Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
FPIs invest ₹14,200cr in Indian markets during past week
Foreign portfolio investors (FPIs) have pumped a whopping ₹14,159.82 crore into the Indian markets during the week ending February 13.
Interim trade deal with US to address India's energy needs
Union Minister Piyush Goyal has announced that the interim trade agreement between India and the US will address India's energy needs.
US defense start-up Anduril in talks to raise $8B
US-based defense technology start-up Anduril Industries is in talks to raise up to $8 billion in a new funding round, according to Bloomberg.
Gold prices surge on US inflation data, hitting $5,000
Gold prices have witnessed a significant surge, rising by 2.2% after the release of US inflation data.
SEBI gives nod to IPOs of 5 firms
The Securities and Exchange Board of India (SEBI) has approved the initial public offerings (IPOs) of five companies.
US inflation cools to 2.4% in January, lowest since May
The US consumer price index (CPI) rose by 2.4% year-on-year (YoY) in January, according to data released by the Department of Labor on Friday.
SEC investigation into bankrupt EV maker Fisker has ended
The US Securities and Exchange Commission (SEC) has closed its investigation into bankrupt electric vehicle (EV) start-up Fisker.
India partners with Alibaba to boost exports, support small businesses
The Indian government has partnered with Alibaba.com, a leading Chinese e-commerce platform, to promote exports.
SpaceX mulls dual-class share structure for IPO
SpaceX, the US-based rocket and satellite manufacturer founded by Elon Musk, is considering a dual-class share structure for its upcoming initial public offering (IPO), according to Bloomberg.
Recent departures at xAI were not voluntary, says Elon Musk
Elon Musk has responded to the recent wave of departures from his artificial intelligence company, xAI.
PF via UPI? EPFO developing app for instant bank transfers
The Employees' Provident Fund Organization (EPFO) is working on a new facility to allow its subscribers to withdraw their provident fund (PF) money in real time through the Unified Payments Interface (UPI).
Telecom spectrum cannot be sold to repay lenders: SC
The Supreme Court has ruled that telecom spectrum, a vital public resource, cannot be transferred or sold under the Insolvency and Bankruptcy Code (IBC).
India to build 50 new airports in next 5 years
India is gearing up to build 50 new airports over the next five years, Civil Aviation Minister K Rammohan Naidu announced on Friday.
Weak demand hits Ola Electric as revenue falls 55%
Ola Electric has reported a consolidated loss of ₹487 crore for the December quarter of FY26, a reduction from the ₹564 crore loss in the same period last year.
CBS News to lay off 15% staff amid industry cuts
CBS News is planning a major round of layoffs, affecting nearly 15% of its workforce, according to Variety.
InsuranceDekho plans $250M IPO in India
InsuranceDekho, a Gurugram-based insurtech start-up, is reportedly planning an initial public offering (IPO) in India.
How to increase your UPI transaction limit
Unified Payments Interface (UPI) has revolutionized digital transactions in India, but the daily transaction limit can sometimes be a hurdle.
RBI's new rules for agents: No recovery calls after 7:00pm
In a major move, the Reserve Bank of India (RBI) has proposed changes to the guidelines for debt recovery and appointment of recovery agents.
TCS stock hits lowest level since 2020: What's causing decline?
Tata Consultancy Services (TCS) shares have hit a five-and-a-half-year low, closing at ₹2,585 on Friday. The fall comes amid fears of artificial intelligence (AI)-led disruption in the IT sector.
Gen Z drives India's zero-sugar drink boom to record high
The popularity of zero and low-sugar drinks in India has surged to a five-year high in 2025. The trend marks the emergence of a major market segment from what was once considered an urban fad.
IBM to triple entry-level hiring, pushing back against AI concerns
IBM, the global tech giant, has announced its plan to triple entry-level hiring in the US in 2026.
Indian gold dealers offer rare discount as demand weakens
For the first time in nearly a month, gold has started trading at discounts in India. This comes as volatile prices have discouraged buying.
Apple secures victory in long-running 4G patent dispute
Apple has won a major legal battle in the US, defeating Texas-based Optis Wireless in a long-running patent infringement dispute.
Uber India's losses surge to ₹1,512cr in FY25
Uber India Systems Pvt Ltd, the Indian subsidiary of global ride-hailing giant Uber, has reported a massive jump in its losses for the fiscal year ending March 31, 2025.
Gold, silver ETFs crash up to 10%: Should you invest?
Gold and silver exchange-traded funds (ETFs) witnessed a massive crash of up to 10% on Friday.
India set to be Asia's fastest-growing major economy in 2026
India is projected to be Asia's fastest-growing major economy in 2026, according to a recent report by Fitch Ratings.
Apple's sixth India store opens in Borivali, Mumbai this month
Apple has announced its plan to open a new store in Borivali, Mumbai.
EU probes Google over ad practices, may slap multibillion-dollar fine
The European Commission is conducting a probe into Google's advertising practices on its search engine.
Sensex crashes nearly 900 points: What's behind today's decline?
The Indian stock market witnessed a major decline on Friday. At the time of writing, the Sensex was trading at 870 points lower at 82,883, while the Nifty was down 269 points at 25,538.05.
NSE's unique trading accounts cross 25 crore mark
The National Stock Exchange (NSE) has achieved a major milestone, with the number of unique trading accounts or client codes (UCCs) crossing 25 crore in February 2026.
Intel fined ₹27cr for discriminatory warranty policy in India
The Competition Commission of India (CCI) has slapped a fine of ₹27.38 crore on Intel Corporation for its "discriminatory" warranty policy in India.
India has over 25,000 active pilots: Government
The Indian government has revealed that the country has a total of 25,001 active pilots. This includes 10,261 ATPL (Airlines Transport License) holders.
Anthropic hits $380B valuation after massive $30B funding round
Anthropic has raised a whopping $30 billion in its latest funding round, bringing the company's valuation to $380 billion.
SoftBank gains $7.4B from India investments, retains $13.7B portfolio
Japanese investment giant, SoftBank, has realized around $7.4 billion from its investments in India so far.
Come back or no hearing, Bombay HC tells Mallya
The Bombay High Court has ruled that fugitive businessman Vijay Mallya cannot challenge his "fugitive economic offender" status from outside India.
India's inflation cools to 2.75% under new CPI base
India's retail inflation for January 2026 has been pegged at a provisional rate of 2.75%, according to the new Consumer Price Index (CPI) series with a base year of 2024.
Centre approves deal to buy 114 Rafale jets for IAF
The Defence Acquisition Council (DAC) has approved a major deal for the Indian Air Force (IAF) to acquire 114 Rafale fighter jets.
Indian GCCs cut 6,000 jobs in 2025 amid global slowdown
Global Capability Centers (GCCs) in India have laid off thousands of employees in 2025.
Why airlines are opposing DGCA's cabin crew fatigue rules
India's leading airlines, IndiGo and Air India, have requested the government to reconsider its proposed fatigue management norms for cabin crew.
IndiGo, Air India urge government to relax crew fatigue rules
India's leading airlines, IndiGo and Air India, have urged the government to reconsider proposed fatigue management rules for cabin crew.