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Business News

No jargons, no mumbo-jumbo. Read the unadulterated Business news here.

20 Jul 2026
TL;DR

Sotefin Bharat IPO oversubscribed nearly 4 times, listing Thursday

Sotefin Bharat's IPO saw strong demand, being oversubscribed 3.78 times by July 20, while its grey market premium dropped from over 10% to around 2%.

20 Jul 2026
TL;DR

Warren Buffett calls market a casino at Berkshire Hathaway meeting

Warren Buffett cautions that rising speculative trading, fueled by retail investors and AI-driven optimism, is turning parts of the stock market into a gambling arena.

20 Jul 2026
TL;DR

Nirmala Sitharaman: India spent ₹90.87L/cr, 5 times previous decade

The Indian government’s effective capital expenditure surged to ₹90.87 trillion during 2014-26, a fivefold increase from ₹17.04 trillion in the previous decade.

20 Jul 2026
TL;DR

Aastha Spintex to mull 1:1 bonus, up to ₹10 dividend

Aastha Spintex's board will meet on July 23 to discuss a potential 1:1 bonus issue, a final dividend of up to 100%, and expansion into forward-integrated textile products.

20 Jul 2026
TL;DR

India's core sector growth 5% in June, iron ore soars

India's core sector output grew 5% in June 2026, driven by iron ore's 43.9% surge, as the revised base year series (2022-23) was implemented for the Index of Core Industries.

20 Jul 2026
TL;DR

Midwest Energy opens 1st ₹100cr BESS factory in Bengaluru

Midwest Energy has launched commercial production at its 1.2 GWh battery manufacturing facility in Bengaluru, aiming for ₹1,000 crore annual revenue at full capacity.

20 Jul 2026
TL;DR

ICICI Prudential launches BSE Insurance ETF NFO starting July 20

ICICI Prudential Mutual Fund introduces the ICICI Prudential BSE Insurance ETF, an open-ended fund tracking the BSE Insurance Index, with its NFO open from July 20 to July 28.

20 Jul 2026
TL;DR

Government reveals ₹16,649cr unclaimed with LIC and EPFO in Parliament

The Centre disclosed ₹7,318.50 crore as unclaimed money with LIC and ₹9,330.56 crore in inoperative EPF accounts as of March 31, 2026, during the Monsoon Session of Parliament.

20 Jul 2026
TL;DR

Rupee hits 2 month low 96.4450 as oil nears $90

The Indian rupee weakened to a two-month low as oil prices hovered near $90 per barrel, prompting intervention by the Reserve Bank of India to stabilize the currency.

20 Jul 2026
TL;DR

US gas average $4 amid oil rise and U.S.-Iran tensions

US gasoline prices have climbed back to $4 per gallon, driven by escalating tensions in the Middle East and rising crude oil costs, reversing months of declining fuel prices.

20 Jul 2026
TL;DR

Hut 8 locks $9.8B Beacon Point lease boosting 949MW capacity

Hut 8 has secured a $9.8 billion, 15-year lease, fully commercialising its 1-gigawatt Beacon Point campus in Texas to meet surging demand for AI infrastructure.

20 Jul 2026
TL;DR

Accenture unit TalentSprint launches applied generative and agentic AI certification

The TalentSprint Certification Program in Applied Generative and Agentic AI equips professionals with practical skills to thrive in an evolving, AI-driven workplace.

20 Jul 2026
TL;DR

European Commission fines AliExpress €550 million under Digital Services Act

AliExpress faces a record €550m EU fine under the Digital Services Act for failing to prevent the sale of counterfeit, unsafe, and harmful products on its platform.

20 Jul 2026
TL;DR

JPMorgan Chase: AI trimmed up to 40% staff in parts

JPMorgan Chase reduced headcount by up to 40% in certain teams due to AI advancements, but CEO Jamie Dimon emphasized that AI won't provide a lasting competitive edge.

20 Jul 2026
TL;DR

Bajaj Life opens Nifty 200 Value 30 ULIP subscriptions

Bajaj Life Insurance introduces the Bajaj Life Nifty 200 Value 30 Index Fund under its ULIPs, offering a value-focused investment strategy based on the Nifty 200 Value 30 Index.

20 Jul 2026
TL;DR

India's net FDI to rebound to $15 billion in 2026-27

India's net FDI inflows are projected to reach $15 billion in FY27, driven by robust gross inflows, moderating repatriation outflows, and supportive policy measures.

