Business News
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Could dog nannies earn up to $1,34,000 in a year?
The United States is witnessing a surge in demand for a new breed of premium pet care professionals known as "dog nannies" or "dog governesses."
Workday doubles India workforce to about 1,300, plans Delhi Bengaluru
Workday plans to sustain rapid hiring in India while deepening investments in artificial intelligence, leveraging the country's skilled workforce and cost advantages.
Maharashtra signs ₹6.5L/cr nuclear MOUs with 4 major firms
Maharashtra signed MoUs with four companies to attract ₹6.5 lakh crore investments in nuclear energy, aiming to generate 25,400 MW power and create 1,23,500 jobs.
LatentView Analytics aims 18-20% fiscal 2027 growth using AI, Databricks
LatentView Analytics anticipates 18-20% revenue growth in FY27, driven by expanding AI-related work, strong financial services momentum, and a growing partnership with Databricks.
EPFO to launch WhatsApp services next month via verified number
EPFO is set to introduce WhatsApp-based services within a month, offering AI-driven 24x7 support for provident fund queries while reducing litigation cases in consumer courts.
OpenAI recruits experts for applied AI startups team in Bengaluru
OpenAI's Wulfie Bain praised India's "AI native talent" and innovative startups while announcing fresh hiring for the company's Applied AI startups team in Bengaluru.
Goldman Sachs: AI demand to grow optical networking to $154B
The growing demand for AI computing is driving a $154 billion opportunity in optical networking by 2028, with Co-Packaged Optics playing a pivotal role, Goldman Sachs reports.
Prudential set to buy 75% Bharti Life 3500/cr in India
Prudential plans to acquire a 75% stake in Bharti Life, prompting a request for 12–18 months from regulators to reduce its ICICI Prudential Life holding from 21.91% to below 10%.
Bengaluru-based BlackBuck posts ₹160cr FY26 profit after Q4 rise
BlackBuck reported Rs 185 crore in revenue and Rs 66 crore in profit for Q4 FY26, marking a 52% year-on-year revenue growth and a significant turnaround from the previous fiscal.
Samsung faces record 18 day strike by 48,000 unionized workers
Samsung's union seeks the removal of a 50% bonus cap and a 15% profit allocation for bonuses, pushing for binding changes amid rising tensions over pay disparities.
Salam Kisan to open 100+ AI-equipped agri-drone hubs nationwide
Salam Kisan is set to establish 100 agri-drone hubs nationwide, offering AI-driven solutions like precision spraying, crop monitoring, and mechanised farming services.
India and EU reach trade deal covering 99.5% Indian exports
The India-EU Free Trade Agreement (FTA), spanning 20 chapters, aims to strengthen economic ties, covering goods, services, sustainability, and digital trade for mutual growth.
Zydus Lifesciences Q4 revenue ₹7,587 cr and profit ₹1,592.9 cr
Zydus Lifesciences posted a 14.65% rise in consolidated net profit at ₹1,592.9 crore for Q4 FY26, driven by robust growth in its consumer wellness segment.
Sensex retreats after early gains amid Iran war worries
Indian equity benchmarks opened higher on Tuesday but reversed gains to close lower, with Sensex down 131 points and Nifty losing 32 points amid Iran war uncertainty.
Narendra Modi visits Norway to boost trade and investment ties
Prime Minister Narendra Modi’s historic visit to Norway aims to strengthen economic ties, leveraging Norway's $1.4 trillion sovereign wealth fund for Indian investments.
The Wealth Company confirms NSE EGR participation pending approval
The Wealth Company, part of Pantomath Group, is the first asset management company to join NSE's Electronic Gold Receipts segment, pending regulatory approvals.
Demis Hassabis of Google DeepMind was Anthropic's early angel investor
Demis Hassabis, DeepMind founder and 2024 Nobel laureate, was an early angel investor in Anthropic, the AI firm behind the Claude model, according to the Financial Times.
