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Prasol Chemicals rebounds to upper circuit, peers rally on debut
Prasol Chemicals shares surged to the upper circuit limit after debuting at a discount, while Glass Wall Systems and Kanohar Electricals extended their gains on the NSE.
Hero Motors opens ₹1,000cr IPO, retail portion 1.96x subscribed
Hero Motors' ₹1,000-crore IPO was subscribed 1.18 times on the first day, with retail investors leading the charge and listing expected on September 23.
Delhi shopkeepers urge cash after 0.4% fee on digital payments
Delhi traders are advocating for cash transactions to circumvent a new 0.4% fee on UPI payments exceeding Rs 2,000, impacting merchants with tight profit margins.
India likely to extend RoDTEP refunds scheme for 5 years
India is considering extending the RoDTEP scheme for another five years to support exporters, with a proposed allocation of ₹23,000 crore for 2026-27.
Nobel laureate Michael Kremer named World Bank chief economist
Nobel Prize-winning economist Michael Kremer will become the World Bank's chief economist on October 1, succeeding Indermit Gill and addressing global development challenges.
Reach cuts 220 editorial jobs amid shift to AI content
Reach, the publisher of the Mirror and Express, is cutting 220 editorial jobs due to a decline in online traffic as readers increasingly prefer AI-generated content summaries.
Gold gains 1.31% to $4,384 as Fed rate decision nears
Spot gold surged nearly 1% to $4,384 per ounce on Wednesday as easing oil prices and cautious market sentiment preceded the Federal Reserve's anticipated rate decision.
Digital Asset Market Clarity Act fails, Bitcoin ETFs lose $450 million
U.S. spot bitcoin ETFs experienced a $450 million outflow on Tuesday after the Senate failed to advance the Digital Asset Market Clarity Act.
Flipkart's Big Billion Days sale starts October 9: Check deals
Flipkart has announced the dates for its highly-anticipated Big Billion Days sale 2026.
UK inflation 3.1% in August as fuel and airfares rise
UK inflation surged to a five-month high in August, driven by rising fuel prices, increasing pressure on the Bank of England to consider rate hikes later this year.
KFintech builds AI gateway as it integrates Codex and Claude
Nazish Hussain Mir, CTO of KFintech, emphasizes the necessity for employees to embrace AI advancements while retaining individual choice in their specific applications.
US Senate votes down Clarity Act, $571 million crypto liquidated
The Senate's rejection of the Clarity Act led to $570 million in crypto long positions being liquidated, marking the largest such event since August 22.
India-Canada trade deal negotiations might be done by 2026-end
India and Canada are in the final stages of negotiating a Comprehensive Economic Partnership Agreement (CEPA), with hopes to conclude it by the end of this year.
India to levy MDR on merchant UPI payments over ₹2,000
Industry leaders Ashneer Grover, Upasana Taku, and Sameer Nigam express differing views on the newly imposed UPI merchant discount rate (MDR).
Entain to cut 400 customer care roles despite £479m profit
Entain, owner of Ladbrokes, plans to cut 400 jobs following a better-than-expected profit report, citing higher UK taxes and challenging market conditions as key factors.
Union Cabinet raises India's EPFO salary cap to ₹25,000 monthly
The Union Cabinet has approved raising the wage ceiling for mandatory EPFO coverage from Rs 15,000 to Rs 25,000, benefiting approximately 51 lakh employees.
Study finds AI saves employees 2.3 hours daily amid anxiety
AI is saving workers an average of 2.3 hours daily, yet 83% fear job loss due to potential AI mistakes, highlighting a significant trust gap in workplace technology adoption.
Bitcoin mining faces toughest stretch with 50% hash rate drop
Bitcoin's network hashrate is 50% below its growth trend as miners pivot to artificial intelligence, seeking stable revenue streams beyond cryptocurrency price fluctuations.
Air India and flydubai launch single-ticket travel to 80+ destinations
Air India has formed an interline partnership with flydubai, enhancing access to over 80 destinations and connecting passengers through Dubai to a broader international network.
