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Business News

No jargons, no mumbo-jumbo. Read the unadulterated Business news here.

14 Jul 2025
TL;DR

Ola Electric delays cell PLI timeline for profitability

Ola Electric Mobility Ltd has postponed its production-linked incentive (PLI) scheme timeline, prioritizing profitability over aggressive market penetration.

14 Jul 2025
Russia

Russia plans to import 1M Indian workers this year

Russia is planning to import up to one million workers from India by the end of this year.

14 Jul 2025
Mutual Funds

Groww Mutual Fund announces power sector-focused ETFs: Should you invest?

Groww Mutual Fund has announced two new passive investment schemes, the BSE Power ETF and the BSE Power ETF Fund of Fund (FoF).

14 Jul 2025
Goldman Sachs

This Goldman Sachs coder does not sleep or get paid

Goldman Sachs is integrating an artificial intelligence (AI) coder, Devin, developed by London-based start-up Cognition.

14 Jul 2025
TL;DR

NITI Aayog advocates for service-centric US trade deal

NITI Aayog recommends India to pursue a service-oriented trade agreement with the US, emphasizing sectors like IT, financial services, professional services, and education.

14 Jul 2025
TL;DR

PropShare Titania IPO launches on July 21

PropShare Titania, a scheme by Property Share Investment Trust, is set to launch its Rs 473 crore initial share sale on Dalal Street on July 21.

14 Jul 2025
TL;DR

InGovern urges SEBI to act against Viceroy Research

InGovern has voiced concerns over unregulated foreign research firms like Viceroy Research impacting Indian markets without local regulatory scrutiny.

14 Jul 2025
Elon Musk

Musk asks xAI staff to install software for activity tracking

Elon Musk has sparked controversy by asking employees at his artificial intelligence (AI) startup, xAI, to install productivity-tracking software on their personal computers.

14 Jul 2025
Donald Trump

Trump's tariff threat sinks European stocks, auto sector hit hardest

European shares fell sharply on Monday, with the automobile sector taking a major hit.

14 Jul 2025
TL;DR

HCLTech's Q1 deal wins drop by 39.5% QoQ

HCLTech's total contract value (TCV) fell by 39.5% quarter-on-quarter, with new deal wins amounting to $1.8 billion in Q1FY26.

14 Jul 2025
Uttar Pradesh

SAEL, leading renewable energy firm, to invest ₹8,200cr in UP

SAEL Industries, a leading Indian renewable energy firm, has announced an investment of ₹8,200 crore to set up a state-of-the-art solar cell and module manufacturing plant in Uttar Pradesh.

14 Jul 2025
TL;DR

Sun Pharma resolves dispute with Incyte Corp

Sun Pharmaceutical Industries has settled a litigation with Incyte Corporation over Leqselvi, a severe hair loss drug, in the US.

14 Jul 2025
TL;DR

HDFC Bank CEO's annual salary increases by 12%

HDFC Bank's CEO, Sashidhar Jagdishan, saw a nearly 12% increase in his annual pay package, reaching Rs 12.08 crore in FY25.

14 Jul 2025
TL;DR

Musk's surveillance raises concerns at xAI

Elon Musk's AI startup, xAI, is mandating employees to install productivity-tracking software on their personal devices, sparking discontent among the workforce.

14 Jul 2025
TL;DR

Mining stocks suffer as market declines

Mining shares experienced a downturn in Monday's session, reflecting the overall market fall with the BSE Sensex closing down 247.01 points.

14 Jul 2025
TL;DR

Nifty Bank index sees slight advance

The Nifty Bank index ended Monday on a positive note, advancing by 0.02% with Canara Bank and Federal Bank Ltd. leading the gains.

14 Jul 2025
Inflation

India's retail inflation falls to 6-year-low of 2.1% in June

India's retail inflation, as measured by Consumer Price Index (CPI), has hit a six-year-low of 2.1% in June, a sharp decline from May's rate of 2.82%.

14 Jul 2025
Donald Trump

Singapore avoids recession as economy grows 4.3% in Q2

Singapore's economy has shown stronger-than-expected growth in the second quarter of this year, expanding by 4.3% year-on-year.

