LOADING...

Business News

No jargons, no mumbo-jumbo. Read the unadulterated Business news here.

25 Jun 2026
TL;DR

Ratepayer Protection Act could make tech cover AI energy costs

A bipartisan bill, H.R. 9430, proposes requiring tech companies to cover energy and infrastructure costs for AI data centers, relieving local communities of financial burdens.

25 Jun 2026
TL;DR

Global crude eases near pre United States and Iran tensions

Crude oil futures declined for the fourth straight session as improving supplies pushed prices near pre-war levels, with Brent at $72.86 and WTI at $69.33 on Thursday morning.

25 Jun 2026
TL;DR

Sensex and Nifty rise 0.5% in India as VIX drops

Sensex and Nifty opened higher on Thursday, gaining 0.5% each, supported by easing crude prices, strong FII buying, and positive global cues boosting investor sentiment.

25 Jun 2026
TL;DR

Sensex jumps 400 points as Nifty gains on oil fall

Indian stock markets soared on Thursday as Sensex jumped 400 points and Nifty crossed 24,100, driven by cooling oil prices below $73 per barrel and strong sectoral performance.

25 Jun 2026
TL;DR

Rupee rebounds to 94.30 per dollar after Sanjay Malhotra remarks

The Indian rupee strengthened by 37 paise to 94.30/$, supported by falling crude oil prices and likely RBI intervention, even as the US dollar remained robust globally.

25 Jun 2026
TL;DR

Semiconductor stocks surge over $400 billion after Micron, Qualcomm forecasts

Micron and Qualcomm's upbeat forecasts fueled a $400 billion surge in chip stocks, reflecting renewed investor confidence in AI-driven hardware and data center growth.

25 Jun 2026
TL;DR

Indian rupee opens at ₹94.30 as oil nears $72

The rupee opened 37 paise higher at Rs 94.30 per dollar, supported by a sharp decline in Brent crude prices nearing $72 per barrel and RBI's market intervention.

25 Jun 2026
TL;DR

Bengaluru-based Toddle plans $50 million to $100 million raise as edtech rebounds

Toddle is seeking $50-100 million in a managed fundraising round, signaling renewed investor interest in India's edtech sector after a prolonged downturn.

25 Jun 2026
TL;DR

Qualcomm sets $15B data center target by 2029, stock surges

Qualcomm projects $15 billion in data center chip revenue by 2029, driven by AI-focused innovations and partnerships, boosting shares over 12% in after-hours trading.

25 Jun 2026
TL;DR

Japan PM Sanae Takaichi unveils over ¥370tn plan for AI

Japan announced a 14-year, ¥370 trillion ($2.3 trillion) investment plan focusing on AI, semiconductors, and critical industries to boost growth and economic security.

25 Jun 2026
TL;DR

AWS CEO Matt Garman: AI will transform not eliminate jobs

Amazon Web Services CEO Matt Garman asserts that AI will reshape jobs rather than eliminate them, as the company plans to hire 11,000 interns to foster young talent.

25 Jun 2026
TL;DR

Pentagon awards Lockheed Martin up to $35B for THAAD production

Lockheed Martin has been awarded a $35 billion undefinitized contract by the Pentagon to increase production of THAAD interceptors, replenishing U.S. missile defense stockpiles.

25 Jun 2026
TL;DR

Avience Biomedicals lists on NSE SME after 385.32x, ₹30.24cr IPO

Avience Biomedicals is set to debut on the NSE SME platform, with a grey market premium indicating a potential 62% listing gain over its issue price of Rs 208.

25 Jun 2026
TL;DR

Crude oil dips under $70 on hopes of easing tensions

Crude oil prices fell below $70 per barrel as Iran-US peace efforts advanced, easing concerns over Gulf supply disruptions that had spiked prices during the recent conflict.

25 Jun 2026
TL;DR

SK Hynix plans US ADR listing as shares jump 12%

Shares of SK Hynix jumped 12% after announcing plans to list ADRs in the US, aiming to raise 45.45 trillion won for capacity expansion and advanced equipment purchases.