Patanjali Foods shares jump after favorable Delhi High Court ruling
Patanjali Foods shares surged 5% on the NSE amid increased trading volumes, driven by a significant legal victory and strong Q1 FY27 financial performance.
ByteDance posts $120B H1 2026 revenue, profits drop to $20B
ByteDance's revenue surged over 30% to $120 billion, driven by international growth, while increased AI spending led to a dip in net profit to $20 billion.
Government will introduce 0.4% UPI merchant fee from October 15
Opposition MPs expressed concern over the government's decision to levy a 0.4% fee on UPI payments above ₹2,000 to merchants, calling it an "anti-people" move.
Oil prices slide as Fed decision looms amid strong dollar
Oil prices dipped in early European trading as the market anticipates the Federal Reserve's interest-rate decision, amid ongoing Middle East supply disruptions.
European stocks climb after oil calms as investors watch Fed
European shares bounced back after two days of losses, as a pause in oil price increases eased pressure on risk assets ahead of the Federal Reserve's policy decision.
India's data center pipeline 3,860 MW backed by US$29.9bn
India's data centre development pipeline is set to reach 3,860 MW by 2030, requiring nearly $29.9 billion in capital, with significant growth in Mumbai, Hyderabad, and Chennai.
Indian fuel retailers seek MDR waiver on UPI above ₹2,000
Fuel retailers are requesting the government to exempt transactions above ₹2,000 from a flat Merchant Discount Rate (MDR) of ₹5, citing thin margins and operational challenges.
Paytm shares climb after government announces 0.4% P2M UPI MDR
Paytm shares rose over 7% in early trade after the government announced a 0.4% Merchant Discount Rate on UPI payments above Rs 2,000, effective October 15.
NSE IPO: Selling shareholders eye ₹16,500cr profit
The selling shareholders of the National Stock Exchange (NSE) are poised to make huge profits from its much-anticipated initial public offering (IPO).
Bureau of Indian Standards raises gold hallmarking fee to ₹75
The Bureau of Indian Standards has raised the gold hallmarking fee from ₹45 to ₹75 per article, impacting jewellers as India enters the festive and wedding-buying season.
Why Tata stocks fell up to 7% today
Tata Group stocks witnessed a major fall today, with losses of as much as 7%.
LCC Projects IPO oversubscribed 48.51 times to list at ₹190
LCC Projects is set to debut on the BSE and NSE tomorrow at 10:00 IST, with a grey market premium of ₹44 indicating a potential listing price of ₹190.
ESDS Software Solution's shares fall 5% but remain up 129.07%
ESDS Software Solution shares fell 5% to hit the lower circuit on Wednesday, yet remain up 129.07% from their listing price of Rs 757 per share.
JPMorgan predicts RBI will raise rates 0.5% by year end
JPMorgan anticipates the Reserve Bank of India will implement two 25-basis-point rate hikes in October and December, driven by rising inflation pressures.
TikTok founder becomes Asia's richest, overtaking Gautam Adani
Zhang Yiming, the founder of ByteDance, has surpassed Indian billionaire Gautam Adani to become Asia's richest person.
Nithin Kamath says UPI MDR could raise costs for brokers
Zerodha co-founder Nithin Kamath has raised concerns over the proposed Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions.
Unimech Aerospace to raise 750cr QIP, boost public shareholding
Unimech Aerospace is set to launch a qualified institutional placement (QIP) to raise Rs 750 crore, aiming to meet public shareholding requirements and fund growth.
NPCI to levy 0.4% MDR on UPI payments above ₹2,000
The National Payments Corporation of India has introduced a 0.4% Merchant Discount Rate for person-to-merchant UPI transactions over ₹2,000, effective October 15, 2026.
Zhang Yiming overtakes Gautam Adani with $105 billion fortune
Zhang Yiming, founder of ByteDance, has surpassed Gautam Adani as Asia's richest person, with his fortune exceeding $105 billion due to the booming artificial intelligence sector.
Memory chip shortage squeezes affordable devices and risks smartphone shipments
A memory chip shortage, expected to last through 2027, is driving up costs for budget devices as manufacturers face supply constraints and increased component prices.
