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Alexandr Wang, Meta Chief AI Officer, behind Muse overtook ChatGPT
Alexandr Wang, a 29-year-old MIT dropout, co-founded Scale AI and later joined Meta, where he transformed the personal AI agent Muse into an App Store sensation.
India can scale wind capacity to 300 GW by 2035
Industry stakeholders suggest India could reach 300 GW of wind capacity by 2030, driven by increased installations and government support for repowering and offshore projects.
UK bond yields reach 5.515% as Chancellor Healey faces choices
Medium-term borrowing costs for the UK government have surged to their highest level since 2007, driven by global bond selloffs amid rising inflation concerns.
GST Council scraps officers' arrest powers, raises prosecution threshold 5cr
The GST Council has eliminated the arrest powers of GST officers and increased the prosecution threshold from ₹1 crore to ₹5 crore, aiming to streamline tax enforcement.
Kerala Textile and Garments Association warns 0.4% UPI fee
The Kerala Textile & Garments Association (KTGA) strongly opposes the proposed MDR charges on UPI transactions, citing potential profit erosion and increased consumer prices.
European Commission fines Kingspan €40 million over Trimo takeover falsehoods
Kingspan, an Irish building materials firm, was fined €40m by the European Commission for providing misleading information during a merger investigation.
Nirmala Sitharaman says UPI 0.4% MDR above ₹2,000 may delay
Finance Minister Nirmala Sitharaman stated that stakeholders will determine the timing of the Merchant Discount Rate (MDR) on UPI transactions, initially set for October 15.
Italy probes Microsoft owned game makers over virtual currency transparency
Italy's antitrust authority has initiated a probe into Microsoft-owned video-game makers over virtual currency practices, as part of an EU-coordinated effort.
GST Council approves reforms for registration, returns, refunds, and enforcement
The 57th Goods and Services Tax (GST) Council has approved a series of process reforms aimed at simplifying registration, returns, refunds, and enforcement.
OpenAI hires another SpaceX executive to lead sales
OpenAI has appointed Ismail Elmas to lead sales across Europe, the Middle East, and Africa as a vice president. The move comes as part of a broader strategy to strengthen its presence in these regions.
GST Council approves 2027 process reforms to simplify tax compliance
The 57th GST Council meeting approved process reforms to simplify compliance, automate refunds, and reduce physical checks, effective April 1, 2027.
Finance minister announces GST faster refunds starting April 1, 2027
Union Finance Minister Nirmala Sitharaman announced that all GST process reforms approved by the 57th Council will be implemented starting April 1, 2027.
India and EU to sign FTA December 2026, effective mid-2027
The India-EU Free Trade Agreement is slated for signing in December, with implementation anticipated by mid-2027, according to EU ambassador Jean-Éric Paquet.
TCS partners with Porsche and Best Buy to expand AI
Tata Consultancy Services announced a strategic partnership with Porsche AG and the transition of Best Buy's India GCC into an AI Capability Center.
Karnataka launches 'Government First' offering local startups up to ₹25L
Karnataka invites local startups to develop AI-based solutions for citizen services and water management, offering work orders up to Rs 25 lakh.
JPMorgan rates Neurogene overweight with $60 target citing NGN-401
JPMorgan initiated coverage on Neurogene with an overweight rating, citing potential recovery from recent declines due to progress on its Rett syndrome treatment.
Musk lost $21B in hours: What hit his trillion-dollar fortune?
Elon Musk, the world's richest trillionaire, saw his net worth plummet by over $21 billion on Wednesday.
IVCA teams with Headstart Network Foundation to spotlight deeptech startups
IVCA collaborates with Headstart Network Foundation to co-host Bharat Pitchathon 2026 and launches the IVCA Bharat DeepTech Startups: National Pulse initiative.
IVCA convenes Bharat DeepTech Roundtable to help startups commercialize innovations
Karnataka and the Indian Venture and Alternate Capital Association (IVCA) are collaborating to develop a co-investment framework to boost DeepTech commercialization.
RBI survey: Indian households expect inflation at 10% next year
Indian households anticipate a 10% inflation rate over the next year, driven by rising living costs, as revealed by the RBI's latest survey on household expectations.
