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InterGlobe Aviation considers Embraer E2 jets to replace 46 ATRs
IndiGo is reportedly in early discussions with Embraer to acquire E2 regional jets, potentially replacing its ATR turboprops and marking a significant shift in its fleet strategy.
US job market loses 23,000 in July 2026, unemployment 4.1%
The US labor market shed 23,000 jobs in July 2026, while job gains for prior months were revised down sharply, reflecting a continued slowdown amid Middle East conflict.
US job market posts 1st loss since February, down 23,000
The U.S. economy shed 23,000 jobs in July, falling significantly short of the anticipated 80,000 gain and marking the second consecutive month of labor market weakness.
Airbnb sees 60% India surge, 1st-time bookers more than double
India emerged as one of Airbnb's fastest-growing origin markets in Q2 2026, with first-time bookers more than doubling and a 60% year-over-year surge in net nights booked.
State Bank of India becomes 1st bank crossing ₹50.47L/cr advances
State Bank of India (SBI) became the first Indian bank to surpass a ₹50 lakh crore loan book, accounting for 23% of total advances by scheduled commercial banks in India.
Network18 tops Comscore June 2026 global digital news rankings
Network18 has emerged as the world's No.1 digital news network, recording 376 million unique visitors in June 2026, surpassing global giants like NBCUniversal and Yahoo News.
HDFC Bank discusses 'Neev' AI with ₹2Cr proof in Bengaluru
HDFC Bank's Neev, a homegrown AI platform, began with a modest ₹2 crore investment and evolved into a scalable, purpose-driven solution for enterprise challenges.
Ola Electric trims losses to 336cr while revenue climbs QoQ
Ola Electric reported a reduced Q1 loss of Rs 336 crore, with revenue declining 45% YoY to Rs 455 crore but rebounding 72% sequentially from Q4.
Godrej Consumer Products Q1: ₹4,225cr revenue, ₹505cr profit, ₹5 dividend
Godrej Consumer Products Ltd reported a 19% year-on-year rise in consolidated revenue for Q1 FY27, reaching ₹4,225 crore, driven by 9% underlying volume growth.
L&T to triple precision engineering and systems revenue via drones
Larsen & Toubro anticipates tripling revenue from its drone-focused unit within five years, driven by increased production capacity and India's rapidly expanding UAV market.
Fossil eyes India IPO selling up to 25% raising $300 million
Fossil Group Inc. is reportedly preparing for an IPO of its India business, aiming to raise up to $300 million by selling a 25% stake early next year.
Nomura: AI created net 51,179 India jobs by Aug 2026
India recorded 83,100 AI-related hires compared to 31,921 layoffs, highlighting a net positive impact of AI adoption on employment, according to a Nomura report.
India's foreign exchange reserves at $692.9B after $10.5B rise
India's foreign exchange reserves are set to approach a near-record high, driven by robust capital inflows and effective Reserve Bank of India measures since early June.
Adani and Google kick off ₹30,000cr Visakhapatnam AI data center
Adani Group CFO Jugeshinder Singh revealed a targeted 12% dollar-equivalent ROI for the 1 GW AI data centre in Visakhapatnam.
ICICI Bank, Axis Bank to raise $600 million US dollar bonds
ICICI Bank and Axis Bank are raising $300 million each through U.S. dollar bonds, marking their second such issuance in under two months to leverage RBI's hedging facility.
Sensex and Nifty slip amid Middle East tensions, regulatory uncertainty
Indian markets snapped a two-day recovery as the Sensex fell 456 points and Nifty slipped 65 points, dragged by banking stocks and elevated crude oil prices.
Anthropic is looking to hire an Insider Risk Investigator
Anthropic is looking to hire an Insider Risk Investigator as AI companies ramp up efforts to safeguard sensitive data, employees, and infrastructure.
India's CAS switch steadied Sensex, Nifty still down from close
For the first time, volatility in Sensex and Nifty significantly reduced on August 7 during the post-Closing Auction Session, marking a shift from recent wild market swings.
Bitcoin steady at $64,700 despite Houthi attack on Saudi Arabia
Bitcoin remains steady near $64,700 as escalating Middle East tensions, driven by attacks in Saudi Arabia, push Brent crude above $83 and gold to $4,300 per ounce.
