Business News
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12 Feb 2025
Indian GovernmentIncome Tax Bill 2025: All major changes coming for taxpayers
The Indian government is gearing up to introduce the new Income Tax Bill 2025, which will replace the existing Income Tax Act of 1961.
12 Feb 2025
IndiaIndia's industrial production growth falls to 3.2% in December
India's industrial output, measured by the Index of Industrial Production (IIP), has slowed down.
12 Feb 2025
Kotak Mahindra BankRBI removes ban on Kotak Mahindra Bank's online customer onboarding
The Reserve Bank of India (RBI) has removed the restrictions it had earlier imposed on Kotak Mahindra Bank, preventing it from acquiring new customers through its digital channels.
12 Feb 2025
Tata Motors LtdTata Motors' shares hit 14-month low: Is the worst over?
Tata Motors, one of the leading global automobile manufacturers, is currently facing a major crash in its share value.
12 Feb 2025
InflationIndia's January inflation cools to 4.31% as food prices moderate
India's retail inflation has witnessed a sharp decline, dropping to 4.31% in January from 5.22% in December last year.
12 Feb 2025
NiftyNifty valuation falls below 3-year average: Is it buying opportunity?
The Nifty 50, a benchmark index representing India's top 50 companies by market capitalization, has witnessed its valuation slip below the three-year average.
12 Feb 2025
InfosysIT major Infosys to hike salaries by 5-8%
India's second-largest software company, Infosys, will be handing out salary increment letters to its employees by the end of this month.
12 Feb 2025
ParliamentIncome Tax Bill 2025 to redefine taxation on online gaming
The new Income Tax Bill should be introduced in the Parliament tomorrow.
12 Feb 2025
ChinaCrash victim in China forced to pay $23,000 to Tesla
Tesla sued a Chinese woman named Zhang Yazhou for defamation and won $23,000 in damages.
12 Feb 2025
StartupsThis Coimbatore-based AI start-up is rewarding employees with ₹14cr bonus
Kovai.co, a Coimbatore-based artificial intelligence (AI) start-up, has recently shared a whopping ₹14 crore bonus with its 140 employees.
12 Feb 2025
Indian GovernmentNo AY, FY! Income Tax Bill simplifies tax year terminology
The Indian government will introduce the new Income Tax Bill 2025 in the Lok Sabha on February 13.
12 Feb 2025
FoxconniPhone-maker Foxconn open to buying Renault's stake in Nissan
Foxconn, or Hon Hai Precision Industry, has shown interest in buying Renault SA's stake in Nissan Motor Co. The deal could give a much-needed boost to the struggling Japanese automaker.
12 Feb 2025
Reserve Bank Of India (RBI)RBI to inject ₹2.5L crore into banking system: Here's why
The Reserve Bank of India (RBI) will inject a record ₹2.5 trillion (nearly $29 billion) into the country's banking system through an overnight variable rate repo auction.
12 Feb 2025
SoftBank GroupSoftBank reports $2.4B loss in Q3 amid huge AI investments
SoftBank Group has reported a massive third-quarter loss of ¥369.165 billion (nearly $2.4 billion) for the fiscal year 2024.
12 Feb 2025
AmazonAmazon is redirecting users to brands' websites for unavailable products
Amazon has announced a trial run of a new feature that redirects customers to the brands' websites for products not available in its inventory.
12 Feb 2025
NiftySensex, Nifty crash for 6th day in a row
India's top stock market indices, Sensex and Nifty, plunged nearly 1% on Wednesday. This is their sixth straight day of losses.
12 Feb 2025
Artificial Intelligence and Machine LearningThomson Reuters wins AI copyright lawsuit—judge quashes free use defense
Global media and technology giant Thomson Reuters has won the first major AI copyright case in the US.
11 Feb 2025
Larsen & ToubroL&T chairman blames MGNREGA, Jan Dhan schemes for labor shortage
Larsen & Toubro (L&T), India's top engineering firm, is facing a labor shortage and an attrition rate that has quadrupled.
11 Feb 2025
Securities and Exchange Board of IndiaNRI investor turns $1 into $328M; SEBI intervenes
The Securities and Exchange Board of India (SEBI) has slapped a trading ban on Himachal Pradesh-based LS Industries, its promoter Profound Finance, and four other entities.
11 Feb 2025
FinanceEvery water sports junkie should read this insurance guide
Water sports are all the rage in India! Adrenaline junkies are flocking to Goa, Kerala, and Andaman for jet skiing, parasailing, and scuba diving.
