Business News

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10 Jun 2025

CRED

CRED raises $75M in down round, valuation falls to $3.5B 

Fintech unicorn CRED has raised around $72 million in its Series G funding round, led by Lathe Investment, a subsidiary of GIC.

10 Jun 2025

ChatGPT

OpenAI doubles revenue to $10B in just 6 months

OpenAI has announced that its annualized revenue run rate has hit $10 billion as of June.

09 Jun 2025

Gujarat

Micron to invest ₹13,000cr in Gujarat SEZ for semiconductor manufacturing

Micron Semiconductor Technology India Pvt Ltd (MSTI) and Aequs Group have received the green light from the government's Special Economic Zone (SEZ) Board to set up SEZs for semiconductor and electronic component manufacturing in India.

09 Jun 2025

India

World's 3rd-largest pizza chain, Little Caesars, is coming to India

Little Caesars, the third-largest pizza chain in the world, is all set to enter the Indian market.

09 Jun 2025

Elon Musk

Starlink's internet plans in India will start at ₹3,000/month

Elon Musk's satellite communication company, Starlink, is gearing up to launch its services in India.

09 Jun 2025

India

Silver prices hit all-time high today: Here we decode why

Silver prices in India have hit an all-time high of ₹1,06,400 per kg today.

09 Jun 2025

Donald Trump

Gold prices decline on stronger US employment, China trade talks

Gold prices fell on Monday as optimism over easing US-China trade tensions weighed on safe-haven demand.

09 Jun 2025

Madras High Court

Turkey's Celebi moves Madras HC against contract termination by India

Turkish aviation firm, Celebi, has challenged the Airport Authority of India's (AAI) decision to terminate its contract in the Madras High Court.

09 Jun 2025

Swiggy

You can now buy organic pulses, spices on Swiggy's Instamart

Swiggy's Instamart has teamed up with Bharat Organics, a cooperative brand, to bring certified organic staples to major Indian cities.

09 Jun 2025

India

Why India-US 'mini-trade deal' might not happen after all

The US's reluctance to exempt India from 50% tariffs it has slapped on steel and aluminium imports, has emerged as a hurdle in finalizing a "mini-trade deal" between the two countries by July 8.

New RBI guidelines on gold loans: What changes for you

The Reserve Bank of India (RBI) has announced a major overhaul in the regulations for gold and silver loans.

09 Jun 2025

Personal Finance

The personal finance lessons schools forgot to teach

Managing personal finances is an essential skill, but many elements of it are neglected.

09 Jun 2025

Personal Finance

Is digital-only banking right for you? Pros and cons explained

As technology continues to advance, digital-only banking accounts have become increasingly popular, providing a modern-day alternative to traditional banking.

09 Jun 2025

Personal Finance

5 simple money tips for a successful financial life

Managing one's finances well is key to living a stress-free life.

09 Jun 2025

Personal Finance

5 financial mistakes to avoid for a hassle-free life

Managing personal finances isn't easy, especially with the hundreds of decisions you have to make each day.

09 Jun 2025

Swiggy

Eternal, Swiggy stocks slide as Rapido shakes up food delivery

Shares of Swiggy fell 2.7% and Eternal Ltd, the parent company of Zomato, fell 1% on Monday.

09 Jun 2025

Personal Finance

Working as a freelancer? Avoid these 5 common money mistakes

Freelancing is flexible and independent, but has its financial challenges.

09 Jun 2025

India

Eating a thali is now cheaper in India

The cost of preparing vegetarian and non-vegetarian thalis in India has decreased by around 6% year-on-year (YoY) in May 2025.

09 Jun 2025

Stock Market

Bank Nifty hits all-time high of 57,000: What's fueling rally?

The Bank Nifty index in India has hit a record high, passing the 57,000 mark for the first time ever.

09 Jun 2025

Qualcomm

Qualcomm acquires UK chip designer Alphawave for $2.4B

American tech giant Qualcomm has announced its acquisition of British semiconductor company Alphawave IP Group Plc for a whopping $2.4 billion.

09 Jun 2025

ChatGPT

Getty Images takes on Stability AI in landmark copyright lawsuit

Getty Images' significant copyright lawsuit against Stability AI commenced at London's High Court, potentially setting a major precedent for how copyright law applies to AI technologies.

