Business News

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03 Jun 2023

Cryptocurrency

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

Bitcoin has climbed 0.31% in the past 24 hours to trade at $27,167.19. Compared to last week, it is 1.48% up.

02 Jun 2023

E-commerce

Meesho becomes fastest shopping app to cross 500 million downloads

Indian e-commerce start-up Meesho has achieved a significant milestone in downloads. The shopping app now has over 500 million combined downloads across Google Play and iOS App Store.

How Wall Street banks are using AI to change finance

As the artificial intelligence (AI) revolution unfolds, businesses are finding it hard to withstand the pull of the new technology. From corporations to mom-and-pop shops, everyone wants a piece of the AI pie.

02 Jun 2023

Apple

Apple to open 3 more stores in India: Here's why

Apple recently opened its first retail stores in India to a grand reception. Apple BKC in Mumbai and Apple Saket in Delhi cemented India's growing importance in the company's ecosystem.

02 Jun 2023

Stock Market

Sensex gains 118 points, Nifty settles above 18,500 mark

On Friday, the benchmark Sensex and Nifty indices showed an upward trend. The Sensex rose 0.19% to 62,547.11 points while the Nifty gained 0.25% to end at 18,534.1 points.

02 Jun 2023

AMD

Lisa Su is leading AMD's AI charge: Who is she

It was 2014. Advanced Micro Devices (AMD) the US-based chipmaker, was sinking. Many analysts called the company "uninvestable" at that time.

02 Jun 2023

Cryptocurrency

Cryptocurrency prices: Check today's rates of Bitcoin, Dogecoin, Ethereum, Tether

Bitcoin has risen by 1.09% over the last 24 hours to currently trade at $27,089.63. It is up 2.50% from last week.

01 Jun 2023

BYJU'S

BYJU'S creditors stop $1.2 billion loan restructuring talks: Here's why

BYJU'S, India's most valuable start-up, cannot seem to catch a break. Earlier this week, asset management company (AMC) Blackrock cut the edtech major's valuation by 62% year-over-year.

01 Jun 2023

Foxconn

Foxconn's Bengaluru factory to start production by April 1, 2024

India has been growing in stature in the Apple ecosystem. The tech giant has shown intent on increasing its footprint in the country.

01 Jun 2023

Stock Market

Sensex slips to 62,428 points, Nifty settles below 18,490

On Thursday, the benchmark Sensex and Nifty indices witnessed a slump. While the Sensex slipped 193.7 points or 0.31% to 62,428.54 points, the Nifty shed 46.65 points or 0.25% to end at 18,487.75 points.

01 Jun 2023

Elon Musk

Elon Musk becomes world's richest person again: Here's how 

After a neck-and-neck battle over the past few months, Elon Musk has finally managed to pull ahead of Bernard Arnault in the world's richest race.

01 Jun 2023

Amazon

Amazon will pay $30mn to settle Alexa, Ring privacy violations

Amazon was at the receiving end of two lawsuits by the US Federal Trade Commission (FTC) over privacy violations. However, the regulator has decided not to proceed further against the tech giant.

01 Jun 2023

Cryptocurrency

Cryptocurrency prices today: Check rates of Bitcoin, Tether, Ethereum, Dogecoin

Bitcoin has shed 1.84% of its value over the last 24 hours and is now trading at $26,796.43. It is 2.24% higher than the previous week.

01 Jun 2023

Cryptocurrency

Who is Nevin Shetty, Indian-origin ex-CFO accused of embezzling $35mn

After FTX's Nishad Singh, another Indian-origin executive has been caught in a crypto-related fraud.

31 May 2023

India

India's economic growth for this year estimated at 7.2%

India's economic growth for the current fiscal year is estimated at 7.2%, lower than the previous year's 9.1% growth, reported Reuters, citing government data.

31 May 2023

Akash Ambani

Akash Ambani, Shloka Ambani become parents to baby girl

Billionaire industrialist Mukesh Ambani's eldest son-businessman, Akash Ambani, and his wife Shloka Ambani have welcomed their second child.

31 May 2023

India

India Inc. brand value is now worth over $100 billion

The past few months have been tumultuous for businesses worldwide. The same was the case for India Inc.

31 May 2023

Google

Google imposes new rules on personal loan apps in India

Predatory lending by loan apps has been a major issue in India. There have been calls to deal with lenders that harass borrowers.

31 May 2023

Stock Market

Sensex slips to 62,658 points, Nifty settles below 18,540

On Wednesday, the benchmark Sensex and Nifty indices witnessed a fall. The Sensex plunged 0.5% to 62,658.27 points, while the Nifty fell 0.54% to 18,534.4 points.

Should Indians be worried about AI's threat to jobs

New inventions have always threatened job security. Since the beginning of the industrial revolution, humans have been afraid of being replaced by machines.

