Daily Republic News
- Business
- May 30, 2026
Why India Receives Only 1% Of Global Private Investment In AI?
India’s artificial intelligence led expansion is driven by several factors including its talent pool, and high-scale digital adoption, however, the gap lies lie in funding and infrastructure, which could have an impact its AI-linked future as per the State of India’s Digital Econ Read More
- Business
- May 30, 2026
Mumbai’s CNG Price Surges To Rs 86 Per Kg After MGL’s Second Price Hike
Mahanagar Gas Limited, a natural gas distribution major, has elevated the price of compressed natural gas (CNG) to Rs 86 per kg across the Mumbai Metropolitan Region by Rs 2 per kilogram.The rise is the second since the Rs 2 per kg on 14 May.The increased rate applies across Mumb Read More
- Business
- May 29, 2026
Key Takeaways From RBI’s FY26 Annual Report Ahead Of MPC Meeting
Ahead of Reserve Bank of India’s Monetary Policy Committee (MPC) in June, India’s central bank noted that the South Asian country’s gross domestic product (GDP) surged to 7.6%, up from 7.1 per cent in the previous year.On the demand side, private final consumption expenditure and Read More
- Business
- May 29, 2026
RBI Annual Report: India GDP Jumps To 7.6%, Annual UPI Payments Cross 200 Billion
India maintained its position as the world’s fastest-growing major economy, defying global financial pressures to post a robust GDP expansion of 7.6%.The Reserve Bank of India’s latest annual report highlights a resilient domestic market. Strong consumer spending and active corpo Read More
- Business
- May 29, 2026
Retrospective GST On Online Gaming: What The SC Verdict Means For Operators
The Supreme Court recently upheld retroactive tax liabilities that target real-money gaming networks. The ruling validates past Goods and Services Tax demands totaling a massive ₹2.5 lakh crore. For many major operators, this total significantly exceeds all the revenue they have Read More
- Business
- May 29, 2026
ILO Pushes For Gig Workers Pay Hikes: Will Swiggy, Ola, And Uber Comply?
While algorithm plays a pertinent role in decided earnings for gig workers employed by ride-hailing platforms and food delivery giants like Ola, Uber, and Swiggy, delivery drivers should be offered a “different payment” during heatwaves, according to a top-level International Lab Read More
- Business
- May 29, 2026
LIC Stock Down 50% Today? Why India’s Biggest Insurance Stock Is Not Actually Crashing
Millions of retail investors in India woke up to an apparent shock on Friday morning. Portfolios showed the state-run Life Insurance Corporation of India (LIC) flashing deep red, down over 50 percent.The benchmark stock dipped from its previous close of Rs 855.15 down to around R Read More
- Business
- May 29, 2026
Inside the Nifty IT Surge: What’s Suddenly Driving LTIMindtree and Infosys to Fresh Highs?
India’s benchmark technology index surged more than 2.5% in morning trade on Friday. Heavy institutional buying and strong global cues triggered a massive short-covering rally across major IT stocks.The Nifty IT index opened strong at 29,347.50 and quickly scaled an intra-day hig Read More
- Business
- May 29, 2026
Policybazaar Parent PB Fintech In Focus As Founders Plan 3.8 Million Share Block Deal
Shares of PB Fintech, the parent company of Policybazaar and Paisabazaar, are set to dominate market attention on Friday. The company’s co-founders have announced plans to offload a portion of their equity through a massive secondary market block deal.Co-founders Yashish Dahiya a Read More
- Business
- May 29, 2026
Anthropic Hits $965 Billion Valuation, Dethrones OpenAI As World’s Most Valuable AI Firm
Anthropic said on Thursday it has raised $65 billion at a post-money valuation of $965 billion, as it aims to bolster computing capacity to meet growing demand for chatbot Claude and scale its products.The new valuation after the series H funding round puts Anthropic ahead of Ope Read More
