- TCS Q1 preview: CEO Krithivasan's toughest earnings test yet July 8, 2026TCS reported its first revenue decline last fiscal year and three quarterly revenue contractions over the past eight quarters, amid mounting concerns over AI-led disruption and slowing client spending.
- Blue Tokai Coffee courts PE funds for its largest ever fundraise at $100 million July 8, 2026Blue Tokai has initiated talks with TPG, Temasek and ChrysCapital to raise at least $100 million as investor interest in India's fast-growing specialty coffee market gathers pace.
- Google will set up more AI data centres in India as demand grows, says cloud business CEO Thomas Kurian July 8, 2026A multi-year capital expansion plan will follow the $15-billion investment in Andhra Pradesh announced last October, Thomas Kurian, chief executive of Google Cloud, told Mint.
- Rapido has more users than Uber and Ola. And Swiggy, Zomato, Zepto, Blinkit July 8, 2026Rapido averaged 82 million monthly active users between March and May, up 67% year-on-year. That put it ahead of Uber (39 million), Ola (27 million), Blinkit (79 million), Swiggy (67 million) and Zomato (63 million).
- New GIC Re chief banks on AI, resilience for next growth phase July 8, 2026The state-owned reinsurer is building 'Ragini', a private AI assistant, to capture underwriting expertise before it walks out the door. New chairman and managing director Hitesh Joshi talks to Mint about AI, portfolio rebalancing and the push for an 'A' rating.
- American giants warn higher tariffs on India & others may backfire on US' manufacturing July 8, 2026Several major US companies, including Intel, IBM, Dell, Honeywell Aerospace, Ford, GE Appliances and De Beers, have urged the US Trade Representative (USTR) to reconsider its proposal to impose additional tariffs of up to 12.5% on imports from 60 countries, including India.
- Sugar prices up 6-7% in June amid below-normal rainfall July 7, 2026Sugar prices have increased six to seven percent over June. This rise occurred as below-normal rainfall raised concerns about crop output. Demand also climbed with the end of the Hindu month of Adhik Maas. Ex-mill sugar prices in Maharashtra have increased to about forty-one point five rupees per kilogram. Recent rainfall is expected to provide relief to the […]
- Kharif sowing slow, 15 more districts face rain deficiency July 7, 2026The government is monitoring 262 districts for rainfall deficiency and El Nino impacts. Fifteen additional districts have been identified as facing rainfall deficits. Sowing remains slower than usual due to uneven rainfall across the country. However, rains are forecast for Gujarat, Haryana, Punjab, and Rajasthan soon. Contingency plans are being implemented […]
- India asks US to reconsider proposed 12.5% additional tariff July 7, 2026India has asked the US to reconsider proposed additional tariffs on its exports. New Delhi argues the proposed tariffs lack legal basis and sufficient evidence. The US Trade Representative is investigating dozens of economies for forced labor import policies. India believes the US has not conducted economy-specific analyses of these practices. Dialogue is pr […]
- Economic Advisory Council to the Prime Minister calls for rapid scale-up of grid-scale battery storage July 7, 2026India's electricity challenge has shifted from generation to managing availability and flexibility. Rising solar power causes grid stress and price volatility between day and night. The government recognises energy storage as crucial for the power system. Expanding solar capacity needs corresponding investments in storage solutions. This ensures grid st […]
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