- Atanu Chakraborty terms HDFC Bank's legal review superfluous June 27, 2026Appointing external law firms, including an American one, was just a compliance exercise, says Atanu Chakraborty, who resigned as HDFC Bank chairman in March.
- Trump administration clears Anthropic to roll out Claude Mythos 5 to over 100 organisations: Report June 27, 2026The US government has permitted Anthropic to release its Claude Mythos 5 AI model to trusted partners.
- Why Equirus is avoiding loss-making startups in its ₹1,500 crore fund June 27, 2026Equirus new fund launch comes as India’s startup funding market becomes more selective, even though early-stage capital has held up better than late-stage funding.
- Law firms hired by HDFC Bank find no basis for governance doubts raised by former chair Chakraborty June 26, 2026With the legal review out of the way, HDFC bank’s board is likely to take a call on chief executive Jagdishan’s reappointment
- OpenAI may push IPO to next year: What's behind the delay? June 26, 2026OpenAI is considering delaying its IPO until next year due to SpaceX’s poor debut and a drop in tech stocks. The company had previously prepared for a listing this year. Here's what happened.
- India initiates anti-dumping investigation into steel imports from China, Japan, Russia June 26, 2026India has launched an anti-dumping investigation into hot rolled steel imports from China, Japan, and Russia. JSW Steel and Jindal Steel allege these products are being sold at unfairly low prices, harming domestic manufacturers. The Directorate General of Trade Remedies found initial evidence of dumping, with significant price differences. This probe, cover […]
- El Nino may force India to boost rice-based ethanol output for E20 goal June 26, 2026India might need to boost rice-based ethanol production for E20 fuel blending by 2026-27. El Nino's impact on sugarcane and maize crops could reduce their availability for ethanol. With tight sugar supplies expected, the government may prioritize domestic demand, limiting sugar diversion. This scenario could necessitate a significant increase in rice us […]
- Goldman Sachs raises India FY27 growth forecast to 6.5% June 26, 2026Goldman Sachs has boosted India's FY27 growth outlook to 6.5%, citing lower oil prices and easing supply issues. The investment bank also anticipates a dip in inflation to 4.9%. Despite initial consumption resilience during Middle East tensions, a slight softening in investment was noted. Goldman Sachs projects a 50 basis point repo rate hike by the RBI […]
- Centre plans Rs 12,000 crore incentive scheme to spur private electric bus adoption June 26, 2026The government is planning a significant incentive package, potentially worth ₹12,000 crore, to boost electric bus adoption by private fleet operators. This scheme could include interest subvention, credit guarantees, and capital subsidies, aiming to encourage the deployment of 50,000 electric buses over a decade. Officials anticipate this will unlock substa […]
- India and Switzerland step up innovation partnership with focus on startups, research June 26, 2026India and Switzerland are boosting science and technology ties, combining India's scale with Swiss innovation for citizen solutions and startups. Swissnex is a key facilitator, connecting innovators and supporting market entry. Switzerland is keen on India's digital infrastructure, hinting at joint ventures. New initiatives are expected soon, build […]
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