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California Teamsters sue state over rushed self-driving truck rules
The Teamsters union is suing California lawmakers, alleging rushed autonomous vehicle regulations threaten over 200,000 trucking jobs and lack proper economic impact analysis.
Gaja Capital doubles down on India's deep tech and AI
Gaja Capital is intensifying its focus on deeptech and AI investments, signaling growing maturity in India's innovation-driven economy and self-reliance initiatives.
Vertical Aerospace is raising $100 million to advance 6-seat Valo aircraft
Vertical Aerospace, a New York-listed electric aviation pioneer, is set to secure $100m in funding, including $35m from existing backers Mudrick Capital and Yorkville Advisors.
ED files money laundering charge sheets in 2 RAAG cases
The Enforcement Directorate has filed chargesheets in two money-laundering cases involving Reliance Anil Ambani Group companies and former executives under the PMLA.
ED accuses Reliance Infrastructure and Sateesh Seth of laundering ₹187cr
The Enforcement Directorate (ED) has filed a prosecution complaint against Reliance Infrastructure and others over alleged Rs 187-crore fund diversion from NHAI projects.
Britannia, Dabur, HUL plan September price hikes amid rising costs
Leading FMCG brands like Britannia, Dabur, and HUL plan calibrated price hikes in the September quarter due to rising input costs and persistent inflationary pressures.
SK Hynix worker jailed 18 months for leaking CMOS secrets
A former SK Hynix employee received an 18-month jail sentence for leaking classified semiconductor technology to a Chinese firm, as confirmed by the Seoul High Court.
66% AI workers in India expect layoffs in few months
A recent survey by Blind, an anonymous community app for professionals, has revealed that 66% of employees in artificial intelligence (AI) and machine learning (ML) roles expect layoffs or significant headcount reductions within the next three to six months.
AI push is putting banks at risk, says Moody's
Moody's, a credit rating agency, has warned that the financial industry's rush to adopt artificial intelligence (AI) is making major banks overly reliant on a handful of Silicon Valley companies.
India Energy Week 2027 moves from Goa to Kolkata
India Energy Week (IEW) 2027 will take place from January 28 to January 31 at the Biswa Bangla Convention Centre in New Town, Kolkata.
India can save $5B thanks to GOBARdhan scheme
The Indian Biogas Association (IBA) has projected that the GOBARdhan Scheme will help reduce India's gas import bill by $5 billion.
Lenovo ISG grows 165% in India and expands AI infrastructure
Lenovo's ISG business in India grew 165% YoY in FY26, as the company shifts focus from PCs to becoming a full-stack AI infrastructure provider with significant local investments.
Market cap of India's top 4 firms up ₹1.43L crore
The combined market capitalization of four of India's top 10 most valued companies rose by a whopping ₹1.43 lakh crore last week.
IN-SPACe invites private firms to run ISRO's ₹986cr SLC
IN-SPACe is seeking private partners to manage ISRO's Rs 986-crore Small Satellite Launch Complex in Tamil Nadu, advancing India's commercial space sector.
Moody's warns banks' AI adoption concentrates risk in few providers
Moody’s warns that banks’ rapid AI adoption creates systemic risks, including overdependence on a few tech firms and potential vulnerabilities like outages and price hikes.
Snap co-founder erases $550M medical debt for Californians
Snap co-founder Evan Spiegel and his wife, supermodel Miranda Kerr, have donated millions to wipe out $550 million in medical debt for over 261,000 Californians.
SBI's AI-driven lending generates ₹22,000cr business in Q1
The State Bank of India (SBI) has reported a major boost from artificial intelligence (AI) in its lending business.
India July tractor sales jump 28% to 117,349 units
India's tractor market saw a 28% year-on-year growth in July 2026, driven by improved monsoon conditions, robust kharif sowing, and strong rural demand, according to FADA data.
India's GOBARdhan plan could cut $5B in gas imports
The Indian Biogas Association (IBA) estimates the Rs 23,731-crore GOBARdhan initiative could reduce India's gas import bill by $5 billion through bioenergy production.
PhonePe, Razorpay back UPI charges on bigger merchants
Leading Indian fintechs, PhonePe and Razorpay, have supported the industry's push for merchant charges on larger businesses.
Ownly and Magicpin expand in India's food delivery market
Ownly and magicpin are gaining traction in India's food delivery market, driven by increased restaurant partnerships and growing order volumes across major cities.
Indian stocks draw $3.6bn, gain 6% as investors seek balance
Global investors are flocking to AI-linked markets, but India's improving fund flows and relative stability position it as a compelling portfolio diversifier.
