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Thinking Machines lining up $1B round at least $40B valuation
Accel is reportedly in discussions to lead a $1 billion funding round for AI startup Thinking Machines, valuing the company at $40 billion, according to The Information.
SEBI reworks ETF pricing rules effective September 7, 2026
SEBI's revised ETF pricing framework, effective 7 September 2026, introduces dynamic price bands and updated base price calculations to enhance market stability and transparency.
Wonder cuts 150 employees to focus on robotics and expansion
Wonder, led by Marc Lore, cut 150 jobs (7% of its workforce) to prioritize robotics and automation, following a $650 million investment that valued the company at $9 billion.
Pronab Sen urges NSO publish old and new GDP series
Former chief statistician Pronab Sen advocates for dual GDP series with old and new bases, emphasizing accurate double deflation requires comprehensive input-output price data.
Nirmala Sitharaman tells New York investors 7.8% growth Q1 FY27
India's Finance Minister Nirmala Sitharaman highlighted the nation's 7.8% Q1 FY27 growth and reform-driven investment climate at a high-level business roundtable in New York.
Gold jumps over 2% after Fed's Christopher Waller suggests pause
Gold surged over 2% after Fed Governor Christopher Waller signaled support for steady rates if inflation cools, while lower yields and a weaker dollar boosted demand.
New Zealand to make Indian exports duty-free next month
The India-New Zealand Free Trade Agreement (FTA) will come into effect from next month.
SpiceJet plans comeback with 20 aircraft, 200 daily flights
SpiceJet has announced its plan to add 20 aircraft into its fleet by mid-November.
India to finalize US trade deal after getting preferential edge
Commerce and Industry Minister Piyush Goyal has said that India will finalize its proposed trade deal with the US once Washington provides a preferential tariff advantage to Indian exporters.
Indian rupee hits 2-month high at ₹94.3 per USD
The Indian rupee opened on a strong note today, hitting a two-month high.
BSE shares jump 4.5% as NSE cannot self-list after IPO
BSE's shares surged by 4.5% today, following comments from the exchange's MD and CEO Sundararaman Ramamurthy.
Amazon, Meesho to create 11.6L seasonal jobs amid festive rush
As India's festive season approaches, e-commerce giants Amazon and Meesho are ramping up their hiring efforts.
Tata Trusts gets relief as regulator closes share transfer complaint
Tata Trusts has received a major relief from the Maharashtra Charity Commissioner, allowing it to continue its operations and search for a new chairman.
Syed Akbaruddin, a former diplomat appointed as part-time RBI director
Former Indian diplomat Syed Akbaruddin has been appointed as a part-time non-official director on the Central Board of the Reserve Bank of India (RBI).
Netherlands moves 86 tons of gold from US, Canada
The Dutch central bank (DNB) has shifted 86 tons of gold from the US and Canada to London. The transfer took several months and was prompted by "increasing geopolitical unrest."
ByteDance secures $30B loan amid AI spending push
ByteDance, the Chinese tech giant behind TikTok, has bagged a massive $29.6 billion loan. The move marks Asia's second-largest dollar-denominated borrowing this year.
Drivers, riders stranded mid-trip after Uber abruptly exits Nigeria, Uganda
Ride-hailing giant Uber triggered widespread chaos across Nigeria and Uganda after switching off operations with immediate effect on Wednesday, reportedly stranding drivers and passengers mid-journey.
Boeing fined $3.1M by US aviation regulator over safety violations
Boeing has been slapped with a $3.1 million fine by the US Federal Aviation Administration (FAA) for a series of safety violations.
India's services growth picks up but stays near 4-year low
India's services sector witnessed a minor uptick in August, according to the latest Purchasing Managers' Index (PMI) data from S&P Global.
7.8% or 2.6%? What is behind India's GDP data controversy
The Indian government has clarified the revisions to its Gross Domestic Product (GDP) estimates, following a claim by former Finance and Economic Affairs Secretary Subhash Chandra Garg.
