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Business News

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16 Jul 2025
China

Labubu doll maker sees 350% profit jump in H1 2025

Pop Mart, the Chinese toy company behind the popular Labubu dolls, has predicted an impressive financial performance for the first half of this year.

16 Jul 2025
Mark Zuckerberg

Two more OpenAI researchers jump ship to Meta's AI lab

Jason Wei, a prominent researcher at OpenAI, is set to join Meta's new superintelligence lab.

16 Jul 2025
Amazon

Trump announces $90B investment to make Pennsylvania global AI capital

US President Donald Trump has announced over $90 billion in investments from private companies, aimed at establishing Pennsylvania as a leading hub for artificial intelligence (AI), technology, and energy.

16 Jul 2025
Google

Speed, safety, and secrecy: Ex-OpenAI engineer reveals company's work culture

Calvin French-Owen, a former engineer who worked on OpenAI's innovative coding agent Codex, has shared his experiences of working at the company for a year.

16 Jul 2025
NVIDIA

She helped build ChatGPT—Now she's raised $2B to rival it

Former OpenAI CTO Mira Murati's new venture, called Thinking Machines Lab, has raised a record-breaking $2 billion in seed funding at a $12 billion valuation.

15 Jul 2025
United States of America

US inflation surges to 2.7% in June: What's the reason?

US inflation surged in June, with the effects of President Donald Trump's tariffs becoming apparent in consumer prices.

15 Jul 2025
India

India's trade deficit shrinks to $3.51B in June

India's trade deficit (merchandise and services) has shrunk significantly to $3.51 billion in June, government data released today has showed.

This WeWork India rival wants to raise ₹2,600cr via IPO

The Executive Centre, a leading flexible workspace provider, is gearing up for an initial public offering (IPO) in India.

15 Jul 2025
India

India's unemployment rate unchanged at 5.6% in June

The unemployment rate in India remained unchanged at 5.6% in June, Indian government data has revealed.

15 Jul 2025
China

China's economy fared better than expected in Q2: Here's why

China's economy has shown resilience against US tariffs, with a 5.2% growth in the second quarter of this year.

Indira IVF wants to raise ₹3,500cr via IPO

Indira IVF is gearing up to launch its initial public offering (IPO) in India.

15 Jul 2025
China

China's rival to Ozempic will now be sold online

Innovent Biologics, the first Chinese firm to get regulatory approval for a GLP-1 drug targeting weight loss and diabetes, has partnered with JD Health for online distribution.

15 Jul 2025
State Bank of India (SBI)

SBI Card updates credit card rules: What changes from today

Starting today, SBI Card has introduced new terms for its credit card customers. The changes will affect bill calculations and remove some complimentary insurance covers.

15 Jul 2025
Dubai

Singapore ranked most expensive city for luxury spending

Singapore has topped the list of world's most expensive cities for luxury spending for the third consecutive year. This is as per financial services firm Julius Baer's latest annual report.

15 Jul 2025
Hero MotoCorp

Hero MotoCorp stocks up 4% today: Here we decode why

Hero MotoCorp's shares have surged by 4% to ₹4,414 today.

15 Jul 2025
NVIDIA

NVIDIA can now sell its AI chips to China again

NVIDIA has received approval from the Donald Trump administration to again sell its H20 computer chips, used for artificial intelligence (AI) development, in China.

15 Jul 2025
PhonePe

PhonePe ropes in ex-Meta India policy chief Shivnath Thukral

Walmart-owned digital payments platform PhonePe has appointed Shivnath Thukral as its new Vice President for Public Policy and Government Affairs.

WeWork India gets SEBI nod for ₹4,000cr IPO

WeWork India, the country's largest premium flexible workspace operator by revenue, has received the green light from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).

15 Jul 2025
Apple

iPhone 17 enters trial production in India ahead of September launch 

Foxconn, Apple's major supplier, has started early-stage manufacturing tests for the upcoming iPhone 17 in India.

After Google poaches leadership, Cognition buys what's left of Windsurf

Cognition, the company behind the popular AI coding agent Devin, has announced its acquisition of Windsurf.

