Business News
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India to become world's 2nd-largest economy by 2038: EY
India is poised to become the world's second-largest economy in terms of purchasing power parity (PPP) by 2038, a new report by EY has said.
Cipla recalls inhalation drug in US over quality concerns
Cipla, a leading Indian pharmaceutical company, has announced the recall of over 20,000 packs of its inhalation drug in the United States.
Mitsubishi just dealt a blow to Japan's plans to decarbonize
Mitsubishi has announced its withdrawal from three offshore wind projects in Japan, a major setback for the country's renewable energy sector.
India Inc to hit 5-6% revenue growth in Q2: ICRA
Rating agency ICRA has projected a muted revenue growth of 5-6% for India Inc. in the second quarter of FY2026.
Flipkart is facing GST probe over alleged billing malpractice
Flipkart, the Walmart-owned online marketplace, is facing a preliminary investigation over allegations of altering its billing structure to reduce its goods and services tax (GST) liability.
Demand boost from GST restructuring will address any revenue losses
The proposed restructuring of the Goods and Services Tax (GST) rates could initially impact state revenues.
Why France is suing an Australian live-streaming platform
French authorities are preparing to sue Kick, a live-streaming platform, following the death of influencer Jean Pormanove, aka Raphael Graven.
Indian exporters seek government's help as Trump tariffs take effect
The Federation of Indian Export Organisations (FIEO) has expressed deep concern over the US government's decision to impose an extra 25% tariff on Indian-origin goods.
Why US spared Indian pharmaceuticals from 50% tariff bracket
The United States has spared the Indian pharmaceutical industry from immediate tariff hikes, owing to the critical role of generic drugs in ensuring affordable healthcare.
Compensation cess to states might be terminated by October 31
The Goods and Services Tax (GST) Council is likely to discuss the early termination of the compensation cess during its meeting on September 3-4.
PNB opens first start-up branch to support entrepreneurs
Punjab National Bank (PNB), a state-owned financial institution, has opened its first start-up-centric branch in New Delhi.
SpiceJet introduces WhatsApp-based boarding passes for paperless travel
Budget airline SpiceJet has launched a new paperless boarding facility at Shillong airport. The move is aimed at reducing passenger waiting time and promoting sustainability.
Seven arrested as employees protest Microsoft's ties with Israeli military
At least seven current and former Microsoft employees were arrested during a sit-in demonstration at the tech giant's headquarters in Redmond, Washington.
Bitcoin hits 7-week low: Time to buy the dip?
Bitcoin (BTC) has seen a slight dip of over 0.2% in the last hour, trading at around $111,375.99.
TCS to pay ₹9.3cr monthly for new Bengaluru office space
Tata Consultancy Services (TCS) has signed a major lease for 1.4 million square feet of office space at 360 Business Park in Bengaluru's Electronic City.
Meta's new PAC to back candidates favoring lenient AI regulation
Meta, the tech giant owned by Mark Zuckerberg, is planning to launch a super PAC (Political Action Committee) to back candidates in California who favor a lenient approach toward artificial intelligence (AI) regulation.
Anthropic quietly settles lawsuit over AI trained on pirated books
Anthropic, an artificial intelligence (AI) company, has settled a class action lawsuit with a group of US authors.
Apple in talks to acquire AI start-ups Mistral, Perplexity: Report
Apple has been in talks about acquiring French artificial intelligence (AI) start-up Mistral and US-based Perplexity, The Information reported.
Trump's 50% tariffs hit today: What is India's defense plan
India is bracing for the impact of US President Donald Trump's 50% tariff on Indian goods, effective today.
Parents sue OpenAI, claim ChatGPT 'coached' teen to commit suicide
The parents of a 16-year-old boy, Adam Raine, have filed a lawsuit against OpenAI, the company behind the AI chatbot ChatGPT.
Love doomscrolling? This job might be perfect for you
Mumbai-based start-up Monk-E is on the lookout for "Doomscrollers," a unique job opening that has taken social media by storm.
Zomato employee accuses company of 'unethical behavior' toward staff
A Zomato employee, Shashank Shukla, has accused the food delivery giant of "unethical behavior against employees."
Flipkart SBI Card launched in India: What are the benefits?
SBI Card and Flipkart have launched a co-branded credit card, the Flipkart SBI Card.
Swiggy's own snacks and beverages are now available on Instamart
A private-label packaged food brand, Noice, has debuted on Instamart, and it is marketed by Scootsy Logistics, a subsidiary of Swiggy.
HDFC updates eligibility criteria for 'Imperia': What changes for you?
HDFC Bank has announced changes to the eligibility criteria for its Imperia program, a premium banking service.
How to boost credit score by 30 points in 1-month
A good credit score is a key factor in securing loans and credit cards. It reflects your trustworthiness to lenders.
SBI Card revises card protection plans: How they affect you?
SBI Card has announced a major revision to its Card Protection Plan (CPP) benefits and pricing for existing customers.
Does Warren Buffett's '90/10' investment rule work for Indian investors?
Warren Buffett, the billionaire investor and Chairman, CEO of Berkshire Hathaway, has long been a beacon of investment wisdom.
Gameskraft will not challenge Modi government's real-money gaming ban
Gameskraft, a leading player in the real-money gaming sector, has announced that it will not challenge India's new online gaming law.
How 50% US tariff on Indian products can be avoided
The Trump administration has announced 50% tariff on certain Indian products, effective from tomorrow.
NSE enters global top 10 exchanges ranking for first time
The National Stock Exchange of India (NSE) has made its debut in the global top 10 list of exchanges for the first time.
Suzuki announces Rs.70,000cr investment in India for EV growth
Suzuki Motor Corporation has announced a massive investment of ₹70,000 crore in India over the next five to six years.
India's digital ad market to hit $19B by 2029: Bain
India's digital advertising sector is set for a major boom in the next five years, according to a report by Bain & Company.
Vodafone Idea in advanced talks to raise ₹5,000cr debt
Vodafone Idea, India's third-largest telecom operator, is in advanced talks to raise around ₹5,000 crore through debt financing.
Dream11 CEO rules out layoffs despite 95% revenue loss
Harsh Jain, the co-founder of Dream Sportsv(parent company of Dream11), has assured that there will be no layoffs at his company after the government's ban on real-money gaming (RMG).
Centre allows one-time switch from UPS to NPS: Know benefits
The Indian government has launched a one-time switch facility from the Unified Pension Scheme (UPS) to the National Pension System (NPS).
Southwest Airlines announces new seating policy: How it affects you?
Southwest Airlines, a major US carrier, has announced a controversial new policy that will affect its plus-size passengers.
Zomato parent Eternal hit with GST demand worth ₹40cr
Eternal, the parent company of popular brands Zomato and Blinkit, has been hit with a hefty GST demand by Bengaluru tax authorities.
Musk's xAI drops 'public benefit corporation' status while fighting OpenAI
Elon Musk's artificial intelligence (AI) start-up, xAI, has quietly ditched its 'public benefit corporation' (PBC) status.
Tesla could have avoided $243M Autopilot verdict by paying $60M
Tesla, the electric vehicle company owned by billionaire Elon Musk, rejected a $60 million settlement offer in a lawsuit over a fatal 2019 crash involving an Autopilot-equipped Model S.