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Ex-NVIDIA exec launches new AI chips to take on NVIDIA's best
Zhang Jianzhong, former Nvidia executive and now CEO of Moore Threads, has introduced a new generation of AI chips aimed at reducing dependence on Nvidia's hardware.
India set to become world's 3rd-largest economy by 2027
Union Minister Jyotiraditya Scindia predicts India will overtake Germany as the world's third-largest economy by 2027, attributing this to Prime Minister Narendra Modi's policies.
SEBI sets up team to future-proof stock exchange tech
SEBI is planning to form a working group aimed at identifying the next technological advancements for stock exchanges, according to chairman Tuhin Kanta Pandey.
ED raids Dream11's office in ₹2,400cr money laundering probe
The Enforcement Directorate (ED) has launched a major investigation into a money laundering case involving ₹2,434 crore.
Google Cloud secures $10B deal with a cybersecurity giant
Google Cloud, a subsidiary of Alphabet, has signed an expanded partnership with cybersecurity firm Palo Alto Networks.
ADB to invest $4.3B in India across 16 projects
The Asian Development Bank (ADB) has announced a major investment of $4.258 billion in India for the year 2025.
China's rare-earth magnet exports to US take a dip, but global shipments surge
China's exports of rare-earth magnets to the US fell by 11% in November, with no immediate recovery in sight following a trade truce.
IndiGo to compensate passengers with ₹10,000 vouchers from December 26
IndiGo will start compensating passengers affected by the massive flight disruptions earlier this month, starting December 26.
IIM Nagpur, ONGC Green join forces for renewable energy research
The Indian Institute of Management Nagpur (IIM-N) and ONGC Green Limited have entered into a strategic partnership to conduct research in the field of green and future energy.
Reliance shares rise 28% this year: Time to book profits?
Reliance Industries Limited (RIL) has emerged as a star performer in the Indian stock market, with its shares surging by 28% year-to-date on the Bombay Stock Exchange (BSE).
How SEBI plans to boost participation in commodity trading
The Securities and Exchange Board of India (SEBI) is working with the Goods and Services Tax (GST) Council to address GST-related issues in commodity trading.
SoftBank's $22.5B OpenAI funding commitment: How will it be fulfilled?
SoftBank Group is racing to fulfill its $22.5 billion funding commitment to OpenAI by the end of 2025.
Starbucks appoints Amazon's Anand Varadarajan as new CTO
Starbucks has announced the appointment of Anand Varadarajan as its new Chief Technology Officer (CTO), effective January 19.
OpenAI seeks $100B in funding, eyeing $830B valuation
OpenAI, the company behind ChatGPT, is reportedly looking to raise up to $100 billion in a funding round. If successful, this could value the company at as much as $830 billion.
Union Budget 2026-27: Govt wants your ideas for next year's budget
The Finance Ministry has opened up for public suggestions for the Union Budget 2026-27, aiming to reflect citizens' aspirations and foster national progress.
Adani Group to build over 60 hotels across India
Adani Group is set to enter India's hospitality sector, planning to build one of the country's largest hotel portfolios, primarily linked to its airport and real estate businesses.
IndiGo to compensate passengers for canceled, delayed flights
Following a government directive, IndiGo will begin compensating passengers affected by large-scale flight disruptions with ₹10,000 vouchers from December 26.
Crypto hedge funds hit a rough patch in 2025
Crypto hedge funds faced a challenging year in 2025, marked by sharp volatility and an October crash, resulting in their worst performance since the 2022 downturn.
Sony acquires iconic Peanuts franchise for $450M
Sony has acquired a majority stake in the Peanuts franchise, including iconic characters like Snoopy and Charlie Brown.
Visa, Mastercard to pay $168M to settle ATM fee lawsuit
Visa and Mastercard have agreed to a combined settlement of $167.5 million in a class-action lawsuit. The companies were accused of colluding to keep ATM access fees high.
