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INDIA NEWS | Thu, 2 Jul 2026, 10:48PM IST Under the old scheme, the Employees' Provident Funds Scheme 1952, the wage ceiling, which is 15,000 per month at present, was relevant at the time of joining a firm for providing the employee with mandatory social security cover.

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INDIA MARKET | Thu, 2 Jul 2026, 10:26PM IST Chip stocks experienced a significant downturn, with major AI rally leaders seeing sharp profit-taking after a record quarter. The VanEck Semiconductor ETF plunged over 5%, led by Micron, Intel, and AMD. Concerns over potential AI computing oversupply, fueled by Meta's plans, prompted investors to re-evaluate lofty valuations. Despite the sell-off, some remain optimistic about AI-focused tech giants.

Continue reading at Economic Times

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INDIA MARKET | Thu, 2 Jul 2026, 10:20PM IST Minions & Monsters is available in English, Hindi, Tamil and Telugu across 2D, IMAX 2D, Dolby Cinema and ICE 3D formats.

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INDIA MARKET | Thu, 2 Jul 2026, 10:19PM IST Major automotive-grade EVs are not vulnerable to BAT BMS.

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INDIA BUSINESS | Thu, 2 Jul 2026, 10:17PM IST Appointment bolsters the Walmart-owned e-commerce company's technology leadership as it expands AI and logistics capabilities

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INDIA BUSINESS | Thu, 2 Jul 2026, 10:10PM IST Aviation regulator DGCA is poised to form a committee to review pilot flight duty norms for chartered flights following a request from the Business Aircraft Operators Association (BAOA). The association seeks relaxations, including aligning long-range business jet rules with global standards and extending Extended Diversion Time Operations (EDTO) from 90 to 120 minutes. These proposed changes aim to enhance operational flexibility and safety for business aviation.

Continue reading at Economic Times

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INDIA MARKET | Thu, 2 Jul 2026, 10:08PM IST Avenue Supermarts plans to fundraise via debt securities on July 11.

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INDIA BUSINESS | Thu, 2 Jul 2026, 10:08PM IST Bhubaneswar-headquartered GovTech company lists after a successful IPO, with proceeds earmarked for working capital, debt repayment and strategic expansion

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INDIA BUSINESS | Thu, 2 Jul 2026, 10:06PM IST India's burgeoning solar power sector is a significant driver for global climate action, according to Renewables Norway CEO Bard Vegar Solhjell. He highlighted India's potential to become a major exporter of solar components to Europe if it develops its manufacturing capabilities.

Continue reading at Economic Times

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INDIA MARKET | Thu, 2 Jul 2026, 10:02PM IST Following the transaction, BPRL Ventures BV's shareholding in IBV Brasil Petroleo has increased to 100% from 60.86%.

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INDIA MARKET | Thu, 2 Jul 2026, 10:00PM IST Cristiano Ronaldo and Luka Modric will be in focus in the Round of 32 match of FIFA World Cup 2026.

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INDIA BUSINESS | Thu, 2 Jul 2026, 9:59PM IST Tata Power Solaroof has launched 'Ghar Ghar Solar' in Punjab, aiming to equip one lakh households with rooftop solar and battery systems over three years. This initiative, supported by accessible financing and community programs like 'Mera Gaon, Mera Solar', seeks to boost clean energy adoption. The campaign aligns with government subsidies, making solar power more affordable and promoting self-reliant energy solutions across the state.

Continue reading at Economic Times

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INDIA BUSINESS | Thu, 2 Jul 2026, 9:52PM IST Insolvency proceedings against Chintamani's Jewellery Arcade have been revived by the NCLAT after Axis Bank filed a restoration application. The tribunal found the company in material and continuing breach of court-recorded settlement terms, failing to adhere to its repayment schedule. This decision reinstates the corporate insolvency resolution process against the Mumbai-based firm before the NCLT.

Continue reading at Economic Times

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INDIA BUSINESS | Thu, 2 Jul 2026, 9:49PM IST DMart operator's standalone revenue rose to Rs 18,343.49 crore in the June quarter; board to consider raising funds through debt securities on July 11

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INDIA MARKET | Thu, 2 Jul 2026, 9:46PM IST Microsoft has invested tens of billions of dollars in constructing data centres that use generative AI models.

