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CCI defends global turnover-based penalty law in Apple antitrust case

In its lawsuit, Apple said the law, which reflects practice in the European Union, could lead to disproportionate fines for breaches that happened only in India

Updated On: 08 Jan 2026 | 11:40 PM IST

Samsung forecasts record profit surge as AI-driven chip prices soar

The results highlight how chip prices have rocketed as chipmakers scramble to keep up with demand for memory chips used in servers, personal computers and mobile devices to meet AI needs

Updated On: 08 Jan 2026 | 11:37 PM IST

Gold falls as commodity index rebalancing sparks selling pressure

The annual Bloomberg Commodity Index rebalancing aims to keep the index aligned with the current state of the global commodity market. This year's window runs from January 9-15

Updated On: 08 Jan 2026 | 11:22 PM IST

Reserve Bank of India mulls fresh steps to provide relief to exporters

Earlier this week, US President Donald Trump warned that tariffs could rise further unless India curbs its Russian oil imports, escalating the pressure as trade talks between the two countries drag on

Updated On: 08 Jan 2026 | 10:41 PM IST

US open to China's limited presence in Venezuela, not oil control

Wright also said he expected see Chevron, opens new tab quickly grow its activities in Venezuela with ConocoPhillips

Updated On: 08 Jan 2026 | 10:11 PM IST

Reliance Industries says it may buy Venezuelan oil, awaiting clarity

The statement comes amid evolving global discussions on energy trade involving Venezuela, as refiners assess supply options based on regulatory approvals and international sanctions frameworks

Updated On: 08 Jan 2026 | 10:04 PM IST

European defence stocks hit record as geopolitics lift dollar, oil

The broader pan-European STOXX 600 was down 0.2%. Japan's Nikkei lost 1.6% overnight amid rising tensions with China and Wall Street futures eased 0.2%

Updated On: 08 Jan 2026 | 6:47 PM IST

Gold could touch $5,000 an ounce in first half of 2026: HSBC

However, the bank lowered its average 2026 price forecast for gold to $4,587 an ounce from $4,600, ​citing risks that rising prices could trigger a correction later in the year

Updated On: 08 Jan 2026 | 4:53 PM IST

Finmin plans to scrap curbs on Chinese firms bidding for govt contracts

The measures imposed in 2020 effectively barred Chinese firms from competing for Indian government contracts that were estimated to be worth $700 billion to $750 billion

Updated On: 08 Jan 2026 | 2:47 PM IST

India's top IT firms likely to report muted growth as US demand softens

India's IT companies earn a significant share of their revenue from the United States, making the world's largest economy crucial for the sector

Updated On: 08 Jan 2026 | 12:14 PM IST

Nvidia seeks full upfront payment for H200 AI chips from China clients

Nvidia CEO Huang said he did not expect China's government to make a formal declaration on approval, but 'if the purchase orders come, it's because they're able to place purchase orders'

Updated On: 08 Jan 2026 | 12:01 PM IST

Sebi finds BofA shared confidential info on $180 mn Aditya Birla AMC trade

BofA is preparing a response to Sebi's accusations and is expected to seek a settlement in the millions of dollars without admitting or denying wrongdoing

Updated On: 08 Jan 2026 | 10:33 AM IST

BlueScope Steel rejects $9 billion takeover offer for fourth time

BlueScope shares closed 1.12 per cent higher on Wednesday at A$29.87, just below the A$30 per share offer made public on Monday

Updated On: 07 Jan 2026 | 10:37 PM IST

European allies craft response plan should US act on Greenland move

A US military seizure of Greenland from a longtime ally, Denmark, would send shock waves through the NATO alliance and deepen the divide between Trump and European leaders

Updated On: 07 Jan 2026 | 10:37 PM IST

Oil steadies after Trump says Venezuela to export crude to the US

The deal between Washington and Caracas could initially require cargoes that were bound for China to be rerouted, sources told Reuters

Updated On: 07 Jan 2026 | 9:10 PM IST

Warner Bros rejects Paramount's revised $108.4 bn bid, backs Netflix deal

Warner Bros' board said Paramount's offer hinges on "an extraordinary amount of debt financing" that heightens the risk of closing

Updated On: 07 Jan 2026 | 6:35 PM IST

Gold eases as traders review US-Venezuela situation, dollar rises

Spot gold dropped 0.8 per cent ​to $4,461.51 per ounce, as of 1001 GMT, after briefly touching a more than one-week high earlier in the session

Updated On: 07 Jan 2026 | 6:06 PM IST

UBS cuts rupee March forecast to 92, expects short-lived US deal relief

From near 90 per dollar levels currently, UBS's forecast implies a roughly 2 per cent depreciation over three months, well beyond the March ​forward rate that's near 90.55

Updated On: 07 Jan 2026 | 2:02 PM IST

Rupee steady as RBI support cushions downside amid weak Asian cues

The rupee snapped a four-day losing streak in the last session, with bankers flagging possible support from the Reserve Bank of India

Updated On: 07 Jan 2026 | 10:40 AM IST

Crude oil slumps, Asian shares edge lower as global tensions climb

Japanese shares weighed down regional equity benchmarks, while commodity shares were broadly higher after an overnight surge in industrial metals prices

Updated On: 07 Jan 2026 | 10:16 AM IST