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Missed 2026-27 income tax deadline? Belated filing, revision, condonation options
Taxpayers who missed the August 31 deadline can file a belated return by December 31 or explore revised returns and condonation of delay for specific circumstances.
Bengaluru's Whatfix co founder and CEO Khadim Batti dies
Khadim Batti, co-founder and CEO of Whatfix, a leading digital adoption platform, and a key figure in India’s SaaS ecosystem, has passed away.
Gartner: 22% fully integrated AI, 85% plan higher AI spend
Only 22% of companies have effectively scaled AI across business units, despite rising technology investments and challenges in tracking financial returns.
Indian rupee closes at 94.9500, 2-month high against US dollar
The Indian rupee hit a two-month peak at 94.9500 per dollar, driven by aggressive RBI dollar-selling intervention and foreign bank inflows, despite broader Asian currency weakness.
Reserve Bank of India appoints Suman Ray as executive director
Suman Ray has been named Executive Director of the Reserve Bank of India, effective September 1, 2026, overseeing Deposit Insurance and Premises departments.
Sony Music Publishing and Warner Chappell Music sue Anthropic
Despite paying $1.5 billion to settle a prior case, Anthropic now faces fresh allegations from Sony and Warner over unauthorized use of songs to train its AI model, Claude.
India's LNG imports rise 40% to 6-year high amid disruptions
India's LNG imports soared 40% year-on-year to 2.6 million tons in August, reaching their highest monthly level since October 2020, despite spot prices more than doubling post-war.
Tata CLiQ Luxury launches 'The M Collection' by Manish Malhotra
Tata CLiQ Luxury has become the exclusive online retail partner for Manish Malhotra Fine Jewellery’s "The M Collection," complementing its flagship store availability.
Reliance Consumer Products launches Bombay Creamery 'accessible premium' ice cream
Reliance Consumer Products Limited has debuted Bombay Creamery, India's first accessible premium dairy ice cream, offering global quality at affordable prices starting from ₹10.
Bitcoin holds near $78,270 after surge as ETF inflows rebound
Bitcoin steadies around $78,270 after last week's short squeeze, while Arbitrum's ARB jumps 30%, fueled by Robinhood Chain's soaring transaction revenue and ecosystem growth.
Ultrahuman raises about $60 million to fund growth and expansion
Qualcomm Ventures is spearheading a $60 million Series C funding round for wearable tech startup Ultrahuman, valuing the company at approximately $363 million post-money.
After 15 years Tim Cook steps down as Apple CEO
Tim Cook steps down as Apple CEO after 15 years, transforming the company into a $4.5 trillion giant, while new CEO John Ternus faces challenges in AI innovation.
Nasscom forecasts India's ER&D $63B FY26, over $100B by 2030
India's engineering R&D sector, fueled by AI integration and innovation, is projected to surpass $100 billion in revenue by 2030, according to Nasscom's latest report.
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.
EY US launches $100 million rewards program for upskilling and impact
EY US is allocating $100 million to a new rewards programme, recognising employees who foster AI-era skills, innovation, and measurable results in a technology-driven workplace.
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.
SEBI approves Gaja Capital India Fund V for 10 years
Gaja Alternative Asset Management has secured SEBI approval to register Gaja Capital India Fund V as a Category II AIF, marking a key step in its growth strategy.
Mirae Asset Mutual Fund launches 8 ETF portfolios with smallcase
Mirae Asset Mutual Fund, in collaboration with smallcase, has introduced eight ETF-based model portfolios featuring rules-based investment strategies.
Happiest Minds, ITC Infotech aim over $1B revenue by FY28
Happiest Minds Technologies and ITC Infotech project their combined revenue to surpass $1 billion by FY28, achieving the milestone ahead of initial targets.
Gold slips to ₹1.54L on MCX as silver climbs ₹2.40L
Gold prices dipped on September 1 due to weaker spot demand, while silver gained in futures trade as market participants built fresh positions amid global economic and policy cues.
India raises domestic defense production to ₹1.78L/cr amid $92.1bn spending
India's defence manufacturing is surging as companies like Reliance, Tata, and Adani collaborate with global giants to localise advanced technologies and boost self-reliance.
