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India extends 0 customs duty on nearly 40 essential petrochemicals
India has extended the customs duty exemption on critical petrochemical imports until July 15 to ensure supply stability amid disruptions caused by the ongoing West Asia conflict.
RBI names AI-powered cyberattacks biggest threat to India's financial system
AI-driven cyberattacks are the top near-term threat to India's financial system, warns RBI, as uneven preparedness and third-party dependencies heighten vulnerabilities.
IRDAI approves 1st 100% foreign-owned general insurers in India
IRDAI has approved two proposals for 100% foreign ownership in general insurers, following the government's FDI reforms allowing full foreign direct investment in the sector.
Kotak Mahindra Bank to absorb Deutsche Bank's India retail business
Kotak Mahindra Bank has acquired Deutsche Bank's retail, private banking, and wealth management operations in India, adding ₹29,000 crore in loans and ₹16,000 crore in deposits.
Reserve Bank of India warns AI stocks could unsettle markets
The Reserve Bank of India warns that soaring AI stock valuations pose global financial risks but assures India's banking system remains robust and resilient to external shocks.
India and Japan to allow direct rupee yen transactions
India and Japan plan a yen-rupee settlement framework to bypass dollar-based payments, aiming to reduce conversion costs and enhance bilateral trade efficiency.
Paras Defence inks exclusive India deal for Guardian-1 counter-drone interceptor
Paras Defence has signed an exclusive IP license agreement with Tandem Defense LLC to manufacture and commercialize the Guardian-1 Interceptor counter-drone system in India.
Bengaluru developer Raj repurposes 3.5L servers originally worth over 1.5cr
A 27-year-old Bengaluru developer bought decommissioned bank hardware for Rs 3.5 lakh and now earns Rs 27 lakh monthly by fine-tuning AI models for US-based companies.
Flipkart unveils 3rd SuperCoins version with Uber and Marriott Bonvoy
Flipkart is transforming its SuperCoins loyalty programme into a cross-platform rewards currency, aiming to drive customer retention and long-term partner value.
Tamil Nadu aims to lead India's defense electronics by 2040
Tamil Nadu could emerge as India’s defence electronics hub by 2040, achieving ₹37,000 crore in annual production and ₹10,000 crore in exports, says DRDO official BK Das.
CBI arrests Shamim Dar, Charanjeet Singh Randhawa over 504cr fraud
The CBI has arrested two former bank officials for allegedly misappropriating Rs 504 crore from Haryana government departments through fraudulent fixed deposits and transactions.
Optiemus Electronics, China's Quectel to manufacture wireless modules in Noida
Optiemus Electronics partners with Quectel IoT Technologies to locally produce advanced wireless communication modules, strengthening India's electronics ecosystem.
Nexchip Semiconductor to raise about $890 million in Hong Kong IPO
China's Nexchip Semiconductor aims to raise up to $890.3 million through a Hong Kong share sale, offering 216.2 million shares with trading set to begin on July 10.
Rockstar staff seek union recognition ahead of GTA VI launch
Rockstar Games employees are pushing for union recognition with IWGB after 31 members were fired last year, ahead of GTA VI's November release.
Indian rupee posts 1st quarterly gain since March 2025
The Indian rupee marked its first quarterly rise since March 2025, driven by falling oil prices and policy measures aimed at boosting dollar inflows.
Noel Tata to step down as Voltas chairman this November
Noel Tata, turning 70 in November, announced his retirement as Voltas chairman during the company's 72nd AGM, marking the end of his leadership tenure since 2017.
RateGain upbeat, Bhanu Chopra credits AI for hotel OTA collaboration
RateGain Travel Technologies anticipates stronger distribution business growth as its new AI-powered tools gain traction, addressing recent slowdown caused by a one-time event.
Himadri Speciality Chemical to build 100 GWh battery materials plant
Himadri Speciality Chemical shares rose after announcing plans to establish a 100 GWh battery material facility, aiming to boost revenue by Rs 30,000 crore.
India's economy growing fastest among major countries, says Nitin Paranjpe
India remains the fastest-growing major economy, driven by rising consumption, digitalisation, and reforms, according to Hindustan Unilever chairman Nitin Paranjpe.
