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Some Indian banks offer July 2026 FD rates above 7%
Fixed deposits offer secure returns with varying interest rates across banks. Here's an updated comparison of FD rates from leading Indian and foreign banks as of July 2026.
Indian mithai exports grow over 10% annually, ₹1.5L/cr industry
Indian mithai exports are growing at over 10% annually, with sweets like gulab jamun and rasgulla gaining popularity beyond the diaspora in Europe, Southeast Asia, and the US.
Genpact's Vijay Vijayasankar says AI is transforming BPM, disintermediating BPOs
Genpact’s Vijay Vijayasankar emphasizes the shift from labor-based models to outcome-driven approaches as AI reshapes the business process management landscape.
Delta Electronics India meets Tamil Nadu CM C Joseph Vijay
Delta Electronics India executives met Tamil Nadu CM C Joseph Vijay to discuss collaborations in AI-driven data centers, energy infrastructure, and smart manufacturing initiatives.
NITI Aayog index ranks Gujarat top with a 56.6 score
NITI Aayog launched the Investment Friendliness Index to evaluate states' investment appeal, with Gujarat, Maharashtra, and Tamil Nadu emerging as top performers in the rankings.
Apple nears reclaiming top market value spot as NVIDIA slips
Apple nears overtaking Nvidia as the world's most valuable company, reflecting shifting investor focus amid evolving AI strategies and market dynamics.
India and Israel resume FTA talks to ease bilateral trade
An Israeli trade delegation will visit India next week for the second round of negotiations on the proposed Free Trade Agreement, aiming to enhance bilateral trade and cooperation.
Xtranet Technologies launches ₹170cr IPO from July 23 priced ₹120-127
Xtranet Technologies will open its Rs 170-crore mainboard IPO for subscription from July 23-27, offering shares at a price band of Rs 120-127 each.
MakeMyTrip (India) Limited confidentially files IPO seeking over $1 billion
MakeMyTrip has confidentially filed draft papers with SEBI for a billion-dollar-plus India IPO, aiming to enhance brand visibility and strengthen its financial position.
Global equities slide as Sensex rallies nearly 965 points
Nasdaq 100 futures fell 2% as chip stocks faced sharp selling, while Netflix slumped 11% after a weak forecast, reflecting broader global market weakness.
HCLTech opens 500-seat fintech hub in Gujarat's GIFT City
HCLTech inaugurated a 500-seat fintech centre in Gujarat's GIFT City to deliver advanced technology services like AI and data engineering for banking and financial clients.
India's foreign exchange reserves rise $964 million to $675.16 billion
India's foreign exchange reserves rose by $964 million to $675.16 billion for the week ended July 10, 2026, driven by gains in foreign currency assets and gold reserves.
Women shift mutual fund allocations toward equities, ₹11.3 trillion
Indian women are transitioning from traditional savings like gold to equities, driven by rising financial independence, digital access, and a focus on long-term wealth creation.
EPFO working on universal PF scheme for gig, self-employed workers
The Employees' Provident Fund Organisation (EPFO) is said to be working on a universal provident fund (PF) scheme, according to The Times of India.
HLL Lifecare Ltd launches fully compostable 'Happy Days-Earth' sanitary napkin
HLL Lifecare Ltd has introduced Happy Days–Earth, a fully compostable sanitary napkin designed to reduce menstrual waste and meet Bureau of Indian Standards (BIS) norms.
Tata Electronics to build India's 1st semiconductor wafer plant
Tata Electronics, a subsidiary of the Tata Group, is preparing to set up India's first large-scale semiconductor wafer manufacturing facility.
AMFI rules from July 17 ease nominee mutual fund claims
AMFI has revised SOPs for mutual fund transmission, simplifying procedures for nominees by addressing documentation mismatches in addresses, names, and signatures to reduce delays.
Gallup: Only 20% of employees worldwide feel genuinely engaged
Global employee engagement has plummeted to 20%, matching COVID-era lows. A new report reveals disengagement costs the global economy $10 trillion annually in lost productivity.
Sensex jumps 965 points, Nifty tops 24,300 on IT rally
Indian benchmark indices, Sensex and Nifty, witnessed a massive rally on Friday.