AI fears push GE Vernova and CG Power stocks down
Power capex stocks like GE Vernova and CG Power fell up to 16% in two days as global caution over AI development intensified.
Anew Labs raises $290 million, valued $1.5B as ByteDance retains majority
ByteDance's AI drugmaker, Anew Labs, has raised $290 million at a $1.5 billion valuation, with ByteDance retaining a 56% stake, according to sources.
OpenAI seeks fresh funding at $1.2T valuation
OpenAI, the artificial intelligence (AI) company behind ChatGPT, is in early-stage talks for a new funding round.
Tata Group shares fall amid investor selloff over IPO buzz
Tata Group stocks fell up to 7% on Wednesday as investors booked profits following Tuesday's sharp rally, driven by renewed expectations of a potential Tata Sons IPO.
NSE IPO excitement cools as gray market premium nears ₹152
The grey market premium for the NSE IPO has slightly decreased to around 8-9% as investor caution grows due to declining derivatives trading volumes and regulatory changes.
SEBI temporarily allows arbitrage funds 1% unhedged for closing auctions
SEBI has temporarily allowed arbitrage mutual funds to carry unhedged positions up to 1% of their plans, aiming to enhance liquidity in the struggling stock closing auction.
AU SFB crosses ₹50,000cr vehicle loans as of Aug 2026
AU Small Finance Bank's vehicle loan portfolio has surpassed ₹50,000 crore in Assets Under Management as of August 2026, marking significant growth with a three-year CAGR of 26%.
NSE IPO could net 17,035cr at ₹1,785 per share
The selling shareholders of the National Stock Exchange are poised to gain approximately Rs 16,500 crore from its highly anticipated initial public offering.
New Zealand ratifies landmark free trade deal with India
New Zealand's parliament has approved a landmark free trade agreement with India.
ATM-related shares up by 5% today: What's the reason?
Shares of cash management companies Radiant Cash Management and CMS Info Systems surged up to 5.4% and 5%, respectively, today.
Just 17% merchants willing to bear 0.4% UPI charges: Survey
A survey conducted by LocalCircles has revealed that only 17% of merchants are willing to bear a Merchant Discount Rate (MDR) of 0.4% on Unified Payments Interface (UPI) transactions over ₹2,000.
MV Electrosystems shares jump 10% to ₹848.20 near 52-week high
MV Electrosystems shares surged 10% to ₹848.20, nearly doubling from their ₹425 IPO price, driven by strategic growth initiatives despite recent financial losses.
India's UPI MDR may yield ₹17,000-18,000cr from 0.4% fee
The new UPI merchant discount rate framework could generate an additional ₹18,000 crore for the payments ecosystem, potentially increasing Paytm's earnings by up to 50% by FY28.
Jindal Supreme IPO fully subscribed in 30 minutes
The Initial Public Offering (IPO) of Jindal Supreme has been fully subscribed within just 30 minutes of its opening on the first day.
Paytm, MobiKwik rally as UPI fees open new revenue stream
Shares of One97 Communications (Paytm's parent company), CMS Info Systems, One Mobikwik, Yes Bank, and others have surged in trade today.
New Zealand Parliament passes legislation to implement the India FTA
The India-New Zealand trade deal removes tariffs, giving Indian exporters duty-free access to New Zealand, while Indian consumers gain more choices and competition.
US advances bill that could hit India with 100% tariffs
The United States House of Representatives has advanced a Russia sanctions bill that could impose tariffs as high as 100% on Indian goods.
HDFC Bank stock ₹716 as RBI receives CEO succession names
HDFC Bank shares traded flat at ₹716 on the NSE after a previous session surge of nearly 3% due to progress in its CEO succession process.
October 15 select-merchant UPI transactions above ₹2,000 face 0.4% MDR
ATM-related stocks, including Radiant Cash Management and CMS Info Systems, rose up to 5% following the announcement of a new UPI MDR fee on transactions over Rs 2,000.
A-One Steels launches ₹405cr IPO scaled-back from ₹650cr plan
A-One Steels India Ltd is set to open its ₹405 crore Initial Public Offering on September 24, featuring a fresh issue of ₹355 crore and an Offer For Sale of ₹50 crore.
