Business News
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Gujarat to host 3rd SemiConnect Conference on March 1-2
Gujarat is developing semiconductor projects worth Rs 1.24 lakh crore, announced Science and Technology Minister Arjun Modhwadia ahead of the upcoming SemiConnect Conference.
Blackstone's new data center push could raise $100 billion
Blackstone Inc. is creating a publicly traded company to acquire data centres, offering investors an opportunity to capitalise on the artificial intelligence boom.
Trump administration wants 90-day delay on tariff refund litigation
The Trump administration is seeking a four-month delay in legal proceedings related to tariff refunds for importers, following a Supreme Court ruling against his global duties.
ICAI CA Final January 2026 results tomorrow: Check timings, updates
The Institute of Chartered Accountants of India (ICAI) will declare the CA Final exam results from January 2026 on March 1, accessible at icai.org and icai.nic.in.
Sweden's QGroup launches Sliq Group to build AI tools
Swedish firm QGroup and Indian entrepreneur Deepak Kumar Choubey have teamed up to create Sliq Group, a venture focused on developing globally competitive digital products.
AI disruption could risk $150B in US leveraged loans: JPMorgan
JPMorgan Chase & Co. warns that the artificial intelligence boom could disrupt $40 billion to $150 billion of leveraged loans in US collateralized loan obligations (CLOs).
Sensex tanks over 700 points, Nifty settles below 17,800 mark
Indian equity benchmarks Sensex and Nifty experienced a significant drop in February, largely due to a steep fall in IT shares amid AI disruption concerns.
US stocks drop as AI, inflation worries rattle investors
The potential disruption of artificial intelligence (AI) is causing unease among US investors, as they anticipate its impact on various business sectors.
AI boosts productivity but also leads to job cuts: Report
Artificial Intelligence (AI) is more likely to transform jobs than eliminate them, necessitating reskilling and creating new roles, according to a report by Morgan Stanley.
OpenAI, Anthropic face ethical dilemmas in Pentagon AI talks
OpenAI, led by CEO Sam Altman, has signed a deal with the Pentagon for deploying its AI models, following a backlash against rival firm Anthropic by the Trump administration.
Trump's tariffs were ruled illegal. Now, companies want refunds
Following the US Supreme Court's ruling against President Trump's global tariffs, over 100 companies have filed lawsuits, pushing the total number of tariff lawsuits above 2,000.
Claude AI maker to sue Pentagon over ethical safeguards
Artificial intelligence firm, Anthropic, is set to contest Pentagon's classification of the company as a supply-chain risk in court.
Sensex tanks 961 points, Nifty falls below 25,200 mark
Geopolitical tensions and tariff uncertainties triggered a 961-point drop in the Sensex on Friday. The decline, led by banks, left investors poorer by Rs 5 lakh crore.
AI adoption in India outpaces even the US
Indian companies are prioritizing artificial intelligence (AI) integration for improved efficiency and competitive advantage, leading to strategic boardroom discussions.
OpenAI fires employee for insider trading on prediction markets: Report
OpenAI has reportedly dismissed an employee for allegedly using confidential company information to place bets on prediction markets, sparking a broader industry crackdown.
Global executive search firms are now prioritizing India for leadership roles
Global executive search firms are witnessing a surge in demand for senior talent and leadership advisory in India, amid AI disruption, IPO boom, and sustained economic growth.
Paramount to acquire Warner Bros in $110B deal
Warner Bros Discovery has been acquired by Paramount Skydance in a $110 billion deal, as revealed by the company's executive in a global townhall.
Government announces ₹1,500cr integrated programme for textile sector
India's National Fibre Scheme may introduce fiscal incentives to enhance domestic fibre production and reduce imports, aiming for a balanced consumption ratio.
Explainer: India-EU FTA and its implications
India must notify the EU if it plans to impose new export duties on non-agricultural products, according to the recently released India-EU FTA text.
Gold's price hits $5,230 per ounce, highest in nearly a month
Gold prices are nearing a one-month high, marking the seventh consecutive month of gains, driven by geopolitical tensions and softer U.S. Treasury yields.
Explainer: Why India just changed its GDP base year
India's Statistics Ministry has updated the GDP series, shifting the base year to 2022-23. The revision incorporates new data sources for a more accurate economic measurement.
US wholesale prices rose 2.9% over the past year
US wholesale prices in January 2026 rose by 0.5% from December and 2.9% from the previous year, surpassing economists' predictions.
Thermax ups stake in IoT firm Exactspace to 51%
Thermax Ltd has acquired a 51% stake in Exactspace Technologies for ₹30.48 crore, enhancing its AI and IoT capabilities. The deal positions Exactspace as a Thermax subsidiary.
India, EU agree on draft free trade agreement
The European Union and India have outlined World Trade Organization guardrails and digital trade rules in a draft of their upcoming trade agreement.
Cohere Health launches Global Capability Center in Hyderabad
Cohere Health has inaugurated its Global Capability Centre (GCC) in Hyderabad, with plans to expand its team to around 350 members in the next 6-7 quarters.
Deepinder Goyal's Temple raises $54M at $190M valuation
Temple, the latest venture of Zomato founder Deepinder Goyal, has successfully raised $54 million in its first funding round.
Proposed US trade deal can be 'rebalanced': Piyush Goyal
India's Commerce and Industry Minister Piyush Goyal has hinted that the proposed trade deal with the US could be "rebalanced" if necessary.
2 more plants to start production after Micron: Ashwini Vaishnaw
India's semiconductor industry is set for a major expansion, with two more plants soon to start commercial production after Micron, and a fourth expected by December-end.
To join Deepinder Goyal's start-up, stay under 16% body fat
Deepinder Goyal, the former CEO of Zomato, has set off a storm on social media with his unusual hiring criteria for Temple, a high-performance wearable start-up.
