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Alibaba to invest 380 billion yuan in AI and cloud
Alibaba announced it will surpass its initial three-year AI investment target of 380 billion yuan, prioritizing market leadership over profit margins.
SoftBank Vision Fund posts $600 million India-listed loss in Q1 2026
SoftBank recorded over $600 million in paper losses on its India-listed portfolio during January-March 2026, driven by declining market values of Swiggy, Ola Electric, and others.
US wholesale prices climb 6% in April on gasoline surge
US wholesale prices rose 6.0% year-on-year in April, marking the highest increase since December 2022, driven by soaring energy costs linked to the Iran war.
Dixon Technologies stock rises nearly 10% despite 36% profit drop
Shares of Dixon Technologies soared nearly 10% as strong revenue growth and better-than-expected Q4 performance overshadowed a 36% decline in net profit for FY26's final quarter.
Lupin secures US FDA approval for Nagpur-manufactured famotidine injection
Lupin Ltd has secured FDA approval for its famotidine injection USP, 20 mg/2 mL, used to treat ulcers, GERD, and pathological hypersecretory conditions in hospitalized patients.
Bharti Airtel board approves swap adding 16.31% Airtel Africa stake
Bharti Airtel plans to raise its stake in Airtel Africa through a ₹28,220 crore share swap deal, issuing 146.76 million equity shares to Indian Continent Investment Ltd (ICIL).
Amul's milk products will be ₹2 costlier from tomorrow
Amul has announced a price hike of ₹2 per liter on its milk products, effective from tomorrow.
SEBI considering specialized distributors to expand retail bond investing
SEBI is evaluating a specialised distributor framework to simplify bond investments and expand retail participation, mirroring the mutual fund distribution model.
SEBI plans municipal bond reforms to boost transparency, retail participation
India's market regulator Sebi has suggested reforms to ease municipal debt raising, including pooled issuances, stricter disclosures, and measures to boost retail participation.
Tata Motors Q4 profit surges 34% to ₹1,793cr
Tata Motors has reported a 33.8% jump in its consolidated net profit for the fourth quarter of FY26.
Gold prices soar after duty hike: Hold or book profits?
The Indian government's decision to raise import duties on gold and silver to 15% has sent shockwaves through the market.
Walmart cuts 1,000 roles to streamline operations and boost tech
Walmart has eliminated 1,000 positions as part of a restructuring effort aimed at streamlining operations and aligning roles with its tech-focused strategy.
Jamieson Greer proposal for $30B tariff cuts highlights Beijing summit
The U.S. and China are exploring a $30 billion tariff reduction framework for non-sensitive goods, aiming to boost trade while preserving national security boundaries.
Tower Semiconductor forecasts $455 million Q2, lands $1.3B AI photonics deals
Tower Semiconductor projects second-quarter revenue of $455 million, surpassing estimates, and secures $1.3 billion in AI chip deals for 2027 amid rising data center demand.
Jio Financial and Allianz launch JAGIL for general, health insurance
Jio Financial Services and Germany's Allianz have launched Jio Allianz General Insurance, a 50:50 joint venture offering general and health insurance in India.
Bharti Airtel Q4 profit falls 34% to ₹7,325cr
Bharti Airtel has reported a 34% decline in its net profit for the fourth quarter ending March 31, 2026.
India and Chile meet in New Delhi to accelerate CEPA
India and Chile discussed advancing their Comprehensive Economic Partnership Agreement (CEPA), focusing on critical minerals, renewable energy, and broader economic collaboration.
Tata Motors Q4 net profit rises 34% to ₹1,793cr
Tata Motors reported a 33.8% rise in Q4 consolidated net profit to ₹1,793 crore, driven by strong revenue growth and improved margins; declares ₹4 dividend per share.
SEBI proposes allowing mutual funds to borrow intraday for operations
SEBI has proposed relaxing rules for mutual funds to use intraday borrowing, enabling smoother cash flow management and addressing timing gaps in daily transactions.
IBM-IndiaAI says India can be global AI hotspot by 2030
India could become the global hub for AI skills by 2030 if it doubles its AI-literate workforce, says IBM India MD Sandip Patel, highlighting a $500 billion economic opportunity.
