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Meta on track to pass Google as top ad company
Meta Platforms is projected to overtake Google as the world's leading digital advertising business, with expected net ad revenue surpassing $243.46 billion this year.
OpenAI plans largest research hub outside US in King's Cross
OpenAI is set to open its first permanent office in London in 2027, aiming to build its largest research hub outside the United States.
RBI rejects USFB universal license bid over unsecured loans
The Reserve Bank of India (RBI) has rejected Ujjivan Small Finance Bank's application for a universal bank licence, citing the need for portfolio diversification.
Godrej Industries reshuffle: Burjis Godrej joins board, Pirojsha succeeds Nadir
Burjis Godrej is set to join the board of Godrej Industries, while Pirojsha Godrej will assume the role of group chairperson from 14 August.
Registration opens for ET Future of Knowledge Work Summit 2026
The ET Future of Knowledge Work Summit 2026, a platform for business and tech leaders, will explore how AI is transforming the future of work.
Miami judge dismisses Donald Trump's $10 billion WSJ defamation suit
A Miami federal judge dismissed President Trump's $10 billion defamation lawsuit against the Wall Street Journal over a controversial Epstein letter report.
Ex-Videocon chairman Venugopal Dhoot faces insolvency over ₹6,157cr guaranteed loans
The National Company Law Tribunal (NCLT) has ordered insolvency proceedings against former Videocon chairman, Venugopal Dhoot, for defaulting on loans exceeding Rs 6,157 crore.
Slate Auto raises $650 million to scale affordable EV pickup production
Slate Auto, an electric vehicle startup backed by Jeff Bezos, has raised $650 million in a Series C funding round to accelerate its affordable pickup truck production plans.
Shashvat Nakrani to join BharatPe board as adviser May 1
Shashvat Nakrani, cofounder of fintech startup BharatPe, is stepping down from his daily responsibilities to become a strategic advisor and board director starting May 1.
Nadir Godrej to retire as Godrej Industries chairperson in August
Nadir Godrej, Chairperson of the Godrej Industries Group, is set to retire in August 2026, marking a planned generational succession within the company.
Tesco and Adobe to personalize shopping via AI, Clubcard data
Tesco, Britain's largest food retailer, is partnering with US software group Adobe to enhance personalised marketing through artificial intelligence and Clubcard data analysis.
Pistachio prices hit 8-year high at $4.57/lb amid Iran unrest
The ongoing conflict in Iran, a major pistachio producer, has driven prices of the popular nut to an eight-year high amid disrupted supply chains.
AI fintech Finesse acquired for $1.5 million, eyes $60 million managed assets
Finesse, a four-year-old AI fintech startup, has been sold to a consortium of strategic investors for approximately $1.5 million, according to CEO Rohit Rao.
Goldman Sachs posts quarterly profit jump amid deal-making, record equities
Goldman Sachs has reported a rise in first-quarter profit, driven by robust dealmaking and equities trading, despite global market volatility.
India and Oman discuss activating CEPA to ease bilateral trade
Commerce and Industry Minister Piyush Goyal discussed potential opportunities for boosting trade and investment with his Omani counterpart, Anwar bin Hilal bin Hamdoun Al Jabri.
Head-mounted cameras on Indian garment workers fuel AI automation fears
Viral videos showing garment workers in India with head-mounted cameras have sparked a major debate online.
India's inflation nudges to 3.40% in March, RBI watches oil
The Consumer Price Index (CPI) inflation for March 2026 saw a slight increase to 3.40%, amid the onset of the US-Iran war. This marginal rise follows February's rate of 3.21%.
RBI Deputy Governor Swaminathan warns banks against hasty AI adoption
Reserve Bank Deputy Governor, Swaminathan J, warns that adopting AI without safeguards could exacerbate existing issues and create new problems in the financial sector.
Y Combinator's 1st-ever start-up school in India begins this week
Y Combinator, one of the world's leading start-up accelerators, will hold its first-ever Startup School in India.
Perplexity CEO Aravind Srinivas says AI will create new jobs
Perplexity AI's CEO, Aravind Srinivas, views job losses due to artificial intelligence as a pathway to a future where individuals can start their own mini businesses.
