Business

US hedge fund Jane Street has deposited Rs 4,843.57 crore in an escrow account in compliance with Sebi's interim order. It has now requested that certain market restrictions be lifted. Sebi is currently examining the plea as part of due process

An Indian delegation has reached Washington to hold a fresh round of talks on the Bilateral Trade Agreement (BTA) with the US, focusing on agriculture, automobiles, and tariffs. The four-day discussions are expected to shape a potential interim deal

Ola Electric reported a Q1 FY26 net loss of ₹428 crore as revenue fell nearly 50% YoY to ₹828 crore. E-scooter deliveries dropped sharply, and share prices continue to slump amid rising losses and operational consolidation efforts

Sensex and Nifty fell in early trade Monday, dragged down by IT stocks and continued FII outflows. Investors await clarity on the US-India trade deal, with hopes that a resolution could revive market sentiment. Global cues remained mixed.

Bitcoin surged past $1,21,000 for the first time, driven by institutional demand, ETF inflows, and macroeconomic factors. Ethereum also rose. Experts cite regulatory clarity, tokenization progress, and US policy support as key drivers of this sustained crypto market rally

The rupee slipped 17 paise to 85.97 against the US dollar on Monday due to a strong greenback and FII outflows. Market sentiment was also weighed by uncertainty over US tariffs, even as India remains exempt for now.

Immortalising the dead through code risks short-circuiting the fragile, necessary process of grief

India has relaxed mandatory FGD installation at most coal power plants, limiting it to areas near large cities or pollution hotspots. The move, based on scientific studies, aims to cut electricity costs while maintaining air quality through targeted, evidence-driven regulation

BITS Pilani will invest over Rs 2,200 crore in a five-year expansion, including a futuristic AI+ Campus in Amaravati. The initiatives aim to increase student capacity, enhance research, and launch digital education programs to reach over 1 lakh learners

Vedanta Ltd nearly quadrupled its political donations to the BJP to ₹97 crore in FY25, while slashing funds to Congress. Total political contributions rose to ₹157 crore, as per its annual report, alongside a rise in brand and management fees

India is enhancing port infrastructure to support larger vessels and boost transshipment capacity. With ports like Vadhavan and Galathea Bay under development, the government aims to reduce dependence on foreign hubs and position India as a major transshipment center

Visakhapatnam will host the second BIMSTEC Ports Conclave on July 14–15. Focusing on the blue economy, green energy, and regional trade, the event will bring together BIMSTEC nations to boost maritime cooperation, investment, innovation, and sustainable connectivity

US President Donald Trump made the remarks even as countries strive to reach deals with the US to avoid or minimise the impact of steep “reciprocal” tariffs that are set to take effect on August 1

Samsung has launched its 'Samsung Days Sale' from July 12 to 18, offering major discounts on AI-powered smartphones, TVs, laptops, and home appliances. The sale is live on Samsung.com, the Shop App, and Experience Stores with exclusive exchange and cashback deals.

NHAI has tightened its rules against 'loose FASTags'—FASTags not affixed to vehicles—to improve toll collection and avoid congestion. Toll agencies must now report such cases for blacklisting to support smooth operations ahead of MLFF and annual pass rollouts

SEMICON India 2025, set for September 2–4 in Delhi, will spotlight India’s semiconductor ambitions. With global pavilions, CXO panels, startup showcases, and skill-building programmes, the event aims to position India as a trusted hub in chip innovation and manufacturing

The rupee fell 19 paise to 85.89 against the US dollar after Donald Trump proposed steep tariffs on Canadian imports. Market jitters followed, capping rupee strength. India-US trade talks continue, with efforts to finalise the first phase by October.

Sensex and Nifty fell sharply on Friday, led by declines in IT stocks after TCS posted muted revenue growth in its Q1 FY26 results. Despite a 6% profit rise, weak market sentiment and global cues kept investor optimism in check.

Elon Musk’s Tesla is set to open its first Indian showroom in Mumbai on July 15, while Starlink prepares for its India launch. Tesla plans to sell electric vehicles without local manufacturing, leasing multiple properties for sales and service operations

India has revised its WTO proposal to impose retaliatory duties on US goods after the US hiked tariffs on steel and aluminium to 50 per cent

The government is likely to compensate state-run oil firms — IOC, BPCL, and HPCL — with Rs 30,000–35,000 crore for LPG under-recoveries over the last 15 months. The compensation may be funded through additional revenue from the recent excise duty hike

The announcement came during the Galaxy Unpacked event where the company unveiled the Galaxy Z Fold 7 and Flip 7

GHIAL has acquired a 70 percent stake in ESR GMR Logistics Park Private Limited, making it a fully owned subsidiary. This strategic move supports GHAL’s Airport Land Development strategy and strengthens Hyderabad’s position as a key logistics hub.

A team from India’s Commerce Ministry is set to visit Washington for trade negotiations with the US. Talks aim to resolve tariff disputes on key sectors like dairy, autos, and steel as both nations work toward a bilateral trade pact