20 Jul 2026
TL;DR

NSE launches Nifty500 Ahimsa Index for cruelty free investing

NSE Indices unveils the Nifty500 Ahimsa Index, tracking companies aligned with non-violence principles for ethical and sustainable investments.

20 Jul 2026
TL;DR

SpaceX signs $1.25B monthly AI deal, raising xAI competition concerns

An engineer criticized Anthropic's $1.25 billion monthly partnership with SpaceX, citing conflicts of interest, while Elon Musk defended the collaboration's broader goals.

20 Jul 2026
TL;DR

EXIM Bank to raise $300 million via RBI-hedged 3-year bonds

India's EXIM Bank plans to issue $300 million in three-year floating-rate dollar bonds, leveraging the RBI's subsidized hedging facility for overseas fundraising.

20 Jul 2026
TL;DR

Chey Tae-won warns AI memory chip shortage at Jeju Forum

SK Group Chairman Chey Tae-won cautions that surging AI memory demand, outpacing supply through 2027, could escalate into a global geopolitical issue.

20 Jul 2026
TL;DR

UPI logs over 24,000cr transactions worth ₹314.23L/cr last financial year

India's Unified Payments Interface (UPI) recorded a five-year transaction growth from 4,595.61 crore to 24,161.69 crore and expanded to 12 countries worldwide.

20 Jul 2026
TL;DR

IL&FS clears ₹50,387 cr, edges toward ₹61,000 cr target

IL&FS has achieved a resolution value of ₹57,556 crore as of June 30, 2026, addressing over 94% of its ₹61,000 crore debt resolution target.

20 Jul 2026
TL;DR

Mondelez launches premium Belgian chocolate Cote d'Or in India

Mondelez has launched its premium Belgian chocolate brand, CÔTE D’OR, in India, offering dark chocolate and whole nut variants priced at ₹499 and ₹599 respectively.

20 Jul 2026
TL;DR

Indian Overseas Bank net profit rises 49.3% in Q1 FY27

Indian Overseas Bank reported a 49.3% year-on-year rise in net profit to ₹1,659 crore for Q1 FY27, driven by improved asset quality and higher total income.

20 Jul 2026
TL;DR

ChangXin Memory Technologies to raise $8.5B in STAR Market IPO

Chinese DRAM maker CXMT is launching a record $8.5 billion IPO on Shanghai's STAR Market, aiming to challenge industry leaders Samsung, SK hynix, and Micron Technology.

20 Jul 2026
TL;DR

Coca-Cola appoints Kotak, Morgan Stanley, JPMorgan, Citi for HCCH IPO

Coca-Cola has chosen Kotak, Morgan Stanley, JPMorgan, and Citi to manage the IPO of Hindustan Coca-Cola Holdings, marking its first step toward reducing its majority stake.

20 Jul 2026
Meta

Meta to proceed with layoffs challenged over AI bias claims

A US federal judge has denied a request to halt Meta's planned layoffs of 26 employees.

20 Jul 2026
TL;DR

FAA to certify Boeing 737 MAX 7 and MAX 10

The FAA expects to certify Boeing's 737 MAX 7 soon, with the larger MAX 10 following closely, according to Deputy Administrator Chris Rocheleau at the Farnborough Air Show.

20 Jul 2026
Bharti Airtel

Airtel's data center arm to expand capacity to 1GW

Bharti Airtel's data center subsidiary, Nxtra, is gearing up for a massive expansion. The company plans to quadruple its capacity to 1 gigawatt (GW) in the coming years.

20 Jul 2026
Bangladesh

Centre wants ethanol to become your next cooking fuel

The Indian government is working on a policy to promote ethanol as a mainstream cooking fuel.

20 Jul 2026
TL;DR

South Korea entry-level hiring jumps 47% amid AI chip demand

Entry-level semiconductor hiring in South Korea soared 47% in the first half of the year, driven by strong demand amid an AI-fueled chip industry expansion.

20 Jul 2026
TL;DR

UltraTech Cement posts Q1 FY27 profit up 17% to ₹2,599cr

UltraTech Cement reported a 17% YoY rise in net profit, reaching ₹2,599 crore for Q1, driven by robust operational performance and strong demand across key markets.

