- DMart Q1 results: Higher costs, slower mature-store growth weigh on margins July 11, 2026Quick commerce apps continued to squeeze urban revenue at parent firm Avenue Supermarts, forcing it to lean heavily on tier-II and tier-III market expansions to sustain its momentum.
- Meta to discontinue controversial AI feature following privacy concerns, Hollywood's SAG-AFTRA union welcomes move July 11, 2026Meta is discontinuing an AI feature launched this week that allowed users to generate images using public Instagram accounts, after drawing widespread criticism over privacy concerns, including from Hollywood's SAG-AFTRA union.
- What Apple accuses OpenAI of in explosive trade secret lawsuit? A laptop ‘not returned’, secret interviews, & more July 11, 2026Central to Apple's case is the claim that OpenAI's recruitment process doubled as a vehicle for extracting proprietary information.
- Chairman's exit a 'challenging event' that raised governance questions: HDFC Bank CEO July 11, 2026In his annual letter to shareholders, Sashidhar Jagdishan noted that an independent probe by Indian and US law firms found no basis for Atanu Chakraborty's allegations regarding internal bank practices.
- German luxury carmakers split on hybrids as EV sales surge July 11, 2026BMW dismisses hybrids as costly and unnecessary, while Mercedes is betting on them to ease the shift away from petrol and diesel.
- 2 lakh micro food processing enterprises covered under credit-linked subsidy scheme 'PMFME': Govt July 11, 2026With over two lakh micro food processing ventures benefiting from credit-linked subsidies through the PMFME scheme, this program has facilitated over twenty thousand crore rupees in investments. It has led to around eleven lakh employment opportunities, highlighting a strong trend of first-generation entrepreneurs, with women representing forty-four percent […]
- Inadequate, insufficient evidence on forced labour 301 probe: India tells US July 11, 2026India has informed the US that its tariff determination lacks sufficient rationale. New Delhi argues the US Trade Representative's report unfairly groups many economies. India insists there is inadequate evidence of unfair competitive advantage. The nation advocates for resolving trade issues through bilateral negotiations. India remains willing to enga […]
- Over 1.7 cr ITRs filed for AY 2026-27: I-T deptt July 11, 2026More than 1.7 crore income tax returns have been filed for the 2025-26 fiscal year. Over ten lakh returns were submitted on Friday alone by taxpayers. The deadline for filing ITRs 1 and 2 is July thirty-first. ITR Form 1 is for individuals with income up to fifty lakh rupees. ITR-2 is for individuals and HUFs with capital gains income.
- India lays groundwork for a big business boost along the coasts July 11, 2026India is setting up dedicated Marine Export Zones to create an integrated seafood ecosystem. These zones will combine farming, processing and logistics with an aim to give India a big exports boost. The target is to raise India's seafood export potential and create a large number jobs.
- Global shocks may hit quarterly growth, but India's long-term outlook remains strong: PwC's Rara July 11, 2026India's economic growth trajectory remains strong despite temporary global shocks. Experts project sustained growth between 6.5 and 7 percent over time. The country is simplifying financial system access through digital Know Your Customer initiatives. Businesses seek reduced compliance burdens and an enabling investment environment. These factors will h […]
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