Bank of Baroda and Reliance Jio launch bob World Lite
Bank of Baroda and Reliance Jio have partnered to launch 'bob World Lite', a mobile banking application designed specifically for feature phone users in India.
RMZ Group to invest over $35 billion in India
RMZ Group plans to invest over $35 billion in India across co-location data centres, AI factories, and commercial real estate over the next five years.
Sensex drops 702, Nifty below 24,000 as oil tops $100
The Sensex and Nifty ended significantly lower due to rising oil prices and geopolitical risks, with auto stocks experiencing the most substantial decline.
Working age households face average £480 loss after Iran conflict
The ongoing war in the Middle East is expected to leave UK households £480 poorer this year due to rising energy prices, warns the Resolution Foundation.
AC, power utility stocks surge today: What's the reason?
Shares of air-conditioning (AC) and power utility companies witnessed a significant rise today.
Why cigarette sales have gone down in India
A recent hike in excise duty on cigarettes and tobacco products has impacted the sales of ITC and Godfrey Phillips.
Delhi High Court backs Impresario, orders 'SOCIAL HOUSE' removal
The Delhi High Court has ruled in favour of Impresario, the operator of 'SOCIAL' café-bars, in a trademark dispute over the 'SOCIAL HOUSE' mark.
SpiceJet told Delhi High Court ₹144.5cr payment could collapse airline
SpiceJet has warned the Delhi high court of a potential collapse if forced to deposit ₹144.5 crore immediately, amidst its ongoing dispute with Kalanithi Maran and KAL Airways.
Government begins preparatory work for Eighth Central Pay Commission review
The government has begun groundwork for the Eighth Central Pay Commission (8CPC), seeking consultants to analyze salaries, allowances, and pensions of central government employees.
Indian shoppers favor essentials as price pressures dent discretionary spending
Amid geopolitical tensions and job market anxieties, Indian consumers are curbing non-essential purchases, focusing more on savings and value-driven goods.
India's LED display market expands 15-20% to about ₹2,000cr
India's active LED display market has seen a steady growth of 15-20%, reaching a value of ₹2,000 crore due to various factors including government projects and retail upgrades.
Oracle layoffs precede Hilary Maxson hire with $26 million equity
Oracle Corporation's recent mass layoffs have sparked controversy as the company announces a $26 million compensation package for its newly appointed CFO, Hilary Maxson.
India tightens digital payments safety with new BIS guidelines
The Bureau of Indian Standards (BIS) has launched new guidelines to boost the security of India's digital payments system.
India's smartphone market sees steepest decline in 5 years
India's smartphone market has witnessed its weakest start to a calendar year in five years, with a 12% drop in volume and a 6% decline in value.
US and Iran talks fail, European stocks slide on Monday
European shares fell on Monday due to escalating Middle East tensions and a potential naval blockade, following the collapse of U.S.-Iran negotiations.
Meet Sharon Pais, new CEO of e-commerce giant Myntra
Myntra, India's largest fashion e-commerce platform and a key player in the Flipkart group owned by Walmart, has announced a major leadership change.
Why India's palm oil imports are down by 19%
India's palm oil imports fell by nearly 19% month-on-month in March, hitting a three-month low of 689,462 tons.
Start-ups face I-T department probe for misusing tax breaks
India's Income Tax Department is investigating several start-ups over alleged misuse of tax exemptions.
Aluminium prices touch 4-year high today: Here we decode why
Aluminium prices have hit a four-year high, surging by as much as 2% in London.
Tejas fighter jet's engines will now be repaired in India
GE Aerospace has announced plans to set up a facility in India for the repair of F404-IN20 engines used in Tejas fighter planes.
Are IMF's tax recommendations harming India?
India has received the highest number of regressive tax recommendations from the International Monetary Fund (IMF) between 2022 and 2024, a report by Oxfam has revealed.
Why Salesforce is planning to fire 4,000 employees
Salesforce, a leading cloud software company, has announced plans to lay off around 4,000 employees.
Mounjaro maker to launch its oral weight-loss pill in India
Eli Lilly, a leading US pharmaceutical company, is planning to introduce its oral weight-loss drug, orforglipron, in India.