Why India's metal stocks jumped sharply today
Metal stocks in India witnessed a major rally on Wednesday. The surge was led by Hindustan Zinc, Vedanta, and Hindustan Copper.
AI could add over $500B to India's economy by 2030
AI could contribute over $500 billion to India's economy by 2030, driven by digital infrastructure, IT workforce, and ambitious adoption, according to a joint IBM-IndiaAI study.
Airtel Q4 FY26 net profit down 34% to ₹7,325 cr
Bharti Airtel reported a 34% drop in net profit to Rs 7,325 crore for Q4 FY26, while consolidated pre-tax profit rose 36%, driven by subscriber growth and premium plan upgrades.
Milan IT developer sues former employer over pay cut refusal
An Italian IT worker alleges wrongful termination after rejecting a salary cut request, claiming their dismissal was disguised as poor performance and has since filed a lawsuit.
Narendra Modi chaired CCEA hikes paddy MSP ₹72 per quintal
The government has raised the minimum support price (MSP) for paddy by ₹72 to ₹2,441 per quintal for the 2026-27 kharif marketing season, benefiting farmers nationwide.
Rupee hits 95.80 as oil surges amid US Iran tensions
India's rupee plunged to a historic low of 95.7950 per dollar as soaring oil prices and debt repayments intensified economic pressures from the prolonged U.S.-Iran conflict.
Eli Lilly to launch monthly Alzheimer's treatment Lormalzi in India
Eli Lilly is set to launch Lormalzi, a groundbreaking monthly injection targeting amyloid plaques for Alzheimer's treatment, in India this month at Rs 91,688 per vial.
Elon Musk, SEC in D.C. hearing over delayed Twitter disclosure
Attorneys for the SEC and Elon Musk will present arguments before a D.C. judge regarding a $1.5 million settlement over Musk's delayed disclosure of his 5% Twitter stake.
Indian rupee hits fresh all-time low of 95.8 per dollar
The Indian rupee has hit a new all-time low of 95.79 against the US dollar, as hopes for a peace deal between the United States and Iran fade.
DSP launches Nifty FMCG ETF, subscription open until May 14
DSP Mutual Fund has introduced the DSP Nifty FMCG ETF, an open-ended fund tracking the Nifty FMCG Index. The NFO is open until May 14, 2026.
Air India suspends international routes June-August over fuel, airspace restrictions
Air India announced temporary reductions on select international routes from June to August, citing airspace restrictions and soaring jet fuel prices as key challenges.
Union Cabinet approves ₹37,500cr plan to boost coal gasification nationwide
The Cabinet has approved a Rs 37,500 crore coal gasification scheme to boost domestic coal-based production of syngas, urea, and chemicals, reducing reliance on imported fuels.
Indian benchmarks recover as Sensex gains 50, Nifty rises 33
The Sensex rose 50 points to 74,608.98, while Nifty 50 gained 33 points to close at 23,412.60. Mid and small-cap indices outperformed amid value buying in select heavyweights.
Tencent posts 21% profit rise to $8.6bn on AI investments
Tencent reported a 21% rise in Q1 net profit to 58.1 billion yuan, driven by strategic investments in artificial intelligence despite rising costs and slower video game sales.
HDFC Life board approves ₹4,596cr bonus for 22.2L policyholders
HDFC Life Insurance has announced its highest-ever bonus of ₹4,596 crore, benefiting 22.2 lakh participating policyholders, following a board meeting held on April 16.
Alibaba Q4 revenue up 3% on cloud, e-commerce growth
Alibaba reported a 3% rise in quarterly revenue, driven by strong growth in its cloud computing and AI divisions, alongside improved performance in its China e-commerce business.
Siemens posts record AI orders as Q2 infrastructure revenue rises
Siemens sees record growth in AI-driven data center orders, despite an 8% profit dip, with infrastructure division orders soaring 35% in Q2 to €7.5 billion.
Akash Ambani appointed Jio Platforms MD ahead of IPO
In a major pre-IPO development, Jio Platforms has appointed Akash Ambani as its managing director for five years.
