Johnson & Johnson has agreed to a $5.5 billion settlement that will address over 76,000 cases claiming that its talc-based products caused ovarian cancer, a major step toward concluding a decade-long court struggle. The deal covers most outstanding claims, with payments starting in 2027.
The Indian government has authorised RBI’s plan to begin field trials of one billion polymer INR 10 and INR 20 banknotes, which will lead to their regular issue if the trials are successful. Polymer notes are projected to be more durable and resistant to weather.
The FSSAI does not recognise the phrase ‘energy drink’ as a permitted category. India has ordered Pepsi, Red Bull, Monster, Reliance and Hell Energy to remove the term ‘energy drink’ from product labels within 90 days.
Mobility and logistics led the day's dealflow, with two rounds totalling about ₹115 crore. Omega Seiki Mobility raised ₹50 crore. On the news front, IPO-bound PhonePe reported a widened FY26 net loss of ₹2,792 crore, and the Bombay High Court allowed Union minister Nitin Gadkari to sue
India's digital economy has transformed the way consumers save, invest, transact, and borrow. Over the past decade, digital payments have moved from being an emerging convenience to becoming an integral part of daily financial activity. Unified Payments Interface (UPI) transactions, mobile banking platforms, digital wallets, and online financial
Nvidia is allegedly in talks to give a $250 billion financial assurance for OpenAI’s mammoth AI data center project in Ohio, perhaps one of the largest AI infrastructure finance deals on record. The initiative, which would include Nvidia AI chips, may cost more than $500 billion in total.
Flying Flea has increased its dealer network in Bengaluru from one to 11, boosting its retail and service presence before a broader roll-out across India. The electric motorcycle manufacturer has opened six dealerships with five more to open in early August.
The new CBDT standards under the Income Tax Act have boosted crypto tax compliance in India, moving the country closer to the OECD’s Crypto-Asset Reporting Framework (CARF). The laws do not introduce new taxes, but rather increase tax reporting obligations.
Gold and silver rates today in India, 27 July 2026: 24K gold rose 0.65% to ₹1,44,710 per 10g and silver jumped 0.85% to ₹2,24,770 per kg as Comex gold climbed above $4,100. Both metals now above their month ago levels. Check city wise gold and silver rate today and MCX data.a
Bank of Baroda is investigating claims of a 1TB data breach posted on the dark web, allegedly containing sensitive customer information, including Aadhaar numbers, loan records and banking documents. Cybersecurity specialists raised the alarm.
NVIDIA to spend $1 billion in NAVER to grow South Korea’s AI infrastructure and boost the capacity of the GAK Sejong AI data centre to 200 MW by 2028. The collaboration will leverage NVIDIA’s high-end Blackwell and Vera Rubin GPU platforms.
A CAG audit has detected a loss of INR 12.86 crore to West Bengal Industrial Development Corporation (WBIDC) on account of allotment of land to Flipkart’s logistics subsidiary, Instakart Services, at Haringhata Industrial Park. Audit discovered that WBIDC miscalculated land price.
Gold and silver rates in India are steady today, 26 July 2026, with 24K gold at ₹1,43,760 per 10 grams and silver at ₹2,22,850 per kilogram. Both metals remain up strongly for the week as MCX stays shut for the weekend. Check city-wise rates and this week's price trend inside.
Gold and silver rates in India are steady today, 25 July 2026, with 24K gold at ₹1,43,750 per 10 grams and silver at ₹2,22,830 per kilogram. Both metals are up strongly for the week as MCX stays shut for the weekend. Check city-wise rates and this week's price trend inside.
HCLTech has signed an MoU with Odisha Government and Sarvam for setting up of Global Technology Center and AI Data Center at Odisha Sovereign AI Park in Bhubaneswar. The initiative is projected to produce 5,000 jobs and bolster India’s sovereign AI ecosystem and is likely to be operational by 2028.
There were no fresh startup funding rounds to report on 24 July 2026, with the day led instead by strategic and policy moves. HCLTech signed an MoU to build a ₹14,257 crore (~$1.5 billion) AI data centre in Odisha alongside Sarvam AI. Flipkart confirmed it will enter food
Flipkart to launch trial for online meal delivery in India, stepping up competition with Swiggy, Zomato. Backed by Walmart, Flipkart is part of ONDC’s network and is hoping to differentiate with better selection, service, reliability and customer experience rather than price.
Smaller UPI apps have approached the National Payments Corporation of India (NPCI) to reconsider its planned UPI Meta architecture, cautioning that it could lead to increased dominance of PhonePe and Google Pay and stifle competition.
Following a security breach at OpenAI, US senators filed a bill called the AI Kill Switch Act, which would grant the government emergency authority to shut down AI systems that pose a threat to public safety. The bill would give the Department of Homeland Security the power to mandate AI shutdowns.
Gold and silver rate today in India, 24 July 2026: 24K gold held nearly flat at ₹1,43,270 per 10g while silver rose 0.71% to ₹2,21,310 per kg. Both metals end the week positively after a strong recovery from July lows. Check city wise gold and silver rate today and MCX data.
The US alleges that China’s Moonshot AI employed knowledge distillation to create its K3 AI model using Anthropic’s technology, sparking concerns about intellectual property and AI competitiveness. China has strongly denied the allegations.
The Indian government has reduced FDI regulations to allow inventory based e-commerce for exports, enabling foreign backed enterprises to sell Indian created products directly in global marketplaces. The policy intends to enhance exports, provide more chances for the manufacturers in India.
The European Union has fined Google €890 million ($1 billion) under the Digital Markets Act (DMA) for allegedly giving preferential treatment to its own services in search results and restricting app developers on the Google Play Store.