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Category: Business

Public Sector Banks, Insurers Told to Curb Spending and Promote EV Adoption
Business

Public Sector Banks, Insurers Told to Curb Spending and Promote EV Adoption

riya EditorMay 18, 2026

Ministry of Finance has directed state-run banks, insurers, and financial institutions across India to implement a series of cost-cutting measures, including restrictions on travel and a gradual shift toward electric…

Maruti Suzuki Starts Commercial Production at Second Kharkhoda Plant in Haryana
Business

Maruti Suzuki Starts Commercial Production at Second Kharkhoda Plant in Haryana

nanika EditorMay 18, 2026

India’s largest carmaker, Maruti Suzuki India Limited (MSIL), officially announced the commencement of commercial production at the second plant of its mega manufacturing facility in Kharkhoda, Haryana. This strategic expansion…

Oil Price and Global Bond Yield Rise Indian Rupee Hits Another All-time Low
Business

Oil Price and Global Bond Yield Rise Indian Rupee Hits Another All-time Low

anuprova EditorMay 18, 2026

The Indian rupee tumbled to a fresh record low on Monday, hit by a double whammy of rising global bond yields and higher crude oil prices. The toxic mix has…

TCS Expands AI Push as Industry Enters New Growth Phase
Business

TCS Expands AI Push as Industry Enters New Growth Phase

riya EditorMay 16, 2026

Tata Consultancy Services Chairman Natarajan Chandrasekaran has said that generative AI and agentic AI are entering a transformative phase where artificial intelligence is becoming the “infrastructure of intelligence” for businesses…

UK Steel Import Restrictions Delay India-UK Trade Pact Implementation
Business

UK Steel Import Restrictions Delay India-UK Trade Pact Implementation

anuprova EditorMay 16, 2026

The planned launch of the India-United Kingdom Comprehensive Economic and Trade Agreement (CETA) has faced an unforeseen hurdle with London introducing new protectionist steel safeguard measures. Both countries signed the…

Massive OpenAI Shake-Up Puts More Responsibility on Greg Brockman
Business

Massive OpenAI Shake-Up Puts More Responsibility on Greg Brockman

riya EditorMay 16, 2026

OpenAI has reportedly initiated a major internal reorganisation as the company continues to face legal scrutiny from co-founder Elon Musk over its transition away from its original non-profit mission. The…

Polycab strengthens East India supply chain with new Siliguri depot
Business

Polycab strengthens East India supply chain with new Siliguri depot

Business BureauMay 16, 2026May 22, 2026

Polycab India Limited, India’s No.1 wires and cables company, has expanded its distribution infrastructure in eastern India with the launch of a new Quick Service Depot in Siliguri, aimed at…

Motorola bets big on India’s premium foldable market with AI-powered razr fold and bose-backed buds
Business

Motorola bets big on India’s premium foldable market with AI-powered razr fold and bose-backed buds

Business BureauMay 15, 2026May 21, 2026

Motorola has entered India’s premium foldable smartphone segment with the launch of the motorola razr fold, featuring what the company claims is the world’s best foldable camera system recognised with…

Electronics Giant Kaynes Technology Reports 21.5% Dip in Quarterly Profits
Business

Electronics Giant Kaynes Technology Reports 21.5% Dip in Quarterly Profits

nanika EditorMay 14, 2026

Mysuru-based electronics system design and manufacturing firm, Kaynes Technology, faced a challenging day on the bourses after reporting a significant 21.5% drop in net profit for the fourth quarter. Despite…

Rupee Plummets to 95.85 Against US Dollar, Touches Record Low
Business

Rupee Plummets to 95.85 Against US Dollar, Touches Record Low

anuprova EditorMay 14, 2026

The Indian Rupee saw heavy selling pressure in recent trade and fell to a new all time low of 95.85 against the US Dollar, inching closer to the psychological 96-mark.…

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