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McKinsey: Banks scramble as generative AI reshapes financial choices
Customers are rapidly embracing generative AI for complex financial tasks, including stock picks and savings optimization, leaving banks with limited time to adjust.
Why FirstCry parent's shares are down 50% from issue price
Brainbees Solutions, the parent company of e-commerce platform FirstCry, has witnessed a major drop in its share value.
Vodafone Idea shares hit 52-week high today: What's the reason?
Vodafone Idea's shares hit a 52-week high for the sixth consecutive session today.
HFCL rises nearly 8% on ₹135cr RailTel defense maintenance deal
HFCL shares rose 8% after securing a ₹135 crore AMC contract from RailTel for maintaining a secure defence network, pushing the stock's 2026 gain to over 152%.
Black Box aims 20% FY27 growth, CEO Sanjeev Verma says
Navi Mumbai-based IT solutions provider Black Box anticipates 20% revenue growth in FY27, driven by a robust $1 billion order book and rising AI infrastructure opportunities.
Adani Power overtakes Infosys as India's 11th most valuable, ₹4.85L/cr
Adani Power has overtaken Infosys to become India’s 11th most valued company, driven by a 126% stock rally in one year amid soaring power demand during an intense El Niño year.
India's SEBI issues draft tightening rules on companies' fundraising spending
India's market regulator SEBI plans tighter oversight on equity fund usage, proposing enhanced monitoring by credit rating firms and stricter penalties for non-compliance.
Maninder Sidhu announces Canada trade mission to India in November
Canada's Minister of International Trade Maninder Sidhu revealed plans for a November trade mission to India, following Piyush Goyal's Toronto meetings.
Byju Raveendran breaks silence after Singapore jail order
Byju Raveendran, the founder of Indian edtech company BYJU'S, has been sentenced to six months in jail by a Singapore court.
Magellanic Cloud posts March quarter net profit rise to 30cr
Magellanic Cloud posted a 30% rise in net profit to ₹30 crore for the March quarter, driven by strong demand and a 31% revenue increase to ₹205 crore.
Pernod Ricard faces alleged $314 million tax shortfall in India
Indian authorities are investigating Pernod Ricard for allegedly undervaluing Scotch whisky imports, with the company facing a $314 million tax demand.
Cushman & Wakefield: India is Asia-Pacific's 2nd-largest data center market
India, with 1.6 GW operational capacity and 3.1 GW in development, is emerging as a key player in Asia Pacific's data center growth, driven by AI and cloud demand.
SBI Funds Management to open ₹13,000cr IPO June July 2026
SBI Funds Management has initiated roadshows to raise ₹13,000 crore through an IPO, targeting a June-end to July launch, pending regulatory approval in the coming weeks.
Musk considers merging SpaceX and Tesla
Elon Musk is gearing up to take SpaceX, his second trillion-dollar company, public. The move will likely make him the head of two of the 10 most valuable US companies.
TCS to implement AI-powered digital upgrades across SKF's worldwide operations
Tata Consultancy Services collaborates with Sweden's SKF to modernise its technology services, driving AI-led digital transformation across global operations.
Datamatics shares jump 2.9% after SBI Life Insurance adopts TruAI
Datamatics shares rose nearly 3% after SBI Life Insurance implemented its TruAI Underwriting solution, leveraging Agentic AI to streamline complex underwriting operations.
Supreme Court quashes Amazon-Future Group block, cancels ₹202cr
The Supreme Court overturned the NCLAT's 2022 decision and the CCI's ₹202 crore penalty on Amazon, directing a refund of any recovered amounts within eight weeks.
Air India cuts domestic flights from June to August 2026
Air India has temporarily reduced domestic flight frequencies from June to August 2026, citing high fuel prices and operational challenges.
Indian government plans 2% LIC stake sale for 10000 cr
India plans to sell a 2% stake in Life Insurance Corporation next month, aiming to raise Rs 10,000 crore as part of efforts to boost public shareholding.
