Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
Apple records $83bn revenue in Q3; doubles revenue in India
Despite challenging macroeconomic headwinds, tech giant Apple has managed to post impressive numbers in Q3 of 2022.
Sensex gains 712 points, Nifty settles above 17,150 points
On Friday, the benchmark Sensex and Nifty indices witnessed a surge, extending their winning streak for the third day in a row. The Sensex jumped 1.24% to 57,570.25 points while the Nifty climbed 1.33% to 17,158.25 points.
BGMI game removed from Indian app stores after government ban
Two years after it banned PUBG, the Indian government has brought down the curtain on BGMI, the second coming of the former.
Cryptocurrency prices today: Check rates of Bitcoin, Ethereum, BNB, XRP
Bitcoin has climbed 3.6% in the past 24 hours to trade at $23,920. Compared to last week, it is 3.3% up.
Sensex gains 1,041 points, Nifty climbs to 16,930
The stock market on Thursday closed on a bullish note. While the Sensex gained 1,041.47 points to settle at 56,857.79, the Nifty climbed 287.8 points to close at 16,929.6 points.
5G spectrum auction: Reliance Jio emerges as top bidder
The third day of India's first 5G spectrum auction has commenced with the 10th round now underway. Five rounds of intense bidding were witnessed yesterday.
Facebook, WhatsApp's parent company reports revenue decline for first time
Meta, the owner of Facebook, Instagram, and WhatsApp, has announced its Q2 earnings report, and it is not pretty.
Porsche to acquire 50% of Red Bull F1 team
Porsche is all set to enter the world of Formula 1 racing in 2026.
Cryptocurrency prices today: Check rates of Bitcoin, Ethereum, Dogecoin, Cardano
Bitcoin has surged 9.4% in the past 24 hours to trade at $23,122.09. It is 0.8% down compared to last week.
DGCA orders 'snag-prone' SpiceJet to run only 50% flights
Director General of Civil Aviation (DGCA) on Wednesday directed the private airline SpiceJet to operate only 50 percent of its flights for eight weeks.
Twitter shareholders to vote on Musk's takeover on September 13
It is time for a very crucial shareholder meeting at Twitter. On September 13, shareholders will vote on Elon Musk's $44 billion takeover proposal, said the company in an SEC filing.
Sensex climbs to 55,816 points, Nifty settles at 16,641
On Wednesday, the benchmark Sensex and Nifty indices showed an upward trend. The Sensex rose 0.98% to settle at 55,816.32 points while the Nifty gained 0.95% to end at 16,641.8 points.
5G auction: Day 1 bids exceed Rs. 1.45 lakh crore
The second day of India's first 5G spectrum auction has started with the fifth round now underway. Four rounds of bidding took place yesterday.
Vedanta-Foxconn to invest $22bn in Maharashtra for semiconductor manufacturing facility
The Vedanta-Foxconn joint venture (JV) is all set to invest in Maharashtra.
Cryptocurrency prices today: Check rates of Bitcoin, Ethereum, Dogecoin, Solana
Bitcoin has dropped 0.2% in the past 24 hours to trade at $21,132.34. Compared to last week, it is 9.6% down.
India's OTT market projected to hit $7 billion in 2027
India's over-the-top (OTT) streaming video market is set to hit $7 billion in 2027, according to a report by Media Partners Asia (MPA).
Sensex slips to 55,268 points, Nifty settles at 16,483
On Tuesday, the benchmark Sensex and Nifty indices witnessed a fall. The Sensex plunged by 0.9% to 55,268.49 points, while the Nifty fell 0.89% to 16,483.85 points.
India's 5G auction starts: Reliance Jio, Airtel, Adani among bidders
India's first 5G spectrum auction is now underway and will go on till 6pm today. The number of days of the auction will depend on demand.
Today's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Dogecoin, Tether
Bitcoin has lost 3.8% in the last 24 hours, trading at $21,129.82. It is down 5.7% compared to last week.
Sensex slips to 55,766 points, Nifty settles at 16,631
On Monday, the benchmark Sensex and Nifty indices witnessed a fall, marking the end of a six-day winning streak. The Sensex plunged 0.55% to 55,766.22 points, while the Nifty fell 0.53% to 16,631 points.
