Business News
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IDFC First Bank slashes savings account interest rates—here's what changes
IDFC First Bank has reduced interest rates on savings account deposits by up to 200 basis points across several balance slabs.
PayG gets RBI green light for offline and cross-border payments
PayG, a prominent Indian payment gateway, has secured approval from the Reserve Bank of India (RBI) to operate as an Offline and Cross-Border Payment Aggregator.
Amagi Media Labs IPO: Key dates, price, and what's happening
Amagi Media Labs is set to headline a busy week in India's primary market with six IPOs, including five SME listings, opening for subscription.
Bernstein downgrades India's 2026 equity outlook to 'Neutral'
Bernstein has revised its outlook on Indian equities to 'Neutral' for 2026, citing stretched valuations and a lack of fresh macroeconomic catalysts.
88% of Indian employees get work messages after hours, survey finds
A recent survey reveals that 85% of Indian employees are contacted for work-related matters during sick leave or holidays, blurring professional and personal boundaries.
Amazon building Walmart-like 'supercenter' in Chicago: What is it?
Amazon is expanding its physical store footprint with a new 'supercenter' in Illinois.
This financial app sent customers a $10,000 crypto scam text
Betterment, a popular financial app, was involved in an incident where an unauthorized message was sent.
Mutual fund investors poured ₹15,600cr into gold, silver in December
In December, mutual fund investors significantly increased their investments in gold and silver, while reducing their equity and fixed income bets.
US stocks hit all-time highs as labor data shakes up expectations
US stocks hit record levels on Friday, spurred by an improved unemployment rate. The S&P 500, Dow Jones Industrial Average, and Nasdaq all saw significant gains.
Apple speeds up CEO search as Tim Cook plans to step back
Apple has reportedly begun its search for a new CEO as Tim Cook, 65, expresses his desire to lessen his workload. John Ternus, the hardware chief, is a leading candidate.
UN says India's economy will jump 7.4% in 2025
India's economy is projected to grow by 7.4% in 2025, driven by tax reforms and monetary policy easing, according to a UN economist.
OpenAI and SoftBank are teaming up on massive AI data centers
OpenAI and SoftBank Group are investing $500 million each in SB Energy, a SoftBank-owned company, to expand the Stargate initiative's AI data centre and power infrastructure.
Sensex slips below 84,000: What's going on with the markets?
The Sensex fell for the fifth consecutive day, closing below 84k for the first time in nearly a month due to US tariff uncertainties and foreign fund selling.
Bitcoin struggles to break $92,000 resistance; what's next?
Bitcoin's value remains near $90,000 as investors await key policy decisions from Washington on tariffs and Federal Reserve leadership.
How Bill and Melinda Gates split $12.5 billion after their divorce
Bill Gates donated $7.88 billion to Melinda French Gates' charity, Pivotal Philanthropies Foundation, following their divorce and her departure from the Gates Foundation.
Uber, Lyft drivers protest Waymo's self-driving taxis in California
Uber and Lyft drivers in San Francisco rallied against self-driving Waymo taxis, demanding stricter state regulations following incidents of traffic disruption and pet fatalities.
X takes on big music publishers in antitrust lawsuit
Elon Musk's X Corp has filed a lawsuit against 18 major music publishers and a U.S. trade association, alleging a conspiracy to block competition and inflate licensing rates.
Netflix stock drops again as merger rumors swirl
Netflix shares are experiencing a significant drop due to investor concerns over a potential Warner Bros. deal and future growth prospects.
Looming 500% US tariff could endanger Indian apparel exports
Indian apparel exporters are grappling with potential 500% US tariffs, threatening the industry already strained by previous 50% tariffs.
Google co-founders move assets as California eyes billionaire tax
Sergey Brin, Google co-founder, is reducing his California connections ahead of a proposed billionaire tax, mirroring similar actions by Larry Page.
EU finally seals massive trade deal with South America's Mercosur
The European Union has finally approved its long-awaited trade agreement with the South American Mercosur bloc after over two decades of negotiations.
AST SpaceMobile stock pops after Bank of America upgrade
AST SpaceMobile shares rose by 8% following a raised price target from Bank of America, despite concerns about high valuation and strong competition.