SBI chairman Setty says people remain central in digital banking
SBI chairman Challa Sreenivasulu Setty highlighted that technology-led banking requires investments in people, leadership, and skills to drive sustainable transformation.
Income Tax Department rolls out ITR-2 for AY 2026-27
The Income Tax Department has activated ITR-2 filing for AY 2026-27, allowing eligible taxpayers to file returns online or via Excel utility before the July 31, 2026 deadline.
SpaceX wins $2.29 billion US Space Force SDN Backbone contract
SpaceX secured a $2.29 billion deal from the U.S. Space Force to develop the Space Data Network, a secure satellite system enabling global military communications by 2027.
Jamieson Greer to meet Commerce Minister Piyush Goyal on framework
USTR Jamieson Greer plans to meet Commerce Minister Piyush Goyal soon, as a US trade delegation heads to India next week to finalise the long-discussed framework agreement.
Elon Musk mulls Tesla and SpaceX merger before Nasdaq IPO
Elon Musk is reportedly considering merging SpaceX and Tesla, leveraging shared resources and AI advancements as SpaceX prepares for a historic IPO on Nasdaq.
Zen Technologies shares jump nearly 4% after ISBS India launch
Zen Technologies shares rose nearly 4% after unveiling its AI-driven Integrated Smart Border Suite, enhancing India's border security capabilities.
Raghuram Rajan warns against AI hype, cites debt and semiconductors
Former RBI governor Raghuram Rajan cautions that excessive optimism around generative AI overlooks economic vulnerabilities, technological limits, and political backlash.
AI boom just created a company bigger than Berkshire Hathaway
SK Hynix, the South Korean semiconductor firm, has crossed a major milestone by hitting a market capitalization of over $1 trillion.
Amazon's ₹202cr CCI penalty quashed by India's Supreme Court
The Supreme Court overturned the Competition Commission of India’s Rs 202-crore penalty on Amazon, linked to its 2019 investment in Future Coupons, following a mutual settlement.
Indore's Pushp Brand files IPO with SEBI to raise ₹800-1,000cr
Indore-based spice maker Pushp Brand (India) has submitted draft papers to Sebi for an IPO worth Rs 800-1,000 crore, entirely through an offer-for-sale by promoters and investors.
Gold, silver prices rise on geopolitical tensions, dollar's weakness
Gold and silver prices witnessed an uptick on Wednesday, driven by a weaker US dollar and ongoing geopolitical tensions in West Asia.
Calm Tata Sons board reviews Air India, BigBasket, Tata Electronics
Tata Sons' latest board meeting focused on Air India's financial trajectory, BigBasket's profitability challenges, and Tata Electronics' promising growth in semiconductors.
China's factory profits hit 2-year high
China's industrial sector has witnessed a surge in profits, with a 24.7% jump in April compared to the same month last year.
Samsung union approves deal offering ₹3cr bonus per chip worker
Samsung Electronics' largest union has approved a compensation deal, averting a potential strike that could have disrupted the global chip supply chain.
South Korea's Kospi jumps 100% in under 5 months
South Korea's Kospi index skyrocketed 100% in 2026, driven by advances in memory chip giants SK Hynix and Samsung Electronics, surpassing historic gains from the dotcom bubble era.
Brainbees Solutions shares fall to ₹222 after Q4 results
Shares of Brainbees Solutions dropped 6.4% post-Q4 results, extending its year-to-date decline to 23%, with the stock now trading over 50% below its ₹465 issue price.
Vodafone Idea posts 3rd straight month growth, reaches nearly 198.5 million
Vodafone Idea (Vi) added 53,257 wireless subscribers in April, marking its third straight month of growth, while Airtel and Jio led overall telecom additions in India.
Exponent Energy co-founder Sanjay Jagannath steps down for personal reasons
Sanjay Jagannath, co-founder of Exponent Energy, has exited the company citing personal reasons, as the startup ecosystem witnesses a wave of high-profile founder departures.