Gold could touch $6,000 by 2026-end, says Swiss bank
Union Bancaire Privee (UBP), a prominent Swiss private bank, is re-entering the gold market after a major position cut due to the Iran war.
Apple's AI chief to exit after 8 years
Apple's Artificial Intelligence (AI) head, John Giannandrea, is set to leave the company after nearly eight years.
US AI chip exports delayed, BIS understaffing slows Trump goals
The ongoing war in Iran is reportedly hindering President Trump's efforts to boost AI chip exports, as approval delays for chipmakers and other companies increase.
HDFC Bank, Visa launch Pixel credit card for FIFA 2026
HDFC Bank, in partnership with Visa, has launched a FIFA World Cup 2026-themed Pixel credit card. The digital-first card offers features like instant issuance and app-based access.
Swiggy shares fall 4% after Lakshmi Nandan Reddy Obul resigns
Swiggy Ltd. experienced a 4% drop in shares after co-founder Lakshmi Nandan Reddy Obul announced his resignation as whole-time director and head of innovation.
TCS CEO Krithivasan says Indian IT remains relevant through 2030
TCS CEO K Krithivasan refutes predictions of the Indian IT industry becoming obsolete by 2030, emphasizing the increasing need for IT services in the AI era.
President Trump announces military blockade at Hormuz, oil tops $100
Oil prices have rebounded to over $100 a barrel within four days, following the US decision to blockade the Strait of Hormuz, impacting consumers and businesses.
IndiGo links BluChip to iPlanet Apple product rewards across India
IndiGo has teamed up with iPlanet, an Apple Authorised Premium Partner, to offer its BluChip members rewards on Apple product purchases.
Government bonds weaken after US-Iran talks fail
India's government bonds witnessed a major slump on Monday.
ET AI Most Innovative AI Product Awards 2026 spotlights India
The ET AI Most Innovative AI Product Awards 2026, happening this June, offers three distinct tracks for startups, SMEs, and enterprises to showcase their innovative AI products.
India smartphone sales drop 12% and revenues fall $500 million
India's smartphone market started 2026 with a $500 million loss, despite price hikes, as buyers delay upgrades amid rising living costs and global uncertainty.
Income Tax Department probes startups over suspected Section 80-IAC misuse
India's tax authorities are investigating multiple startups for alleged misuse of tax exemptions, with several firms flagged for irregularities.
US blockade sends Pakistan's KSE-100 plunging over 5,000 points
Pakistan's benchmark KSE-100 index dropped over 5,000 points in intraday trade following President Trump's order to blockade Iranian ports.
Ola Electric falls 7% after sharp 3-day surge
Ola Electric Mobility's shares fell by as much as 7% on Monday, hitting an intraday low of ₹37.96.
TCS cuts campus hiring to 25,000, K Krithivasan says temporary
Tata Consultancy Services (TCS) plans to offer 25,000 roles in FY27, a significant decrease from the previous year's 44,000 as it adopts a demand-led hiring approach.
India's palm oil imports fell nearly 19% in March 2026
India's palm oil imports fell by nearly 19% to a three-month low of 689,462 tonnes in March due to higher global prices.
Aluminum hits 4 year high as US plans Hormuz blockade
Aluminum prices have surged to a four-year high as President Trump's blockade of the Strait of Hormuz threatens further disruption to shipments.
GE Aerospace, IAF to open F404-IN20 repair center in India
GE Aerospace is setting up a facility in India to repair F404-IN20 engines of the Tejas fighter plane, following a contract with the Indian Air Force.
Google and OpenAI join IPL teams to boost AI trust
Artificial Intelligence (AI) firms are becoming key sponsors of Indian Premier League (IPL) teams, with 9 out of 10 franchises now partnering with AI brands like Google and OpenAI.
NCLAT postpones Vedanta appeals against Adani's ₹14,535cr Jaiprakash Associates bid
The National Company Law Appellate Tribunal (NCLAT) has adjourned the hearing of Vedanta Group's petitions against Adani Enterprises' bid for Jaiprakash Associates Ltd (JAL).
Brent crude tops $100 after US blockade, Pakistan talks fail
The escalating US-Iran conflict has triggered a surge in Brent crude prices past $100, with warnings of potential spikes to $150 if the US naval blockade on Iranian ports persists.
