Business News
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Indian diaspora could help UPI expand globally
The National Payments Corporation of India (NPCI), the body behind India's popular mobile payments system, is eyeing global expansion.
Foreign investors return to IT stocks after months of selling
In a major development, foreign portfolio investors (FPIs) have shown interest in Indian information technology (IT) stocks for the first time this year.
HAL restarts Su-30MKI fighter jet production at Nashik
Hindustan Aeronautics Limited (HAL) has announced the revival of production for Su-30MKI fighter jets at its Nashik facility.
UPI growth slows amid debate over payment fees
The growth rate of Unified Payments Interface (UPI) transactions has slowed down by 10 percentage points in the first four months of FY27, compared to the same period last year.
Dhoot Transmission IPO opens with 30% GMP: Should you bid?
Dhoot Transmission Ltd. has opened its ₹3,066.89 crore initial public offering (IPO) today.
Oil prices climb to $85 as uncertainty clouds Hormuz reopening
Oil prices have witnessed an uptick on Monday due to the uncertainty surrounding the reopening of the Strait of Hormuz, a key transit route for global oil shipments.
Why ED filed fresh chargesheets against Anil Ambani group firms
The Enforcement Directorate (ED) has filed chargesheets against two companies of the Reliance Anil Ambani Group (RAAG) in separate money laundering cases.
889 serious technical defects found in flights in 2025: DGCA
The Directorate General of Civil Aviation (DGCA) has reported a significant increase in the number of serious technical defects in flights in 2025.
Modi government might raise CCEA approval threshold for FDI proposals
The Indian government is mulling a proposal to increase the threshold for foreign direct investment (FDI) proposals that need Cabinet Committee on Economic Affairs (CCEA) approval.
Berkshire Hathaway buys back $4.5B in shares, biggest since 2021
Berkshire Hathaway has spent around $4.5 billion to repurchase its own shares in the second quarter, the company's biggest quarterly buyback since 2021.
66% AI workers in India expect layoffs in few months
A recent survey by Blind, an anonymous community app for professionals, has revealed that 66% of employees in artificial intelligence (AI) and machine learning (ML) roles expect layoffs or significant headcount reductions within the next three to six months.
AI push is putting banks at risk, says Moody's
Moody's, a credit rating agency, has warned that the financial industry's rush to adopt artificial intelligence (AI) is making major banks overly reliant on a handful of Silicon Valley companies.
India Energy Week 2027 moves from Goa to Kolkata
India Energy Week (IEW) 2027 will take place from January 28 to January 31 at the Biswa Bangla Convention Centre in New Town, Kolkata.
India can save $5B thanks to GOBARdhan scheme
The Indian Biogas Association (IBA) has projected that the GOBARdhan Scheme will help reduce India's gas import bill by $5 billion.
Market cap of India's top 4 firms up ₹1.43L crore
The combined market capitalization of four of India's top 10 most valued companies rose by a whopping ₹1.43 lakh crore last week.
Snap co-founder erases $550M medical debt for Californians
Snap co-founder Evan Spiegel and his wife, supermodel Miranda Kerr, have donated millions to wipe out $550 million in medical debt for over 261,000 Californians.
SBI's AI-driven lending generates ₹22,000cr business in Q1
The State Bank of India (SBI) has reported a major boost from artificial intelligence (AI) in its lending business.
PhonePe, Razorpay back UPI charges on bigger merchants
Leading Indian fintechs, PhonePe and Razorpay, have supported the industry's push for merchant charges on larger businesses.
Delhivery's Q1 net profit falls 65% YoY to ₹32cr
Leading logistics company Delhivery has reported a 65% year-on-year drop in its net profit for the first quarter of FY27.
China's producer price inflation hits 3-month low: What's the reason?
China's producer price index (PPI) has witnessed a significant slowdown, rising only 3.5% year-on-year in July.
Milk in Maharashtra will become costlier from August 11
From August 11, the cost of cow and buffalo milk in Maharashtra will go up by ₹2 per liter.
OpenAI acquires presentation start-up NextSlide to enhance ChatGPT
OpenAI has acquired presentation start-up NextSlide, a move that will bolster the capabilities of ChatGPT.
India's data center boom could boost housing demand by 2030
India's burgeoning data center ecosystem is poised to significantly impact the country's residential real estate sector, a new report from proptech company Square Yards has revealed.
Delhi government's new drone policy might create over 1,000 jobs
The Delhi government is ready to approve a new drone policy that aims to create over 1,000 jobs in the capital.
PhonePe says UPI payments will remain free for you
PhonePe co-founder and CEO Sameer Nigam has clarified that Unified Payments Interface (UPI) payments will continue to be free for consumers.
Why India's premium and luxury homes going unsold?
According to a report by Knight Frank India, unsold residential inventory across eight major Indian markets has increased by 4% year-on-year.
FPIs invest ₹12,290cr in first week of August
Foreign Portfolio Investors (FPIs) have made a major investment in the Indian market during the first week of August.
5 mainboard IPOs to hit India's primary market next week
Five mainboard initial public offerings (IPOs) are set to debut on the Indian primary market next week.
LIC explores investments in fintech, health insurance sectors
Life Insurance Corporation of India (LIC) is considering investments in health insurance and financial technology (fintech) sectors.
Trump Media terminates crypto deal with Crypto.com
Trump Media & Technology Group Corp. has terminated its partnership with cryptocurrency exchange Crypto.com.
UK issued over 500,000 visas to Indians in last year
The UK has issued more than 500,000 visas to Indian nationals in the year ending March 2026.
US unemployment rate drops amid job cuts
The US economy witnessed an unexpected job loss in July, with nonfarm payrolls declining by 23,000 jobs, contrary to economists' expectations of growth.
Parliamentary panel urges DRDO to finalize measurable performance targets
A parliamentary panel has urged the Defense Research and Development Organization (DRDO) to "expeditiously" finalize and notify clear, measurable Key Performance Indicators (KPIs).
Natural gas prices facing downward trend: Is recovery possible?
Natural gas prices have been on a downward trend in recent months, despite heightened geopolitical tensions in the Middle East.
Solar, wind projects within 1km of Indian borders banned
The Ministry of Home Affairs (MHA) has issued new guidelines.
Akasa Air, AI Express say fleets unaffected by FAA directive
Akasa Air and Air India Express have confirmed that their fleets of Boeing 737 aircraft are not affected by a recent directive from the US Federal Aviation Administration (FAA).
Paper Boat maker reports 96% decline in profit
Hector Beverages, the maker of beverage brand Paper Boat, has reported a massive decline in profitability for the fiscal year ending March 2026.
Blackstone-backed AGS Health seeks ₹4,800cr via IPO
Blackstone Group-owned AGS Health has filed an updated draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI).
NVIDIA to invest $3B in power infrastructure developer Lancium
NVIDIA will invest up to $3 billion in Lancium, a power infrastructure developer and the company behind the Stargate data centre campus in Texas.
Apple dominates premium smartphone market with 65% global share
Apple has captured a whopping 65% of the global premium smartphone market in the first half of 2026, according to Counterpoint Research's Handset Model Sales Tracker.