Ex-Meta employees sue company over AI-driven layoffs, allege discrimination
Meta is facing a federal lawsuit from 26 former employees, who have accused the company of using AI-powered metrics to unfairly target workers for layoffs.
Wells Fargo sheds 79,000 jobs amid AI and automation shift
Wells Fargo has eliminated 79,000 jobs over six years, citing AI and technology as key drivers for ongoing workforce reductions and operational efficiency improvements.
Nikhil Kamath and Brian Armstrong criticize high AI firm valuations
Zerodha's Nikhil Kamath and Coinbase's Brian Armstrong highlight how affordable open-source AI models undermine the soaring valuations of OpenAI and Anthropic.
PayPal rejects $53B takeover bid from Stripe-led group
PayPal has rejected a $53 billion takeover bid from rival payment processor Stripe and private equity firm Advent International, according to Reuters.
JSW Steel profit more than doubles to ₹4,696cr in Q1
JSW Steel reported a consolidated net profit of ₹4,696 crore in Q1 FY27, more than doubling from ₹2,209 crore in the same quarter last year.
Indian rupee slips to 96.28 per dollar after Brent jumps
The Indian rupee fell 1% week-on-week to 96.28 per dollar, driven by a 13% surge in Brent crude oil prices amid escalating US-Iran tensions impacting energy supply routes.
Moonshot unveils Kimi K3 at China AI summit, markets tumble
Moonshot’s Kimi K3 model, rivaling top US AI systems, triggered a tech stock selloff as investors feared its impact on semiconductor demand and global AI competition.
Newgen Software forecasts high-teen revenue growth on AI and subscriptions
Newgen Software anticipates high-teen revenue growth in FY27, driven by rising demand for AI-enabled solutions and subscription-based SaaS offerings across global markets.
India's Q2 2026 smartphone shipments fall 10% steepest since 2020
India's sub-15k smartphone segment saw a 45% YoY shipment drop in Q2 2026, driven by soaring memory prices and subsequent price hikes across budget devices.
Tata Power set to announce Q1 FY27 results July 27
Tata Power's Board will meet on July 27, 2026, to approve Q1 FY27 financial results. The trading window for its securities will reopen 48 hours after the announcement.
Samsung Electronics, SK Hynix dominate South Korea AI leveraged ETFs
South Korea's stock market faces unprecedented volatility as leveraged bets on AI-focused chipmakers overshadow traditional investment fundamentals.
ZEEL mulls 49% sale of Zee Music to raise funds
Zee Entertainment is considering selling a 49% stake in its music arm, Zee Music, aiming to boost cash reserves and achieve a valuation of ₹6,000 crore.
IT stocks, Reliance and banks lift Sensex near 1,000 points
The Sensex surged 953.76 points, driven by strong IT stock performance, gains in Reliance Industries and private banks, and stable crude oil prices despite US-Iran tensions.
Nothing tops India Q2 2026 charts with 105% shipment surge
Nothing emerged as India's fastest-growing smartphone brand in Q2 2026, with shipments surging 105% year-on-year, driven by strong demand and strategic IPL sponsorship.
Netflix stock falls 9% after-hours on weak revenue forecast
Netflix shares fell 9% in pre-market trading after its Q3 revenue guidance missed Wall Street estimates, overshadowing in-line Q2 earnings and a slight revenue shortfall.
EPFO launches VISHWAS 2026 to settle employer provident fund disputes
EPFO has introduced the six-month 'VISHWAS 2026' scheme to resolve employer penalty disputes digitally, promote voluntary compliance, and reduce litigation efficiently.
India launches 1st hydrogen train, Jindal Stainless supplies 40% stainless-steel
Jindal Stainless supplied 40% of the stainless steel for India's first hydrogen-powered train, marking a significant step towards sustainable mobility in the railway sector.
Indian AI focused stocks fall after global semiconductor selloff
Stocks of AI-related companies, including E2E Networks and GE Vernova T&D India, fell up to 5% on July 17 as a global chip selloff intensified across markets.
India's government and RBI plan digital rupee expansion for welfare
The Centre and RBI aim to broaden digital rupee pilots to include farmer income-support payments and pensions, testing its efficiency in Direct Benefit Transfers (DBTs).