Crude oil futures are rising today: Here we decode why
Crude oil futures rose sharply today after the US announced a blockade on all maritime traffic to and from Iranian ports.
Indian rupee falls for 3rd consecutive session: What's the reason?
The Indian rupee has weakened for the third consecutive session today. The fall comes in line with losses in global equities and a stronger US dollar.
AI platforms dominate this year's IPL with 9 teams sponsored
Artificial Intelligence (AI) firms have become the leading sponsors of the Indian Premier League (IPL), with nine out of ten franchises partnering with AI brands.
Sam Altman's home attacked again, 2 arrested for shooting
OpenAI CEO Sam Altman's residence in San Francisco was attacked again on April 12 (local time). The incident occurred just two days after an earlier attack.
Y Combinator starts 1st Startup School in India April 18
Y Combinator's first-ever Startup School in India is fostering a youth-led AI wave, redefining the future of work and entrepreneurship.
US Iran talks collapse lifts oil, rattles India's bond market
Indian government bonds and the rupee faced a downturn after unsuccessful U.S.-Iran peace talks led to a surge in oil prices.
India resumes Iranian oil imports under temporary US sanctions waiver
India receives its first shipment of Iranian crude in nearly seven years, amidst rising oil prices and supply disruptions.
India data center market expected to hit $22B by 2030
India's data centre industry is projected to grow from $10 billion in 2025 to $22 billion by 2030, driven by AI and cloud computing advancements.
March inflows surge as Indian investors buy market dips
Despite market downturns, equity mutual funds experienced a significant rise in inflows during March, indicating a potential increase in investor confidence.
Gold futures fall 0.78% to ₹1.51L, silver slides over 2%
Gold prices fell to a near one-week low, while silver dropped over 2% on the Multi Commodity Exchange (MCX), reflecting global market trends.
Sensex and Nifty claw back some losses by mid-morning trade
Despite a significant drop, Sensex managed to recover 600 points from its day's low due to value buying and foreign investor participation.
Ola Electric stock drops 7% to ₹37.96 after LFP rally
Ola Electric Mobility's shares dropped by 7% as investors cashed in on profits following a sharp 40% surge over the previous three trading sessions.
RateGain launches RG Varsity global certification for hotel digital marketing
RateGain Travel Technologies Ltd has launched RG Varsity, a digital marketing certification programme aimed at enhancing hotel marketing teams' skills in AI-driven environments.
Banks to remain closed on April 14
Banks in several parts of India will remain closed on April 14, 2026, due to various regional and national holidays.
Eli Lilly to seek India approval for orforglipron obesity pill
US pharmaceutical company Eli Lilly is preparing to introduce its oral weight-loss pill, orforglipron, in India as part of its global rollout strategy.
Swiss bank UBP returns to gold, forecasts $6,000 an ounce
Swiss private bank Union Bancaire Privée (UBP) is gradually buying gold again after reducing its exposure. The bank forecasts a rise in gold prices to $6,000 an ounce by year-end.
Bitcoin holds near $71,000 Monday as altcoins show mixed performance
Despite escalating Middle East tensions, Bitcoin maintains its position above the $71,000 mark following a CPI-led rally that triggered profit booking.
Truecaller retains momentum in India despite real-name caller ID rules
Truecaller CEO, Rishit Jhunjhunwala, expresses confidence in the company's ability to compete with the government's real name caller ID mandate in India.
Sensex crashes 1,600 points as US-Iran war rattles markets
The Indian stock market witnessed a major crash today, with the BSE Sensex plunging over 1,600 points or 2.07% to 75,943.14 within minutes of opening.
Advertisers might have to pay for boycotting Elon Musk's X
The US Federal Trade Commission (FTC) is in talks with major advertising firms over a potential settlement.
Tata shares worth ₹93,700cr enter stock market: Should you buy
The six-month lock-in period for Tata Capital Ltd, a non-banking financial company (NBFC) under the Tata Group, expires today.
Ongoing US-Iran war could derail government's ₹75,000cr dividend goal
The ongoing conflict in West Asia could keep global commodity prices high, affecting the profitability of state-run companies in India.
Indian bond yields rise as Brent tops $100, inflation risk
Indian bonds opened five basis points lower on April 13 due to a surge in Brent crude prices above $100 per barrel, following unsuccessful US-Iran talks.
