Business News

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14 Jan 2025

JP Morgan

JPMorgan Chase ends remote work, employees consider unionizing

JPMorgan Chase has announced that from March onward, all its employees will be required to work in-office five days a week.

14 Jan 2025

Zomato

Zomato may become a Nifty 50 share this March

Brokerage firm JM Financial has projected that food delivery giant Zomato could be included in the Nifty 50 index, after its bi-annual revision in February.

14 Jan 2025

India

How India's new data protection rules may impact OTT platforms

The draft Digital Personal Data Protection Rules, 2025 are likely to have a major effect on the functioning of OTT platforms in India.

14 Jan 2025

World Economic Forum

AI to render 39% job skills obsolete by 2030: WEF

The World Economic Forum's Future of Jobs Report 2025 has warned about the impact of AI on the global job market.

14 Jan 2025

Inflation

India's wholesale inflation rises in December, food inflation nears 9%

India's wholesale inflation, measured by the Wholesale Price Index (WPI), increased to 2.37% in December from 1.89% in November, despite a marginal change in food prices.

14 Jan 2025

Starbucks

Starbucks wants you to buy something or leave

Starbucks, the world's largest coffee chain, has announced a major policy shift for its North American outlets.

Urban Company to file papers for ₹3,000cr IPO by March

Urban Company, a top home services start-up, is gearing up to file draft papers for a ₹3,000 crore initial public offering (IPO).

14 Jan 2025

Cryptocurrency

Robinhood agrees to $45M settlement with SEC: What went wrong?

Robinhood Markets Inc. has reached a $45 million settlement with the US Securities and Exchange Commission (SEC).

13 Jan 2025

Insurance

Is your life insurance payout taxable? Here's the truth

Imagine getting a life insurance payout and finding out you owe taxes on it—surprising, right? In India, not all life insurance benefits are tax-free.

13 Jan 2025

Finance

Credit cards sprout new benefits for India's hydroponic farmers

Hydroponic farming is growing deep roots in India's urban landscape, with soil-less agriculture becoming a profitable and sustainable trend.

13 Jan 2025

Finance

Say 'I do' to savings with virtual wedding planning tools

In India, where weddings are lavish celebrations of love and tradition, managing costs can feel like a herculean task.

13 Jan 2025

Finance

Stuck with high loan rates? Here's your way out

Feeling strangled by sky-high loan interest rates? Good news—you can breathe easier! Borrowers in India are embracing the smart move of switching lenders through balance transfer loans. This handy tool lets you shift your loan to a different bank offering sweeter deals.

13 Jan 2025

Finance

Score rewards and cashback with these top 5 credit cards

Choosing the right credit card is crucial for getting the most out of your shopping experience, particularly if you love a good deal at thrift stores or online.

13 Jan 2025

Apple

Apple faces £1.5B lawsuit over App Store 'overcharging' in UK

Apple is about to be hit with a class-action lawsuit in the UK, demanding £1.5 billion ($1.84 billion) in damages for anti-competitive practices with its App Store.

Is 'Jumped Deposit' scam targeting UPI users? NPCI clarifies

The National Payments Corporation of India (NCPI) has issued a statement dismissing recent media reports about a possible "Jumped Deposit" scam targeting Unified Payments Interface (UPI) users.

13 Jan 2025

Inflation

India's retail inflation moderates to 5.22% in December

India's retail inflation has witnessed a decline, hitting a four-month low in December.

13 Jan 2025

Finance

Why car ownership in India goes beyond one-time showroom splurge

Dreaming of owning a car? Think it's all about that glossy new ride and the freedom of the open road? Think again!

13 Jan 2025

Finance

Demystifying co-branded credit cards for Indian shoppers

Co-branded credit cards are the result of collaborations between credit card issuers and well-known retail brands, providing users with rewards, discounts, and perks at the partnered brand's outlets.

13 Jan 2025

Finance

Here's everything to know about firecracker liability insurance in India

India is a land of vibrant festivals, and firecrackers are an integral part of celebrations, adding a touch of sparkle to the festivities.

13 Jan 2025

Finance

Know how to craft digital detox strategies to boost savings

In a world where binge-worthy shows, premium apps, and endless scrolls rule our routines, digital expenses sneakily drain your wallet.

