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JPMorgan Chase names Rahul Badhwar senior country officer for India
JPMorgan has named Rahul Badhwar as senior country officer for India, highlighting its focus on the Indian market. He will report to Asia Pacific CEO Sjoerd Leenart.
Indian rupee falls to 95.25 per dollar amid Asian selloff
The Indian rupee fell to a near three-week low of 95.24 per dollar, tracking declines in Asian currencies as Fed remarks and U.S.-Iran tensions loomed.
U.K.-based StirlingX raises £15.1 million for drone data protection
StirlingX, chaired by ex-GCHQ chief Sir Jeremy Fleming, has raised £15.1m in Series A funding led by Ventura Capital to advance its drone-based data intelligence capabilities.
India launches RAINMUMBAI rainfall futures to manage monsoon financial risk
India's first weather derivative, RAINMUMBAI, debuted on NCDEX with 20,000 lots traded in its first month, offering a forward-looking tool to track and hedge rainfall fluctuations.
Sensex rises 443.97 points to 76,922.64 and Nifty tops 24,000
Sensex surged 444 points to close at 76,922.64, while Nifty reclaimed the 24,000 mark. Realty and FMCG sectors led gains, but IT stocks faced selling pressure.
MCX gold and silver futures fall in India Wednesday
Gold and silver prices in India have sharply declined, mirroring global trends, as rising US Treasury yields and expectations of higher interest rates dampen investor sentiment.
Jio BlackRock to launch 2 funds bypassing $7 billion cap
Jio BlackRock plans to introduce two outbound funds from GIFT City within two months, targeting global equities and emerging markets for Indian investors.
Anthropic restores AI access as Zoho's Vembu says India benefits
Sridhar Vembu highlights how intensifying US-China AI competition can drive innovation, reduce global dependence, and create opportunities for India to advance its AI ecosystem.
Anupam Misra named Hindustan Copper chairman and MD July 2026
Anupam Misra, an IIT Kharagpur and IIM Lucknow alumnus, has been appointed Chairman & Managing Director of Hindustan Copper Ltd, succeeding Sanjiv Kumar Singh.
Coal India Q1 FY27 output down 7.5% despite power demand
Coal India Limited (CIL) reported a 7.5% decline in coal production to 169.6 million tonnes in Q1 FY26, despite rising power sector demand and increased sales during the period.
Rajiv Kumar named HDFC Bank part time chairman pending approvals
Rajiv Kumar, former Chief Election Commissioner of India, is renowned for overseeing record voter participation in the 2024 Lok Sabha polls and spearheading banking reforms.
SoftBank invests $10B in OpenAI as part of $30B commitment
SoftBank has injected another $10 billion into OpenAI via Vision Fund 2, part of its $30 billion commitment, highlighting OpenAI's growing significance in its portfolio.
HSBC signs 20-year 1.2 million sqft Bengaluru lease worth over ₹3,000cr
HSBC has pre-leased 1.2 million sq ft at Prestige JRC Signature Towers in Bengaluru, marking one of India's largest commercial real estate deals, valued over Rs 3,000 crore.
Infosys falls to ₹986.90, market cap halves to ₹4L/cr
Infosys shares fell to ₹986.90, marking their first dip below ₹1,000 since 2020, as AI disruption fears and weak earnings erased ₹2.53 lakh crore in market value this year.
Amazon India invests ₹2,800cr to speed deliveries for Prime Day
Amazon India has committed ₹2,800 crore this year to expand fulfilment centres, sorting facilities, and last-mile delivery, enhancing speed and reliability ahead of Prime Day 2026.
Centre launches EPF Scheme 2026 to simplify provident fund management
India's new EPF Scheme 2026 modernizes the provident fund system with digital compliance, simplified processes, and enhanced withdrawal rules for improved social security coverage.
Paramount Skydance seeks EU approval for Warner Bros. Discovery takeover
Paramount Skydance Corp proposed solutions to the European Commission to resolve competition concerns over its $110 billion Warner Bros Discovery acquisition.
India's GCCs embrace AI skills despite June hiring slowdown
Nearly two-thirds of new GCC roles in India require AI, data science, or intelligent automation skills, highlighting the country's growing prominence in global innovation hubs.
ByteDance settles suit by teen alleging TikTok harmed mental health
TikTok parent ByteDance has settled a social media addiction lawsuit out of court, avoiding a jury trial originally scheduled for later this month, Bloomberg reports.
