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Business News

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28 Jun 2026
TL;DR

Amazon India's 10th anniversary Prime sale offers ₹500 off

Amazon.in marks a decade of Prime with its biggest-ever Prime Day Sale from July 4-6, 2026, featuring exclusive deals, new launches, and AI-driven shopping tools for members.

These 11 IPOs will hit Indian market next week

The Indian stock market is gearing up for another busy week with 11 new initial public offerings (IPOs) set to hit the primary market.

28 Jun 2026
Union Health Ministry

Manufacturing medical devices in India is about to become easier

The Union Health Ministry has proposed changes to the Medical Devices Rules, 2017, with an aim to fast-track the process of granting manufacturing licenses for medical devices.

This unicorn is planning a $300M IPO at $2B valuation

Proptech unicorn Square Yards has begun preparations for an initial public offering (IPO) to raise between $200 million and $300 million.

28 Jun 2026
ICICI Bank

Market cap of India's 6 top firms rises by ₹88,678cr

The Indian stock market witnessed a modest rise last week, with six of the top 10 companies gaining ₹88,678.1 crore in market capitalization.

28 Jun 2026
Ashwini Vaishnaw

Jewar to become North India's Silicon Valley: Ashwini Vaishnaw

The Indian government has taken a major step toward establishing Jewar as a key player in the global electronics and semiconductor manufacturing arena.

28 Jun 2026
Amazon

Amazon hikes price of key AI cloud service by 20%

Amazon has raised the prices of one of its key artificial intelligence (AI) cloud services by a whopping 20%.

28 Jun 2026
India

India's crude oil import dependence crosses 90%, raising economic risks

India's dependence on imported crude oil has crossed the 90% mark, a trend that could make the economy more vulnerable to external shocks, according to a recent report by EY.

28 Jun 2026
Reserve Bank Of India (RBI)

Bank holiday next week: Check when they will remain closed

Public and private sector banks in India will observe a single holiday next week, between June 29 and July 5.

28 Jun 2026
Donald Trump

Release unredacted Epstein documents or explain why: US judge

A US federal judge has ordered the Justice Department to either release unredacted versions of key documents related to convicted sex offender Jeffrey Epstein or explain why they can't be disclosed.

28 Jun 2026
TL;DR

Former HDFC Bank chairman Atanu Chakraborty rejects review noncooperation claims

Former HDFC Bank Chairman Atanu Chakraborty clarified his resignation was a "call of conscience" urging board introspection, rejecting the need for an external legal review.

28 Jun 2026
TL;DR

Athulya Senior Care to raise $30 million, expand to 3,500 beds

Athulya Senior Care aims to secure $30 million by FY27 to double its assisted living capacity and establish a network of geriatric hospitals across South India.

28 Jun 2026
GST

New rules introduced for taxpayers shifting business locations

The Central Board of Indirect Taxes and Customs (CBIC) has announced a new procedure for taxpayers shifting their principal place of business.

28 Jun 2026
Gautam Adani

India needs 2,000GW of new power capacity in near future

India will need to add nearly 2,000 gigawatts (GW) of new power generation capacity in the next two decades to meet the rising energy demand and reduce dependence on imported fuels, said Sagar Adani, Executive Director of Adani Green Energy.

28 Jun 2026
IRDAI

IRDAI plans new insurance distribution reforms to protect policyholders

The Insurance Regulatory and Development Authority of India (IRDAI) is gearing up to unveil a discussion paper on insurance distribution reforms.

28 Jun 2026
TL;DR

India's smart home market to exceed $24 billion by 2031

India's smart home market, projected to grow from $6.7 billion in 2026 to over $24 billion by 2031, is driven by practicality and everyday problem-solving.

28 Jun 2026
TL;DR

Commerce ministry to rethink SEZ rules on June 30

The commerce ministry will meet stakeholders on June 30 to discuss SEZ reforms, focusing on export promotion schemes, ease of doing business, and a roadmap for SEZ 2.0 policy.

28 Jun 2026
TL;DR

Employers replace entry-level roles with AI as MBA hiring rises

AI is automating repetitive tasks in entry-level roles, but employers emphasize communication, leadership, and professionalism as key factors for hiring graduates.

Upcoming changes for taxpayers, bank customers, Aadhaar and passport holders

Several key financial changes will come into effect from July 1, 2026.

28 Jun 2026
TL;DR

IRDAI to publish discussion paper on Indian insurance buyer protections

IRDAI is preparing to release a discussion paper on insurance distribution reforms, focusing on policyholder protection and improving customer outcomes across channels.

28 Jun 2026
TL;DR

GST has completed 9 years and is entering its 10th year as AI eases filing and refunds

India's GST reform enters its tenth year, emphasizing AI-driven compliance, streamlined processes, and faster refunds to enhance efficiency and reduce compliance costs.

