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Tata AI Conclave at India AI Impact Summit 2026
The Tata AI Conclave, part of the India AI Impact Summit 2026, discussed the development of India's artificial intelligence infrastructure and its potential for global impact.
AI shift painful for IT industry: HCLTech CEO
HCLTech CEO, C Vijayakumar, predicts a difficult but necessary transition to AI for the IT industry, which will result in increased relevance and strength.
India is updating its GDP calculation method for the 1st time
India is set to introduce a significant revision to its real gross domestic product (GDP) computation, aiming for improved data accuracy and economic trend analysis.
IDFC First Bank returns ₹583cr to Haryana government
IDFC First Bank has transferred Rs 583 crore to the Haryana government following a fraud discovery at its Chandigarh branch, even as investigations continue.
Gold ETFs outshine equities in India for 1st time ever
Indian gold ETFs saw record inflows of ₹240 billion in January, as investors increasingly shift from equities to gold amidst high prices.
Indian rupee slips to 90.95 per US dollar
The Indian rupee declined by 6 paise, settling at 90.95 against the US dollar, influenced by a fall in domestic equity markets and rising crude oil prices.
Startup founder claims AI tool killed her business
San Francisco startup founder, Ira Bodnar, claims that rapid automation by Anthropic’s AI assistant, Claude, has rendered her business obsolete.
Cisco aims to have 70% of products fully AI-written
Cisco's President, Jeetu Patel, predicts AI will create 70% of the company's products by 2027, necessitating employee upskilling for relevance.
Livspace cuts 1,000 jobs as it pivots to AI
Lalit Mittal, Chief Business Officer of home decor startup Livspace, has left the company following layoffs and the exit of cofounder Saurabh Jain.
'Doomsday' report rattles global markets, predicts economic collapse
The global economy has had a rollercoaster ride this year, and a new 'doomsday' report is only adding to the turmoil.
Silverline's stock jumps 5% as AI Studio drops
Silverline Technologies' share price jumped nearly 5% after unveiling new features on its Silver AI platform, despite a market crash, delivering 150% YTD returns.
Oil prices soar on US-Iran nuclear talks
Oil prices have surged to a seven-month high due to escalating tensions between the US and Iran ahead of their upcoming nuclear talks.
India's tech sector revenue to touch $315 billion in FY26
India's technology industry workforce grew by 2.3% in FY26, as artificial intelligence (AI) reshapes traditional employment patterns, according to Nasscom.
KEC International secures ₹1,000cr+ contracts in India, abroad
KEC International Ltd. has announced the acquisition of new orders worth ₹1,002 crore across various sectors. The company's year-to-date order intake now stands at 21,300 crore.
Canara Bank to raise ₹5,000cr via Tier II bonds
Canara Bank intends to raise up to ₹5,000 crore through Basel III-compliant Tier 2 bonds to bolster its capital base and support business expansion.
SpaceX and xAI merger boosts valuation to $1.25 trillion
Elon Musk's SpaceX is planning a record-breaking initial public offering (IPO), potentially overshadowing other companies' listing plans in 2026.
Paytm launches silver savings, allows investments starting at ₹20
Paytm has launched a new feature called 'Paytm Silver,' allowing users to invest in silver through its app. The company hopes this will make asset-based savings more accessible.
HCL-Foxconn semiconductor plant kicks off in Greater Noida
India Chip, a HCL Group and Foxconn joint venture, has initiated the construction of its factory in Noida, aiming to process 20,000 wafers monthly by 2028.
'Open to Work' shows how to ace career changes
HarperCollins Publishers India is set to publish 'Open to Work: How to Get Ahead in the Age of AI' by LinkedIn executives Ryan Roslansky and Aneesh Raman in March 2026.
Findability Sciences is helping Maharashtra draft its agri-AI policy
Findability Sciences has been selected by the Government of Maharashtra for funding and strategic support under its Maha Agri-AI Policy 2025–2029.
India's tech sector on track to hit $315 billion in revenue
India's technology industry is projected to expand by 6.1% to $315 billion in fiscal 2026, according to industry body Nasscom.