Tiger Global's $150 million OpenAI stake could yield $5B paper profit
Tiger Global's early $150 million investment in OpenAI is projected to yield a $5 billion paper profit as the AI firm aims for a $1.4 trillion valuation.
DailyObjects raises ₹332cr from 3 investors at ₹1,050cr valuation
Lifestyle accessories brand DailyObjects has raised Rs 332 crore in a funding round led by Xponentia Capital Partners, valuing the company at Rs 1,050 crore post-money.
Mint poll: India's retail inflation to reach 5.6% in September
India's retail inflation likely surged to 5.6% in September, driven by costlier food items and energy prices, according to a Mint poll of economists.
Tencent considers $5B bond sale to fund AI spending
Chinese tech giant Tencent is considering raising up to $5 billion through an offshore bond sale, Bloomberg reported.
Deutsche Bank survey: Singapore investors pressured by rates, inflation, AI
Rising interest rates, inflation, and artificial intelligence are identified as major threats to global economic growth by wealthy investors in a Deutsche Bank survey.
Dell survey finds 70% Indian organizations prioritize AI, security concerns
Around 70% of Indian organisations prioritise AI, yet security and infrastructure concerns hinder adoption, according to Dell Technologies' Modern Enterprise Readiness Study 2026.
Nifty hits 52-week low, Sensex crashes over 1,000 points
The Indian stock market witnessed a major downturn today, with the Nifty 50 index hitting its lowest point in 2026.
TCS posts 14.9% September quarter profit rise to ₹13,884 cr
Tata Consultancy Services reported a 14.9% increase in net profit to ₹13,884 crore, surpassing brokerage estimates for the September-ending quarter of 2026-27.
Oil prices jump after reports US may act in Iran
Brent crude rose to $105.36 per barrel as escalating Middle East hostilities and potential U.S. military actions in Iran heightened supply concerns.
TCS AI hits $3.1B annualized run rate, exceeds 10% revenue
Tata Consultancy Services' annualised AI revenue run rate surpassed $3 billion in the September quarter, contributing over 10% to the company's total revenue.
TCS adds 4,258 employees, headcount 598,056, attrition at 13.3%
Tata Consultancy Services increased its workforce by 4,258 employees in the September quarter, marking the third consecutive quarter of headcount growth post-restructuring.
BLS International partners with Signzy on deepfake detection for visas
BLS International has partnered with fintech company Signzy to integrate advanced document verification and fraud detection technologies into its visa and consular services.
Experian: India's retail credit loan sourcing and AUM grow 18%
India's retail credit market saw an 18% rise in assets under management, reaching ₹142 lakh crore in the June 2026 quarter, according to Experian's latest report.
TCS Q2 profit rises 4% to ₹13,884 crore
Tata Consultancy Services (TCS), India's leading IT services firm, has reported a 4% sequential rise in its consolidated net profit for the second quarter of FY27.
Paytm, MobiKwik shares fall amid potential UPI MDR postponement
Shares of One97 Communications (Paytm's parent company) and One MobiKwik Systems fell sharply on Thursday, amid uncertainty over the potential postponement of the UPI Merchant Discount Rate (MDR).
Desible.ai raises ₹32cr Seed Plus to scale BFSI AI tools
Bengaluru-based Desible.ai has raised ₹32 crore in a Seed Plus round led by Prime Venture Partners to enhance its AI platform for the BFSI sector.
Birlasoft becomes OpenAI Select Partner after stock drops 2.23%
Birlasoft Ltd has been named an OpenAI Select Partner, enabling it to build and deliver AI solutions using OpenAI's models, including GPT-6 Astra.
Jio building indigenous satellite technology for India: Akash Ambani
Reliance Jio is working on an indigenous satellite technology stack and has filed patents for the same.
ECB may raise rates again, warns policymaker Primoz Dolenc
The European Central Bank may need to raise interest rates further due to persistent inflation risks, according to ECB policymaker Primoz Dolenc.
World Bank: just over 4% Indian jobs at AI risk
Slightly over 4% of jobs in India face disruption from AI, significantly lower than the mid-teens percentage seen in developed economies, according to the World Bank Group.
Physicswallah shares up 41% this year despite 8% Sensex drop
Physicswallah shares have surged over 40% in six months, with Motilal Oswal projecting a 43% further upside, setting a target price of ₹200.
