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Business News

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10 Aug 2026
TL;DR

BSE Index Services launches BSE REITs Index tracking Indian REITs

BSE Index Services has introduced the BSE REITs Index, a benchmark designed to track the performance of six listed Real Estate Investment Trusts in India.

10 Aug 2026
TL;DR

India AI startups see funding talks for MStack, Simplismart

India's AI startup ecosystem sees renewed investor interest, with MStack AI eyeing $30M+ from Alpha Wave, Lightspeed, Prosperity7 and Simplismart targeting $50M with Peak XV.

10 Aug 2026
TL;DR

Indian markets open lower as rising Brent crude unnerves investors

Sensex dropped 300 points from its day's high, while Nifty slipped below 24,550 as rising Brent crude prices and a weaker rupee weighed on investor sentiment.

10 Aug 2026
TL;DR

Sensex 78,502 as Nifty holds above 24,580 after Q1 earnings

Indian stock markets opened flat on Monday as robust Q1 earnings offset concerns over rising oil prices and geopolitical tensions, with Nifty crossing the critical 24,580 mark.

10 Aug 2026
TL;DR

Cupid nearly triples April-June profit to 44.1cr as revenue doubles

Cupid reported a nearly threefold surge in Q1 net profit to Rs 44.1 crore, driven by strong revenue growth and robust international B2B healthcare demand.

10 Aug 2026
TL;DR

White House adviser Kratsios says firms blame AI for layoffs

White House adviser Michael Kratsios suggests companies may overstate AI's role in workforce reductions, using it as a media-friendly narrative for broader restructuring.

10 Aug 2026
TL;DR

Kosdaq surges over 30% after leveraged ETF access rules change

South Korea’s Kosdaq index has soared over 30% since late July, driven by a shift from leveraged ETFs tied to major chipmakers amid tightened regulatory measures.

10 Aug 2026
TL;DR

Indian rupee opens stronger at 95.17 against US dollar

The Indian rupee opened 4 paise higher at 95.17 against the US dollar, while Asian currencies showed mixed performance amid global economic and geopolitical developments.

10 Aug 2026
TL;DR

Sony and TSMC plan $6.4 billion Kumamoto image sensor factory

Sony and TSMC are discussing a ¥1 trillion investment to build a next-gen image sensor factory in Kumamoto, Japan, targeting production for cars and robots by 2029.

10 Aug 2026
TL;DR

Anawil Wire & Engineering debuts with 21% NSE SME premium

Anawil Wire & Engineering shares debut on the NSE SME platform today, with a 21% grey market premium indicating strong investor interest and potential listing gains.

10 Aug 2026
TL;DR

Japan's Nikkei rises 2% on AI and semiconductor gains

Japan's Nikkei index climbed 2%, driven by gains in AI and semiconductor stocks, while Middle East uncertainties and cautious trading during Obon holidays limited further growth.

10 Aug 2026
TL;DR

Unitree aiming to raise $904 million in Shanghai IPO

Unitree, founded in 2016, is a Chinese robotics company known for affordable quadruped and humanoid robots like G1, H1, and R1.

10 Aug 2026
TL;DR

NPCI to expand UPI to 15 to 20 countries

India's NPCI plans to expand its UPI platform to 15-20 international markets within a decade, targeting countries with large Indian diasporas and significant remittance flows.

10 Aug 2026
TL;DR

SEBI uses AI to monitor finfluencers influencing 62% of investors

Sebi's Project SUDARSAN leverages advanced AI to monitor misleading financial content on social media, addressing concerns as 62% of investors are influenced by finfluencers.

10 Aug 2026
TL;DR

IFSC survey finds AI seen as upskilling tool by 32%

Around 32% of surveyed entities anticipate AI will prioritize re-skilling and job transformation, while only a minority foresee significant job reductions.

10 Aug 2026
TL;DR

Oil climbs after delays reopening Strait of Hormuz route

Oil prices climbed amid uncertainty over the Strait of Hormuz reopening, while gold steadied following its strongest weekly gain since January, driven by U.S. jobs market concerns.

