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BSE Index Services launches BSE REITs Index tracking Indian REITs
BSE Index Services has introduced the BSE REITs Index, a benchmark designed to track the performance of six listed Real Estate Investment Trusts in India.
India AI startups see funding talks for MStack, Simplismart
India's AI startup ecosystem sees renewed investor interest, with MStack AI eyeing $30M+ from Alpha Wave, Lightspeed, Prosperity7 and Simplismart targeting $50M with Peak XV.
Indian markets open lower as rising Brent crude unnerves investors
Sensex dropped 300 points from its day's high, while Nifty slipped below 24,550 as rising Brent crude prices and a weaker rupee weighed on investor sentiment.
Sensex 78,502 as Nifty holds above 24,580 after Q1 earnings
Indian stock markets opened flat on Monday as robust Q1 earnings offset concerns over rising oil prices and geopolitical tensions, with Nifty crossing the critical 24,580 mark.
Cupid nearly triples April-June profit to 44.1cr as revenue doubles
Cupid reported a nearly threefold surge in Q1 net profit to Rs 44.1 crore, driven by strong revenue growth and robust international B2B healthcare demand.
White House adviser Kratsios says firms blame AI for layoffs
White House adviser Michael Kratsios suggests companies may overstate AI's role in workforce reductions, using it as a media-friendly narrative for broader restructuring.
Kosdaq surges over 30% after leveraged ETF access rules change
South Korea’s Kosdaq index has soared over 30% since late July, driven by a shift from leveraged ETFs tied to major chipmakers amid tightened regulatory measures.
Indian rupee opens stronger at 95.17 against US dollar
The Indian rupee opened 4 paise higher at 95.17 against the US dollar, while Asian currencies showed mixed performance amid global economic and geopolitical developments.
Sony and TSMC plan $6.4 billion Kumamoto image sensor factory
Sony and TSMC are discussing a ¥1 trillion investment to build a next-gen image sensor factory in Kumamoto, Japan, targeting production for cars and robots by 2029.
Anawil Wire & Engineering debuts with 21% NSE SME premium
Anawil Wire & Engineering shares debut on the NSE SME platform today, with a 21% grey market premium indicating strong investor interest and potential listing gains.
Japan's Nikkei rises 2% on AI and semiconductor gains
Japan's Nikkei index climbed 2%, driven by gains in AI and semiconductor stocks, while Middle East uncertainties and cautious trading during Obon holidays limited further growth.
Unitree aiming to raise $904 million in Shanghai IPO
Unitree, founded in 2016, is a Chinese robotics company known for affordable quadruped and humanoid robots like G1, H1, and R1.
NPCI to expand UPI to 15 to 20 countries
India's NPCI plans to expand its UPI platform to 15-20 international markets within a decade, targeting countries with large Indian diasporas and significant remittance flows.
SEBI uses AI to monitor finfluencers influencing 62% of investors
Sebi's Project SUDARSAN leverages advanced AI to monitor misleading financial content on social media, addressing concerns as 62% of investors are influenced by finfluencers.
IFSC survey finds AI seen as upskilling tool by 32%
Around 32% of surveyed entities anticipate AI will prioritize re-skilling and job transformation, while only a minority foresee significant job reductions.
Oil climbs after delays reopening Strait of Hormuz route
Oil prices climbed amid uncertainty over the Strait of Hormuz reopening, while gold steadied following its strongest weekly gain since January, driven by U.S. jobs market concerns.
Dhoot Transmission Ltd launches ₹3,066.89cr IPO to list August 17
Dhoot Transmission Ltd. launches its Rs 3,066.89-crore IPO today, with a grey market premium indicating a potential 30% listing gain over the upper price band of Rs 871.
Meta CTO Andrew Bosworth: Use AI time to build products
Meta's CTO Andrew Bosworth stated that AI-driven productivity gains should be used to create more products and perform higher-value tasks, not to increase employee vacation time.
On Monday gold slips $16.70 to $4,383.30 and silver rises
Gold prices dipped while silver edged higher as investors assessed US interest rate expectations, dollar movements, inflation data, and geopolitical developments.
