Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
Apple bucks China smartphone market slump: iPhone sales jump 23%
Apple has posted a massive 23% year-on-year (YoY) growth in iPhone sales in China during the first nine weeks of 2026.
Indian companies lead global peers in AI adoption, says Deloitte
A recent report by Deloitte has revealed that Indian enterprises are leading the world in large-scale adoption of artificial intelligence (AI).
Vedanta challenges Adani's ₹14,500cr Jaiprakash Associates takeover in NCLAT
Vedanta has challenged the approval of Adani Enterprises's ₹14,543 crore bid for bankrupt Jaiprakash Associates Limited (JAL).
Gold eyeing highest weekly loss since 1983: What's the reason?
Gold is headed for its biggest weekly loss since 1983, as the Middle East conflict has increased energy prices and lowered expectations for interest rate cuts.
Why urea production in India is under threat
India's urea production has been severely affected by disruptions in liquefied natural gas (LNG) supplies.
IndiGo operating these select Gulf flights today: Check list
IndiGo has announced plans to operate select Gulf flights today. The decision comes in light of the ongoing situation in the Middle East.
This is the world's best airline for 2026
Qatar Airways has been named the world's best full-service airline for 2026, according to global rankings released by AirlineRatings.com.
Airline industry faces $50B crisis due to Israel-Iran war
The global aviation sector is facing its worst crisis since the COVID-19 pandemic, thanks to the ongoing US-Israel-Iran conflict.
Market cap of India's top 5 firms down ₹1L crore
The combined market capitalization of five out of the top 10 most-valued companies in India, including HDFC Bank, ICICI Bank,Tata Consultancy Services (TCS), Bajaj Finance, and Hindustan Unilever, fell by over ₹1 lakh crore last week.
These 7 IPOs will hit the market this week
The Indian primary market is gearing up for a busy week as seven companies plan to launch their initial public offerings (IPOs).
Air India, Express operating 50 flights to West Asia today
Air India and Air India Express will operate a total of 50 scheduled and non-scheduled flights to and from West Asia today.
PAN application rules changing from April 1: What to know
Permanent Account Number (PAN) card application rules are set to change from April 1, 2026.
Air India's new fitness rules may ground staff, cut pay
Air India is set to introduce a new health and fitness compliance policy for its cabin crew. The move comes as part of the airline's effort to ensure that its cabin crew members meet certain health standards.
LPG price spike burns gig economy, delivery riders hit hardest
The recent surge in commercial liquefied petroleum gas (LPG) prices is taking a toll on delivery riders across major cities in India.
Modi government announces new incentives for MSMEs: What has changed?
The Indian government has announced major changes to the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME).
India to start trading in carbon market by July
India will start formal trading in its domestic carbon market within the next four months, Union Power Minister Manohar Lal Khattar has announced.
Why NVIDIA's GTC keynote failed to impress Wall Street
NVIDIA CEO Jensen Huang's recent keynote at the annual GTC conference failed to impress Wall Street investors.
OpenAI to double workforce to 8,000 as AI war intensifies
OpenAI, the artificial intelligence (AI) start-up behind ChatGPT, is planning to nearly double its workforce from 4,500 to around 8,000 by the end of 2026, according to a report by Financial Times.
Torrent Pharma launches India's 1st generic oral substitute to Ozempic
Torrent Pharmaceuticals has launched India's first generic oral version of semaglutide, a drug used to treat diabetes and obesity.
Union Bank of India has raised ₹3,000cr via bonds
Union Bank of India has raised ₹3,000 crore through the issue of senior, rated, listed, unsecured, redeemable, taxable, transferable long-term bonds on a private placement basis.
S&P 500 loses over $1T market cap: What's the reason?
The US stock market has witnessed a major downturn for the fourth consecutive week.
Judge blocks Trump-era Pentagon press policy over free speech concerns
A federal judge has blocked a controversial Pentagon press access policy implemented by the Trump administration.
Sun, Dr Reddy's, Glenmark launch their generic Ozempic-rivals in India
Leading Indian pharmaceutical companies, Sun Pharma, Dr Reddy's Laboratories, Glenmark, and Zydus Lifesciences have launched their generic versions of semaglutide injections.
Why HDFC Bank has fired 3 employees in Dubai
HDFC Bank has terminated the services of three employees over lapses in client onboarding at its Dubai International Financial Centre (DIFC) branch.
FPIs pull out ₹52,703cr from Indian equities in March
Foreign portfolio investors (FPIs) have pulled out a whopping ₹52,703 crore from Indian equities in the first half of March.
Global equity funds have lost $20.3B: What's the reason?
Global equity funds have witnessed a staggering exit of $20.3 billion as investors react to rising inflation concerns and escalating tensions in the Middle East.
Panama Canal hits peak operations amid US-Iran war
The Panama Canal, the world's second-busiest waterway, is now operating at full capacity.
Government launches ₹20,000cr guarantee scheme to revive microfinance sector
The Indian government has launched a ₹20,000 crore Credit Guarantee Scheme for Microfinance Institutions (MFI) 2.0.
India seeks Russian, Japanese LPG cargoes amid US-Iran war
As the conflict in West Asia escalates, impacting 60% of India's consumption, the Indian government is actively seeking liquefied petroleum gas (LPG) cargoes from Russia and Japan.
Musk found liable for misleading investors in Twitter deal
A San Francisco jury has found Elon Musk liable for misleading investors while intentionally lowering Twitter's stock price before his $44 billion acquisition in 2022.
Judge dismisses lawsuit against Sam Altman by his sister
A federal judge has dismissed a lawsuit filed by Annie Altman, the sister of OpenAI CEO Sam Altman. She had accused her brother of sexually abusing her over 20 years ago.
Anthropic challenges Pentagon's 'national security risk' claim in court filings
AI company Anthropic has filed two sworn declarations in a California federal court, pushing back against the Pentagon's claim that it poses an "unacceptable risk to national security."
US to release oil from its emergency reserves soon
The first batch of oil from US President Donald Trump's planned emergency release is set to hit the market soon.
SoftBank plans massive gas-powered AI data center in Ohio
Japan's SoftBank Group and electric utility AEP will build a massive gas-fired power plant and data center in Ohio.
xAI sends engineers to lure corporate clients from rivals
Elon Musk's artificial intelligence (AI) company, xAI, is adopting a new strategy to win over corporate clients.
CBS News to cut 6% of workforce in restructuring push
CBS News, the American media giant, has announced plans to lay off about 6% of its workforce.
India's core sector growth slows to 2.3% in February
India's core sector growth has slowed down to 2.3% in February, from a revised 4.7% in January, government data released on Friday showed.
Novartis bets $3 billion on experimental breast cancer drug
Swiss pharmaceutical giant Novartis has announced its intention to acquire an experimental breast cancer drug candidate, SNV4818, from US-based biotech firm Synnovation Therapeutics.
SBI Funds, Manipal Hospitals ready draft papers for $1B IPO
SBI Funds Management and Manipal Hospitals are gearing up to file their draft red herring prospectuses (DRHPs) for initial public offerings (IPOs) worth over $1 billion by the end of March.
Income Tax Rules 2026 notified: What changes for you?
The Indian government has notified the Income Tax Rules, 2026, to implement the new Income Tax Act, 2025.