Business News

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23 Mar 2023

Stock Market

Sensex slips 289 points, Nifty ends below 17,100 mark

On Thursday, the benchmark Sensex and Nifty indices witnessed a fall. The Sensex plunged 0.5% to 57,925.28 points, while the Nifty fell 0.44% to 17,076.9 points.

23 Mar 2023

Cryptocurrency

Cryptocurrency prices today: Rates of Bitcoin, Ethereum, XRP, Shiba Inu

Bitcoin has lost 3.09% in the last 24 hours, trading at $27,375.06. It is up 12.52% from last week.

23 Mar 2023

Federal Reserve

US hikes rates for 9th consecutive time: Fight or flight 

The ongoing banking crisis has failed to influence the US Federal Reserve. In an unsurprising move, the Fed hiked interest rates by 25 basis points in an aggressive push to tame high inflation.

22 Mar 2023

India

The world now has fewer billionaires: Here's what happened

Over the past year, we have seen the global economy struggling to stay afloat amid war, macroeconomic headwinds, the tech sector's fall, and the banking crisis.

22 Mar 2023

Airtel Plans

Airtel launches Rs. 599 postpaid plan; 5G expanded to Kolkata

Airtel has released a new postpaid plan priced at Rs. 599. The new recharge offers an Amazon Prime subscription for six months and Disney+ Hotstar mobile subscription for one year at no extra cost.

22 Mar 2023

Stock Market

Sensex gains 140 points, Nifty settles around 17,150 mark

On Wednesday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge. The Sensex jumped 0.24% to 58,214.59 points while the Nifty climbed 0.26% to 17,151.9 points.

22 Mar 2023

Meta

Is Meta doing enough to fight sex trafficking and exploitation

Few Meta shareholders have filed a lawsuit against CEO Mark Zuckerberg and other executives for not doing enough to stop sex trafficking and child sexual exploitation on Facebook and Instagram.

22 Mar 2023

Cryptocurrency

Today's cryptocurrency prices: Rates of Bitcoin, Ethereum, Shiba Inu, Polygon

Bitcoin has climbed 1.52% in the past 24 hours to trade at $28,279.92. Compared to last week, it is 13.83% up.

21 Mar 2023

Reliance Jio

Jio rolls out 5G in 41 more cities: Check coverage

Reliance Jio has rolled out its fifth-generation services in 41 more cities including Udhagamandalam, Narsapur, Margao, Rajouri, Thalassery, and Kumarghat. With the latest rollout, Jio 5G is now live in 406 cities.

21 Mar 2023

Stock Market

Sensex climbs 445 points, Nifty ends above 17,100 mark

On Tuesday, the benchmark Sensex and Nifty indices showed an upward trend. The Sensex rose 0.77% to 58,074.68 points, while the Nifty gained 0.7% to end at 17,107.5 points.

21 Mar 2023

Cryptocurrency

Today's cryptocurrency prices: Rates of Bitcoin, Ethereum, BNB, Shiba Inu

Bitcoin has climbed 0.38% in the past 24 hours to trade at $27,768.86. Compared to last week, it is 13.22% up.

21 Mar 2023

Amazon

After Meta, Amazon, these tech companies may cut more jobs

Amazon has announced the termination of 9,000 roles, making it the latest giant to announce a second round of layoffs. The company previously axed around 18,000 employees.

20 Mar 2023

Switzerland

Credit Suisse's fall: Tale of scandals and poor choices

Credit Suisse, the once formidable investment banking giant, is all set to be acquired by its long-time rival UBS. The Switzerland-based lender has been struggling for a while, and the UBS takeover is the culmination of multiple scandals.

20 Mar 2023

Microsoft

Aggressive Microsoft: How is it challenging Apple, Google, and Sony

Microsoft is taking the fight to its rivals across the board. The pending Activision Blizzard deal, partnership with OpenAI, and now a mobile game store to challenge the Apple-Google duopoly in the app market.

20 Mar 2023

Adani Group

How is Adani Group fighting the Hindenburg narrative

Adani Group, the once high-flying conglomerate, has been fighting a damning report by Hindenburg Research over the past few months.

20 Mar 2023

Bitcoin

Balaji Srinivasan says Bitcoin to hit $1mn soon: Here's why

Balaji Srinivasan, entrepreneur and former CTO of Coinbase, has made a bold prediction that might be music to the ears of crypto investors.

20 Mar 2023

Cryptocurrency

Cryptocurrency prices today: Rates of Bitcoin, Ethereum, Shiba Inu, XRP

Bitcoin has climbed by 1.19% in the past 24 hours and is now trading at $27,536.94. It is 22.48% higher than last week.

20 Mar 2023

Switzerland

Why UBS agreed to acquire its rival Credit Suisse

UBS, Switzerland's largest bank, has agreed to buy its ailing rival Credit Suisse. The deal worth 3 billion Swiss francs was engineered by Swiss authorities to prevent the struggling financial sector from falling into more despair.

19 Mar 2023

Cryptocurrency

Cryptocurrency prices: Here are rates of Bitcoin, Dogecoin, Ethereum, Tether

Bitcoin has slipped by 0.77% in the past 24 hours to now trade at $27,175.77. It is 31.51% higher than the week before.