India caps dealer sugar storage at 2,000 quintals, 30-day limit
India has reduced the sugar stock holding limit for dealers to 2,000 quintals from September 15, aiming to curb hoarding and stabilize prices amid falling ex-mill rates.
xStep secures undisclosed Titan Capital funds to expand noninvasive neurorehabilitation
xStep, a Shark Tank India-featured neurotech startup, has secured funding from Titan Capital to scale its non-invasive spinal neuromodulation platform for neurological disorders.
Micron Taiwan workers threaten strike over bonuses and profit sharing
Micron's Taiwan unions, representing two-thirds of its workforce, are threatening a strike over profit-sharing disputes, as 80% of surveyed members back the action.
Bain report: 80% of AI pricing vendors choose capacity models
Around 80% of AI software vendors now favor capacity-based pricing, offering predictable budgets for customers and stable revenue for vendors, according to a Bain & Company report.
AI automation reshapes production at Roper Corporation plant in Georgia
AI-powered systems at GE Appliances' Georgia plant enhance quality control, minimize errors, and optimize operations, helping the U.S. factory compete against global rivals.
Venezuela overtakes Saudi as India's 3rd-biggest supplier at 358,000 bpd
India's crude imports from Venezuela surged 64% in August to 358,000 bpd, the highest since 2020, as Caracas overtook Saudi Arabia to become India's third-largest oil supplier.
Eurozone manufacturing rebounds as S&P Global PMI rises to 52.7
Eurozone manufacturing activity surged in August, reaching its fastest expansion since May 2022, driven by robust new orders and factory output despite lingering inflation risks.
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.
India to let AI agents make small UPI payments automatically
India is developing a framework for AI agents to make small digital payments autonomously via UPI, positioning the country as a global leader in agentic payment infrastructure.
UK 10-year gilt jumps to 5.23% on oil inflation fears
UK 10-year gilt yields reached 5.23%, the highest since 2008, as rising oil prices intensified inflation fears and fueled expectations of tighter monetary policy globally.
London Stock Exchange offering tokenized shares with Payward in 2027
The London Stock Exchange plans to launch tokenised stocks backed by listed companies next year, partnering with Payward, pending regulatory approval.
Godrej Agrovet up over 12% after Kotak raises target ₹1,010
Godrej Agrovet shares soared 12% on September 1 after Kotak Institutional Equities raised its target price to ₹1,010, signaling a potential 64% upside.
Veegaland Developers launches IPO priced ₹130-₹140 to raise ₹210 cr
Veegaland Developers has set its IPO price band at ₹130-₹140 per share, aiming to raise ₹210 crore for real estate projects. Subscription opens from September 10 to September 15.
HDFC Bank dollar bonds drop after CEO Sashidhar Jagdishan's departure
HDFC Bank’s dollar bonds plunged to record lows after CEO Sashidhar Jagdishan’s unexpected resignation, raising concerns over leadership succession and governance stability.
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.
Navi AMC launches Navi Nifty REITs & Realty Index Fund
Navi AMC has introduced the Navi Nifty REITs & Realty Index Fund, an open-ended index fund tracking the Nifty REITs & Realty Total Return Index, with a minimum investment of ₹100.
NCLT pauses Subhash Chandra's ₹6.25cr plan over ₹22,006.57cr
The NCLT has stayed its approval of Subhash Chandra's Rs 6.25-crore repayment plan, citing divided opinions among tribunal members and ordering a fresh review by a special bench.
Ather Energy shares surge nearly 130% in 2026 rally
Ather Energy's stock has soared nearly 130% in 2026, outperforming Tesla and BYD, as rising market share and new launches position the Indian EV maker for sustained growth.
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.
IRDAI plans a public insurance registry to consolidate policy information
India's IRDAI has proposed a Public Insurance Registry to enhance transparency, streamline data sharing, and enable informed, low-cost insurance purchases.
Gautam Adani urges ratings reflect social and economic impact
Gautam Adani emphasized the need for broader credit rating frameworks, urging analysts to consider infrastructure projects' societal and ecosystem impacts beyond financial metrics.
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.
HDFC Bank shares fall after Sashidhar Jagdishan won't seek term
HDFC Bank shares dropped to ₹698.50, a fresh 52-week low, as investors reacted to MD & CEO Sashidhar Jagdishan’s decision not to seek another term.
Indian startups raised $954 million in August 2026 after slow July
Indian startups raised $954 million across 88 deals in August, marking a 44.3% month-on-month jump and nearing the $1 billion mark after July's slowdown.
