India’s Standard Chartered has cut its branch network to 80 from 100 as it shifts focus to advisory-led and wealth management services. The British institution intends to develop its priority banking hubs and enhance its affluent, SME and wealth businesses.
Nagpur Police have booked Rapido founders Rishikesh S R, Pavan Guntupalli and Aravind Sanka for allegedly running petrol-powered bike taxi services without official nod in Maharashtra. The case was registered after a crackdown by the RTO for violations of the Motor Vehicles Act.
Gold and silver rates in India remain unchanged today, 5 July 2026, with 24K gold holding at ₹1,47,840 per 10 grams and silver flat at ₹2,37,680 per kilogram. Both MCX and bullion markets are shut for the Sunday weekend. Check city-wise rates and this week's price trend inside.
Toyota Kirloskar Motor has explained that the issue displayed in the viral video involving an Innova Hycross was due to the petrol being polluted and not because of E20 fuel. The business said the Hycross is completely developed and certified for E20 petrol.
Gold and silver prices in India are unchanged today compared to Friday's close, as both the bullion market and MCX remain shut for the weekend. While there is no fresh movement today, both metals are still holding on to sharp gains made earlier in the week. Gold and
Centre to call Meta amid accusations Instagram used advertising promoting child sexual abuse material (CSAM) Minister for IT, Ashwini Vaishnaw, has asked MeitY officials to seek an explanation from the firm on the presence of such content on its platform.
Fintech dominated the day's business news, with lending unicorn Moneyview clearing SEBI's final hurdle for its IPO and supply chain financier Mynd Fintech acquiring C2FO India. On the funding side, the day was quiet, with a single disclosed round in the fragrance and lifestyle segment. Culture-led
India has given a two-year exemption to four Chinese-linked power equipment manufacturers – TBEA Energy, Nanjing Electric India, New Northeast Electric India and Taikai Electric (India) – to bid for major government power transmission projects.
Reports of misuse of Chinese applications BAT BMS and Epoch Li-ion to remotely disable e-rickshaws in Delhi led the Centre to direct their removal from Google Play and Apple’s App Store. Bluetooth-enabled battery management apps can shut down lithium-ion batteries.
Microsoft has announced the formation of Microsoft Frontier Company, a new operational entity supported by a $2.5 billion investment that will assist companies adopt AI solutions suited to their needs. The company will collaborate with big clients including Unilever and Novo Nordisk.
Gold price today, 3 July 2026: 24K gold jumped 1.57% to ₹1,48,460 per 10g and silver surged 2.31% to ₹2,38,730 per kg after weak US jobs data reduced fears of a Fed rate hike. Check city wise rates and MCX data.
Parle Products, which owns brands like Parle-G, Monaco, KrackJack and Melody, is reportedly planning a $1 billion (INR 9,530 crore) IPO that could value the company at over $10.5 billion (INR 1 lakh crore). The Mumbai-based FMCG major has brought on board top investment banks.
Resilience Actions, the social and environmental impact initiative of Re (Re Sustainability), has launched ECOHUB, a sustainability-focused incubator designed to support early-stage enterprises working in climate and clean-tech, pollution management, resource efficiency, circular economy, and sustainability innovation. The initiative is aimed at startups that have progressed beyond the ideation stage
HCLTech has won a $1.14 billion AI-led transformation agreement from a Fortune Global 50 company headquartered in Europe, one of the largest transactions disclosed by an Indian IT services company so far this year.
ITC has launched a premium sugar-free drink under its B Natural brand in India’s cola segment, adding to the competition in the carbonated drinks segment. As consumers look for healthier choices, the company is focusing on the fast-growing segment of drinks with no or minimal sugar.
Former PepsiCo Chairman and CEO Indra Nooyi has set off a nationwide debate after saying that America's meritocratic system was the only reason she could rise to lead one of the world's largest companies, adding that it could not have happened in any other country, including
Google lost its last-ditch appeal against the European Union’s €4.1 billion ($4.7 billion) antitrust penalties, with the European Court of Justice confirming the penalty for anti-competitive actions relating to Android.
Capital on 2 July 2026 favoured climate tech, eldercare and specialty chemicals, with five startup rounds tracked. Battery recycler BatX Energies led the day with a ₹105 crore Series A, while eldercare firm Age Care Labs closed the first tranche of its Series B at ₹85 crore. In IPO news,
Standard Chartered has completed India’s first cross-border payment in a record time of 37 seconds through Swift’s new retail payments service, marking a significant milestone in international remittances. The transaction was completed in near real-time with end-to-end tracking.
Carlsberg has filed draft documents with the market regulator for an IPO of its India business, intending to generate as much as $700 million (about 6,600 crore) through a possible secondary share sale later this year. The Danish brewer is collaborating with top investment banks for the sale.
The Ministry of Labour and Employment has notified the Employees’ Provident Fund (EPF) Scheme, 2026, replacing the EPF Scheme, 1952, which is six decades old, under the Code on Social Security, 2020.
Gold price today, 2 July 2026: 24K gold rose 1.30% to ₹1,44,810 per 10g and silver climbed 0.77% to ₹2,30,530 per kg on short covering. Check city wise rates and MCX data.
ZEE has approved a capital infusion of Rs 3,143.52 crore through preferential sale of fully convertible warrants to promoter group firm Sunbright Mauritius Investments Ltd. The warrants are priced at INR 126 apiece and are convertible into equity shares within 18 months.