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Business Standard

Hyderabad / Business Standard

McDonald's hit with class action alleging AI-powered menu price-fixing

The lawsuit, filed on Friday, said McDonald's violated US antitrust law by conspiring with independent franchisees to fix prices using algorithms trained on nonpublic data

7 Oct 2026 10:04 am
Donald Trump Jr repaid costs of wedding celebrations, says Russian oligarch

The Russian oligarch who helped bankroll Donald Trump Jr.'s wedding celebration says the president's eldest son has paid back the money. Yes, he did, Umar Kremlev told an International Boxing Association press conference in Istanbul on Tuesday. He did repay the money I spent on the present. Still, he said he felt the repayment was unnecessary. Frankly speaking, I do not understand why he decided to do so, he went on. There are all kinds of events organized by all kinds of people. It is as if I i

7 Oct 2026 8:17 am
10 years of inflation targeting: How elephant was driven away to the jungle

India's inflation-targeting framework has anchored price expectations, but economists see scope to refine its mandate

2 Oct 2026 11:17 pm
Datanomics: Services cushion shrinks as trade deficit pushes CAD deeper

Within the BoP, the current account yielded a deficit (CAD) in the first quarter of financial year 2026-27 (Q1FY27), reversing the surplus seen in Q4FY26, as the merchandise trade deficit widened

2 Oct 2026 11:12 pm
The birth of the G2?

Xi's US state visit signals that, for Mr Trump at least, the G2 age has begun

2 Oct 2026 11:10 pm
Govt should have made RBI's 2022 inflation failure report public: Janak Raj

We are still in the early stages of reaping the full benefits of FIT. It is, therefore, imperative to remain focused on the primary objective, he said

2 Oct 2026 11:07 pm
The familiar 'this time is different'

If Anthropic gets the target valuation it wants, Anthropic and SpaceX together will be worth almost as much as the entire South Korean stock market

2 Oct 2026 11:06 pm
What Chinese archives reveal about the 1962 war

How India and China came close to avoiding a war before domestic politics got in the way

2 Oct 2026 11:02 pm
MPC external members should be appointed full-time, says Chetan Ghate

Ghate says flexible inflation targeting has established a credible nominal anchor, while stronger monetary-fiscal coordination remains important for managing inflation

2 Oct 2026 11:00 pm
Crossing the wine-dark sea: Making sense of a deeply complicated past

Wilson is a longstanding champion of the classics. She has also been vocal about the need to engage more deeply with the process of interpretation and translation of the ancient texts

2 Oct 2026 10:56 pm
Don't blame El Nio alone

This year's southwest monsoon has ended with a 13% deficit over the long-period average, and India is still bracing for the full impact of a 'super', or 'Godzilla', El Nio

2 Oct 2026 10:50 pm
Want to become a regional corporate giant: Milky Mist's TSathish Kumar

It is a myth that a firm needs a corporate office in a high-rise in a major city like Chennai or Bengaluru, Kumar says. The Milky Mist corporate office sits directly above factory in a rural setting

2 Oct 2026 10:44 pm
Galactic Nobel? International Space Station contender for Peace Prize

The International Space Station is among the names in focus ahead of the October 9 Nobel Peace Prize announcement, alongside political leaders and humanitarian groups

2 Oct 2026 10:36 pm
Anthropic warns govt actions could hurt revenue, customer relationships

Anthropic's IPO prospectus says government actions and attitudes towards the AI company could cause revenue losses, business disruptions and reputational harm

2 Oct 2026 10:33 pm
1991 reforms: Quant analysis shows liberalisation gains are petering out

India's global percentile ranking has improved modestly since 1991, but weak per capita gains and external vulnerability remain key drags

2 Oct 2026 10:33 pm
US Fed may skip October rate hike as labour market cools more than expected

US employers added just 29,000 jobs in September, well below expectations, while the unemployment rate rose to 4.2 per cent, weakening the case for an October rate hike

2 Oct 2026 10:31 pm
Donald Trump expected to name Jay Clayton as new US AI czar: Report

Clayton already oversees 18 US intelligence agencies as the nation's top spy; his appointment would mark a shift from Trump's first AI czar, venture capitalist David Sacks

2 Oct 2026 10:29 pm
Yemen hits 20 Houthi targets as US deploys another carrier to West Asia

Fighting intensifies in Yemen's Taiz province as the US deploys another aircraft carrier and 10,000 sailors and Marines amid heightened tensions with Iran

2 Oct 2026 10:27 pm
Tracking the outliers: 10 stocks zoom ahead amid weak and volatile markets

Just about 38% of BSE 500 stocks have delivered positive returns in the past year

2 Oct 2026 10:13 pm
Slew of corrections dent largecap funds' long-term return picture

Average 5-year performance hardly above fixed income returns

2 Oct 2026 9:59 pm
Mines ministry auctions 2 J&K limestone blocks to spur mineral development

The Koot-Kapran and Wantrag blocks in Anantnag have estimated limestone resources of 4.75 million tonnes and 10.853 million tonnes, respectively

2 Oct 2026 9:56 pm
HDFC Bank succession settled; execution test awaits new CEO Anup Bagchi

Deposit mobilisation, loan growth, margin recovery and senior management continuity could emerge as key priorities for Anup Bagchi

2 Oct 2026 8:51 pm
G7 to release 100 mn barrels of diesel, other reserves through IEA

Co-ordinated release, including a frontloaded diesel supply, aims to stabilise global energy markets

2 Oct 2026 8:33 pm
Irdai commission cap plan sparks concern among insurance brokers

Brokers say lower payouts may not necessarily translate into cheaper premiums and could instead squeeze servicing economics, trigger consolidation, and weaken insurance distribution