UST named to Ethisphere's 2026 World's Most Ethical Companies list
UST, a global technology solutions leader, has been honored as one of the World’s Most Ethical Companies® by Ethisphere, highlighting its commitment to ethical practices.
Aluminum prices hit 4-month low: Here we decode why
Aluminum prices have plummeted to their lowest since mid-February, largely due to a strengthening US dollar.
How NPCI plans to simplify your UPI payments abroad
The National Payments Corporation of India (NPCI) has partnered with HSBC India and J.P. Morgan Payments to make international Unified Payments Interface (UPI) transactions more efficient.
Zoho founder Sridhar Vembu says customer secured 90% Microsoft discount
Zoho founder Sridhar Vembu revealed that an Indian customer secured a 90% discount on Microsoft Office licenses by citing Zoho as an alternative.
Razorpay and NPCI Bharat BillPay launch Banking Connect mobile-first solution
Razorpay collaborates with NPCI Bharat BillPay Limited to launch Banking Connect, a mobile-first solution simplifying NetBanking payments for businesses and consumers in India.
Teen Jainam Jain founded Mengo Engine AI startup Burj Khalifa
At just 14, Indian-born Jainam Jain founded Mengo Engine, an AI startup in Dubai, and now operates from his office on the 141st floor of Burj Khalifa.
Indian Nifty 50 posts steepest 8.7% H1 fall since 2022
Indian equities faced their worst first-half since 2022, with the Nifty falling 8.7% amid geopolitical tensions, record foreign outflows, and an AI-driven IT sector slump.
Fire-Boltt to launch Boltt budget 4G and 5G phones August
Indian smartwatch-maker FireBoltt is set to launch affordable 4G and 5G smartphones priced at Rs 12,000-17,000 in August, targeting consumers impacted by recent price hikes.
AlphaGrep to launch 6 mutual funds starting July 6
AlphaGrep Investment Management plans to launch algorithm-driven mutual funds, targeting India's $900 billion market and competing with Jio BlackRock's systematic strategies.
Phison Micromax MiPhi leverages chip shortage to expand in India
MiPhi, a joint venture between Phison and Micromax, is leveraging the global memory chip shortage to secure high-margin deals in India's automotive and electronics sectors.
Mankind Pharma and Denovo Sciences partner to speed drug discovery
Mankind Pharma teams up with Denovo Sciences to leverage AI in drug discovery, aiming to accelerate timelines, enhance candidate quality, and improve accessibility of medicines.
EXL buys iMerit for $310 million to grow data AI business
EXL, led by CEO Rohit Kapoor, derives 60% of its revenue from data and AI services, with the iMerit acquisition set to enhance its model training capabilities.
Sensex gains over 500 points: What's behind today's rally?
India's equity benchmarks, the Sensex and Nifty, are witnessing a strong rally today. The Sensex has gained over 500 points while the Nifty is trading above the 24,000 mark.
Indian startups raised $7.4B in H1 2026, AI fintech dominate
Indian startups secured $7.4 billion across 551 deals in H1 2026, driven by AI investments and CRED's $900 million Meta-led funding round.
Indian IT under pressure as Nifty trails broader market 20%
Nomura highlights subdued near-term growth for Indian IT firms due to AI-driven disruption and macroeconomic uncertainties despite a positive long-term outlook.
Shriram Finance hikes FD rates effective July 2 2026
Shriram Finance has increased fixed deposit interest rates by up to 25 basis points, effective July 2, with revised rates applicable to deposits of up to ₹10 crore.
UPI payments to show rupee costs before overseas checkout
NPCI has partnered with HSBC India and J.P. Morgan Payments to enable real-time forex conversion, enhancing transparency and convenience for cross-border UPI transactions.
Sensex rallies over 630 points as Nifty crosses 24,000
Equity markets rebounded sharply as Sensex jumped over 630 points and Nifty reclaimed the 24,000 level, while KPIT Technologies shares plunged 17% on weak business updates.
Why PhysicsWallah is offering new faculty ₹15L as reward
Leading edtech company PhysicsWallah is offering its newly hired faculty monetary rewards of up to ₹15 lakh, as per Moneycontrol.
GST collections in June jump 13.9% YoY to ₹1.95L crore
India's Goods and Services Tax (GST) collections witnessed a significant jump of 13.9% year-on-year in June, reaching ₹1.95 lakh crore.