25 Jun 2026
TL;DR

Gold falls below $4,000 for 1st time since November 2025

Gold prices plunged below $4,000 per ounce for the first time since November 2025, driven by a stronger U.S. dollar and rising expectations of Federal Reserve rate hikes.

25 Jun 2026
TL;DR

Zscaler CEO Jay Chaudhry says AI accelerates cybersecurity bug detection

Advanced AI models are transforming cybersecurity by rapidly identifying software vulnerabilities, creating unprecedented opportunities and challenges, says Zscaler CEO.

25 Jun 2026
TL;DR

India seeks semiconductor investments at Pax Silica summit Washington D.C.

India seeks semiconductor investments and access to the US's $250-million seed fund at the Pax Silica summit, aiming to strengthen its chip manufacturing ecosystem.

25 Jun 2026
TL;DR

InfoEdge shifts half startup capital into deeptech and AI

InfoEdge allocated nearly 50% of its startup investments to deeptech and AI in the past year, citing their transformative potential and strategic importance.

25 Jun 2026
TL;DR

Pocket FM shuts Pocket TV to focus on audio dramas

Pocket FM is shutting its microdrama platform, Pocket TV, to refocus on audio dramas and global expansion, aligning with its profitability goals ahead of a potential IPO.

25 Jun 2026
TL;DR

Indian deeptech startups prioritize revenue within 2 to 3 years

Indian deeptech startups are shifting focus to early commercialization within 2-3 years, leveraging initial revenues to attract investors and stay connected with customers.

25 Jun 2026
TL;DR

State run banks sell dollars, Indian rupee recovers to 94.66

The Indian rupee closed at 94.66 against the dollar on Wednesday, recovering from an intraday low of 94.91 as state-run banks intervened, likely for the RBI.

25 Jun 2026
TL;DR

JPMorgan warns IT sector slowdown, trims fiscal 2027 revenue forecasts

JPMorgan predicts growth challenges for IT firms over the next two years, citing generative AI-led deflation, geopolitical factors, and delayed deal closures as key hurdles.

25 Jun 2026
TL;DR

Jio Platforms plans ₹35,000cr IPO to pay debt and grow

Jio Platforms' upcoming IPO, featuring a massive fresh issue, challenges India's decade-long OFS-dominated market trend by prioritizing business growth over investor exits.

25 Jun 2026
TL;DR

Micron posts $41.46B revenue as stock jumps 16% after-hours

Micron shares soared 16% afterhours as Q3 revenue quadrupled to $41.46 billion, driven by a seven-fold growth in its data center business and robust demand across segments.

25 Jun 2026
TL;DR

Vishal Sikka launches Hang Ten Systems with $32 million seed funding

Vishal Sikka, ex-Infosys CEO, has launched Hang Ten Systems, an AI-driven startup aiming to revolutionize IT services by automating enterprise software development and operations.

25 Jun 2026
TL;DR

Maharashtra exempts IT, ITeS and data centers from electricity duty

Maharashtra has announced long-term electricity-duty exemptions for IT, ITeS units, and data centres to boost investments and expand the state’s digital infrastructure.

25 Jun 2026
TL;DR

Cerebras Systems revenue jumps 94% to $193 million, shares tumble

Shares of AI chipmaker Cerebras Systems fell nearly 20% after its first earnings report post-IPO, as investors reacted to a narrower full-year gross margin forecast.

25 Jun 2026
TL;DR

Micron Technology Q3 revenue $41.45 billion amid AI demand

Micron, the largest U.S. memory chip maker, saw its market cap skyrocket to $1.2 trillion as surging AI demand quadrupled its revenue and boosted profits to $28.2 billion.

25 Jun 2026
TL;DR

IndiGo to trial OptiClimb AI advising takeoff speeds, saving 60-65kg

Indian airlines are leveraging AI to cut fuel costs, with IndiGo trialing the OptiClimb solution from today, aiming to optimize climb phases and reduce emissions.

25 Jun 2026
TL;DR

India's new battery rules leave manufacturers scrambling over zinc-carbon mismatch

India's dry cell battery makers warn that new recycling mandates, designed for lithium-ion batteries, threaten their survival due to unviable compliance costs.

