Business News
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31 Aug 2024
Goldman SachsGoldman Sachs to lay off up to 1,800 employees: Report
Goldman Sachs is planning to lay off between 3% and 4% of its workforce, as part of its annual review process, as per WSJ.
31 Aug 2024
Securities and Exchange Board of IndiaSEBI's new F&O norms: How they affect your trading strategy
The Securities and Exchange Board of India (SEBI) has implemented stricter criteria for including and excluding stocks in the Futures and Options (F&O) segment.
30 Aug 2024
Gross Domestic ProductIndia's Q1FY25 GDP growth decelerates to 5-quarter low at 6.7%
India's gross domestic product (GDP) growth for the first quarter (April-June) of the current financial year 2024-25 has dipped to a five-quarter low of 6.7%, government data released on Friday has revealed.
30 Aug 2024
Oprah WinfreyOprah Winfrey's real-time net worth
Oprah Winfrey, synonymous with resilience and success, has built an empire far beyond television.
30 Aug 2024
Elon MuskElon Musk's real-time net worth
Elon Musk, synonymous with innovation and entrepreneurship, is a leading figure in tech and automotive industries.
30 Aug 2024
Personal FinanceUnlocking retirement savings potential with NPS
The National Pension System (NPS) is a government-backed retirement savings plan in India, designed to provide individuals with a systematic way to save for their retirement.
30 Aug 2024
Personal FinanceOptimizing expenses with public transport in India
In the bustling cities and towns of India, managing daily commute costs can significantly impact one's budget.
30 Aug 2024
FinanceUnderstanding gold loan basics
Gold loans have become a popular borrowing option in India, offering quick access to funds by pledging gold jewelry or coins as collateral.
30 Aug 2024
Reserve Bank Of India (RBI)India's forex reserves reach record high of $681 billion
India's foreign exchange reserves have reached a new peak of $681.69 billion as of August 23, marking an increase of $7.02 billion, according to data from the Reserve Bank of India (RBI).
30 Aug 2024
Indian GovernmentIndia's core sector growth slows to 6.1%, down from 8.5%
India's core sector has experienced a growth of 6.1% in July, according to government data.
30 Aug 2024
Hindustan Aeronautics LimitedHAL to develop 'Aravalli' high-power engines for next-gen helicopters
Hindustan Aeronautics Limited (HAL) and SAFHAL Helicopter Engines Pvt Ltd (SAFHAL) have announced a partnership to design, develop, manufacture, supply, and support a new-generation high-power engine named 'Aravalli.'
30 Aug 2024
ChennaiNokia to invest ₹450cr in Chennai for largest R&D facility
Nokia, the Finnish telecommunications giant, is set to establish its largest global research and development (R&D) facility in Chennai.
30 Aug 2024
Indian GovernmentIndia becomes leading hub for drone start-ups, outpacing UK, China
India has surpassed the UK and China as a preferred destination for drone start-ups, according to a recent analysis by Moneycontrol.
30 Aug 2024
Securities and Exchange Board of India'Finfluencers' will now be accountable for their investment advice
The Securities and Exchange Board of India (SEBI) has revised its regulations to supervise unregistered financial influencers, also known as 'finfluencers.'
30 Aug 2024
BengaluruBengaluru's high-profile real estate deal: Indiranagar property sold for ₹47.5cr
A residential property in Bengaluru's posh Indiranagar neighborhood has been sold for a staggering ₹47.5 crore, marking one of the city's most expensive real estate transactions this year, local brokers told Moneycontrol.
30 Aug 2024
GSTTerm life insurance plans in India might become cheaper
The Goods and Services Tax (GST) Council is considering a proposal to exempt term life insurance policies from GST, according to an anonymous senior government official speaking to Moneycontrol.
30 Aug 2024
ChinaIndia should welcome Chinese investments, suggests Finance Commission Chairman
Arvind Panagariya, a renowned economist and the Chairman of the 16th Finance Commission, has suggested that India should welcome Chinese investments.
30 Aug 2024
TeslaElon Musk wins Dogecoin lawsuit: Judge dismisses 'pyramid scheme' claims
Elon Musk and his electric vehicle company, Tesla, have successfully cleared a lawsuit that accused them of artificially inflating the price of Dogecoin.
30 Aug 2024
Air India ExpressRising domestic airfares could disrupt your festive travel plans
The upcoming festive season of Dussehra and Diwali could be less joyous for Indian travelers due to a significant rise in airfares.
