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Files relating to Kudankulam nuclear power plant exposed in data breach

A ransomware group has published alleged Kudankulam project files on the dark web, prompting investigations into a data breach involving Reliance Infrastructure

US launches fresh strikes on Iran as escalation threatens shipping

The US launched fresh strikes on Iranian military sites as Tehran threatened wider energy disruptions, escalating tensions over the Strait of Hormuz

HDFC Life Q1FY27 profit jumps 12% to Rs 611 cr on higher premium collection

HDFC Life posted a 12% rise in first-quarter profit as strong renewal premium collections offset slower growth in new policy sales

Air India crash probe in final stage after cockpit recorder, pysch reviews

The AAIB said media speculation and narratives attributing blame to the ​pilots had caused some witnesses to become 'restrictive and non-responsive'

India's Ather Energy to raise $125 million via share issue, warrants

Ather Energy will raise ₹1,200 crore from existing investors led by Hero MotoCorp and the India-Japan Fund amid rising competition in India's EV market

Rupee ends flat as merchant bids, oil blunt comfort from modest inflows

The rupee ‌closed at 96.2550 per dollar, little changed from its close at 96.20 in the previous session

ICICI Prudential Life Insurance Q1 results: Profit rises 28% to ₹386 crore

The ​Indian insurer posted a profit after tax of ₹386 crore ($40.11 million) for the three-month period ended June 30, a jump from ₹302 crore a year earlier

SBI Funds Management's IPO fully subscribed on second day of bidding

The IPO of India's ​largest asset manager received bids for 126.74 million shares, against 124.56 million ‌on offer, as of 10:48 a.m. IST, exchange data showed

Asian stock markets rally after surprise slowdown is US inflation rate

Japan's Nikkei rose 1% and MSCI's broadest index of Asia-Pacific shares outside Japan rose 2.4%

Indian Gas Exchange files for IPO as parent IEX looks to pare stake

IGX shares are expected to list on the BSE, according to its draft prospectus

Oil prices rise as renewed US-Iran strikes fuel fears over energy supplies

For the second straight session, Brent ​closed at its highest since June 12 and West Texas Intermediate at its ‌highest since June 15 and rose further on early Wednesday trade

Fed chair Warsh sets sights on 2% inflation target, vows to 'do my job'

Inflation is currently running above the Fed's 2 per cent target, and there is uncertainty around whether renewed conflict in West Asia could reverse recent progress

Trading revenue, investment banking lift Wall Street bank earnings

Bank of America beat estimates for second-quarter profit, benefiting from record trading activity and a surge in dealmaking, one of five banks reporting on Tuesday

IBM warns AI boom is squeezing software budgets, triggers sector rout

IBM forecast second-quarter revenue below estimates, saying clients shifted spending towards AI infrastructure, triggering a broader selloff in software stocks

US consumer inflation slows 0.4% in June, but Fed rate hike fears linger

US consumer inflation eased more than expected in June as energy prices retreated, though markets still see a possibility of a Federal Reserve rate increase this year

Trump steps back from proposal for Hormuz fees in favour of Gulf deals

Donald Trump abandoned plans to impose a 20 per cent fee on shipping through the Strait of Hormuz, saying he would instead seek trade and investment deals with Gulf states

Citi, others retract India rate hike calls as inflation may stay moderate

Cooling core inflation and a lower annual inflation outlook are prompting economists to scale back expectations of RBI rate hikes despite June's retail inflation uptick

India draws nearly $10 billion under RBI's deposit drive to support rupee

The RBI announced a zero-cost foreign-exchange swap facility at its June ​5 policy meeting for deposits raised from non-resident Indians, allowing banks to offer higher returns on such deposits

LTM expects AI revenue to outpace traditional services: CEO Venu Lambu

LTM expects AI revenue to grow faster than its traditional IT services business as enterprise adoption accelerates, with demand rising for deployment of advanced AI models from Anthropic and OpenAI

China expels third Politburo member in deepening anti-graft drive

China expelled former Politburo member Ma Xingrui from the Communist Party over corruption charges, marking the latest high-profile purge