Paytm lets you invest in silver starting ₹20
One 97 Communications Ltd has unveiled Paytm Silver, a new feature allowing users to save in silver through the Paytm app, starting from ₹20.
Don't use AI to prep board meetings, says OpenAI chairman
OpenAI's chairman, Bret Taylor, discourages board members from using AI tools for meeting preparation, advocating instead for concise written documents.
Claude AI is helping take solutions transform healthcare
Take Solutions Limited's shares rose by 5% after integrating advanced AI capabilities from Anthropic, aiming to enhance its healthcare platforms.
CSRBOX's 'AI for Better Bharat' pavilion at Global AI Summit
CSRBOX Group showcased the AI for Better Bharat® Pavilion at the Global India AI Impact Summit 2026. The pavilion demonstrated how artificial intelligence can catalyse India's Purpose Economy.
NewsBytes recommends: Highlights from Bharat Fintech Summit 2026
The Bharat Fintech Summit 2026 concluded, highlighting the evolution of India's digital financial ecosystem, from Aadhaar to UPI.
India's e-commerce market to double by 2030
India's e-commerce market is expected to grow from USD 120-140 billion to USD 280-300 billion by 2030, according to a BCG report.
Sypha AI and BLS International are revolutionizing visa processing
Sypha AI is partnering with BLS International to develop advanced AI digital systems for global visa and citizen services, aiming to enhance processing and security.
AI could eliminate half of entry-level US jobs: Expert
Anthropic CEO Dario Amodei warns that AI could eliminate many entry-level jobs, while Box CEO Aaron Levie counters that it may actually increase demand for skilled engineers.
IDFC First Bank's ₹590cr fraud bigger than its quarterly profit
IDFC First Bank faces a Rs 590-crore fraud, originating from a government account discrepancy, leading to significant financial and trust-related challenges.
FedEx sues US government, seeks refund for illegal Trump tariffs
FedEx has sued the US government, seeking a "full refund" for tariffs imposed by President Donald Trump.
Chennai's OptoML raises $1.8 million to build energy-efficient AI chips
OptoML, a fabless semiconductor startup, has raised $1.8 million in a pre-Series A round led by Bluehill VC and A99 to scale up hiring and develop next-generation chips.
Apple to start Mac mini assembly in Houston
Apple is set to start building Mac Mini computers at a Foxconn facility in Houston, aiming to meet domestic demand and fulfill its $600 billion US investment pledge.
L&T to build India's 1st gravitational wave observatory
Larsen and Toubro (L&T) has won a substantial order from the Centre's department of atomic energy to establish the LIGO India Observatory in Maharashtra.
Eris, Natco to launch diabetes drug semaglutide in India
Eris Lifesciences has partnered with Natco Pharma to commercialise semaglutide, a diabetes drug, in India. The launch is set for March 2026 following regulatory approval.
IBM shares tank 13% as Anthropic's AI threatens legacy systems
International Business Machines (IBM) saw its shares tank by nearly 13.2% to $223.35 per share on Monday.
India slashes export tax rebates by 50%: Here's why
India's decision to halve export rebates under the RoDTEP scheme has effectively increased the cost of exporting, impacting exporters' competitiveness and margins.
AI video personal discussion tool speeds up loan process
VideoCX.io, a leading Indian Video KYC and Banking platform, has launched an AI-powered Video Personal Discussion (PD) module to enhance credit underwriting processes for lenders.
Singapore firms to invest ₹20,000 crore in UP
Uttar Pradesh Chief Minister Yogi Adityanath has signed memorandums of understanding (MoUs) worth Rs 20,000 crore with Singapore firms focusing on data centres, green energy and logistics parks.
US begins new tariffs on imported goods
New U.S. tariffs on imported goods take effect today, following a Supreme Court ruling against President Trump's global duties. The initial tariff rate is set at 10%.
Apple to start Mac mini production in Texas
Apple has announced plans to start manufacturing its Mac mini in the United States, marking a significant shift in its production strategy.
Gilt funds: What they are actually
Gilt funds are a popular investment option for those looking to invest in government securities.
Sensex slips over 500 points, investors lose ₹3 trillion
The Indian stock market opened on a bearish note today, with the Nifty 50 and Sensex witnessing a major slump.
