Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
How US tariff changes will impact India? Nirmala Sitharaman explains
Finance Minister Nirmala Sitharaman has said it is "too soon" to comment on the impact of recent tariff changes in the United States on India's economy.
Corporate India might see salary hike of 9.1% in 2026
India Inc. expects an average salary hike of 9.1% in 2026, slightly down from the 9.3% increase projected for this year, according to the EY Future of Pay report.
EPFO might soon invest in rare earths, railways, defense
The Employees' Provident Fund Organisation (EPFO) is planning to diversify its investment portfolio by exploring new sectors such as rare earths, railways, and defense.
Not Mumbai, but Gurugram is now India's luxury housing destination
India's luxury housing market has a new champion: Gurugram.
Indian IT stocks decline as Jefferies warns AI risks persist
Indian IT stocks slid as much as 2.5% on Monday following a sector-wide downgrade by global investment firm Jefferies.
Amazon's new Bengaluru office is its 2nd-largest in Asia
Amazon has inaugurated its second-largest office in Asia, in Bengaluru.
Kerala to upgrade Vizhinjam port for ₹2,000cr, inks MoUs
The Kerala government has signed memoranda of understanding (MoUs) with three central public sector firms to develop a ₹2,000 crore logistics master plan at the Vizhinjam International Seaport.
Watching developments in IDFC Bank fraud case, says RBI governor
The Reserve Bank of India (RBI) is closely monitoring the recent ₹590 crore fraud case involving IDFC First Bank.
What is P2P power trading and how it helps you?
Peer-to-peer (P2P) power trading is a revolutionary concept that allows consumers, including households, businesses, and farmers with renewable energy sources, to sell their surplus electricity directly to other consumers.
Bombay HC lifts stay on proceedings against Anil Ambani, RCom
The Bombay High Court has lifted a stay on proceedings against industrialist Anil Ambani and Reliance Communications Ltd, to classify their bank accounts as fraud.
Can Bhavish Aggarwal's Krutrim survive without Ola group's funds?
Bhavish Aggarwal's artificial intelligence start-up, Krutrim, is largely supported by business from Ola group companies.
AU Small Finance Bank denies defrauding the Haryana government
AU Small Finance Bank has denied any wrongdoing in the alleged fraudulent opening of accounts.
SBI shares post best performance since 2024: What's the reason?
State Bank of India (SBI), India's largest lender, is witnessing a great performance.
Why Tata Communications and RailTel have joined hands in India
Tata Communications and RailTel Corporation of India have announced a strategic partnership to develop next-generation digital infrastructure for India and beyond.
Before taking a loan, read all about interest rates
Navigating through the world of loans can be tricky, especially when it comes to understanding interest rates.
CleanMax's ₹3,100cr IPO now open: Should you subscribe?
CleanMax Enviro Energy Solutions has launched its ₹3,100 crore initial public offering (IPO) today.
Gold, silver ETFs surge 17% on US-Iran tensions, tariff uncertainties
Gold and silver Exchange Traded Funds (ETFs) witnessed a major spike on Monday. The rise was mainly due to the escalating tensions between the United States and Iran.
IDFC First Bank shares crash 20% on ₹590cr fraud case
Shares of IDFC First Bank, a private lender based in Mumbai, witnessed their biggest single-day fall since March 2020.
Sensex gains over 600 points: What's behind today's rally?
The Indian stock market opened on a strong note today, with the Sensex gaining over 600 points to reach 83,445. The Nifty also followed suit, rising over 190 points to 25,762.
Trump says Netflix must fire Susan Rice or face 'consequences'
US President Donald Trump has threatened Netflix with "consequences" if the streaming giant does not fire board member Susan Rice.
Bitcoin falls below $65,000 as Trump's tariffs rattle global markets
Bitcoin, the world's largest cryptocurrency, has hit an eight-month low after falling below the $65,000 mark today.
Nine IPOs to open for subscription in India next week
The primary market is gearing up for a busy week, with nine new initial public offerings (IPOs) set to open for subscription.
IDFC First Bank reports ₹590cr fraud involving Haryana government accounts
IDFC First Bank has reported a major fraud worth ₹590 crore, involving its employees and other parties.
RBI builds data center safe from cross-border threats, seismic risk
The Reserve Bank of India (RBI) has established a highly-secured data center in Odisha, away from potential cross-border threats and high seismic-risk zones.
JPMorgan admits it shut Trump's accounts after January 6 attack
JPMorgan Chase has admitted to shutting down the bank accounts of US President Donald Trump and his businesses after the January 6, 2021 attacks on the US Capitol.
SC to hear Meta's appeal against privacy policy fine tomorrow
The Supreme Court is set to hear appeals from technology giants Meta and WhatsApp against a Competition Commission of India (CCI) order tomorrow.
Why India, US have rescheduled meeting on interim trade deal
India and the United States have decided to postpone their upcoming meeting of chief negotiators in Washington, DC.
India's Q3 GDP growth to touch 7.2%, says ICRA
ICRA, a leading rating agency, has projected India's year-on-year (YoY) GDP growth to moderate at 7.2% in the third quarter (Q3) of FY2025-26.
This Indian mine will become world's largest coal producer
Coal India's Gevra mine in Chhattisgarh is on course to become the world's largest coal producer by next year.
Market cap of India's top 6 firms up by ₹63,478cr
The combined market capitalization of six of the top 10 most valued companies in India rose by ₹63,478.46 crore last week.
Beer industry to invest ₹5,500cr in UP by 2029
The Brewers' Association of India (BAI) has announced that the beer industry will invest around ₹5,500 crore in Uttar Pradesh over the next three years.
Trump raises global tariffs to 15%: How it affects India?
US President Donald Trump has announced an increase in the global tariff rate from 10% to 15%.
Why IndiGo has replaced the head of its OCC
IndiGo, India's largest airline, has replaced Jason Herter as the head of its Operations Control Centre (OCC) with Captain Rohit Rikhiye.
India, Brazil sign MoU on critical minerals, rare earths
India and Brazil have signed a memorandum of understanding (MoU) on critical minerals and rare earths.
What goods are exempted from Trump's new 10% tariff?
US President Donald Trump has announced a temporary 10% global import duty, effective for 150 days.
PhonePe now lets you pay others using voice commands
PhonePe, a leading digital payments platform, has launched an innovative AI-powered natural language search feature.
Will Indian exporters to US get refunds on tariffs?
The US Chamber of Commerce has welcomed the Supreme Court's move to strike down President Donald Trump's sweeping tariffs.
Why Lucid Motors is firing 12% of its workforce
Luxury electric vehicle (EV) maker, Lucid Motors, has announced plans to lay off about 12% of its global workforce.
Meet Asha Sharma, Microsoft's new Indian-origin gaming chief
Microsoft has appointed Asha Sharma as the latest CEO of its gaming division, a major leadership shift in Xbox's history.
US SC's tariff ruling: How stocks, gold, silver are affected
The US Supreme Court has struck down the reciprocal tariffs imposed by the Donald Trump administration on its trading partners.