Business News
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Banks can now sponsor NPS funds; fees slashed
The Pension Fund Regulatory and Development Authority (PFRDA) has introduced policy reforms to strengthen the National Pension System (NPS), including allowing banks to sponsor pension funds and revising the fee structure.
Shriram Finance hits all-time high after massive MUFG deal
Shriram Finance Ltd's shares have hit a record high, crossing Rs 1,000 for the first time, following Japan-based MUFG's agreement to acquire a 20% stake in the company.
Tata Steel shares surge after new import duty announcement
Tata Steel shares have seen a four-day rally, gaining 8% following the Indian government's decision to extend import duties on steel products.
Rupee kicks off 2026 on a weak note, closes at 89.99 per dollar
The Indian Rupee started 2026 with a decline, trading at 89.99 against the US dollar, influenced by foreign fund outflows and trade uncertainties.
US lets TSMC keep making chips in China with new license
The U.S. government has granted Taiwan Semiconductor Manufacturing (TSMC) an annual license to import U.S. chip manufacturing equipment for its facilities in Nanjing, China.
Trump Media to launch new cryptocurrency for shareholders
Trump Media and Technology Group Corp, the company behind US President Donald Trump's Truth Social platform, has announced plans to launch a new cryptocurrency.
MCX 5:1 stock split: Today is last day to qualify
Multi Commodity Exchange (MCX) is all set to execute its first-ever stock split in a ratio of 5:1.
Centre keeps small savings interest unchanged for 7th quarter
The Indian government has decided to keep the interest rates unchanged for major small savings schemes, including the Public Provident Fund (PPF) and National Savings Certificate (NSC).
India posts slowest market-cap rise in years despite global surge
India's total stock market capitalization grew by a mere 2.3% in 2025, the slowest rate in three years.
GST 2.0: India's tax overhaul lands in 2025
Significant changes and amendments in the Goods and Services Tax (GST) landscape during 2025 will notably impact taxation in 2026.
US stock markets close out 2025 on a high note
Despite closing lower, the three major US stock indexes celebrated robust double-digit annual gains, ending a volatile yet stellar year.
MCX's 1st stock split: Making shares more accessible
MCX shareholders face a key deadline tomorrow for the exchange's inaugural 5:1 stock split, aimed at boosting liquidity and accessibility.
Indian companies to create 10-12 million jobs in 2026: Report
Indian companies are projected to hire 10-12 million employees in 2026, a significant increase from the 8-10 million jobs added in 2025.
India teams up globally to power up chip manufacturing
India's semiconductor industry is gaining momentum as global companies like Intel and Rohm partner with local firms for chip manufacturing and assembly.
NPCI pulls the plug on UPI collect requests to fight fraud
The National Payments Corporation of India (NPCI) may delay the deadline to stop pull payments on the Unified Payments Interface (UPI) to reduce potential disruption.
Indian startups expect AI-driven hiring cuts in 2026: Survey
The ETtech State of Startups Survey 20250 reveals that Indian startups anticipate significant changes due to accelerated AI adoption, impacting hiring and business models.
India's new labor rules: Big changes for workers, gig jobs, and more
The Indian government's draft labour rules could lead to higher minimum wages, calculated based on the needs of a standard working-class family.
Saks Global might file for bankruptcy after missing $100 million payment
Saks Global, the world's largest luxury retailer, is reportedly facing bankruptcy after failing to make a $100 million debt payment related to its acquisition of Neiman Marcus.
Cupcake ATM pioneer Sprinkles is closing all its stores
Sprinkles, the pioneering cupcake company from California, has declared a complete shutdown of its fourteen remaining stores due to financial difficulties.
Billionaires added record $2.2tn in wealth in 2025
In 2025, the world's richest 500 individuals added a record $2.2tn to their collective wealth, as per the Bloomberg Billionaires Index.
OYO parent Prism files for ₹6,650cr IPO via confidential route
Prism, the parent firm of hospitality brand OYO, has confidentially filed for its initial public offering (IPO).
Stablecoins are a threat to India's monetary sovereignty, warns RBI
The Reserve Bank of India (RBI) has warned that the widespread adoption of stablecoins might pose a major threat to India's monetary sovereignty as well as financial stability.
Modi government notifies draft rules for new labor codes
The Indian government has issued draft rules for four new labor codes, inviting public feedback within 45 days.
INR ends 2025 with biggest annual decline in 3 years
The Indian rupee has witnessed its second consecutive monthly decline in December, closing at ₹89.87 against the US dollar today.
UK universities making it easier to switch jobs in 50s
In a surprising trend, UK universities are extending their career services to graduates in their 40s and 50s.
India's data-centers need $80B by 2030 to meet AI demand
India's data center industry is gearing up for a major investment drive, driven by the rising demand for cloud and artificial intelligence (AI) computing.
Silver prices crash 9% today: Is the rally over?
Silver prices have witnessed a sharp decline today, the last trading day of 2025. The fall comes as investors book profits after a record rally this year.
InMobi wants to raise $150M ahead of IPO in 2027
InMobi, a leading player in the mobile advertising network software space, is looking to raise between $100 million and $150 million in a pre-IPO funding round.
Vi shares crash 15% as Centre's AGR relief disappoints investors
Vodafone Idea's shares have hit a 15% lower circuit today, following the Union Cabinet's approval of an adjusted gross revenue (AGR) dues package for the financially troubled telecom operator.
Warren Buffett retires today: Tracing his illustrious investing journey
Warren Buffett, the legendary investor known as the "Oracle of Omaha," will retire from his role as CEO of Berkshire Hathaway today.