18 Mar 2023

Cryptocurrency

Cryptocurrency prices: Here are rates of Bitcoin, Ethereum, Dogecoin, Tether

Bitcoin has surged 6.46% in the past 24 hours to trade at $27,447.84. It is 33.06% up compared to last week.

18 Mar 2023

TikTok

TikTok's existential crisis: What is the app's future

TikTok is facing an existential crisis. The world's most popular app is under political pressure from left, right, and center.

17 Mar 2023

Startups

Silicon Valley Bank's ex-CEO in Hawaii amid bankruptcy protection application

Silicon Valley Bank (SVB) was a key player in the start-up ecosystem for three decades. On March 10, the bank collapsed following its failure to raise capital.

17 Mar 2023

Bharti Airtel

How Airtel's postpaid, prepaid users can avail unlimited 5G data

Airtel is now offering unlimited 5G on both postpaid and prepaid plans, which are priced above Rs. 239.

17 Mar 2023

Stock Market

Sensex climbs 355 points, Nifty settles around 17,100 mark

On Friday, the stock market had a bearish opening, but the benchmark Sensex and Nifty indices witnessed a surge. The Sensex jumped 0.61% to 57,989.9 points, while the Nifty climbed 0.67% to 17,100.05 points.

17 Mar 2023

Cryptocurrency

Cryptocurrency prices: Bitcoin is nearly 30% up from last week

Bitcoin has risen 5.41% over the last 24 hours to trade at $25,799.74. It is up 28.86% from last week.

17 Mar 2023

India

Credit Suisse's crisis is more relevant to India: Know how

The global financial system is going through a tough time. On the one hand, we have Silicon Valley Bank and on the other, we have Credit Suisse.

16 Mar 2023

Stock Market

Indian stock market sees steepest correction: Know the cause

The Indian stock market has had a nightmare of a start to 2023. In the first three months of this year till date, Indian stocks have lost 11% in market capitalization (m-cap), most among the world's top markets.

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16 Mar 2023

Stock Market

Sensex and Nifty close flat amid volatility

On Thursday, major indices of the stock market ended flat with the Sensex settling at 57,634.84 points and the Nifty closing at 16,985.6 points.

16 Mar 2023

Cryptocurrency

Cryptocurrency prices today: Rates of Bitcoin, Ethereum, USD Coin, Cardano

Bitcoin has shed 1.62% over the last 24 hours, trading at $24,456.37. It is 12.49% higher than the previous week.

16 Mar 2023

Ryan Reynolds

From Ryan Reynolds to Priyanka Chopra: Actors turned successful investors

Hollywood star Ryan Reynolds has secured a big payday, courtesy of his minority stake in budget wireless provider Mint Mobile. Telecom giant T-Mobile has acquired the company in a $1.35 billion deal.

15 Mar 2023

Reliance Jio

Jio 5G launched in 34 cities, overall count reaches 365

Reliance Jio has launched its fifth-generation service in 34 new cities in India, including Ambur, Suryapet, Sundargarh, Dharmavaram, and Dharamshala.

15 Mar 2023

Switzerland

Credit Suisse falls 29% as Saudi investor rules out funds

In the latest blow to Credit Suisse, its largest shareholder Saudi National Bank ruled out more financial assistance to the struggling bank.

15 Mar 2023

India

India's exports and imports contract by 8% in February

India's trade deficit, the difference between exports and imports, declined narrowly to $17.43 billion in February from $18.75 billion in the same month last year.

15 Mar 2023

Stock Market

Sensex falls 344 points, Nifty ends below 17,000 mark

On Wednesday, the benchmark Sensex and Nifty indices witnessed a fall. The Sensex plunged 0.6% to 57,555.9 points, while the Nifty fell 0.42% to 16,972.15 points.

15 Mar 2023

Cryptocurrency

Today's cryptocurrency prices: Check Bitcoin, Ethereum, Cardano, Shiba Inu rates

Bitcoin has climbed 1.85% over the last 24 hours, trading at $24,905.51. It is 12.44% higher than the previous week.

14 Mar 2023

Startups

Y Combinator cuts funding in a blow to late-stage start-ups 

The start-up world is reeling from blow after blow. Funding winter, Silicon Valley Bank's (SVB) collapse, and now Y Combinator's (YC) decision to cut down late-stage funding-things are looking quite bleak.

14 Mar 2023

Meta

Mark Zuckerberg fires 10,000 Meta employees in second layoff round

Meta, the parent company of Facebook, WhatsApp, and Instagram, has decided to axe around 10,000 employees in a fresh round of job cuts.

14 Mar 2023

Stock Market

Sensex falls 337 points, Nifty barely holds 17,000 mark

The benchmark Sensex and Nifty indices witnessed a slump on Tuesday. While the Sensex slipped 337.66 points, or 0.58%, to 57,900.19 points, the Nifty shed 111 points, or 0.65%, to 17,043.3 points.

14 Mar 2023

India

Zoho's Sridhar Vembu opens up about estranged wife, autistic son

Sridhar Vembu, the founder and CEO of Zoho Corporation, a business software provider worth $4.5 billion (per Forbes), is embroiled in a bitter divorce battle with his soon-to-be ex-wife wife, Pramila Srinivasan.