Meet Gautam Swaroop, new chief business officer of Swiggy Instamart
Swiggy's Instamart, a leading quick commerce platform in India, has appointed Gautam Swaroop as its new Chief Business Officer (CBO).
You can use EPFO's online services from tomorrow
The Employees' Provident Fund Organisation (EPFO) has announced an extension of the suspension period for its online member and employer services.
Paisalo Digital jumps 20% to ₹70.92 as promoters raise stake
Paisalo Digital shares hit a 20% upper circuit on Wednesday after promoters increased their stake by 4.97%, signaling confidence in the company's AI-driven growth strategy.
India plans 30-day LPG reserve as BPCL expands storage
India aims to establish a 30-day LPG storage buffer as Middle Eastern conflicts highlight vulnerabilities in supply chains, with BPCL investing Rs 5,000 crore to expand capacity.
IFSCa clears HiwaPay to run cross-border payments from GIFT City
HiWiPay has received in-principle approval from IFSCA to establish a payment service provider subsidiary at GIFT City, advancing its global cross-border payments ambitions.
TMC Transformers plans ₹550 cr IPO for 78,000 MVA plant
TMC Transformers (India) Ltd has filed papers with Sebi to raise Rs 550 crore through an IPO, aiming to fund a new EHV transformer facility and bolster working capital.
Consumer commission orders Amazon to pay ₹15,199 to Ijjada Vivekananda
Amazon was directed to pay Rs 15,000 after failing to refund Rs 5,199 for defective earbuds, despite receiving the amount from the manufacturer.
Abu Dhabi-based MGX raises $49B AI fund surpassing $45B goal
MGX, an Abu Dhabi-based firm, has raised $49 billion, surpassing its $45 billion target, to become a key global player in artificial intelligence investments and innovation.
Foreign buying of Indian bonds hits record after tax relief
India's bond market has witnessed a record surge in foreign investment, with funds pouring in $4.4 billion (about ₹41,800 crore) last month.
China manufacturing posts strongest quarter as PMI averages 51.9
China's manufacturing sector achieved its best quarterly performance since late 2020, with a PMI average of 51.9, despite a slight dip in June to 51.7.
Gold drops below $4,000 amid strong dollar and jobs data
Gold prices have plunged to eight-month lows, driven by a stronger US dollar and rate hike expectations, prompting JPMorgan, Goldman Sachs, and Citi to lower their price forecasts.
Crib acquires CirclePe to enable deposit-free moves and instant payouts
Crib, an AI-powered property management platform, has acquired rent financing company CirclePe to integrate embedded finance and streamline rental transactions.
IRDAI says insurers should list only to raise capital
IRDAI chairperson Ajay Seth suggests insurers should pursue public listings only when capital is needed, easing earlier regulatory expectations tied to operational milestones.
India's factory growth slows in June
India's manufacturing sector has witnessed its second-slowest growth in four years, according to a recent survey.
Aluminum prices fall 16% in June to $3,060 per ton
Aluminium prices dropped to their lowest since mid-February, pressured by a stronger US dollar and reduced supply concerns following the resolution of the Middle East conflict.
India's GST marks 9 years as taxpayers 1.65cr, collections 22.27L/cr
India's GST taxpayer base surged nearly threefold to 1.65 crore since 2017, with Deloitte highlighting AI-driven compliance as the next frontier in its evolution.
IndiGo launches 'Lite' fare and Air India 'Basic' discounts
IndiGo introduces "Lite" fares, offering Rs 300-400 savings for domestic flyers without check-in baggage, following Air India's recent no-meal "basic" fare initiative.
Bitcoin sinks to 21-month low
Bitcoin, the world's largest cryptocurrency, has hit a new 21-month low.
China tightens outbound investment rules to protect national security
China has implemented sweeping "national security" regulations on outbound investments, aiming to safeguard strategic sectors while balancing domestic and international priorities.
Knack Packaging IPO opens with 15% GMP: Should you bid?
Knack Packaging, a leading manufacturer of integrated packaging solutions, has opened its initial public offering (IPO) for subscription today.
Indian government raises $2 billion selling stakes in public firms
India's government raised $2 billion from state-run company stake sales last quarter, boosting non-tax revenue amidst subdued equity markets and geopolitical uncertainties.