Samsung, union agree 10.5% semiconductor profit sharing over 10 years
Samsung's landmark bonus deal, granting memory chip workers up to $416,000, averts a strike and sets a precedent likely to intensify union demands across South Korea.
India Inc plans bigger FY27 capex, ICICI Securities cites ₹10.5L/cr
India Inc is prioritizing defence, energy security, and AI-linked infrastructure in FY27, with aggregate capex rising 15% YoY to Rs 10.5 lakh crore in FY26.
SpaceX IPO buzz drives gains across commercial space stocks
Aerospace and satellite stocks surged Tuesday, driven by excitement over a potential SpaceX IPO and growing investor confidence in the booming commercial space exploration sector.
Byju Raveendran sentenced to 6 months in Singapore jail
Byju Raveendran, the founder of Indian edtech firm BYJU'S, has been sentenced to six months in prison by a Singapore court.
ONGC shares slip 4% despite 46% 4th quarter profit jump
ONGC shares dropped 4% despite a 46% YoY surge in Q4 net profit to Rs 10,820 crore, with revenue rising 4% to Rs 1,73,805 crore.
ONGC Q4 profit up 3% to ₹6,649.97cr, shares fall 3.5%
ONGC shares fell 3.5% after Q4 FY26 results revealed lower production and higher exploration write-offs, despite a marginal revenue increase and a 3% year-on-year profit growth.
Himalaya Wealth Managers launches Himalaya SME Scheme-I with ₹250cr corpus
Himalaya Wealth Managers LLP has introduced a ₹500 crore SEBI-registered AIF to support high-growth SMEs across diverse sectors with equity capital and strategic guidance.
Mansukh Mandaviya announces EPFO UPI PF withdrawals to bank accounts
EPFO's new initiative enables over seven crore members to withdraw provident fund money instantly via UPI or ATMs, eliminating employer involvement and lengthy processing delays.
Samsung union workers voted yes on bonus, averting 18-day strike
Samsung Electronics unionized workers approved a bonus pay agreement, averting an 18-day strike. The deal boosted Samsung shares by 6%, driven by AI-driven chip demand optimism.
India's GCCs now lead global projects, R&D and product development
India's Global Capability Centres (GCCs) are transitioning from cost-driven back-office units to integrated hubs, driven by AI advancements and rising talent challenges.
Eighth Pay Commission visits Bhubaneswar July 6-7 central govt employees
The 8th Pay Commission will visit Bhubaneswar on July 6-7, 2026, inviting employee unions and stakeholders to submit appointment requests by June 15.
Mark Carney calls CEPA 'game changer' after meeting Piyush Goyal
Canadian PM Mark Carney hailed a potential free trade deal with India as transformative during his meeting with Union commerce minister Piyush Goyal in Ottawa on Monday.
Oil prices up at $95.39 amid uneasy US Iran truce
Oil prices remained elevated as Brent crude traded near $95.39, with markets closely monitoring the fragile US-Iran ceasefire and its potential impact on global energy stability.
Indian Railway Technical Supervisors's Association seeks ₹52,600 minimum basic pay
The Indian Railway Technical Supervisors’ Association has urged the 8th Pay Commission to implement higher increments, differentiated fitment factors, and a revised pay structure.
Samsung to invest $1.5B in Vietnam's 1st semiconductor testing plant
Samsung Electronics is investing $1.5 billion to build its first semiconductor testing plant in Vietnam, aiming to address global memory chip shortages driven by rising AI demand.
Ferrari stock falls after unveiling ₹6.13cr Luce electric sedan
Ferrari's shares plunged 8% after unveiling its first electric car, the Luce, a minimalist five-seater design that sparked backlash for straying from Ferrari's sportscar heritage.
Samsung's largest union accepts deal granting an average $340,000 bonus
Samsung's largest union approved a $340,000 average bonus for chip workers, averting a strike that could have disrupted global memory chip supply amid soaring AI-driven demand.
