Business News
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Indian stocks edge up, but not without bumps
Indian markets ended the week slightly higher, snapping a losing streak despite profit-booking and thin year-end trading.
How AI boom made US tech billionaires even richer
The artificial intelligence boom in the stock market has added over half a trillion dollars to the wealth of America's tech giants in 2025.
Meet the entrepreneur shaking up diamonds with lab-grown gems
The Russia-Ukraine conflict disrupted global diamond supply chains, leading entrepreneur Ricky Vasandani to establish Solitario, a successful Made-in-India lab-grown diamond brand.
India hits pause on cheap Chinese steel and refrigerant gas
India has imposed anti-dumping duties on two Chinese products, a refrigerant gas and certain steel items, to protect domestic industries from cheap imports.
Modern Diagnostic is launching ₹37cr IPO on December 31
Modern Diagnostic & Research Centre is planning to raise ₹37 crore through an initial public offering (IPO) with a price band of ₹85-₹90 per share, opening on December 31.
Silver prices soar 145% in 2025, breaking 45-year record
The surge in silver prices, driven by constrained supply and strong demand, is attracting a wave of amateur investors seeking tangible assets amid market volatility.
Ninjacart narrows FY25 losses to ₹256cr; targets profit by FY27
Ninjacart, a Walmart-funded agritech firm, slightly reduced its losses in FY2025 while also experiencing a dip in revenues due to strategic business streamlining.
India set to outpace the world in 2026 growth race
As we approach 2026, economists predict slow global growth with India leading, while the US, Europe and China face slower expansion.
Sensex drops after Christmas, Nifty slips below 26,050
The Sensex fell 367 points, ending at 85,041.45, while the Nifty 50 closed below 26,050 at 26,042.30 amid mixed global cues and investor selling.
2025: AI makes over 50 new billionaires
In 2025, over 50 individuals became billionaires through AI startups, with wealth mainly concentrated among enterprise SaaS and data labeling firms.
IndiaMART takes OpenAI to court over ChatGPT snub
IndiaMART has taken OpenAI to court, alleging unlawful exclusion from AI-generated search results, causing significant commercial and reputational damage.
Titan's new women's brand 'beYon' sends shares to record high
Titan Company's shares hit a new 52-week high, rising over 2.5%, following the announcement of their new women-centric lifestyle brand, 'beYon'.
Mumbai's housing affordability improves: Now requires 47% of income
The latest Knight Frank India Affordability Index report has revealed that purchasing a home in Mumbai now costs 47% of a household's income.
Copper prices are breaking records—here's what's up
Copper prices have hit multi-year highs due to a combination of rising demand, tight supply, and favorable global conditions.
Sensex falls over 400 points: What's behind today's market decline?
India's benchmark equity indices witnessed a steep fall on Friday, with the Sensex falling by nearly 400 points.
India's mutual fund AUM jumps 21% to ₹80.55L crore
India's mutual fund industry saw a 21% increase in assets under management (AUM) in 2025, with passive funds driving the growth.
India's new income tax law: Key changes to expect
India is set to witness a major overhaul in its direct tax system with the introduction of the Income-tax Act, 2025.
Hindustan Copper shares hit 15-year high: Time to book profits?
Hindustan Copper's shares have surged by 8% to ₹473 apiece in today's session, the highest since November 2010.
Global chip shortage could make your next phone or laptop pricier
The global shortage of memory chips in late 2025 could drive up prices of smartphones and laptops until 2027, as chip makers prioritize AI memory production.
Lenskart shares surge 4% after acquiring a Korean start-up
Lenskart Solutions Ltd's shares rose nearly 4% on Friday, hitting ₹471.35 on the BSE. The spike in share price comes after the company announced its latest acquisition in South Korea.
Ola Electric shares surge 5% after ₹367cr PLI incentive approval
Shares of Ola Electric Mobility jumped 5.4% on Friday after the company announced that it has been awarded an incentive of ₹366.78 crore under the Production Linked Incentive (PLI)-Auto scheme for FY25.
IPO-bound Zepto's FY25 loss widens 177% to ₹3,367cr
Zepto, one of India's major quick-commerce players, saw its net loss surge 177% to ₹3,367.3 crore in FY25, even as the company posted strong topline growth.
Union Budget 2026: Centre planning ₹1T boost for farm infrastructure
The Indian government is likely to announce a major increase in the Agriculture Infrastructure Fund (AIF) in the upcoming Union Budget, according to Mint.
Coforge may acquire Encora for $2B: Deal details
Coforge Ltd is reportedly in talks to acquire Encora, a leading digital engineering firm, for an estimated $2 billion.
Gold, silver hit record highs amid geopolitical tensions
Gold and silver prices have surged to all-time highs, driven by rising geopolitical tensions and a weakening US dollar.
India's new Income Tax Act: What you need to know
India's new Income-tax Act, 2025, set to be effective from April 1, 2026, brings significant changes aimed at simplifying tax law and modernizing the tax system.
