Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
How EU's carbon tax will affect Indian steel exports
The European Union (EU) will implement a carbon tax on select metals, with the payment phase starting tomorrow.
Foreign investors' equity holdings in India decline to 14-year low
Foreign investors' equity holdings in India have witnessed a decline for the first time in three years, according to data from the National Securities Depository Limited (NSDL).
Shankh Airlines starts operations in January: Check routes
India's aviation sector is set to welcome a new player with the launch of Shankh Airlines.
SoftBank completes $40B investment in OpenAI
SoftBank Group has completed its massive $40 billion investment in OpenAI.
Starbucks closes over 400 US stores in major restructuring plan
Starbucks, the popular coffee chain, has closed more than 400 stores in the US as part of its $1 billion restructuring plan.
OpenAI pays record‑high packages to retain top AI talent
OpenAI has set a new record in the tech industry by offering its employees an average stock-based compensation of $1.5 million each in 2025.
Swiggy, Zomato, Zepto increase delivery incentives amid gig workers' strike
Swiggy and Zomato have increased their delivery incentives during peak hours and year-end days.
China's factory activity expands, ending longest slump on record
China's factory activity has shown an unexpected recovery in December, ending an eight-month contraction streak—the longest on record.
India announces 12% steel tariff to rein in Chinese imports
India has imposed an import tariff of 11-12% on select steel products, in a bid to curb cheap imports from China.
Why your Zomato, Swiggy orders may not arrive today
A nationwide strike by gig workers is set to affect Zomato and Swiggy's food delivery services in India today.
India becomes world's 4th-largest economy, eyes Germany by 2030
India has surpassed Japan to become the world's fourth-largest economy, according to a government statement. The country's Gross Domestic Product (GDP) is now valued at $4.18 trillion.
Why diamond industry is seeking Modi government's aid
India's diamond industry is facing a major crisis due to rising tariffs in the United States.
Were funds meant for National Biopharma Mission misused?
The Comptroller and Auditor General of India (CAG) has flagged major gaps in the National Biopharma Mission (NBM).
Chipmakers in China have to use 50% local equipment
China has mandated that chipmakers use at least 50% locally made equipment for their new factories.
IndiGo slapped with ₹458cr GST demand; airline plans to contest
InterGlobe Aviation, the parent company of budget carrier IndiGo, has been served a tax order by the Additional Commissioner of CGST, Delhi South Commissionerate.
India faces worker skill crisis with 73% lacking advanced education
India's workforce is facing a major challenge, as revealed by the data presented at the recently concluded 5th National Conference of Chief Secretaries (NCS).
Defense shares fall for third day: What's behind the decline?
Shares of defense companies fell for the third consecutive day on Tuesday, with the Nifty Defense index declining by 1.5%.
From 3,903 to 730: Indian start-up closures see drastic decline
India's start-up ecosystem witnessed a major turnaround in 2025, with the number of shutdowns plummeting to around 730 from a staggering 3,903 in 2024, as per Tracxn.
SEBI cancels registration of 'research analyst' running a grocery store
In a shocking development, the Securities and Exchange Board of India (SEBI) has canceled the registration of a so-called research analyst.
Modi government mulling ₹25,000cr fund to revive stalled infra projects
The Indian government is mulling the establishment of a ₹25,000 crore risk guarantee fund for infrastructure projects.
Defense stocks rally 19% in 2025: Will the momentum continue?
Defense stocks have emerged as a major market player in India this year, with the Nifty India Defense pack surging 19%.
Nifty reshuffle: These stocks face big inflows and outflows
The Nifty indices are set for a major reshuffle today, December 30. The quarterly rebalance will affect several key indices, including the Nifty 50 and Nifty Bank.
Indian start-up funding drops 10% to $13B in 2025
Indian start-ups raised a total of $13 billion in 2025, marking a 10% decline from the $14.4 billion raised in 2024.
Air India signs new codeshare deal to boost Baltic travel
Air India has announced a new codeshare agreement with Latvia's national airline, airBaltic.
Warren Buffett retires: Top lessons revealed from his shareholder letters
Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, is set to retire at the end of 2025. He is 95.
Nifty 50 could hit 29,000 in 2026, predicts Emkay Global
The Indian stock market is poised for a strong performance in 2026, with the Nifty 50 index expected to hit the milestone of 29,000 over the next year.
WinZO's co-founder Soumya Rathore gets bail in money laundering case
Soumya Rathore, the co-founder of online gaming platform WinZO, has been granted bail by a Bengaluru court.
Eternal shares plunge to 5-month low: Here we decode why
Shares of Eternal have hit a 5-month low today.
Samsung gets US approval to ship chipmaking tools to China
Samsung Electronics has received a major annual license from the US government.
With 540% surge, this AI chipmaker is world's best-performing stock
Japanese memory chipmaker Kioxia Holdings Corp has seen its shares skyrocket by some 540% this year.
Gold slips on profit‑booking, silver extends rally on supply stress
Gold prices fell today during Asian trade, with spot gold down 0.4%.
Indian government to borrow ₹3.84L crore via treasury bills
The Indian government has announced plans to borrow ₹3.84 lakh crore through short-term treasury bills in the fourth quarter of the current fiscal year.
IndiGo hikes allowances to lift pilot morale after mass cancellations
IndiGo, India's largest airline, has announced an increase in pilot allowances. The move comes after a series of mass flight cancellations due to poor roster planning.
Silver surges 166% year-to-date: Key trends to watch in 2026
Silver has been on a remarkable run lately, outpacing even gold in terms of returns.
NVIDIA takes $5B stake in Intel
NVIDIA has acquired a stake in Intel worth $5 billion, the semiconductor giant confirmed through a filing on Monday. The transaction was first announced in September.
India, Russia considering monthly rupee-ruble exchange rate to boost trade
India and Russia are considering a semi-floating rupee-ruble exchange rate, possibly pegged on a monthly basis.
NVIDIA has bought Intel shares worth $5B
NVIDIA has acquired a $5 billion stake in Intel, as per a filing by the US semiconductor company.
Blackstone-owned company raises $200M in a pre-IPO round in India
Global private equity major Blackstone-owned Horizon Industrial Parks, a leading player in India's industrial and logistics infrastructure sector, has secured $200 million in a pre-IPO funding round.
Air India Express launches 'Pay Day Sale': Check offers, discounts
Air India Express has launched its 'PayDay Sale,' offering special fares on domestic and international routes.
How to check if your PAN was misused for loans
In India, the Permanent Account Number (PAN) card is a key identifier for financial transactions. It connects income, investments, bank accounts, and also loans to a single identity.