Centre may receive record ₹3 trillion dividend from RBI
India's fiscal position is set for a major boost this week, with the Reserve Bank of India (RBI) likely to transfer a record surplus of nearly ₹3 trillion ($31.2 billion) to the government, according to a Bloomberg report.
ICRA trims India's FY27 GDP to 6.2% citing $95 crude
ICRA has cut India's FY27 GDP growth projection to 6.2% from 6.5%, citing elevated crude oil prices due to the ongoing West Asia crisis.
Imarticus CEO says Indian colleges failing to teach AI skills
Traditional colleges are falling short of evolving industry needs, says Imarticus CEO Nikhil Barshikar, as AI and automation reshape hiring across finance and business sectors.
PepsiCo India invests ₹5,700cr to expand manufacturing across 3 states
PepsiCo India plans to invest ₹5,700 crore by 2030, focusing on expanding manufacturing capacity across facilities in Madhya Pradesh, Assam, and Tamil Nadu to drive growth.
Women in India manage ₹11.3tn via CAMS, ₹3tn inflows FY26
Women investors managed ₹11.3 trillion AUM in FY26, contributing ₹3 trillion (35% of inflows), reflecting rising participation and goal-oriented investment strategies.
SWISS to launch Bengaluru Zurich flights, 1st southern India route
Swiss International Air Lines will introduce five weekly nonstop flights between Bengaluru and Zurich from October 2026, enhancing connectivity for business and leisure travelers.
Reliance Industries in talks with CATL for Jamnagar battery storage
Reliance Industries is in talks with CATL to source critical components for its Jamnagar energy storage facility, aiming to diversify amidst Chinese export restrictions.
Founder Akshat Rathee says NODWIN plans $100 million-$200 million ahead of IPO
NODWIN Gaming plans to raise $100-200 million through primary and secondary funding as it prepares for an IPO, following significant financial improvements in FY26.
Asset manager 360 ONE launching 6th $500 million private credit fund
360 ONE Asset Management plans to raise up to $500 million for its sixth private credit fund, targeting Indian and overseas investors amid resilient fundraising in India.
Shares of HPCL IOC BPCL jump after ₹0.90 fuel hike
Shares of oil marketing companies surged over 3% on May 19, 2026, after petrol and diesel prices were hiked by ₹0.90 per litre, marking the second increase in a week.
Eureka Forbes posts March quarter revenue up nearly 12%, ₹51cr
Eureka Forbes reported an 11.6% year-on-year revenue growth in Q4, driven by double-digit gains in water purifiers and robust performance in robotics and emerging categories.
After 80 days, you can now trade in Iranian stocks
Iran's stock market has reopened today, after an unprecedented 80-day closure due to the conflict with US and Israel.
Indian start-up database in the works: What will it cover?
The Ministry of Electronics and Information Technology (MeitY) is planning to create a comprehensive national start-up database.
Indian cardamom exports double as Guatemala harvest almost halves
Indian cardamom exports have doubled, driven by Guatemala's crop failure, as global buyers turn to premium Indian grades despite geopolitical challenges in West Asia.
Adani Group shares surge as US drops criminal charges
Shares of the Adani Group, including Adani Enterprises and Adani Ports, witnessed a jump of up to 3.5% on Tuesday.
US DOJ drops fraud charges against Gautam and Sagar Adani
Adani Group shares rose after the US DOJ, SEC, and OFAC concluded legal proceedings against Gautam and Sagar Adani, alleviating investor concerns and boosting market sentiment.
Zoho CEO Sridhar Vembu says layoffs reflect tough global economy
Zoho CEO Sridhar Vembu links AI-related layoffs to deeper economic pressures, warning that structural global imbalances predating AI are driving current instability.
Julius Baer holds back on India citing 'anti-AI trade'
Julius Baer maintains a cautious stance on India, citing its limited gains from the AI rally and vulnerability to rising crude prices impacting inflation and imports.
