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India just kicked off commercial chip production—here's why it matters
India's newly established semiconductor units have commenced commercial chip production, according to the Ministry of Electronics and Information Technology.
Reliance takes over majority of Udhaiyams Agro Foods
Reliance Consumer Products Limited has purchased a majority stake in Tamil Nadu's Udhaiyams Agro Foods Private Limited, expanding its FMCG portfolio.
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.
India speeds up trade deals after US slaps big tariffs
In response to US import tariffs, India is accelerating free trade agreements (FTAs) to diversify export markets and mitigate economic shocks.
Platinum prices hit 18-year high—here's why it matters
Platinum prices have soared to an 18-year high as investors turn to precious metals as a hedge against falling currencies. The metal's value has increased by nearly 115% this year.
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.
Fabindia-Mahindra team-up: Book Mahindra EVs with your Fabcoins
Fabindia has teamed up with Mahindra Electric Origin SUVs to allow its loyalty members to book electric SUVs using Fabcoins. The initiative will go live on December 19.
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.
SEBI to shake up M&A rules for fairer deals
India's Securities and Exchange Board (SEBI) is set to amend its merger and acquisition rules, aiming to protect retail investors and expedite deal closures.
India-Oman FTA: Big boost for Indian exports
India's free trade agreement (FTA) with Oman could potentially unlock nearly $1 billion in incremental trade, pressurizing rival exporters.
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.
Big revamp for India's securities market: New bill introduced in Lok Sabha
Finance Minister Nirmala Sitharaman has introduced the Securities Markets Code Bill, 2025, proposing a unified framework for India's securities regulation.
India, Oman set to boost trade with new CEPA
India is set to sign a Comprehensive Economic Partnership Agreement (CEPA) with Oman, enhancing economic engagement and promoting investments in the Gulf region.
Gold steady, silver near record as rate-cut bets and demand shape outlook
Gold prices remain stable due to dovish signals from the US Federal Reserve, while silver nears all-time high driven by strong demand and rate-cut bets.
Dollar holds steady as global banks prep for big moves
The dollar remains strong against major currencies as markets anticipate central bank decisions in Britain, Europe, and Japan.
Danish Khan to leave Sony Pictures Networks India after 10 years
Danish Khan, Business Head of Sony LIV and Studio NEXT, is set to leave Sony Pictures Networks India (SPNI) after a decade-long tenure.
India's coal output to stay steady in 2025, says IEA
The International Energy Agency (IEA) anticipates that India's coal production will remain flat in 2025 due to early and prolonged rainfall impacting mining activities.
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.
Bitcoin slips below $90K as US Senate stalls crypto bill
Bitcoin briefly surpassed $90,000 before falling back to around $86,000 after the US Senate postponed key cryptocurrency legislation until 2026.
ICICI Prudential AMC IPO: Listing tomorrow at 17% premium
ICICI Prudential Asset Management Company's shares are set to list on the stock exchange tomorrow, with a grey market premium indicating a 17% listing gain.
UPI transactions hit record high in India—here's what's behind the surge
India's digital payments landscape saw a 34% YoY increase in UPI transaction volumes and over 709 million active QR codes in Q3, as per Worldline India data.
India opens doors to full foreign investment in pension sector
India's decision to remove foreign ownership limits on insurance companies also extends to the $177 billion pension fund sector, enabling 100% foreign ownership.
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.
ACME Solar gets ₹4,725cr boost for clean energy push
ACME Solar Holdings Ltd has secured ₹4,725 crore in debt financing from Indian financial institutions to fund renewable energy projects.
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.
Indian bonds stay calm as RBI gears up for big buy
Indian government bonds showed little movement on Thursday as traders anticipated the outcome of the Reserve Bank of India's (RBI) scheduled debt purchase.
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.
SEBI's new mutual fund rules: What's changing for you?
SEBI's latest changes to mutual fund expense rules aim to enhance cost transparency for investors while necessitating operational adjustments for asset managers and distributors.
KSH International IPO: Slow start, low demand on closing day
KSH International's initial public offering (IPO) closes today, with a grey market premium (GMP) at zero and receiving only 0.30x subscription so far.
