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Chinese companies get 8x more subsidies than Indian counterparts
A recent report by the Organisation for Economic Co-operation and Development (OECD) has revealed that Chinese companies received significantly more government support than their Indian counterparts between 2005 and 2024.
Will OPEC+ approve increase in oil output today?
The Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, are poised to approve a fourth consecutive increase in their oil output target.
Mainboard IPOs, SME listings to watch out for next week
The primary market is witnessing a revival, with strong demand for the IPOs of CMR Green Technologies and Hexagon Nutrition.
Top 7 Indian companies lost ₹1.25L crore last week
The combined market capitalization of seven out of the top 10 most valued companies in India fell by ₹1.25 lakh crore last week.
Why LIC is in talks with RBI and SEBI
The Life Insurance Corporation of India (LIC) is in talks with key financial regulators, including the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI).
Cooking gas in India cheaper than abroad, says Modi government
The Ministry of Petroleum and Natural Gas has said that Indian households pay much less for cooking gas than those in other countries.
Infra investment firm mulling India-focused fund with ₹5,000cr corpus
I Squared Capital (ISQ), a global infrastructure investment firm, is considering the establishment of an India-focused vehicle with a corpus of ₹4,000-5,000 crore, as per Mint.
Zepto to file IPO papers next week, seeks $1B
Zepto, a leading quick commerce start-up, is gearing up to file its updated draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) early next week, according to media reports.
Reliance Infra seeks review of surveillance norms for IBC firms
Reliance Infrastructure has urged the Securities and Exchange Board of India (SEBI), National Stock Exchange (NSE), and Bombay Stock Exchange (BSE) to review the surveillance framework for companies involved in Insolvency and Bankruptcy Code (IBC) cases.
Saudi Arabia eases property ownership rules for non-resident foreign firms
Saudi Arabia has announced new guidelines for non-resident foreign companies looking to own property in the Kingdom without having to set up or conduct economic activities.
Finnair in talks with SpaceX, Amazon for inflight Wi-Fi
Finnair, the flag carrier of Finland, is in talks with SpaceX's Starlink and Amazon's Leo to provide inflight Wi-Fi services on its planes.
India to drive nearly half of global oil demand growth
Igor Sechin, the CEO of Russian oil giant Rosneft, has predicted that India will account for nearly half of the global increase in oil demand over the next decade.
LG Chairman grills dinner for NVIDIA CEO in viral video
A casual dinner between some of the biggest names in global technology has gone viral.
Nestle India's royalty payment to parent company jumps 14%
Nestle India has reported a whopping 14.2% increase in its sales revenue for the fiscal year ending March 2026. The company's revenue surged to ₹23,071.46 crore during this period.
India's GDP growth may slow to 6.5% in FY27
India's economic growth is expected to slow down to around 6.5% in the fiscal year 2027 (FY27), according to research reports from brokerage firms Dolat Capital and ICICI Global Markets.
Top 7 Indian firms lost ₹1.25L/cr as Sensex Nifty slipped
The combined market valuation of seven of the top-10 most-valued firms fell by ₹1.25 lakh crore last week, with Reliance Industries suffering the steepest loss of ₹39,718 crore.
OPEC+ set to approve 4th oil output target increase Sunday
OPEC+ is expected to approve its fourth consecutive output target increase on Sunday, despite ongoing supply disruptions caused by the Strait of Hormuz closure and the UAE's exit.
India tops 2024-25 global crypto adoption index with over 119 million
India leads the Global Crypto Adoption Index for 2024–25, boasting 119 million crypto owners and accounting for 15% of the world's estimated 861 million users.
AI now top reason for layoffs in US
A recent report by Challenger, Gray & Christmas has revealed that artificial intelligence (AI) is the top reason for job cuts in the US this year.
Trump administration weighs taking stake in OpenAI
The Trump administration is reportedly considering an equity stake in OpenAI, the leading artificial intelligence (AI) company co-founded by billionaire Sam Altman.
