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RBI revises Kisan Credit Card scheme: What it means
The Reserve Bank of India (RBI) has proposed revised guidelines for the Kisan Credit Card (KCC) scheme, aiming to expand coverage and streamline operations.
Muthoot Finance's Q3 profit nearly doubles year-on-year
Muthoot Finance's Q3 net profit soared 95% YoY to ₹2,656 crore. Concurrently, the company's Net Interest Income (NII) witnessed a 64% rise.
Infosys and ExxonMobil team up to cool AI data centers
Infosys has broadened its partnership with ExxonMobil to develop immersion cooling technologies for AI data centres, aiming to enhance energy efficiency.
Shadowfax Technologies posts 440% profit jump in Q3 FY26
Shadowfax Technologies saw a 65% surge in Q3 FY26 revenue, reaching Rs 1,159 crore, while profits spiked fivefold to Rs 35 crore.
Natco Pharma's Q3 profit rises 14% YoY to ₹151.3cr
Natco Pharma's Q3 consolidated net profit rose 14.3% YoY to ₹152 crore, while revenue increased by 36.3%, driven by higher export formulations and other operating income.
AI startups Anthropic, OpenAI pursue massive funding rounds
Venture capitalists are breaking traditional norms by investing in rival AI firms, Anthropic and OpenAI, reshaping the venture funding landscape.
NSE's IPO on track after board's nod: Report
The National Stock Exchange's (NSE) IPO panel has selected Rothschild to oversee its IPO process, following a transparent selection procedure.
Sensex tanks 559 points as AI doubts trigger tech sell-off
Indian equities nosedived on Thursday, with the BSE Sensex falling 559 points and the Nifty50 slipping below 25,900 due to growing concerns over artificial intelligence valuations.
TAH Global Healthcare offers all-inclusive pricing for surgeries
TAH Global Healthcare is transforming India's healthcare system by offering all-inclusive surgical packages with transparent pricing, eliminating unexpected medical bills.
SoftBank's $7.4B bet on 24 Indian startups yields $13.7B return
SoftBank has garnered approximately $7.4 billion from its exits in India, with its remaining portfolio valued at around $13.7 billion as of December 31.
Indian GCCs cut 6,000 jobs in 2025 amid global slowdown
Global Capability Centers (GCCs) in India have laid off thousands of employees in 2025.
Why airlines are opposing DGCA's cabin crew fatigue rules
India's leading airlines, IndiGo and Air India, have requested the government to reconsider its proposed fatigue management norms for cabin crew.
US-India trade talks: What is the interim agreement
This article provides an in-depth analysis of the India-US interim trade deal, discussing its background, main features, potential benefits and associated concerns.
India pulls out of Mali lithium project due to risks
India has halted its involvement in a Russian-backed lithium project in Mali due to rising security concerns and political instability in the West African nation.
IndiGo, Air India urge government to relax crew fatigue rules
India's leading airlines, IndiGo and Air India, have urged the government to reconsider proposed fatigue management rules for cabin crew.
Soon, you can pay via UPI in Malaysia
Indian travelers may soon be able to make payments in Malaysia using their Unified Payments Interface (UPI) apps.
Why GQG Partners is betting big on India
Despite a challenging investment climate, New York-based GQG Partners maintains over $24 billion in Indian assets, anticipating a recovery led by the banking sector.
16 hours a day on Instagram isn't addiction: Adam Mosseri
Adam Mosseri, the head of Instagram, has defended his platform against allegations of causing mental health issues in minors.
SoftBank posts $1.6B quarterly profit as OpenAI bet pays off
Japan's SoftBank Group has reported a net profit of 248.6 billion yen ($1.62 billion) for the October-December quarter, its fourth consecutive quarterly profit.
AI's impact will surpass COVID-19 disruption, predicts Hyperwrite CEO
Hyperwrite CEO Matt Schumer predicts a sudden, massive disruption from artificial intelligence (AI) by year's end, potentially threatening white-collar jobs.