Central Bank of India posts ₹1,324 cr Q1 FY27 profit
Central Bank of India reported a 13% rise in net profit to Rs 1,324 crore for the June quarter, alongside improved asset quality and strengthened capital adequacy ratio at 18.28%.
Zepto plans IPO targeting lower valuation, $4.5B foreign $3-3.5B domestic
Zepto Ltd. is targeting a significantly reduced IPO valuation, with foreign investors valuing it at $4.5 billion, down from its $7 billion peak last October.
Jio Platforms to begin IPO roadshow next week
Jio Platforms, the digital services subsidiary of Reliance Industries, will begin marketing for its proposed initial public offering (IPO) next week, according to Mint.
Volkswagen workers set to grill CEO over restructuring plans
Volkswagen's works council has announced plans for special staff assemblies with CEO Oliver Blume in August, according to Reuters.
Federal Bank reports Q1 profit up 36.5% to ₹1,177cr
Federal Bank's Q1 FY27 net profit soared 36.5% YoY to ₹1,177 crore, driven by a 26% rise in net interest income and improved asset quality metrics.
Meta sued by 26 employees alleging AI decided recent layoffs
Former employees allege Meta used internal AI systems to determine layoffs, claiming the process unfairly impacted those on legally protected medical or parental leave.
Manipal Hospitals trims IPO to 80,000cr amid Middle East tensions
Manipal Health Enterprises plans to reduce its IPO valuation to ₹80,000 crore, aiming to raise ₹11,000 crore through a share sale amid cautious investor sentiment.
AI rally reroutes India fund flows to South Korea Taiwan
India-focused funds have lost their five-year edge over global emerging market peers as AI-driven capital flows redirected investments to South Korea and Taiwan, Elara reported.
South Korea sees leveraged ETF surge on Samsung, SK Hynix
Leveraged ETFs tied to AI chipmakers like Samsung and SK Hynix are driving sharp market swings globally, with South Korea emerging as a hotspot for amplified trading activity.
Jio Financial Services Q1 FY27 profit up 155% to ₹830cr
Jio Financial Services shares surged 6% to ₹250 after reporting a 155% YoY jump in Q1 net profit to ₹830 crore, driven by robust growth in investing and lending revenues.
Amazon builds AI to route warehouse workers, faces manager backlash
Amazon is piloting AI-driven warehouse staffing tools, but managers argue the software misjudges floor conditions, leading to inefficiencies and overridden recommendations.
Tata Electronics preparing Dholera plant for 90-nanometer chip production
Tata Electronics' first semiconductor plant in Dholera, Gujarat, is reportedly set to begin production with 90nm chip technology instead of the planned 28nm.
India rises to 4th biggest LNG regasification player by 2025
India became the fourth-largest LNG regasification market in 2025, with a capacity of 52.5 mtpa across eight terminals, surpassing Spain, according to the IGU’s 2026 report.
WeWork India posts ₹4.30cr April-June 2026 loss as stock drops
WeWork India shares dropped nearly 6% as the company reported a consolidated net loss of Rs 4.30 crore in Q1 FY24, driven by higher operational expenses.
Government may charge big businesses on UPI payments above ₹2,000
The Indian government is mulling the reintroduction of a Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions for large merchants.
India's gems and jewelry exports rise 26.51% in June 2026
India's gems and jewellery exports rose 26.51% year-on-year in June 2026 to $2.21 billion, marking a recovery after months of decline due to weak global demand.
McKinsey report: CFOs and CIOs push generative AI financial sustainability
As enterprise adoption of generative AI scales, McKinsey highlights financial sustainability as a key focus, with 60% of agentic AI costs tied to refining responses.
Six Indian AI startups attract investor interest from major backers
India's venture capital ecosystem is witnessing a surge in AI investments, with top firms and angel investors eyeing deals across half a dozen promising startups.
Reliance Industries promoter group raises stake to 50.48% spending ₹8,500-9,000cr
Reliance Industries' promoter group raised its shareholding to 50.48% in Q1 FY24, investing ₹8,500-9,000 crore through market purchases under SEBI regulations.
Investor enthusiasm for AI chipmakers wanes as growth outlook dims
The AI chip boom is slowing as investors reassess valuations and shift focus to hyperscalers and sectors benefiting from AI adoption, like healthcare and enterprise software.