10 Aug 2026
TL;DR

Dhoot Transmission Ltd launches ₹3,066.89cr IPO to list August 17

Dhoot Transmission Ltd. launches its Rs 3,066.89-crore IPO today, with a grey market premium indicating a potential 30% listing gain over the upper price band of Rs 871.

10 Aug 2026
TL;DR

Meta CTO Andrew Bosworth: Use AI time to build products

Meta's CTO Andrew Bosworth stated that AI-driven productivity gains should be used to create more products and perform higher-value tasks, not to increase employee vacation time.

10 Aug 2026
TL;DR

On Monday gold slips $16.70 to $4,383.30 and silver rises

Gold prices dipped while silver edged higher as investors assessed US interest rate expectations, dollar movements, inflation data, and geopolitical developments.

10 Aug 2026
TL;DR

India's EV sector to create 30-40 million jobs by 2030

India's EV sector is set to generate 30-40 million jobs by 2030, with specialized roles commanding salary premiums of up to 45%, according to Adecco India.

10 Aug 2026
TL;DR

Meta faces $1.4 trillion trial over alleged harm to minors

Meta is set to face a federal trial in Oakland, California, over allegations of designing addictive platforms for children, with potential penalties reaching $1.4 trillion.

10 Aug 2026
TL;DR

Oil prices climb over 1% amid Strait of Hormuz uncertainty

Brent crude rose 1.32% to $84.65 a barrel as uncertainty over reopening the Strait of Hormuz persists, while geopolitical tensions continue to impact global oil markets.

10 Aug 2026
TL;DR

Gold steady amid market focus on US inflation reports

Gold prices remained stable in early Asian trade Monday, following a 7% weekly gain, as investors awaited key U.S. inflation data for potential interest rate clues.

10 Aug 2026
TL;DR

Oil rises as Strait of Hormuz reopening remains uncertain

Brent crude nears $94 as uncertainty over US-Iran peace talks and Strait of Hormuz reopening fuels market volatility, following last week's 7% price drop.

10 Aug 2026
TL;DR

Indian banks ramp up gold loans to win NBFC customers

Banks are enhancing gold loan services by deploying appraisers, digitising processes, and reducing approval times as demand surges, challenging NBFC dominance in the market.

10 Aug 2026
TL;DR

Deepak Poduval accuses Rishabh Telang of forging 2016 signature

Rishabh Telang, co-founder of Cult Fitness, faces allegations of forging signatures and criminal conspiracy in a 2016 transaction, as per an FIR filed by Deepak Poduval.

10 Aug 2026
TL;DR

US dollar steady near 2-month low as markets watch

The U.S. dollar lingered near a two-month low on Monday as investors anticipated inflation data, which could provide insights into the Federal Reserve's future rate decisions.

10 Aug 2026
TL;DR

E-commerce surges in India's 'Urban Bharat' cities matching metro connectivity

Urban Bharat's online shopping has surged, with nearly one-third of consumers adopting e-commerce by 2025, driven by convenience despite trust levels lagging behind metro cities.

10 Aug 2026
TL;DR

Asian markets rise on weak US jobs easing interest-rate fears

Asian stocks gained on Monday, tracking Wall Street's rally after soft U.S. jobs data eased rate hike fears, while Gulf tensions pushed Brent crude up 0.9% to $84.32 a barrel.

10 Aug 2026
TL;DR

Jungle Ventures makes India top priority with $200-$300 million biennial pledge

Jungle Ventures plans to invest $200-300 million in India every two years, focusing on artificial intelligence and advanced manufacturing as the country becomes its largest market.

10 Aug 2026
TL;DR

Eternal-owned District expands offline retail while dining aims $3 billion

Zomato-owned District aims to diversify beyond dining, targeting offline shopping as its second-largest vertical within three years, driven by rapid growth in the retail segment.