20 Jul 2026
TL;DR

MoS Pankaj Chaudhary says LTCG tax not under consideration now

The government informed Parliament that there is no current proposal to abolish the long-term capital gains (LTCG) tax on equities, despite demands from market participants.

20 Jul 2026
TL;DR

India to update SEZ Act 2005 aligning services with GST

The Centre plans to amend the SEZ Act to expand the definition of services, addressing operational challenges like rupee-denominated payments for service-sector units.

20 Jul 2026
Dubai

Why Indian pilots want Gulf flights to be canceled

The Airline Pilots' Association of India (ALPA India) has called for an immediate suspension of flights to the UAE and other high-risk Gulf destinations.

20 Jul 2026
Reserve Bank Of India (RBI)

Why RBI has intervened to stabilize Indian rupee

The Reserve Bank of India (RBI) has stepped in to stabilize the Indian rupee, which is nearing a record low.

India's defense stocks plunge amid escalation of US-Iran conflict

Shares of major defense companies such as Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), and Bharat Dynamics have witnessed a decline during today's trading session.

20 Jul 2026
Larsen & Toubro

L&T has bagged 'mega' orders worth up to ₹15,000cr

Larsen and Toubro (L&T) has announced that its Metals and Minerals vertical has bagged 'mega' orders from leading domestic companies.

20 Jul 2026
TL;DR

Cambridge startup CuspAI raises $450 million to find rare materials

Jeff Bezos and the UK government have invested in CuspAI, a £2bn Cambridge-based AI startup aiming to revolutionize material discovery for industries like chipmaking and energy.

20 Jul 2026
TL;DR

Airtel's Nxtra targets 1 gigawatt amid AI and cloud surge

Bharti Airtel’s data centre arm, Nxtra, plans to expand its capacity to 1 gigawatt, driven by surging AI and cloud computing demand, according to CLSA.

20 Jul 2026
TL;DR

SEBI appoints 18 firms for forensic audits of listed companies

SEBI has added 18 firms, including Ernst & Young and KPMG, to its forensic audit panel, aiming to enhance oversight of listed companies and boost market transparency.

20 Jul 2026
TL;DR

Judge declines to pause Meta layoffs, case moves to arbitration

A US judge allowed Meta's layoffs of 26 employees to proceed despite claims that AI systems unfairly targeted workers on medical or family leave, pending further evidence.

20 Jul 2026
TL;DR

KPMG Australia penalizes 7 for sharing confidential client documents

KPMG Australia has fined seven staff members up to $126,000 for misusing confidential client information, prompting leadership resignations and regulatory investigations.

20 Jul 2026
TL;DR

Ryanair profits fall 34% to €593m amid soaring fuel costs

Ryanair's pre-tax profits fell 34% to €593m as soaring jet fuel prices, driven by Middle East conflict, and hesitant consumers forced the airline to cut fares.

20 Jul 2026
TL;DR

Moonshot AI prepares Hong Kong IPO after Kimi K3 surge

Moonshot AI plans a Hong Kong IPO within six months, following its Kimi K3 model's success and Alibaba's Qwen3.8 release, which impacted bitcoin markets.

20 Jul 2026
TL;DR

Bitcoin slips to $63,900 amid oil and Chinese AI shock

Bitcoin dipped 1.3% to $63,900 as rising oil prices and a Chinese AI-driven chip stock selloff pressured markets, with major cryptocurrencies and Asian equities broadly declining.

20 Jul 2026
TL;DR

Warren Buffett admits late Google purchase and early Apple sale

Warren Buffett revealed he regrets buying Alphabet too late and selling Apple too soon, even as Apple remains Berkshire Hathaway's largest holding at 22% of its portfolio.

20 Jul 2026
TL;DR

Salaried and capital gains taxpayers face July 31 ITR-1/ITR-2 deadline

Taxpayers eligible for ITR-1 and ITR-2, including salaried individuals and those with specific capital gains, must file their income tax returns by July 31 to avoid penalties.

20 Jul 2026
TL;DR

Public sector banks offer 6.45% to 6.8% FD rates

Fixed deposit interest rates vary across banks, offering assured returns. This article provides an updated comparison of FD rates as of July 20, 2026.

20 Jul 2026
TL;DR

Former CEA Krishnamurthy V Subramanian: India can reach 8-9% growth

India can achieve 8-9% economic growth by accelerating structural reforms in land, labour, and capital markets, says former Chief Economic Adviser Krishnamurthy V Subramanian.