28 Jun 2026
TL;DR

Square Yards plans $200 million-$300 million IPO over the next financial year (i.e., by March 2027 / FY27) for $2B valuation

Square Yards has initiated discussions with Axis Capital, JP Morgan, and BofA Securities to raise $200-300 million through an IPO next financial year at a $2 billion valuation.

28 Jun 2026
Amazon

GameStop won't give up on buying eBay

GameStop has said it will continue with its proposed takeover of eBay, despite the latter's rejection of an unsolicited cash-and-stock offer worth some $56 billion.

28 Jun 2026
Bengaluru

Why Bengaluru land prices rival NYC? Sridhar Vembu explains

Sridhar Vembu, the Founder and Chief Scientist of Zoho Corporation, has blamed rampant corruption for the skyrocketing land prices in Indian cities like Chennai and Bengaluru.

28 Jun 2026
TL;DR

NPCI outlines 1 billion UPI daily target, CEO highlights AI

India's UPI ecosystem, processing over 750 million daily transactions, is set to leverage AI for user growth, fraud prevention, and credit distribution, says NPCI CEO Dilip Asbe.

28 Jun 2026
TL;DR

Australia's mid-2026 inflation forecast trimmed to 4.25% says Jim Chalmers

Treasurer Jim Chalmers announced that Australia’s headline inflation is expected to peak at 4.25% mid-year, aided by falling oil prices and easing Middle East tensions.

28 Jun 2026
TL;DR

Eighth Pay Commission to meet in July on pay, pensions

The 8th Pay Commission is actively engaging with employee groups and stakeholders through state visits, with meetings scheduled in Bhubaneswar on July 6-7 and Kolkata on July 9-10.

28 Jun 2026
TL;DR

Hong Kong posts $44 billion 5-year share-sale high on AI

Hong Kong's share sales soared to a five-year peak in H1 2026, driven by investor enthusiasm for AI-related companies despite a sluggish equity market and regulatory challenges.

28 Jun 2026
TL;DR

Court denies Sudhir Valia bail in 1000cr Yes Bank fraud

The Mumbai police's Economic Offences Wing has issued a Look Out Circular against businessman Sudhir Valia in connection with a ₹1,000-crore Yes Bank-linked loan fraud case.

28 Jun 2026
TL;DR

India to save ₹40,000cr yearly from local PCB production

India plans to cut reliance on imported PCBs, saving ₹40,000 crore annually, as Jewar emerges as a major electronics manufacturing hub under new initiatives.

27 Jun 2026
Anthropic

This AI firm's lowest-paid H-1B worker earns over ₹1cr

Anthropic, an artificial intelligence (AI) company, has revealed its pay scale through US visa filings.

27 Jun 2026
Donald Trump

Why Trump has threatened 100% tariff on European countries

US President Donald Trump has threatened to impose a 100% import tariff on any European country that imposes a tax on digital services provided by American companies.

27 Jun 2026
Kotak Mahindra Bank

Kotak Mahindra Bank's CEO Ashok Vaswani is stepping down

Ashok Vaswani, the Managing Director and Chief Executive Officer (CEO) of Kotak Mahindra Bank, has announced his decision not to seek re-appointment after his current term ends on December 31.

27 Jun 2026
Gujarat

You can now ride a 'Bharat Taxi' in Gujarat

Union Home Minister Amit Shah has launched 'Bharat Taxi,' India's first driver-owned ride-hailing platform.

27 Jun 2026
Piyush Goyal

How Indian businesses can leverage benefits of UK trade deal

Union Minister of Commerce and Industry Piyush Goyal has announced a major initiative to help Indian businesses leverage the benefits of the India-UK Comprehensive Economic and Trade Agreement (CETA).

27 Jun 2026
HDFC Bank

'Superfluous exercise': Ex-chairman of HDFC Bank slams legal review

Atanu Chakraborty, the former chairman of HDFC Bank, has criticized the bank's decision to appoint external law firms for a legal review.

27 Jun 2026
Anthropic

Musk gets FTC nod to acquire SpaceX alumni start-up

The US Federal Trade Commission (FTC) has expedited its antitrust review for Elon Musk's proposed acquisition of Mesh Optical Technologies, a start-up founded by three former SpaceX engineers.

27 Jun 2026
NASDAQ

SpaceX to join NASDAQ-100 index on July 7

SpaceX will join the NASDAQ 100 index on July 7, NASDAQ confirmed on Friday.

27 Jun 2026
Amazon Prime Video

MrBeast facing legal issues from investors over his snack brand

Jimmy Donaldson, better known as MrBeast, is facing a legal dispute with some of his investors.

