Business News

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Blinkit caters to Kumbh Mela pilgrims, delivering essentials in minutes

17 Jan 2025

China

China achieves 5% GDP growth target in 2024

China has reported a 5% growth in its Gross Domestic Product (GDP) for 2024, meeting its official target.

16 Jan 2025

Finance

Crafting rainwater harvesting systems for household savings

In India, where water scarcity is a pressing issue, rainwater harvesting has become a game-changer.

16 Jan 2025

Finance

HRA tax-saving secrets every employee should know

For many salaried employees in India, understanding House Rent Allowance (HRA) can feel as confusing as navigating a maze with no map! Yet, HRA holds the key to reducing your tax burden significantly. Wondering how to unlock these savings?

16 Jan 2025

Finance

Optimizing mobile data plans for financial efficiency

In the modern digital era, mobile data has emerged as a new form of electricity for the majority of Indians.

16 Jan 2025

Finance

Pause your EMIs? Here's the real cost of loan moratoriums

In times of crisis (like the current one), banks in India might provide a loan moratorium, which lets you pause your loan payments for a while.

16 Jan 2025

Finance

Here's an insurance guide for homestay owners in India

The booming popularity of platforms like Airbnb has led to a surge in homeowners in India converting their properties into homestays.

16 Jan 2025

Finance

Injuries costing you gold? Get insured like a pro today

Insurance is frequently neglected by amateur athletes in India, but it's vital for their well-being and financial security.

16 Jan 2025

Layoff News

Oil giant British Petroleum to lay off 4,700 employees

Oil giant British Petroleum (BP) has announced plans to cut thousands of jobs as part of a major cost-cutting effort.

16 Jan 2025

Flipkart

National Start-up Day 2025: These are India's top 10 unicorns

On January 16, India observes National Start-up Day, a day dedicated to recognizing the innovation and creativity that drives the growth of start-ups across the country.

16 Jan 2025

Infosys

Infosys Q3 profit rises 11% YoY to ₹6,806cr, beats estimates

Indian IT giant Infosys has reported an 11.4% year-on-year (YoY) rise in its net profit for the third quarter of FY25.

16 Jan 2025

Ashwini Vaishnaw

8th Pay Commission approved! Government employees set for salary increase

The Union Cabinet has approved the setting up of the 8th Pay Commission to revise the salaries of Central government employees.

16 Jan 2025

Startups

Texas start-up—on a mission to bring back extinct animals—raises $200M

Colossal Biosciences, a leader in the emerging field of de-extinction, has raised $200 million in a Series C funding round.

NCLAT admits Meta's appeal against CCI's data-sharing ban, ₹213cr fine

The National Company Law Appellate Tribunal (NCLAT) has admitted Meta's appeal against a Competition Commission of India (CCI) ruling.

16 Jan 2025

Bombay High Court

Torres Jewellery scam: Investigators estimate losses in hundreds of crores

The Mumbai-based chain, Torres Jewellery, is at the center of a large-scale financial scandal that could potentially cost investors hundreds of crores.

16 Jan 2025

Amazon

Amazon acquires Indian fintech firm Axio to expand credit services

Amazon has announced its acquisition of Axio, an Indian 'buy now pay later' start-up.

16 Jan 2025

Adani Group

Hindenburg Research—short-seller that accused Adani Group of fraud—shuts down

Hindenburg Research, the US-based investment research firm known for its impactful short-selling reports, is shutting shop.

15 Jan 2025

Insurance

Is your new car losing value fast? Here's why

Ever wondered why your shiny new car seems to lose its value the second you drive it off the lot? In India, vehicle depreciation is more than just a buzzword—it's a reality check for every car owner.

15 Jan 2025

Finance

Why Indian families must scale insurance with their dreams

Insurance plays a pivotal role in financial planning, particularly for families aiming to fortify their future against life's uncertainties.

15 Jan 2025

Indian Government

What triggers a 'tax audit'? Top reasons how to avoid

Income tax audits are thorough examinations of an individual's or a company's financial records by the Indian government to confirm compliance with the Income Tax Act, 1961.

