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Sensex falls over 500 points as geopolitical tensions rise
The Sensex and Nifty50 opened lower due to weak global cues and rising oil prices. IndiGo and ICICI Bank shares also fell by 2% each.
Anthropic to sue US government over military AI contract ban
Anthropic PBC plans to legally challenge the US Defence Department's decision to label the AI company as a supply-chain risk, potentially leading to a court battle.
Two chartered accountants arrested in ₹641 crore cyber fraud
The Enforcement Directorate (ED) has arrested two chartered accountants linked to a ₹641 crore cyber fraud and money laundering case.
Diabetes, weight loss drug to become much cheaper in India
Over 50 Indian pharmaceutical companies are gearing up to launch their versions of semaglutide, as key patents for Ozempic and Wegovy expire next week.
Telefonica, Mavenir launch AI innovation hub for telecom networks
US-based telecom software firm Mavenir is intensifying its AI-led strategy in India, following a financial restructuring and shift from hardware-led Open RAN ambitions.
Oil prices drop over 2% after spike on Thursday
Oil prices experienced a significant drop of more than two percent in early Asian trade, following recent gains due to Middle East conflict.
RBI's record bond purchases keep lending smooth amid massive borrowings
The Reserve Bank of India (RBI) is buying government bonds to offset liquidity drain and stabilize yields amidst geopolitical tensions.
Sensex crosses 80,000 mark again
The Sensex reversed its downward trend, gaining 900 points due to improving geopolitical cues and positive developments in the US-Iran conflict.
Unlisted Indian firms can directly list abroad: What's the impact
GIFT City is set to release a framework allowing companies to list shares directly without conducting an IPO, expanding access to global investors.
War in West Asia pushes airfares to new heights
Insurance companies are raising war-risk premiums for airlines operating in West Asia, potentially leading to increased airfares as carriers pass on costs to passengers.
Tech hiring in India picks up, but still way off
India's technology job openings rose by 9% in March, indicating a short-term increase in hiring demand despite AI disruption uncertainties.
Lam Research to invest $1.2 billion in Karnataka
Semiconductor giant Lam Research is developing an Indian supplier base for global orders and planning a new systems engineering lab in Bengaluru, according to its India MD.
Infosys mandates minimum office days for junior employees
Infosys has instructed employees at job level 6 plus (JL 6A) and above to work from the office four days a week, as part of its return-to-office strategy.
Rozana raises ₹290cr to expand rural e-commerce platform
Rural e-commerce startup Rozana has raised ₹290 crore in a Series B funding round led by Bertelsmann India Investments, aiming to expand its rural storefront network.
India, UAE to link digital currencies for faster cross-border payments
The central banks of India and the UAE are working to link their sovereign digital currencies, potentially enabling instant money transfers between the two countries.
Explained: Why Indian rupee fell to record low against US dollar
The Indian rupee saw a significant boost, closing at 91.60/$1, following substantial interventions by the Reserve Bank of India (RBI) to prevent further weakening.
US's AI chip export restrictions to China could impact NVIDIA
The Trump administration is reportedly drafting rules to regulate the export of AI chips, requiring U.S. government approval for international shipments.
Trump's trust invested up to $2.25 million in Netflix bonds across December 2025 and January 2026
President Trump's trust purchased up to $1.25 million in Netflix bonds during the company's intense bidding war for Warner Bros. Discovery, recent government filings reveal.
Nominal hits $1B valuation, eyes expansion beyond defense
Nominal, a startup offering software for hardware engineers' design testing, has raised $155 million in 10 months and reached a valuation of $1 billion.
French cops nab contractor who stole $46 million in crypto heist
John Daghita, accused of stealing $46 million in cryptocurrency from the U.S. government, has been arrested by French law enforcement and the FBI on Saint Martin Island.
Oracle to lay off thousands as AI centers cost billions
Oracle Corp. is reportedly planning to cut thousands of jobs as it grapples with a cash crunch caused by a significant expansion into AI data centers.
Fractal's Q3 FY26: Healthcare, banking drive 21% revenue growth
Enterprise AI firm Fractal Analytics reported a consolidated profit of Rs 100.1 crore in its first quarterly results after listing on Indian stock exchanges.
Trump orders US agencies to stop using AI tool
President Donald Trump has taken credit for the current predicament of AI company, Anthropic, stating he fired them "like dogs".
Grocery start-up FirstClub in talks to raise $60M
FirstClub, a Bengaluru-based premium retail grocery start-up, is in advanced talks to raise $50-60 million (around ₹450-550 crore) from Peak XV Partners and Sofina Ventures, according to Moneycontrol.
Palantir faces tough task of severing ties with Anthropic
Palantir, a leading tech company, is facing the tough task of severing its ties with Anthropic. This comes after a dispute between the AI lab and the Pentagon over safety protocols.
OpenAI's annualized revenue surpasses $25B mark
OpenAI has crossed the $25 billion mark in annualized revenue, The Information reported on Wednesday.
Sergey Brin joins Bezos, Zuckerberg in Miami with $51M mansion
Google co-founder Sergey Brin is reportedly the new owner of a $51 million waterfront mansion in Miami.
US-Iran war: Why investors are dumping silver and buying gold
The ongoing conflict in the Middle East, pitting the US and Israel against Iran, has triggered a global risk-off sentiment.