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INDIA BUSINESS | Thu, 2 Jul 2026, 9:43PM IST Former PepsiCo chief Indra Nooyi credits the US' "meritocratic" system for her success, stating she couldn't have reached CEO status in any other nation, including India. She emphasised how the US commercializes global innovations, allowing immigrants to rise. Nooyi urged her daughters to cherish these opportunities and preserve the nation's spirit, highlighting the system's focus on talent over background.

Continue reading at Economic Times

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INDIA MARKET | Thu, 2 Jul 2026, 9:40PM IST Customer acquisition also remained strong, with the lender's customer franchise expanding to 124.43 million.

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GLOBAL NEWS | Thu, 2 Jul 2026, 9:33PM IST Employers added fewer jobs in June than a month earlier but the unemployment rate ticked down, a decent showing for the U.S. economy.

Continue reading at The New York Times

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INDIA MARKET | Thu, 2 Jul 2026, 9:31PM IST Icra downgraded Utkarsh Small Finance Bank's debt ratings, citing elevated bad loans, weak earnings and rising stress in its microfinance portfolio. High credit costs, fresh slippages and lower operating profitability weighed on the lender despite improving collection efficiency.

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INDIA MARKET | Thu, 2 Jul 2026, 9:27PM IST File image of the Bombay High Court

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INDIA MARKET | Thu, 2 Jul 2026, 9:25PM IST Indian equities rallied as easing Middle East tensions pushed crude prices lower and dovish Fed remarks boosted sentiment. Sensex gained nearly 580 points, while analysts expect Q1 earnings, US jobs data and the IndiaJapan summit to guide market direction.

Continue reading at Economic Times

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INDIA BUSINESS | Thu, 2 Jul 2026, 9:24PM IST Tata Steel is in talks with the Dutch government to navigate its transition project in the Netherlands, aiming to meet stringent emission norms. Facing challenges with legacy assets and stricter environmental regulations, the company is developing a long-term, financially viable, and environmentally compliant pathway. This includes strengthening energy security and planning significant CO reductions through low-carbon steel processes, mirroring similar decarbonisation efforts in the UK.

Continue reading at Economic Times

1h

INDIA BUSINESS | Thu, 2 Jul 2026, 9:23PM IST India's drug regulations have been updated to include advanced treatments like cell, stem cell, gene therapies, and xenografts under central licensing. This move aims to bolster oversight for these complex, evolving medical technologies, ensuring patient safety and uniform standards nationwide. The amendment signifies a commitment to public health while fostering innovation and faster adoption of cutting-edge healthcare solutions.

Continue reading at Economic Times

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INDIA MARKET | Thu, 2 Jul 2026, 9:20PM IST An unbeaten England Women side will meet South Africa Women in the second semi-final of the ICC Women's T20 World Cup 2026 at London's Kia Oval today.

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1h

INDIA BUSINESS | Thu, 2 Jul 2026, 9:18PM IST IRB Infrastructure Developers announced a significant deal where its sponsored platforms will transfer two BOT highway assets, Solapur Yedeshi and Chittorgarh Gulabpura, to IRB InvIT Fund for Rs 4,605 crore. This strategic move reinforces IRB's position as a leading sponsor and O&M platform, propelling its ambition to build a substantial asset base in the coming years.

Continue reading at Economic Times

1h

INDIA BUSINESS | Thu, 2 Jul 2026, 9:11PM IST Customer franchise crossed 124 million in the June quarter, while deposits stood at about Rs 68,500 crore, according to the company's provisional business update

Continue reading at Business Standard

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INDIA MARKET | Thu, 2 Jul 2026, 9:10PM IST Wall Street advanced after a weaker-than-expected US jobs report eased fears of further Fed rate hikes, boosting investor sentiment across major indexes

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INDIA MARKET | Thu, 2 Jul 2026, 9:09PM IST Govt widens scrutiny of username features, issues notices to Telegram and Signal

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INDIA BUSINESS | Thu, 2 Jul 2026, 9:04PM IST Air India has cut fuel surcharges for flights to North America, Australia, Europe, and the UK as oil prices eased in recent weeks, according to sources. The airline announced fuel surcharges on April 7 amid a surge in oil and jet fuel prices due to the West Asia conflict. The higher costs and airspace curbs had pushed up operational expenses for the airline. Fuel surcharge for North America and Australia flights have been cut to USD 200 from USD 280 per ticket and that for Europe and the UK services have been reduced to USD 125 from USD 205, the sources said on Thursday. The revised fuel surcharges are effective from July 1, the sources said. There was no comment from Air India. Fuel surcharges for other international flights and domestic services of the airline remain unchanged. Fuel surcharges for North America, Australia, Europe, and the UK flights had come into force from April 10. On April 7, the Air India Group announced fuel surcharges ranging from USD 24 to USD 280 for ..

