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RBI MPC minutes: ‘Energy prices unlikely to return to pre-conflict levels,’ says economist Saugata Bhattacharya

The Reserve Bank of India’s Monetary Policy Committee (MPC) unanimously kept the repo rate unchanged at 5.25% with a neutral stance at its June 2026…

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India’s forex reserves fall $9.99 billion to $671.63 billion as of June 12

India’s foreign exchange reserves fell by $9.99 billion to $671.63 billion in the week ended June 12, 2026, according to data released by the Reserve…

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Evening in Seoul’s high-end Apgujeong neighborhood.
Posted in Business

Crazy Rich Returns Lure Cabbies and Even Kids to Red-Hot Asian Markets

SEOUL—Na Se-bin has lost all sense of the value of money. Evening in Seoul’s high-end Apgujeong neighborhood. Since January, she has poured nearly all her…

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Ministry of Petroleum and Natural Gas approves Rs150 Cr assistance for India’s first private hybrid 2G ethanol project in UP

In a significant step towards India’s circular bioeconomy, the Ministry of Petroleum and Natural Gas (MoPNG), under the PM JI-VAN Yojana, has approved financial assistance…

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Alphabet Chief Executive Sundar Pichai
Posted in Business

Google Is Using Nvidia’s Playbook to Build a Rival AI Chip Business

Google is making an ambitious play for a bigger slice of the 21st century’s most important market: the chips that power artificial intelligence. Its financial…

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India initiates anti-dumping probe against a Chinese, Japanese chemical used in tyre, rubber items

New Delhi: India has initiated an anti-dumping probe against imports of a chemical, used in tyre and rubber products, from China and Japan, a commerce…

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India-UK FTA more than just about trade: Foreign Secretary Vikram Misri

Paris: The India-UK Free Trade Agreement (FTA) goes beyond just trade and technology to open many doors for the people in both countries, Foreign Secretary…

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Plans to list Jio Platforms Ltd had been in the works for some time now. (AFP)
Posted in Business

Jio IPO to be filed with SEBI today, says Mukesh Ambani

Reliance Industries Limited Chairman and Managing Director Mukesh Ambani has announced that the board of Jio Platforms has approved an IPO document and will be…

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Microsoft’s Fairwater AI datacenter in Atlanta (Official photo)
Posted in Business

The AI data centre paradox: Can India’s natural resources keep up?

There’s a recent thread that holds together San Francisco, Vancouver, Tucson, Santiago, Dublin, London, Johor, Batam and the Indian port city of Visakhapatnam, also called…

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Ericsson India underlines that 5G adoption is being accelerated not just by affordable smartphones but also a continued rollout of 5G FWA services. (AFP)
Posted in Business

Wired Wisdom: Ericsson’s 5G data, Apple’s AI agents, and foldable phone market

Opening thought. This week, the latest Ericsson Mobility Report arrived. The headline estimates are that India’s 5G subscriptions are expected to breach the 1.1 billion…

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