Modi government may get record dividend from RBI in 2026
The Reserve Bank of India (RBI) is likely to transfer a record dividend to the Indian government this year, as per PTI.
After Modi's austerity call, PwC urges employees to reconsider trips
PwC India, one of the leading Big Four firms, has asked its employees to reconsider their travel plans.
Uber partners with Adani for its 1st Indian data center
Uber has announced a partnership with the Adani Group to establish its first data center in India.
TVS Motor's Q4 net profit jumps 19% YoY to ₹772cr
TVS Motor Company has reported a 19% year-on-year increase in its consolidated net profit for the fourth quarter of FY26.
Why India's gold imports from Dubai may rise
The recent hike in import duty on gold from 6% to 15% may lead to a surge in imports from Dubai, according to think tank Global Trade Research Initiative (GTRI).
Karnataka hires almost 30% of India's AI GCC talent
Karnataka is leading India's global capability center (GCC) talent market, contributing nearly 30% of the country's artificial intelligence (AI)-related GCC hiring.
RBI governor hints at fuel price hike in India
Reserve Bank of India (RBI) Governor Sanjay Malhotra has warned that India may have to raise retail fuel prices if the ongoing conflict in the Middle East continues.
Sagility expects low double-digit FY27 growth amid US client pressure
Sagility projects low double-digit revenue growth for FY27, driven by AI-led healthcare transformations and increasing client additions amid US healthcare cost pressures.
TVS Motor Q4 FY26 profit rises 17.5% and revenue 30.4%
TVS Motor reported a 17.5% rise in Q4FY26 consolidated net profit to ₹819.55 crore, driven by a 28% growth in vehicle sales totaling 15.60 lakh units.
Regulators reject Pernod Ricard's Delhi liquor license over alleged collusion
Indian authorities oppose Pernod Ricard's court plea to restore its Delhi liquor license, citing regulatory risks and allegations of collusion with retailers in 2021.
Anthropic nearing Stainless acquisition and seeking at least $30B funding
Anthropic is reportedly in advanced talks to acquire AI tools startup Stainless for over $300 million, aiming to bolster its software offerings for streamlined AI model access.
RBI Governor Sanjay Malhotra warns Indian fuel prices could rise
RBI Governor Sanjay Malhotra cautioned that prolonged high crude oil prices could lead to petrol and diesel price hikes, citing inflationary pressures and supply-chain disruptions.
Bayer's FarmRise app reaches over 50L farmers in India
Bayer's FarmRise app now engages over 5 million Indian farmers, offering agronomy advice, market access, and AI-driven solutions in nine+ languages.
Trump is taking America's biggest CEOs to China
US President Donald Trump will be accompanied by a number of top business and tech industry executives on his upcoming trip to China.
CleanMax eyes ₹2,200-2,500cr FY28 operating profit from AI demand
CleanMax anticipates surpassing ₹2,200-2,500 crore in operating profit by FY28, driven by rising renewable energy demand from AI and data center sectors.
India hikes gold and silver import duty to 15%
India raises gold and silver import duties to 15% from 6%, aiming to curb demand, protect the rupee, and preserve foreign-exchange reserves amid Middle East conflict pressures.
RBI to pay biggest-ever dividend to central government, decided May
The Reserve Bank of India is set to transfer its highest-ever dividend this year, providing the government with a critical fiscal cushion amid rising revenue expectations.
PwC India asks staff to limit travel to conserve resources
PwC India has urged employees to reassess domestic and international travel, emphasizing trips only for clear business needs, following PM Modi's call for resource restraint.
Skyroot Aerospace readies India's 1st private rocket Vikram-1 from Sriharikota
Skyroot Aerospace is gearing up for its first orbital launch, aiming to tap into international demand across the US, Europe, and Southeast Asia for small satellite missions.
IMF gives Pakistan $1.3B for payments and climate projects
Pakistan received USD 1.3 billion from the IMF under Extended Fund Facility and Resilience and Sustainability Facility to bolster foreign reserves and address climate challenges.
Uber, Adani Group to launch 1st data center in India
Uber partners with Adani Group to establish its first data center in India, set to launch later this year, bolstering innovation and global tech deployment from the region.
Could JP Morgan scrap its upcoming £3B London HQ?
