Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
19 Jul 2022
SensexSensex gains 246 points, Nifty closes above 16,300 mark
The stock market closed in green on Tuesday with the Sensex gaining 246.47 points to settle at 54,767.62 and Nifty ending 62 points up at 16,340.55.
19 Jul 2022
HaryanaIndia's richest woman: Savitri Jindal's net-worth triples in 2 years
Savitri Jindal, the richest woman in India, saw her net worth increase three times in just the last two years, according to Forbes.
19 Jul 2022
BitcoinCryptocurrency prices: Check today's rates of Bitcoin, Ethereum, Dogecoin, Tether
Bitcoin has climbed 2.7% over the last 24 hours, trading at $21,896.79. It is 9.5% higher than previous week.
19 Jul 2022
US DollarsIndian rupee declines past 80/USD for the first time ever
The Indian rupee has hit a record low against the US dollar. It fell past the 80-per-dollar mark for the first time ever on Tuesday, sending signals of deep concern.
18 Jul 2022
CryptocurrencyToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Dogecoin, Tether
Bitcoin has surged 3.8% in the past 24 hours to trade at $22,189.64. It is 6.4% up compared to last week.
18 Jul 2022
SensexSensex climbs to 54,521 points, Nifty settles below 16,300 mark
On Monday, the benchmark Sensex and Nifty indices showed an upward trend. The Sensex rose by 1.39% to 54,521.15 points while the Nifty gained 1.41% to end at 16,278.5 points.
18 Jul 2022
Nirmala SitharamanNew GST rates apply from today: What's costlier, what's cheaper
The new Goods and Services Tax (GST) rates go into effect on Monday.
16 Jul 2022
Egypt#NewsBytesExplainer: Like Sri Lanka, these countries too facing economic setback
An economic crisis is brewing in many nations, including the neighboring countries of India.
15 Jul 2022
SensexSensex climbs over 300 points, Nifty moves past 16,000 mark
The benchmark Sensex and Nifty indices on Friday saw gains, putting an end to the four-day losing streak. While the Sensex rose 0.64% to 53,760.78 points, the Nifty jumped 0.69% to 16,049.2 points.
15 Jul 2022
SpaceXElon Musk's father has 'secret' second child with stepdaughter Jana
Speak of unexpected!
14 Jul 2022
SensexSensex slips 98 points, Nifty settles below 15,950 points
On Thursday, major indices of the stock market ended flat with the Sensex sliding 98 points to settle at 53,416.15 and the Nifty closing 28 points lower at 15,938.65.
14 Jul 2022
OPPOOPPO India evaded Rs. 4,389 crore customs duty, says government
The stage is set for another battle between a Chinese smartphone maker and an Indian government agency. This time it's OPPO India and the Directorate of Revenue Intelligence (DRI) who have locked horns.
14 Jul 2022
StartupsAirlift, Pakistan's most-valued start-up, to cease operation as funding dries
In a huge blow to Pakistan's start-up ecosystem, Airlift, the country's highest-valued start-up, has announced a complete shutdown of its operations.
13 Jul 2022
OnePlusCarl Pei: Life and journey of the man behind Nothing
Nothing just launched its maiden smartphone as a way to reinvigorate the smartphone industry. The man of the hour is none other than Carl Pei, the CEO and co-founder of Nothing.
13 Jul 2022
SensexSensex down 372 points, Nifty settles below 15,600 mark
On Wednesday, the benchmark Sensex and Nifty indices witnessed a fall, continuing their losing streak for the third day. The Sensex plunged 0.7% to 53,514.15 points, while the Nifty fell 0.57% to 15,966.65 points.
12 Jul 2022
SensexSensex falls 508 points, Nifty barely holds 16,000 mark
On Tuesday, the benchmark Sensex and Nifty indices witnessed a slump. While the Sensex slipped 508.62 points or 0.94% to 53,886.61 points, the Nifty shed 157.7 points or 0.98% to 16,058.3 points.
12 Jul 2022
SpiceJetCheating case filed against SpiceJet CMD Ajay Singh in Gurugram
There seems to be no end to the troubles of SpiceJet as its Chairman and Managing Director Ajay Singh was booked in Gurugram for allegedly duping a businessman on the pretext of allotting company shares to him, the police said on Monday.
11 Jul 2022
IndiaThis Indian entrepreneur got world's first patent for 'digital vaccine'
Bhargav Sri Prakash, an Indian biomedical tech entrepreneur, was recently awarded the world's first patent for a "digital vaccine"—a platform that addresses real-world health issues via the metaverse—by the US Patent and Trademark Office.
11 Jul 2022
XTwitter hires law firm to sue Musk for terminating takeover
Tesla CEO Elon Musk terminated the $44 billion takeover of Twitter on Saturday.
11 Jul 2022
Bharti AirtelSensex closes at 54,395 points, Nifty settles at 16,216
The stock market on Monday ended on a sluggish note as the Sensex settled at 54,395.23 points and the Nifty stood at 16,216 points.