Indian rupee hits all-time low of 96.47 against USD
The Indian rupee has hit a new all-time low, falling to 96.47 against the US dollar. The fall comes amid persistently high crude oil prices and weaker Asian currencies.
Indian rupee hits record low ₹96.47 versus US dollar
The Indian rupee hit a historic low of 96.47 against the US dollar, pressured by persistently high crude oil prices, weaker Asian currencies, and rising US yields.
BSE shares hit record near ₹4,300 after 63% 2026 gain
BSE shares surged 4% intraday on Tuesday, touching ₹4,300, with the stock up over 60% in 2026 and its market cap exceeding ₹1.7 lakh crore.
Sensex's early jump over 400 points fades as rupee weakens
Sensex and Nifty trimmed early gains as profit booking, weak global cues, and a declining rupee weighed on investor sentiment despite initial optimism in Tuesday's trading session.
Ahead of upGrad merger, Unacademy's test-prep chief Sumit Jain resigns
Sumit Jain, the CEO of Unacademy's test-prep business, has resigned from his full-time role. The decision comes ahead of a potential merger between Unacademy and upGrad Education.
Bharat Forge, Andhra Pradesh open India's 1st private marine-gas-turbine facility
Bharat Forge will set up India’s first private-sector marine gas turbine repair, overhaul, and development facility in Visakhapatnam, Andhra Pradesh.
Why Starbucks Korea has fired its CEO
Starbucks Korea's CEO Son Jung-hyun has been fired over a controversial marketing campaign.
Google and Blackstone plan to launch an AI cloud company
Tech giant Google and investment firm Blackstone are teaming up to launch a new artificial intelligence (AI) cloud company.
Meta moves 7,000 employees to AI roles ahead of layoffs
Meta is gearing up for a major layoff round tomorrow, May 20. The tech giant is expected to cut around 8,000 jobs or about 10% of its global workforce.
NextEra buys Dominion for $67B as AI power demand surges
US power giants NextEra Energy and Dominion Energy have announced a merger deal worth $66.8 billion.
Major Indian airlines urge refiners to delay jet fuel hike
Indian airlines, including Air India and IndiGo, have urged state-run refiners to delay jet fuel price increases amid rising costs and Middle East conflict impacts.
Standard Chartered to cut over 7,000 jobs by 2030
Standard Chartered has announced plans to cut over 7,000 jobs globally by 2030.
SC sends SpiceJet to Delhi HC over Maran ₹144cr dispute
The Supreme Court advised SpiceJet to seek relief from the Delhi High Court regarding its ₹144 crore payment dispute with ex-promoter Kalanithi Maran, citing financial challenges.
Jensen Huang says NVIDIA lost China market amid political tensions
Nvidia CEO Jensen Huang revealed the company's market share in China has dropped to zero, attributing the decline to China's push for self-sufficiency and domestic chip production.
Sumit Jain resigns as Unacademy test-prep head before upGrad merger
Sumit Jain has resigned as Unacademy's test prep CEO, transitioning to an advisory role, as the company seeks Competition Commission approval for a merger with upGrad Education.
RBI's e₹ pilot records ₹34,000 cr in transactions so far
The Retail Digital Rupee (e₹) is India's sovereign digital currency, issued by the RBI, offering secure, fast transactions and aiming to modernize the nation's financial ecosystem.
UK unemployment rises to 5% amid Iran war fallout
Unemployment in the UK climbed to 5% in March, driven by rising energy costs and economic pressures stemming from the Iran war's impact on global oil and gas markets.
Tehran Stock Exchange reopens after 80-day U.S.-Israel conflict pause
Iran's Tehran Stock Exchange will resume trading today after an 80-day suspension following the US-Israeli war, aiming to protect shareholder assets and ensure transparent pricing.
Google and Blackstone launch $5B US company to offer TPUs
Google and Blackstone have partnered on a $5 billion venture to create a US-based TPU cloud company, aiming to deliver 500 MW of AI data center capacity by 2027.