Uber to acquire Germany's Delivery Hero for $14.8B
Uber has announced its acquisition of German food delivery company Delivery Hero for $14.8 billion.
RBI Governor Sanjay Malhotra announces limited liability framework, ₹25,000 compensation
The Reserve Bank of India will implement a limited liability framework from January 1, 2027, offering compensation up to ₹25,000 for victims of small-value digital banking frauds.
EPFO planning universal provident fund for freelancers and gig workers
EPFO is developing a framework to extend provident fund benefits to self-employed, gig, and unorganised workers, enabling flexible contributions and tax-exempt retirement savings.
Government launches Employees's Pension Scheme 2026 replacing EPS-95 rules
EPS-2026 replaces the old EPS-95 framework under the Code on Social Security, retaining most rules while introducing streamlined processes and improved accountability.
Indian jeweler moves 12 tons gold hedges to MCX futures
A major Indian jeweller has reportedly moved 12 tonnes of gold hedges from GIFT City to MCX, opting for rupee-denominated contracts over dollar-based ones.
Indian Sensex jumps over 750 points as Nifty50 tops 24,250
Sensex soared over 750 points, and Nifty50 surpassed 24,250 as IT stocks rallied on strong earnings, while banking shares gained ahead of quarterly results.
Over 4,500 Google workers seek layoff protections amid AI push
Google employees have filed a petition seeking layoff protections amid the ongoing artificial intelligence (AI) boom.
AI chipmakers face investor pressure as big tech spending cools
Investors are adjusting portfolios as hyperscaler capital expenditures, which fueled the AI chip boom, are projected to decelerate significantly in coming years.
India's inflation tops 4% target, Sanjay Malhotra cites supply disruptions
RBI Governor Sanjay Malhotra highlights Middle East tensions and a weak monsoon as key threats to India's economy, with inflation surpassing the central bank's 4% target.
Verizon cuts 3,000 jobs, sells 274 stores
Verizon, a leading US telecom giant, is going through a massive restructuring of its retail business.
HDFC Bank shares rise to ₹819.80 ahead of Q1 results
HDFC Bank shares rose over 1% on Friday, reaching ₹819.80 intraday, as investors anticipate the lender's Q1 FY27 earnings announcement scheduled for Saturday, July 18.
Startups adopt Claude Code and Codex to speed software development
Startups are leveraging AI-powered coding tools to streamline operations, enabling smaller teams to achieve more while reducing reliance on junior developers.
India's NSE $3bn September IPO faces Dolat Capital 'sell' warning
Dolat Capital issued a rare 'sell' call for NSE, citing regulatory headwinds and high valuations ahead of its anticipated $3 billion IPO in September.
India launches semiconductor mission 2.0 with ₹1.3L/cr, founders retain control
The equity co-investment model under ISM 2.0 is hailed as a game-changer, enabling private capital inflow and reducing early-stage risks for India's semiconductor startups.
Zepto launches ₹99/month Club membership with cashback, priority delivery perks
Zepto, the popular quick-commerce platform, has launched an invite-only paid membership program called Zepto Club.
CEAT shares tumble over 9% after Q1 FY27 profit crash
CEAT shares fell over 9.3% after Q1 FY27 net profit plummeted 96.4%, despite a 22.4% revenue growth, as raw material inflation and finance costs impacted earnings.
Jio Platforms launches IPO marketing blitz for ₹32,000cr to ₹35,000cr
Jio Platforms Ltd plans to start marketing its ₹30,000 crore-plus IPO next week after announcing its Q1 earnings, aiming for India's largest public offering.
Databricks secures $3 billion investment at $188 billion valuation
Databricks announced a strategic funding round led by Coatue, valuing the data analytics firm at $188 billion, signaling strong investor confidence in AI-driven technologies.
India unveils Index of Services Production with trial numbers
India plans to introduce its first official monthly Index of Services Production within months, covering 19 sub-sectors and tracking 60% of the formal services economy.
China to roll out $1 trillion infrastructure plan this year
China is expediting national infrastructure projects worth $1 trillion in 2026 to counter declining local government investments and tighter fiscal oversight.