Who's Sriram Krishnan? Trump's Indian-origin AI adviser leaving White House
Sriram Krishnan, a prominent Indian-American tech executive and venture capitalist, has announced his decision to step down from his role as the Senior White House Policy Advisor on Artificial Intelligence (AI).
Health insurance claim denied? Insurers now have to explain why
The Insurance Regulatory and Development Authority of India (IRDAI) has mandated insurers to provide detailed explanations for rejecting health insurance claims.
Why EU plans to lower taxes on clean energy
The European Union (EU) is preparing to unveil a new regulation next month, aimed at reducing taxes on renewable energy and enhancing the flexibility of electricity systems.
Airlines facing bankruptcies and mergers due to Middle East war
The escalating conflict in the Middle East is expected to increase the risk of airline bankruptcies and lead to further consolidation in the industry, according to Willie Walsh, Director General of the International Air Transport Association (IATA).
CBI conducts raids in ₹661cr Haryana bank fraud case
The Central Bureau of Investigation (CBI) has conducted raids at six locations in Chandigarh, Panchkula, and Delhi-NCR.
I Squared Capital explores ₹4,000cr-₹5,000cr India fund with Indian co-investors
I Squared Capital plans an India-focused vehicle with a ₹4,000-5,000 crore corpus, targeting transport, energy transition, digital, and environmental infrastructure sectors.
CrowdStrike CEO George Kurtz warns of AI enabled hacking risks
CrowdStrike CEO George Kurtz cautions that unchecked AI spending accelerates security vulnerabilities, likening its disruptive speed to the transformative impact of the iPhone.
AI job losses in US through May surpass 2024-25 combined
AI-driven layoffs in the US have surged, with 2026 figures already surpassing the combined totals of 2024 and 2025. The technology sector faces the brunt of these job cuts.
CBI raids 6 sites in ₹661cr probe into government funds
The CBI conducted searches across six locations, uncovering alleged misappropriation of ₹661 crore involving Haryana government departments and Chandigarh administration officials.
Nestle India paid ₹1,024.5cr royalties to Swiss parent in FY26
Nestle India paid ₹1,024.5 crore in royalties to its parent firm Société des Produits Nestlé S.A. in FY26, marking a 13.91% increase from the previous year.
Willie Walsh warns jet fuel, Middle East conflict threaten airlines
Rising jet fuel prices, driven by the Middle East conflict, are pushing airlines toward financial strain, with bankruptcies and mergers expected to reshape the industry, says IATA.
India's May 2026 LNG imports rebound, US supplies 41%
India's LNG imports rebounded to pre-war levels in May, with the US emerging as the largest supplier, accounting for 41% of total imports amid disruptions from Qatar and UAE.
Illinois pauses data center tax incentives avoiding utility bill increases
Governor JB Pritzker halted state tax incentives for data centers after legislative delays in addressing their energy costs, sparking opposition from unions and industry groups.
Delhi 14.2kg LPG rises to ₹942 after ₹29 increase
The price of a 14.2-kg domestic LPG cylinder in Delhi has been increased to Rs 942, marking the second hike in three months amid rising global energy costs.
CBSE retains COEMPT for answer sheet scanning amid evaluation concerns
The Central Board of Secondary Education (CBSE) has decided to continue its partnership with Hyderabad-based COEMPT Eduteck for scanning answer sheets.
Zee Entertainment board to consider fundraising proposal next week
Zee Entertainment Enterprises Limited (ZEEL) has announced that its Board of Directors will meet on June 10, 2026.
IDFC Bank's Chandigarh fraud was an isolated incident: KPMG
A forensic review by KPMG has confirmed that the ₹646 crore fraud at IDFC First Bank's Chandigarh branch was an isolated incident.
Edible oil will now be sold in standard pack sizes
The Indian government has reintroduced standard pack sizes for major edible oils.
