Business News
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Indian IT stocks down 50% from peak: Time to buy?
India's top IT companies, including Tata Consultancy Services (TCS) and Infosys, have seen their market capitalization drop by over 50% from their peak.
Abu Dhabi-based MGX secures $49B for AI fund
Abu Dhabi-based MGX has raised a whopping $49 billion for one of the largest-ever funds dedicated to artificial intelligence (AI) investments.
Reliance Power shares up by 10% today: What's the reason?
Reliance Power's share price skyrocketed by over 10% to ₹27.45 apiece on the Bombay Stock Exchange (BSE) today.
Overseas investments to become more difficult for Chinese companies
China has introduced stricter regulations for overseas investments, effective from today.
Modi government might make recycling of solar modules mandatory
The Indian government is working on a national policy for solar module recycling, as per Mint.
Aluminum prices hit 4-month low: Here we decode why
Aluminum prices have plummeted to their lowest since mid-February, largely due to a strengthening US dollar.
How NPCI plans to simplify your UPI payments abroad
The National Payments Corporation of India (NPCI) has partnered with HSBC India and J.P. Morgan Payments to make international Unified Payments Interface (UPI) transactions more efficient.
Sensex gains over 500 points: What's behind today's rally?
India's equity benchmarks, the Sensex and Nifty, are witnessing a strong rally today. The Sensex has gained over 500 points while the Nifty is trading above the 24,000 mark.
Why PhysicsWallah is offering new faculty ₹15L as reward
Leading edtech company PhysicsWallah is offering its newly hired faculty monetary rewards of up to ₹15 lakh, as per Moneycontrol.
GST collections in June jump 13.9% YoY to ₹1.95L crore
India's Goods and Services Tax (GST) collections witnessed a significant jump of 13.9% year-on-year in June, reaching ₹1.95 lakh crore.
Meet Gautam Swaroop, new chief business officer of Swiggy Instamart
Swiggy's Instamart, a leading quick commerce platform in India, has appointed Gautam Swaroop as its new Chief Business Officer (CBO).
You can use EPFO's online services from tomorrow
The Employees' Provident Fund Organisation (EPFO) has announced an extension of the suspension period for its online member and employer services.
Foreign buying of Indian bonds hits record after tax relief
India's bond market has witnessed a record surge in foreign investment, with funds pouring in $4.4 billion (about ₹41,800 crore) last month.
India's factory growth slows in June
India's manufacturing sector has witnessed its second-slowest growth in four years, according to a recent survey.
Bitcoin sinks to 21-month low
Bitcoin, the world's largest cryptocurrency, has hit a new 21-month low.
Knack Packaging IPO opens with 15% GMP: Should you bid?
Knack Packaging, a leading manufacturer of integrated packaging solutions, has opened its initial public offering (IPO) for subscription today.
EPFO extends service suspension till July 2
The Employees's Provident Fund Organisation (EPFO) has announced an extension of the suspension period for its online member and employer services.
No check-in bag? IndiGo has a cheaper fare for you
IndiGo, India's leading low-cost airline, has launched a new fare category called "IndiGo Lite."
Trump earned $1.4B from crypto in 2025
President Donald Trump has reported a whopping $1.4 billion in earnings from cryptocurrency and memecoin-related businesses in 2025.
Nayara Energy slashes petrol, diesel prices by up to ₹5
Nayara Energy, India's largest private fuel retailer, has announced a nationwide reduction in petrol and diesel prices.
Commercial LPG prices slashed by ₹183.5
In a major relief for restaurants and commercial establishments, the government has slashed the price of a 19kg commercial LPG cylinder by ₹183.5 from today.
Microsoft may lay off about 5,500 employees: Report
Microsoft is preparing for a fresh round of job cuts, according to Business Insider.
After Trent, Noel Tata is stepping down as Voltas chairman
Noel Tata, a veteran leader of the Tata Group, has announced his decision to step down as Chairman of Voltas.
EY fires employee for accessing Australian PM's bank account
An employee of Ernst & Young (EY), one of the Big Four accounting firms, has been fired after allegedly accessing Australian Prime Minister Anthony Albanese's personal banking information.
India Semiconductor Mission 2.0 secures funding worth ₹1.25 lakh crore
The Expenditure Finance Committee (EFC) has approved an allocation of ₹1.25 lakh crore for the second phase of the India Semiconductor Mission (ISM 2.0).
ITR filing deadlines for AY 2026-27 revised: Check new dates
The Income Tax Department has revised the due dates for filing Income Tax Returns (ITRs) for the assessment year (AY) 2026-27.
You can now pay via UPI in Greece
India's unified payments interface (UPI) has officially launched in Greece, expanding its global footprint.
Air India won't charge you for handling sports equipment anymore
In a major relief for athletes, Air India has announced the waiver of handling charges for sports equipment across all sectors.
NBCUniversal might start making video games
NBCUniversal is looking to expand into digital gaming and new entertainment franchises, following its planned separation from Comcast, Reuters has reported.
OYO parent Prism has filed new papers for ₹6,650cr IPO
Prism, the parent company of hospitality giant OYO, has filed updated draft papers with the Securities and Exchange Board of India (SEBI) for a ₹6,650 crore initial public offering (IPO).
Why Amazon has been sued in Australia
The Australian Competition and Consumer Commission (ACCC) has sued Amazon Australia, claiming that the company's Prime subscription contracts had unfair terms.
Why Warren Buffett is pausing annual donation to Gates Foundation
Warren Buffett, the billionaire investor and Chairman of Berkshire Hathaway, has decided to halt his annual donation to the Gates Foundation, as per the Wall Street Journal.
Diesel, petrol can be sold to commercial buyers from July
India will lift the restrictions on petrol and diesel sales for commercial buyers from July 1.
Why Versace, Jimmy Choo are hiring secret investigators in India
As India's luxury market continues to grow, global brands like Versace, Michael Kors, and Jimmy Choo are taking extra measures to protect their intellectual property.
India's industrial production grows by 5.1% in May
India's industrial production grew by a healthy 5.1% in May, according to the latest data from the Ministry of Statistics and Programme Implementation (MoSPI).
Comcast is splitting into 2 companies
In a major restructuring move, Comcast has announced plans to split into two publicly traded companies.
South Korea bets $576B on chips, AI to boost economy
South Korea has announced a massive industrial strategy focused on semiconductors and artificial intelligence (AI).
Apple accuses CCI of 'copy-pasting' rivals' claims in antitrust case
Apple has accused India's antitrust investigators of "copy-pasting" claims from its competitors and not conducting a thorough investigation, regulatory papers reviewed by Reuters reveal.
India, Seychelles sign major deal to boost bilateral ties
India and Seychelles have signed a major agreement to strengthen their bilateral ties.
Shares of Persistent Systems crash 10% today: What's the reason?
Persistent Systems' shares plummeted by 10% to ₹4,353.35 today, following the company's announcement of its planned acquisition of German digital engineering firm Nagarro SE.