SpaceX shares drop to $131.11, value falls to $1.72 trillion
Gina Rinehart’s estimated A$700m profit from SpaceX’s record-breaking IPO has nearly vanished, as the company’s share price fell below its debut value to US$131.11 on Thursday.
Wipro doubles down on AI while EBIT margin hits 16%
Wipro prioritizes AI-led platforms and solutions as enterprises redirect savings towards AI initiatives, while targeting a return to its aspirational EBIT margin of 17-17.5%.
Fed Vice Chair Philip Jefferson warns of possible rate hikes
Federal Reserve Vice Chair Philip Jefferson signaled openness to raising interest rates if inflation remains high, emphasizing inflation risks over labor market concerns.
Bitcoin slips below 50-day moving average to $63,321 amid tensions
Bitcoin fell below $64,000 following U.S. airstrikes on Iran, while President Trump's allegations of Chinese election interference added further uncertainty to global markets.
India smartphone shipments drop 10% as prices climb 15%
India's smartphone shipments fell by 10% YoY in Q2 2026, driven by rising device prices and weakening consumer demand, marking the steepest June quarter drop in six years.
Sensex jumps over 500 points as Nifty rises to 24,207
Sensex surged over 500 points while Nifty crossed 24,200 on Friday, driven by gains in IT stocks and Reliance Industries ahead of its Q1 earnings announcement.
Zepto launches invite only Zepto Club at ₹99 monthly
Zepto has introduced 'Club,' an invite-only paid membership offering cashback, priority delivery, and exclusive discounts, marking its third attempt at a subscription model.
Rupee at ₹96.31 as Coal India, Servotech expand solar projects
The rupee opened at Rs 96.31 against the US dollar. Maruti Suzuki plans to challenge a Raipur order, while Tech Mahindra acquired 20% stake in its Arabia unit.
AI lifts India public cloud spend 28.1% to $17.5B
India's tech sector is set for robust AI-driven growth, with public cloud spending projected to rise 28.1% YoY, reaching USD 17.5 billion by 2026, per Equirus Securities.
Over 100 firms consider GIFT City treasury operations, says JPMorgan
Over 100 multinational companies are exploring treasury operations in India's GIFT City, drawn by its tax incentives, single regulator, and foreign currency capabilities.
Kissht's Invincible Minds gets Amfi approval until July 12 2029
Kissht's subsidiary, Invincible Minds, secured Amfi registration on July 14, enabling it to distribute mutual fund products and expand beyond its core lending business.
India quietly benefits from global AI investments in infrastructure
India's AI boom is driving growth in power, data centres, and capital goods. Hiren Ved highlights these sectors as key beneficiaries of global AI infrastructure investments.
Gold edges higher while silver slips amid inflation, global jitters
Gold and silver prices traded mixed on Friday amid weak global cues, with MCX gold futures rising 0.26% while silver futures dipped 0.23% in morning trade.
Alpine Texworld IPO allotment out, raised 126.25cr and subscribed 1.40x
The Rs 126.25 crore Alpine Texworld IPO allotment is set to be finalised today, with a muted grey market premium of 1% hinting at a flat listing.
India pushes ISM 2.0 with ₹1.27L/cr for chip design R&D
India's revamped semiconductor policy excludes subsidies for technology transfer and land costs, focusing instead on chip design and supply chain development.
SBI Funds Management announces ₹9,813cr IPO allotment after 41.73x subscription
SBI Funds Management's Rs 9,813-crore IPO, which saw a robust 41.73x subscription, will finalize allotments today. Investors can check their status online as GMP rises to 17%.
Oil posts largest weekly increase since April after tanker struck
Oil prices surged this week, driven by escalating US-Iran tensions and disruptions in key Middle Eastern supply routes, with Brent nearing $85 and WTI surpassing $79 per barrel.
Tata Group to produce 1st semiconductor wafers in Dholera, Gujarat
Tata Group plans to launch India's first semiconductor wafers using 90nm technology, delaying its initial ambition of starting with advanced 28nm nodes at the Dholera plant.
Tech Mahindra posts ₹1,465cr profit, ₹15,712cr revenue in June quarter
Tech Mahindra reported a 28.4% year-on-year rise in net profit to Rs 1,465 crore for Q1, driven by lower expenses and strong growth across key business segments.
