Business News
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Milky Mist IPO opens with 15% GMP: Apply or avoid?
Milky Mist Dairy Food Ltd, a prominent player in the packaged food sector, has launched its initial public offering (IPO) today.
Gold prices hit 10-week high: What's driving the rally?
Gold prices have continued their upward trend on Tuesday, marking a third consecutive session of gains.
Why NYC mayor Zohran Mamdani and Amazon are at odds
New York City Mayor Zohran Mamdani has endorsed the Delivery Protection Act, a controversial legislation that would require Amazon and other major delivery companies to directly employ thousands of drivers.
Why license of Blinkit warehouse in Mumbai has been suspended
The Food and Drug Administration (FDA) has suspended the food license of Blinkit's Malad West warehouse in Mumbai.
Why Meta, Google, Snapchat are staring at thousands of lawsuits
A US appeals court has allowed thousands of lawsuits against social media giants Meta, Google, TikTok, and Snapchat to proceed.
Dhoot Transmission IPO: Does 30% GMP make it a buy?
The initial public offering (IPO) of Dhoot Transmission, worth ₹3,066.89 crore, has entered its second day of bidding today.
Will Centre raise minimum pension from ₹1,000 to ₹7,500?
The Employees's Pension Scheme (EPS) has been a major source of financial support for pensioners in India.
How RBI is helping banks combat digital payment fraud
The Reserve Bank of India (RBI) has announced a new initiative to help banks combat digital payment fraud.
Why India's exports to US and Europe are becoming costlier
Indian exporters are facing a major spike in freight costs, with shipping charges on almost all major routes rising sharply.
Boeing has sold its electric air taxi business
Boeing has announced the sale of three of its electric vertical takeoff and landing (eVTOL) subsidiaries to Archer Aviation.
Google co-founder spends over $100M fighting California's billionaire tax proposal
Google co-founder Sergey Brin has spent over $100 million fighting California's proposed billionaire tax, according to a recent filing.
Top Indian private banks eye $3B in dollar loans
India's leading private banks, including HDFC Bank, are looking to raise up to $3 billion through dollar bonds or loans.
OpenAI completes $7B secondary share sale at $852B valuation
OpenAI has successfully completed a secondary share sale worth around $7 billion, granting past and present employees the opportunity to cash out equity based on an $852 billion valuation.
Australia delays world's first work-from-home law
Australia's Victoria state has postponed the implementation of a landmark law that would have given eligible workers a legal right to work from home for two days a week.
Utilities, courier, logistics providers can now use 1601 number series
India's telecom regulatory authority, TRAI, has expanded the use of the 1600-number series beyond banking and financial services.
Parliament clears taxation amendment bill: How it affects you?
Finance Minister Nirmala Sitharaman has clarified that the Unified Payments Interface (UPI) will continue to remain free for consumers.
South Korea announces $3.5B fund to boost its chip industry
South Korea has announced a massive 5 trillion won ($3.52 billion) semiconductor fund to boost its chip industry.
Jeff Bezos is buying a stake in Liverpool FC
Amazon founder Jeff Bezos is close to finalizing a deal to acquire a one-third stake in Liverpool Football Club.
DLF sells Gurugram penthouse to Manav Sardana for ₹271cr
Real estate giant DLF has sold a penthouse at its luxury housing project 'The Dahlias' in Gurugram for ₹271 crore.
Why Tukaram Mundhe-led Maharashtra FDA is digitizing milk supply chain
Maharashtra's Food and Drug Administration (FDA), under Commissioner Tukaram Mundhe, is spearheading a major digitization initiative to trace milk from farms to consumers.
US sanctions bill unlikely to sway India's Russian crude purchases
India is unlikely to reduce its crude oil imports from Russia in the near future, despite the recent US Senate sanctions bill.
This investor's ₹360cr Paytm bet is now worth ₹1,225cr
Ace investor Akash Bhansali has made a killing with his investment in fintech company Paytm.
India, Chile near trade deal with critical minerals in focus
India and Chile are nearing the final stages of a trade agreement, with commerce secretary Rajesh Agrawal likely to visit the South American nation this month.
Taiwan to boost defense spending amid rising Chinese military threats
Taiwan is gearing up to increase its defense budget by 16% next year, taking the total expenditure above T$1.1 trillion (around $31 billion).
Apple Pay to launch in India by October
Apple is gearing up to launch its digital payments service, Apple Pay, in India by October, as per a Business Standard report.
Modi government says airport operators can invest in airlines
The Indian government has clarified that there is no policy preventing major airport operators from holding significant equity in or running scheduled airlines.
Modi government raises ₹45,306cr via disinvestment, asset monetization in FY26
The Indian government has raised a whopping ₹45,306 crore through disinvestment and asset monetization in the fiscal year 2025-26.
Why Australia is probing China-linked rare earth investors
Australia's Economy Minister Jim Chalmers has intensified scrutiny on China-linked investors in a critical minerals project.
5 global oil giants post $48B profit amid US-Iran war
Five of the world's largest oil companies, Exxon Mobil, Chevron, BP, Shell and TotalEnergies, have reported a combined profit of $48 billion in the second quarter.
Meet Aswin K, new India GM of Singapore Airlines
Singapore Airlines has appointed Aswin K as its new General Manager for India, effective this month.
BSNL proposes ₹77,000cr capex for 4G, 5G expansion
Bharat Sanchar Nigam Limited (BSNL) has proposed a massive ₹77,000 crore capital expenditure plan over the next five years.
Sony, TSMC in talks to set up $6.4B chip factory
Sony Group Corp and Taiwan Semiconductor Manufacturing Company (TSMC) are in talks to set up a joint factory in Japan, according to Bloomberg.
Waiting for your ITR refund? Here's when it may arrive
After filing your Income Tax Return (ITR), the next big question is when the refund will be credited to your bank account.
Zee, Punit Goenka challenge SEBI's market ban
Zee Entertainment Enterprises Limited (ZEEL) and its CEO Punit Goenka have challenged a Securities and Exchange Board of India (SEBI) order barring them from accessing the securities market.
Why Dabur has accused FSSAI of helping its rivals
Dabur has accused the Food Safety and Standards Authority of India (FSSAI) of favoring certain manufacturers with its ban on "100%" claims.
Your grocery bills in India are about to go up
Leading fast-moving consumer goods (FMCG) companies in India are planning to raise prices in the September quarter.
US dollar near 2-month low: Here we decode why
The US dollar has fallen against major currencies, as investors await key inflation data.
Mahindra Group appoints Shveta Arya as Group Chief Strategy Officer
Mahindra Group has announced the appointment of Shveta Arya as its new Group Chief Strategy Officer.
AI engineering jobs in India growing 51% annually: LinkedIn CEO
India is witnessing a massive boom in the artificial intelligence (AI) job market, with AI engineering roles growing by an impressive 51% every year.
BSE launches REITs Index: What investors need to know
The Bombay Stock Exchange (BSE) has launched the BSE REITs Index, a new tool to track the performance of listed Real Estate Investment Trusts (REITs) in India.