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INDIA BUSINESS | Fri, 8 May 2026, 4:03AM IST The 2-1 ruling by the U.S. Court of International Trade, for now, blocks the tariffs from being implemented against just two companies and the state of Washington but it could open doors to further such outcomes

Continue reading at The Hindu

1h

GLOBAL NEWS | Fri, 8 May 2026, 2:44AM IST A panel of federal judges found that President Trump could not legally impose the tariff on most imports.

Continue reading at The New York Times

2h

GLOBAL NEWS | Fri, 8 May 2026, 1:46AM IST Investors waited for news on the situation in the Middle East, as the U.S. and Iran gave mixed signals on peace negotiations.

Continue reading at The New York Times

3h

INDIA MARKET | Fri, 8 May 2026, 1:32AM IST The S&P 500 closed lower as chip stocks like Intel and Arm Holdings retreated, while U.S.-Iran peace talk uncertainty impacted the broader market. Despite a strong quarter driven by AI and tech rallies, concerns over chip supply and geopolitical tensions tempered investor sentiment. Oil prices edged down, though Nvidia and Microsoft saw gains.

Continue reading at Economic Times

3h

GLOBAL NEWS | Fri, 8 May 2026, 1:08AM IST A 35 percent rise in gas prices didnt dampen demand at restaurants like McDonalds, Burger King and Taco Bell, which reported increased sales.

Continue reading at The New York Times

4h

INDIA MARKET | Fri, 8 May 2026, 1:04AM IST Federal Reserve Bank of Cleveland President Beth Hammack indicated interest rates will remain steady for an extended period due to significant economic uncertainty. She expressed concern about an "inflationary mindset" becoming entrenched, noting that consumers and businesses have experienced a decade's worth of inflation in just five years.

Continue reading at Economic Times

4h

INDIA BUSINESS | Fri, 8 May 2026, 1:03AM IST Financial services secretary M Nagaraju warned the banking community about the potential risks posed by Anthropic's Mythos AI model. He emphasized that banking risks now extend beyond traditional financial concerns to include technology and cyber threats, urging institutions to prepare for potential public release of such advanced AI.

Continue reading at Economic Times

4h

INDIA BUSINESS | Fri, 8 May 2026, 1:02AM IST Amid ongoing supply chain challenges and the burden of rising operational costs, smaller consumer goods players are feeling the squeeze. This shift is creating a landscape where larger corporations can swiftly adapt, taking advantage of the situation to broaden their market influence.

Continue reading at Economic Times

4h

INDIA MARKET | Fri, 8 May 2026, 12:57AM IST Mitchell Marsh's explosive 111 off 56 kept LSG's fading IPL 2026 playoff hopes alive against RCB.

Continue reading at NDTV

4h

INDIA BUSINESS | Fri, 8 May 2026, 12:56AM IST Over a dozen Indian companies have launched generic versions of the GLP1 drug used for diabetes and weight management since the expiry of Novo Nordisk's patent for the innovator molecule in end-March. They generated about 44 crore in generic semaglutide sales in April.

Continue reading at Economic Times

4h

INDIA BUSINESS | Fri, 8 May 2026, 12:55AM IST Research Designs and Standards Organisation first specified internet protocol-based video surveillance systems for rolling stock in March 2018. The norms have since been amended seven times, most recently in June 2025. The current specifications define parameters for closed-circuit television cameras that record activities inside and outside trains for post-event analysis.

Continue reading at Economic Times

4h

INDIA BUSINESS | Fri, 8 May 2026, 12:54AM IST Zee Entertainment and JioStar India are heading to mediation to resolve a music copyright dispute. Zee sued JioStar for alleged unauthorized use of its music. The Delhi High Court has ordered both companies to attempt an amicable settlement. JioStar must not use Zee's licensed works while the mediation is ongoing. The next hearing is scheduled for July 23.

Continue reading at Economic Times

4h

INDIA BUSINESS | Fri, 8 May 2026, 12:52AM IST The Supreme Court has ruled that electricity consumers are not obligated to pay tariff charges for a power plant that has stopped supplying electricity. The apex court restored a previous order against Tata Power Delhi Distribution Ltd. This decision means consumers will not bear the cost of a plant that is no longer operational.

Continue reading at Economic Times

4h

INDIA BUSINESS | Fri, 8 May 2026, 12:40AM IST India sees a shift towards mustard oil. Rising global prices of palm and soybean oils, influenced by the West Asia conflict and biofuel demand, make imported oils expensive. This trend is further amplified by a depreciating rupee. Record domestic mustard production supports this change.

Continue reading at Economic Times

4h

INDIA BUSINESS | Fri, 8 May 2026, 12:37AM IST Indian banks are taking steps to ensure the safety of their staff in West Asia. Some banks have already moved operations to India to manage wholesale activities remotely. This comes after the government advised banks to assess risks and provide support. The situation in the region is being closely monitored, with a focus on business continuity and staff well-being.

Continue reading at Economic Times

4h

INDIA BUSINESS | Fri, 8 May 2026, 12:37AM IST Emami is acquiring a 60% stake in IncNut Digital, the company behind Vedix and SkinKraft. This deal is worth 321 crore. Emami will buy the remaining stake later. The acquisition aims to boost Emami's presence in personalized beauty. IncNut's founder believes this partnership will accelerate innovation and expand reach in the personalized beauty sector.

Continue reading at Economic Times

4h

INDIA BUSINESS | Fri, 8 May 2026, 12:33AM IST Amazon's integration of MX Player with Prime Video signals a trend towards unified streaming platforms in India. This move aims to reduce churn, enhance content discovery, and boost monetization by combining subscription, ad-supported, and transactional offerings. The strategy addresses slowing subscriber growth and rising content costs in the price-sensitive Indian market.

Continue reading at Economic Times

4h

INDIA BUSINESS | Fri, 8 May 2026, 12:31AM IST Craft beer maker Bira 91 faces a new legal challenge. Hindusthan National Glass & Industries has issued a notice alleging over 8 crore in defaulted payments. This adds to existing issues including investor disputes and delayed salaries. B9 Beverages reported a significant net loss in FY24. Production is currently suspended as founder Ankur Jain negotiates his exit.

Continue reading at Economic Times

4h

INDIA BUSINESS | Fri, 8 May 2026, 12:21AM IST India's textile sector faces challenges from high cotton prices and declining production. The industry is urging the government to cut import duties and create a strategic cotton reserve. Improved credit access is also crucial for mills. These measures aim to boost competitiveness and sustain operations against global rivals.

Continue reading at Economic Times

4h
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