14 Jul 2025
TL;DR

Nifty Realty index sees 1.39% increase

The Nifty Realty index advanced by 1.39%, closing at 976.25, with Sobha Ltd., Godrej Properties Ltd., and Brigade Enterprises Ltd. among the top gainers.

14 Jul 2025
Ashwini Vaishnaw

8th Pay Commission: How will it impact your salary?

The Indian government is expected to form the 8th Pay Commission by January 2026, which aims to revise allowances, pensions, and salaries for current and retired central government employees.

14 Jul 2025
Elon Musk

Elon Musk rules out merger between Tesla and xAI

Elon Musk has denied the possibility of a merger between his electric vehicle company, Tesla, and his artificial intelligence start-up, xAI.

14 Jul 2025
TL;DR

Rupee dips 22 paise against US Dollar

The Indian rupee depreciated by 22 paise, settling at 86.02 against the US dollar due to rising global crude oil prices and a strengthening greenback.

14 Jul 2025
TL;DR

Indian firm SAEL invests heavily in solar manufacturing

SAEL Industries Ltd, an Indian renewable energy company, plans to invest $954.04 million in a 5-gigawatt integrated solar cell and module manufacturing facility in Uttar Pradesh.

14 Jul 2025
TL;DR

Stock market report: Nifty IT index drops 1.11%

The Nifty IT index experienced a decline, closing 1.11% lower, with Tech Mahindra Ltd., Wipro Ltd., and Infosys Ltd. among the top losers of the day.

14 Jul 2025
TL;DR

Intel's layoffs continue: 4000 jobs expected to be cut by July

Intel is set to escalate its layoffs, with a projected total of approximately 4000 job cuts by July, as part of a cost-cutting initiative led by new CEO Lip-Bu Tan.

14 Jul 2025
TL;DR

HUL schedules board meeting for Q1 2025 results

Hindustan Unilever Ltd (HUL), a leading FMCG company, has planned its board meeting on July 31, 2025, to reveal the financial results for Q1FY26.

14 Jul 2025
TL;DR

Indian investors increasingly opt for silver over gold

Indian investors are increasingly favoring silver over gold, as domestic silver prices have seen a 21% rise in the past three months, outpacing gold's 5% increase.

14 Jul 2025
China

China's rare‑earth exports hit 16‑year high in June

China's exports of rare-earth metals in June reached their highest level since 2009, official data shows.

Why some shops are refusing UPI payments in Karnataka

The Karnataka Commercial Tax Department's recent move to issue demand notices to traders over Goods and Services Tax (GST) evasion has created a stir.

14 Jul 2025
Income Tax Return

These deductions can help lower your taxable income: Check list

The Indian Income Tax Act, 1961, offers a variety of deductions to help taxpayers reduce their taxable income.

14 Jul 2025
Mutual Funds

This mutual fund has tripled investors' wealth in 2 decades

The Baroda BNP Paribas Liquid Fund, which is managed by Vikram Pamnani and Gurvinder Singh Wasan, has almost tripled investor wealth since its launch.

14 Jul 2025
Stock Market

Sensex down 1,600 points in 4-days: Here we decode why

The Indian stock market has witnessed a major downturn over the last four trading sessions. The benchmark index, Sensex, has plummeted by over 1,600 points or nearly 2%.

14 Jul 2025
Apple

Apple's top management overhaul: Will CEO Tim Cook retire soon?

Apple is witnessing a major leadership overhaul with the retirement of key executives and the exit of others.

14 Jul 2025
TL;DR

Flipkart targets Gen Z and smaller cities with video commerce

Flipkart aims to engage Gen Z and penetrate smaller cities in India through video commerce, a medium popular among younger shoppers.

14 Jul 2025
TL;DR

NVIDIA's new lucrative market: Governments

Nvidia, the first company to reach a $4trn market value, is promoting "sovereign AI" systems to governments worldwide, potentially generating billions in revenue.