Binance says AI security stopped over $10.5B and spends $300 million
Binance's AI-powered compliance systems blocked $10.53 billion in potential fraud between 2025 and Q1 2026, supported by $300 million annual investments in compliance initiatives.
Xiaomi, OPPO, Vivo cut 2026 shipment targets as Honor warns
Xiaomi, Oppo, and Vivo are reducing smartphone shipment targets by up to 30% in response to severe component shortages and rising prices driven by surging AI industry demand.
India's crude oil imports normalize through diversified sourcing, HSBC says
India's crude oil imports have rebounded to near pre-conflict levels as refiners diversified sourcing, leveraging discounted Russian barrels and Atlantic Basin supplies.
UBS: Global wealth rose 10.8% 2025, 1 million new U.S.-dollar millionaires
Global personal wealth surged by 10.8% in 2025, creating nearly one million new dollar millionaires, with the U.S. contributing over 440,000 to this unprecedented growth.
Gujarat to launch industrial AI CoE with IBM and IAIRO
Gujarat partners with IBM and IAIRO to establish an Industrial AI Centre of Excellence, serving as a ‘Living Lab’ to drive innovation in manufacturing and other industries.
QuantEco Research raises India's FY 2026-27 (FY27) GDP growth forecast to 6.4%
QuantEco revised India's FY27 GDP growth forecast to 6.4%, citing improved growth-inflation dynamics driven by easing crude oil prices and de-escalation of Middle East tensions.
Social Worth Technologies files IPO with SEBI for Fibe app
Social Worth Technologies Ltd, parent of digital lending platform Fibe, has filed draft papers with SEBI for an IPO comprising ₹750 crore fresh issue and over 4 crore OFS shares.
Google Ventures leads $30 million seed for Nebex, founder Tejpaul Bhatia
Google Ventures led a $30 million seed funding round for Nebex, a space-focused fintech platform founded by former Axiom Space CEO Tejpaul Bhatia.
AlphaGrep Mutual Fund launches multi asset fund for Indian retail
AlphaGrep Mutual Fund launches its first retail offering, leveraging proprietary quantitative models for dynamic multi-asset allocation.
European stocks post strongest quarter since 2020 on AI optimism
European markets surge as the STOXX 600 index gains 9.7% this quarter, driven by AI optimism, strong tech performance, and easing Middle East tensions.
EXL CEO Rohit Kapoor says firms prefer small language models
Enterprises are shifting to small language models (SLMs) for proprietary data control and cost efficiency, says ExlService CEO Rohit Kapoor.
You can now pay via UPI in Greece
India's unified payments interface (UPI) has officially launched in Greece, expanding its global footprint.
Air India won't charge you for handling sports equipment anymore
In a major relief for athletes, Air India has announced the waiver of handling charges for sports equipment across all sectors.
NBCUniversal might start making video games
NBCUniversal is looking to expand into digital gaming and new entertainment franchises, following its planned separation from Comcast, Reuters has reported.
Tim Cook and Elon Musk call memory chip shortage unprecedented
Elon Musk supports Tim Cook's concerns over skyrocketing memory prices, attributing the surge to AI-driven demand and warning of insufficient production to meet global needs.
Reliance and Meta invest in build-to-suit AI campuses in India
India's data centre industry is evolving as hyperscalers and neoclouds demand custom-built campuses, driven by the rising need for AI-ready infrastructure.
ICICI Prudential launches balanced hybrid fund 40-60% equity and debt
ICICI Prudential Mutual Fund introduces the Balanced Hybrid Fund, an open-ended scheme investing 40–60% each in equity and debt. The NFO runs from June 30 to July 14.
Government extends GSTAT appeals deadline to July 31, 2026
The Indian government has extended the GST Appellate Tribunal appeal filing deadline to July 31, citing technical issues due to a surge in last-minute filings.
Aastha Spintex IPO fully subscribed by day 2, 1.16x overall
Aastha Spintex's ₹170-crore IPO saw a 1.16x subscription by day two, driven by strong demand from non-institutional investors, with shares priced between ₹125-136 per equity share.
