LOADING...

Business News

No jargons, no mumbo-jumbo. Read the unadulterated Business news here.

24 May 2026
Karnataka

Karnataka raises minimum wages by 60%: Check new income slabs

The Karnataka government has announced a major hike in the minimum wages, raising them by a whopping 60%.

24 May 2026
Delhi

India among countries with least increase in fuel prices: Government

India has witnessed one of the smallest increases in retail petrol and diesel prices among major economies, despite a sharp rise in global crude oil rates due to the Iran war and Strait of Hormuz disruption.

24 May 2026
Amazon

US companies chase billions in refunds from now-invalid Trump tariffs

After a landmark Supreme Court ruling, US businesses are racing to claim billions in refunds from now-invalid tariffs.

3 SME IPOs opening for subscription in India next week

In the midst of market volatility and geopolitical tensions, three new small and medium-sized enterprise (SME) initial public offerings (IPOs) are set to open for subscription next week.

24 May 2026
United States of America

US becomes 2nd largest source of FDI into India

The United States has replaced Mauritius as the second-largest source of foreign direct investment (FDI) into India, according to a report by The Times of India.

Delhi airport to phase out Terminal 2 by 2033

Delhi International Airport Limited (DIAL) plans to phase out the nearly four-decade-old Terminal 2 (T2) by 2033.

24 May 2026
India

India's fuel price hike is 'smallest' among major economies

India has been able to shield its consumers from the full impact of the global oil crisis caused by the closure of the Strait of Hormuz.

UPI transaction limit might suddenly reduce: Here's how to avoid

Unified Payments Interface (UPI) has revolutionized digital transactions in India. The platform offers a seamless way to send and receive money.

24 May 2026
Iran

First-in-months: LNG tanker leaves Strait of Hormuz for India

In a major development, an LNG (liquefied natural gas) tanker has left the Strait of Hormuz for India.

24 May 2026
India

India's fuel demand growth might fall 39% in H2 2026

India's fuel demand growth is expected to slow down significantly in the second half of 2026.

24 May 2026
Finance

IRFC eyes $2B loan in FY27 for infra projects

Indian Railway Finance Corporation (IRFC), a state-owned entity, is gearing up to raise $2 billion through external commercial borrowing (ECB).

24 May 2026
Indian Government

Gold prices down by ₹450/g: Here we decode why

Gold prices in the Indian market have fallen by over ₹450 per gram.

24 May 2026
Reliance Industries

Market cap of India's top 6 companies up by ₹74,111.57cr

The market capitalization of six out of the top 10 most valued companies in India jumped by a whopping ₹74,111.57 crore last week.

24 May 2026
China

Why Wingtech has sued Dutch chipmaker Nexperia for $1.2B

China's Wingtech Technology has filed a lawsuit against chipmaker Nexperia and five other entities, seeking CNY 8 billion ($1.2 billion) in compensation for economic losses.

24 May 2026
Indian Government

Government may remove 11% customs duty on raw cotton imports

The Indian government is considering the removal of an 11% customs duty on raw cotton imports.

24 May 2026
Bombay Stock Exchange (BSE)

LIC becomes India's most profitable public sector company

The Life Insurance Corporation of India (LIC) has become the most profitable public sector company in India for the March 2026 quarter.

24 May 2026
Piyush Goyal

India's exports continue to grow in May: Piyush Goyal

Commerce and Industry Minister Piyush Goyal has announced that India's exports have witnessed healthy growth in the first three weeks of May.

24 May 2026
Strait of Hormuz

Fuel prices may rise further if US-Iran war persists

Bharat Petroleum Corporation Ltd.'s (BPCL) HR Director Raj Kumar Dubey has warned that another increase in fuel prices may be unavoidable if global energy disruptions continue.

24 May 2026
Ashwini Vaishnaw

Rajasthan pitches itself as semiconductor manufacturing hub

The central government and the Rajasthan state administration have pitched the state as a prime destination for electronics and semiconductor manufacturing.

24 May 2026
Huawei

Ex-Meta employee accuses company of racial bias in layoffs

A former Meta employee, Jeremy Bernier, has accused the tech giant of racial discrimination in its layoff process.

