- TCS shifts to outcome-based AI deals, phases savings for clients July 10, 2026India's IT bellwether says it is generating up to 15% AI-led cost savings and passing the productivity gains to clients in phases.
- Global PE firm Invus nears ₹500 crore minority stake in restaurant operator Popo Ventures July 10, 2026Invus Group is close to investing ₹500 crore in Bengaluru-based restaurant operator Popo Ventures, underscoring rising private equity interest in India's fast-growing dining sector.
- Elon Musk stuns with a U-turn on Anthropic, calls it ‘the leader in AI’ after years of public spat July 10, 2026Elon Musk has reversed his stance on Anthropic, praising its advancements in AI and acknowledging he was wrong about the startup. He now considers Anthropic the leader in AI.
- Mint Explainer: What is the CCI complaint against Flipkart over its marketplace discounting model? July 10, 2026A new CCI complaint alleges Flipkart runs a ‘recurring subsidy pool’, funnelling tax and operational gains from group entities to just 33 preferred sellers who then undercut independent sellers on price.
- Who is Fidji Simo? OpenAI's top executive for AGI deployment steps down due to health concerns as AI race intensifies July 10, 2026Fidji Simo, a senior OpenAI executive, has stepped down after taking medical leave due to a chronic neuroimmune condition. She will continue as a part-time adviser while her responsibilities are divided among three executives.
- India's forex reserves rise $7.26 billion to $674.19 billion in week ended July 3 July 10, 2026India's foreign exchange reserves saw a substantial rise of $7.26 billion. These reserves reached $674.19 billion in the week ending July 326, 2026. The Reserve Bank of India closely monitors foreign exchange market developments. The RBI intervenes when necessary to ensure orderly market conditions. The central bank refrains from targeting any specific […]
- Monsoon revival lifts kharif hopes, but experts say El Niño threat is far from over July 10, 2026India’s southwest monsoon has bounced back after a weak June, cutting the rainfall deficit and boosting kharif prospects. Experts caution, however, that the El Nino risk isn’t over.
- India extends anti-dumping duty on seamless tubes, pipes till Jan 2027 July 10, 2026India has extended anti-dumping duties on certain Chinese tubes and pipes. This measure will protect domestic manufacturers from cheap inbound shipments until January 2027. The government also continues anti-dumping duties on Normal Butanol imports. These duties apply to products exported from Malaysia, South Africa, and the United States. Anti-dumping measu […]
- RBI rate hike: Interest burden for Indians may go up later this year amid inflation risks July 10, 2026The Reserve Bank of India is poised to keep its policy rates steady in the short term. Nonetheless, BofA Securities predicts that rising concerns over domestic inflation could lead to increased rates in the future. Revisions to FY27 economic growth projections indicate a stronger demand trend, while external accounts are anticipated to show improvement with […]
- Critical mineral push calls for board-level focus on communication: Experts July 10, 2026India's focus on critical mineral self-reliance is shifting mining governance priorities. Companies now need stakeholder confidence and social license for project success. Boards must integrate communication and stakeholder intelligence into strategic decisions. This approach strengthens governance and improves the execution of strategic initiatives. Tr […]
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