March 5, 2026
Headlines

Business News Desk

Nothing 73 1

India’s Non-Smartphone Electronics Exports Hit $14 Billion in FY25, Marking Strategic Shift in Tech Manufacturing

Business News Desk04 mins mins

India’s electronics export sector has reached a major milestone in FY25, with non-smartphone electronics shipments crossing $14 billion, according to the Electronics and Computer Software Export Promotion Council (ESC). This surge represents a 32.47% year-on-year growth in total electronics exports, which now stand at $38.57 billion. While smartphones continue to lead the charge, the real…

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Bengaluru Founder Silences American Businessman Who Mocked India’s Talent: “Has a Single Indian Achieved Anything?” Sparks Global Backlash

Business News Desk04 mins mins

A social media storm erupted this week after American businessman and far-right blogger Charles Haywood posted a controversial remark on X (formerly Twitter), questioning India’s contributions to global progress. His post, which read, “Has a single (subcontinent) Indian ever accomplished anything of truly major note in the modern period, in any field? I can’t think…

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Sam Altman Confirms India Visit Next Month, Says “We Are Excited to Invest in India” as OpenAI Expands Local Presence

Business News Desk04 mins mins

OpenAI CEO Sam Altman has officially announced plans to visit India next month, reinforcing the company’s commitment to deepen its footprint in one of the fastest-growing AI markets globally. The visit comes as OpenAI prepares to open its first India office in New Delhi later this year, marking a strategic milestone in its global expansion…

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Holtec Plans to Build 200 SMR Nuclear Reactors in India, CEO Kris Singh Confirms Strategic Expansion

Business News Desk04 mins mins

In a bold move that could redefine India’s energy landscape, Holtec International, a leading US-based nuclear technology firm, has announced plans to build 200 Small Modular Reactors (SMRs) across India. The announcement was made by Holtec’s founder and CEO Dr. Kris Singh, who emphasized that India’s energy needs and infrastructure challenges make it an ideal…

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GST Reforms May Ease Inflation, But RBI Unlikely to Cut Rates Hastily, Says MPC Member Saugata Bhattacharya

Business News Desk04 mins mins

The Reserve Bank of India (RBI) is unlikely to initiate an immediate rate-cutting cycle despite the inflation-cooling potential of the government’s proposed GST reforms, according to Saugata Bhattacharya, external member of the Monetary Policy Committee (MPC). Speaking in an interview following the August policy meeting, Bhattacharya emphasized that the central bank will adopt a cautious,…

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Kokilaben Ambani, Mother of Mukesh and Anil Ambani, Admitted to HN Reliance Hospital in Mumbai Following Medical Emergency

Business News Desk04 mins mins

Kokilaben Dhirubhai Ambani, the 91-year-old matriarch of India’s most influential business family, was admitted to HN Reliance Foundation Hospital in South Mumbai on Friday morning after being airlifted from her residence. The sudden hospitalization has sparked widespread concern, with members of the Ambani family—including Mukesh Ambani, Nita Ambani, Anil Ambani, and Tina Ambani—rushing to the…

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Penny Stocks Scam: SEBI Raids Pune Finfluencer Avadhut Sathe’s Trading Academy Amid Market Misguidance Allegations

Business News Desk04 mins mins

In a sweeping crackdown on unregistered market educators, the Securities and Exchange Board of India (SEBI) has raided the Karjat-based trading academy of Pune-based finfluencer Avadhut Sathe, who commands a massive following of over 9 lakh YouTube subscribers. The two-day search-and-seizure operation, conducted on August 20–21, marks one of SEBI’s most high-profile enforcement actions against…

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OpenAI Sets Up India Unit, Begins Local Hiring as ChatGPT Adoption Surges

Business News Desk05 mins mins

OpenAI, the creator of ChatGPT and a global leader in artificial intelligence, has officially established its India entity and is preparing to open its first office in New Delhi later this year. The move marks a significant milestone in OpenAI’s global expansion strategy and underscores India’s emergence as a key market for AI innovation, talent,…

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Hindalco’s ₹18,000 Crore Capex in FY25 Marks Decade-High Investment, KM Birla Reaffirms $10 Billion Global Expansion Plan

Business News Desk04 mins mins

Hindalco Industries Ltd, the metals flagship of the Aditya Birla Group, has recorded its highest annual capital expenditure in nearly a decade, investing ₹18,000 crore in FY25. Chairman Kumar Mangalam Birla confirmed the milestone during the company’s 66th Annual General Meeting held on August 21, 2025, while reaffirming Hindalco’s ambitious $10 billion global investment roadmap…

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Anondita Medicare IPO Opens August 22: Condom Maker’s Shares Command ₹58 Grey Market Premium, Eyes ₹69.5 Crore Raise

Business News Desk04 mins mins

Anondita Medicare Ltd, a Noida-based manufacturer of male and female condoms under the flagship brand “COBRA,” has opened its Initial Public Offering (IPO) for public subscription on August 22, 2025. The IPO, which will close on August 26, is already generating strong buzz in the grey market, where its shares are commanding a premium of…

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