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Indian companies pledge record USD 20.5 billion investment in US; 12 firms announce immediate deals at SelectUSA Summit

Indian companies are set to invest over USD 20.5 billion in the US, with 12 firms pledging USD 1.1 billion at the SelectUSA Summit. Ambassador Sergio Gor highlighted this "record" influx as…

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Business May 6, 2026 · 12:56 am

Anduril to lead consortium to build space-based interceptors for US ‘Golden Dome’ defence system

Defence technology company Anduril Industries said that it will lead a group of industry partners to develop space-based interceptors for the US…

Business May 6, 2026 · 12:24 am

Coinbase to cut about 14% of workforce as Brian Armstrong bets on AI-Native restructuring

Coinbase Co-founder and CEO Brian Armstrong said Tuesday that the company will reduce its workforce by about 14% as it repositions itself…

Business May 5, 2026 · 9:40 pm

India has room to see through global energy shock as inflation stays within band, says IMF’s Krishna Srinivasan

India has some policy space to navigate the ongoing global energy shock, supported by stable inflation and calibrated fiscal measures, Krishna Srinivasan,…

Business May 5, 2026 · 9:33 pm

Cabinet approves scheme to provide Rs 2.55 lakh crore credit support to businesses facing liquidity challenges amid West Asia crisis

"The scheme aims to provide credit guarantee coverage of 100% for MSMEs and 90% for non-MSMEs as well as airline sector," the…

Business May 5, 2026 · 9:31 pm

Parents pile into Samsung Electronics for kids’ stock gifts

Samsung Electronics was the most gifted domestic stock to underage children in April, accounting for more than half of such transactions, data…

Business May 5, 2026 · 8:59 pm

Shin Je-yoon warns walkout could hit chip output, ripple across economy

Samsung Electronics' board chief warned of sweeping economic fallout from a looming strike, urging workers to return to the negotiating table as…