SBI sees India's economy growing by 7.5% in FY26
India's economy likely expanded over 8% in Q3, according to a research report by SBI. The report also notes strong performance by public sector banks.
Gold, silver ETFs drop 3% as global prices cool
Gold and silver ETFs experienced a drop of up to 3% on Tuesday due to uncertainties surrounding US tariffs. Experts advise cautious allocation and gradual investment.
NMP 2.0 targets ₹16.72 lakh crore in asset monetization
India plans to generate 1.79 trillion rupees ($19.7 billion) by 2030 through initial public offerings (IPOs) of state-run companies, as part of a broader asset monetisation drive.
Oil prices rise as Trump threatens Iran with 'serious consequences'
Crude oil futures experienced a rise on Tuesday after US President Donald Trump issued a warning to Iran regarding its nuclear programme.
Paramount raises bid for Warner Bros Discovery to counter Netflix
Paramount Skydance has upped its offer for Warner Bros Discovery in a strategic move to thwart the latter's deal with Netflix.
Capgemini, OpenAI partner to accelerate AI adoption in enterprises
Capgemini has partnered with OpenAI to boost enterprise AI adoption. The collaboration aims to overcome challenges hindering large-scale AI deployments.
Anthropic's Claude Code security flags real vulnerabilities, cuts false alarms
After Anthropic's AI tool launch impacted CrowdStrike's market value, CEO George Kurtz revealed that the AI, Claude, stated it couldn't replicate CrowdStrike's platform.
IBM to invest in quantum computing, semiconductor design in India
IBM is planning to invest in quantum computing and cloud infrastructure across India, according to Union Minister of Electronics and Information Technology, Ashwini Vaishnaw.
Trump weighs new tariffs on batteries, chemicals, telecom gear
US President Donald Trump is considering a fresh round of national security tariffs on some six sectors.
Sensex tanks 688 points, Nifty falls to 17,500 mark
Indian benchmark indices nosedived on February 24, 2026, due to weak global cues and sustained selling pressure in heavyweight sectors.
Anthropic opens $6B employee share sale at $350B valuation
Anthropic has announced a secondary share sale for its current and former employees.
Investor wealth down by ₹2.94 lakh crore as markets crash
Indian stock markets witnessed a sharp decline on Tuesday, wiping out Rs 2.94 lakh crore in investor wealth as IT and auto stocks plummeted.
AI coding tools could threaten IT jobs in India
Citrini Research predicts increasing contract cancellations for TCS, Infosys, and Wipro as AI coding becomes more cost-effective than human developers.
MobiKwik gets BSE approval to start stock broking business
Fintech giant MobiKwik has announced that its wholly-owned subsidiary, MobiKwik Securities Broking Private Limited (MSBPL), has received approval from the Bombay Stock Exchange(BSE) to start a stock broking business.
Rupee opens at 90.92 per US dollar
The Indian rupee marginally weakened to 90.92 per US dollar on Tuesday, influenced by cautious investor sentiment and regional currency weakness.
Sensex slips 370 points, Nifty50 hovers near 25,600 mark
Nifty50 and BSE Sensex opened in red on Tuesday, influenced by fresh tariff threats from US President Donald Trump, causing significant drops in points.
IDFC First Bank uncovers ₹590cr fraud at Chandigarh branch
IDFC First Bank shares opened slightly higher today, following a 16% slump due to a Rs 590 crore fraud at its Chandigarh branch.
Tata Sons Chairman N Chandrasekaran gets 5-year extension
The board of Tata Sons is set to meet on February 24 to discuss extending Chairman N Chandrasekaran's tenure until 2032.
Foreign investments in India to bounce back soon: IIFL's Venkataraman
IIFL Capital's MD, R Venkataraman, predicts a return of foreign capital to India within 2-3 quarters. He also advises betting on AI consumers rather than AI builders.
Claude code rattles it giants, sends US-listed shares tumbling
Indian IT stocks, including Infosys and Wipro, face potential selling pressure as Anthropic's new tool threatens to modernise COBOL-based legacy systems.
