Business News
No jargons, no mumbo-jumbo. Read the unadulterated Business news here.
Modi government approves ₹10,000cr fund to stabilize jet fuel prices
The Indian government has approved a ₹10,000 crore Aviation Turbine Fuel (ATF) Price Stabilization Fund.
Apple to submit its Indian financials to competition watchdog
Apple has agreed to submit the financials of its Indian operations to the Competition Commission of India (CCI).
This 'next trillion-dollar company' has significant ties to India
NVIDIA CEO Jensen Huang has dubbed Marvell Technology the "next trillion-dollar company," highlighting its pivotal role in powering AI data center infrastructure.
Could US-Iran war trigger a global recession?
The Organisation for Economic Co-operation and Development (OECD) has warned that a prolonged conflict in the Middle East could severely impact global economic growth.
India's services sector grows at fastest pace in 6 months
India's services sector has witnessed its fastest growth in six months, largely due to a surge in domestic demand. The growth was particularly strong in e-commerce, entertainment, and IT industries.
Sensex crashes over 1,150 points: What's behind today's fall?
India's equity benchmarks witnessed a sharp decline on Wednesday, with the BSE Sensex crashing over 1,150 points and the Nifty 50 index plummeting by more than 300 points in intraday trade.
Indus Appstore's co-founder Akash Dongre has quit
Akash Dongre, the Chief Product Officer and Co-founder of Indus Appstore, has announced his resignation from the PhonePe-owned mobile app marketplace.
DeepSeek plans to raise $7.4B in maiden funding round
Chinese artificial intelligence (AI) start-up DeepSeek is gearing up for its first major fundraising round, hoping to raise around CNY 50 billion ($7.4 billion).
Gold now world's top reserve asset, surpassing US Treasuries
Gold has surpassed US Treasuries to become the world's top reserve asset, a European Central Bank (ECB) report has revealed.
RBI's MPC meeting begins today: What to expect
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting starts today.
Bitcoin crashes over 7% to nearly $66,000
The world's leading cryptocurrency, Bitcoin, has witnessed a significant drop in its value.
Did RBI sell gold to protect India's forex reserves?
The Reserve Bank of India (RBI) may have sold a portion of its gold reserves to protect its foreign-currency assets from the impact of the ongoing US-Iran conflict in West Asia.
US proposes 12.5% tariffs on imports from India
The United States has proposed an additional tariff of 12.5% on imports from India and 53 other countries, in a move linked to forced labor practices in production.
SpaceX sets $135 per share target for record IPO
SpaceX, the rocket and satellite communications company, is gearing up for a historic initial public offering (IPO).
Do airlines using Adani airports have to pay higher fees?
The Adani Group and the Airports Economic Regulatory Authority of India (AERA) are embroiled in a legal dispute over airport charges.
Why JLR is taking loans worth £2B
Jaguar Land Rover (JLR), the British luxury car division of Tata Motors, is raising £2 billion through a five-year loan from several multinational banks.
Why SpaceX's IPO filing says water access is a risk
SpaceX has updated its initial public offering (IPO) filing to highlight water access as a major challenge.
Section 301 explained: The US trade law worrying India
As the US and India inch closer to a trade deal, New Delhi has sought protection from possible tariffs under Section 301 of the US Trade Act.
AI creates 13 new jobs at this software company
While many tech companies are letting employees go, a Silicon Valley software firm is doing the opposite.
How Producer Price Index will help measure India's inflation
India is set to launch its first-ever Producer Price Index (PPI) to measure inflation.
Mother Dairy will soon sell milk in naturally degradable pouches
Mother Dairy, a leading milk supplier in India, has launched the country's first naturally degradable milk pouch.
Infosys shares up 6% after rolling out AI-backed journalism tool
Infosys's shares rose by over 6% today, following the company's announcement of an artificial intelligence (AI)-powered editorial recommendation engine.
Zomato, Swiggy, Amazon, Meesho and Zepto form new industry body
India's leading e-commerce companies have formed a new industry-led platform called the Digital Commerce Coalition.
Amid AI boom, Jensen Huang warns not to underpay employees
NVIDIA CEO Jensen Huang has weighed in on the ongoing debate over fair employee compensation amid the AI boom.
Delhi start-up seeks pay cuts from staff after ₹2cr error
A Delhi-based tech company has come under fire for asking its employees to bear the brunt of a ₹2 crore loss caused by a single employee's mistake.
India-UK FTA: New Delhi might reconsider Scotch whisky tariff cuts
India has warned that it may reconsider major concessions under the India-UK Free Trade Agreement (FTA), including tariff cuts on Scotch whisky.
Coca-Cola's Indian bottling subsidiary may get listed in 2027
Coca-Cola is considering an initial public offering (IPO) for its Indian bottling subsidiary, Hindustan Coca-Cola Holdings.
BharatPe Flex lets you make UPI payments on credit
BharatPe, a financial services and UPI payments firm in India, has launched 'BharatPe Flex.'
You can give suggestions to 8th-Pay Commission till June 15
The 8th Central Pay Commission (CPC) has extended the deadline for submitting the memorandums and suggestions to June 15.
Reporting cyberattacks on India's financial sector might soon become easier
The Indian government is working on a unified system for reporting and responding to cyberattacks across the financial sector, Moneycontrol has reported.
Alphabet seeks $80B to fund AI expansion
Google's parent company, Alphabet, has announced plans to raise $80 billion through a series of stock sales. The move includes a big investment deal with Berkshire Hathaway.
South Korea overtakes India as 6th-largest stock market
South Korea's stock market has overtaken India's to become the world's sixth largest.
Why Florida is suing OpenAI and Sam Altman
Florida Attorney General James Uthmeier has filed a lawsuit against OpenAI and its CEO Sam Altman.
Berkshire Hathaway invests $10B in Google parent
Berkshire Hathaway has made a major investment in Alphabet, the parent company of Google. The conglomerate, now led by Greg Abel, has invested $10 billion through a private stock purchase.
ED raids Vedanta Group offices in FEMA case
The Enforcement Directorate (ED) has launched a raid at the offices of Vedanta in Mumbai and Delhi.
Anthropic files for IPO
Anthropic, a leading artificial intelligence (AI) company and the creator of the popular Claude AI model, has officially kicked off its initial public offering (IPO) process.
CBI arrests former RCom MD in bank fraud case
Amitabh Jhunjhunwala, the former Group Managing Director of Reliance Communications, has been arrested by the Central Bureau of Investigation (CBI) in a major bank fraud case.
SpaceX to reserve 5% of IPO stock for employees, family
SpaceX has announced its plan to reserve up to 5% of shares in its upcoming initial public offering (IPO) for select employees and the friends and family of its executive officers.
India's fiscal deficit in FY26 stands at 4.4% of GDP
India's fiscal deficit for the financial year ending March 31, 2026, stood at 4.4% of its gross domestic product (GDP).
China's new rules for overseas investments: How it affects you
China has introduced new regulations to tighten its grip on overseas investments involving Chinese investors, technology, data, and national security.