JP Morgan's CEO Jamie Dimon has hinted that the bank could reconsider its plans for a new £3 billion headquarters in London.
Why Australia's 1st Trump Tower project has been canceled
Plans for Australia's first-ever Trump Tower in Queensland have been scrapped.
Vodafone Idea all set for capital infusion soon
Vodafone Idea is set to get a fresh round of funding, led by its non-executive chairman Kumar Mangalam Birla, as per Moneycontrol.
Air India cuts international flights amid skyrocketing jet fuel prices
Air India, the Tata-owned airline, has announced major cuts in its international network for three months starting June.
Robert Kiyosaki wants you to invest in silver this year
Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, has once again endorsed silver as a top investment choice.
WazirX launches WazirX Futures offering INR trading and low fees
WazirX has launched a low-cost crypto derivatives platform in India, offering the country's lowest maker and taker fees with direct INR access for seamless trading.
US inflation jumps to highest level in 3 years
Consumer prices in the United States surged by 3.8% year-on-year in April, the fastest increase since May 2023.
Hindalco shares jump nearly 4% ahead of May 22 results
Hindalco Industries' stock surged 3.43% to ₹1,077.90 on NSE after announcing Q4 FY26 results date, reflecting strong investor confidence amid positive performance expectations.
India's 2025-26 vegetable oil imports rise 13% to 7.94 MMT
India's vegetable oil imports increased 13% year-on-year to 7.94 million tonnes during November–April 2025–26, driven by a sharp rise in palm oil shipments, according to SEA data.
Delhi HC orders 144.5cr deposit, SpiceJet heads to Supreme Court
SpiceJet has approached the Supreme Court against a Delhi High Court order directing it to deposit ₹144.5 crore in its ongoing legal battle with Kalanithi Maran and KAL Airways.
Budget Indian carriers cut international flights almost 60% April May
India's smaller airlines, including Air India Express and SpiceJet, have reduced international departures by nearly 60% due to the ongoing West Asia conflict.
Retail GST cut fuels 39% April Indian life NBP ₹30,550cr
Life insurers recorded a 39% YoY jump in April new business premium, reaching Rs 30,550.38 crore, driven by GST reduction and strong demand for insurance products.
Sugar Cosmetics seeks ₹100-150cr as valuation falls to ₹1,400-1,500cr
Sugar Cosmetics, once a fast-growing beauty startup, is raising ₹100-150 crore at a reduced valuation of ₹1,400-1,500 crore due to financial strain and declining sales.
India raises import duties on gold and silver to 15%
The government doubled import duties on gold and silver to 15% amid rising crude oil prices, rupee depreciation, and mounting external-sector vulnerabilities due to the Iran war.
Bitcoin holds above $81,117 as daily transactions jump 116%
Bitcoin remains above the $80,000 mark despite hotter-than-expected U.S. inflation data, showcasing strong buyer confidence and resilient sentiment in the evolving crypto market.
Zoho invests ₹70cr in government-backed ONDC to expand seller reach
Zoho Corporation commits ₹70 crore to ONDC, a government-backed open e-commerce network, aiming to expand its ecosystem and boost MSME participation in the digital economy.
Nazara Technologies seeks 25% gaming margins, up to 20% growth
Nazara Technologies aims to achieve 25% margins by FY27, leveraging AI-driven efficiencies and the transformative acquisition of Bluetile Games to scale revenue and EBITDA.
Musk's behavior caused 'huge damage' to OpenAI: Sam Altman
OpenAI CEO Sam Altman has claimed that Elon Musk's behavior caused "huge damage" to the culture of his artificial intelligence start-up.
Higher taxes drive India's gold imports to 3-decade low
India's recent import duty hike on gold is expected to significantly reduce imports, with April figures already hitting a three-decade low, according to analyst Mohammed Imran.
Kumar Mangalam Birla to lead Vodafone Idea fundraising May 16
Kumar Mangalam Birla is spearheading a fresh promoter-led capital infusion in Vodafone Idea, aimed at bolstering lender and investor confidence amid ongoing financial challenges.
