Business News

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14 May 2025

Stock Market

Raymond's shares have plunged 64% today: Here we decode why

Shares of Raymond, a leading player in India's textile and apparel industry, have plummeted over 64% today.

14 May 2025

Airbnb

Airbnb now lets you book chefs, spa days—and celebrity meetups

Airbnb has launched a new feature enabling travelers to book services and experiences, such as massages, haircuts, chef-prepared meals, or participating in unique activities.

14 May 2025

Amazon

Microsoft fires 6,000 employees in its second biggest layoff round

In a major development, Microsoft has announced a massive layoff round affecting around 6,000 employees.

13 May 2025

Amazon Prime Video

Your movies on Prime Video won't be ad-free from June

Amazon has announced plans to introduce limited advertisements during shows and movies on Prime Video in India, starting June 17.

13 May 2025

Personal Finance

5 timeless finance strategies that can help your money grow

Managing personal finances effectively is key to achieving financial stability and security.

13 May 2025

Personal Finance

5 steps to save yourself from any financial risk

Financial risk management is essential for keeping your business stable and ensuring its long-term success.

13 May 2025

Personal Finance

Want to achieve financial stability? These tips can help

Building a strong personal finance foundation is the key to financial stability.

13 May 2025

Inflation

5 simple finance tips to tackle inflation like a pro

Inflation can heavily shake your personal finances, so it is important to adapt and plan smartly.

13 May 2025

Finance

How to track your infrequent expenses and save big

Managing a budget isn't just about tracking daily expenses.

13 May 2025

China

Free toilet, lift use: Bizarre Chinese job ad amuses netizens 

A job advertisement in China has sparked controversy and hilarity, owing to its bizarre perks.

13 May 2025

Inflation

Retail inflation touches 6-year low of 3.16% in April

India's retail inflation has hit its lowest level in over six years, provisional government data released today showed.

13 May 2025

China

Modi effect: Shares of J-10 Chinese fighter jet maker crash

Chinese defense firm Avic Chengdu Aircraft, the maker of J-10 fighter jet, witnessed a major plunge in its stock value (down 9%) today.

13 May 2025

Donald Trump

Trump's new drug pricing policy might hurt Indian pharma industry

US President Donald Trump has signed an executive order in relation to prescription drugs. Now, US drug prices have to match the lowest rates paid by other developed countries.

13 May 2025

China

SHEIN, Temu benefit as Trump reduces tariffs on Chinese parcels

The United States has announced a major cut in tariffs on small parcels from China and Hong Kong.

13 May 2025

Flipkart

Walmart-owned Flipkart is facing senior leadership exodus: Report

E-commerce giant Flipkart, owned by Walmart, is witnessing a major churn in its senior management, as per Moneycontrol.

13 May 2025

Startups

This JSW Group start-up is India's latest unicorn

JSW One Platforms, the B2B e-commerce arm of the JSW Group, has entered the unicorn club after securing ₹340 crore in a funding round that valued the company at $1 billion.

SBI joins Apple, Alphabet in world's most profitable companies list

The country's largest lender, State Bank of India (SBI), has made it to the global list of top 100 companies in terms of net profit.

13 May 2025

Boeing

Boeing can now deliver its planes to Chinese airlines again

China has lifted its month-long ban on airlines accepting deliveries of Boeing aircraft.

13 May 2025

Sensex

Sensex tumbles over 1,000 points: What is behind today's fall?

The Indian stock market took a hit on Tuesday morning, wiping out the gains from the previous day.

Amazon-backed supermarket chain More Retail eyeing ₹2,000cr IPO in 2026

More Retail, the Amazon and Samara Capital-backed supermarket chain, plans to raise around ₹2,000 crore through an IPO in 2026.

Gensol Engineering's MD Anmol Singh Jaggi resigns amid SEBI probe

Gensol Engineering's Managing Director Anmol Singh Jaggi has resigned from his post following an order from the Securities and Exchange Board of India (SEBI).

12 May 2025

Paytm

UPI goes down: PhonePe, GPay users unable to make payments

A widespread outage has disrupted Unified Payments Interface (UPI) transactions across India.

12 May 2025

Personal Finance

How compound interest helps build wealth over time

Compound interest is a powerful financial concept that can tremendously affect your savings, investments over time.

12 May 2025

Personal Finance

Risk management basics everyone should know for smarter financial decisions

Understanding risk management is essential for anyone looking to navigate the financial world effectively.

12 May 2025

Inflation

Why financial literacy is key to navigating rising inflation

Financial literacy is critical to deal with the intricacies of inflation.

12 May 2025

India

Gold prices suddenly fell by over 4% today: Here's why

Today, gold futures on the Multi Commodity Exchange (MCX) fell sharply by more than 4%.

12 May 2025

Income Tax Return

Income tax return filing: Key changes you must know about

The Central Board of Direct Taxes (CBDT) has released the Income Tax Return (ITR) forms for the Assessment Year (AY) 2025-26.

12 May 2025

Apple

Apple is now fastest-growing smartphone brand in India

Apple has set a record for first-quarter iPhone sales in India.

12 May 2025

Personal Finance

Effective strategies to manage and reduce debt for better finances

Managing debt responsibly is critical to staying afloat and not falling into a bottomless pit.

12 May 2025

Personal Finance

5 common budgeting mistakes and how to avoid them

Managing personal finances can be tricky, especially when you make common budgeting mistakes.

12 May 2025

Zepto

Motilal Oswal co-founders invest $100M in Zepto, boosting Indian ownership

Motilal Oswal and Raamdeo Agrawal, the co-founders of Motilal Oswal Financial Services Limited (MOFSL), have each pumped $50 million into rapid delivery start-up Zepto, according to Moneycontrol.

12 May 2025

Ather Energy

Ather Energy's loss narrows to ₹234cr as revenue jumps 29%

Ather Energy, a leading name in the electric two-wheeler space, has posted a narrowed net loss of ₹234 crore for the fourth quarter of FY25.

12 May 2025

Nissan

Why Nissan wants to fire 20,000 employees

Nissan Motor Company has doubled its planned job cuts from 9,000 to around 20,000, as per NHK.

12 May 2025

India

India tops global rankings in factory and services growth

India has become a global leader in both manufacturing and services activity, JP Morgan's Purchasing Managers' Index (PMI) data showed.

How to quickly check PF balance via call or SMS

The Employees' Provident Fund Organisation (EPFO) offers two easy ways for members to check their Provident Fund (PF) details.

12 May 2025

SpaceX

SpaceX sued for firing employee who took frequent bathroom breaks

Douglas Altshuler, a former SpaceX employee, has sued the company in a US federal court.

12 May 2025

China

Trade war de-escalation: US and China agree to cut tariffs 

The United States and China have agreed to a temporary truce in their ongoing trade war, with both nations cutting tariffs by 115%.

12 May 2025

Stock Market

Why pharma stocks in India are down 7% today

Stocks of Indian pharmaceutical companies such as Sun Pharma, Lupin, Biocon, and Aurobindo Pharma fell up to 7% today.

Yes Bank jumps 9% as Japan's SMBC buys 20% stake

Yes Bank's shares jumped as much as 8.7% in early trading on Monday, hitting a high of ₹21.74 on the Bombay Stock Exchange (BSE).

12 May 2025

China

US and China reach deal to reduce trade deficit

The United States and China have finalized a trade deal following two days of intensive negotiations, Treasury Secretary Scott Bessent confirmed on Sunday.