Business News
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01 Dec 2023
ChinaStudy shows wealth and pension funds favor India over China
A recent study by London-based think tank OMFIF reveals that global pension and sovereign wealth managers are increasingly choosing India over China for investments.
01 Dec 2023
Reserve Bank Of India (RBI)RBI claims 97% of Rs. 2,000 notes back in system
The Reserve Bank of India (RBI) has announced that 97.26% of Rs. 2,000 banknotes in circulation as on May 19, 2023, have been returned to the system.
01 Dec 2023
CryptocurrencyCryptocurrency prices today: Check rates of Bitcoin, Ethereum, Solana, BNB
Bitcoin has gained 1.02% over the last 24 hours and is currently trading at $38,276.65. It is up by 2.41% from the previous week.
01 Dec 2023
IndiaCommercial LPG cylinder costs hiked in India: Check prices
Starting today (December 1), commercial LPG cylinder prices in India have been hiked by Rs. 21 per cylinder, as announced by Oil Marketing Companies (OMCs).
01 Dec 2023
IndiaIndia's manufacturing growth maintains robust pace in November
In November, India's manufacturing sector showed continued expansion, as per the data released by S&P Global today.
01 Dec 2023
Initial Public Offering (IPO)Flair Writing IPO lists 65% higher, investors quickly book profits
Shares of Flair Writing, a well-known writing instruments company, made a strong debut on the BSE and NSE, with a premium of 65.46% and 64.80% over the issue price of Rs. 304, respectively.
01 Dec 2023
IndiaCentre reduces windfall tax on crude oil to Rs. 5,000/ton
The Centre today announced a decrease in the windfall tax on crude oil, lowering it from Rs. 6,300 per ton to Rs. 5,000 per ton.
01 Dec 2023
Elon MuskAfter Elon Musk's 'F' word outburst, what's next for X?
Social media platform X might lose more advertisers because of Elon Musk's recent outburst against major brands, as per a Reuters report.
30 Nov 2023
IndiaIndia's core sector growth accelerates to 12% in October
India's eight core industries experienced a remarkable 12.1% growth in October, as reported by the Ministry of Commerce and Industry.
30 Nov 2023
NiftyNifty Midcap and Smallcap indices touch their lifetime highs
The Nifty Midcap and Smallcap indices reached their all-time highs on November 30.
30 Nov 2023
IndiaIndia's GDP grew 7.6% in July-September quarter, surpassing RBI's forecast
India's Gross Domestic Product (GDP) grew by 7.6% in the July-September quarter, according to the government data released on Thursday. It was 5.4% in the corresponding quarter of the previous year.
30 Nov 2023
FordFord staring at $1.7bn profit hit due to UAW strike
Ford has revealed a $1.7 billion drop in profits and a significant loss in vehicle production due to the US auto workers' strike.
30 Nov 2023
IndiaIndia's April-October fiscal deficit narrows to Rs. 8.04L crore
India's fiscal deficit from April to October this year reached Rs. 8.04 lakh crore, which is 45% of the annual target of Rs. 17.87 lakh crore, as reported by the Controller General of Accounts.
30 Nov 2023
Indian Rupee (INR)Indian rupee touches record low of 83.40 against US dollar
On November 30, the Indian rupee hit a record low, closing at 83.3950 against the US dollar.
30 Nov 2023
NiftyNifty Auto at all-time high ahead of November sales figures
The Nifty Auto index on November 30 rocketed to a new high of 17,555, rising by 0.5% from the previous close, as investors eagerly await November's monthly sales data.
30 Nov 2023
Stock MarketSensex gains over 80 points, Nifty crosses 20,100 mark
The stock market on Thursday ended on a sluggish note as the Sensex settled at 66,988.44 points and the Nifty stood at 20,133.15 points.
30 Nov 2023
Radhakishan DamaniHurun India crowns Radhakishan Damani as India's top self-made entrepreneur
Radhakishan Damani of Avenue Supermarts, popularly known as DMart, clinched the top spot in the 2023 Top 200 Self-made Entrepreneurs list by IDFC FIRST Private Hurun India.
30 Nov 2023
GoogleActivision Blizzard's negotiations with Google involved creating own game store
New details have emerged from the ongoing Epic v/s Google trial, revealing Activision Blizzard's secret "Project Boston."
30 Nov 2023
Bob Iger'Musk's position not positive': Why Disney pulled ads from X
Disney's CEO, Bob Iger, explained why his company has stopped advertising on Elon Musk's social media platform X.