India announces 9% Semicon 2.0 incentive to cut prototyping costs
India's new semiconductor scheme offers a 9% deployment-linked incentive to startups, aiming to reduce prototype chip costs and accelerate domestic chip design innovation.
More than 4,500 Google employees petition Pichai for layoff protections
Google employees petitioned CEO Sundar Pichai for job security measures as layoffs rise amid the company’s $4tn valuation and increased AI investments.
SpaceX shares slip to $131 while short interest surges
SpaceX shares have dropped below their IPO price, fueling a surge in short selling, with 29% of its publicly tradable shares now sold short, per S3 Partners data.
Citadel Securities invests $400 million in Crypto.com, valuing it $20B
Crypto.com announced a $400 million investment from Citadel Securities, valuing the exchange at $20 billion and marking its first institutional funding round.
Chevron mulls rebuilding Kirkuk-to-Syria pipeline bypassing Strait of Hormuz
Chevron is considering rebuilding a Kirkuk-to-Baniyas pipeline to bypass the Strait of Hormuz, as Middle East conflicts disrupt global oil supply routes and elevate energy prices.
India's Ministry of Power readies grid for 35.7GW data centers
India's power ministry is assessing infrastructure readiness to meet the projected 26 GW power demand from data centres by 2032, amid rapid market expansion and investments.
SBI mobilizes $1.9 billion under RBI hedging scheme in June
State Bank of India (SBI) secured $1.9 billion under the RBI's special incentive scheme, surpassing efforts by other public and private banks to attract overseas currency inflows.
AI startup Refer charges 20% of 1st month's salary post-hire
Refer, a startup, uses an AI agent named Lia to match job seekers with employers, charging 20% of the first month's salary if successful.
Jason Bullock sues Ford over unchanged prices after tariffs canceled
A California man is suing Ford, alleging the automaker retained tariff-related price hikes despite a $1.3 billion refund benefit after tariffs were overturned.
Micron and partners supplying memory and storage for AI cars
Micron Technology has signed long-term agreements with Qualcomm, Harman, and others to supply memory components for AI-powered vehicles amid surging demand for automotive AI tools.
Dallas Fed President Lorie Logan says wages not fueling inflation
Dallas Fed President Lorie Logan stated wages currently pose no inflationary pressure, though some Texas businesses are unexpectedly increasing pay, warranting ongoing evaluation.
Adani Defence Systems to buy 44.6% stake in FSSPL
Adani Defence Systems & Technologies Ltd. (ADSTL) has acquired the remaining 44.6% stake in Flight Simulation Solutions Pvt. Ltd., making it a wholly owned subsidiary.
Netflix reports earnings after 45% stock drop, Reed Hastings leaves
Netflix shares have plunged 45% since June 2025, erasing $259 billion in market value amid concerns over weak engagement, rising competition, and leadership changes.
Buffett says Bill Gates' association with Epstein was 'distasteful'
Billionaire investor Warren Buffett has expressed his disapproval of Microsoft co-founder Bill Gates' association with Jeffery Epstein, a convicted sex offender.
SBI Funds IPO crosses 40x subscription on final day
The initial public offering (IPO) of SBI Funds Management has witnessed a stellar response on its final day of bidding.
China now more favorable than US: Study
A new study by the Pew Research Center has revealed a major shift in global opinion, with China being viewed more favorably than the US in several countries.
Centre tightens exit rules for ISRO scientists amid growing resignations
The Indian government has tightened its resignation policy for scientists at the Indian Space Research Organization (ISRO).
TSMC to invest additional $100B in US chipmaking
Taiwan Semiconductor Manufacturing Company (TSMC), a leading player in the global chip industry, has announced its plan to invest an additional $100 billion in expanding its manufacturing capacity in the United States.
Apple eyes AI chip start-ups to reduce reliance on NVIDIA
Apple is on the lookout for chip start-ups to bolster its artificial intelligence (AI) server capabilities, according to The Information.
Why IT stocks are rallying today
IT stocks have witnessed a strong comeback in today's session, breaking their two-day losing streak.
MSCI India rejig may attract $2.3B foreign inflows
The upcoming rebalancing of the MSCI India Standard Index, due on August 12 after market hours, could see the addition of up to 12 new stocks.
