Business News
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Indian companies borrowed record $4.43 billion in December 2025
India Inc's offshore fund raising via external commercial borrowing (ECB) surpassed $4 billion for the first time in December 2025, marking an 85% increase from November.
Why Apple is challenging CCI's global turnover penalty rule
Apple has filed a writ petition against the Competition Commission of India (CCI), questioning the constitutional validity of a penalty rule based on global turnover.
Biscuits to cakes: Britannia's Q3 profit jumps 17% YoY
Britannia Industries Ltd reported a 17% YoY increase in net profit for Q3 FY26, backed by improved profitability and margin expansion.
UIDAI to launch seed fund for Aadhaar-linked tech startups
The Unique Identification Authority of India (UIDAI) is planning a fund to provide seed capital to startups developing Aadhaar-based solutions, according to Chairperson Neelkanth Mishra.
Hexaware's new AI tool ditches software licenses for business efficiency
Hexaware Technologies has unveiled a 'Zero License' enterprise offering, designed to replace traditional Software-as-a-Service (SaaS) systems with an AI layer within months.
Mutual funds in your nearest post office? Here's the plan
India Post and the National Stock Exchange (NSE) have signed an agreement to extend mutual fund access via the NSE MF Invest platform across India.
SpaceX's potential IPO could be massive, says report
Michael Grimes, Elon Musk's trusted banker, has rejoined Morgan Stanley as chairman of investment banking, positioning himself to play a key role in SpaceX's anticipated IPO.
Grasim Industries's revenue, profit hit all-time high
Grasim Industries witnessed a 25% YoY increase in Q3 consolidated revenue, reaching Rs 44,312 crore. The company's net profit also surged by 42%.
Goldman Sachs raises India's GDP growth forecast to 6.9%
Global investment bank Goldman Sachs has revised its growth forecast for India, raising the country's real GDP growth in calendar year 2026 (CY26) by 20 basis points to 6.9%.
Why Bangladesh's zero-duty US access is worrying Indian textile exporters
The recent US-Bangladesh trade agreement has raised concerns among Indian textile exporters.
Spotify's user base hits record 751 million
Spotify anticipates first-quarter earnings to exceed Wall Street predictions, following co-CEOs Gustav Soderstrom and Alex Norstrom's succession from founder Daniel Ek.
Goldman Sachs raises India's GDP growth forecast to 6.9% in 2026
Goldman Sachs has raised its forecast for India's 2026 GDP growth to 6.9% following the recent India-US trade deal, which reduces US tariffs on Indian exports.
Sensex crosses 84,270 for 1st time, Nifty settles above 25,900
The Sensex and Nifty indices rose for the third consecutive session, buoyed by a positive global outlook and optimism over the India-US trade deal.
SIP contributions rise 17% YoY to ₹31,000cr in January
Systematic Investment Plans (SIPs) have shown resilience in the face of market volatility, with monthly contributions remaining consistent at ₹31,002 crore.
ED summons Tina Ambani in money laundering case
The Enforcement Directorate (ED) has summoned Tina Ambani, wife of Reliance Group Chairman Anil Ambani, for questioning in a money laundering case.
Alphabet has announced a 100-year bond sale: Why it matters
Google's parent company Alphabet is gearing up for its biggest-ever borrowing plan, including an unusual 100-year bond.
'Addiction machines': Did Meta, YouTube harm mental health of users?
The owners of Instagram and YouTube are facing allegations of creating "addiction machines" through their platforms.
Adani facing US probe over imports of Iranian oil
The US Treasury Department has sought information from Adani Enterprises over allegations of importing Iranian oil products into India.
8th Pay Commission: Employees, pensioners can now submit submissions
The Indian government has launched the official website for the 8th Central Pay Commission (CPC), a platform where central government employees and other stakeholders can provide their inputs on salary, pension, and allowances.
Eternal, Swiggy shares jump up to 6%: Here's why
Shares of Eternal and Swiggy have hit multi-month highs today. The surge comes after Eternal's launch of an AI-powered hotline for delivery partner onboarding and increased mutual fund investments in both companies.
NASA's role in SpaceX's revenue picture
Elon Musk reveals that NASA contracts now constitute only 5% of SpaceX's revenue, highlighting the company's shift towards commercial space and communications business.
Wockhardt's shares rise after quarterly results
Wockhardt Ltd. saw a 3% increase in shares after reporting positive third quarter results, with gains across all parameters.
