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ChatGPT, used by over 100m Indians, to now show ads to free users

On 9 February, OpenAI announced a pilot plan for advertisements within ChatGPT, barely five days after cross-town rival Anthropic released a statement claiming that its ChatGPT counterpart, Claude, is a space to think and will remain ad-free.

27 Aug 2026 7:00 am
India's semiconductor investment push gains pace as Tata, L&T chip in

Starting January 2025, Tata Electronics, Murugappa Group's CG Power, and HCL Group have announced semiconductor projects worth 1.29 trillion under the India Semiconductor Mission. Since then, these firms have invested 3,345 crore in semiconductor manufacturing and assembly plants.

27 Aug 2026 6:20 am
Founders, investors launch 250 cr fund to back impact-focused startups

TILT is targeting a funding gap faced by early-stage businesses serving low-income communities, which often take longer to build product-market fit, distribution and sustainable economics than conventional venture-backed businesses.

27 Aug 2026 6:00 am
Strong AI chip demand fuels Nvidias Q2 results well beyond Wall Streets expectations

Strong AI chip demand fuels Nvidia's Q2 results well beyond Wall Street's expectations

27 Aug 2026 2:36 am
HPs decline in PC shipments overshadows strong results; shares fall

HP-RESULTS:HP's decline in PC shipments overshadows strong results; shares fall

27 Aug 2026 2:22 am
Salim Ramjis Vanguard strikes $4 billion deal to buy wealth platform Altruist: Report

Vanguard agrees to acquire Altruist for about $4 billion, expanding its wealth management and financial advice business.

26 Aug 2026 8:36 pm
Prudential to sell up to 2% stake in ICICI Prudential AMC worth around 3,190 crore

Prudential is pricing the deal in the range of 2,998-3,158 per share, representing a 2-7% discount to ICICI Prudential AMC's Wednesday closing price of 3,222.80 on the NSE

26 Aug 2026 8:09 pm
Selling property in India as an NRI? Know these special tax rules, TAN requirements

NRIs face special tax rules when selling property in India that differ from those for residents. TDS rates vary by capital gains type. Buyers must ensure proof of TAN acquisition and TDS payment for registration.

26 Aug 2026 7:32 pm
HDFC Bank faces US class action over alleged securities law violations

Jwalant Natvarlal Soneji, an HDFC Bank investor, filed a securities-fraud class-action complaint on 13 August in the US District Court for the Southern District of New York against the lender.

26 Aug 2026 7:19 pm
Top FD interest rates in India: Check fixed deposit returns of DCB Bank, YES Bank, RBL Bank and more

A comparison of fixed-deposit rates from 16 Indian banks covering five maturity categories up to 1 crore is provided, detailing rates as of 24 August 2026. 

26 Aug 2026 4:45 pm
Planning to start a family? Here's why employer's group health cover is not enough for maternity needs

New-age health covers allows couples to get covered well before pregnancy and better align insurance with their family plans

26 Aug 2026 3:10 pm
Have undisclosed foreign assets worth 1 cr? Here's when you pay 60L and 1L in tax under FAST-DS scheme

The FAST-DS scheme allows small taxpayers to disclose foreign assets and income until December 31, 2026. Affected taxpayers must pay an additional levy based on asset category, which varies significantly between undisclosed and already-taxed foreign assets.

26 Aug 2026 2:47 pm
Mint Explainer | Will the new H-1B rules reshape the Indian IT strategy?

The US has raised the H-1B visa fee to over $100,000 and paused new visa appointments globally to train staff on new visa rules. How will it impact Indian workers and companies?

26 Aug 2026 2:09 pm
Indiabulls signs deal for 3,700 crore Gurugram project; expands realty portfolio to 27,308 crore: Report

The project's start date comes ahead of the festive season, a time when residential demand increases, a factor the company expects to tap into once registrations for sale open.

26 Aug 2026 1:39 pm
Mechanical Turk: Why is Amazon shutting down crowdsourced work platform which jeff bezos called Artificial AI?

Amazon is shutting down Mechanical Turk, its crowdsourced work platform, on 30 September, 2026. Launched in 2005, the service connected workers with tasks such as data labelling and surveys, but faced declining investment, growing competition, and questions over data quality.

26 Aug 2026 1:02 pm
India ticks all the boxes for long-term investors: CPPIB

CPP Investments sees data centres, infrastructure and real estate as key opportunities in India as the countrys economic growth, expanding middle class and digital economy drive demand for new assets.

26 Aug 2026 12:27 pm
OpenAI data centre chief Chris Malone exits as executive departures mount, US backlash over AI infrastructure grows

Malone joined the company in March 2025, and is now leaving after one-and-a-half years. His previous stints were at other tech giants like Meta and Google.