DuitNow QR codes will soon work with UPI in Malaysia
NPCI International Payments Limited (NIPL) has signed an agreement with Payments Network Malaysia Sdn Bhd (PayNet) to enable UPI-based merchant payments in Malaysia.
Global capability centers in India: Current status and future projections
India is now the world's leading hub for Global Capability Centres (GCCs), with sector revenue surpassing $70 billion, according to NASSCOM.
SoftBank's $1.62B profit on OpenAI bet
SoftBank Group reported a net profit of $1.6 billion in Q4 2025, marking its fourth consecutive profitable quarter, largely due to the rising valuation of its investment in OpenAI.
Google offers exit packages to staff not embracing AI
Google has announced a voluntary exit package (VEP) for employees in its global business organization (GBO).
AI firm Anthropic to pay its own energy costs
Anthropic, an artificial intelligence company, has pledged to cover grid upgrade costs associated with its data center expansion to prevent a rise in consumer power bills.
Agnikul, NeevCloud to launch data centers into space
Indian space tech start-up Agnikul Cosmos is partnering with cloud company NeevCloud to host a data centre in space, addressing Earth's power and cooling constraints.
Zydus Lifesciences settles US patent dispute with $120 million payment
Zydus Lifesciences will pay Astellas Pharma $120 million to settle a U.S. patent litigation over the generic bladder disorder drug, Mirabegron.
TCS's market value dips below ₹10 lakh crore for 1st
Tata Consultancy Services Ltd. (TCS) saw its market capitalisation dip below the ₹10 lakh crore mark for the first time since December 2020, amid a global IT sector sell-off.
Gold prices fall as US payroll data reduces rate-cut hopes
Gold prices have witnessed a decline after the US non-farm payroll data for January came out stronger than expected.
Adani Power enters nuclear energy with new subsidiary
Adani Power has announced the establishment of a new atomic energy division, Adani Atomic Energy Limited.
Singapore company gifts gold plaques to long-time employees
A Singapore-based company, Chang Cheng Holdings, has spent over ₹3.5 crore on gold plaques as rewards for its long-serving employees.
Ex-Zomato employees can rejoin under new initiative by Deepinder Goyal
Deepinder Goyal, former CEO of Eternal, received over 8,000 emails after inviting ex-employees to return. Approximately half of these responses came from company 'alumni'.
Bitcoin jumps to $67,120 as US jobs data cools rate-cut hopes
Bitcoin rebounded to $67,000 after strong US jobs data dampened early rate cut expectations, while major altcoins showed mixed movements.
US hiring collapses to 181,000 in 2025, down 88% year-on-year
The US economy saw a meager job growth in 2025, with only 181,000 jobs added during the year.
ICICI Bank just edged past TCS to become India's 5th-biggest company
ICICI Bank has become India's 5th largest company by market cap, overtaking TCS as shares in the IT sector continue to fall due to fears of AI disruption.
Flipkart plans food delivery to break Zomato-Swiggy duopoly
Walmart-owned e-commerce giant Flipkart is planning to enter the highly competitive online food delivery market.
Bitcoin slips to $67,506 as US jobs data spooks investors
Bitcoin experienced a 1.03% drop, settling just above $67,500, due to increased market volatility and macroeconomic headwinds.
RBI's surprise dollar sale lifts rupee 38 paise
The Reserve Bank of India (RBI) unexpectedly sold a significant amount of dollars before market opening on Thursday, leading to a rally in the rupee.
Gold, silver prices in India today (February 12)
Gold and silver prices in India continue to rise, with gold increasing by Rs 1,000 to Rs 1.59 lakh per 10 grams and silver by Rs 10,000 to Rs 2.63 lakh per kg on February 12.
HUL's Q3 profit doubles as GST dust settles
Hindustan Unilever Ltd (HUL) reported a 120% surge in Q3FY26 net profit to ₹6,603 crore and a 5% increase in revenue to ₹16,580 crore.
