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NewsBytes

Business / NewsBytes

US pays back $100B in Trump tariff refunds

The Trump administration has refunded nearly $100 billion in tariffs it collected before the US Supreme Court declared them illegal.

5 Aug 2026 5:58 pm
When will India introduce plastic notes? RBI Governor shares timeline

The Reserve Bank of India (RBI) is gearing up to introduce plastic currency notes in the country.

5 Aug 2026 4:09 pm
Central banks bought 51 tons of gold in June: WGC

Central banks across the globe made their biggest gold purchases of the year in June, according to data from the World Gold Council (WGC).

5 Aug 2026 3:48 pm
Centre warns restaurants against levying unlawful service charges

The Indian government has warned hotels and restaurants against levying automatic service charges on customers' bills.

5 Aug 2026 3:35 pm
AMD's data center revenue doubles as gaming loses ground

AMD has reported a massive surge in its data center revenue, driven by the increasing demand for artificial intelligence (AI) capacity.

5 Aug 2026 1:51 pm
Texas halts new data center approvals over electricity grid concerns

Texas Governor Greg Abbott has halted the approval of new data centers, citing concerns over their potential impact on the state's electrical grid.

5 Aug 2026 1:37 pm
RBI holds repo rate: What it means for your FD

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 5.25%.

5 Aug 2026 1:25 pm
FIFA game maker goes private after $55B acquisition

Electronic Arts (EA) has officially transitioned into a private company.

5 Aug 2026 11:53 am
Paramount-WBD merger trial scheduled for March 2027

A US District Judge has scheduled the trial for the merger between Paramount and Warner Bros. Discovery (WBD) from March 2 to March 19, 2027.

5 Aug 2026 11:40 am
Jeff Bezos to sell $4B worth of Amazon shares

Jeff Bezos, the founder of Amazon, has filed plans to sell around 15 million shares in the tech giant.

5 Aug 2026 11:11 am
No fuel for uninsured vehicles? SC suggests pilot project

The Supreme Court of India has directed the Central government to launch a pilot project that would deny fuel to vehicles without valid third-party insurance.

5 Aug 2026 11:03 am
SpaceX spent $295M on Tesla Megapacks in Q2

SpaceX has made a major investment in Tesla's Megapack battery storage devices, spending $295 million in Q2 and a total of $329 million so far this year.

5 Aug 2026 10:45 am
Anthropic signs $10B AI cloud deal with Volta

Anthropic has signed a massive $10 billion deal with AI cloud start-up Volta.

5 Aug 2026 10:13 am
SpaceX revenue doubles with Starlink and AI compute deals

SpaceX has announced a whopping 92% jump in revenue for the second quarter, its first earnings report since going public.

5 Aug 2026 9:54 am
SpaceX reports 92% revenue jump, driven by AI and Starlink

SpaceX has announced a whopping 92% jump in revenue for the second quarter, its first earnings report since going public.

5 Aug 2026 9:54 am
China's services growth slows to 10-month low

China's services sector growth has slowed down to its lowest pace in nearly a year, with the Purchasing Managers' Index (PMI) falling sharply from 54.1 in June to 50.4 in July.

5 Aug 2026 9:51 am