Gold on MCX tops ₹163,000 after 15% import duty hike
Gold prices surged above ₹1.63 lakh on MCX, driven by geopolitical tensions, a record-low rupee, and increased import duties boosting domestic bullion premiums.
Micron's Mehrotra joins Trump Cook and Musk at Beijing summit
Sanjay Mehrotra, CEO of Micron Technology, will accompany US President Donald Trump to Beijing, highlighting his pivotal role in US-China semiconductor and technology relations.
Fractal posts 19% revenue rise as enterprise AI drives growth
Fractal reports 19% revenue growth despite TMT sector challenges, driven by robust demand in banking and life sciences, which grew 40% and 80%, respectively.
Prabhudas Lilladher assigns Fractal Analytics buy rating with ₹1,040 target
Prabhudas Lilladher recommends a buy rating on Fractal Analytics, citing robust medium-term growth prospects and improved EBITDA margins, with a target price of Rs 1,040.
TVS Credit reports ₹256cr March quarter net, ₹913cr FY profit
TVS Credit reported a 13% year-on-year growth in Q4 FY26 net profit at ₹256 crore, driven by improved consumption sentiment and strong traction in retail financing segments.
Hindustan Zinc Ltd shares rise 5% as silver drives earnings
Hindustan Zinc shares jumped over 5% on Wednesday, driven by soaring silver prices and positive brokerage upgrades, marking the stock's second consecutive day of gains.
AI surge fuels global memory chip shortage and higher costs
The AI boom has triggered a memory-chip supercycle, driving semiconductor stocks like Micron and Samsung to record highs while hardware firms face rising costs.
Rupee recovers to 95.52 after India hikes gold, silver tariffs
The Indian rupee gained 16 paise to 95.52 against the US dollar in early trade, supported by reduced gold import demand following increased tariffs and government measures.
Meta's mouse-tracking tool raises worker fears amid planned layoffs
Meta employees are protesting new mouse-tracking software, accusing the company of using their work to train AI systems, as looming layoffs threaten nearly 8,000 jobs globally.
Berger Paints India shares jump 8% after Q4 FY26 results
Shares of Berger Paints India Ltd. soared 8% after reporting double-digit volume growth and achieving a 12-quarter high gross margin of 44.2% in Q4FY26 earnings.
Akash Ambani named Jio Platforms managing director before IPO filing
Jio Platforms has named Akash Ambani as managing director for five years, effective April 9, 2026, as the company prepares for its highly anticipated IPO.
NVIDIA CEO Jensen Huang joins Trump's delegation to China summit
Nvidia CEO Jensen Huang was belatedly added to President Trump’s billionaire-packed delegation to China, joining top executives on a high-stakes summit with President Xi Jinping.
Gold, silver prices surge 6% as India hikes import duty
Gold and silver prices in India surged by over 6% on Wednesday, following the government's decision to raise import duties on the precious metals.
Sensex gains over 110 points as Nifty reaches 23,419
Indian indices opened with mild gains on Tuesday, as Sensex rose 110 points to trade above 74,670 and Nifty reclaimed 23,400 following Monday's sharp losses.
Mumbai outreach prepares professionals for Income Tax Act 2025
The Income Tax Department, Mumbai, hosted a mega outreach event under Prarambh 2026 to educate taxpayers and stakeholders about the simplified provisions of the new Income Tax Act.
Indian government raises import duties, lifting gold and silver prices
Gold and silver prices in India surged over 6% after the government raised import duties to 15%, aiming to curb imports and ease pressure on foreign exchange reserves.
Rupee rises slightly as India hikes precious metals import duty
The Indian rupee rose 0.08% to 95.61 against the dollar on May 13, following a government decision to increase gold and silver import duties to 15%.
India raises gold, silver import duty to 15% from 6%
The Indian government has raised the import duty on gold and silver from 6% to 15%.
Isomorphic Labs raises $2.1B to accelerate AI drug research
Isomorphic Labs secured $2.1 billion in a Thrive Capital-led round to scale its AI-driven drug discovery platform, with clinical trials now expected by late 2026.
Global oil prices cool after 3 day surge, Brent $107.08
Global crude prices dipped on Wednesday morning, with Brent at $107.08/bbl, following an 8% rise over three sessions amid concerns over West Asia tensions and supply disruptions.
