Business News
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03 Jan 2025
Mark ZuckerbergTrump-friendly Joel Kaplan replaces Nick Clegg as Meta's policy chief
Meta has announced a major overhaul in its policy team, just ahead of President-elect Donald Trump's inauguration.
03 Jan 2025
Indian EconomyRural poverty in India falls below 5% for first time
Rural poverty in India has witnessed a sharp decline, dropping below 5% for the first time in FY 2023-24. The finding comes from a recent SBI Research study.
03 Jan 2025
Competition Commission of IndiaApple to face antitrust charges in India: Here's why
The Competition Commission of India (CCI) has reportedly found evidence of anti-competitive conduct by Apple in relation to its App Store operations in the country.
02 Jan 2025
Reliance JioVi's 5G launch could benefit Jio, Airtel users: Here's why
Vodafone Idea (Vi) will launch its 5G mobile broadband service in India this March, the Economic Times reported.
02 Jan 2025
ChinaChina's manufacturing sector loses momentum, factory activity growth slows down
China's manufacturing sector saw a slowdown in its expansion rate in December 2024, the Caixin manufacturing purchasing managers index revealed.
02 Jan 2025
Reserve Bank Of India (RBI)GST will not be applicable to gift vouchers and cards
The Central Board of Indirect Taxes and Customs (CBIC) has clarified that prepaid vouchers, such as gift cards and digital wallets, are exempt from Goods and Services Tax (GST).
02 Jan 2025
Initial Public Offering (IPO)Jio's IPO will break all records. Here's when it'll launch
Billionaire business tycoon Mukesh Ambani is said to be finalizing plans for an initial public offering (IPO) of Reliance Jio.
02 Jan 2025
InfosysSensex gains over 1,200 points: 5 factors driving today's rally
India's benchmark indices witnessed a massive rally today, with the BSE Sensex jumping over 1,200 points and the Nifty 50 rising over 350 points to cross the 24,100 mark.
02 Jan 2025
JapanMeet the 75-year-old Japanese millionaire living on coupons for decades
A 75-year-old Japanese millionaire, named Hiroto Kiritani, has taken the internet by storm with his frugal lifestyle.
02 Jan 2025
Indian EconomyIndia's manufacturing activity hits 12-month low in December 2024
India's manufacturing sector slowed down in December 2024, with the Purchasing Managers's Index (PMI) falling to a 12-month low of 56.4.
02 Jan 2025
Stock MarketThis multibagger stock—with 850% returns since 2022—is giving bonus shares
KPI Green Energy has announced the record date for its next 1:2 bonus share issuance.
01 Jan 2025
FlipkartSwiggy and Flipkart-backer Accel raises $650M for 8th India-focused fund
Accel, a top global investment firm, has raised $650 million for its eighth India-focused fund.
01 Jan 2025
GSTGST collection for December surges 7.3% YoY to ₹1.77L crore
India's Goods and Services Tax (GST) collection for December 2024, has seen a sharp 7.3% year-on-year rise, hitting ₹1.77 lakh crore.
01 Jan 2025
Reliance IndustriesViacom18 is now a subsidiary of Reliance Industries
Reliance Industries Limited (RIL) has officially acquired a majority stake in Viacom18 Media Private Limited, making it a subsidiary of the conglomerate.
01 Jan 2025
FinanceEaseMyTrip CEO Nishant Pitti steps down, Rikant Pittie takes over
Nishant Pitti, the co-founder and promoter of Easy Trip Planners (the parent company of EaseMyTrip), has stepped down as the company's CEO citing personal reasons.
01 Jan 2025
BlinkitChips, chocolates: What Indians ordered online on New Year's Eve
The arrival of 2025 was celebrated at home across India, and quick commerce platforms like Blinkit and Swiggy Instamart saw a spike in demand for party essentials.
01 Jan 2025
DelhiLPG price cut: 19kg commercial cylinder becomes cheaper by ₹14.5
State-owned oil marketing companies in India, have reduced the prices of 19kg commercial liquefied petroleum gas (LPG) cylinders across major metro cities.
31 Dec 2024
BlinkitBlinkit's CEO Albinder Dhindsa might deliver your order today
Albinder Dhindsa, the CEO of Blinkit, traded his executive position for that of a delivery agent on New Year's Eve.
31 Dec 2024
BlinkitSwiggy Instamart-rival Blinkit launches large order fleet in Delhi, Gurugram
Blinkit, a popular quick commerce platform in India, has launched a large order fleet in Delhi and Gurugram.
31 Dec 2024
IndiaYou'll soon be able to buy Philips TVs in India
Chinese firm Skyworth is partnering with Indian television manufacturer Super Plastronics, to bring back Philips-branded TVs to the Indian market, as per The Economic Times. They should be launched this month.