25 Jun 2026
TL;DR

UK Wikimedia Foundation staff officially asked management to recognize union

UK-based Wikimedia Foundation staff have requested voluntary union recognition, citing concerns over transparency and organizational changes affecting workers.

25 Jun 2026
TL;DR

Salesforce survey: 70% using AI for customer service see returns

70% of companies deploying customer service AI agents observe measurable value within 60 days, highlighting faster case resolutions and improved business outcomes.

25 Jun 2026
TL;DR

Indian government panel to review SEZs with industry June 30, 2026

A government panel will meet industry leaders on June 30 to discuss boosting India's Special Economic Zones, focusing on free trade impacts and import substitution strategies.

24 Jun 2026
Swiggy

Swiggy Instamart's COO and CBO have left the company

Swiggy's quick commerce division, Instamart, is witnessing a major leadership overhaul with the resignations of its Chief Operating Officer (COO) Ankit Jain and Chief Business Officer (CBO) Hari Kumar, as per Moneycontrol.

PFRDA launches 'Pension Sahayak' portal for NPS subscribers

The Pension Fund Regulatory and Development Authority (PFRDA) has launched an artificial intelligence (AI)-powered portal, 'Pension Sahayak.'

24 Jun 2026
Donald Trump

Trade deal with India 'very, very close,' says US official

The United States and India are "very, very close" to finalizing a landmark bilateral trade deal.

24 Jun 2026
India

Noel Tata is stepping down as Trent chairman

Noel Tata has announced his decision to retire as the chairman of Trent Ltd bringing an end to his nearly three-decade-long association with the company.

24 Jun 2026
Amazon

Amazon Now to expand to 300 Indian cities

Amazon has announced plans to expand its ultra-fast delivery service, Amazon Now, to over 300 cities in India.

24 Jun 2026
Ahmedabad

How one conversation led Kunal Shah to become WhatsApp's head

Meta Platforms Inc. has appointed Kunal Shah, the founder of fintech start-up CRED and one of India's most prominent angel investors, as the new global head of WhatsApp.

24 Jun 2026
South Korea

Korean chip giant SK Hynix is about to raise $29B

South Korea's chip giant, SK Hynix, is all set to raise a whopping $29.43 billion through American Depositary Receipts (ADRs) on the Nasdaq exchange.

BSNL is now looking for a chairman: How to apply

The Department of Telecommunications (DoT) has invited applications for the Chairman and Managing Director (CMD) position at state-owned Bharat Sanchar Nigam Ltd (BSNL).

24 Jun 2026
Nifty

Indian IT sector's Nifty share at record-low: What's the reason?

India's information technology (IT) sector is witnessing a major decline in its dominance on the country's stock market.

24 Jun 2026
Adani Group

Adani to demerge its incubating businesses from FY28 onward

The Adani Group has announced plans to demerge its incubating businesses from FY28 onward.

24 Jun 2026
Hyundai Motor Company

TVS-Hyundai bet on AC electric autos with new ride-hailing service

TVS Motor Company and Hyundai Motor Company have expanded their partnership from vehicle development to mobility services.

24 Jun 2026
Andhra Pradesh

Swarnagiri, India's first private gold mine, begins operations

Andhra Pradesh has inaugurated India's first private gold mining project, Swarnagiri (formerly Jonnagiri), in Kurnool district.

24 Jun 2026
Nifty

Sensex gains over 800 points: What's driving today's rally?

The Indian stock market witnessed a major surge today, with the Sensex rising by over 830 points to 77,030 and the Nifty gaining 219 points to 24,042.

24 Jun 2026
Elon Musk

SpaceX launches $25B debt sale for AI expansion

Elon Musk's SpaceX has launched a five-tranche notes offering to raise at least $25 billion. The move comes as the company looks for funds to support its capital-intensive artificial intelligence (AI) expansion.

24 Jun 2026
Airbus

Why Airbus is grounding multiple A380 aircraft

Airbus has announced plans to inspect 16 of its A380 aircraft, including five on an urgent basis.

24 Jun 2026
Adidas

Why UK has banned some Calvin Klein, Adidas ads

The UK's Advertising Standards Authority (ASA) has banned advertisements from fashion giants Calvin Klein, Adidas, and Uniqlo.