Reliance Industries loses $15B in m-cap amid retail, oil concerns
Reliance Industries Ltd. has witnessed a dismal start to 2026, with its shares plummeting over 6%.
Budget presentation on February 1: Will markets open on Sunday?
The Cabinet Committee on Parliamentary Affairs (CCPA) has proposed key dates for the upcoming Budget Session of Parliament.
UpGrad calls off Unacademy deal, clouding Gaurav Munjal's start-up plans
The failure of months-long acquisition talks between Unacademy and upGrad has left the future of a new start-up by Unacademy co-founders Gaurav Munjal and Roman Saini in limbo.
India to lift ban on Chinese firms bidding for contracts
India is all set to lift a five-year-old set of restrictions on Chinese companies bidding for government contracts. The move is part of New Delhi's efforts to revive commercial ties.
General Motors reports $7B loss after scaling back EV plans
General Motors (GM) has announced a major financial setback, estimating a one-time earnings hit of $7.1 billion in its upcoming quarterly results.
₹1.32L crore outflow in December: What happened to debt funds?
Debt-oriented mutual fund schemes witnessed a massive net outflow of ₹1.32 lakh crore in December, as per data from the Association of Mutual Funds in India (AMFI).
Myntra launches zero-commission model to support Indian D2C brands
Myntra, India's leading fashion e-commerce platform, has launched a zero-commission model under its Myntra Rising Stars (MRS) program.
How US Supreme Court's tariff ruling could affect Indian markets
The US Supreme Court is set to deliver a landmark ruling on the tariffs imposed by President Donald Trump.
SoftBank sells 2.15% stake in Ola Electric amid market challenges
SoftBank has sold a 2.15% stake in Ola Electric Mobility Ltd through a series of open-market transactions.
SBI opens first Global Capability Center in Bengaluru
State Bank of India (SBI) has inaugurated its first-ever Global Capability Center (GCC) in Bengaluru.
New fees, fewer perks? ICICI shakes up credit card rules
ICICI Bank has announced changes to its credit card policies, effective from January 15, 2026.
Akasa Air joins international airlines' association, boosting India's aviation presence
Akasa Air, India's youngest airline founded in 2020, has joined the International Air Transport Association (IATA).
India's monthly SIP inflows hit record-high at ₹31,000cr in December
The Association of Mutual Funds in India (AMFI) has reported a new record in monthly systematic investment plan (SIP) inflows for December 2025.
Lenovo to manufacture AI servers in India for global markets
Lenovo, a leading global technology company, is planning to make India a major export hub for its infrastructure business.
Vi gets AGR relief but ₹1.17T spectrum debt mountain looms
The Indian government has handed Vodafone Idea (Vi) a critical financial breather by freezing its massive ₹87,695 crore Adjusted Gross Revenue (AGR) dues as of December 31, 2025.
Apple CEO Tim Cook signals possible retirement in 2026
Apple's CEO Tim Cook has reportedly told senior leaders at the company that he plans to step down from his role.
Indian economy projected to grow 6.6% despite global challenges
A United Nations report has projected that India's economy will grow by 6.6% in 2026, a downward revision from the earlier estimate of 7.4% for 2025.
Sensex crashes 2,000 points in 5 days: What's worrying investors?
India's leading stock market indices, the Sensex and Nifty 50, have been on a losing streak for five consecutive sessions.
Can you still exchange ₹2,000 notes?
The Reserve Bank of India (RBI) has phased out the ₹2,000 note from circulation. However, the currency is still legal tender.
Indian gold ETFs see record $1.25B inflows in December
India's gold exchange-traded funds (ETFs) have witnessed their highest-ever monthly inflows, according to data from the World Gold Council.
Bharat Coking Coal IPO fully subscribed within an hour
Bharat Coking Coal's (BCCL) initial public offering (IPO) has been fully subscribed within an hour of opening on Friday.
Here's how much Apple CEO Tim Cook earned in 2025
Apple has revealed the compensation details of its top executives for 2025.
Musk's lawsuit against OpenAI can proceed to trial: US judge
A US judge has ruled that Elon Musk's lawsuit against OpenAI will go to trial.