11 Feb 2025
FinanceHow is income from crypto taxed in India
Cryptocurrency has become a buzzword in India's financial landscape, attracting both seasoned investors and novices alike.
11 Feb 2025
Mutual FundsYou can use shares as collateral and get instant funds
When it comes to financial flexibility, most Indian investors don't realize their portfolio can work harder than simply growing over time.
11 Feb 2025
FinanceIf you are into astronomy, get your telescopes insured
Astronomy, a hobby that literally and metaphorically connects us to the infinite universe, can be as captivating as it is costly.
11 Feb 2025
GoogleGoogle opens Play Store advertising to skill-based games
Google is going to change its "Gambling and Games" advertising policy, starting April 14, 2025.
11 Feb 2025
Indian Railway Catering and Tourism CorporationIRCTC's Q3 net profit surges by 14% to ₹341 crore
The Indian Railway Catering and Tourism Corporation (IRCTC) has reported a 13.7% increase in its consolidated net profit for the third quarter of the fiscal year 2024-25.
11 Feb 2025
BharatPeBharatPe's new feature secures UPI payments for Maha Kumbh visitors
To protect devotees from possible online frauds amid the ongoing Mahakumbh 2025 in Prayagraj, BharatPe has launched a new initiative, the 'Maha Kumbh Shield.'
11 Feb 2025
Indian Rupee (INR)When will Indian rupee stabilize? Chief Economic Advisor weighs in
India's Chief Economic Advisor (CEA), Dr. V Anantha Nageswaran, has predicted that the depreciation of the Indian rupee could slow down if inflation is tamed.
11 Feb 2025
Physics WallahEdtech giant Physics Wallah raising $26M at $3.7B valuation: Report
Leading edtech start-up Physics Wallah is raising $22-26 million in a secondary funding round, as per HT Mint.
11 Feb 2025
IndiaIndians can look forward to 6-15% salary hike this year
The Indian job market is set to witness a major salary hike this year, with annual increments expected to fall between 6% and 15% across sectors.
11 Feb 2025
HDFC BankYour credit card is changing: Here's how to maximize benefits
Leading Indian banks, including Axis Bank, HDFC Bank, SBI Card, and YES Bank have recently revised their credit card fees and regulations.
11 Feb 2025
Coca-ColaMaha Kumbh to add $23 billion to India's economy
The Maha Kumbh, a major religious congregation held once every 12 years in Prayagraj, northern India, is likely to draw around 45 crore people over six weeks.
11 Feb 2025
Reserve Bank Of India (RBI)INR surges 1%, marking biggest rally in over 2 years
The Indian rupee witnessed its biggest rally in over two years, recovering the 87 mark against the US dollar on February 11.
11 Feb 2025
Indian Railways'Aiming to add 500GW of renewable energy by 2030': Modi
Prime Minister Narendra Modi has detailed an ambitious energy plan for India, during his virtual address at the India Energy Week 2025.
11 Feb 2025
IndiaModi government unlikely to lift ban on Chinese investments
India's Chief Economic Adviser V. Anantha Nageswaran has said that the country isn't looking to lift its ban on Chinese investments anytime soon.
11 Feb 2025
Axis Bank LtdNow open Axis Bank FDs using funds from other banks
In a major move, Axis Bank has introduced a new feature on its mobile app, allowing customers to open fixed deposits (FDs) using money from non-Axis Bank accounts.
11 Feb 2025
Donald TrumpSensex plunges over 1,000 points: What's behind today's market crash
The Indian stock market witnessed a major bloodbath today, with the Sensex and Nifty plunging by over 1.3%. This is the fifth consecutive session of losses for the two benchmarks.
11 Feb 2025
TeslaBYD outperforms Tesla on stock market after 'God's Eye' launch
Chinese automaker BYD, aka Build Your Dreams, has outperformed Tesla on the stock market this year.
11 Feb 2025
BajajAfter Adani, Bajaj Group ventures into hospital business in India
The Bajaj Group, one of India's leading conglomerates, has set aside ₹10,000 crore to develop a nationwide chain of affordable but high-end hospitals.
11 Feb 2025
Stock MarketMulti-bagger small-cap stocks crash up to 43% in a month
The Indian stock market has seen a brutal fall in small-cap stocks, which were once its star performers.
11 Feb 2025
Adani GroupUS lawmakers seek investigation into Biden administration's action against Adani
Six US Congressmen have demanded an investigation into the Department of Justice's (DoJ) indictment of Adani Group chairman Gautam Adani and other officials under Biden administration.
