Mansi Agarwal

OpenAI accuses Musk of 'legal ambush' ahead of over $100-bn trial

OpenAI has accused Elon Musk of a "legal ambush" over changes to his lawsuit demands weeks before a high-stakes trial. Musk, who earlier sought $79 billion to $134 billion in alleged "wrongful gains", has amended his lawsuit to direct any damages he may win to OpenAI's charitable arm. Musk sued OpenAI over its shift to a for-profit structure.

Apr 11th, 2026

OpenAI accuses Musk of 'legal ambush' ahead of over $100-bn trial

Daisy Mowke

Indian rupee moved from ₹45 in July 2000 to ₹55 against US dollar by May 2012 (11 years 10 months). It touched ₹65 by August 2013 (1 year 3 months), ₹75 by March 2020 (6 years 7 months), ₹85 by December 2024 (4 years 9 months), ₹95 by March 2026 (1 year 3 months), according to data shared by Groww.

Apr 11th, 2026

How long did the rupee take to fall by ₹10 at different points?

Mansi Agarwal

Fintech startup KreditBee became a unicorn after raising $280 million this week. Other startups that secured major funding include deeptech firm Nava ($22 million), defence tech company Tsecond.ai ($21.5 million) and Aman Gupta's venture OFF/BEAT (around $10.7 million). Food brand Pluckk and accounting tech startup Atlas raised about $10.7 million and $6 million, respectively.

Apr 11th, 2026

Which startups raised the most funding this week?

Daisy Mowke

The duty on export of diesel has been increased from ₹21.5/litre to ₹55.5/litre. Duty on ATF (Aviation Turbine Fuel) has been increased from ₹29.5/litre to ₹42/litre. The Special Additional Excise Duty on high-speed diesel has been raised to ₹24 per litre, while the Road and Infrastructure Cess now stands at ₹36 per litre, according to Economic Times.

Apr 11th, 2026

Govt hikes export duty on diesel, ATF

Ankit Tiwari

Long queues were seen outside Rameshwaram Cafe's new outlet in Bengaluru's Bommasandra, as it offered complimentary food trials before opening to the public. The video showing the rush outside the outlet surfaced online. "Once in 5 years, people don't have the same patience to wait in line to vote," a person reacted to the video.

Apr 11th, 2026

Long queues for free food at Rameshwaram Cafe’s new Bengaluru outlet

Sourav Kumar

SEBI launched three IT platforms, including SUPCOMS, e-adjudication portal, and C-SAC aiming at cybersecurity. SUPCOMS enables easily accessible communications with external entities replacing traditional interactions. The e-adjudication portal digitally enables quasi-judicial proceedings while C-SAC strengthens cybersecurity supervision of SEBI-regulated entities by analysing cyber audit reports.

Apr 11th, 2026

SEBI launches 3 IT platforms to boost business ease, cybersecurity

Sourav Kumar

SEBI chairman Tuhin Kanta Pandey hailed India's financial landscape, assuring global investors that the country continues to be an attractive destination. He said, "India remains open and welcoming to global capital. SEBI's approach is...facilitative with a strong focus on simplifying access for foreign investors." "India is among the...fastest-growing major economies globally," he added.

Apr 11th, 2026

India remains open and welcoming to global capital: SEBI chairman

Sourav Kumar

E-way bill generation crossed 140.6 million in March, the highest in the GST regime that was rolled out in July 2017, reflecting buoyant business activity and improved compliance. The figure was 6% higher than the previous month and 12% higher YoY. An e-way bill is an electronic document that evidences the movement of goods indicating tax paid on them.

Apr 11th, 2026

India e-way bills hit record 140.6 million in March, up by 12% YoY

Ishaan Mukherjee

Google has bagged a power distribution (discom) licence for its upcoming data centre hub worth $15 billion (about ₹1.4 lakh crore) in Visakhapatnam, Andhra Pradesh. The project will have a capacity of 1 GW and is the largest single foreign direct investment in the country's history. Google is the first private company to get such a licence in Andhra Pradesh.

Apr 11th, 2026

Google bags discom licence for ₹1.4 lakh cr Andhra data centre hub

Ishaan Mukherjee

Gold ETF net inflows fell to ₹2,265.68 crore in March, down 56.9% from ₹5,254.95 crore in February, according to Association of Mutual Funds in India data. This fall comes after gold prices saw a steep plunge earlier amid geopolitical uncertainty in the Middle East. Despite the slowdown, it had a strong quarterly net inflow of ₹31,561 crore in March quarter.

Apr 11th, 2026

Gold ETF inflows fall 57% to ₹2,266 crore in March: Report

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