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Business News

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31 Aug 2025
Reserve Bank Of India (RBI)

RBI sees private capex rising to ₹2.67L crore in FY26

The Reserve Bank of India (RBI) has projected a massive 21.5% increase in private sector capital expenditure (capex) for the fiscal year 2025-26.

31 Aug 2025
Flipkart

GST 2.0 impact: E-commerce sales dip as shoppers adopt wait-watch

As the industry gears up for the implementation of GST 2.0, a major shift in consumer behavior is being observed in the e-commerce sector.

31 Aug 2025
Audi

Luxury car makers seek GST clarity ahead of festive season

Luxury car manufacturers are urging the government to provide clarity on Goods and Services Tax (GST) rates, ahead of the festive season.

31 Aug 2025
India

How Indian industries can benefit from better ties with China

India is looking to capitalize on its improving relationship with China to boost trade in several sectors, including fertilizers, rare earth minerals, electronics manufacturing, and foreign direct investment (FDI).

31 Aug 2025
China

Fertilizers might become costlier in India this October

India's specialty fertilizer industry is bracing for fresh supply woes as China plans to reimpose export curbs from October.

31 Aug 2025
Bombay Stock Exchange (BSE)

Why BSE and NSE have penalized Dish TV again

Leading stock exchanges BSE and NSE have imposed a fine of approximately ₹11.38 lakh on Dish TV for not having the required number of directors on its board.

31 Aug 2025
GST

Equity markets eye GST Council meeting, macro-data for trend cues

Equity markets are expected to closely follow the upcoming Goods and Services Tax (GST) Council meeting and macroeconomic data releases next week.

31 Aug 2025
India

Over 7,000 corruption cases are pending trial in courts

A recent report by the Central Vigilance Commission (CVC) has revealed a massive backlog of corruption cases in India.

ED attaches assets worth ₹394cr in 'Bikebot' Ponzi scam

The Enforcement Directorate (ED) has attached assets worth over ₹394 crore in connection with the alleged 'Bikebot' Ponzi scam that was reported from Uttar Pradesh.

31 Aug 2025
Africa

CMR Green Technologies files IPO papers with SEBI

CMR Green Technologies, a leading non-ferrous metal recycler, has filed preliminary documents with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).

31 Aug 2025
HDFC Bank

Market cap of India's top 8 firms down ₹2.24L crore

The combined market capitalization of eight out of the top 10 most valued companies in India has witnessed a massive erosion of ₹2,24,630.45 crore last week.

These IPOs will open for subscription in India this week

The Indian stock market is gearing up for another busy week of initial public offerings (IPOs).

31 Aug 2025
Foreign Investment

FPIs pull out almost ₹35,000cr from Indian equities this month

Foreign Portfolio Investors (FPIs) have pulled out a massive ₹34,993 crore from the Indian equity market in August.

31 Aug 2025
Insurance

Does your car insurance cover flood damages? Check eligibility here

Heavy rainfall in India has led to flash floods and waterlogging in several cities. The worst-hit states are Maharashtra, Himachal Pradesh, Punjab, and Jammu & Kashmir.

31 Aug 2025
Tata

Tata Capital to launch $2B IPO in September last week

Tata Capital, the financial services arm of the Tata Group, is gearing up for a $2 billion (approximately ₹17,200 crore) initial public offering (IPO) in the week starting September 22, 2025, according to PTI.

31 Aug 2025
China

Why China's factory activity has contracted for 5 consecutive months

China's factory activity has witnessed a contraction for the fifth consecutive month, an official survey revealed today.

31 Aug 2025
Intel

US relaxes CHIPS Act requirements for Intel

The US government has relaxed the CHIPS Act requirements for Intel, following its acquisition of a 10% stake in the company.

30 Aug 2025
State Bank of India (SBI)

Why SBI signed €100M line of credit with France's AFD

State Bank of India (SBI), the country's largest lender, has signed a €100 million line of credit agreement with Agence Francaise de Developpement (AFD).

30 Aug 2025
India

India on course to meet 4.4% fiscal deficit target

India is on course to meet its fiscal deficit target of 4.4% for FY26, Economic Affairs Secretary Anuradha Thakur has said.

This supply chain company wants to raise ₹2,400cr via IPO

Leap India, a supply chain solution and pallet rental company backed by global investment firm KKR, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI).