24 Jun 2026
US Government

Why Alibaba is suing US government

Chinese tech and e-commerce giant Alibaba has sued the US government after being added to a Pentagon blacklist of companies allegedly linked to China's military.

24 Jun 2026
Iran

Oil prices falls to 4-month low

Oil prices continued their downward trend on Wednesday, nearing the four-month lows seen in the previous session.

24 Jun 2026
Adani Group

Adani AGM 2026: Gautam Adani shares strategy to be future-ready

At the Adani Group's 2026 Annual General Meeting (AGM), Chairman Gautam Adani unveiled a three-pronged strategy to strengthen execution, enhance efficiency, and improve workforce welfare.

24 Jun 2026
Google

Google parent Alphabet being added to Dow Jones stock index

Google's parent company, Alphabet, will be added to the Dow Jones Industrial Average stock index from June 29.

24 Jun 2026
Flipkart

How Flipkart is expanding its quick-commerce push in India

Walmart-backed Flipkart has announced that its quick-commerce service, Flipkart Minutes, has established a network of 1,000 micro-fulfillment centers in less than two years.

24 Jun 2026
Tata Motors Ltd

How Tata Motors plans to make EV business profitable

Tata Motors Passenger Vehicles (TMPV) is gearing up to make its electric vehicle (EV) business profitable even after government subsidies are gone.

24 Jun 2026
Adani Group

Gautam Adani announces big bets on nuclear power and AI

At the Adani Group's Annual General Meeting (AGM), chairperson Gautam Adani unveiled an ambitious plan for the future.

24 Jun 2026
OPPO

Realme India CEO quits

Michael Guo, the CEO of Realme India, has resigned from his position. The move comes as part of a major restructuring process within the company.

24 Jun 2026
Dubai

Nirav Modi ordered to pay $10.7M to Bank of India

A London court has ruled in favor of the Bank of India in a loan recovery case against Nirav Modi, holding the fugitive diamantaire liable to pay more than $10.7 million (over ₹100 crore) at current exchange rates.

24 Jun 2026
Donald Trump

Gold crashes 24% from record high: Should you buy?

Gold prices have witnessed a sharp decline, falling nearly 12% in the June quarter. This is on track to be the steepest quarterly fall since December 2016.

23 Jun 2026
Swiggy

Why Swiggy has joined hands with Zerodha

Swiggy has partnered with Zerodha Fund House to enable its delivery partners to invest their earnings in mutual funds.

Rajesh Exports faces ED raids in Bengaluru

The Enforcement Directorate (ED) has launched a massive raid at multiple locations linked to Rajesh Exports Limited in Bengaluru.

23 Jun 2026
India

Real estate firm Square Yards is India's latest unicorn

Square Yards, a real estate and mortgage platform, has become the latest entrant in India's unicorn club.

23 Jun 2026
Samsung Electronics

US stock futures decline as South Korean index crashes 10%

US stock futures plummeted by up to 2% on Tuesday, signaling a weak start for Wall Street.

23 Jun 2026
Amazon

Centre plans subsidized tomato sales as prices hit ₹92/kg

The Indian government is planning to sell tomatoes at subsidized rates through cooperative outlets, in a bid to cool the recent price surge.

23 Jun 2026
Bharti Airtel

Bharti Airtel increases stake in Africa subsidiary to 79%

Bharti Airtel has announced a major increase in its stake in Airtel Africa. The company now owns around 79% of the African subsidiary, up from 62.73% before the transaction.

23 Jun 2026
CRED

From delivery boy to WhatsApp head: Kunal Shah's journey

Kunal Shah, the founder of fintech unicorn CRED, has been appointed as the global head of WhatsApp.

23 Jun 2026
Inflation

India's private sector growth slows to 3-month low

India's private sector growth slowed down in June, hitting a three-month low.

23 Jun 2026
KPMG

Why chairman, senior partners of KPMG Australia have resigned

KPMG Australia's Chairman Martin Sheppard and two senior partners, Paul Rogers and Eileen Hoggett, have announced their resignations.

23 Jun 2026
Brazil

Rafael Oliveira is 1st outsider to become Heineken CEO

Heineken has appointed Rafael Oliveira as its new Chief Executive Officer (CEO), in a major shift for the company.