Edtech PhysicsWallah's stock dips ahead of 3-month lock-in expiry
Physicswallah Ltd's shares are trading 4% lower today as the three-month shareholder lock-in period concludes, freeing up 3% of the company's outstanding equity for trading.
OpenAI disbands team working on AI safety
OpenAI has disbanded its Mission Alignment team, which was dedicated to ensuring the safety, trustworthiness, and alignment of its artificial intelligence (AI) systems with human values.
IT stocks fall 5% as AI fears rattle Infosys, TCS
Shares of Indian IT companies witnessed a sharp decline on February 12. The fall was in line with their Wall Street counterparts and was triggered by fears of AI-led disruptions.
Lenskart shares jump 10% as Q3 profit surges 6,800%
Lenskart shares have jumped over 10%, trading at around ₹517 per share today.
Louis Vuitton, Dior, Tiffany fined $24.9 million for data breaches
South Korea's privacy watchdog has fined Louis Vuitton, Dior, and Tiffany a total of $24.9 million for leaking customer information due to poor security practices.
US trade deal: Indian gems, jewelry exporters see big relief
The India-US Interim Trade Agreement has been hailed by India's gems and jewellery industry, promising to boost exports by eliminating high trade barriers.
Indian rupee gains 26 paise against US dollar
The rupee opened 26 paise higher at 90.46 against the dollar on February 12, despite strong US jobs data reducing chances of an immediate Federal Reserve rate cut.
India to revamp foreign investment rules to attract global investors
The Indian government is planning a comprehensive revamp of the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 to streamline foreign investment norms.
Why US-India trade deal is a boon for solar companies
The recent US trade deal has revitalized India's renewable energy stocks, with solar firms Insolation Energy Ltd. and Oriana Power Ltd. surging over 24% in February.
Sensex tanks over 400 points, Nifty slips below 25,850
Indian benchmark indices Sensex and Nifty experienced significant declines on Thursday due to a sharp selloff in IT stocks and stronger-than-expected U.S. jobs data.
US chipmaker fined $252 million for illegal sales to China's SMIC
Applied Materials has agreed to a $252 million settlement with the US Department of Commerce for illegally exporting chipmaking equipment to China's SMIC.
BHEL OFS opens for retail investors today: What to know
The Indian government's offer for sale (OFS) in Bharat Heavy Electricals Ltd (BHEL) opens today, with analysts suggesting it is more suitable for patient investors.
Trump, Xi to meet in April for trade talks: Report
US President Donald Trump and Chinese leader Xi Jinping may extend the current tariff truce by another year, according to a recent report.
Adani Power dives into nuclear energy, plans to phase out thermal
Adani Power has announced the creation of a new atomic energy subsidiary, Adani Atomic Energy Limited, to increase its nuclear power production.
India revamps global trade strategy to boost manufacturing exports
India is refining its global trade strategy to bolster the competitiveness of its manufacturing sector through strategic partnerships with the US and EU.
Flipkart's IPO on the horizon as it gets NCLT nod
Ecommerce giant Flipkart is reportedly exploring a potential entry into the online food delivery sector, with a pilot program planned in Bengaluru around May-June.
SME IPOs — figures and fiscal-year references not stated in source
Sebi Chairman, Tuhin Kanta Pandey, has stated that the Small and Medium Enterprises (SME) segment is under-scaled in terms of capital markets, despite regulatory efforts.
Sensex, Nifty likely to open flat today
GIFT Nifty's higher trade suggests a promising start for Dalal Street, while Asian equities continue their upward trend for the fifth consecutive session.
Japan's yen soars over 2.6% against US dollar
The US dollar faces pressure as the yen surges, buoyed by Japan's recent election results and a positive shift in market sentiment towards growth.
TCS and Honeywell join forces for fully connected, automated industries
Tata Consultancy Services (TCS) has partnered with Honeywell to assist building operators in adopting autonomous operations, aiming to improve operational efficiencies.