Musk slams OpenAI lawsuit verdict, says legal fight isn't over
A US jury has ruled against Elon Musk in his lawsuit against OpenAI, the artificial intelligence company led by Sam Altman.
AI helps banks spot credit risk early and adapt quickly
AI-driven early warning systems enable lenders to detect financial distress early, leveraging real-time data and machine learning to anticipate risks and take proactive measures.
Adani shares climb as DOJ moves to drop fraud charges
Adani Group shares surged as the US Justice Department dropped fraud charges against Gautam Adani, easing regulatory concerns and boosting investor confidence.
BSE shares rise 3.6% on Nifty 50 inclusion buzz
BSE shares jumped nearly 4%, extending their two-day gain to 8%, following reports of its potential inclusion in the Nifty 50 index during the September 2026 rebalancing.
Godfrey Phillips India and ITC raise cigarette prices, shares rise
Godfrey Phillips and ITC shares rose up to 2% after both companies increased cigarette prices, passing on higher excise duties implemented in February 2026 to consumers.
Major oil producers scramble to court India amid rising demand
The West Asia conflict has intensified competition among oil producers, turning India into a crucial growth market as global demand slows and exporters vie for long-term influence.
Sensex jumps 335 points, Nifty gains 87 in IT rally
Nifty 50 traded above 23,730, and Sensex surged over 330 points in early trade, driven by a strong rally in IT stocks as volatility eased significantly.
India leads workplace AI adoption with 41% daily employee use
India tops global workplace AI usage, with 41% of employees using it daily. Despite high adoption, a productivity paradox highlights the need to redefine organizational metrics.
Indian rupee falls to ₹96.38 amid high US yields
The Indian rupee weakened by 18 paise to 96.38 against the US dollar in early trade, pressured by high oil prices and subdued risk appetite across Asian markets.
India's 10-year yield slips to 7.108% despite Indian oil hikes
India's 10-year bond yield dropped to 7.108% after state-run oil firms raised fuel prices for the second time in a week, easing slightly amid global market volatility.
Rupee trades at 96.38 against US dollar, 9th straight loss
The Indian rupee fell for the ninth consecutive session on May 19, trading at 96.38 against the dollar, as Asian currencies struggled despite easing crude oil prices.
Flipkart leads India's online shopping, 50%-60% GMV, adds 8.5 million users
Flipkart dominates India's e-commerce sector with an estimated 50-60% GMV share, adding 8.5 million weekly active users, outpacing competitors like Amazon and Meesho.
Oil prices fall below $110 as Trump pauses Iran attack
Oil prices fell sharply in early Asian trade on Tuesday, after US President Donald Trump announced a pause in military action against Iran.
YouTube, Snap and TikTok settle Breathitt County mental health lawsuit
YouTube, Snap, and TikTok have settled claims with a Kentucky school district over social media's role in youth mental health issues, avoiding an upcoming trial.
Elon Musk loses California suit against OpenAI, plans to appeal
A federal judge ruled against Elon Musk's claims that OpenAI abandoned its non-profit mission, but Musk plans to appeal, alleging misconduct and vowing the fight is far from over.
Samsung Electronics faces 18-day strike by nearly 45,000 unionized workers
Samsung faces a historic 18-day worker strike starting May 21, risking a complete shutdown of its advanced semiconductor production lines and billions in revenue losses.
Standard Chartered to cut over 7,000 jobs, aim 18% ROTE
Standard Chartered aims to cut over 7,000 roles by 2030, leveraging automation and AI, as it targets an 18% return on tangible equity within the same timeframe.
Oakland jury finds Elon Musk filed suit against OpenAI late
Elon Musk criticized the jury's ruling against his lawsuit on OpenAI, claiming it was based on technicalities. He announced plans to appeal the decision in the Ninth Circuit court.
No Indian company in global top 100 by market cap
India's equity market downturn has pushed Reliance, HDFC Bank, and TCS out of the global top 100 by market cap for the first time in years.