Fortis acquires People Tree Hospital in Bengaluru for ₹430cr
Fortis Healthcare has announced its decision to acquire Bengaluru's People Tree Hospital for ₹430 crore.
BGMI parent sets up $670M fund to invest in India
Krafton, the South Korean gaming giant behind popular titles like PUBG and Battlegrounds Mobile India (BGMI), is launching a growth investment fund focused on India.
US criticizes India, EU over stalemate in trade talks
US Trade Representative Jamieson Greer has criticized the European Union (EU) and India for their lack of progress in trade negotiations.
Fortis Healthcare just bought People Tree Hospital in Bengaluru for ₹430cr
Fortis Healthcare is set to acquire Bengaluru-based People Tree Hospital for ₹430 crore, expanding its presence in the city.
Starbucks names Amazon veteran as new Chief Technology Officer
Starbucks has named former Amazon executive, Anand Varadarajan, as its new Chief Technology Officer, effective from January 19.
India's VIX nears 52-week low: What it means for market
India's Volatility Index (VIX), a key measure of market sentiment, came close to its 52-week low this week.
Netflix acquires avatar maker Ready Player Me for gaming expansion
In a major shift in its gaming strategy, Netflix has announced the acquisition of Ready Player Me, an Estonia-based avatar-creation platform.
AI pioneer Yann LeCun launches new start-up, seeks $3.5B valuation
Yann LeCun, a prominent figure in the field of artificial intelligence (AI), has officially announced his latest venture: Advanced Machine Intelligence Labs (AMI Labs).
Why Google has sued web scraper SerpApi
Google has filed a lawsuit against SerpApi, a company that provides tools to scrape content from the internet, including Google's search results.
Delaware Supreme Court reinstates Musk's $56B Tesla pay package
The Delaware Supreme Court has reinstated Elon Musk's $56 billion pay package from 2018. The decision overturns a previous ruling by the state's Chancery Court.
India and Oman just signed a big trade deal—here's what it means
India and Oman aim to implement a bilateral free trade agreement within the next three months, according to Indian commerce and industry minister Piyush Goyal.
India's forex reserves rise by $1.7B to $690B
India's foreign exchange reserves have witnessed a major jump of $1.68 billion, hitting the mark of $688.94 billion, according to the latest data from the Reserve Bank of India (RBI).
Received SMS from I-T department? Here's what it means
The Income Tax (I-T) Department has issued a clarification regarding the recent SMS and email communications sent to taxpayers.
Adani eyes nuclear energy projects as India introduces SHANTI Bill
The Adani Group, led by billionaire Gautam Adani, is in talks with the Uttar Pradesh government to set up a commercial nuclear energy project.
HDFC Bank tweaks debit card lounge benefits: Know key changes
HDFC Bank has announced changes to its complimentary airport lounge access policy for debit card holders.
Cipla, Pfizer India partner to market 4 brands in India
Pharmaceutical giants Pfizer India and Cipla have announced a strategic partnership.
Indian equities trail emerging markets by widest margin in decades
The Indian stock market has witnessed its worst relative performance in nearly three decades, according to a report by global brokerage firm Jefferies.
China takes India to WTO over tech tariffs, solar subsidies
China has lodged a formal complaint with the World Trade Organization(WTO) against India.
Flipkart acquires AI firm Minivet to enhance e-commerce capabilities
Leading e-commerce platform Flipkart has announced the acquisition of a majority stake in Minivet AI, an innovative artificial intelligence (AI) and machine learning (ML) solutions provider.
TikTok strikes deal to hand US operations to American investors
TikTok has struck a deal to hand over a major chunk of its US operations to a group of American investors.
Ola Electric shares surge 10% after founder clears ₹260cr loan
Ola Electric's shares surged nearly 10% to ₹34.38 on Friday afternoon, recovering from the previous day's close of ₹31.26.
Ather Energy enters auto insurance business, shares jump 4%
Ather Energy, a leading player in the electric two-wheeler segment, is all set to foray into the auto insurance distribution space.