S&P Global warns El Nino could raise Asia food prices
Asia-Pacific households, including India, face heightened vulnerability to price shocks as El Nino disrupts rainfall, agriculture, and water-intensive industries, S&P reported.
HUDCO seeks over ₹2L cr loan book by March 2027
HUDCO CMD Sanjay Kulshrestha announced that the company's loan book is projected to surpass Rs 2 lakh crore in FY27, driven by robust demand and strategic funding initiatives.
Delhivery's Q1 net profit falls 65% YoY to ₹32cr
Leading logistics company Delhivery has reported a 65% year-on-year drop in its net profit for the first quarter of FY27.
China's producer price inflation hits 3-month low: What's the reason?
China's producer price index (PPI) has witnessed a significant slowdown, rising only 3.5% year-on-year in July.
Milk in Maharashtra will become costlier from August 11
From August 11, the cost of cow and buffalo milk in Maharashtra will go up by ₹2 per liter.
Four Indian giants add ₹1.43L/cr as SBI tops ₹10L/cr
The combined market valuation of four top-10 firms rose ₹1.43 lakh crore last week, with State Bank of India leading the gains, adding ₹63,922.03 crore.
OpenAI acquires presentation start-up NextSlide to enhance ChatGPT
OpenAI has acquired presentation start-up NextSlide, a move that will bolster the capabilities of ChatGPT.
India's data center boom could boost housing demand by 2030
India's burgeoning data center ecosystem is poised to significantly impact the country's residential real estate sector, a new report from proptech company Square Yards has revealed.
Cochin International Airport posts 502 cr net profit in 2025-26
Cochin International Airport Limited (CIAL) achieved a record net profit of ₹502 crore in 2025-26, with total revenue rising 6.6% year-on-year to ₹1,220 crore.
Indian markets end week higher with Nifty 24,570.65, Sensex 78,499.17
Broader indices outperformed benchmarks this week, with Nifty Smallcap 100 surging nearly 3%, driven by stock-specific buying and robust earnings momentum.
China's July producer price inflation slows to 3.5% 3-month low
China's producer price inflation eased to a three-month low in July at 3.5%, while consumer inflation also cooled amid retreating global energy prices.
India data center boom will create 4.33L jobs by 2030
India's expanding data centre ecosystem is set to drive housing demand for 195 million sqft and create over 4.33 lakh jobs by 2030, transforming urban growth corridors nationwide.
Government proposes small fee on merchant UPI payments over ₹2,000
The government clarified that the merchant discount rate (MDR) for UPI transactions above Rs 2,000 will be minimal and limited to specific merchants.
Delhi government's new drone policy might create over 1,000 jobs
The Delhi government is ready to approve a new drone policy that aims to create over 1,000 jobs in the capital.
PhonePe says UPI payments will remain free for you
PhonePe co-founder and CEO Sameer Nigam has clarified that Unified Payments Interface (UPI) payments will continue to be free for consumers.
Why India's premium and luxury homes going unsold?
According to a report by Knight Frank India, unsold residential inventory across eight major Indian markets has increased by 4% year-on-year.
FPIs invest ₹12,290cr in first week of August
Foreign Portfolio Investors (FPIs) have made a major investment in the Indian market during the first week of August.
5 mainboard IPOs to hit India's primary market next week
Five mainboard initial public offerings (IPOs) are set to debut on the Indian primary market next week.
LIC explores investments in fintech, health insurance sectors
Life Insurance Corporation of India (LIC) is considering investments in health insurance and financial technology (fintech) sectors.
Trump Media terminates crypto deal with Crypto.com
Trump Media & Technology Group Corp. has terminated its partnership with cryptocurrency exchange Crypto.com.
UK issued over 500,000 visas to Indians in last year
The UK has issued more than 500,000 visas to Indian nationals in the year ending March 2026.
US unemployment rate drops amid job cuts
The US economy witnessed an unexpected job loss in July, with nonfarm payrolls declining by 23,000 jobs, contrary to economists' expectations of growth.
Parliamentary panel urges DRDO to finalize measurable performance targets
A parliamentary panel has urged the Defense Research and Development Organization (DRDO) to "expeditiously" finalize and notify clear, measurable Key Performance Indicators (KPIs).
Natural gas prices facing downward trend: Is recovery possible?
Natural gas prices have been on a downward trend in recent months, despite heightened geopolitical tensions in the Middle East.
Solar, wind projects within 1km of Indian borders banned
The Ministry of Home Affairs (MHA) has issued new guidelines.
Akasa Air, AI Express say fleets unaffected by FAA directive
Akasa Air and Air India Express have confirmed that their fleets of Boeing 737 aircraft are not affected by a recent directive from the US Federal Aviation Administration (FAA).
