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Standard Chartered to cut over 7,000 jobs by 2030
Standard Chartered has announced plans to cut over 7,000 jobs globally by 2030.
Musk slams OpenAI lawsuit verdict, says legal fight isn't over
A US jury has ruled against Elon Musk in his lawsuit against OpenAI, the artificial intelligence company led by Sam Altman.
Oil prices fall below $110 as Trump pauses Iran attack
Oil prices fell sharply in early Asian trade on Tuesday, after US President Donald Trump announced a pause in military action against Iran.
Fuel prices raised by 90p; second hike in 4 days
Petrol and diesel prices have witnessed another hike across major Indian cities, marking the second increase in a week.
Musk loses lawsuit against OpenAI and Sam Altman
A jury in Oakland, California has ruled against Elon Musk in his high-profile lawsuit against Sam Altman and OpenAI.
PwC sued by liquidators of China Evergrande for $8.4B
The liquidators of China Evergrande, a major Chinese property developer that went bankrupt, are suing accounting firm PricewaterhouseCoopers (PwC) for CNY 57 billion ($8.4 billion).
How India's LPG shortage is having an effect on California
India, world's most populous country, relies heavily on LPG for cooking.
Why Apple Pay's launch in India has been delayed
Apple's plans to launch its payment service, Apple Pay, in India have hit a snag over commission negotiations with major banks, Moneycontrol has reported.
ICICI Bank to retain majority stake in ICICI Prudential Life
ICICI Bank has announced its decision to maintain a majority stake in the ICICI Prudential Life Insurance Company.
How NPS plans to make your retirement easier
The Pension Fund Regulatory and Development Authority (PFRDA) has announced a major change in the National Pension System (NPS).
Kalshi, Polymarket onboarding Indian users despite ban on online betting
Despite India's ban on online betting platforms, Kalshi and Polymarket are still allowing Indian users to sign up and trade on their prediction markets.
Why SEBI has summoned company secretary of IndusInd Bank
The Securities and Exchange Board of India (SEBI) has summoned IndusInd Bank's Company Secretary Anand Das in connection with an alleged insider trading case, Moneycontrol has reported.
OPPO wants to form a manufacturing JV in India
Chinese smartphone giant OPPO is in talks with Indian electronics makers Amber Group and Bhagwati Products to form a manufacturing joint venture (JV) in India, as per Moneycontrol.
India-Oman FTA might be effective from June 1: Piyush Goyal
India's free trade agreement (FTA) with Oman should come into effect from June 1, Commerce Minister Piyush Goyal announced today.
Bank of India has revised interest rates for these FDs
Bank of India has revised its interest rates on medium and long-term fixed deposits (FDs) of less than ₹3 crore.
SEBI plans rules for AI-based trading
The Securities and Exchange Board of India (SEBI) is working on a framework to regulate artificial intelligence (AI)-driven trading.
Sensex rebounds over 1,100 points from day's low
The benchmark indices, Sensex and Nifty, have staged a partial recovery on May 18. The recovery comes after a sharp decline of up to 1.3% in intra-day trading.
Anthropic, OpenAI dominate paid AI app market with 89% share
Anthropic and OpenAI together account for the majority of the paid artificial intelligence (AI) app market, a new survey has revealed.
Centre reviews IDBI Bank stake sale
The Indian government is looking for ways to revive the stalled sale of a majority stake in IDBI Bank. The move comes after bids earlier this year fell short of expectations.
Apple must cooperate with India's antitrust probe: Delhi High Court
The Delhi High Court has ordered Apple to fully cooperate with the ongoing antitrust investigation into its iPhone app market practices.
Samsung Electronics' union will go on strike as planned
Samsung Electronics' union has said in a statement that it will proceed with its planned strike despite a local court partially granting the company's request for an injunction.
SEBI's intraday borrowing proposal: What it means for mutual funds
The Securities and Exchange Board of India (SEBI) has proposed a major change in the way mutual funds operate.
India retains position as world's fastest-growing major steel producer
India has retained its position as the world's fastest-growing major steel producer, according to a recent report by Goldman Sachs.
NSE starts digital gold trading
The National Stock Exchange of India (NSE) has launched live trading in its Electronic Gold Receipts (EGRs) segment.
Bain Capital raises $10.5B for Asia-focused private equity fund
Bain Capital, a leading global investment firm, has announced the final close of its sixth Asia-focused private equity fund.
Energy crisis: Delhi govt advises 2-day WFH, staggered office hours
In light of the ongoing global energy crisis, the Delhi government has issued an advisory urging private companies and organizations to implement a minimum of two-day work-from-home (WFH) policy and staggered office hours.
Why Hindustan Zinc's shares are falling sharply
Hindustan Zinc's shares have witnessed a steep decline of over 7% in the last two trading sessions.
How companies in EU will lower reliance on China
The European Union (EU) is drafting new regulations that would require companies in the bloc to source critical components from at least three different suppliers.
HDFC Bank devalues its credit cards: How it affects you
HDFC Bank has announced a series of changes to the benefits associated with its Regalia Gold and Diners Privilege credit cards.
HSBC to lend $4B to these Chinese companies
HSBC has announced a new $4 billion credit facility to support Chinese companies in sustainable and transitional technology.
Bitcoin hits 2-week low today: Here we decode why
Bitcoin has hit a two-week low of $76,700 as the cryptocurrency market faces a major selloff.
US-Iran war has cost global firms around $25B
The ongoing US-Israeli conflict with Iran has already cost global companies at least $25 billion, a Reuters analysis has found.
This little-known $2 trillion company is bigger than Tesla, Meta
While Tesla, Apple, and Berkshire Hathaway hog the limelight, a little-known tech giant has quietly made its way to the top of America's most valuable companies.
Airtel becomes India's 2nd-most valuable company
Telecom giant Bharti Airtel has overtaken HDFC Bank to become the second-most valuable company in India by market capitalization.
Paytm brings UPI to teens with Pocket Money feature
Paytm has launched a new feature called 'Pocket Money,' allowing teenagers to make UPI payments even if they don't have their own bank account.
ICICI Prudential Life shares fall 7%: What's driving the decline?
ICICI Prudential Life Insurance Company Limited's shares have witnessed a sharp decline of over 7% in early trade today.
India plans highway monetization worth ₹35,000cr
The Indian government is planning to monetize 28 national highway assets, covering over 1,800km in FY27. The move is expected to generate around ₹35,000 crore.
Mutual funds' tech allocation at 8-year low: What's the reason
Mutual funds have slashed their investment in the technology sector to an eight-year low of 6.7% in April 2026, a report by Motilal Oswal Financial Services has shown.
BSE set to enter Nifty 50
India's oldest stock exchange, BSE Ltd, is likely to be included in the Nifty 50 Index during its September 2026 rebalancing.
SHEIN acquires US apparel brand Everlane for $100M
Chinese e-commerce giant SHEIN is reportedly acquiring US apparel retailer Everlane from its majority owner, L Catterton.