20 Jul 2026
TL;DR

Global markets dip as oil tops $90, AMP warns $150

Global stocks and bonds slipped as Gulf tensions pushed oil above $90/barrel, fueling inflation fears. Investors brace for major tech earnings amid AI trade skepticism.

20 Jul 2026
TL;DR

ASML's market value nears $700B on AI demand, EUV leadership

Dutch chip equipment maker ASML's AI-driven growth has propelled its valuation to nearly $700 billion, positioning it as a contender for Europe's first trillion-dollar company.

20 Jul 2026
TL;DR

Citigroup downgrades South Korea to neutral citing AI chip volatility

Citigroup has downgraded South Korea to neutral, citing heightened volatility in AI-linked chip stocks and stretched valuations, signaling a shift in emerging market positioning.

20 Jul 2026
Bengaluru

Tata to open 100 Westside stores annually to accelerate expansion

Tata Group's Trent Ltd. is planning an aggressive expansion of its premium fashion brand, Westside.

20 Jul 2026
TL;DR

Turtlemint Fintech Solutions shares jump 13%+ after 1st-ever ₹3cr profit

Turtlemint Fintech Solutions' shares surged 13.4% after reporting its first-ever profitable quarter, with a ₹3 crore net profit and a 42% y-o-y revenue growth to ₹357 crore.

20 Jul 2026
TL;DR

Hormuz conflict strains polyester and spandex supply for fast fashion

Rising Strait of Hormuz conflicts threaten fast fashion, as oil-dependent synthetic fibers and global transport costs face escalating disruptions.

20 Jul 2026
TL;DR

Alpine Texworld IPO to list on BSE and NSE Tuesday

Alpine Texworld IPO is set to debut on BSE and NSE on 21 July, with a flat listing expected as the grey market premium (GMP) stands at ₹1.

20 Jul 2026
ICICI Bank

ICICI sees biggest workforce decline among private banks in FY26

ICICI Bank, India's second-largest private sector lender, has seen a major dip in its workforce strength during the fiscal year 2026.

20 Jul 2026
India

Gold, silver prices in India rise today: What's the reason?

Gold and silver prices rose in early trade on the Multi Commodity Exchange (MCX) today. The gains were mainly due to value buying after a slight easing of the US dollar.

20 Jul 2026
Stock Market

Indian stock market has crashed today: Here we decode why

The Indian stock market witnessed a major slump today, with the Sensex and Nifty falling by 0.65% and 0.5%, respectively. The fall comes after a strong rally in the previous session.

20 Jul 2026
TL;DR

Sunil Kumar launches PickAdSpace to streamline outdoor advertising management

PickAdSpace, an adtech startup by Sunil Kumar, is revolutionizing outdoor advertising in India with connected digital screens, real-time analytics, and a pay-per-second ad model.

20 Jul 2026
TL;DR

South Korea KOSPI drops almost 5% after AI stock selloff

South Korean shares plunged nearly 5%, triggering trading curbs as leveraged AI bets unraveled, erasing over a quarter of the KOSPI index's value since its June peak.

20 Jul 2026
TL;DR

CRHC and China Chengtong inject over $7 billion steadying market

Chinese state-backed investors have injected billions of yuan into equities, including SOE stocks and ETFs, following a 25% slump in the STAR Market Index since July.

20 Jul 2026
TL;DR

JSW Steel jumps over 2% on Q1 profit, JOPL IPO

Shares of JSW Steel surged over 2% after the company reported a more than twofold jump in Q1 FY27 net profit, driven by improved realisation and lower finance costs.

20 Jul 2026
Brussels

India's UPI may soon be linked with Spain's payment service

India and Spain have agreed to speed up talks on making their digital payment platforms, the Unified Payments Interface (UPI) and Bizum, interoperable.

20 Jul 2026
TL;DR

Millworks Technologies IPO oversubscribed over 193 times, debuts July 21

Millworks Technologies' Rs 160.34-crore SME IPO, subscribed 193.14 times, is set to list on July 21, with a grey market premium indicating potential listing gains of up to 90%.

20 Jul 2026
Argentina

FIFA fuels Kalshi's record growth: 3M users, $1.2B in bets

The recently concluded FIFA World Cup has given a major boost to prediction markets, with Kalshi witnessing an unprecedented surge in user registrations and trading volumes.

