Business News

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Oracle co-founder Larry Ellison is now world's 2nd richest person

14 Jun 2025

Airbus

India crash a wake-up call for aviation industry, says Airbus

The recent crash of an Air India Boeing 787 in Ahmedabad, which claimed more than 240 lives, has sent shockwaves across the aviation sector.

14 Jun 2025

Personal Finance

Budget smarter: How psychology can shape better financial decisions

Balancing budgeting with behavioral finance means understanding how psychological factors impact financial decisions.

14 Jun 2025

Personal Finance

How to boost financial literacy without falling into procrastination trap

Improving financial literacy is important to make well-informed choices about managing money.

14 Jun 2025

Aadhaar Card

Update your Aadhaar for free until next year: Here's how

The Unique Identification Authority of India (UIDAI) has extended the deadline for free online Aadhaar updates to June 14, 2026. After this date, regular charges may apply.

14 Jun 2025

ICICI Bank

SBI revises interest rates for 'Amrit Vrishti' FD scheme

The State Bank of India (SBI), the country's largest public sector lender, has reduced the interest rate on its special fixed deposit (FD) scheme "Amrit Vrishti."

14 Jun 2025

Donald Trump

Trump approves Nippon Steel's $14.9B takeover of US Steel 

US President Donald Trump has approved Japanese conglomerate Nippon Steel's $14.9 billion acquisition of United States Steel Corp.

14 Jun 2025

Indian Government

Chinese players start exporting 'Made in India' smartphones to West

Chinese smartphone and electronics companies have begun exporting products from India to West Asia, Africa, and the US, markets that have long been served almost exclusively by China and Vietnam.

14 Jun 2025

Zepto

You can now order food from Zepto again in Mumbai

Zepto, a leading player in India's quick commerce sector, has been given the green light by the Maharashtra Food and Drug Administration (FDA) to restart operations at its Dharavi dark store in Mumbai.

14 Jun 2025

India

FPIs invest around ₹3,350cr in Indian market this week

Foreign Portfolio Investors (FPIs) have pumped ₹3,346.94 crore into the Indian stock market this week.

14 Jun 2025

SpiceJet

SpiceJet clocks its first annual profit in 7 years

SpiceJet has posted a record net profit of ₹319 crore for the March quarter of FY25.

14 Jun 2025

Foreign Investment

FIIs continue selling spree, offloading shares worth ₹1,246cr this week

Foreign institutional investors (FIIs) have continued their selling spree in Indian equities for the second consecutive week of June.

23andMe co-founder Anne Wojcicki has bought back the company

Anne Wojcicki, the co-founder and ex-CEO of 23andMe, is set to reclaim control of the beleaguered genetic testing company.

14 Jun 2025

NVIDIA

Why NVIDIA is barring China from its revenue, profit forecasts

NVIDIA, the leading American semiconductor company, has excluded China from its revenue and profit forecasts.

14 Jun 2025

Google

Why Google is planning to cut ties with Scale AI

Google, the biggest customer of Scale AI, is planning to sever its ties with the artificial intelligence (AI) data-labeling start-up.

13 Jun 2025

Personal Finance

Steer clear of these crippling financial myths

Navigating personal finance can be tricky, especially with so many myths that can lead you to make poor financial decisions.

13 Jun 2025

Personal Finance

Automate spending alerts to save more with zero effort

Automating spending alerts is an ideal way to boost savings without putting in much effort.

13 Jun 2025

Personal Finance

Build financial resilience: 5 essential rainy day fund strategies

Building financial resilience is essential for surviving unexpected expenses and economic downturns.

13 Jun 2025

Personal Finance

5 unconventional tricks to take control of your budget

Managing a personal budget isn't easy, but with some unconventional tricks, it can become a lot more manageable.

13 Jun 2025

Personal Finance

Master your money: 5 simple habits for smarter spending

Managing finances can be difficult, but conscious spending can change the game.

India's forex reserves jump by $5.17B to $697B—reversing previous dip

India's foreign exchange reserves have witnessed a significant increase, rising by $5.17 billion to reach $696.66 billion for the week ending June 6, data released by the Reserve Bank of India (RBI) on Friday showed.

13 Jun 2025

Ahmedabad

Boeing, GE's shares plummet after Air India 787-8 Dreamliner crash

Boeing shares fell nearly 5% in US trade on Friday following the crash of an Air India 787-8 Dreamliner near Ahmedabad airport on June 12.

13 Jun 2025

Apple

Apple reclaims title of top-selling smartphone brand in China

Apple has reclaimed its position as the top-selling smartphone brand in China, according to Counterpoint Research.

13 Jun 2025

Meta

Who's Alexandr Wang, 28-year-old Scale AI CEO now joining Meta?

Meta has announced a massive investment in Scale AI, a leading data-labeling start-up.