Retailers tap ChatGPT and Gemini as AI referrals drive $8B
Retailers are optimizing for chatbot-driven traffic but aim to retain purchases on their websites, safeguarding valuable customer data crucial for loyalty and sales.
RBI suggestion weighs on financials as Sensex falls 456 points
Sensex dropped 456 points to 78,499, and Nifty fell 65 points to 24,571 on Friday. Financial stocks, led by Bajaj Finance and ICICI Bank, dragged the market lower.
ONDC hits 500 million transactions, connects over 200,000 merchants
The government-backed ONDC has surpassed 500 million transactions, expanding its reach beyond e-commerce into mobility, public transport, tourism, and financial services.
Paras Defence and Space Technologies posts Q1 profit ₹21.22cr
Paras Defence reported a 42.7% profit growth in Q1 FY24, with net profit at ₹21.22 crore, while shares fell 2.9% post-results despite strong revenue and margin improvements.
Ardee Industries IPO oversubscribed by more than 98 times
Ardee Industries' ₹426-crore IPO saw overwhelming demand, with overall subscription reaching 98.07 times and the NII category oversubscribed by an impressive 233.29 times.
Gold tops $4,300 as silver jumps after Fed odds slip
Gold surpassed $4,300 an ounce, while silver surged 5% to $65, driven by expectations of softer US interest rates and ongoing geopolitical uncertainties boosting investor demand.
Vinay Dube backs airports owning airlines, Rahul Bhatia warns
Akasa Air CEO Vinay Dube supports allowing airport operators to own and run airlines, citing increased competition, despite opposition from IndiGo's Rahul Bhatia.
SBI Q1 net profit rises 10% to ₹21,121cr
The State Bank of India (SBI) has reported a net profit of ₹21,121.22 crore for the June quarter (Q1FY27), marking a year-on-year increase of 10.23%.
Ixigo stock falls 15.4% after FY27 Q1 EBITDA miss
Ixigo shares plunged 15% after Q1 margins fell short of analysts' estimates, despite revenue and profit growth driven by strong performance in bus and flight segments.
SECI round-the-clock auction settles at ₹5.25 per unit, 90% availability
India's renewable energy sector showcases its maturity with the discovery of a competitive ₹5.25/unit tariff in SECI's latest round-the-clock (RTC) energy auction.
Akasa Air to hire over 500 pilots in 3 years
Akasa Air will recruit over 500 pilots and add more than 12 planes annually for three years, aiming to boost international capacity to 40% and enhance operational efficiency.
Lok Sabha passes MSME Bill: What it means for businesses
The Lok Sabha has passed the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026.
SK Hynix invests $38B expanding memory factories in South Korea
SK Hynix Inc. announced a $38 billion investment to expand its chipmaking facilities in South Korea, aiming to double memory production capacity and meet growing AI-driven demand.
Premier Energies posts over 53% net profit to ₹471.9Cr Q1FY27
Premier Energies reported a 53% year-on-year rise in Q1 FY27 net profit to ₹472 crore, driven by increased revenues and robust solar manufacturing expansion.
India imports record $131.63B from China as dependence deepens
India's imports from China surged to a record $131.6 billion in FY26, driven by demand for industrial inputs, electronics, and critical materials essential for key sectors.
Lupin Q1 profit rises 16% to ₹1,416.98cr, revenue up 32%
Lupin Ltd reported a 16% increase in consolidated Profit After Tax (PAT) at ₹1,416.98 crore for Q1 FY27, driven by robust growth across key markets and improved profitability.
Wonderful CTO Roey Lalazar says India will host 1,000 engineers
Enterprise AI startup Wonderful aims to hire up to 1,000 forward-deployed engineers in India within 10-12 months, as it positions the country as a key growth market.
India financial regulators meet global investors to cut red tape
Indian officials are meeting Foreign Portfolio Investors to address regulatory concerns and tax issues, aiming to attract fresh foreign capital amid market challenges.
Meta employee delays starting family amid maternity leave layoff fears
A Meta employee revealed on Blind that fears of layoffs and unstable job security have forced her to indefinitely delay plans for starting a family.