20 Jul 2026
TL;DR

ICICI Bank trims over 5,100 jobs as peers expand branches

ICICI Bank witnessed the largest workforce decline among private sector banks in FY26, with employee strength dropping by 5,148 despite adding 528 branches during the fiscal year.

20 Jul 2026
TL;DR

Zoho's Sridhar Vembu urges India to revive global tech sharing

Sridhar Vembu advocates for India to embrace internationalism by sharing advanced technologies, fostering global cooperation, and reducing economic inequality.

20 Jul 2026
TL;DR

US import prices rose 7.1% in June, 3rd straight month

US import prices rose 7.1% in June 2026, marking the highest annual increase since August 2022, driven by rising nonfuel import costs despite declining fuel prices.

20 Jul 2026
Intel

TSMC to invest $100B in Arizona amid AI chip demand

Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest maker of advanced artificial intelligence (AI) chips, has announced a massive $100 billion investment to expand its facilities in Arizona.

20 Jul 2026
TL;DR

TCS, HCLTech and Wipro split workloads across SLMs and LLMs

India's top IT firms report clients are revising their AI model strategies, shifting to smaller models for routine tasks as rising token consumption drives up enterprise AI bills.

20 Jul 2026
TL;DR

Philadelphia semiconductor index hits bear market after 10% slide

The global AI-driven chip rally faltered last week, with sharp selloffs prompting investor reassessment of lofty valuations and sustainability of AI-related spending optimism.

20 Jul 2026
Iran

Oil prices hit $90 per barrel again: What's the reason?

Oil prices surged by 3% today, with Brent crude futures crossing the $90 mark per barrel.

20 Jul 2026
TL;DR

HDFC Bank shares down nearly 5% after June quarter results

HDFC Bank shares plunged nearly 5% on Monday as disappointing Q1 results revealed sharper-than-expected margin declines, while ICICI Bank outperformed with robust earnings growth.

7 IPOs to hit Dalal Street this week

This week, the primary market will see a flurry of activity with seven initial public offerings (IPOs) set to hit Dalal Street.

20 Jul 2026
TL;DR

Alphabet Intel and Tesla earnings this week could sway markets

Key tech giants like Alphabet and Intel are set to report earnings this week, with investors closely watching AI growth, semiconductor trends, and geopolitical risks.

20 Jul 2026
TL;DR

Sensex drops 575.67 points as bank selloff and oil rise

Sensex fell 575 points, Nifty slipped below 24,200 as banking shares like HDFC Bank dropped sharply post-Q4 results and rising oil prices added pressure.

20 Jul 2026
TL;DR

Rupee opens weaker at 96.41 amid $90 oil, U.S.-Iran tensions

The Indian rupee opened 13 paise lower at 96.41 per US dollar on July 20, as escalating US-Iran tensions drove Brent crude prices above $90 per barrel.

20 Jul 2026
TL;DR

Indo-MIM IPO ₹500cr new issue and up to ₹3,312cr sale

Indo-MIM's IPO, priced at ₹461-485 per share, aims to raise ₹500 crore. The subscription opens on July 23 and closes on July 27, with shares listing on July 30.

20 Jul 2026
TL;DR

Gold dips as oil tops $90 amid Middle East conflict

Gold prices edged lower as Brent crude surpassed $90 per barrel, fueling inflation worries and strengthening expectations of potential U.S. Federal Reserve interest rate hikes.

20 Jul 2026
TL;DR

Tata Group's Trent Ltd to open 100 Westside stores annually

Tata Group’s Trent Ltd. plans to double Westside's growth pace by opening 100 stores annually, aiming to strengthen its premium fashion brand amid rising competition.

20 Jul 2026
TL;DR

OpenAI CFO Sarah Friar rolls out outcome focused AI metric

OpenAI CFO Sarah Friar advises companies to prioritize performance and value over cost when selecting AI tools, introducing a "useful intelligence per dollar" metric.

20 Jul 2026
TL;DR

IBPS PO MT applications end July 21 for 6,715 posts

The IBPS PO Recruitment 2026 application process for 6,715 vacancies ends tomorrow, July 21. Eligible candidates must complete their online registration promptly via ibps.in.

20 Jul 2026
TL;DR

TSMC raises Arizona investment to $265B to supply AI chips

TSMC anticipates sustained, multi-year demand for its advanced AI chips as it boosts its Arizona investment to $265 billion, despite challenges like construction worker shortages.

