- KPMG forensic review says IDFC First Bank Chandigarh fraud an isolated incident June 6, 2026The KPMG forensic review found collusion among IDFC First Bank's branch staff, customer representatives and third parties, while confirming the ₹646 crore loss previously disclosed by the lender.
- SpaceX’s lofty IPO has serious earthbound problems, from emissions to water June 6, 2026Data centers use water primarily for cooling their servers, which process enormous amounts of information.
- Why Reid Hoffman is leaving Microsoft's board for an AI startup? June 6, 2026Reid Hoffman steps down from Microsoft board to focus on Manas, his AI drug-discovery startup. Here's what his departure signals about priorities in tech leadership.
- Elon Musk's SpaceX secures $920 million monthly Google deal for cloud compute capacity- Explained June 6, 2026SpaceX lands $920M monthly recurring revenue from Google for AI compute. New infrastructure agreement spans 2.75 years as company approaches IPO filing.
- A five-year trail of LIC's red flags on Rajesh Exports before Sebi order June 6, 2026Years before Sebi flagged alleged revenue inflation at Rajesh Exports, its largest investor LIC’s voting trail shows repeated concerns over disclosures. This highlights the value of public records as investor warning signs, and also raises questions over whether LIC could have done more.
- RBI's reform package could pull $40-75b inflows, push rupee to 92-93 and keep August rate on hold June 6, 2026The RBI's recent announcements are expected to attract substantial foreign capital, potentially strengthening the rupee. Analysts anticipate the monetary policy committee will hold interest rates steady in August. Measures include expanding access to government securities and offering incentives for foreign investments. These steps aim to boost the econ […]
- South America to ramp up India outreach despite geography June 6, 2026In an era of growing diplomatic relations, South American countries are increasingly turning to India, with Argentina leading the charge by acknowledging the strategic and economic partnerships at play. As India's sixth largest trading ally, Argentina plays a vital role by providing edible oils that enhance India's food security posture.
- More economic safeguards on the cards as West Asia conflict persists: Report June 6, 2026India is preparing new measures to protect its economy from the West Asia conflict. The government will introduce these steps gradually as needed. The focus is on ensuring supply of goods and raw materials. Stability in the rupee and foreign exchange is also a priority. This calibrated approach aims to manage emerging risks effectively.
- "Strengthen aspirations of 140 crore Indians": Rajnath Singh hails India's 7.7% GDP growth in FY 2025-26 June 6, 2026India's economy achieved a strong 7.7 percent growth in financial year 2025-26. This performance accelerated to 7.8 percent in the fourth quarter. Defence Minister Rajnath Singh highlighted this resilience, attributing it to the 'Reform, Perform, Transform' mantra. India continues to lead as the world's fastest-growing major economy amids […]
- India-US trade deal "75 years overdue"; proposed 12.5% tariff part of talks: USIBC's Atul Keshap June 6, 2026US-India Business Council President Atul Keshap believes a trade deal is close. He notes ongoing talks and a US tariff proposal are part of negotiations. Keshap stresses the need for compromise from both sides to finalize the agreement. He urges India to pursue reforms to boost investment. The deal aims to increase bilateral trade significantly.
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