Business News
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European stocks fall steepest since March as oil prices spike
European stocks witnessed their steepest decline since March, with the Stoxx 600 index falling by 1.5% on Friday.
Walmart, Amazon race to dominate rural America's online delivery market
Walmart and Amazon are racing to improve online order deliveries in rural America.
YouTube, TikTok, Snap settle social media addiction case
YouTube, TikTok, and Snap have settled a case related to social media addiction.
Coal India subsidiary gets permission for an IPO
Coal India Limited, the largest coal producer in the country, has received approval from the Department of Investment and Public Asset Management (DIPAM) for listing its subsidiary Mahanadi Coalfields Limited (MCL).
Why board meeting of Tata Trusts has been postponed again
The Tata Trusts has indefinitely postponed its board meeting, originally scheduled for May 8 and postponed to today, following an order from the Maharashtra Charity Commissioner.
SpaceX shares might get listed on NASDAQ on June 12
Elon Musk's aerospace company, SpaceX, is gearing up for a major stock market debut.
OpenAI's Greg Brockman takes on new role amid executive reshuffle
OpenAI has announced a major executive reshuffle, appointing its co-founder and president, Greg Brockman, as the head of product strategy.
Why chip designer Arm is facing antitrust probe in US
The US Federal Trade Commission (FTC) has launched an antitrust investigation into Arm Holdings, a British chip designer.
Starbucks opening 1st corporate office for tech jobs in India
Starbucks is setting up its first corporate technology office in India.
AI-induced layoffs cross 1.3L mark! These jobs are still safe
The year 2026 has witnessed a staggering number of layoffs in the tech industry, with over 1.28 lakh workers losing their jobs across 286 separate events.
Mumbai Police registers FIR against former Yes Bank CEO
Mumbai Police have registered a fresh FIR against Yes Bank co-founder Rana Kapoor and investor Sudhir Valia.
Rising wholesale inflation may soon hit household expenses: Report
Global analytics firm CRISIL has warned that a sharp rise in wholesale inflation could soon impact everyday household expenses.
AI is becoming operating foundation, infrastructure of intelligence: TCS chairman
Tata Consultancy Services (TCS) chairman N Chandrasekaran has said that generative and agentic artificial intelligence (AI) are entering a new phase of growth.
No Swiggy, Zomato today? App-based gig workers call for strike
App-based gig workers have called for a temporary strike in India today.
'Totally false': Modi denies potential tax on foreign travel
Prime Minister Narendra Modi has dismissed a report that claimed the government was considering a tax or cess on foreign travel.
Modi government plans new tax on foreign travel: Report
The Indian government is considering a new tax on foreign travel, according to CNBC-TV18.
Oracle withdraws job offers from IITs, NITs amid global layoffs
Oracle has withdrawn job and internship offers from students at several top Indian institutes, including IITs and NITs.
India gets EU approval for seafood exports
India has secured a major win for its seafood export industry, with the European Union (EU) adding the country to its updated list of nations allowed to continue aquaculture exports beyond September 2026.
India's unemployment climbs to 5.2%, highest in 6 months
India's unemployment rate has hit a six-month high of 5.2% in April, up from March's 5.1%.
mAadhaar to retire soon: How to switch to new app
The Unique Identification Authority of India (UIDAI) has announced the impending retirement of its mAadhaar app.
Rapido raises $240M at $3B valuation
Rapido, a leading ride-hailing platform in India, has raised $240 million in a funding round led by Prosus. The investment values the company at $3 billion on a post-money basis.
Rupee hits record-low against dollar, crosses 96 for first time
The Indian rupee has hit a record low against the US dollar, crossing the 96 mark for the first time.
ITR filing for AY 2026-27 begins: How to file returns
The Income Tax Department has officially started the process of filing Income Tax Returns (ITRs) for the Assessment Year 2026-27.
Sensex drops 600 points from day's high
The Indian stock market witnessed a decline on Friday, with the benchmark indices Sensex and Nifty erasing their early gains.
Ankur Warikoo closes his ₹100cr courses business
Popular entrepreneur and content creator Ankur Warikoo has announced the closure of his highly successful courses business.
Honda posts its first-ever annual loss as EV bets falter
Japanese car giant Honda has reported its first annual loss in nearly 70 years. The company's massive investments in the electric vehicle (EV) market have not paid off as expected.
Judge seeks details on Anthropic's proposed $1.5B settlement with authors
A federal judge has sought more information regarding artificial intelligence (AI) firm Anthropic's proposed $1.5 billion settlement with authors.
Trump says he struck 'fantastic trade deals' with China
US President Donald Trump has claimed to have struck "fantastic trade deals" with Chinese President Xi Jinping.
Over 50 employees left Musk's SpaceXAI since merger
Elon Musk's newly rebranded venture, SpaceXAI, is witnessing an exodus of top talent.
Why Flipkart is delaying its IPO
Walmart has asked its e-commerce subsidiary, Flipkart, to delay its initial public offering (IPO) and focus on achieving profitability, as per Moneycontrol.
Anthropic set to raise $30B at $900B valuation
Anthropic, a leading artificial intelligence (AI) company, is on the verge of closing a massive $30 billion funding round.
Samsung workers push ahead with 18-day strike
Samsung Electronics' labor union has stuck to its plan of a strike, even after the company offered unconditional pay talks.
Musk-OpenAI trial nears end: Key takeaways and what's next
As the trial over alleged wrongdoing by OpenAI and its leaders comes to a close, Elon Musk's attorney has accused OpenAI CEO Sam Altman of deception.
Why OMC stocks are falling despite fuel price hike
Shares of state-run oil marketing companies (OMCs) such as Hindustan Petroleum Corporation (HPCL), Bharat Petroleum Corporation (BPCL), and Indian Oil Corporation (IOCL) have witnessed a decline of up to 3% today.
Gautam Adani settles US fraud case with $18M payout
Gautam Adani and his nephew, Sagar Adani, have agreed to pay a total of $18 million to settle US Securities and Exchange Commission (SEC) charges.
RBI cancels registrations of 150 NBFCs
The Reserve Bank of India (RBI) has canceled the Certificates of Registration (CoR) of 150 non-banking financial companies (NBFCs).
AI chipmaker Cerebras soars 68% in NASDAQ debut
Cerebras Systems, a leading player in the artificial intelligence (AI) chip market, made a stellar debut on the NASDAQ.
Silver crashes nearly ₹12,000/kg
Gold and silver prices opened sharply lower on the Multi Commodity Exchange (MCX) today. The decline comes amid rising energy prices fueling inflation concerns and expectations of prolonged high interest rates.
OpenAI weighs legal action against Apple
OpenAI is considering legal action against Apple over a strained partnership, Bloomberg reported.
Petrol, diesel prices hiked by ₹3 per liter
In a major development, petrol and diesel prices have been hiked by ₹3 per liter each.