20 Jul 2026
TL;DR

Gold slips below $4,010 as silver rebounds to $56.72

Gold prices slipped below $4,010 an ounce amid rising US rate hike expectations, while silver edged higher, recovering from last week's sharp correction.

20 Jul 2026
TL;DR

Indian markets likely flat amid U.S.-Iran tensions gift Nifty 24,300

Indian stocks are set for a flat-to-weak opening on Monday as GIFT Nifty trades near 24,300 amid mixed global cues and escalating Middle East tensions.

20 Jul 2026
TL;DR

TSMC $100B Arizona expansion addresses AI chip demand, $265B US

Taiwan Semiconductor Manufacturing Co. is investing an additional $100 billion in Arizona to meet surging AI-driven demand and counter rising competition.

20 Jul 2026
TL;DR

India approves Semicon 2.0 with 1.3L/cr to boost chipmaking

India's Semicon 2.0 initiative, with a Rs 1.3 lakh crore outlay, aims to boost chip manufacturing by adding fabs, memory units, displays, and advanced packaging facilities.

20 Jul 2026
TL;DR

One97 Communications board meets to consider 1st bonus since IPO

Paytm's board will discuss issuing bonus shares for the first time as a public company, potentially benefiting over 7.5 lakh small retail shareholders owning an 8% stake.

20 Jul 2026
TL;DR

RBI Governor Sanjay Malhotra says retail inflation crossed 4% target

RBI Governor Sanjay Malhotra identified West Asian tensions and a weak monsoon outlook as major risks to India's inflation and economic growth, driven by supply-side pressures.

20 Jul 2026
TL;DR

SBI Funds IPO to list July 21 after ₹9,813cr demand

SBI Funds Management is set to debut on July 21, with a grey market premium of 18% suggesting a potential listing price of ₹678 per share.

20 Jul 2026
TL;DR

Employees' Provident Funds Scheme updated July 1 keeps 12% contribution

The EPF Scheme 2026 introduces revised provisions on nominations, PF withdrawals, and compliance, requiring immediate attention from employers and HR teams.

20 Jul 2026
TL;DR

Asian markets start week shaky as U.S.-Iran tensions rise

Asian markets saw declines as South Korea's Kospi fell over 1%, while Brent crude surged 3.8% to $91+ per barrel following escalating US-Iran attacks.

20 Jul 2026
TL;DR

NSE launches electronic gold receipts backed by SEBI regulated vaults

Electronic Gold Receipts (EGRs) offer a transparent, secure, and standardised way to invest in gold electronically, eliminating storage concerns while ensuring regulated ownership.

20 Jul 2026
TL;DR

U.S.-Iran tensions slow Hormuz shipping, threaten India energy imports

A sharp slowdown in shipping through the Strait of Hormuz threatens India's economy, driving up crude oil and LNG costs, fuelling inflation, and complicating RBI's monetary policy.

20 Jul 2026
TL;DR

Skyroot Aerospace to launch Vikram rockets monthly by 2027

Skyroot Aerospace aims to launch one Vikram rocket every month from 2027, driven by rising demand and plans to scale production as it advances toward commercial operations.

20 Jul 2026
TL;DR

Spain vs Argentina World Cup final sparks online orders surge

Online delivery platforms and D2C brands saw a spike in orders as quick commerce apps leveraged discounts and games to engage customers ahead of the FIFA World Cup final.

20 Jul 2026
TL;DR

Private banks quiet on FCNR(B) inflows since June 5 launch

India's top private banks, including HDFC, ICICI, and Axis, remain tight-lipped about their FCNR deposit collections under the RBI's new scheme, citing strategic discretion.

20 Jul 2026
TL;DR

Brent tops $91 amid US Iran faceoff, WTI above $84

Brent crude surpassed $90 a barrel, rising over 3%, as US-Iran hostilities intensified with attacks on key facilities and heightened conflict in the Strait of Hormuz.

20 Jul 2026
TL;DR

PNB seeks $2.5 billion via FCNR-B deposits, has $425 million

Punjab National Bank aims to raise $2.5 billion through Foreign Currency Non-Resident Bank deposits, with $425 million already secured, driven by strong demand from global markets.