China housing may bottom by Q3 2028 after new rules
China's real estate market, after years of decline, may see a recovery as government policies reduce oversupply and stabilize prices in major cities like Beijing and Shanghai.
Edelweiss Alternatives and JEXWAY partner to upgrade Indian highways
Edelweiss Alternatives and Japan's JEXWAY have partnered to enhance India's highway management by exchanging technical expertise and investing in transport infrastructure.
Reliance Jio unveils 1,600-satellite plan as Starlink awaits final approval
Reliance Jio plans to launch 1,600 satellites to expand connectivity across India, while Elon Musk's Starlink awaits final regulatory approvals for its satellite internet services.
Energy price rise lifts Eurozone yields amid monetary policy expectations
Eurozone government bond yields rose sharply as higher energy prices fueled expectations of tighter monetary policy, with investors selling debt from heavily indebted countries.
Jio Platforms announces ₹35,000cr IPO, Akash Ambani cites shareholder value
Jio Platforms Ltd, led by Akash Ambani, plans to launch India's largest private company IPO, focusing on enhancing shareholder value and expanding technological reach.
Jamie Dimon warns AI growth hampered by power and cybersecurity
JP Morgan CEO Jamie Dimon highlights electricity as a key challenge for AI data centres, urging developers to focus on states with ample power and community support.
Air India to offer physical SIM, eSIM to international travelers
Air India has launched a new service called EasyRoam, specially designed for international travelers.
HDFC's Bagchi to become India's highest-paid bank CEO at ₹35.9cr
HDFC Bank has proposed an annual remuneration package of up to ₹35.9 crore for its incoming MD and CEO, Anup Bagchi.
Akash Ambani reveals Jio pre-6G satellite stack at Mobile Congress
Reliance Jio is advancing indigenous satellite technology and has filed pre-6G patents to bolster India's role in next-gen telecommunications, according to Chairman Akash Ambani.
Avaada Electro plans ₹7,600 cr IPO for mid November 2026
Avaada Electro Ltd., backed by Brookfield Renewable Partners, is preparing to launch a $786 million initial public offering in India as early as mid-November.
Convenience chain 7-Eleven exits India after 5 years amid competition
7-Eleven has closed all its 31 stores in India, ending its five-year presence due to mounting competition from local retailers and quick-commerce platforms.
Eutelsat OneWeb waits for India approvals, Sunil Mittal confirms delay
Bharti Airtel Chairman Sunil Mittal stated that Eutelsat OneWeb is awaiting regulatory approvals, countering Elon Musk's claims of Starlink being unfairly blocked in India.
Huawei smartphone sales outside China fall due to US sanctions
Huawei is refocusing on smartphones with homegrown chips as its electric vehicle partnerships face declining sales, aiming to regain lost market share and expand globally.
Bitcoin slips below $83,000 as yields and oil prices rise
Bitcoin fell below $83,000 amid rising US Treasury yields and a stronger dollar, with macroeconomic pressures affecting the cryptocurrency market's risk appetite.
Piyush Goyal says India aims $1T exports, sets 16% growth
India is set to achieve its $1 trillion export target this financial year, despite global economic challenges, according to Commerce and Industry Minister Piyush Goyal.
Air India to offer EasyRoam travel SIM with Tata Communications
Air India, in collaboration with Tata Communications, will offer EasyRoam travel SIM cards for international roaming, available as physical SIMs and eSIMs on a dedicated webpage.
Adani Group plans $100 billion annual investment, ₹9.7L/cr by 2033
Adani Group aims to build the capacity for $100 billion in annual investments by 2033, significantly increasing from its current target of ₹2 lakh crore this financial year.
US 30-year yield hits 24-year high
The US 30-year Treasury bond yield has hit its highest level in nearly a quarter of a century. The benchmark long-term yield touched 5.7041%, the highest level in 24 years.
Study by Sheetal Bahl finds 54.3% employees below wellbeing threshold
A recent study reveals that 54.3% of startup employees in India experience low levels of wellbeing, highlighting psychological safety as a critical factor.
Hero MotoCorp backed Euler Motors targets ₹800cr FY27, 15,000 vehicles
Euler Motors, backed by Hero MotoCorp, plans to double its revenue to over Rs 800 crore in FY27, driven by increased demand for electric four-wheelers and expanded retail presence.