14 Jul 2025
TL;DR

Bluegod Entertainment schedules meeting for stock split

Bluegod Entertainment, a small-cap stock under ₹20, has scheduled a board meeting on July 16 to discuss and approve a proposed stock split.

14 Jul 2025
TL;DR

Castrol India shares soar following positive tax dispute ruling

Castrol India's shares surged by 6% after a favourable CESTAT ruling dismissed a ₹4,131 crore tax dispute with the Maharashtra Sales Tax Department.

14 Jul 2025
TL;DR

Jane Street complies with India's regulatory order

Jane Street Group LLC has deposited $564 million in an escrow account amid an ongoing market manipulation probe by India's securities regulator.

PC Jeweller's shares dip 3.5%, market cap slips to ₹10,970cr

PC Jeweller's shares have witnessed a decline of 3.5%, now priced at ₹16.76 per share.

14 Jul 2025
TL;DR

Bitcoin breaks $120,000: Record rally fueled by US 'Crypto week'

Bitcoin reached a historic high of $120,000 on July 14, 2025, driven by institutional investments and positive regulatory developments during the US 'Crypto Week'.

New UPI rule speeds up your refunds starting tomorrow

From July 15, the National Payments Corporation of India(NPCI) will implement new chargeback rules for Unified Payments Interface (UPI) transactions.

14 Jul 2025
Swiggy

Swiggy grants stock options worth ₹150cr to employees

Swiggy, the popular food and grocery delivery platform, has announced a fresh round of employee stock option (ESOP) grants.

14 Jul 2025
Ola Electric

Ola Electric shares surge 17% despite ₹428cr Q1 loss—Here's why

Ola Electric Mobility's shares surged by 17% to ₹46.67 today, after the company announced that its auto segment achieved EBITDA positivity in June 2025.

14 Jul 2025
TL;DR

China's exports surpass predictions post US trade truce

China's exports in June exceeded market forecasts, growing 5.8% year-on-year, following eased trade tensions with the U.S.

14 Jul 2025
Inflation

Wholesale inflation touches 15-month low of 0.13% in June

India's wholesale inflation rate has eased to a 15-month low of 0.13% in June, data released by the Indian government today has showed.

14 Jul 2025
India

Gold prices climb to 3-week high: Check today's rates

Gold prices rose to a three-week high today, as renewed trade tensions are fueling safe-haven buying.

14 Jul 2025
Anil Ambani

Reliance Infra shares see 4% jump today: What's fueling rally?

Anil Ambani-owned Reliance Infrastructure's shares witnessed a significant spike today after India Ratings and Research upgraded its credit rating by three notches.

Indian IT stocks down by 2% today: What's the reason?

Shares of major Indian IT companies fell today, following Tata Consultancy Services' (TCS) disappointing revenue report and cautious outlook.

14 Jul 2025
Bitcoin

Bitcoin hits all-time high of $121,000: Here we decode why

Bitcoin has hit an all-time high, crossing the $121,000 mark for the first time ever.

14 Jul 2025
TL;DR

TCS Q1FY26 sees 1.44% share drop, 1.6% revenue decline

Tata Consultancy Services (TCS) shares fell by 1.44% as Q1FY26 revenue declined by 1.6%, missing projected estimates despite a profit beat.

14 Jul 2025
TL;DR

Smartworks IPO closes with 1.9 times oversubscription

Smartworks Coworking Spaces Limited's IPO was oversubscribed by 1.9 times on its final day, attracting bids for 1.97 crore shares against the 1.04 crore shares offered.

14 Jul 2025
TL;DR

Anthem Biosciences IPO sees muted interest on debut

Anthem Biosciences Limited's ₹3,395 crore initial public offering (IPO) witnessed a subdued response on its first day, with only 0.19 times subscription by midday Monday.

14 Jul 2025
TL;DR

Ola Electric's unexpected stock surge amid revenue decline

Despite reporting a 50% revenue slump, Ola Electric Mobility's shares soared by 17%, driven by improved profitability in its auto segment and cost-saving initiatives.