Sensex slips 77 points as Nifty ends flat at 23,650
GIFT Nifty hints at a positive opening, rising 0.23%, while Asian stocks gain on optimism over easing geopolitical tensions and potential energy flow restoration.
Gold inches to $4,561.90, silver $77.68 as US dollar weakens
Gold and silver prices held steady as a weaker US dollar bolstered demand, while falling crude oil prices eased inflation concerns amid ongoing monitoring of interest rate trends.
Gold steadies as President Donald Trump pauses Iran strike
Gold prices stabilized as the dollar weakened and oil prices fell, following President Trump's decision to pause a planned attack on Iran to encourage negotiations.
Meta cuts about 10% globally, shifts nearly 7,000 to AI
Meta plans to transfer 7,000 employees to AI-focused initiatives and eliminate managerial roles as part of a broader restructuring effort, impacting 20% of its workforce globally.
Trump delays Iran strikes, Brent crude falls 2.7% to $109
Brent crude fell 2.7% to $109 as Trump paused military action against Iran, while Asian stocks gained amid hopes for renewed negotiations and easing geopolitical tensions.
Indian Oil reports 56% quarterly profit surge to ₹11,377.51cr
Indian Oil Corporation reported a 56% rise in Q4 FY26 net profit to Rs 11,377 crore, driven by robust marketing and refining margins despite global energy market disruptions.
Fuel prices raised by 90p; second hike in 4 days
Petrol and diesel prices have witnessed another hike across major Indian cities, marking the second increase in a week.
Japan's economy grows 0.5% in Q1 2026 on spending, investment
Japan's GDP expanded 0.5% in Q1 2026, surpassing forecasts of 0.4%, driven by private consumption and corporate investment despite rising energy prices.
Oil prices drop as President Trump delays strike on Iran
Oil prices dropped over 2% after President Trump paused a planned military strike on Iran, citing negotiations, easing immediate geopolitical tensions in the Middle East.
SEBI may drop research analysts' institutional call recording requirement
Sebi proposes exempting research analysts from recording calls with institutional investors, citing their sophistication and ability to assess risks independently.
Y Combinator Startup School credits worth $25,000 resold online
Indian attendees of Y Combinator's Startup School are selling $25,000 worth of free AI credits at discounted rates, creating a grey market amid activation issues and restrictions.
TCS ties performance pay to WFO index and deployment index
TCS has introduced a revised salary structure, tying monthly performance pay to office attendance and deployment metrics, leaving employees confused about its impact.
Standard Chartered to cut over 15% back-office jobs by 2030
Standard Chartered plans to reduce back-office support roles by over 15% by 2030, leveraging automation and AI to enhance efficiency and boost income per employee by 20% by 2028.
TCS, Infosys, HCL Technologies and Wipro shares hit 2008-09 lows
Indian IT exporters' valuations have plunged to 15-18 P/E multiples, driven by AI advancements and OpenAI's enterprise entry, with stocks losing nearly 30% in 2026.
Bitcoin Depot files bankruptcy, will sell assets under court supervision
Bitcoin Depot, once North America's largest crypto ATM network, has filed for bankruptcy as regulatory crackdowns and fraud allegations cripple the industry.
SEC set to roll out innovation exemption for tokenized shares
The SEC is preparing an innovation exemption to enable trading tokenized stocks, potentially reshaping U.S. markets and raising regulatory concerns.
Michael Dell calls AI enterprise operating model at Dell World
Dell Technologies CEO Michael Dell emphasizes AI's transformation from a feature to the foundational operating model driving modern enterprises.
India reports West Asia container rates $2,000 and LPG $207
Shipping freight charges for West Asia-bound containers have surged ten-fold, with rates climbing from $203 to $2,000 per TEU due to heightened risks and regional instability.
