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Business News Today: Latest Business News, Finance News

Tracking prices, deals, Google’s AI-powered ‘Universal Cart’ will reshape how you shop online Taking charge CBI launches anti-corruption crackdown on tri-services; 4 senior officials under scanner in 5 months Bosch Ltd Q4FY26 net profit rises 3% to ₹569 crore on strong auto demand Maharashtra tops vehicle sales in FY26, Uttar Pradesh in two-wheelers SEBI proposes easing third-party payment norms in mutual funds SEBI’s revised savings formula lifts India’s FY25 savings ratio by 47 basis points No change in user development fees at Navi Mumbai airport for FY 27 Melody’s sweet viral moment thanks to Modi’s toffee diplomacy Apollo Hospitals Q4FY26 net profit up 36% at ₹529 crore RBI reworks draft loan recovery directions following industry feedback Jubilant FoodWorks consolidated net profit up 67% in Q4 Surat FPO turns cow-dung based bio-inputs into natural farming business Maharashtra tops vehicle sales in FY26, Uttar Pradesh in two-wheelers Commerce Dept maps import substitution, export push amid West Asia concerns Heavy Industries Ministry consults industry to speed up e-buses, e-trucks Mythos AI can weaponise minor bugs into major cyberattacks, warns Cloudflare SMR Jewels ₹67 crore IPO opens May 26; price band set at ₹128–₹135 per share TSF Group and Bosch plan JV for electronically-controlled air system products for CVs Broker’s call: Zydus Lifesciences (Accumulate) ‘Sweetening relationships since 1983’: Parle reacts to Modi gifting Melody to Meloni Dayanidhi Maran’s son Karan Maran to launch new entertainment venture SEBI proposes easing third-party payment norms in mutual funds Redington Solar to distribute FIMER’s string inventor portfolio Pocket Milma to hike milk price by ₹4 per litre from June 1 Leather exports dip 1.6% in FY26 amid US tariffs, West Asia crisis Grasim Industries Q4 net up 28% on better margin Wipro scion Tariq Premji buys ultra-luxury Bengaluru penthouse in CBD zone Chemists urge PM’s intervention against “uncontrolled” sale of medicines through online platforms Southwest Airlines to expand India global centre to 1,000 employees, executive says Heavy Industries Ministry consults industry to speed up e-buses, e-trucks Banks step up hiring of apprentices to cut costs, expand operations MANN+HUMMEL bets on India growth, expands R&D footprint with Tumakuru centre India eyes S Korea’s military industry might to fuel defence aatmanirbharta Congress back in the Tamil Nadu government after 59 years Wagh Bakri warns of sharp hit to West Asia exports, delays tea shipments by 45 days LMW reports 33% increase in consolidated net profit in Q4’26 India Staffing Federation renews pitch to GST rationalisation ahead of GST Council meet India to witness high memory prices for next 18 months: IESA President Greece’s Eurobank sets up India office; eyes HNI accounts, trade deals Ladakh Astro Week opens under Himalayan night skies AxisCades Aerospace eyes ₹6,000-crore Karnataka investment; project to create 74,000 jobs New financial services features on app to help work in collaboration with banks, says NPCI BHIM Services MD Aditya Birla Capital to raise ₹4,000 crore via preferential issue Samvardhana Motherson Q4 FY net profit grow by 46% y-o-y to ₹1,561.56 crore CAG offered its initiatives to CCI to discharge its responsibility more effectively Investment affected by lack of demand Samsung Galaxy A57 5G. Slinky slab with a premium vibe OnePlus Pad 4. A natural evolution Broker’s Call: Indraprastha Gas (Buy) Personalisation is the missing link in employee health and well-being Dr Reddy’s launches oral semaglutide biosimilar Obeda Kerala Cabinet portfolios finalised; CM V. D. Satheesan retains Finance, Law, and Ports Leather exports dip 1.6% in FY26 amid US tariffs, West Asia crisis Karnataka Grameena Bank gets PFRDA award for Atal Pension Yojana enrolment India’s treasury-bill yields surge on rate-hike expectation Milma to hike milk price by Rs4 per litre from June 1 Amagi records ₹34 crore PAT in Q4FY26, turns profitable Bombay House tightens grip on JLR as Tata Motors seeks to restore its crown jewel Nifty erases gap-down, closes higher as energy stocks lead recovery Mills’ association urges TN CM Vijay to resolve power issues affecting textile mills VD Satheesan scraps Kerala's K-Rail SilverLine project from Thiruvananthapuram to Kasaragod BIT Expands Regulatory Footprint with BVI FSC Approval for Matrixport Technologies Ltd Zydus Cancer Hospital, Ahmedabad marks 200+ Stereotactic Radiotherapy (SRT)/SRS for Brain Tumours Baazar Style Retail Delivers Strong FY26 Performance with 37% Revenue Growth Modi’s toffee gift to Meloni ignites rally in the wrong stock Comviva recognized in the 2026 Gartner® Market Guide for Digital Commerce Payment Platforms DataArt India Draws New International Projects as Bengaluru Team Enters Its Fourth Year India’s Steel Boom Faces a Carbon Challenge, Says Asia Research & Engagement GHO Capital and CBC Group to Create World’s Largest Dedicated Healthcare Investment Firm Blenders Pride Packaged Drinking Water Introduces ‘Reserved Experiences’: Redefining Flavour Through Multi-Sensory Discovery ATxSummit 2026 Opens with Shared Regional Ambition to Harness AI for Public Good Autonomous AI marketing platform Protaigé launches with Maia, the world's first AI Account Director that operates within the flow of work Visa and Trip.com Group Ink Strategic Collaboration, Enabling Consumers to Chase Their Passions Through Travel Exicom Delivers its Strongest Quarter of FY26 as Both Businesses Return to Sharp Growth Wav.Tech Launches WAV Mobile to Help Consumers and Dealers Address Rising Counterfeit Watch Risks Woxsen University’s Dr. Raul Villamarin Rodriguez Joins Poets&Quants’ Global 40 Under 40 Elite List Two-day Global Prosperity Summit 2026 officially opens Persistent Earns Top Honors for the Third Consecutive Year in Extel’s 2026 Asia Executive Team Survey FIMER Announces Strategic Partnership With Redington Solar To Strengthen Pan India Distributor Network Dubai Reinforces Role as Global Growth Platform for Indian Businesses With 3,995 New Companies Joining Dubai Chamber of Commerce in Q1 2026 50% employees rely too much on AI, 39% say it is making them less intelligent: GoTo report NCDEX launches derivative on Mumbai monsoon Ola Electric cuts losses, but revenue plunges 56% in Q4FY26 Cement companies' profitability to moderate in FY27 on rising fuel, logistics costs: ICRA PM Modi meets Italian President, discusses ways to boost bilateral ties Mills’ association urges TN CM Vijay to resolve power issues affecting textile mills India’s AI-led workforce expansion estimated to add nearly 79 mn sq ft of office space Sensex today | Stock Market Highlights: Stock markets rebound; Sensex climbs 117 points on fag-end buying L&T's Vyoma & Open Dhi partners to strengthen sovereign cloud infra Rupee hits record low near 97/USD on oil, US Treasury yield strain VD Satheesan scraps Kerala's K-Rail SilverLine project from Thiruvananthapuram to Kasaragod AI and autonomous agents set to transform ERP systems, says McKinsey Report Customers trust banks with data, but only fully satisfied with fraud resolution: EY Report Odisha govt asks universities, colleges to encourage students to use ''Shaktishree'' app FMCG industry could see volume growth softening if higher crude oil prices, weather stress persist No relief in memory prices visible over next 12-18 months, says IESA president India has leverage to pressure Russia to end Ukraine war: Estonian FM India secures oil supply with steady Russian crude inflows
Indian scientists create world’s first AI-designed gene editor for crops
2026-05-18 · via Business News Today: Latest Business News, Finance News