MK Sons Fine Jewels files IPO with SEBI, promoter offer
MK Sons Fine Jewels Ltd has submitted draft papers to SEBI for an IPO, aiming to raise funds through a fresh issue and an offer-for-sale by its promoter.
SRV and Ajay Mahajan launch ₹150cr B2B agentic AI fund
Silicon Road Ventures and Ajay Mahajan have launched a Rs 150-crore SEBI-registered AIF to invest in early-stage Agentic AI startups in B2B commerce.
AI adoption reduces outsourcing and reshapes hiring at Indian firms
Indian enterprises embracing AI are reshaping cost structures, with 90% of mature adopters reducing business process outsourcing (BPO) spends, according to a Z47-OpenAI report.
OpenAI and Z47: AI could add $1tn to India's GDP
AI-led productivity gains could add $1 trillion to India’s GDP by 2035, while funding for AI startups doubled year-on-year to $1.3 billion, according to an OpenAI-Z47 report.
Oil prices slip on Iran uncertainty, Brent $106.95, WTI $101.52
Oil prices declined after a three-day rise, driven by uncertainty over an Iran ceasefire, as former U.S. President Donald Trump heads to China for trade discussions.
Lightspeed trims India fund to $300m-$350m, pivots to AI
Lightspeed plans a $300-350 million India-focused fund, shifting its strategy towards early-stage AI and deeptech startups amid challenges in its growth-stage portfolio.
Sir Ratan Tata Trust faces 3rd notice over 833 shares
Sunil Patilkhede has issued a legal notice to Sir Ratan Tata Trust trustees, marking the third such challenge in a month, ahead of the pivotal 16 May meeting.
India raises import duty on gold and silver to 15%
India has increased import duties on gold and silver to 15% from 6%, aiming to curb imports, reduce pressure on foreign exchange reserves, and support the struggling rupee.
Bombay High Court pauses ED seizure of Deepak Kochhar's 78cr
The Bombay High Court granted interim relief to Deepak Kochhar, staying the Enforcement Directorate's attempt to seize his ₹78 crore assets until the next hearing on June 19.
NVIDIA CEO Jensen Huang sees 27% pay cut to $36.3m
Jensen Huang's total pay fell 27% to $36.3 million in fiscal 2026, driven by a 36% drop in equity awards despite steady salary and incentive compensation.
US appeals court pauses ruling against Donald Trump's 10% tariff
A federal appeals court temporarily stayed a ruling declaring Trump's global 10% tariffs illegal, allowing the government to pursue further appeals.
Gartner finds cutting jobs for AI not boosting financial results
A Gartner study reveals that replacing workers with AI yields no financial gains, with companies sacrificing institutional knowledge and goodwill for minimal returns.
PayPal settles DOJ case, offers $1B processing fee waiver
PayPal agreed to a $30M settlement with the DOJ over its Economic Opportunity Fund, a program supporting Black-owned businesses, deemed "illegal DEI" under Trump’s administration.
India doubles gold import duty to 10% to shrink deficit
The Finance Ministry has doubled the import duty on gold and precious metals to 10%, aiming to curb imports and address trade deficit concerns amidst fluctuating global prices.
Goldman Sachs will deploy AI agents, John Waldron stresses productivity
Goldman Sachs President John Waldron announced plans to deploy generative AI “robots” to digitize operations, promising enhanced productivity without triggering mass layoffs.
Indian government rolls out 4 labor codes replacing 29 laws
The central government has operationalised four new labour codes, consolidating 29 laws, and plans to introduce a comprehensive employment policy to boost job creation.
OpenAI CEO Sam Altman testifies in Elon Musk charity lawsuit
Sam Altman testified that Elon Musk once suggested passing control of OpenAI to his children, raising concerns about the organization's commitment to shared governance.
Sam Altman testifies in Musk trial over $38 million claim
Sam Altman testified that Elon Musk’s management style demotivated researchers, adding that Musk’s exit from OpenAI served as a morale boost for some employees.
