Business News

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02 Aug 2024

Personal Finance

Budgeting for Indian families: Simple tips for better financial planning

Budgeting is crucial for Indian families to ensure financial stability and growth.

02 Aug 2024

Insurance

Health insurance exclusions: Meaning and how they benefit

When you buy health insurance, it is crucial to know not just what is covered but also what is not.

02 Aug 2024

Reddit

Reddit acquires AI firm Memorable to bolster its advertising capabilities

Reddit has announced the acquisition of Memorable AI, a New York-based startup specializing in generative artificial intelligence (AI) for marketing.

02 Aug 2024

Personal Finance

How to master the art of frugal living in India

In today's fast-paced world, managing finances efficiently has become crucial for individuals across all age groups.

02 Aug 2024

Apple

Apple posts record $85.8B Q3 revenue despite iPhone sales dip

Apple has announced a record-breaking third-quarter revenue of $85.8 billion for the 2024 fiscal year, marking a 5% increase from the previous year.

02 Aug 2024

Intel

Intel cuts 15,000 jobs in biggest layoff round in decades

Intel, the leading Silicon Valley chip manufacturer, has announced plans to eliminate over 15,000 jobs.

01 Aug 2024

Karnataka

Karnataka unveils new cyber security policy to combat cybercrimes

The Karnataka government has introduced a comprehensive cyber security policy, aimed at combating increasing rates of cybercrimes and protecting the state's digital infrastructure.

01 Aug 2024

Zomato

Zomato's Q1 FY25 profit surges 126 times to over ₹250cr 

Zomato, a leading online food delivery platform, has reported a significant surge in its net profit for the first quarter (Q1) of the current fiscal year (FY) 2025.

01 Aug 2024

HDFC Bank

August 2024: Key financial changes that will impact you

August 2024 brings several significant financial changes that will affect individual taxpayers, non-life insurance policyholders, and credit card users in India.

01 Aug 2024

Insurance

Here's everything you should know about health insurance in India

Navigating through the myriad of health insurance options available in India can be daunting for many.

Centre mulls decriminalizing delayed TCS filing: How it impacts you

The Central Board of Direct Taxes (CBDT) is considering a proposal to decriminalize late filing of Tax Collected at Source (TCS), according to its Chairman Ravi Agarwal.

01 Aug 2024

Microsoft

Now, CrowdStrike's shareholders are suing it over global IT outage

CrowdStrike, a leading cybersecurity firm, is currently facing a lawsuit filed by its shareholders.

01 Aug 2024

Apple

Did Apple block Tata and Vivo India's massive deal? 

Tata Group has reportedly abandoned its plan to acquire a controlling stake in the Indian arm of Chinese smartphone giant Vivo.

What happens if you miss ITR filing deadline? Explained here

The Income Tax Department has not extended the deadline for filing income tax returns (ITRs) for the fiscal year 2023-24, which was set for July 31.

01 Aug 2024

Insurance

Decoding motor insurance no-claim bonus and its benefits for you

When you own a vehicle in India, having motor insurance is not just a necessity but also a legal requirement.

FirstCry sets IPO price band at ₹440-465 per share

Brainbees Solutions Ltd, the parent company of FirstCry, has announced its initial public offering (IPO) price range as ₹440-465 per share.

01 Aug 2024

Cryptocurrency

Cryptocurrency prices: Here are rates of Bitcoin, Ethereum, Dogecoin, Solana

Bitcoin has slipped 2.96% in the past 24 hours to trade at $63,710.58. It is 0.72% lower than the week before.

01 Aug 2024

Nifty

Nifty surpasses 25,000 mark for the first time

Nifty has surpassed the significant 25,000 milestone while Sensex breached the 82,000 level, both for the first time.

01 Aug 2024

Microsoft

Global IT outage: Delta blames CrowdStrike, Microsoft for $500M loss

Delta Air Lines is grappling with a significant financial setback, following a worldwide tech outage in July.

31 Jul 2024

Travel And Tourism

Indian tourists to spend $18.8B on overseas travel in 2024

A report by FICCI-Nangia predicts that Indian tourists will spend an estimated $18.82 billion on international travel in 2024, as the sector recovers to pre-pandemic levels, and new destinations gain popularity.