Meesho's stock price nearly doubles since IPO, hits record high
Meesho Ltd.'s shares fell 10% from their peak after initially doubling from their IPO price, reaching a market capitalisation of ₹1 lakh crore.
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.
Crude oil prices climb as global tensions spark supply worries
Crude oil futures experienced a surge on Thursday due to potential supply disruptions from Venezuela and Russia. The increase reflects growing market concerns over geopolitical tensions.
MCX is making its shares more affordable with a 1:5 stock split
The Multi Commodity Exchange of India (MCX) has set January 2 as the record date for its first-ever 1:5 stock split, aiming to increase overall liquidity.
Ola Electric shares tumble after promoter stake sale
Ola Electric shares plunged nearly 4% after founder Bhavish Aggarwal sold a significant portion of his stake, unsettling investors and hitting a fresh 52-week low.
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%.
Mystery $25B bid for Warner Bros. Discovery: Netflix wins out
A confidential 'American media company', referred to as Company C, proposed a $25 billion cash acquisition of Warner Bros Discovery, according to recent filings.
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.
Sensex sinks 300+ points, Nifty slips below 25,750 as markets stay shaky
Indian stocks, including Sensex and Nifty, experienced a fourth consecutive session of losses due to uncertainties surrounding a potential U.S.-India trade agreement.
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.
Flipkart gets NCLT nod for merger ahead of IPO
The National Company Law Tribunal (NCLT) has approved the merger of eight Flipkart entities, bringing the e-commerce giant closer to its anticipated Indian IPO.
Indian stock market slips as global jitters hit Nifty and Sensex
Indian equity indices, Nifty50 and BSE Sensex, opened with a weak sentiment today, trading below 25,800 and down by approximately 150 points respectively.
Rupee opens flat at 90.37 after RBI steps in
The Indian rupee opened nearly unchanged at 90.37 against the US dollar on December 18, likely due to support from the Reserve Bank of India (RBI).
'AI bubble': Bill Gates says not all AI companies will survive the hype
Microsoft co-founder Bill Gates cautions that many highly-valued AI companies may not survive in the hyper-competitive market, predicting potential market corrections.
Amazon's AGI boss Rohit Prasad is leaving in 2024
Rohit Prasad, the head of Amazon's artificial general intelligence (AGI) unit, is set to leave by year-end as CEO Andy Jassy restructures the company's AI leadership.
Telecom giants are betting big on AI data centers
Indian telecom operators are planning to invest over ₹1 lakh crore in AI-ready data centres and cloud functions, aiming to increase enterprise revenue to 40% of total.
Pronto seeks $25 million funding at $100 million valuation: Report
Quick home-services startup, Pronto, is reportedly in discussions to raise around $25 million in a new funding round, potentially valuing the company at about $100 million.
Gold and silver cool off after record highs
Gold and silver prices experienced a slight decline as investors began to book profits, influenced by a stronger dollar and anticipation of key U.S. inflation data.
SpaceX IPO buzz sends ETF investments soaring
The ERShares Private-Public Crossover ETF (XOVR) has seen a surge in investment due to its unique exposure to SpaceX, ahead of the company's potential record-breaking IPO.
Government to introduce Securities Markets Code Bill in Parliament
The Indian government is set to introduce the Securities Markets Code Bill, 2025 in the ongoing Winter Session of Parliament, aiming to modernize and consolidate India's capital market laws.
NPS just got more flexible: Withdraw up to 80% of your savings
The Pension Fund Regulatory and Development Authority (PFRDA) has raised the National Payment System (NPS) withdrawal limit for private sector subscribers from 60% to 80%.
OpenAI aims for $750B valuation in new funding talks
OpenAI, a leading artificial intelligence company, is reportedly in early-stage negotiations to raise funding at a staggering $750 billion valuation.
Micron's shares jump as AI demand fuels record results
Micron Technology Inc.'s shares surged following strong Q1 results and an optimistic AI forecast, extending the stock's nearly 160% gain this year.