10 Aug 2026
TL;DR

Molbio Diagnostics IPO opens Aug 10 with ₹200cr fresh issue

Goa-based Molbio Diagnostics, backed by Temasek, launches its ₹930.7-crore IPO from August 10-12, offering shares at ₹768-807 each with a focus on long-term growth potential.

10 Aug 2026
TL;DR

Brent crude near $85 amid Iran Oman Hormuz talks

Brent crude approaches $85 as traders monitor stalled Iran-Oman talks on the Strait of Hormuz, while regional tensions escalate with Houthi and tanker attacks.

10 Aug 2026
TL;DR

Situational Awareness invests $400 million in Source Foundry to speed chipmaking

Situational Awareness, an AI-focused hedge fund, invested $400M in Source Foundry despite recent financial setbacks and a major portfolio sell-off to Citadel last month.

10 Aug 2026
TL;DR

India hosts PSB Manthan in New Delhi to attract FDI

The government has convened a two-day meeting with public sector banks to devise strategies for attracting foreign investments and addressing the widening current-account deficit.

10 Aug 2026
TL;DR

HAL resumes Su-30MKI production at Nashik after 11,000cr order

Hindustan Aeronautics Ltd is restarting Su-30MKI fighter jet production at its Nashik facility, with 12 new aircraft featuring over 50% indigenous content to be delivered by 2029.

09 Aug 2026
Indian Government

Modi government might raise CCEA approval threshold for FDI proposals

The Indian government is mulling a proposal to increase the threshold for foreign direct investment (FDI) proposals that need Cabinet Committee on Economic Affairs (CCEA) approval.

09 Aug 2026
Google

Berkshire Hathaway buys back $4.5B in shares, biggest since 2021

Berkshire Hathaway has spent around $4.5 billion to repurchase its own shares in the second quarter, the company's biggest quarterly buyback since 2021.

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.

09 Aug 2026
Kolkata

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.

09 Aug 2026
India

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.

09 Aug 2026
State Bank of India (SBI)

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.

09 Aug 2026
Evan Spiegel

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.

09 Aug 2026
State Bank of India (SBI)

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.

09 Aug 2026
Lok Sabha

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.

09 Aug 2026
Finance

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.

09 Aug 2026
China

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.

09 Aug 2026
Maharashtra

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.

09 Aug 2026
ChatGPT

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.

09 Aug 2026
Andhra Pradesh

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.

08 Aug 2026
Delhi

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.

08 Aug 2026
PhonePe

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.

08 Aug 2026
Ahmedabad

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.

08 Aug 2026
Foreign Investment

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.

08 Aug 2026
Indian Government

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.

08 Aug 2026
Donald Trump

Trump Media terminates crypto deal with Crypto.com

Trump Media & Technology Group Corp. has terminated its partnership with cryptocurrency exchange Crypto.com.

08 Aug 2026
British Airways

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.

08 Aug 2026
United States of America

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.

08 Aug 2026
Parliament

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).

08 Aug 2026
Australia

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.

08 Aug 2026
Ministry Of Home Affairs

Solar, wind projects within 1km of Indian borders banned

The Ministry of Home Affairs (MHA) has issued new guidelines.

08 Aug 2026
Air India Express

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).

08 Aug 2026
Startups

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).

08 Aug 2026
Donald Trump

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.

08 Aug 2026
Apple

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.

08 Aug 2026
India

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.

08 Aug 2026
Air India

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%.

08 Aug 2026
Accenture

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.

08 Aug 2026
Airbnb

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.

08 Aug 2026
California

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.

07 Aug 2026
Hardeep Singh Puri

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).

07 Aug 2026
Samsung

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.

07 Aug 2026
Titan

Titan Q1 profit jumps 65% to ₹1,699cr

Titan Company has posted a robust growth in its first-quarter earnings for the fiscal year.

07 Aug 2026
Inflation

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.

07 Aug 2026
Anthropic

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.

07 Aug 2026
State Bank of India (SBI)

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%.