Donald E. Newhouse, longtime Advance Publications president, dies at 96
Donald E. Newhouse, president of Advance Publications and former Associated Press board chairman, passed away at 96 in his New Jersey home on Tuesday.
Asian stocks hit records on US tech rally, U.S.-Iran talks
Asian and US markets soared to record highs, fueled by a tech-driven AI rally and optimism over potential peace talks between Iran and the US.
Human Archive raises $8.2 million seed funding, outfits workers with cameras
Human Archive, a startup backed by $8.2M in VC funding, uses head-mounted cameras on workers in India to collect data for AI training models.
SK Hynix reaches $1 trillion market cap after 11% surge
SK Hynix's stock surged 230% in 2026, driven by booming AI chip demand, propelling its market capitalization past $1 trillion alongside US-based peer Micron.
Supreme Court ruling triggers $20.6B tariff refunds via CBP portal
US Customs and Border Protection announced $20.6 billion in tariff refunds to importers, following a correction to previously overstated refund figures in court filings.
Asian markets hit new high as SK Hynix hits $1T
Asian stocks hit a record high, driven by surging technology shares and easing geopolitical tensions, while oil prices dipped amid US-Iran peace deal hopes.
Avendus says India's data center capacity near triple by 2030
India's data centre capacity is set to triple by 2030, driven by AI and cloud demand, with 700,000 GPUs expected to be deployed and $23 billion in investments projected.
Quick commerce apps power most FMCG online sales in India
Quick commerce now drives 60-75% of online sales for India's leading FMCG companies, reshaping consumer habits and outpacing traditional e-commerce and retail channels.
Peak XV, Activate eye Wispr Flow's round could top $250 million
Peak XV Partners and Activate are in discussions to invest in Wispr Flow, a voice AI startup founded by Stanford graduates, potentially valuing the company at $2 billion.
Meta cuts about 12 ad and marketing roles in India
Meta India has laid off nearly a dozen employees in ad sales, marketing, and individual contributor roles as part of its global restructuring efforts.
NSE issues 3-month ban on Yes Securities, fines firm ₹1L
The NSE has barred Yes Securities from onboarding new clients for three months and imposed a ₹1 lakh penalty for transferring upfront or peak margin penalties to its clients.
Indian rupee undervalued, Ashima Goyal and Sanjay Malhotra foresee recovery
The rupee is significantly undervalued on a Real Effective Exchange Rate (REER) basis, with former MPC member Ashima Goyal predicting a likely rebound.
S&P 500 and Nasdaq hit records as Dow falls 120
The S&P 500 and Nasdaq surged to record highs on Tuesday, driven by a chip stock rally, while the Dow Jones lagged with a 120-point loss.
Maharashtra approves nearly 90,000cr industrial projects including Adani Enterprises plant
Maharashtra approved Adani Enterprises' ₹70,000-crore coal gasification project in Nagpur, expected to generate 10,000 jobs and boost industrial growth in key regions.
SEBI plans tokenization reforms to expand India's corporate bond market
Sebi plans bond tokenisation pilots and new debt broker regulations to deepen corporate debt markets, aiming to reduce businesses' dependence on banks for financing.
Blackstone Products recalls Parmesan Ranch seasoning nationwide over salmonella concerns
Walmart has issued a recall for Blackstone Parmesan Ranch seasoning due to potential salmonella contamination, posing serious health risks, especially for vulnerable individuals.
Conflict involving Iran cuts base oil, oil changes reach $90
Synthetic motor oil shortages, driven by the Iran war disrupting Middle Eastern supplies, may increase routine oil change costs by nearly 40%, according to industry experts.
Mercer survey finds 99% of US executives expect AI layoffs
A Mercer survey reveals 99% of U.S. executives plan AI-driven layoffs within two years, as workplace wellbeing plummets and fears of labor obsolescence grow.
Nowhera Shaik arrested by ED in Gurugram over Ponzi scheme
The Enforcement Directorate arrested Nowhera Shaik, accused in the Heera Group Ponzi case, for evading investigation and living under a fake identity in Gurugram.
