Business News
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03 Feb 2025
PorschePorsche considers terminating CFO, sales chief contracts amid poor sales
German luxury car maker, Porsche, is considering firing its Chief Financial Officer Lutz Meschke and Sales Executive Detlev von Platen.
03 Feb 2025
BitcoinBitcoin, Ethereum, other tokens crash following Trump's new tariff imposition
The cryptocurrency market witnessed a major crash on Monday, with Bitcoin and Ethereum taking the biggest hits.
03 Feb 2025
Samsung ElectronicsSamsung chief cleared of fraud charges in 2015 merger case
Jay Y. Lee, chairman of Samsung Electronics, has been cleared by a Seoul appeal court in a stock manipulation and accounting fraud case.
03 Feb 2025
ChatGPTOpenAI, SoftBank partner to offer custom AI services to corporates
OpenAI and SoftBank Group have announced a strategic partnership to create and market an innovative enterprise artificial intelligence (AI) system, "Cristal intelligence."
03 Feb 2025
InflationIndia's factory activity in January hits 6-month high
India's factory activity witnessed a major spike in January 2025, recording the fastest growth rate in six months.
03 Feb 2025
Donald TrumpSensex plunges 600 points as Trump's tariffs shake global markets
Indian stock markets witnessed a fall in today's opening session, with the BSE Sensex losing over 600 points to trade at 76,910. This is a loss of nearly 0.8%.
03 Feb 2025
Donald TrumpIndian rupee hits lifetime low, crosses 87-per-dollar for first time
The Indian rupee breached the 87 per dollar mark for the first time today, a steep fall from its previous close of 86.61/$ on January 31.
02 Feb 2025
Air IndiaAir India announces sale with fares starting at just ₹1,499
In a bid to boost demand, Air India has launched a limited-time promotional campaign, the 'Namaste World' sale.
02 Feb 2025
Nirmala SitharamanSenior citizens need not pay taxes on NSS withdrawals anymore
In a major relief for senior citizens with old National Savings Scheme (NSS) accounts, Finance Minister Nirmala Sitharaman has announced a tax exemption.
02 Feb 2025
Nirmala SitharamanINR not falling against any currency barring USD: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has rejected fears over the depreciation of the Indian Rupee.
02 Feb 2025
GSTJanuary's GST collections stand at ₹1.72L crore, second-highest ever
India's Goods and Services Tax (GST) collections for January 2025 have hit ₹1.72 lakh crore, according to provisional data from the Ministry of Finance.
02 Feb 2025
VolkswagenVolkswagen sues Modi government over 'impossibly enormous' $1.4B tax demand
Volkswagen has sued the Indian government over a tax demand of $1.4 billion, which it considers "impossibly enormous."
02 Feb 2025
Reliance IndustriesReliance Retail brings back Shein to India after 5 years
Reliance Retail, the subsidiary of Mukesh Ambani's Reliance Industries, has brought Chinese fashion brand Shein back to the Indian market.
02 Feb 2025
FlipkartFlipkart rebrands grocery service as 'Kilos,' promises wholesale prices
India's leading e-commerce platform Flipkart has rebranded its grocery business to 'Kilos.' The company's new strategy is to offer everyday essentials at wholesale prices.
02 Feb 2025
Elon MuskElon Musk's X expands lawsuit against advertisers over alleged boycott
Elon Musk's company X has widened its legal battle against a number of major advertisers. The firm claims that these companies conspired to boycott advertising on its platform after Musk took over.
01 Feb 2025
Narendra ModiYou now have 4 years to file updated tax returns
Finance Minister Nirmala Sitharaman has announced an extension in the time limit for filing updated tax returns for any assessment year, while presenting the budget under Prime Minister Narendra Modi's administration.
01 Feb 2025
MicrosoftLinkedIn lawsuit over use of customer-data for AI training dismissed
A proposed class action lawsuit against LinkedIn has been thrown out.
01 Feb 2025
Apple WatchApple agrees to $20M settlement over Watch battery swelling issue
Apple has agreed to a $20 million settlement, in response to a 2019 class-action lawsuit.
01 Feb 2025
BiharBudget 2025: Revamped UDAN scheme to connect 120 new destinations
In her latest budget speech, Finance Minister Nirmala Sitharaman has unveiled plans for a revamped UDAN (Ude Desh ka Aam Naagrik) scheme.
01 Feb 2025
Union BudgetRelief for taxpayers: Income tax exemption limit increased to ₹4L
The Union Budget for the fiscal year 2025-26 has brought a major change in the income tax structure. The basic exemption limit under the new tax regime has been increased from ₹3 lakh to ₹4 lakh.
01 Feb 2025
Nirmala SitharamanBudget 2025: Government to generate 100GW nuclear power by 2047
Finance Minister Nirmala Sitharaman has announced a plan to set up 100 gigawatts (GW) of nuclear power capacity by 2047.
