Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has approved filing draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares, aiming to unlock value for shareholders and fuel its ambitious expansion into 5G, AI, and global markets.
Prime Minister Narendra Modi announced that the India-UK Comprehensive Economic and Trade Agreement (CETA) will come into effect on July 15, 2026, anticipating a significant boost to bilateral trade and investment.
For members, the message is simple: don't be misled by headlines about '100% withdrawal'. The basic purpose of the EPF remains unchanged -- to help employees build a financial cushion for retirement while allowing limited access to savings for genuine needs during their working lives.
The India-Oman free trade agreement, operationalised on June 1, is set to create significant export opportunities for India's labour-intensive and value-added sectors, including textiles, gems and jewellery, and marine products, while also strengthening energy security.
The initiative is expected to begin with operations in Guntur, with both parties working towards enabling 10,000 daily drone flights across Andhra Pradesh over the coming year, a scale that could position the state among the largest commercial drone delivery networks globally.
IT services giant Wipro has launched an Applied AI Centre of Excellence (CoE) in Bengaluru, focusing on Anthropic's Claude models. This initiative aims to accelerate enterprise AI adoption, train 10,000 experts, and integrate AI into core business workflows and Wipro's internal operations.
TeamLease Co-founder Manish Sabharwal on why regulatory cholesterol is killing India's entrepreneurial engine -- and how we can fix it and generate 100 million jobs in India in just about 7 years.
A three-storey under-construction warehouse in Kolkata's Taratala area collapsed, killing three people and trapping several others. Rescue operations are ongoing, with 18 individuals already saved, amid allegations of substandard construction materials and illegal building practices.
"Taxpayers with income from shares, mutual funds, crypto, ESOPs, or derivatives often incorrectly use ITR-1 instead of ITR-2 or ITR-3."
Reserve Bank Governor Sanjay Malhotra announced that India's foreign exchange reserves stand at a healthy $682.3 billion as of May 29, 2026, providing approximately 11 months of import cover and strong protection against external shocks.
Salaried taxpayers should not use these forms blindly to file their income-tax returns.
'While salary increments are moderating compared to last year, not all functions are moving at the same pace.'
Taxpayers should reconcile returns with AIS, Form 26AS and maintain all supporting records.
A BofA Global Research report indicates that Paytm is leading in monetisation compared to its competitors due to its diversified mix of merchant lending and financial services, which enhances profitability and strengthens its position in the Indian fintech market.
Tata Consultancy Services has partnered with French artificial intelligence firm Mistral to provide frontier grade AI solution, Mistral Forge, for enterprises across the world.
IBM and Yotta Data Services have announced a partnership to deliver an agentic artificial intelligence (AI) platform for enterprises and government organisations in India, leveraging IBM WatsonX Orchestrate and Yotta's Shakti Cloud.
The Delhi High Court has refused to hear a petition seeking intervention against a protest called by the digital outfit 'Cockroach Janta Party' at Jantar Mantar on June 6. The petition raised concerns about law and order and sought crowd-control measures, alleging the group was involved in "transnational institutional destabilization."
A new white paper released by the Tamilaga Vettri Kazhagam (TVK) government reveals that Tamil Nadu's direct debt has nearly doubled to an alarming 10 trillion in the past five years, exposing significant fiscal strain and a substantial debt burden on every citizen.
Bernstein brokerage firm maintains 'Outperform' rating for Paytm, stating the PPBL licence cancellation will not impact Paytm's business and may open new regulatory opportunities.
A fatal fire at a bed-and-breakfast in Malviya Nagar, Delhi, has revealed widespread allegations of safety and building norm violations in numerous local establishments. Locals and guests claim many guest houses operate illegally, exceeding licensed capacities and using unsafe basement accommodations, prompting calls for comprehensive safety audits and stricter enforcement.
Dark patterns are no longer just a consumer protection concern, but a broader macroeconomic challenge affecting the long-term sustainability of India's digital commerce ecosystem.
Prudential plc has announced its acquisition of a 75 per cent stake in Bharti Life Insurance for approximately 3,500 crore, a strategic move to secure majority ownership in the Indian life insurance market. This acquisition necessitates Prudential reducing its holding in ICICI Prudential Life Insurance to below 10 per cent.
