Business News
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22 Jul 2024
CiscoAI start-up co-founded by ex-Google researchers raises $500 million
Toronto-based generative AI start-up, Cohere, has successfully secured a whopping $500 million in its latest funding round.
22 Jul 2024
SwiggySwiggy's Shopify alternative now also caters to service providers
Indian food delivery and quick commerce start-up, Swiggy, is transforming its smaller business unit, Swiggy Minis, into a link-in-bio service.
22 Jul 2024
AgricultureHow many jobs India must generate in a year
India's economy needs to create approximately 78.5 lakh jobs each year in the non-farm sector until 2030, according to the Economic Survey 2024, presented in the Parliament today.
22 Jul 2024
Competition Commission of IndiaReliance-Disney's $8.5 billion merger under scrutiny: CCI raises antitrust concerns
The Competition Commission of India (CCI) has launched an investigation into the proposed $8.5 billion merger between Reliance Industries and Walt Disney, according to anonymous sources cited by Reuters.
22 Jul 2024
IndiaIndia's electronics exports to US hit $8.7B, led by smartphones
India's net electronics exports to the United States have soared, reaching a staggering $8.7 billion in FY24, according to the Economic Survey 2024.
22 Jul 2024
Reserve Bank Of India (RBI)How RBI works with other countries to make UPI global
The Reserve Bank of India (RBI) is partnering with multiple countries, to globalize the Unified Payments Interface (UPI), as revealed in the Economic Survey 2023-2024.
22 Jul 2024
Initial Public Offering (IPO)Do you know: India led global IPO listings in FY24
India dominated the global Initial Public Offerings (IPOs) in FY24, witnessing a 66% increase in IPO launches.
22 Jul 2024
WhatsAppYou can file your ITR 2024 using WhatsApp: Here's how
ClearTax has launched a new service that allows taxpayers to file their Income Tax Returns (ITR) via WhatsApp.
22 Jul 2024
IndiaIndia's renewable energy sector eyeing ₹30.5L crore investment by 2030
India's renewable energy sector should draw a staggering ₹30.5 lakh crore in investments between 2024 and 2030, as per the Economic Survey 2023-24 presented in Parliament today.
22 Jul 2024
State Bank of India (SBI)Earn 7.25% interest on your savings with SBI's new FD
The State Bank of India (SBI) has introduced a new term deposit scheme, Amrit Vrishti, with an attractive annual interest rate of 7.25%.
22 Jul 2024
Kanwar YatraKanwar Yatra expected to boost economy by ₹1,000 crore
The annual Hindu pilgrimage, Kanwar Yatra, should attract over three crore devotees this year.
22 Jul 2024
LondonThis food delivery company is bringing Mumbai's dabbawalas to London
London-based Anshu Ahuja and Renee Williams have founded a company called DabbaDrop, drawing inspiration from Mumbai's renowned dabbawala food delivery system.
22 Jul 2024
Economic SurveyIs India's growth stalling? Economic Survey projects slower FY25 pace
India's real Gross Domestic Product (GDP) is expected to grow between 6.5% and 7% in the fiscal year 2024-25, as per the Economic Survey presented by Union Finance Minister Nirmala Sitharaman on Monday.
22 Jul 2024
Kamala HarrisBiden's exit boosts Kamala Harris meme coin to record high
The cryptocurrency world experienced a significant shift in the political meme coin sector following US President Joe Biden's announcement that he would not seek re-election.
22 Jul 2024
CryptocurrencyToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Dogecoin, Solana
Bitcoin has gained 1.16% in the past 24 hours to trade at $67,898.71. It is 8.48% up compared to last week.
22 Jul 2024
StartupsHow this couple's app idea turned into a ₹400cr deal
Anupam and Anshu Dhanuka, the husband-and-wife duo behind the popular children's learning app Kiddopia, are set for a windfall.
22 Jul 2024
AmazonAmazon India is in talks to buy this Blinkit rival
Amazon is reportedly in talks with food delivery giant Swiggy for a potential deal involving its quick commerce business, Instamart.
21 Jul 2024
AirbusAirbus assessing 8 Indian sites for H125 helicopter assembly line
Airbus, the renowned French aircraft manufacturer, is currently evaluating eight potential locations in India, to establish its final assembly line (FAL) for H125 helicopters.
21 Jul 2024
PVR InoxPVR INOX facing backlash over dynamic pricing for movie tickets
PVR INOX, a popular Indian multiplex chain, has implemented dynamic pricing for movie tickets.
21 Jul 2024
FinanceGodrej Consumer Products spent over ₹1,000cr on advertising in FY24
Godrej Consumer Products Ltd (GCPL) has ramped up its advertising investment by 47% to ₹1,011 crore in FY24.
21 Jul 2024
Initial Public Offering (IPO)8 IPOs set to debut on stock exchange next week
Eight small and medium enterprises (SMEs) are launching their initial public offerings (IPOs) next week.