India's June GST ₹1.95L/cr up nearly 14% driven by imports
India's GST collections rose 13.9% year-on-year to Rs 1.95 lakh crore in June, driven by a 34.6% surge in import revenues alongside moderate growth in domestic revenues.
Adani Green becomes 1st Indian company to reach 20GW capacity
Adani Green Energy Ltd has become the first Indian clean energy company to surpass 20 GW of operational renewable capacity, achieving this feat within a decade of its inception.
EPFO extends service suspension till July 2
The Employees's Provident Fund Organisation (EPFO) has announced an extension of the suspension period for its online member and employer services.
No check-in bag? IndiGo has a cheaper fare for you
IndiGo, India's leading low-cost airline, has launched a new fare category called "IndiGo Lite."
Eighth Pay Commission reviews fitment factor for central govt pay
The fitment factor, a key multiplier in salary revisions, determines basic pay hikes under the 8th Pay Commission, significantly impacting overall salaries and pensions.
RBI simplifies NBFCs and HFCs exits with PRAVAAH application checklist
The Reserve Bank of India has updated the application process and checklist for NBFCs and HFCs seeking voluntary surrender of their Certificate of Registration.
Reliance Power stock jumps 18% after announcing AI pivot
Reliance Power shares jumped over 18% after announcing its entry into artificial intelligence and new-age technologies, amending subsidiary objectives to align with AI initiatives.
NPCI: UPI processed 22.72 billion payments in June worth ₹28.92L/cr
Unified Payments Interface (UPI) processed 22.72 billion transactions worth Rs 28.92 lakh crore in June, maintaining its strong momentum in India's digital payments ecosystem.
KPIT shares fall 15% after slowdown warning, lose over ₹2,300cr
KPIT Technologies shares tumbled 15% after the company warned of a sudden revenue slowdown, primarily linked to cutbacks by key European clients BMW and Volkswagen.
India manufacturing PMI 54.2 marks 2nd slowest in 4 years
India's manufacturing growth in June hit its second-lowest level since mid-2022, with the PMI dropping to 54.2 as cooling demand impacted output, hiring, and export orders.
EPFO portals offline until 11:59pm July 1 for upgrade
EPFO has prolonged its online service suspension to July 1, citing database consolidation and software upgrades aimed at enhancing claims processing and user experience.
Zee Entertainment stock up over 8% as board explores fundraising
Zee Entertainment's stock soared over 8% as the company announced a July 1, 2026, board meeting to evaluate fundraising options, including equity issuance.
Trump earned $1.4B from crypto in 2025
President Donald Trump has reported a whopping $1.4 billion in earnings from cryptocurrency and memecoin-related businesses in 2025.
Innoterra Ltd files with SEBI for ₹105cr IPO in India
Innoterra Ltd, the Indian subsidiary of Switzerland-based Innoterra AG, has filed for an IPO to raise funds through a fresh issue and Offer-for-Sale by existing shareholders.
Advit Jewels lists at 37% premium following 212x subscription
Advit Jewels shares debuted with a 37% premium on NSE, reflecting strong investor demand after the IPO was oversubscribed 212.63 times in the primary market.
Rupee opens at ₹94.68 Wednesday as oil prices ease
The Indian rupee opened slightly weaker at 94.68 per US dollar but has rebounded recently, supported by falling crude oil prices and measures to stabilize currency volatility.
Asia manufacturing rebounds in June 2026 on AI chips demand
Asia's manufacturing sector surged in June, fueled by strong demand for AI-related tech goods, mitigating challenges from the Iran conflict and supply disruptions.
Nayara Energy slashes petrol, diesel prices by up to ₹5
Nayara Energy, India's largest private fuel retailer, has announced a nationwide reduction in petrol and diesel prices.
India's 10-year bond yield steady at 6.76%, traders remain cautious
The benchmark 10-year bond yield opened steady at 6.7598% as traders awaited fresh cues, following June's steepest monthly fall since July 2019 amid strong investor sentiment.
Foreign investors drive record ₹41,800cr into Indian government bonds
Foreign investors poured $4.4 billion into Indian bonds in June, driven by tax cuts and new bond additions under the fully accessible route, boosting market confidence.
Commercial LPG prices slashed by ₹183.5
In a major relief for restaurants and commercial establishments, the government has slashed the price of a 19kg commercial LPG cylinder by ₹183.5 from today.