Vikram Solar posts Q1 FY2027 profit drop 85% to ₹20cr
Vikram Solar reported an 85% drop in consolidated net profit to ₹20 crore in Q1 FY26, driven by a significant rise in total expenses to ₹1,550.49 crore.
India retail inflation likely at 4.50% in July: Reuters poll
India's consumer inflation likely rose to 4.50% in July, driven by higher food prices amid uneven rainfall, marking the second consecutive month above the RBI's 4% target.
RBI to hand export credit subsidy scheme to EXIM Bank
India has transitioned the implementation of the Interest Subvention Scheme for exporters from the Reserve Bank of India (RBI) to the Export-Import Bank of India (EXIM Bank).
India shifts LPG imports to US amid Gulf supply disruptions
India's LPG imports saw a major transformation in 2026, with US supplies surging to 73% in July, while Gulf contributions plummeted due to disruptions in the Strait of Hormuz.
FAA orders inspection of hundreds of Boeing 737 Max jets
The US Federal Aviation Administration (FAA) has ordered airlines operating 471 Boeing 737 MAX jets to inspect a specific component for possible cracks.
HSBC says EM funds underweight India and $25B inflow potential
Over 80% of global emerging-market funds remain underweight on India, but HSBC estimates even a partial shift toward neutral could unlock $25 billion in foreign inflows.
Relief for Dabur! HC stays FSSAI order against '100%' labels
The Delhi High Court has stayed an order by the Food Safety and Standards Authority of India (FSSAI) that banned Dabur India from selling several food products.
RBI proposes lending, risk reforms to expand RCB housing loans
The RBI's proposed draft directions aim to modernize lending rules for Rural Cooperative Banks, balancing stricter risk controls with enhanced housing loan flexibility.
Lok Sabha passes MSME amendment bill to speed supplier payments
The Lok Sabha approved the MSME Development Amendment Bill, 2026, without debate amid opposition protests, aiming to streamline payment mechanisms and support small businesses.
Larsen and Toubro wins ₹5,000cr-₹10,000cr ONGC offshore west coast contract
L&T Energy Hydrocarbon Offshore has bagged a "major" order worth ₹5,000-10,000 crore from ONGC for pipeline replacement and well head platforms off India's west coast.
V Anantha Nageswaran warns AI risks at ASSOCHAM FinTech Festival
Chief Economic Adviser V. Anantha Nageswaran emphasized the need for a proactive focus on artificial intelligence's safety and security, particularly in India's financial sector.
Airtel, Vi get relief in ₹3,300cr spectrum charge case
The Supreme Court of India has refused to stay a Bombay High Court order quashing the government's demand for one-time spectrum charges from telecom companies.
Supreme Court lets Delhi High Court continue $2.31bn Reliance hearing
The Supreme Court permitted the Delhi High Court to continue hearing the Centre's $2.31 billion claim against Reliance Industries over the Panna-Mukta and Tapti oilfields dispute.
India on track to exceed ₹80,000cr divestment target this fiscal
India is set to surpass its Rs 80,000 crore divestment target this fiscal year, driven by stake sales in state-run firms and robust asset monetisation efforts.
Gold posts biggest weekly rise since January, tops $4,200
Gold prices surged past $4,200 per ounce, driven by easing US rate-hike expectations and optimism over a potential diplomatic resolution in West Asia.
Dabur gets Delhi High Court stay on FSSAI labeling ban
The Delhi High Court has stayed FSSAI's order banning Dabur's products over "100%" claims, citing lack of prior notice and opportunity for the company to respond.
Sensex drops over 500 points: What's behind today's decline?
India's benchmark equity indices, Sensex and Nifty, fell on Friday. The fall was mainly due to losses in financial stocks and rising crude oil prices.
Eighth Pay Commission hears employees and pensioners in New Delhi
The 8th Pay Commission begins fresh consultations in New Delhi, focusing on employee and pensioner demands like higher pay, pension reforms, and inflation protection.
Airtel boosts data center expansion with new acquisitions
Bharti Airtel's data center arm, Nxtra Data, has announced plans to acquire up to an 85% stake each in Rochak Systems and Rovision Tech Hub, newly incorporated entities in India that propose to develop land for the construction of data centers and are yet to commence commercial operations.