France's inflation rate cooled to 2% in June, surprising experts
France's annual inflation eased to 2% in June, below market expectations of 2.3%, signaling moderating price pressures in the euro zone’s second-largest economy.
EY employee fired after allegedly viewing Anthony Albanese banking records
An EY graduate was terminated after allegedly accessing Australian Prime Minister Anthony Albanese’s personal bank account while on secondment at Commonwealth Bank.
Bitcoin dips to $59,500, Ether steady at $1,600, traders cautious
Bitcoin traded near $59,500 as cautious sentiment persisted, influenced by Strategy's $1.25 billion Bitcoin sale plans and anticipation of US Fed Chair Kevin Warsh's remarks.
Nikkei 225 posts biggest quarterly jump since 1965, up 37%
Japan's Nikkei 225 surged 37% in the April-June quarter, its sharpest gain since 1965, driven by a rebound in semiconductor and AI-related stocks despite mixed market breadth.
Delhi unveils EV Policy 2.0, ₹15,000cr to electrify new vehicles
Shares of Ola Electric and Ather Energy soared up to 11% after Delhi approved its Rs 15,000 crore EV Policy 2.0, aiming for 95% electric vehicle registrations by 2027.
Prism, OYO's parent, plans ₹6,650cr IPO and ₹1,330cr placement
Prism, OYO's parent company, generates 84% of its revenue from international markets, with plans to raise ₹6,650 crore through a fresh IPO issue.
Aurobindo Pharma completes $250 million purchase of Lannett Company in US.
Aurobindo Pharma has completed its $250-million acquisition of US-based Lannett Company, integrating its operations to enhance access to essential generic medications.
Air India to deploy Boeing 777-300ER, adds 1st-class on Delhi-Melbourne
Air India will deploy its upgraded Boeing 777-300ER aircraft on the Delhi-Melbourne route starting July 1, introducing First Class suites and enhanced premium cabin features.
Expenditure Finance Committee approves ₹1.25L/cr for ISM 2.0 semiconductor industry
The Expenditure Finance Committee has approved ₹1.25 lakh crore for India Semiconductor Mission 2.0, focusing on strengthening India's semiconductor value chain, sources said.
Fibe files IPO with SEBI for ₹750cr and 4cr OFS
Fibe, a fintech platform backed by TPG, Fidelity, and Norwest Capital, plans to raise Rs 750 crore via fresh shares and offer-for-sale of 4 crore equity shares.
Tata Communications invests in subsea cables between India and Singapore
Tata Communications is investing in subsea cable systems to enhance connectivity between India and Singapore, supporting growing AI hubs and the booming data center market.
OYO parent Prism has filed new papers for ₹6,650cr IPO
Prism, the parent company of hospitality giant OYO, has filed updated draft papers with the Securities and Exchange Board of India (SEBI) for a ₹6,650 crore initial public offering (IPO).
Why Amazon has been sued in Australia
The Australian Competition and Consumer Commission (ACCC) has sued Amazon Australia, claiming that the company's Prime subscription contracts had unfair terms.
India 10-year yield falls to 6.72% on June 30
Indian government bonds surged as the 10-year yield saw its steepest monthly drop since 2016, driven by falling oil prices and record foreign investment in FAR bonds.
Biocon completes takeover of Biocon Biologics, shares fall 0.69%
Biocon shares fell 0.69% to ₹412.40 on Tuesday after completing the acquisition of 1,15,36,956 Biocon Biologics shares, making BBL a wholly-owned subsidiary effective June 29.
EPFO launches CITES, services offline June 26 to July 1
The EPFO has introduced a centralised IT-enabled system to modernise services, ensuring seamless access, faster claim processing, and improved transparency for its subscribers.
NBCUniversal to split from Comcast, targets gaming growth
NBCUniversal is exploring opportunities in digital gaming and entertainment franchises following its planned spinoff from Comcast, sources familiar with the matter revealed.
Assessment Year 2026-27: ITR-3/4 to August 31, ITR-1/2 July 31
The ITR filing schedule for AY 2026-27 introduces extended deadlines, giving taxpayers filing ITR-3 and ITR-4 without tax audit an extra month and a longer revision window.