15 Jan 2025

Olympics

India's banks now back young athletes with specialised sports loans

India's sports dreams are reaching for the stars, but talent without funding is like a race with no finish line.

15 Jan 2025

Finance

Miss these R&D tax breaks? You're losing money fast

India's innovation engine is revving up, and tax breaks for R&D could be your biggest ally.

15 Jan 2025

Finance

Tired of lump sum loans? Switch to flexible credit now

Think loans are all about lump sums and fixed EMIs? Think again! India's borrowing scene is getting a fresh twist with line-of-credit loans — a game-changer for cash-on-demand flexibility.

15 Jan 2025

Finance

How Indian seniors can slash taxes and save lakhs

India offers several tax benefits to senior citizens under the Income Tax Act, 1961. These benefits are designed to minimize their tax liability and provide financial comfort during their retirement years.

14 Jan 2025

Finance

Strapped for cash? Why pawnbroking loans are a smart bet

In times of financial crunch, imagine turning your gold jewellery or a prized heirloom into instant cash - no bank queues, no tedious paperwork, and definitely no credit history woes!

15 Jan 2025

Finance

Master estate planning in India with life insurance hacks

Estate planning is a vital aspect of securing your financial legacy and providing for your loved ones after your passing.

15 Jan 2025

Finance

Why Dividend Distribution Tax hits shareholders twice in 2025

Hold onto your wallets! The Dividend Distribution Tax (DDT) is back—but it's no longer a one-hit burden.

15 Jan 2025

Swiggy

Swiggy gets government nod to launch sports subsidiary, Swiggy Sports

Swiggy has received the nod from Ministry of Corporate Affairs (MCA) to set up its new sports subsidiary, Swiggy Sports.

15 Jan 2025

Zepto

Zepto will now deliver your ASUS accessories in 10 minutes

Leading tech accessory brand in India, ASUS, has announced its partnership with quick commerce platform Zepto.

15 Jan 2025

India

India's electronics exports touched 2-year high of $3.6B this December

India's electronics exports surged 35.11% to $3.58 billion in December 2024, reaching the highest level of shipments in two years, according to Commerce Ministry data.

15 Jan 2025

Union Budget

From tax cuts to GST: Expectations from Union Budget 2025

With the Union Budget 2025 just around the corner, middle-income households in India are hoping for some income tax revisions. These could go a long way in easing their financial burden.

15 Jan 2025

Indian Rupee (INR)

Indian Rupee rallies, records best single-day gain in 7 months

The Indian Rupee staged a remarkable recovery today, bouncing back from an all-time low to post its best single-day gain in more than seven months.

15 Jan 2025

Dubai

Forget cash and cards! UPI now accepted across the UAE

NPCI International Payments Limited (NIPL) has announced a strategic partnership with Magnati, a leading payment solution provider in the United Arab Emirates.

15 Jan 2025

Finance

Crafting financially inclusive hobbies for Indian families

In the hustle and bustle of modern life, discovering hobbies that entertain, educate, and empower financial inclusivity can be transformative for Indian families.

15 Jan 2025

Finance

Is your office offering meal youchers? Here's why it should

Meal vouchers are a popular employee benefit in India, offered by employers to their employees as a perk.

15 Jan 2025

Finance

Throwing light on insurance for yoga instructors in India

Yoga, the ancient Indian discipline, has become a global phenomenon, and being a yoga teacher is cooler than ever.

15 Jan 2025

Finance

Paying or receiving alimony? How taxes factor in

Divorce isn't just about breaking hearts; it's about breaking the bank too, and one of the biggest financial debates is alimony.

15 Jan 2025

Finance

Want to monetize your hobby? Hobby loans make it possible

Ever dreamt of turning your passion into a paycheck? Well, in India, hobby development loans are here to make it happen!

15 Jan 2025

Finance

India's loan lifeline for oceanic research and exploration

India's deep seas are turning into a goldmine of possibilities—think renewable energy, deep-sea mining, and untapped marine biodiversity.

