Business News
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21 Aug 2023
Reserve Bank Of India (RBI)RBI pushes for local currency in India-UAE trade
The Reserve Bank of India is encouraging local banks to settle trade transactions between the UAE and India using the Dirham (AED) or Indian Rupee (INR).
21 Aug 2023
SensexSensex gains 267 points, Nifty settles near 19,400 mark
On Monday, the benchmark Sensex and Nifty indices saw gains.
21 Aug 2023
IndiaTomato sales skyrocket on ONDC with 22,500 orders a month
The Open Network for Digital Commerce (ONDC) has seen tremendous success, selling over 45,000kg of tomatoes within a month since introducing discounted prices.
21 Aug 2023
Travel And TourismTravel & Tourism to clock $15.5 trillion revenue by 2033
The World Travel & Tourism Council (WTTC) believes that by 2023-end, the travel and tourism sector will hit $9.5 trillion, only 5% below pre-pandemic levels.
21 Aug 2023
IndiaIndia's foreign trade in H1 2023 surpasses $800 billion
India's foreign trade exceeded $800 billion during the first half of 2023, with exports of goods and services increasing by 1.5% to reach $385.4 billion.
21 Aug 2023
EPFOEPFO membership skyrockets in June 2023; highest since August 2022
The Employee Provident Fund Organization (EPFO) in India saw a significant surge in membership, adding 17.89 lakh members in June 2023 on a net basis.
21 Aug 2023
CryptocurrencyToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Dogecoin, Tether
Bitcoin has lost 0.20% in the last 24 hours, trading at $26,060.81. It is 11.31% down compared to last week.
21 Aug 2023
Reliance IndustriesJio Financial Services hits lower circuit soon after market debut
Reliance Industries-owned Jio Financial Services (JFS) hit the lower circuit soon after its debut on the stock exchanges. It is currently at Rs. 248.90 apiece, down 4.95%.
20 Aug 2023
AdobeJohn Warnock, co-founder of Adobe, passes away at 82
John Warnock, the visionary co-founder of Adobe, has passed away at the age of 82, leaving behind a remarkable legacy of innovation in computing and design.
20 Aug 2023
CryptocurrencyCryptocurrency prices: Check today's rates of Bitcoin, Dogecoin, Cardano, Tether
Bitcoin has gone up by 0.61% in the past 24 hours to trade at $26,126.72. Compared to last week, it is 11.04% down.
19 Aug 2023
CryptocurrencyToday's cryptocurrency prices: Check rates of Bitcoin, Ethereum, Solana, Tether
Bitcoin has lost 1.36% in the last 24 hours and is trading at $25,948.35. It is 11.72% down compared to last week.
18 Aug 2023
NetflixThese two Reliance Jio prepaid plans offer free Netflix subscription
India's leading telecom operator Reliance Jio has partnered with Netflix to provide prepaid mobile plans bundled with the latter's streaming service.
18 Aug 2023
Reliance IndustriesJio Financial Services to debut on exchanges on August 21
Jio Financial Services Limited (JFSL), recently spun off from Reliance Industries, is set to make its debut on the stock exchange on August 21.
18 Aug 2023
BYJU'SBYJU'S fires over 400 employees after performance review: Report
Edtech giant BYJU'S has laid off employees from its mentoring and product expert divisions.
18 Aug 2023
Reserve Bank Of India (RBI)RBI's UDGAM portal helps you find and claim unclaimed deposits
The Reserve Bank of India (RBI) has launched UDGAM, a centralized web portal designed to help the public with unclaimed deposits across multiple banks.
18 Aug 2023
Stock MarketSensex slips over 200 points, Nifty settles near 19,300 mark
On Friday, the benchmark Sensex and Nifty indices witnessed a slump. While the Sensex slipped 202.36 points, or 0.31%, to 64,948.66 points, the Nifty shed 55.1 points, or 0.29%, to 19,310.15 points.
18 Aug 2023
Go FirstNCLAT allows engine lessor to inspect Go First planes
The National Company Law Appellate Tribunal (NCLAT) has granted engine lessor Engine Lease Finance BV permission to inspect four engines leased to Go First.
18 Aug 2023
CryptocurrencyBitcoin tanks 8% to reach 2-month low
Bitcoin has dropped 8.20% in the past 24 hours to trade at $26,265.50. Compared to last week, it is 10.58% down.
18 Aug 2023
ChinaChina's property behemoth Evergrande files for bankruptcy protection in US
China Evergrande Group, a real estate behemoth with over $300 billion in liabilities, has filed for Chapter 15 bankruptcy protection in New York.
17 Aug 2023
Ashwini VaishnawPolice verification mandatory for SIM card dealers, bulk connections discontinued
Indian government has now made police verification mandatory for SIM card dealers and has discontinued bulk connections, in an effort to combat fraudulent activities.