27 Jun 2026
Tesla

Tesla settles lawsuit over fatal crash involving Full Self-Driving

Tesla has settled a lawsuit related to a deadly 2023 crash involving its Full Self-Driving (FSD) system.

27 Jun 2026
Iran

Iran offers discounted crude to India after US sanctions waiver

After a recent sanctions waiver from Washington, multiple middlemen have started offering discounted Iranian oil to Indian refiners.

27 Jun 2026
Airbus

Airbus secures $9.3B order for 25 A330neo jets from China

Airbus has bagged a major deal with China Eastern Airlines, which is a partially state-owned carrier.

27 Jun 2026
China

Steel imports from China, Japan, Russia facing anti-dumping investigation

India has launched an anti-dumping investigation into hot-rolled steel imports from China, Japan, and Russia.

27 Jun 2026
Apple

Apple Vision Pro chief leaves for OpenAI

Paul Meade, Apple's Vice President and head of the Vision Pro headset and smart glasses division, is leaving the tech giant to join OpenAI, according to Bloomberg.

27 Jun 2026
Indian Government

Why shelf-life rules for imported drugs might be relaxed

The Indian government has proposed a major change in the shelf-life requirement for imported medicines.

27 Jun 2026
Novak Djokovic

Novak Djokovic is now advisor to a private equity firm

Tennis legend Novak Djokovic has been appointed as a global strategic advisor by private equity firm General Atlantic.

27 Jun 2026
Gautam Adani

US judge refuses to dismiss criminal case against Gautam Adani

A US judge has denied an immediate dismissal of the criminal case against Indian billionaire Gautam Adani.

27 Jun 2026
ChatGPT

OpenAI names Uber's Prabhjeet Singh as India MD

OpenAI has appointed Prabhjeet Singh, former President of Uber India and South Asia, as its new Managing Director for India.

26 Jun 2026
Samsung

Swatch seeks $170M from Samsung in smartwatch design dispute

Swiss watchmaker Swatch has filed a lawsuit against South Korean tech giant Samsung, seeking $170 million in damages.

26 Jun 2026
Audi

Volkswagen eyes 100,000 job cuts, factory closures

Volkswagen AG, the parent company of Porsche and Audi, is planning a major restructuring.

26 Jun 2026
Delhi

Why fuel prices in India are unlikely to drop soon

State-run oil marketing companies (OMCs) are not expected to reduce retail fuel prices anytime soon.

26 Jun 2026
Facebook

Ex-Meta employee sues company over bid to silence her

Former Meta employee Sarah Wynn-Williams is suing the tech giant for its attempts to "silence" her.

26 Jun 2026
South Korea

South Korea's Kospi index tumbles 8% as AI-driven sell-off deepens

South Korea's stock market has become a prime example of how the artificial intelligence (AI) boom is reshaping global equities.

26 Jun 2026
Goldman Sachs

Goldman Sachs raises India's growth forecast to 6.8%

Goldman Sachs has raised its real GDP growth forecast for India to 6.8% for the calendar year 2026, up from its previous estimate of 6.5%.

26 Jun 2026
IndiGo

Noida International Airport to triple flight operations from July

Noida International Airport (NIA) will nearly triple its flight operations from July 1.

26 Jun 2026
Apple

Chip maker Micron briefly surpasses Meta, Tesla in market value

Micron Technology, the leading US memory-chip manufacturer, has briefly surpassed tech giants Meta Platforms and Tesla in market capitalization.

26 Jun 2026
BigBasket

'It seemed absurd': BigBasket co-founder on early doubts about quick-commerce

BigBasket co-founder Hari Menon has admitted that he was initially skeptical about the concept of quick commerce.

26 Jun 2026
Saudi Aramco

Crude oil prices fall nearly 2% on easing supply concerns

Crude oil prices witnessed a nearly 2% decline on Friday, heading for a sharp weekly loss.

26 Jun 2026
Reserve Bank Of India (RBI)

Parliamentary panel to meet RBI on crypto regulations in India

India's Parliamentary Standing Committee on Finance will meet with officials from the Reserve Bank of India (RBI) on July 2, 2026.

26 Jun 2026
LinkedIn

Pocket FM CEO breaks silence on microdrama app shutdown

Pocket FM, a leading audio entertainment company, recently announced the shutdown of its microdrama vertical, Pocket TV.

26 Jun 2026
Goldman Sachs

AI won't cause job apocalypse, but disruption expected: Goldman Sachs

A recent report by Goldman Sachs has downplayed fears of an impending "AI job apocalypse," despite the rapid development of artificial intelligence (AI) technology.

26 Jun 2026
Apple

GIFT Nifty drops 150+ points amid global AI stock sell-off

The GIFT Nifty, an early indicator of Indian equity market performance, has witnessed a sharp decline of over 150 points.