200 Workers are Fired by US Mortgage Giant Fannie Mae, Primarily Associated with Telugu Groups

Allegedly, at least 200 Indian-American workers were let go for working with Telugu groups to misuse Fannie Mae's matching grants programme.

Planck Raises $500K in Ongoing $4M Pre-Seed Round to Boost Edge Data Centre Growth in India

Planck, an innovative digital infrastructure startup focused on next-generation data centre solutions, has successfully raised $500K in its ongoing pre-Seed funding round, at a valuation of INR 30 crore. The round is led by Saarthee Actionable Insights, a US-based analytics firm, which will also bring strategic collaboration to accelerate Planck’

In Trade Negotiations, India Thinking of Eliminating Import Tariff on US LPG and Ethane

This move is intended to increase fuel imports from the US and is consistent with India's plan to remove import duties on US liquefied natural gas (LNG).

Tide Launches GST, Udyam Registration & Scheme Discovery Report Solutions for SMEs in Partnership with eMSME

It will help unlock government benefits for MSMEs on the Tide platform through easy digital registration. * Aims to accelerate formalisation for MSMEs on its platform * Improve access to credit and incentives from over 800 government schemes * Bridge the awareness gap in MSME funding and compliance Tide in India, a leading

Livguard Powers the Future of Modern Homes with All-in-One Solar 360 Solution

The definition of a modern home is changing, and so are its energy needs. Livguard Solar 360 rises to meet these expectations with a solar solution engineered for efficiency, intelligence, and durability. With Akshay Kumar lending his voice to this powerful campaign, Livguard sends a clear message: the future of

Hindustan Unilever Faces Legal Action from Mamaearth Parent Over Lakme Advertisement

A recent Lakme campaign called "SPF Lie Detector Test" unfairly criticises rival goods, including one that closely resembles a sunscreen from The Derma Co, another Honasa brand, according to a case filed before the Delhi High Court by Honasa.

Vineeta Singh-Backed Good Monk Raises $2 Million to Sneak Nutrition into India’s Daily Diet

Good Monk, the flagship brand of Superfoods Valley, a Bengaluru-based startup, raised $2 million in a Pre-Series A funding round led by RPSG Capital Ventures, and saw participation from existing investors Multiply Ventures, Sharrp Ventures and ThinKuvate. The latest backing by RPSG Capital Ventures marks a significant milestone in the

That Sassy Thing Raises INR 6 Crore, Led by IPV to Revolutionise Women’s Wellness

* India’s first women-first sexual wellness brand offering stigma-free, pleasure-positive intimate products and comprehensive sex education. * Funds will be used to expand product offerings, strengthen content and brand positioning, and scale distribution across new channels. * Their Sex Ed Masterclass on healing from sexual trauma won the prestigious UN Laadli Media

Vijay Shekhar Sharma Gives Up 2.1 Crore Paytm Shares Valued at INR 1,800 Crore

This action came months after the Securities and Exchange Board of India (SEBI) had sent him show-cause notices for breaking the rules governing the granting of share-based employee benefits.

Fed Chief Warns Tariffs Will Slow Growth and Raise Consumer Prices

Jerome Powell, the Chair of the Federal Reserve, has a clear and cutting warning regarding the new wave of tariffs from the Trump administration: The economic fallout could be more severe than many expect. In an appearance before the Economic Club of Chicago, Powell said that the actual scale of

Zuckerberg Tried to Sidestep Antitrust Trial with $450 Million Settlement, Claims Report

Just days before its landmark antitrust trial began, Meta tried to settle the case by making a USD 450 million offer, a move that was led personally by CEO Mark Zuckerberg. Reports say that Zuckerberg contacted Federal Trade Commission (FTC) Chairman Andrew Ferguson in late March with the offer. However,

