Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
05 Apr 2022
XElon Musk joining Twitter's board of directors; "significant improvements" incoming
A day after acquiring a passive stake of 9.2% in Twitter, Elon Musk is now set to join the company's board of directors.
05 Apr 2022
SensexSensex slips to 60,176.5 points, Nifty drops below 18,000
The benchmark Sensex and Nifty indices witnessed a slump on Tuesday. While the Sensex slipped 0.72% to 60,176.5 points, the Nifty shed 0.53% to 17,957.4 points.
05 Apr 2022
MumbaiFuel prices hiked again, 13th increase in 15 days
State-owned fuel retailers on Tuesday raised the price of petrol and diesel by 80 paise, the 13th increase in the last 15 days.
04 Apr 2022
XElon Musk now holds four times Dorsey's stake in Twitter
Tesla and SpaceX founder, Elon Musk, in a regulatory filing with the US Securities and Exchange Commission (SEC), has disclosed he holds a 9.2% stake in the microblogging platform Twitter.
04 Apr 2022
SensexSensex climbs to 60,612 points, Nifty crosses 18,000 mark
The Indian equity benchmarks extended their gains for the second straight session on Monday as the Sensex rose 2.25% to 60,612 points while the Nifty climbed 2.17% to 18,053.
04 Apr 2022
SensexHDFC-HDFC Bank merger: Here's everything you need to know
The merger between HDFC and HDFC Bank is finally a reality, with HDFC set to acquire a 41% stake in HDFC Bank, resulting in India's third-largest company by market capitalization.
03 Apr 2022
Mukesh AmbaniGautam Adani joins $100 billion club, surpasses Mukesh Ambani
Gautam Adani, chairman of Adani Group, is the latest member of the $100 billion club, surpassing Reliance Industries chairman Mukesh Ambani to become India's wealthiest man, according to Bloomberg's Billionaires Index.
02 Apr 2022
IndiaBuying discounted oil from Russia in national interest: FM Sitharaman
India has started procuring discounted crude oil from Russia despite concerns by the US, the Centre has confirmed.
01 Apr 2022
Supreme Court Of IndiaAmazon succeeded in 'destroying' us: Future Retail tells Supreme Court
The Future Group on Friday stated in the Supreme Court that American e-commerce giant "Amazon wanted to destroy us, and it succeeded" amid a bitter, protracted legal battle between the two companies.
01 Apr 2022
SensexSensex climbs to 59,277 points, Nifty ends above 17,650
On Friday, the benchmark Sensex and Nifty indices saw gains. While the Sensex rose 1.19% to 59,276.69 points, the Nifty jumped 1.16% to 17,670.45 points.
31 Mar 2022
SensexSensex closes at 58,568.5 points, Nifty settles below 17,500 points
The stock market closed on a flat note on Thursday with the Sensex settling at 58,568.51 points and Nifty ending flat at 17,464.75 points.
31 Mar 2022
CryptocurrencyMajor financial changes coming into effect from April 1
Several new financial changes are expected to come into effect from Friday (April 1)—the first day of the fiscal year 2022-23.
30 Mar 2022
SensexSensex climbs to 58,683.99 points, Nifty settles near 17,500 points
The benchmark Sensex and Nifty indices on Wednesday saw gains, marking a 3-day winning streak. While the Sensex rose 1.28% to 58,683.99 points, the Nifty jumped 0.99% to 17,498.25 points.
30 Mar 2022
Dearness AllowanceDA, DR for central government employees, pensioners hiked by 3%
In a major relief for central government employees, the Union Cabinet has approved the proposal to hike the dearness allowance (DA) by 3%.
29 Mar 2022
SensexSensex climbs to 57,944 points, Nifty settles at 17,325 points
The Indian equity benchmarks Sensex and Nifty finished higher for the second straight session on Tuesday. While Sensex rose 0.6% to 57,944 points, the Nifty jumped 0.6% to 17,325 points.
28 Mar 2022
SensexSensex closes at 57,593.49 points, Nifty settles at 17,222 points
The stock market on Monday ended in the green as the Sensex settled at 57,593.49 points and the Nifty stood at 17,222 points.
26 Mar 2022
MumbaiPetrol, diesel prices hiked for fourth time in 5 days
Petrol and diesel prices were raised by 80 paise/liter on Saturday, the fourth increase in five days, as oil companies passed on the increase in raw material costs to consumers.
26 Mar 2022
Reliance IndustriesWhat is Anil Ambani's total net worth
Anil Ambani, who's the chairperson of Reliance Group, stepped down as the director of Reliance Power and Reliance Infrastructure in 2022, following the Securities and Exchange Board of India's order (SEBI) forbidding him from associating with any listed company.
25 Mar 2022
MumbaiFuel prices increased again; Rs. 2.40/liter hike in four days
After a one-day pause, prices of petrol and diesel were once again increased by 80 paise on Friday.
25 Mar 2022
SensexSensex closes at 57,362.2 points, Nifty settles below 17,200 points
The stock market on Friday ended on a sluggish note as the Sensex settled at 57,362.2 points and the Nifty stood at 17,153 points.