Centre raises diesel, ATF export duties
In response to rising global crude oil prices, India has increased the windfall taxes on diesel and aviation turbine fuel (ATF) exports by ₹7 per liter each.
Ex-RBI Governor Raghuram Rajan gets key US Fed advisory role
Former Reserve Bank of India (RBI) governor Raghuram Rajan has been appointed to a key role in the US Federal Reserve's reform initiative.
SpaceX's stock falls below IPO price for 1st time
SpaceX's shares have fallen below their initial public offering (IPO) price for the first time.
South Korea raises interest rates for first time since 2023
South Korea's central bank, the Bank of Korea (BOK), has raised its key interest rate for the first time in over three years.
Musk just bought a power company for $1B
Elon Musk has acquired APR Energy, a Jacksonville-based company that operates mobile gas and diesel turbines with over 1GW of generation capacity.
Hyundai to take full control of Boston Dynamics
Hyundai Motor Group has announced its plan to acquire the remaining stake in Boston Dynamics from SoftBank Group.
JPMorgan Chase to become 1st $1T bank in the world
JPMorgan Chase is on the verge of becoming the first bank in history to be valued at $1 trillion.
India's unemployment rate in June stands at 5.5%
India's unemployment rate remained unchanged at 5.5% in June, according to the latest data from the Periodic Labour Force Survey (PLFS).
Fintech founder's home loan rejected. Reason? Bank calls him 'high-risk'
Pravin Jadhav, the founder and CEO of Raise Financial Services valued at around $1.2 billion, has claimed that a leading private bank denied his home loan application.
Modi government to issue ₹28,000cr nuclear power tender soon
India is gearing up to issue its largest-ever Nuclear Island Engineering, Procurement and Construction (EPC) tender.
Incentive scheme for mobile phone manufacturing, worth ₹62,500cr, approved
The Union Cabinet has approved a whopping ₹62,500 crore for the second phase of the mobile phone production-linked incentives scheme.
India-UK trade deal kicks in: Here's what gets cheaper
The India-UK Comprehensive Economic and Trade Agreement (CETA) has come into effect today.
Centre approves ₹1.27 lakh crore India Semiconductor Mission 2.0
The Indian government has approved the second phase of the India Semiconductor Mission (ISM 2.0), with a budget allocation of ₹1.275 lakh crore. This is significantly higher than the first phase's allocation of ₹76,000 crore.
ITC's answer to Pepsi and Coca-Cola is here
ITC has made its foray into India's highly competitive carbonated beverage market with the launch of B Natural Coconut Cola.
Patanjali Foods shares down 20% today: What should investors do?
Stock price of Patanjali Foods has plunged nearly 20%, hitting a new 52-week low of ₹330.95 on the Bombay Stock Exchange (BSE).
MakeMyTrip wants to raise $1B+ via IPO in India
Online travel services platform MakeMyTrip is planning to file draft papers for an initial public offering (IPO) of over $1 billion, as per Moneycontrol.
Groww's Q1 net profit up 94% YoY to ₹735cr
Billionbrains Garage Ventures, the parent company of Groww, has announced its financial results for the first quarter of FY27.
You can now order LPG cylinders on Instamart in Bengaluru
Swiggy's Instamart has partnered with Hindustan Petroleum Corporation Limited (HPCL) to launch India's first on-demand Liquefied Petroleum Gas (LPG) cylinder delivery service.
SBI Funds IPO fully booked, GMP surges to over 16%
SBI Funds Management's ₹11,693 crore initial public offering (IPO) has been fully subscribed on the second day of bidding.
China's AI star DeepSeek plans IPO
Chinese artificial intelligence (AI) start-up DeepSeek has begun preparations for a landmark initial public offering that could see the company file as early as this year.
China GDP growth slows to weakest pace since 2022
China's economy grew by 4.3% in Q2 2026, the slowest pace since late 2022. The slowdown is attributed to weak domestic demand, a prolonged property slump, and the global oil shock.
Tata to invest $1B in shipbuilding in Kerala
The Tata Group has sought approval to invest $1 billion in shipbuilding in Kerala.
Apple just got a $32.8B lawsuit dismissed in US
A US judge has dismissed a class action lawsuit against Apple, alleging its failure to prevent the distribution of child sexual abuse material on its iCloud data storage service.