Wall Street suffers sharpest decline in nearly a month
Wall Street experienced its worst day in nearly a month as AI stocks continued to plummet, leading to the market's fourth consecutive loss.
Asian markets drop as tech stocks slide; Bitcoin and gold edge up
Asian markets opened lower, reflecting losses in the US as global investors pull back from technology stocks, impacting equities and cryptocurrencies alike.
Speciale Invest launches ₹1,400cr Growth Fund II
Speciale Invest is preparing to launch a ₹1,600 crore ($177 million) growth fund focused on deeptech investments. The firm plans to invest in 12-15 companies with this new fund.
India's VIX drops to all-time low—what it means for you
India's Volatility Index (VIX) hit a new lifetime low due to directionless trade and reduced derivatives activity, indicating an expectation of lower market volatility.
India and Oman are sealing a big trade deal this week
The India-Oman Free Trade Agreement (FTA) is set to enhance opportunities in textiles, automobiles and other sectors, according to Commerce and Industry Minister Piyush Goyal.
Amazon puts Peter DeSantis in charge of new AI team
Amazon CEO Andy Jassy has announced the appointment of veteran AWS executive Peter DeSantis to head a new AI-focused organization within the company.
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.
Silver hits historic high amid disappointing US unemployment data
Silver has hit a new high, crossing the $65 mark per ounce for the first time ever. The surge is attributed to weaker US labor data, which has raised expectations of interest rate cuts.
TCS bags $1B contract from UK's Telefonica, shares jump
Tata Consultancy Services (TCS) has bagged a long-term contract worth over $1 billion from Telefonica UK. This is the first major deal for India's top IT services company in nearly two years.
Meesho shares up 86% since IPO: Sell or hold?
Meesho's stock price surged by nearly 14% to hit an intraday high of ₹207.67 on Wednesday.
Databricks secures $4B funding at $134B valuation amid AI boom
Databricks, a leading data intelligence firm, has raised over $4 billion in a Series L funding round.
Why IndiGo plans to speed up its pilot training
IndiGo has decided to expedite its pilot training program.
Crude oil prices dip below $60: Here we decode why
Crude oil prices have continued their downward trend, falling below the $60 per barrel mark.
FanCode to stream Formula 1 races in India till 2028
FanCode, India's leading digital sports streaming platform, has renewed its broadcast partnership with Formula 1.
NASDAQ will soon allow share trading round the clock
The tech-heavy NASDAQ exchange, home to major companies like NVIDIA and Apple, is gearing up to introduce 24-hour trading.
India's Kavach train protection system to create business worth ₹50,000cr
India's indigenous automatic train protection (ATP) system, Kavach, is set to open a ₹50,000 crore market in the next six to seven years.
Zomato parent crashes 5% after market share loss to Swiggy
Zomato parent Eternal's shares plunged nearly 5% on Tuesday, closing at ₹284.50.
Bitcoin, Ethereum plunge up to 7%; forced liquidations hit $600M
The cryptocurrency market witnessed a major sell-off in the last 24 hours, with Bitcoin and Ethereum witnessing significant losses.
Why IndiGo pilots are seeking contempt action against DGCA
The Indian Pilots Guild (IPG) and Federation of Indian Pilots (FIP) have filed a plea in the Delhi High Court, seeking contempt proceedings against Directorate General of Civil Aviation (DGCA).
Delhi HC will hear Apple's challenge to CCI next month
The Delhi High Court has postponed the hearing of Apple's challenge to India's competition law, which allows penalties to be calculated on a company's global turnover.
Why Ben & Jerry's has fired 3 board members
Ben & Jerry's, the iconic ice cream brand, has removed three members from its independent board.
VC firm Lightspeed raises $9B to invest in new-age start-ups
Lightspeed Venture Partners, a leading global venture capital firm, has raised over $9 billion across six multi-stage funds.
India's private sector growth slows to 10-month low in December
India's private sector activity witnessed a major slowdown in December, marking its weakest growth in 10 months.
Zepto to file $500M IPO in India next week
Zepto, a significant player in the grocery delivery space, is gearing up to file for an initial public offering (IPO) worth some $500 million.