In a breakthrough that could redefine crop biotechnology, scientists at the Indian Council of Agricultural Research’s Central Rice Research Institute have developed and experimentally validated the world’s first AI-designed genome-editing tool for plants, marking a major advance beyond the existing CRISPR systems that depend on naturally occurring microbial proteins.

Gene editing works like a molecular scalpel, allowing scientists to precisely cut and rewrite sections of a plant’s DNA to develop traits such as higher yield, climate resilience or disease resistance without introducing foreign genes. Until now, these tools relied on proteins borrowed from bacteria and other microbes found in nature. The Indian team’s breakthrough lies in showing that artificial intelligence can design entirely new enzymes from scratch that work efficiently inside plants. This could open the door to tailor-made editing systems that could be cheaper, more versatile and less constrained by global CRISPR patents.

Led by scientist Kutubuddin Ali Molla, the team showed that AI-designed enzymes can accurately edit plant DNA, enabling gene knockout, base editing and prime editing in crops. While a US company had earlier developed a similar AI-designed system for human cells, this is the first successful demonstration in plants.

Speaking to businessline, Molla said the research has been accepted for publication in New Phytologist, a reputed international plant science journal. “Unlike current genome-editing platforms that mostly depend on naturally occurring microbial proteins, our invention shows that computationally designed enzymes can also support robust gene knockout, base editing, and prime editing in crops. The platform may open new avenues for building customized genome-editing systems for agriculture and could also help address some intellectual property limitations associated with existing CRISPR technologies,” he said.

The new platform, named Plant-OpenCRISPR1 (POC1), builds on OpenCRISPR-1 (OC1), an AI-generated nuclease developed for human cells. Scientists say the advance is significant because genome editing has so far depended on a narrow pool of bacterial enzymes such as Cas9 and Cas12a, which often face limitations in plant systems.

AI-driven protein designing is now transforming nuclease engineering by leveraging large language models trained on the vast natural diversity of protein sequences, he added.

“We have developed and validated a suite of OC1-based genome-editing tools for plants, taking rice as a model, that support highly efficient gene knockout, base editing, and prime editing, demonstrating the versatility of AI-designed nucleases in plant systems,” Molla said.

Like OC1, POC1 will be open for academic and commercial use. Molla said AI-driven protein design, powered by large language models trained on vast protein databases, is now transforming next-generation genome engineering and could have major implications for biotechnology and food security.

The research team included Priya Das, Romio Saha, Debasmita Panda, Chandana Ghosh, S P Avinash, Sonali Panda and Mirza J Baig from CRRI, Cuttack.

Published on May 18, 2026