Why Google has been sued by publishers in the US
A consortium of leading publishers, including Hachette, Cengage, and Elsevier, has sued tech giant Google.
Sensex gains nearly 600 points
The Indian stock market has witnessed a strong rally today, with the benchmark indices Sensex and Nifty 50 rising over 0.5%.
Meta faces lawsuit for using biased AI in layoffs
A group of 26 former Meta employees has filed a lawsuit against the tech giant, accusing it of using artificial intelligence (AI) tools to unfairly target workers on leave for layoffs.
Kusumgar lists at 37% premium over IPO price
Kusumgar, a manufacturer of engineered fabrics, has made a strong debut on the Indian stock market.
IBM loses $70B after CEO says firm 'faltered' on AI
IBM saw its shares plummet by a staggering 25% on Tuesday, following the release of disappointing preliminary second-quarter results.
Oil prices surge past $85/barrel as US-Iran tensions escalate
Oil prices have surged past the $85-a-barrel mark, amid fears of supply disruptions in the Middle East.
Stripe, Advent make $53B bid for PayPal
Payment processing company Stripe and private equity firm Advent International have made a joint proposal to acquire PayPal Holdings Inc.
JPMorgan Chase posts record Q2 profit of $21.2B
JPMorgan Chase has reported a record profit for the second quarter of 2026, driven by strong growth in investment banking and trading revenues.
Warren Buffett has stopped donating shares to Gates Foundation
Warren Buffett, the Chairman of Berkshire Hathaway, has excluded the Bill and Melinda Gates Foundation from his annual charitable stock donations.
Why Modi government's ₹10,000cr ATF fund found no takers
In April 2026, a spike in jet fuel prices due to West Asia unrest nearly doubled the single-largest cost component for Indian airlines.
India to track services sector monthly with new index
In a major development, the Ministry of Statistics and Programme Implementation (MoSPI) has launched the Index of Services Production (ISP), India's first-ever monthly tracker for the formal services sector.
China's monthly car exports top 1M for first time
China's monthly car exports have surpassed the one million mark for the first time in June.
Volkswagen may cut 100,000 jobs
Volkswagen is planning to double its workforce reductions to 100,000 jobs, according to an internal message from CEO Oliver Blume.
Online gaming firms move SC to review 28% GST ruling
A group of online gaming companies has petitioned the Supreme Court, seeking a review of its May 27 judgment.
After SK Hynix, Samsung Electronics may get listed in US
Samsung Electronics is reportedly in the early stages of considering a possible sale of American depositary receipts (ADRs).
Will SpiceJet lose 4 Boeing 737 MAX aircraft?
China's Industrial and Commercial Bank of China (ICBC) has moved India's Directorate General of Civil Aviation (DGCA) for the deregistration and repossession of four Boeing 737 MAX aircraft leased to SpiceJet.
SBI has raised $200M via selling bonds
State Bank of India (SBI) has successfully raised another $200 million by tapping an existing bond issue due in July 2029.
Why Google is facing a competition probe in Switzerland
Switzerland's Competition Commission (COMCO) has launched a preliminary investigation into Google.
Tata holds India's top brand spot for 18th consecutive year
Tata Group has retained its position as India's most valuable brand for the 18th consecutive year.
Sensex falls over 600 points: Key factors behind today's decline
The Indian stock market witnessed a downturn today, with the benchmark Sensex falling over 600 points to an intraday low of 77,001.
Byju Raveendran's Singapore jail sentence upheld
The High Court of Singapore has rejected an appeal by Byju Raveendran, the founder of failed education start-up BYJU'S.
India's imports from China hit record high in H1 2026
India's imports from China surged by 21.8% in the first half of 2026, touching an all-time high of $79.41 billion, data from China's General Administration of Customs showed.
Not ₹1,160cr but ₹5.6L: Government body disputes rice-ethanol 'scam' scale
The Food Corporation of India (FCI) has dismissed allegations of a massive diversion of subsidized rice for ethanol production in Madhya Pradesh.
DeepSeek's Liang Wenfeng is now world's richest AI business founder
DeepSeek founder Liang Wenfeng has emerged as the world's richest artificial intelligence (AI) founder, according to the Bloomberg Billionaires Index.