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Business News

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14 Jun 2026
TL;DR

Dr V Anantha Nageswaran says India not fudging GDP figures

India's Chief Economic Advisor emphasized that GDP revisions follow global standards, ensuring transparency and reliability without artificially inflating economic output figures.

14 Jun 2026
TL;DR

India's CEA V Anantha Nageswaran warns of AI stock bubble

India's Chief Economic Advisor V Anantha Nageswaran warns that artificial intelligence stock valuations are in bubble territory, driven by exaggerated productivity narratives.

14 Jun 2026
Iran

Wall Street turns to war-risk models as conflicts shake economies

As wars continue to disrupt the financial industry, Wall Street is turning to new catastrophe models for predicting military conflicts.

14 Jun 2026
Emmanuel Macron

Bharat Innovates 2026: Modi meets top global investors in France

Prime Minister Narendra Modi met leading venture capitalists, global investors, and innovation ecosystem leaders in Nice, France, on Sunday.

14 Jun 2026
Florida

Meet Pranjali Awasthi, the 15-year-old who founded ₹100cr AI start-up

Pranjali Awasthi, a young Indian entrepreneur, has taken the tech world by storm with her artificial intelligence (AI) start-up Delv. AI. The company is now valued at nearly ₹100 crore.

14 Jun 2026
TL;DR

Jio Platforms jumps 320 spots into WIPO top 20 2025

Jio Platforms Ltd has surged 320 spots to secure the 20th position in WIPO's Patent Cooperation Treaty rankings, becoming the only Indian tech firm among global leaders.

14 Jun 2026
Amazon

Amazon to invest $35B in India by 2030

Amazon has announced its most aggressive expansion phase in India, with a planned investment of $35 billion by 2030.

14 Jun 2026
IDBI Bank

LIC eyes stronger market leadership as it nears platinum jubilee

Life Insurance Corporation of India (LIC) is gearing up to strengthen its market leadership in the life insurance sector as it approaches its platinum jubilee.

14 Jun 2026
TL;DR

Prime Minister Narendra Modi at Bharat Innovates 2026 in Nice

Prime Minister Narendra Modi met global investors and venture capitalists in Nice, France, ahead of inaugurating the Bharat Innovates 2026 conclave with President Macron.

14 Jun 2026
SpaceX

Uday Kotak calls SpaceX's market listing 'true test of capitalism'

Billionaire banker Uday Kotak has weighed in on the historic stock market debut of SpaceX, calling it a "true test for capitalism."

14 Jun 2026
India

FSSAI issues notices to 8 firms over misleading product claims

The Food Safety and Standards Authority of India (FSSAI) has issued notices to eight food companies over misleading brand names, trade names, and product claims.

14 Jun 2026
Ashwini Vaishnaw

More companies to start memory chip production in India: Vaishnaw

Union Minister Ashwini Vaishnaw has said that more companies are likely to invest in India for memory chip production.

mAadhaar to be replaced by new Aadhaar app: What's changing

The Unique Identification Authority of India (UIDAI) is replacing the mAadhaar app with a redesigned Aadhaar app.

14 Jun 2026
Iran

Global air passenger demand growth to slow down in 2026

The International Air Transport Association (IATA) has predicted a slowdown in global air passenger demand growth for 2026.

14 Jun 2026
Assam

Governance noise is overshadowing ₹1,600cr philanthropic mission: Tata Trusts CEO

Siddharth Sharma, the CEO of Tata Trusts, has defended the institution against recent media scrutiny over governance issues within the Tata group.

14 Jun 2026
Central Government

8th Pay Commission: Salary hike, fitment factor, what to expect

The 8th Pay Commission is set to revise salaries, pensions, and allowances for some 55 lakh central government employees and around 69 lakh pensioners.

14 Jun 2026
TL;DR

SpaceX listing pushes Alwaleed bin Talal's net worth over $27B

Prince Alwaleed bin Talal's Kingdom Holding saw its valuation climb after SpaceX's debut share surge, propelling the billionaire's net worth to a decade-high of over $27 billion.

14 Jun 2026
TL;DR

India eases Portfolio Investment Scheme rules as rupee strengthens

India has amended its Foreign Exchange Management Act, allowing persons resident outside India (PROIs) to invest more significantly in listed Indian stocks.

14 Jun 2026
TL;DR

Telehealth companies act as gatekeepers for popular obesity medications

Telehealth companies, hired by employers, play a significant role in determining access to obesity drugs, often prioritizing cost management over patient needs.