24 May 2026
Trump Administration

US green card applicants must leave country under new policy

The Trump administration has ordered a major change in its immigration policy, asking noncitizens who have applied for a green card to leave the US.

24 May 2026
Donald Trump

US unveils 'America First' visa schedule, prioritising business professionals

US Secretary of State Marco Rubio has announced a new "America First" visa schedule, prioritizing business professionals.

24 May 2026
VinFast

This VinFast-backed Uber rival will soon offer rides in India

Green SM, a Vietnamese electric mobility company backed by VinFast, is all set to enter India's ride-hailing market in mid-June.

24 May 2026
India

BHAVYA scheme's operational guidelines out: How will it help industries?

The Department for Promotion of Industry and Internal Trade (DPIIT) has unveiled the operational guidelines for the Bharat Audyogik Vikas Yojna (BHAVYA).

24 May 2026
NTPC

NTPC Q4 results: Net profit up 34% YoY to ₹10,614.95cr

NTPC, a state-run power company, has reported a huge 34% jump in its consolidated net profit for the March quarter.

23 May 2026
Apple

Google appeals antitrust ruling over alleged search and advertising monopolies

Google has appealed a 2024 antitrust ruling that accused the tech giant of illegally maintaining monopolies in online search and advertising.

23 May 2026
India

India's forex spends slip 2% as education spending abroad falls

The total outward remittances under the Liberalized Remittance Scheme (LRS) have fallen by some 2% in FY26.

mAadhaar app retiring soon: How to set up new one

The Unique Identification Authority of India (UIDAI) is retiring the mAadhaar app in favor of a new Aadhaar platform.

23 May 2026
Foreign Investment

FIIs pull out ₹30,374cr from Indian equities in May

Foreign institutional investors (FIIs) have sold Indian equities worth ₹2.22 lakh crore in 2026, continuing their net selling streak for the third consecutive month.

23 May 2026
Personal Finance

Gold could hit $100,000 per ounce, says Robert Kiyosaki

Robert Kiyosaki, the author of Rich Dad Poor Dad, has warned of an impending stock market crash.

23 May 2026
United States of America

Glenmark Pharmaceuticals to pay $30M in US antitrust case

Glenmark Pharmaceuticals has announced that its US subsidiary will pay $29.6 million (approximately ₹284 crore) to settle antitrust and consumer protection litigation.

LIC aims for double-digit revenue growth in FY27

The Life Insurance Corporation of India (LIC) is targeting double-digit revenue growth and margin expansion in FY27.

23 May 2026
Canada

Piyush Goyal to visit Canada to boost trade ties

India's Minister of Commerce and Industry, Piyush Goyal, will visit Canada from May 25-27. He will be leading a delegation of some 150 Indian industry leaders.

23 May 2026
Pune

Uber now lets you book Pune Metro tickets

Pune Metro commuters can now book QR-based metro tickets directly through the Uber app.

23 May 2026
Blockchain

SEC delays plan for crypto versions of US stocks

The US Securities and Exchange Commission (SEC) has postponed its plan to allow cryptocurrency firms to trade tokenized assets linked to stocks, according to Bloomberg.

This Bain Capital-backed firm wants to raise ₹1,400cr via IPO

Bain Capital-backed Dhoot Transmission Limited has filed its updated Draft Red Herring Prospectus (UDRHP-1) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).

23 May 2026
Narendra Modi

India to have complete semiconductor supply chain soon: Modi

Prime Minister Narendra Modi has announced the development of a complete semiconductor supply chain in India.

23 May 2026
IndusInd Bank

IndusInd Bank now offers work-from-home option to more employees

IndusInd Bank has announced the expansion of its roster-based work-from-home (WFH) framework to more departments, following its successful adoption across select teams.

23 May 2026
India

India's gross FDI inflows in FY26 hit a record $94.5B

India's gross foreign direct investment (FDI) inflows for the fiscal year 2025-26 have hit a record high of $94.53 billion, according to data from the Reserve Bank of India (RBI).

23 May 2026
Eicher Motors

Eicher Motors' Q4 results: Profit rises 12% YoY to ₹1,520cr

Eicher Motors has reported a 12% year-on-year (YoY) rise in its consolidated net profit for the fourth quarter of FY26.