Business News

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09 Apr 2025

Airbus

Mahindra to make helicopter bodies for Airbus in India

Mahindra Aerostructures, a subsidiary of the Mahindra Group, has bagged a contract from Airbus Helicopters.

NPCI can now change UPI limits for large payments

The Reserve Bank of India (RBI) has given the National Payments Corporation of India(NPCI) the power to revise transaction limits for Unified Payments Interface (UPI) payments from people to merchants.

09 Apr 2025

Beijing

End of '996' culture?—Chinese companies tell staff to work less

Several prominent Chinese technology companies are reportedly adjusting their work schedules, encouraging or mandating reduced working hours for their staff.

09 Apr 2025

Bill Gates

Here's how much money Bill Gates's children will inherit 

Microsoft co-founder and renowned philanthropist Bill Gates has revealed that his three children will inherit less than one percent of his massive wealth.

09 Apr 2025

Donald Trump

RBI cuts India's GDP growth forecast amid Trump's tariff tensions

The Reserve Bank of India (RBI) has cut its GDP growth forecast for the ongoing fiscal year by 20 basis points to 6.5%.

09 Apr 2025

Donald Trump

Trump's tariffs: 26% duty on India kicks-in amid global uncertainty

The 26% import tariff on Indian goods, introduced under US President Donald Trump's expansive trade agenda, officially came into effect today.

RBI cuts repo rate—Will your home loan EMIs go down?

The Reserve Bank of India (RBI) has announced a 25 basis points cut in the repo rate, making home loans, auto loans, and personal loans cheaper for both existing and new borrowers.

RBI reduces repo rate to 6% as Trump's tariffs kick-in

The Reserve Bank of India (RBI) has announced a cut in the repo rate, reducing it by 25 basis points (bps) from 6.25% to 6%.

08 Apr 2025

Flipkart

Alcatel to sell its made-in-India smartphones via Flipkart

After a gap of seven years, French tech company Alcatel is set to make a comeback in the Indian smartphone market.

08 Apr 2025

India

An average Indian CEO now earns ₹10cr per year: Deloitte

The median annual pay for non-promoter Chief Executive Officers (CEOs) in India has hit ₹10 crore, a 13% increase from last year.

EPFO: You can now activate UAN via Aadhaar-based facial recognition

The Employees' Provident Fund Organisation (EPFO) has introduced a new feature.

08 Apr 2025

Mutual Funds

Want to retire early? Master these investment strategies

Achieving long-term financial independence is a function of strategic planning and disciplined investment.

08 Apr 2025

Finance

Five essential strategies for effective budget management

Effective budget management is essential for staying financially stable and reaching long-term goals.

08 Apr 2025

Finance

Maximize savings using these 5 smart finance apps

In today's digital age, managing finances has become more accessible with the help of various finance apps.

08 Apr 2025

Finance

5 timeless saving habits to boost your personal finances

Managing personal finances well is imperative for financial stability and independence.

08 Apr 2025

Narendra Modi

PM Internship Scheme deadline extended—How to avail ₹5,000 monthly stipend

The Prime Minister's Internship Scheme (PMIS), a government initiative aimed at enhancing youth employability, has extended its application deadline to April 15, 2025.

08 Apr 2025

Reliance Industries

Jio Finance now offers loans against shares in 10 minutes

Jio Finance Limited (JFL), a subsidiary of Jio Financial Services, has introduced a digital Loan Against Securities (LAS) service.

08 Apr 2025

Donald Trump

69% of CEOs predict recession due to Trump's tariffs: Survey

According to a recent CNBC survey, an alarming 69% of CEOs expect an impending recession in the US.

08 Apr 2025

India

India's GDP calculation is flawed, says Hotmail founder Sabeer Bhatia

Sabeer Bhatia, the co-founder of Hotmail, has raised concerns over how India measures its economic growth.

08 Apr 2025

Donald Trump

Billionaires are taking companies private and Trump is to blame

The global market downturn as a result of tariffs imposed by US President Donald Trump, has resulted in massive losses for the world's richest.

08 Apr 2025

Swiggy

Swiggy Instamart will reward you for spending over ₹999—Here's how

Swiggy, a leading player in the food delivery and quick commerce space, is piloting a new 'MaxxSaver' feature on its Instamart platform.

