Ashley Paul

Anthropic's revenue run-rate more than triples in a year, hits $30 billion for first time

Claude-maker Anthropic saw its revenue run-rate, or expected revenue based on current revenue, for 2026 hit $30 billion for the first time. This is more than triple the run-rate revenue of $9 billion that Anthropic recorded in 2025. The startup also announced that the number of customers spending $1 million annually more than doubled to over 1,000 in two months.

Apr 7th, 2026

Anthropic's revenue run-rate more than triples in a year, hits $30 billion for first time

Anushka Singh

OpenAI has urged US' California and Delaware to investigate alleged "improper and anti-competitive behaviour" by Elon Musk and his associates. This comes after Musk sued OpenAI for violating the non-profit's founding mission by restructuring as a for-profit entity. OpenAI's Chief Strategy Officer Jason Kwon said Musk's lawsuit could undermine their efforts to ensure AI benefits all of humanity.

Apr 7th, 2026

OpenAI asks for investigation into Musk for 'anti-competitiveness'

Garima Garg

Member of PM's Economic Advisory Council, Professor Shamika Ravi, shared a map comparing India's poverty levels in 2011-12 and 2023-24. According to the map, poverty in India has reduced from 29.5% to 3.9% in the same period. Several states, including Uttar Pradesh, Bihar, Jharkhand, Chhattisgarh, Madhya Pradesh, West Bengal, and many north-eastern states, saw their poverty levels plunge sharply.

Apr 6th, 2026

Member of PM's Economic Council shares map comparing India's poverty in 2011-12 & 2023-24

Vinayak Nair

Everstone-backed Delhi-based SaaS firm Wingify Software Private Ltd raised around ₹1,381 crore through a rights issue, with participation from existing investors following its majority acquisition in 2025. Wingify, co-founded by Paras Chopra, said the funding is aimed at supporting growth, global presence and product capabilities. Wingify also allotted 1,07,439 equity shares under ESOP in 2025.

Apr 6th, 2026

Everstone-backed Wingify raises ₹1,381 cr via rights issue

Vinayak Nair

A judge in US' Nevada upheld ban on New York-based prediction market operator Kalshi from offering event-based contracts that would allow residents to bet on ​sports and other events without the firm getting a gaming license. Nevada is the only state to secure a court-enforced, in effect ban ​against Kalshi. The judge extended earlier 14-day restraining order till April 17.

Apr 6th, 2026

US judge extends ban on Kalshi's operations

Ankush Verma

Products made from a barrel of oil (159 litres) are 42% petrol, 27% diesel, 10% jet fuel and 4% LPG. Other products include 7% petrochemical feedstocks, 5% marine fuel/heavy fuel oil, 2% lubricants and waxes, and 3% asphalt. Crude oil prices rose ₹91 to ₹9,284 per barrel, hovering near its record levels, in futures trade on Monday.

Apr 6th, 2026

What's in a barrel of crude oil?

Ankush Verma

A cargo ship named Selen, which was travelling to Pakistan's Karachi but was denied permission to cross Strait of Hormuz, is now heading to India. According to marine traffic website Marine Traffic the ship is now headed to Mumbai. The ship was denied permission by Iran as it failed to comply with legal protocols.

Apr 6th, 2026

Ship travelling to Pakistan, which was denied permission to cross Hormuz, now heading to India

Ankush Verma

Amul has become the first fast-moving consumer goods (FMCG) company in India to cross the ₹1 trillion turnover milestone. Amul posted around 11% growth in FY26, a Business Standard report said on Monday. The company has expanded its fresh milk offerings in regions such as Europe and the United States.

Apr 6th, 2026

Amul becomes 1st Indian FMCG company to hit ₹1 trillion turnover

Anushka Singh

OpenAI CFO Sarah Friar raised concerns over the timing of a potential public listing, saying the company may not be ready in 2026, The Information reported. She reportedly told colleagues that a vast scale of internal preparation was required while procedural work is still underway. Friar also raised concerns over financial risks tied to OpenAI's spending plans, the report said.

Apr 6th, 2026

OpenAI CFO Sarah Friar raises concerns over 2026 IPO timeline: Report

Anushka Singh

B2B manufacturing firm Zetwerk has restructured its leadership and expanded the board ahead of its upcoming IPO, Moneycontrol reported. The company has reportedly inducted former telecom secretary Aruna Sundararajan to its board. While CEO Amrit Acharya will take the additional role of chairman, and co-founder Rahul Sharma has been appointed as managing director of new vertical, the report said.

Apr 6th, 2026

Zetwerk reshapes leadership, expands board ahead of IPO: Report

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