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Business News

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19 Apr 2026
Delhi

Akshaya Tritiya 2026: Check gold, silver prices in your city

Gold prices in India's retail market remained largely unchanged today. The day marks Akshaya Tritiya, a festival traditionally considered auspicious for buying gold and silver.

NVIDIA-rival Cerebras files for an IPO in the US

Cerebras Systems, a leading player in the AI chip industry and competitor to NVIDIA, has filed for an initial public offering (IPO) in the US.

19 Apr 2026
TL;DR

FICCI, IBA survey finds banks boosting renewable lending H1 2026

The FICCI-IBA Bankers' Survey reveals a strong growth potential in renewable energy financing, while AI and cybersecurity pose significant challenges.

19 Apr 2026
TL;DR

Adani Airport City Ltd launches 3 hospitality, real estate firms

Adani Enterprises Ltd (AEL) has incorporated three subsidiaries focused on hotel and real estate development, as part of its airport city expansion strategy.

19 Apr 2026
TL;DR

Bharti Airtel leads gains as Sensex lifts ₹1,87,497.45 cr

Eight of the top ten firms saw their market capitalisation surge by ₹1.87 lakh crore last week, led by Bharti Airtel's ₹58,821 crore gain.

19 Apr 2026
TL;DR

SBI Research forecasts India's FY27 GDP 6.8%-7.1% despite oil shocks

Despite global pressures and oil shock, India's GDP is projected to grow between 6.8% and 7.1% in FY27, according to a recent report by SBI Research.

19 Apr 2026
TL;DR

India's LPG consumption fell 13% in March after Hormuz closure

India's domestic LPG consumption fell by 13% in March due to supply disruptions caused by the West Asia conflict, impacting both household and commercial users.

19 Apr 2026
TL;DR

RBI plans kill switch to instantly halt bank account payments

The Reserve Bank of India (RBI) has proposed a 'kill switch' mechanism to boost digital payment security and curb online fraud, drawing inspiration from Singapore's model.

19 Apr 2026
TL;DR

Aluminum hits ₹375/kg in India, reaches 4-year global high

Aluminium prices have hit record highs due to strong demand, supply constraints, and rising energy costs. Geopolitical tensions and dwindling inventories add to the volatility.

19 Apr 2026
TL;DR

Acko cuts about 60 employees, Nitin Khanna to be CMO

Digital insure-tech firm Acko has laid off approximately 60 employees, about 5% of its workforce, as it shifts towards integrating artificial intelligence into its operations.

19 Apr 2026
TL;DR

IMF trims global 2026 growth outlook and raises inflation estimate

The International Monetary Fund has reduced its global growth forecast for 2026 due to the Middle East war's impact on oil prices and subsequent inflation rise.

19 Apr 2026
Indian Government

Maritime insurance scheme approved to protect India's shipping, trade

The Indian government has approved the establishment of a new maritime insurance scheme, the Bharat Maritime Insurance Pool (BMI Pool).

19 Apr 2026
TL;DR

Jack Dorsey-led Block cuts 40% of staff after AI tests

Jack Dorsey, CEO of fintech giant Block, has admitted that the decision to lay off over 4,000 employees was driven by advancements in artificial intelligence.

19 Apr 2026
TL;DR

Sridhar Vembu: AI era demands domain expertise beyond coding

Sridhar Vembu, founder of Zoho, advises software engineers to prioritize domain expertise over coding skills to stay relevant in the AI era.

19 Apr 2026
TL;DR

Bangladesh raises fuel prices to 135 taka citing Iran tensions

Bangladesh has increased retail fuel prices by up to 15% due to a surge in global crude oil prices and supply disruptions caused by the ongoing Middle East conflict.

19 Apr 2026
TL;DR

Silicon Valley legend Ron Conway diagnosed with rare cancer

Venture capitalist Ron Conway recently revealed his diagnosis of a rare form of cancer, announcing plans to adjust his work schedule at SV Angel for treatment.

18 Apr 2026
Foreign Investment

FPIs invest almost ₹4,800cr in Indian equities this week

Foreign portfolio investors (FPIs) have made a strong comeback in Indian equities, investing ₹4,794 crore in the week ending yesterday.

18 Apr 2026
HDFC Bank

HDFC Bank posts ₹19,221cr net profit for March quarter

HDFC Bank, India's leading private lender, has reported a net profit of ₹19,221 crore for the March quarter.