January 2026: NSE's busiest month in over a year
Equity cash turnover in the National Stock Exchange (NSE) reached a 16-month high of Rs 23.9 lakh crore in January 2026, reflecting stronger trading activity.
CLSA turns cautious on IT stocks after 16% rebound
CLSA dismisses concerns over AI disruption in India's IT sector but reduces target prices due to persistent valuation de-rating, while highlighting preferred stocks.
MobiKwik gets BSE nod to start stock broking business
One MobiKwik Systems, a subsidiary of fintech company MobiKwik, has been approved by the Bombay Stock Exchange to begin its stock broking business.
Trump plans new tariffs on imports, risks hitting US economy
US President Donald Trump is reportedly considering imposing new national security tariffs on sectors including batteries, chemicals, and telecom equipment.
Credit card users in India may soon face these changes
The upcoming Income-tax Act, 2025 may introduce stricter reporting and taxation rules for credit card users and employers from April 1.
Gold prices drop 1.5% as US dollar strengthens
Gold prices fell from a three-week high on Tuesday due to the strengthening of the US dollar, despite ongoing US tariff uncertainties and Iran tensions.
Claude AI startup Anthropic kicks off $6B employee share sale
Anthropic is offering its current and former employees the opportunity to sell shares in a sale valued at $5 billion to $6 billion.
PNGS Reva Diamond Jewellery's ₹380cr IPO opens today: Details
PNGS Reva Diamond Jewellery's ₹380-crore initial share sale opens for subscription today, with brokerages giving mixed recommendations.
Asian markets lose momentum as Wall Street's tech sector falters
Asian stock markets stumbled early Tuesday, as a Wall Street selloff and rising geopolitical tensions dampened investor confidence.
Jamie Dimon isn't worried AI will take down banks
JPMorgan Chase CEO Jamie Dimon dismissed concerns about the impact of artificial intelligence on the bank, despite a recent stock hit.
Why Wall Street's latest dip could matter to you
Wall Street stocks plummeted due to fears of artificial intelligence disruption and the fallout from a recent Supreme Court ruling, triggering a broad selloff.
KreditBee seeks $120 million pre-IPO round
Bengaluru-based fintech startup, Kreditbee, is aiming to raise $120 million in a pre-IPO funding round, potentially reaching a unicorn valuation of $1.2 billion.
Swiggy's revenue soars 54% in Q3 FY26, but losses mount
Zomato and Swiggy, India's leading food delivery platforms, experienced a faster-than-anticipated growth in the October-December quarter, surpassing 20% order value increase.
₹14,601cr worth of offshore assets taxed in recent leaks
The Central Board of Direct Taxes (CBDT) has disclosed that Rs 14,601 crore worth offshore assets have been brought to tax following investigations by The Indian Express.
Paramount's Warner Bros. bid hits $32 per share
Paramount Skydance Corp. has reportedly increased its offer to acquire Warner Bros. Discovery Inc., intensifying the ongoing acquisition battle with Netflix Inc.
AI-induced recession fears rattle Wall Street
A thought experiment by Citrini Research, envisioning a future of mass AI-driven unemployment, has sparked significant turbulence in the stock market.
Amazon's $12B data center investment in Louisiana
Amazon plans to invest $12 billion in new data centers in Louisiana, despite growing concerns over the profitability of AI projects from Wall Street and the public.
Stellantis racks up €22.2 billion loss going all-electric
Stellantis, a major automaker, is bracing for its first annual loss due to scaled-back electrification efforts costing an estimated €22 billion.
Claude Code's launch hits IBM's stock: What's the connection
IBM's stock price plummeted over 10% after Anthropic unveiled an AI tool capable of swiftly modernizing outdated COBOL computer systems.
Uber launches platform to help companies build self-driving vehicles
Uber has unveiled Uber Autonomous Solutions, a new division aimed at operating autonomous vehicles, in a bid to remain indispensable and profitable.
Gilead to acquire Arcellx for $7.8B, betting on myeloma treatment
Gilead Sciences is set to acquire cancer therapy developer Arcellx for an equity value of $7.8 billion, expanding their cell therapy development collaboration.
