Vaishnavi Mishra

SEBI must allow open market buybacks again: Pai on FPI selling

Former Infosys CFO Mohandas Pai reacted to the record foreign portfolio investor (FPI) selling and rising geopolitical tensions affecting the Indian stock market, especially small investors. "SEBI should urgently allow listed companies to do open market buybacks again. Time to act," Pai said on X. "Cash-rich companies should buy back stocks to stabilise markets," he added.

Mar 23rd, 2026

SEBI must allow open market buybacks again: Pai on FPI selling

Mansi Agarwal

US startup Cursor has admitted it used Chinese firm Moonshot AI's Kimi K2.5 model as the base for its new AI model Composer 2, described as "frontier-level at coding". The disclosure came after an X user flagged Composer's model ID, with Elon Musk responding, "Yeah, it's Kimi 2.5." Cursor Co-founder Aman Sanger said not crediting Kimi earlier was a "miss".

Mar 23rd, 2026

Cursor admits using Chinese AI model for new product after Elon Musk's post

Ishaan Mukherjee

US Securities and Exchange Commission has closed its four-year-old probe into EV startup Faraday Future with no action against the firm. The probe was to verify the startup's claims about a 2021 merger with a special purpose acquisition company, and its first EV sales figures in 2023. The SEC took depositions of multiple ex-employees in 2024 and 2025, TechCrunch reported.

Mar 23rd, 2026

US SEC closes 4-yr-old probe into EV startup Faraday Future; no action taken

Ishaan Mukherjee

Bengaluru-based AI cloud startup Kluisz is in advanced talks to raise around $25 million (about ₹235 crore) in a fresh round led by Greenoaks. The firm's AI-powered private cloud platforms help companies automate and manage complex tasks across various sectors. This comes as investments in deep-tech rise after the Centre announced the ₹1 lakh crore RDI scheme in November 2025.

Mar 23rd, 2026

B'luru-based AI startup Kluisz plans to raise ₹235 crore: Report

Ashley Paul

A spike in oil prices can affect even those Indians who don't drive cars, as costlier fuel increases transportation costs, which can make daily-use items more expensive. Additionally, chewing gum, toothpaste, deodorants and cosmetics use oil-based compounds, while clothing materials like nylon and polyester are derived from petrochemicals. Plastics used in packaging and toys also depend on oil.

Mar 23rd, 2026

How can oil prices affect even those people in India who don't drive cars?

Anushka Singh

Amazon India Vice President Abhinav Singh said India has tremendous space for e-commerce to grow. “Amazon is very optimistic about the long-term potential in India. There is the demographic dividend…the GDP is growing at a rapid pace," he said. He further added that growth is visible in Tier 2 and Tier 3 cities in India as e-commerce adoption rises.

Mar 22nd, 2026

Tremendous space for e-commerce growth in India: Amazon India VP

Anushka Singh

The Ministry of Mines has said that it will launch the seventh tranche of auctions for 19 critical minerals across several states on Monday. The ministry has so far successfully launched six tranches of auctions for 46 critical and strategic mineral blocks, it further said. The minerals include lithium, graphite, tungsten, titanium and vanadium, which are geographically concentrated, it said.

Mar 22nd, 2026

Govt to launch 7th auction tranche for 19 critical mineral blocks

Vaishnavi Mishra

Domestic institutional investors (DIIs), who invested ₹1 lakh crore in equities in 39 trading sessions this year, took 12 sessions to deploy another ₹1 lakh crore. The surge in buying comes amid a sharp correction in markets triggered by Middle East war. DIIs saw record inflows of over ₹7.75 lakh crore in 2025 and over ₹5.23 lakh crore in 2024.

Mar 22nd, 2026

DIIs took 39 days to invest ₹1 lakh cr in 2026, take just 12 to invest another ₹1 lakh cr

Vaishnavi Mishra

Chinese robot-making startup Unitree Robotics filed an IPO application to the ‌Shanghai Stock Exchange, seeking to raise $610 million. This will potentially become one of China's biggest onshore tech listings in years. Unitree's operating income grew 335% year-on-year in 2025, while net profit soared by ​674%. It shipped over 5,500 units last year, occupying 32.4% of the global humanoid market.

Mar 22nd, 2026

China's robot-making firm Unitree plans IPO after recording 674% rise in profit

Vaishnavi Mishra

The war in the Middle East is disrupting India's supply chains, as several sectors rely on Gulf imports. Higher risks to shipping routes are raising freight costs and delaying deliveries. This is widening India's current account deficit as oil import bills rise. Prices of LPG and non-energy imports like fertiliser, precious metals and polymers may increase, affecting everyday consumer prices.

Mar 22nd, 2026

How Middle East conflict is affecting daily life in India?

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