21 Jul 2024
AgricultureBudget 2024: Nitin Gadkari bats for flexible economic policies
Road Transport and Highways Minister, Nitin Gadkari, has urged the adoption of flexible economic policies to stimulate national growth ahead of the Union Budget on Tuesday.
21 Jul 2024
Mutual FundsThese mutual funds offered best returns over 3 years
Investors frequently assess the historical returns of various mutual fund schemes, within the same category, for comparative analysis.
21 Jul 2024
IndiaMother Dairy eyes ₹17,000cr turnover in FY25 amid rising demand
Mother Dairy, a prominent milk supplier, is targeting a 13% increase in its turnover to ₹17,000 crore this fiscal year.
21 Jul 2024
Life Insurance Corporation of IndiaMarket cap of top 8 Indian companies surges ₹2.1L crore
The combined market capitalization (m-cap) of eight out of the top 10 most valued firms in India saw a significant increase last week, with a jump of ₹2,10,330.26 crore.
21 Jul 2024
IndiaForeign investment in Indian equities touches ₹30,772 crore this July
Foreign investors have infused a whopping ₹30,772 crore into Indian equities in July, according to Himanshu Srivastava, Associate Director -Manager Research at Morningstar Investment Research India.
21 Jul 2024
CryptocurrencyCryptocurrency prices: Check today's rates of Dogecoin, Tether, Bitcoin, Ethereum
Bitcoin has surged 0.61% in value in the past 24 hours, to now trade at $67,063.40. It is 11.68% up compared to last week.
21 Jul 2024
KarnatakaKarnataka's IT companies propose 14-hour shifts for employees
Information technology (IT) firms in Karnataka have sparked controversy, with a proposal to extend employee work hours to 14 per day.
20 Jul 2024
Employees' Provident Fund Organisation (EPFO)EPFO witnesses record addition of 19.5L members in May
The Employees Provident Fund Organisation (EPFO) reported a record net addition of 19.50 lakh members in May 2024, according to a Labour Ministry statement today.
20 Jul 2024
Nirmala SitharamanBudget 2024: Disability rights activists demand increased budget allocation
As the government gears up to present the Union Budget 2024 on Tuesday, disability rights activists are urging for a rise in budget allocations to promote inclusive development for individuals with disabilities.
20 Jul 2024
HDFC BankHDFC Bank's Q1FY25 results: Net profit surges 35% to ₹16,175cr
HDFC Bank, the largest private sector lender in India, has reported a significant 35% year-on-year (YoY) increase in net profit for the quarter ending June 2024 (Q1FY25).
20 Jul 2024
Kotak Mahindra BankKotak Mahindra's Q1 profit exceeds prediction: Up 81% to ₹6,250cr
Kotak Mahindra Bank has reported a significant surge in its net profit for the first quarter of fiscal year (FY) 2025.
20 Jul 2024
Indira GandhiNot only finance ministers, these PMs have presented Budget too
On February 22, 1958, India witnessed an unprecedented event in its political history when Prime Minister Jawaharlal Nehru took on the responsibility of presenting the Union Budget.
20 Jul 2024
RBL BankRBL Bank's Q1FY25 profit rises 29% to ₹372 crore
RBL Bank has announced a net profit of ₹372 crore for the first quarter (April-June) of the fiscal year (FY) 2025, marking a significant 29% increase from ₹288 crore during the same period last year.
20 Jul 2024
IndiGoMicrosoft outage: IndiGo cancels 280+ flights in 2 days
IndiGo, India's largest airline, has canceled 93 flights today due to a massive outage at Microsoft.
20 Jul 2024
Yes BankYES Bank's Q1FY25 profit rises 46% to over ₹500 crore
YES Bank has announced a 46.4% year-on-year (YoY) rise in its standalone net profit, for the first quarter of the financial year 2025 (Q1FY25).
20 Jul 2024
Government of IndiaIndia's foreign currency assets soar ₹5.7L crore: What's driving rally?
India's foreign currency assets (FCA) have seen a significant surge, since the announcement of Indian bond inclusion in JP Morgan's global bond index.
20 Jul 2024
CryptocurrencyCryptocurrency prices: Here are rates of Bitcoin, Tether, Ethereum, Dogecoin
Bitcoin has risen by 3.94% over the last 24 hours to now trade at $66,657.23. It is up by 15.33% from last week.
19 Jul 2024
Reliance Jio InfocommReliance Jio's Q1FY25 profit surges 12% to ₹5,445 crore
Reliance Jio Infocomm, the telecom subsidiary of Reliance Industries Ltd (RIL), has announced a net profit of ₹5,445 crore for the quarter ending June 30, 2024.
19 Jul 2024
IndiaIndian smartphone market witnessed only slight uptick in Q2 2024
The Indian smartphone market saw a modest growth of 1% in the second quarter of 2024, with shipments totaling 36.4 million units, according to research by Canalys.