14 Jul 2025
TL;DR

Tariff tensions and weak earnings pull markets down

Global tariff concerns and a weak earnings outlook led to a third consecutive session of losses for Nifty and Sensex, with the latter dropping by 400 points.

14 Jul 2025
TL;DR

Petronet LNG experiences 2.08% stock increase

Petronet LNG shares saw a 2.08% rise in Monday's trading session, closing at Rs 306.10. This positive movement indicates an uptick from the company's previous close.

14 Jul 2025
TL;DR

HUDCO announces ₹3,000 crore NCD issue

Housing and Urban Development Corporation Limited (HUDCO) plans to issue ₹3,000 crore Non-Convertible Debentures (NCDs) via private placement on July 17, 2025.

14 Jul 2025
TL;DR

H.G. Infra Engineering plans ₹400 crore debenture issuance

H.G. Infra Engineering Limited's Board has approved a ₹400 crore fundraise through the issuance of Non-Convertible Debentures (NCDs).

14 Jul 2025
TL;DR

I-T department launches raids in bogus tax deductions case

The Income-Tax Department initiated multi-city raids investigating entities assisting individuals in claiming false tax deductions, as part of a tax evasion probe.

14 Jul 2025
TL;DR

HDFC Bank announces AGM and board meeting dates

HDFC Bank has scheduled its Annual General Meeting (AGM) for August 8, 2025, and will declare its Q1 FY25-26 results on July 19, as per a recent exchange filing.

14 Jul 2025
TL;DR

China's rare-earth exports reach decade high

China's rare-earth metal exports surged to their highest level since 2009 in June, amidst a deepening trade standoff with the US.

14 Jul 2025
TL;DR

Swiggy announces ₹150 crore Esops under 2024 plan

Swiggy, the food and grocery delivery platform, has issued fresh employee stock options (Esops) valued at Rs 150 crore under its Esop 2024 plan.

14 Jul 2025
TL;DR

India's wholesale inflation hits 15-Month low

India's wholesale inflation rate dropped to a 15-month low of 0.13% in June, while retail inflation also recorded a six-year low in May 2025.

14 Jul 2025
TL;DR

Wipro's share price drops by over 2%

Wipro shares fell over 2% in Monday's trading session, reflecting a shift in investor sentiment. This decline comes amidst a broader downturn in IT shares.

14 Jul 2025
TL;DR

Travel Food Services shares dip post-market debut

Travel Food Services Limited's shares fell below their issue price, trading at ₹1,080.20, following a lackluster debut on the stock market.

14 Jul 2025
TL;DR

Sensex plummets 400 points: Reasons behind today's market fall

The Indian stock market experienced a significant drop today, with the Sensex falling over 400 points and the Nifty losing 100 points, largely due to a decline in IT stocks.

14 Jul 2025
Beijing

NVIDIA CEO heads to China as US lawmakers issue warnings

NVIDIA CEO Jensen Huang will host a media briefing in Beijing on July 16, the company has confirmed.

14 Jul 2025
TL;DR

Gold prices rise for 4th consecutive day

Gold prices have increased for the fourth day in a row, with rates varying across major Indian cities. The surge is attributed to recent US tariff announcements.

TCS sees dip in $100M clients—but order book hits $9.4B

Tata Consultancy Services (TCS) has witnessed a drop in its number of clients contributing over $100 million to its revenue. The count fell to 62 in Q1 FY26, the lowest in five quarters.

14 Jul 2025
TL;DR

China records high exports and surplus amid trade turmoil

Despite a tumultuous trade environment, China has emerged with record exports and a trade surplus of $586 billion in H1 2021.

14 Jul 2025
TL;DR

PC Jeweller's shares experience 4% drop

PC Jeweller's shares fell by 3.5%, reducing the company's market capitalisation to under Rs 11,000 crore. Despite this, the stock has rallied by 35% in the past month.

14 Jul 2025
TL;DR

Stock market update: Nifty Auto index declines

The Nifty Auto index experienced a 0.09% drop in a weak market on Monday, with Eicher Motors Ltd., Bharat Forge Ltd., and Maruti Suzuki India Ltd. among the top losers.