PAN-Aadhaar linking deadline today: How to check status online
The deadline for linking your Permanent Account Number (PAN) with Aadhaar is December 31.
Why Indian stocks are underperforming against their Asian peers
Indian equities are on track to witness their biggest underperformance against other Asian markets in nearly three decades.
Vodafone Idea shares hit 52-week high today: What's the reason?
Shares of Vodafone Idea, a struggling telecom company, rose by 2.07% to ₹12.32 today, marking a 52-week high.
How EU's carbon tax will affect Indian steel exports
The European Union (EU) will implement a carbon tax on select metals, with the payment phase starting tomorrow.
Foreign investors' equity holdings in India decline to 14-year low
Foreign investors' equity holdings in India have witnessed a decline for the first time in three years, according to data from the National Securities Depository Limited (NSDL).
Shankh Airlines starts operations in January: Check routes
India's aviation sector is set to welcome a new player with the launch of Shankh Airlines.
SoftBank completes $40B investment in OpenAI
SoftBank Group has completed its massive $40 billion investment in OpenAI.
Starbucks closes over 400 US stores in major restructuring plan
Starbucks, the popular coffee chain, has closed more than 400 stores in the US as part of its $1 billion restructuring plan.
OpenAI pays record‑high packages to retain top AI talent
OpenAI has set a new record in the tech industry by offering its employees an average stock-based compensation of $1.5 million each in 2025.
Swiggy, Zomato, Zepto increase delivery incentives amid gig workers' strike
Swiggy and Zomato have increased their delivery incentives during peak hours and year-end days.
China's factory activity expands, ending longest slump on record
China's factory activity has shown an unexpected recovery in December, ending an eight-month contraction streak—the longest on record.
India announces 12% steel tariff to rein in Chinese imports
India has imposed an import tariff of 11-12% on select steel products, in a bid to curb cheap imports from China.
Why your Zomato, Swiggy orders may not arrive today
A nationwide strike by gig workers is set to affect Zomato and Swiggy's food delivery services in India today.
India becomes world's 4th-largest economy, eyes Germany by 2030
India has surpassed Japan to become the world's fourth-largest economy, according to a government statement. The country's Gross Domestic Product (GDP) is now valued at $4.18 trillion.
Why diamond industry is seeking Modi government's aid
India's diamond industry is facing a major crisis due to rising tariffs in the United States.
Were funds meant for National Biopharma Mission misused?
The Comptroller and Auditor General of India (CAG) has flagged major gaps in the National Biopharma Mission (NBM).
Chipmakers in China have to use 50% local equipment
China has mandated that chipmakers use at least 50% locally made equipment for their new factories.
IndiGo slapped with ₹458cr GST demand; airline plans to contest
InterGlobe Aviation, the parent company of budget carrier IndiGo, has been served a tax order by the Additional Commissioner of CGST, Delhi South Commissionerate.
India faces worker skill crisis with 73% lacking advanced education
India's workforce is facing a major challenge, as revealed by the data presented at the recently concluded 5th National Conference of Chief Secretaries (NCS).
Defense shares fall for third day: What's behind the decline?
Shares of defense companies fell for the third consecutive day on Tuesday, with the Nifty Defense index declining by 1.5%.
From 3,903 to 730: Indian start-up closures see drastic decline
India's start-up ecosystem witnessed a major turnaround in 2025, with the number of shutdowns plummeting to around 730 from a staggering 3,903 in 2024, as per Tracxn.
SEBI cancels registration of 'research analyst' running a grocery store
In a shocking development, the Securities and Exchange Board of India (SEBI) has canceled the registration of a so-called research analyst.
Modi government mulling ₹25,000cr fund to revive stalled infra projects
The Indian government is mulling the establishment of a ₹25,000 crore risk guarantee fund for infrastructure projects.
Defense stocks rally 19% in 2025: Will the momentum continue?
Defense stocks have emerged as a major market player in India this year, with the Nifty India Defense pack surging 19%.
Nifty reshuffle: These stocks face big inflows and outflows
The Nifty indices are set for a major reshuffle today, December 30. The quarterly rebalance will affect several key indices, including the Nifty 50 and Nifty Bank.
Indian start-up funding drops 10% to $13B in 2025
Indian start-ups raised a total of $13 billion in 2025, marking a 10% decline from the $14.4 billion raised in 2024.
Air India signs new codeshare deal to boost Baltic travel
Air India has announced a new codeshare agreement with Latvia's national airline, airBaltic.
Warren Buffett retires: Top lessons revealed from his shareholder letters
Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, is set to retire at the end of 2025. He is 95.
Nifty 50 could hit 29,000 in 2026, predicts Emkay Global
The Indian stock market is poised for a strong performance in 2026, with the Nifty 50 index expected to hit the milestone of 29,000 over the next year.
WinZO's co-founder Soumya Rathore gets bail in money laundering case
Soumya Rathore, the co-founder of online gaming platform WinZO, has been granted bail by a Bengaluru court.
Eternal shares plunge to 5-month low: Here we decode why
Shares of Eternal have hit a 5-month low today.
Samsung gets US approval to ship chipmaking tools to China
Samsung Electronics has received a major annual license from the US government.
With 540% surge, this AI chipmaker is world's best-performing stock
Japanese memory chipmaker Kioxia Holdings Corp has seen its shares skyrocket by some 540% this year.
Gold slips on profit‑booking, silver extends rally on supply stress
Gold prices fell today during Asian trade, with spot gold down 0.4%.
Indian government to borrow ₹3.84L crore via treasury bills
The Indian government has announced plans to borrow ₹3.84 lakh crore through short-term treasury bills in the fourth quarter of the current fiscal year.