Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
Indian rupee slips to all-time low of 88.46 against Dollar
The Indian rupee has hit an all-time low, trading at 88.46 against the US dollar today.
Why Flipkart has invested $30M in its fintech arm Supermoney
Walmart-backed Flipkart has pumped in $30 million into its fintech subsidiary, Supermoney.
Porsche shares plummet over 7% as EV rollout faces delays
Porsche's shares plummeted over 7% on Monday, following a warning about delays in its electric vehicle (EV) rollout.
Porter delivers first profit as revenue surges 57% in FY25
Bengaluru-based on-demand logistics start-up Porter has reported a massive 57% jump in its operating revenue for the fiscal year 2025.
India's private sector growth slows in September amid softer demand
India's private sector growth has slowed down in September, a recent survey has revealed.
Why US government wants to break up Google's ad tech
Google is gearing up for a major legal battle as the US government pushes for the break up of its advertising technology business.
NVIDIA invests $100B in OpenAI to build 10GW data centers
NVIDIA, the leading chipmaker, has announced a strategic partnership with artificial intelligence (AI) start-up OpenAI.
Oracle names insiders Clay Magouyrk, Mike Sicilianew as its co-CEOs
Oracle has announced the appointment of Clay Magouyrk and Mike Sicilia as its new co-CEOs.
Meet Srini Gopalan, IIM Ahmedabad alumnus turned T-Mobile's new CEO
T-Mobile has announced the appointment of its current Chief Operating Officer (COO), Srini Gopalan, as the new Chief Executive Officer (CEO).
'Muhurat Trading' for Diwali on October 21: Check timings
The National Stock Exchange (NSE) has announced a special 'Muhurat Trading' session on the occasion of Diwali.
Why India's banking system is facing a liquidity crunch?
India's banking system is facing a temporary liquidity shortage, which is expected to improve in the coming days.
India's smartphone exports to US are falling for reasons unknown
India's smartphone exports to the United States, its largest market, have witnessed a staggering 58% decline between May and August 2025.
Bezos-backed coalition plans to invest $7.5B in renewable energy projects
The Global Energy Alliance for People and Planet (GEAPP), a coalition dedicated to promoting renewable energy in developing nations, is planning to invest roughly $7.5 billion over the next five years.
Mercedes India aims double-digit growth during festive season sales
Mercedes-Benz India is expecting a record-breaking festive season, with double-digit growth. The optimism comes from strong demand and attractive price cuts, as well as a buoyant luxury car market.
UPI payment rules update: Key changes effective November 3
The National Payments Corporation of India (NPCI) has announced a major change in the Unified Payments Interface (UPI) settlement cycles.
India's core sectors grow by 6.3%, highest in a year
India's eight key infrastructure sectors witnessed a growth of 6.3% in August 2025, the highest in over a year, according to data released by the Ministry of Commerce and Industry.
This UK-based fintech firm has become unicorn thanks to India
UK-based fintech firm Tide has become a unicorn after raising $120 million in its latest funding round.
Nandini's dairy products are now cheaper: Check new prices
The Karnataka Milk Federation (KMF) has announced a price reduction for 'Nandini' milk products, effective from today.
Gold prices have crossed the ₹1.11L mark in India
Gold prices have crossed the ₹1.11 lakh per 10g mark in India today.
How GST 2.0 reforms can boost tourism in India
The Indian government's recent Goods and Services Tax (GST) reforms are expected to give a major boost to the hospitality, transport, and cultural sectors.
Bajaj Auto announes extra benefits alongisde GST reduction on motorcycles
Bajaj Auto's shares surged by 2% on Friday after the company announced additional customer benefits on motorcycles under 350cc.
16 states recorded revenue surplus, Uttar Pradesh tops with ₹37,000cr
The Comptroller and Auditor General (CAG) of India has released a report on state finances for the fiscal year 2022-23.
India accelerates trade negotiations with US during Goyal's visit today
India's Commerce and Industry Minister, Piyush Goyal will meet with Trump adminitration officials in Washington DC today. The visit comes amid the ongoing tariff tensions between India and the United States.
Indian IT stocks crash after H-1B fee hike: Worth buying?
Indian IT stocks witnessed a major downturn today after US President Donald Trump signed an executive order to raise the H-1B visa application fee to $100,000 per person for new applications.
VMS TMT IPO share allotment today: How to check status
The share allotment of VMS TMT's initial public offering (IPO) is expected to be finalized today. The public offering, worth around ₹148.5 crore, drew strong interest from investors.
Adani Group stocks rally ₹1.7L crore after SEBI's clean chit
The combined market capitalization of all 10 Adani Group stocks has surged by ₹1.7 lakh crore in just two trading sessions, crossing the ₹15 lakh crore mark on Monday.
PhonePe reports 40% revenue growth, trims net loss by 13%
Walmart-backed PhonePe has reported a significant improvement in its financial performance for the fiscal year (FY) 2025.
Urban Company shares nearly double from IPO in 4 days
Urban Company Ltd.'s shares have witnessed a remarkable surge since their debut on the stock exchange.
'Marginal impact on Indian IT firms': NASSCOM on H-1B fee
The National Association of Software and Service Companies (NASSCOM) has said that the recent decision by the US government to impose a one-time fee of $100,000 on H-1B visas will have a marginal impact on Indian IT firms.
UAE aims to have 2M start-ups by 2031
The United Arab Emirates (UAE) is on a mission to become a global start-up hub.
New GST rates now effective: Have fuel, liquor become cheaper?
India's indirect tax system is undergoing a major overhaul from today, September 22.
Domestic investors pour ₹5.3L crore into equities, surpassing 2024 record
Domestic institutional investors (DIIs) have made a new record in Indian equities this year, surpassing last year's peak.
Jio Payments Bank now turns your idle money into returns
Jio Payments Bank has launched a new feature called 'Savings Pro,' an innovative service that automatically invests customers' excess funds into overnight mutual funds.
Akasa Air announces festive sale on international flights: Check offers
Akasa Air, a popular Indian airline, has launched its Festive Sale. The offer is valid from today to October 2, 2025.
Why getting VC jobs is now harder for MBA graduates
The path from an MBA to a venture capital (VC) job is still very much alive.
What are charge-offs and how they impact your credit score
A charge-off is one of the most severe entries on a credit report, indicating that an individual has defaulted on loan repayments.
GST 2.0: IRCTC reduces bottled water prices starting today
The Indian Railway Catering and Tourism Corporation(IRCTC) has reduced the price of its packaged drinking water brand, Rail Neer.
Pfizer set to acquire anti-obesity drugmaker Metsera for $7.3B
Pfizer, one of the world's largest pharmaceutical companies, is on the verge of acquiring Metsera, a developer of anti-obesity drugs.
Adani Power shares soar 18% post stock split
Adani Power's shares have witnessed a massive spike of 18% on the National Stock Exchange (NSE) after the company's first-ever stock split.
From Navratri to Durga Puja, check state-wise bank holidays
Today, all public and private sector banks in Jaipur, Rajasthan will remain closed due to Navratra Sthapna. The day marks the beginning of the Hindu festival of Navratri.