Indian Equities Poised for Modest Uptick Amid Geopolitical Jitters
Indian shares are set to open slightly higher after four weekly declines, with investors weighing Middle East tensions against positive global cues.
Business
Ship Fuel Shortage Looms as Refiners Prioritise Diesel and Other Products
Fuel oil supply is set to tighten sharply in Q3 as refiners favour diesel and other products, with prices up 76% in Singapore.
Dollar Wobbles as Rate Hike Bets Rise, Yen Gains Steam
The dollar struggles despite higher Fed hike odds, while the yen strengthens on BOJ expectations and oil prices keep inflation concerns alive.
Pixxel Raises $100 Million in India's Largest Space-Tech Funding Round
Indian space-tech startup Pixxel raises $100 million in a Series C round led by Temasek and Seraphim, marking the largest such funding for an Indian space company.
Asia Shares Bounce, Oil Edges Higher as US-Iran Tensions Simmer
Asian markets rallied on US jobs data, but oil gains and central bank tightening expectations temper optimism.
Gold Steady as Markets Eye US Inflation Data for Fed Rate Cues
Gold prices were little changed on Monday as investors awaited key US inflation data for signals on the Federal Reserve's next rate move.
China's crude imports stay weak as Iran conflict reshapes oil flows
China's August seaborne crude imports rose marginally from July but stayed far below pre-Iran conflict levels, with refiners adjusting to high prices and constrained Middle East supply.
Poorly Drafted Arbitration Clauses Push Disputes Into Costly Legal Detours
Vague arbitration clauses over seat, venue, and jurisdiction are causing pre-arbitration court fights, adding delays and up to 20% in costs.
AI adoption widens, but profit payoff lags, McKinsey survey finds
AI use is now widespread in business, but enterprise-level financial gains remain elusive, a new global survey shows.
McDonald's India X Account Hijacked in Bizarre Unpaid Intern Post
McDonald's India's X account was compromised, with posts alleging unpaid wages before a meme claimed it was fake.
SEMICON India 2026 to Spotlight Next Phase of Semiconductor Growth
SEMICON India 2026 will feature a session on the Semicon 2.0 Policy, outlining the next phase of India's semiconductor push.
AgBank to Induct China Tobacco as Strategic Investor via Share Sale
Agricultural Bank of China will issue A-shares privately to China Tobacco and its units, naming them strategic investors.
India's Retail Inflation Likely Accelerated to 4.88% in August
India's August retail inflation is projected at 4.88%, up from July's 4.44%, driven by food and fuel costs.
Oil prices post weekly gains on US-Iran clashes; diesel at record high
Oil prices ended the week higher after renewed US-Iran strikes, while US diesel prices hit a record high amid supply concerns.
IIL Says Seized Rabies Vaccine Vials Not Its Product, Urges Probe
Indian Immunologicals says vials seized in Delhi are not its product and has sought a probe into their source.
TCS Arm to Build 1GW AI Data Centre Campus in Hyderabad
TCS subsidiary HyperVault will develop a 1GW AI data centre campus in Hyderabad with up to Rs 70,000 crore investment.
Adani Defence to Supply Indigenous Ammunition for AK-203 Rifle Programme
Adani Defence signs five-year deal to supply 7.62x39 mm ammunition for AK-203 rifles made by IRRPL in India.
CBI Registers FIR Against Subhash Chandra in Rs 1,322 Crore LIC Housing Loan Fraud
CBI books Subhash Chandra and others for allegedly inflating net worth to get LIC Housing Finance loans, causing Rs 1,322 crore loss.
Auto-component firms outpace OEMs in profit growth; outlook brightens
Auto-component makers beat OEMs in Q1 profit growth. Earnings upgrades are rising, signaling a stronger sector outlook.
GIFT IFSC Raises $54.2 Billion, Poised to Fuel Viksit Bharat Ambitions
GIFT IFSC has mobilised $54.2 billion in overseas funds, positioning itself as a critical platform for global capital as India pursues its Viksit Bharat 2047 vision.