Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
Netflix chairman Reed Hastings to step down from board
Reed Hastings, the co-founder and chairman of Netflix, will be leaving the company's board at the end of his term this summer.
Does PPF have a higher lock-in period than FD?
Public Provident Fund (PPF) and Fixed Deposits (FDs) are two of the most popular investment options in India.
If you're self-employed, this is for you
Managing self-employment loans can be a daunting task, especially when it comes to budgeting.
NBFC loans: What they are actually
Non-banking financial companies (NBFCs) have become an integral part of the Indian financial landscape, providing a wide range of loan products.
Wipro's Q4 profit falls but ₹15,000cr buyback signals confidence
Wipro, a leading player in the IT services sector, has announced its financial results for the March-ended quarter.
India slips to 6th-largest economy in 2025
India has slipped to the sixth-largest economy in the world in 2025, according to the latest International Monetary Fund (IMF) data.
Tech, media layoffs surge as companies chase AI-driven restructuring
The past two weeks have witnessed a fresh wave of layoffs in the tech and media industry.
India's unemployment rate rises to 5.1% in March
India's unemployment rate has increased to 5.1% in March, up from 4.9% in February, government data shows. The rise is mainly attributed to a surge in urban joblessness.
Tax treatment of employer-provided meals revised: What it means
In a major development, the Central Board of Direct Taxes (CBDT) has revised the tax treatment of meal card benefits under new income tax rules.
No relief for Anil Ambani as SC upholds 'fraud' tag
The Supreme Court of India has rejected a plea by Anil Ambani, challenging the classification of his loan accounts as "fraud" by a consortium of banks.
Tim Cook increases Nike stake with fresh $1M investment
Apple CEO Tim Cook, who also serves on Nike's board, has bought $1 million worth of the shoemaker's stock. The move is seen as a vote of confidence in the company.
Shoe brand pivots to AI, stock soars 600%
Allbirds, the sustainable footwear brand known for its popular Wool Runners, has announced a major shift in its business model.
Sam Altman challenges his sister's lawsuit claims
Sam Altman, the co-founder and CEO of OpenAI, has filed a counter-defamation lawsuit against his sister Annie.
Ticketmaster ruled illegal monopoly in major antitrust verdict
A Manhattan jury has declared Live Nation-Ticketmaster an illegal monopoly, Bloomberg reported.
Google set for $100B gain from SpaceX IPO
Google is poised to rake in a massive windfall of over $100 billion from its early investment in Elon Musk's SpaceX.
India's LPG crisis may take 4 years to ease: Report
India's Liquefied Petroleum Gas (LPG) supply chain disruption could take three to four years to normalize, according to a Moneycontrol report citing a senior government official.
Gold, silver prices jump on geopolitical tensions and currency fluctuations
Gold and silver prices witnessed a jump in Thursday's trade, owing to geopolitical uncertainties, currency fluctuations, and a general risk-on sentiment in global equities.
Flipkart eyes $2.5B pre-IPO funding round
Flipkart, the leading Indian e-commerce platform owned by Walmart, is looking to raise between $2 billion and $2.5 billion in a pre-IPO funding round, according to Moneycontrol.
TCS shuts Nashik office amid probe into harassment, conversion allegations
Tata Consultancy Services (TCS) has shut operations at its Nashik office, halted fresh hiring, and asked employees to work from home.
China's economy grows 5% in Q1, surpassing expectations
China's economy expanded by 5% year-on-year in the first quarter of 2026, beating expectations amid the ongoing US-Israel war with Iran.
Ford's EV and tech chief exits company
Doug Field, the executive who has been instrumental in shaping Ford's electric vehicle (EV) and technology strategies for the past five years, is leaving the company.
BBC to cut 2,000 jobs in major cost-saving effort
The British Broadcasting Corporation (BBC) has announced plans to cut up to 2,000 jobs as part of a major cost-saving effort.
Oil prices drop below $95 as US-Iran tensions ease
Oil prices fell on Thursday, amid hopes of a potential easing of US-Iran tensions and ongoing concerns over supply disruptions.
Foreign bonds: All about this investment option
Investing in foreign bonds can be an attractive option for Indian investors looking to diversify their portfolios and hedge against currency fluctuations.
PPF v/s FD: Which allows partial withdrawals?
Public Provident Fund (PPF) and Fixed Deposits (FD) are two popular investment options in India.
IT industry mulls reforms after TCS sexual harassment case
The recent incident at Tata Consultancy Services (TCS) has raised questions about the effectiveness of workplace harassment protocols in the IT industry.
Trump threatens to revise UK trade deal amid Iran tensions
US President Donald Trump has hinted that the trade deal between America and the UK could be modified.
India's unemployment rate surges to 5.1% in March
India's unemployment rate has hit a five-month high of 5.1% in March, up from 4.9% in February, according to the Periodic Labor Force Survey (PLFS).
Akshaya Tritiya 2026: Amazon, BharatPe, JioFinance launch digital gold offers
Ahead of Akshaya Tritiya, a major festival for gold purchases in India, various financial platforms and jewelry retailers have announced lucrative offers.
Sensex, Nifty rally 8.5% in April: Hold or book profit?
Indian stock markets have witnessed a major recovery in April, with the BSE Sensex and Nifty 50 both surging by 8.5% each.
Google hit with fresh monopoly lawsuit from app store rival
Aptoide, a Portugal-based Android app store, has filed an antitrust lawsuit against Google.
India's trade deficit in March shrinks to $20.98B
India's merchandise trade deficit narrowed to $20.98 billion in March, according to Reuters calculations based on government data.
Air New Zealand will let you sleep in bunk beds
Air New Zealand is set to revolutionize long-haul travel with its new Economy Skynest sleeping pods.
Air India seeks funds from shareholders after ₹22,000cr loss
Air India has reported a massive annual loss of over ₹22,000 crore ($2.4 billion).
Richest Australian Gina Rinehart ordered to share mining fortunes
Gina Rinehart, Australia's wealthiest person with an estimated net worth of A$38 billion ($27 billion), has been ordered by a court to share some of her riches.
You can soon buy insurance from Muthoot Finance
Muthoot Finance, a leading player in the financial services sector, is planning to expand its business operations by venturing into the insurance distribution space.
Snap might lay off 20% of its workforce
Snap Inc, the parent company of Snapchat, is gearing up for major layoffs, according to tech reporter Alex Heath.
Your Lufthansa flight tomorrow might get canceled
Lufthansa passengers may face disruptions this week as the airline's pilots have announced another two-day strike in Germany.
How Anthropic's new AI model will affect Indian IT stocks
The Indian IT sector is facing a downturn, with Nifty IT index falling by 17% in 2026.
Tech Mahindra denies allegations of religious discrimination at workplace
Tech Mahindra has strongly denied allegations of religious discrimination within its offices.