India and Canada near CEPA agreement, target end of 2026
India and Canada are striving to conclude their Comprehensive Economic Partnership Agreement negotiations by the end of 2026, with significant progress already made.
CBIC to deploy AI and real time tax tools
The CBIC chief emphasized accelerating AI usage to minimize costs and physical interactions with trusted taxpayers, aiming for a near-touchless, paperless customs experience.
Ashneer Grover calls UPI merchant charge over ₹2,000 a 'tax'
Entrepreneur Ashneer Grover criticized the new merchant charge on UPI transactions above ₹2,000, arguing it ultimately impacts consumers and should be labeled a tax.
UK inflation rises to 3.1% as energy costs squeeze households
UK inflation increased to 3.1% in August, driven by soaring energy prices amid the Iran war, intensifying financial strain on British households and businesses.
Only 17% merchants willing to accept NPCI's 0.4% UPI MDR
A LocalCircles survey reveals only 17% of merchants are willing to absorb a 0.4% Merchant Discount Rate on UPI transactions above ₹2,000, starting October 2026.
Nifty 50 slips 5.75% below 200-day MA amid oil, yields
The Nifty 50 has fallen further below its 200-day moving average, signaling potential bearish trends amid rising US bond yields and crude oil prices.
UPI merchant-fee policy and management moves boost Yes Bank 4%
Yes Bank shares surged 4% on September 16, driven by management changes and positive brokerage estimates regarding the revised UPI merchant discount rate structure.
UPI MDR: Who gets what from new merchant fees?
The National Payments Corporation of India (NPCI) has released a circular detailing the distribution of the new merchant discount rate (MDR) for Unified Payments Interface (UPI) transactions.
Klaas Knot among frontrunners to replace Christine Lagarde at ECB
Klaas Knot, former Dutch central bank chief, is a leading candidate to succeed Christine Lagarde as European Central Bank president, according to Reuters sources.
Glass Wall Systems shares rise over 13% on NSE debut
Glass Wall Systems shares debuted on the NSE with a 6.5% premium, listing at ₹194, and later gained over 13% from the offer price of ₹182.
Jindal Supreme IPO fully subscribed within half an hour
The Jindal Supreme IPO achieved full subscription within 30 minutes of its Day 1 opening, while the grey market premium (GMP) showed an upward trend.
Japan exports rise 19.3% in August, semiconductors jump 52%
Japan's export growth remained robust in August, with a 19.3% year-on-year increase driven by a surge in semiconductor shipments, despite a slight slowdown from July's 23.2% gain.
This week's tech: US sanctions, iOS 27 and RBI MDR
The RBI introduces MDR on large-value UPI transactions to enhance sustainability. Meanwhile, Apple rolls out iOS 27 with new Siri AI features for compatible iPhones.
Godavari Biorefineries shares climb nearly 10% after Chinese patent
Shares of Godavari Biorefineries soared nearly 10% after announcing a Chinese patent for a compound targeting viral infections, boosting investor confidence and trading volumes.
Anthropic leases Queensland Western Downs data center opening next year
AI giant Anthropic has secured a lease for its first Australian datacentre in western Queensland, with the $31.9 billion facility set to open next year.
Collinson Group invests £500 million to expand Priority Pass lounges
Priority Pass is set to expand its global lounge network and introduce AI-driven features, enhancing the travel experience for premium credit-card users worldwide.
SK Hynix ends bonus dispute, grants 1-half cash 1-half shares
SK Hynix's union has approved a deal to pay half of profit-sharing bonuses in cash, resolving a dispute that threatened production at the major memory chipmaker.
Prasol Chemicals shares open nearly 10% below IPO price
Prasol Chemicals listed at a 9.7% discount to its IPO price of ₹676, opening at ₹610 on the NSE and ₹611 on the BSE, trading below its IPO price despite a brief rebound.
India's Sensex and Nifty rebound despite high oil, foreign selling
Sensex and Nifty rebounded on September 16, 2026, with Sensex climbing 244.02 points and Nifty rising 77.20 points after sharp losses in the previous session.