Tencent explores $5B overseas bond sale after June $4.66B raise
Tencent is exploring a $5 billion offshore bond sale to enhance its AI and computing infrastructure, following a $4.66 billion bond offering in June, Bloomberg News reports.
JioHotstar brings Indian shows and films to Middle East
JioHotstar is expanding its global presence by partnering with STARZPLAY, a leading regional streaming platform.
Neelkanth Mishra says data sharing could boost India's AI economy
Neelkanth Mishra from the World Bank highlights that 99% of corporate data in India remains untapped by AI, urging controlled data sharing to unlock economic benefits.
Manus raises over $500M in 1st funding round post-Meta split
Manus, a leading artificial intelligence (AI) start-up, has raised over $500 million in its first funding round since its split from Meta Platforms.
Noida International Airport and the ePlane Company plan e200X vertiports
Noida International Airport has signed an MoU with The ePlane Company to develop infrastructure for eVTOL aircraft, including vertiports and charging stations.
RBI raises repo rate to 5.5% as Indian markets fall
Indian stocks plunged as the Sensex dropped over 700 points and Nifty fell to 22,339 following the RBI's decision to raise the repo rate to 5.5 per cent.
Akash Ambani urges homegrown tech, Narendra Modi warns deepfakes
Akash Ambani emphasized the need for an indigenous technology stack in India, highlighting Jio's commitment to affordable solutions at the India Mobile Congress.
Goldman Sachs says AI will transform how finance careers develop
Goldman Sachs warns that AI will eliminate traditional middle management roles, as new hires manage AI agents from the start, reshaping career paths in the financial industry.
CMAI and 1Lattice: India's rural shoppers fuel $146.3B apparel market
India's apparel market, the fourth-largest globally, is projected to grow from $95.7 billion in 2025 to $146.3 billion by 2029, driven by evolving consumer preferences.
Motilal Oswal gives L&T buy call, ₹4,400 target, India focus
Motilal Oswal recommends a buy rating for Larsen and Toubro, setting a target price of Rs 4400, citing strong order inflows despite challenges in the Middle East.
Jeff Bezos says AI could cut workweek to 3 days
Jeff Bezos suggests that advances in AI could boost productivity, allowing individuals to work as little as three days a week while maintaining their financial needs.
Sunil Bharti Mittal backs Jio IPO aiming for 11L/cr valuation
Bharti Airtel chairman Sunil Bharti Mittal expressed optimism about Jio Platforms' upcoming IPO, anticipating a successful public listing at the India Mobile Congress in New Delhi.
BofA predicts Nifty 26,200 by December, 10-15% FY earnings growth
BofA Securities has upgraded its stance on Indian equities, projecting the Nifty to reach 26,200 by year-end as earnings improve and valuations become more attractive.
Motilal Oswal recommends buy on Physicswallah with ₹200 target
Motilal Oswal recommends a buy rating for Physicswallah, setting a target price of Rs 200, citing strong online growth and promising offline profitability prospects.
AI cuts Indian graduate jobs while colleges add AI courses
AI advancements are reducing entry-level job opportunities for Indian graduates in tech hubs, as companies automate tasks traditionally performed by new hires.
Sensex falls nearly 800 points: What's behind today's decline?
India's benchmark indices, the Sensex and Nifty, witnessed a sharp decline on Thursday.
InMobi: 80% of Indian shoppers ready for AI shopping assistants
E-commerce companies are leveraging AI to address regional diversity and enhance customer experiences during India's festive sales, improving personalization and delivery accuracy.
TSMC posts September revenue NT$511.86 billion, up 54.6% annually
Taiwan Semiconductor Manufacturing Co reported a 54.6% year-over-year increase in September revenue, reaching 511.86 billion New Taiwan dollars ($16.03 billion).
SEBI seeks more women's participation in India's capital markets
Women constitute 25% of participants in India's capital market, according to SEBI Chairman Tuhin Kanta Pandey, highlighting the need for broader financial inclusion.
HDFC Bank shares slip 1% to ₹684.25 after repo hike
HDFC Bank shares have declined 4% in October, influenced by the Reserve Bank of India's recent repo rate hike and ongoing market volatility.