26 Aug 2026 12:04 pm
Deloitte to pay US govt $21.5 mn to settle 'discriminatory' practices claims, months after IBM agreed to pay $17 mn

Accounting and consulting giant Deloitte has agreed to pay the US government $21.5 million to settle allegations that it violated federal contracting laws by discriminating based on race and sex. The settlement comes as the Trump administration steps up its crackdown on corporate DEI practices.

26 Aug 2026 11:42 am
Anthropic sees $30 trillion TAM as it looks to surpass SpaceX's $28.5 trillion largest actionable market: Report

This large TAM will help the company justify its valuation as well as its heavy spending on infrastructure, guide its product priorities, as well as frame its rivalry with other AI giants like OpenAI and Google.

26 Aug 2026 10:39 am
Meta reportedly discussing a mid-trial settlement as the case by 29 state attorneys general enters its second week

Meta is reportedly discussing a mid-trial settlement in a case brought by 29 states accusing it of designing Facebook and Instagram to addict teens. The company faces potential penalties of up to $1.4 trillion if it loses the trial.

26 Aug 2026 8:58 am
Indian ITs mid-caps are gaining ground in the bank battle

Indias mid-sized IT firms are outpacing larger rivals in BFSI revenue growth, benefiting from challenger banks, new clients and greater flexibility as large firms face insourcing and vendor consolidation.

26 Aug 2026 6:00 am
Shree Naman Group wins bids for JW Marriott Bengaluru, Crowne Plaza Pune at 1,800 crore

Shree Naman Group wins bids for two Advantage Raheja Group properties after a six-month bidding process under the insolvency resolution mechanism.

26 Aug 2026 6:00 am
Hero MotoCorp opts for an unorthodox strategy for its leadership reset

Hero MotoCorp has appointed five senior executives from non-two-wheeler backgrounds to steer its shift toward electric vehicles, premium motorcycles, and exports. 

26 Aug 2026 6:00 am
US-based Plaud bets India can outpace its global AI wearables growth

Plaud's expansion into India comes at a time when India's wearables market is estimated to hit $3.6 billion this year.

24 Aug 2026 3:31 pm
PPF, SSY, NSC, KVP, MIS or Time deposit: Which post office scheme saves the most tax?

Small savings schemes vary based on individual needs and tax situations. Notable options include PPF with 7.1% interest, SSY at 8.2%, and NSC at 7.7%, each with tax benefits, lock-in periods, and unique characteristics.

24 Aug 2026 3:13 pm
PPF calculator: 1,000, 5,000 or 10,000 monthly investment can build this corpus in 15 years

PPF investment calculator: See how 1,000, 5,000 and 10,000 monthly investments could grow over 15 years at 7.1%. Check the PPF returns, tax benefits, contribution limits and long-term savings. 

24 Aug 2026 2:23 pm
Going abroad? Your EPF rules may change if you are an International Worker

Working abroad or hiring a foreign national in India? EPFOs International Worker rules can change how much you contribute, when you can withdraw EPF and how social-security benefits work.

24 Aug 2026 2:14 pm
Tax regime switch: why ticking the box is not enough for business, professionals

On examining the return and the applicable compliance requirements, we found that the taxpayer had selected the new tax regime but had not furnished Form 10-IEA. The department consequently processed the return under the old regime.

24 Aug 2026 2:07 pm
LIC's record OFS stirs the 'near-zero' deal advisor fee debate again

LICs 31,500 crore share sale will earn its four investment banks a paltry 4 lakh in fees in total, reviving concerns over aggressive undercutting as banks chase prestige and future mandates, while the smaller advisors risk being priced out.

24 Aug 2026 1:28 pm
Only 3 equity savings funds delivered 10%+ SIP returns in 5 years; HSBC led at 12.54%, check the full list

Only three equity savings funds delivered 10%+ SIP returns over five years, led by HSBC Equity Savings Fund at 12.54%. Edelweiss and Kotak also crossed 10%, while the 10-year data shows HSBC continuing to lead the category.

24 Aug 2026 1:27 pm
Gold jewellery worth lakhs goes missing from Mumbai, Kanpur bank lockers Do banks compensate theft?

Recent thefts from bank lockers in Kanpur and Mumbai raise concerns about security. The Reserve Bank of India regulates locker facilities and has capped the compensation limit.

24 Aug 2026 1:26 pm
Embassy REIT unitholder flags alleged disclosure lapses, questions Axis Trustee role before SEBI

A complaint to SEBI by an Embassy REIT unitholder accuses delayed disclosures of criminal cases involving its sponsor and promoters. Embassy Group refuted the claims, labeling them as unfounded attempts to damage its reputation, citing previous court dismissals of similar allegations.

24 Aug 2026 12:42 pm
Why airfares are rising even as fewer Indians fly

Airlines are cutting flights faster than demand is falling, keeping planes more than 85% full and leaving passengers with fewer chances of cheaper fares.

