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Business News

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27 Jun 2026
TL;DR

Sagar Adani says electrification crucial as India needs 2,000 GW

India must add nearly 2,000 GW of power capacity in two decades to meet rising demand and reduce fuel imports, says Adani Green Energy Executive Director Sagar Adani.

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
TL;DR

IMF outgoing chief economist Pierre-Olivier Gourinchas says AI raises prices

The IMF warns that artificial intelligence is driving inflation by boosting consumer spending through rising household wealth and increasing costs in tech supply chains.

27 Jun 2026
TL;DR

Anthropic discloses H-1B pay ₹1.27 cr to ₹13.06 cr pre-IPO

Anthropic's H-1B filings reveal its lowest-paid hire earns over ₹1 crore annually, while a top technical staff member receives a staggering ₹13.06 crore in base salary.

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
TL;DR

CambrianEdge.ai report: 18% abandoned AI projects as collaboration fails

Nearly 18% of organisations have abandoned AI projects due to quality and adoption failures, with inadequate human-AI collaboration emerging as a key obstacle, a report reveals.

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
TL;DR

Central government employees and pensioners seek ₹69,000 minimum pay

A central government employee body has proposed a 3.83 fitment factor and a minimum salary of Rs 69,000, potentially leading to significant pay hikes under the 8th Pay Commission.

27 Jun 2026
TL;DR

Prime Day deals continue through June 27 starting at $10

Snag post-Prime Day deals on fashion, beauty, and home essentials starting at just $10. Highlights include a $14 maxi dress, $15 wireless bra, and $10 collagen cream.

27 Jun 2026
TL;DR

JPMorgan Chase loses last women CEO contenders as co presidents

JPMorgan once positioned two women as potential successors to CEO Jamie Dimon, but recent management changes have left no female candidates in the running for the top role.

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
TL;DR

Amit Shah launches India's 1st driver-owned Bharat Taxi in Gujarat

Union Home Minister Amit Shah inaugurated Bharat Taxi, India's first driver-owned ride-hailing platform, in Gujarat, initially rolling out services across 14 major cities.

27 Jun 2026
TL;DR

Auroactive Pharma completes FDA inspection, 2 observations in Andhra Pradesh

Aurobindo Pharma's subsidiary, Auroactive Pharma, completed a US FDA inspection at its Andhra Pradesh facility with two observations, which the company plans to address promptly.

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
TL;DR

Piyush Goyal unveils 1,000 advisors for CETA, targets £25.5 billion

Union Minister Piyush Goyal revealed plans to deploy 1,000 advisory personnel nationwide to help businesses leverage India-UK CETA advantages.

27 Jun 2026
TL;DR

ITC chairman Sanjiv Puri earned ₹23.91cr in FY26 down 6.8%

Sanjiv Puri, ITC Chairman and Managing Director, saw his total remuneration drop by 6.8% to Rs 23.91 crore in FY26, driven by reduced performance bonuses and long-term incentives.

27 Jun 2026
TL;DR

FSSAI puts SAJ food products on notice over atta labeling

FSSAI has issued a notice to SAJ Food Products over alleged misleading claims on its “Eat Fit Digestive Biscuits,” citing discrepancies in labeling and marketing practices.

27 Jun 2026
TL;DR

BlackRock's IBIT loses $860 million as Bitcoin ETFs suffer $1.3B outflows

Bitcoin ETFs saw over $1.3 billion in withdrawals last week, contributing to a staggering $4.5 billion outflow this year as investors retreat amid a deepening crypto slump.

27 Jun 2026
TL;DR

Income tax filing deadlines ITR-1/ITR-2 July 31 businesses August 31

The ITR filing deadlines for FY 2025-26 vary by taxpayer category, with salaried individuals due by July 31, 2026, and non-audit business cases extended to August 31, 2026.

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.

27 Jun 2026
TL;DR

China's industrial profits rise 21.1% in May amid weak demand

China's industrial profits rose 21.1% in May, driven by factory output and exports, despite slowing growth and weak domestic demand highlighting structural economic imbalances.

27 Jun 2026
TL;DR

Persistent Systems to buy Nagarro SE for €81 per share

Persistent Systems will acquire German firm Nagarro SE for €81 per share, creating a $2.9-billion AI-led engineering services company with over 46,000 employees globally.

27 Jun 2026
TL;DR

Apple seeks US approval to buy chips from blacklisted CXMT

Apple is lobbying the Trump administration to source memory chips from China's CXMT, despite Pentagon restrictions, aiming to mitigate financial strain from soaring chip costs.

27 Jun 2026
TL;DR

ICAI launches advanced AICA Level 3 certification in New Delhi

ICAI inaugurated the AI Innovation Summit 2026 in New Delhi, unveiling the AICA Level 3 certification and signing an MoU with Sarvam AI to enhance AI training and research.