Fitch Ratings warns AI, digital infrastructure could weaken global credit
Fitch Ratings warns that while AI enhances efficiency, it poses significant risks to jobs and tax revenues in developed nations, potentially impacting global credit stability.
Microsoft may lay off about 5,500 employees: Report
Microsoft is preparing for a fresh round of job cuts, according to Business Insider.
Indian rupee opens lower at ₹94.68, gains 0.2% in April-June
The rupee slipped 2 paise to Rs 94.68 per dollar as a robust US dollar and increased importer buying pressured the currency, despite its recent quarterly appreciation of 0.2%.
Bitcoin falls to $57,742, down more than 50% since October
Bitcoin plunged 1.5% to $57,742, its lowest since September 2024, as hawkish Federal Reserve policies and concerns over major corporate buyers dampened investor sentiment.
Brookfield doubles down on India renewables as AI grows
Brookfield Asset Management sees India's growing AI adoption driving massive demand for data centres and renewable energy, leveraging its $32 billion investments in the country.
Microsoft set to cut about 5,500 jobs for AI cloud
Microsoft is reportedly preparing to cut 5,500 jobs globally next week, with significant reductions expected in divisions like sales, consulting, and the Xbox gaming unit.
India's Nayara Energy cuts fuel prices, gasoline ₹5 diesel ₹3
India’s largest private fuel retailer, Nayara Energy, has reduced petrol prices by ₹5 per litre and diesel by ₹3 nationwide, following a decline in global oil prices.
IRDAI to tag sellers on insurance policies under 2025 Act
IRDAI proposes tagging insurance policies to individual sellers, aiming to enhance accountability and transparency in addressing mis-selling complaints and protecting consumers.
Bus crash on Delhi-Mumbai Expressway kills 7, injures 22
Seven people died and 22 were injured after a speeding bus crashed and caught fire on the Delhi-Mumbai Expressway early Wednesday, prompting rescue efforts and investigations.
CleanMax data center and AI capacity nearly tenfold to 2.38GW
CleanMax reported a ten-fold growth in its data centre and AI segment over two years, now contributing 42% of its order book with capacity rising to 2.38 GW.
Wayve rolls out $85 million employee tender offer at $8.5B valuation
Wayve, valued at $8.5 billion, is offering employees a chance to sell vested equity through an $85 million tender led by existing and new investors.
Knack Packaging opens IPO, seeking ₹439.5cr, subscription ends July 3
Knack Packaging's Rs 439.5 crore IPO opens for subscription, featuring a price band of Rs 161-170 per share and a strong 15% grey market premium.
Government cuts 19-kg commercial LPG to ₹2,930 in Delhi
The government has slashed the price of 19-kg commercial LPG cylinders by ₹183.50, bringing Delhi's rate to ₹2,930, while domestic cylinder prices remain unchanged.
Lime goes public in US, raises $174 million at $1.6B valuation
Lime, supported by Uber, raised $174 million in its US IPO, pricing shares at $25 each and achieving a market valuation of $1.6 billion.
Sanae Takaichi sets ¥1,100 trillion Japan economy target by 2040
Japanese Prime Minister Sanae Takaichi unveiled ambitious plans to boost GDP to ¥1,100 trillion ($6.8 trillion) by 2040, driven by AI and chip investments totaling ¥101.6 trillion.
Etched raises $800 million in Jane Street-led round, plans summer shipment
AI chip startup Etched has raised $800 million, with major investments from Jane Street and a TSMC-linked firm, aiming to challenge Nvidia in the AI hardware market.
Tax audits for intraday and F&O speculative income AY 2026-27
Stock market traders must conduct a tax audit for AY 2026-27 if their turnover exceeds Rs 1 crore or Rs 10 crore, depending on cash transaction thresholds.
South Korea posts $102.25B June export record driven by semiconductors
South Korea's exports surged 70.9% in June, the fastest annual growth since 1978, driven by record semiconductor shipments and booming global demand for AI-related technology.
Microsoft preparing to lay off under 2.5% of workforce
Microsoft plans to reduce its workforce by under 2.5%, impacting thousands of roles, including sales, consulting, and Xbox division jobs, as part of cost-cutting measures.
Oil rises after Iran refuses US meeting in Qatar
Oil prices rose as Iran's refusal to meet U.S. envoys strained the fragile ceasefire, while declining U.S. crude and gasoline inventories added further support to the market.