Lupin Q1 June 2026 income over 25% profit nearly 28%
Lupin reported standalone net sales of Rs 7,171.90 crore in June 2026, marking a 25.63% year-on-year growth from Rs 5,708.59 crore in June 2025.
India's only bullion exchange faces leadership shake-up
Ashok Kumar Gautam, the first CEO of India International Bullion Exchange IFSC Ltd. (IIBX), has resigned from his position.
India's FCNR(B) scheme attracts $41B aims $100B by September
The Reserve Bank of India's FCNR(B) deposit scheme has garnered $41 billion so far, with Jefferies projecting total inflows to reach $80-100 billion by September 30.
Akasa Air launches loyalty program 'Akasa Elevate'
Akasa Air has launched its first-ever loyalty program, 'Akasa Elevate,' to attract frequent flyers.
Supreme Court refuses stay, Airtel and Vodafone Idea served notices
The Supreme Court declined to stay the Bombay High Court's order quashing the ₹3,300 crore one-time spectrum charge on telecom firms for excess spectrum usage from 2008-2012.
PayGlocal to raise ₹36.38cr from BEENEXT, valuation ₹1,140cr
PayGlocal is raising Rs 36.38 crore ($3.84 million) from BEENEXT, marking its first funding round in over four years, boosting its valuation by 31.8% to $120 million.
China's July exports nearly 24% higher while imports climb 27.5%
China's exports grew 24% year-on-year in July, down from June's 27%, as typhoon disruptions and narrowing trade surplus tempered robust demand for high-tech products.
Crompton Greaves shares fall 7% despite 15.2% PAT growth
Crompton Greaves Consumer Electricals shares plunged 7% to ₹250 on Friday, despite reporting a 15.2% YoY PAT growth and an 11.8% revenue increase in Q1 FY27.
EPFO processed 8,30,94,388 claims in 2025-26, Shobha Karandlaje told Parliament
EPFO processed over 8.3 crore claims in FY 2025-26, marking a significant rise from the previous year. The removal of cheque upload requirements benefited nearly 7 crore members.
US President Trump says war with Iran could end soon
US President Donald Trump predicts the Iran war will conclude soon. Meanwhile, SBI's Q1 results are awaited, and Alibaba plans revenue-sharing for its next open-source AI model.
Indian solar exports face 15% US tariff under Trump order
The United States has announced a 15% tariff on solar cells and modules imported from India and other countries.
Strait of Hormuz tensions push Indian businesses' shipping costs higher
Disruptions near the Strait of Hormuz have surged freight rates and war-risk charges, pushing landed costs up by 35-50%, with ripple effects likely to raise consumer prices.
Kalyan Jewellers shares hit ₹629 after Jefferies buy, ₹830 target
Kalyan Jewellers shares rose 5% after Jefferies initiated coverage with a 'Buy' rating and Rs 830 target, following a remarkable 63% rally in just one month.
Swiggy posts ₹350cr June quarter profit amid 8.58% sales decline
Swiggy reported standalone net sales of Rs 2,462.00 crore in June 2026, marking an 8.58% decline from Rs 2,693.00 crore in June 2025.
Big crypto players buy over 20,000 bitcoin since July 29
Bitcoin whales have accumulated $1.2 billion in BTC since July 29, while U.S. spot ETFs recorded $754 million in inflows this week, signaling renewed institutional interest.
SpaceX stock rises more than 6% after 911.5 million shares unlock
SpaceX shares jumped over 6% on Thursday as the first lockup expiry more than doubled its public float, with $23 billion worth of shares traded in heavy market activity.
Ashok Kumar Gautam resigns as IIBX chief, cites personal reasons
Ashok Kumar Gautam, CEO of India International Bullion Exchange, has resigned, posing challenges for the struggling platform in India's massive gold market.
India's proposal could end 0-MDR on UPI, Nirmala Sitharaman says
The proposed removal of UPI's zero MDR guarantee has triggered reactions from politicians, industry leaders, and users, raising concerns about digital payment costs.