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.
Japan's 10-year yield tops 3% amid inflation and debt concerns
Japan’s benchmark government bond yield reached 3% for the first time since 1996, driven by inflation concerns, fiscal risks, and expectations of tighter Bank of Japan policies.
Hy-Tech Engineers shares debut at 42% premium
Hy-Tech Engineers, a hydraulic fitting manufacturer, has made a strong debut on the stock market.
Indian micro and nano creators face late payments, unstable income
India’s micro and nano creators, forming over 80% of the non-metro creator base, struggle with delayed payments despite their growing role in brand campaigns.
Victura Technologies prepares $300 million India IPO including investor stake sales
Faridabad-based Victura Technologies is reportedly exploring a $300 million India IPO through fresh shares and an offer for sale, with discussions underway with investment banks.
HFCL secures ₹2,329cr 3-year export deal with undisclosed client
HFCL has signed a three-year agreement worth $244 million (₹2,329 crore) to supply high-quality optical fibre cables to a global multinational corporation starting in 2027.
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.
HSBC India GIFT City unit tops $20 billion since 2021
HSBC India’s GIFT City unit surpassed a $20 billion balance sheet since its 2021 launch, highlighting its growing focus on international financial services.
Agrani Labs and Ananant Systems seek funding for Indian chips
Agrani Labs targets $50 million from Peak XV and others, while Ananant Systems seeks $5 million from the UP government and RDI fund to bolster India's semiconductor ecosystem.
Prabhudas Lilladher keeps 'Buy' on Fractal Analytics, ₹1,010 target
Prabhudas Lilladher recommends a 'BUY' rating for Fractal Analytics, citing strong revenue growth (+14% YoY in USD) and operational leverage, with a target price of Rs 1010.
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).
NCLT stays Subhash Chandra's ₹6.25cr insolvency settlement order
The National Company Law Tribunal (NCLT) has stayed its August 25 order in the insolvency case of Essel Group chairman Subhash Chandra.
RenewBuy merges into InsuranceDekho as Ankit Agrawal leads new team
InsuranceDekho and RenewBuy have merged to form a unified insurance distribution platform, combining their regional strengths for a pan-India presence.
India prepares PLI to target 30GW polysilicon capacity, estimated ₹25,000cr
India plans a new production-linked incentive scheme for polysilicon to reduce import dependence on China and support its ambitious 500 GW non-fossil power target by 2030.
Magna International invests $35 million in Yuma Energy, diluting Yulu's stake
Magna International invests $35M in Bengaluru-based Yuma Energy, increasing its stake to expand battery-swapping infrastructure for India’s growing EV and gig economy markets.
India's manufacturing posts slowest growth in 5 years in August
India's manufacturing PMI fell to 52.8 in August, marking its lowest level in 60 months amid geopolitical tensions and elevated fuel prices impacting sentiment.
Oracle may cut 7,000-10,000 jobs globally in fresh layoffs
Oracle is planning another round of layoffs that could affect thousands of employees in India, as per a Moneycontrol report.
Indian airline shares fall after jet fuel jumps to ₹121.28
Shares of IndiGo and SpiceJet dropped up to 3.2% after a 5.46% hike in aviation turbine fuel prices, escalating cost pressures for Indian airlines.
RBI's September 15 re-KYC deadline threatens small UPI merchants' payments
As the RBI’s September 15 re-KYC deadline approaches, 30-35% of small offline merchants and a million online businesses risk payment disruptions due to non-compliance.
WPP to cut up to 1,000 jobs by end 2026
WPP plans to axe up to 1,000 more jobs this year amid industry-wide slowdown and AI-driven restructuring, adding to over 11,000 layoffs since early 2025.
Anthropic IPO expected to match or exceed SpaceX's $86.2B debut
Anthropic PBC's anticipated record-breaking IPO is overshadowing other companies' US listing plans, creating fierce competition for investor attention in a crowded market.
Commercial LPG prices hiked by up to ₹12
The price of commercial liquefied petroleum gas (LPG) cylinders has been increased by around ₹10 across India.
Apple veteran Phil Schiller steps down as App Store chief
Phil Schiller, a long-serving Apple executive, is stepping down from his roles overseeing the App Store and product launches.