14 Jul 2025
TL;DR

Explained: Ola Electric's 5% share gain

Ola Electric shares rose by over 5% today, buoyed by improved gross margins and a narrowed quarterly loss, despite an initial weak start.

14 Jul 2025
TL;DR

Ola Electric shares soar amidst high trading volume

Ola Electric Mobility's shares surged by 9.5% during Monday's intraday trading, marking a significant increase in trading volume.

14 Jul 2025
TL;DR

HCL Tech's stock drops amid market volatility

HCL Tech's shares fell by 1.45% in Monday's trading session, making it one of the top losers on Nifty 50 amidst fluctuating market conditions.

14 Jul 2025
TL;DR

Kalyan Jewellers announces earnings call for Q1 FY26

Kalyan Jewellers India Limited will conduct an earnings conference call on August 7, 2025, to discuss Q1 FY26 financial and operational performance.

14 Jul 2025
TL;DR

New UPI chargeback rules to simplify payment disputes

Starting July 15, the National Payments Corporation of India (NPCI) will implement revised chargeback rules for Unified Payments Interface (UPI) transactions.

14 Jul 2025
Ola Electric

Ola Electric's Q1 loss widens to ₹428cr, revenue plummets 50%

Ola Electric Mobility has announced its financial results for the first quarter of FY26.

14 Jul 2025
TL;DR

FMCG stocks suffer as market declines

FMCG stocks were trading lower on Monday, reflecting a broader market downturn as the NSE Nifty50 and BSE Sensex indices also fell.

14 Jul 2025
India

Silver prices hit record high in India amid soaring demand

Silver prices in India have hit an all-time high, reaching ₹115 per gram and ₹1.15 lakh per kilogram.

14 Jul 2025
Bhavish Aggarwal

Ola Electric seeks ₹1,200 crore in funding amid market challenges

Ola Electric is in talks to raise ₹1,000-1,200 crore ($120-140 million) through private credit, as per a Moneycontrol report.

14 Jul 2025
TL;DR

Smallcase surpasses ₹100 cr revenue in FY25

Smallcase, a wealthtech platform, reported over 50% YoY growth, reaching Rs 106 crore revenue in FY25. The company also reduced its EBITDA losses to Rs 9 crore.

14 Jul 2025
TL;DR

Fertilizers stocks rise amidst market decline

Fertiliser stocks experienced a surge on Monday, even as the broader market witnessed a downturn. The NSE Nifty50 and BSE Sensex indices both reported losses.

14 Jul 2025
TL;DR

Reliance Infrastructure shares surge post credit rating upgrade

Reliance Infrastructure's shares rose by 3.7% following a three-notch credit rating upgrade from India Ratings and Research, significantly reducing its debt to near-zero.

14 Jul 2025
TL;DR

Larsen & Toubro shares dip in early trading

Larsen & Toubro's shares experienced a 0.84% drop in early Monday trading, with the stock priced at Rs 3,511.00 on the NSE.

14 Jul 2025
TL;DR

Bosch shares surge 2.11% in early trading

Bosch shares saw a significant 2.11% increase in Monday's morning trade, reflecting a positive investor sentiment towards the company's consistent growth.

14 Jul 2025
TL;DR

Ola Electric reports Q1 loss of ₹428 crore

Ola Electric Mobility Limited reported a consolidated net loss of ₹428 crore for Q1 FY26, with revenues standing at ₹828 crore.

14 Jul 2025
TL;DR

Sensex drops, select stocks surge over 10% on BSE

Despite a fall in the BSE Sensex and NSE Nifty, several stocks including Suvidhaa Infoserve and Amal Ltd rallied over 10% on Monday.

14 Jul 2025
TL;DR

Stock market update: Nifty Pharma index rises amid weak market

Despite a generally weak market, the Nifty Pharma index advanced by 0.35% on Monday, with Laurus Labs Ltd. and Mankind Pharma Ltd. leading the gains.