US blocks maritime traffic to Iran, oil prices surge Monday
Crude oil futures experienced a significant rise following the US's decision to blockade all maritime traffic to and from Iranian ports.
Donald Trump orders Strait of Hormuz blockade, Indian rupee falls
The Indian rupee weakened for the third consecutive session on April 4, influenced by global equity losses and a stronger dollar.
TSMC to report 4th straight profitable quarter on AI demand
TSMC, the world's leading AI chip manufacturer, is expected to report a 50% surge in net profit for Q1 2026 due to high demand for AI infrastructure.
Income Tax Department unveils TRACES portal for TDS TCS
The Income-Tax Department has launched an upgraded version of its TRACES portal, aiming to simplify tax compliance and enhance transparency for individuals and businesses.
Indian markets likely to open lower amid oil, Iran tensions
Indian equity benchmarks are expected to open lower on Monday, influenced by a surge in Brent crude oil prices to $101.86.
Trump calls for Strait of Hormuz naval blockade, markets tumble
Indian equities, including Gift Nifty, are expected to open lower due to President Trump's military blockade on the Strait of Hormuz, causing a ripple effect in Asian markets.
Shapoorji Pallonji seeks 2 month extension for ₹14,300cr bonds
The Shapoorji Pallonji Group is requesting a two-month extension on its ₹14,300 crore bond payment due to foreign exchange volatility and tighter hedging conditions.
Gold hits 1-week low as USD strengthens, oil tops $100
Gold prices hit a near one-week low due to a stronger dollar and rising energy prices, dampening hopes for U.S. Federal Reserve interest rate cuts this year.
Tata Capital lock-in ends April 13 nearly 67% shares ₹93,742cr
Tata Capital Ltd. sees nearly 67% of its equity, valued at around ₹93,742.4 crore, become eligible for trading as the six-month shareholder lock-in period ends today.
Venture funding hits $300B as AI startups take 80%
Global venture funding reached a record $300 billion in Q1 2021, largely driven by investments in artificial intelligence startups.
Zerodha turns Coin platform into 1-stop investing hub managing 1.9L/cr
Zerodha is broadening its Coin platform to include fixed deposits, mutual funds, NPS, and insurance for passive wealth management.
Indian companies use dual IPO and private-sale route aiming ₹500cr-₹2,000cr
Indian companies are adopting a dual-track strategy, preparing for IPOs while exploring private sales due to stock market volatility.
Air India offers employees discounted shares tied to performance goals
Air India plans to offer performance-linked stock options to its employees, aiming to attract and retain talent while pursuing profitability.
European gas up 17% after Donald Trump ordered Hormuz blockade
European natural gas prices surged up to 18% following US President Donald Trump's announcement of a full blockade on the Strait of Hormuz.
Oil tops $100 after Trump warns US may block Hormuz
Crude oil prices have soared above $100 per barrel after US President Donald Trump threatened to block the Strait of Hormuz, following failed US-Iran negotiations.
Gold near $4,755 as US Iran talks in Pakistan loom
Gold prices fluctuate as traders anticipate the outcome of the upcoming US-Iran peace talks, amidst a fragile ceasefire.
Larsen & Toubro aims for up to 3.5x nuclear revenue
Larsen & Toubro (L&T) anticipates a substantial increase in its nuclear energy business revenue over the next five years, driven by global demand for nuclear power.
IMF, World Bank to revise global growth forecasts downward
Top finance officials from around the world are set to meet in Washington this week amid the ongoing war in the Middle East.
Why banks with exposure to carbon-intensive sectors are at risk
A recent study by researchers from IIM Lucknow has revealed that banks with high exposure to carbon-intensive sectors are likely to face increased credit risk in the long run.
How Delhi NCR is lowering reliance on LPG for cooking
Indraprastha Gas Ltd (IGL) is working to expand its piped natural gas (PNG) connections in the Delhi-National Capital Region (NCR).
India's coal imports down 8.5%: Here we decode why
India's coal imports declined by 8.5% in February, reaching 16.55 million tons (MT).
