Business News
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01 Jul 2022
SensexSensex slips 111 points, Nifty just barely holds 15,750 mark
The stock market on Friday ended on a sluggish note as the Sensex settled at 52,907.93 points and the Nifty stood at 15,752.05 points.
01 Jul 2022
US Dollars#NewsBytesExplainer: What is causing Indian rupee's fall against US dollar
This week saw the Indian rupee hit an all-time low against the US dollar as it moved past the 79 rupees to a dollar mark.
30 Jun 2022
Indian GovernmentNew labor codes: Decoding what's good and bad for you
India's new four labor codes on wages, social security, industrial relations and occupational safety, and health and working conditions may be implemented by the government on July 1.
30 Jun 2022
SensexSensex closes at 53,019 points, Nifty settles below 15,800
On Thursday, the Indian equity benchmarks extended their fall for the second straight session.
30 Jun 2022
AustraliaCEO quits $68bn investment firm to chill at the beach
Quit the job, hit the beach, and do nothing - a dream of many but a reality for a handful.
30 Jun 2022
VedantuEdtech layoffs continue: Byju's, WhiteHat Jr, Toppr fire 2,500 employees
India's edtech industry hit another low as Byju's, the world's most-valued edtech company, slashed over 2,500 jobs across its group companies.
29 Jun 2022
Cryptocurrency#NewsBytesExplainer: How 1% TDS on cryptocurrency transactions will be levied
India's cryptocurrency market is holding its breath as the fateful July 1 approaches. Transfers of virtual digital assets (VDA), including cryptocurrencies and NFTs, are set to attract an additional tax deducted at source (TDS) of 1% from July 1 onward.
29 Jun 2022
SensexSensex ends in red, Nifty settles below 15,800 points
The Indian stock market closed in red on Wednesday with the Sensex settling at 53,026.97 points and the Nifty ending at 15,799.1 points.
28 Jun 2022
NASDAQSensex closes near 53,180 points, Nifty settles at 15,850
On Tuesday, the Indian equity benchmarks extended their winning run for the fourth straight session. While the Sensex settled at 53,177.45 points, the Nifty stood at 15,850.2.
28 Jun 2022
Supreme Court Of IndiaGST Council's two-day meet starts today: Details here
The Goods and Services Tax (GST) Council's two-day meeting commenced on Tuesday in Chandigarh.
28 Jun 2022
Elon MuskHappy birthday Elon Musk: Tracing his life and key milestones
Tesla and SpaceX CEO, Elon Musk, has been an enigma to many.
28 Jun 2022
IndiaPallonji Mistry, chairman of Shapoorji Pallonji Group, dies at 93
Business tycoon Pallonji Mistry, Chairman of Shapoorji Pallonji Group, passed away at his Mumbai residence on Monday night. He was 93.
27 Jun 2022
Mukesh AmbaniReliance, Swiggy, and PremjiInvest join bid to buy Metro India
The race to purchase the Indian operations of German retailer Metro AG has become competitive, with several parties joining in.
27 Jun 2022
Eicher MotorsSensex climbs to 53,161 points, Nifty settles above 15,800
On Monday, the Indian equity benchmarks extended their winning run for the third straight session. While the Sensex rose 0.82% to 53,161 points, the Nifty jumped 0.84% to 15,832.05 points.
27 Jun 2022
Government of IndiaNew labor laws: How your salary, work timings may change
The Union government is planning to implement new labor laws in India from July 1.
24 Jun 2022
InfosysSensex climbs to 52,728 points, Nifty settles near 15,700 mark
On Friday, the benchmark Sensex and Nifty indices saw gains. While the Sensex rose 0.88% to 52,727.98 points, the Nifty jumped 0.92% to 15,699.25 points.
24 Jun 2022
West BengalHow Kolkata's new co-working space is helping freelancers, working mothers
A new co-working space in Kolkata's New Town, named Happy Works, is bringing smile on the faces of freelancers and working mothers as it is providing a comfortable setting for people to work at minimal rate of Rs. 30 for 90 minutes.
23 Jun 2022
SensexSensex climbs to 52,266 points, Nifty settles at 15,557 points
On Thursday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge. Sensex jumped 0.85% to 52,266, while the Nifty climbed 0.92% to 15,557 points.
23 Jun 2022
COVID-19Average salary of Indian CEO is over Rs. 11cr: Deloitte
As per an executive remuneration survey by Deloitte India, the average compensation of Indian CEOs in FY22 stood at Rs. 11.2 crore- a three-year high. Meanwhile, the median salary stood at Rs. 7.4 crore.
22 Jun 2022
SensexSensex slips to 51,823 points, Nifty settles below 15,450
On Wednesday, the benchmark Sensex and Nifty indices witnessed a fall after a two-day relief rally. The Sensex plunged 1.37% to 51,823 points, while the Nifty fell 1.46% to 15,413 points.