14 Jun 2026
China

China overtakes US in total R&D investment

China has officially overtaken the United States in total research and development (R&D) investment, marking a major shift in the global scientific landscape.

14 Jun 2026
TL;DR

Amazon to invest $35B in India by 2030 atop $40B

Amazon is embarking on its most aggressive expansion in India, committing an additional $35 billion by 2030 to bolster quick commerce, digital infrastructure, and logistics.

14 Jun 2026
TL;DR

Anthropic blocks foreign access to Fable 5 and Mythos 5

Sarvam AI CEO Pratyush Kumar views the US ban on Anthropic's advanced models for foreigners as a pivotal moment, emphasizing the need for sovereign AI development.

14 Jun 2026
Personal Finance

Silver down 50% from all-time high: Should you invest?

Silver prices have witnessed a dramatic fall, correcting nearly 50% from their all-time high of $121 per ounce and ₹4.28 lakh per kg in January.

14 Jun 2026
ICICI Bank

Market cap of India's top 8 firms up ₹1.9L crore

The combined market capitalization of eight out of India's top 10 most valuable companies surged by ₹1.90 lakh crore last week.

14 Jun 2026
Foreign Investment

FPIs withdraw ₹62,853cr from Indian equities in June

Foreign portfolio investors (FPIs) have continued their selling spree in the Indian equity market, pulling out over ₹62,853 crore in early June.

14 Jun 2026
National Stock Exchange

NSE to file draft papers for its IPO next week

The National Stock Exchange (NSE), India's largest stock exchange, is gearing up for its long-awaited initial public offering (IPO).

14 Jun 2026
TL;DR

India set for memory chip surge amid $200B data-center investments

Union Minister Ashwini Vaishnaw anticipates new investments and expanded production in India's memory chip sector to address global supply-demand imbalances and rising demand.

14 Jun 2026
China

Meta starts unwinding $2B Manus AI deal after Beijing order

Meta has started the process of unwinding its $2 billion acquisition of AI start-up Manus.

14 Jun 2026
TL;DR

India opens access for nonresident individuals under portfolio investment route

The government has expanded the portfolio investment route, allowing all individuals residing outside India, beyond NRIs and OCIs, to invest in listed Indian companies.

14 Jun 2026
TL;DR

Anil Aggarwal's Vedanta to list 4 companies on June 15

Vedanta Ltd's demerger creates four focused entities—Aluminium, Oil & Gas, Power, and Iron & Steel—set to list on June 15, offering investors targeted growth opportunities.

14 Jun 2026
TL;DR

Tuhin Kanta Pandey announces SEBI AI rules for capital markets

SEBI is formulating a comprehensive framework to regulate AI in capital markets, aiming to balance innovation with risks like bias and cybersecurity.

14 Jun 2026
TL;DR

Indian firms shift from AI readiness to affordable full-scale deployment

Indian enterprises are prioritizing AI's business value and cost over readiness, with 67% moving from pilots to execution, says SAP India President Manish Prasad.

14 Jun 2026
Apple

Tata's iPhone factory allegedly contaminated groundwater in Tamil Nadu

Tata Electronics, a key player in Apple's supply chain, is facing allegations of groundwater contamination.

14 Jun 2026
G Kishan Reddy

Modi government flags disappearance of 40L ton coal worth ₹1,600cr

Union Coal Minister G Kishan Reddy has flagged the disappearance of 40 lakh tons of coal worth around ₹1,600 crore.

14 Jun 2026
TL;DR

India's top firms gain ₹1.90L/cr as Sensex and Nifty rally

The combined market valuation of eight top-10 firms rose by ₹1.90 lakh crore last week, with ICICI Bank leading gains amid a broader equity market rally.

14 Jun 2026
TL;DR

CineNow Ltd launches ₹1,350cr 6-year fund to finance Indian films

CineNow Ltd is finalizing a ₹1,350 crore close-ended fund with global investor commitments to revolutionize Indian film financing through structured and technology-driven models.

14 Jun 2026
Mumbai

Home loan insurance demand jumps 7-fold in India

Home loan insurance is witnessing a massive surge in India, with policy uptake increasing nearly seven times in the last five months.

14 Jun 2026
TL;DR

Amazon ramps India automation with SLAM labeler, Tye Brady says

Amazon plans to enhance automation technologies at its Indian fulfilment centres, including advanced inventory management systems, as part of its long-term investment strategy.

