Business News
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27 Jan 2025
Padma BhushanBibek Debroy awarded Padma Bhushan: Tracing the visionary economist's journey
Renowned economist Bibek Debroy has been posthumously conferred the prestigious Padma Bhushan award for his contributions to literature and education.
27 Jan 2025
Unified Payments Interface (UPI)Juspay poised to become 2025's first unicorn with $150M funding
Juspay, a leading fintech infrastructure company, is set to become the first unicorn of 2025.
27 Jan 2025
Securities and Exchange Board of India₹5.6L salary, 5-year tenure: Applications for next SEBI Chief open
The Indian government has started the process to appoint a new Chairperson for the Securities and Exchange Board of India (SEBI).
27 Jan 2025
AppleiPhone components could soon be made in India
Apple is said to be in talks with Bharat Forge, a leading Indian manufacturing giant, to possibly add it as a supplier of iPhone components.
27 Jan 2025
FinanceLet's shed light on tax benefits of National Pension System
India's National Pension System is a voluntary, long-term investment plan for retirement, regulated by the Pension Fund Regulatory and Development Authority.
27 Jan 2025
FinanceUnlocking the potential of Pradhan Mantri Mudra Yojana for entrepreneurs
The Pradhan Mantri Mudra Yojana (PMMY) is a cornerstone initiative of the Indian government focused on extending affordable credit to micro and small enterprises.
27 Jan 2025
FinanceShedding light on tax benefits for adoptive parents in India
In India, the government provides tax benefits to incentivize adoption.
27 Jan 2025
FinanceTips on crafting financial literacy timelines for Indian families
Financial literacy is the cornerstone of personal and family financial management. In India's complex economic environment, it is even more crucial.
27 Jan 2025
FinanceHow Indian farmers are turning crops into instant cash
Ever thought of a farmer walking into a bank with a bag of wheat and walking out with a loan?
27 Jan 2025
FinanceFreelancers, decode taxes! Section 44ADA simplified for you
Freelancing is no longer just a side hustle—it's a booming career choice in India, with millions embracing the gig economy.
27 Jan 2025
FinanceAre you eligible for India's best-kept tax deduction
India's Income Tax Act is a complex web of sections offering deductions to taxpayers.
27 Jan 2025
SensexSensex plunges over 800 points, investors lose ₹10L crore
Indian equity benchmark indices witnessed a major fall today as Sensex plunged over 800 points to nearly ₹75,348, while Nifty declined below the key level of 23,000 to trade at around 22,826.
27 Jan 2025
FinanceDouble tax? Not anymore! DTAA can come to your rescue
Are you an overseas Indian juggling taxes in two countries?
27 Jan 2025
SpotifySpotify-Universal Music Group sign multi-year deal amid critcisim from artists
Spotify and Universal Music Group (UMG) have signed a new multi-year agreement for recorded music and music publishing.
27 Jan 2025
Donald TrumpPerplexity's revised TikTok merger plan includes 50% US government ownership
Perplexity AI has revised its merger proposal with ByteDance, TikTok's parent company.
26 Jan 2025
ChinaIndia-China direct flights to resume? Talks are currently underway
India's Foreign Secretary Vikram Misri will discuss the resumption of direct flights between India and China during his two-day visit to Beijing, which commenced today.
26 Jan 2025
Initial Public Offering (IPO)Two IPOs, 6 listings to hit Dalal Street this week
Despite continued volatility in the secondary market, Dalal Street is set to welcome two new initial public offerings (IPOs) this week.
26 Jan 2025
Reliance JioTRAI effect: Jio slashes prices of voice, SMS-only recharge plans
Reliance Jio has launched a new plan for voice calls and text messages only, while also slashing the price of an existing plan.
26 Jan 2025
ChinaIndia's exports to US rise to $60B in April-December FY25
India's exports to the United States rose sharply by 5.57% to $59.93 billion in the April-December period of fiscal year 2024-25, government data showed.
26 Jan 2025
Securities and Exchange Board of IndiaMeet 'Dharohar': SEBI's digital archive of the Indian securities market
The Securities and Exchange Board of India (SEBI) has launched a detailed digital knowledge repository called "Dharohar - Milestones in the Indian securities market."
26 Jan 2025
Mutual FundsEquity mutual fund inflows soar to ₹4L crore in 2024
Equity mutual funds in India witnessed a massive surge in inflows last year, almost doubling to ₹4 lakh crore from the previous year's number.