India's EV sector to create 30-40 million jobs by 2030
India's EV sector is set to generate 30-40 million jobs by 2030, with specialized roles commanding salary premiums of up to 45%, according to Adecco India.
Meta faces $1.4 trillion trial over alleged harm to minors
Meta is set to face a federal trial in Oakland, California, over allegations of designing addictive platforms for children, with potential penalties reaching $1.4 trillion.
Oil prices climb over 1% amid Strait of Hormuz uncertainty
Brent crude rose 1.32% to $84.65 a barrel as uncertainty over reopening the Strait of Hormuz persists, while geopolitical tensions continue to impact global oil markets.
Gold steady amid market focus on US inflation reports
Gold prices remained stable in early Asian trade Monday, following a 7% weekly gain, as investors awaited key U.S. inflation data for potential interest rate clues.
Oil rises as Strait of Hormuz reopening remains uncertain
Brent crude nears $94 as uncertainty over US-Iran peace talks and Strait of Hormuz reopening fuels market volatility, following last week's 7% price drop.
Indian banks ramp up gold loans to win NBFC customers
Banks are enhancing gold loan services by deploying appraisers, digitising processes, and reducing approval times as demand surges, challenging NBFC dominance in the market.
Deepak Poduval accuses Rishabh Telang of forging 2016 signature
Rishabh Telang, co-founder of Cult Fitness, faces allegations of forging signatures and criminal conspiracy in a 2016 transaction, as per an FIR filed by Deepak Poduval.
US dollar steady near 2-month low as markets watch
The U.S. dollar lingered near a two-month low on Monday as investors anticipated inflation data, which could provide insights into the Federal Reserve's future rate decisions.
E-commerce surges in India's 'Urban Bharat' cities matching metro connectivity
Urban Bharat's online shopping has surged, with nearly one-third of consumers adopting e-commerce by 2025, driven by convenience despite trust levels lagging behind metro cities.
Asian markets rise on weak US jobs easing interest-rate fears
Asian stocks gained on Monday, tracking Wall Street's rally after soft U.S. jobs data eased rate hike fears, while Gulf tensions pushed Brent crude up 0.9% to $84.32 a barrel.
Jungle Ventures makes India top priority with $200-$300 million biennial pledge
Jungle Ventures plans to invest $200-300 million in India every two years, focusing on artificial intelligence and advanced manufacturing as the country becomes its largest market.
Eternal-owned District expands offline retail while dining aims $3 billion
Zomato-owned District aims to diversify beyond dining, targeting offline shopping as its second-largest vertical within three years, driven by rapid growth in the retail segment.
Molbio Diagnostics IPO opens Aug 10 with ₹200cr fresh issue
Goa-based Molbio Diagnostics, backed by Temasek, launches its ₹930.7-crore IPO from August 10-12, offering shares at ₹768-807 each with a focus on long-term growth potential.
Brent crude near $85 amid Iran Oman Hormuz talks
Brent crude approaches $85 as traders monitor stalled Iran-Oman talks on the Strait of Hormuz, while regional tensions escalate with Houthi and tanker attacks.
Situational Awareness invests $400 million in Source Foundry to speed chipmaking
Situational Awareness, an AI-focused hedge fund, invested $400M in Source Foundry despite recent financial setbacks and a major portfolio sell-off to Citadel last month.
India hosts PSB Manthan in New Delhi to attract FDI
The government has convened a two-day meeting with public sector banks to devise strategies for attracting foreign investments and addressing the widening current-account deficit.
HAL resumes Su-30MKI production at Nashik after 11,000cr order
Hindustan Aeronautics Ltd is restarting Su-30MKI fighter jet production at its Nashik facility, with 12 new aircraft featuring over 50% indigenous content to be delivered by 2029.
Modi government might raise CCEA approval threshold for FDI proposals
The Indian government is mulling a proposal to increase the threshold for foreign direct investment (FDI) proposals that need Cabinet Committee on Economic Affairs (CCEA) approval.
