Business News
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02 Sep 2024
CryptocurrencyWazirX users unlikely to get full refund after $234M hack
WazirX, an Indian cryptocurrency exchange that fell victim to a $234 million hack in July, has revealed that its customers may not fully recover their funds.
02 Sep 2024
Initial Public Offering (IPO)Over 50% of IPO investors sell shares within week: SEBI
The Securities and Exchange Board of India (SEBI) has disclosed that more than half of the initial public offering (IPO) investors, sold their shares within a week of listing.
02 Sep 2024
Nitin GadkariNitin Gadkari urges states to reduce GST on flex-fuel vehicles
Union Minister Nitin Gadkari has called for a reduction in Goods and Services Tax (GST) on flex fuel-based vehicles.
02 Sep 2024
Personal FinanceLeveraging rainy season savings for utility bills in India
The rainy season in India not only brings respite from the heat but also presents an opportunity for households to save on utility bills.
02 Sep 2024
Mutual FundsTips for navigating early retirement for Indian professionals
Achieving early retirement is a common aspiration among Indian professionals, yet it demands rigorous planning and discipline.
02 Sep 2024
InsuranceNavigating insurance claims rejection in India
When you file an insurance claim in India and face rejection, it can be quite disheartening.
02 Sep 2024
JapanMeet Kongo Gumi, a Japanese company operational for 1,400 years
Kongo Gumi, a family-run construction firm in Japan, holds the distinction of being the world's oldest continuously operating company.
02 Sep 2024
Adani GroupAdani acquires major renewable energy transmission project for ₹4,091 crore
Adani Energy Solutions Ltd (AESL), a part of Adani Group companies has successfully acquired the special purpose vehicle (SPV) for the Khavda Phase IV Part-A transmission project.
02 Sep 2024
Congress PartyCongress alleges SEBI chief draws salary from ICICI, seeks resignation
The Indian National Congress has raised concerns over the financial dealings of Madhabi Puri Buch, the Chairperson of the Securities and Exchange Board of India (SEBI).
02 Sep 2024
InflationWhat changes for you when central banks cut interest rates
Central banks worldwide are preparing for a significant shift in fiscal policy, with plans to reduce interest rates this fall.
02 Sep 2024
Unique Identification Authority of IndiaAttention! Last chance for free Aadhaar updates ends September 14
The Unique Identification Authority of India (UIDAI) has announced September 14 as the final date for free Aadhaar detail updates.
02 Sep 2024
MetaMeesho taps Meta veteran Mohit Rajani to lead product division
Indian e-commerce start-up, Meesho, has appointed former Meta executive Mohit Rajani as its new Chief Product Officer (CPO).
02 Sep 2024
Securities and Exchange Board of IndiaWhy SEBI revoked registration of 39 stock brokers
The Securities and Exchange Board of India (SEBI) has revoked the registration of 39 stock brokers and seven commodity brokers for failing to meet necessary requirements.
02 Sep 2024
Securities and Exchange Board of IndiaSEBI intensifies crackdown as insider trading probes increase 106% YoY
The Securities and Exchange Board of India (SEBI) has reported a significant increase in its investigations into insider trading and front running cases during FY24.
02 Sep 2024
IndiaIndia's manufacturing activity growth dips to 3-month low in August
India's manufacturing sector has experienced a slowdown in growth, hitting a three-month low of 57.5 in August due to significantly reduced demand.
02 Sep 2024
Initial Public Offering (IPO)Gala Engineering IPO fully subscribed within an hour, GMP soars
Gala Precision Engineering's initial public offering (IPO) has been fully subscribed within an hour of its launch today.
02 Sep 2024
Adani GroupAdani Wilmar likely to acquire 3 FMCG brands for $1B
Adani Wilmar, the fast-moving consumer goods (FMCG) division of the Adani Group, is planning to invest up to $1 billion in acquiring three brands, as per HT Mint.
02 Sep 2024
Initial Public Offering (IPO)Premier Energies IPO: Latest GMP suggests blockbuster listing on Tuesday
Premier Energies, a leading solar panel manufacturer, is set to make its stock market debut on Tuesday, September 3.
02 Sep 2024
NiftyNifty, Sensex hit record highs for fifth consecutive session
India's benchmark indices, Nifty and Sensex, have reached new heights for the fifth consecutive session today.