14 Jul 2025
ChatGPT

Tesla may invest in Musk's AI start-up if shareholders agree

Tesla CEO Elon Musk has announced that the company's shareholders will be polled on a potential investment in xAI, his artificial intelligence company.

14 Jul 2025
TL;DR

Stock market update: NSE stocks reach 52-Week highs

Shares of Soma Textiles, Sambhv Steel Tubes, Reliance Naval & Engg, Sumeet Ind and Suven Life Sci reached their fresh 52-week highs on the NSE.

14 Jul 2025
TL;DR

Silver prices reach historic high in India

Silver prices in India have hit an all-time high, reaching ₹1.15 lakh per kilogram due to strong industrial demand and tight supply.

14 Jul 2025
TL;DR

Power stocks rise amidst falling market

Power stocks experienced a surge on Monday, even as the overall market showed a downward trend. The NSE Nifty50 and BSE Sensex indices both recorded losses.

14 Jul 2025
TL;DR

Indian pension funds seek easier bond investment rules

Indian pension managers have reportedly requested the industry regulator to ease restrictions on corporate bond purchases, aiming for greater flexibility and maximized returns.

Anthem Biosciences IPO opens with 18% GMP: Should you subscribe?

Anthem Biosciences, a Bengaluru-based company, has launched its initial public offering (IPO) on July 14. The issue will close on July 16.

14 Jul 2025
TL;DR

Vishal Mega Mart shares reach record high

Vishal Mega Mart's shares surged 2.90%, hitting an all-time high of Rs 138.40 in early trade on the NSE. This follows consistent financial growth over recent years for the company.

14 Jul 2025
TL;DR

Tata Consultancy Services experiences early trade dip

Tata Consultancy Services' shares saw a slight decline in early trading, amidst prevailing bearish market sentiment.

14 Jul 2025
TL;DR

Infosys shares experience early trade dip

Infosys shares fell by 1.66% in early trading, reflecting a negative performance on the NSE. The decline is attributed to selling pressure experienced at 9:20 am.

Jane Street returns to Indian markets after ₹4,843cr deposit

Jane Street, a US-based trading platform, has been given the green light to resume trading on Indian stock exchanges.

14 Jul 2025
TL;DR

Infosys records significant 3-month returns

Infosys has demonstrated robust growth with a notable 13.16% return over the past three months, despite a recent negative trend in its stock performance.

14 Jul 2025
TL;DR

AI fuels sharp drop in UK white-collar jobs

A McKinsey analysis reveals a 38% decline in job vacancies, particularly in tech and finance sectors, due to the increasing influence of artificial intelligence.

14 Jul 2025
TL;DR

Ola Electric seeks ₹1,200 crore in private credit

Ola Electric is reportedly seeking to secure Rs 1,000-1,200 crore ($120-140 million) in private credit to refinance an existing bank loan.

14 Jul 2025
TL;DR

Weak opening expected for Nifty, Sensex

Equity markets, including Nifty and Sensex, are anticipated to open weak due to disappointing Q1 results from IT majors and ongoing US-India trade negotiations.

14 Jul 2025
TL;DR

RBI enables gold pledges for rural loans

The Reserve Bank of India (RBI) now permits banks to accept gold or silver as collateral for agricultural and MSME loans, aiming to enhance financial inclusion in rural areas.

14 Jul 2025
TL;DR

Ola Electric's Q1FY26 earnings announcement expected today

Ola Electric is set to reveal its Q1FY26 results today, with predictions indicating a weak quarter and increased losses due to lower sales volumes.

14 Jul 2025
TL;DR

Silicon Valley's race for the 1st $1trn unicorn

Silicon Valley venture capitalists are betting big on AI startups, aiming to create the first unlisted firm worth $1 trillion amidst soaring tech valuations.

14 Jul 2025
TL;DR

Jane Street complies with SEBI order, resumes trading

Jane Street Group has deposited Rs 4,843.5 crore in an escrow account as per SEBI's directive, enabling it to resume trading in Indian equity markets.

14 Jul 2025
TL;DR

Gold prices reach 3-week high amid trade war

Gold prices hit a three-week peak on Monday, driven by safe-haven demand as President Trump threatens to impose a 30% tariff on EU and Mexico imports.