Micron revenue up more than 346% to $41.4B this quarter
Micron Technology stunned Wall Street with a 346% revenue growth, driven by skyrocketing demand for high-bandwidth memory powering advanced AI systems.
Vedanta Iron & Steel shares jump from ₹20 to ₹35.65
Vedanta Iron & Steel shares surged 10% on Tuesday, extending their 11-session winning streak and marking a 70% gain since its June 15, 2026, market debut.
Maersk raises 2024 profit forecast, predicts 4% container volume growth
Maersk has raised its profit forecast for 2024, citing stronger-than-expected global container demand and a projected 4% growth in container volumes driven by solid Asian markets.
Why Warren Buffett is pausing annual donation to Gates Foundation
Warren Buffett, the billionaire investor and Chairman of Berkshire Hathaway, has decided to halt his annual donation to the Gates Foundation, as per the Wall Street Journal.
Indian markets nervous as Sensex near 77,000 amid global tensions
Sensex dipped below 77,000 while Nifty hovered near 23,900 in a choppy session marked by monthly derivatives expiry and uncertainty over US-Iran talks impacting global sentiment.
Four PSBs pay ₹9,439 cr dividends to government for 2025-26
Punjab National Bank, Canara Bank, Bank of Baroda, and Indian Bank collectively paid ₹9,439 crore in dividends to the government for FY 2025-26.
Air India drops sports equipment handling fees on selected fares
Air India has announced the waiver of sports equipment handling charges on select fare categories for domestic and international routes, benefiting athletes significantly.
Indian markets rally as Sensex reclaims 77,000, Nifty tops 24,000
Indian stock markets saw a positive rebound on Tuesday, with Sensex climbing over 200 points to 77,005 and Nifty crossing 24,000, led by a 3% surge in Maruti Suzuki shares.
Gold plunges 26% on MCX to ₹142,413 per 10gm
Gold prices have dropped over 26% from their peak, marking the biggest monthly fall since 2008, as rising US interest rates and a stronger dollar weigh on bullion.
Oyo's US acquisitions push over half business, India under 12%
India now contributes less than 12% to Oyo's revenues, while the US has become its largest market, generating over half of the company's global gross booking value.
MSC to acquire 49% of Adani's Vizhinjam for $1.4B
Mediterranean Shipping Company (MSC) will invest ₹13,220 crore for a 49% stake in Adani Group's Vizhinjam International Seaport, marking a major foreign investment.
Reliance readies Jio under Project Jupiter for India's largest-ever IPO
Mukesh Ambani orchestrated Project Jupiter, a secretive initiative to navigate regulatory shifts, align investors, and prepare Jio for India’s largest IPO.
Chinese firms seek $5.6B in Hong Kong IPOs after launching filings this week
Five Chinese tech and manufacturing companies launched Hong Kong listings, aiming to raise nearly $6 billion, with Luxshare Precision Industry leading the pack at $3.15 billion.
Indian stock markets likely to open flat to positive today
Indian markets are expected to open flat-to-positive on Tuesday, with cautious sentiment prevailing amid geopolitical tensions and domestic concerns over delayed monsoon impacts.
HDFC Bank pauses CEO reappointment to prioritize chairman search
HDFC Bank is expected to formalize its CEO reappointment process soon, but sources indicate the bank prioritized appointing a new chairman before making the decision.
Oil, gold fall as US dollar strengthens, Middle East calms
Crude oil and gold prices declined as easing Middle East tensions reduced risk premiums, while a stronger U.S. dollar weighed on dollar-denominated commodities.
Prism refiles 6,650cr IPO with only fresh shares offered
Prism, OYO's parent company, has filed updated draft papers with SEBI for a ₹6,650 crore IPO comprising entirely fresh shares, with no stake dilution by existing investors.
Gold drops over 1% as markets eye US jobs data
Gold prices dropped over 1% Tuesday, marking a fourth consecutive monthly decline as expectations of U.S. interest rate hikes and a stronger dollar pressured the precious metal.
Warren Buffett pauses donation to Gates Foundation pending Epstein review
Warren Buffett has postponed his mid-year donation to the Gates Foundation, awaiting the results of a review into the foundation's ties with Jeffrey Epstein, according to reports.