Canada to impose up to 50% tariffs on US imports
Canada has announced counter-tariffs of up to 50% on hundreds of US goods, targeting industries like steel, dairy, and furniture in response to new US import taxes.
Indian markets open cautiously as Sensex and Nifty slip
Indian equity markets opened cautiously on September 1, with Nifty falling 0.16% to 24,040.95 and Sensex slipping 47.74 points amid global headwinds like elevated crude prices.
MediaTek shares surge 10% after NVIDIA's $3.5B investment
MediaTek's shares surged by 10% during Taipei trading on Tuesday, following a massive $3.5 billion investment from NVIDIA.
ATF prices hiked by 5.46%: Will flight tickets rise?
The price of aviation turbine fuel (ATF) for domestic airlines has been increased by 5.46%, or ₹6.28 per liter.
ICICI Securities maintains buy on HDFC Bank at ₹920
ICICI Securities maintains a BUY rating on HDFC Bank, revising its target price to Rs 920 due to leadership uncertainties and valuation adjustments amidst regulatory challenges.
Commercial LPG cylinders rise ₹10 nationwide while home gas unchanged
Commercial LPG cylinder prices were increased by ₹10 nationwide on September 1, 2026, reversing a two-month decline. Delhi's new price stands at ₹2,747.5 per cylinder.
Shein's Hong Kong IPO drops 10%, raises US$1.7 billion
Shein's stock dropped 10% on its first trading day in Hong Kong, following a $1.7 billion IPO that valued the fast-fashion retailer at $26.3 billion.
CNG, PNG prices increased in Mumbai: Check new rates
Mahanagar Gas Limited (MGL) has announced a hike in the price of Compressed Natural Gas (CNG) and domestic Piped Natural Gas (PNG) in Mumbai.
Rupee opens at 95.01 as Fed chair comments boost dollar
The Indian rupee opened 16 paise higher at 95.01 per dollar, while most Asian currencies traded lower against the US dollar amid rate hike speculations and oil price concerns.
Indian Oil raises jet fuel 5.46% to ₹121.28 per liter
Aviation turbine fuel prices in India rose by 5.46% due to increasing global crude oil rates, driven by geopolitical tensions like the Iran-US conflict impacting energy supplies.
NVIDIA's $3.5B investment in convertible bonds lifts MediaTek shares 10%
MediaTek shares soared 10% in Taipei trading after Nvidia announced a $3.5 billion investment, marking its largest direct investment outside the United States.
Sun Pharma joins US MFN pricing deal announced by Trump
Sun Pharma has joined nine drugmakers in signing an agreement with the US government to offer Most Favoured Nation pricing for state Medicaid programs and future medicines.
Government reforms, private investment lift India 7.8% in Q1 FY27
India's Q1 GDP growth of 7.8% surpassed market expectations, reflecting strong domestic activity and government reforms, with experts emphasizing the need for higher investments.
White House backs NABEP 100-year concessions for 17 Venezuelan oilfields
North American Blue Energy Partners (NABEP) has obtained 100-year concessions for 17 Venezuelan oil fields, granting the US significant control over 65 billion barrels.
Rays of Belief launches ₹125 cr IPO Sept 1-3
Rays of Belief IPO opens today, priced at ₹227-₹239 per share, with a grey market premium of ₹48 indicating a potential 20% listing gain amidst mixed expert opinions.
India's services exports rise 13.4% YoY in July to $38.25B
India's services exports surged 13.4% y-o-y to $38.25 billion in July 2026, while imports grew faster at 19.1%, reaching $20.61 billion, RBI data revealed.
SEBI to implement updated ETF trading rules on September 7
SEBI’s updated framework for ETFs, covering base price, price bands, and pre-open call auctions, will take effect on September 7 after a one-week implementation delay.
IIT Madras's Divanshu Kumar launches Solinas Integrity targeting manual scavenging
Divanshu Kumar, an IIT Madras alumnus from Bihar, developed HomoSEP robots to replace humans in hazardous sewage cleaning; his startup is now valued at ₹15 crore.
South Korea August 2026 exports jump 68.7% on AI-powered semiconductors
South Korea's exports soared in August, driven by robust demand for AI-related semiconductors, with adjusted shipments rising 72.5% year-on-year and boosting economic momentum.
Gold steadies at $4,454.68 as markets await US jobs report
Gold prices remained stable as traders assessed escalating Middle East tensions and awaited crucial U.S. labor data, which could influence Federal Reserve interest rate decisions.