PC Jeweller shares down 6% Wednesday, over 13% weekly fall
PC Jeweller's share price dropped 6% today, marking a 13% decline over the week as investors booked profits amidst ongoing debt repayment efforts.
Rupee slips to 95.91 per US dollar amid foreign outflows
The rupee fell 3 paise to 95.91 against the US dollar in early trade on Wednesday, pressured by a strong American currency and foreign fund outflows.
KOSPI rises as Samsung Electronics and SK Hynix rally
South Korean shares rose on Wednesday, driven by gains in major chipmakers like Samsung Electronics and SK Hynix, as investors awaited the Federal Reserve’s interest-rate decision.
Molbio Diagnostics drops 8.8% to ₹1,229.65 still 50%+ above IPO
Molbio Diagnostics shares fell 9% recently, losing 18.5% over two days after a strong rally, despite still trading over 50% above their IPO price.
Anthropic leases data center near Brisbane citing political stability, renewables
Anthropic has secured a lease for a massive data centre in Australia, capitalizing on the country's renewable resources and political climate to expand its global infrastructure.
Ajit Manocha urges partnerships to attract chipmakers to India
India must develop a robust semiconductor ecosystem and strengthen government-to-government partnerships to attract global players, according to SEMI CEO Ajit Manocha.
Hero Motors opens IPO priced ₹79-₹84 to raise ₹1,000 cr
Hero Motors' Rs 1,000 crore IPO opens today, with a grey market premium suggesting potential 23% listing gains. The subscription window closes on September 18, 2026.
PhonePe handles 11.19 billion UPI transactions in India in August
PhonePe achieved a milestone by crossing 11.19 billion UPI transactions in August, while Google Pay approached 8 billion transactions, according to NPCI data.
Indian markets open strong, Sensex up 265.45 points, analysts warn
Sensex rose 265 points to 74,269, while Nifty reclaimed 23,200 due to value buying and gains in FMCG, auto, and bank shares.
Rupee opens 95.89 against US dollar amid Federal Reserve uncertainty
The Indian rupee opened at 95.89 against the US dollar, gaining 7 paise from the previous close, as markets await the US Federal Reserve's interest-rate decision.
Rupee gains to 95.89 as RBI sells dollars for support
The rupee opened 7 paise higher at 95.89 against the dollar, as markets anticipate the US Federal Reserve's interest rate decision, which could impact global borrowing costs.
UPI payments over ₹2,000 face 0.4% MDR charged to merchants
From October 15, a 0.4% Merchant Discount Rate (MDR) will apply to certain UPI transactions over Rs 2,000, creating new revenue streams for banks and payment companies.
SS Retail launches ₹500Cr IPO gray market signals 31% gains
The SS Retail IPO opens today, September 16, 2026, with a grey market premium indicating a potential listing gain of around 31%. Investors have until September 18 to subscribe.
Senate rejects Clarity Act, XRP slides almost 10% to $1.30
XRP plummeted nearly 10% to $1.30 as the U.S. Senate failed to advance the Clarity Act, while bitcoin slipped nearly 3% to just above $76,000.
Sam Altman: OpenAI may hit $1.2T, no IPO in 2026
OpenAI may soon receive a funding round valuing it at $1.2 trillion, potentially surpassing Anthropic's valuation ahead of its anticipated IPO.
Jindal Supreme opens IPO seeking ₹124.88cr with ₹27 gray-market premium
Jindal Supreme IPO opens for bidding with a grey market premium of ₹27, indicating potential listing gains of 29% over the issue price.
Rising oil and 10-year Treasury yield weigh on US stocks
Brent oil prices surged to $108, contributing to US market declines and pushing the Nifty to a five-month low as concerns over rate hikes intensified.
Federal Reserve's Kevin Warsh to announce rate decision 11:30pm IST
The Federal Reserve, led by Chairman Kevin Warsh, concludes its meeting today with a crucial rate decision announcement amid high inflation and market speculation.
Glass Wall Systems India Ltd ₹428-cr IPO 23% gray premium
Shares of Glass Wall Systems India Ltd. debut on Dalal Street today, trading at a 23% premium in the grey market, with shares quoted at ₹223 against the ₹182 offer price.