Berkshire Hathaway's Jain buys ₹85 crore Gurugram apartment
Ajit Jain, vice-chairman of insurance operations at Berkshire Hathaway, has purchased a ₹85 crore luxury apartment in Gurugram's DLF The Camellias.
India, Israel on track to finalize free trade agreement
Israel and India are progressing towards a Free Trade Agreement (FTA) that could be finalized this year, according to Israeli Ambassador Reuven Azar.
Have an inoperative account? EPFO will refund your money
In a major development, the Ministry of Labour and Employment has approved a pilot project to automatically refund money from small-balance inoperative Employees' Provident Fund Organisation (EPFO) accounts.
HCL, Foxconn to train engineers for India's semiconductor sector
HCL Group and Foxconn are teaming up to develop a skilled workforce for India's semiconductor ambitions.
UP bags investments worth ₹6,650cr in Singapore
Uttar Pradesh Chief Minister Yogi Adityanath has signed three memoranda of understanding (MoUs) worth ₹6,650 crore during his visit to Singapore.
Urban Company-owned rapid-response service InstaHelp now has 50,000 daily users
Urban Company has announced that its rapid-response service, InstaHelp, has crossed 50,000 daily bookings in less than a year since its pilot launch in March 2025.
What are real estate investment trusts?
Real Estate Investment Trusts (REITs) have emerged as a popular investment option in India, giving investors a chance to invest in real estate without having to buy property.
Carlsberg plans $700M IPO of Indian unit
Danish brewer Carlsberg is gearing up for a major move in India.
Gaudium IVF IPO fully subscribed: Know what GMP signals
The initial public offering (IPO) of Gaudium IVF & Women's Health has been fully subscribed on its second day of bidding.
How US tariff changes will impact India? Nirmala Sitharaman explains
Finance Minister Nirmala Sitharaman has said it is "too soon" to comment on the impact of recent tariff changes in the United States on India's economy.
Corporate India might see salary hike of 9.1% in 2026
India Inc. expects an average salary hike of 9.1% in 2026, slightly down from the 9.3% increase projected for this year, according to the EY Future of Pay report.
EPFO might soon invest in rare earths, railways, defense
The Employees' Provident Fund Organisation (EPFO) is planning to diversify its investment portfolio by exploring new sectors such as rare earths, railways, and defense.
Not Mumbai, but Gurugram is now India's luxury housing destination
India's luxury housing market has a new champion: Gurugram.
Indian IT stocks decline as Jefferies warns AI risks persist
Indian IT stocks slid as much as 2.5% on Monday following a sector-wide downgrade by global investment firm Jefferies.
Amazon's new Bengaluru office is its 2nd-largest in Asia
Amazon has inaugurated its second-largest office in Asia, in Bengaluru.
Kerala to upgrade Vizhinjam port for ₹2,000cr, inks MoUs
The Kerala government has signed memoranda of understanding (MoUs) with three central public sector firms to develop a ₹2,000 crore logistics master plan at the Vizhinjam International Seaport.
Watching developments in IDFC Bank fraud case, says RBI governor
The Reserve Bank of India (RBI) is closely monitoring the recent ₹590 crore fraud case involving IDFC First Bank.
What is P2P power trading and how it helps you?
Peer-to-peer (P2P) power trading is a revolutionary concept that allows consumers, including households, businesses, and farmers with renewable energy sources, to sell their surplus electricity directly to other consumers.
Bombay HC lifts stay on proceedings against Anil Ambani, RCom
The Bombay High Court has lifted a stay on proceedings against industrialist Anil Ambani and Reliance Communications Ltd, to classify their bank accounts as fraud.
Can Bhavish Aggarwal's Krutrim survive without Ola group's funds?
Bhavish Aggarwal's artificial intelligence start-up, Krutrim, is largely supported by business from Ola group companies.
AU Small Finance Bank denies defrauding the Haryana government
AU Small Finance Bank has denied any wrongdoing in the alleged fraudulent opening of accounts.
SBI shares post best performance since 2024: What's the reason?
State Bank of India (SBI), India's largest lender, is witnessing a great performance.