24 Aug 2026 12:09 pm
Why Ramayana could change how Indian films travel overseas

Sony Pictures distribution of Ramayana could help Indian films break beyond diaspora audiences. Global studios bring scale and reach, while Indian distributors offer local insightmaking hybrid models an increasingly compelling route for ambitious films.

24 Aug 2026 11:59 am
IHCL to merge Oriental Hotels in all-stock deal, adding 825 rooms

The merger will simplify IHCLs holding structure, give it direct ownership of seven OHL hotels and allow it to deploy its balance sheet on upgrades and expansion.

24 Aug 2026 11:54 am
SCSS: How much should a senior citizen invest to earn 25,000 every quarter at 8.2%?

SCSS can help generate a predictable retirement income. At the current 8.2% interest rate, an investment of around 12.20 lakh can earn nearly 25,000 every quarter before tax. Understanding its key features is essential for planning a steady income.

24 Aug 2026 11:53 am
Nomura sees strong public market momentum, global buyout interest in India

Nomura expects Indias public markets to remain active as QIPs and block deals gain ground, while global buyout funds with dry powder continue to scout for large India opportunities.

24 Aug 2026 10:02 am
Third Wave Coffee raises 408 crore from Westbridge Capital as it takes coffee play to more cities

Third Wave Coffee has raised 408 crore from existing investors Westbridge and Creaegis as it targets 400-500 stores, expands into smaller cities and builds new food and beverage categories.

24 Aug 2026 10:01 am
KPMG Australia cuts 400 jobs amid ongoing scandal, slowed demand for consulting services: Report

KPMG Australia is cutting around 400 jobs, or 5% of its workforce, amid weak economic conditions, falling consulting demand, and the fallout from a scandal involving confidential client information. Revenue and partner pay also declined, while its CEO expects tough conditions to persist

24 Aug 2026 9:54 am
Alibaba stock slumps in Hong Kong after $10.2 billion share placement to fund AI

ALIBABA-FUNDRAISING:Alibaba stock slumps in Hong Kong after $10.2 billion share placement to fund AI

24 Aug 2026 7:45 am
Indian jewellers roll out cash-for-gold schemes ahead of festive season

As the festive season approaches, companies are optimistic about increasing demand despite previous purchasing hesitations due to elevated prices.

24 Aug 2026 5:45 am
Centre flags semaglutide rules in India's weight-loss journey

Without domestic standards, Indian manufacturers have been relying on internal protocols or foreign manuals to manufacture weight-loss drugs, a market that CareEdge expects to cross $347 million in India sales by 2035.

24 Aug 2026 5:36 am
Centre grants four-month relief to renewable projects hit by West Asia war

The provision will protect clean energy developers from the risk of penaltiesincluding encashment of bank guarantees, payment of daily extension fees, other financial compensation or reduction in contracted tariffsfor missing their project completion deadlines.

24 Aug 2026 5:31 am
Brown-Forman Family Members Rebuked Companys Management

Weeks after Brown-Forman Corp. announced it had terminated discussions to combine with spirits group Pernod Ricard SA, two members of the family that controls the owner of Jack Daniels drafted a letter to the board. Their assessment was withering.

24 Aug 2026 2:26 am
Volkswagen to cut jobs? CEO Oliver Blume warns employees carmaker's situation more than critical

Volkswagen CEO Oliver Blume warned employees the carmaker's position is more than critical adding that the company and the German car industry is facing the biggest upheaval in their history due to global headwinds and Chinese competition. 

23 Aug 2026 11:03 pm
AI creates more jobs than it cuts in India, but freshers are losing out, says report

The shift towards AI is not always resulting in large-scale job cuts. Instead, many companies are reducing the number of new employees they hire.

23 Aug 2026 10:52 pm
United Airlines CEO Scott Kirby eyes JFK expansion, South America routes, 737 Max 10 revamp

United Airlines CEO Scott Kirby outlines plans to expand at JFK, add global routes and tackle 737 Max 10 seat plans amid rising demand.

23 Aug 2026 10:32 pm
Urban Company sues Kent in Delhi HC over 'unsafe', 'risky' Native purifier claims; RO firm to withdraw ads

Urban Company has sued Kent RO in the Delhi High Court over ads calling its Native water purifiers unsafe and risky. Kent told the court it would remove the disputed ads and social media posts within 15 days.

23 Aug 2026 10:12 pm
Grasim eyes 2 lakh crore revenue in FY27 as growth platforms scale up: KM Birla

Grasim Industries set to reach a consolidated revenue of 2 lakh crore in FY27, nearly double the level five years ago, driven by a diversified portfolio spanning building materials, financial services, digital commerce and renewable energy, says Chairman KM Birla.

23 Aug 2026 9:37 pm