Tata Motors Launches Intra V40 Bi-Fuel Pickup
Tata Motors unveils the Intra V40 pickup with a CNG-petrol bi-fuel powertrain, offering 1,525kg payload, 800km range, and advanced features for efficient last-mile cargo transport.
Category : Business
Gold Duty Hike Sparks Smuggling, Discounts Hit Rs 10 Lakh/kg
India's gold import duty hike to 15% has triggered a smuggling surge, with illicit gold sold at Rs 8-10 lakh/kg discount, creating a wide price gap and echoing 2013 trends.
Common Landing Portal: Find Unclaimed Assets
The Indian government launches a common landing portal to help citizens locate unclaimed financial assets like bank deposits, insurance, and shares. Learn how this platform simplifies the process.
Mister Hair Clinics Unveils 100-Clinic Vision, Opens Franchise
Mister Hair Clinics plans to expand from 16 to 100 clinics by 2031, focusing on tier-2 and tier-3 cities in India, as featured in Outlook Business.
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RBI Dismisses Gold Sale Rumours; Reserves Steady
The Reserve Bank of India refutes reports of selling gold to protect forex reserves, confirming physical gold reserves remain unchanged at 880.52 tonnes.
Affordable Luxury Fastest-Growing Trend in India Fashion Accessories
India's fashion accessories market sees a shift toward affordable luxury, driven by digital adoption and changing consumer preferences among millennials and Gen Z.
RBI Rejects Reports of $12 Billion Gold Sale
RBI refutes claims it sold $12 billion in gold to support the rupee, clarifying that physical gold stock remains unchanged at 880.52 tonnes. PIB also labels the Bloomberg report as fake.
India Must Challenge US Tariff Threats Under Section 301
India should challenge the US proposal to impose a 125% tariff under Section 301 investigations, says GTRI, warning of trade war escalation.
Wipro CEO Pallia Earns Rs 49.6 Crore in FY26
Wipro CEO Srini Pallia's total compensation for FY26 stood at Rs 49.6 crore, including salary, allowances, commission, and long-term incentives, as per the company's annual report.
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RBI Reaffirms Gold Holdings at 880.52 Tonnes
The Reserve Bank of India clarified that its physical gold stock remains at 880.52 tonnes, refuting media reports of a sale. Gold's share in forex reserves rose to 16.85% as of May 22, 2026.
Spice Islands Industries Soars Over 2,000% in 3 Years
Spice Islands Industries has delivered over 2,000% returns in 3 years, driven by Rogers brand revival, EV expansion, and profit growth. The small-cap stock transformed into a diversified business.
RBI Dismisses USD 12 Billion Gold Sale Report as False
The Reserve Bank of India has refuted a report claiming it sold USD 12 billion worth of gold, calling it baseless and misleading. The central bank highlighted its increasing gold reserves.
India Data Center Market Opens $35 Billion Opportunity for Equipment Makers
India's data center industry is set to offer a $35 billion capex opportunity for industrial equipment manufacturers by 2030, driven by rapid digitalization and AI adoption.
TransBnk Unveils First Speaker Lineup for CBNxT'26
TransBnk launches CBNxT'26, a first-of-its-kind corporate banking event in Mumbai, featuring leaders from Yes Bank, HDFC, Standard Chartered, HSBC, and more to discuss AI, treasury, and embedded finance.
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Hangzhou's New Eight Steeds to Lead Tech Innovation
Hangzhou introduces the 'New Eight Steeds,' eight cutting-edge startups focusing on hard tech like smart glasses, chips, and space-based computing, aiming to define the next decade.
IT Stocks TCS Infosys Tech Mahindra HCLTech Tumble
Shares of TCS, Infosys, Tech Mahindra, and HCLTech fell sharply amid a broader market crash on June 3. Check full details on the IT sector decline.
US Proposes Tariffs on India Over Forced Labour Import Concerns
The USTR has proposed additional tariffs of 10-12.5% on imports from India and 53 other economies for failing to enforce forced labour import bans, complicating ongoing BTA talks.
ACB books Bhujanga Rao in disproportionate assets case
The Anti-Corruption Bureau has booked N Bhujanga Rao, an accused in the phone-tapping case, for possessing assets disproportionate to his income. Searches are underway at 13 locations.
Haryana No.1 in SGST Revenue Growth for May 2026
Haryana achieved 22% SGST growth in May 2026, highest among states, with net collections of Rs 4,456 crore, surpassing national average of 6%.
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CKGSB Opens First Permanent Campus in Beijing
Cheung Kong Graduate School of Business opens its first permanent Beijing campus, bridging China's past and future. The 30,000 sqm facility hosts 275 new EMBA students.
Japanese Banks Shift Focus to Southeast Asia, India
Japanese banks are scaling down in China due to rising costs and EV competition, pivoting to Southeast Asia and India, with acquisitions in Indian financial firms.
Yash and Radhika Pandit Invest Rs 24 Crore in Alibag Property
Kannada stars Yash and Radhika Pandit have purchased a premium beachfront property in Alibag for Rs 24 crore, including agricultural land. The deal was registered in May 2026.
Indian Stock Market Crashes Over 1% Amid Iran-US Tensions
Indian benchmarks Sensex and Nifty fell over 1% on Wednesday as Iran-US tensions escalated, crude oil surged, and FII outflows continued, eroding over Rs 3 lakh crore in market cap.
Delhi-Bihar Travel to Get Faster: New Expressway Link
A new expressway link will bypass Lucknow traffic, cutting travel time between Delhi and Bihar significantly. The project is expected to be completed by 2026.
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Workplace Trust Crisis: 47% Consider Leaving Due to Value Gap
A new survey reveals 47% of employees have considered leaving jobs due to a disconnect between corporate promises and reality, highlighting ethical concerns and fear of retaliation.
Stock Markets Tumble, Sensex Tanks 700 Points
Indian stock markets opened sharply lower on Monday, with the Sensex plunging over 700 points and Nifty below 24,000, dragged by IT and banking stocks amid weak global cues.
Rupee Dips 28 Paise to 95.64 vs Dollar in Early Trade
The Indian rupee depreciated 28 paise to 95.64 against the US dollar in early trade on Tuesday, tracking a strong greenback and risk aversion among investors.
Indian markets open lower amid FII outflows, geopolitical concerns
Indian equity benchmarks opened lower on Wednesday, with Sensex and Nifty falling amid continued FII outflows and geopolitical tensions in West Asia. IT stocks were the worst performers.
US Flags India in Section 301 Forced Labour Probe
The USTR has concluded a Section 301 investigation covering 60 countries, including India, for failing to enforce forced labour import prohibitions. The finding comes as a US trade delegation visits India for bilateral trade talks.
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Sensex Nifty Down Over 1%: Factors Behind Market Crash
Indian stock markets plunged over 1% on June 3, 2026, with Sensex and Nifty falling sharply. Here are the key reasons behind the market crash, including global cues and domestic factors.
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