08 Apr 2025

China

Elon Musk urges Trump to repeal tariffs on China

Tesla CEO Elon Musk has appealed to US President Donald Trump to reconsider his decision on imposing hefty tariffs on Chinese imports, as per The Washington Post.

08 Apr 2025

Bill Gates

Meet Vaniya Agrawal—the Indian-origin techie fired by Microsoft over protests

Microsoft has fired two employees, including Indian-American engineer Vaniya Agrawal, after they interrupted an event celebrating the company's 50th anniversary.

08 Apr 2025

Donald Trump

EU retaliates against Trump's tariffs with proposed 25% counter-tariff

In retaliation to US President Donald Trump's reciprocal tariffs, the European Commission has proposed a 25% counter-tariff on a range of US products.

07 Apr 2025

Zepto

Zepto's new 'Daily' subscription service available for just ₹1

Zepto, a leading player in the quick commerce space, is shutting down its subscription service 'Zepto Pass.'

07 Apr 2025

OpenAI

OpenAI planning to buy Jony Ive's AI start-up for $500M

OpenAI is considering the purchase of io Products, an AI hardware start-up being built by former Apple Chief Design Officer Jony Ive.

07 Apr 2025

Germany

Germany urges EU to deploy 'anti-coercion' tool against US tariffs

Germany has called on the European Union (EU) to consider deploying its strongest weapon, the "anti-coercion instrument," against US President Donald Trump's tariffs.

07 Apr 2025

Stock Market

What is India VIX and how it reflects market turmoil

India's volatility index (India VIX), or business fear gauge, has surged over 59% to 21.94 today.

07 Apr 2025

Vijay Mallya

Banks recovered properties worth ₹14,000cr, twice I owe: Vijay Mallya

Fugitive liquor baron Vijay Mallya has claimed Indian banks have recovered properties worth ₹14,131.6 crore from him.

07 Apr 2025

Samsung Electronics

Why Samsung is slipping in the AI chip race

Samsung Electronics is witnessing slow sales of artificial intelligence (AI) chips and continued losses in its contract chip manufacturing business.

07 Apr 2025

Microsoft

Microsoft's joint venture Wicresoft to halt China operations

Microsoft's joint venture, Wicresoft, will cease its operations in China from tomorrow.

07 Apr 2025

Apple

Apple challenges UK's demand for 'backdoor' access to iCloud data

Apple has appealed against a British government order seeking a "backdoor" into its secure cloud storage systems. The Investigatory Powers Tribunal (IPT) confirmed the same on Monday.

07 Apr 2025

Startups

SoftBank-backed Juspay raises $60M to accelerate AI development

Bengaluru-based payment technology company, Juspay, has successfully raised $60 million in its Series D funding round.

07 Apr 2025

Goldman Sachs

US recession risk surges to 45% amid Trump's tariff turmoil

Goldman Sachs economists, led by Jan Hatzius, have raised the odds of a US recession to 45% from 35% previously. The revision comes after the Trump administration's tariff announcement last week.

07 Apr 2025

LPG Cylinder

Your LPG cylinder will get costlier by ₹50 from tomorrow

The price of liquefied petroleum gas (LPG) cylinders in India will increase by ₹50 per cylinder from tomorrow.

07 Apr 2025

Finance

How reverse budgeting can transform your financial future

Reverse budgeting is a financial strategy that focuses on prioritizing savings and investments before allocating funds for other expenses.

07 Apr 2025

India

After US, EU urges India to remove car import tariffs

As part of a trade agreement, the European Union (EU) is urging the Indian government to remove high tariffs on car imports.

Wearables brand Boat files draft IPO papers with SEBI

Imagine Marketing, the parent firm of wearables brand Boat, has filed draft documents with the Securities and Exchange Board of India (SEBI), for an initial public offering (IPO) via the confidential pre-filing route.

07 Apr 2025

Finance

Master these 5 money tips to build lifelong wealth

We all know how important it is to manage our finances well, especially if we want to achieve lifelong success.

07 Apr 2025

Finance

These 5 small everyday habits can lead to big savings

Saving money often seems like an intimidating task. However, if you add these small habits to your daily routine, you can make it much easier.