Trump imposes 100% tariffs on foreign-made drones
The United States has imposed new tariffs of up to 100% on drones and certain components. The move is part of Washington's effort to reduce its reliance on imports in an industry dominated by China.
PayPal lays off 600 employees in India
PayPal has laid off around 600 employees in India as part of a global workforce restructuring to cut costs.
Trump supports OpenAI in copyright fight with New York Times
The Trump administration has contributed a 20-page brief in support of OpenAI, the company behind ChatGPT.
Tata Sons to invest over ₹10,000cr in Air India
Tata Sons' board has approved a capital infusion of over ₹10,000 crore into Air India. This is one of the largest investments in the airline since its ₹18,000-crore acquisition in 2021.
Google doesn't have to sell off its ad tech business
A US District Court judge has rejected the Justice Department's request for Alphabet Inc. to sell off its advertising exchange, AdX.
Zerodha's merchant banking license approved by SEBI: What's next?
Indian stock brokerage firm Zerodha has received approval from the Securities and Exchange Board of India (SEBI) to enter the merchant banking sector.
Uber is firing 10% of its global workforce
Uber has announced a massive restructuring plan that will see around 3,300 jobs, or 10% of its global workforce, being cut.
NIACL, IFCI shares jump 12% on NSE IPO buzz
The National Stock Exchange (NSE) is reportedly gearing up to launch its initial public offering (IPO) this month.
You can now watch micro-dramas on the Flipkart app
Walmart-owned Flipkart is launching a new feature on its app, introducing micro-dramas.
Why India's LPG consumption hit 6-month high in August
India's liquefied petroleum gas (LPG) consumption hit a six-month high in August 2026, according to official data.
India's soyoil imports touch record high: What's the reason?
India's edible oil imports surged in August, with soyoil hitting a record 601,000 tons and palm oil reaching a six-month high.
Why Japan has upgraded India's sovereign credit rating to 'A-'
The Japan Credit Rating Agency (JCR) has upgraded India's sovereign credit rating by one notch to 'A-' from 'BBB+.'
Flipkart loses 2 more VPs
Walmart-backed e-commerce giant Flipkart has witnessed another round of senior-level exits, with two Vice Presidents (VPs) resigning from their positions.
Cognition AI to raise $1B at $47B valuation
Cognition AI, an artificial intelligence coding start-up, is on the verge of closing a new funding round that could push its valuation to around $47 billion.
Amul is now strongest dairy brand in the world
Amul has been named the world's strongest dairy brand by Brand Finance, a brand valuation consultancy.
This data center operator is planning $1.5B IPO in India
Yotta Data Services, a leading data center operator backed by the Hiranandani Group, is gearing up for an initial public offering (IPO) in the January-March quarter of 2027.
Taiwan's companies to invest another $20B in US
Taiwanese companies are planning to invest an additional $20 billion in the United States, driven by the growing demand for artificial intelligence (AI) applications.
NCLAT to hear Subhash Chandra's insolvency case on October 7
The National Company Law Appellate Tribunal (NCLAT) has postponed the insolvency proceedings against Zee Entertainment Enterprises founder Subhash Chandra to October 7.
When will Tata Sons announce its next chairman?
The search for a new Chairman of Tata Group has hit a snag due to regulatory hurdles.
Axis Bank now lets you set personal UPI transaction limits
Axis Bank has launched a new feature, called UPI Limit Management, that lets customers set their own transaction limits for different categories of Unified Payments Interface (UPI) transactions.
Deepa Jewellers IPO fully subscribed, GMP points to 23% gain
The initial public offering (IPO) of Deepa Jewellers has been fully subscribed on the second day of bidding.
Sensex tanks over 600 points: What's behind today's deline?
India's benchmark equity indices fell sharply on Wednesday, mirroring the trend in global markets.
Oil prices soar to $96 as US-Iran tensions escalate
Oil prices climbed on Wednesday amid escalating Middle East tensions following recent US strikes on Iranian targets and reported retaliatory action by Tehran against US allies.