18 Apr 2026
ICICI Bank

ICICI Bank's Q4 net profit jumps 8.5% YoY to ₹13,701.68cr

ICICI Bank has reported an 8.5% year-on-year (YoY) increase in its standalone profit for the fourth quarter of FY26.

18 Apr 2026
Yes Bank

YES Bank's Q4 results: Net profit jumps 45% to ₹1,068.4cr

YES Bank has reported a stellar performance in its fourth quarter (Q4) results.

18 Apr 2026
Bitcoin

Bitcoin touches 2-month high of almost $78,000: What's the reason?

Bitcoin has reached a two-month high of nearly $78,000, thanks to easing geopolitical tensions and renewed investor confidence.

How Modi government plans to speed up India's exports

The Ministry of Commerce and Industry has reformed the norms committees under the Directorate General of Foreign Trade (DGFT).

18 Apr 2026
Indian Government

Dearness allowance for central government employees hiked by 2%

The Indian government has approved a 2% hike in the Dearness Allowance (DA) for its employees.

18 Apr 2026
Meta

Meta might lay off 8,000 employees on May 20

Meta, the parent company of Facebook and Instagram, is gearing up for a major round of layoffs.

India's primary market to see only 1 IPO next week

The primary market is gearing up for a quiet week, with only one initial public offering (IPO) set to open.

18 Apr 2026
Reserve Bank Of India (RBI)

India's forex reserves jump by $3.8B to hit $700.9B

India's foreign exchange (forex) reserves have seen a significant weekly increase of $3.8 billion, taking the total to $700.9 billion for the week ending April 10, 2026.

BHEL's revenue in FY26 rises 18% to ₹32,350cr

State-owned engineering giant Bharat Heavy Electricals Limited (BHEL) has reported an impressive 18% year-on-year growth in its provisional and unaudited turnover for FY 2025-26.

18 Apr 2026
OpenAI

Why OpenAI's CTO Srinivas Narayanan has quit the company

Srinivas Narayanan, a senior engineering leader at OpenAI, has announced his decision to leave the company by the end of next week.

18 Apr 2026
Reliance Industries

Q4 profit of Jio Financial Services down 14% to ₹272cr

Jio Financial Services, the financial arm of Reliance Industries, has reported a nearly 14% decline in its consolidated net profit for the March quarter.

18 Apr 2026
Startups

Coding start-up Cursor wants to raise $2B at $50B valuation

MIT-founded artificial intelligence (AI) coding start-up, Cursor, is on the verge of raising at least $2 billion in a new funding round.

18 Apr 2026
OpenAI

OpenAI loses multiple executives as it slashes 'side quests'

OpenAI's ex-Chief Product Officer Kevin Weil and Sora AI video team lead Bill Peebles have announced their departure from the company.

17 Apr 2026
Finance

Gold loans: Should you consider this option?

Gold loans have emerged as a popular option for Indians looking for quick financial assistance.

17 Apr 2026
Finance

Digital gold: All about this new-age investment option

Digital gold is a new-age investment option rapidly gaining traction in India. It allows investors to buy, store, and sell gold in a digital form, without the hassles of physical storage.

17 Apr 2026
HDFC Bank

Centre allows 15 banks to import gold, silver till 2029

The central government has authorized 15 major banks, including the State Bank of India (SBI), Axis Bank, HDFC Bank and the Bank of India (BoI), to import gold and silver.

17 Apr 2026
BookMyShow

Flipkart to enter movie, concert ticketing market

Walmart-owned e-commerce giant Flipkart is gearing up to enter India's growing movie and concert ticketing market.

17 Apr 2026
Donald Trump

BSE m-cap rebounds to $5T, reversing war-led losses

The total market capitalization of all companies listed on the Bombay Stock Exchange (BSE) has rebounded to the $5 trillion mark.

17 Apr 2026
Reserve Bank Of India (RBI)

Why RBI's dual compliance mandate is worrying start-ups

The Reserve Bank of India (RBI) has mandated fintech and payment companies to comply with the Digital Personal Data Protection Act (DPDP), in addition to its own guidelines.

17 Apr 2026
LPG Cylinder

India announces ₹12,500cr plan to build 2,500km LPG pipeline network

The Petroleum and Natural Gas Regulatory Board (PNGRB) has announced a massive investment of ₹12,500 crore for the development of Liquefied Petroleum Gas (LPG) pipeline infrastructure.