14 Jul 2025
TL;DR

TCS reports decrease in $100 million revenue clients

TCS has experienced a drop in the number of clients contributing over $100 million, while seeing a rise in smaller-sized Generative AI deals.

14 Jul 2025
TL;DR

US tariffs on copper threaten Indian electronics industry

President Trump's 50% tariff on copper imports may disrupt India's electronics and semiconductor industries, potentially hindering domestic chip production efforts.

14 Jul 2025
TL;DR

F&O trade volumes plunge following Jane Street ban

India's futures and options volumes fell nearly 20% following SEBI's ban on Jane Street for alleged market manipulation.

14 Jul 2025
TL;DR

Siemens, SAP urge EU to revamp AI laws

Siemens and SAP CEOs have called on the European Union to revise its artificial intelligence legislation, arguing that current rules are hindering innovation.

Income tax refunds jump 474% in 11 years—outpacing collection growth

India's income tax refunds have skyrocketed by a whopping 474% over the past 11 years, reaching ₹4.77 lakh crore in FY 2024-25.

14 Jul 2025
TL;DR

Stellantis plans increased investment in India

Stellantis, the Dutch automotive group, is considering further investments in India to expand its retail network and double exports, despite a current market share of under 1%.

13 Jul 2025
Indian Government

Modi government to launch first marine insurer, countering Western pressure

The Indian government is in the process of setting up its first protection and indemnity (P&I) entity, named India Club.

13 Jul 2025
India

India's merchandise trade deficit narrows in June on lower imports

India's merchandise trade deficit narrowed to $20.7 billion in June 2025, down from May's $21.9 billion, according to the Union Bank of India.

13 Jul 2025
Foreign Investment

FPIs continue bullish trend, invest ₹3,839cr in Indian equities

Foreign Portfolio Investors (FPIs) have continued their buying spree in the Indian stock market, pouring in ₹3,839 crore so far this month.

13 Jul 2025
India

India could slash chip imports by $20B amid local push

A report by McKinsey has predicted that India's efforts to develop its semiconductor industry could cut chip imports by $10 billion to $20 billion.

13 Jul 2025
Indian Government

Why Modi government wants to establish a marine insurance group

The Indian government is in the process of setting up its first Protection and Indemnity (P&I) entity, named India Club.

13 Jul 2025
Inflation

India's retail inflation likely fell below 2.8% last month

India's retail inflation, as measured by the Consumer Price Index (CPI), is expected to have fallen below 2.8% in June.

13 Jul 2025
Income Tax Return

How to handle ITR when EPF interest is credited late

If you've noticed a delay in the credit of your Employees' Provident Fund (EPF) interest, you're not alone.

13 Jul 2025
JP Morgan

JPMorgan will charge fintech companies for accessing customer data

JPMorgan Chase & Co, the largest bank in the US, has decided to impose fees on financial technology (fintech) companies for accessing their customers' bank account information.

13 Jul 2025
Indian Premier League (IPL)

IPL valuation soars to $18.5B, up 12.9% from last year

The Indian Premier League (IPL) has witnessed an unprecedented surge in its business valuation, now standing at a whopping $18.5 billion (₹1.56 lakh crore).

13 Jul 2025
India

Wyndham to add 50+ hotels in India, expand brand presence

Wyndham Hotels and Resorts, the world's largest hotel franchisor, has announced plans to expand its presence in India.

13 Jul 2025
Startups

Why fast fashion delivery start-up Blip has shut down

Blip, a start-up specializing in ultra-fast fashion deliveries with a promise of 30-minute service, has shut down its operations just a year after its launch.

13 Jul 2025
CIPLA

You can soon buy Cipla's weight management drugs in India

Cipla, one of India's leading pharmaceutical companies, is gearing up to enter the country's weight management market.

Upcoming IPOs in India: 3 issues eye ₹3,600cr this week

The primary market is gearing up for another busy week, with three new initial public offerings (IPOs) set to launch from tomorrow.

