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India's aluminum users seek 7.5% duty cut on primary aluminum
India's aluminium user industries have urged the government to rationalise the 7.5% Basic Customs Duty on primary aluminium, citing high input costs and reduced competitiveness.
Bengaluru police arrest ex-Capgemini daycare worker Sujatha for video tampering
Bengaluru police arrested Sujatha, a former daycare employee, for allegedly tampering with video evidence related to abuse claims at Capgemini's childcare facility.
NC-JCM staff asks 8th Pay Commission for ₹69,000 basic pay
The demand for a Rs 69,000 minimum basic pay under the 8th Pay Commission stems from revised living cost calculations, including updated family size and expenditure assumptions.
FPIs pour ₹16,461.84cr into Indian markets snapping monthlong selling streak
Foreign portfolio investors (FPIs) recorded net inflows of ₹16,461.84 crore across equity, debt, and hybrid instruments during the week ending July 3, 2026.
AI and automation drive 128,000 tech layoffs globally this year
AI-driven tech layoffs worldwide reached 1.28 lakh by mid-2026, surpassing 2025 totals, with India ranking second globally after the US in job cuts.
India's bilateral investment agreement with Israel is now effective
The India-Israel Bilateral Investment Agreement (BIA) has officially come into effect today, July 4.
Enterprises shift AI focus to profit with $1.14B HCLTech deal
AI's race for intelligence is evolving into a battle for economic value, as enterprises prioritize measurable returns and cost efficiency over cutting-edge capabilities.
GM cuts 1,000+ Factory Zero jobs for 50 AI cobots
Over 1,000 workers at GM's Detroit EV plant were idled after the installation of 50 AI-powered robots, sparking backlash from the United Auto Workers union.
India to conclude Canada Mexico Brazil FTAs within 6 months
India aims to finalize Free Trade Agreements with Canada, Mexico, and Brazil within six months, as Commerce Minister Piyush Goyal emphasizes expanding global trade partnerships.
BMA to cut up to 200 jobs despite record membership
The British Medical Association plans to restructure operations, potentially cutting up to 200 of its 600 staff in England, as it grapples with a significant financial deficit.
Trump accounts provide $1,000 to children born 2025 to 2028
Savings plans named after President Trump, offering $1,000 government contributions and investment options, launch Saturday to aid children born during his second term.
BlackRock launched $100 million Future Builders to train 50,000 tradespeople
BlackRock is investing $100 million over five years to train 50,000 skilled trades workers, addressing critical labor shortages for building AI-driven energy infrastructure.
Akasa Air fleet hits 40 aircraft with Boeing 737 MAX
Akasa Air, India's newest budget airline, has welcomed its 40th aircraft into the fleet. The new addition is a Boeing 737 MAX 8-200 model.
Akasa Air adds 40th Boeing 737 MAX 8-200 to fleet
Akasa Air has received its 40th aircraft, a Boeing 737 MAX 8-200, marking a key milestone as the airline expands its network across 28 domestic and seven international routes.
Karnataka HC refuses to stay gig workers' welfare act
The Karnataka High Court has refused to stay the implementation of the Karnataka Platform-Based Gig Workers (Social Security and Welfare) Act, 2025.
Ford and Australia's Commonwealth Bank rehire staff after automation failures
Ford Motor and Commonwealth Bank of Australia admitted errors in replacing employees with AI, acknowledging oversight in assessing critical roles and the technology's limitations.
EPFO portal revamped: UAN activation now available only on app
The Employees' Provident Fund Organisation (EPFO) has revamped its Unified Member Portal after a week-long scheduled upgrade. The overhaul includes a new look and several changes to member services.
Square Yards eyes ₹3,000cr revenue, plans IPO in 12-18 months
Proptech platform Square Yards is targeting a revenue of nearly ₹3,000 crore for the current financial year. The company also plans to go public within the next 12-18 months.
Evri sues BBC for £1.2m over 'Panorama' underpayment claims
Evri is suing the BBC for £1.2m, claiming a Panorama programme aired defamatory allegations about exploitative practices and misleading statements on courier wages.
India's middle class set to drive 93% of consumer spending
India's burgeoning middle class is set to be the country's biggest economic driver in the coming decade, Finance Minister Nirmala Sitharaman said on Friday.
