Business

DRI busts smuggling syndicate; seizes 15 kg foreign-origin gold

DRI busts smuggling syndicate; seizes 15 kg foreign-origin gold

New Delhi: In a major crackdown against the smuggling of foreign-origin gold, the Directorate of Revenue Intelligence (DRI) has successfully unearthed…

June 26, 2026

Drone startup Elroy Air to list on Nasdaq via $1 billion SPAC deal

June 26 (Reuters) - Cargo drone startup Elroy Air has agreed to list in the U.S. through a merger with…

June 26, 2026

Low-cost AI models to fuel AI infra investment: Jefferies

New Delhi: The emergence of low-cost artificial intelligence (AI) models is unlikely to slow AI investments. Instead, it could increase demand…

June 26, 2026

Foxconn acquires 351.73 million shares in India arm investing USD 37.2 million

Singapore: Taiwanese electronics manufacturer Foxconn Singapore Pte Ltd has acquired around 351.73 million additional shares in its Indian arm Foxconn Hon…

June 26, 2026

India-UK CETA, DCC to boost innovation, investment from July 15: Goyal

New Delhi: With the India-UK Comprehensive Economic and Trade Agreement (CETA) and Double Contribution Convention (DCC) coming into effect on July…

June 26, 2026

IBM unveils first sub-1 nm chip; Packs nearly 100 bn transistors

New Delhi: IBM debuted the world's first sub-1 nanometer chip technology, introducing a transistor architecture at the 0.7 nanometer, or 7…

June 26, 2026

Reliance Jio strengthens telecom market leadership with subscriber growth in May 2026: TRAI data

New Delhi [India], June 26 (ANI): Reliance Jio continued to strengthen its position in the Indian telecom sector in May…

June 26, 2026

Passive fund assets rise to Rs 14.77 Lakh crore despite debt outflows in May

New Delhi: Assets under management (AUM) of passive funds rose to Rs 14.77 lakh crore in May 2026, even as the…

June 26, 2026

US revises Q1 GDP growth upward to 2.1% from 1.6%

New Delhi: The United States economy grew at an annual rate of 2.1 per cent in the first quarter of 2026,…

June 26, 2026

RBI issues final norms to expand credit derivatives market

New Delhi: The Reserve Bank of India (RBI) has issued the final directions for expanding the country's credit derivatives market, paving…

June 26, 2026