced increased airfares for domestic and international flights due to soaring jet fuel prices, following a Rs 2,537 crore Q4 FY26 loss.
Federal judge orders Trump family answer $1.8B IRS settlement questions
A federal judge has ordered Donald Trump and his family to address fraud allegations tied to a $1.8 billion IRS settlement, potentially reopening the dismissed lawsuit.
India gold demand plunges 70% after duty rises to 15%
Gold demand in India plummeted 70% following a sharp import duty hike to 15%, compounded by rising fuel and food prices, and subdued consumer sentiment.
Delhi High Court permanently bars Google from using trademarked keywords
A Delhi High Court ruling restricting Google's auction of trademarked keywords may significantly impact digital advertising strategies and industry practices in India.
Pune sees 1 Finance open 3rd center, Scapia raises $63 million
1 Finance has inaugurated its third Financial Planning Centre in Pune, offering private consultation rooms and safe deposit lockers for a client-focused experience.
India allows firms to invest 10% of CSR in SSE
India now permits companies to allocate up to 10% of their CSR funds toward zero-coupon, zero-principal instruments issued by non-profits via a regulated Social Stock Exchange.
Reliance Retail posts ₹13,476cr FY26 profit after parent debt swap
Reliance Retail's profit surged in FY26, primarily due to converting ₹40,000 crore in interest-bearing loans into zero-coupon OFCDs, significantly reducing finance costs.
NCDEX launches Rainmumbai India's 1st exchange traded rainfall futures
India launched its first rainfall derivatives contract, Rainmumbai, enabling businesses and investors to hedge financial risks tied to monsoon deviations using a CDR-based model.
Mahanagar Gas hikes Mumbai CNG to ₹86 and PNG ₹52
Mahanagar Gas Ltd raised CNG prices by ₹2 per kg, marking the second hike in 15 days, prompting auto and taxi unions to demand fare revisions citing rising operational costs.
SpaceX secures $6.45 billion US Space Force contracts before IPO
SpaceX has been awarded $6.45 billion in U.S. Space Force contracts, bolstering its satellite and communications projects ahead of what’s expected to be the largest IPO ever.
OpenAI nears IPO after talks to add Citigroup and JPMorgan
OpenAI is in talks with Citigroup and JPMorgan to potentially join its underwriter lineup, as it prepares for a confidential IPO filing expected within weeks.
NMDC posts ₹2,020 cr March profit on 55% income rise
State-owned NMDC reported a 35% rise in Q4 standalone net profit to ₹2,020.13 crore, driven by a 55% increase in total income to ₹11,600.93 crore.
SpaceX wins $4.16B US Space Force Golden Dome satellite contract
SpaceX has secured a $4.16 billion contract under the US Space Force’s Golden Dome initiative to build satellites for tracking foreign aircraft and missile threats from orbit.
India's foreign exchange reserves fell $30.8bn April to December 2025
The RBI annual report revealed a $30.8 billion drop in forex reserves during April-December 2025, driven by a balance of payments deficit and volatile capital flows.
India to add over $2 trillion in wealth by 2030
India is expected to add more than $2 trillion in financial wealth by 2030, a Boston Consulting Group (BCG) Global Wealth Report 2026 has said.
Ola Electric's stock rises 93% since March: What's driving it?
Ola Electric's stock has witnessed a massive surge, rising by 93% since March.
CNN sues Perplexity AI over copyright infringement
CNN has sued artificial intelligence firm Perplexity for allegedly stealing and distributing its content without permission.
Why Airtel's 5G priority postpaid plan is under TRAI scanner
The Telecom Regulatory Authority of India (TRAI) has questioned Bharti Airtel's 5G Priority Postpaid service, a move that has raised net neutrality concerns.
IMD to set up weather station at Noida International Airport
The India Meteorological Department (IMD) will set up a dedicated weather monitoring station at the upcoming Noida International Airport in Jewar.
Why Sensex crashed 1,100 points today
India's benchmark stock market indices, the Sensex and Nifty, witnessed a major crash on Thursday.
Gig workers to get pensions, insurance, and healthcare
The Indian government is set to introduce social security benefits for gig and platform workers.
Vedanta shares hit record high after credit rating upgrade
Vedanta's share price has surged to a new all-time high, following an upgrade in its credit rating by ICRA, a Moody's affiliate.
This start-up offers free apartment cleaning for users' data
A New York-based start-up, Shift, is offering free apartment cleaning services in exchange for data collected inside people's homes.
Why Coffee Day shares surged 20% today
Shares of Coffee Day Enterprises, the parent company of Cafe Coffee Day (CCD), hit the 20% upper circuit limit today to reach ₹34.78 on Nifty.
Google ordered to pay ₹30L as Hindware wins trademark case
In a landmark ruling, the Delhi High Court has ruled that Google infringed Hindware's trademark rights by allowing rival companies to bid on its registered trademark "HINDWARE" through its Google Ads platform.
What are varnished banknotes and why is RBI introducing them?
The Reserve Bank of India (RBI) is planning to introduce varnished banknotes with enhanced security and durability features as cash circulation in the economy continues to remain strong.
From June 1, these financial changes may affect you
A series of regulatory changes across taxation, banking, and clean energy sectors are set to come into effect in June.
Oil may hit $160 as inventories near record lows
Exxon Mobil, a leading US energy company, has warned of a potential spike in global oil prices.
Who is Hemant Taneja, Delhi-born billionaire betting big on Anthropic?
Indian-origin investor Hemant Taneja has made a record investment in Anthropic, a leading player in the artificial intelligence (AI) space. The move comes as Anthropic recently surpassed OpenAI in valuation.