26 Jan 2025
Paramount PicturesTrouble for Skydance? Paramount receives last-minute $13.5B takeover bid
US media conglomerate Paramount Global has received a last-minute $13.5 billion takeover bid from Project Rise Partners (PRP).
26 Jan 2025
Foreign InvestmentFPIs withdraw ₹64,150cr from Indian equities this January
Foreign Portfolio Investors (FPIs) have pulled out a whopping ₹64,156 crore from Indian equities this month.
26 Jan 2025
Reliance Industries4 top Indian firms lose ₹1.25L crore in market valuation
Four of India's most valued companies, including Reliance Industries, saw their combined market valuation plummet by a whopping ₹1.25 lakh crore last week.
26 Jan 2025
SwiggyZomato-rival Swiggy grants ESOPs worth ₹1,171cr to its employees
Swiggy, a popular food delivery platform in India, has issued 2.61 crore shares to its employees under different Employee Stock Ownership Plan (ESOP) schemes.
26 Jan 2025
Indian GovernmentWhat is Unified Pension Scheme introduced for central government employees
The Finance Ministry has announced a new pension scheme, the Unified Pension Scheme (UPS), which will come into effect from April 1, 2025.
26 Jan 2025
OpenAIOpenAI sued by Indian publishers over copyright infringement allegations
OpenAI, the leading artificial intelligence (AI) company, has been slapped with a copyright infringement lawsuit by Indian and international book publishers.
25 Jan 2025
Foreign InvestmentFIIs dump ₹66,600cr in equities: What triggered the January sell-off?
Foreign Institutional Investors (FIIs) have maintained their aggressive selling spree in the Indian equity markets throughout January.
25 Jan 2025
ICICI BankICICI Bank's Q3 results: Net profit surges 15% to ₹11,792cr
India's second-largest private sector lender, ICICI Bank, has reported a massive 14.8% YoY jump in its standalone profit after tax for the third quarter.
25 Jan 2025
Bill GatesBill Gates backs Elon Musk's Dogecoin vision, fiscal strategy
Former Microsoft CEO and famous philanthropist Bill Gates has publicly endorsed Tesla CEO Elon Musk's fiscal strategy and his support for Dogecoin.
25 Jan 2025
Yes BankYes Bank's Q3 profit surges by over 160% to ₹612.27cr
Yes Bank has posted a whopping 164.5% YoY jump in its profit after tax (PAT) for the third quarter ending December 2024, at ₹612.27 crore.
25 Jan 2025
Artificial Intelligence and Machine LearningAI voice firm ElevenLabs raises $250M at over $3B valuation
New York-based synthetic voice start-up ElevenLabs has raised a whopping $250 million in a Series C funding round.
25 Jan 2025
StarbucksStarbucks CEO Brian Niccol's 4-month earnings surpass Apple, Google chiefs
Brian Niccol, the new CEO of Starbucks, has been awarded a compensation package of around $96 million for his first four months of work in 2024.
25 Jan 2025
Elon MuskElon Musk admits X's financial struggles in email to staff
Elon Musk has admitted to the financial woes of his social media platform X.
25 Jan 2025
Sam AltmanSam Altman-backed start-up is raising $1B to extend human lifespan
OpenAI CEO Sam Altman backs Retro Biosciences, a San Francisco-based biotech start-up that wants to extend human lifespan by 10 years beyond what it describes as a healthy lifespan.
24 Jan 2025
IndiaIndia's business activity hits 14-month low in January
India's business activity recorded its slowest growth rate in over a year, as per the HSBC Flash India Composite Purchasing Managers Index (PMI) conducted by S&P Global showed.
24 Jan 2025
AmulAmul reduces milk prices by ₹1/liter, first cut in years
In a relief for consumers, Amul, India's leading dairy brand, has announced a price cut of ₹1 on some of its milk variants.
24 Jan 2025
IndiGoIndiGo's Q3 net profit dips 18% despite increase in revenue
InterGlobe Aviation, the parent company of IndiGo, has reported an 18% year-on-year (YoY) decline in its consolidated net profit for the December quarter.
24 Jan 2025
AppleTata buys majority stake in iPhone-maker Pegatron's India unit
Tata Electronics Private Limited (TEPL) has successfully acquired a 60% controlling stake in the Pegatron Technology India Private Limited (PTI), a major assembly partner for Apple.
24 Jan 2025
San FranciscoStart-up founder—who siphoned millions from investors to enjoy lavish lifestyle—arrested
Alexander and Valerie Beckman, a San Francisco couple, have been indicted on 25 federal charges in connection with their AI company, GameOn Inc.