Berkshire Hathaway buys back $4.5B in shares, biggest since 2021
Berkshire Hathaway has spent around $4.5 billion to repurchase its own shares in the second quarter, the company's biggest quarterly buyback since 2021.
66% AI workers in India expect layoffs in few months
A recent survey by Blind, an anonymous community app for professionals, has revealed that 66% of employees in artificial intelligence (AI) and machine learning (ML) roles expect layoffs or significant headcount reductions within the next three to six months.
AI push is putting banks at risk, says Moody's
Moody's, a credit rating agency, has warned that the financial industry's rush to adopt artificial intelligence (AI) is making major banks overly reliant on a handful of Silicon Valley companies.
India Energy Week 2027 moves from Goa to Kolkata
India Energy Week (IEW) 2027 will take place from January 28 to January 31 at the Biswa Bangla Convention Centre in New Town, Kolkata.
India can save $5B thanks to GOBARdhan scheme
The Indian Biogas Association (IBA) has projected that the GOBARdhan Scheme will help reduce India's gas import bill by $5 billion.
Market cap of India's top 4 firms up ₹1.43L crore
The combined market capitalization of four of India's top 10 most valued companies rose by a whopping ₹1.43 lakh crore last week.
Snap co-founder erases $550M medical debt for Californians
Snap co-founder Evan Spiegel and his wife, supermodel Miranda Kerr, have donated millions to wipe out $550 million in medical debt for over 261,000 Californians.
SBI's AI-driven lending generates ₹22,000cr business in Q1
The State Bank of India (SBI) has reported a major boost from artificial intelligence (AI) in its lending business.
PhonePe, Razorpay back UPI charges on bigger merchants
Leading Indian fintechs, PhonePe and Razorpay, have supported the industry's push for merchant charges on larger businesses.
Delhivery's Q1 net profit falls 65% YoY to ₹32cr
Leading logistics company Delhivery has reported a 65% year-on-year drop in its net profit for the first quarter of FY27.
China's producer price inflation hits 3-month low: What's the reason?
China's producer price index (PPI) has witnessed a significant slowdown, rising only 3.5% year-on-year in July.
Milk in Maharashtra will become costlier from August 11
From August 11, the cost of cow and buffalo milk in Maharashtra will go up by ₹2 per liter.
OpenAI acquires presentation start-up NextSlide to enhance ChatGPT
OpenAI has acquired presentation start-up NextSlide, a move that will bolster the capabilities of ChatGPT.
India's data center boom could boost housing demand by 2030
India's burgeoning data center ecosystem is poised to significantly impact the country's residential real estate sector, a new report from proptech company Square Yards has revealed.
Delhi government's new drone policy might create over 1,000 jobs
The Delhi government is ready to approve a new drone policy that aims to create over 1,000 jobs in the capital.
PhonePe says UPI payments will remain free for you
PhonePe co-founder and CEO Sameer Nigam has clarified that Unified Payments Interface (UPI) payments will continue to be free for consumers.
Why India's premium and luxury homes going unsold?
According to a report by Knight Frank India, unsold residential inventory across eight major Indian markets has increased by 4% year-on-year.
FPIs invest ₹12,290cr in first week of August
Foreign Portfolio Investors (FPIs) have made a major investment in the Indian market during the first week of August.
5 mainboard IPOs to hit India's primary market next week
Five mainboard initial public offerings (IPOs) are set to debut on the Indian primary market next week.
LIC explores investments in fintech, health insurance sectors
Life Insurance Corporation of India (LIC) is considering investments in health insurance and financial technology (fintech) sectors.
Trump Media terminates crypto deal with Crypto.com
Trump Media & Technology Group Corp. has terminated its partnership with cryptocurrency exchange Crypto.com.
UK issued over 500,000 visas to Indians in last year
The UK has issued more than 500,000 visas to Indian nationals in the year ending March 2026.
US unemployment rate drops amid job cuts
The US economy witnessed an unexpected job loss in July, with nonfarm payrolls declining by 23,000 jobs, contrary to economists' expectations of growth.
