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Business News

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India ranks first in global 'AI Advantage' index

India has been ranked first in the global "AI Advantage" index with a score of 53 points, significantly higher than the world average of 34 points.

22 Dec 2025
Finance

Why lower loan interest rates are not making homes cheaper

Lower home loan interest rates have made equated monthly installments (EMIs) more manageable and improved borrowing capacity for potential homebuyers.

22 Dec 2025
China

Why China has slapped 43% tariff on EU dairy products

China has announced its decision to impose provisional tariffs of up to 42.7% on dairy products imported from the European Union (EU).

22 Dec 2025
New Delhi

You can now apply for Chinese visa online: Here's how

The Chinese Embassy in India has launched an online visa application system.

22 Dec 2025
Employment

IT hiring in India surges by 16% in 2025

India's IT sector is witnessing a major revival, with job demand hitting 1.8 million roles in 2025.

22 Dec 2025
Stock Market

Groww shares jump 20% in 3-days! What's driving the surge?

Shares of Billionbrains Garage Ventures, the parent company of popular investment platform Groww, have witnessed a massive surge.

22 Dec 2025
Indian Government

India's tax searches expand to emails, social media from 2026

The Indian government is gearing up to give its income tax department a major digital upgrade.

KSH International IPO listing tomorrow: What current GMP suggests

KSH International Ltd, a leading manufacturer of magnet winding wires, is all set to make its debut on the stock exchanges on December 23.

22 Dec 2025
State Bank of India (SBI)

SBI Mutual Fund IPO in 2026, chairman CS Setty confirms

CS Setty, Chairman of State Bank of India (SBI), has confirmed plans to list SBI Mutual Fund within the next 12 months.

22 Dec 2025
Coal India

This Coal India subsidiary is planning ₹1,300cr IPO in India

Bharat Coking Coal (BCCL), a wholly-owned subsidiary of Coal India, is set to launch its initial public offering (IPO) within the next two weeks.

22 Dec 2025
Kishore Biyani

Kishore Biyani, Nikhil Kamath launch 'The Foundery': What is it?

Entrepreneurs Nikhil Kamath and Kishore Biyani have launched The Foundery, a unique residential program to help early-stage start-ups in India.

EPFO announces new EPS rules: What changes for you?

The Employees' Provident Fund Organisation (EPFO) has issued new rules to fix cases of incorrect or missing Employees' Pension Scheme (EPS) contributions.

22 Dec 2025
Air India

Air India is ending some non-stop San Francisco flights

Air India has announced the end of its non-stop flights to San Francisco from Bengaluru and Mumbai, starting March 1.

22 Dec 2025
India

India's real estate sees record $10.4B investment surge

India's real estate sector has witnessed a historic surge, attracting a whopping $10.4 billion in institutional investments in 2025.

22 Dec 2025
Bengaluru

₹68,000 tip, ₹1L worth of condoms: Instamart's wildest 2025 orders

Swiggy's quick commerce platform, Instamart, has released its annual order analysis for 2025.

22 Dec 2025
App Store

Italy fines Apple $116M for App Store privacy violations

Italy's competition authority, the AGCM, has slapped a €98.6 million (roughly $116 million) fine on Apple and two of its divisions.

22 Dec 2025
Amazon

OpenAI's paid products now more profitable

OpenAI has improved the compute margins of its paid products this year, according to a report by The Information.

22 Dec 2025
Narendra Modi

India, New Zealand finalize free trade agreement: Key points

India and New Zealand have finalized a free trade agreement (FTA) to strengthen their economic ties and improve market access for exporters.

22 Dec 2025
ICICI Bank

ICICI Bank revises credit card charges, benefits from January 2026

ICICI Bank has announced a series of changes to its credit card features and charges, effective next year.

22 Dec 2025
Maharashtra

ArcelorMittal investing $900M in 3 renewable energy projects in India

Steel giant ArcelorMittal has announced an investment of $900 million into three new renewable energy projects in India.

22 Dec 2025
India

Indian pharma industry might touch $500B by 2047

India's pharmaceutical industry is gearing up for a major transformation in 2026, with an ambitious plan to become a $500 billion sector by 2047.