Elon Musk's xAI restructures ahead of IPO, ramps up hiring
Elon Musk has restructured his AI startup, xAI, after merging it with SpaceX. The move precedes a planned IPO and aims to enhance the company's effectiveness at its current scale.
Modal Labs in talks to raise funds at $2.5B valuation
AI inference startup, Modal Labs, is reportedly in discussions to raise funds at a valuation of $2.5 billion, more than doubling its previous valuation of $1.1 billion.
Pune: 85-year-old man loses ₹22cr in fake share trading scheme
Eight individuals were apprehended by Pune's Cyber Cell for defrauding an elderly man of ₹22 crore through a deceptive online share trading scheme.
Hedge fund Pershing Square invests $2B in Meta
Billionaire investor Bill Ackman has invested $2 billion into Meta, betting on its potential in the artificial intelligence sector.
Rolls-Royce to invest $1.2B in India defense sector
Rolls-Royce CEO Tufan Erginbilgic met with Prime Minister Narendra Modi to discuss scaling up the company's operations in India.
Did Gates Foundation pay or hire Epstein? Here's the truth
The Gates Foundation has publicly denied making any payments to convicted sex offender Jeffrey Epstein, following the release of related emails by the U.S. Department of Justice.
India opens insurance sector to foreign investors
The Indian government has officially amended the consolidated FDI policy, allowing 100% foreign direct investment in private insurance companies under the automatic route.
Care.fi raises $8m to speed up hospital discharge process
Gurugram-based fintech startup, Care.fi, has raised $8 million in a Series A round to simplify hospital billing processes using AI technology.
Why SEBI is launching a dedicated digital portal for SMEs
The Securities and Exchange Board of India (SEBI) is planning to launch a dedicated digital portal for small and medium enterprises (SMEs).
UBS's new GCC in Hyderabad to create 3,000 jobs
Swiss banking giant UBS has opened a new Global Capability Center (GCC) in Hyderabad.
SBI overtakes TCS to become India's 4th-largest company by m-cap
The State Bank of India (SBI) has overtaken Tata Consultancy Services (TCS) to become the fourth-largest Indian company in terms of market capitalization.
From groceries to OTT: How India is reshaping inflation basket
India's Consumer Price Index (CPI) is getting a major update.
How Coca-Cola plans to scale its Indian business in 2026
The Coca-Cola Company, a $330 billion beverage giant, is betting big on the Indian market.
Paramount amends bid to stop Netflix-Warner Bros deal: What's changed?
Paramount has intensified its hostile takeover bid for Warner Bros. Discovery (WBD), in a bid to thwart the latter's impending acquisition by Netflix.
Why Rapido's founders have given up their 'promoter' status?
The three co-founders of ride-hailing platform Rapido: Aravind Sanka, Pavan Guntupalli and Rishikesh S R, have given up their promoter tags.
Amul launches AI app to assist women dairy farmers
Amul, India's leading dairy cooperative, has launched an artificial intelligence (AI) platform called "Sarlaben."
M&M's Q3 results: Net profit jumps 33% YoY to ₹3,931cr
Mahindra and Mahindra (M&M) has reported a 32.6% year-on-year increase in its standalone net profit for the December quarter.
Ford reports $8.2B net loss as EV business bleeds $4.8B
Ford has reported a staggering net loss of $8.2 billion for the year 2025, its worst annual earnings in four years and the largest since the 2008 recession.
Who is Leslie Wexner, billionaire named co-conspirator in Epstein scandal
Leslie Wexner, the founder of L Brands and the man behind Victoria's Secret, has been suggested as a co-conspirator of Jeffrey Epstein in recently unredacted documents.
Gold, silver ETF assets surge 200% since August, cross ₹3T
The combined assets under management (AUM) of gold and silver exchange-traded funds (ETFs) have hit a new high of over ₹3 lakh crore in January 2026.
Heineken to cut 6,000 jobs amid declining beer demand
Heineken, the world's second-largest brewer by market value, has announced plans to cut up to 6,000 jobs globally.