Waiting for JSW Cement IPO? Here's when it will launch

JSW Cement is gearing up for its initial public offering (IPO), which could debut as early as next month.

13 Jun 2025

Benjamin Netanyahu

India-Israel arms trade reaches $185M—a 33-fold growth in 10 years

The arms and ammunition trade between India and Israel has witnessed phenomenal growth over the last decade.

13 Jun 2025

Iran

India's defense stocks surge up to 6% amid Israel-Iran conflict

The ongoing geopolitical tensions between Israel and Iran have sparked a rally in India's defense sector.

13 Jun 2025

IndiGo

IndiGo parent may witness another $1B block deal

InterGlobe Aviation, the parent company of India's largest airline, IndiGo, is likely to witness another major block deal.

Fidelity raises Lenskart's valuation to $6.1B ahead of IPO

Fidelity, a leading US-based financial services firm, has revised its valuation of Indian eyewear retailer Lenskart to $6.1 billion.

13 Jun 2025

Air India

Indian aviation stocks sink amid Ahmedabad crash, oil price surge

Shares of Indian aviation companies took a major hit on Friday after an Air India crash and a spike in global crude oil prices.

13 Jun 2025

California

Trump blocks California's EV mandate; state sues him 

President Donald Trump has signed three joint resolutions of Congress to block California's electric vehicle (EV) sales mandates and diesel engine rules.

13 Jun 2025

Ahmedabad

Ahmedabad crash: India reviews safety, may ground Boeing 787 Dreamliners

The Ministry of Civil Aviation is contemplating a safety review of India's fleet of Boeing 787-8 Dreamliners.

13 Jun 2025

Tesla

Tesla sues ex-employee over Optimus robot trade secret theft

Tesla has sued its former engineer, Zhongjie "Jay" Li, for allegedly stealing trade secrets from the company's humanoid robotics program, Optimus.

13 Jun 2025

NOTHING

Nothing Phone (3) to be manufactured in India

London-based consumer technology brand, Nothing, has announced that its upcoming smartphone, the Phone (3), will be manufactured in India.

13 Jun 2025

Iran

Gold prices cross ₹1L on MCX for first time ever

Gold prices in India have hit an all-time high, breaching the ₹1 lakh mark on the Multi Commodity Exchange (MCX) for the first time.

13 Jun 2025

Benjamin Netanyahu

Oil prices surge over 12% as Israel strikes Iran

Oil prices have skyrocketed by over 12% after Israel launched attacks on Iranian military and nuclear sites.

13 Jun 2025

Sensex

Sensex plunges 1,100 points as Israel-Iran war jitters spook investors 

The Indian stock market witnessed a major slump in early trade on Friday. The BSE Sensex plunged over 1,100 points while the Nifty50 fell below the crucial 24,850 mark.

13 Jun 2025

Amazon

Meta invests $14B in Scale AI to fuel AGI breakthrough

Meta has made a massive investment of $14.3 billion in Scale AI, acquring a 49% stake in the leading data labeling start-up.

12 Jun 2025

Personal Finance

Smart strategies to take control of your finances without stress

Managing personal finances can be a daunting task, but with the right tactics, it becomes manageable.

12 Jun 2025

Personal Finance

Common financial planning mistakes that can derail your future

Financial planning is essential for a stable and secure future. However, most of us end up making mistakes that can have long-lasting consequences.

12 Jun 2025

Personal Finance

5 timeless budgeting rules for financial peace

Effective budgeting is an essential skill to master to manage one's personal finances.

12 Jun 2025

Personal Finance

How understanding your risk tolerance can shape smarter financial decisions

Risk tolerance is an important element of personal finance that indicates how much uncertainty you can bear when making financial decisions.

12 Jun 2025

Personal Finance

5 easy steps to build a personal emergency fund

A personal emergency fund is crucial for one's financial stability. It works as a safety net for unforeseen incidents like a medical emergency, job loss, etc.

12 Jun 2025

Google

Google announces voluntary exit scheme for US employees amid AI-push

Google has introduced a "voluntary exit" program for its U.S. employees as part of ongoing cost-cutting efforts, according to an internal memo from Nick Fox, head of the Knowledge and Information group, obtained by The Verge.

12 Jun 2025

Meta

80% of Indians now discover products via social media: Meta

A recent report by Meta has revealed a major shift in India's retail landscape, with nearly 80% of shoppers using social media to discover products.

12 Jun 2025

Air India

Boeing's shares plummet 8% after Air India 787 plane crash

Boeing's shares have taken a major hit, plummeting by nearly 8% in pre-market trading on Thursday.

12 Jun 2025

Inflation

India's retail inflation hits 6‑year low of 2.8% in May

India's retail inflation has dropped to a 75-month low of 2.82% in May, government data showed on Thursday.

12 Jun 2025

Sensex

Sensex tanks 900 points; aviation stocks decline following AI crash

The Indian stock market witnessed a major slump today, with the BSE Sensex crashing over 900 points to hit a low of 81,531 earlier today.

