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Business News

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28 Jun 2026
TL;DR

NPCI outlines 1 billion UPI daily target, CEO highlights AI

India's UPI ecosystem, processing over 750 million daily transactions, is set to leverage AI for user growth, fraud prevention, and credit distribution, says NPCI CEO Dilip Asbe.

28 Jun 2026
TL;DR

Australia's mid-2026 inflation forecast trimmed to 4.25% says Jim Chalmers

Treasurer Jim Chalmers announced that Australia’s headline inflation is expected to peak at 4.25% mid-year, aided by falling oil prices and easing Middle East tensions.

28 Jun 2026
TL;DR

Eighth Pay Commission to meet in July on pay, pensions

The 8th Pay Commission is actively engaging with employee groups and stakeholders through state visits, with meetings scheduled in Bhubaneswar on July 6-7 and Kolkata on July 9-10.

28 Jun 2026
TL;DR

Hong Kong posts $44 billion 5-year share-sale high on AI

Hong Kong's share sales soared to a five-year peak in H1 2026, driven by investor enthusiasm for AI-related companies despite a sluggish equity market and regulatory challenges.

28 Jun 2026
TL;DR

Court denies Sudhir Valia bail in 1000cr Yes Bank fraud

The Mumbai police's Economic Offences Wing has issued a Look Out Circular against businessman Sudhir Valia in connection with a ₹1,000-crore Yes Bank-linked loan fraud case.

28 Jun 2026
TL;DR

India to save ₹40,000cr yearly from local PCB production

India plans to cut reliance on imported PCBs, saving ₹40,000 crore annually, as Jewar emerges as a major electronics manufacturing hub under new initiatives.

27 Jun 2026
Kotak Mahindra Bank

Kotak Mahindra Bank's CEO Ashok Vaswani is stepping down

Ashok Vaswani, the Managing Director and Chief Executive Officer (CEO) of Kotak Mahindra Bank, has announced his decision not to seek re-appointment after his current term ends on December 31.

27 Jun 2026
Gujarat

You can now ride a 'Bharat Taxi' in Gujarat

Union Home Minister Amit Shah has launched 'Bharat Taxi,' India's first driver-owned ride-hailing platform.

27 Jun 2026
Piyush Goyal

How Indian businesses can leverage benefits of UK trade deal

Union Minister of Commerce and Industry Piyush Goyal has announced a major initiative to help Indian businesses leverage the benefits of the India-UK Comprehensive Economic and Trade Agreement (CETA).

27 Jun 2026
HDFC Bank

'Superfluous exercise': Ex-chairman of HDFC Bank slams legal review

Atanu Chakraborty, the former chairman of HDFC Bank, has criticized the bank's decision to appoint external law firms for a legal review.

27 Jun 2026
Anthropic

Musk gets FTC nod to acquire SpaceX alumni start-up

The US Federal Trade Commission (FTC) has expedited its antitrust review for Elon Musk's proposed acquisition of Mesh Optical Technologies, a start-up founded by three former SpaceX engineers.

27 Jun 2026
NASDAQ

SpaceX to join NASDAQ-100 index on July 7

SpaceX will join the NASDAQ 100 index on July 7, NASDAQ confirmed on Friday.

27 Jun 2026
Amazon Prime Video

MrBeast facing legal issues from investors over his snack brand

Jimmy Donaldson, better known as MrBeast, is facing a legal dispute with some of his investors.

27 Jun 2026
Tesla

Tesla settles lawsuit over fatal crash involving Full Self-Driving

Tesla has settled a lawsuit related to a deadly 2023 crash involving its Full Self-Driving (FSD) system.

27 Jun 2026
Iran

Iran offers discounted crude to India after US sanctions waiver

After a recent sanctions waiver from Washington, multiple middlemen have started offering discounted Iranian oil to Indian refiners.

27 Jun 2026
Airbus

Airbus secures $9.3B order for 25 A330neo jets from China

Airbus has bagged a major deal with China Eastern Airlines, which is a partially state-owned carrier.

27 Jun 2026
China

Steel imports from China, Japan, Russia facing anti-dumping investigation

India has launched an anti-dumping investigation into hot-rolled steel imports from China, Japan, and Russia.

27 Jun 2026
Apple

Apple Vision Pro chief leaves for OpenAI

Paul Meade, Apple's Vice President and head of the Vision Pro headset and smart glasses division, is leaving the tech giant to join OpenAI, according to Bloomberg.

27 Jun 2026
Indian Government

Why shelf-life rules for imported drugs might be relaxed

The Indian government has proposed a major change in the shelf-life requirement for imported medicines.

27 Jun 2026
Novak Djokovic

Novak Djokovic is now advisor to a private equity firm

Tennis legend Novak Djokovic has been appointed as a global strategic advisor by private equity firm General Atlantic.

27 Jun 2026
Gautam Adani

US judge refuses to dismiss criminal case against Gautam Adani

A US judge has denied an immediate dismissal of the criminal case against Indian billionaire Gautam Adani.

