576 Indians report income over ₹100 crore in FY26, MoS tells Lok Sabha
The government reported that 576 Indians declared incomes exceeding ₹100 crore in FY26, a fourfold increase in billionaires over five years, according to MoS Pankaj Chaudhary.
Business & Finance News
US Stock Market Declines Amid Chip Stock Sell-Off and Oil Price Drop
US stock futures indicated a weaker open as semiconductor stocks faced renewed selling pressure, with Nasdaq-100 futures down 0.9%. Concerns over AI spending returns contributed to the market's cauti…
India's Industrial Growth Reaches 23-Month High of 7.3% in June 2026
India's industrial growth surged to 7.3% in June 2026, the highest in nearly two years, driven by strong performances in manufacturing, electricity, and capital goods.
India's 1991 BoP Crisis Sparks Economic Liberalisation Reforms
The 1991 balance of payments crisis in India led to significant economic reforms, marking 35 years of liberalisation. Emergency measures included gold pledges and a reform-driven budget that transfor…
Apple Reclaims Title as World's Most Valuable Public Company
Apple has regained its position as the world's most valuable publicly traded company, surpassing Nvidia with a market valuation of $4.9 trillion. This shift follows a decline in Nvidia's stock, which…
Indus Towers eyes debt-funded Africa push with Airtel as anchor customer
The telecom infrastructure company plans to enter Nigeria, Uganda and Zambia with Airtel Africa as its anchor customer, while funding the expansion largely through
India faces 'stagflationary shock' amid upside risks to food prices: BMI
The Fitch Solutions unit says higher food prices could push up inflation and curb GDP growth as El Niño and West Asia tensions threaten agricultural output and input
Stock market ends flat; Sensex dips nearly 70 points
Stock market ends flat; Sensex dips nearly 70 points Stock markets end flat; Sensex dips nearly 70
Stock Market Highlights, Sensex Today: Sensex, Nifty Trade Flat As Oil Falls Below $90 Amid US-Iran War
Stock Market, Sensex, Share Market, Nifty Highlights: Crude oil prices extend losses on US-Iran peace talks; Brent below $90 per
Stock exchanges tighten OFS oversight, flag gaps in order placement
Stock exchanges tighten OFS oversight, flag gaps in order
L&T Q1 Beats Street Estimates
Larsen & Toubro Ltd has reported a 14% year-on-year increase in consolidated profit after tax at ₹4,123 crore for the quarter ended June 30, 2026. The profit was above the CNBC-TV18 poll estimate of…
India's Net FDI Decline Due to Repatriation and Inflation Control
India's net foreign direct investment (FDI) has declined in recent years, from USD 27.99 billion in FY23 to USD 6.95 billion in FY26. The decline is attributed to increased repatriation by foreign in…
India's IPO Market to Stay Resilient
India's IPO market is expected to stay resilient, with over 70 firms awaiting SEBI clearance. The market has seen a sharp increase in IPO activity, with 175 companies holding valid SEBI observations…
India's E-commerce Sector Growing Exponentially
India's e-commerce sector is growing exponentially, but it is facing a major challenge in making a net profit. A report by the Centre for Social and Economic Progress (CSEP) has highlighted the indus…
Johnson & Johnson announces $5.5 billion settlement of talc lawsuits
The proposed settlement aims to close a years-long legal battle over claims its talcs products cause cancer. The proposed settlement aims to end a long-standing legal battle that has weighed on the N…
Air India's Struggle Creates Bigger Problem for Aviation Duopoly
Air India's failure to become a strong competitor to IndiGo has created a bigger problem for the aviation duopoly in India. The airline's struggles have led to concerns about the dominance of IndiGo…
Supreme Court Rules Consumers Should Not Pay for Unused Services
The Supreme Court has ruled that consumers cannot be made to pay for a service they no longer receive, saying tariff determination is not merely a mathematical exercise but a regulatory balancing act…
Tata Sons Chairman N Chandrasekaran Among India's Highest-Paid Executives
Tata Sons Executive Chairman N Chandrasekaran received a total remuneration of Rs 158.66 crore in FY26, making him one of India's highest-paid corporate executives. His remuneration has increased mar…
Apple Regains Market-Cap Crown as Nvidia Drops 5%; SpaceX Loses $1.2 Trillion
Apple has regained its position as the world's most valuable company, with a market capitalization of $4.95 trillion. Nvidia has dropped 5% in value, while SpaceX has lost $1.2 trillion from its peak.
IT gains help Sensex, Nifty end flat despite broader market weakness
IT stocks extended gains as easing crude oil prices and improved domestic outlook supported sentiment, though broader market breadth remained