Elon Musk loses California lawsuit against OpenAI, Microsoft, Sam Altman
Elon Musk’s lawsuit against Sam Altman, OpenAI, and Microsoft was dismissed after a California jury ruled it was filed too late under the statute of limitations.
Meta cuts 10% of global workforce to prioritize AI
Meta will lay off 10% of its global workforce this week, restructuring teams to focus on AI workflows and adopting flatter organizational structures for improved productivity.
RBI to consider ₹2.7L/cr to 3L/cr dividend May 22
The RBI board will meet on May 22 to decide a record surplus transfer for FY27, estimated between Rs 2.7 lakh crore and Rs 3 lakh crore by economists.
NITI Aayog urges return of 5% GST on R&D procurement
NITI Aayog has recommended restoring the 5% GST slab for R&D procurement, citing its potential to enhance available funds and boost India's research ecosystem.
Bondada Engineering wins ₹469.52cr Adani BOS orders for 250MW Khavda
Bondada Engineering has received ₹469.52 crore worth of orders from the Adani Group for executing a 250-MW solar project in Gujarat, strengthening its renewable energy portfolio.
Donald Trump drops $10B lawsuit after $1.776B Justice Department fund
President Donald Trump has withdrawn his $10 billion IRS lawsuit. In return, the DOJ established a $1.776 billion fund to compensate his allies and issued him an apology.
Kalshi pledges $2 million to NCPG for trader safety amid scrutiny
Prediction market platform Kalshi will invest $2m over two years in the National Council on Problem Gambling to promote trader health and safety amid regulatory scrutiny.
Musk loses lawsuit against OpenAI and Sam Altman
A jury in Oakland, California has ruled against Elon Musk in his high-profile lawsuit against Sam Altman and OpenAI.
PwC sued by liquidators of China Evergrande for $8.4B
The liquidators of China Evergrande, a major Chinese property developer that went bankrupt, are suing accounting firm PricewaterhouseCoopers (PwC) for CNY 57 billion ($8.4 billion).
How India's LPG shortage is having an effect on California
India, world's most populous country, relies heavily on LPG for cooking.
Why Apple Pay's launch in India has been delayed
Apple's plans to launch its payment service, Apple Pay, in India have hit a snag over commission negotiations with major banks, Moneycontrol has reported.
ICICI Bank to retain majority stake in ICICI Prudential Life
ICICI Bank has announced its decision to maintain a majority stake in the ICICI Prudential Life Insurance Company.
How NPS plans to make your retirement easier
The Pension Fund Regulatory and Development Authority (PFRDA) has announced a major change in the National Pension System (NPS).
Kalshi, Polymarket onboarding Indian users despite ban on online betting
Despite India's ban on online betting platforms, Kalshi and Polymarket are still allowing Indian users to sign up and trade on their prediction markets.
Why SEBI has summoned company secretary of IndusInd Bank
The Securities and Exchange Board of India (SEBI) has summoned IndusInd Bank's Company Secretary Anand Das in connection with an alleged insider trading case, Moneycontrol has reported.
OPPO wants to form a manufacturing JV in India
Chinese smartphone giant OPPO is in talks with Indian electronics makers Amber Group and Bhagwati Products to form a manufacturing joint venture (JV) in India, as per Moneycontrol.
India-Oman FTA might be effective from June 1: Piyush Goyal
India's free trade agreement (FTA) with Oman should come into effect from June 1, Commerce Minister Piyush Goyal announced today.
Bank of India has revised interest rates for these FDs
Bank of India has revised its interest rates on medium and long-term fixed deposits (FDs) of less than ₹3 crore.
SEBI plans rules for AI-based trading
The Securities and Exchange Board of India (SEBI) is working on a framework to regulate artificial intelligence (AI)-driven trading.
Sensex rebounds over 1,100 points from day's low
The benchmark indices, Sensex and Nifty, have staged a partial recovery on May 18. The recovery comes after a sharp decline of up to 1.3% in intra-day trading.