Airtel's latest AI tool will protect you from OTP-related frauds
Telecom giant Airtel has launched an artificial intelligence (AI)-powered tool to protect its customers from the growing threat of one-time password (OTP)-related bank frauds.
Boston Dynamics CEO steps down after 3 decades at company
Boston Dynamics, the Massachusetts-based robotics company famed for its four-legged robots and humanoids, is witnessing a major leadership transition.
US updates India trade document: Check what has changed
The White House has updated its Fact Sheet on the India-US trade deal, removing "certain pulses" and softening India's $500 billion purchase commitment to an "intention."
IndiGo shares jump as airline complies with pilot duty rules
IndiGo, India's largest airline, has announced its full compliance with the updated Flight Duty Time Limitations (FDTL) regulations.
Nationwide bank strike tomorrow: These services may be impacted
Major bank unions across India have announced a nationwide strike tomorrow i.e. February 12.
Modi government might sell 5% stake in BHEL for ₹4,500cr
The Indian government is planning to divest up to a 5% stake in Bharat Heavy Electricals Limited (BHEL) through an Offer for Sale (OFS).
Are '30 Under 30' awards actually credible?
The credibility of the "30 Under 30" title has come under scrutiny, following a viral post by Indian entrepreneur Shubham Mishra.
How Modi government will tap US agricultural market worth $206B
India is poised to tap into the lucrative $206 billion agricultural import market of the United States by leveraging zero-duty and lower reciprocal tariffs.
NSE hopes Modi government will reconsider STT hike on derivatives
India's leading stock exchange, the National Stock Exchange (NSE), is hopeful that the government will reconsider its decision to raise the securities transaction tax (STT) on index and single-stock futures.
Why Apple is challenging CCI's global turnover penalty rule
Apple has filed a writ petition against the Competition Commission of India (CCI), questioning the constitutional validity of a penalty rule based on global turnover.
Goldman Sachs raises India's GDP growth forecast to 6.9%
Global investment bank Goldman Sachs has revised its growth forecast for India, raising the country's real GDP growth in calendar year 2026 (CY26) by 20 basis points to 6.9%.
Why Bangladesh's zero-duty US access is worrying Indian textile exporters
The recent US-Bangladesh trade agreement has raised concerns among Indian textile exporters.
SIP contributions rise 17% YoY to ₹31,000cr in January
Systematic Investment Plans (SIPs) have shown resilience in the face of market volatility, with monthly contributions remaining consistent at ₹31,002 crore.
ED summons Tina Ambani in money laundering case
The Enforcement Directorate (ED) has summoned Tina Ambani, wife of Reliance Group Chairman Anil Ambani, for questioning in a money laundering case.
Alphabet has announced a 100-year bond sale: Why it matters
Google's parent company Alphabet is gearing up for its biggest-ever borrowing plan, including an unusual 100-year bond.
'Addiction machines': Did Meta, YouTube harm mental health of users?
The owners of Instagram and YouTube are facing allegations of creating "addiction machines" through their platforms.
Adani facing US probe over imports of Iranian oil
The US Treasury Department has sought information from Adani Enterprises over allegations of importing Iranian oil products into India.
8th Pay Commission: Employees, pensioners can now submit submissions
The Indian government has launched the official website for the 8th Central Pay Commission (CPC), a platform where central government employees and other stakeholders can provide their inputs on salary, pension, and allowances.
Eternal, Swiggy shares jump up to 6%: Here's why
Shares of Eternal and Swiggy have hit multi-month highs today. The surge comes after Eternal's launch of an AI-powered hotline for delivery partner onboarding and increased mutual fund investments in both companies.
Gold ETF inflows jump 100% to ₹24,040 crore in January
India's gold exchange-traded funds (ETFs) witnessed a historic surge in investor interest in January.
PAN might become necessary for hotel bills above ₹1L
The Indian government has proposed major changes in the new Income Tax Rules, 2026.
Why Anthropic's expansion in India might take a hit
Anthropic, a leading artificial intelligence (AI) company, is facing a legal challenge in India over its brand name.