India's energy demand set to surpass US and China
India's energy demand is expected to outpace that of the US in the 2040s and China in the 2060s, a new report by Shell India has said.
Karachi stock exchange crashes 3,000 points amid Pakistan-Afghanistan war
The Karachi 100 Index (KSE 100 Index) witnessed a major sell-off in its early morning session today, owing to the intensifying conflict between Pakistan and Afghanistan.
Before taking a loan, read this
Navigating the world of loans can be tricky, especially for first-time borrowers in India.
SBI Card rewards won't work the same after April 1
SBI Card has announced major changes to its reward points redemption policy, starting April 1, 2026.
Jack Dorsey's Block lays off half its staff
Jack Dorsey's financial technology company, Block, is laying off nearly half of its workforce.
Mira Murati's AI lab loses 2 founding members to Meta
Thinking Machines Lab, the AI start-up led by former OpenAI CTO Mira Murati, has witnessed another major exit.
Smartphone market to face biggest annual drop. Reason? RAM shortage
The global smartphone market is set to witness a major downturn, with shipments expected to drop by 12.9% this year.
Silver prices gain over ₹8,300 to cross ₹2.68L
Gold and silver prices surged on the Multi Commodity Exchange (MCX) today, as investors closely monitored US-Iran negotiations and tariff-related uncertainties.
PayPal not planning sale despite Stripe acquisition rumors
PayPal is not looking to sell itself, according to Semafor.
Hyundai to invest over $6B in AI, robotics, renewable energy
Hyundai Motor Group has signed a deal with the South Korean government to invest around 9 trillion won ($6.26 billion) in an artificial intelligence (AI) data center, a robot manufacturing facility, and other developments in the country's western coastal region.
Fixed deposit v/s PPF: Which is better for students?
For Indian students, saving for the future is important.
Sensex slips 500 points: What's behind today's decline?
India's benchmark indices, the Sensex and Nifty, witnessed a sharp fall on Friday. The fall was mainly due to a US tech selloff and weak Asian cues.
Paramount wins Warner Bros. Discovery after Netflix exits bidding war
The highly contested bidding war for Warner Bros. Discovery has come to an end, with David Ellison-owned Paramount emerging as the victor.
CBI raids Anil Ambani's residence in bank fraud case
The Central Bureau of Investigation (CBI) has searched the office and residence of Reliance Group chairman Anil Ambani. The action was taken in connection with a case involving Reliance Communications Ltd (RCOM).
World's largest bank prepares for major AI-driven workforce reset
JPMorgan Chase, the world's largest bank by market capitalization, is gearing up for a major shift in its workforce due to artificial intelligence (AI).
'Scary, dangerous' burnout: OpenAI employee quits, raises alarm
Hieu Pham, a technical staff member at OpenAI and former employee of xAI, has announced his resignation from the company.
Chinese boss lays out ₹240cr, employees keep what they count
In an unusual and generous gesture, a Chinese company has turned its annual celebration into a cash giveaway event.
PhysicsWallah declines 45 % from highs, trades below IPO level
Shares of edtech platform PhysicsWallah have experienced a decline, trading 3% lower today to ₹88.9. The decline comes after a fall in three of the last four sessions.
SC classifies Rooh Afza as fruit drink, gives tax relief
In a major relief for Hamdard Laboratories, the Supreme Court of India has ruled that Sharbat Rooh Afza cannot be classified under a higher tax slab just because it is marketed as a sharbat.
Xiaomi doubles down on chips, AI, and software
Xiaomi is doubling down on its five-year plan to develop core technologies like chips, artificial intelligence (AI), and operating systems.
Apple Pay likely to launch in India by mid-2026
Apple is gearing up to launch its payment service, Apple Pay, in India.
IT stocks extend rebound for second day: Time to buy?
Indian IT stocks have witnessed a rally for the second consecutive day, with industry giants Infosys and Tata Consultancy Services (TCS) witnessing gains of 2-3%.
eBay reportedly laying off nearly 800 employees
eBay is laying off nearly 800 employees in a fresh round of job cuts, according to thelayoff.com.
Anil Ambani appears before ED in money laundering case
Anil Ambani, the chairman of Reliance Group, has appeared before the Enforcement Directorate (ED) in Delhi. The questioning session is related to a money laundering case.
Trump asks tech firms to generate their own electricity
President Donald Trump is urging major tech companies, including Amazon, Google, Meta, Microsoft, xAI, Oracle, and OpenAI.
US cybersecurity agency weakened by budget cuts, layoffs under Trump
The US Cybersecurity and Infrastructure Security Agency (CISA) is facing a major crisis, according to bipartisan lawmakers and industry leaders.
NVIDIA's quarterly earnings defy AI bubble fears
NVIDIA, the world's most valuable publicly-traded company, has reported a record annual revenue of $215.9 billion.
Gold may surge to $6,300 by year-end: JP Morgan
JP Morgan has revised its long-term gold price forecast, now predicting a value of $4,500 per ounce and potentially as high as $6,300 by the end of 2026.
Anthropic acquires AI start-up Vercept to enhance agentic capabilities
Anthropic has acquired Vercept, an artificial intelligence (AI) start-up with strong ties to Seattle's tech industry.
Valve sued over alleged illegal gambling in Counter-Strike 2
New York Attorney General Letitia James has sued game developer Valve, alleging that the company illegally promotes gambling through its loot box systems.
Healthcare stocks: What they are exactly
Investing in Indian healthcare stocks can be rewarding, given the sector's growth potential.
PPF v/s FD: Which is better for NRIs?
For non-resident Indians looking to invest in India, Public Provident Fund (PPF) and Fixed Deposits (FDs) are two of the most popular options.