13 Jan 2025

Finance

Financial planning hacks every Indian single parent must know

Being a single parent in India isn't just about juggling school runs and office meetings — it's about being the sole captain of your financial ship.

13 Jan 2025

China

Apple's iPhone sales decline 5% amid Chinese competition, AI delay

Apple has seen a 5% decline in its global iPhone sales in the last quarter of 2024.

13 Jan 2025

Finance

Insurance secrets every Indian artisan should know

Millions rely on India's vibrant arts and crafts for their livelihood, they represent our rich cultural heritage.

13 Jan 2025

Paytm

Paytm introduces digital payment solutions for Maha Kumbh 2025

Paytm, a subsidiary of One97 Communications Limited (OCL), has announced its participation in the Maha Kumbh 2025.

13 Jan 2025

Sensex

Bloodbath on Dalal Street: 500 stocks hit 1-year lows

The Indian stock market took a massive hit on January 13, with more than 500 stocks crashing to their lowest levels in a year.

Zerodha-rival Groww is preparing for $700M IPO: Report

Bengaluru-based stockbroking giant Groww is in talks with a number of investment bankers for its initial public offering (IPO), according to Moneycontrol.

13 Jan 2025

Startups

Indian fintech start-ups raised $1.9B in 2024, down 32% YoY

Indian fintech start-ups raised a total of $1.9 billion in funding last year, according to Tracxn's annual Fintech Report.

Rupee on autopilot? RBI considers hands-off approach to manage currency

The Reserve Bank of India (RBI) is mulling a change in its currency intervention strategy, The Economic Times reported citing market insiders.

13 Jan 2025

Infosys

Infosys's annual salary increment process to begin in February: Report

Infosys is all set to kick-start its annual salary increment process in February, according to The Economic Times.

13 Jan 2025

Finance

Maximizing savings account interest for Indian savers

In the current low-interest rate environment, knowing how to squeeze every last drop of interest from savings accounts has become a key skill for Indian savers.

13 Jan 2025

Apple

iPhone exports from India cross ₹1 lakh crore in 2024

Apple has hit a major milestone in its India operations, with iPhone exports exceeding the ₹1 lakh crore mark in 2024.

IPO-bound Zepto gets approval to shift domicile back to India

The National Company Law Tribunal (NCLT) has approved the merger of Kiranakart Technologies, the parent company of quick commerce platform Zepto, with its Singapore-based counterpart Kiranakart Pte Ltd.

13 Jan 2025

China

China's trade surplus hits record $1T as exports surge

China's trade surplus hit a record high of $992 billion in 2024, the country's customs administration reported.

13 Jan 2025

Sensex

Sensex nosedives 800 points: What's behind today's stock market crash

The Indian stock market fell sharply for the fourth consecutive day today, with the BSE Sensex crashing by over 800 points. The fall comes mainly due to rising crude oil prices and a depreciating rupee.

13 Jan 2025

Indian Rupee (INR)

Indian rupee weakens to lifetime low of 86.2 per USD

The Indian rupee opened at a record low of 86.20 against the US dollar, depreciating five paise from its previous close.

13 Jan 2025

Ather Energy

EV-maker Ather Energy eyes $2.4B valuation for upcoming IPO

Popular electric two-wheeler maker Ather Energy is preparing for its IPO. The company is likely to value itself at a whopping $2.4 billion in the upcoming event, reported The Economic Times.

12 Jan 2025

Air India

How Air India is capitalizing on growth opportunities with seating

Air India, which has been under the Tata Group's leadership since January 2022, has announced plans to expand its premium economy and business class seating capacity.

12 Jan 2025

Amazon

Why Amazon wants to discontinue 'Try Before You Buy' service

Amazon will discontinue its 'Try Before You Buy' service for Prime members in the US starting January 31.

12 Jan 2025

India

D-Mart announces leadership change, Unilever's Anshul Asawa to become CEO

Avenue Supermarts, the parent company of D-Mart, has announced a major overhaul in its top-tier management.

12 Jan 2025

Zomato

Zomato gives cheeky response to L&T chief's 90-hour workweek suggestion

Zomato has hilariously reacted to the raging debate over a 90-hour work week, first suggested by Larsen & Toubro Chairman SN Subrahmanyan.