Samsung Q3 profit seen surging 782% to record $80B
Samsung Electronics has projected a staggering nine-fold increase in its quarterly profit year-on-year.
Sollfege Smart Electronics shares fall to lower circuit after debut
Sollfege Smart Electronics shares listed at a 90% premium but hit a 5% lower circuit on the BSE, following their initial public offering success.
India rejects Musk's 'oligarchs' allegation over Starlink hurdles
The Indian government has refuted SpaceX CEO Elon Musk's allegations that "certain oligarchs" are hindering the launch of his satellite internet company, Starlink, in India.
Sriram Krishnan assembling $500 million fund for US security AI
Sriram Krishnan, ex-White House AI advisor, aims to raise $500 million for a venture fund targeting growth-stage AI companies aligned with US national security.
Bitcoin drops to $82,227 amid stronger dollar and rising yields
Bitcoin fell to a nearly 3-week low of $82,227 on October 8, as heightened selling pressure and a stronger dollar impacted investor sentiment.
Amazon cuts nearly 1,000 jobs, mainly in retail
Amazon has confirmed a fresh round of job cuts, mainly in its Stores unit that runs the main e-commerce website.
Groww adds 101,000 clients in September, gains 29.16% NSE share
Groww accounted for 48% of NSE's net active client additions in Q2 FY27, adding 324,000 clients and solidifying its position as the largest digital brokerage platform.
How InMobi is using AI to transform India's tourism
InMobi, a leading technology company and India's first unicorn, has announced its plan to leverage artificial intelligence (AI) to promote tourism in India.
Motilal Oswal recommends Tata Consumer Products at ₹1,230 target
Motilal Oswal recommends a buy rating for Tata Consumer Products, setting a target price of Rs 1230, citing strong growth prospects and strategic portfolio expansion.
EverestIMS shares open at ₹126 on BSE SME, up 48.23%
EverestIMS Technologies shares opened at Rs 126 on the BSE SME platform, marking a 48.23% premium over the IPO price of Rs 85 per share.
Finance Minister Nirmala Sitharaman leads GST Council to simplify compliance
The 57th GST Council meeting in New Delhi focuses on procedural reforms, aiming to simplify the tax system for businesses and taxpayers without altering broad-based tax rates.
Rupee inches up to 96.65 amid likely RBI intervention
The rupee gained 10 paise to trade at 96.65 against the US dollar, supported by likely Reserve Bank of India intervention amid global and domestic pressures.
Rupee opens at 96.71, gains 10 paise as banks intervene
The rupee appreciated by 10 paise to reach 96.65 against the US dollar, opening at 96.71 amid global dollar strength and elevated crude prices.
Elon Musk loses over $21 billion after SpaceX shares drop
Elon Musk's net worth dropped by over $21 billion as SpaceX shares fell following reports of a $40-billion financing plan to purchase Nvidia AI chips.
Nityas Gems and Jewellery shares open, market cap ₹472.26 cr
Nityas Gems and Jewellery shares listed at a 9.33% premium on the BSE, outperforming grey market expectations, with strong retail investor interest driving demand.
Blue Origin could go public in coming years: Jeff Bezos
Jeff Bezos, the billionaire founder of Blue Origin, has hinted that the space company may go public in the coming years.
AMD's Lisa Su visits South Korea, teams with AI companies
AMD CEO Lisa Su met with Korean AI companies to explore partnerships, aiming to integrate Korean AI chips with AMD processors and expand their global market presence.
Larry Ellison's son invests $17B in Paramount-Warner Bros. merger
David Ellison, the son of Oracle co-founder Larry Ellison, has invested some $17 billion to help Paramount acquire Warner Bros. Discovery Inc.
Sensex down 249.87, Nifty down 82.20 as Asian markets slip
The domestic equity market indices opened lower, with the BSE Sensex down 249.87 points and Nifty trading below 22,550 amid weak global cues and sectoral declines.
TCS shares jump 2.57% after $1.45B deal ahead of earnings
TCS shares increased by 2.57% as investors anticipate the company's Q2 results, with a focus on margin stability and its expanding AI initiatives.
Paytm, Pine Labs, MobiKwik shares fall amid MDR delay fears
Shares of Paytm, Pine Labs, and MobiKwik fell up to 10% after news of a possible deferment in the Merchant Discount Rate (MDR) rollout emerged.