You can soon catch a Scandinavian Airlines flight from India
Scandinavian Airlines (SAS) has announced its intention to start operations in India.
When will EPFO's 8.25% interest reflect in your account?
The Employees' Provident Fund Organisation (EPFO) has announced an interest rate of 8.25% for the financial year 2025-26.
Gautam Adani is Asia's richest person again
Industrialist Gautam Adani has reclaimed his spot as Asia's richest person after a surge in the shares of his conglomerate, the Adani Group.
Why RBI has imposed ₹41.8L fine on Canara Bank
The Reserve Bank of India (RBI) has imposed a penalty of ₹41.8 lakh on Canara Bank for violating Know Your Customer (KYC) norms and account classification errors.
SBI Mutual Fund buys Adani Group stocks worth ₹5,747cr
SBI Mutual Fund has acquired stakes in two major companies of the Adani Group, namely Adani Enterprises and Adani Energy Solutions.
8th Pay Commission: Fitment factors, salaries likely to rise significantly
The 8th Pay Commission, set up by Prime Minister Narendra Modi last year, is currently conducting multiple state visits and meetings with employee representative groups, unions and stakeholders.
Chinese memory chip makers emerging as rivals to global giants
Chinese memory chip manufacturers are emerging as formidable competitors to global semiconductor giants, according to Jefferies's latest GREED & fear report.
Meta explores stock sale to help fund growing AI ambitions
Meta, the parent company of Facebook and Instagram, is considering a major stock sale to raise funds for its artificial intelligence (AI) initiatives.
Ixigo to acquire majority stake in hotel booking start-up Brevistay
Le Travenues Technology, the parent company of online travel platform Ixigo, has approved the acquisition of a 54.66% stake in hotel booking start-up Brevistay Hospitality for ₹65.69 crore.
Apollo, Blackstone secure $35B debt package for Anthropic
Apollo Global Management and Blackstone have secured a massive $35 billion financing package for Anthropic PBC. The move is aimed at bolstering Anthropic's artificial intelligence (AI) infrastructure.
RBI appoints Sahamati as self-regulatory body for Account Aggregator ecosystem
The Reserve Bank of India (RBI) has appointed Sahamati as the Self-Regulatory Organisation (SRO) for India's Account Aggregator (AA) ecosystem.
Reid Hoffman exits Microsoft board to focus on AI start-up
Reid Hoffman, the co-founder of LinkedIn and a prominent venture capitalist, is leaving Microsoft's board of directors.
IBM allegedly covered up major data breaches, lawsuit claims
William Barlow, a former vice president of threat intelligence at IBM, has accused the tech giant of covering up three major data breaches in the last decade.
Gold sees biggest fall in 2 months: What's the reason?
Gold prices have witnessed their biggest fall in over two months, falling as much as 3.4%.
EU might force firms to have at least 3 suppliers
The European Commission is considering new legislation aimed at reducing dependence on single suppliers, especially from China.
Amid AI boom, chipmaker Marvell to join S&P 500 index
Marvell Technology, a leading semiconductor company, will be joining the S&P 500 index later this month.
Bitcoin drops below $60,000 mark: Here we decode why
Bitcoin, the world's largest cryptocurrency, has fallen below the $60,000 mark for the first time since October 2024.
'Just a number': PM's economic adviser downplays rupee-at-100 panic
Shamika Ravi, a member of the Economic Advisory Council to Prime Minister Narendra Modi, has downplayed fears of the Indian rupee falling to 100 against the US dollar.
India's GDP growth slows to 7.8% in Q4
India's economy grew by 7.8% in the fourth quarter (Q4) of the fiscal year 2026, down from the previous quarter's growth rate of 8%.
RBI says ready for Anthropic's Mythos AI rollout
The Reserve Bank of India (RBI) has announced its readiness to handle Anthropic's latest advanced artificial intelligence (AI) model, Mythos.
