Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
Hong Kong tops global IPO charts in 2025
Hong Kong's share sales surged to over $73 billion, making it the top fundraising spot in Asia, while India also saw a record year for IPOs.
Indian Railways readies cost-cut plan as 8th Pay Commission looms
Indian Railways is gearing up to implement strategic cost-cutting measures in maintenance, procurement, and energy sectors.
IndiGo returns to near-normal operations with 2,050 flights
IndiGo, India's largest airline, has returned to normal operations after a period of major disruption.
India eases business visa process for Chinese nationals
India has simplified the process of issuing business visas to Chinese professionals, a move that China has welcomed as a "positive" step.
Shiprocket files updated IPO papers for ₹2,342cr issue
Shiprocket, a Gurugram-based logistics and shipping platform has filed an updated Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI).
FPIs withdraw ₹13,000cr from Indian markets in a week
Foreign Portfolio Investors (FPIs) pulled out ₹12,941 crore from Indian markets in the week ending December 12.
Foreign investors withdraw ₹13,000cr from Indian markets in a week
Foreign Portfolio Investors (FPIs) have pulled out ₹12,941 crore from the Indian stock market in the week ending December 12.
How India's new labor laws can boost women's workforce participation
The All India Organisation of Employers (AIOE) and law firm Shardul Amarchand Mangaldas have released a white paper highlighting the potential of India's newly notified labor codes.
IPO calendar: 4 issues, 15 listings lined up next week
India's primary market is gearing up for a busy week with four new public issues set to open. The total size of these IPOs is around ₹830 crore, led by KSH International's mainboard issue worth ₹710 crore.
Debt mutual funds see ₹25,000cr outflows in November
Debt mutual funds witnessed a massive outflow of ₹25,692 crore in November 2025, reversing last month's inflow of ₹1.59 lakh crore.
JioStar and ICC deny reports of split in broadcast partnership
JioStar and the International Cricket Council (ICC) have denied rumors of a split in their broadcast partnership.
Tesla's latest product is $350 pickleball paddle you can't buy
Tesla has launched a new lifestyle product, but it's not a car accessory.
RBI Deputy Governor dismisses need for stablecoins in India
T Rabi Sankar, the Deputy Governor of the Reserve Bank of India (RBI) has dismissed the need for stablecoins in India's financial system.
India warns of retaliation as Mexico imposes 50% tariffs
India has strongly opposed Mexico's sudden decision to raise import tariffs on goods from countries without free trade agreements.
SpaceX IPO: Why world's leading space company is going public
SpaceX is gearing up for a major initial public offering (IPO) next year, The Wall Street Journal reported.
SBI cuts lending rates, home loan EMIs set to fall
The State Bank of India (SBI) has announced a reduction in its lending rates across various benchmarks, including the Marginal Cost of Funds-based Lending Rate (MCLR), External Benchmark Lending Rate (EBLR), and Repo Linked Lending Rate (RLLR).
Boeing delays Trump's new Air Force One jets again
The US Air Force is facing another year-long delay in receiving its new Air Force One jets from Boeing.
SpaceX's valuation nears $800B as it prepares for IPO debut
SpaceX, the pioneering space exploration company founded by Elon Musk, is gearing up for an initial public offering (IPO) in 2026.
SEBI dismisses insider trading case against Adani's nephew
The Securities and Exchange Board of India (SEBI) has dropped insider-trading allegations against Pranav Adani, director of several Adani Group companies and nephew of billionaire founder Gautam Adani.
SBI cuts fixed deposit interest rates from December 15
The State Bank of India (SBI), the country's largest public sector lender, has announced a revision in its fixed deposit (FD) interest rates.
Union Budget: How it is prepared and presented
Finance Minister Nirmala Sitharaman will present her ninth consecutive Union Budget on February 1, 2026.
Infosys seeks damages from Cognizant in antitrust dispute
Infosys has filed a counterclaim in its ongoing legal battle with Cognizant, seeking "monetary and equitable" relief.
India's retail inflation predicted to average 2.5% in FY26: Crisil
Crisil, a leading rating agency, has projected that India's retail inflation will average around 2.5% in the fiscal year 2025-26.
Intel nears $1.6B acquisition of AI start-up SambaNova
Intel is reportedly close to acquiring artificial intelligence (AI) start-up SambaNova Systems in a deal worth $1.6 billion, including debt.