Parliamentary panel urges DRDO to finalize measurable performance targets
A parliamentary panel has urged the Defense Research and Development Organization (DRDO) to "expeditiously" finalize and notify clear, measurable Key Performance Indicators (KPIs).
Natural gas prices facing downward trend: Is recovery possible?
Natural gas prices have been on a downward trend in recent months, despite heightened geopolitical tensions in the Middle East.
Solar, wind projects within 1km of Indian borders banned
The Ministry of Home Affairs (MHA) has issued new guidelines.
Akasa Air, AI Express say fleets unaffected by FAA directive
Akasa Air and Air India Express have confirmed that their fleets of Boeing 737 aircraft are not affected by a recent directive from the US Federal Aviation Administration (FAA).
Paper Boat maker reports 96% decline in profit
Hector Beverages, the maker of beverage brand Paper Boat, has reported a massive decline in profitability for the fiscal year ending March 2026.
Blackstone-backed AGS Health seeks ₹4,800cr via IPO
Blackstone Group-owned AGS Health has filed an updated draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI).
NVIDIA to invest $3B in power infrastructure developer Lancium
NVIDIA will invest up to $3 billion in Lancium, a power infrastructure developer and the company behind the Stargate data centre campus in Texas.
Apple dominates premium smartphone market with 65% global share
Apple has captured a whopping 65% of the global premium smartphone market in the first half of 2026, according to Counterpoint Research's Handset Model Sales Tracker.
Why Indian electronics, automobile makers are turning to air freight
Indian electronics and automobile manufacturers are increasingly turning to air freight for transporting raw materials and components.
Air India hikes salaries of pilots by up to 15%
Air India has announced a significant salary hike for its pilots, with an increase ranging from 8% to 15%.
Why Accenture wants its staff to delay vacations
Accenture has announced a temporary policy change, allowing employees to carry over their unused vacation days into the next fiscal year.
Airbnb is shipping new features faster thanks to AI
Airbnb co-founder and CEO Brian Chesky has revealed that artificial intelligence (AI) is playing a major role in accelerating the company's product development.
Trump spent nearly $4B to cancel offshore wind lease
The Trump administration is paying German utility company RWE a whopping $1.2 billion to cancel an offshore wind lease.
US now supplies 67% of India's LPG imports: Hardeep Puri
The United States has emerged as India's biggest supplier of liquefied petroleum gas (LPG).
SK Hynix to invest $38B in AI memory chip expansion
SK Hynix, a leading South Korean semiconductor manufacturer, has announced a massive investment of 54 trillion Korean won ($38.1 billion) to set up two new memory chip production facilities.
Titan Q1 profit jumps 65% to ₹1,699cr
Titan Company has posted a robust growth in its first-quarter earnings for the fiscal year.
Global food prices hit 44-month high
The United Nations' Food and Agriculture Organization (FAO) has reported a significant rise in global food prices in July.
Anthropic is looking to hire an Insider Risk Investigator
Anthropic is looking to hire an Insider Risk Investigator as AI companies ramp up efforts to safeguard sensitive data, employees, and infrastructure.
SBI Q1 net profit rises 10% to ₹21,121cr
The State Bank of India (SBI) has reported a net profit of ₹21,121.22 crore for the June quarter (Q1FY27), marking a year-on-year increase of 10.23%.
Lok Sabha passes MSME Bill: What it means for businesses
The Lok Sabha has passed the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026.
FAA orders inspection of hundreds of Boeing 737 Max jets
The US Federal Aviation Administration (FAA) has ordered airlines operating 471 Boeing 737 MAX jets to inspect a specific component for possible cracks.
Relief for Dabur! HC stays FSSAI order against '100%' labels
The Delhi High Court has stayed an order by the Food Safety and Standards Authority of India (FSSAI) that banned Dabur India from selling several food products.
Airtel, Vi get relief in ₹3,300cr spectrum charge case
The Supreme Court of India has refused to stay a Bombay High Court order quashing the government's demand for one-time spectrum charges from telecom companies.