Lenskart shares jump after big Korea move
Lenskart Solutions' shares saw a 4% increase after the company announced an acquisition in South Korea, boosting investor interest.
IndiGo begins issuing ₹10,000 travel vouchers from today: Who's eligible?
IndiGo is issuing ₹10,000 travel vouchers to passengers affected by its recent operational crisis. The disruption impacted thousands of flights in early December.
China begins rare-earth magnet exports to India, easing supply pressure
China has started clearing rare-earth magnet (REM) import licenses for India, government officials told Business Standard.
India plans to merge 12 public sector banks into 4
The Indian government's push for consolidation in public sector banks is set to gain momentum in 2026, aiming to create more world-class banking institutions.
MediaTek open to sourcing chips from India as ecosystem evolves
MediaTek, one of the world's leading fabless semiconductor companies, is open to sourcing more chips from India as the local ecosystem develops.
India's digital gold purchases surge 50% despite SEBI's risk warning
India has witnessed a massive spike in digital gold investments this year, with purchases soaring nearly 50% despite regulatory caution from SEBI, the market watchdog.
IndiGo to give ₹10,000 vouchers after mass flight cancelations
IndiGo starts distributing travel vouchers worth Rs 10,000 today to passengers affected by its December operational crisis.
Bitcoin bounces back to $88,970 as big options expiry looms
Bitcoin shows signs of recovery, nearing the $90,000 mark despite ongoing market volatility. The cryptocurrency's strength is renewed as broader market sentiment turns positive.
Zepto's sales skyrocket, but losses hit new high in FY25
Zepto's net loss in FY25 rose by 177% to Rs 3,367 crore, while total sales surged by 129%, amid intensifying competition in India's quick commerce market.
IRFC shares jump 7% as investors eye railway boost
Indian Railway Finance Corporation (IRFC) shares saw a 7.42% increase today, driven by pre-budget anticipation and improved investor confidence in funding visibility.
Reliance makes ₹450cr bid to buy this Mumbai hospital
NK Holdings, a company backed by Reliance Industries, and Jupiter Hospital are vying to acquire SevenHills Healthcare. The latter operates the 1,500-bed SevenHills Hospital in Mumbai.
Sensex slips after Christmas break as investor mood cools
Sensex fell 200 points while Nifty dropped below 26,100 due to sustained selling by foreign institutional investors (FIIs) and a weakening rupee.
India and UK just signed a major trade deal—here's what you need to know
The 2025 free trade agreement between India and the UK has invigorated bilateral ties, with a focus on enhancing trade and investment.
Why are railway stocks surging today?
Railway-linked stocks have emerged as top gainers on Dalal Street today.
Vodafone Idea hit with ₹83cr GST penalty, plans legal action
Vodafone Idea has been slapped with two separate GST penalty orders from tax authorities in Mumbai and Bengaluru. The total financial exposure from these penalties amounts to over ₹83 crore.
Railway stocks are on a winning streak ahead of Union Budget
Railway stocks, including RVNL, IRFC, and IRCTC, are witnessing a significant rise today due to renewed optimism ahead of the Union Budget 2026 and recent fare rationalisation.
Train ticket prices increase from today: Check updated fares
The Indian Railways has announced a nationwide fare hike, effective from today.
Sensex slips over 140 points; Nifty just above 26,100
Indian equity indices, Nifty50 and BSE Sensex, opened lower today due to weak global and domestic cues. While Nifty50 hovered just above 26,100, BSE Sensex fell by over 140 points.
Titan enters lab-grown diamond market with new brand beYon
Titan Company Limited is set to enter the lab-grown diamond jewelry market with its first exclusive store under a new brand 'beYon.'
Lenskart's IPO: Avendus sees more room to grow
Avendus Spark recommends an "Add" rating for Lenskart, expecting a limited upside potential of 10%, despite predicting a 21% CAGR over FY 2025-2028.
GIFT Nifty signals a quiet start for Indian markets
Indian markets are expected to open flat on Friday, with GIFT Nifty indicating a cautious start around the 26,100–26,150 zone.
Dollar weakness pushes gold, silver to record highs
Gold and silver prices have reached historic highs due to geopolitical tensions and a weakening US dollar, with silver breaking $75 per ounce for the first time.
Gold and silver just hit all-time highs—here's why it matters
Gold and silver prices have soared to record highs due to geopolitical tensions and a weaker dollar, with gold crossing $4,530 and silver topping $75 per ounce.
Japan's stock markets soar on government optimism
Japan's broad Topix index reached a record high on Friday, driven by easing concerns about the nation's debt and a positive outlook for fiscal policy.
MediaTek wants to make more chips in India
Taiwanese semiconductor giant, MediaTek, is contemplating sourcing more of its chips from India as the local ecosystem matures, according to the company's India head.
India's warehousing boom: Why it's just getting started
India's industrial and warehousing sector is predicted to experience a boom in 2026, driven by expanding manufacturing activity and increasing investor interest.