India's forex reserves rise by $1B to $687B
India's foreign exchange reserves have witnessed a surge of $1.03 billion, taking the total to $687.26 billion for the week ending December 12, 2025, as per data released by the Reserve Bank of India (RBI) on Friday.
IndiGo hires veteran aviation expert to investigate flight disruptions
IndiGo has hired Chief Aviation Advisors LLC to investigate the recent operational disruption that led to mass flight cancellations.
Silver prices cross ₹2 lakh/kg for the 1st time
Silver prices have hit a record high in India, crossing the ₹2 lakh per kilogram mark today.
Brookfield to build Asia's largest GCC in Mumbai for $1B
Canadian asset management firm Brookfield is set to invest over $1 billion (approximately ₹9,000 crore) in a Global Capability Center (GCC) facility in Mumbai.
Goa club fire: Were Luthra brothers engaged in money laundering?
Saurabh and Gaurav Luthra, the owners of the ill-fated Birch by Romeo Lane club in Goa, are now embroiled in a web of corporate fraud.
'1 H-1B equals 10 aliens': US pollster's comparison sparks outrage
Mark Mitchell, a prominent US commentator and pollster, has sparked outrage by suggesting that sending back one senior H-1B worker is the same as deporting 10 illegal aliens.
'Rules are very clear': SEBI chief issues warning to finfluencers
Securities and Exchange Board of India (SEBI) Chairperson Tuhin Kanta Pandey has issued a stern warning to financial influencers, or 'finfluencers.'
India's retail inflation jumps to 0.71% in November
India's retail inflation rose to 0.71% in November, up from October's 0.25%, provisional data released today showed.
India's top-100 listed firms add ₹150L crore in market value
India's top 100 listed companies have added a record-breaking ₹148 lakh crore to their market value between 2020 and 2025.
Crypto mogul Do Kwon sentenced to 15-years for $40B fraud
Do Kwon, a former cryptocurrency mogul and Stanford graduate, has been sentenced to 15 years in prison for his role in a $40 billion fraud scheme.
Japan's Sumitomo invests $1.3B in Indian renewable energy projects
Japanese trading house Sumitomo Corporation has announced a massive investment of 200 billion yen ($1.3 billion) in several renewable power projects in India.
Indian rupee touches new low of 90.56 against US dollar
The Indian rupee has hit an all-time low, falling by 24p to ₹90.56 against the US dollar in early trade today.
Why Disney has hit Google with a cease-and-desist letter
Disney has accused Google of "massive" copyright infringement, according to Variety.
PhonePe now allows mutual fund investments for just ₹10/day
PhonePe Wealth Broking has launched a new feature called "Daily SIP," allowing users to invest as little as ₹10 per day in mutual funds.
Prada to launch sandals made by Indian artisans worth ₹85,000
Prada is set to launch a limited-edition collection of sandals inspired by Indian craftsmanship.
Boat's IPO plans hit by financial discrepancies, compliance issues
Boat, a leading consumer electronics brand, has been hit by financial discrepancies and compliance issues flagged by its auditors.
Mexico slaps up to 50% tariffs on 1,400+ Asian imports
Mexico has announced a major shift in its trade policy by imposing tariffs of up to 50% on over 1,400 goods imported from Asian countries without free-trade agreements.
JPMorgan opening another branch in India after almost a decade
JPMorgan Chase & Co, one of the leading Wall Street banks, is all set to open a new branch in India after almost a decade.
How US's new Biosecure Act will affect Indian companies
The US House of Representatives has approved the National Defense Authorization Act (NDAA), which now heads to the Senate.
Microsoft partners with TCS, Infosys, Wipro to boost AI adoption
Microsoft has announced a strategic partnership with leading IT services companies Cognizant, Infosys, Tata Consultancy Services (TCS), and Wipro.
Why Apple's operations in India are under auditor scrutiny
Apple's Global Capability Center (GCC) in India has come under auditor scrutiny for the first time in its inaugural year of operations.
Bitcoin dips to $90,000 after Fed's rate cut: Buy now?
Bitcoin, the world's largest cryptocurrency, fell by nearly 3% after the US Federal Reserve's cautious stance on inflation and employment.
Amazon to pay $582M to settle tax dispute in Italy
Amazon has agreed to pay €510 million ($582 million) to settle a dispute with Italy's tax collection agency.
Indian rupee hits record low of 90.46 against US dollar
The Indian rupee has hit an all-time low, crossing the 90 per US dollar mark again.