27 Jun 2026
TL;DR

SpaceX set to join Nasdaq-100 July 7, $4.3B inflows possible

SpaceX's inclusion in the tech-heavy Nasdaq 100 index is expected to drive $4.3 billion in passive inflows, boosting its stock as ETFs replicate the index's performance.

27 Jun 2026
TL;DR

President Trump threatens 100% tariffs on countries taxing American tech

A digital services tax is a levy on revenue earned by tech companies within a country. Trump opposes it, threatening 100% tariffs on nations implementing such taxes.

27 Jun 2026
TL;DR

US judge asks DOJ why it dropped Adani fraud charges

A US judge has demanded further justification from the Justice Department for dropping criminal charges against Indian billionaire Gautam Adani, delaying an immediate dismissal.

27 Jun 2026
TL;DR

India's biggest IT firms spent $6.8B, only $300 million on cybersecurity

Indian IT firms have invested just 4.4% of their acquisition spending on cybersecurity since 2020, while global rival Accenture aggressively expands its cyber defence portfolio.

27 Jun 2026
TL;DR

S&P Global Ratings keeps US at AA+ citing steady growth

S&P Global Ratings maintained the US sovereign credit rating at AA+ with a stable outlook, citing economic resilience and stable fiscal deficits despite high debt levels.

27 Jun 2026
TL;DR

FTC approves Elon Musk acquisition of Mesh Optical Technologies

The FTC has expedited its antitrust review, allowing Elon Musk to proceed with acquiring Mesh Optical, a startup founded by former SpaceX engineers.

27 Jun 2026
TL;DR

West Asia conflict hits India's semiconductor timelines, experts warn

India's semiconductor projects, including Tata Electronics' Dholera fab, face potential delays as the West Asia conflict disrupts supply chains for critical materials and gases.

27 Jun 2026
TL;DR

Power cuts and diesel limits squeeze India's small businesses

India's MSMEs face production disruptions due to frequent power cuts and restricted diesel purchases, exacerbated by the ongoing West Asia conflict and rising energy costs.

27 Jun 2026
TL;DR

Tata Sons FY26 rebound: nearly ₹42,000cr income, around ₹32,000cr profit

Tata Sons reported a net profit of ₹32,000 crore in FY26, recovering from the previous year’s decline, while doubling its dividend payout to Tata Trusts to over ₹3,000 crore.

27 Jun 2026
TL;DR

United States considers raising tariffs on Indian goods to 25%

The US Treasury has signaled a potential return to pre-adjusted tariff rates, as India negotiates for competitive advantages in a new trade deal with Washington.

27 Jun 2026
TL;DR

Alphabet joining Dow Jones June 29 in S&P Global shakeup

Alphabet, Google's parent company, will replace Verizon in the Dow Jones Industrial Average on June 29, reflecting the index's shift toward technology and digital businesses.

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.

26 Jun 2026
Delhi High Court

Delhi HC orders Meesho to remove fake Jockey listings

The Delhi High Court has ordered e-commerce giant Meesho to remove product listings that allegedly violate the trademark of American innerwear and apparel brand Jockey, according to Bar & Bench.

Why OpenAI is delaying its IPO to 2027

OpenAI, the company behind the popular AI chatbot ChatGPT, is considering delaying its initial public offering (IPO) until 2027, according to The New York Times.

26 Jun 2026
CRED

CRED introduces AI coach to help users understand credit scores

Fintech platform CRED has launched an innovative artificial intelligence (AI)-powered credit coaching feature.

26 Jun 2026
JP Morgan

JPMorgan promotes two veterans in race to succeed Jamie Dimon

JPMorgan Chase has announced a major management overhaul, promoting two of its long-serving executives, Troy Rohrbaugh and Doug Petno, as co-presidents.

26 Jun 2026
Anthropic

SoftBank shares slide 13% amid reports of OpenAI IPO delay

SoftBank Group Corp's shares fell by as much as 13% on Friday.

26 Jun 2026
Startups

Om Malik, a legendary tech journalist, passes away at 59

Om Malik, the founder of technology-focused analyst firm and media company Gigaom, has died at the age of 59. He breathed his last on June 24 at Stanford Hospital.

25 Jun 2026
Iran

Government lifts all curbs on commercial LPG supply

The Ministry of Petroleum and Natural Gas has announced the removal of all sectoral restrictions on the supply of non-domestic packed LPG and restored supplies to the levels prevailing prior to the West Asia crisis.

25 Jun 2026
United States of America

EU approves tariff measures to implement trade deal with US

The European Union (EU) has approved two regulations to implement tariff commitments under the EU-US Joint Statement of August 21, 2025.

25 Jun 2026
Walt Disney

Disney pays $50M to settle claims it inflated streaming costs

The Walt Disney Company has agreed to a $50 million settlement with subscribers of YouTube TV and DirecTV's live TV streaming services.

25 Jun 2026
Apple

Ferrari's marketing chief leaves amid Luce controversy

Ferrari's Chief Marketing and Commercial Officer Enrico Galliera has decided to leave the company after 16 years of service.