Elon Musk's net worth crosses $600B for first time
Elon Musk has become the first person in history to have a net worth of over $600 billion.
Indian rupee breaches 91 against USD, hits lifetime low
The Indian rupee has hit a new record low, breaching the 91-per-dollar mark for the first time.
Why US has suspended its £31B tech investment in UK
The United States has temporarily suspended its multi-billion-pound investment in British technology, a major blow to US-UK relations.
Meet Archna Vyas, Gates Foundation's first woman India director
The Bill & Melinda Gates Foundation has announced the appointment of Archna Vyas as its new Country Director for India.
HDFC Bank can now acquire 9.5% stake in IndusInd Bank
The Reserve Bank of India (RBI) has approved a plan by HDFC Bank's subsidiaries to acquire up to a 9.5% stake in IndusInd Bank.
This OpenAI-backed biotech company has raised $130M at $1.3B valuation
Chai Discovery, a biotech start-up backed by OpenAI, has raised $130 million in a Series B funding round at a $1.3 billion valuation.
OpenAI's communications chief resigns amid ongoing leadership churn
OpenAI's Chief Communications Officer (CCO), Hannah Wong, has announced her decision to leave the company in January 2026.
Meesho co-founder Vidit Aatrey enters billionaire club
Vidit Aatrey, the co-founder and CEO of Meesho, has officially become a billionaire.
SEBI acts against finfluencer 'Baap of Charts', seeks ₹18cr recovery
The Securities and Exchange Board of India (SEBI) has initiated recovery proceedings against Mohammad Nasiruddin Ansari, the owner of 'Baap of Charts' (BoC).
LiDAR tech pioneer Luminar files for bankruptcy amid legal woes
Luminar, a leading manufacturer of light detection and ranging (LiDAR) systems, has filed for Chapter 11 bankruptcy.
Delhivery's on-demand intra-city shipping service now available in Mumbai, Hyderabad
Leading logistics company Delhivery has launched its on-demand intra-city shipping service in Mumbai and Hyderabad.
India, New Zealand might ink free trade agreement soon
India and New Zealand are on the verge of finalizing a free trade agreement (FTA), Commerce Secretary Rajesh Agrawal said today.
Modi government denies US accusations of dumping basmati rice
India has strongly rejected the US's allegations of "dumping" rice into its market.
WhatsApp must seek user consent for all data sharing: NCLAT
The National Company Law Appellate Tribunal (NCLAT) has ruled that WhatsApp must seek user consent before sharing data for both advertising and non-advertising purposes.
Gold ETFs surge 72% year-to-date: Here we decode why
Gold exchange-traded funds (ETFs) have witnessed a massive surge in investor interest this year, with some delivering returns as high as 72%.
Joyalukkas to invest ₹3,600cr for 40 new showrooms worldwide
Leading jewelry retailer Joyalukkas has unveiled a massive ₹3,600 crore investment plan.
Did GST cuts boost demand? Here's what experts say
India's retail inflation plummeted to a record low of 0.25% in October and 0.71% in November, largely due to a sharp decline in food prices.
SHANTI Bill: India's new legislation to boost nuclear sector
The Indian government has introduced a new bill, the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Bill, 2025 (SHANTI Bill), in Parliament.
Airbnb hit with €75M fine in Spain for illegal listings
Spain's Consumer Rights Ministry has slapped a €64 million ($75 million) fine on Airbnb. The penalty is for advertising unlicensed tourist rental homes, the ministry announced today.
NITI Aayog lays out roadmap for India's corporate bond market
NITI Aayog has unveiled a detailed report outlining strategies to strengthen India's corporate bond market.
India's unemployment plunges to 8-month low of 4.7% in November
India's unemployment rate has dropped to an eight-month low of 4.7% in November, down from 5.2% in October, official data released today showed.
This company is paying moms ₹1L to talk about menopause
Plant-based nutrition brand Earthful has launched a unique initiative, the "Menopause Cheerleaders Internship."
Cognizant's biggest cyber defense center now open in Bengaluru
Cognizant, a leading IT services company, has opened its largest Cyber Defense Center (CDC) in Bengaluru.