Alphabet's Waymo seeks $15B funding amid robotaxi race with Tesla
Waymo, a subsidiary of Alphabet, is reportedly in talks to raise over $15 billion in a new funding round expected to complete early next year.
India's trade deficit with China to hit $106B by 2025
India's trade deficit with China is projected to reach a staggering $106 billion by 2025.
India's IPO boom to continue in 2026, says Goldman Sachs
India's initial public offering (IPO) market is set for another record-breaking year in 2026.
ICICI Prudential AMC IPO lists at 20% premium
ICICI Prudential Asset Management Company (AMC) made a strong debut on the stock market today, with its shares opening at a 20% premium over the IPO price.
Trump's media company is turning into a nuclear fusion firm
Trump Media & Technology, the parent company of the US President Donald Trump's Truth Social media platform, is set to merge with TAE Technologies, a private firm specializing in nuclear fusion energy.
India-Oman FTA signed: What's in the deal?
India has signed a Free Trade Agreement (FTA) with Oman, further strengthening its trade and strategic ties with the Gulf region.
India's competition regulator mulls probe into IndiGo over flight disruptions
The Competition Commission of India (CCI) is considering launching an investigation into IndiGo, following complaints over recent flight disruptions.
Haldiram's enters another partnership to boost market presence
L Catterton, a leading global consumer-focused investment firm, has announced a strategic partnership with Haldiram's.
Platinum prices hit 18-year high: What's behind the surge?
As gold and silver continue to dominate headlines with their skyrocketing prices, platinum has quietly reached an 18-year high.
IndiGo restores 2,200-flight network, CEO says 'worst is behind us'
IndiGo's CEO Pieter Elbers has announced that the airline has emerged stronger from a challenging phase.
RBI reportedly spent $30B in 4 months to stabilize rupee
The Reserve Bank of India (RBI) has reportedly spent around $30 billion to stabilize the Indian rupee (INR) over the last four months, according to a report by SBI Research.
Why India's new labor codes could lower your take-home pay
India's recently implemented labor codes, aimed at simplifying and modernizing 29 existing laws, include changes to salary structures.
OpenAI seeks funding at $750B valuation
OpenAI, the artificial intelligence (AI) company behind ChatGPT, is in early-stage talks with investors to raise tens of billions of dollars at a whopping $750 billion valuation, according to The Information.
Mystery 'Company C' bid $25B to buy Warner Bros. Discovery
Warner Bros. Discovery has revealed that a fourth company, referred to as Company C, submitted a bid to acquire it in November in addition to Netflix, Paramount Skydance, and an unnamed Company A.
Sitharaman introduces Securities Markets Code Bill to unify market laws
Finance Minister Nirmala Sitharaman has introduced the Securities Markets Code Bill, 2025 in Lok Sabha.
Sony and Tencent settle lawsuit over Horizon series clone
Sony and Tencent have settled their legal dispute over the alleged cloning of Sony's popular Horizon series.
SEBI introduces new rules for mutual funds, stock brokers
The Securities and Exchange Board of India (SEBI) has approved a major overhaul of regulations governing mutual funds and stock brokers.
Meesho shares double from IPO price: What's driving the surge?
Meesho, the Indian e-commerce platform, has seen its shares surge by 8% to a record high of ₹233 on Thursday.
Home services start-up Pronto in talks to raise $25M
Pronto, a start-up that offers quick home services, is reportedly in talks to raise around $25 million in its latest funding round.
Phytochem Remedies IPO opens today, aims to raise ₹38cr
Phytochem Remedies (India) Ltd has announced its initial public offering (IPO), which opens for subscription today.
Parliament clears bill for 100% foreign investment in insurance sector
The Rajya Sabha has approved the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025.
Coursera to acquire Udemy in $2.5B deal
Online education platform Coursera has announced its plan to acquire rival company Udemy in an all-stock deal valued at $2.5 billion.
PFRDA allows 80% withdrawal from NPS: Here's how to avail
The Pension Fund Regulatory and Development Authority (PFRDA) has made a major change to the National Pension System (NPS), allowing non-government subscribers to withdraw up to 80% of their accumulated corpus. Earlier, the limit was set at 60%.