Why Tata Communications and RailTel have joined hands in India
Tata Communications and RailTel Corporation of India have announced a strategic partnership to develop next-generation digital infrastructure for India and beyond.
Before taking a loan, read all about interest rates
Navigating through the world of loans can be tricky, especially when it comes to understanding interest rates.
CleanMax's ₹3,100cr IPO now open: Should you subscribe?
CleanMax Enviro Energy Solutions has launched its ₹3,100 crore initial public offering (IPO) today.
Gold, silver ETFs surge 17% on US-Iran tensions, tariff uncertainties
Gold and silver Exchange Traded Funds (ETFs) witnessed a major spike on Monday. The rise was mainly due to the escalating tensions between the United States and Iran.
IDFC First Bank shares crash 20% on ₹590cr fraud case
Shares of IDFC First Bank, a private lender based in Mumbai, witnessed their biggest single-day fall since March 2020.
Sensex gains over 600 points: What's behind today's rally?
The Indian stock market opened on a strong note today, with the Sensex gaining over 600 points to reach 83,445. The Nifty also followed suit, rising over 190 points to 25,762.
Trump says Netflix must fire Susan Rice or face 'consequences'
US President Donald Trump has threatened Netflix with "consequences" if the streaming giant does not fire board member Susan Rice.
Bitcoin falls below $65,000 as Trump's tariffs rattle global markets
Bitcoin, the world's largest cryptocurrency, has hit an eight-month low after falling below the $65,000 mark today.
Nine IPOs to open for subscription in India next week
The primary market is gearing up for a busy week, with nine new initial public offerings (IPOs) set to open for subscription.
IDFC First Bank reports ₹590cr fraud involving Haryana government accounts
IDFC First Bank has reported a major fraud worth ₹590 crore, involving its employees and other parties.
RBI builds data center safe from cross-border threats, seismic risk
The Reserve Bank of India (RBI) has established a highly-secured data center in Odisha, away from potential cross-border threats and high seismic-risk zones.
JPMorgan admits it shut Trump's accounts after January 6 attack
JPMorgan Chase has admitted to shutting down the bank accounts of US President Donald Trump and his businesses after the January 6, 2021 attacks on the US Capitol.
SC to hear Meta's appeal against privacy policy fine tomorrow
The Supreme Court is set to hear appeals from technology giants Meta and WhatsApp against a Competition Commission of India (CCI) order tomorrow.
Why India, US have rescheduled meeting on interim trade deal
India and the United States have decided to postpone their upcoming meeting of chief negotiators in Washington, DC.
India's Q3 GDP growth to touch 7.2%, says ICRA
ICRA, a leading rating agency, has projected India's year-on-year (YoY) GDP growth to moderate at 7.2% in the third quarter (Q3) of FY2025-26.
This Indian mine will become world's largest coal producer
Coal India's Gevra mine in Chhattisgarh is on course to become the world's largest coal producer by next year.
Market cap of India's top 6 firms up by ₹63,478cr
The combined market capitalization of six of the top 10 most valued companies in India rose by ₹63,478.46 crore last week.
Beer industry to invest ₹5,500cr in UP by 2029
The Brewers' Association of India (BAI) has announced that the beer industry will invest around ₹5,500 crore in Uttar Pradesh over the next three years.
Trump raises global tariffs to 15%: How it affects India?
US President Donald Trump has announced an increase in the global tariff rate from 10% to 15%.
Why IndiGo has replaced the head of its OCC
IndiGo, India's largest airline, has replaced Jason Herter as the head of its Operations Control Centre (OCC) with Captain Rohit Rikhiye.
India, Brazil sign MoU on critical minerals, rare earths
India and Brazil have signed a memorandum of understanding (MoU) on critical minerals and rare earths.
What goods are exempted from Trump's new 10% tariff?
US President Donald Trump has announced a temporary 10% global import duty, effective for 150 days.
PhonePe now lets you pay others using voice commands
PhonePe, a leading digital payments platform, has launched an innovative AI-powered natural language search feature.
Will Indian exporters to US get refunds on tariffs?
The US Chamber of Commerce has welcomed the Supreme Court's move to strike down President Donald Trump's sweeping tariffs.