Vodafone Idea shares jump 8% after AGR payment relief plan
Vodafone Idea shares rose 8% to a high of ₹12.4 after the telco announced a detailed timeline for repaying its dues, including adjusted gross revenue (AGR) liabilities.
Why telecom issues persist ahead of Noida International Airport launch
The Noida International Airport (NIA) in Jewar is set to open this month but the telecom network connectivity for passengers is still unclear.
LG Electronics stock down 18% since listing: Hold or sell?
LG Electronics India's shares fell by over 4% on January 8, following the end of a three-month shareholder lock-in period.
Zoho's Sridhar Vembu to deposit $1.7B bond in divorce case
Sridhar Vembu, the tech billionaire and co-founder of software products company Zoho Corporation, has been ordered by a California court to post a bond of $1.7 billion in his ongoing divorce proceedings.
ED raids Satat Sampada's co-founders over foreign funds
The Enforcement Directorate (ED) has raided the residences of Harjeet Singh and Jyoti Awasthi, the co-founders of Noida-based non-profit organization, Satat Sampada.
Brace yourself! Smartphones could get more expensive
The global memory chip market is on a steep rise, and the reason is artificial intelligence (AI).
Indian company criticized for banning LinkedIn, 'Open to Work' badges
A viral Reddit post has revealed that an Indian manufacturing company has restricted its employees' activities on LinkedIn.
Air India adds first Boeing 787-9 Dreamliner in years
Air India, the Tata Group-owned airline, has added a new Boeing 787-9 Dreamliner to its fleet.
EPFO lets trans members update name, gender with identity certificates
The Employees's Provident Fund Organisation (EPFO) has taken a major step toward inclusivity by accepting transgender identity certificates issued through the National Portal for Transgender Persons.
Tamil Nadu launches India's first deep tech start-up policy
In a major push to its start-up ecosystem, the Tamil Nadu government has launched India's first deep-tech policy.
JPMorgan strikes deal to run Apple's credit card business
JPMorgan Chase has announced a deal to take over Apple's credit card business from Goldman Sachs.
NVIDIA CEO says he's 'perfectly fine' with California's billionaire tax
NVIDIA CEO Jensen Huang has said he would be "perfectly fine" with a potential $7.75 billion tax bill.
Sensex tanks 700 points: What's behind today's market crash?
The Indian stock market witnessed a major downturn today, with the BSE Sensex plummeting over 730 points in the ongoing trading session.
Metal stocks tumble up to 5% after record rally
Shares of metal companies such as Hindustan Zinc, Hindustan Copper, NALCO, and Vedanta are witnessing a sell-off today.
Anthropic plans to raise $10B at $350B valuation
Anthropic, the company behind Claude, is gearing up for another fundraising round.
Ubisoft shuts down Halifax studio weeks after employees unionize
Ubisoft is shutting down its Halifax studio in Canada, just 16 days after the employees there voted to unionize.
World's most notorious scammer arrested, extradited to China
Chinese businessman Chen Zhi, who was indicted by the US for fraud and money laundering, has been arrested in Cambodia and extradited to China.
Budget 2026: How India plans to simplify customs duty structure
The Indian government is mulling over a major overhaul of its customs duty structure in the upcoming 2026 Union Budget.
AI boom triples Samsung's profit to an all‑time high
Samsung Electronics has posted a record high quarterly profit, more than tripling due to the global demand for AI servers that sharply increased memory chip prices.
Discord could go public as early as March
Discord, the popular chat and community platform, is reportedly gearing up for an initial public offering (IPO) in March.
Google parent overtakes Apple as world's second most valuable firm
Google's parent company, Alphabet, has surpassed Apple to become the second most valuable company in the world by market capitalization.
Billionaire Anil Agarwal's son, 49, dies of sudden cardiac arrest
Billionaire Anil Agarwal, the chairman of Vedanta Group, has announced the tragic demise of his son, Agnivesh.
Adani, Embraer partner to build regional jets in India
In a major boost to India's aviation sector, the Adani Group has partnered with Brazilian aerospace giant Embraer.
OpenAI sets aside $50B stock pool to reward employees
OpenAI has set aside a significant employee stock grant pool, according to The Information.