Gold, silver prices fall as US dollar strengthens
Gold and silver prices fell on Tuesday, after a two-day rally. The decline comes as the US dollar strengthened from a more than one-week low.
Global memory shortage adds fresh uncertainty for tech stocks
The ongoing memory chip price surge is creating a huge disparity in the stock market, with no signs of abating.
IndiGo adds backup pilots as government's FDTL relief ends
IndiGo has ramped up its pilot buffer and improved the pilot-to-aircraft ratio in anticipation of the February 10 deadline for temporary exemptions on pilot rest periods.
BYD sues US over Trump tariffs, seeks refund for levies
Chinese electric vehicle (EV) giant BYD has sued the US government over tariffs imposed during Donald Trump's presidency.
BSE rallies 6%, hits 52-week high after strong Q3 results
BSE Ltd's share price has witnessed a massive jump of 6%, hitting a new 52-week high of ₹3,178.4 per share today.
Trump backs Fed nominee Kevin Warsh, predicts 15% GDP growth
US President Donald Trump has claimed that his nominee for the Federal Reserve, Kevin Warsh, could potentially drive the country's economy to a whopping 15% growth rate.
Salesforce cuts under 1,000 jobs amid AI push
Salesforce, a leading cloud software provider, has laid off fewer than 1,000 employees this month.
Indian-origin Tesla VP Raj Jegannathan quits after 13 years
Raj Jegannathan, a prominent Indian-origin executive at Tesla, has announced his decision to leave the company after a long tenure of 13 years.
Bitcoin is better than gold: 'Rich Dad Poor Dad' author
Renowned author and investor, Robert Kiyosaki, has weighed in on the age-old debate of gold vs Bitcoin.
UP's first economic survey released: What are the highlights?
The Uttar Pradesh government has unveiled its Economic Survey, outlining a strategy to transform the state into a $1 trillion economy.
You can withdraw your EPFO corpus via UPI from April
The Employees' Provident Fund Organisation (EPFO) is gearing up to launch a new mobile app by March-end or April.
YouTuber Nitish Rajput facing ₹2.5cr defamation suit: Here's why
YouTuber Nitish Rajput is facing a ₹2.5 crore defamation suit from Eduquity Technologies, a human resource consulting firm.
JioHotstar ropes in leaders from Google, Flipkart to boost capabilities
JioHotstar is bolstering its leadership team by bringing in top executives from leading global tech companies.
Kalyan Jewellers seeks SEBI probe into alleged stock manipulation
Kalyan Jewellers has accused certain entities of manipulating its stock price and has requested the Securities and Exchange Board of India (SEBI) to intervene.
Why China has ordered banks to dump US Treasuries
Chinese regulators have asked banks to offload their holdings of US debt and treasury bonds.
Taxpayers in these cities may soon get 50% HRA exemption
The Indian government is considering expanding the list of cities eligible for a 50% House Rent Allowance (HRA) exemption under the old tax regime.
Barbeque Nation can't charge service fee at its restaurants anymore
The Central Consumer Protection Authority (CCPA) has directed Barbeque Nation Hospitality Ltd to stop charging a service fee at its restaurants.
AI Summit rush: Delhi hotel rates soar to ₹32L/night
Delhi is witnessing a major surge in demand for luxury accommodations ahead of the highly-anticipated AI Impact Summit.
India-US trade deal will be effective from next week
Union Commerce and Industry Minister Piyush Goyal has said that the recently announced 18% tariffs by the US are likely to come into effect next week.
Vodafone Idea shares up 4% today: Here we decode why
Vodafone Idea's share price witnessed a nearly 4% surge in early trade today, amid heavy buying interest.
How Embraer is strengthening its supply chain in India
Brazilian aerospace major Embraer has announced plans to strengthen its supply chain in India.
India to clock fastest growth among G-20 economies: Moody's
India's economy is expected to witness robust growth, with Moody's projecting a real GDP growth rate of 6.4% for the fiscal year 2026-27.