30 Aug 2024
BlinkitZepto's valuation surges to $5 billion ahead of IPO
Zepto, a leading player in the quick commerce sector, has successfully raised $340 million in a follow-on funding round.
30 Aug 2024
Stock MarketSensex, Nifty reach all-time highs amid bullish domestic stock rally
The Indian equity benchmark indices, Sensex and Nifty, reached all-time high levels in early trade today.
30 Aug 2024
Air IndiaVistara will operate its final flight on November 11
Vistara, the full-service airline, has announced that it will operate its last flight on November 11. This decision comes as part of the ongoing merger process with Air India.
30 Aug 2024
Air IndiaModi government clears final hurdle in Air India-Vistara merger
The Indian government has approved a significant $276 million investment by Singapore Airlines, into the newly merged entity of Air India and Vistara.
29 Aug 2024
Mukesh AmbaniReliance becomes first Indian firm to hit ₹10L crore revenue
Reliance Industries Limited (RIL) has set a new record, by becoming the first Indian company to surpass ₹10 lakh crore in annual revenues.
29 Aug 2024
Nita AmbaniNita Ambani outlines Reliance Foundation's vision for 'Viksit Bharat'
Nita Ambani, the founder and Chairperson of the Reliance Foundation, has outlined her organization's vision for a 'Viksit Bharat' at the 47th Annual General Meeting of Reliance Industries Limited.
29 Aug 2024
Reliance RetailReliance Retail to enter luxury jewelry market, reveals Isha Ambani
Reliance Retail, a subsidiary of Reliance Industries Limited (RIL), has announced its foray into the luxury jewelry sector.
29 Aug 2024
InsuranceUnderstanding personal liability insurance in India
In today's fast-paced world, unforeseen incidents can lead to unexpected financial burdens. Personal liability insurance emerges as a crucial safeguard.
29 Aug 2024
InsuranceEvaluating life insurance needs for Indians
Life insurance is a critical component of financial planning. Yet many in India are either uninsured or underinsured.
29 Aug 2024
Personal FinanceElevating financial savvy with DIY investing in India
In today's fast-paced world, managing personal finances and investing wisely has become crucial for financial security.
29 Aug 2024
Berkshire HathawayBerkshire Hathaway joins $1T club, first for non-tech US firm
Berkshire Hathaway, the conglomerate led by Warren Buffett, has achieved a market valuation of over $1 trillion.
29 Aug 2024
MicrosoftCrowdStrike lowers revenue forecasts after global IT outage
CrowdStrike has revised its revenue and profit projections for the year.
29 Aug 2024
Stock MarketSensex, Nifty hit record highs amid IT, FMCG stocks surge
The benchmark indices Nifty and Sensex have reached new all-time highs today, marking their eleventh consecutive day of gains.
29 Aug 2024
BengaluruAt 21, Zepto co-founder youngest on 2024 Hurun India Richlist
The latest edition of the Hurun India Richlist is now official.
29 Aug 2024
SwiggySwiggy Instamart appoints Flipkart veteran Amitesh Jha as new CEO
Swiggy has announced a significant leadership change at Instamart, its quick commerce venture.
29 Aug 2024
NVIDIA$50B: NVIDIA announces one of S&P 500's biggest share buybacks
NVIDIA, a leading player in the chip industry, has announced a stock buyback worth $50 billion.
29 Aug 2024
OpenAIOpenAI seeks billions in funding at over $100 billion valuation
OpenAI, the tech start-up behind the widely used ChatGPT, is reportedly in advanced talks to raise billions of dollars in a new funding round.
29 Aug 2024
FordAfter Harley-Davidson, Ford pumps brakes on DEI initiatives
Ford is reassessing its commitments to diversity, equity, and inclusion (DEI) initiatives.
28 Aug 2024
Two-Factor AuthenticationSafeguarding against online fraud: Financial safety tips for Indians
In today's digital era, the threat of online fraud is significant, especially in India. The digital economy is rapidly expanding there.
28 Aug 2024
Personal FinanceUnlocking savings with seasonal produce shopping. Here's how
Shopping for seasonal produce is a wise strategy to save money while enjoying fresh and nutritious fruits and vegetables.
28 Aug 2024
SensexUnderstanding index funds for Indian investors
Index funds are a favored investment among Indian investors, allowing participation in the stock market without selecting individual stocks.