22 Jun 2022
Reserve Bank Of India (RBI)What is credit, debit card tokenization rule effective July 1
The Reserve Bank of India (RBI) has mandated card-on-file (CoF) tokenization for domestic online purchases via credit and debit cards from July 1.
21 Jun 2022
SensexSensex rises 934 points, Nifty settles above 15,600 points
The stock market on Tuesday closed in green as the Sensex rose 1.78% to 52,532.07 points while the Nifty climbed 1.85% to 15,638.8 points.
20 Jun 2022
BoeingAir India planning to buy 300 aeroplanes in largest-ever order
Tata Group-owned Air India is mulling one of the largest orders in commercial aviation history by ordering 300 narrowbody jets.
20 Jun 2022
SensexSensex closes at 51,598 points, Nifty settles at 15,350
On Monday, the Indian equity benchmarks settled higher in volatile trade, with the Sensex settling at 51,598 points and Nifty ending at 15,350.
17 Jun 2022
SensexSensex falls 135 points, Nifty settles below 15,300 points
The stock market on Friday ended on a sluggish note as the Sensex settled at 51,360.42 points and the Nifty stood at 15,293.5 points.
17 Jun 2022
SpaceXDogecoin investor sues Elon Musk, Tesla, SpaceX for $258 billion
Keith Johnson, a US citizen, has sued Elon Musk, Tesla, and SpaceX for defrauding him with the "Dogecoin Crypto Pyramid Scheme."
16 Jun 2022
WhatsAppWith CASHe, you can now avail instant loan on WhatsApp
CASHe, a Mumbai-based fintech platform, has launched an instant credit line service on WhatsApp.
16 Jun 2022
SensexSensex tanks 1,045 points, Nifty settles below 15,400 points
The stock market on Thursday continued the losing streak for the fifth day in a row as the Sensex slid 1,045.6 points to 51,495.79 points while the Nifty shed 331.55 points to 15,360.6 points.
15 Jun 2022
SensexSensex closes at 52,541 points, Nifty settles at 15,692
On Wednesday, major indices of the stock market ended in red with the Sensex settling at 52,541.39 points and the Nifty closing at 15,692.15 points.
14 Jun 2022
Gujarat#NewsBytesExplainer: Why Russia-Ukraine war is hitting Gujarat's diamond industry hard?
The Russia-Ukraine war, which started with Russia's invasion of Ukraine on February 24, has had several adverse effects on the livelihoods of people worldwide.
14 Jun 2022
Bharti AirtelSensex slips 153 points to 52,693, Nifty below 15,750 mark
The stock market on Tuesday ended on a sluggish note as the Sensex settled at 52,693.57 points and the Nifty stood at 15,732.1 points.
13 Jun 2022
SensexSensex slips over 1,450 points, Nifty settles below 15,800
On Monday, the stock market was in the hands of bear, as the Sensex slipped 2.76%, to 52,846.7 points while the Nifty dropped 2.71%, to 15,774.4 points.
13 Jun 2022
GoogleGoogle pays $118 million to female employees; settles discrimination lawsuit
Tech giant Google has settled a class-action lawsuit over gender discrimination and equitable pay by paying $118 million to more than 15,500 female employees.
10 Jun 2022
NASDAQSensex plummets over 1,000 points, Nifty barely holds 16,200 points
The stock market ended on a bearish trend on Friday with the Sensex crashing to 54,303.44 points and the Nifty plummeting to 16,201.8 points.
10 Jun 2022
AppleHow Apple is assuming banking tasks with Pay Later service
Apple announced its buy now, pay later (BNPL) service, Pay Later, at the recently concluded Worldwide Developers Conference (WWDC). The tech giant has now said that it plans to fund the service by itself.
09 Jun 2022
UnicornNykaa-rival Purplle becomes India's 102nd unicorn with latest $33mn fundraise
Online cosmetic products start-up Purplle has joined the coveted unicorn club. In its Series E funding led by Paramark Ventures, the Mumbai-based company has raised $33 million at a $1.1 billion valuation.
09 Jun 2022
SensexSensex gains over 425 points, Nifty reaches near 16,500 mark
The benchmark Sensex and Nifty indices on Thursday showed an upward trend, snapping the four-day losing streak.
09 Jun 2022
XTwitter to give Elon Musk access to data on bots
Elon Musk's $44 billion bid to acquire Twitter has hit several snags since April but is on the verge of a breakthrough.
08 Jun 2022
Unified Payments Interface (UPI)RBI allows linking of credit cards with UPI: Details here
UPI or Unified Payment Interface transactions have made life simpler for Indians. It is about to get even simpler, as the Reserve Bank of India (RBI) has allowed linking credit cards to UPI network.
08 Jun 2022
SensexSensex closes at 54,892 points, Nifty barely holds 16,350 mark
On Wednesday, the Indian equity benchmarks extended their fall for the fourth straight session after RBI hiked its key lending rate.