11 Jul 2022
IndiaUber Files: Inside the ride-hailing firm's questionable tactics in India
An investigation of a leaked data dump called "Uber Files" has revealed damning details about how the ride-hailing service used unethical means for business expansion worldwide, including in India.
11 Jul 2022
Supreme Court Of IndiaSC awards 4-month jail, imposes Rs. 2,000 fine to Mallya
Fugitive businessman Vijay Mallya was awarded a four-month jail term and a Rs. 2,000 fine by the Supreme Court on Monday in a five-year-old contempt of court case.
09 Jul 2022
Bharti AirtelAdani joins 5G race; will compete with Reliance Jio, Airtel
Marking its possible entry into the telecom industry, Adani Group has put in an application to take part in India's first auction of the 5G spectrum on July 26.
09 Jul 2022
XTwitter vows legal battle after Elon Musk terminates $44bn deal
The Elon Musk-Twitter saga is poised to become a courtroom drama after the billionaire decided to pull out of the deal to buy the microblogging site.
08 Jul 2022
Electric VehiclesMahindra's new EV subsidiary raises Rs. 1,925 crore
Homegrown automaker Mahindra & Mahindra has raised Rs. 1,925 crore ($250 million) from British International Investment (BII) for its yet-to-be-incorporated EV subsidiary referred to as "EV Co." for now.
08 Jul 2022
SensexSensex gains 303 points, Nifty settles above 16,200 points
The benchmark Sensex and Nifty indices on Friday showed an upward trend, continuing their winning streak for the third consecutive day. The Sensex rose 0.56% to 54,481.84 points while the Nifty gained 0.54% to end at 16,220.6 points.
08 Jul 2022
XElon Musk's Twitter buyout in danger over bot count issue
Elon Musk's $44 billion acquisition of Twitter is back under the public scanner after a Washington Post report suggested that the deal is in danger.
07 Jul 2022
SensexSensex climbs over 400 points, Nifty moves past 16,100 mark
On Thursday, the benchmark Sensex and Nifty indices saw gains. While the Sensex rose 0.79% to 54,178.46 points, the Nifty jumped 0.89% to 16,132.9 points.
07 Jul 2022
XElon Musk quietly had twins with Neuralink executive last year?
Tesla and SpaceX CEO Elon Musk and Shivon Zilis, one of the top executives at his neurotechnology firm Neuralink, had twins in November 2021, Business Insider reported on Wednesday.
06 Jul 2022
NASDAQSensex gains over 600 points, Nifty settles at almost 16,000
On Wednesday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge. The Sensex jumped 1.15% to 53,750.97 points while the Nifty climbed 1.12% to 15,989.8 points.
06 Jul 2022
PhonePeIndian start-ups that are hiring despite layoff season
Winter has arrived early for India's start-ups. Lack of funding has forced the country's start-ups to layoff over 11,000 people so far.
06 Jul 2022
Indian GovernmentCentre will make $12bn from windfall tax on oil companies
The Indian government has set itself up for a bumper tax revenue in the remainder of this current fiscal.
06 Jul 2022
MumbaiDomestic LPG increases by Rs. 50/cylinder; third hike since May
In a blow to the common man, the price of domestic liquid petroleum gas (LPG) cylinders weighing 14.2 kilogram has been hiked by Rs. 50 from Wednesday.
05 Jul 2022
CryptocurrencyIndia's crypto trading volume dries up due to new tax
As the new 1% TDS on crypto trading kicked in on July 1, trading volumes of cryptocurrency have dried up in India.
05 Jul 2022
NASDAQSensex closes at 53,134 points, Nifty settles at 15,811
On Tuesday, the Indian equity benchmarks settled lower after reversing the initial gains.
04 Jul 2022
Rakesh JhunjhunwalaAkasa Air boasts new crew uniforms as youthful, eco-friendly
Akasa Air, India's newest airline founded by billionaire Rakesh Jhunjhunwala, unveiled the first look at its airline staff uniform.
04 Jul 2022
Jet AirwaysOver 50% IndiGo flights delayed as crew attend job interviews
More than 50% of the flights operated by IndiGo were delayed on Saturday due to Air India's recruitment process on the same day, according to the reports.
04 Jul 2022
NASDAQSensex slips to 52,805 points, Nifty barely holds 15,700
On Monday, the Indian equity benchmarks traded lower in opening deals, moving in tandem with global peers.
04 Jul 2022
NetflixOver 12,000 start-up employees in India lost jobs this year
The global economic meltdown has resulted in job losses for over 22,000 people in the technology and start-up sector this year in the US. More than 12,000 workers in Indian start-ups have also lost their jobs.
01 Jul 2022
Nirmala SitharamanNew GST rule: What gets cheaper, what's costlier?
With the average man already suffering from rising inflation, the Goods and Services Tax (GST) Council's decision to raise rates on some products and services, as well as bring additional things under its purview, is expected to exacerbate the situation.
