Business News
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Akasa Air implements fuel surcharge on flights amid US-Iran war
Akasa Air has announced a fuel surcharge of ₹199-1,300 on domestic and international flights starting March 15.
Adobe to pay $150M to settle 'unethical' subscription practices lawsuit
Adobe has agreed to pay a whopping $75 million to settle a US government lawsuit.
US-Iran war wipes ₹34L crore off Indian markets
The ongoing conflict in West Asia has triggered a massive sell-off in Indian stock markets, wiping out an estimated ₹34 lakh crore of investor wealth.
US job openings rise to 7M, but hiring slows
The US labor market has witnessed a surge in job openings, with nearly seven million positions available in January.
BSE, NSE conducted mock trading session today: What's the reason?
The Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) conducted a mock trading session today across equity, commodity, and currency derivatives segments.
JSW wants to acquire a stake in Vodafone Idea
Vodafone Idea (Vi) is in talks with a number of investors, including Singapore's ST Telemedia and India's JSW Group, for a possible equity partnership.
Vedanta has raised ₹2,575cr via bond sale
Vedanta Limited has raised ₹2,575 crore through a three-year bond sale. The bonds were sold at a coupon rate of around 8.95%.
Why US is releasing 86M barrels from emergency oil reserve
The Donald Trump administration has initiated a major drawdown of the US emergency oil reserve, seeking to exchange 86 million barrels of crude oil.
Who is Devendra Chaplot? Indian AI expert joining Musk's xAI
Devendra Singh Chaplot, an Indian AI researcher and robotics expert, has announced his decision to join Elon Musk's xAI and SpaceX.
How SEBI's life cycle funds could simplify your retirement planning
The Securities and Exchange Board of India (SEBI) recently launched a new category of mutual funds called Life Cycle Funds.
Government amends minimum public offer requirements for IPOs
The Indian government has amended the rules for minimum public offer (MPO) requirements for companies looking to list on stock exchanges.
Netflix to hire 300 people for new India studio
Netflix is expanding its footprint in India with the opening of a new Eyeline Studios in Hyderabad.
Why Apple has lowered App Store commission rates in China
Apple has announced a reduction in its App Store commission rates in China.
Elon Musk's ketamine use can't be questioned during OpenAI trial
US District Judge Yvonne Gonzalez Rogers has ruled that Elon Musk's use of the drug ketamine cannot be questioned during an upcoming jury trial.
Palmer Luckey's Anduril wins $20B contract from US Army
The US Army has awarded a massive contract worth up to $20 billion to Anduril Industries, a leading defense start-up co-founded by Palmer Luckey.
Meta prepping biggest layoffs in years as AI spending surges
Meta, the tech giant led by Mark Zuckerberg, is said to be planning massive layoffs.
Secured v/s unsecured loans: Key differences and facts
In India, personal loans are a popular option for meeting immediate financial needs.
Netflix cuts jobs in product and creative teams
Netflix has reportedly laid off several dozen employees from its global product team as part of an internal reorganization.
US-Iran war rattles markets, but Zepto, PhonePe press IPO plans
Leading Indian consumer-tech companies Zepto and PhonePe have started engaging with foreign institutional investors (FIIs) for their upcoming initial public offerings (IPOs).
US-Iran war could push India's inflation above 5%
India's retail inflation, which stood at 3.2% in February, could rise sharply if the ongoing US-Iran war continues and higher energy prices start affecting domestic consumers.
Dubai's real estate market continues to boom despite Gulf tensions
Dubai's real estate market continues to thrive despite the ongoing conflict in the region.
China's ByteDance just secured access to top NVIDIA AI chips
ByteDance, the Chinese parent company of TikTok, is reportedly planning to set up an artificial intelligence (AI) data center in Malaysia.
Tourists face jail in Dubai for filming Iranian missile strike
A British man has been indicted under cybercrime laws in the United Arab Emirates (UAE) for filming and sharing content of Iranian attacks on the country.
China mocks Trump's 'Shield of Americas' summit with AI video
The Chinese Embassy in the US has released an AI-generated video mocking President Donald Trump's "Shield of the Americas Summit."
Rupee hits all-time low of 92.45/USD as crude prices surge
The Indian rupee has hit a new low, trading at ₹92.45 against the US dollar on Friday.
India's electronics exports face $3B hit amid US-Iran war
India's booming mobile phone export sector, which generated $11 billion in revenue during the first half of the fiscal year, is likely to take a major hit.
Paytm to resume physical gold deliveries after 8-month hiatus
Paytm, a leading mobile payments company, has announced its plan to resume physical gold deliveries for digital gold investors from next month.
Who's Shantanu Narayen? Inside life, career of outgoing Adobe CEO
Shantanu Narayen, the outgoing CEO of Adobe, will step down from his position after nearly two decades. He will continue to serve as the chair of the board to support the incoming CEO.
Nifty Auto tumbles 10% in worst week since 2020
The Nifty Auto index has witnessed a major setback this week, plummeting by 10%—the worst performance since March 2020.
Air cargo costs jump 70% amid US-Iran war
The ongoing US-Israel war on Iran has sent air cargo costs skyrocketing by as much as 70% on some routes.
Anthropic commits $100M for enterprise AI push amid Pentagon dispute
Artificial intelligence (AI) lab Anthropic has launched the Claude Partner Network, a program aimed at helping enterprises adopt its Claude AI model.
Musk's AI start-up loses more co-founders: What's happening at xAI?
Elon Musk's AI venture, xAI, is witnessing a mass exodus of its top executives. The latest to leave the company is Zihang Dai, who departed earlier this week.
Key financial tasks to do before March 31 deadline
As the fiscal year 2025-26 comes to a close, taxpayers must finish some key financial tasks by March 31, 2026.
Sensex crashes over 900 points: What's behind today's decline?
Indian stock markets witnessed another crash today, with the Sensex and Nifty indices plummeting sharply.
Zomato bets on high-protein meals with new brand 'Ritual'
Zomato has launched a new cloud kitchen brand called 'Ritual,' focusing on high-protein and health-oriented meals.
Gold prices rise as geopolitical tensions boost safe-haven demand
Gold prices rose on Friday, buoyed by a weaker US dollar and falling Treasury yields.
Honda forecasts over $4B loss after scrapping EV plans
Honda has canceled the development and launch of three electric vehicles (EVs) in North America. The decision comes as part of a restructuring plan amid rising EV-related costs.
Adobe CEO steps down after 18 years
Adobe's long-serving CEO, Shantanu Narayen (62), has announced his resignation amid investor concerns over the company's future in the artificial intelligence (AI) space.
PPF or FD: Which has a lock-in period?
Public Provident Fund (PPF) and Fixed Deposits (FDs) are two popular investment options in India.
Tokenized assets: All about this popular investment option
Tokenized assets are becoming a popular investment opportunity in India, providing a digital alternative to traditional assets.