Business News
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China's June oil imports touch decade low: What's the reason?
China's crude oil imports have plummeted by a staggering 41.3% in June, hitting their lowest level in nearly a decade.
Zepto launches 'Select' to take on Blinkit Gourmet, FirstClub
Zepto, a leading player in the quick-commerce space, is set to launch a new premium grocery service called 'Select,' as per a Moneycontrol report.
India's wholesale inflation rises to 9.87% in June
India's wholesale inflation rate increased to 9.87% in June, up from May's 9.68%.
Indian rupee hits 2-month low, breaches 96 per dollar
The Indian rupee has breached the psychologically significant level of 96 against the US dollar, a first since May 2026.
China's exports soar 27%, fastest since October 2021
China's trade growth in June was much stronger than expected, with exports rising by 27% year-on-year.
Oil prices surge as Trump announces shipping fees in Hormuz
Oil prices surged by over 2% on Tuesday, following US President Donald Trump's announcement of plans to impose shipping fees in the Strait of Hormuz and reinstate a blockade on Iranian ports.
Jio Platforms gets new CEO ahead of $4B IPO
Jio Platforms has appointed Pankaj Pawar as its new Chief Executive Officer (CEO), replacing Kiran Thomas.
Why Asian Paints has hiked prices in India by 12%
Asian Paints, India's largest paint manufacturer, has announced a price hike of around 12%.
HCL Tech's Q1 profit jumps 20% YoY to ₹4,624cr
HCL Technologies has reported a 20% year-on-year rise in its consolidated net profit for the June quarter.
Indian exporters receive over $1B in tariff refunds from US
Indian exporters have started receiving refunds of duties paid during Donald Trump's presidency, with over $1 billion already reimbursed.
Volkswagen is planning to cut another 50,000 jobs globally
Volkswagen's CEO Oliver Blume has hinted at the possibility of an additional 50,000 job cuts.
CBI files chargesheet in Anil Ambani RCom loan fraud case
The Central Bureau of Investigation (CBI) has filed a chargesheet in the alleged banking fraud case involving Anil Ambani, Reliance Communications (RCom) and other related entities.
Piyush Goyal dismisses report of deadlock in India-US trade talks
Commerce and Industry Minister Piyush Goyal has rejected reports suggesting a deadlock in the ongoing India-US trade talks.
Spanish firm Submer to invest $2B in MP's semiconductor sector
Spain's Submer Group has announced a massive investment of $2 billion (approximately ₹19,000 crore) in Madhya Pradesh's semiconductor industry.
India's retail inflation breaches RBI target, spikes to 4.38%
India's retail inflation surged to 4.38% in June, breaching the Reserve Bank of India's (RBI) medium-term target of 4%.
India's trade deficit widens to $30.4B in June
India's merchandise trade deficit widened to $30.43 billion in June, up from $28.21 billion in May.
Will Paramount move out of California?
Paramount is reportedly contemplating a move from California, as the state prepares to sue over its proposed $111 billion acquisition of Warner Bros. Discovery.
You can soon fly non-stop from India to New Zealand
Air India and Air New Zealand are in talks to form a joint venture for non-stop flights between the two countries.
India to export defense equipment worth ₹50,000cr by FY29: Report
India's defense exports are likely to touch ₹50,000 crore by the end of financial year 2028-29 (FY29), a report by Kotak Institutional Equities has said.
Jeff Bezos's ex-wife donates $20M to mental health non-profit
MacKenzie Scott, the ex-wife of Amazon founder Jeff Bezos, has made a historic donation of $20 million to Active Minds.
'VISHWAS': EPFO introduces one-time dispute settlement scheme for employers
The Employees' Provident Fund Organisation (EPFO) has launched the VISHWAS, 2026 scheme.
HDFC Bank trimmed workforce by over 3,300 in FY26
HDFC Bank has reduced its workforce in the last financial year as part of a larger shift toward technology and automation.
TSMC posts record Q2 revenue as AI chip demand surges
Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chipmaker, has reported a record high revenue for the second quarter of this year.
Jet Airways suspended operations in 2019. Now, it's auctioning assets
Jet Airways, once India's largest private airline, is set to auction its remaining assets.
47% gains in 4 days: What's driving Kalyan Jewellers shares?
Kalyan Jewellers' shares continued their upward trajectory on Monday, rising another 10% to ₹522 on the NSE. The stock has gained 47% over the last four trading sessions.
South Korea announces record $530B budget, driven by AI boom
South Korea has announced a record-breaking budget of over 800 trillion won ($530.97 billion) for the fiscal year 2027.
NSE's latest index lets you invest in companies following ahimsa
NSE Indices Limited, the index services subsidiary of the National Stock Exchange (NSE), has launched the Nifty500 Ahimsa Index.
India's inflation likely to cross 4% mark
India's consumer price index (CPI) inflation is expected to breach the crucial 4% mark for the first time in 16 months.
Why TCS shares are soaring today
Tata Consultancy Services (TCS) has witnessed a massive surge in its shares today, rising by over 5% to 2,181.5 at the time of writing.
India-UK trade deal begins on July 15: What's getting cheaper?
India and the United Kingdom have signed a Comprehensive Economic and Trade Agreement (CETA), which will come into effect from July 15.
India rejects rushed US trade deal over unmet tariff demands
India has turned down the prospect of a hasty trade deal with the US, according to Reuters.
Indian rupee hits 1-month low against dollar: What's the reason?
The Indian rupee fell to its lowest level in over a month today, trading at 95.76 per US dollar.
Emerging markets saw equity outflow worth $46B in June
Emerging markets witnessed a massive exodus of foreign capital in June, with net outflows from equities hitting $46.1 billion.
Indian government bonds see a decline today: What's the reason?
Indian government bonds fell in early trade today, mirroring a selloff in US Treasuries.
Indian banks to remain closed for 4 days this week
Public and private sector banks across India will observe a four-day closure between today and July 19, 2026.
You can soon get a gold loan from Tata Capital
Tata Capital, a leading financial services provider and part of the Tata Group, has announced its entry into the gold loan sector.
SK Hynix Korean shares sink 15% after stellar NASDAQ debut
SK Hynix's shares fell more than 15% on the Korean stock exchange today, making it the company's biggest one-day decline on record.
SBI Funds Management's ₹11,693cr IPO opens tomorrow
SBI Funds Management Ltd, India's largest asset management company, will launch its initial public offering (IPO) tomorrow. The issue is expected to raise ₹11,692.91 crore.
TCS announces major leadership reshuffle to revive growth
Tata Consultancy Services (TCS), India's largest IT services company, has announced a major leadership reshuffle, according to internal emails seen by Moneycontrol.
Hyundai workers begin 3-day partial strike over bonuses, job security
Workers at Hyundai Motor Co. have started a three-day partial strike, demanding higher bonuses and job security against automation.