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Business News

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04 Sep 2026
TL;DR

Thinking Machines lining up $1B round at least $40B valuation

Accel is reportedly in discussions to lead a $1 billion funding round for AI startup Thinking Machines, valuing the company at $40 billion, according to The Information.

04 Sep 2026
TL;DR

SEBI reworks ETF pricing rules effective September 7, 2026

SEBI's revised ETF pricing framework, effective 7 September 2026, introduces dynamic price bands and updated base price calculations to enhance market stability and transparency.

04 Sep 2026
TL;DR

Wonder cuts 150 employees to focus on robotics and expansion

Wonder, led by Marc Lore, cut 150 jobs (7% of its workforce) to prioritize robotics and automation, following a $650 million investment that valued the company at $9 billion.

04 Sep 2026
TL;DR

Pronab Sen urges NSO publish old and new GDP series

Former chief statistician Pronab Sen advocates for dual GDP series with old and new bases, emphasizing accurate double deflation requires comprehensive input-output price data.

04 Sep 2026
TL;DR

Nirmala Sitharaman tells New York investors 7.8% growth Q1 FY27

India's Finance Minister Nirmala Sitharaman highlighted the nation's 7.8% Q1 FY27 growth and reform-driven investment climate at a high-level business roundtable in New York.

04 Sep 2026
TL;DR

Gold jumps over 2% after Fed's Christopher Waller suggests pause

Gold surged over 2% after Fed Governor Christopher Waller signaled support for steady rates if inflation cools, while lower yields and a weaker dollar boosted demand.

03 Sep 2026
New Zealand

New Zealand to make Indian exports duty-free next month

The India-New Zealand Free Trade Agreement (FTA) will come into effect from next month.

03 Sep 2026
SpiceJet

SpiceJet plans comeback with 20 aircraft, 200 daily flights

SpiceJet has announced its plan to add 20 aircraft into its fleet by mid-November.

03 Sep 2026
New Zealand

India to finalize US trade deal after getting preferential edge

Commerce and Industry Minister Piyush Goyal has said that India will finalize its proposed trade deal with the US once Washington provides a preferential tariff advantage to Indian exporters.

03 Sep 2026
Federal Reserve

Indian rupee hits 2-month high at ₹94.3 per USD

The Indian rupee opened on a strong note today, hitting a two-month high.

03 Sep 2026
National Stock Exchange

BSE shares jump 4.5% as NSE cannot self-list after IPO

BSE's shares surged by 4.5% today, following comments from the exchange's MD and CEO Sundararaman Ramamurthy.

03 Sep 2026
Amazon

Amazon, Meesho to create 11.6L seasonal jobs amid festive rush

As India's festive season approaches, e-commerce giants Amazon and Meesho are ramping up their hiring efforts.

03 Sep 2026
Tata Sons

Tata Trusts gets relief as regulator closes share transfer complaint

Tata Trusts has received a major relief from the Maharashtra Charity Commissioner, allowing it to continue its operations and search for a new chairman.

Syed Akbaruddin, a former diplomat appointed as part-time RBI director

Former Indian diplomat Syed Akbaruddin has been appointed as a part-time non-official director on the Central Board of the Reserve Bank of India (RBI).

03 Sep 2026
London

Netherlands moves 86 tons of gold from US, Canada

The Dutch central bank (DNB) has shifted 86 tons of gold from the US and Canada to London. The transfer took several months and was prompted by "increasing geopolitical unrest."

03 Sep 2026
TikTok

ByteDance secures $30B loan amid AI spending push

ByteDance, the Chinese tech giant behind TikTok, has bagged a massive $29.6 billion loan. The move marks Asia's second-largest dollar-denominated borrowing this year.

03 Sep 2026
Nigeria

Drivers, riders stranded mid-trip after Uber abruptly exits Nigeria, Uganda

Ride-hailing giant Uber triggered widespread chaos across Nigeria and Uganda after switching off operations with immediate effect on Wednesday, reportedly stranding drivers and passengers mid-journey.

03 Sep 2026
Boeing

Boeing fined $3.1M by US aviation regulator over safety violations

Boeing has been slapped with a $3.1 million fine by the US Federal Aviation Administration (FAA) for a series of safety violations.

03 Sep 2026
Indian Economy

India's services growth picks up but stays near 4-year low

India's services sector witnessed a minor uptick in August, according to the latest Purchasing Managers' Index (PMI) data from S&P Global.

03 Sep 2026
Indian Government

7.8% or 2.6%? What is behind India's GDP data controversy

The Indian government has clarified the revisions to its Gross Domestic Product (GDP) estimates, following a claim by former Finance and Economic Affairs Secretary Subhash Chandra Garg.