01 Feb 2025
Make in IndiaBudget 2025: FM announces national manufacturing mission to boost self-reliance
In the latest Union Budget, Finance Minister Nirmala Sitharaman has announced a national manufacturing mission.
01 Feb 2025
Nirmala SitharamanSWAMIH Fund-2: Government's ₹15,000 crore plan to complete stalled projects
Finance Minister Nirmala Sitharaman has announced a new ₹15,000 crore initiative, called 'SWAMIH Fund-2.'
01 Feb 2025
Nirmala SitharamanBudget 2025: Centre pegs FY26 fiscal deficit target at 4.4%
Finance Minister Nirmala Sitharaman has pegged the fiscal deficit target for the financial year 2025-26 at 4.4%.
01 Feb 2025
Narendra ModiHow long was Sitharaman's 2025 Budget speech
Finance Minister Nirmala Sitharaman on Saturday presented her eighth consecutive Union Budget for the fiscal year 2025-26.
01 Feb 2025
Nirmala SitharamanGovernment to launch updated central KYC registry in 2025
The Indian government will soon launch a revamped version of the central Know Your Customer (KYC) Registry, Finance Minister Nirmala Sitharaman announced during the Union Budget 2025-26 presentation.
01 Feb 2025
Nirmala SitharamanSitharaman announces Jan Vishwas Bill 2.0 to decriminalize business laws
Finance Minister Nirmala Sitharaman has announced the introduction of the Jan Vishwas Bill 2.0 in her Union Budget 2025-26 presentation in Parliament.
01 Feb 2025
Nirmala SitharamanBudget 2025: India's defense budget increased to ₹6.81 lakh crore
In her eighth consecutive budget speech, Finance Minister Nirmala Sitharaman has announced an allocation of ₹6.81 lakh crore for defense in the fiscal year 2025.
01 Feb 2025
BiharBudget bonanza for Bihar; state gets new airports, institutes
Union Finance Minister Nirmala Sitharaman has announced a slew of initiatives for Bihar in the Union Budget 2025.
01 Feb 2025
Union BudgetBudget 2025: ₹2cr loan scheme announced for women, SC/ST entrepreneurs
Finance Minister Nirmala Sitharaman has unveiled the Union Budget for 2025-26, her eighth consecutive presentation.
01 Feb 2025
Indian GovernmentBudget 2025: All government hospitals to get daycare cancer centers
In a major healthcare announcement, the Indian government has unveiled plans to set up daycare cancer centers in all district hospitals across the country over the next three years.
01 Feb 2025
Central Board of Direct Taxes (CBDT)New income tax bill to be introduced next week: Sitharaman
Finance Minister Nirmala Sitharaman has announced the introduction of a new income tax bill, which will be presented in Parliament next week.
01 Feb 2025
Indian GovernmentUnion Budget 2025: 100% FDI announced for insurance sector
As part of its Union Budget for 2025-26, the Indian government has announced a major hike in the Foreign Direct Investment (FDI) limit for the insurance sector.
01 Feb 2025
CancerUnion Budget 2025: What's cheaper and what's costlier now
The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, has made some major changes to the customs duty structure.
01 Feb 2025
Union BudgetBudget 2025—India Post to be revamped into public logistics organization
Finance Minister Nirmala Sitharaman has announced a major transformation of India Post into a large public logistics organization, improving rural post offices with India Post Payment Bank.
01 Feb 2025
Nirmala SitharamanBudget 2025: Government to establish ₹1L crore Urban Challenge Fund
During her Union Budget presentation for 2025-26, Finance Minister Nirmala Sitharaman announced the creation of an Urban Challenge Fund worth ₹1 lakh crore.
01 Feb 2025
Nirmala SitharamanBudget 2025: Gig workers to receive government-issued ID cards, healthcare
In a big move, Finance Minister Nirmala Sitharaman has announced in the Union Budget 2025 that India's gig workers will be given health insurance under the government's Jan Arogya scheme.
01 Feb 2025
Nirmohi AkharaNo income tax for those earning up to ₹12 lakh
Finance Minister Nirmala Sitharaman has announced that there will be no income tax for an income of up to ₹12 lakh under the new regime.
01 Feb 2025
Nirmala SitharamanUnion Budget 2025: Nirmala Sitharaman doubles credit guarantee for MSMEs
In her Union Budget speech, Finance Minister Nirmala Sitharaman has announced a major hike in the credit guarantee cover for micro and small enterprises (MSMEs).
01 Feb 2025
Nirmala SitharamanBudget 2025: 36 life-saving drugs exempted from basic customs duties
Finance Minister Nirmala Sitharaman has announced that a total of 36 life-saving medicines have been exempted from basic customs duties, which could bring down healthcare costs for many Indians.
