Business News
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ICICI Bank's new feature lets you skip UPI PIN
ICICI Bank has launched biometric authentication for Unified Payments Interface (UPI) transactions on its mobile banking app, iMobile.
Maruti Suzuki shares jump 5% as Q4 revenue crosses ₹52,000cr
Maruti Suzuki India's shares jumped over 5% on Wednesday, recovering from yesterday's loss. The rise comes after the automaker posted a mixed financial performance for the fourth quarter (Q4).
ITC, Godfrey Phillips shares up by 7%: What's the reason?
Shares of ITC and Godfrey Phillips surged today after reports suggested a possible 17% hike in cigarette prices from May.
Can UAE's exit from oil cartel OPEC benefit India?
The United Arab Emirates (UAE) has announced its decision to exit the Organization of the Petroleum Exporting Countries (OPEC), effective May 1.
Why Firozabad's glass industry is facing risk of closure
The ongoing conflict in the Middle East is affecting India's "glass city," Firozabad, in Uttar Pradesh.
What Elon Musk said while testifying in OpenAI trial
Elon Musk took the stand on Tuesday in the high-profile trial against Sam Altman and OpenAI.
RBI's new credit card regulations: What changes for you?
The Reserve Bank of India (RBI) has introduced a major amendment in credit card regulations.
Bandhan Bank shares hit 52-week high today: What's the reason?
Shares of Bandhan Bank surged by a whopping 12% today, hitting a 52-week high of ₹200.30.
India prepares legal challenge to US trade probe
The Indian government and industry representatives from textiles, auto parts, plastics, and solar sectors are set to challenge the US Trade Representative's (USTR) Section 301 investigations.
Adani monopoly concerns push Modi government to rethink airport auctions
The Indian government is mulling a cap on bids by a single entity for the privatization of 11 airports.
Musk's SpaceX pay tied to Mars colonization, space data centers
SpaceX has revealed a unique compensation plan for its founder, Elon Musk.
Why Saudi Aramco has halted LPG deliveries until May-end
Saudi Aramco, the state-owned oil giant, has announced a suspension of liquefied petroleum gas (LPG) shipments through May.
Airtel plans $2B IPO for Airtel Money in London
Airtel Africa Plc is said to be considering an initial public offering (IPO) for its mobile money business, Airtel Money.
Oil prices hit $112 as US considers extending Hormuz blockade
Oil prices have witnessed a sharp rise on Wednesday, extending a multi-day rally.
UAE quits oil cartel OPEC after 6 decades
The United Arab Emirates (UAE) has quit the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, ending a nearly six-decade-long membership.
Maker of Parle-G biscuits is planning an IPO in India
Parle Products, the Mumbai-based company behind the iconic Parle-G biscuits, is said to be considering an initial public offering (IPO).
Worrying: OpenAI has missed its user and revenue targets
OpenAI, the company behind ChatGPT, has missed its user and revenue targets in recent months.
Credit guarantee scheme worth ₹2.5L crore will support these sectors
The Indian government is working on a massive ₹2.5 lakh crore credit guarantee scheme to support sectors like aviation and micro, small, and medium enterprises (MSMEs).
Love traveling? This job at Anthropic might be for you
Anthropic, a leading artificial intelligence (AI) company, is offering a whopping salary of up to $400,000 for a new position.
AU Small Finance Bank will become a full-fledged bank soon
AU Small Finance Bank has filed its final application for a universal banking license with the Reserve Bank of India (RBI).
What are the most common loan types in India?
Navigating the world of loans can be tricky, especially in a diverse economy like India.
PPF or FD: Which has a lower minimum contribution?
Public Provident Fund (PPF) and Fixed Deposits (FDs) are two popular investment options in India.
Debt mutual funds: What they are actually
Investing in debt mutual funds can be a smart way to diversify your portfolio and manage risk.
Aviation stocks slip 5% as rising fuel prices hit margins
Shares of InterGlobe Aviation (IndiGo) and SpiceJet witnessed a steep fall on Tuesday.
Worrying: Over 30% of India's industrial goods come from China
India is heavily dependent on China for its industrial goods, with the latter accounting for a whopping 30.8% of the country's requirements, think tank Global Trade Research Initiative (GTRI) revealed.
World's largest battery manufacturer raises $5B through share sale
Contemporary Amperex Technology Co. Ltd. (CATL), the world's largest battery manufacturer, has raised a whopping $5 billion through a Hong Kong share placement.
India's fertilizer subsidy bill may jump 20%: Here's why
India's fertilizer subsidy bill is likely to witness a 20% increase in the current fiscal year.
Flipkart now offers biometric authentication for Axis Bank card payments
In a major development, Flipkart has teamed up with Axis Bank and PayU to introduce biometric authentication for card payments on its platform.
8th Pay Commission talks start today: What's on agenda?
The 8th Central Pay Commission (CPC) will hold a crucial three-day meeting with employee unions and associations in New Delhi, starting today.
India's growth stable, informal sector hit by US-Iran war: Survey
A recent Reuters poll of economists has shown that while India's growth outlook remains stable, the ongoing US-Israeli war with Iran is severely impacting the country's informal economy.
How a $500 Adidas shoe helped set a marathon record
Kenyan runner Sabastian Sawe made history by becoming the first person to officially break the two-hour marathon barrier.
Home services start-up Snabbit raises $56M at $350M valuation
Indian on-demand home services start-up Snabbit has raised $56 million in a Series D funding round. It now values the company at around $350 million.
Government bank stocks down by 3% today: What's the reason?
Public sector bank stocks witnessed a major fall today, with Bank of India and Bank of Baroda leading the decline at 3% each.
Noida International Airport might let you fly from June
The Bureau of Civil Aviation Security (BCAS) has approved the Aerodrome Security Programme (ASP) for the upcoming international airport in Noida.
How Meta plans to undo its $2.5B Manus acquisition
Meta is preparing to reverse its acquisition of AI start-up Manus after the Chinese government blocked the deal on national security grounds, The Wall Street Journal reported.
Brent crude nears $110 as US considers Iran's peace proposal
Brent crude oil prices have reached near $110 per barrel. This comes as the US considers Iran's latest proposal to end the ongoing conflict in West Asia.
Start-up building self-learning AI raises record $1.1B seed
Ineffable Intelligence, a start-up founded by David Silver, a former lead researcher at Google's DeepMind, has raised $1.1 billion in seed funding.
Musk v/s Altman: AI's biggest feud enters courtroom
A high-profile legal battle between tech moguls Elon Musk and Sam Altman is about to begin in a US court.
Secured loans: What they are actually
Secured loans are a common financial tool, allowing borrowers to use an asset as collateral.
OpenAI and Microsoft amend their partnership: What has changed?
OpenAI and Microsoft have announced a major overhaul of their partnership agreement.