03 Sep 2026
China

Trump imposes 100% tariffs on foreign-made drones

The United States has imposed new tariffs of up to 100% on drones and certain components. The move is part of Washington's effort to reduce its reliance on imports in an industry dominated by China.

03 Sep 2026
Layoff News

PayPal lays off 600 employees in India

PayPal has laid off around 600 employees in India as part of a global workforce restructuring to cut costs.

03 Sep 2026
ChatGPT

Trump supports OpenAI in copyright fight with New York Times

The Trump administration has contributed a 20-page brief in support of OpenAI, the company behind ChatGPT.

03 Sep 2026
Air India

Tata Sons to invest over ₹10,000cr in Air India

Tata Sons' board has approved a capital infusion of over ₹10,000 crore into Air India. This is one of the largest investments in the airline since its ₹18,000-crore acquisition in 2021.

03 Sep 2026
Google

Google doesn't have to sell off its ad tech business

A US District Court judge has rejected the Justice Department's request for Alphabet Inc. to sell off its advertising exchange, AdX.

02 Sep 2026
Zerodha

Zerodha's merchant banking license approved by SEBI: What's next?

Indian stock brokerage firm Zerodha has received approval from the Securities and Exchange Board of India (SEBI) to enter the merchant banking sector.

02 Sep 2026
Uber

Uber is firing 10% of its global workforce

Uber has announced a massive restructuring plan that will see around 3,300 jobs, or 10% of its global workforce, being cut.

NIACL, IFCI shares jump 12% on NSE IPO buzz

The National Stock Exchange (NSE) is reportedly gearing up to launch its initial public offering (IPO) this month.

02 Sep 2026
Flipkart

You can now watch micro-dramas on the Flipkart app

Walmart-owned Flipkart is launching a new feature on its app, introducing micro-dramas.

02 Sep 2026
India

Why India's LPG consumption hit 6-month high in August

India's liquefied petroleum gas (LPG) consumption hit a six-month high in August 2026, according to official data.

02 Sep 2026
India

India's soyoil imports touch record high: What's the reason?

India's edible oil imports surged in August, with soyoil hitting a record 601,000 tons and palm oil reaching a six-month high.

02 Sep 2026
India

Why Japan has upgraded India's sovereign credit rating to 'A-'

The Japan Credit Rating Agency (JCR) has upgraded India's sovereign credit rating by one notch to 'A-' from 'BBB+.'

02 Sep 2026
Flipkart

Flipkart loses 2 more VPs

Walmart-backed e-commerce giant Flipkart has witnessed another round of senior-level exits, with two Vice Presidents (VPs) resigning from their positions.

02 Sep 2026
SpaceX

Cognition AI to raise $1B at $47B valuation

Cognition AI, an artificial intelligence coding start-up, is on the verge of closing a new funding round that could push its valuation to around $47 billion.

02 Sep 2026
Amul

Amul is now strongest dairy brand in the world

Amul has been named the world's strongest dairy brand by Brand Finance, a brand valuation consultancy.

This data center operator is planning $1.5B IPO in India

Yotta Data Services, a leading data center operator backed by the Hiranandani Group, is gearing up for an initial public offering (IPO) in the January-March quarter of 2027.

02 Sep 2026
Taiwan

Taiwan's companies to invest another $20B in US

Taiwanese companies are planning to invest an additional $20 billion in the United States, driven by the growing demand for artificial intelligence (AI) applications.

02 Sep 2026
Subhash Chandra

NCLAT to hear Subhash Chandra's insolvency case on October 7

The National Company Law Appellate Tribunal (NCLAT) has postponed the insolvency proceedings against Zee Entertainment Enterprises founder Subhash Chandra to October 7.

02 Sep 2026
Tata

When will Tata Sons announce its next chairman?

The search for a new Chairman of Tata Group has hit a snag due to regulatory hurdles.

02 Sep 2026
Axis Bank Ltd

Axis Bank now lets you set personal UPI transaction limits

Axis Bank has launched a new feature, called UPI Limit Management, that lets customers set their own transaction limits for different categories of Unified Payments Interface (UPI) transactions.

Deepa Jewellers IPO fully subscribed, GMP points to 23% gain

The initial public offering (IPO) of Deepa Jewellers has been fully subscribed on the second day of bidding.

02 Sep 2026
Sensex

Sensex tanks over 600 points: What's behind today's deline?

India's benchmark equity indices fell sharply on Wednesday, mirroring the trend in global markets.

02 Sep 2026
Donald Trump

Oil prices soar to $96 as US-Iran tensions escalate

Oil prices climbed on Wednesday amid escalating Middle East tensions following recent US strikes on Iranian targets and reported retaliatory action by Tehran against US allies.