India's patent applications surge 30.2% to 1.43L in FY26
India has witnessed a massive surge in patent applications, with a record-breaking 1,43,729 filings in the fiscal year 2025-26.
Gold down 9% since US-Iran war's start: Should you buy?
Gold prices have witnessed a steep fall of over 9% since the onset of the US-Iran war on February 28.
AI leaders urge workers to adapt as automation fears grow
As fears of job losses due to automation loom large, AI industry leaders are urging workers to adapt and focus on human skills.
How Flipkart, Amazon are intensifying competition in quick commerce space
India's quick commerce start-ups are facing stiff competition from e-commerce giants Flipkart and Amazon.
US-Iran war could widen India's current account deficit to 2%
India's current account deficit (CAD) could widen to nearly 2% of its gross domestic product (GDP) if the West Asia crisis continues, a report by CRISIL has warned.
How Oracle's AI spending spree triggered cash crunch, job cuts
Oracle, the tech giant founded by Larry Ellison, is facing a major financial crisis due to its aggressive investment in artificial intelligence (AI) infrastructure.
Why RBI has criticized INR arbitrage trades by banks
The Reserve Bank of India (RBI) has criticized foreign-exchange market makers for their role in the rupee's depreciation during recent Middle East tensions.
Why Lufthansa pilots are going on strike tomorrow
The Vereinigung Cockpit (VC) union has called for a two-day strike at Lufthansa, Europe's largest airline group, starting tomorrow.
Market cap of India's top 8 firms up ₹4.13L crore
The combined market capitalization of eight out of the top 10 most-valued Indian companies surged by a whopping ₹4.13 lakh crore last week.
TCS offers 25,000 jobs to freshers this fiscal year
Tata Consultancy Services (TCS), India's largest IT services company, has made 25,000 job offers to freshers in the current fiscal year.
India-UK FTA likely to come into effect this May
The India-UK Free Trade Agreement (FTA), signed on July 24, 2025, is expected to come into effect from the second week of May.
Want a matchbox? You can buy Cartier's set for ₹29,500
The humble matchbox has received a luxury makeover, with some models carrying eye-watering price tags.
FPIs withdraw ₹48,000cr from Indian equities in April
Foreign portfolio investors (FPIs) have continued their aggressive sell-off in the Indian equities, withdrawing ₹48,213 crore (approximately $5.14 billion) in the first 10 days of April.
Modi government sets ₹1L crore target for India's seafood exports
India's seafood exports have witnessed a massive surge, crossing ₹62,408 crore in the fiscal year 2024-25.
Women participation in contract IT roles touch 40% in FY26
The representation of women in contract or flexible roles within the information technology (IT) and IT-enabled services sector in India has reached 40% in fiscal year 2026 (FY26).
xAI faces legal challenge over gas-powered plant
Elon Musk's artificial intelligence (AI) company, xAI, is facing a legal challenge in Mississippi.
US-Iran war: India, Saudi discuss trade stability in virtual meet
In a bid to protect their economic interests amid regional turmoil, India's Union Commerce and Industry Minister Piyush Goyal and Saudi Arabia's Commerce Minister Majid bin Abdullah Al Qassabi held a virtual summit.
Windfall tax on diesel, ATF hiked: How it affects you?
The Indian government has hiked the export duty, or windfall tax, on diesel and aviation fuel (ATF).
How US-Iran war is affecting India's FMCG sector
The fast-moving consumer goods (FMCG) industry is grappling with a major increase in packaging costs, which have gone up by 15-20%.
Why Tata Sons chief is worried about Air India's future
Tata Sons Chairman Natarajan Chandrasekaran has warned that Air India is going through a "challenging time."
Indian stock-market will remain closed on this day next week
The Indian stock market is gearing up for a holiday-shortened week, with the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) closing on Tuesday (April 14).
How can India become a $10T economy? CJI Kant explains
Chief Justice of India (CJI) Surya Kant has said that India's transformation into a $10 trillion economy cannot be achieved through capital or policy alone.
Is Samsung planning to downsize its operations in China?
Samsung Electronics is reportedly mulling a major restructuring of its business in China, according to industry insiders.
Iran war effect: Indian automobile hub raises minimum wage
Haryana, a major hub for automobile manufacturing, has announced a 35% hike in the minimum wage.