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Six of top 10 firms add 74,111.57cr, Reliance gains 25,000cr
The combined market valuation of six out of the top-10 most valued firms surged by ₹74,111.57 crore last week, with Reliance Industries leading the gains at ₹24,696.89 crore.
Higher customs duty pushes India's gold discount to nearly ₹462
Gold prices in India are trading at a ₹450/g discount after the government doubled import duty to 15%, impacting demand and encouraging smuggling activities.
LIC posts ₹23,420 cr for March 2026 quarter, tops peers
State-owned Life Insurance Corporation of India (LIC) reported a record net profit of Rs 23,420 crore in the March quarter, surpassing all other financial sector firms in India.
Palo Alto Networks CEO Arora calls AI mass layoffs fallacy
Palo Alto Networks CEO Nikesh Arora argues that AI-driven productivity boosts won't reduce workforce needs but instead enable tackling backlogs and innovation.
AI to impact back-office, data-reporting and customer-service jobs in India
AI is poised to disrupt up to 28% of back-office, data, and customer service roles in India by 2026, as companies face significant digital skill shortages, a SHRM report reveals.
PFRDA launches RIS 2026 letting NPS withdraw until age 85
The PFRDA’s new Retirement Income Scheme (RIS) lets retirees withdraw their non-annuitized NPS corpus gradually until age 85, offering flexible payout options.
Indians sent $1.09 billion abroad for travel in March 2026
Indians spent $623 million on holidays and international credit card settlements in March 2026, reflecting a strong appetite for overseas experiences despite rising airfares.
Nestle India, WeWork India and Swiggy introduce pet friendly policies
Indian companies like Nestlé, WeWork, and Swiggy are embracing pet-inclusive policies to reduce employee stress, boost morale, and foster a more empathetic workplace culture.
David Solomon says AI will free workers for meaningful work
Goldman Sachs CEO David Solomon predicts automation will transform work by eliminating repetitive tasks, enabling workers to focus on complex, strategic challenges.
Bihar approves 20 industrial projects, ₹350cr expected, 2,300 jobs
Bihar approves 20 industrial projects worth ₹350 crore, allocating 30 acres of land and creating 2,300 job opportunities across diverse sectors to drive economic growth.
Google appeals antitrust ruling over alleged search and advertising monopolies
Google has appealed a 2024 antitrust ruling that accused the tech giant of illegally maintaining monopolies in online search and advertising.
India's forex spends slip 2% as education spending abroad falls
The total outward remittances under the Liberalized Remittance Scheme (LRS) have fallen by some 2% in FY26.
mAadhaar app retiring soon: How to set up new one
The Unique Identification Authority of India (UIDAI) is retiring the mAadhaar app in favor of a new Aadhaar platform.
FIIs pull out ₹30,374cr from Indian equities in May
Foreign institutional investors (FIIs) have sold Indian equities worth ₹2.22 lakh crore in 2026, continuing their net selling streak for the third consecutive month.
Gold could hit $100,000 per ounce, says Robert Kiyosaki
Robert Kiyosaki, the author of Rich Dad Poor Dad, has warned of an impending stock market crash.
Glenmark Pharmaceuticals to pay $30M in US antitrust case
Glenmark Pharmaceuticals has announced that its US subsidiary will pay $29.6 million (approximately ₹284 crore) to settle antitrust and consumer protection litigation.
LIC aims for double-digit revenue growth in FY27
The Life Insurance Corporation of India (LIC) is targeting double-digit revenue growth and margin expansion in FY27.
Piyush Goyal to visit Canada to boost trade ties
India's Minister of Commerce and Industry, Piyush Goyal, will visit Canada from May 25-27. He will be leading a delegation of some 150 Indian industry leaders.
Uber now lets you book Pune Metro tickets
Pune Metro commuters can now book QR-based metro tickets directly through the Uber app.
SEC delays plan for crypto versions of US stocks
The US Securities and Exchange Commission (SEC) has postponed its plan to allow cryptocurrency firms to trade tokenized assets linked to stocks, according to Bloomberg.
This Bain Capital-backed firm wants to raise ₹1,400cr via IPO
Bain Capital-backed Dhoot Transmission Limited has filed its updated Draft Red Herring Prospectus (UDRHP-1) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).
India to have complete semiconductor supply chain soon: Modi
Prime Minister Narendra Modi has announced the development of a complete semiconductor supply chain in India.
IndusInd Bank now offers work-from-home option to more employees
IndusInd Bank has announced the expansion of its roster-based work-from-home (WFH) framework to more departments, following its successful adoption across select teams.
India's gross FDI inflows in FY26 hit a record $94.5B
India's gross foreign direct investment (FDI) inflows for the fiscal year 2025-26 have hit a record high of $94.53 billion, according to data from the Reserve Bank of India (RBI).
Eicher Motors' Q4 results: Profit rises 12% YoY to ₹1,520cr
Eicher Motors has reported a 12% year-on-year (YoY) rise in its consolidated net profit for the fourth quarter of FY26.
India's forex reserves fall by $8.09B to $688.894B
India's foreign exchange reserves have witnessed a major decline, falling by $8.094 billion to settle at $688.894 billion for the week ending May 15, data from the Reserve Bank of India (RBI) revealed.
Adani pays ₹6,000cr to lenders of Jaiprakash Associates
Adani Group has paid ₹6,000 crore to the lenders of Jaiprakash Associates. The payment is the first installment of a larger ₹14,535 crore resolution plan.
Why NRIs pulled out $2B from Indian banks in March
The Indian diaspora withdrew almost $2 billion from local banks in March, according to data from the Reserve Bank of India (RBI).
Indians remitted $2.59B overseas in March, says RBI
Indians had remitted $2.59 billion overseas in March 2026 under the Reserve Bank of India's (RBI) Liberalized Remittance Scheme (LRS).