Survey: 83% Indian employees feel burnt out
A recent survey reveals that 72% of Indian employees work beyond the legal 48-hour week, with a staggering 83% experiencing burnout.
AstraZeneca's Imfinzi gets nod for treating advanced endometrial cancer
AstraZeneca Pharma India Ltd has received regulatory approval to market its cancer drug, Durvalumab (Imfinzi), for an additional indication in India.
Gold ETFs beat equity funds for 1st time ever
In a rare occurrence, Indian investors favored gold exchange-traded funds over equity mutual funds in January, reflecting sustained demand despite high prices.
Lupin to pay $90 million to settle patent dispute with Astellas
Pharmaceutical company Lupin has settled a patent infringement dispute with Astellas Pharma for $90 million, allowing continued sale of its Mirabegron product.
Gold ETF inflows jump 100% to ₹24,040 crore in January
India's gold exchange-traded funds (ETFs) witnessed a historic surge in investor interest in January.
PAN might become necessary for hotel bills above ₹1L
The Indian government has proposed major changes in the new Income Tax Rules, 2026.
Why Anthropic's expansion in India might take a hit
Anthropic, a leading artificial intelligence (AI) company, is facing a legal challenge in India over its brand name.
Tata Motors, Stellantis renew partnership for FIAPL plant
Tata Motors and Stellantis have signed a Memorandum of Understanding (MoU) to explore further collaborations in manufacturing, engineering, and supply chain.
Bangladesh's new trade deal with US worries Indian textile exporters
India's perceived tariff advantage over Bangladesh in textile exports to the US disappeared overnight following a new US-Bangladesh trade agreement.
Baker McKenzie to cut up to 1,000 jobs
Baker McKenzie, one of the world's largest law firms, is laying off hundreds of employees globally as it integrates more AI into its operations.
Gold, silver prices fall as US dollar strengthens
Gold and silver prices fell on Tuesday, after a two-day rally. The decline comes as the US dollar strengthened from a more than one-week low.
Investors rush to gold ETFs as equity markets wobble
India's gold exchange-traded funds (ETFs) saw record net inflows of $2.48 billion in January 2026, despite significant price swings in precious metals.
Global memory shortage adds fresh uncertainty for tech stocks
The ongoing memory chip price surge is creating a huge disparity in the stock market, with no signs of abating.
Adani's US probe over possible Iran trade hits shares
Adani Enterprises is working with the US Treasury Department following allegations of importing Iranian oil products into India, despite existing sanctions.
Singapore's economy is getting a boost from AI
Singapore has raised its economic growth forecast for 2026, driven by a surge in demand for AI-related products and resilient global trade.
Bertelsmann bets on India's logistics with $10 million+ investment in Lets
German media group Bertelsmann has acquired an 80% stake in Indian logistics platform Lets Transport, marking its first strategic acquisition in India.
Gold ETFs shine brighter than equities for 1st time
In January, India's gold exchange-traded funds (ETFs) matched equity fund inflows for the first time, recording a net inflow of ₹24,050 crore.
Explainer: What India-US interim trade deal means for you
The new India-US trade agreement aims to enhance Indian farmers' income and resilience by expanding export opportunities in sectors like spices, seafood, and more.
NMDC raises iron ore prices again: Check rates
State-owned miner NMDC has raised the price of iron ore by ₹100 per tonne, effective from February 10, 2026. The revision affects both Baila Lump and Baila Fines prices.
US may exempt tech giants from chip tariffs
The Trump administration is reportedly contemplating exempting tech giants like Amazon, Google, and Microsoft from upcoming semiconductor import tariffs.
IndiGo adds backup pilots as government's FDTL relief ends
IndiGo has ramped up its pilot buffer and improved the pilot-to-aircraft ratio in anticipation of the February 10 deadline for temporary exemptions on pilot rest periods.
BYD sues US over Trump tariffs, seeks refund for levies
Chinese electric vehicle (EV) giant BYD has sued the US government over tariffs imposed during Donald Trump's presidency.
BSE rallies 6%, hits 52-week high after strong Q3 results
BSE Ltd's share price has witnessed a massive jump of 6%, hitting a new 52-week high of ₹3,178.4 per share today.
Bithumb's $44 billion Bitcoin blunder sparks regulatory response, tech upgrade
South Korea's Bithumb, the second-largest cryptocurrency exchange, is rushing to recover over $40bn in bitcoins mistakenly sent to customers during a promotional event.