NVIDIA introduces revenue-sharing model to boost AI hardware access
NVIDIA, the leading player in the artificial intelligence (AI) industry, has announced a new revenue-sharing model.
India to contest proposed 12.5% US tariffs on exports
India is gearing up to contest the proposed 12.5% tariffs on its exports by the US Trade Representative (USTR).
India and Israel formalize investment pact as BIA takes effect
The India-Israel Bilateral Investment Agreement, effective July 4, aims to enhance cross-border investments and strengthen economic ties with robust investor protections.
Manipal Health Enterprises gets SEBI nod for IPO
Manipal Health Enterprises, a leading hospital chain backed by Singapore's Temasek, has received approval from the Securities and Exchange Board of India (SEBI) for its upcoming initial public offering (IPO), according to Reuters.
RBI fines Bank of Baroda ₹64L for breaching regulatory guidelines
The Reserve Bank of India (RBI) has slapped a hefty fine on Bank of Baroda and GIC Housing Finance for regulatory violations.
Red Bull, Sting can't be marketed as 'energy drinks': FSSAI
The Food Safety and Standards Authority of India (FSSAI) has issued notices to six beverage brands for using the term "energy drink" and making misleading claims.
Will Musk donate SpaceX shares to 'Trump Accounts?'
President Donald Trump has expressed optimism that tech mogul Elon Musk will contribute SpaceX shares to the "Trump Accounts" initiative.
India will waive customs duty IGST on imported event animals
India will exempt customs duty and IGST on animals imported for events under the India-UK CETA from July 15, subject to re-export and specific conditions.
India's forex reserves have fallen to $666.93B
India's foreign exchange (forex) reserves have witnessed a significant drop of $5.654 billion.
Manappuram Finance CEO resigns, to continue till December
Deepak Reddy, the Chief Executive Officer (CEO) of Manappuram Finance Ltd, has resigned from his position.
SBI Funds to raise $1.2B via IPO at $12.1B valuation
SBI Funds Management, India's largest asset manager, is gearing up to launch its initial public offering (IPO) in the week starting July 13.
YES Bank's loans, advances jump over 18% in Q1 FY27
Private sector lender YES Bank has reported an impressive growth in its loans and advances for the first quarter of FY27.
HDFC Bank's Q1 update: Loan, deposits see 15% YoY growth
HDFC Bank has posted impressive financial results for the first quarter of FY27.
Smartail, Nexus Innovation Hub bring automated grading to Andhra classrooms
Smartail and Nexus Innovation Hub collaborate to advance AI-driven educational solutions, positioning Andhra Pradesh as a global hub for edtech innovation.
SBI Funds to launch ₹11,400cr IPO with ₹2,000cr pre-IPO placement
SBI Funds Management plans to raise up to ₹2,000 crore through a pre-IPO placement ahead of its ₹11,400 crore IPO in July, marking India's largest IPO of 2026.
Bain & Company: Indian VCs prioritize profitable startups in 2026
India's venture capital landscape in 2026 prioritizes sustainable profitability and clear exits, with AI, quick commerce infrastructure, and domestic growth driving investments.
HDFC Bank Q1 FY2027: Loans 30.61L/cr, deposits 31.7L/cr, CASA 10.25L/cr
HDFC Bank's gross advances rose 15.4% YoY to ₹30.61 lakh crore, while deposits surged 147% to ₹31.7 lakh crore in the first quarter of FY27.
Sensex and Nifty close higher for 4th straight week
Indian markets gained for the fourth straight session, driven by softer crude prices and FII buying, while the rupee weakened by 82 paise amid global trade concerns.
EPFO shifts UAN activation/allotment to UMANG app, Aadhaar face authentication
EPFO has ceased UAN activation and generation on its portal, shifting these services to the UMANG app with mandatory Aadhaar-based Face Authentication for subscribers.
Pune's CareNX Innovations builds AI fetal monitor aiding nonspecialist doctors
CareNX Innovations leverages AI-powered fetal monitoring to bridge maternal healthcare gaps, enabling non-specialist doctors to deliver timely, reliable pregnancy care.
Capgemini temporarily closes Bengaluru day care after abuse videos
Capgemini has temporarily closed its Bengaluru daycare following viral videos of alleged toddler abuse, prompting the IT firm to reassess daycare facilities across India.
