Technology
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SpaceX Q1 Revenue Jumps 92% Amidst Stock Pressure
SpaceX’s Q1 revenue surged 92% to $7.81B, driven by Starlink and AI. Despite growth, stock faces pressure from insider lock-up expiry.

Android Privacy Risks: Business Model Threats for Investors
EFF uncovers unconsented Android data sharing, exposing significant business model risks for tech investors reliant on ad revenue and third-party SDKs.

TRAI Blocks 1.48 Billion Calls in Q1 FY27
TRAI blocked 1.48 billion promotional calls and 7.30 billion SMS in Q1 FY27, reinforcing Do-Not-Disturb (DND) regulations to protect consumers from unsolicited communications.

SpaceX’s $329M Tesla Megapack Investment for AI Data Centers
SpaceX invests $329M in Tesla Megapacks for AI data centers in 2026, showcasing critical demand for Tesla’s Energy segment and Elon Musk’s dual role.

India Eyes UPI Merchant Charges: RBI to Set Fees
India proposes reinstating Merchant Discount Rates (MDR) on UPI P2M transactions over ₹2,000, empowering RBI to set fees and boost payment platform revenue.

AI Scams: Protect Your Money from $6.3 Billion in Losses in 2025
AI-driven scams cost consumers $6.3 billion in 2025. Learn how to protect your finances from sophisticated AI fraud, government impersonation, and more.

Elevation Capital Sells ₹2,038 Cr Paytm Shares
Elevation Capital divests ₹2,038 Cr in Paytm shares via bulk deals, reducing its stake in the Indian fintech giant. Learn about the transaction details and buyers.

Gwalior Telecom Zone: ₹5,500 Cr Investment, 18,000 Jobs
India’s first Gwalior Telecom Manufacturing Zone attracts ₹5,500 Cr investment, set to create 18,000 jobs. Union Minister Jyotiraditya Scindia confirms major industry commitments.

AI Job Risk: Wealthy Nations More Vulnerable Than Developing
World Bank report: Generative AI threatens jobs 3x more in high-income countries (14.2%) than developing economies (4.5%), despite similar productivity gains.

India’s Got Latent: Watch Culture Debate Ignites
The ‘India’s Got Latent’ episode sparked a viral debate on watch culture, contrasting ultra-luxury Richard Mille with Indian craftsmanship via Rotoris.

Deepfake Sitharaman Video Scams Businessman Out of ₹1.07 Crore
Pune businessman loses ₹1.07 crore to a deepfake Nirmala Sitharaman forex investment scam. Fraudsters used fake returns and promises to deceive the victim.

India Pursues AI Strategic Autonomy, Cuts Foreign Tech Reliance
India is driving ‘strategic autonomy’ in AI, focusing on building domestic capabilities and reducing reliance on foreign technology to secure its future in global advancements.

Pune Businessman Loses ₹1.07 Crore in Fake SpaceX Investment Scam
A Pune businessman lost ₹1.07 Crore in a sophisticated fake SpaceX investment scam. Learn about the risks of pre-IPO investment fraud.

US Gas Prices Hit $4.10 Amid War and Spending Surge
National average gas prices reach $4.10/gallon on Aug 3, 2026, influenced by the Iran war and a projected 14% surge in US energy spending.

OfBusiness Exports Surge Past ₹2,500 Cr in FY26, Driven by Global Diversification
SoftBank-backed OfBusiness sees exports more than double to over ₹2,500 crore in FY26, now 12% of revenue, fueled by global sourcing shifts and expansion into 70+ markets.

LIC Stake Sale: Impact on Indian Financial Stocks
Government’s 6.5% LIC stake sale for $3.3B impacts Indian financial sector, highlighting key players like CDSL. Learn more.

India’s Data Centre Growth Fueled by New Tax Bill, Says Nasscom
India’s data centre sector set for major growth and global appeal with the new Taxation and Other Laws (Amendment) Bill, 2026, simplifying tax exemptions and regulations.

Jio Financial’s Kamath: Platforms to Eclipse Banks
Jio Financial Chairman K V Kamath predicts tech platforms will dominate India’s financial sector, surpassing traditional banks and NBFCs, driven by AI and digital infrastructure.

Vi Bundles Spotify Premium with New Prepaid Plans
Vodafone Idea (Vi) launches new prepaid plans offering Spotify Premium at no extra cost, combining data, calls, and music streaming for budget-conscious shoppers.

India Mandates Crypto Reporting for Financial Institutions
India expands tax regulations to include crypto holdings, requiring financial institutions to report digital assets and enhance transparency to curb tax evasion.

SEBI Overhauls Portfolio Manager Rules for New Investment Avenues
SEBI proposes major changes to Portfolio Managers Regulations 2020, aiming to expand investment options and simplify compliance for India’s growing PMS industry.

Dhoot Transmission IPO: INR 3,066 Cr Launch in August 2026
Dhoot Transmission plans a massive INR 3,066.89 Cr IPO from Aug 10-12, 2026, to reduce debt and expand manufacturing. Details inside!

HDFC Bank Upgrades Wealth Platform with Infosys Finacle
HDFC Bank enhances wealth management services by implementing Infosys Finacle’s modern, API-driven platform, streamlining operations and expanding investment options for affluent clients.

Finance Pros: Blend Skills & Tech for Future Success
Dr. Arindam Banerjee stresses that finance professionals must integrate technological proficiency with financial expertise to succeed in the rapidly evolving financial services sector.

CAMS Q1 FY’27 PAT Surges 17.3% to ₹128 Cr on Strong Growth
Computer Age Management Services (CAMS) reports a 17.3% YoY rise in Q1 FY’27 consolidated PAT to ₹128 Cr, driven by 11.5% revenue growth and strong performance in mutual fund and non-mutual fund businesses.

India Boosts Electronics Investment with Tax Law Amendments
India’s Finance Minister Nirmala Sitharaman amends tax laws, offering global electronics manufacturers enhanced clarity and long-term tax certainty to boost investment.

Top 10 Online Brokers 2026: Forbes Advisor Rankings
Forbes Advisor reveals the top 10 online brokers for 2026 after evaluating over 30 institutions on costs, services, and more. Find the best platform for your needs.

India & Uzbekistan Forge Rare Earths, Pharma Partnership
India and Uzbekistan strengthen economic ties, focusing on rare earth minerals, pharmaceuticals, and technology, signaling a new era of industrial cooperation.

PhonePe Mutual Funds: 5X SIP Growth, 500K Investors
PhonePe Mutual Funds achieves 5X daily SIP growth and attracts over 500K investors, with strong adoption from non-metro areas and younger demographics since its launch.

WhatsApp Glitches Block Video & Image Sharing Globally
WhatsApp users worldwide, particularly in India, experienced major disruptions preventing video and image sharing due to widespread app glitches. Reports surged on Downdetector.