30 Aug 2025
Uber

Uber drivers can now form a union in California

California Governor Gavin Newsom and state lawmakers have reached a landmark agreement with rideshare giants Uber and Lyft.

30 Aug 2025
India

Indian economy projected to grow 6.5% in FY26

India's economy is projected to grow by 6.5% in the fiscal year 2025-26, driven by steady domestic momentum, according to a report by Bank of Baroda.

BCCI seeks ₹452cr from front-of-jersey sponsorship rights after Dream11's exit

The Board of Control for Cricket in India (BCCI) is looking to raise around ₹452 crore through new front-of-jersey sponsorship rights.

43 IPOs raise ₹17,252cr in August amid global trade tensions

India's initial public offering (IPO) market saw a major surge in August 2025, with 43 companies raising ₹17,252 crore through mainboard and Small and Medium Enterprises (SME) exchanges.

SEBI pushes digital accessibility compliance deadline to September 30

The Securities and Exchange Board of India (SEBI) has extended the deadline for regulated entities to submit their compliance reports under a mandatory digital accessibility framework.

Indian Oil Corporation to invest ₹1.66L crore in energy expansion

India's largest oil company, Indian Oil Corporation (IOC), has announced a massive investment of ₹1.66 lakh crore over the next five years.

30 Aug 2025
Foreign Investment

FPIs dump ₹14,323cr in 4 days, equity markets hit hardest

Foreign portfolio investors (FPIs) have continued their selling spree in Indian markets, pulling out a whopping ₹14,323.37 crore over four trading sessions from August 25-29.

30 Aug 2025
Donald Trump

Trump cancels $4.9B in foreign aid, reigniting clash with Congress

President Donald Trump has announced his decision to cancel $4.9 billion in foreign aid spending approved by the US Congress.

30 Aug 2025
Myntra

Myntra creates 11,000+ seasonal jobs ahead of flagship sale event

Myntra, a leading fashion and lifestyle e-commerce platform, has announced the creation of over 11,000 new job opportunities through its partners.

30 Aug 2025
Indian Government

Modi government to launch first bidding round under deepwater mission

The Indian government is all set to kick off its first-ever bidding round for oil and gas blocks under the National Deepwater Exploration Mission.

30 Aug 2025
xAI

Musk's xAI sues ex-employee for taking trade secrets to OpenAI

Elon Musk's artificial intelligence (AI) start-up, xAI, has filed a lawsuit against its former engineer Xuechen Li.

30 Aug 2025
TikTok

TikTok is now hiring for these roles in India

Despite being banned in India, TikTok has started hiring for its operations in the country.

This US university has filed for an IPO

The University of Phoenix's parent company has filed for an initial public offering (IPO) with the US Securities and Exchange Commission (SEC).

30 Aug 2025
Ashwini Vaishnaw

Ashwini Vaishnaw inaugurates ₹870cr tempered glass factory in Noida

Union Electronics and IT Minister Ashwini Vaishnaw has inaugurated a new tempered glass screen protector factory in Noida.

30 Aug 2025
Devendra Fadnavis

Maharashtra inks ₹34,000cr investment deals, to generate 33,000+ jobs

The Maharashtra government has signed 17 major investment deals worth ₹34,000 crore. The agreements were signed in Mumbai in the presence of Chief Minister Devendra Fadnavis.

30 Aug 2025
Mark Zuckerberg

Meta's $14.3B deal with Scale AI showing signs of strain

Meta's $14.3 billion investment in data vendor Scale AI and the subsequent appointment of CEO Alexandr Wang to lead Meta Superintelligence Labs (MSL) is already showing cracks.

30 Aug 2025
Google

Why Google is facing an antitrust fine in the EU

Google is set to be hit with a modest antitrust fine by the European Union (EU) in the coming weeks.

30 Aug 2025
Tesla

Tesla seeks to overturn $243M verdict in Autopilot crash case

Tesla has filed an appeal against a jury's decision that found the company partially liable for a fatal crash involving its Enhanced Autopilot system.

30 Aug 2025
Brazil

Volkswagen hit with record $30M fine for exploiting Amazon workers

Brazil's labor court has slapped Volkswagen with a historic fine of 165 million reais ($30 million) for exploiting workers at a company-owned farm in the Amazon during the 1970s and 1980s.

29 Aug 2025
Bangladesh

Bangladesh shuts 3 land ports after India halts exports

Bangladesh has announced the closure of three land ports along its border with India, while operations at Balla Land Port are suspended.