31 Dec 2024
BigBasketYou can order food, medicines on BigBasket from 2025
BigBasket, a popular quick commerce platform in India, is gearing up to expand its services in 2025.
31 Dec 2024
ITC LimitedITC Hotels demerger effective January 1: What shareholders should know
The much-awaited demerger of ITC Hotels will come into effect from tomorrow, January 1.
31 Dec 2024
National Payments Corporation of IndiaNPCI delays rules that aim to break PhonePe-Google Pay duopoly
The National Payments Corporation of India (NPCI) has deferred the enforcement of 30% cap on individual app transactions through the Unified Payments Interface (UPI), until December 31, 2026.
31 Dec 2024
InflationGold prices skyrocket in 2024: Will trend continue in 2025?
Gold and silver have ended 2024 on a high note. The precious yellow metal has recorded its best annual performance in over a decade, rising over 26%.
31 Dec 2024
Nifty₹1.2 trillion FPI sell-off makes 2024 second-worst year since 2014
2024 has seen the second-highest sell-off of Indian stocks by foreign investors in a decade, with foreign portfolio investors (FPIs) selling ₹1,20,598.42 crore in secondary markets.
31 Dec 2024
GSTGST annual return filing deadline today: Who needs to file?
The Goods and Services Tax (GST) annual return (GSTR-9) for the financial year 2023-24, is due today, December 31, 2024.
31 Dec 2024
Income Tax Department of IndiaDeadline for settling I-T disputes without penalties extended: Check date
The Income Tax Department has announced an extension to the deadline for the Vivad Se Vishwas Scheme 2024.
31 Dec 2024
Bombay Stock Exchange (BSE)Stellar debut! Unimech Aerospace shares list at 90% premium
Unimech Aerospace and Manufacturing made a stellar debut on the stock market today, with its shares listing at ₹1,491 per share on the Bombay Stock Exchange (BSE). This is a massive premium of ₹706 or 89.9% over the issue price of ₹785.
31 Dec 2024
Reserve Bank Of India (RBI)RTGS, NEFT transactions get safer with this new RBI feature
The Reserve Bank of India (RBI) has announced that it will launch a name look-up facility for Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) systems by April 1, 2025.
30 Dec 2024
Ather EnergyOla Electric-rival Ather Energy gets SEBI's approval for IPO
Ather Energy, a leading player in the electric two-wheeler space, has received final approval from the Securities and Exchange Board of India (SEBI) to launch its Initial Public Offering (IPO).
30 Dec 2024
IndiaJapanese luxury footwear brand Onitsuka Tiger eyes manufacturing in India
Japanese luxury footwear brand Onitsuka Tiger, a subsidiary of Asics Corporation, is considering setting up a manufacturing base in India.
30 Dec 2024
IndiaEaseMyTrip's co-founder Nishant Pitti to sell remaining stake for ₹780cr
Nishant Pitti, the co-founder of EaseMyTrip, is selling his remaining 14% stake in the company for ₹780 crore.
30 Dec 2024
Initial Public Offering (IPO)Edtech giant PhysicsWallah plans $500M IPO, eyes $5B valuation
Indian edtech giant, PhysicsWallah, is gearing up for an Initial Public Offering (IPO) in the next four to six months.
30 Dec 2024
Adani GroupAdani Enterprises to end FMCG joint venture with Wilmar International
Adani Enterprises, the flagship firm of the Adani Group, has announced its decision to sell its entire stake in Adani Wilmar.
30 Dec 2024
Income Tax Department of IndiaJanuary 2025 tax calendar: Key deadlines you shouldn't miss
As we enter the new year, it's important to note the tax-related deadlines for January 2025. Timely compliance with these dates is imperative to avoid penalties and interest charges.
30 Dec 2024
Mahindra GroupMahindra receives funding worth ₹650cr to expand EV business
Mahindra Electric Automobile Limited (MEAL) has received a final tranche of ₹650 crore funding from British International Investment (BII).
30 Dec 2024
ChinaChina's central bank holds shares worth ₹40,000cr in Indian firms
Despite persistent geopolitical tensions between the two nations, the People's Bank of China (PBOC) has been gradually expanding its investment portfolio in India.
30 Dec 2024
National Payments Corporation of IndiaPF to FD: Key financial changes taking effect in 2025
The year 2025 will bring a number of major changes across different financial sectors, in order to streamline processes, improve benefits, and enhance accessibility for customers.
30 Dec 2024
IKEAIKEA's India sales growth hits 6-year low amid rising losses
IKEA, the world's largest furniture retailer, has reported a 5% increase in its India sales for FY24. This is the slowest growth rate since the company entered the Indian market six years ago.
30 Dec 2024
ZeptoZepto's VP of operations resigns amidst high-level exits
Zepto's Vice President of Central Operations, Jitendra Bagga, has resigned after a nine-month stint with the company.