RBI forward positions hit $137B in July after long-term swaps
The Reserve Bank of India's net short forward positions surged to $137 billion in July, driven by long-term forex inflow swaps, as foreign exchange reserves hit $729.33 billion.
John Ternus becomes Apple CEO as India iPhone manufacturing rises
John Ternus, Apple’s new CEO, inherits Tim Cook’s robust India strategy, aiming to expand hardware growth and deepen the country’s role in manufacturing and software ecosystems.
Japan's factories grow 8th month as PMI hits 54.9
Japan's manufacturing sector surged in August, with new business growth hitting its fastest pace since January 2018, driven by strong semiconductor and AI-related demand.
British Retail Consortium: UK retail prices rise 1.5% in August
UK shop prices surged 1.5% year-on-year in August, the fastest pace since February 2024, driven by rising energy costs and increased demand for electronics amid the global AI boom.
Anthropic lands $35B NVIDIA-backed Lambda cloud deal for Claude AI
Anthropic has reportedly inked a $35 billion cloud-computing deal with Nvidia-backed Lambda to scale its Claude AI, addressing surging demand for AI-driven solutions.
Bengaluru's Kepler Aerospace raises $8 million for 6 autonomous swarm satellites
Kepler Aerospace secured $8 million in seed funding to develop autonomous swarm satellites for military surveillance, marking one of India's largest space-tech seed rounds.
SEBI seeks to refine F&O warnings after FY26 ₹91,685cr losses
Sebi is exploring dynamic risk warnings on brokerage apps to curb retail losses in the derivatives segment, which saw 87.7% of individual traders incur losses in FY26.
Krafton and IIT-Madras launch 6-month KIGI Academy for game developers
Krafton has launched KIGI Academy with IIT Madras to equip students with hands-on game development skills, aiming to bridge India's talent gap in the growing gaming industry.
Sashidhar Jagdishan will not seek 3rd term at HDFC Bank
HDFC Bank must finalize a new CEO by October 26 as Sashidhar Jagdishan opts out of a third term, leaving limited time for RBI approval amidst leadership transition risks.
Atlassian CEO Cannon-Brookes in Bengaluru says AI tools assist people
Atlassian CEO Mike Cannon-Brookes emphasizes prioritizing AI's value over cost as it increasingly drives productivity and innovation within enterprise software solutions.
India's market braces as about 25 IPOs seek ₹25,000 cr
India's primary market braces for a ₹20-25,000 crore IPO surge in September as nearly 25 companies rush to complete offerings before regulatory approvals expire.
Trump Jr.-backed 1789 Capital invests $300 million in Polymarket's $1B round
Polymarket has reportedly raised $300 million from 1789 Capital, co-led by Donald Trump Jr., as part of a $1 billion funding round, according to The Wall Street Journal.
Andreessen Horowitz raises $8.5B fund, launches $1.1B Machine Age Fund
Andreessen Horowitz has expanded its fifth growth fund to $8.5 billion, just days after launching the $1.1 billion Machine Age Fund targeting AI hardware startups.
Dow Jones falls 370 points as Goldman Sachs, Alphabet tumble
The Dow Jones dropped 370 points on Monday as escalating US-Iran tensions, surging crude oil prices, and renewed fears of a Federal Reserve rate hike dampened investor sentiment.
Punjab National Bank plans 12-13% lending growth in 18 months
Punjab National Bank anticipates 12-13% credit growth for 18 months, driven by MSME demand, while investing Rs 3,400 crore in AI to enhance efficiency beyond risk mitigation.
Gold slips 0.5% as oil, Treasury yields spur rate fears
Gold dipped 0.5% as escalating Middle East tensions pushed oil prices higher, fueling inflation fears and raising expectations of a Federal Reserve rate hike in September.
Japanese yen at 159.69 despite $96.4B intervention as dollar strengthens
The yen’s drop past 160 against the dollar highlights its vulnerability, raising concerns over potential intervention as markets anticipate moves from Japan and the Bank of Japan.
Vineet Nayyar warns companies should not fire employees over AI
Vineet Nayyar criticizes AI-driven layoffs, emphasizing human-led revolutions and innovations while urging leaders to inspire employees over measuring productivity.