02 Sep 2026
Apple

Apple's new CEO John Ternus gets $58M pay package

Apple has announced the pay packages for its new CEO, John Ternus, and executive chairman, Tim Cook.

01 Sep 2026
India

India's current account deficit in Q1 FY27 surges to $4.2B

India's current account deficit (CAD) widened to $4.2 billion in the first quarter of FY27, up from $3.4 billion during the same period last year.

01 Sep 2026
Reliance Industries

Meet Bombay Creamery, Reliance's answer to Kwality Wall's ice cream

Reliance Consumer Products Limited (RCPL), the fast-moving consumer goods (FMCG) division of Reliance Industries Limited, has launched a new ice cream brand called Bombay Creamery.

01 Sep 2026
India

Whatfix's co-founder and CEO Khadim Batti passes away at 49

Khadim Batti, the co-founder and CEO of Whatfix, has passed away at the age of 49 due to cardiac arrest.

01 Sep 2026
India

India's bank unions are planning a strike on September 11

The United Forum of Bank Unions (UFBU), which claims to represent over 90% of the banking workforce in India, has announced a nationwide strike on September 11.

You can soon perform agentic payments through UPI

India is gearing up to introduce a framework that will enable artificial intelligence (AI) agents to make small digital payments without needing approval for each transaction.

01 Sep 2026
Zambia

India wants copper and other critical minerals from Zambia

India has resumed talks with Zambia to explore investment opportunities in copper and other critical minerals.

01 Sep 2026
HDFC Bank

HDFC Bank's bonds hit record low: What's the reason?

HDFC Bank's newly issued dollar bonds have plummeted to unprecedented lows, following the unexpected exit of its Chief Executive Officer (CEO), Sashidhar Jagdishan.

This auto-parts maker is planning $300M IPO in India

Faridabad-based auto-parts manufacturer, Victura Technologies, is said to be mulling an initial public offering (IPO) in India.

01 Sep 2026
GST

GST collection in August up 14.8% YoY to ₹2L crore

India's Goods and Services Tax (GST) collection for August 2026 witnessed a remarkable growth of 14.8% year-on-year, reaching ₹1,99,853 crore.

ONGC, Chevron all set for oil deals with Venezuela

Leading global energy companies are on the verge of signing key agreements for projects in Venezuela.

01 Sep 2026
Paytm

KYC compliance: Millions of UPI merchants may miss RBI's deadline

The Indian payments industry is preparing for major disruptions as the Reserve Bank of India (RBI) nears its September 15 deadline for Know Your Customer (KYC) compliance.

01 Sep 2026
Amazon

Amazon sued over alleged $20B ad overcharges

The US Federal Trade Commission (FTC) and 22 states have filed a lawsuit against Amazon, accusing the tech giant of manipulating digital advertising prices on its platform.

UPI transactions cross 24B for first time

The Unified Payments Interface (UPI) has witnessed a major milestone, crossing the 24 billion transaction mark for the first time in August.

01 Sep 2026
Bombay High Court

Why your next bottle of Old Monk might look different

Mohan Rocky Springwater, the manufacturer of popular rum brand Old Monk, has agreed to change its product labeling.

01 Sep 2026
Unacademy

UpGrad buys edtech start-up Unacademy for just over $200M

Ronnie Screwvala-led UpGrad has officially acquired edtech start-up Unacademy for just over $200 million, the latter's co-founder and CEO Gaurav Munjal announced today.

SEBI's new ETF rules kick in September 7

The Securities and Exchange Board of India (SEBI) will implement new trading rules for exchange-traded funds (ETFs) from September 7.

01 Sep 2026
Bombay Stock Exchange (BSE)

Hy-Tech Engineers shares debut at 42% premium

Hy-Tech Engineers, a hydraulic fitting manufacturer, has made a strong debut on the stock market.

01 Sep 2026
Stock Market

Happiest Minds' shares down 12% after merger with ITC Infotech

The share price of Happiest Minds Technologies nosedived by nearly 12% today, following the company's announcement of a merger with ITC Infotech.

01 Sep 2026
Anthropic

Anthropic inks $35B cloud agreement with this NVIDIA-backed company

Anthropic has signed a massive $35 billion cloud-computing deal with Lambda, a cloud provider backed by NVIDIA, for a Texas data center.

01 Sep 2026
Finance

Polymarket bags $300M from Donald Trump Jr's investment fund

Polymarket, a leading prediction market platform, has raised $300 million from 1789 Capital as part of a new funding round.

01 Sep 2026
Indian Economy

India's manufacturing sector hits 5-year low in August

India's manufacturing sector has hit a five-year low in August, according to the HSBC India Manufacturing Purchasing Managers' Index (PMI).