17 Apr 2026
NOTHING

India's smartphone market just hit a 6-year low: Here's why

India's smartphone market has witnessed its weakest quarter in six years, with a 3% year-on-year decline in shipments during Q1 2026.

17 Apr 2026
AMD

TCS ends layoffs, resumes annual salary increment cycle

Tata Consultancy Services (TCS) has announced the end of its layoff cycle and the resumption of its regular annual salary increment cycle.

17 Apr 2026
Delhi

SpiceJet-Akasa Air collision: Indian aviation regulator probes incident, crews grounded

The Directorate General of Civil Aviation (DGCA) has launched an investigation into a collision between an Akasa Air and a SpiceJet aircraft at Delhi's Indira Gandhi International Airport.

17 Apr 2026
Gautam Adani

Gautam Adani overtakes Mukesh Ambani as Asia's richest person

Gautam Adani has surpassed Mukesh Ambani to become Asia's richest person, according to the latest data from the Bloomberg Billionaires Index.

17 Apr 2026
Reserve Bank Of India (RBI)

Why Indian banks have stopped gold, silver imports

Indian banks have temporarily halted gold and silver import orders from overseas suppliers.

17 Apr 2026
Digital Marketing

India's digital ad market may double to $22B by 2030

India's digital advertising market is set to witness a massive growth in the next five years.

17 Apr 2026
Spotify

Spotify wins $322M piracy case but pirates remain untraceable

Spotify and three major record labels have won a default judgment of $322 million against Anna's Archive, an open-source library and pirate activist group.

17 Apr 2026
OpenAI

OpenAI signs $20B deal with chip start-up Cerebras

OpenAI has signed a major deal with chip start-up Cerebras, The Information reported.

17 Apr 2026
Donald Trump

Gold prices steady as Trump expresses optimism on US-Iran peace

Gold prices were steady on Friday, after President Donald Trump expressed optimism over a permanent ceasefire between the US and Iran.

17 Apr 2026
India

India to continue Russian oil imports despite US waiver expiry

India is likely to continue its import of crude oil and cooking gas (LPG) from Russia even after the US's one-month sanctions waiver on such imports expires.

17 Apr 2026
Amazon

Netflix chairman Reed Hastings to step down from board

Reed Hastings, the co-founder and chairman of Netflix, will be leaving the company's board at the end of his term this summer.

16 Apr 2026
Finance

Does PPF have a higher lock-in period than FD?

Public Provident Fund (PPF) and Fixed Deposits (FDs) are two of the most popular investment options in India.

16 Apr 2026
Finance

If you're self-employed, this is for you 

Managing self-employment loans can be a daunting task, especially when it comes to budgeting.

16 Apr 2026
Finance

NBFC loans: What they are actually

Non-banking financial companies (NBFCs) have become an integral part of the Indian financial landscape, providing a wide range of loan products.

16 Apr 2026
Wipro

Wipro's Q4 profit falls but ₹15,000cr buyback signals confidence

Wipro, a leading player in the IT services sector, has announced its financial results for the March-ended quarter.

16 Apr 2026
International Monetary Fund

India slips to 6th-largest economy in 2025

India has slipped to the sixth-largest economy in the world in 2025, according to the latest International Monetary Fund (IMF) data.

16 Apr 2026
California

Tech, media layoffs surge as companies chase AI-driven restructuring

The past two weeks have witnessed a fresh wave of layoffs in the tech and media industry.

16 Apr 2026
India

India's unemployment rate rises to 5.1% in March

India's unemployment rate has increased to 5.1% in March, up from 4.9% in February, government data shows. The rise is mainly attributed to a surge in urban joblessness.

Tax treatment of employer-provided meals revised: What it means

In a major development, the Central Board of Direct Taxes (CBDT) has revised the tax treatment of meal card benefits under new income tax rules.

16 Apr 2026
Anil Ambani

No relief for Anil Ambani as SC upholds 'fraud' tag

The Supreme Court of India has rejected a plea by Anil Ambani, challenging the classification of his loan accounts as "fraud" by a consortium of banks.

16 Apr 2026
China

Tim Cook increases Nike stake with fresh $1M investment

Apple CEO Tim Cook, who also serves on Nike's board, has bought $1 million worth of the shoemaker's stock. The move is seen as a vote of confidence in the company.

Shoe brand pivots to AI, stock soars 600%

Allbirds, the sustainable footwear brand known for its popular Wool Runners, has announced a major shift in its business model.