NVIDIA's Jensen Huang to attend Trump dinner for Xi Jinping
Nvidia CEO Jensen Huang will attend a state dinner hosted by U.S. President Donald Trump for Chinese President Xi Jinping, highlighting Nvidia's role in global AI discussions.
HSBC, ICICI Bank disbursed $19.3B in RBI-backed GIFT City scheme
HSBC and ICICI Bank have emerged as leading lenders in GIFT City, disbursing a combined $19.3 billion under the RBI's foreign-exchange swap program for non-resident Indians.
Autodesk CEO Andrew Anagnost lauds India's approachable ministers and workforce
Autodesk CEO Andrew Anagnost highlights Indian ministers' eagerness to integrate new technologies, fostering collaboration and innovation in the country.
Kearney report says Tamil Nadu could create ₹1.2L/cr annually
A Kearney report reveals that Tamil Nadu can generate over ₹1.2 lakh crore annually by enhancing revenue management and spending discipline, avoiding new taxes or borrowing.
Asian stocks barely moved as investors await US Fed decision
Asian stocks remained stable with MSCI’s Asian equities index up 0.1% as investors stayed cautious ahead of the Federal Reserve's interest-rate decision.
Kanohar Electricals expected listing at ₹824, 30.38% above IPO price
Kanohar Electricals is set to debut on NSE and BSE today, with a grey market premium of ₹192, indicating an expected listing price of ₹824 per share.
India stocks fall below $5 trillion as oil tops $100
Indian stock markets dropped below $5 trillion as crude oil prices surged past $100 a barrel and US bond yields exceeded 5%, impacting investor sentiment.
OpenAI could be valued at $1.2tn in investor led talks
OpenAI is in early discussions with investors for a new funding round, potentially valuing the company at $1.2 trillion, according to a Financial Times report.
RBI keeps Tata Sons NBFC status, Tata-Chemicals +20% Tata-Investment-Corporation +10%
Shares of Tata Group companies surged after the Reserve Bank of India denied Tata Sons' request to surrender its lender status, hinting at a potential listing for the conglomerate.
India's Reserve Bank sells dollars as rupee closes at 95.95
The Indian rupee weakened to a three-month low as Brent crude oil prices surged past $108 per barrel and US 10-year bond yields exceeded the 5% mark.
UK workers pay nearly £1 billion annually for GenAI tools
One in six UK workers is personally spending on AI tools for work, totaling nearly £1 billion annually, according to Deloitte's recent survey findings.
Commerce Department orders Kalshi remove AI tracker citing national security
The U.S. Commerce Department reportedly ordered Kalshi to remove its AI compute price tracker, citing national security concerns, according to a report by Semafor.
SS Retail raises ₹146.4 cr from anchor investors before IPO
SS Retail raised Rs 146.4 crore by issuing 34.52 lakh shares to institutional investors at the upper price band, ahead of its upcoming IPO.
Indian government exempts UPI credit card payments from 0.4% MDR
The government has clarified that credit card-linked UPI payments will not be subject to the new 0.4% Merchant Discount Rate (MDR), providing relief to consumers.
Hero Motors secures nearly ₹300cr from anchor investors before IPO
Hero Motors Ltd raised nearly ₹300 crore from anchor investors before its IPO, with shares allotted at ₹84 each, the top end of the price band.
India-New Zealand FTA might come into effect from October 19
The India-New Zealand Free Trade Agreement (FTA), signed on April 27, is expected to come into effect from October 19, as per PTI.
CBI probe against former NSE chief Chitra Ramakrishna to continue
The Supreme Court of India has refused to interfere with the Delhi High Court's decision, which held that the National Stock Exchange serves a public purpose and its officers perform public duties.
UPI payments above ₹2,000 to attract fees starting October 15
The National Payments Corporation of India (NPCI) has announced that a merchant discount rate (MDR) will be applicable on select person-to-merchant (P2M) unified payments interface (UPI) transactions from October 15.
Advance tax deadline is today: Key things to know
The deadline for advance tax filing is today. Taxpayers whose estimated tax liability after TDS/TCS exceeds ₹10,000 are required to pay this installment.