SBI Research predicts 6% RBI repo rate by December
The Reserve Bank of India could raise the repo rate by 50 basis points to 6% by December, according to SBI Research, amid rising inflation and capital outflows.
RBI likely sold US dollars to strengthen rupee at 96.6825
The Reserve Bank of India reportedly sold dollars at market open on Thursday, strengthening the rupee to 96.6825 per dollar, as it approached its all-time low.
Indian rupee nudges 96.71 as dollar softens, European bonds calm
The Indian rupee opened slightly higher at 96.71 per dollar, while Asian currencies showed mixed performance against the US dollar, with the Indonesian rupiah leading gains.
Tata Steel quarterly sales slip despite India volume growth
Tata Steel's consolidated sales dipped slightly to 7.96 million tonnes in September, compared to 8.02 million tonnes last year, mainly due to weaker overseas performance.
Ellison family invests $17B in $110B Warner Paramount merger
David Ellison and his family invested approximately $17 billion to facilitate Paramount Skydance Corp.'s acquisition of Warner Bros. Discovery Inc., according to public filings.
NTPC plans 30GW nuclear capacity by 2047 across 14 states
NTPC has selected three locations in Madhya Pradesh, Bihar, and Odisha for new nuclear power plants, aiming to add 30GW of capacity across 14 states by 2047.
Jeff Bezos says Blue Origin likely to pursue IPO
Jeff Bezos announced that Blue Origin is likely to pursue an initial public offering in the coming years, following a $10 billion funding round from outside investors.
Oil and gold climb on Middle East supply worries
Oil prices increased due to Middle East supply concerns, while gold edged higher as the dollar eased from its recent peak.
Maharashtra Seamless announces split into 2 companies pending approvals
Maharashtra Seamless Ltd. shares gained attention after the board approved the demerger into MSL Seamless Tubes Ltd. and United Seamless Ltd., pending necessary approvals.
DHL Globalization Tracker: AI products boost global trade 4.6% 2026
Global goods trade is projected to grow 4.6% this year, driven by AI demand, despite challenges from Trump-era tariffs and geopolitical tensions, according to the DHL-Stern report.
Gold rises 0.4% amid Fed scrutiny, recovers 2 month low
Gold prices rose by 0.4% after reaching their lowest since August, as investors await US Federal Reserve interest rate decisions amid geopolitical tensions and economic challenges.
Ola Electric to raise ₹1,000cr with rights issue at ₹27
Ola Electric has approved a ₹1,000 crore rights issue at ₹27 per share, with shareholders eligible for two rights shares per 25 shares held as of October 13.
Amazon cuts under 1,000 white-collar roles as Prime-Big-Deal-Days sale starts
Amazon has confirmed new job cuts in its Stores unit during a major sales event, aligning with ongoing workforce reductions due to overhiring during the pandemic.
U.S.-Iran tensions, White House military options lift Brent to $101
Oil prices surged as Brent crude exceeded $101 a barrel following reports that the White House requested military strike options against Iran ahead of the US midterm elections.
GST Council proposes court order before arrests and expanded ITC
The GST Council's 57th meeting in New Delhi will propose reforms targeting input tax credits, refund processes, and arrest powers to streamline tax administration under GST 2.0.
Mecka AI raises $60 million to train robots with human motion
Mecka AI, founded in 2024, raised a $60 million Series B round led by Sequoia to enhance its human motion data collection for training humanoid and other robots.
India's clean energy plans hit by battery storage project cancelations
India's transition to green energy faces challenges as aggressive bidding and contract cancellations threaten the viability of battery energy storage projects.
Samsung posts biggest-ever quarterly 107.4 trillion won profit on AI
Samsung Electronics anticipates a record third-quarter operating profit of $80.2 billion, driven by soaring demand for memory chips used in artificial intelligence infrastructure.
Anthropic seeks $2 trillion IPO valuation, New Constructs criticizes
Research firm New Constructs labels Anthropic's upcoming IPO as "the most ridiculous of 2026," citing its $2 trillion valuation target and significant operating losses.