01 Sep 2024
GSTIndia's August GST collections grow 10% YoY to ₹1.75 trillion
India's Goods and Services Tax (GST) collections reached ₹1.75 lakh crore in August 2024, reflecting a slight decrease compared to ₹1.82 lakh crore collected in July.
01 Sep 2024
Initial Public Offering (IPO)Stock market buzz: 6 IPOs, 10 listings next week
The upcoming week, starting from September 2, will witness the launch of six initial public offerings (IPOs) in India.
01 Sep 2024
Indian GovernmentNPS vs UPS: Which pension scheme is better for you?
The Indian government has introduced the Unified Pension Scheme (UPS) to address the concerns of government employees seeking a guaranteed post-retirement income.
01 Sep 2024
National Payments Corporation of IndiaUPI transactions hit record high of 14.96 billion in August
The Unified Payments Interface (UPI) has set a new record with 14.96 billion transactions in August 2024, marking a significant year-on-year (YoY) growth of 41%, according to data from the National Payments Corporation of India (NPCI).
01 Sep 2024
Bajaj FinanceBajaj Housing Finance's ₹6,560 crore IPO to open next week
Bajaj Housing Finance is set to launch its initial public offering (IPO) between September 9 and September 11, as per the company's red herring prospectus (RHP).
01 Sep 2024
PVR InoxPVR INOX to shut down 70 non-performing screens across India
PVR INOX, a leading multiplex operator in India, has announced its plan to shut down approximately 60-70 underperforming screens in the fiscal year 2025.
01 Sep 2024
ChinaIndia's trade deficit with China nears $42B in H1 2024
India has achieved a trade surplus with 151 nations, including the US and Netherlands, during the first half of this year.
01 Sep 2024
Gross Domestic ProductSBI lowers FY25 forecast as Q1 growth falls below expectations
India's Gross Domestic Product (GDP) growth for the first quarter of the fiscal year 2024-25 has slowed down to 6.7%, the lowest in the last five quarters.
01 Sep 2024
Federal BankKrishnan Venkat Subramanian is the new CEO of Federal Bank
Federal Bank has announced the appointment of Krishnan Venkat Subramanian as its new Managing Director and CEO.
01 Sep 2024
LPG CylinderLPG price-hike, credit card rules: Key financial changes this September
As we step into September, several significant developments are set to impact personal finances.
31 Aug 2024
Reserve Bank Of India (RBI)15 bank holidays in September: Check state-wise list here
In September 2024, banks across various states in India will remain closed for a total of 15 days.
31 Aug 2024
Reserve Bank Of India (RBI)RBI Governor reveals reasons behind India's Q1 FY25 growth slowdown
Reserve Bank of India (RBI) Governor Shaktikanta Das, has addressed the first quarter growth figures for the current financial year.
31 Aug 2024
Japan'Workaholic' Japan pushes 4-day workweek to counter labor shortages
Japan is actively promoting a four-day workweek to address labor shortages and low birth rates.
31 Aug 2024
AMDEsteemed tech review site 'AnandTech' shuts down after 27 years
AnandTech, a prominent technology review website known for its detailed analysis of computer hardware since 1997, has announced its closure.
31 Aug 2024
Health & WellnessZerodha's Nithin Kamath shares guide to selecting right health insurance
Nithin Kamath, the founder of Zerodha Broking Ltd., has shared his insights on choosing the ideal health insurance plan.
31 Aug 2024
Women SafetyWells Fargo worker dies at desk, goes unnoticed for days
A tragic incident has unfolded at a Wells Fargo office in Tempe, Arizona, where an employee was found dead at her desk after four days.
31 Aug 2024
BrazilMusk's X heads to court in lawsuit against Media Matters
Elon Musk's social media platform X is set to face Media Matters for America in a courtroom battle next year.
31 Aug 2024
InfosysInfosys's pre-training changes leave 1,500 new hires in limbo
Infosys has initiated two rounds of pre-training for approximately 1,500 students from the April 2022 batch having offer letters.
31 Aug 2024
Reliance IndustriesJio Financial aims to disrupt home loan market
Jio Financial Limited (JFL), the financial services division of Reliance Industries Ltd., is preparing to launch its home loan products.
31 Aug 2024
ChinaSetback for China's economy as manufacturing shrinks again
China's manufacturing sector has experienced a contraction for the fourth consecutive month in August, according to official data released on Saturday.
31 Aug 2024
GoogleGoogle Pay unveils new features to simplify transactions
Google Pay has announced a clutch of new features at the Global Fintech Fest (GFF) 2024.
