Business News
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Why Australia's 1st Trump Tower project has been canceled
Plans for Australia's first-ever Trump Tower in Queensland have been scrapped.
Vodafone Idea all set for capital infusion soon
Vodafone Idea is set to get a fresh round of funding, led by its non-executive chairman Kumar Mangalam Birla, as per Moneycontrol.
Air India cuts international flights amid skyrocketing jet fuel prices
Air India, the Tata-owned airline, has announced major cuts in its international network for three months starting June.
Robert Kiyosaki wants you to invest in silver this year
Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, has once again endorsed silver as a top investment choice.
US inflation jumps to highest level in 3 years
Consumer prices in the United States surged by 3.8% year-on-year in April, the fastest increase since May 2023.
Musk's behavior caused 'huge damage' to OpenAI: Sam Altman
OpenAI CEO Sam Altman has claimed that Elon Musk's behavior caused "huge damage" to the culture of his artificial intelligence start-up.
Gold, silver prices surge 6% as India hikes import duty
Gold and silver prices in India surged by over 6% on Wednesday, following the government's decision to raise import duties on the precious metals.
India raises gold, silver import duty to 15% from 6%
The Indian government has raised the import duty on gold and silver from 6% to 15%.
India might soon ink critical minerals pact with Russia
India and Russia are in advanced talks to sign a preliminary agreement on critical minerals, as per Reuters.
India has enough forex for over 8 months of imports
India's foreign exchange reserves are in a strong position, according to a Moneycontrol analysis.
EPFO to pay ₹50,000 compensation for 10-year-delay in PF transfer
The Chandigarh District Consumer Disputes Redressal Commission has directed the Employees' Provident Fund Organisation (EPFO) to pay ₹50,000 as compensation.
Microsoft, OpenAI agree to limit revenue-sharing payments to $38B
OpenAI and Microsoft have agreed to cap revenue-sharing payments at $38 billion, as per The Information.
Groww block deal jumps to $600M as demand surges
A block deal in Billionbrains Garage Ventures Ltd., the parent company of leading wealth-tech firm Groww, has been upsized from its initial base size of some $500 million to about $600 million. The increase comes on the back of high demand for shares.
India's retail inflation rises to 4-month high of 3.48%
India's retail inflation hit a four-month high of 3.48% in April, up from 3.4% in March, official data showed today.
eBay rejects GameStop's $56B takeover bid
eBay has turned down a massive $56 billion takeover offer from GameStop. The rejection comes amid concerns over the financing of the deal.
Real estate, jewelry shares fall again on Modi's austerity call
Real estate and jewelry stocks have been hit by a wave of selling pressure for the second consecutive day.
Why Altman is being probed by Republican lawmakers in US
Sam Altman, the CEO of OpenAI, is facing scrutiny from US Republican lawmakers over his business dealings.
This Skechers, Bugatti retailer has filed for IPO in India
Gaurik Fashions, which operates stores for Skechers, Guess and Bugatti in India, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).
Musk never raised concerns over Microsoft's OpenAI investments: Nadella
In the ongoing Musk v/s Altman trial, Microsoft CEO Satya Nadella has testified that Elon Musk never expressed any concerns about Microsoft's investments in OpenAI.
Indian IT stocks tumble as global economic concerns rattle investors
Major Indian IT stocks witnessed a sharp decline on Tuesday, with leading companies like Infosys and Tata Consultancy Services (TCS) witnessing losses of up to 4%.
India's GDP to grow at 6% in 2026, says Moody's
Moody's Ratings has revised India's GDP growth forecast for 2026 downward by 0.8% to 6%.
Japanese snack giant switches to black-and-white packaging: What's the reason?
Calbee, Japan's largest snack manufacturer, will soon switch 14 of its products to black-and-white packaging.
Lawsuit as an asset class? Indian investors now think so
In a first for India, investors are now funding commercial lawsuits in exchange for a share of future settlements or court awards.
Why NSE may prepone its IPO filing in India
The National Stock Exchange (NSE) is likely to speed up the filing of its draft red herring prospectus (DRHP).
Texas sues Netflix over how it tracks viewers
The state of Texas has filed a lawsuit against Netflix, accusing the streaming giant of illegally collecting and sharing user data.
Anant Ambani's Vantara is now selling ice cream in Mumbai
Anant Ambani's wildlife rescue project, Vantara, has launched a new premium ice cream brand in Mumbai.
Why Meta has been sued by a California county
California's Santa Clara County has filed a lawsuit against Meta Platforms, the parent company of Facebook and Instagram.
Gold, silver climb ahead of US inflation data, Trump-Xi talks
Gold and silver prices rose on Tuesday as investors kept a close eye on West Asia developments, key US inflation data, and the upcoming meeting between US President Donald Trump and Chinese President Xi Jinping.
GitLab announces layoffs to go all-in on AI agents
GitLab, a leading software development platform, has announced plans to lay off employees as part of a major restructuring effort.
Oil prices rise to $105 amid US-Iran ceasefire concerns
Global oil prices have witnessed a spike on Tuesday morning, owing to supply concerns stemming from a fragile US-Iran ceasefire.
Sensex tanks over 700 points: What's behind today's decline?
The Indian stock market opened on a bearish note today, with the Sensex and Nifty extending their losses.
OpenAI launches $4B company to accelerate enterprise AI adoption
OpenAI has announced the launch of a new venture, the OpenAI Deployment Company, with an initial investment of over $4 billion. The firm will be majority-owned and controlled by OpenAI.
Indian rupee hits all-time low of 95.58 against US dollar
The Indian rupee has hit a new all-time low, falling to 95.58 against the US dollar on Tuesday.
Modi government urged to implement mandatory WFH for IT employees
The Nascent Information Technology Employees Senate (NITES) has requested the Union Ministry of Labour and Employment to issue an advisory for mandatory work from home (WFH) in the IT sector.
Diet Coke is back in India but costlier
Diet Coke has made a comeback in India, but this time in costlier glass bottles.
India, Peru might restart free trade agreement talks in June
India and Peru are likely to resume negotiations for a proposed free trade agreement next month.
Adani Power becomes India's most valuable power company
Adani Power has become India's most valuable listed power company, thanks to a nearly 50% surge in its stock price this year.
Space tech start-up Agnikul in talks to raise $50-75M
Space technology start-up Agnikul Cosmos is in talks to raise between $50 million and $75 million, as per Economic Times.
'No petrol, diesel shortage': Government after PM's 'save fuel' appeal
The Indian government has assured that there is no shortage of petrol, diesel, liquefied petroleum gas (LPG), or crude oil in the country.
Jio's ₹749 postpaid plan offers Netflix, Amazon Prime, and JioHotstar
Reliance Jio has a postpaid recharge plan priced at ₹749.