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INDIA MARKET | Thu, 2 Jul 2026, 9:03PM IST Late Ratan Tata had set up RNT Associates as a principal investment vehicle for investments made in his personal capacity and funded many startups.

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INDIA BUSINESS | Thu, 2 Jul 2026, 9:03PM IST Assam is set to become a major aviation hub with plans to fast-track six new greenfield airports and a heliport. Chief Minister Himanta Biswa Sarma discussed accelerating project approvals and pre-feasibility studies with the Union Civil Aviation Minister. This expansion aims to boost regional connectivity, create economic opportunities, and strengthen logistics, complementing Assam's vision as a key Northeast gateway.

Continue reading at Economic Times

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INDIA NEWS | Thu, 2 Jul 2026, 9:03PM IST High crude oil prices pushed state-run oil retailers into massive under-recoveries despite fuel price hikes, while LPG sales continued to remain loss-making, Petroleum Minister Hardeep Singh Puri said

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INDIA MARKET | Thu, 2 Jul 2026, 9:00PM IST After WhatsApp, the IT Ministry has sent notices to Telegram and Signal over their username features, citing concerns over fraud, phishing and impersonation risks

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INDIA MARKET | Thu, 2 Jul 2026, 8:55PM IST A victory over Croatia will send Portugal into Roundof 16.

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1h

GLOBAL NEWS | Thu, 2 Jul 2026, 8:54PM IST As triple-digit heat engulfs much of the United States, the Trump administration wants grid managers to require the use of backup power that often goes unused.

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2h

GLOBAL NEWS | Thu, 2 Jul 2026, 8:54PM IST As triple-digit temperatures engulf much of the United States, the Trump administration wants grid managers to require the use of backup power that often goes unused.

Continue reading at The New York Times

2h

INDIA MARKET | Thu, 2 Jul 2026, 8:49PM IST PR industry grew 11% in FY26 as AI, startups and government demand reshaped the sector

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INDIA MARKET | Thu, 2 Jul 2026, 8:44PM IST Tesla reported about 384,000 deliveries during the same time last year; in the first quarter of 2026, that figure was 358,023.

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INDIA BUSINESS | Thu, 2 Jul 2026, 8:43PM IST India's edible oil industry, represented by IVPA, has inked a significant pact with China's CFNA to boost bilateral trade. This collaboration aims to increase soybean oil imports from China while simultaneously enhancing India's exports of mustard and soybean meals. The agreement is poised to strengthen market ties and foster innovation, especially as China becomes a key supplier of soybean oil to India, addressing the nation's substantial edible oil import needs.

Continue reading at Economic Times

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INDIA BUSINESS | Thu, 2 Jul 2026, 8:43PM IST Three major public sector banks Bank of Baroda, Bank of India, and Punjab National Bank are showing a significant gap between their credit and deposit growth, exceeding 350 basis points. While Bank of Baroda saw a sequential dip in both assets and liabilities, Bank of India and Punjab National Bank reported consistent expansion in their business figures year-on-year and quarter-on-quarter.

Continue reading at Economic Times

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INDIA MARKET | Thu, 2 Jul 2026, 8:42PM IST Indian markets advanced on easing crude prices and dovish Fed commentary, boosting risk appetite. Analysts recommend buying NDR Auto and Suven Life Sciences after bullish breakouts, while investors await US jobs data, the IndiaJapan summit and Q1FY27 earnings.

Continue reading at Economic Times

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INDIA MARKET | Thu, 2 Jul 2026, 8:39PM IST E-commerce giant launches internal probe as police investigate fatal Uttarakhand warehouse fire that killed two workers.

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GLOBAL NEWS | Thu, 2 Jul 2026, 8:37PM IST Price cuts helped the electric automaker rebound in Europe in the second quarter, offsetting declines in the United States.

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INDIA MARKET | Thu, 2 Jul 2026, 8:36PM IST File image of Adar Poonawalla

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INDIA MARKET | Thu, 2 Jul 2026, 8:36PM IST Prime Minister Narendra Modi greets Japanese Prime Minister Sanae Takaichi.

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INDIA MARKET | Thu, 2 Jul 2026, 8:35PM IST Former PepsiCo CEO Indra Nooyi calls India and the US "natural partners", saying stronger ties are vital as Washington navigates strategic competition with China

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