The shares of Ukrainian drone maker Swarmer, whose technology allows drones to operate as a swarm, debuted on Nasdaq with a 500% premium on Tuesday. The company had launched its IPO at $5/share, with the shares listing at $12 (up 140%) before rising to an intraday high of $29.79. Swarmer has flown over one lakh combat missions in Ukraine.

Billionaire Nithin Kamath questioned why banking apps force users to give them permissions to access SMS, phone and contact details of users. "I don't use net banking apps on my phone because the mandatory permissions they ask for make no sense," Kamath said, adding, "Not seeking invasive...permissions is...global benchmark for cybersecurity." He said apps seek permissions in "name of security".

Standard Chartered bank has settled a case with market regulator SEBI for ₹57.2 lakh over alleged violations of foreign portfolio investor (FPI) norms. SEBI alleged that the bank, in its capacity as a designated depository participant, failed to disclose material changes in beneficial ownership of certain FPIs. The regulator had issued a show-cause notice to Standard Chartered in 2025.

Mastercard on Tuesday announced that it will acquire UK-based BVNK, a stablecoin infrastructure firm, for up to $1.8 billion. Mastercard said the deal, which includes a $300 million contingent payment, will "expand its end-to-end support of digital assets...across currencies". Crypto exchange Coinbase was earlier interested in a potential acquisition but called off talks last year, WSJ reported.

General Motors and battery partner LG ​Energy Solution are transforming an electric-vehicle battery plant in US' Tennessee to ​make batteries for energy storage systems. The firms, through joint venture Ultium Cell, will recall 700 laid-off ​workers to start production of lithium-iron phosphate batteries at the plant in second quarter. Ultium in January laid off workers due to slower EV sales.

The National Financial Reporting Authority (NFRA) released inspection reports of India's top accounting firms on Monday, highlighting deficiencies in their auditing process. The reports on PwC, BSR & Co, SRBC & Co, and MSKA and Associates said there were inadequate expense documents and policy execution inconsistencies. NFRA added some individual transactions couldn't be traced to their source.

India's basmati rice exports are expected to stay steady despite imports by Iran being affected by its war with US, a report by CRISIL Ratings said. The report added that higher demand from other Middle East countries may offset this fall in exports. Iran reportedly imports 14% of basmati rice while Middle Eastern and other West Asian countries import 70-72%.

Muthoot FinCorp is planning to raise $300 million (₹2,772 crore) via an IPO later this year, a Bloomberg report stated. The IPO is expected to include a mix of fresh issue shares and an offer for sale by existing investors. A Muthoot FinCorp spokesperson told Bloomberg that bankers for the IPO have not been hired yet.

According to Azim Premji University’s State of Working India 2026 report, less than 7% of male Indian graduates manage to find a permanent salaried job within a year. The proportion is 3.7% when it comes to a white-collar job. “These numbers reflect a worrying scenario,” the report said. It's the fifth State of Working India report published by the university.

According to Energy Institute data, in 2024, US and China dominated global oil consumption at 19 and 16 million barrels per day. India followed these two nations with 5.6 million barrels per day of oil consumption. Saudi Arabia consumed 4.0 million barrels per day followed by Russia (3.8 million barrels per day) and Japan (3.2 million barrels per day).