Sensex drops over 500 points: What's behind today's decline?
India's benchmark equity indices, Sensex and Nifty, fell on Friday. The fall was mainly due to losses in financial stocks and rising crude oil prices.
Airtel boosts data center expansion with new acquisitions
Bharti Airtel's data center arm, Nxtra Data, has announced plans to acquire up to an 85% stake each in Rochak Systems and Rovision Tech Hub, newly incorporated entities in India that propose to develop land for the construction of data centers and are yet to commence commercial operations.
India's only bullion exchange faces leadership shake-up
Ashok Kumar Gautam, the first CEO of India International Bullion Exchange IFSC Ltd. (IIBX), has resigned from his position.
Akasa Air launches loyalty program 'Akasa Elevate'
Akasa Air has launched its first-ever loyalty program, 'Akasa Elevate,' to attract frequent flyers.
Indian solar exports face 15% US tariff under Trump order
The United States has announced a 15% tariff on solar cells and modules imported from India and other countries.
No, banks can't lock your phone over loan defaults: RBI
The Reserve Bank of India (RBI) has issued a new directive, barring banks from disabling mobile phones and laptops of defaulting borrowers.
TikTok to lay off 250 employees, shut Nashville office
TikTok has announced the layoff of 250 employees and the closure of its Nashville office.
MDR on UPI applies to merchants, not customers: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has clarified that the Merchant Discount Rate (MDR) on digital transactions applies to merchants, not customers.
Trump imposes 15% tariff on polysilicon to counter China
The Trump administration has announced a 15% tariff on polysilicon products, a key component in the manufacturing of semiconductors and solar panels primarily produced by China.
China's exports soar 24% in July, driven by AI, EVs
China's exports witnessed a 23.9% surge in July, beating expectations and maintaining the momentum from June's significant rise.
Paramount's $110B acquisition of Warner Bros gets UK nod
The UK government has approved Paramount Skydance's $110 billion acquisition of Warner Bros Discovery.
SoftBank bags a $10B margin loan against OpenAI stake
SoftBank Group has secured a massive $10 billion margin loan, using its stake in US tech giant OpenAI as collateral.
LIC's massive $3.3B share sale kept bankers in the dark
The Indian government has successfully raised $3.3 billion by selling additional shares of Life Insurance Corporation of India (LIC).
No HRA if one spouse gets official accommodation: Modi government
The Indian government has clarified its policy on House Rent Allowance (HRA) for central government employees.
Karnataka wants Anthropic's help to prevent fraud in government systems
Karnataka Chief Minister D K Shivakumar met a delegation from AI start-up Anthropic today.
SoftBank posts $2.2B profit in June quarter, beats estimates
SoftBank has posted a net profit of ¥347.3 billion ($2.2 billion) for the June quarter, beating analysts' expectations of ¥120.23 billion, according to LSEG estimates.
Super.money debuts shopping marketplace with no-cost EMI plans
Super.money, a fintech company backed by Flipkart, has expanded its services to include an in-app marketplace called SplitStore.
Gold jumps ₹6,400 in 3 days
Gold and silver prices have seen a significant increase for the third consecutive session on MCX.
Lok Sabha passes bill to boost foreign investments, domestic manufacturing
The Lok Sabha has passed the Taxation and Other Laws (Amendment) Bill, 2026.
Trent's profit in Q1 rises 21% YoY to ₹519cr
Tata-owned Trent Limited, a leading retail company, has reported a robust financial performance for the first quarter of the fiscal year.
Why Ola Electric is moving to a dealership model
Ola Electric has announced a major shift in its business strategy, moving away from the direct-to-consumer model it has followed for five years.
'Meritless': OpenAI wants judge to dismiss Apple's trade secrets lawsuit
OpenAI has asked a US judge to dismiss Apple's lawsuit accusing it of stealing trade secrets.
Why Google's $15B Indian data center project is facing opposition
Google's ambitious $15 billion data center project in India is facing opposition from environmentalists.