Trump backs Fed nominee Kevin Warsh, predicts 15% GDP growth
US President Donald Trump has claimed that his nominee for the Federal Reserve, Kevin Warsh, could potentially drive the country's economy to a whopping 15% growth rate.
Google raises $20B in bonds to fund AI hardware
Alphabet has raised $20 billion through bond sales to fund its expanding artificial intelligence operations, potentially triggering a record corporate bond issuance this year.
Salesforce cuts under 1,000 jobs amid AI push
Salesforce, a leading cloud software provider, has laid off fewer than 1,000 employees this month.
Indian-origin Tesla VP Raj Jegannathan quits after 13 years
Raj Jegannathan, a prominent Indian-origin executive at Tesla, has announced his decision to leave the company after a long tenure of 13 years.
Sensex gains 150 points as India-US trade deal boosts sentiment
Indian benchmark indices, Nifty50 and BSE Sensex, experienced a rise in early trade on Tuesday, continuing the ongoing rally post the India-US trade deal announcement.
Record 36.2 lakh demat accounts opened in January
In January, amidst market volatility and global uncertainties, demat account openings reached a 16-month high, surpassing the 3 million mark for the second consecutive month.
Mutual fund investments in new-age firms touch ₹1.77 lakh crore
Domestic mutual funds increased their shares in new-age companies to Rs 1.77 lakh crore in 2025, nearly doubling from Rs 95,000 crore the previous year.
Happiest Minds revenue up 10.7% to ₹587 crore
Happiest Minds Technologies' shares are under scrutiny following a 19.5% drop in Q3FY26 profit despite a 10.7% rise in revenue.
Salesforce just laid off fewer than 1,000 people
Cloud software provider Salesforce has reportedly cut fewer than 1,000 roles earlier this month, according to Business Insider.
Tem raises $75 million to make renewable energy more accessible
London-based startup, Tem, has raised $75 million in a Series B funding round to expand its AI-driven energy transaction engine, aimed at remaking electricity markets.
Gold, silver prices fall sharply in international markets
Gold and silver prices experienced a decline on Tuesday due to the strengthening U.S. dollar, following recent gains in the precious metals market.
US to cut tariffs on Indian goods
The interim India-US trade deal could significantly increase foreign direct investment (FDI) and facilitate technology transfer, enhancing India's long-term growth plans.
CBDT proposes new Income-tax rules: What changes you can expect
The new draft income tax rules propose an increase in the threshold for quoting Permanent Account Number (PAN) for cash deposits, hotel bills, and property transactions.
Asian stocks hit record high, MSCI index peaks
Asian markets hit record highs on Tuesday, mirroring a US tech stock rebound. Meanwhile, gold and silver prices fell in early trading as investors took profits.
BYD is suing the US government over Trump's tariffs
Chinese car manufacturer BYD has sued the U.S. government, disputing President Trump's authority to impose tariffs and seeking a refund for levies paid since April 2025.
Jewelry stocks shine as US-India trade deal sparks tariff hopes
Jewellery stocks in India experienced a significant boost, driven by the recent US-India trade deal and strong Q3 results from leading jewellers.
CBDT drafts new income tax rules: What it means
The new income tax law aims to ease compliance burdens by reducing the number of forms, filings, and declarations required from taxpayers.
BEST seeks ₹5,000cr bailout as unions threaten to go on strike
The Brihanmumbai Electricity Supply and Transport (BEST) has requested over ₹5,000 crore from the state government to pay pending pensions and improve its fiscal health.
Novo Nordisk sues Hims & Hers over Wegovy copies
Novo Nordisk is suing Hims & Hers for distributing compounded GLP-1 products that mimic its weight-loss drugs, escalating the ongoing feud between the two companies.
US-Bangladesh trade deal: What it means for both countries
The US and Bangladesh have agreed on a deal to reduce US tariffs on Bangladeshi goods from 20% to 19%, aiming to address trade imbalances.
Ouster buys StereoLabs to create all-in-one sensor platform
Lidar manufacturer, Ouster, has purchased vision-based perception system company, StereoLabs, for $35 million and 1.8 million shares.
MrBeast's Beast Industries buys financial literacy app Step
YouTube sensation MrBeast's company, Beast Industries, has acquired financial technology firm Step, marking its expansion into the financial sector.