14 Jun 2026
TL;DR

KKR launches Helix digital infrastructure led by Adam Selipsky

KKR, backed by Nvidia, Vistra, and Kuwait Investment Authority, has unveiled Helix Digital Infrastructure with over $10 billion in capital to advance AI infrastructure development.

14 Jun 2026
Russia

India remains world's 2nd-biggest importer of Russian fossil fuels

India has retained its position as the world's second-largest importer of Russian fossil fuels, according to a report by European think tank Centre for Research on Energy and Clean Air (CREA).

14 Jun 2026
TL;DR

FPIs pull ₹63,000 cr from Indian equities in early June

Foreign Portfolio Investors withdrew over Rs 62,800 crore from Indian equities in early June, driven by geopolitical tensions, global growth concerns, and a weakening rupee.

14 Jun 2026
TL;DR

Magicpin's Vera aims to connect 1 million businesses by 2026

Magicpin's AI assistant, Vera, onboarded 5 lakh merchants in three months and aims to double its base to over 10 lakh by 2026, driving operational insights and engagement.

14 Jun 2026
TL;DR

Iran conflict shakes global economy as ECB raises interest rates

The Iran war has triggered a global inflation wave, driving energy costs higher and slowing economic growth, with central banks like the ECB raising interest rates in response.

14 Jun 2026
TL;DR

Anthropic CEO Dario Amodei keeps only 1 direct report

At Anthropic, CEO Dario Amodei has just one direct report—his chief of staff, Avital Balwit—while day-to-day operations are managed by his sister and co-founder, Daniela Amodei.

14 Jun 2026
TL;DR

NSE filing IPO papers with SEBI June 15 or 16

The National Stock Exchange is poised to file its draft papers with SEBI next week, marking a significant step toward its long-pending IPO after receiving regulatory clearance.

How TCS has responded to employee suicide case in Maharashtra

Tata Consultancy Services (TCS) has said it is "ascertaining the facts" after a 48-year-old employee was found dead at his residence in Bhosari, Maharashtra.

14 Jun 2026
TL;DR

Pranjali Awasthi, about 20 (in her early 20s) as of June 2026, launched Delv. AI at 16 valued near 100cr

Pranjali Awasthi, an Indian-origin entrepreneur, founded Delv.AI at 16. Her AI startup, now valued at nearly Rs 100 crore, began with her coding journey at age 7.

14 Jun 2026
TL;DR

NVIDIA to ship Vera CPUs to China amid H200 curbs

Nvidia has started promoting its Vera CPUs to Chinese clients, aiming to revive its market presence amid U.S. export controls and competition from Intel and AMD, sources revealed.

14 Jun 2026
TL;DR

Satya Nadella: Xbox games generate more YouTube revenue, wants changes

Microsoft CEO Satya Nadella revealed that YouTube earns more from Xbox games than Microsoft, signaling a need for a strategic shift after 25 years of subsidizing the division.

14 Jun 2026
TL;DR

Policybazaar: home loan insurance adoption nearly sevenfold in India

Home loan insurance adoption has skyrocketed sevenfold in five months, driven by rising borrower awareness and increasing home loan sizes with longer repayment tenures.

14 Jun 2026
TL;DR

Indian staffing firms go global amid rising skilled professional demand

Indian staffing companies are leveraging global talent shortages to diversify revenues, focusing on high-demand sectors and international markets.

14 Jun 2026
TL;DR

Meta ends $2B Manus acquisition after Beijing national security mandate

Meta has begun dismantling its $2 billion acquisition of Manus following Beijing's divestiture order, halting data sharing and cutting the AI startup off from internal systems.

13 Jun 2026
IIM-Calcutta

IIM-Calcutta students can now pursue entrepreneurship without losing placements

The Indian Institute of Management (IIM) Calcutta has launched a unique initiative, allowing its MBA students to pursue their entrepreneurial dreams without losing out on campus placements.

13 Jun 2026
JP Morgan

Gold to hit $6,000 by end of 2026: JP Morgan

JP Morgan Global Research has predicted that gold prices could reach new record highs by the end of 2026.

13 Jun 2026
World Bank

World Bank thinks 2020s is 'lost decade' for developing economies

The World Bank has warned that the 2020s could be a "lost decade" for many developing economies.