Supreme Court upholds CCI order refusing probe into NSE co-location
The Supreme Court upheld the CCI's decision dismissing allegations of anti-competitive practices by the National Stock Exchange, affirming no abuse of dominance occurred.
Massachusetts Uber and Lyft drivers create 1st US statewide union
Massachusetts Uber and Lyft drivers have certified the nation's first statewide ride-hailing union, addressing pay concerns and automation anxieties.
National capital gold falls ₹2,800 to ₹162,400 amid U.S.-Iran tensions
Gold prices fell by ₹2,800 to ₹1.62 lakh per 10 grams as escalating US-Iran tensions drove investors toward the US dollar, creating uncertainty in global markets.
This Zomato loophole may help you avoid platform fee, commission
A viral post on X has raised concerns over a possible loophole in Zomato's delivery system.
Why British oil giant BP has fired its chairman
British oil giant BP has sacked its Chairman Albert Manifold with immediate effect.
Maruti Suzuki wants its employees to work-from-home wherever possible
Maruti Suzuki, India's largest car manufacturer, has announced a series of measures in light of Prime Minister Narendra Modi's call for austerity.
LinkedIn moves NCLAT against ₹27L penalty imposed by RoC
LinkedIn, the professional networking platform owned by Microsoft, has challenged a penalty imposed by India's Registrar of Companies (RoC).
You can soon snack on Pokemon in India
Snack brand Taali has announced a partnership with The Pokemon Company, marking its presence in India's fast-growing snacking category.
India Semiconductor Mission launches online portal: How it helps investors
The India Semiconductor Mission (ISM), a part of the Ministry of Electronics and Information Technology (MeitY), has launched an online "Investors Support" portal.
India's solar projects have to use locally-made cells from June
The Ministry of New and Renewable Energy (MNRE) has announced that new solar power projects in India will need to use approved, domestically made solar cells from June 1, 2026.
Tata Sons concludes crucial board meeting amid governance concerns
The board of directors at Tata Sons, the holding company of the salt-to-software conglomerate, met today.
Soybean prices jump 41%, forcing Indian traders to cancel exports
Indian traders have canceled 25,000 metric tons of soymeal export contracts for the first time since 2021.
Why AI boom is quietly hurting Indian rupee
Mahesh Nandurkar, MD and Head of India Research at Jefferies India, has said that the weakening Indian rupee is more a result of declining capital inflows than the current account deficit (CAD).
Why Ferrari shares tanked 6% after Luce EV reveal
Ferrari's shares took a major hit on Tuesday, falling by over 6% after the company unveiled its first-ever fully electric vehicle (EV), the Luce.
Your meals in Bengaluru might become 60% costlier soon
Bengaluru's food scene is on the verge of a major price shift, with hotel associations warning of a potential 60% hike in food prices.
Nandan Nilekani's new venture bets ₹3,000cr on AI, deep-tech start-ups
Fundamentum Partnership, the venture capital firm co-founded by Nandan Nilekani, has launched a new investment platform called F2A (Fundamentum Frontier Advisors).
Priority postpaid service doesn't violate net neutrality, says Bharti Airtel
Bharti Airtel has defended its new "Priority Postpaid" service before a Department of Telecommunications (DoT) panel.
Air India Express now lets you redeem Maharaja Club points
Air India has expanded its Maharaja Club loyalty program to include Air India Express flights.
RBI's dollar-rupee swap auction subscribed nearly twice over
The Reserve Bank of India (RBI) has witnessed a massive response to its three-year dollar/rupee buy-sell swap.
India's telecom networks are now facing a diesel crisis
The Indian telecom industry is facing major disruptions due to unreliable grid power, diesel shortages, and rising fuel costs.
Sensex slips 600 points from day's high
India's benchmark indices, the Sensex and Nifty, witnessed a decline on Tuesday.
Samsung employees are fighting over huge AI chip bonuses
A union representing non-semiconductor workers at Samsung Electronics has filed an injunction with a South Korean court.