China sets lowest GDP growth target in 35 years
China has set its annual economic growth target for 2026 at a range of 4.5% to 5%, the lowest since 1991.
Morgan Stanley cuts 2,500 jobs globally despite strong financial performance
Morgan Stanley has laid off around 2,500 employees worldwide, according to The Wall Street Journal.
Gold, silver ETFs soar amid escalating US-Iran war
Gold and silver exchange-traded funds (ETFs) witnessed a sharp spike on Thursday.
Why Reliance shares are rising amid US-Iran war
Reliance Industries Limited (RIL) witnessed a sharp surge in its share price on Thursday, gaining up to 3%.
Estee Lauder fully acquires Forest Essentials
Estee Lauder Companies has announced its plan to acquire an additional 51% stake in Indian luxury beauty brand, Forest Essentials.
Why NVIDIA may pull back from investing in OpenAI, Anthropic
NVIDIA CEO Jensen Huang has hinted at a possible reduction in his company's investments in OpenAI and Anthropic.
Sensex gains 500 points: What's behind today's rally?
The Indian stock market opened on a positive note today, with the S&P BSE Sensex gaining nearly 500 points to trade at 79,603 and the Nifty50 rising by 175 points to reach 24,656.
SBI hires 5,800 Junior Associates to strengthen customer service
The State Bank of India (SBI), the country's largest lender, has hired 5,783 Junior Associates across various states and union territories.
Oil prices soar as US-Iran war disrupts global supply routes
Oil prices have soared on Thursday, owing to fears of supply disruptions from the ongoing US-Iran conflict. The prolonged closure of the Strait of Hormuz has also contributed to this spike.
US court orders refunds for Trump tariffs
In a major blow to President Donald Trump's administration, a federal judge in New York has ordered companies that paid certain tariffs during his tenure to be refunded.
Google settles with Epic, cuts Play Store commission to 20%
Google has agreed to a settlement with Epic Games, the developer of Fortnite, over antitrust concerns.
MRF to invest ₹5,300cr in new tire manufacturing plant
Leading tire manufacturer MRF has announced plans to set up a greenfield manufacturing facility in Tamil Nadu.
Gold, silver ETFs down 7% today: Here we decode why
Gold and silver exchange-traded funds (ETFs) witnessed a major drop today. The decline came as investors booked profits after a recent rally in precious metals.
Ookla, Downdetector, and Speedtest sold to Accenture for $1.2B
Accenture has acquired the connectivity division of Ziff Davis for a whopping $1.2 billion in cash.
This fintech unicorn wants to raise ₹1,500cr via IPO
Fintech unicorn Moneyview Limited has filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).
PhonePe eyes $10.5B valuation for its IPO in India
Walmart-backed Indian fintech giant PhonePe is gearing up for an initial public offering (IPO) at a valuation between $9 billion and $10.5 billion, according to Reuters.
After Pentagon, OpenAI might sign a contract with NATO
OpenAI is considering a contract to deploy its artificial intelligence (AI) technology on the North Atlantic Treaty Organization's (NATO) "unclassified" networks, as per Reuters.
Wipro stocks hit 52-week low today: Here we decode why
Wipro's shares hit a 52-week low of ₹195.10 this morning, down 1.74% from the previous close.
Services PMI falls to 58.1 in February: What's the reason?
India's services sector growth has slowed down in February, with the Purchasing Managers' Index (PMI) slipping to a two-month low of 58.1 from January's 58.5.
Who is Frank Yeary, Intel board chair departing after 17-years
Frank Yeary, the long-serving board Chair of Intel, has announced his retirement.
HDFC Bank to increase locker rentals: Check new rates
HDFC Bank is set to revise its safe deposit locker rental charges from April 1, 2026.
Indian rupee hits all-time low of ₹92.17 against US dollar
The Indian rupee has hit a new low against the US dollar, breaching the ₹92 mark for the first time ever.
PPF or FD: Which investment suits rural population?
In rural India, where financial literacy is low, saving schemes like Public Provident Fund (PPF) and Fixed Deposits (FDs) are popular.
Real estate investment trusts (REITs): All about the investment option
Real Estate Investment Trusts (REITs) are becoming popular as an easy way to invest in real estate without having to buy property.
Iran conflict: JSW first Indian company to be directly affected
JSW Infrastructure Ltd, a leading Indian company, has been directly impacted by the ongoing US-Israel-Iran conflict.
HBO Max and Paramount+ are merging to rival Netflix
In a major move that could reshape the global streaming landscape, HBO Max and Paramount+ are set to merge.
5 overlooked but useful loans you need to know about
India's financial landscape is dotted with a plethora of loan options, some of which are not as well-known but can be quite useful.
India's Saudi oil imports hit record high: What's the reason?
India's crude oil imports from Saudi Arabia reached a record high of 1.05 million barrels per day (bpd) in February, according to data from analytics firm Kpler.
Japan is interested in rare earth deposits in Rajasthan
Japan is in talks with India to jointly explore rare earth deposits in Rajasthan, according to Reuters.
Tata Sons to invest ₹11,000cr in Jamshedpur
Tata Sons Chairman N Chandrasekaran has announced a massive investment of ₹11,000 crore in advanced technology for Jamshedpur.
Meet Offbeat Studios, Boat founder Aman Gupta's new venture
Aman Gupta, the co-founder of consumer electronics brand Boat, has announced his new venture, Offbeat Studios.