Filing income tax returns? Keep these lesser-known deductions in mind
The last date for filing income tax returns for the financial year 2021-22 or assessment year 2022-23 is July 31.
Cryptocurrency prices: Check today's rates of Bitcoin, Ethereum, Dogecoin, XRP
Bitcoin has dropped 3.4% in the past 24 hours to trade at $21,939.83. Compared to last week, it is 5.4% up.
Elon Musk denies affair with Google co-founder Sergey Brin's wife
Elon Musk has refuted a WSJ report, which claims that he was in a relationship with Google co-founder Sergey Brin's wife, leading the couple to file for a divorce. The report also alleged that Musk and Brin are no longer friends.
SBI customers can avail banking services via WhatsApp: Here's how
State Bank of India (SBI), India's largest bank, is only a WhatsApp message away. No, we are not joking.
Income tax rules: 3 big changes to keep in mind
Three significant changes in India's income tax rules came into effect on July 1, 2022.
Shocking! Mark Cuban made no profits from 'Shark Tank' investments
Shark Tank made Mark Cuban one of the US's darling billionaires. So, it may come as a jolt to many of you that he has not made any profit from investments made on the popular show.
#NewsBytesExplainer: Why did India open opium trade to private firms
In a significant move, India has let commercial firms into the highly controlled field of opium production and processing.
Today's cryptocurrency prices: Check Bitcoin, Ethereum, Dogecoin, Tether rates
Bitcoin has climbed by 0.2% over the last 24 hours, trading at $22,975.79. It is 10.5% higher compared to the previous week.
Sensex rises to 56,072 points, Nifty settles above 16,700
On Friday, the benchmark Sensex and Nifty indices witnessed a rise, extending their winning streak for the sixth day in a row. The Sensex jumped 0.7% to 56,072.23 points while the Nifty climbed 0.68% to 16,719.45.
Tesla offloads 75% of its Bitcoin amid liquidity crisis
In a massive blow to the crypto world, Elon Musk's Tesla offloaded 75% of its Bitcoin.
Akasa Air opens bookings for flights starting August 7
Akasa Air, India's latest airline founded by billionaire Rakesh Jhunjhunwala, started booking tickets for its much-hyped commercial flight on August 7.
Cryptocurrency prices: Check rates of Bitcoin, Ethereum, and Dogecoin today
Bitcoin has risen 0.3% over the last 24 hours to trade at $22,980.91. It is up 11.7% from last week.
Rakesh Jhunjhunwala buys Escorts Kubota shares worth Rs. 318 crore
For those of you busy looking at the portfolio of top Indian investors to gauge market movement, here is something that will pique your interest.
Google pauses hiring for 2 weeks; contract extensions in jeopardy
Google has put a halt on its hiring for two weeks. The new announcement comes after the company said last week that it was slowing down the recruitment process.
Sensex climbs to 55,681 points, Nifty settles at 16,605
On Thursday, the benchmark Sensex and Nifty indices witnessed a surge, extending their winning streak for the fifth day. The Sensex jumped 0.51% to 55,681.95 points while the Nifty climbed 0.51% to 16,605.25.
Today's cryptocurrency prices: Check Bitcoin, Ethereum, Dogecoin, and Tether rates
Bitcoin has slipped 1.8% in the past 24 hours to trade at $22,932.46. It is 13.4% higher than the week before.
Netflix's streak of bad luck continues; loses 1 million subscribers
Netflix has been in a bit of a pickle lately. The streaming giant's financial report has revealed that it lost nearly one million subscribers in the last quarter.
Sensex climbs 630 points, Nifty settles above 16,500
On Wednesday, the benchmark Sensex and Nifty indices witnessed a surge, extending their winning streak for the fourth day in a row. The Sensex jumped 1.14% to 55,397.53 points while the Nifty climbed 1.09% to 16,520.85 points.
Cryptocurrency prices: Check rates of Bitcoin, Ethereum, and Dogecoin today
Bitcoin has climbed by 6.6% in the past 24 hours to trade at $23,379.50. Compared to last week, it is up by 20.8%.
Flipkart-owned Cleartrip suffers cyber attack; customer data put on sale
Cleartrip, the Flipkart-owned travel-booking platform, has been at the receiving end of an attack from hackers.