Brief by Shorts91 Newsdesk / 04:09pm on 20 Feb 2026,Friday Business
Quentin Griffiths, 58, co-founder of British fast-fashion giant ASOS, has died after falling from the 17th floor of an apartment block in Pattaya, Thailand, on February 9. Thai police confirmed initial investigations suggest suicide with no indications of foul play, as CCTV showed no one entering his apartment where he lived alone. A Thai friend told police Griffiths had been stressed over lawsuits from his former Thai wife, with related documents found in his apartment. Griffiths co-founded ASOS alongside Nick Robertson in 2000, serving as marketing director until 2004. Britain's Foreign Office confirmed it is supporting the family. An autopsy has been ordered. The case gained wider attention after The Sun reported it Thursday. (PC: Shutterstock)
Brief by Shorts91 Newsdesk / 10:20am on 18 Feb 2026,Wednesday Business
Delhi Police have registered an FIR against online grocery delivery platform Blinkit after button knives allegedly used in stabbing incidents in West Delhi's Khyala area were traced to purchases made through the platform. The action follows a murder case in which minor victim Sohail died after being stabbed in the stomach near a community centre in C Block, Khyala. Two juvenile accused disclosed during questioning that the knives were ordered via Blinkit. Police conducted a decoy operation, successfully ordering button knives themselves to verify the claim. Raids on multiple Blinkit dark stores across Delhi recovered over a dozen such knives. A notice will soon be issued to the company seeking its response. (PC: X)
Brief by Shorts91 Newsdesk / 06:53am on 18 Feb 2026,Wednesday Business
Anthropic's India revenue run-rate has doubled in just four months, CEO Dario Amodei announced Monday in Bengaluru, where the AI firm officially opened its second Asian office. India is now Anthropic's largest market after the United States. Former Microsoft India Managing Director Irina Ghose will lead India operations. Nearly half of Claude's Indian usage involves coding and mathematical tasks, with Air India, CRED, and Cognizant deploying Claude to 350,000 employees globally among key enterprise adopters. Anthropic is improving performance across 10 Indian languages including Hindi, Bengali, and Tamil. The Amazon and Alphabet-backed firm, recently valued at $380 billion after raising $30 billion, announced sector partnerships across legal, education, healthcare, and agriculture. (PC: X)
Brief by Shorts91 Newsdesk / 08:47am on 17 Feb 2026,Tuesday Business
Adani Group will invest $100 billion by 2035 to build green, AI-ready data centres in India. The company said the move will create a sovereign AI backbone. It expects the investment to attract another $150 billion in related sectors. These include servers, cloud platforms and semiconductor systems. Together, this could build a $250 billion AI ecosystem. The group plans to expand its data centre capacity from 2 GW to 5 GW. It has partnered with Google in Visakhapatnam and Microsoft in Noida, Hyderabad and Pune. Shares of Adani Enterprises rose after the announcement.
Brief by Shorts91 Newsdesk / 07:37am on 13 Feb 2026,Friday Business
India will receive zero tariff benefits on certain textile exports to the United States, similar to terms given to Bangladesh, Commerce Minister Piyush Goyal said. He stated that the proposed India–US trade deal will allow duty-free access for garments made using American cotton yarn. “If raw material is purchased from America… it will be available at zero reciprocal tariff,” he said. Goyal rejected claims that Bangladesh received better terms than India. He said details will be clearer after the interim agreement is finalised. He also said Indian farmers and exporters will gain as shipments to the US and other major markets increase. (PC: NDTV)
Brief by Shorts91 Newsdesk / 02:17pm on 08 Feb 2026,Sunday Business
Commerce Minister Piyush Goyal again avoided a direct reply on US President Donald Trump’s condition that India should not buy Russian oil under the trade deal framework. Speaking to ANI, Goyal said buying crude oil, LNG and LPG from the US is in “India’s own strategic interests” as the country diversifies supply. He said the trade deal will not decide “who will buy what and from where.” He added, “The trade deal ensures that the pathway to trade is smooth and ensures preferential access.” On the Russian oil issue, he said it falls under the Ministry of External Affairs. The MEA repeated that energy purchases depend on market and security needs. (PC: HT)
Brief by Shorts91 Newsdesk / 02:08pm on 03 Feb 2026,Tuesday Business
India's Supreme Court issued a stern warning to Meta over WhatsApp's 2021 privacy policy on Tuesday. Chief Justice Surya Kant told the tech giant to "leave India" if it cannot follow the Constitution, emphasizing that no citizen's privacy will be compromised. The court ordered WhatsApp to halt all user data sharing with Meta until the case concludes. The bench criticized the policy's complex language, noting ordinary users like street vendors cannot understand such terms. Concerns were raised about commercial exploitation of user data, including targeted advertising based on private chats. This hearing addresses appeals against a ₹213.14-crore penalty imposed by the Competition Commission of India for abusing market dominance. (PC: X)
Brief by Shorts91 Newsdesk / 11:45am on 01 Feb 2026,Sunday Business
Indian stock markets closed sharply lower on Budget day after investors reacted to tax and investment signals. The Sensex fell 1,546.84 points to 80,722.94 and the Nifty50 dropped 495.20 points to 24,825.45. Losses widened after the Finance Minister’s speech. Market experts pointed to three clear reasons. First, the Budget proposed a higher securities transaction tax on futures and options trades. Second, there were no major new incentives for foreign portfolio investors. Third, foreign investors have continued to pull money out of Indian equities in recent months. PSU bank and metal stocks saw the heaviest selling during the session. (PC: India Today)
Brief by Shorts91 Newsdesk / 07:45am on 01 Feb 2026,Sunday Business
Indian stock markets first fell and then recovered partly after the Union Budget 2026 announcements. Sensex and Nifty dropped when the finance minister increased the tax on futures trading from 0.02% to 0.05%, which makes these trades more expensive. After the early fall, some large stocks saw buying and helped markets recover. HDFC, Sun Pharma, and TCS were among the main gainers during the session. Titan, Axis Bank, and ITC were among the major losers. The budget also announced ₹10,000 crore support for the biopharma sector, which pushed some pharma shares higher. Markets were open Sunday due to the Budget. (PC: HT)
Brief by Shorts91 Newsdesk / 07:31am on 01 Feb 2026,Sunday Business
Union Budget 2026 announced a new route for individuals living outside India to invest directly in Indian shares through the Portfolio Investment Scheme. The step is aimed at bringing more foreign investors into domestic equity markets. Earlier, most overseas flows came through registered foreign portfolio investors or NRI channels. The finance minister also proposed higher holding limits in listed companies for such investors. The individual ownership cap will rise from 5% to 10%. The combined cap for all such investors will increase from 10% to 24%. A market-making framework was also proposed to improve liquidity in corporate bond trading. (PC: NDTV)