Akasa Air launches Akasa Elevate rewards program on 4th anniversary
Akasa Air introduces 'Akasa Elevate,' its first loyalty programme, offering rapid tier upgrades, flexible travel benefits, and rewards to attract frequent and corporate flyers.
Quant Mutual Fund shifts to small caps citing market chill
Quant Mutual Fund increases IT services exposure and identifies "anti-AI" trade opportunities, anticipating market consolidation with alpha generation in small- and mid-cap stocks.
ACME Solar sales jump 701.78% to ₹2,266.31cr, net profit ₹121.7cr
ACME Solar's standalone net sales surged 701.78% year-on-year to Rs 2,266.31 crore in June 2026, with net profit skyrocketing by 14,869.62% to Rs 121.70 crore.
Japan spent nearly $40 billion amid 11.7 trillion yen intervention
Japan executed its largest-ever single-day currency intervention, deploying nearly $40 billion to stabilize the yen as it faces persistent depreciation against the dollar.
RBI bars banks blocking devices over missed EMIs Jan 2027
The RBI has barred banks from remotely disabling mobile phones, laptops, or tablets for loan defaults unless the device was specifically financed by the lender.
Bitcoin wallet dormant since 2011 moves $3.2 million August 6, 2026
A bitcoin wallet inactive since 2011 transferred nearly 50 BTC, valued at $3.2 million, to a SegWit address linked to institutional brokerage FalconX on Thursday.
Xiaomi brings Mijia smart home products to India this year
Xiaomi introduces its global sub-brand Mijia to India, aiming to expand its connected home ecosystem and challenge established appliance giants like Samsung, LG, and Haier.
Behari Lal Engineering launches IPO ₹271-₹285, includes ₹93cr fresh issue
Behari Lal Engineering has announced its IPO price band at ₹271-285 per share, with subscriptions open from 12 to 14 August and listing expected on 19 August.
No, banks can't lock your phone over loan defaults: RBI
The Reserve Bank of India (RBI) has issued a new directive, barring banks from disabling mobile phones and laptops of defaulting borrowers.
TikTok to lay off 250 employees, shut Nashville office
TikTok has announced the layoff of 250 employees and the closure of its Nashville office.
MDR on UPI applies to merchants, not customers: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has clarified that the Merchant Discount Rate (MDR) on digital transactions applies to merchants, not customers.
KOSPI edges up 0.18% but set for 3rd weekly drop
South Korean stocks oscillated on Friday as investors evaluated U.S. corporate earnings and AI-related spending, with the KOSPI poised for a third consecutive weekly decline.
Sensex falls below 78,700 as oil gains make investors cautious
Indian stock markets opened lower as rising oil prices, driven by Strait of Hormuz tensions, weighed on investor sentiment. Sensex fell over 200 points, with Nifty nearing 24,600.
Trump imposes 15% tariff on polysilicon to counter China
The Trump administration has announced a 15% tariff on polysilicon products, a key component in the manufacturing of semiconductors and solar panels primarily produced by China.
Rupee opens at 95.28 after oil surge raises dollar demand
The Indian rupee opened 6 paise weaker at 95.28 per US dollar, driven by surging crude oil prices and geopolitical tensions in West Asia impacting India's inflation outlook.
Rapido's Ownly and Flipkart enter delivery market against Swiggy Zomato
India's food delivery market is heating up as new players like Rapido's Ownly and Flipkart challenge Swiggy and Zomato, aiming to capture the next 100 million online users.
China's exports soar 24% in July, driven by AI, EVs
China's exports witnessed a 23.9% surge in July, beating expectations and maintaining the momentum from June's significant rise.
Optimystix Entertainment opens ₹108.5cr IPO on NSE SME platform
Optimystix Entertainment's ₹108.5-crore IPO launches on the NSE SME platform today, August 7, with a price band of ₹166-₹175 per share and a grey market premium of 3%.
AMD to buy Toronto startup Taalas to boost AI inference
AMD has acquired Toronto-based chip startup Taalas to enhance its AI inference technology, aiming to compete in the growing market for real-time, cost-efficient AI deployments.