India's Income Tax Act 2025 took effect April 1, 2026
The Income Tax Act, 2025 simplifies compliance and reduces disputes through clear language, digital initiatives, and AI-powered tools like 'Kar Saathi' for taxpayer assistance.
US refunds $35.5B after Supreme Court voids Trump's emergency tariffs
The US government has initiated $35.5 billion in tariff refunds after the Supreme Court deemed Donald Trump’s emergency tariff policy unlawful, impacting millions of imports.
Uday Kotak warns India may face economic strain from energy
Uday Kotak warns of impending energy price shocks from Middle East tensions, urging India to prepare for structural global shifts and address its growing current account deficit.
Sam Altman denies Musk's claim at California trial over $38 million
Sam Altman refuted Elon Musk's claim of betraying OpenAI’s nonprofit mission, as the high-stakes trial over AI governance and leadership unfolds in California.
India might soon ink critical minerals pact with Russia
India and Russia are in advanced talks to sign a preliminary agreement on critical minerals, as per Reuters.
India has enough forex for over 8 months of imports
India's foreign exchange reserves are in a strong position, according to a Moneycontrol analysis.
EPFO to pay ₹50,000 compensation for 10-year-delay in PF transfer
The Chandigarh District Consumer Disputes Redressal Commission has directed the Employees' Provident Fund Organisation (EPFO) to pay ₹50,000 as compensation.
Microsoft, OpenAI agree to limit revenue-sharing payments to $38B
OpenAI and Microsoft have agreed to cap revenue-sharing payments at $38 billion, as per The Information.
Groww block deal jumps to $600M as demand surges
A block deal in Billionbrains Garage Ventures Ltd., the parent company of leading wealth-tech firm Groww, has been upsized from its initial base size of some $500 million to about $600 million. The increase comes on the back of high demand for shares.
India's retail inflation rises to 4-month high of 3.48%
India's retail inflation hit a four-month high of 3.48% in April, up from 3.4% in March, official data showed today.
eBay rejects GameStop's $56B takeover bid
eBay has turned down a massive $56 billion takeover offer from GameStop. The rejection comes amid concerns over the financing of the deal.
Real estate, jewelry shares fall again on Modi's austerity call
Real estate and jewelry stocks have been hit by a wave of selling pressure for the second consecutive day.
Why Altman is being probed by Republican lawmakers in US
Sam Altman, the CEO of OpenAI, is facing scrutiny from US Republican lawmakers over his business dealings.
This Skechers, Bugatti retailer has filed for IPO in India
Gaurik Fashions, which operates stores for Skechers, Guess and Bugatti in India, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).
Musk never raised concerns over Microsoft's OpenAI investments: Nadella
In the ongoing Musk v/s Altman trial, Microsoft CEO Satya Nadella has testified that Elon Musk never expressed any concerns about Microsoft's investments in OpenAI.
Indian IT stocks tumble as global economic concerns rattle investors
Major Indian IT stocks witnessed a sharp decline on Tuesday, with leading companies like Infosys and Tata Consultancy Services (TCS) witnessing losses of up to 4%.
India's GDP to grow at 6% in 2026, says Moody's
Moody's Ratings has revised India's GDP growth forecast for 2026 downward by 0.8% to 6%.
Japanese snack giant switches to black-and-white packaging: What's the reason?
Calbee, Japan's largest snack manufacturer, will soon switch 14 of its products to black-and-white packaging.
Lawsuit as an asset class? Indian investors now think so
In a first for India, investors are now funding commercial lawsuits in exchange for a share of future settlements or court awards.
Why NSE may prepone its IPO filing in India
The National Stock Exchange (NSE) is likely to speed up the filing of its draft red herring prospectus (DRHP).
Texas sues Netflix over how it tracks viewers
The state of Texas has filed a lawsuit against Netflix, accusing the streaming giant of illegally collecting and sharing user data.
Anant Ambani's Vantara is now selling ice cream in Mumbai
Anant Ambani's wildlife rescue project, Vantara, has launched a new premium ice cream brand in Mumbai.
Why Meta has been sued by a California county
California's Santa Clara County has filed a lawsuit against Meta Platforms, the parent company of Facebook and Instagram.