13 Jun 2026
Reliance Industries

India's top firms hold cash reserves of over $200B

India's leading corporations are sitting on a massive cash reserve of ₹18.7 lakh crore (over $200 billion) for fiscal 2026, a 12% increase from last year.

13 Jun 2026
Elon Musk

SpaceX IPO: Japanese investors sought over $6B worth of shares

Japanese investors expressed a strong interest in SpaceX's record-breaking initial public offering (IPO), seeking over ¥1 trillion ($6.2 billion) worth of shares.

13 Jun 2026
Elon Musk

How Musk's SpaceX created over 4,400 millionaires overnight

SpaceX's historic initial public offering (IPO) has made not just Elon Musk the world's first trillionaire but also created thousands of new millionaires almost overnight.

13 Jun 2026
Lawsuits

Palantir has faced a legal setback in Switzerland

Palantir, a leading US technology company, has lost a legal battle against a Swiss independent magazine.

13 Jun 2026
India

India's FTAs can help reach $1T export target by 2030

India's recent free trade agreements (FTAs) have the potential to drive manufacturing growth, revive private capital expenditure (capex), and integrate supply chains, a report by Yes Securities has said.

13 Jun 2026
Cybersecurity

SEBI to simplify KYC norms for foreign investors

The Securities and Exchange Board of India (SEBI) is planning to make Know Your Customer (KYC) norms simpler for foreign portfolio investors (FPIs).

13 Jun 2026
Dubai

Emirates to show FIFA World Cup matches on flights

Emirates Airlines has announced that it will show all the matches of the FIFA World Cup live on its flights.

13 Jun 2026
Mark Zuckerberg

Mark Zuckerberg admits missteps in Meta's AI workforce overhaul

Meta CEO Mark Zuckerberg has acknowledged errors in the company's artificial intelligence (AI) workforce transformation.

13 Jun 2026
Paramount Pictures

US DOJ approves Paramount's $111B acquisition of Warner Bros

The US Department of Justice (DOJ) has approved Paramount Skydance's $111 billion acquisition of Warner Bros. Discovery.

13 Jun 2026
Microsoft

Microsoft considers spinning off Xbox gaming division

Microsoft is considering a major overhaul of its Xbox gaming division, including the possibility of spinning it off or restructuring it as a wholly owned subsidiary.

13 Jun 2026
Central Government

8th Pay Commission: Vehicle, festival, and natural disaster advances proposed

The Staff Side of the National Council (JCM) has proposed a set of new advances in salary for central government employees.

IPO-bound Razorpay set to file confidential draft papers next week

Razorpay, a leading fintech company based in Bengaluru, is reportedly gearing up for its Initial Public Offering (IPO).

13 Jun 2026
Elon Musk

SpaceX shares jump 19% on debut after record $75B IPO

Elon Musk's aerospace company, SpaceX, has made history with its record-breaking $75 billion initial public offering (IPO).

13 Jun 2026
Europe

EU moves to tighten carbon emissions fee on imports

The European Union (EU) has decided to make it more difficult to suspend its carbon emissions fee on imports.

13 Jun 2026
Elon Musk

Beyond Elon Musk: Who else gained from the SpaceX IPO?

SpaceX's debut on the stock market has triggered a major wealth creation event in American business history.

13 Jun 2026
Mark Zuckerberg

Meta's AI team on the brink of a revolt

Meta's Applied AI team, a group of some 6,500 engineers and product managers, is reportedly on the brink of a revolt, according to WIRED.

13 Jun 2026
Google

Google will appeal a German court ruling on AI overviews

Google has announced its decision to appeal a German court ruling that held the tech giant legally responsible for false claims generated by its AI Overviews.

13 Jun 2026
United Nations (UN)

UN adopts historic convention to protect gig economy workers

The United Nations' International Labour Organization (ILO) has adopted a historic convention to protect gig economy workers.

13 Jun 2026
Nestle India

Does Nestle's MAGGI noodles have an infestation issue?

Nestle India has refuted allegations of infestation in its popular MAGGI noodles.

13 Jun 2026
SpaceX

SpaceX president hints at possible merger with Tesla

SpaceX President and COO Gwynne Shotwell has hinted at the possibility of a merger with Tesla.

13 Jun 2026
Elon Musk

Robinhood sees record traffic after SpaceX's historic market debut

Robinhood, the popular trading platform, has reported "record-breaking" traffic on its services on Friday, June 12, 2026.