Business News
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10 Dec 2023
IndiaIndia's coal imports decreased by 4.2% during April-October 2023
India experienced a decline in coal imports, dropping to 148.13 million tons (MT) during the April-October period of the current financial year.
10 Dec 2023
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Ethereum, Dogecoin, Tether
Bitcoin has dropped 0.88% in the past 24 hours to trade at $43,933.21. Compared to last week, it is 11.46% up.
09 Dec 2023
IndiaIndia's garlic exports to hit record in FY24: Here's why
India is experiencing a boom in garlic exports due to a global shortage and decreased supply from China.
09 Dec 2023
IndiaIndiGrid InvIT raises Rs. 670 crore via institutional placement
IndiGrid, the first power sector Infrastructure Investment Trust (InvIT) to be publicly listed in India, has successfully raised Rs. 670 crore using an institutional placement procedure, as laid out by SEBI.
09 Dec 2023
CryptocurrencyCryptocurrency prices on Saturday: Check rates of Bitcoin, Ethereum, Dogecoin
Bitcoin has climbed 2.07% over the last 24 hours, trading at $44,311.68. It is 14.19% higher than the previous week.
08 Dec 2023
Indian Rupee (INR)India's forex reserves climb to a four-month high of $604bn
India's forex reserves have hit a whopping $604 billion (nearly Rs. 50.37 lakh crore) as of December 1.
08 Dec 2023
FinanceZerodha founders' salaries touch Rs. 200 crore in FY23
Zerodha co-founders and brothers, Nithin and Nikhil Kamath, received a combined compensation of Rs. 195.4 crore in fiscal year 2022-23 (FY23).
08 Dec 2023
Mutual FundsSIP investments surpassed Rs. 17,000cr for first time in November
Systematic investment plans (SIPs) in India reached an all-time high of Rs. 17,073 crore in November, according to the Association of Mutual Funds in India (AMFI).
08 Dec 2023
NVIDIANVIDIA to discuss semiconductor cooperation deals in Vietnam next week
NVIDIA's CEO, Jensen Huang, is scheduled to meet with Vietnamese government officials and tech companies in Hanoi, Vietnam on December 11.
08 Dec 2023
Stock MarketBank Nifty hits record high, tracking for biggest weekly gain
The Bank Nifty index soared to an all-time high of 47,303.65 today (December 8).
08 Dec 2023
Securities and Exchange Board of IndiaSEBI plans to introduce new asset class for high-risk investors
The Securities and Exchange Board of India (SEBI) is looking into creating a new investment asset class for those with a high-risk appetite, according to SEBI chairperson Madhabi Puri Buch.
08 Dec 2023
MicrosoftUK antitrust regulator to investigate Microsoft's partnership with OpenAI
The UK's Competition and Markets Authority (CMA) is set to examine the partnership between Microsoft and OpenAI.
08 Dec 2023
StartupsTech start-up funding plunges by 72% to 5-year low
India's tech start-up scene has hit a five-year low in funding, with a whopping 72% drop in 2023 compared to the $25 billion raised in 2022.
08 Dec 2023
Stock MarketSensex soars 300 points, Nifty settles near 21,000 mark
On Friday, the benchmark Sensex and Nifty indices showed an upward trend.
08 Dec 2023
RussiaOil prices face 7th consecutive weekly decline: Here's why
Oil prices are bouncing back after a seven-week slump, thanks to Saudi Arabia and Russia encouraging more OPEC+ members to reduce output.
08 Dec 2023
AppleApple to produce over 50 million iPhones annually in India
Apple has set its sights on producing over 50 million iPhones in India each year within the next two to three years.
08 Dec 2023
IndiaIndia on way to $30T economy by 2047: Piyush Goyal
India is on the path to becoming a $30 trillion economy by 2047, said Union Commerce and Industry Minister Piyush Goyal.
08 Dec 2023
JapanJapan's Q3 GDP shrinks by 2.9%, steepest since pandemic peak
In Q3, Japan's economy took a bigger hit than expected, shrinking by 2.9% instead of the predicted 2.1%, according to the country's Cabinet Office.
08 Dec 2023
AmazonAmazon sues fraudsters for refund scam worth millions of dollars
Amazon has filed a lawsuit in the US against an international group of thieves, including an organization called REKK and nearly 30 individuals from various countries.
08 Dec 2023
Reserve Bank Of India (RBI)RBI raises UPI limit for hospitals, education to Rs. 5L
Reserve Bank of India (RBI) Governor Shaktikanta Das, announced two major updates related to the Unified Payments Interface (UPI), during the Monetary Policy Committee (MPC) meeting.
08 Dec 2023
NiftyNifty50 breaches 21,000 for first time as RBI holds rates
In response to the Reserve Bank of India's (RBI) policy moves, the Nifty50 surpassed the 21000 mark for the first time, touching an all-time high of 21,006.10.
