Business
Apple briefly removed Telegram from its App Store after identifying child sexual abuse material that breached the platform’s safety guidelines. The messaging application was restored after Telegram removed the prohibited content and blocked the account responsible. Telegram Removed From Apple App Store Apple temporarily withdrew Telegram after an internal review found
Business
The Union government will sell up to a 6.5% stake in Life Insurance Corporation of India through an offer for sale, potentially raising about ₹31,410 crore. LIC Stake Sale Opens to Investors The offer includes a base sale of 2% of LIC’s equity, with the government retaining an option to sell an additional 4.5% if […]
Business
Representatives of Google, Meta, X and Snapchat appeared before a parliamentary committee examining the regulation of social media platforms, online safety, data privacy and public order in India. Social Media Platforms Face Parliament Panel The Parliamentary Standing Committee on Communications and Information Technology questioned the technology companies about their
Business
Amazon has received about $600 million in US tariff refunds and plans to pass the benefit to shoppers through targeted repayments and continued investment in lower retail prices. Amazon Tariff Refund Reaches $600 Million The payment follows a US Supreme Court decision invalidating several tariffs imposed by President Donald Trump under emergency economic powers
Business
Maruti Suzuki India recorded its highest-ever monthly domestic sales in July 2026, crossing the two-lakh-unit mark for the first time as demand strengthened across its passenger vehicle portfolio. Maruti Suzuki July Sales Record The country’s largest carmaker reported domestic sales of 200,123 vehicles during July, representing growth of 42.4% from 140,570 units in the
Business
IndiGo will discontinue operations using leased wide-body aircraft from October 25, ending its interim Boeing 787 programme as geopolitical disruptions and rising costs undermine its long-haul network. IndiGo Ends Boeing 787 Operations India’s largest airline will stop operating Boeing 787-9 Dreamliners from October 25 and conclude its damp-lease arrangement with Norse
Business
Indian Oil Corporation reported its first quarterly loss in 15 quarters as higher crude oil costs and controlled retail fuel prices pushed petrol and diesel marketing margins into negative territory. Indian Oil Reports ₹2,661 Crore Loss The state-owned refiner recorded a standalone net loss of ₹2,661 crore for the quarter ended June 30, compared with […]
Business Finance
The Central government detected fake Input Tax Credit claims worth ₹74,782 crore across 30,162 cases during FY26, Parliament was informed. Authorities attributed the sharp increase to stronger artificial intelligence tools, data analytics and invoice-level verification rather than solely to a rise in GST fraud. GST Fraud Detection Rises Sharply The value of fraudulent ITC
Business
India’s food safety regulator has directed manufacturers of high-caffeine beverages to stop marketing their products as “energy drinks”, rejecting industry requests to delay the labelling crackdown. Companies have been given 90 days to comply with the order. FSSAI Restricts Energy Drink Labelling The Food Safety and Standards Authority of India said there is no recognised