Business News

Retail inflation hit 4.88% in November; highest in 15 months

Breaching RBI's estimate of 4%, India's retail inflation, or Consumer Price Index (CPI), has reached 4.88% in November 2017- the highest in 15 months.

What is the net worth of brand Virushka?

Anushka Sharma has finally taken home Virat Kohli, India's most eligible bachelor, in a dreamy Tuscan wedding on December 11.

Save the maximum tax under Income-Tax Sections 80C, 80CCD, 80D

December is here, and taxpayers are in a rush to utilize tax deductions to the fullest, invest in various tax-saving instruments, and submit these proofs to employers.

Massive discounts on Samsung's first 'Happy Hours' sale

Samsung launched its 'Happy Hours' sale on Amazon today as well as on the Samsung e-store, where for the first time, it cut prices of some of its Galaxy smartphones.

RTI: Rs. 2000 notes are here to stay

Recently, there were rumors regarding the demonetization of Rs. 2000 notes. To put them to rest, a Pune-based activist, Prafful Sarda filed an RTI. The RTI query clarified the status of Rs. 2000 notes.

Air India Privatization: Carrier to be split into 2

The government's Air India privatization plan seems to have taken shape. The Centre would split the state-run airline into two before sale.

Apple demands India not to hike import-tax on iPhone parts

In a bid to expand its iPhone-manufacturing in India, Apple has reportedly asked the government not to increase the import taxes on mobile phone components.

India ranks 76, 109 in broadband and mobile Internet-speeds: Ookla

Reflecting the massive transformation India underwent this year in terms of Internet speeds, the country was ranked 76th and 109th for fixed-broadband and mobile Internet speeds, respectively, on Ookla's November Speedtest Global Index.

Car prices to rise by upto Rs. 1L from January

Come 2018 and passenger car prices in India will increase by as high as Rs. 1L. Toyota Kirloskar, Honda, Tata Motors, Skoda and Isuzu have all attributed the decision to rising input cost.

Airtel to connect 2,100 northeast villages in 18 months

Bharti Airtel has signed an MoU with the Department of Telecom and the Universal Service Obligation Fund (USOF) to provide mobile connectivity to 2,100 uncovered villages in the northeast.

The seven-year-old YouTuber who made $11mn reviewing toys

Forbes recently released its list of the world's highest-paid YouTube stars of 2017. In the eighth place is Ryan ToysReview, which earned $11mn this year.

Direct Tax Collections rise 14%, hitting Rs. 4.8-lakh-crore till November

In yet another boost to the economy, Central Board of Direct Taxes (CBDT) latest data showed that the Direct Tax Collections for FY 2017-18 recorded a growth of 14.4% between April and November.

Apple to acquire music recognition app Shazam for $400mn

If reports are to be believed, Apple is going to acquire music-identifying app Shazam for about $400 million.

Consumer spending on mobile-apps to hit $110 bn next year

Globally, consumer spending on mobile apps is set to reach $110-billion (Rs. 7,08,950-crore), growing by about 30% in 2018, according to app-market data company App Annie's forecast report.

WhatsApp Business App revealed: Here's how you can use it

At a time when WhatsApp is increasingly being used by businesses to communicate with customers; it looks like the Facebook-owned company is set to roll-out a new standalone app "WhatsApp Business".

NCLT allows Centre to take over realty major Unitech

The National Company Law Tribunal (NCLT) has allowed the Centre to take management control of realty giant Unitech after the Corporate Affairs Ministry moved the bankruptcy court.

Steep rises, frauds and theft: Chaos in the bitcoin world

As the Bitcoin crossed the $17,000 mark, Twitterati seems to have gone crazy over a seemingly "generous" offer by a user: one free bitcoin each to "five random people" who retweet his post announcing the giveaway.

ICICI Bank customers can now open PPF-account sitting at home

India's largest private bank ICICI Bank has introduced a fully-digital service to enable its customers to open a Public Provident Fund (PPF) online.

How fast are mobile-apps? You can soon test on Speedtest!

Global broadband testing leader Ookla's popular Internet performance monitoring platform Speedtest.net would soon allow users to test speeds of mobile apps.

Bitcoin crosses $14,000-mark; but RBI warns people of risks

The world's most popular cryptocurrency, Bitcoin, has surpassed the $14,000-mark (Rs. 9lakh), recording an over 1400% rise compared to its below $1,000 price at the beginning of 2017.

Airtel now offers three Intex smartphones starting at Rs. 1,649

India's telecom wars have led to a bonanza for customers. First, it was drastically-lowered calling/internet rates, and then smartphones at never-before cheap prices.

Best smartphones under Rs. 15,000: Flipkart offering additional discounts, deals

Technology is getting better and better every day but smartphones, the premium flagship devices, are getting expensive.

RBI keeps repo-rate unchanged at 6% for second consecutive time

The RBI's six-member Monetary Policy Committee (MPC) has kept the repo rate unchanged at 6%, second time in a row, in its fifth bi-monthly policy review.

Reliance Jio beats Airtel, Vodafone, Idea in 4G download speeds

When it comes to 4G download speeds, Reliance Jio still leads its rivals with an all-time high 21.9Mbps speed on its network in September, shows TRAI (Telecom Regulatory Authority of India) data.

Android Go, Assistant on JioPhone and more: Google's new features

Google hosted its third annual 'Google for India' event in Delhi today and announced a slew of exciting offerings.

India will have 1L startups by 2025: Mohandas Pai

India will have one lakh startups by 2025 which will create a value of $500bn, says Manipal Global Education Chairman TV Mohandas Pai.

Budget 2018 likely on February 1, GST might affect presentation

The last budget for the current government, the first after GST, is likely to be presented on February 1 next year.

The news start-up where all the reporters are under 14

Failed ATM-transaction? You can claim Rs. 100/day compensation from bank

Capgemini's Salil Parekh named Infosys's new CEO & MD

Government sets up panel to further tweak GST

Xiaomi India giving Rs. 500crore gift to Redmi 5A buyers!

EPF cover salary limit to be increased to Rs. 21,000

Over 25 million businesses are now active on Instagram!

Facebook's photo-sharing app, Instagram, announced its platform now home to over 25-million businesses, a remarkable rise from 15-million in July this year.

AI-powered legal search-engine: Millions of cases just a click away!

Artificial Intelligence is changing the world, and is being integrated into various fields like healthcare, medical diagnosis, industries, transportation, and education; so why not the field of law?

Amazon's "iPhone Fest": Discounts, offers, deals on all iPhone models!

If you have been planning on buying an iPhone, now is the time as Amazon India has launched "iPhone Fest" under which it is offering Apple smartphones starting at just Rs. 18,900.

India's GDP growth surges to 6.3% after months of decline

India's GDP data for the September quarter showed positive trends: growth had surged by 6.3%, signaling the country has shaken off the effects of demonetization and GST rollout.

Airtel 'misused' Aadhaar access to open bank accounts without consent

Airtel is reportedly abusing its access to customers' Aadhaar number by opening accounts in Airtel Payments Bank without their permission.

How much gold can you legally possess in India?

Gold has always been one of the most preferred forms of jewelry and the safest investment option in India.

Bitcoin breaks $10,000-barrier: Know how you can invest in Bitcoin!

The value of Bitcoin, the world's oldest and largest cryptocurrency, has soared above $10,000 yesterday (28 November) - a remarkable rise from a mere $0.003 price seven years ago.