Honeywell Aerospace debuts on Nasdaq, closes down 0.4% at $220.19
Honeywell Aerospace shares fell 0.4% on Monday after opening higher, marking its Nasdaq debut following a spinoff amid strong investor interest in aerospace and defense sectors.
Taiwan raids Supermicro in suspected NVIDIA AI chip smuggling probe
Taiwanese authorities reportedly raided Supermicro's office and affiliates, signaling potential alignment with U.S. efforts to curb China's access to high-end AI chips.
Asian markets mixed as investors await U.S.-Iran peace talks
Asian markets traded mixed on Tuesday as investors monitored US-Iran peace talks. Japan's Nikkei 225 remained flat, while South Korea's Kospi reversed early gains to trade lower.
Oil prices slide as US Iran Doha talks remain uncertain
Oil prices dropped as investors monitored potential U.S.-Iran talks in Doha, while recent missile exchanges tested a fragile ceasefire in the Strait of Hormuz.
Morgan Stanley and Goldman Sachs cut oil forecasts citing oversupply
Morgan Stanley has slashed its oil price forecasts again as faster-than-expected recovery in Hormuz flows and weak Chinese demand heighten surplus risks.
India's crude import price falls to $68.86 per barrel
India's crude oil import cost fell to $68.86 per barrel, marking the first drop below $70 since the Iran war began, but fuel price cuts remain unlikely.
Tencent buys back $1.1B in June amid investor AI doubts
Tencent has intensified its share repurchases, spending over HK$9 billion in June, as its market value plunges by $309 billion since October amid AI monetisation concerns.
Indian brokers to enable buying global stocks through GIFT City
Major Indian brokerages like Groww and Zerodha are leveraging GIFT City to offer seamless access to global stocks, starting with fractional investments as low as $1.
SBI raises $300 million via London bonds following RBI swap facility
State Bank of India has raised $300 million through three-year senior unsecured floating-rate bonds, leveraging the Reserve Bank of India's concessional forex swap facility.
NRIs nearly double Indian demat accounts while investments barely grow
Despite rising account openings, NRI investments in Indian equities have slowed, with stringent KYC regulations and global uncertainties cited as key hurdles by industry insiders.
Indian startups must comply with DPDP Act no exemptions
Startups face mounting challenges understanding India's DPDP Act, with no exemptions for small businesses and less than a year to comply.
Pi Ventures closing $30 million fund amid questions, starts 3rd talks
Pi Ventures, India's pioneering deeptech VC firm, is preparing exits from its $30M Fund-I while initiating early discussions to raise its third fund amidst governance scrutiny.
Indian microfinance firms use in-house AI to secure borrower data
India's microfinance sector leverages AI for efficiency in customer calls and cybersecurity but retains human judgment for credit decisions.
Dow closes above 52,000 for 1st time, markets rebound
The Dow Jones closed above 52,000 for the first time, driven by Alphabet Inc.'s strong debut on the index with a 4% gain.
Sergio Gor says 1 percent remains in U.S.-India trade talks
The US-India trade deal is nearing completion, with only the last 1 per cent of negotiations remaining, according to US Ambassador to India Sergio Gor.
Amazon and Anthropic clash over Claude AI pay per use
Anthropic has responded sharply to Amazon's criticisms, intensifying tensions after the e-commerce giant flagged concerns about its Fable 5 model's cybersecurity capabilities.
Waymo and Uber end Phoenix robotaxi partnership, Waymo app-only cars
Waymo robotaxis are no longer available on Uber’s app in Phoenix, marking the quiet conclusion of their nearly three-year collaboration in the city.
HDFC Bank names Puneet Sharma CFO, Jigar Shah general counsel
HDFC Bank has appointed Puneet Sharma as CFO-Designate, effective September 1, 2026, and Jigar Shah as General Counsel-Designate, effective August 20, 2026.
EU, China start 3-month talks to address €360bn trade deficit
The EU and China have launched three months of formal trade consultations to address a €360bn annual trade imbalance, aiming for tangible outcomes by October.
Health alert over eggs in Private Selection Honey Dijon chicken
The USDA issued a public health alert for Private Selection Honey Dijon Chicken Breasts sold in nine states due to misbranding and an undeclared egg allergen.