23 Jun 2026
Apple

Why Apple is facing an antitrust complaint in China

A group of 48 iOS developers has lodged a complaint against Apple with China's State Administration for Market Regulation.

23 Jun 2026
Sony

Sony planning 1st US dollar bond sale since 1998

Sony is gearing up for its first US dollar bond sale since 1998.

23 Jun 2026
Domino's

Domino's Pizza appoints veteran Joe Jordan as CEO

Domino's Pizza has appointed Joe Jordan as its new chief executive officer (CEO), effective October 1.

23 Jun 2026
Sensex

Sensex tanks 900 points: What's behind today's selloff?

The Indian stock market witnessed a downturn on Tuesday, with the S&P BSE Sensex falling nearly 900 points and the NSE Nifty50 slipping below the 23,850 mark.

23 Jun 2026
Bank of Baroda

NPCI to enable e-mandate tracking on all UPI apps

The National Payments Corporation of India (NPCI) is working on a new feature to simplify the management of electronic mandates for consumers.

SEBI proposes direct market access for retail investors

The Securities and Exchange Board of India (SEBI) has proposed a major change in its technology regulations for stock exchanges and other market infrastructure institutions (MIIs).

23 Jun 2026
Elon Musk

SpaceX shares plunge 32% in 3 sessions, wiping out $600B

Elon Musk's SpaceX is facing a major setback on the Nasdaq, with its shares plummeting by 16% on Monday. This marks the third consecutive day of decline for the company.

23 Jun 2026
Uber

Why Uber's board is being sued by shareholders

Uber's board of directors has been sued by shareholders for allegedly allowing the company to bypass compliance protocols.

23 Jun 2026
Lucid Air

EV maker Lucid cuts 18% of workforce

Lucid Motors, the Saudi-backed electric vehicle (EV) maker, has announced a major job cut.

22 Jun 2026
United States of America

US sanctions on Iranian oil suspended until August 21

The United States has issued a 60-day waiver on sanctions against Iranian oil, allowing the country to produce, export, and sell its crude until August 21.

22 Jun 2026
India

India imposes 5-year anti-dumping duty on key chemical from China

India has imposed a five-year anti-dumping duty on a key chemical used in rubber and tire manufacturing.

22 Jun 2026
Kolkata

Will Calcutta Stock Exchange make a comeback?

The West Bengal government has proposed a revival plan for the Calcutta Stock Exchange (CSE), which has been dormant for over a decade.

22 Jun 2026
JP Morgan

FIFA World Cup effect: JPMorgan employees can work from home

The FIFA World Cup is giving office workers an unexpected break by allowing them to work from home.

22 Jun 2026
IIT Roorkee

IIT Roorkee sets up ₹1,000cr fund for deep-tech start-ups

The Indian Institute of Technology (IIT) Roorkee has announced a ₹1,000 crore Super Endowment Fund in partnership with IvyCap Ventures and NuQuant.

22 Jun 2026
Workplace

'Eat faster or work longer': Viral lunch-break notice angers netizens

A controversial office notice has gone viral on social media, sparking widespread criticism and debate over workplace culture and employee rights.

22 Jun 2026
Nandan Nilekani

This Nandan Nilekani-backed ₹2,500cr fund will support early growth-stage start-ups

Fundamentum Partnership, a venture capital firm co-founded by Infosys co-founder Nandan Nilekani and former Helion Venture Partners executive Sanjeev Aggarwal, is planning to launch its third fund.

₹4,225cr+ in penalties: How CCI is transforming businesses in India

The Competition Commission of India (CCI) has been cracking down on anti-competitive behavior with a vengeance, racking up penalties worth over ₹4,225 crore in 54 cases over the last five fiscal years.

22 Jun 2026
CRED

Kunal Shah becomes WhatsApp head, Meta invests $900M in CRED

Meta Platforms has invested $900 million (approximately ₹8,550 crore) in Indian fintech start-up CRED during its Series H funding round.

22 Jun 2026
ChatGPT

Getty Images stock soars 200% on OpenAI partnership

Getty Images' stock price surged over 200% in premarket trading today, following the announcement of a partnership with OpenAI.