MobiKwik's shares soar 8% as RBI grants payment aggregator license
Shares of MobiKwik surged by as much as 8% on Tuesday after the Reserve Bank of India (RBI) granted the company in-principle approval to operate as a Payment Aggregator - Physical (PA-P).
Inside the high-stakes boardroom talks at Tata Sons
The board of Tata Sons is holding a crucial meeting today, with major implications for the future of several key group companies.
Wipro shares see 9-day rally: Here we decode why
Wipro's share price continued its upward trend today, marking the ninth consecutive session of gains.
Why water purifier maker Kent RO postponed its IPO
Kent RO Systems, a leading Indian water purifier manufacturer, has decided to postpone its initial public offering (IPO).
World's largest miner is not worried about climate change anymore
BHP, the world's largest miner and one of Australia's biggest historical emitters, has put its climate action plans on hold.
Are silver bars and coins sold in India genuine?
The Indian silver market is witnessing a major crisis as counterfeiters are flooding the market with impure silver bars and coins.
Why India's trucking industry is staring at a crisis
India's transport sector is facing a major operational crisis due to falling freight rates, rising diesel prices, and fuel supply disruptions. The situation is affecting truckers across the country.
Adani launches one of world's largest battery storage system
Adani Green Energy has inaugurated a massive 3.37 gigawatt-hour (GWh) Battery Energy Storage System (BESS) in Khavda, Gujarat.
One restaurant, 5 names? Swiggy listings spark controversy
An investigation by Entrackr has raised concerns over Swiggy's verification systems, review integrity, and advertising fairness.
Website builder Wix to lay off 20% workforce
Wix, the popular website building platform, is gearing up for a major restructuring.
BSNL's revenue rises to ₹25,000cr amid turnaround push
State-owned telecom giant Bharat Sanchar Nigam Limited (BSNL) has witnessed a massive 19% surge in its revenue over the last two years. The company's revenue now stands at ₹25,000 crore.
Gold, silver prices jump as US-Iran tensions escalate
Gold and silver prices have witnessed a surge on Tuesday, owing to the rising tensions between the United States and Iran. The geopolitical uncertainty in West Asia has kept safe-haven demand firm.
AI boom helps Taiwan overtake India in stock market rankings
Taiwan has overtaken India as the world's fifth-largest stock market, a major shift in global financial dynamics.
Oil prices jump 2% as US attacks Iran
Oil prices exhibited mixed trends on Tuesday, amid US military operations in southern Iran and President Donald Trump's ambiguous statements regarding the ongoing negotiations between Tehran and Washington.
CNG prices hiked by ₹2/kg, fourth increase in 11 days
In yet another blow to consumers, the price of compressed natural gas (CNG) has been hiked by ₹2 per kg in Delhi-NCR and other areas.
India's industrial output index to be revamped next week
India's Ministry of Statistics is planning a major overhaul of the Index of Industrial Production (IIP), the key measure of industrial output next week.
Zepto to file for $1B IPO in India next month
Zepto, a quick-commerce company known for its 10-minute delivery service, is gearing up for a public filing in June.
Mahanagar Gas won't offer you subsidies in Mumbai anymore
Mahanagar Gas Ltd, a leading gas distributor in India, has announced the immediate suspension of all its subsidy programs.
Private banks to outperform PSUs in earnings growth during FY26-28
Private sector banks are likely to outperform their public sector counterparts in terms of earnings growth over the next two years, a report by Antique Stock Broking has said.
This Brookfield-backed telco wants to raise ₹6,000cr via IPO
Altius Telecom Infrastructure Trust, India's second-largest telecom tower operator and backed by Brookfield Asset Management, is gearing up for a ₹6,000 crore initial public offering (IPO).
US-Iran war could hit Indian company profits by 200 bps
A protracted conflict in West Asia could significantly impact the profitability of Indian companies, Crisil Ratings has warned.