22 Dec 2025
Finance

Why you may not get interest on delayed IT refunds

The wait for an income tax refund in India can be quite frustrating. The situation gets even more complicated when taxpayers expect interest on the delayed amount.

22 Dec 2025
Elon Musk

Musk is now richer than Ambani and Adani combined!

Elon Musk, the CEO of Tesla and SpaceX, has left India's richest men Mukesh Ambani and Gautam Adani far behind in terms of wealth.

22 Dec 2025
Reserve Bank Of India (RBI)

Mswipe gets RBI's nod to facilitate digital payments

Mswipe Technologies, a Mumbai-based fintech firm, has received the final Payment Aggregator (PA) license from the Reserve Bank of India (RBI).

22 Dec 2025
Saudi Arabia

Universal Studios to build multi-billion dollar theme park in Saudi

Universal Studios, the American entertainment giant, is mulling over the idea of building a multi-billion dollar theme park in Saudi Arabia.

22 Dec 2025
Reliance Retail

Dark stores spread to smaller towns as quick commerce scales-up

The number of dark stores, or warehouses used for quick commerce, is witnessing a major shift from metro cities to tier-2 and smaller towns in India.

22 Dec 2025
Meesho

Meesho shares crash 10% today: What's behind the slump?

Meesho, a popular e-commerce platform, has witnessed a 10% decline in its share price today.

22 Dec 2025
Stock Market

Indian IT stocks up for 4 straight days: Here's why

Shares of Indian IT firms surged today, pushing the Nifty IT index into the green for the fourth consecutive session.

22 Dec 2025
BharatPe

Why BharatPe and Yes Bank have joined hands in India

Leading Indian fintech company BharatPe has launched a new service called 'Pay Later with BharatPe,' in partnership with Yes Bank.

UPI boom makes NPCI's other retail payment systems lose momentum

The National Payments Corporation of India (NPCI) has witnessed a major shift in the digital payments landscape.

22 Dec 2025
China

China leaves key lending rates unchanged despite weak economic activity

China's central bank, the People's Bank of China (PBOC), has decided to keep its loan prime rates unchanged for the seventh consecutive time.

22 Dec 2025
Finance

Silver prices might touch ₹2.25L/kg by year-end: What's the reason?

Silver has been on a record-breaking spree, hitting an all-time high of ₹2,14,583 per kilogram on the Multi Commodity Exchange (MCX).

22 Dec 2025
Finance

Gold prices might surge to $10,000 by end of 2029

Veteran market strategist and President of Yardeni Research, Ed Yardeni, has predicted a massive surge in gold prices by the end of this decade.

22 Dec 2025
Apple

Foxconn India hired 30,000 employees in under a year

Foxconn, the Taiwanese multinational and Apple's biggest iPhone manufacturer, has hired nearly 30,000 employees for its new iPhone assembly unit in Devanahalli near Bengaluru in just eight or nine months.

22 Dec 2025
Nifty

Sensex surges 500 points: What's driving today's stock market rally?

India's benchmark stock indices opened on a positive note today, with the Sensex rising by over 500 points.

IPO calendar: 5 listings and 11 issues this week

The primary market is set for a busy week with 11 new initial public offerings (IPOs) opening for subscription. The companies are looking to raise over ₹755 crore through their public issues.

EPW India's IPO opens today: Check price band, subscription details

EPW India's initial public offering (IPO) will open for subscription on Monday.

22 Dec 2025
Stock Market

110 Indian firms cross ₹1 trillion market cap in 2025

Despite the volatility in Indian equity markets in 2025, the number of companies with a market capitalization (mcap) over ₹1 lakh crore has grown.

Gujarat Kidney launches ₹250cr IPO: Should you subscribe?

Gujarat Kidney and Super Speciality's ₹251 crore initial public offering (IPO) opened for subscription today.

22 Dec 2025
Vodafone Idea

Tata Capital backs Vodafone Idea with ₹500cr bond investment

Leading non-banking financial companies (NBFCs) such as Tata Capital, JM Financial Credit Solutions, Aditya Birla Capital, and Hero Fincorp have together invested around ₹1,300 crore in Vodafone Idea's recent bond issue.