2 Oct 2026 8:16 pm
Bajaj Finance plans to raise up to 175 bn via QIP, preferential warrants

The company plans to raise up to 117 billion through a QIP and another 58 billion through preferential warrants to promoter and holding company Bajaj Finserv

2 Oct 2026 7:39 pm
RBI names Sudhakar Malli executive director, to oversee bank supervision

Malli has around three decades of experience, including over two and a half decades in supervising banks, NBFCs and co-operative banks

2 Oct 2026 7:21 pm
Challenge Group suspends Mumbai cargo flights over Navi airport setup

Malta-based Challenge Group says Navi Mumbai airport's current operational setup does not provide the reliability and certainty required for its cargo services

2 Oct 2026 5:40 pm
MPC internal members must think independently of RBI: Ashima Goyal

Ashima Goyal says the inflation-targeting band gives the MPC the flexibility to look through temporary food inflation

2 Oct 2026 5:18 pm
New launches, chronic portfolio to maintain growth for Zydus Lifesciences

Strong domestic formulations, chronic therapies, new US launches and a complex-product pipeline have supported the rally, though valuations now stand above historical averages

2 Oct 2026 2:53 pm
Asiad 2026: Parveen overcomes Chen in tense final to secure boxing gold

Parveen became only the third Indian woman boxer to win an Asian Games gold medal after MC Mary Kom and Lovlina Borgohain

2 Oct 2026 2:47 pm
SC orders vehicle seizure, licence renewal curbs over unpaid e-challans

The Supreme Court directed states and UTs to recover unpaid e-challans by seizing vehicles and blocking registration, fitness, PUC and ownership-transfer services until outstanding fines are cleared

2 Oct 2026 2:25 pm
Day after opening, Barapullah Phase-III flyover remain heavily congested

The corridor, approved in 2014 and expected to be completed by 2017, was inaugurated by Home Minister Amit Shah earlier this week

2 Oct 2026 10:56 am
RTX recieves $24.4 billion US Navy missile deal to boost SM-6 output

RTX secured a five-year US Navy contract to accelerate production of SM-6 missiles as Washington seeks to replenish weapons stockpiles amid Iran war

2 Oct 2026 9:52 am
Ahimsa against extinction

India cannot be a bystander to superintelligence

1 Oct 2026 11:04 pm
35 years on, govt remains firmly in the business of doing business

India's privatisation drive has remained slow, with the government retaining a significant commercial presence across key sectors.

1 Oct 2026 10:50 pm
CAFE III: Hastening slowly

The norms do not accelerate the needed transition

1 Oct 2026 10:39 pm
NPS Swasthya: Buy base health cover to complement super top-up offering

Investors should compare the premiums under NPS Swasthya with those of the standalone super top-ups offered by insurance companies

1 Oct 2026 10:29 pm
Gains for Indus Towers hinge on Vodafone Idea capex, Africa expansion

Brokerages see growth improving as Vodafone Idea steps up network spending and Indus Towers expands into Africa, with higher dividends expected from FY27 onwards

1 Oct 2026 7:25 pm
Govt considers cutting import duties on pulses to cool prices: Report

India may cut import duties on lentils and yellow peas to boost supplies and curb food inflation as weak monsoon raises concerns over domestic pulse output

1 Oct 2026 4:43 pm
Fund Review: Mirae Asset Large & Midcap Fund

Fund Review: Mirae Asset Large & Midcap Fund

1 Oct 2026 4:08 pm
OpenAI, Synopsys team up to build GPT model for AI-powered chip design

Under the multi-year agreement, the companies will jointly develop and deliver GPT-Synopsys, combining OpenAI's frontier AI capabilities with Synopsys' EDA tools and chip design expertise.

1 Oct 2026 12:26 pm
Gross GST collections rise 14.7% to over 2.03 trillion in September

Domestic GST revenue rose 10.1 per cent, while collections from imports jumped 26 per cent; net GST collections increased 18.1 per cent after refunds

1 Oct 2026 12:02 pm
Active vs passive funds: 88% success in large-caps but only 26% over 10 yrs

Across the broader equity universe, more than 50% of active funds outperformed their passive counterparts over the one-, three-and five-year periods, although the 10-year success rate was below 40%

1 Oct 2026 10:52 am
DoorDash opens first India office in Hyderabad, plans 3,000-plus jobsv

The Hitec City hub starts with 500 professionals and will support customer experience, integrity and corporate functions for DoorDash's global operations

30 Sep 2026 1:52 pm
Selective reform

Election Commission has not addressed key weaknesses in SIR

29 Sep 2026 10:25 pm
Best of BS Opinion: Constraints can help sharpen strategy

Constraints force priorities, expose weak assumptions and reward systems that learn to work within limits rather than pretend those limits do not exist

22 Sep 2026 6:15 am
Central bank may bring clarity on Tata Sons listing amid recast talk

The RBI could soon release a communique mandating an early listing of Tata Sons to remove any ambiguity in its earlier missive

22 Sep 2026 12:05 am
Ansell's Investment in India to Strengthen Supply to Key Strategic Markets and Enhance Customer Centricity

Coimbatore (Tamil Nadu) [India], September 21: Ansell, a global leader in safety, inaugurated its new manufacturing facility in Kovai today, reinforcing the company's ongoing capital investment in its long-term strategic objectives. The facility is already producing for the local market, with additional capacity coming online in the months ahead to support Ansell's key strategic markets.

22 Sep 2026 12:00 am
Russia's ruling party wins big in Kremlin-managed Parliament vote

There was a record turnout of 59.32%, according to election commission chief Ella Pamfilova.

21 Sep 2026 11:37 pm
One year of GST 2.0: Bharat shines, small car sales revive in auto sector

According to Fada, most of the revival happened in small-car sales due to better-performing rural markets

21 Sep 2026 11:33 pm