31 May 2023

Elon Musk

Twitter is now worth 33% of what Elon Musk paid

When Elon Musk spent $44 billion to acquire Twitter last October, many estimated that to be way too much money. Twitter's journey so far has justified that belief.

31 May 2023

Cryptocurrency

Cryptocurrency prices today: Check rates of Bitcoin, Ethereum, Dogecoin, Tether

Bitcoin has lost 1.47% of its value in the last 24 hours and is now trading at $27,370.58. It is up 2.21% from last week.

31 May 2023

NVIDIA

NVIDIA's Jensen Huang's wealth doubled this year: Who is he

NVIDIA and its graphic processing units (GPUs) are at the center of the ongoing AI revolution. Last week, the company's shares rose 24% in a single day, taking it closer to a $1 trillion valuation.

RBI unveils new lightweight payment system: Why is it needed

Once a cash-based economy, India has evolved as one of the leaders in digital payments.

30 May 2023

Stock Market

Sensex climbs to 62,969 points, Nifty settles above 18,630

On Tuesday, major indices of the stock market ended in the green, with Sensex rising 0.2% to settle at 62,969.13 points, and Nifty gaining 0.19% to close at 18,633.85 points.

Disgraced Theranos founder Elizabeth Holmes to begin 11-year jail sentence

The day has finally arrived for disgraced Theranos founder Elizabeth Holmes. Over a year after a jury found her guilty of four counts of fraud, the 39-year-old is set to begin her prison sentence on Tuesday.

How Razorpay's 'Turbo UPI' differs from standard UPI payment solutions

Razorpay has introduced 'Turbo UPI,' in collaboration with the National Payments Corporation of India (NPCI) and Axis Bank.

30 May 2023

Cryptocurrency

AI cryptocurrencies: How they are different from other tokens

Artificial intelligence (AI) fever has reached everywhere, even the complex world of cryptocurrencies.

30 May 2023

Cryptocurrency

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

Bitcoin has dropped by 0.96% in the past 24 hours to trade at $27,715.95. Compared to last week, it is 1.06% up.

30 May 2023

ITC Limited

ITC shares reach all-time high ahead of ex-dividend

ITC (Indian Tobacco Company), the cigarette-to-hotels conglomerate, is set to go ex-dividend later today. Ahead of that, the company had a historic day in the market.

29 May 2023

JioCinema

JioCinema signs with NBCUniversal as it challenges established OTT players

For years, JioCinema has been an outlier in the OTT space. However, the last few months have seen the streaming platform growing into a mainstream contender.

UPI to capture 90% of retail digital payments by 2026-27

Unified Payment Interface (UPI) has been the main driver of the digital payments revolution in India. First introduced in 2016, it did not take the indigenous payment system much time to grow into a dominant force.

29 May 2023

Stock Market

Sensex gains 345 points, Nifty settles near 18,600 mark

On Monday, the benchmark Sensex and Nifty indices saw gains. While the Sensex rose 0.55% to 62,846.38 points, the Nifty jumped 0.53% to 18,598.65 points.

29 May 2023

Cryptocurrency

Today's cryptocurrency prices: Check rates of Bitcoin, Dogecoin, Ethereum, Solana

Bitcoin has gone up by 2.77% in the past 24 hours to currently trade at $27,935.20. Compared to last week, it is up by 4.64%.

29 May 2023

Personal Finance

NPS is the best retirement planning tool, here's why

The National Pension Scheme (NPS) is a great retirement savings option for individuals who want to save for their retirement in a systematic and disciplined manner.

28 May 2023

Cryptocurrency

Cryptocurrency prices: Check today's rates of Bitcoin, Dogecoin, Ethereum, BNB

Bitcoin has climbed by 1.51% in the past 24 hours to trade at $27,173.33. Compared to last week, it is up by 0.12%.

27 May 2023

Microsoft

Microsoft appeals UK watchdog's decision to block Activision acquisition

Microsoft's $69 billion takeover of Activision Blizzard was dealt a blow in April when UK's competition watchdog, Competition and Markets Authority (CMA), blocked the deal.

27 May 2023

Cryptocurrency

Cryptocurrency prices today: Check rates of Bitcoin, Ethereum, Dogecoin, Tether

Bitcoin has risen by 1.31% in the past 24 hours and currently trading at $26,768.56. It is 0.40% lower than last week.

26 May 2023

Stock Market

Sensex gains 627 points, Nifty settles near 18,500 mark

On Friday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge. The Sensex jumped 1.01% to 62,501.69 points while the Nifty climbed 0.96% to 18,499.35 points.

26 May 2023

BharatPe

Ashneer Grover deletes alleged defamatory posts against BharatPe: Here's why

The relationship between BharatPe and its ousted co-founder Ashneer Grover is anything but cordial. The two are not immune to throwing disrespectful language at each other.