Indian Oil Corporation denies reports of fuel shortage
Indian Oil Corporation (IOC), the largest oil company in India, has denied reports of a nationwide fuel shortage.
Apple takes Epic Games to court over commissions again
Apple has challenged a ruling in its ongoing legal battle with Epic Games over App Store commissions.
Anthropic poised to become the world's most valuable AI start-up
Anthropic, an artificial intelligence (AI) start-up founded in 2021 by former OpenAI employees, is on the verge of raising over $30 billion in its latest funding round.
CCI closes case against 12 Delhi hospitals after decade-long probe
The Competition Commission of India (CCI) has closed a decade-old case against 12 hospitals in Delhi, including Max Super Specialty Hospital and Fortis Escorts Institute.
Kevin Warsh sworn in as new Fed chair
Kevin Warsh has officially taken the oath of office as the new chairman of the US Federal Reserve.
Rupee at record low boosts UAE dirham remittances to India
The Indian rupee has hit a new low against the UAE dirham, prompting a surge in remittances from Indian expatriates in the Gulf region.
RBI transfers record ₹2.87 lakh crore surplus to government
The Reserve Bank of India (RBI) has announced a record surplus transfer of ₹2.87 lakh crore to the central government for the fiscal year 2025-26 (FY26).
Rupee slump forces India to rethink import strategy
Union Minister Piyush Goyal has said that the Indian government is keeping a close eye on the rapidly depreciating rupee against the US dollar.
Pixxel seeks $100M funding after Deepinder Goyal opts out
Pixxel, a Bengaluru-based space tech start-up, is in talks to raise between $80 million and $100 million in its latest funding round.
Steel Ministry seeks removal of anti-dumping duty on met coke
India's Ministry of Steel has requested the Finance Ministry to remove anti-dumping duties on low-ash metallurgical coke imports.
SEBI issues temporary WFH advisory, postpones non-essential events
The Securities and Exchange Board of India (SEBI) has issued a temporary administrative advisory, allowing work-from-home for its employees, according to Moneycontrol.
Samsung averts strike with deal offering an average $338,000 bonus
Samsung Electronics has averted a planned 18-day strike by reaching a tentative agreement with labor unions.
Gaming studio Bungie to fire staff amid 'Destiny 2' shutdown
Bungie, the studio behind the popular Destiny franchise, is reportedly planning a round of layoffs.
US states urge judge to break up Live Nation, Ticketmaster
A coalition of 33 US states and the District of Columbia has filed a motion in the Southern District of New York, calling for the breakup of Ticketmaster and its parent company, Live Nation.
IMAX in early-stage talks for potential sale
IMAX, the giant behind the big-screen experience, is in early-stage talks with potential buyers, according to The Wall Street Journal.
Oil prices rise as US-Iran talks remain uncertain
Oil prices have resumed their upward trend after a three-day slump, amid uncertainty over the US-Iran peace deal negotiations.
Meta settles lawsuit over social media addiction in children
Meta, the parent company of Facebook and Instagram, has settled a major lawsuit with the Breathitt County School District in Kentucky.
RBI may transfer ₹2.9-3.2 trillion surplus to government
The Reserve Bank of India (RBI) is set to make a record surplus transfer to the central government for the current fiscal year.
This Indian-origin Musk ally could make $92B from SpaceX IPO
Antonio Gracias, an Indian-origin investor and close associate of Elon Musk, stands to gain a massive windfall from SpaceX's upcoming IPO.
X fined in Australia for not complying with child-safety measures
Elon Musk's social media platform, X Corp, has been fined A$650,000 (nearly $463,063) by an Australian court.
WeWork India shares surge 20% after strong Q4 results
WeWork India Management Ltd's shares hit the upper circuit limit of 20% on Thursday, following a stellar performance in its fourth quarter (Q4) earnings.
What Meta is offering thousands of laid-off employees
Meta Platforms has started laying off around 8,000 employees globally. The move is part of a larger organizational restructuring aimed at improving efficiency and reallocating resources.
SpiceJet faces fresh legal trouble, lessor seeks $8M dues enforcement
Cash-strapped airline SpiceJet is facing another legal challenge.
SpaceXAI is hiring! Musk says no prior AI experience needed
Elon Musk's SpaceX is on a new hiring spree for its artificial intelligence (AI) division, dubbed "SpaceXAI."
What drove India's wholesale inflation to a 42-month high
India's wholesale inflation has hit a 42-month high, soaring to 8.3% in April from March's 3.88%.
JPMorgan to hire more AI specialists, fewer bankers
Jamie Dimon, the CEO of JPMorgan Chase, has announced that the company will be hiring more artificial intelligence (AI) specialists. This comes as a shift from traditional banking roles.
RBI considers interest rate hike to stabilize rupee
The Reserve Bank of India (RBI) is weighing all possible measures to stabilize the Indian rupee, including an interest rate hike and currency swaps.
RBI considers rate hike as rupee hits new low
The Reserve Bank of India (RBI) is exploring various measures to stabilize the rupee, including an interest rate hike.
India IPO market set for revival in second half: Citigroup
Citigroup has predicted a revival in India's initial public offering (IPO) market in the second half of 2026.
350 jobs at risk in Ireland as Meta plans layoffs
Meta, the parent company of Facebook, Instagram, and WhatsApp, has announced plans to cut about 10% of its workforce.
Indian-origin Microsoft veteran Soma Somasegar (59) dies
Soma Somasegar, a highly respected Indian-origin technology executive and former Microsoft executive, has died at the age of 59.
OpenAI could go public by September
OpenAI, the company behind the popular ChatGPT chatbot, is gearing up for an initial public offering (IPO) in the coming weeks, according to The New York Times.