How this Indian AI stock gained 55,000% in 20 months
RRP Semiconductor Ltd., a little-known Indian company, has become the world's best-performing stock with an astronomical surge of over 55,000% in just 20 months.
Paytm gets RBI nod for offline, cross-border payment aggregation
Paytm Payments Services Limited (PPSL), a subsidiary of One 97 Communications Limited, has received authorization from the Reserve Bank of India (RBI) to act as a payment aggregator for offline payments and cross-border transactions.
Amazon Now delivers your groceries in Gurugram in 10 minutes
Amazon India has extended its ultra-fast delivery service, Amazon Now, to Gurugram.
Why Ford scrapped a $6.5B battery deal with LG Energy
Ford has scrapped a 9.6 trillion won ($6.5 billion) battery deal with South Korea's LG Energy Solution, the latter announced in a regulatory filing in Seoul.
Google Pay launches its 1st-ever credit card in India
Google Pay has launched its first credit card offering in India, in partnership with Axis Bank.
Amazon Pay now allows biometric authentication for UPI payments
Amazon Pay has launched a new feature, UPI Biometric Authentication, to make digital payments more convenient and secure.
HDFC Bank reduces FD interest rates : Check affected schemes
HDFC Bank has revised the interest rates on fixed deposits (FDs) of up to ₹3 crore. The change came into effect from today.
Zomato's Deepinder Goyal crowned India's top self-made entrepreneur
Deepinder Goyal, the CEO of Eternal (formerly Zomato), has topped the IDFC FIRST Private & Hurun India's Top 200 Self-made Entrepreneurs of the Millennia 2025.
Silver prices hit record high of ₹2.06L/kg: What's driving surge?
Silver prices have hit an all-time high of ₹2,06,111 per kilogram on the Multi Commodity Exchange (MCX) today.
Amazon to lay off 370 employees at Europe headquarters
Amazon is preparing to lay off 370 employees at its European headquarters in Luxembourg. The move comes as part of a larger global job cut plan announced earlier this year.
Shocker! This company doesn't offer casual, sick leaves anymore
A company has come under fire after an employee claimed that the management has scrapped casual and sick leave entitlements.
Why Blinkit has been fined ₹5L in Noida
The Noida Authority has slapped a ₹5 lakh fine on a cloud kitchen run by Blink Commerce Pvt Ltd, the parent company of popular quick-commerce platform Blinkit.
Why Bhavish Aggarwal sold his stake in Ola Electric
Ola Electric Mobility Ltd's shares have plummeted by nearly 60% in 2025.
How much does gold worth ₹100 in 1985 cost now?
Gold prices have seen a significant rise lately, thanks to strong global cues.
Oil crashes to lowest level since 2021: What's the reason?
Crude oil prices have witnessed a major slump, falling below $55 per barrel for the first time since early 2021.
India, Oman to sign free trade agreement tomorrow: Key expectations
India and Oman are all set to sign a landmark free trade agreement (FTA) on Thursday in Muscat.
Musk's X countersues a start-up claiming 'Twitter' trademark
Elon Musk's social media platform X has updated its terms of service to reaffirm its ownership of the "Twitter" trademark.
Why Trump administration is threatening retaliation against Accenture, Spotify
The United States has threatened to retaliate against the European Union (EU) over its plans to tax American tech companies.
Indian rupee registers biggest single-day gain in 7 months
The Indian rupee made a strong comeback today after the Reserve Bank of India (RBI) stepped in to stabilize it.
Chinese chipmaker surges 755% on IPO debut amid AI frenzy
MetaX Integrated Circuits Shanghai Co., a Chinese chipmaker, saw its shares skyrocket by an incredible 755% on its trading debut today.
Amazon discussing $10B investment in OpenAI at $500B valuation
Amazon is reportedly in talks to invest around $10 billion in OpenAI, the company behind ChatGPT.