Trump's Export Curbs Hit Nvidia, AMD as AI Chip Sector Reels

The semiconductor sector faced a sharp pullback on Wednesday after the U.S. imposed new export restrictions on advanced artificial intelligence (AI) chips, and the leading chipmakers Nvidia and AMD bore the brunt of the action. Nvidia's stock tumbled 6.9% after it disclosed a USD 5.5

India to Grow at 6.5% in 2025, Retains Lead as Fastest-Growing Major Economy

The latest UNCTAD report sees India positioned to remain the fastest-growing major economy in 2025. It sees India growing by 6.5% in 2025, continuing from about 6.9% in 2024. But UNCTAD sees the global economy struggling with growth and only managing to generate a paltry 2.3% in

Market Trading: 5 Stocks to Watch Today Based on Technical Breakouts

The Indian equity market on Wednesday continued its winning streak, for the third day in a row, propelled by a rally in the BFSI and FMCG sectors. The BSE Sensex surged 309.40 points to close at 77,044.29, while the Nifty increased with more ease, tacking on 108.

Nothing Before Coffee Brews $2.3 Million to Stir Tier-II Growth, Eyes 150+ Stores by FY26

India’s dynamic and fast-growing QSR coffee chain, Nothing Before Coffee (NBC), has raised $2.3 million in a Pre-Series A funding round led by Prath Ventures. The round also saw participation from SYL Investments. This marks a major milestone in NBC’s journey as it continues to redefine India’

MS Dhoni-Backed Garuda Aerospace Secures INR 100 Crore at $250 Million Valuation

Garuda Aerospace, India’s most valuable drone startup, has successfully raised INR 100 crores in its Series B funding round from Venture Catalysts (VCAT) at a valuation of $250 million. This strategic infusion of capital marks a major milestone in Garuda Aerospace’s mission to bolster indigenous drone manufacturing and

US-China Trade War Escalates as Beijing Halts Boeing Jet Deliveries

In a clear uptick in trade tensions, China has told its domestic airlines to stop receiving new planes from the U.S. aerospace giant Boeing. This order, as reported by Bloomberg News and our sources close to the situation, seems to be a direct answer to the recent tariff hikes

India Becomes First Global Market to Recover from Trump Tariff Shock

On Tuesday, India's equity markets surged, marking a remarkable recovery as trading resumed after an extended weekend. The NSE Nifty 50 Index rose 2.4% and is currently above where it was earlier this month. This brings it to a place where it's not just recovering

India’s Retail Inflation Hits 5-Year Low, Paving Way for Further Rate Cuts

In March, India recorded a significant drop in its retail inflation. It zoomed all the way down to its lowest point since August 2019. The country's annual Consumer Price Index (CPI) now reports a number of 3.34%. That is well below the market's forecast of

Gensol Promoters Accused of Fund Diversion for Personal Gain

The swift action taken by the Securities and Exchange Board of India (SEBI) against Gensol Engineering Ltd has led to a ban on the company and its promoter directors from engaging in the securities market. The ruling affects Anmol Singh Jaggi and Puneet Singh Jaggi, who headed the firm until

Gupshup Lays Off 500 Employees Amid Profit Push

AI platform Gupshup has axed close to 500 people over the past five months in what it claims is an effort to boost profitability and streamline operations. About 200 were cut off earlier this month, following a larger chop of 300 in December 2024.  The rapidly growing company that achieved

New UPI Regulation: Govt. Plans to Implement GST on Transactions Over INR 2,000

Since UPI is now widely used in daily life, from paid professionals to street vendors, people across the country are alarmed by this proposed change. If put into effect, this new UPI rule would significantly impair regular digital payments.

Confirmation of May Layoffs at Goldman Sachs with an Average Severance Pay of $80,000

As it was previously reported in the media, Goldman plans to reduce its workforce by 3-4% in Q2, which translates to approximately 1,900 job losses. According to reports, Goldman is urging other VPs and managing directors (MDs) to relocate to less expensive areas like Salt Lake City.