India, Canada launch trade, investment forum to boost economic ties
India and Canada have launched a new trade and investment forum to strengthen their economic partnership.
Piyush Goyal meets US industry leaders, discusses bilateral trade ties
Union Minister of Commerce and Industry, Piyush Goyal, met over 50 leading business and industry leaders in New York City.
Oil prices dip as US-Iran ceasefire talks progress
Oil prices have fallen slightly after the US and Iran tentatively agreed to extend a truce by 60 days.
Musk's SpaceX lowers IPO valuation
SpaceX, Elon Musk's rocket and artificial intelligence company, has revised its initial public offering (IPO) valuation target to at least $1.8 trillion.
How fly led to Japan banning Indian mangoes after 20yrs
Japan has suspended fresh mango imports from India for the 2026 season over pest treatment concerns at an Indian facility.
Why LIC shares are down 50% today
Life Insurance Corporation of India (LIC) witnessed a massive drop in its share price, falling by nearly 50% in early trade on Friday.
Anthropic nears $1 trillion valuation ahead of IPO
Artificial intelligence (AI) company Anthropic has raised a whopping $65 billion in its latest funding round.
Samsung's breakthrough AI memory chips send shares soaring
Samsung Electronics has announced the global shipment of samples of its latest high-bandwidth memory (HBM) chip, a move that has sent the company's stock soaring by as much as 6.5%.
Samsung pay war escalates as union drags company to court
A minority labor union at Samsung Electronics is all set to contest a recent pay deal in court.
SpaceX, OpenAI IPOs could spark US investment wave in India
The upcoming mega-IPOs of SpaceX, OpenAI, and Anthropic are likely to spark a wave of retail investment from India into US equities.
Why Japan has suspended Indian mango imports
Japan has suspended the import of Indian mangoes for the 2026 season, following an inspection in March.
How much PF savings can you withdraw using UPI
The Employees' Provident Fund Organisation (EPFO) is gearing up to make it easier for subscribers to access their provident fund savings.
Ace investor Vijay Kedia wants LTCG tax on equities scrapped
Veteran investor Vijay Kedia has urged Finance Minister Nirmala Sitharaman to abolish the long-term capital gains (LTCG) tax on listed equities.
Vedanta plans $20B capex as demerged firms prepare for listing
Anil Agarwal, the chairman of Vedanta Group, has announced that all four demerged entities of the company will be listed independently within a month.
OpenAI Foundation commits $250M to tackle AI-driven job disruption
The OpenAI Foundation has announced a major investment of $250 million to help workers and economies deal with the disruption caused by artificial intelligence (AI).
Trump sues WSJ for $10B over Epstein report
US President Donald Trump has refiled a defamation lawsuit against the Wall Street Journal (WSJ) for at least $10 billion.
Microsoft inks $9.7B software deal with US military
The US Department of Defense (DoD) has signed a five-year, $9.69 billion contract with tech giant Microsoft.
Boeing is ramping up 737 Max production again
Boeing has received the green light from the Federal Aviation Administration (FAA) to ramp up its production of 737 Max jets.
Australia sues 3M over 'forever chemicals' contamination in firefighting foam
The Australian government has filed a lawsuit against multinational conglomerate 3M, seeking damages of over $2 billion.
Bitcoin hits 5-week low
Bitcoin, the world's largest cryptocurrency, has hit its lowest level since April 20.
Gift Nifty crashes 2%, signaling bloodbath at Dalal Street tomorrow
The Indian stock market is likely to open significantly lower on Friday, with the Gift Nifty 50 index futures plummeting by 1.7% to 23,580.
NVIDIA CEO to join advisory board of China's top university
NVIDIA CEO Jensen Huang has accepted an invitation to join the advisory board of Tsinghua University's School of Economics and Management (SEM).
Ather Energy enters insurance business with new subsidiary
Ather Energy, a leading electric two-wheeler manufacturer, has announced its foray into the insurance sector. The company has formed a wholly-owned subsidiary called Ather Insurance Limited.
Gold hits 2-month low as US-Iran tensions escalate
Gold prices have hit a two-month low on Thursday, due to fresh US attacks on Iran.
Meta to lay off 1,400 employees in Washington
Meta, the parent company of Facebook, is all set to lay off nearly 1,400 employees across Washington state.
Oil prices rebound as US-Iran tensions escalate
Oil prices have rebounded sharply after a more than 5% drop on Wednesday.
Hong Kong is now world's biggest cross-border wealth hub
Hong Kong has surpassed Switzerland to become the world's largest cross-border wealth hub, according to a Boston Consulting Group (BCG) report.
Air India Express offering up to 50% off on fares
Air India Express has launched a major sale, dubbed 'Xpress Sale,' offering up to 50% off on Lite and Value fares.
Indian competition watchdog's ₹202cr fine on Amazon quashed by SC
The Supreme Court has overturned the Competition Commission of India's ₹202 crore fine on Amazon.
SC upholds retrospective 28% GST on online gaming in India
The Supreme Court has upheld the Indian government's decision to impose a retrospective Goods and Services Tax (GST) of 28% on online gaming companies.
How Byju Raveendran lost a $22B empire
Byju Raveendran, the founder of India's largest edtech company BYJU'S, has been sentenced to six months in prison by a Singapore court.
Jio launches OTT pass with 15 services for ₹200
Reliance Jio has launched a new prepaid add-on plan, the OTT Pass, for ₹200.
HDFC Bank denies offering differential interest rates on deposits
HDFC Bank has refuted allegations of misconduct in its internal audit and governance processes.
Zee Entertainment shares surge after FIFA World Cup broadcast bid
Shares of Zee Entertainment Enterprises surged nearly 12% to ₹92.41 today.