RBI takes major steps to boost rupee, attract foreign capital
The Reserve Bank of India (RBI) has announced five major measures to attract foreign capital and bolster the Indian rupee.
Centre raises spending powers of military chiefs
In a major move, the Indian government has increased the financial powers of military commanders and service chiefs.
Tata Sons IPO uncertain as RBI reviews upper-layer NBFC list
The initial public offering (IPO) of Tata Sons remains uncertain as Reserve Bank of India (RBI) Governor Sanjay Malhotra has announced plans to revise the list of upper-layer non-banking financial companies (NBFCs).
India considers easing bilateral investment rules to attract more investors
In a bid to attract more foreign investment, the Indian government is considering changes to its bilateral investment treaty (BIT) framework.
RBI lowers GDP growth forecast for FY27 to 6.6%
The Reserve Bank of India (RBI) has revised its GDP growth forecast for the fiscal year 2026-27 (FY27) from 6.9% to 6.6%.
Google lays off employees in cloud and cybersecurity divisions
Google has laid off employees from its Cloud division and key cyber teams. The move comes as part of the ongoing tech sector layoffs as companies balance AI spending with headcount.
RBI eases investment norms for foreign investors to boost participation
The Reserve Bank of India (RBI) has announced a major policy change, removing concentration limits under the General Route for Foreign Portfolio Investors (FPIs).
Apple App Store generated $1.4 trillion in developer sales, billings
Apple has announced that its App Store generated over $1.4 trillion in developer billings and sales in 2025, a slight increase from the $1.3 trillion reported last year.
India exempts foreign investors from tax on government securities
The Indian government has issued the Income-tax (Amendment) Ordinance, 2026, offering tax relief to foreign institutional investors (FIIs) on interest income and capital gains from investments in government securities.
RBI pauses rate cuts: What it means for borrowers, savers
The Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 5.25% for the second consecutive policy meeting.
India's forex reserves remain above $680B: RBI Governor
India's foreign exchange reserves stood at a robust $682.3 billion on May 29, RBI Governor Sanjay Malhotra announced during the Monetary Policy Committee meeting on Friday.
RBI raises inflation forecast for FY27 to 5.1%
The Reserve Bank of India (RBI) has revised its inflation forecast for the fiscal year 2026-27, projecting consumer price inflation (CPI) at 5.1%.
RBI raises investment limits for NRIs in Indian equities
The Reserve Bank of India (RBI) has raised the investment limits for Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) in equity instruments on stock exchanges.
RBI's repo rate pause keeps home loan EMIs unchanged
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 5.25%.
RBI holds repo rate at 5.25% for 3rd consecutive time
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has kept the benchmark repo rate steady at 5.25% in its June review.
PwC finds ₹2,200cr hole in IndusInd treasury accounts
A confidential review by PricewaterhouseCoopers (PwC) has flagged serious accounting lapses in IndusInd Bank's treasury operations.
Why crypto bros are dumping Bitcoin
Bitcoin is facing a major sell-off at the start of June, with the cryptocurrency down 13% this week.
'Dawood's assassination attempts, son's kidnapping': Lalit Modi on quitting cricket
Former Indian Premier League (IPL) commissioner and chairman, Lalit Modi, has revealed the reasons behind his exit from the sport.
Indian IT firms tap GCCs for AI deals
India's leading IT services companies, including Infosys, Cognizant, HCLTech and Hexaware Technologies are focusing on Global Capability Centers (GCC) to meet the growing demand for artificial intelligence (AI) solutions.
Rajesh Exports' ₹15 trillion discrepancy: Fraud or accounting error?
The Securities and Exchange Board of India (SEBI) has launched an investigation into Rajesh Exports, a leading gold exporter.
Carlsberg India takes step toward IPO with public company status
Carlsberg India is gearing up for a possible stock market listing.
SoftBank slides 11%, biggest drop in months
SoftBank Group Corp's shares have taken a major hit, falling over 11% on Thursday.