US President Donald Trump defended his tariff policy, saying that "we'd be dead without tariffs". Trump said, "If our country was not able to protect itself by using tariffs against tariffs, we would be 'dead', with no chance of survival or success." The US President's remarks came before a review of his power to impose tariffs by a US court.

A new research by Cornell University showed that AI models offered biased salary suggestions. "Our results align with prior findings, which observed that even subtle signals like candidates' first names can trigger racial and gender bias in salary-related prompts," the lead author said. The AI tools often suggested lower starting salaries for women than men, the study found.

US Food & Drug Administration (FDA) has warned consumers of Celsius energy drinks to check their cans after some were accidentally filled with vodka. The mix-up came about after a packaging supplier mistakenly shipped empty Celsius cans to the vodka seltzer company High Noon, which filled them with alcohol. No illnesses or adverse events have been reported so far.

Cognizant is planning to implement salary hikes for the majority of its employees during the second half of the current year, CFO Jatin Dalal said on Thursday. He, however, noted that no firm timeline has been decided yet due to prevailing macroeconomic uncertainties. Besides Cognizant, companies such as TCS, HCLTech, and Wipro have also delayed salary hikes, News18 reported.

Sensex ended in red on Thursday despite rising sharply to hit a high of 81,803 after falling nearly 800 points at open. This comes after US President Donald Trump announced 25% tariffs on India. "Investors gravitated toward domestically oriented, non-discretionary players...which offered attractive valuations, demand outlook and relative insulation from tariff risks," expert Vinod Nair said.

A London-bound Air India flight was forced to abort takeoff at Delhi's Indira Gandhi International Airport on Thursday following a technical issue, according to a statement. "An alternative aircraft is being deployed to fly the passengers to London at the earliest. Our ground staff is extending all support and care to the guests to minimise inconvenience," the statement read.

Inflection Point Ventures has launched a $110 million angel fund, IPV International, under GIFT City's IFSCA framework. The fund targets early-stage global and Indian startups, with investments between $100,000 and $1 million. It simplifies cross-border investing for NRIs and foreign nationals, offering tax benefits and regulatory ease. IPV aims to expand its investor base.

GVP Infotech Ltd, a penny stock under ₹15, hit a 10% upper circuit to ₹10.85 after stellar Q1 FY26 results. Net profit surged 1,515% YoY to ₹2.10 crore, while revenue jumped 170% QoQ to ₹4.10 crore. The company offers IT infrastructure, fintech, cybersecurity, and outsourcing services to various clients.

PNB shares traded in a tight ₹101-₹111 range after Q1 net profit dropped 49% due to higher taxes, despite better asset quality. Analyst sees bullish bias intact if ₹101 holds, with breakout above ₹111.46 possibly targeting ₹138. Until then, stay cautious as NII and margin pressures continue amid slower credit growth.

JD.com confirmed its $2.5B Ceconomy buyout to expand in Europe, gaining access to MediaMarkt and Saturn's 1,000-store network. But retail sentiment stayed bearish, with JD's Hong Kong shares falling 3.2%. Concerns linger over the firm's aggressive spending amid recent stock underperformance and China discount wars.