California partners with Anthropic to give state employees AI access
Governor Gavin Newsom secured a deal with Anthropic, enabling California government agencies to use Claude AI at reduced costs for improved efficiency.
Diesel, petrol can be sold to commercial buyers from July
India will lift the restrictions on petrol and diesel sales for commercial buyers from July 1.
Why Versace, Jimmy Choo are hiring secret investigators in India
As India's luxury market continues to grow, global brands like Versace, Michael Kors, and Jimmy Choo are taking extra measures to protect their intellectual property.
India's industrial production grows by 5.1% in May
India's industrial production grew by a healthy 5.1% in May, according to the latest data from the Ministry of Statistics and Programme Implementation (MoSPI).
Comcast is splitting into 2 companies
In a major restructuring move, Comcast has announced plans to split into two publicly traded companies.
South Korea bets $576B on chips, AI to boost economy
South Korea has announced a massive industrial strategy focused on semiconductors and artificial intelligence (AI).
Apple accuses CCI of 'copy-pasting' rivals' claims in antitrust case
Apple has accused India's antitrust investigators of "copy-pasting" claims from its competitors and not conducting a thorough investigation, regulatory papers reviewed by Reuters reveal.
India, Seychelles sign major deal to boost bilateral ties
India and Seychelles have signed a major agreement to strengthen their bilateral ties.
Shares of Persistent Systems crash 10% today: What's the reason?
Persistent Systems' shares plummeted by 10% to ₹4,353.35 today, following the company's announcement of its planned acquisition of German digital engineering firm Nagarro SE.
Residential sales in India hit 3-year low: What's the reason?
India's residential real estate market has witnessed a major slump in the April-June quarter, with sales hitting their lowest level since January 2023.
Verizon and BT Group are merging their international businesses
British telecom giant BT Group and US mobile company Verizon have announced a merger of their international businesses.
Why $6.9T could be wiped out from world's GDP
The World Economic Forum (WEF) has warned that a full East-West economic decoupling could cost the global economy as much as $6.9 trillion in GDP.
EPFO portal upgrade enters final day, services to resume tomorrow
The Employees' Provident Fund Organisation (EPFO) has temporarily halted some online services related to Employees' Provident Fund (EPF) claims.
India urges EU to reconsider metal scrap export restrictions
India has requested the European Union to reconsider its proposed restrictions on metal scrap exports.
Hexaware shares up by 9% today: Here we decode why
Shares of Hexaware Technologies Ltd skyrocketed by up to 9% today to ₹539 apiece, after the company announced its partnership with Amazon.
Dunzo co-founder's new AI start-up automates your household tasks
Kabeer Biswas, the co-founder of Dunzo, has launched a new artificial intelligence (AI) start-up called M. The company aims to automate household tasks, starting with the kitchen.
Zerodha will soon offer investment banking services in India
Zerodha, India's leading discount broking platform, is gearing up to foray into the investment banking sector. The move marks a major expansion of its financial services portfolio.
Gold, silver prices seeing a decline today: What's the reason?
Gold and silver prices witnessed a decline on the Multi Commodity Exchange (MCX) today.
NPCI plans to integrate AI into UPI
The National Payments Corporation of India (NPCI) is considering the integration of artificial intelligence (AI) into its Unified Payments Interface (UPI).
Samsung, SK Hynix, Micron sued over alleged price-fixing of RAM
Samsung, SK Hynix, and Micron, the world's top three memory suppliers, have been sued for alleged price-fixing of RAM.
After CBSE tender row, student posts 1.6cr government contracts online
Class 12 student Sarthak Siddant has launched a public portal with around 1.66 crore procurement records from the Central Public Procurement (CPP) Portal of India.
HDFC Bank likely to name new chairman within 7-10 days
HDFC Bank is expected to finalize a new chairman within the next seven to 10 days, according to CNBC-TV18.
NoBroker now offers you home salon services in Bengaluru
Prop-tech platform NoBroker Technologies Solutions Pvt. Ltd has entered the home salon services market with its new offering, Zivora.
Could AI downturn lead to faster financial market crash?