NVIDIA launches revenue sharing model to help startups and researchers
Nvidia introduces a revenue-sharing model, connecting AI startups with cloud providers to simplify access to advanced computing resources and accelerate AI development.
Indian retailers adopt AI to understand shoppers, cut lost sales
Indian retailers are leveraging AI tools like computer vision and predictive analytics to understand in-store customer behavior, aiming to reduce walkaways and optimize operations.
NRIs open more Indian stock accounts despite cooling investments
NRI investments in Indian stock markets are slowing, with stringent KYC regulations emerging as a key barrier despite rising account openings and growing remittance potential.
India AI growth lifts pay for cooling and power engineers
India's AI-driven data-centre expansion is boosting demand for mechanical, electrical, and cooling engineers, offering salaries up to Rs 1.8 crore annually.
Narendra Modi to unveil India's UDAN phase 2 with ₹28,840cr
Nearly half of the routes launched under India's UDAN scheme since 2017 have discontinued operations, highlighting hurdles in sustaining regional air connectivity initiatives.
Exxon, Chevron profits triple while gas remains 22% above pre-war
US oil giants, including Exxon Mobil and Chevron, are set to report their strongest quarterly profits in years, driven by tight fuel markets despite falling crude oil prices.
Delhi High Court bars Finecure Pantopacid, allows 4 months' sale
Delhi High Court restrained Finecure Pharmaceuticals from manufacturing drugs similar to Sun Pharma's 'Pantocid,' allowing limited time to sell existing 'Pantopacid' stock.
Ajanta Pharma promoters raise ₹1,800cr to acquire Restaurant Brands Asia
Inspira Global, backed by Ajanta Pharma promoters, is raising ₹1,800 crore in private credit to acquire a controlling stake in Restaurant Brands Asia, Burger King's India operator.
Amazon Prime Day India July 4 to 6 offers deals
Amazon Prime Day 2026 is live in India from July 4-6, offering massive discounts on smartphones, electronics, and more, with additional benefits for Axis and SBI cardholders.
Why Sri Lanka is now upper-middle-income economy but India isn't
The World Bank has upgraded Sri Lanka, Vietnam, and the Philippines to upper-middle-income status in its latest country income classification. The move recognizes their economic progress after years of growth and recovery.
Smartphone financing to account for 42% of sales in India
Smartphone financing is set to dominate in India, accounting for 42% of all sales this year.
Centre plans ₹20,000cr EV incentive scheme for private buses
The Indian government is planning a new incentive scheme to promote the adoption of electric busses (e-busses) by private operators.
EPFO to settle eligible PF withdrawal claims within 3 days
The Employees' Provident Fund Organisation (EPFO) has introduced a new system to settle eligible provident fund (PF) withdrawal claims within three days.
Boeing's air taxi firm sued over discrimination, safety concerns
Wisk Aero, the electric air taxi company owned by Boeing, has been sued by a former employee.
IRDAI weighs commission overhaul to curb insurance mis-selling
The Insurance Regulatory and Development Authority of India (IRDAI) is mulling a major overhaul in the way distributors are compensated.
Could Fed's rate hike spoil Dalal Street's rally?
The recent softer-than-expected jobs data in the US has led to fluctuating expectations for interest rate hikes this year.
French firms invited to invest in India's AI, clean-energy sectors
Union Finance Minister Nirmala Sitharaman has invited French businesses and investors to explore the vast opportunities India offers in artificial intelligence (AI), clean energy, healthcare, digital infrastructure, and financial services.
US remains India's largest LPG supplier in June
The United States has retained its position as the top supplier of liquefied petroleum gas (LPG) to India for the month of June.
HCL Tech shares soar 6% after $1B AI deal
HCL Technologies has witnessed a major spike in its share price, rising as much as 6% to an intraday high of ₹1,139 on the BSE today.
Air India Express restores all West Asia flights
Air India Express has announced the resumption of its West Asia flight services, including routes to Salalah in Oman and Kuwait.
EPFO portal is back but passbook remains unavailable
The Employees' Provident Fund Organisation (EPFO) has restored most of its online member services after a planned system migration and database consolidation exercise.
India's services growth hits 17-month low in June
India's services sector, a major contributor to the country's economy, witnessed its slowest growth in 17 months during June.
Prosser denies Apple trade secret theft, blames Ramacciotti in response
Popular YouTuber Jon Prosser has responded to Apple's lawsuit against him and his acquaintance, Michael Ramacciotti, after receiving a second chance to formally respond.