Why India may miss $1 trillion export target in FY26
India is likely to miss its ambitious $1 trillion export target for the fiscal year 2025-26, according to a report by the Global Trade Research Initiative (GTRI).
Apple's Tim Cook doubles Nike stake with $3M stock purchase
Apple CEO Tim Cook has made a major investment in Nike, buying 50,000 Class B shares at $58.97 each for about $3 million.
Swiggy, Zomato, Blinkit gig workers call nationwide strike: Here's why
Delivery and gig workers associated with major e-commerce and food delivery platforms have announced an all-India strike on Christmas (December 25) and New Year's Eve (December 31).
Adani completes 33 acquisitions worth ₹80,000cr post-Hindenburg turmoil
Adani Group has made 33 acquisitions worth around ₹80,000 crore ($9.6 billion) across its businesses since January 2023.
Samsung not following LG route, rules out India IPO plans
Samsung Electronics has no plans to list its Indian business on the stock market for the time being.
Jio, PhonePe, Flipkart among 190 companies planning IPOs in 2026
India's primary market is gearing up for a busy 2026, with over 190 companies either approved or awaiting approval for initial public offerings (IPOs).
Last chance for NPS subscribers to switch asset classes today
The Pension Fund Regulatory and Development Authority (PFRDA) has given National Pension Scheme (NPS) subscribers in Scheme A (Tier-1) until December 25, 2025, to switch their investments to other asset classes.
Quick commerce unicorn Zepto to file IPO papers tomorrow
Zepto, a Bengaluru-based quick commerce unicorn, is gearing up to pre-file its draft red herring prospectus (DRHP) on December 26.
Infosys hikes entry-level salaries up to ₹21 lakh for freshers
In a major boost for tech graduates, Infosys has announced a hike in entry-level salaries for freshers.
3 new airlines to take off in India post-IndiGo crisis
India's civil aviation sector is set to witness the entry of three new airlines, namely Shankh Air, Al Hind Air, and FlyExpress.
This portal lets you track and manage UPI AutoPay mandates
The National Payments Corporation of India (NPCI) has launched a new portal, upihelp.npci.org.in, to help users manage their Unified Payments Interface (UPI) autopay subscriptions.
India's IPO market raises record ₹1.75L crore in 2025
India's primary market has achieved a historic milestone in 2025, with mainboard initial public offerings (IPOs) raising an unprecedented ₹1.75 lakh crore.
NVIDIA acquires AI chip start-up Groq in $20B deal
NVIDIA has announced its largest transaction yet, agreeing to a $20 billion deal to acquire assets from AI chip start-up Groq through a non-exclusive licensing agreement.
Navi Mumbai International Airport begins commercial flights: Check schedule
Navi Mumbai International Airport (NMIA) officially started its commercial operations today.
RBI delays implementation of faster check clearance system
The Reserve Bank of India (RBI) has postponed the launch of Phase 2 of its faster check clearance system.
Shankh Air receives NOC, targets Q1 2026 flight commencement
Uttar Pradesh-based Shankh Aviation is gearing up to launch its new airline, Shankh Air, in the first quarter of 2026.
Silver could hit $200 by 2026, predicts author Robert Kiyosaki
Robert Kiyosaki, the author of Rich Dad Poor Dad, has made a bold prediction that silver prices could skyrocket to $200 per ounce by 2026.
Bombay HC stays fraud classification against Anil Ambani, RCom
The Bombay High Court has stayed the action of three banks to classify the accounts of Anil Ambani and his company Reliance Communications Ltd as 'fraud.'
Sensex turns 40: Tracing its journey from 549 to 86,000
The Bombay Stock Exchange (BSE) Sensex has delivered an incredible wealth creation story over the last four decades.
IDFC First Bank reduces benefits on these popular credit cards
IDFC First Bank has announced major changes to its credit card offerings, including the popular Mayura and Ashva cards.
New investor sign-ups in India drop 36% in 2025
India has witnessed a sharp decline in new investor sign-ups in 2025, according to data from the National Stock Exchange (NSE).
Indian IT stocks decline as US changes H-1B visa rules
Shares of Indian IT firms including Infosys, TCS, Tech Mahindra and Wipro fell up to 2% on Wednesday, after the Trump administration announced changes to the H-1B visa selection process.
Silver overtakes Apple as world's third-most valuable asset
Silver has now outshone Apple Inc. to become the third most valuable asset in the world, after gold and NVIDIA.
Gold prices hit record high, crossing $4,500 per ounce
Gold prices have surged to a record high, crossing the $4,500-an-ounce mark for the first time ever.
RBI to inject ₹2 trillion into banking system: Here's why
The Reserve Bank of India (RBI) has announced plans to inject ₹2 lakh crore ($32 billion) into the country's banking system.
Gold prices hit record ₹1.4L in Delhi: What's the reason?
Gold prices in New Delhi have hit a new high of ₹1,40,850 per 10g on today.