News / Business
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BusinessNepal exports $39 million worth of electricity to India a month after flash floods
Nepal has also resumed 40 MW power exports to Bangladesh and plans to enable private firms to trade electricity across borders.
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BusinessFive companies to launch IPOs next week, aim to raise nearly Rs 2,600 crore
Five companies, including EAAA India Alternatives, SFC Environmental Technologies and M K Sons Fine Jewels, will launch IPOs between October 26 and 29, seeking to raise nearly Rs 2,600 crore.
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BusinessChina's Moonshot AI unveils 3-trillion-parameter Kimi K3.1 Pro
The open-weight AI model features a 1-million-token context window, with full model weights scheduled for release by November 4.
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BusinessUnion minister Piyush Goyal slams EU, wealthy nations over climate finance pledges
The Commerce Minister accused developed countries of failing to deliver promised climate funding to the Global South.
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BusinessJaishankar says India-US trade deal in final stretch, Trump calls pact ‘pretty close’
Jaishankar said negotiating teams were working through the final challenges but cautioned that the agreement was not complete until formally concluded.
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BusinessMeta plans non-voting shares as AI investment pushes spending higher
The Facebook and Instagram owner raised its annual capital expenditure outlook to $135 billion-$145 billion.
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BusinessWall Street edges higher as SpaceX, AI stocks rally on strong earnings
SpaceX and Super Micro Computer gained on stronger earnings and AI demand, while Netflix and AT&T fell despite beating quarterly profit estimates.
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BusinessAsia accounts for two-thirds of global growth as AI boom boosts regional economies, IMF says
The IMF says rising demand for advanced chips, technology exports and data centres is supporting investment across Asian economies.
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BusinessCongress alleges SBI failed to detect dark web exposure of customer records
The bank said customer balances remain safe and its operations are unaffected, while the Congress questioned its breach detection and customer accountability, demanding answers from SBI.
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BusinessJio Platforms IPO draws bids worth over Rs 50,000 crore after record 100-minute sellout
Institutional investors drove demand for the Rs 30,213-crore issue, while the retail portion remained undersubscribed on the opening day.
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BusinessSBI flags 3,897 customer records in suspected dark web data exposure
The bank identified personal information, including mobile numbers, email and residential addresses, in a preliminary analysis of 3.75 lakh records and has launched a detailed cybersecurity investigation.
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BusinessUS and India are 'pretty close' to a trade deal says President Trump
Trump’s remarks came at a time when Secretary of State Marco Rubio was visiting India and discussed further strengthening bilateral relations.
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BusinessAkash Ambani takes centre stage as Jio gears up for record-breaking market debut
Akash Ambani is leading Jio Platforms' investor outreach ahead of its Rs 30,213-crore IPO, drawing on Reliance's Gujarati roots and Dhirubhai Ambani's legacy.
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BusinessIndia-New Zealand FTA comes into force, offers zero-duty access for Indian goods
The pact offers Indian students post-study work visas and creates pathways for up to 5,000 skilled professionals, while targeting $20 billion in New Zealand investment over 15 years.
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BusinessIndia flags UN's unpaid assessments, says over 90% of regular budget dues owed by one country
Adhana delivered India’s national statement at the 81st Main Session of the Fifth Committee of the UN General Assembly on ‘Improving the financial situation of the United Nations’.
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BusinessUS-India trade deal close to finalisation: Rubio
Marco Rubio suggested that the waiver from tariffs for buying Russian oil was linked to the decision to try to finalise the trade deal between the two countries.
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BusinessIndia-New Zealand FTA to give 100% of Indian exports duty-free access from October 20
The trade pact also provides for $20 billion in investment from New Zealand over 15 years and excludes sensitive sectors such as dairy and onions.
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BusinessRefineries running on Russian crude ship €1 billion in oil products to sanctioning countries
Reliance Industries’ Jamnagar refinery accounted for six of seven cargoes unloaded at EU ports in September, despite the bloc’s ban on fuel refined from Russian crude.
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BusinessFPIs pull out Rs 52,100 crore from Indian equities in October so far
Elevated crude oil prices, rising US bond yields and a stronger dollar have weighed on investor sentiment, taking cumulative foreign portfolio investor outflows from Indian equities in 2026 to Rs 3.12 lakh crore.
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BusinessStarlink says ready to launch high-speed internet services in India
Starlink says it has worked with Indian regulators for more than five years and secured the required government approvals.