09 Jun 2025

Bharti Airtel

Airtel partners with Ericsson to manage pan-India network operations

Bharti Airtel has signed a multi-year Network Operations Center (NOC) Managed Services contract with Ericsson.

09 Jun 2025

Paytm

Paytm now lets you create personalized UPI IDs: Here's how

Paytm, a leading player in digital payments and financial services, has launched a new feature to create personalized Unified Payments Interface (UPI) IDs.

09 Jun 2025

Starbucks

Why Starbucks is lowering prices in China

Starbucks has announced a price reduction for some of its iced drinks in China.

09 Jun 2025

Startups

Lenskart to acquire AI start-up GeoIQ for smarter retail expansion

Leading omnichannel eyewear retailer Lenskart is all set to acquire GeoIQ, a location artificial intelligence (AI) start-up.

09 Jun 2025

China

China's exports to US plunge 34%, worst drop since 2020

China's exports have seen a major slowdown, with a 34.4% decline in shipments to the US, the largest drop since February 2020.

09 Jun 2025

China

US, China trade chiefs meet amid rising trade tensions

Top trade negotiators from the United States and China will meet in London today to discuss the ongoing trade tensions.

09 Jun 2025

Swiggy

Rapido slashes food delivery commissions to half of Zomato, Swiggy

In a major move to disrupt the food delivery market, ride-hailing app Rapido has announced its partnership with restaurants at nearly half the commission rates of industry giants Swiggy and Zomato.

09 Jun 2025

HDFC Bank

HDFC CEO hit with FIR—Is bank's market run in trouble?

HDFC Bank's Managing Director and CEO, Sashidhar Jagdishan, has been named in a police complaint filed by the Mehta family through its Lilavati Kirtilal Mehta Medical Trust.

GE wants to supply engines for India's new stealth-fighter jet

General Electric (GE) is in the race to win a contract for manufacturing engines for the Indian Air Force (IAF)'s Advanced Medium Combat Aircraft (AMCA), or fifth-generation stealth fighter.

08 Jun 2025

Bharti Airtel

How Airtel plans to tackle digital frauds in India 

In a bid to tackle the rising menace of digital frauds, telecom giant Airtel has reached out to over 40 banks, the Reserve Bank of India (RBI), and National Payments Corporation of India (NPCI).

LIC appoints Sat Pal Bhanoo as its interim CEO

The Life Insurance Corporation of India (LIC) has appointed Managing Director (MD) Sat Pal Bhanoo, as the interim Chief Executive Officer (CEO).

08 Jun 2025

Airbus

Europe's ATR wants to sell planes to airlines in India 

European aircraft manufacturer ATR is optimistic about the Indian market and is in talks with various airlines to sell its turboprop planes.

08 Jun 2025

Personal Finance

5 key inflation facts everyone should know to navigate better

Inflation is one of the most crucial concepts of the economy that impacts everyone, from consumers to policymakers.

08 Jun 2025

Personal Finance

5 sneaky spending traps quietly wrecking your budget

In today's fast-paced world, it's easy to lose track of where your money goes.

08 Jun 2025

Personal Finance

How compound interest turns small savings into big wealth

Compound interest is a basic concept of finance that plays a major role in long-term financial decisions.

08 Jun 2025

Personal Finance

Beware! These common mistakes can silently drain your long-term savings

Long-term savings are integral for financial stability and future planning.

08 Jun 2025

Personal Finance

How to curb impulse spending, take control of your finances

Impulse spending can be a major drain on your personal finances, often resulting in unnecessary debt and financial stress.

08 Jun 2025

Stock Market

FIIs turn net sellers in June, offload equities worth ₹3,565cr

Foreign institutional investors (FIIs) have turned net sellers in early June, offloading equities worth ₹3,565 crore. This comes after a strong inflow of ₹19,860 crore in May.

08 Jun 2025

Delhi

Maharashtra, Karnataka top states for foreign direct investment in FY25

Maharashtra and Karnataka have emerged as the top states in India for foreign direct investment (FDI) inflows during the fiscal year 2024-25.