The Bank for International Settlements (BIS), often referred to as the "bank of central banks," has warned that an artificial intelligence (AI) downturn could lead to a sharper and faster crash than traditional banking crises.
Did ex-HDFC Bank chairman not cooperate with external legal review?
Atanu Chakraborty, the former chairman of HDFC Bank, has denied the bank's claim that he did not cooperate with an external legal review after his resignation.
This infrastructure investment trust wants to raise ₹5,000cr via IPO
Cube Highways Trust, a leading infrastructure investment trust in India, has begun roadshows for its initial public offering (IPO).
These 11 IPOs will hit Indian market next week
The Indian stock market is gearing up for another busy week with 11 new initial public offerings (IPOs) set to hit the primary market.
Manufacturing medical devices in India is about to become easier
The Union Health Ministry has proposed changes to the Medical Devices Rules, 2017, with an aim to fast-track the process of granting manufacturing licenses for medical devices.
This unicorn is planning a $300M IPO at $2B valuation
Proptech unicorn Square Yards has begun preparations for an initial public offering (IPO) to raise between $200 million and $300 million.
Market cap of India's 6 top firms rises by ₹88,678cr
The Indian stock market witnessed a modest rise last week, with six of the top 10 companies gaining ₹88,678.1 crore in market capitalization.
Jewar to become North India's Silicon Valley: Ashwini Vaishnaw
The Indian government has taken a major step toward establishing Jewar as a key player in the global electronics and semiconductor manufacturing arena.
Amazon hikes price of key AI cloud service by 20%
Amazon has raised the prices of one of its key artificial intelligence (AI) cloud services by a whopping 20%.
India's crude oil import dependence crosses 90%, raising economic risks
India's dependence on imported crude oil has crossed the 90% mark, a trend that could make the economy more vulnerable to external shocks, according to a recent report by EY.
Bank holiday next week: Check when they will remain closed
Public and private sector banks in India will observe a single holiday next week, between June 29 and July 5.
Release unredacted Epstein documents or explain why: US judge
A US federal judge has ordered the Justice Department to either release unredacted versions of key documents related to convicted sex offender Jeffrey Epstein or explain why they can't be disclosed.
New rules introduced for taxpayers shifting business locations
The Central Board of Indirect Taxes and Customs (CBIC) has announced a new procedure for taxpayers shifting their principal place of business.
India needs 2,000GW of new power capacity in near future
India will need to add nearly 2,000 gigawatts (GW) of new power generation capacity in the next two decades to meet the rising energy demand and reduce dependence on imported fuels, said Sagar Adani, Executive Director of Adani Green Energy.
IRDAI plans new insurance distribution reforms to protect policyholders
The Insurance Regulatory and Development Authority of India (IRDAI) is gearing up to unveil a discussion paper on insurance distribution reforms.
Upcoming changes for taxpayers, bank customers, Aadhaar and passport holders
Several key financial changes will come into effect from July 1, 2026.
GameStop won't give up on buying eBay
GameStop has said it will continue with its proposed takeover of eBay, despite the latter's rejection of an unsolicited cash-and-stock offer worth some $56 billion.
Why Bengaluru land prices rival NYC? Sridhar Vembu explains
Sridhar Vembu, the Founder and Chief Scientist of Zoho Corporation, has blamed rampant corruption for the skyrocketing land prices in Indian cities like Chennai and Bengaluru.
This AI firm's lowest-paid H-1B worker earns over ₹1cr
Anthropic, an artificial intelligence (AI) company, has revealed its pay scale through US visa filings.
Why Trump has threatened 100% tariff on European countries
US President Donald Trump has threatened to impose a 100% import tariff on any European country that imposes a tax on digital services provided by American companies.
Kotak Mahindra Bank's CEO Ashok Vaswani is stepping down
Ashok Vaswani, the Managing Director and Chief Executive Officer (CEO) of Kotak Mahindra Bank, has announced his decision not to seek re-appointment after his current term ends on December 31.
You can now ride a 'Bharat Taxi' in Gujarat
Union Home Minister Amit Shah has launched 'Bharat Taxi,' India's first driver-owned ride-hailing platform.