27 Jun 2026
ChatGPT

OpenAI names Uber's Prabhjeet Singh as India MD

OpenAI has appointed Prabhjeet Singh, former President of Uber India and South Asia, as its new Managing Director for India.

26 Jun 2026
Samsung

Swatch seeks $170M from Samsung in smartwatch design dispute

Swiss watchmaker Swatch has filed a lawsuit against South Korean tech giant Samsung, seeking $170 million in damages.

26 Jun 2026
Audi

Volkswagen eyes 100,000 job cuts, factory closures

Volkswagen AG, the parent company of Porsche and Audi, is planning a major restructuring.

26 Jun 2026
Delhi

Why fuel prices in India are unlikely to drop soon

State-run oil marketing companies (OMCs) are not expected to reduce retail fuel prices anytime soon.

26 Jun 2026
Facebook

Ex-Meta employee sues company over bid to silence her

Former Meta employee Sarah Wynn-Williams is suing the tech giant for its attempts to "silence" her.

26 Jun 2026
South Korea

South Korea's Kospi index tumbles 8% as AI-driven sell-off deepens

South Korea's stock market has become a prime example of how the artificial intelligence (AI) boom is reshaping global equities.

26 Jun 2026
Goldman Sachs

Goldman Sachs raises India's growth forecast to 6.8%

Goldman Sachs has raised its real GDP growth forecast for India to 6.8% for the calendar year 2026, up from its previous estimate of 6.5%.

26 Jun 2026
IndiGo

Noida International Airport to triple flight operations from July

Noida International Airport (NIA) will nearly triple its flight operations from July 1.

26 Jun 2026
Apple

Chip maker Micron briefly surpasses Meta, Tesla in market value

Micron Technology, the leading US memory-chip manufacturer, has briefly surpassed tech giants Meta Platforms and Tesla in market capitalization.

26 Jun 2026
BigBasket

'It seemed absurd': BigBasket co-founder on early doubts about quick-commerce

BigBasket co-founder Hari Menon has admitted that he was initially skeptical about the concept of quick commerce.

26 Jun 2026
Saudi Aramco

Crude oil prices fall nearly 2% on easing supply concerns

Crude oil prices witnessed a nearly 2% decline on Friday, heading for a sharp weekly loss.

26 Jun 2026
Reserve Bank Of India (RBI)

Parliamentary panel to meet RBI on crypto regulations in India

India's Parliamentary Standing Committee on Finance will meet with officials from the Reserve Bank of India (RBI) on July 2, 2026.

26 Jun 2026
LinkedIn

Pocket FM CEO breaks silence on microdrama app shutdown

Pocket FM, a leading audio entertainment company, recently announced the shutdown of its microdrama vertical, Pocket TV.

26 Jun 2026
Goldman Sachs

AI won't cause job apocalypse, but disruption expected: Goldman Sachs

A recent report by Goldman Sachs has downplayed fears of an impending "AI job apocalypse," despite the rapid development of artificial intelligence (AI) technology.

26 Jun 2026
Apple

GIFT Nifty drops 150+ points amid global AI stock sell-off

The GIFT Nifty, an early indicator of Indian equity market performance, has witnessed a sharp decline of over 150 points.

26 Jun 2026
Delhi High Court

Delhi HC orders Meesho to remove fake Jockey listings

The Delhi High Court has ordered e-commerce giant Meesho to remove product listings that allegedly violate the trademark of American innerwear and apparel brand Jockey, according to Bar & Bench.

Why OpenAI is delaying its IPO to 2027

OpenAI, the company behind the popular AI chatbot ChatGPT, is considering delaying its initial public offering (IPO) until 2027, according to The New York Times.

26 Jun 2026
CRED

CRED introduces AI coach to help users understand credit scores

Fintech platform CRED has launched an innovative artificial intelligence (AI)-powered credit coaching feature.

26 Jun 2026
JP Morgan

JPMorgan promotes two veterans in race to succeed Jamie Dimon

JPMorgan Chase has announced a major management overhaul, promoting two of its long-serving executives, Troy Rohrbaugh and Doug Petno, as co-presidents.

26 Jun 2026
Anthropic

SoftBank shares slide 13% amid reports of OpenAI IPO delay

SoftBank Group Corp's shares fell by as much as 13% on Friday.

26 Jun 2026
Startups

Om Malik, a legendary tech journalist, passes away at 59

Om Malik, the founder of technology-focused analyst firm and media company Gigaom, has died at the age of 59. He breathed his last on June 24 at Stanford Hospital.

25 Jun 2026
Iran

Government lifts all curbs on commercial LPG supply

The Ministry of Petroleum and Natural Gas has announced the removal of all sectoral restrictions on the supply of non-domestic packed LPG and restored supplies to the levels prevailing prior to the West Asia crisis.

25 Jun 2026
United States of America

EU approves tariff measures to implement trade deal with US

The European Union (EU) has approved two regulations to implement tariff commitments under the EU-US Joint Statement of August 21, 2025.