07 Aug 2026
Lok Sabha

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.

07 Aug 2026
Air India Express

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.

07 Aug 2026
Delhi High Court

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.

07 Aug 2026
Bharti Airtel

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.

07 Aug 2026
Bajaj Finserv

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.

07 Aug 2026
Bharti Airtel

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.

07 Aug 2026
Ahmedabad

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.

07 Aug 2026
Akasa Air

Akasa Air launches loyalty program 'Akasa Elevate'

Akasa Air has launched its first-ever loyalty program, 'Akasa Elevate,' to attract frequent flyers.

07 Aug 2026
Donald Trump

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.

07 Aug 2026
Reserve Bank Of India (RBI)

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.

07 Aug 2026
TikTok

TikTok to lay off 250 employees, shut Nashville office

TikTok has announced the layoff of 250 employees and the closure of its Nashville office.

07 Aug 2026
Jairam Ramesh

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.

07 Aug 2026
China

Trump imposes 15% tariff on polysilicon to counter China

The Trump administration has announced a 15% tariff on polysilicon products, a key component in the manufacturing of semiconductors and solar panels primarily produced by China.

07 Aug 2026
China

China's exports soar 24% in July, driven by AI, EVs

China's exports witnessed a 23.9% surge in July, beating expectations and maintaining the momentum from June's significant rise.

06 Aug 2026
Paramount Pictures

Paramount's $110B acquisition of Warner Bros gets UK nod

The UK government has approved Paramount Skydance's $110 billion acquisition of Warner Bros Discovery.

06 Aug 2026
SoftBank Group

SoftBank bags a $10B margin loan against OpenAI stake

SoftBank Group has secured a massive $10 billion margin loan, using its stake in US tech giant OpenAI as collateral.

LIC's massive $3.3B share sale kept bankers in the dark

The Indian government has successfully raised $3.3 billion by selling additional shares of Life Insurance Corporation of India (LIC).

06 Aug 2026
Indian Government

No HRA if one spouse gets official accommodation: Modi government

The Indian government has clarified its policy on House Rent Allowance (HRA) for central government employees.

06 Aug 2026
Anthropic

Karnataka wants Anthropic's help to prevent fraud in government systems

Karnataka Chief Minister D K Shivakumar met a delegation from AI start-up Anthropic today.

06 Aug 2026
OpenAI

SoftBank posts $2.2B profit in June quarter, beats estimates

SoftBank has posted a net profit of ¥347.3 billion ($2.2 billion) for the June quarter, beating analysts' expectations of ¥120.23 billion, according to LSEG estimates.

06 Aug 2026
Apple

Super.money debuts shopping marketplace with no-cost EMI plans

Super.money, a fintech company backed by Flipkart, has expanded its services to include an in-app marketplace called SplitStore.

06 Aug 2026
Iran

Gold jumps ₹6,400 in 3 days

Gold and silver prices have seen a significant increase for the third consecutive session on MCX.

06 Aug 2026
Lok Sabha

Lok Sabha passes bill to boost foreign investments, domestic manufacturing

The Lok Sabha has passed the Taxation and Other Laws (Amendment) Bill, 2026.

06 Aug 2026
Tata

Trent's profit in Q1 rises 21% YoY to ₹519cr

Tata-owned Trent Limited, a leading retail company, has reported a robust financial performance for the first quarter of the fiscal year.

06 Aug 2026
Ola Electric

Why Ola Electric is moving to a dealership model

Ola Electric has announced a major shift in its business strategy, moving away from the direct-to-consumer model it has followed for five years.

06 Aug 2026
OpenAI

'Meritless': OpenAI wants judge to dismiss Apple's trade secrets lawsuit

OpenAI has asked a US judge to dismiss Apple's lawsuit accusing it of stealing trade secrets.

06 Aug 2026
Google

Why Google's $15B Indian data center project is facing opposition

Google's ambitious $15 billion data center project in India is facing opposition from environmentalists.