Anthropic, OpenAI dominate paid AI app market with 89% share
Anthropic and OpenAI together account for the majority of the paid artificial intelligence (AI) app market, a new survey has revealed.
Centre reviews IDBI Bank stake sale
The Indian government is looking for ways to revive the stalled sale of a majority stake in IDBI Bank. The move comes after bids earlier this year fell short of expectations.
Apple must cooperate with India's antitrust probe: Delhi High Court
The Delhi High Court has ordered Apple to fully cooperate with the ongoing antitrust investigation into its iPhone app market practices.
Samsung Electronics' union will go on strike as planned
Samsung Electronics' union has said in a statement that it will proceed with its planned strike despite a local court partially granting the company's request for an injunction.
SEBI's intraday borrowing proposal: What it means for mutual funds
The Securities and Exchange Board of India (SEBI) has proposed a major change in the way mutual funds operate.
India retains position as world's fastest-growing major steel producer
India has retained its position as the world's fastest-growing major steel producer, according to a recent report by Goldman Sachs.
NSE starts digital gold trading
The National Stock Exchange of India (NSE) has launched live trading in its Electronic Gold Receipts (EGRs) segment.
Bain Capital raises $10.5B for Asia-focused private equity fund
Bain Capital, a leading global investment firm, has announced the final close of its sixth Asia-focused private equity fund.
Energy crisis: Delhi govt advises 2-day WFH, staggered office hours
In light of the ongoing global energy crisis, the Delhi government has issued an advisory urging private companies and organizations to implement a minimum of two-day work-from-home (WFH) policy and staggered office hours.
Why Hindustan Zinc's shares are falling sharply
Hindustan Zinc's shares have witnessed a steep decline of over 7% in the last two trading sessions.
How companies in EU will lower reliance on China
The European Union (EU) is drafting new regulations that would require companies in the bloc to source critical components from at least three different suppliers.
HDFC Bank devalues its credit cards: How it affects you
HDFC Bank has announced a series of changes to the benefits associated with its Regalia Gold and Diners Privilege credit cards.
HSBC to lend $4B to these Chinese companies
HSBC has announced a new $4 billion credit facility to support Chinese companies in sustainable and transitional technology.
Bitcoin hits 2-week low today: Here we decode why
Bitcoin has hit a two-week low of $76,700 as the cryptocurrency market faces a major selloff.
US-Iran war has cost global firms around $25B
The ongoing US-Israeli conflict with Iran has already cost global companies at least $25 billion, a Reuters analysis has found.
This little-known $2 trillion company is bigger than Tesla, Meta
While Tesla, Apple, and Berkshire Hathaway hog the limelight, a little-known tech giant has quietly made its way to the top of America's most valuable companies.
Airtel becomes India's 2nd-most valuable company
Telecom giant Bharti Airtel has overtaken HDFC Bank to become the second-most valuable company in India by market capitalization.
Paytm brings UPI to teens with Pocket Money feature
Paytm has launched a new feature called 'Pocket Money,' allowing teenagers to make UPI payments even if they don't have their own bank account.
ICICI Prudential Life shares fall 7%: What's driving the decline?
ICICI Prudential Life Insurance Company Limited's shares have witnessed a sharp decline of over 7% in early trade today.
India plans highway monetization worth ₹35,000cr
The Indian government is planning to monetize 28 national highway assets, covering over 1,800km in FY27. The move is expected to generate around ₹35,000 crore.
Mutual funds' tech allocation at 8-year low: What's the reason
Mutual funds have slashed their investment in the technology sector to an eight-year low of 6.7% in April 2026, a report by Motilal Oswal Financial Services has shown.
BSE set to enter Nifty 50
India's oldest stock exchange, BSE Ltd, is likely to be included in the Nifty 50 Index during its September 2026 rebalancing.
SHEIN acquires US apparel brand Everlane for $100M
Chinese e-commerce giant SHEIN is reportedly acquiring US apparel retailer Everlane from its majority owner, L Catterton.