NSE IPO opens September 17, GMP hits 11%
The National Stock Exchange of India (NSE) will launch its initial public offering (IPO) on September 17.
India's unemployment rate eases to 5% in August
India's unemployment rate for adults (15 years and older) has marginally declined to 5% in August, from 5.1% in July, government data released on Tuesday showed.
Sensex tanks 1,300 points from day's high
The benchmark indices, Sensex and Nifty, witnessed a sharp decline on September 15 with the former plunging 1,300 points from intraday highs.
Flipkart creates 2.5L jobs in India ahead of festive season
E-commerce giant Flipkart has announced the creation of over 250,000 direct and indirect job opportunities across India.
Cleartrip's 'Elite' loyalty program is here: How it helps you
Cleartrip, the travel platform owned by Flipkart, has launched a new loyalty program called 'Elite.'
Accenture to pay $25M to settle DEI probe in US
Accenture, an IT consulting firm, has agreed to pay $25 million to the US government.
Musk's X settles antitrust lawsuit with Apple
Elon Musk's X Corp and SpaceXAI, a division of SpaceX, have resolved their antitrust lawsuit against Apple.
Samsung India's public affairs head Rajiv Aggarwal has quit
Rajiv Aggarwal, the head of public affairs and ESG at Samsung India, has resigned after nearly four years in the role.
OpenAI acquires smartphone camera tech firm for over $300M
OpenAI, the artificial intelligence (AI) giant behind ChatGPT, has acquired smartphone camera technology firm Glass Imaging for over $300 million.
Oracle workers face another wave of layoffs
Tech giant Oracle has reportedly started another round of job cuts.
Indian bonds see major decline today: What's the reason?
Indian bonds have taken a hit after the Reserve Bank of India (RBI) announced its plan to sell sovereign notes.
Rupee could hit 100 against US dollar soon, says UBS
The Indian rupee may weaken to triple digits against the US dollar within the next 12-18 months, Bhanu Baweja, Chief Strategist at UBS Investment Bank, has warned.
UPI charges explained: What changes for payments above ₹2,000?
The Indian government has said that no charges will be levied on Unified Payments Interface (UPI) transactions of up to ₹2,000.
Rice is becoming costlier in India. Reason? US-Iran war
Rice, a staple food in India, is becoming more expensive due to the ongoing US-Iran war.
India and Canada start 4th round of trade pact talks
India and Canada have entered the fourth round of negotiations for a Comprehensive Economic Partnership Agreement (CEPA).
Essar's retail arm to acquire UK forecourt operator for £400M
Essar Energy Transition's retail arm, EET Retail, has announced its plan to acquire independent UK forecourt operator SGN Retail.
Indian manufacturers race ahead of global firms in factory leasing
According to a recent report by Savills India, domestic manufacturers are leading the charge in India's industrial real estate sector.
AI stocks plunge as industry leaders urge slower model development
Global AI-related stocks witnessed a major dip on Monday, following Anthropic CEO Dario Amodei's call for a slowdown in the development of AI capabilities.
India's retail inflation rises to 4.82% in August
India's retail inflation surged to 4.82% in August, up from July's 4.45%, according to government data released today.
India extends 654MW power supply to Nepal through 2026
India has approved the export of 654 megawatts (MW) of electricity to Nepal Electricity Authority.
Indiabulls diversifies into fintech with ₹1,050cr deal
Indiabulls has announced its plan to acquire a 70% stake in Fintech Cloud Private Limited for ₹1,050 crore.
This auto component maker plans to raise $400M via IPO
Faridabad-based Victura Group, a leading manufacturer of auto components, has appointed Rothschild as an advisor for its upcoming public listing.
India's formal workforce grows, but women remain underrepresented
India's formal employment sector is witnessing rapid growth, with the Employees' Provident Fund Organization (EPFO) adding 69.03 lakh net members between April and July 2025.
InsuranceDekho co-founders consider stepping down ahead of IPO
InsuranceDekho's co-founders, Ankit Agrawal and Ish Babbar, are reportedly considering stepping down from their roles in the IPO-bound company.