24 Mar 2022
SensexSensex closes at 57,595.68 points, Nifty settles below 17,250 points
The stock market closed on a flat note on Thursday with the Sensex settling at 57,595.68 points and Nifty ending flat at 17,222.75 points.
23 Mar 2022
SensexSensex slips to 57,684.82 points, Nifty settles below 17,250 mark
The stock market closed on a flat note on Wednesday with the Sensex settling at 57,684.82 points and Nifty ending at 17,245.65 points.
22 Mar 2022
SensexSensex climbs to 57,989 points, Nifty crosses 17,300 mark
On Tuesday, the benchmark Sensex and Nifty indices saw gains. While the Sensex rose 1.2% to 57,989.3 points, the Nifty jumped 1.14% to 17,315.5 points.
22 Mar 2022
Petrol Diesel PricesPetrol, diesel hiked 80p/liter; LPG cylinders now Rs. 50 costlier
Petrol and diesel prices were raised by 80 paise/liter on Tuesday, bringing a four-and-a-half month pause in rate revisions to an end, while domestic cooking gas prices were raised by Rs. 50 per cylinder.
22 Mar 2022
ZomatoZomato to deliver food in just 10 minutes: Here's how
Zomato founder-CEO Deepinder Goyal on Monday announced the company will launch a 10-minute delivery service called Zomato Instant in India soon.
21 Mar 2022
Latest automobiles2023 Auto Expo to be held from January 13-18
The next version of India's largest automobile exhibition, the Auto Expo, will be held from January 13-18, 2023, at the India Expo Mart in Greater Noida, Uttar Pradesh.
21 Mar 2022
SensexSensex slips to 57,313 points, Nifty settles at 17,117 points
On Monday, the benchmark Sensex and Nifty indices were on a downward trend. While the Sensex plunged 0.96% to 57,313.91 points, the Nifty fell 0.99% to 17,117.6 points.
20 Mar 2022
MumbaiDiesel price for bulk customers hiked by Rs 25/liter
The price of diesel sold to bulk users has been raised by about Rs 25 per liter to reflect a nearly 40% increase in international oil rates, news agency PTI has reported.
19 Mar 2022
UkraineIndian Oil Corporation buys Russian crude at deep discount: Report
Indian Oil Corporation (IOC), India's biggest oil company, has reached an agreement with a Russian oil company to buy 3 million barrels of crude oil at a steeply discounted price, NDTV reported.
17 Mar 2022
SensexSensex gains 1,047 points, Nifty reaches near 17,300 points
The market on March 17 closed with an uptrend movement as the Sensex soared 1.78% to 57,848.27 points while the Nifty gained 1.86% to 17,297.6 points.
17 Mar 2022
Mukesh AmbaniAt $49 billion, Adani's wealth jumped the most in 2021
Gautam Adani, the second-richest person in India and Asia, increased his wealth by $49 billion last year, according to the 2022 M3M Hurun Global Rich List.
16 Mar 2022
SensexSensex regains 1,040 points, Nifty reaches close to 17,000 mark
The markets on March 16 witnessed a bullish trend as Indian equity benchmarks rebounded thanks to gains across all sectors. While the Sensex jumped 1.86% to 56,817 points, the Nifty rose 1.87% to end at 16,975 points.
16 Mar 2022
IndiaIndia considering buying oil from Russia at discounted prices
India is mulling to accept a Russian offer to purchase its crude oil and other commodities at discounted prices, Reuters reported.
15 Mar 2022
SensexSensex falls over 700 points; IT and metal sectors drag
The Sensex and Nifty indices on Tuesday witnessed a slump, ending the 5-day winning streak with investors focusing on the upcoming U.S. Federal Reserve meeting.
14 Mar 2022
Air IndiaTata Sons' chief N Chandrasekaran is new Air India chairman
Tata Sons chairman N Chandrasekaran has been officially appointed as the chairman of Air India.
13 Mar 2022
PaytmPaytm founder granted bail after arrest for hitting DCP's car
Paytm founder and CEO Vijay Shekhar Sharma was arrested last month and released on bail, reports said on Sunday.
11 Mar 2022
Florida'Don't say gay' bill deeply concerning: Apple CEO Tim Cook
Apple CEO Tim Cook has raised concerns over the new controversial education bill in the Republican-controlled state legislature of Florida which reportedly targets LGBTQ+ youths.
11 Mar 2022
UkraineUS fuel prices hit record highs, still cheaper than India
Fuel costs in the United States are at an all-time high, yet they are still far cheaper compared to India.
10 Mar 2022
IndiaWill US' ban on Russian oil imports affect India?
US President Joe Biden has announced a ban on imports of oil from Russia over its invasion of Ukraine.
07 Mar 2022
SensexWhy stock market, rupee, and oil prices are in crisis
The stock market continued to fall on Monday with BSE Sensex crashing 1,400 points and NSE Nifty closing below 15,900.