08 Dec 2023
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Ethereum, Solana, BNB
Bitcoin has dropped 1.16% in the past 24 hours to trade at $43,473.54. Compared to last week, it up by 13.85%.
08 Dec 2023
Reserve Bank Of India (RBI)RBI keeps repo rate unchanged at 6.5%
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) made a unanimous decision to keep the key lending rate, the repo rate, unchanged at 6.5%.
08 Dec 2023
TataTata to build new iPhone factory, accelerating Apple's local production
Tata Group is gearing up to build one of India's largest iPhone assembly plants in Hosur, Tamil Nadu, per Bloomberg.
07 Dec 2023
IndiaIndia's renewable energy capacity to reach 170GW by March 2025
India is on track to boost its pure renewable energy capacity from 132 GW in October 2023 to approximately 170 GW by March 2025, according to research agency ICRA.
07 Dec 2023
SoftBank GroupSoftBank may sell Zomato shares worth Rs. 1,125 crore
SoftBank plans to sell around 1.1% of its stake in the food delivery giant Zomato, amounting to approximately $135 million (Rs. 1,125 crore) through a block deal, as per Bloomberg.
07 Dec 2023
PhonePePhonePe now offers ACKO's car and bike insurance policies
ACKO General Insurance and PhonePe have joined forces to offer comprehensive car and bike insurance products directly to users via the PhonePe platform.
07 Dec 2023
Nirmala SitharamanIndia's Q2 growth highest in the world: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman announced on Thursday that India's second-quarter growth is the highest globally, making India the fastest-growing economy.
07 Dec 2023
IndiaMillennials, Gen Zs drive 53% of home loan demand: Report
A recent study by real estate portal Magicbricks reveals that millennials and Gen Zs, aged 18 to 34, make up 53% of home loan demand in India.
07 Dec 2023
TataTata Power's market cap surpasses Rs. 1 lakh crore
Tata Power's stock jumped almost 13% to Rs. 332.15 on the National Stock Exchange (NSE) on Thursday, boosting its market capitalization beyond the Rs. 1 lakh crore mark.
07 Dec 2023
Stock MarketSensex falls 130 points, Nifty slides to 20,900
The stock market on Thursday ended on a sluggish note. The benchmark Sensex tumbled 132.04 points to close at 69,521.69 points, while the Nifty dropped down 36.55 points to end at 20,901.15 points.
07 Dec 2023
SpiceJetSpiceJet shares jump 20% to 15-month high: What's driving rally
SpiceJet's shares skyrocketed to a 15-month high at Rs. 52.29 on the BSE, hitting the 20% upper circuit, as the airline unveiled plans to explore fundraising options.
07 Dec 2023
VivoED files chargesheet in money laundering case against Vivo
Enforcement Directorate (ED) has filed its first chargesheet in connection with the money laundering case involving Chinese smartphone manufacturer Vivo, sources told PTI on Thursday.
07 Dec 2023
PaytmHere's why Paytm shares tanked 20% today
Shares of Paytm's parent company, One 97 Communications, took a 20% hit, falling to Rs. 650.45 on the NSE after the company revealed plans to issue fewer personal loans under Rs. 50,000.
07 Dec 2023
CryptocurrencyToday's cryptocurrency prices: Check rates of Bitcoin, Dogecoin, Shiba Inu
Bitcoin has climbed 0.49% in the past 24 hours and is currently trading at $43,962.73. It is 15.64% higher than last week.
06 Dec 2023
MicrosoftFTC makes another attempt to stop Microsoft's $69bn Activision acquisition
The US Federal Trade Commission (FTC) is gearing up to challenge a federal judge's decision that allowed Microsoft's massive $69 billion acquisition of Activision Blizzard.
06 Dec 2023
JioJio Haptik launches Contakt, an AI tool to create chatbots
Artificial intelligence (AI) start-up Haptik, backed by Reliance Jio has introduced Contakt, a generative AI platform designed to help businesses create virtual assistants and enhance back-end support.
06 Dec 2023
PaytmPaytm to offer high ticket personal and merchant loans
Paytm on Wednesday announced its plans to grow its credit distribution business by providing larger personal and merchant loans in collaboration with major banks and Non-Banking Financial Corporations (NBFCs).
06 Dec 2023
Reserve Bank Of India (RBI)RBI's 3-day MPC meet begins: What to expect
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) began its three-day meeting today.
06 Dec 2023
Stock MarketSensex climbs over 350 points, Nifty settles above 20,930
The stock market had a bearish opening but the benchmark Sensex and Nifty witnessed a surge. The former jumped 0.52% to 69,653.73 points, while the latter climbed 0.40% to 20,937.70 points.