Gold, silver jump 3%. Here's what's driving the rally
Gold and silver prices have witnessed a spike of up to 3% in international markets on Friday.
Sensex surges 650 points: What's behind today's rally?
The Indian stock market witnessed another rally today, with the Sensex and Nifty rising by over 0.8% each.
Google loses final appeal against EU's $4.7B antitrust fine
Google has lost a major legal battle against a €4.1 billion ($4.7 billion) European Union antitrust fine.
When can customers expect petrol/diesel price reduction? Hardeep Puri answers
Union Petroleum Minister Hardeep Singh Puri has said that consumers shouldn't expect an immediate reduction in petrol and diesel prices even as global crude oil prices have fallen to around $70 a barrel.
Oil firms lost ₹74,781cr amid Middle East conflict: Hardeep Puri
State-owned oil marketing companies (OMCs) suffered losses of almost ₹74,781 crore between April and June due to rising global crude oil prices amid the Middle East conflict.
Parle-G, Melody maker plans $1B IPO at over $10B valuation
Parle Products, the company behind iconic Indian brands like Parle-G, KrackJack, Monaco, Mango Bite, and Melody is planning a major initial public offering (IPO) next year.
Why SpiceJet has cut 44% of its flights
SpiceJet has announced a major reduction in its flight schedule for July, cutting down the number of flights by a whopping 44% as compared to April.
Japan's yen hits 40-year low. Here's why it matters
The Japanese yen has hit a 40-year low, falling to its weakest level against the US dollar in 40 years.
Why Domino's is giving away $1M worth of free pizzas
US striker Folarin Balogun's red card during the FIFA World Cup match against Bosnia and Herzegovina has activated a $1 million pizza giveaway by Domino's.
EPFO online services to remain unavailable until July 3
The Employees' Provident Fund Organization (EPFO) has announced yet another extension of the outage for its online services.
Flipkart names new Senior VP for supply chain technology
Flipkart has appointed Vinay Vaidya as its new Senior Vice President of Technology for the supply chain.
Employee resigns after being asked to attend his wedding virtually
An employee has resigned from his job after his boss asked him to attend his own wedding via Google Meet.
AWS CEO slams replacing entry-level tech jobs with AI
Amazon Web Services (AWS) CEO Matt Garman has strongly opposed the idea of using artificial intelligence (AI) to replace entry-level technology jobs.
Ratan Tata's confidant Mehli Mistry resigns from family office
Mehli Mistry, a long-time associate of the Tata Group and confidant of the late Ratan Tata, has resigned from his position on the board of RNT Associates, the family office that managed Ratan Tata's personal investments.
Coca-Cola plans $1B IPO of Indian bottling arm
Coca-Cola is planning to raise around $1 billion (approximately ₹9,500 crore) through an initial public offering (IPO) of its Indian bottling arm, Hindustan Coca-Cola Beverages, according to Bloomberg.
Japan to finance India's power grid under new initiative
Japan has agreed to finance India's power grid with up to $492 million. The funding comes under the first project of its new POWERR Asia initiative, according to Nikkei Asia.
Zoho chief heads to Japan for new cross-border rural mission
Sridhar Vembu, the founder of Zoho, has announced a new mission to connect rural Indian and Japanese businesses.
Samsung announces $90B investment for chips, batteries and displays
Samsung has announced a massive investment of 140 trillion won ($90 billion) in South Korea's central Chungcheong province.
Carlsberg moves to list Indian arm, eyes $700M IPO
Danish brewing giant Carlsberg A/S has confidentially filed draft papers for an Initial Public Offering (IPO) of its Indian subsidiary, according to Bloomberg.
SoftBank pursues $10B loan against OpenAI stake
SoftBank Group has resumed negotiations with a group of lenders for a $10 billion loan, secured by its stake in OpenAI, according to Reuters.
ShareChat eyes $400M IPO next year
Mohalla Tech Pvt., which operates Indian social network ShareChat, short-video platform Moj, and subscription-based micro-drama app QuickTV, is gearing up for a potential initial public offering (IPO) next year.
Gold rises on weak US jobs data, lower oil prices
Gold prices increased on Thursday, hitting a one-week high. The rise was mainly due to weaker-than-expected US jobs data and falling oil prices.