India could reach $1 trillion in exports by 2026-27
India's goods and services exports could reach a record $1,000 billion in FY27 due to new trade agreements and tariff reductions.
Oil prices jump as US warns ships to avoid Iran
Oil prices increased over 1% after the US Department of Transportation advised caution for vessels traveling near Iranian territory, amid rising geopolitical tensions.
India is 1 step closer to going paperless in trade
The Indian government is soliciting public feedback on the draft Digital Trade Facilitation Bill, 2026, aimed at legally recognizing electronic trade documents.
Bitcoin is better than gold: 'Rich Dad Poor Dad' author
Renowned author and investor, Robert Kiyosaki, has weighed in on the age-old debate of gold vs Bitcoin.
UP's first economic survey released: What are the highlights?
The Uttar Pradesh government has unveiled its Economic Survey, outlining a strategy to transform the state into a $1 trillion economy.
You can withdraw your EPFO corpus via UPI from April
The Employees' Provident Fund Organisation (EPFO) is gearing up to launch a new mobile app by March-end or April.
YouTuber Nitish Rajput facing ₹2.5cr defamation suit: Here's why
YouTuber Nitish Rajput is facing a ₹2.5 crore defamation suit from Eduquity Technologies, a human resource consulting firm.
JioHotstar ropes in leaders from Google, Flipkart to boost capabilities
JioHotstar is bolstering its leadership team by bringing in top executives from leading global tech companies.
Kalyan Jewellers seeks SEBI probe into alleged stock manipulation
Kalyan Jewellers has accused certain entities of manipulating its stock price and has requested the Securities and Exchange Board of India (SEBI) to intervene.
Why China has ordered banks to dump US Treasuries
Chinese regulators have asked banks to offload their holdings of US debt and treasury bonds.
Taxpayers in these cities may soon get 50% HRA exemption
The Indian government is considering expanding the list of cities eligible for a 50% House Rent Allowance (HRA) exemption under the old tax regime.
Barbeque Nation can't charge service fee at its restaurants anymore
The Central Consumer Protection Authority (CCPA) has directed Barbeque Nation Hospitality Ltd to stop charging a service fee at its restaurants.
AI Summit rush: Delhi hotel rates soar to ₹32L/night
Delhi is witnessing a major surge in demand for luxury accommodations ahead of the highly-anticipated AI Impact Summit.
India-US trade deal will be effective from next week
Union Commerce and Industry Minister Piyush Goyal has said that the recently announced 18% tariffs by the US are likely to come into effect next week.
Vodafone Idea shares up 4% today: Here we decode why
Vodafone Idea's share price witnessed a nearly 4% surge in early trade today, amid heavy buying interest.
How Embraer is strengthening its supply chain in India
Brazilian aerospace major Embraer has announced plans to strengthen its supply chain in India.
India to clock fastest growth among G-20 economies: Moody's
India's economy is expected to witness robust growth, with Moody's projecting a real GDP growth rate of 6.4% for the fiscal year 2026-27.
Crude oil prices have gone down: What's the reason?
Crude oil futures have fallen today, owing to diplomatic talks between the US and Iran.
Landmark trial over social media addiction among children begins today
A landmark US trial is set to begin today, focusing on whether social media companies intentionally design their platforms to addict children.
SC defers hearing in WhatsApp privacy case to February 23
The Supreme Court of India has adjourned the hearing on the privacy policy case involving messaging platform WhatsApp and its parent company Meta Platforms.
8th Central Pay Commission launches official website
The Eighth Central Pay Commission (8th CPC) has launched its official website, marking a key milestone in its procedural journey.
Taiwan rejects demand to shift semiconductor production to US
Taiwan has rejected the US's demand to move a major portion of its semiconductor production capacity to America.
Fractal Analytics launches ₹2,800cr IPO: Should you apply
Fractal Analytics, India's first pure-play artificial intelligence (AI) company, has launched its initial public offering (IPO) today.
Indian funds surpass foreign investors in Nifty50 for first time
In a historic first, domestic institutional investors (DIIs) have overtaken foreign institutional investors (FIIs) in the ownership of India's benchmark Nifty50 index.
Top 10 firms add ₹4.5L crore in market cap
The combined market capitalization of eight out of the top 10 most valued companies in India surged by a whopping ₹4.55 lakh crore last week.
Gold, silver prices down 40% from record-high: What to do?