S&P 500, Nasdaq retreat after records as yields, oil surge
Wall Street closed lower as long-dated US Treasury yields climbed, reviving inflation fears and snapping the S&P 500 and Nasdaq's record highs from the previous day.
Pernod Ricard India applies for public limited status, asks vendors
Pernod Ricard India is transitioning from a private to a public entity, positioning itself for a potential IPO while enhancing supply chains to prevent disruptions.
Sharjah targets $3B Indian investment by 2027 via Khorfakkan port
Sharjah aims to attract $3 billion from Indian investors by 2027, leveraging the strategic expansion of Khorfakkan port amid disruptions in traditional shipping routes.
Federal Reserve signals possible 2026 rate hike to curb inflation
Most Federal Reserve officials anticipate another interest rate increase in 2026 to combat persistent inflation, according to minutes from the latest central bank meeting.
Volkswagen, JSW Group propose JV to launch 2 locally-assembled EVs
Volkswagen Group, in partnership with JSW Group, is set to revamp its India strategy, focusing on local production and electric vehicle launches to enhance competitiveness.
What RBI's 'calibrated tightening' stance means
The Reserve Bank of India (RBI) has raised its key repo rate by 25 basis points to 5.5%.
Indian rupee slips to ₹96.78 as RBI turns more hawkish
The Indian rupee has weakened against the US dollar, closing at a five-month low of ₹96.78 per dollar. This is down from its previous close of 96.43 per dollar.
Jio IPO could trigger re-rating for Reliance
The proposed IPO of Jio Platforms could significantly benefit Reliance Industries Ltd (RIL), says Motilal Oswal Financial Services.
India's Venezuelan oil imports to hit 7-year high this October
India is set to boost its Venezuelan oil imports this month, with shipments expected to touch about 465,000 barrels a day. This would be the highest level since December 2019.
India's forex reserves drop for 4th consecutive week to $734.6B
India's foreign exchange reserves have witnessed a decline for the fourth consecutive week, now standing at $734.6 billion.
RBI hikes repo rate: What it means for your loans
The Reserve Bank of India's (RBI) decision to raise the repo rate by 25 basis points to 5.5% has a major impact on borrowers and savers.
Airtel's postpaid plans now offer free international roaming
Airtel has introduced a range of new postpaid plans, starting at ₹499. The highlight of these plans is the inclusion of one free international roaming trip per SIM every year.
RBI raises FY27 inflation forecast to 5.2%
The Reserve Bank of India (RBI) has revised its Consumer Price Index (CPI) inflation forecast for the fiscal year 2026-27 to 5.2%. This is an increase from the earlier estimate of 5%.
This Urban Company rival lets you set the price
DUTIBOOK is a Gurugram-based home services app that gives users more control over how they book and pay for everyday services.
Paramount and Warner merge to create new media giant Skydance
The merger between Paramount and Warner Bros. Discovery has been completed today, creating a new entertainment giant called Skydance.
Starlink data of Indian users will stay within the country
Elon Musk's satellite communication company Starlink has announced the establishment of 20 gateway sites in India.
Meet Amit Kumar, interim India head of Google Cloud
Google Cloud has appointed Amit Kumar as the interim head of its India operations.
ESOP crisis: Flipkart's former executives seek 'fair treatment' from Walmart
Over 30,000 current and former Flipkart employees are collectively owed around $4 billion (₹38,000 crore) in employee stock option (ESOP) buybacks that Walmart has yet to process.
RBI to include bank deposits in consolidated account statements
The Reserve Bank of India (RBI) is working to expand the scope of its Consolidated Account Statement (CAS).
Uber has acquired a catering business for $2.3B
Uber has announced the acquisition of leading US catering platform ezCater, in a deal worth $2.3 billion.
RBI greenlights interoperability between account aggregators: How it helps you
The Reserve Bank of India (RBI) has announced a major step toward simplifying the sharing of financial information among consumers.
RBI raises FY27 growth forecast to 7.1% from 6.7%
The Reserve Bank of India (RBI) has revised its real GDP growth projection for the fiscal year 2026-27 (FY27) from 6.7% to a higher 7.1%.
Alexa architect Rohit Prasad named CEO of Boston Dynamics
Boston Dynamics, the robotics arm of Hyundai Motor Group, has announced the appointment of Rohit Prasad as its new Chief Executive Officer (CEO).