Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
Apple expands iPhone 17 production in India for US market
Apple is ramping up iPhone 17 production in India, across five factories, including two new ones.
GST 2.0: What will get cheaper under India's tax overhaul
In a major move, Prime Minister Narendra Modi has announced plans to revamp India's Goods and Services Tax (GST) system.
Government bond yields jump to 4-month high: What's the reason?
Indian government bonds fell sharply today, following the Centre's proposed tax overhaul.
You can now file updated tax returns for these assessment-years
The Income Tax Department has announced the facility to file updated returns (ITR-U) for the assessment years (AY) 2021-22 and 2022-23 using ITR-3 and ITR-4 forms.
Interchange fee on credit card transactions: How it affects you?
If you use a credit card, you may have come across several terms related to charges and financial parameters. One such term is 'interchange fee.'
Reliance Infra shares up 3% today: Here we decode why
Anil Ambani-backed Reliance Infrastructure's shares surged by over 3% today, following the company's announcement of a major order from state-run energy giant NHPC.
Ola Electric shares jump 7%: What's driving the rally?
Ola Electric's shares jumped over 7% in early trade today, following an ambitious growth strategy unveiled by founder and chairman Bhavish Aggarwal at the company's annual Sankalp event.
SoftBank invests $2B in Intel, becoming 6th-largest shareholder
SoftBank Group has announced a major investment of $2 billion in Intel.
Why Glenmark, Alembic, Sun Pharma have recalled drugs in US
Leading Indian pharmaceutical companies Glenmark, Alembic, and Sun Pharma have announced recalls of certain medications in the United States.
This seafood start-up wants to raise ₹1,700cr via IPO
Bengaluru-based seafood supply chain start-up Captain Fresh has filed confidential IPO papers with the Securities and Exchange Board of India (SEBI).
How Modi government will attract private players to defense industry
The Indian government is considering a major shift in its defense procurement strategy.
Tata Capital's Q1 results: Net profit surges 120% to ₹1,041cr
Tata Capital, the financial services arm of the Tata Group, has reported a massive 120.5% jump in profits for Q1 FY2025.
Why Air Canada has suspended profit forecasts for entire year
Air Canada has suspended its profit forecasts for the third quarter and the entire year.
Why Modi government might ease FDI norms for solar industry
The Indian government is considering relaxing foreign direct investment (FDI) rules in certain sectors, particularly renewable energy such as solar.
Reliance will now sell herbal beverages in India
Reliance Consumer Products Ltd (RCPL), the fast-moving consumer goods (FMCG) arm of Reliance Industries Limited, has announced its entry into the healthy functional beverage space.
HDFC Bank to suspend customer care services on these dates
HDFC Bank has announced a temporary disruption in its customer care services due to essential system maintenance.
India's unemployment rate declines to 5.2% in July
India's unemployment rate has declined to 5.2% in July, down from 5.6% in June, according to the latest Monthly Bulletin of the Periodic Labour Force Survey (PLFS).
GST reform: 10% of India's retail basket to see relief
A recent analysis by Moneycontrol has revealed that nearly 10% of India's consumption basket could get direct relief from the proposed Goods and Services Tax (GST) rationalization in October.
Nifty breaks key hurdle at 25,000: What the rally continue?
The Nifty 50 index crossed the psychological barrier of 25,000 today, a level it last touched on July 25.
BSNL swings back to loss after 2 profitable quarters
Bharat Sanchar Nigam Limited (BSNL) has reported a net loss of ₹1,049 crore for the June quarter.
Bhavish Aggarwal does not regret taking Ola Electric public
Ola Electric founder and Chairman Bhavish Aggarwal has said he doesn't regret taking the firm public.
China's exports of rare earth products hit 6-month high
China's export of rare earth products, including magnets, witnessed a major recovery in July.
Duolingo shares have seen a 38% crash: What's the reason?
Duolingo, the leading name in education technology, has seen its stock plummet by a whopping 38% from its peak this summer.
UPI transactions in India: Average daily value crosses ₹90,440cr
Unified Payments Interface (UPI) transactions in India have witnessed a massive surge in 2025, according to a recent report by the State Bank of India (SBI).
Worrying: Most Gen Z candidates bring parents to job interviews
A recent survey revealed that a whopping 77% of Generation Z job seekers are bringing their parents into the hiring process, Fortune has reported.
Trump's 50% tariffs could risk 3L Indian jobs, warn experts
Experts have warned that the recent tariff hike by US President Donald Trump on Indian imports could jeopardize nearly 300,000 jobs in India.
Swatch withdraws 'slanted eye' ad, apologizes amid uproar in China
Swiss luxury watchmaker Swatch has been embroiled in a major controversy over an advertisement featuring a model pulling the corners of his eyes.
Why Swiggy wants to restructure its finance team
Swiggy, a leading player in food and grocery delivery in India, is revamping its organizational structure, as per Moneycontrol.
Vodafone Idea's shares up 8% today: Here we decode why
Vodafone Idea's shares surged by around 8% today, following the company's June quarter performance results.
Kotak can now sell funds to retail investors in UAE
Kotak International, the global arm of Kotak Mahindra Bank, has become the first Indian company to receive a license from the United Arab Emirates (UAE) to sell investment funds and portfolios to onshore retail investors.
This renewable energy company wants to raise ₹5,200cr via IPO
Clean Max Enviro Energy Solutions has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).
Sunjay Kapur's sister demands answers, accuses Sona of sidelining family
Mandhira Kapur Smith, the sister of late industrialist Sunjay Kapur, has alleged mistreatment following her brother's sudden death.
MTNL fails to repay ₹8,659cr, adds pressure on PSU banks
Indian government-owned Mahanagar Telephone Nigam Limited (MTNL) has defaulted on principal and interest payments to several banks.
Zepto now lets you 'own plot of land' in 10-minutes
Leading quick commerce platform Zepto has announced a unique partnership with The House of Abhinandan Lodha to offer land plots in 10 minutes.
How GST 2.0 will simplify taxes and drive consumption
The Indian government is planning a major revamp of the Goods and Services Tax (GST) system.
Sensex jumps over 1,000 points: What's behind today's surge?
The Indian stock market opened on a high note today, with the BSE Sensex rising by over 1,000 points, reaching an intraday high of around 81,695.
GST 2.0 may hit alcohol, gaming, cigarettes with 40% tax
The Indian government's proposal to impose a 40% "sin tax" under its new Goods and Services Tax (GST) 2.0 framework is likely to bring attention to specific stocks in the market.
GST cut may soon make cars, bikes a lot cheaper
The Indian government is considering a major reduction in the Goods and Services Tax (GST) on passenger vehicles (PVs) and two-wheelers.
Japan's Nikkei hits record high as auto stocks rise
Japan's Nikkei share average has hit a new record high on Monday, extending gains from last week.
Qantas fined $59M for illegally sacking 1,800 workers during COVID
Australian airline giant Qantas has been slapped with a massive A$90 million (approximately $59 million) fine by the Federal Court of Australia.