15 Jan 2025

Finance

Health crisis? Emergency loans are saving lives in India

When a health emergency strikes, the last thing you want to worry about is how to pay for treatment. Enter emergency medical loans—a lifeline for countless families across India.

15 Jan 2025

Finance

Everything about e-commerce taxation in India

The rise of the digital marketplace has transformed the way businesses operate, necessitating a paradigm shift in global taxation policies.

15 Jan 2025

Finance

How divorce in India affects your insurance policies

Divorce isn't just about splitting assets and untangling emotions—it also shakes up your insurance game.

15 Jan 2025

Finance

Simplifying apprenticeship incentives for Indian employers

In India, apprenticeships serve as a vital link between education and the world of work, providing practical training to students and recent graduates.

15 Jan 2025

Finance

Crafting financially savvy pet care plans in India

Pets hold a special place in the hearts and homes of numerous Indian families, bringing comfort and happiness.

15 Jan 2025

Starbucks

Starbucks India won't stop you from using restroom without purchase

Starbucks India has confirmed that it will not restrict restroom use or facility access without a purchase.

15 Jan 2025

Meta

India: Meta may pause some features due to antitrust ruling

US tech giant Meta Platforms Inc has warned it may have to "roll back or pause" some features in India.

15 Jan 2025

Germany

German economy contracted for 2nd consecutive year in 2024

Germany's economy, which is the biggest in Europe, shrunk for the second consecutive year in 2024.

15 Jan 2025

Sundar Pichai

Google CEO Sundar Pichai bids for London cricket team

Sundar Pichai, the CEO of Alphabet Inc (parent company of Google), is among a consortium that has bid more than £80 million for a London-based cricket team.

15 Jan 2025

ChatGPT

Could ChatGPT go down? NYT's lawsuit against OpenAI raises questions

The New York Times and other news organizations have sued OpenAI, the maker of ChatGPT.

15 Jan 2025

Layoff News

Google-backed unicorn ShareChat to lay off 5% of workforce

Indian social media platform ShareChat, which is backed by Google and Temasek, is preparing to lay off about 5% of its workforce, as per Moneycontrol.

15 Jan 2025

Bajaj Finserv

Bajaj Finserv, Allianz SE's 25-year partnership may end this March

Bajaj Finserv, headed by Sanjiv Bajaj, is ending its nearly 25-year-old partnership with Munich-based insurance giant Allianz SE.

15 Jan 2025

Apple

Made-in-India iPhones: Tata's production surges 180% to ₹40,000cr

Tata Electronics, a Tata Group subsidiary, has ramped up the production of Apple's iPhones by a significant margin in 2024.

15 Jan 2025

NVIDIA

NVIDIA invests in start-up that creates digital twins using AI

NVIDIA, the global leader in artificial intelligence (AI) chips, has invested in MetAI, a Taiwanese start-up focused on AI-powered digital twins.

15 Jan 2025

PepsiCo

PepsiCo joins race to acquire stake in Haldiram, talks underway

PepsiCo, the multinational food and beverage corporation, has initiated talks to buy a minority stake in Haldiram Snacks Food, India's top ethnic snacks company.

15 Jan 2025

Elon Musk

Elon Musk faces SEC lawsuit over Twitter deal disclosure timing

Elon Musk is being sued by the US Securities and Exchange Commission (SEC) in a federal lawsuit over his purchase of Twitter (now called X).

15 Jan 2025

Finance

How women-specific loans are powering India's economic renaissance 

In India, women-specific loans are changing the game for empowerment, sparking entrepreneurship and economic participation.

15 Jan 2025

Finance

Let's explore penalties for tax evasion in India

Tax evasion is a criminal offense in India, and the Income Tax Act of 1961 stipulates severe penalties and imprisonment for violators.

15 Jan 2025

Finance

Throwing light on asset-backed securities loans in India

Asset-backed securities (ABS) loans enable investors to buy interests in pools of loans (like auto or home loans) in India. This emerging market provides a new avenue for portfolio diversification.