17 Aug 2023
IndiaIndia-UK trade: Government likely to cut duty on cars, whiskey
India and the UK are making significant progress in their trade negotiations, with both countries demonstrating flexibility on crucial matters.
17 Aug 2023
FlipkartFlipkart introduces Spoyl, a Gen Z in-app shopping experience
Flipkart, India's leading e-commerce giant, has launched Spoyl, a cutting-edge in-app fashion platform. It is specifically designed for Gen Z shoppers.
17 Aug 2023
Stock MarketSensex falls over 380 points, Nifty ends below 19,370 mark
The markets on Thursday witnessed another slump. The benchmark Sensex slipped 388.4 points, or 0.6%, to end at 65,151.02 points, while Nifty shed 99.75 points, or 0.52%, to settle at 19,365.25 points.
17 Aug 2023
E-commerceMeesho could launch IPO in 12-18 months
Bengaluru-based e-commerce start-up Meesho is considering an initial public offering (IPO) within the next 12 to 18 months.
17 Aug 2023
United KingdomUK's BAE Systems will buy Ball Aerospace for $5.6 billion
UK defense contractor BAE Systems has announced the acquisition of US-based Ball Aerospace in a $5.6 billion deal. It is set to be completed in the first half of 2024.
17 Aug 2023
AdidasBata India is exploring a partnership with Adidas
Bata India, a leading footwear maker, is in advanced discussions with athletic shoe giant Adidas for a strategic partnership in India, per the CNBC-TV18.
17 Aug 2023
CryptocurrencyToday's cryptocurrency prices: Check Bitcoin, Ethereum, Dogecoin, BNB rates
Bitcoin has slipped 1.94% in the past 24 hours to trade at $28,603.95. It is 3.03% lower than the week before.
16 Aug 2023
United KingdomUK is still in danger of recession despite falling inflation
Inflation in the UK has dipped to 6.8% in July, marking its lowest point since February 2022.
16 Aug 2023
IntelIntel's $5.4bn chipmaking deal collapses due to Chinese reluctance
Intel has called off its $5.4 billion acquisition of Israeli chipmaker Tower Semiconductor due to the inability to secure regulatory approvals within the required timeframe.
16 Aug 2023
Mark Zuckerberg'Chicken' jab to 'throttling' cross: How Musk is prodding Zuckerberg
The Elon Musk v/s Mark Zuckerberg MMA fight has the potential to be one of the most-watched fights in history.
16 Aug 2023
Stock MarketSensex rises to 65,426 points, Nifty settles above 19,440
The stock market closed on a flat note on Wednesday with the benchmark Sensex index rising 0.21% to settle at 65,426.05 points and Nifty going up by 0.16% to end at 19,446.95 points.
16 Aug 2023
IrelandIT glitch causes this bank's ATMs to dispense free money
Bank of Ireland has issued an apology following an IT glitch that allowed customers to withdraw funds they did not have in their accounts.
16 Aug 2023
NetherlandsNetherlands falls into recession after second consecutive quarterly slump
The Dutch economy has entered a recession, experiencing a 0.3% contraction in Q2 2023. In the previous quarter, the country experienced a 0.4% decline.
16 Aug 2023
GSTOnline gaming platforms face Rs. 45,000cr retrospective tax liability
Online skill-based gaming platforms in India are facing a potential tax demand of Rs. 45,000 crore.
16 Aug 2023
Tata Consultancy Services (TCS)Anil Pant, CEO of Aptech, passes away
Dr. Anil Pant, the MD and CEO of Aptech, passed away on August 15. He had been on indefinite leave since June due to his deteriorating health.
16 Aug 2023
CryptocurrencySei token gains over 2,500% after beta launch and listings
Bitcoin has slipped 0.52% in the past 24 hours to trade at $29,184.73. It is 1.90% lower than the week before.
15 Aug 2023
AppleApple AirPods to be manufactured in India from December 2024
Apple will start manufacturing its popular wireless earphones, the AirPods, at Foxconn's Hyderabad factory from next year, according to the Press Trust of India.
15 Aug 2023
IndiGoGangwal family plans to sell IndiGo stake worth Rs. 3,730cr
The Gangwal family, promoters of IndiGo, are set to sell shares worth Rs. 3,730 crore in a block deal on Wednesday.
15 Aug 2023
SlackIndian employees lead globally in pretending to be busy: Survey
A recent global survey conducted by Slack and Qualtrics has revealed that employees in Asia, particularly in India, tend to spend more time appearing busy rather than engaging in productive work.
15 Aug 2023
InfosysInfosys secures $1.6bn Liberty Global contract to enhance digital platforms
Indian IT services giant Infosys has secured a $1.6 billion deal with digital communications firm Liberty Global.
