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India Industry and Business

J&K first to secure MeitY nod for establishing Centre of Excellence in AI

Bold News Online Desk Apr 8, 2026

JAMMU, APRIL 08: In a significant stride towards strengthening the digital and innovation ecosystem of the Union Territory, Jammu & Kashmir has secured formal approval from the Ministry of Electronics and Information Technology (MeitY) for the establishment of a state-of-the-art Centre of Excellence (CoE) in Artificial Intelligence (AI) at…

Raj Kundra Speaks Out Amid Legal Battle, Demands Fair and Final Verdict

Bold News Digital Apr 8, 2026

Mumbai, Apr 08 : Businessman Raj Kundra has broken his silence amid ongoing legal developments, stating that he is ready to face the outcome of a fair judicial process but refuses to be judged by public opinion. In a strongly worded message…

Hong Kong Firm Launches Arbitration Against Maersk Over Panama Port Dispute

Bold News Digital Apr 8, 2026

Mumbai, Apr 08 ; A subsidiary of Hong Kong-based conglomerate CK Hutchison has launched arbitration proceedings against Danish shipping giant Maersk, escalating a high stakes dispute over control of strategic port operations along the…

BIz & Economy

KreditBee Raises $280 Million, Achieves Unicorn Status with $1.5 Billion Valuation

Bold News Digital Apr 8, 2026

Bengaluru, Apr 08 : Based digital lending platform KreditBee has successfully raised $280 million in a fresh funding round, propelling the company into the unicorn club with a valuation of $1.5 billion. The round includes $220 million in…

BIz & Economy

RBI Holds Repo Rate Steady at 5.25% in First FY27 Policy Amid West Asia Ceasefire

Bold News Digital Apr 8, 2026

Mumbai, Apr 8: The Reserve Bank of India (RBI) on Wednesday decided to keep the policy repo rate unchanged at 5.25% in its first monetary policy review for the financial year 2026-27, citing rising global uncertainties and ongoing…

Asian Stocks Surge on News of US–Iran Ceasefire Japan’s Nikkei Rockets 4.6%

Bold News Digital Apr 8, 2026

Asia, Apr 08 : The Asian stock market saw a sharp rebound on Wednesday following the announcement of a ceasefire between the United States and Iran, ending a six-week conflict that had slowed global economic activity. Japan’s Nikkei 225 led…

BIz & Economy

Belgian Court Recommends Government Approve Mehul Choksi’s Extradition

Bold News Digital Apr 8, 2026

Mumbai, Apr 08 ; The Antwerp Court of Appeal has advised the Belgian government to proceed with the extradition of fugitive businessman Mehul Choksi to India on six out of seven alleged charges, according to officials. The recommendation,…

BIz & Economy

Finance Minister Signals Scope for Rate Cuts Ahead of MPC Meeting

Bold News Digital Apr 7, 2026

New Delhi, Apr 7: Finance Minister Nirmala Sitharaman indicated that the Reserve Bank of India may consider reducing interest rates or introducing targeted measures to support key sectors. Her remarks come just ahead of the Monetary Policy…

BIz & Economy

RBI Plans Stricter Oversight for Banking Agents to Boost Financial Inclusion

Bold News Digital Apr 7, 2026

New Delhi, Apr 6: The Reserve Bank of India has proposed tighter regulations for business correspondents to improve banking services in rural and underserved areas. The move focuses on strengthening supervision, restructuring compensation…

BIz & Economy

Air India & Tata Digital Losses Drag Tata Sons’ New Ventures Toward ₹29,000 Crore Setback:…

Bold News Digital Apr 7, 2026

India, Apr 07 : A group of emerging businesses under Tata Sons is expected to record a massive combined loss of nearly ₹29,000 crore in FY26, significantly overshooting earlier projections of ₹5,700 crore. The sharp rise, based on internal…

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