Centre plans financial support for long-duration energy storage tech
India is working on a policy and financial support framework to promote long-duration energy storage (LDES) technologies.
HAL shares fall 11% in 3 days: Know why
Shares of Hindustan Aeronautics Limited (HAL) plunged nearly 5% in Monday's trading session. The fall extends a three-day losing streak, with the stock down over 11% during this period.
US nuclear industry delegation visiting India this week
A 20-member executive delegation from the American nuclear industry is visiting India this week.
Uber CEO rules out immediate return to Indian food delivery
Uber's CEO Dara Khosrowshahi has ruled out an immediate return to India's food delivery sector.
China consumer spending hits 41-month low
China's economy showed signs of weakness in April, with retail sales, industrial output, and investment growth all falling short of expectations.
Sensex crashes 1,000 points: What's behind today's decline?
Indian stock markets witnessed a major crash on Monday. The fall was mainly due to rising global bond yields, surging oil prices, and a new record low for the Indian rupee.
Indian rupee hits all-time low of 96.18 against US dollar
The Indian rupee has hit an all-time low of 96.18 against the US dollar on Monday.
Gold, silver prices decline amid oil surge, fresh US-Iran tensions
Gold and silver prices fell in international markets on Monday, driven by a stronger US dollar and rising bond yields.
Who is Krishna Rao, Indian-origin CFO driving Anthropic's AI boom?
Krishna Rao, the Chief Financial Officer (CFO) of Anthropic, is at the forefront of Silicon Valley's unprecedented artificial intelligence (AI) boom.
Crude surges past $112 amid fresh US-Iran tensions
Oil prices have surged for a third consecutive day, with Brent nearing $112 per barrel and West Texas Intermediate (WTI) surpassing $108.
How India plans to secure its oil supplies
India and other oil-importing countries are likely to negotiate bilateral agreements for energy supplies, possibly through coordinated transit corridors.
Separate insolvency proceedings for Videocon Industries, Videocon Oil approved
The National Company Law Appellate Tribunal (NCLAT) has approved separate insolvency proceedings for two entities of the Videocon group: Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL).
India is now KitKat's largest market in the world
India has officially become the largest market in the world for KitKat, Nestle's famous chocolate-coated wafer bar.
Why ATF is now much cheaper in Delhi
In a major move, the Delhi government has slashed the value added tax (VAT) on aviation turbine fuel (ATF) from 25% to just 7%.
Muthoot Fincorp plans to raise ₹4,000cr via IPO in India
Muthoot Fincorp's board has approved a plan to raise up to ₹4,000 crore through an initial public offering (IPO).
Why SBI has been ordered to pay a widow ₹5L
The Nagpur District Consumer Disputes Redressal Commission has ordered the State Bank of India (SBI) to pay ₹5 lakh to a widow for an insurance claim that was filed six years late.
These IPOs will dominate India's primary market next week
India's primary market is set for an active week, with four SME public offers slated to raise over ₹138 crore.
'Royal Pop' watch launch canceled: What did Swatch say?
The launch of the Audemars Piguet x Swatch "Royal Pop" collection turned into a frenzy across major cities, including Bengaluru, Delhi, Mumbai, and Dubai yesterday.
Your power bills in India might go up soon
The Central Electricity Authority (CEA) has proposed a hike in fixed monthly electricity charges, which could lead to an increase in household power bills in India.
Market cap of India's top 9 firms down ₹3.12L crore
The combined market capitalization of nine out of the top 10 most valued companies in India has witnessed a massive drop of ₹3.12 lakh crore last week.
Meet Nirmal Narvekar, Harvard's Indian-American fund manager retiring in 2027
Nirmal Narvekar, an Indian-American financier, has announced his retirement from Harvard University in 2027.
SriLankan Airlines accuses Indian employees of ₹22M fraud
SriLankan Airlines has accused a group of its Indian employees in Chennai's finance department of embezzling ₹22 million.