Paper Boat maker reports 96% decline in profit
Hector Beverages, the maker of beverage brand Paper Boat, has reported a massive decline in profitability for the fiscal year ending March 2026.
Blackstone-backed AGS Health seeks ₹4,800cr via IPO
Blackstone Group-owned AGS Health has filed an updated draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI).
NVIDIA to invest $3B in power infrastructure developer Lancium
NVIDIA will invest up to $3 billion in Lancium, a power infrastructure developer and the company behind the Stargate data centre campus in Texas.
Apple dominates premium smartphone market with 65% global share
Apple has captured a whopping 65% of the global premium smartphone market in the first half of 2026, according to Counterpoint Research's Handset Model Sales Tracker.
Why Indian electronics, automobile makers are turning to air freight
Indian electronics and automobile manufacturers are increasingly turning to air freight for transporting raw materials and components.
Air India hikes salaries of pilots by up to 15%
Air India has announced a significant salary hike for its pilots, with an increase ranging from 8% to 15%.
Why Accenture wants its staff to delay vacations
Accenture has announced a temporary policy change, allowing employees to carry over their unused vacation days into the next fiscal year.
Airbnb is shipping new features faster thanks to AI
Airbnb co-founder and CEO Brian Chesky has revealed that artificial intelligence (AI) is playing a major role in accelerating the company's product development.
Trump spent nearly $4B to cancel offshore wind lease
The Trump administration is paying German utility company RWE a whopping $1.2 billion to cancel an offshore wind lease.
US now supplies 67% of India's LPG imports: Hardeep Puri
The United States has emerged as India's biggest supplier of liquefied petroleum gas (LPG).
SK Hynix to invest $38B in AI memory chip expansion
SK Hynix, a leading South Korean semiconductor manufacturer, has announced a massive investment of 54 trillion Korean won ($38.1 billion) to set up two new memory chip production facilities.
Titan Q1 profit jumps 65% to ₹1,699cr
Titan Company has posted a robust growth in its first-quarter earnings for the fiscal year.
Global food prices hit 44-month high
The United Nations' Food and Agriculture Organization (FAO) has reported a significant rise in global food prices in July.
Anthropic is looking to hire an Insider Risk Investigator
Anthropic is looking to hire an Insider Risk Investigator as AI companies ramp up efforts to safeguard sensitive data, employees, and infrastructure.
SBI Q1 net profit rises 10% to ₹21,121cr
The State Bank of India (SBI) has reported a net profit of ₹21,121.22 crore for the June quarter (Q1FY27), marking a year-on-year increase of 10.23%.
Lok Sabha passes MSME Bill: What it means for businesses
The Lok Sabha has passed the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026.
FAA orders inspection of hundreds of Boeing 737 Max jets
The US Federal Aviation Administration (FAA) has ordered airlines operating 471 Boeing 737 MAX jets to inspect a specific component for possible cracks.
Relief for Dabur! HC stays FSSAI order against '100%' labels
The Delhi High Court has stayed an order by the Food Safety and Standards Authority of India (FSSAI) that banned Dabur India from selling several food products.
Airtel, Vi get relief in ₹3,300cr spectrum charge case
The Supreme Court of India has refused to stay a Bombay High Court order quashing the government's demand for one-time spectrum charges from telecom companies.
Sensex drops over 500 points: What's behind today's decline?
India's benchmark equity indices, Sensex and Nifty, fell on Friday. The fall was mainly due to losses in financial stocks and rising crude oil prices.
Airtel boosts data center expansion with new acquisitions
Bharti Airtel's data center arm, Nxtra Data, has announced plans to acquire up to an 85% stake each in Rochak Systems and Rovision Tech Hub, newly incorporated entities in India that propose to develop land for the construction of data centers and are yet to commence commercial operations.
India's only bullion exchange faces leadership shake-up
Ashok Kumar Gautam, the first CEO of India International Bullion Exchange IFSC Ltd. (IIBX), has resigned from his position.
Akasa Air launches loyalty program 'Akasa Elevate'
Akasa Air has launched its first-ever loyalty program, 'Akasa Elevate,' to attract frequent flyers.
Indian solar exports face 15% US tariff under Trump order
The United States has announced a 15% tariff on solar cells and modules imported from India and other countries.
No, banks can't lock your phone over loan defaults: RBI
The Reserve Bank of India (RBI) has issued a new directive, barring banks from disabling mobile phones and laptops of defaulting borrowers.
TikTok to lay off 250 employees, shut Nashville office
TikTok has announced the layoff of 250 employees and the closure of its Nashville office.
MDR on UPI applies to merchants, not customers: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has clarified that the Merchant Discount Rate (MDR) on digital transactions applies to merchants, not customers.