12 Jun 2025

Apple

'Yawner': Apple's keynote event fails to impress investors

Apple's annual Worldwide Developers Conference (WWDC) has failed to impress investors this year.

No fee on UPI transactions, Finance Ministry calls rumors misleading

India's Ministry of Finance has dismissed rumors of the Merchant Discount Rate (MDR) being imposed on Unified Payments Interface (UPI) transactions.

12 Jun 2025

Samsung

Samsung, NVIDIA invest $35M in robotics start-up Skild AI

Samsung Electronics and NVIDIA Corporation have made minority investments in Skild AI Inc., a US-based robotics start-up.

12 Jun 2025

ChatGPT

OpenAI seeks investment from India's richest person amid funding push

OpenAI is in talks with several global investors including Saudi Arabia's Public Investment Fund (PIF), India's Reliance Industries, and UAE-based MGX.

12 Jun 2025

Paytm

Paytm shares plunge 10% as government denies MDR on UPI

Shares of One97 Communications, the parent company of digital payments platform Paytm, fell by as much as 10% on Thursday.

Disney and Universal sue Midjourney AI for image copyright infringement

Disney and Universal have jointly sued artificial intelligence (AI) company Midjourney for copyright infringement.

12 Jun 2025

HDFC Bank

HDB Financial Services to launch ₹12,500cr IPO in July

HDB Financial Services, the non-banking financial company (NBFC) of HDFC Bank, is preparing to launch a ₹12,500 crore initial public offering (IPO) by mid-July, according to Moneycontrol.

12 Jun 2025

Amazon

Judge says Amazon must face lawsuit by indie audiobook authors

Amazon must face a lawsuit from independent authors who accuse the e-commerce giant of monopolizing the audiobook retail market and driving up their distribution costs, a federal judge has ruled.

12 Jun 2025

ChatGPT

Sam Altman-backed robots raise $80M to deliver your groceries

Los Angeles-based start-up Coco Robotics has raised $80 million in a funding round which included angel investors Sam Altman and his brother Max Altman.

12 Jun 2025

Donald Trump

Musk's net worth rises after he publicly apologizes to Trump

Elon Musk's net worth has seen a modest gain after he expressed regret over some of his negative social media posts aimed at US President Donald Trump.

12 Jun 2025

NASA

NASA offers workers early retirement as budget cuts threaten jobs

In light of proposed budget cuts, NASA has launched a new voluntary staff reduction program.

11 Jun 2025

China

US, China strike deal on rare earth minerals, student visas

US President Donald Trump has announced a major trade agreement with China.

SEBI's latest tool will protect investors from financial fraud

The Securities and Exchange Board of India (SEBI) has announced a new Unified Payments Interface (UPI) verification mechanism, 'SEBI Check,' to enhance investor security in capital market transactions.

NSDL plans to raise $400M via IPO next month

National Securities Depository Ltd (NSDL), India's oldest and largest depository by assets under custody, is moving ahead with its initial public offering (IPO) plan.

Jio BlackRock can now offer investment advisory services in India

Jio BlackRock Investment Advisers, a joint venture between Jio Financial Services and BlackRock, has received approval from the Securities and Exchange Board of India (SEBI) to operate as an investment adviser in India.

11 Jun 2025

Amazon

'Kali Ma': Netizens call for boycotting Amazon over book cover

A controversy has erupted in India over the cover of a book by US author El T Fullah.

11 Jun 2025

Personal Finance

Inheritance planning: Key dos and don'ts to know

Inheritance can be a complex process, involving legal, financial, and emotional considerations.

11 Jun 2025

Personal Finance

Want to be rich by 40? Start these habits now

Managing personal finances can be a daunting task for young professionals embarking on their careers.

11 Jun 2025

Personal Finance

Why compound interest matters for your savings goals

We all know that compound interest can do wonders for our savings.

11 Jun 2025

Mutual Funds

New to mutual funds? Start with these 5 basics

Investing in mutual funds can be a smart way to grow your wealth over time.

11 Jun 2025

Personal Finance

How freelancers can manage money like a pro

Freelancing comes with the joys of flexibility and independence, but an irregular income can be difficult to navigate.

11 Jun 2025

Starbucks

You can now buy protein shakes at Starbucks

Starbucks is testing a new protein-rich drink, a sugar-free vanilla latte with banana cold foam. It has at least 15g of protein that comes from a powder.

11 Jun 2025

Dubai

India now has nearly 85,700 millionaires, ranks 4th worldwide

India has become the fourth-largest hub of high-net-worth individuals (HNWIs) in the world, according to the Knight Frank Global Wealth Report 2025.

11 Jun 2025

Nintendo

Nintendo's Switch 2 sells 3.5M units in just 4 days

Nintendo has announced record-breaking sales of its latest gaming console, the Switch 2.