Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
Apple lawsuit moves forward as Jon Prosser misses deadline
The US District Court for the Northern District of California has accepted Apple's request to enter default against YouTuber Jon Prosser in a lawsuit filed in July.
Blinkit, Zepto drive festive sales surge for India's D2C brands
India's direct-to-consumer (D2C) brands are witnessing unprecedented growth during the festive season, thanks to a surge in online demand and quick commerce-led purchases.
Klarna's $8.3B lawsuit against Google begins
Klarna, a Swedish fintech giant, has taken tech titan Google to court over an alleged violation of EU antitrust laws.
Former Google CEO accused of stalking, abuse by ex-mistress
Michelle Ritter, the 31-year-old ex-mistress of former Google CEO Eric Schmidt, has accused him of stalking and abuse.
Trump threatens 155% tariffs on China
US President Donald Trump has warned that he may impose tariffs as high as 155% on Chinese goods from November 1, if a trade deal is not finalized.
Google v/s Epic: Play-Store changes now effective from October 29
The US District Court has granted a one-week extension to Google in the Epic Games v/s Google case.
Musk's SpaceX settles trespassing lawsuit with Cards Against Humanity
Cards Against Humanity, the popular party game company, has settled its trespassing lawsuit against SpaceX.
Oil prices hit 5-month low: Here we decode why
Oil prices have hit their lowest level since early May, with Brent crude futures settling down by $0.28 at $61.01 per barrel.
Why UK businesses are fast-tracking expansion plans in India
A recent report by Grant Thornton has revealed that a majority of British firms view the India-UK Free Trade Agreement (FTA) as a "game-changer."
Foreign investors to pump ₹50,000cr into India's banking, finance sectors
Union Minister of Commerce and Industry Piyush Goyal has announced that foreign investors have expressed their intention to invest over ₹50,000 crore in India's finance and banking sectors.
Why PNB is bracing for a $1B financial hit
Punjab National Bank (PNB) is bracing for a massive financial hit of $1.03 billion as it shifts to a new credit loss framework mandated by the Reserve Bank of India (RBI).
Global firms face $35B financial hit thanks to US tariffs
Global corporations have reported over $35 billion in costs due to US tariffs as they head into their third-quarter earnings.
Why China's curbing of rare earth magnet exports are worrying
China's rare earth magnet exports have witnessed a significant decline in September.
China pauses US soybean imports for 1st time since 2018
For the first time since November 2018, China has stopped importing soybeans from the US. The move comes as a result of continued trade tensions between the two economic superpowers.
Why Apple is facing an antitrust complaint in China
A group of 55 Chinese iPhone and iPad users has filed an antitrust complaint against Apple with China's State Administration for Market Regulation.
How RBI plans to strengthen the Indian rupee
India is taking steps to facilitate easier transactions in the Indian rupee with its free-trade partners.
Ola Electric employee suicide: FIR filed against CEO Bhavish Aggarwal
An Ola Electric employee, K Aravind, has died by suicide under suspicious circumstances. The incident took place in Bengaluru.
Zerodha launches BSE SENSEX Index Fund: Should you invest?
Zerodha Fund House has launched a new investment scheme, the Zerodha BSE SENSEX Index Fund.
Trump reveals conditions for lowering tariffs on Chinese products
US President Donald Trump has hinted at the possibility of lowering tariffs on Chinese goods.
Why foreign banks are betting billions on the Indian market
In a major development, Emirates NBD Bank PJSC has announced it will invest $3 billion in RBL Bank. The deal marks the largest foreign investment in India's banking sector.
Sensex, Nifty hit 52-week highs today: Here we decode why
The Indian stock market is on a winning streak, with the Sensex and Nifty 50 hitting 52-week highs today.
HDFC Bank shares hit 52-week-high: Should you buy or hold?
HDFC Bank's shares hit a 52-week high today, gaining over 1% in early trade.
How Reliance Retail plans to scale hyper-local deliveries in India
Reliance Retail has launched over 600 dark stores across India, a strategic move to bolster its hyper-local delivery services.
Festive sales to cross ₹5L crore mark this year
The Confederation of All India Traders (CAIT) has predicted that the festive season trade this year will exceed a record ₹5 lakh crore.
Why RBI might announce another rate cut by year-end
Goldman Sachs has predicted another policy rate cut before the end of this year.
Dutch chipmaker Nexperia denies Chinese unit's claims of independence
Nexperia, a Dutch chipmaker, has confirmed that its employees in China continue to have access to company platforms and receive their salaries as usual.
You can now file GSTR-3B form till October 25
The Central Board of Indirect Taxes and Customs (CBIC) has extended the deadline for filing the GSTR-3B tax payment form by five days, till October 25.
Insolvency plea against EV ride-hailing start-up BluSmart has been accepted
The National Company Law Tribunal (NCLT) has accepted an insolvency petition against BluSmart Mobility Tech, a company that offered all-electric ride-hailing services and was building EV charging infrastructure in India.
You can now book trains, flights, and hotels on Rapido
Rapido, a leading player in the ride-hailing industry, has expanded its services beyond bike taxis and auto rides.
Should you buy gold jewelry online this Diwali?
The festive season is in full swing, with people flocking to jewelry stores for gold purchases on auspicious occasions like Diwali.
India's retail inflation expected to ease further in October
India's retail inflation is likely to decline further in October 2025, a report by Union Bank of India has said.
India's automobile exports jump 26% in September quarter
India's automobile exports witnessed a massive 26% year-on-year (YoY) jump in the September quarter, according to data from the Society of Indian Automobile Manufacturers (SIAM).
Jensen Huang says US chip curbs erased NVIDIA's China market
NVIDIA founder and CEO Jensen Huang has criticized the US government's export restrictions on chips.
Swiggy and magicpin see festive surge as food orders skyrocket
As India celebrates the festive season, food delivery platforms Swiggy and magicpin have reported a massive increase in orders.
India's festive season spending to surpass ₹7 trillion this year
India's festive and wedding season spending is projected to surpass ₹7 trillion in 2025, according to the government data.
Uttarakhand government hikes DA for employees, pensioners ahead of Diwali
In a major move, the Uttarakhand government has announced a 3% hike in Dearness Allowance (DA) for its employees and pensioners.
BigBasket sees Dhanteras boom: Gold sales up 143%, silver 234%
BigBasket, the Tata Group-owned online grocery platform, has witnessed a massive spike in the sales of gold and silver coins this Dhanteras.
Tier-3 cities are driving India's online Diwali shopping
India's online Diwali shopping has been largely driven by non-metro cities this year.
India's exports to US down almost 12% in September
India's exports to the United States have witnessed a major decline, according to a recent report by CRISIL.
AI won't lead to job cuts at HDFC Bank
Sashidhar Jagdishan, the Chief Executive Officer and Managing Director of HDFC Bank, has said that the bank's use of artificial intelligence (AI) will not result in any job losses.