Stocks fall as oil spike rekindles inflation fears, yields rise
U.S. stocks fell Monday as surging crude prices reignited inflation fears, while Federal Reserve Chair Kevin Warsh's hawkish remarks fueled expectations of tighter monetary policy.
Why NVIDIA is investing $3.5B in MediaTek
NVIDIA has announced a major investment of $3.5 billion in Taiwanese semiconductor giant MediaTek.
India's fiscal deficit for April-July stands at ₹4.55L crore
India's fiscal deficit for the first four months of this financial year, up to July, stood at ₹4.55 lakh crore.
You can soon port AutoPay mandates across UPI apps
The National Payments Corporation of India (NPCI) is planning to make UPI AutoPay interoperable.
How Axis Mutual Fund's new 'Shagun SIP' feature works
Axis Mutual Fund has launched a new digital feature called 'Shagun SIP,' aimed at systematic investment in gold and silver.
You can now use PhonePe for payments on feature phones
PhonePe has launched a new service, UPI 123Pay, to enable feature phone users to make Unified Payments Interface (UPI) payments without an internet connection.
Who is John Ternus, Apple's new CEO after Tim Cook?
Tim Cook, the long-serving CEO of Apple, is stepping down from his position on September 1.
Financial changes from September 1
Starting September 1, a number of key financial changes will come into effect.
India's GDP grows 7.8% in Q1 FY27, beats expectations
India's economy grew by 7.8% in the April-June quarter of FY2026-27, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI) today.
Gold falls ₹2,600, silver drops ₹4,200: What's driving the sell-off?
Gold and silver prices have witnessed a sharp decline of up to 2% in early deals on the Multi Commodity Exchange (MCX) today. The fall comes amid profit-taking and weak global cues.
This city has the most number of billionaires in Asia
The global billionaire population has seen its fastest growth since 2020, driven largely by the artificial intelligence (AI) boom.
NPS charges changing from October 1: How it affects subscribers
The Pension Fund Regulatory and Development Authority (PFRDA) has announced a revision in the charge structure for Point of Presence (PoP) channels under the National Pension System (NPS).
Zomato won't show you fake dairy dishes anymore
In a major move, Zomato has announced a zero-tolerance policy against the sale of analog dairy dishes on its platform in India.
Guidelines for Semicon 2.0 scheme notified: How it affects businesses
The Indian government has notified the detailed framework for its Semicon 2.0 scheme, which aims to boost the country's semiconductor ecosystem.
Ather Energy stock hits record high, brokerages turn bullish
Ather Energy's stock has witnessed a remarkable surge, rising by 4% to a new high of ₹1,679 today.
Why Zee Entertainment shares crashed 14% today
Zee Entertainment witnessed a massive fall in its share price on Monday.
Pernia's Pop-Up Shop IPO now open: Should you subscribe?
Purple Style Labs, the parent company of luxury fashion platform Pernia's Pop-Up Shop, has launched its initial public offering (IPO) today.
SpiceJet wants more time to pay ₹50cr to Kalanithi Maran
SpiceJet, the cash-strapped budget airline, has sought more time from the Delhi High Court to pay its first installment of ₹50 crore.
Why Bank of England chief is worried about advanced AI
Andrew Bailey, the Governor of the Bank of England, has warned that advanced artificial intelligence (AI) could pose a threat to global financial stability.
NCLAT will hear challenge to Subhash Chandra's repayment plan tomorrow
The National Company Law Appellate Tribunal (NCLAT) has agreed to hear an urgent plea from several creditors, challenging the approval of Subhash Chandra's repayment plan by the National Company Law Tribunal (NCLT).
Why Zomato is firing around 250 employees in Hyderabad
Zomato, the popular food delivery platform, is shutting down its customer support operations in Hyderabad, as per The Economic Times.
OpenAI has warrants worth $5.5B from this SoftBank subsidiary
US tech giant OpenAI has been issued warrants worth an estimated $5.5 billion by SB Energy, a power infrastructure firm, the Wall Street Journal has reported.
Zomato cuts 250 jobs as it shuts Hyderabad support center
Zomato, the food delivery platform, is shutting down its customer support operations in Hyderabad. The move will lead to around 250 job losses, as per the Economic Times.
Oil surges above $90 as US strikes Iran
Oil prices surged over 2% on Monday after US forces targeted two Iranian launchers on Larak Island in the Strait of Hormuz.