15 Jul 2025
Mexico

Trump imposes 17% tariff on Mexican tomatoes amid failed negotiations

US President Donald Trump has imposed a 17% tariff on fresh tomatoes imported from Mexico.

15 Jul 2025
China

China's Q2 GDP grows 5.2%, beats expectations amid trade tensions 

China's economy grew by 5.2% in the second quarter of this year, official data released today showed.

14 Jul 2025
Indian Government

Why sharing wind-farm data with other countries will be banned

The Indian government is set to tighten its cybersecurity protocols for the wind energy sector.

14 Jul 2025
HCL

HCL Tech's Q1 results: Net profit falls 10% to ₹3,843cr

HCL Technologies has announced a 10% drop in its consolidated net profit for the first quarter of FY26.

14 Jul 2025
India

Why India's exports to US may surge by $7B

India could see a massive boost in its exports to the United States, potentially by as much as $7 billion.

14 Jul 2025
Indian Rupee (INR)

Indian rupee hits 2-week low against US dollar

The Indian rupee has hit a two-week low against the US dollar, closing at 86.9850 today.

14 Jul 2025
Russia

Russia plans to import 1M Indian workers this year

Russia is planning to import up to one million workers from India by the end of this year.

14 Jul 2025
Mutual Funds

Groww Mutual Fund announces power sector-focused ETFs: Should you invest?

Groww Mutual Fund has announced two new passive investment schemes, the BSE Power ETF and the BSE Power ETF Fund of Fund (FoF).

14 Jul 2025
Goldman Sachs

This Goldman Sachs coder does not sleep or get paid

Goldman Sachs is integrating an artificial intelligence (AI) coder, Devin, developed by London-based start-up Cognition.

14 Jul 2025
Elon Musk

Musk asks xAI staff to install software for activity tracking

Elon Musk has sparked controversy by asking employees at his artificial intelligence (AI) startup, xAI, to install productivity-tracking software on their personal computers.

14 Jul 2025
Donald Trump

Trump's tariff threat sinks European stocks, auto sector hit hardest

European shares fell sharply on Monday, with the automobile sector taking a major hit.

14 Jul 2025
Uttar Pradesh

SAEL, leading renewable energy firm, to invest ₹8,200cr in UP

SAEL Industries, a leading Indian renewable energy firm, has announced an investment of ₹8,200 crore to set up a state-of-the-art solar cell and module manufacturing plant in Uttar Pradesh.

14 Jul 2025
Inflation

India's retail inflation falls to 6-year-low of 2.1% in June

India's retail inflation, as measured by Consumer Price Index (CPI), has hit a six-year-low of 2.1% in June, a sharp decline from May's rate of 2.82%.

14 Jul 2025
Donald Trump

Singapore avoids recession as economy grows 4.3% in Q2

Singapore's economy has shown stronger-than-expected growth in the second quarter of this year, expanding by 4.3% year-on-year.

14 Jul 2025
Ashwini Vaishnaw

8th Pay Commission: How will it impact your salary?

The Indian government is expected to form the 8th Pay Commission by January 2026, which aims to revise allowances, pensions, and salaries for current and retired central government employees.

14 Jul 2025
Elon Musk

Elon Musk rules out merger between Tesla and xAI

Elon Musk has denied the possibility of a merger between his electric vehicle company, Tesla, and his artificial intelligence start-up, xAI.

14 Jul 2025
China

China's rare‑earth exports hit 16‑year high in June

China's exports of rare-earth metals in June reached their highest level since 2009, official data shows.

Why some shops are refusing UPI payments in Karnataka

The Karnataka Commercial Tax Department's recent move to issue demand notices to traders over Goods and Services Tax (GST) evasion has created a stir.

14 Jul 2025
Income Tax Return

These deductions can help lower your taxable income: Check list

The Indian Income Tax Act, 1961, offers a variety of deductions to help taxpayers reduce their taxable income.

14 Jul 2025
Mutual Funds

This mutual fund has tripled investors' wealth in 2 decades

The Baroda BNP Paribas Liquid Fund, which is managed by Vikram Pamnani and Gurvinder Singh Wasan, has almost tripled investor wealth since its launch.