16 Apr 2026
OpenAI

Sam Altman challenges his sister's lawsuit claims

Sam Altman, the co-founder and CEO of OpenAI, has filed a counter-defamation lawsuit against his sister Annie.

16 Apr 2026
Drake

Ticketmaster ruled illegal monopoly in major antitrust verdict

A Manhattan jury has declared Live Nation-Ticketmaster an illegal monopoly, Bloomberg reported.

16 Apr 2026
Elon Musk

Google set for $100B gain from SpaceX IPO

Google is poised to rake in a massive windfall of over $100 billion from its early investment in Elon Musk's SpaceX.

16 Apr 2026
LPG Cylinder

India's LPG crisis may take 4 years to ease: Report

India's Liquefied Petroleum Gas (LPG) supply chain disruption could take three to four years to normalize, according to a Moneycontrol report citing a senior government official.

16 Apr 2026
Iran

Gold, silver prices jump on geopolitical tensions and currency fluctuations

Gold and silver prices witnessed a jump in Thursday's trade, owing to geopolitical uncertainties, currency fluctuations, and a general risk-on sentiment in global equities.

16 Apr 2026
Blinkit

Flipkart eyes $2.5B pre-IPO funding round

Flipkart, the leading Indian e-commerce platform owned by Walmart, is looking to raise between $2 billion and $2.5 billion in a pre-IPO funding round, according to Moneycontrol.

16 Apr 2026
Nashik

TCS shuts Nashik office amid probe into harassment, conversion allegations

Tata Consultancy Services (TCS) has shut operations at its Nashik office, halted fresh hiring, and asked employees to work from home.

16 Apr 2026
Iran

China's economy grows 5% in Q1, surpassing expectations

China's economy expanded by 5% year-on-year in the first quarter of 2026, beating expectations amid the ongoing US-Israel war with Iran.

16 Apr 2026
Apple

Ford's EV and tech chief exits company

Doug Field, the executive who has been instrumental in shaping Ford's electric vehicle (EV) and technology strategies for the past five years, is leaving the company.

16 Apr 2026
Layoff News

BBC to cut 2,000 jobs in major cost-saving effort

The British Broadcasting Corporation (BBC) has announced plans to cut up to 2,000 jobs as part of a major cost-saving effort.

16 Apr 2026
Iran

Oil prices drop below $95 as US-Iran tensions ease

Oil prices fell on Thursday, amid hopes of a potential easing of US-Iran tensions and ongoing concerns over supply disruptions.

15 Apr 2026
Finance

Foreign bonds: All about this investment option

Investing in foreign bonds can be an attractive option for Indian investors looking to diversify their portfolios and hedge against currency fluctuations.

15 Apr 2026
Finance

PPF v/s FD: Which allows partial withdrawals?

Public Provident Fund (PPF) and Fixed Deposits (FD) are two popular investment options in India.

IT industry mulls reforms after TCS sexual harassment case

The recent incident at Tata Consultancy Services (TCS) has raised questions about the effectiveness of workplace harassment protocols in the IT industry.

15 Apr 2026
Donald Trump

Trump threatens to revise UK trade deal amid Iran tensions

US President Donald Trump has hinted that the trade deal between America and the UK could be modified.

15 Apr 2026
India

India's unemployment rate surges to 5.1% in March

India's unemployment rate has hit a five-month high of 5.1% in March, up from 4.9% in February, according to the Periodic Labor Force Survey (PLFS).

15 Apr 2026
Amazon Pay

Akshaya Tritiya 2026: Amazon, BharatPe, JioFinance launch digital gold offers

Ahead of Akshaya Tritiya, a major festival for gold purchases in India, various financial platforms and jewelry retailers have announced lucrative offers.

15 Apr 2026
Sensex

Sensex, Nifty rally 8.5% in April: Hold or book profit?

Indian stock markets have witnessed a major recovery in April, with the BSE Sensex and Nifty 50 both surging by 8.5% each.

15 Apr 2026
Android

Google hit with fresh monopoly lawsuit from app store rival

Aptoide, a Portugal-based Android app store, has filed an antitrust lawsuit against Google.

15 Apr 2026
India

India's trade deficit in March shrinks to $20.98B

India's merchandise trade deficit narrowed to $20.98 billion in March, according to Reuters calculations based on government data.

15 Apr 2026
New Zealand

Air New Zealand will let you sleep in bunk beds

Air New Zealand is set to revolutionize long-haul travel with its new Economy Skynest sleeping pods.