SIS Ltd, a security and facility management services provider, aims to cross Rs 20,000 crore in revenue by FY27, driven by strong double-digit growth, expansion of its service network, and a simplified regulatory framework under new labour codes, said its Group Managing Director Rituraj Sinha.
Global brokerage firm Jefferies has reiterated its 'Buy' rating on Paytm, stating that the company's growth engine and profitability will remain intact despite regulatory action on its associate entity Paytm Payments Bank Ltd (PPBL). The company has maintained its price target of Rs 1,350, implying an 18 per cent upside.
Gaming company Roblox has appointed Sunil Rao, a former Amazon Web Services executive, as Managing Director for its India operations. Rao will oversee Roblox India's strategy, working with local teams and partners to strengthen the company's presence and support the creator ecosystem.
The Supreme Court has directed the Centre to rationalise airfares and provide relief to flyers, highlighting discrepancies in pricing for the same routes and airlines. The court is addressing a plea seeking a robust regulator to ensure transparency and passenger protection in the civil aviation sector.
Iranian Foreign Ministry spokesperson Esmail Baghaei stated that Iran is instead working with Oman to establish a mechanism for the safe passage of ships through the Strait.
Following regulatory action against Paytm Payments Bank Ltd (PPBL), Paytm strategically separated its core operations, a move praised by analysts for preserving business continuity and governance. This separation has enabled Paytm to sustain growth and improve profitability.
India's newly formed Artificial Intelligence Governance and Economic Group (AIGEG) is set to advocate for a unified legal framework for AI companies, including developers of large language models and chatbot systems, alongside broader operational rules.
Jio Platforms has announced the appointment of Akash Ambani as its managing director for a five-year term, effective from April 9, 2026, as the digital services company prepares for its highly anticipated Initial Public Offering.
The Punjab Cabinet has approved a series of measures aimed at enhancing public safety through forensic science upgrades and boosting rural incomes with a new farm stay policy.
AU Small Finance Bank has launched its first AI-native loan origination system, built on the Broccoli platform, in partnership with Amazon Web Services. This deployment marks a significant step towards becoming a fully AI-native bank, replacing traditional systems with a hyper-personalised sales and servicing platform.
Hospital stocks have emerged as a strong theme in 2026, outperforming benchmark indices due to robust earnings growth, improved occupancy, higher average revenue per occupied bed, and aggressive expansion plans by major chains.
Titan Company's ambitious roadmap to achieve a 20 per cent revenue compound annual growth rate (CAGR) by financial year 2030 (FY30) has garnered a positive outlook from analysts, who highlight the company's strong brand, sourcing capabilities, and diversified portfolio as key strengths.
The Supreme Court has established a high-powered committee, chaired by Kanchan Devi, Director General of the Indian Council of Forestry Research and Education (ICFRE), to independently review the Centre's report on the definition and delineation of the Aravalli hill range, aiming to resolve 'critical ambiguities' in its findings.
Recent changes to tax exemptions and allowances, including increased education, hostel, and HRA limits, have made the old tax regime more competitive against the new regime, prompting salaried employees to re-evaluate their choice for the current financial year.
The Pension Fund Regulatory and Development Authority (PFRDA) has launched a new Retirement Income Scheme (RIS) and drawdown options under the National Pension System (NPS), offering greater flexibility for managing pension savings post-retirement. Additionally, PFRDA has eased annuity surrender rules, allowing exits in cases of critical illness or for older contracts with explicit surrender clauses.
The University of Sheffield has announced a major milestone in the push for greener aviation as it produces its first report from testing a new sustainable aviation fuel (SAF). The research is helping support the faster rollout of low-carbon jet fuels.
Jio Financial Services and Munich-based Allianz Group have signed a binding agreement to establish a 50:50 joint venture for general and health insurance in India, building on an earlier reinsurance partnership.
The Supreme Court has directed the preparation and implementation of a time-bound eviction plan to address encroachments within the protected areas of the Agasthyamalai ecological landscape in Tamil Nadu, also ordering action against government servants involved.