RBI studies quantum computing risks in banking
The Reserve Bank of India (RBI) has announced the formation of an eight-member expert committee to study the potential benefits, risks, and challenges of quantum technology in banking.
RBI's mobile wallet restrictions: What it means for fintechs, users
The Reserve Bank of India (RBI) has surprised the fintech industry by tightening guidelines for prepaid payment instruments (PPIs), popularly known as mobile wallets.
Sitharaman says focus on 3 'Fs' amid West Asia crisis
Finance Minister Nirmala Sitharaman has called for a focus on what she dubbed the three "Fs": fuel, fertilizer, and foreign exchange.
Apple India's revenue may hit ₹1.4L crore in FY26
Apple India's revenue is expected to reach ₹1.42 lakh crore in FY26, according to a Kotak Mutual Fund report.
Ex-Meta employee reveals she chose to be laid off
Julie Bone, a former Meta employee, has revealed that she voluntarily chose to be part of the tech giant's latest round of layoffs.
Sundar Pichai addresses 'boo strategy' amid growing AI job fears
As artificial intelligence (AI) continues to evolve, it has become a hot-button issue for Silicon Valley leaders.
Oil firms losing ₹600cr daily despite recent price hikes
India's state-run oil companies are facing severe financial pressure due to high global crude oil prices.
Iran conflict pushes India's oil import bill to $16.3B
India's oil import bill skyrocketed by 52.3% to $16.3 billion in April, from $10.7 billion a year ago, according to data from the Petroleum Planning and Analysis Cell (PPAC).
Is Indian stock market headed for a bull run again?
Indian equities witnessed a strong rally today, with Nifty crossing the 24,000 mark.
RBI governor Sanjay Malhotra thinks rupee might be undervalued
Reserve Bank of India (RBI) Governor Sanjay Malhotra has said that the Indian rupee is not overvalued and could even be undervalued after its recent depreciation against the US dollar.
Why Modi government is staring at ₹1L crore revenue hit
Finance Minister Nirmala Sitharaman has said that cutting excise duties on petrol and diesel will cost the government ₹1 lakh crore in revenue.
H-1B approvals plunge 40% for Indian IT firms
India's top six IT companies—Tata Consultancy Services (TCS), Infosys, Wipro, HCL Technologies, Tech Mahindra and Cognizant—have seen a massive drop in their H-1B visa approvals.
NVIDIA's Jensen Huang says blaming AI for layoffs is 'lazy'
NVIDIA CEO Jensen Huang has slammed business leaders for blaming artificial intelligence (AI) for job losses.
India's data center market to hit $46B by 2033: KPMG
India's data center industry is set to witness unprecedented growth, with revenue projected to reach nearly $46 billion by 2033, as per KPMG.
SEBI may let employees invest in SIPs through salary deductions
The Securities and Exchange Board of India (SEBI) has proposed a new initiative to allow employees to invest in mutual funds through payroll deductions.
Why aluminum prices are hitting record highs
Aluminum prices are hitting multi-year highs, with the London Metal Exchange (LME) trading at over $3,600 per ton and the Multi-Commodity Exchange (MCX) hovering around ₹390/kg.
SoftBank shares soar to record high on OpenAI IPO speculation
SoftBank Group Corp.'s shares have surged to a new all-time high, driven by expectations of hefty returns from its investments in OpenAI and SB Energy Corp.
India turns net importer of finished steel
India has become a net importer of finished steel, as per provisional government data.
LIC stock surges as 1:1 bonus issue record date nears
Life Insurance Corporation of India (LIC) shares have witnessed a significant surge, rising as much as 4% to hit an intraday high of ₹813 on the BSE today.
Melody effect: Wrong 'Parle' share hits upper circuit again today
Shares of Parle Industries, a Mumbai-based infrastructure and real estate firm, have hit the 5% upper circuit for the fourth consecutive session today.
Vodafone Idea shares hit record high: What's the reason?
Vodafone Idea's shares have hit a record high, extending their winning streak for the fifth consecutive session.