Rupee opens at 95.28 per US dollar amid rising crude
The Indian rupee opened 6 paise lower at 95.28 against the US dollar, as rising crude oil prices heightened concerns over inflation and widened trade deficits.
HSBC sells Tokyo HQ to Mitsubishi unit, leases until 2029
HSBC has sold its Tokyo headquarters to Mitsubishi HC Capital and will relocate to a new complex near Tokyo Station, set for completion in 2029.
Encube Ethicals founder Mehul Shah buys Juhu apartment for ₹106.52cr
Mehul Madhusudan Shah, founder of Encube Ethicals, purchased a ₹106.52 crore luxury apartment in Juhu's Lodha Avalon Tower A, located on the former Centaur Hotel plot.
Indian markets close higher as Sensex rises 374 to 78,955
Indian equity benchmarks are poised for a subdued opening on Friday, as cautious global cues and rising crude oil prices weigh on investor sentiment ahead of US payroll data.
Fusion Klassroom Edutech lists on BSE SME after 1.5x oversubscription
Fusion Klassroom Edutech's Rs 39.04-crore IPO, subscribed 1.50 times, debuts on the BSE SME platform today with no grey market premium (GMP), signaling a flat market opening.
China exports surge 23.9% in July, $112.5 billion surplus
China's exports rose 23.9% in July, driven by AI-related electronics and electric vehicles, despite disruptions from Typhoon Bavi impacting major ports in eastern China.
Australian AI firmus secures $2 billion from NVIDIA and Blackstone
Firmus raised $2 billion in equity, boosting its valuation to over $10.5 billion, with backing from Nvidia and Coatue to expand AI infrastructure in Asia-Pacific.
Bitcoin slips to $64,358 amid tight $64,000 to $65,000 range
Bitcoin traded near $64,358 on August 7, facing selling pressure at $65,000 as cautious market sentiment and macroeconomic factors limited upward momentum.
OpenAI's Marc Manara says Indian startups prioritize AI cost management
Indian startups focus on optimizing AI costs earlier than Silicon Valley counterparts, especially in consumer-facing sectors, says OpenAI's global head of startups Marc Manara.
Nxtra Data to buy up to 85% of 2 firms
Nxtra Data, Bharti Airtel's data centre arm, is acquiring 85% stakes in Rochak Systems and Rovision Tech Hub to boost its capacity from 120 MW to 1 GW in coming years.
US announces 15% tariff on Indian solar cells and modules
The US has introduced a 15% tariff on imported solar cells and modules, effective December 4, with no exemptions for Indian exporters despite their growing market presence.
Amit Joshi sees AI infrastructure driving India's next wealth wave
Amit Joshi highlights AI infrastructure as India's key investment opportunity, emphasizing its role in powering the global AI ecosystem beyond software-driven growth.
SBI Q1 results expected NII 11.5% to 45,800cr profit 30,000cr
India's largest lender, State Bank of India (SBI), is set to announce its June quarter results today, with steady growth, stable asset quality, and margins being key focus areas.
EPFO warns inactive provident fund accounts stop earning interest
The EPFO urges members to withdraw their EPF savings within prescribed timelines to prevent interest loss, emphasizing timely action for effective retirement fund management.
Oil prices rise Friday as Strait of Hormuz worries grow
Brent crude climbed to $83.48 per barrel as Iran proposed restricting hostile vessels in the vital Strait of Hormuz, fueling concerns over global oil supply disruptions.
Bengaluru startup Voxelgrids saved by Tata Trusts and Sridhar Vembu
Voxelgrids, India's first indigenous MRI machine maker, survived MNC takeover threats during COVID-19 thanks to crucial funding from Tata Trusts and Zoho founder Sridhar Vembu.
US sets 15% tariff, minimum prices for polysilicon imports
The White House announced price floors and a 15% tariff on polysilicon products, aiming to strengthen U.S. solar and semiconductor supply chains against Chinese competition.
Asian markets volatile as investors await US July jobs report
Asian shares fluctuated amid investor caution, with attention focused on Friday’s US jobs report. Treasury yields held steady, while oil prices surged on Middle East tensions.
RBI mandates 1-hour device restoration from January 1, 2027
The Reserve Bank of India has eased regulations on mobile device loans, mandating functionality restoration within one hour of payment confirmation by lenders.