20 Jul 2026
TL;DR

Government to seek Parliament funds as costs challenge Nirmala Sitharaman

Finance Minister Nirmala Sitharaman is likely to request Parliamentary approval for increased expenditure amid rising subsidies and fiscal pressures.

20 Jul 2026
TL;DR

Axis Bank weighs raising Axis Max Life stake to 30%

Axis Bank is exploring increasing its stake in Axis Max Life Insurance from 19.99% to 30%, leveraging RBI's updated ownership framework for banks in insurance companies.

20 Jul 2026
TL;DR

RBI asks banks to verify trade records with client paperwork

The Reserve Bank of India has directed banks to reconcile long-pending mismatches in trade and payment records, aiming to improve compliance and ensure accurate trade data.

19 Jul 2026
Air India

Air India to add 60 aircraft in next 18 months

The Air India Group is set to expand its fleet by adding up to 60 new aircraft in the next 18 months.

19 Jul 2026
Starbucks

Starbucks workers in South Korea have unionized

Starbucks Korea, the third-largest market for the global coffee giant after the US and China, has seen its workers form a labor union.

19 Jul 2026
Zepto

Zepto goes down: Users unable to access app, make payments

Quick-commerce platform Zepto has been facing a major outage, affecting its app and website.

19 Jul 2026
Accenture

Accenture revises pay hike strategy: How it affects you?

Accenture, a leading global IT services provider, has revamped its salary hike strategy for the June cycle.

19 Jul 2026
Chhattisgarh

Chhattisgarh attracts investments worth ₹8L crore in 18 months

Chhattisgarh has emerged as the top state on key parameters in the CRISIL-NITI Aayog Investment Friendliness Index (IFI) 2026.

19 Jul 2026
Samsung Electronics

Why Samsung has laid off over 800 employees in US

Samsung Electronics has announced job cuts at its US display, phone, and other consumer electronics operations.

19 Jul 2026
Reliance Industries

RIL posts strong Q1 results: Should you buy shares?

Reliance Industries Ltd (RIL), led by Mukesh Ambani, witnessed a 2.5% rise in its share price on Friday to close at ₹1,328.8 per share.

19 Jul 2026
India

India's GDP to grow at 6.5-6.8% in FY27: Deloitte

Deloitte India has projected a GDP growth rate of 6.5-6.8% for the current fiscal year (FY27).

These public issues will open in India next week

The primary market is set to witness a flurry of activity next week with four public issues opening for subscription.

19 Jul 2026
ChatGPT

5paisa partners with OpenAI to enhance investing experience

Leading fintech firm and discount broker, 5paisa Capital Ltd, has announced a strategic partnership with OpenAI.

19 Jul 2026
Bajaj Finance

TCS leads ₹1.5L crore gain among top-10 firms

The combined market capitalization of five out of India's top 10 most valued companies rose by a whopping ₹1.54 lakh crore last week.

19 Jul 2026
Adani Group

How Gautam Adani got US bribery and fraud charges dropped

Billionaire Gautam Adani has been exonerated from bribery and securities fraud charges by US prosecutors.

19 Jul 2026
Indian Government

Govt extends exemption for renewable energy projects

The Indian government has extended the exemption timeline for net metering and open access renewable energy (RE) projects till December 31, 2026.

19 Jul 2026
Apple

Apple raises iPhone prices in Japan by up to 11%

Apple has raised the prices of its iPhone models in Japan by as much as 11%. The price hike affects the iPhone 17 lineup, iPhone Air, and iPhone 16e.

19 Jul 2026
Punjab National Bank

PNB raises $420M in overseas fundraising, targets $2.5B by September

Punjab National Bank (PNB) has secured around $419 million in Foreign Currency Non-Resident Bank (FCNR(B)) deposits.

19 Jul 2026
Finance

Bank of England won't offer loans to these bondholders anymore

The Bank of England has announced a ban on accepting bonds linked to thermal coal for key loan arrangements.

19 Jul 2026
Devendra Fadnavis

Maharashtra to build quantum computing, deep-tech ecosystem: CM Devendra Fadnavis

Maharashtra Chief Minister Devendra Fadnavis has announced plans to build an ecosystem for quantum computing and deep technologies in the state.

19 Jul 2026
Goldman Sachs

Goldman Sachs tightens betting rules for employees on prediction markets

Goldman Sachs has tightened its rules on employee participation in prediction markets.