31 Jul 2024

Infosys

Infosys under investigation for GST evasion of over ₹32,000cr

Infosys, a prominent IT services firm, is being investigated by the Directorate General of GST Intelligence (DGGI) for allegedly evading over ₹32,000 crore in integrated goods and service tax (IGST).

31 Jul 2024

MeitY

Laptop prices may increase as Modi government reviews import rules

India's laptop import policy is currently under review by the Ministry of Commerce and the Ministry of Electronics and Information Technology (MeitY).

31 Jul 2024

Boeing

Boeing ropes in new CEO as losses triple to $1.4B

Boeing has announced the appointment of Robert "Kelly" Ortberg as its new CEO, effective from August 8.

31 Jul 2024

India

Corporate exodus: 50% of Indian women may quit in 2-yrs

A study by consulting firm Aon has revealed, that nearly half of the women employed in India's corporate sector are either uncertain about their tenure with their current employers, or plan to quit within two years.

31 Jul 2024

Indian Government

Why indexation benefits on property transactions may be retained

The Indian government is currently reviewing proposals to modify indexation benefits for real estate transactions, according to CNBC-TV18.

31 Jul 2024

Deepinder Goyal

Zomato's 'District' teaser sparks online speculation: What could it be?

Deepinder Goyal, the co-founder and CEO of Zomato, has ignited a wave of speculation with a recent post on X.

31 Jul 2024

Indian Economy

India's fiscal deficit decreases significantly to 8% of annual target

India's fiscal deficit, a crucial indicator of its financial health, has narrowed significantly in the first quarter of FY25.

31 Jul 2024

Adani Group

Adani Power's Q1 net profit falls 55% despite revenue surge

Adani Power has reported a 55% year-on-year (YoY) drop in its consolidated net profit, for the first quarter ending June 2024.

31 Jul 2024

Maruti Suzuki

Maruti Suzuki's Q1 FY25 profit surges by 47% to ₹3,650cr

Maruti Suzuki, the nation's leading car manufacturer, has reported a substantial 47% year-on-year increase in its net profit for Q1 FY25.

31 Jul 2024

Tinder

Tinder-parent Match to lay off 6% workforce amid investor pressure

Match Group, the parent company of popular dating apps Tinder, OkCupid, and Hinge, has announced plans to lay off approximately 6% of its global workforce.

31 Jul 2024

Income Tax Return

Filed ITR? Here's how to check your refund status online

The deadline for filing Income Tax Returns (ITRs) for the financial year 2023-24 is today, midnight.

31 Jul 2024

Bloomberg

Microsoft stock tanks 6% after disappointing revenue from AI business

Microsoft's shares experienced a significant drop of over 6% in after-hours trading, following its fiscal fourth-quarter earnings report.

31 Jul 2024

Bitcoin

Cryptocurrency prices today: Check rates of Bitcoin, Ethereum, XRP, BNB

Bitcoin has slipped 1.40% in the past 24 hours to trade at $65,603.70. It is 0.16% lower than the week before.

31 Jul 2024

Samsung

Samsung's Q2 profit soars by over 1,450% amid AI demand

Samsung Electronics has reported a remarkable increase in its second-quarter operating profit for 2024, which rose by an astounding 1,458.2%.

31 Jul 2024

Insurance

Understanding riders in life insurance policies for Indians

Life insurance is vital for financial planning, ensuring future security. Many policyholders are unaware of the benefits riders add to policies.

31 Jul 2024

Personal Finance

Exploring gold as an investment avenue in India

In India, gold symbolizes wealth and prosperity, serving as a preferred investment. It functions as both an adornment and a financial asset.

31 Jul 2024

Mutual Funds

Understanding digital gold investments in India

Digital gold has emerged as a favored investment option among Indians.

31 Jul 2024

Intel

Intel to lay-off thousands of employees as chipmaker seeks revival

Intel is reportedly planning to cut thousands of jobs as part of its cost reduction strategy.

31 Jul 2024

Amazon

Amazon ordered to recall 400,000 products that could kill people

The US Consumer Product Safety Commission (CPSC) has instructed Amazon to recall over 400,000 potentially dangerous products.

30 Jul 2024

Facebook

Meta agrees to $1.4B settlement in Texas facial recognition lawsuit

Meta Platforms, the parent company of Facebook, has agreed to a $1.4 billion settlement in a lawsuit filed by the state of Texas, US.