India ships 1st commercial semiconductor chips from Sanand to Malaysia
CG Semi's Sanand facility achieved a milestone by dispatching its first commercial shipment of assembled chips to Kuala Lumpur on June 19, supporting JV partner Renesas' clients.
Since January 2026 tech layoffs top 120,000 amid AI adoption
Over 120,000 tech employees were laid off in 2026 as companies like Meta and Amazon embraced AI-driven productivity, replacing roles with intelligent systems.
Oyo parent Oravel Stays Ltd files ₹6,650 cr IPO
Oravel Stays Ltd plans to allocate ₹4,987 crore from its ₹6,650 crore IPO towards repaying or prepaying outstanding borrowings, reducing annual borrowing costs by 25%.
SEBI proposes AIF rule overhaul for transparency and fairness
Sebi has proposed a uniform 75% investor approval threshold for key decisions in alternative investment funds, aiming to address conflicts and streamline consent methodologies.
Voltas sells 10L ACs in 81 days with Chennai plant
Voltas achieved a milestone by selling 1 million air conditioning units in just 81 days, driven by soaring demand as India experienced intense heatwaves.
World Bank to stop lending to China by 2031
The World Bank will cease lending to China by 2031, reflecting the nation's economic growth and reduced poverty, as outlined in its new country partnership framework.
Tata Sons votes August 18 on N Chandrasekaran chairmanship
Tata Sons chairman N Chandrasekaran's directorship renewal will be decided at the August 18 AGM, amid stakeholder tensions and legal restrictions affecting voting dynamics.
Nasdaq posts best quarterly gain in 6 years, up 21.4%
The Nasdaq soared 21.4% through June, marking its best quarter in six years, driven by optimism around artificial intelligence and easing oil prices boosting US market sentiment.
FTC fines Amazon $2.25 million for withholding identity theft records
Amazon has been fined $2.25 million by the FTC for violating the Fair Credit Reporting Act by failing to assist identity theft victims with fraudulent account records.
US stocks end June strong as Nasdaq jumps 21%
The S&P 500 and Nasdaq achieved their best quarterly gains since 2020, driven by optimism over economic growth and AI advancements, despite ongoing tensions from the Iran conflict.
FICCI survey finds India's manufacturing lost momentum in Q1 FY27
India's manufacturing sector grew at a slower pace in Q1FY27, with 77% of firms reporting stable or higher production, down from 93% in the previous quarter, FICCI reported.
India's RBI allows banks to finance takeovers up to 75%
India's RBI introduces a transformative acquisition finance framework, integrating regulated banks into M&A funding, previously dominated by private credit and offshore lenders.
War in Iran spikes oil prices and worsens Indian inflation
The Iran war in 2026 triggered soaring oil prices, a weakening rupee, and massive foreign investor withdrawals, destabilizing India's economy and financial markets.
West Bengal BJP to revive Calcutta Stock Exchange in 2026-27
The BJP government in West Bengal has announced plans to revive the 118-year-old Calcutta Stock Exchange, aiming to restore Kolkata's status as a financial hub.
After Trent, Noel Tata is stepping down as Voltas chairman
Noel Tata, a veteran leader of the Tata Group, has announced his decision to step down as Chairman of Voltas.
EY fires employee for accessing Australian PM's bank account
An employee of Ernst & Young (EY), one of the Big Four accounting firms, has been fired after allegedly accessing Australian Prime Minister Anthony Albanese's personal banking information.
India Semiconductor Mission 2.0 secures funding worth ₹1.25 lakh crore
The Expenditure Finance Committee (EFC) has approved an allocation of ₹1.25 lakh crore for the second phase of the India Semiconductor Mission (ISM 2.0).
ITR filing deadlines for AY 2026-27 revised: Check new dates
The Income Tax Department has revised the due dates for filing Income Tax Returns (ITRs) for the assessment year (AY) 2026-27.
You can now pay via UPI in Greece
India's unified payments interface (UPI) has officially launched in Greece, expanding its global footprint.
Air India won't charge you for handling sports equipment anymore
In a major relief for athletes, Air India has announced the waiver of handling charges for sports equipment across all sectors.
NBCUniversal might start making video games
NBCUniversal is looking to expand into digital gaming and new entertainment franchises, following its planned separation from Comcast, Reuters has reported.