30 Nov 2023
Reserve Bank Of India (RBI)RBI may keep interest rate unchanged for fifth straight time
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) is expected to keep the repo rate at 6.5% for the fifth time in a row, reported Moneycontrol citing industry sources.
30 Nov 2023
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Solana, Ethereum, BNB
Bitcoin has dropped 0.21% in the past 24 hours to trade at $37,945.08. Compared to last week, it is 1.74% up.
30 Nov 2023
Tata TechnologiesTata Technology lists with 140% premium at Rs. 1,200
Tata Technologies made an impressive debut on the stock exchanges on Thursday, with shares listing at Rs. 1,200 per share on NSE and Rs. 1,199.95 per share on BSE.
30 Nov 2023
Sam AltmanMicrosoft joins OpenAI's board as Sam Altman resumes CEO's role
Sam Altman has officially returned as the CEO of OpenAI. Along with him, Microsoft, with a 49% stake in OpenAI, is also jumping on the nonprofit board as a non-voting observer.
29 Nov 2023
General MotorsGM to take $9.3bn hit as labor deals strain finances
General Motors on Wednesday disclosed that its new labor agreements, following an extended UAW (United Auto Workers) strike, will cost it $9.3 billion.
29 Nov 2023
Bank of BarodaBank of Baroda to issue bonds worth Rs. 5,000 crore
Bank of Baroda is preparing to issue bonds valued at Rs. 5,000 crore on November 30, as per Moneycontrol.
29 Nov 2023
IndiaIndia plans more coal-fired power plants, defying COP28 pressures
India is working to increase its coal-based power generation capacity by 17 gigawatts (GW) within the next 16 months to prevent outages due to a surge in power demand.
29 Nov 2023
Personal FinanceGlobal bonds near their best month since 2008 financial crisis
In November, sovereign and corporate debt worldwide shot up by 4.9%, per a Bloomberg analysis. That is the biggest monthly gain since December 2008.
29 Nov 2023
WalmartWalmart shifting from China to India over lower import costs
Walmart, the world's largest retailer, is increasingly importing goods from India to the US, reducing its dependence on China.
29 Nov 2023
Stock MarketGIFT Nifty clocks record single-day trade of $16.76 billion
The GIFT Nifty, an index traded on the NSE IX, reached a record-breaking single-day trading of 4,27,925 contracts on Tuesday (November 28).
29 Nov 2023
Cristiano RonaldoCristiano Ronaldo sued for promoting crypto exchange Binance
A bunch of complainants have filed a lawsuit against football star Cristiano Ronaldo in a Florida District court.
29 Nov 2023
Stock MarketSensex climbs 728 points, Nifty settles above 20,000 mark
On Wednesday, the benchmark Sensex and Nifty indices showed an upward trend. The former rose 1.1% to 66,901.91 points while the latter gained 1.04% to 20,096.60 points.
29 Nov 2023
HuaweiHuawei's smart car firm valued at around $35bn
Huawei is spinning off its Intelligent Automotive Solution (IAS) unit into a new company, which could be valued at up to 250 billion yuan or $34.67 billion (roughly Rs. 3 lakh crore), reported Reuters.
29 Nov 2023
HSBC BankHSBC and Standard Chartered quit UN-supported climate targets validation scheme
Four major banks, including HSBC and Standard Chartered Plc, have decided to leave the Science Based Targets Initiative (SBTi).
29 Nov 2023
BYJU'SProsus downgrades edtech giant BYJU's valuation to less than $3bn
Tech investor Prosus has reduced the value of its investment in Indian edtech giant BYJU'S, leading to a company valuation of under $3 billion.
29 Nov 2023
Warren Buffett'Never argued': Tracing Charlie Munger and Warren Buffett's 60-year-old friendship
The tale of Charlie Munger and Warren Buffett will go down in the history books, showcasing the everlasting bond of an extraordinary friendship.
29 Nov 2023
IndiaGold touches new high of Rs. 62,602 amid weakening Dollar
Gold prices soared to new heights today on the Multi Commodity Exchange (MCX), with the gold futures contract opening at Rs. 62,602 per 10g levels.
29 Nov 2023
Adani GroupAdani Group stocks gain up to 17%: What's driving rally
Shares of Adani Group companies skyrocketed up to 17% on November 29, continuing their upward trend for a second day.
29 Nov 2023
Stock MarketNifty reclaims 20,000 mark after 2 months: Know driving factors
The Nifty soared past 20,000 points today (November 29), a milestone not seen since September 18.
29 Nov 2023
CryptocurrencyToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, BNB, XRP
Bitcoin has climbed 2.76% in the past 24 hours, trading at $37,974.08. It is 4.16% higher than last week.