Gold and silver prices witnessed a significant spike on February 6. The surge was largely attributed to a weaker dollar, strong physical demand, and persistent geopolitical tensions.
India-US trade deal: TN's garment exports might surge to ₹30,000cr
The recently signed India-US trade deal is expected to significantly boost garment exports from Tamil Nadu.
Real estate giant Anant Raj to make AI-ready data centers
Real estate giant Anant Raj has teamed up with Submer, a leading provider of AI infrastructure solutions.
3 IPOs hitting the market this week: Check list
The primary market is set to witness a surge in activity with three new initial public offerings (IPOs) slated for subscription this week.
Meta could hit $4T market cap by 2032
US-based financial advisory firm, Motley Fool, has predicted that Meta Platforms could join the $4 trillion club by 2032.
Won't be difficult to buy US goods worth $500B: Goyal
India's Commerce Minister Piyush Goyal has said that the country will have no trouble buying goods worth $500 billion from the United States over the next five years.
Cybersecurity breaches are a top risk for Indian companies: Survey
Cybersecurity breaches and attacks have emerged as the biggest threat to the performance of Indian companies, a new survey has revealed.
Public sector banks' profit to exceed ₹2L crore in FY26
Public sector banks (PSBs) are on the verge of a major financial milestone, with their combined profit expected to exceed ₹2 lakh crore in the current fiscal year.
I-T Department now seeking stakeholder suggestions on draft tax rules
The Income Tax Department has released draft rules and forms under the new Income Tax Act, 2025. The move is aimed at simplifying tax provisions and reducing compliance burdens for taxpayers.
High-level committee on Indian banking to be formed soon
Finance Minister Nirmala Sitharaman has announced that the government will soon form a "High-Level Committee on Banking for Viksit Bharat."
FPIs turn net buyers after 3 months, invest ₹8,100cr
After three months of heavy selling, the foreign portfolio investors (FPIs) have turned net buyers in the first week of February.
Jack Dorsey's Block to lay off nearly 10% of workforce
Jack Dorsey's fintech company, Block Inc., is planning to lay off nearly 10% of its workforce as part of a major business overhaul, according to a report by Bloomberg.
Talks begin on India joining €95.5B Horizon Europe program
The European Union (EU) and India have started discussions on the latter's potential association with Horizon Europe.
India trained 67,000 semiconductor engineers in 4 years
India has successfully trained over 67,000 semiconductor engineers in just four years.
US trade deal opens up $118B market for India's textiles
The recent trade agreement between India and the US has opened up a massive opportunity for India's textile industry.
These 2 companies are eyeing a stake in IDBI Bank
Fairfax Financial and Emirates NBD have submitted financial bids for the strategic disinvestment of IDBI Bank.
Starlink rival OneWeb's founder was advised by Jeffrey Epstein
Jeffrey Epstein, the convicted child sex offender, was an adviser in the establishment of OneWeb.
Washington Post names ex-Tumblr chief Jeff D'Onofrio as acting CEO
Jeff D'Onofrio, the CEO of Tumblr from 2017 to 2022, has been named the acting CEO and publisher of The Washington Post.
India updates start-up rules to help deep tech firms
In a major policy shift, the Indian government has revised its start-up framework to support deep tech companies.
Why India's wine, spirits market has been opened to US
India has opened its market for imported wines and spirits as part of an interim trade agreement with the United States.
SBI Q3 results: Net profit rises 24.5% YoY to ₹21,028cr
The State Bank of India (SBI), has reported a 24.5% year-on-year (YoY) growth in its standalone net profit for the third quarter (FY26) to ₹21,028.15 crore, from ₹16,891.44 crore in the same quarter last year.
China has now bought gold for 15 consecutive months
China's central bank has continued its gold buying spree for the 15th consecutive month, according to data from the People's Bank of China (PBOC).
Modi government wants to tax Jane Street's profits: Report
Indian tax authorities are examining global trading giant Jane Street's operations in India following regulatory actions.
Reliance makes an entry into Australia's consumer goods market
Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries, has acquired a majority stake in Australia's Goodness Group Global.
Semiconductor industry on track to hit $1 trillion revenue mark
The semiconductor industry is on track to achieve a historic milestone of $1 trillion in revenue this year.
US to lift reciprocal tariff on Indian gems, diamonds
The US has announced its intention to lift the reciprocal tariff on gems and diamonds from India, pending the successful conclusion of an interim trade agreement.