Gold, silver climb ahead of US inflation data, Trump-Xi talks
Gold and silver prices rose on Tuesday as investors kept a close eye on West Asia developments, key US inflation data, and the upcoming meeting between US President Donald Trump and Chinese President Xi Jinping.
GitLab announces layoffs to go all-in on AI agents
GitLab, a leading software development platform, has announced plans to lay off employees as part of a major restructuring effort.
Oil prices rise to $105 amid US-Iran ceasefire concerns
Global oil prices have witnessed a spike on Tuesday morning, owing to supply concerns stemming from a fragile US-Iran ceasefire.
Sensex tanks over 700 points: What's behind today's decline?
The Indian stock market opened on a bearish note today, with the Sensex and Nifty extending their losses.
OpenAI launches $4B company to accelerate enterprise AI adoption
OpenAI has announced the launch of a new venture, the OpenAI Deployment Company, with an initial investment of over $4 billion. The firm will be majority-owned and controlled by OpenAI.
Indian rupee hits all-time low of 95.58 against US dollar
The Indian rupee has hit a new all-time low, falling to 95.58 against the US dollar on Tuesday.
Modi government urged to implement mandatory WFH for IT employees
The Nascent Information Technology Employees Senate (NITES) has requested the Union Ministry of Labour and Employment to issue an advisory for mandatory work from home (WFH) in the IT sector.
Diet Coke is back in India but costlier
Diet Coke has made a comeback in India, but this time in costlier glass bottles.
India, Peru might restart free trade agreement talks in June
India and Peru are likely to resume negotiations for a proposed free trade agreement next month.
Adani Power becomes India's most valuable power company
Adani Power has become India's most valuable listed power company, thanks to a nearly 50% surge in its stock price this year.
Space tech start-up Agnikul in talks to raise $50-75M
Space technology start-up Agnikul Cosmos is in talks to raise between $50 million and $75 million, as per Economic Times.
'No petrol, diesel shortage': Government after PM's 'save fuel' appeal
The Indian government has assured that there is no shortage of petrol, diesel, liquefied petroleum gas (LPG), or crude oil in the country.
Jio's ₹749 postpaid plan offers Netflix, Amazon Prime, and JioHotstar
Reliance Jio has a postpaid recharge plan priced at ₹749.
'Invest more': Sunil Mittal urges Indian companies amid global uncertainty
Sunil Bharti Mittal, the chairman of Bharti Enterprises, has urged Indian companies to "double down" on investments and spending within the country.
India's real estate stocks tumble today: Here we decode why
Shares of major Bengaluru-based real estate firms have witnessed a slump today.
Copper defies US-Iran war impact, nears record high
Copper is on a record-high trajectory as traders overlook the US-Iran conflict and focus on supply-demand dynamics.
Gold, silver prices under pressure in India: What's the reason?
Gold and silver prices are witnessing a downward trend in India.
Tata Consumer shares jump 7%, highest level in 2 years
Shares of Tata Consumer Products, the Tetley tea maker, surged by as much as 6.6% today. This is the highest level for the stock in over two years.
HDFC Bank board mulls 90-day extension for interim chairman
HDFC Bank's board is considering a 90-day extension for Keki Mistry as its interim chairman, according to Moneycontrol.
How to invest in Indian government securities bonds
Investing in Indian government securities bonds can be a smart move for those seeking stable returns.
Bullet trains will eliminate short-duration flights, says Ashwini Vaishnaw
India's Railways Minister Ashwini Vaishnaw has warned airline investors that the country's new high-speed rail network will dominate short-haul routes.
EV stocks soar as Modi calls for fuel conservation
Shares of electric vehicle (EV) makers such as JBM Auto, Ola Electric Mobility, Ather Energy, and Olectra Greentech rose sharply today.
Why travel & tourism, aviation shares are seeing downturn today
Shares of major oil marketing companies (OMCs), airlines, and travel-related firms have plummeted today.
Jio's IPO in India will be a fully fresh issue
Reliance Industries Limited (RIL) is changing the listing structure of its telecom and digital venture, Jio Platforms.
Urban Company's shares fall 11% on dismal earnings report
Urban Company's shares plummeted by 11% today, marking its biggest single-day decline since listing in September 2025.