Apple's new CEO John Ternus gets $58M pay package
Apple has announced the pay packages for its new CEO, John Ternus, and executive chairman, Tim Cook.
India's current account deficit in Q1 FY27 surges to $4.2B
India's current account deficit (CAD) widened to $4.2 billion in the first quarter of FY27, up from $3.4 billion during the same period last year.
Meet Bombay Creamery, Reliance's answer to Kwality Wall's ice cream
Reliance Consumer Products Limited (RCPL), the fast-moving consumer goods (FMCG) division of Reliance Industries Limited, has launched a new ice cream brand called Bombay Creamery.
Whatfix's co-founder and CEO Khadim Batti passes away at 49
Khadim Batti, the co-founder and CEO of Whatfix, has passed away at the age of 49 due to cardiac arrest.
India's bank unions are planning a strike on September 11
The United Forum of Bank Unions (UFBU), which claims to represent over 90% of the banking workforce in India, has announced a nationwide strike on September 11.
You can soon perform agentic payments through UPI
India is gearing up to introduce a framework that will enable artificial intelligence (AI) agents to make small digital payments without needing approval for each transaction.
India wants copper and other critical minerals from Zambia
India has resumed talks with Zambia to explore investment opportunities in copper and other critical minerals.
HDFC Bank's bonds hit record low: What's the reason?
HDFC Bank's newly issued dollar bonds have plummeted to unprecedented lows, following the unexpected exit of its Chief Executive Officer (CEO), Sashidhar Jagdishan.
This auto-parts maker is planning $300M IPO in India
Faridabad-based auto-parts manufacturer, Victura Technologies, is said to be mulling an initial public offering (IPO) in India.
GST collection in August up 14.8% YoY to ₹2L crore
India's Goods and Services Tax (GST) collection for August 2026 witnessed a remarkable growth of 14.8% year-on-year, reaching ₹1,99,853 crore.
ONGC, Chevron all set for oil deals with Venezuela
Leading global energy companies are on the verge of signing key agreements for projects in Venezuela.
KYC compliance: Millions of UPI merchants may miss RBI's deadline
The Indian payments industry is preparing for major disruptions as the Reserve Bank of India (RBI) nears its September 15 deadline for Know Your Customer (KYC) compliance.
Amazon sued over alleged $20B ad overcharges
The US Federal Trade Commission (FTC) and 22 states have filed a lawsuit against Amazon, accusing the tech giant of manipulating digital advertising prices on its platform.
UPI transactions cross 24B for first time
The Unified Payments Interface (UPI) has witnessed a major milestone, crossing the 24 billion transaction mark for the first time in August.
Why your next bottle of Old Monk might look different
Mohan Rocky Springwater, the manufacturer of popular rum brand Old Monk, has agreed to change its product labeling.
UpGrad buys edtech start-up Unacademy for just over $200M
Ronnie Screwvala-led UpGrad has officially acquired edtech start-up Unacademy for just over $200 million, the latter's co-founder and CEO Gaurav Munjal announced today.
SEBI's new ETF rules kick in September 7
The Securities and Exchange Board of India (SEBI) will implement new trading rules for exchange-traded funds (ETFs) from September 7.
Hy-Tech Engineers shares debut at 42% premium
Hy-Tech Engineers, a hydraulic fitting manufacturer, has made a strong debut on the stock market.
Happiest Minds' shares down 12% after merger with ITC Infotech
The share price of Happiest Minds Technologies nosedived by nearly 12% today, following the company's announcement of a merger with ITC Infotech.
Anthropic inks $35B cloud agreement with this NVIDIA-backed company
Anthropic has signed a massive $35 billion cloud-computing deal with Lambda, a cloud provider backed by NVIDIA, for a Texas data center.
Polymarket bags $300M from Donald Trump Jr's investment fund
Polymarket, a leading prediction market platform, has raised $300 million from 1789 Capital as part of a new funding round.
India's manufacturing sector hits 5-year low in August
India's manufacturing sector has hit a five-year low in August, according to the HSBC India Manufacturing Purchasing Managers' Index (PMI).