19 Jul 2026
BPCL

BPCL's new Bharatgas Lite-ZIP cylinders are meant for urban households

Bharat Petroleum Corporation Limited (BPCL) has launched a new premium LPG offering called Bharatgas Lite ZIP.

19 Jul 2026
Uber

'₹30 extra per km': 4.7-star Uber driver's demand shocks netizens

A man in Pune has alleged that an Uber driver demanded an additional ₹30 per kilometer for his ride.

19 Jul 2026
Blinkit

Is Blinkit's document printing service safe to use?

An incident involving a customer of Blinkit's document printing service has sparked a major debate over data privacy.

19 Jul 2026
OpenAI

Can AI industry survive if OpenAI collapses?

Ed Zitron, an AI critic and researcher, has warned that the ongoing boom in artificial intelligence (AI) is largely driven by OpenAI.

19 Jul 2026
Airbus

This is how India's 1st indigenous C-295 aircraft will look

Union Minister of Civil Aviation, Rammohan Naidu Kinjarapu, recently visited the Tata Advanced Systems Limited (TASL) facility in Vadodara, Gujarat.

19 Jul 2026
Bengaluru

Govt rolls out 'White Rabbit' tech to secure IST

The Indian government has launched a demonstration network using "White Rabbit" precision timing technology to provide a secure and tamper-resistant national time signal.

19 Jul 2026
Chile

India tightens tax treaty with Sri Lanka

India has amended its tax treaty with Sri Lanka, tightening loopholes in double taxation avoidance and preventing revenue leakage through treaty abuse.

18 Jul 2026
Zomato

Shocking! Zomato accused of mental, sexual harassment by ex-employee

A former employee of Zomato has accused the company of mental and sexual harassment in a viral LinkedIn post.

18 Jul 2026
IDBI Bank

IDBI Bank's Q1 results: Net profit up 5% to ₹2,115cr

IDBI Bank has reported a standalone net profit of ₹2,115 crore for the first quarter of the financial year 2026-27 (Q1 FY27).

18 Jul 2026
HDFC Bank

HDFC Bank's Q1 net profit rises 5% to ₹19,060cr

India's largest private lender, HDFC Bank, has reported a standalone net profit of ₹19,060 crore for the first quarter of FY27.

18 Jul 2026
ICICI Bank

ICICI Bank's Q1 profit jumps 15.95% YoY to ₹14,804cr

ICICI Bank has reported a 15.95% year-on-year increase in its standalone net profit for the April-June quarter.

18 Jul 2026
Yes Bank

Yes Bank's Q1 results: Profit jumps 33.7% YoY to ₹1,071cr

Yes Bank has reported a massive 33.7% year-on-year jump in its standalone net profit for the quarter ending June 2026 (Q1 FY27).

18 Jul 2026
Punjab National Bank

PNB's Q1 net profit surges over 300% to ₹5,200cr

Punjab National Bank (PNB) has reported a massive surge in its net profit for the first quarter of fiscal year 2026-27.

18 Jul 2026
Kotak Mahindra Bank

Kotak Mahindra Bank's Q1 profit rises 22.5% to ₹5,480cr

Kotak Mahindra Bank has posted a consolidated net profit of ₹5,480.46 crore for the June quarter (Q1 FY27), marking a 22.5% year-on-year growth.

18 Jul 2026
Axis Bank Ltd

Axis Bank Q1 results: Net profit rises 23% to ₹7,114cr

Axis Bank has reported a 23% year-on-year rise in its standalone net profit for the April-June quarter of FY27.

18 Jul 2026
Apple

Apple in talks to settle antitrust lawsuit with US DOJ

Apple is in the early stages of settlement talks with the US Department of Justice (DOJ) over a 2024 lawsuit.

18 Jul 2026
Jensen Huang

Jensen Huang's leather jacket goes under the hammer for ₹9cr

Jensen Huang, the CEO of NVIDIA, is known for his signature look of black leather jackets.

18 Jul 2026
Kuwait

Why you can't catch a Kuwait Airways flight right now

Kuwait Airways has announced a major change in its flight schedule, owing to the closure of the country's airspace today.

18 Jul 2026
SpiceJet

SpiceJet fined ₹1L for using 'dark patterns' on booking platform

The Central Consumer Protection Authority (CCPA) has imposed a fine of ₹1 lakh on SpiceJet for using "dark patterns" on its flight booking platform.