Aon nears $17B deal to buy USI Insurance
Aon, a leading insurance broker and consultancy firm, is close to finalizing a deal to acquire USI Insurance Services from private equity firm KKR.
Sensex tumbles 500 points: What's dragging markets down today?
The benchmark equity indices, Sensex and Nifty, witnessed a sharp decline on Monday.
UPI set to launch in Uzbekistan
The Unified Payments Interface (UPI) will soon be launched in Uzbekistan, the Ministry of External Affairs (MEA) has confirmed.
Why Apple's new CEO faces a management shake-up
John Ternus, the incoming CEO of Apple, is expected to make major changes in the company's executive team.
China's factory activity shrinks for second consecutive month
China's manufacturing sector has witnessed a contraction for the second consecutive month, albeit at a lesser rate than market predictions.
Ex-SBI chief Dinesh Khara among contenders for HDFC Bank CEO
Former State Bank of India (SBI) Chairman Dinesh Kumar Khara is being considered as a potential successor to Sashidhar Jagdishan for the position of Managing Director and Chief Executive Officer (MD & CEO) at HDFC Bank.
Tamil Nadu's new-age business houses line up for IPOs
A number of Tamil Nadu-based companies are preparing to launch their initial public offerings (IPOs).
SK Hynix open to more US semiconductor investments
SK Hynix's CEO, Kwak Noh-jung, has said that the company is open to more semiconductor investments in the US.
India's beauty, personal care market to reach $42B by FY31
India's Beauty and Personal Care (BPC) market is set to witness a massive growth from $23 billion in FY26 to $42 billion by FY31.
EPFO highlights campaign to bring more workers under social security
The Employees' Provident Fund Organization (EPFO) has highlighted the Employees's Enrolment Campaign 2026, which runs from June 29 to October 31, aims to widen social security coverage and formalize the workforce.
Bira 91 facing insolvency threat over ₹11cr+ unpaid dues
Bira 91, a popular Indian beer brand, is facing an insolvency threat as Hindusthan National Glass and Industries Ltd (HNGIL) has issued a default notice to its parent company B9 Beverages Ltd.
India's GDP to grow at 7-7.2% in FY27, says EY
India's real gross domestic product (GDP) growth is projected to stay strong at 7-7.2% in the financial year 2026-27 (FY27), according to a recent report by Ernst & Young (EY).
NCLT might soon have dedicated benches for insolvency cases
A Parliamentary panel has recommended the establishment of dedicated benches or verticals for insolvency cases at the National Company Law Tribunal (NCLT).
Who will become next CEO of HDFC Bank?
HDFC Bank, India's largest private lender, is considering Deputy Managing Director Kaizad Bharucha as a potential successor to current CEO Sashidhar Jagdishan.
Indian Bank to open 100 new branches, recruit 2,500 employees
Indian Bank plans to expand its operations by opening around 100 new branches in the current fiscal year, according to PTI.
India, Chile expedite efforts to finalize trade pact by year-end
India and Chile are stepping up efforts to finalize a Comprehensive Economic Partnership Agreement (CEPA) by the end of this year.
Kalshi suffers legal setback as Nevada gets power to regulate
Kalshi, a popular prediction market platform, has suffered a major setback in its legal battle against the state of Nevada.
UPI dominates India's digital merchant payments market with 77.3% share
India's digital merchant payments market is witnessing a major shift.
Robert Downey Jr. wears $1.1M watch that has no hands
Hollywood superstar Robert Downey Jr. made a grand appearance at Disney's Legends Awards Ceremony, but it wasn't just his presence that stole the show.
Country Delight wants to raise $200-300M via IPO in India
Country Delight, a leading subscription-based dairy and fresh-produce delivery platform, is gearing up for an initial public offering (IPO) in India.
BRICS summit causes luxury hotel room scarcity in Delhi
Delhi's luxury hotel market is witnessing a major spike in room rates and a shortage of availability ahead of the BRICS Summit.
India met fiscal deficit target for FY26: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has announced that the central government has successfully met its fiscal deficit targets for the financial year 2025-26.
SBI, subsidiary to divest up to 1% stake in NSE
The State Bank of India (SBI) and its subsidiary, SBI Capital Markets Ltd plan to sell up to a 1% stake in the National Stock Exchange (NSE).