Business News
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Overwhelmed by student loans? 5 ways to stay on track
Many Indians struggle with the burden of student loan debt.
ByteDance to invest over $20B in AI development this year
ByteDance, the Chinese tech giant behind TikTok, has set aside over 150 billion yuan ($20.64 billion) for capital expenditure in 2025.
Meta accused of misleading EU users with revised ad-free service
The European Consumer Organisation (BEUC) has expressed concerns over Meta's updated no-ads subscription service, warning it may breach EU consumer and privacy laws.
Ola, Uber issued notice over fare differences on iOS, Android
The Central Consumer Protection Authority (CCPA) has served notices to ride-hailing giants Ola and Uber after complaints of fare discrepancies on Android and iOS devices.
TikTok faces legal battle in France over teen suicides
Seven families in France have sued TikTok, claiming the social media platform's inability to curb harmful content resulted in their teenage children's suicides.
Meet DOGE Clock: Real-time tracker of Musk's billion-dollar savings plan
A peculiar addition has recently appeared on the renowned US Debt Clock website: the "DOGE Clock."
CNN, NBC to lay off employees amid digital shift
Cable News Network (CNN) will lay off hundreds of its employees today, CNBC reported.
Gold prices in India surpass ₹80,000/10g for first time
Gold prices in India have hit an all-time high, breaching the ₹80,000 mark per 10gm. The unprecedented spike is largely attributed to investors flocking to the precious metal amid looming market instability.
Spotify co-founder's health-tech venture Neko raises $260M at $1.B valuation
Neko Health, a Swedish health-tech start-up co-founded by Spotify's Daniel Ek, has raised an impressive $260 million in a Series B funding round.
NCLAT stays CCI order, lifts ban on WhatsApp's data sharing
India's National Company Law Appellate Tribunal (NCLAT) has temporarily lifted a five-year ban that barred WhatsApp from sharing user data with its parent company Meta.
NHRC orders fresh probe into employment discrimination at Foxconn India
India's National Human Rights Commission (NHRC) has slammed labor officials for failing to properly investigate alleged employment discrimination at Foxconn, a key manufacturer of Apple iPhones.
OpenAI challenges Indian court's jurisdiction in copyright dispute
OpenAI, a leading artificial intelligence (AI) firm, has challenged the jurisdiction of Indian courts in a copyright infringement lawsuit filed against it.
LinkedIn sued for using private messages to train AI
Microsoft-owned LinkedIn is facing a class-action lawsuit, courtesy of its Premium subscribers.
Blinkit-rival Zepto is planning to raise $1B via IPO
Zepto is planning to increase its IPO size to between $800 million and $1 billion, including secondary shares, as per The Economic Times.
Budget 2025: Green energy sector may get ₹10,000cr boost
The Union budget for FY 2025-26 is likely to earmark an additional ₹10,000 crore for new and renewable energy.
India's trade deal with European bloc to attract $100B investment
Union Minister Jayant Chaudhary has announced a landmark Trade and Economic Participation Agreement (TEPA) with a European FTA bloc.
HUL to list demerged ice cream business on BSE, NSE
Hindustan Unilever Limited (HUL) has officially announced that it will be separating its ice cream division into a standalone entity.
These HDFC Bank services will be unavailable this week
Leading private sector lender HDFC Bank has announced a 16-hour system maintenance period for this week.
HUL acquires 90.5% stake in beauty start-up Minimalist for ₹2,955cr
India's leading FMCG giant Hindustan Unilever (HUL) has announced the acquisition of a 90.5% stake in Jaipur-based direct-to-consumer (D2C) beauty brand Minimalist.
HDFC Bank's Q3 profit rises 2.2% to ₹16,736cr, below estimates
India's top private lender HDFC Bank has reported a year-on-year growth of 2.2% in its standalone net profit for the December quarter.
Auction house sued for selling Einstein's letters at throwaway prices
A legal battle has broken out between Christie's Auction House and banking tycoon Jacqui Safra, over the alleged underpriced sale of his collection.
Airtel introduces voice and SMS-only prepaid plans starting at ₹166/month
Bharti Airtel, one of India's leading telecom operators, has announced voice and SMS-only prepaid plans.
Budget 2025: Annual income up to ₹10L may become tax-free
The new tax regime is likely to undergo major changes in the upcoming Union Budget 2025-26, a Business Standard report said.
US banks ready for crypto payments: Bank of America CEO
Bank of America's CEO Brian Moynihan has said that the US banking industry is ready to adopt cryptocurrencies for payments, if given the green light by regulators.
Google fined $12.4M by Indonesia over unfair business practices
Indonesia's antitrust agency has slapped a fine of IDR 202 billion ($12.4 million) on Google for unfair business practices.
Denta Water IPO fully subscribed within an hour, GMP soars
Denta Water and Infra Solutions Ltd.'s ₹220.5 crore initial public offering (IPO) was fully subscribed within an hour of its launch today.
Blinkit now delivers your Xiaomi, Nokia phones in 10 minutes
Leading quick-commerce company Blinkit has announced a strategic partnership with smartphone makers Xiaomi and Nokia.
Solar bonds or PPF? Bright choices for India's green investors
Are your savings shining bright? Investing in renewable energy isn't just trendy—it's transforming how India saves and earns.
Shedding light on Section 80CCF for infrastructure bonds
Section 80CCF of the Income Tax Act of India allows deductions for investments made in long-term infrastructure bonds.
6L applications, 10k selected: PM Internship Scheme falls short
The Pradhan Mantri Internship Scheme (PMIS), launched as a pilot project in FY 2024-25, has not been able to achieve its target of 1.25 lakh internship opportunities.
Google invests $1B in AI firm Anthropic
Google has pumped a whopping $1 billion into Anthropic, an artificial intelligence (AI) company recognized for its Claude series of AI models.
Netflix raises prices as it gains record subscribers in Q4
Netflix has announced a price increase following a record-breaking quarter, adding 18.9 million new subscribers in Q4 2024. This surpasses the 13 million added the previous year.
Modi government proposes draft rules for self-regulation of e-commerce platforms
In a bid to promote self-regulation among e-commerce platforms, the Indian government has proposed a set of draft guidelines.
Why IMF's Gita Gopinath is urging India to reduce tariffs
Gita Gopinath, the first Deputy Managing Director of International Monetary Fund (IMF), has advised India to reduce its tariffs.
Paytm to become profitable next quarter: Vijay Shekhar Sharma
Paytm's Founder and CEO, Vijay Shekhar Sharma, has announced that the digital payments company is on track to become profitable in the next quarter.
Narayana Murthy clarifies stance on 70-hour workweek, emphasizes personal introspection
Infosys co-founder Narayana Murthy has clarified his controversial statement advising young professionals to work 70 hours per week.
Earning abroad? Here's how India will tax your global income
Imagine basking on an Australian beach, your freelance payments pinging in, only to realise that the taxman back in India is waiting for his share too!
Why livestock loans could be the future of Indian farming
Livestock loans are specialized financial products tailored to the unique needs of farmers and livestock owners in India.
Cryptocurrency vs PPF: An extensive comparative analysis
In the dynamic world of Indian investments, traditional stalwarts like the Public Provident Fund (PPF) are increasingly finding themselves compared to contemporary options such as cryptocurrency.
Shedding light on benefits of hybrid funds for Indian investors
Hybrid funds are becoming a hot favorite among Indian investors, thanks to their unique blend of equity and debt investments.