Business
Munsif Daily delivers the latest headlines on business-related stories across India and the globe. Find in-depth information on the world’s economy, financing, stock market, initial public offerings (IPO), the banking sector, and the financial sector of India.
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Anil Ambani’s Reliance Group used dozens of shell entities to divert funds: Cobrapost report
This was allegedly done by way of granting loans to subsidiaries and allotment of debentures and preference shares and siphoning…
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Cobrapost alleges massive Rs. 28,874 crore fraud by Reliance Anil Dhirubhai Ambani Group
Investigative news website Cobrapost on Thursday alleged that the Reliance Anil Dhirubhai Ambani Group has indulged in "a massive banking…
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Samsung expands Galaxy AI to support 22 languages, adds Gujarati and Filipino
Samsung Electronics Co., Ltd. On Thursday announced that its Galaxy AI platform now supports 22 languages, with the addition of…
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Alphabet’s revenue crosses $100 billion for 1st time, Gemini tops 650 mn monthly active users
Sundar Pichai, CEO and Director of Google’s parent company Alphabet, has announced that the company has achieved its first $100…
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Vodafone Idea, other telecom shares slip after SC’s written order on AGR dues
Vodafone Idea shares fell as much as 12 per cent on Thursday following the Supreme Court's written order permitting the…
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Gold, silver prices drop on MCX after Fed rate cut
The decline in precious metal prices came as investors assessed the Fed’s cautious stance on future rate cuts. Gold futures…
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Indian stock markets open lower as US Fed announces rate cut
Several heavyweight stocks were under pressure in morning deals. Bharti Airtel, Sun Pharma, ITC, Tata Steel, Power Grid, Titan, Kotak…
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S. Korea, US sign cooperation deal on AI, space, mobile networks
South Korea and the United States signed an agreement on Wednesday to cooperate in artificial intelligence (AI), space and other…
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UPI transactions in India jump 35 pc in H1 2025, touch Rs 143 lakh crore: Report
India’s Unified Payments Interface (UPI) continues to dominate the country’s digital payments landscape, with transactions surging 35 per cent year-on-year…
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Sensex, Nifty open higher amid positive global cues
Indian stock markets opened on a strong note on Wednesday, supported by a positive trend in global markets.
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Grokipedia will exceed Wikipedia by several orders of magnitude in breadth, depth and accuracy: Elon Musk
Elon Musk on Wednesday took a dig at Wikipedia, claiming that his new platform Grokipedia will surpass the popular online…
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MCX trading halted for over four hours due to technical glitch, probe initiated
Trading on the Multi-Commodity Exchange (MCX) was disrupted for more than four hours on Tuesday due to a technical glitch,…
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OpenAI’s big bet on India: Free ChatGPT Go access for 1 year starting Nov 4
OpenAI on Tuesday announced that it will offer free access to ChatGPT Go for one year to all users in…
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RBI returns Jana Small Finance Bank’s application for universal bank licence
Jana Small Finance Bank (SFB) on Tuesday said that the Reserve Bank of India (RBI) has returned its application to…
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Amazon laying off about 30,000 corporate employees, starting Tuesday: Report
E-commerce giant Amazon is reportedly laying off about 30,000 corporate employees, starting Tuesday, that will impact several divisions at the…
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Sensex, Nifty open higher amid mixed global cues
In the broader market, the Nifty MidCap index added 0.08 per cent, while the Nifty SmallCap index advanced 0.36 per…
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BSNL, Viasat India join hands to advance satellite technology skills development in India
State-run Bharat Sanchar Nigam Limited (BSNL) on Monday announced expanded collaboration with Viasat India, a global communication firm, to promote…
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India’s DPI can unlock credit for the next 450 million borrowers
India’s Digital Public Infrastructure (DPI) including Aadhaar, Unified Lending Interface (ULI) and Unified Payments Interface (UPI) should be leveraged to…
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Path to Viksit Bharat will be built across our villages: FM Sitharaman
The path to Viksit Bharat will be built not merely in cities or industrial hubs but across our villages, Finance…
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Indian markets open higher on positive US-China trade talks
On the weekly timeframe, the index witnessed a correction of nearly 311 points from its high, indicating heightened volatility and…