OYO parent Prism has filed new papers for ₹6,650cr IPO
Prism, the parent company of hospitality giant OYO, has filed updated draft papers with the Securities and Exchange Board of India (SEBI) for a ₹6,650 crore initial public offering (IPO).
Why Amazon has been sued in Australia
The Australian Competition and Consumer Commission (ACCC) has sued Amazon Australia, claiming that the company's Prime subscription contracts had unfair terms.
Why Warren Buffett is pausing annual donation to Gates Foundation
Warren Buffett, the billionaire investor and Chairman of Berkshire Hathaway, has decided to halt his annual donation to the Gates Foundation, as per the Wall Street Journal.
Diesel, petrol can be sold to commercial buyers from July
India will lift the restrictions on petrol and diesel sales for commercial buyers from July 1.
Why Versace, Jimmy Choo are hiring secret investigators in India
As India's luxury market continues to grow, global brands like Versace, Michael Kors, and Jimmy Choo are taking extra measures to protect their intellectual property.
India's industrial production grows by 5.1% in May
India's industrial production grew by a healthy 5.1% in May, according to the latest data from the Ministry of Statistics and Programme Implementation (MoSPI).
Comcast is splitting into 2 companies
In a major restructuring move, Comcast has announced plans to split into two publicly traded companies.
South Korea bets $576B on chips, AI to boost economy
South Korea has announced a massive industrial strategy focused on semiconductors and artificial intelligence (AI).
Apple accuses CCI of 'copy-pasting' rivals' claims in antitrust case
Apple has accused India's antitrust investigators of "copy-pasting" claims from its competitors and not conducting a thorough investigation, regulatory papers reviewed by Reuters reveal.
India, Seychelles sign major deal to boost bilateral ties
India and Seychelles have signed a major agreement to strengthen their bilateral ties.
Shares of Persistent Systems crash 10% today: What's the reason?
Persistent Systems' shares plummeted by 10% to ₹4,353.35 today, following the company's announcement of its planned acquisition of German digital engineering firm Nagarro SE.
Residential sales in India hit 3-year low: What's the reason?
India's residential real estate market has witnessed a major slump in the April-June quarter, with sales hitting their lowest level since January 2023.
Verizon and BT Group are merging their international businesses
British telecom giant BT Group and US mobile company Verizon have announced a merger of their international businesses.
Why $6.9T could be wiped out from world's GDP
The World Economic Forum (WEF) has warned that a full East-West economic decoupling could cost the global economy as much as $6.9 trillion in GDP.
EPFO portal upgrade enters final day, services to resume tomorrow
The Employees' Provident Fund Organisation (EPFO) has temporarily halted some online services related to Employees' Provident Fund (EPF) claims.
India urges EU to reconsider metal scrap export restrictions
India has requested the European Union to reconsider its proposed restrictions on metal scrap exports.
Hexaware shares up by 9% today: Here we decode why
Shares of Hexaware Technologies Ltd skyrocketed by up to 9% today to ₹539 apiece, after the company announced its partnership with Amazon.
Dunzo co-founder's new AI start-up automates your household tasks
Kabeer Biswas, the co-founder of Dunzo, has launched a new artificial intelligence (AI) start-up called M. The company aims to automate household tasks, starting with the kitchen.
Zerodha will soon offer investment banking services in India
Zerodha, India's leading discount broking platform, is gearing up to foray into the investment banking sector. The move marks a major expansion of its financial services portfolio.
Gold, silver prices seeing a decline today: What's the reason?
Gold and silver prices witnessed a decline on the Multi Commodity Exchange (MCX) today.
NPCI plans to integrate AI into UPI
The National Payments Corporation of India (NPCI) is considering the integration of artificial intelligence (AI) into its Unified Payments Interface (UPI).
Samsung, SK Hynix, Micron sued over alleged price-fixing of RAM
Samsung, SK Hynix, and Micron, the world's top three memory suppliers, have been sued for alleged price-fixing of RAM.
After CBSE tender row, student posts 1.6cr government contracts online
Class 12 student Sarthak Siddant has launched a public portal with around 1.66 crore procurement records from the Central Public Procurement (CPP) Portal of India.
HDFC Bank likely to name new chairman within 7-10 days
HDFC Bank is expected to finalize a new chairman within the next seven to 10 days, according to CNBC-TV18.