13 Jul 2025
Blinkit

Blinkit will now hold inventory, sell goods directly to customers

Zomato-owned quick commerce company Blinkit is changing its business model. The change will see the company directly selling products to customers and holding inventory on its books.

13 Jul 2025
Bharti Airtel

Market cap of India's top 8 firms down ₹2L crore

The combined market capitalization of eight out of the top 10 most valued companies in India fell by ₹2.07 lakh crore last week.

13 Jul 2025
Elon Musk

Why SpaceX is investing $2B in Elon Musk's xAI

SpaceX has invested a whopping $2 billion in Elon Musk's artificial intelligence (AI) start-up, xAI.

13 Jul 2025
Meta

Meta acquires PlayAI to enhance voice features across its apps

Meta, the parent company of Instagram, WhatsApp, and Facebook, has acquired PlayAI after advanced acquisition talks.

Anthem Biosciences IPO: ₹1,016cr raised from 60 institutional investors

Bengaluru-based Anthem Biosciences has raised ₹1,016.02 crore from 60 institutional investors through its anchor book on July 11.

12 Jul 2025
Reliance Group

Reliance Infra planning to raise funds, board meeting next week

Reliance Infrastructure, part of the Reliance Group, has announced its intention to raise long-term capital through a variety of financial instruments.

12 Jul 2025
Narendra Modi

16th Rozgar Mela: PM Modi hands out 51,000 job letters

In a major employment push, Prime Minister Narendra Modi has distributed over 51,000 appointment letters to newly recruited government employees.

12 Jul 2025
Foreign Investment

FPIs pour ₹5,260cr into Indian equities, signaling strong market confidence

Foreign portfolio investors (FPIs) have pumped a whopping ₹5,260 crore into Indian equities between July 7 and July 11, indicating strong investor confidence in Indian markets.

12 Jul 2025
Intel

Intel plans 4,000 job cuts across US, Oregon hit hardest

Intel will lay off nearly 4,000 employees across the US, including California, Arizona, and Texas.

12 Jul 2025
Google

Who is Varun Mohan, Windsurf CEO just hired by Google?

Google has hired Varun Mohan, the CEO of AI code generation start-up Windsurf (originally Codeium).

12 Jul 2025
Meta

Meta refuses further changes to pay-or-consent model—may face additional fines

Meta Platforms is unlikely to make any further changes to its pay-or-consent model, according to Reuters.

12 Jul 2025
Apple

Foxconn starts bringing iPhone 17 components from China to India

Apple supplier Foxconn has started bringing components from China to India for the assembly of the upcoming iPhone 17, according to The Economic Times.

12 Jul 2025
NVIDIA

NVIDIA CEO has sold nearly 1M shares, generating $152M

Jensen Huang, the CEO and founder of NVIDIA, has sold nearly a million shares of his company. The move comes as part of a pre-planned trading strategy that Huang adopted on March 20.

12 Jul 2025
Google

Google hires key staff from AI start-up Windsurf for $2.4B

Google has hired key staff members from artificial intelligence (AI) start-up Windsurf and secured a non-exclusive license for certain technologies for $2.4 billion in licensing fees and compensation.

12 Jul 2025
NVIDIA

US senators warn NVIDIA CEO against upcoming trip to China

A bipartisan duo of US senators has warned Jensen Huang, CEO of NVIDIA, against his upcoming trip to China.

11 Jul 2025
Layoff News

Indeed, Glassdoor to slash 1,300 jobs as AI overhaul begins

Recruit Holdings, the Japanese parent company of job portals Indeed and Glassdoor, has announced plans to lay off around 1,300 employees across both platforms.

11 Jul 2025
Startups

AstroTalk in talks to raise $100M at $1.5B valuation

AstroTalk, a Noida-based astrology platform, is in talks for a new funding round of $50-100 million, according to Entrackr.

11 Jul 2025
Income Tax Return

ITR‑2, ITR‑3 Excel forms released—Are you required to file one?

The Income Tax Department has launched the Excel utilities for ITR-2 and ITR-3 for Assessment Year 2025-26.