India plans digital gold rules by 2027 to protect buyers
India is set to introduce a regulatory framework for digital gold next year, aiming to protect consumers and curb fraud as the market gains popularity.
Rare U.S.-Japan intervention briefly strengthened yen then it weakened
The yen has given up nearly half of its intervention-driven gains, trading around 158.45 per dollar, as traders speculate on the possibility of further market intervention.
Meta ordered to pay $567 million for harming children's mental health
A New Mexico court has mandated Meta to pay $567 million, allocating $420 million for youth mental health treatment and addressing platform-related harms to children.
SEBI launches closing auction session to improve India stock closings
Sebi's new Closing Auction Session (CAS) aims to improve closing price reliability and transparency, aligning Indian equity markets with global best practices.
India could earn $110 billion annually from processed food exports
India, with 14% of the world's arable land, misses $110 billion annually in processed-food exports due to infrastructure gaps and regulatory challenges, reveals an NCAER report.
Oil prices jump as Iran reportedly struck Hormuz targets
Oil prices rose over 1% after reports of Iranian strikes in the Strait of Hormuz, heightening concerns about restricted Persian Gulf exports and escalating regional tensions.
US layoffs fall to lowest July level in 2 years
Layoffs in July dropped 27% from June, marking the lowest level in two years, as AI-driven job cuts reshape industries without dismantling overall hiring trends.
Ashok Lahiri: India could reach $20,000 per capita by 2047
India's per capita income could grow over six times by 2047, says NITI Aayog Vice Chairman Ashok Lahiri, emphasizing investment, savings, and structural reforms.
IIT Madras startup Solinas Integrity raises $5.5 million for water infrastructure
Solinas Integrity, an IIT Madras-incubated robotics firm, raised $5.5 million in Series A1 funding to scale operations in India and expand into global markets like the Middle East.
Manipal Hospitals to add 3,000 beds over next 3 years
Manipal Hospitals plans to expand into underserved regions and explore acquisitions in key areas, focusing on integration, clinical complexity, and enhanced patient experience.
India proposes BRICS incubator network and startup innovation fund
India proposed a BRICS incubator network and startup innovation fund at the 10th BRICS Industry Ministers’ Meeting in Jaipur.
Lisa Cook warns Fed will hike rates if inflation persists
Federal Reserve Governor Lisa Cook warned she is prepared to raise interest rates if inflation remains elevated, emphasizing the urgency to restore price stability.
Paramount's $110B acquisition of Warner Bros gets UK nod
The UK government has approved Paramount Skydance's $110 billion acquisition of Warner Bros Discovery.
SoftBank bags a $10B margin loan against OpenAI stake
SoftBank Group has secured a massive $10 billion margin loan, using its stake in US tech giant OpenAI as collateral.
LIC's massive $3.3B share sale kept bankers in the dark
The Indian government has successfully raised $3.3 billion by selling additional shares of Life Insurance Corporation of India (LIC).
No HRA if one spouse gets official accommodation: Modi government
The Indian government has clarified its policy on House Rent Allowance (HRA) for central government employees.
Karnataka wants Anthropic's help to prevent fraud in government systems
Karnataka Chief Minister D K Shivakumar met a delegation from AI start-up Anthropic today.
SoftBank posts $2.2B profit in June quarter, beats estimates
SoftBank has posted a net profit of ¥347.3 billion ($2.2 billion) for the June quarter, beating analysts' expectations of ¥120.23 billion, according to LSEG estimates.
Super.money debuts shopping marketplace with no-cost EMI plans
Super.money, a fintech company backed by Flipkart, has expanded its services to include an in-app marketplace called SplitStore.
Gold jumps ₹6,400 in 3 days
Gold and silver prices have seen a significant increase for the third consecutive session on MCX.
Lok Sabha passes bill to boost foreign investments, domestic manufacturing
The Lok Sabha has passed the Taxation and Other Laws (Amendment) Bill, 2026.
Trent's profit in Q1 rises 21% YoY to ₹519cr
Tata-owned Trent Limited, a leading retail company, has reported a robust financial performance for the first quarter of the fiscal year.