NoBroker now offers you home salon services in Bengaluru
Prop-tech platform NoBroker Technologies Solutions Pvt. Ltd has entered the home salon services market with its new offering, Zivora.
Could AI downturn lead to faster financial market crash?
The Bank for International Settlements (BIS), often referred to as the "bank of central banks," has warned that an artificial intelligence (AI) downturn could lead to a sharper and faster crash than traditional banking crises.
Did ex-HDFC Bank chairman not cooperate with external legal review?
Atanu Chakraborty, the former chairman of HDFC Bank, has denied the bank's claim that he did not cooperate with an external legal review after his resignation.
This infrastructure investment trust wants to raise ₹5,000cr via IPO
Cube Highways Trust, a leading infrastructure investment trust in India, has begun roadshows for its initial public offering (IPO).
These 11 IPOs will hit Indian market next week
The Indian stock market is gearing up for another busy week with 11 new initial public offerings (IPOs) set to hit the primary market.
Manufacturing medical devices in India is about to become easier
The Union Health Ministry has proposed changes to the Medical Devices Rules, 2017, with an aim to fast-track the process of granting manufacturing licenses for medical devices.
This unicorn is planning a $300M IPO at $2B valuation
Proptech unicorn Square Yards has begun preparations for an initial public offering (IPO) to raise between $200 million and $300 million.
Market cap of India's 6 top firms rises by ₹88,678cr
The Indian stock market witnessed a modest rise last week, with six of the top 10 companies gaining ₹88,678.1 crore in market capitalization.
Jewar to become North India's Silicon Valley: Ashwini Vaishnaw
The Indian government has taken a major step toward establishing Jewar as a key player in the global electronics and semiconductor manufacturing arena.
Amazon hikes price of key AI cloud service by 20%
Amazon has raised the prices of one of its key artificial intelligence (AI) cloud services by a whopping 20%.
India's crude oil import dependence crosses 90%, raising economic risks
India's dependence on imported crude oil has crossed the 90% mark, a trend that could make the economy more vulnerable to external shocks, according to a recent report by EY.
Bank holiday next week: Check when they will remain closed
Public and private sector banks in India will observe a single holiday next week, between June 29 and July 5.
Release unredacted Epstein documents or explain why: US judge
A US federal judge has ordered the Justice Department to either release unredacted versions of key documents related to convicted sex offender Jeffrey Epstein or explain why they can't be disclosed.
New rules introduced for taxpayers shifting business locations
The Central Board of Indirect Taxes and Customs (CBIC) has announced a new procedure for taxpayers shifting their principal place of business.
India needs 2,000GW of new power capacity in near future
India will need to add nearly 2,000 gigawatts (GW) of new power generation capacity in the next two decades to meet the rising energy demand and reduce dependence on imported fuels, said Sagar Adani, Executive Director of Adani Green Energy.
IRDAI plans new insurance distribution reforms to protect policyholders
The Insurance Regulatory and Development Authority of India (IRDAI) is gearing up to unveil a discussion paper on insurance distribution reforms.
Upcoming changes for taxpayers, bank customers, Aadhaar and passport holders
Several key financial changes will come into effect from July 1, 2026.
GameStop won't give up on buying eBay
GameStop has said it will continue with its proposed takeover of eBay, despite the latter's rejection of an unsolicited cash-and-stock offer worth some $56 billion.
Why Bengaluru land prices rival NYC? Sridhar Vembu explains
Sridhar Vembu, the Founder and Chief Scientist of Zoho Corporation, has blamed rampant corruption for the skyrocketing land prices in Indian cities like Chennai and Bengaluru.
This AI firm's lowest-paid H-1B worker earns over ₹1cr
Anthropic, an artificial intelligence (AI) company, has revealed its pay scale through US visa filings.
Why Trump has threatened 100% tariff on European countries
US President Donald Trump has threatened to impose a 100% import tariff on any European country that imposes a tax on digital services provided by American companies.
Kotak Mahindra Bank's CEO Ashok Vaswani is stepping down
Ashok Vaswani, the Managing Director and Chief Executive Officer (CEO) of Kotak Mahindra Bank, has announced his decision not to seek re-appointment after his current term ends on December 31.
You can now ride a 'Bharat Taxi' in Gujarat
Union Home Minister Amit Shah has launched 'Bharat Taxi,' India's first driver-owned ride-hailing platform.
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).
'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.
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.