Why Ola Electric is moving to a dealership model
Ola Electric has announced a major shift in its business strategy, moving away from the direct-to-consumer model it has followed for five years.
'Meritless': OpenAI wants judge to dismiss Apple's trade secrets lawsuit
OpenAI has asked a US judge to dismiss Apple's lawsuit accusing it of stealing trade secrets.
Why Google's $15B Indian data center project is facing opposition
Google's ambitious $15 billion data center project in India is facing opposition from environmentalists.
Kotak fraud case: Ex-employee used proceeds to buy BMWs
A former Deputy Vice President of Kotak Mahindra Bank, Pushpinder Singh, allegedly used embezzled funds from the Municipal Corporation of Panchkula to buy luxury cars.
ITR-6 Excel utility for AY 2026-27 released: Who should file?
The Income Tax Department has launched the Excel utility of ITR-6 for Assessment Year (AY) 2026-27.
MV Electrosystems shares list at 22% premium over IPO price
Mumbai-based MV Electrosystems made a strong debut on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) today.
Etsy lays off 12% of employees to streamline operations
Etsy, the popular marketplace for handmade and vintage items, has announced a major restructuring plan.
This bank spends $250M annually on weight-loss drugs for employees
Bank of America (BoA) is spending over $250 million annually to provide GLP-1 weight loss drugs to its employees.
NPS extends same-day investment window for faster NAV allocation
The Pension Fund Regulatory and Development Authority (PFRDA) has extended the cut-off time for same-day investment of National Pension System (NPS) contributions by two-and-a-half hours.
You can now invest in fixed deposits using PhonePe
Leading digital payments platform PhonePe has launched a new feature on its app - the ability to book fixed deposits (FDs) with partner banks and non-banking financial companies (NBFCs).
Shiprocket IPO price set at ₹92-97; issue opens August 12
Shiprocket, a logistics technology company backed by Bertelsmann, Temasek, Tribe Capital and Eternal, has fixed the price band for its initial public offering (IPO) at ₹92-97 per share.
Air India appoints Tewolde Gebremariam as new CEO
Air India has appointed Tewolde Gebremariam as its new Chief Executive Officer (CEO) and Managing Director (MD).
US pays back $100B in Trump tariff refunds
The Trump administration has refunded nearly $100 billion in tariffs it collected before the US Supreme Court declared them illegal.
When will India introduce plastic notes? RBI Governor shares timeline
The Reserve Bank of India (RBI) is gearing up to introduce plastic currency notes in the country.
Central banks bought 51 tons of gold in June: WGC
Central banks across the globe made their biggest gold purchases of the year in June, according to data from the World Gold Council (WGC).
Centre warns restaurants against levying unlawful service charges
The Indian government has warned hotels and restaurants against levying automatic service charges on customers' bills.
AMD's data center revenue doubles as gaming loses ground
AMD has reported a massive surge in its data center revenue, driven by the increasing demand for artificial intelligence (AI) capacity.
Texas halts new data center approvals over electricity grid concerns
Texas Governor Greg Abbott has halted the approval of new data centers, citing concerns over their potential impact on the state's electrical grid.
RBI holds repo rate: What it means for your FD
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 5.25%.
FIFA game maker goes private after $55B acquisition
Electronic Arts (EA) has officially transitioned into a private company.
Paramount-WBD merger trial scheduled for March 2027
A US District Judge has scheduled the trial for the merger between Paramount and Warner Bros. Discovery (WBD) from March 2 to March 19, 2027.
Jeff Bezos to sell $4B worth of Amazon shares
Jeff Bezos, the founder of Amazon, has filed plans to sell around 15 million shares in the tech giant.
No fuel for uninsured vehicles? SC suggests pilot project
The Supreme Court of India has directed the Central government to launch a pilot project that would deny fuel to vehicles without valid third-party insurance.
SpaceX spent $295M on Tesla Megapacks in Q2
SpaceX has made a major investment in Tesla's Megapack battery storage devices, spending $295 million in Q2 and a total of $329 million so far this year.
Anthropic signs $10B AI cloud deal with Volta
Anthropic has signed a massive $10 billion deal with AI cloud start-up Volta.